Fidelity Advisor Asset Manager 85% Fund Class A (FEYAX)
Fidelity Advisor Asset Manager 85% Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $34.58, up 0.49% on the session, giving a market capitalisation of $7.18B. Its beta of 1.23 implies it has historically moved more than the broad market.
This fund aims to achieve the highest possible overall return over an extended period. Its investments are strategically allocated across two primary asset categories: equities and fixed-income/cash equivalents. The equity portion includes all types of stock investments, whether directly held or through other funds. The fixed-income and cash equivalent portion encompasses a broad spectrum of debt instruments across various maturities, including lower-rated, higher-yielding securities often termed "junk bonds," as well as money market instruments and funds focused on these. The fund consistently maintains a neutral target allocation, with 85% of its capital in stocks and the remaining 15% in bonds and short-term cash instruments.
Fidelity Advisor Asset Manager 85% Fund Class A is most often compared with the following Financial Services names: