Fidelity Advisor Balanced T (FAIGXÂ -Â MF report)Â a Zacks Ranked #1 (Strong Buy) was established in January 1987 and is managed by the Fidelity Group. The objective of FAIGX is to seek income and capital growth. FAIGX invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities. At least 25% of the FAIGX’s total assets are normally invested in fixed-income senior securities (including debt securities and preferred stock).
This Allocation Balanced fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Intermediate Bond and Foreign Stock.
The Fidelity Advisor Balanced T, managed by Fidelity, carries an expense ratio of 1.14, and requires a minimal initial investment of $2,500.
FAIGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.31%, 3 year 13.49% and 5 year 11.59%. To see how this fund performed compared in its category, please click here.
FAIGX’s performance, as of the last filing, when compared to funds in its category was in the top 4% in 1 year, top 15% over the past 3 years, and in the 14% over the past 5 years.
