Fidelity Balanced Fund

Shareclass
Fidelity Balanced (FBALX)
Type
Open-end mutual fund
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up less than 1% of the portfolio. Assigned a grade of C.
C
$1.25 BILLION
Prison industrial complex
24
flagged holdings
13%
of assets flagged
Data as of 31 Aug 2024
Flagged investments:
$1.25 BILLION, 13% of assets
Higher risk:
$56.74 MILLION, 0.61% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
14
holdings
$913.83M
invested
9.88%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
14
holdings
$1.06B
invested
11%
of portfolio
All flagged holdings
24 holdings
24 holdings
  • 1.  
    Microsoft Corp
    Prison industryBorder industry
    $474.25M
    5.13%
  • 2.  
    Amazon.com Inc
    Prison industryBorder industry
    $240.98M
    2.6%
  • 3.  
    Alphabet Inc Class A
    Border industry
    $154.74M
    1.67%
  • 4.  
    Salesforce Inc
    Border industry
    $44.84M
    0.48%
  • 5.  
    Costco Wholesale Corp
    Prison industry
    $42.76M
    0.46%
Higher risk
Private prison operator
See all
Fidelity Balanced Fund $FBALX is 13% ($1.25 BILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on FBALX at Morningstar.com
Current fund
FBALX
Fidelity Balanced Fund
Family
Fidelity Investments
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.44% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.29% less invested
Less invested in higher risk companies, border industry 
0.96% less invested
Less invested in higher risk companies 
0.96% less invested
Less invested in all screened prison industry companies 
4.93% less invested
Less invested in all screened border industry companies 
6.41% less invested
Less invested in all screened companies 
8.86% less invested
Current fund
FBALX
Fidelity Balanced Fund
Family
Fidelity Investments
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.44% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.29% less invested
Less invested in higher risk companies, border industry 
0.96% less invested
Less invested in higher risk companies 
0.96% less invested
Less invested in all screened prison industry companies 
4.93% less invested
Less invested in all screened border industry companies 
6.41% less invested
Less invested in all screened companies 
8.86% less invested
Current fund
FBALX
Fidelity Balanced Fund
Family
Fidelity Investments
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.44% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.29% less invested
Less invested in higher risk companies, border industry 
0.96% less invested
Less invested in higher risk companies 
0.96% less invested
Less invested in all screened prison industry companies 
4.93% less invested
Less invested in all screened border industry companies 
6.41% less invested
Less invested in all screened companies 
8.86% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
FBALX - Fidelity Balanced Fund
28%
4.81%
12%
9.52%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
0% 
Fund compared to benchmark
 
-10.47%
-4.24%
-3.7%
-3.44%
Same
Find more financial data on FBALX at Morningstar.com
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