Fidelity Advisor Asset Manager 85% - Class C
FEYCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Sep 1, 2005
- CIK
- 0000354046
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Asset Manager 85% Fund (Class C) (FEYCX) is an actively managed open-end mutual fund that seeks a high level of total return over the long term by maintaining a neutral asset allocation mix of approximately 85% in equities and 15% in fixed-income securities and cash equivalents. The fund invests across a broad spectrum of equity securities, including domestic and foreign stocks of companies in all market capitalizations, as well as fixed-income instruments encompassing investment-grade and high-yield bonds of varying maturities, short-term debt, money market securities, and other investment vehicles such as exchange-traded funds and derivatives for hedging or efficient portfolio management; it emphasizes global diversification with significant exposure to U.S. stocks (around 53%), non-U.S. stocks (around 35%), U.S. bonds (around 13%), and smaller allocations to non-U.S. bonds and cash. Offered through Fidelity Investments, the fund targets long-term investors seeking aggressive growth with moderate fixed-income ballast and is available to retail and institutional clients in the United States, with a net expense ratio of approximately 1.69% and a deferred sales load of 1.00%. Launched with a share class inception date of October 2, 2006, as part of the broader Fidelity Asset Manager series whose underlying portfolio dates to September 24, 1999, the fund operates from Fidelity's headquarters in Boston, Massachusetts, and forms part of Fidelity Investments' extensive lineup of asset allocation funds managed within its Equity and Fixed-Income divisions. Current portfolio management is led by Avishek Hazrachoudhury (since April 28, 2018) and Katherine Shaw (since November 1, 2023), who oversee tactical adjustments to the neutral mix based on market conditions while adhering to the 85/15 guideline. In recent developments, the fund has sustained a moderate overweight in U.S. equities alongside out-of-benchmark positions in real estate investment trusts and commodities as of its latest reported portfolio positioning; it continues to deliver competitive performance with a year-to-date return of approximately 18.36% and assets under management exceeding $5.5 billion across the share class family as of late 2025. No major acquisitions, funding rounds, or structural reorganizations have been announced for the fund in the past 1-2 years, reflecting its stable operation within Fidelity's established asset allocation platform.