Fidelity Asset Manager 85% Fund
FEYIX
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 (FEYIX) is an open-end investment company that seeks a high level of current income and capital appreciation by normally investing approximately 85% of assets in stocks and other equity securities and the remainder in fixed-income securities and short-term instruments, targeting volatility similar to a strategic equity exposure exceeding 85% with no more than 75% in US securities; the fund employs a blend style for large-cap stocks and mid credit quality bonds with limited interest-rate sensitivity. Core holdings include US and non-US stocks (approximately 49% and 36%, respectively), US and non-US bonds (12% and 2%), cash equivalents, and other assets, with top allocations to Fidelity Enhanced Small Cap ETF, NVIDIA Corp., Microsoft Corp., Fidelity Blue Chip Growth ETF, and Fidelity Cash Central Fund; sector exposures emphasize technology (21%), financial services (16%), industrials (11%), consumer cyclical (9%), and communication services (8%), spanning the United States (49%), Eurozone (10%), emerging Asia (6%), developed Asia (4%), United Kingdom (4%), and other regions. Managed by Fidelity Management & Research Company LLC (FMR LLC), headquartered in Boston, Massachusetts, the fund was launched on October 2, 2006, with current portfolio managers Avishek Hazrachoudhury (since April 28, 2018) and Katherine Shaw (since November 1, 2023); it falls within the Global Aggressive Allocation category, managing approximately $5.5 billion in net assets for institutional and advisor-sold share classes available primarily in the United States. Recent developments include the addition of co-manager Katherine Shaw in late 2023 and Fidelity Investments' broader strategic expansions such as the April 2025 launch of no-fee cryptocurrency trading in individual retirement accounts, alongside ongoing portfolio adjustments reflected in 2025 holdings data amid heightened mergers and acquisitions activity tracked by Fidelity.