Fidelity Asset Manager 60%
FSANX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Oct 11, 2007
- CIK
- 0000354046
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Asset Manager 60% (FSANX) is a diversified mutual fund that seeks high total return over the long term by allocating assets among stocks, bonds, short-term instruments, and other investments, maintaining a neutral strategic allocation of approximately 60% to equities, 30% to fixed income, and 10% to short-term/money market instruments. The fund invests in a mix of domestic and international equity securities across varying styles and market capitalizations; investment-grade and high-yield bonds; and short-term instruments, leveraging specialized Fidelity central funds managed by asset-class experts to enhance security selection. It adjusts allocations tactically within defined ranges—stocks (50%-70%), bonds (25%-45%), short-term class (5%-25%)—to respond to market conditions while targeting moderate growth with income generation. Launched on October 9, 2007, the fund operates as part of Fidelity Investments' suite of seven Asset Manager funds, which range from 20% to 85% equity exposure, and is headquartered in Boston, Massachusetts. Fidelity Investments serves as the issuer and manager, providing global operations across multiple regions including the United States, developed international markets, and emerging markets through its underlying portfolios. The fund targets individual and institutional investors seeking a balanced, all-in-one portfolio solution aligned with moderate risk tolerance, emphasizing diversification across asset classes without active management of individual securities by the lead portfolio team. Recent portfolio adjustments include increased allocations to defensively oriented strategies such as the Fidelity Hedged Equity ETF, reduced exposure to large-cap stocks, and elimination of small- and mid-cap holdings to mitigate equity risk amid market volatility. In November 2025, the fund reported a monthly distribution of $0.038 per share, reflecting ongoing income generation efforts. No major acquisitions, partnerships, funding rounds, or structural reorganizations have been announced for FSANX in the last 1-2 years.