Fidelity Balanced Fund

Shareclass

Fidelity Balanced (FBALX)

Type

Open-end mutual fund

Manager

Fidelity Investments

Investments in major fossil fuel companies

Top 200 carbon reserves

$98.35 MILLION

Top 200 carbon reserves

$16.94 MILLION

Top 200 carbon reserves

$16.78 MILLION

Top 200 carbon reserves

$12.29 MILLION

Top 50 coal-fired power

$10.73 MILLION

Top 50 coal-fired power

$7.49 MILLION

Fossil fuel holdings

Energy sector

Top 200 owners of carbon reserves

Carbon Underground 200

holdings

$166.38M

invested

1.8%

of portfolio

Coal industry

Coal miners, coal services, owners of coal reserves

holdings

$49.35M

invested

0.53%

of portfolio

Oil/gas industry

Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators

holdings

$299.38M

invested

3.24%

of portfolio

Utility sector

Top 50 coal-fired utilities

Macroclimate 50

holdings

$26.83M

invested

0.29%

of portfolio

Fossil-fired utilities

Utilities burning fossil fuels or distributing gas

holdings

$146.2M

invested

1.58%

of portfolio

When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.

All fossil fuel companies

37 holdings

1. Exxon Mobil Corp
$98.35M
1.06%
2. NextEra Energy Inc
$20.26M
0.22%
3. Imperial Oil Ltd
$16.94M
0.18%
4. Shell PLC ADR (Representing - Ordinary Shares)
$16.78M
0.18%
5. CSX Corp
$15.5M
0.17%

See all

Share to spread the word.
Business as usual is fueling climate destruction.

Fidelity Balanced Fund $FBALX is 4.24% ($392.47 MILLION) invested in fossil fuel stocks

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Fidelity Balanced Fund FBALX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on FBALX at Morningstar.com

Current fund

FBALX

Fidelity Balanced Fund

Family

Fidelity Investments

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-3.44% less in annualized returns

Less invested in fossil fuels

4.08% less invested

Lower fossil finance risk score

3 points lower

Lower fossil insurance risk score

16 points lower

Less invested in Clean200

6.59% less invested

Current fund

FBALX

Fidelity Balanced Fund

Family

Fidelity Investments

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-3.44% less in annualized returns

Less invested in fossil fuels

4.08% less invested

Lower fossil finance risk score

3 points lower

Lower fossil insurance risk score

16 points lower

Less invested in Clean200

6.59% less invested

Current fund

FBALX

Fidelity Balanced Fund

Family

Fidelity Investments

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-3.44% less in annualized returns

Less invested in fossil fuels

4.08% less invested

Lower fossil finance risk score

3 points lower

Lower fossil insurance risk score

16 points lower

Less invested in Clean200

6.59% less invested

Month-end trailing returns

Performance as of date: 10/31/24

Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD

Annualized returns

Climate analysis

1-yr

3-yr

5-yr

10-yr

This fund
FBALX - Fidelity Balanced Fund

28%

4.81%

12%

9.52%

4.24%

Benchmark

38%

9.05%

15%

13%

8.32%

Fund compared to benchmark

-10.47%

-4.24%

-3.7%

-3.44%

4.08% lower

Find more financial data on FBALX at Morningstar.com

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Recent blog posts

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Disclaimer: As You Sow is not an investment adviser

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Fossil fuel companiesare fueling the climate crisis.

Environment

Social

Disclaimer: As You Sow is not an investment adviser