Summary
Fidelity Asset Manager 20% is a mutual fund run by Fidelity. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 7,032. The ten largest make up 34% of the fund.
- Positions
- 7,032
- Dividend yield
- 2.78%
- Running since
- 1995
What speaks for it
- It has been running since 1995.
What to watch
- 87% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.5%
- 3 months
- -1.0%
- This year
- +1.3%
- 1 year
- +0.8%
- 3 years
- +16%
- 5 years
- -1.9%
- 10 years
- +10%
- Avg. market cap
- $2.22T
- P/E
- 21.6x
- Forward P/E
- 18.7x
- P/S
- 5.9x
- P/B
- 5.9x
- P/FCF
- 24.9x
- EV/EBITDA
- 16.2x
- Dividend yield
- 0.61%
- ROIC
- 26.9%
- ROE
- 57.7%
- Gross margin
- 58.8%
- Operating margin
- 36.8%
- Net margin
- 35.5%
- Payout ratio
- 13.1%
- Net debt/EBITDA
- 0.5x
- Beta
- 0.55
Weighted average of the 50 largest companies, which make up 10% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 Fidelity Cash Central Fund 19%
- 2 FLFidelity Low Duration Bond ETF FLDB 4.2%
- 3 FSFidelity Short-Term Bond ETF FSTB 2.0%
- 4 US Treasury Notes 4% 7/31/2030 1.5%
- 5 CBOT 10Y US Treasury Notes Contracts (United States) 1.5%
- 6 US Treasury Notes 4.25% 8/15/2035 1.4%
- 7 US Treasury Notes 4.125% 2/15/2036 1.4%
- 8 Fidelity Commodity Strategy Central Fund 1.2%
- 9 CBOT 2Y US Treasury Notes Contracts (United States) 1.2%
- 10 FEFidelity Enhanced Small Cap ETF FESM 1.2%
Positions in the fund: 7,032. The ten largest make up 34% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 29%
- Financials 17%
- Industrials 12%
- Consumer cyclical 8.8%
- Healthcare 8.5%
- Other 24%
By country
- United States 87%
- Japan 1.1%
- United Kingdom 1.0%
- China 0.7%
- Other countries 11%
Largest sector: Technology (29%). Largest country: United States (87%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing slowly- A year on average, 10 years
- +1.0%
- Deepest drop
- -17%
- Yearly volatility
- 4.8%
Average yearly growth over the last ten years: 1.0%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.78%
- Payments a year
- 11
- Last payment
- $0.07
Over the last 12 months it paid $0.41 per share, which is 2.78% of today's price. The last payment was $0.07 on Oct 2, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.6
- Average Bulios Score
- 74 out of 100
Weight by Bulios Fair Price
- Undervalued 6.7%
- Fairly valued 2.3%
- Overvalued 91%
On average the companies inside trade for 21.6 times their yearly profit. By Fair Price, 91% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 10% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.