FBAUX Mutual Fund — Fidelity Advisor® Balanced Fund Class I

Fidelity Advisor® Balanced Fund Class I (FBAUX)

Updated October 15, 2026.

FBAUX is a Mutual Fund. its distribution rate is 1.55%, its trailing-12-month yield is 11.44%, its expense ratio is 0.51%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Total return is 27.8% over the past 2 years, 7.3 points behind SPY at 35.1%.

Fidelity Advisor® Balanced Fund Class I is a mutual fund that maintains a balanced allocation of approximately 60% stocks and 40% bonds and other debt securities, including high-yield bonds when market conditions warrant. The fund distributes quarterly at a current rate that provides meaningful income and carries an expense ratio of 0.51%. It appeals to investors seeking a diversified mix of growth and income from a single fund holding.

FBAUX performance versus SPY

Price and return data through 2026-10-15.

Total return is 27.8% over the past 2 years, 7.3 points behind SPY at 35.1%. Over the past year its total return — price change plus distributions reinvested — is 14.3%. Its deepest 1-year drawdown was 6.5%.

FBAUX key facts

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

1.52%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.51%

Distribution rate

1.55%

Distribution frequency

Quarterly

Trailing yield

11.44%

Last close

$32.52 (as of 2026-10-15)

NAV

$32.59 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-15, NAV 2026-09-30) (NAV stale)

AUM

$57,796,165,632

Average volume

0.0

Dividend

$3.005

Ex-dividend date

10/09/2026

Beta

0.94

How Dividend Vision calculates yield and returns

Distribution rate (1.55%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.44%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FBAUX risks and drawbacks

FBAUX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.5%.

Who may consider FBAUX — and who may not

FBAUX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FBAUX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FBAUX

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Tagged: Mutual Fund.

Frequently asked questions

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