Fidelity announced that Katherine (Katie) Shaw joined the management roster, replacing Geoff Stein on Fidelity Advisor Asset Manager series effective Nov. 1, 2023. Stein departed the series to focus on his role as CIO of Global Asset Allocation, which he started at the beginning of 2023. Shaw will be working closely with Avishek Hazrachoudhury, a manager on this strategy since 2018. Shaw joined Fidelity in 2007 and has held various roles in the consumer discretionary sector including a portfolio manager and a sector leader. This is a notable change, but the team continues to be well-staffed and appropriately supported by the firm’s resources. The changes to the management roster do not affect the fund’s Average People Pillar rating.
Fidelity Advisor Asset Manager 30% Z FIKWX
- NAV / 1-Day Return 11.81 / +0.41 %
- Total Assets 2.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.480%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Moderately Conservative Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Status Open
- TTM Yield 2.90%
- Turnover 22%
USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:19 PM GMT+0
Morningstar’s Analysis FIKWX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 6.20 | 124.0 Mil | Cash and Equivalents |
Fidelity Low Duration Bond ETF | 5.12 | 102.2 Mil | — |
United States Treasury Notes 4% | 1.80 | 35.9 Mil | Government |
United States Treasury Notes 4.125% | 1.71 | 34.1 Mil | Government |
Microsoft Corp | 1.69 | 33.7 Mil | Technology |
United States Treasury Bonds 4.25% | 1.20 | 24.0 Mil | Government |
United States Treasury Notes 4% | 1.14 | 22.8 Mil | Government |
Apple Inc | 1.10 | 22.0 Mil | Technology |
Alphabet Inc Class A | 0.98 | 19.5 Mil | Communication Services |
Amazon.com Inc | 0.96 | 19.1 Mil | Consumer Cyclical |