Fidelity Balanced K6 Fund

Fidelity Puritan Trust · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:FBKFX
$2.42B NAV
364 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Balanced K6 Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Balanced K6 Fund seeks income and capital growth consistent with reasonable risk.

Strategy · summarised

The fund allocates approximately 60% to equities and 40% to fixed income, selecting stocks and bonds through fundamental analysis of financial condition, industry position, and market conditions across domestic and foreign issuers, with equity exposure diversified across market sectors through multiple Fidelity managers and fixed-income exposure including up to high-yield debt securities. Because security selection depends on manager analysis rather than a fixed rule, fund holdings and returns will diverge from any benchmark. The fund maintains at least 25% of assets in fixed-income senior securities.

Expenses
0.32%one share class
Share classExpense ratio
FBKFX0.32%

Portfolio turnover 53.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.05%
of net assets
Stocks99.09%
Cash & short-term0.87%
Derivatives0.06%
Bonds0.03%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Other34.7%
Information Technology21.6%
Communication Services7.0%
Financials6.8%
11 smaller29.8%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 72 new38 exited

Largest new: INTC, ELV, WDC, NFLX, ANTHROPIC PBC, RMBS, A, GPN

Largest exited: EXC, NTRS, VOYA, FSLR, AMUNDI SA, ROCHE HOLDING AG, HSIC, WTFC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+26.57%
3-year
+59.45%
5-year
+56.33%
Volatility
9.99%
Worst 3-yr fall
-6.59%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
0.00%
Avg maturity
0.17 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Central Investment Portfolios II LLC34.11%$826.88M
NVIDIA CORPNVDA5.85%$141.88M
ALPHABET INCGOOGL4.80%$116.39M
APPLE INCAAPL3.69%$89.34M
AMAZON.COM INCAMZN3.01%$72.92M
MICROSOFT CORPMSFT2.67%$64.84M
BROADCOM INCAVGO1.88%$45.54M
META PLATFORMS INCMETA1.50%$36.30M
MICRON TECHNOLOGY INCMU1.35%$32.64M
TESLA INCTSLA1.15%$27.88M
Showing 10 of 364Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 60.01% of net assets, top 25 69.56%, across 349 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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