Hybrid (Balanced) Fund
Fidelity Puritan Fund
The Fidelity Puritan Fund is considered a “hybrid” investment option because it holds both stocks and bonds. This strategy is designed to achieve both income and capital growth with reasonable risk. The Fund invests approximately 60% of its assets in U.S. and international stocks and the remainder in bonds and other debt securities, including lower-quality debt instruments. This investment approach can offer some shelter from market volatility.
The Fidelity Puritan Fund uses a custom benchmark made up of 60% S&P 500 and 40% Bloomberg U.S. Aggregate Bond Index to reflect its mix of assets.
View JRB Investment Returns Sheet
Fidelity Puritan K6 Fund Fact Sheet
Fidelity Puritan Fund Prospectus
November 2024