<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000311884
<NAME> Fidelity Beacon Street Trust
<SERIES>
<NUMBER> 31
<NAME> Fidelity Tax Managed Stock Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
YEAR
<FISCAL-YEAR-END>
OCT-31-2000
<PERIOD-END>
OCT-31-2000
<INVESTMENTS-AT-COST>
81,536
<INVESTMENTS-AT-VALUE>
100,014
<RECEIVABLES>
429
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
100,443
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
190
<TOTAL-LIABILITIES>
190
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
88,960
<SHARES-COMMON-STOCK>
7,638
<SHARES-COMMON-PRIOR>
5,624
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(7,253)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
18,546
<NET-ASSETS>
100,253
<DIVIDEND-INCOME>
751
<INTEREST-INCOME>
95
<OTHER-INCOME>
0
<EXPENSES-NET>
844
<NET-INVESTMENT-INCOME>
2
<REALIZED-GAINS-CURRENT>
(5,010)
<APPREC-INCREASE-CURRENT>
10,535
<NET-CHANGE-FROM-OPS>
5,527
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
114
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3,227
<NUMBER-OF-SHARES-REDEEMED>
1,221
<SHARES-REINVESTED>
8
<NET-CHANGE-IN-ASSETS>
31,633
<ACCUMULATED-NII-PRIOR>
63
<ACCUMULATED-GAINS-PRIOR>
(2,240)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
504
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
848
<AVERAGE-NET-ASSETS>
87,693
<PER-SHARE-NAV-BEGIN>
12.200
<PER-SHARE-NII>
0
<PER-SHARE-GAIN-APPREC>
.930
<PER-SHARE-DIVIDEND>
.020
<PER-SHARE-DISTRIBUTIONS>
0
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
13.130
<EXPENSE-RATIO>
97
</TABLE>
