<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>
6-MOS
<FISCAL-YEAR-END>
OCT-31-2000
<PERIOD-END>
APR-30-2000
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77,342
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94,722
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9,841
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0
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0
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104,563
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13,478
<SENIOR-LONG-TERM-DEBT>
0
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94
<TOTAL-LIABILITIES>
13,572
<SENIOR-EQUITY>
0
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79,017
<SHARES-COMMON-STOCK>
6,874
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5,624
<ACCUMULATED-NII-CURRENT>
0
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91
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(5,313)
<OVERDISTRIBUTION-GAINS>
0
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17,378
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90,991
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350
<INTEREST-INCOME>
49
<OTHER-INCOME>
0
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438
<NET-INVESTMENT-INCOME>
(39)
<REALIZED-GAINS-CURRENT>
(3,072)
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9,366
<NET-CHANGE-FROM-OPS>
6,255
<EQUALIZATION>
0
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114
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
1,752
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510
<SHARES-REINVESTED>
8
<NET-CHANGE-IN-ASSETS>
22,370
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63
<ACCUMULATED-GAINS-PRIOR>
(2,240)
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0
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0
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234
<INTEREST-EXPENSE>
0
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440
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81,092
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12.200
<PER-SHARE-NII>
(.010)
<PER-SHARE-GAIN-APPREC>
1.060
<PER-SHARE-DIVIDEND>
.020
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0
<RETURNS-OF-CAPITAL>
0
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13.240
<EXPENSE-RATIO>
110
</TABLE>