Fidelity Advisor Managed Retirement 2020 Fund Class I (FIIVX)
Fidelity Advisor Managed Retirement 2020 Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $60.39, up 0.17% on the session, giving a market capitalisation of $10.9M. Its beta of 0.47 implies it has historically moved less than the broad market.
This fund aims to achieve comprehensive returns, encompassing both income generation and capital appreciation, up until its specified target date. It strategically allocates capital across a variety of Fidelity vehicles, including U.S. and international stock funds, fixed-income instruments, and short-term holdings. This diversified approach is specifically designed to support a systematic withdrawal plan, providing investors with a steady income stream during retirement. The portfolio manager implements a predefined, balanced asset allocation strategy.
Fidelity Advisor Managed Retirement 2020 Fund Class I is most often compared with the following Financial Services names: