Fidelity Advisor Managed Retirement 2005 Fund Class A (FIOAX)
Fidelity Advisor Managed Retirement 2005 Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $60.49, up 0.13% on the session, giving a market capitalisation of $5.6M. Its beta of 0.38 implies it has historically moved less than the broad market.
This fund aims for comprehensive financial growth through both current income generation and capital appreciation until its designated horizon date. It achieves this by strategically investing in a diverse array of Fidelity-managed portfolios, encompassing U.S. and global equities, fixed-income offerings, and short-term instruments. This investment approach is specifically tailored to support a systematic withdrawal plan, providing investors with income throughout their retirement. The portfolio manager employs a predetermined, balanced allocation strategy across these various asset classes.
Fidelity Advisor Managed Retirement 2005 Fund Class A is most often compared with the following Financial Services names: