Fidelity Managed Retirement 2010 Fund (FIRQX)
Fidelity Managed Retirement 2010 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $57.82, up 0.07% on the session, giving a market capitalisation of $6.4M. Its beta of 0.37 implies it has historically moved less than the broad market.
This fund aims to deliver total returns, encompassing both current income and capital appreciation, up to its designated target date. It allocates capital across a diversified selection of Fidelity-branded investment vehicles, including domestic and international equity funds, fixed-income funds, and short-duration instruments. This diversified strategy is designed to facilitate a withdrawal plan that provides income to investors during their retirement years. The portfolio manager employs a predetermined and balanced approach to asset allocation.
Fidelity Managed Retirement 2010 Fund is most often compared with the following Financial Services names: