Fidelity Managed Retirement 2015 Fund (FIRSX)
Fidelity Managed Retirement 2015 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $58.11, up 0.12% on the session, giving a market capitalisation of $5.1M. Its beta of 0.43 implies it has historically moved less than the broad market.
This investment aims to generate comprehensive returns by its target year, utilizing both current income and capital growth. It achieves this through a diversified portfolio of other Fidelity funds, including U.S. and international equities, fixed-income securities, and money market instruments. This investment structure is specifically designed to support a systematic withdrawal plan, providing a steady stream of income for investors in retirement. The portfolio manager implements a balanced approach to asset allocation.
Fidelity Managed Retirement 2015 Fund is most often compared with the following Financial Services names: