Fidelity Managed Retirement 2020 Fund (FIRVX)
Fidelity Managed Retirement 2020 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $60.36, up 0.17% on the session, giving a market capitalisation of $11.1M. Its beta of 0.47 implies it has historically moved less than the broad market.
This fund strategically deploys capital across a diverse range of Fidelity's investment offerings, encompassing U.S. and international stock funds, fixed-income portfolios, and money market instruments. The core aim of this construction is to facilitate a structured withdrawal plan, delivering consistent income to investors throughout their retirement. The asset allocation is executed by the manager following a neutral, predefined strategy.
Fidelity Managed Retirement 2020 Fund is most often compared with the following Financial Services names: