Fidelity Managed Retirement 2025 Fund (FIXRX)
Fidelity Managed Retirement 2025 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $62.78, down 1.66% on the session, giving a market capitalisation of $54.3M. Its beta of 0.54 implies it has historically moved less than the broad market.
This investment vehicle aims to deliver a comprehensive total return until its specified target date, generating both regular income and capital appreciation. The fund diversifies its holdings across various Fidelity® mutual funds, including domestic and international stock portfolios, bond funds, and money market instruments. This strategic allocation is designed to facilitate a systematic withdrawal strategy, thereby providing investors with a steady income stream during their retirement. The portfolio's assets are managed using a disciplined, neutral asset allocation methodology.
Fidelity Managed Retirement 2025 Fund is most often compared with the following Financial Services names: