Fidelity Advisor Managed Retirement Income Fund (FRIMX)
Fidelity Advisor Managed Retirement Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $60.45, up 0.07% on the session, giving a market capitalisation of $17.0M. Its beta of 0.34 implies it has historically moved less than the broad market.
This portfolio strategically allocates capital across a diverse range of Fidelity-managed investment vehicles, encompassing both domestic and international equity funds, fixed-income funds, and money market options. Its primary purpose is to facilitate a systematic withdrawal strategy, aiming to deliver a consistent income stream to investors throughout their retirement. The fund's assets are managed according to a steady and balanced asset allocation methodology.
Fidelity Advisor Managed Retirement Income Fund is most often compared with the following Financial Services names: