Fidelity Managed Retirement 2015 Fund

Frequently Asked Questions About FIRSX

What does FIRSX invest in?

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.

What is the expense ratio of FIRSX?

Fidelity Managed Retirement 2015 Fund (FIRSX) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FIRSX?

Fidelity Managed Retirement 2015 Fund (FIRSX) manages $5.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FIRSX actively managed or an index fund?

FIRSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FIRSX launched?

Fidelity Managed Retirement 2015 Fund (FIRSX) launched in August 2007 and is managed by Fidelity.

How has FIRSX performed?

FIRSX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.