- What does FRQIX invest in?
- This fund's primary objective is to maximize overall financial gains up to its designated target year. It achieves this by generating both consistent earnings and an increase in asset value. The portfolio strategically deploys capital across a variety of Fidelity-managed products, including domestic and international stock funds, bond portfolios, and short-term holdings. This diversified investment approach is specifically designed to support a systematic withdrawal plan, ensuring a dependable income stream for investors during their retirement. The management team maintains a steady and unbiased distribution of assets, following a predefined, neutral allocation methodology.
- What is the expense ratio of FRQIX?
- Fidelity Advisor Managed Retirement 2010 Fund Class I (FRQIX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- What is the duration of FRQIX?
- Effective duration measures FRQIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FRQIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FRQIX?
- FRQIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FRQIX?
- Yield to maturity (YTM) is the total return you'd earn from FRQIX if every bond in the portfolio is held to maturity at the current price. FRQIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is FRQIX?
- Fidelity Advisor Managed Retirement 2010 Fund Class I (FRQIX) manages $6.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
