Fidelity Managed Retirement 2030 Fund (FMRAX)
FMRAX Price Chart
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FMRAX Fund Profile
Key details and information about Fidelity Managed Retirement 2030 Fund (FMRAX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
28 Aug 2019
Country
US
Description
The Fidelity Managed Retirement 2030 Fund aims to achieve comprehensive returns, combining capital appreciation with current income generation, right up to its designated target date. To accomplish this, the fund predominantly allocates its assets across a diverse portfolio of Fidelity-branded holdings, including U.S. and international equity funds, fixed-income funds, and short-term investments. This investment approach is specifically structured to support a systematic withdrawal plan, ensuring investors receive a steady stream of income during their retirement years.
FMRAX Fund Performance
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