Continue to site >
Trending ETFs

Fidelity Managed Retirement 2035 Fund

mutual fund
FMRZX
Payout Change
Pending
Price as of:
$11.98 +0.01 +0.08%
primary theme
N/A
FMRZX (Mutual Fund)

Fidelity Managed Retirement 2035 Fund

Payout Change
Pending
Price as of:
$11.98 +0.01 +0.08%
primary theme
N/A
FMRZX (Mutual Fund)

Fidelity Managed Retirement 2035 Fund

Payout Change
Pending
Price as of:
$11.98 +0.01 +0.08%
primary theme
N/A

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.98

$12.8 M

1.90%

$0.23

0.38%

Vitals

YTD Return

11.7%

1 yr return

15.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$12.8 M

Holdings in Top 10

64.7%

52 WEEK LOW AND HIGH

$12.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.38%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.98

$12.8 M

1.90%

$0.23

0.38%

FMRZX - Profile

Distributions

  • YTD Total Return 11.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Managed Retirement 2035 Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Jan 03, 2023
  • Shares Outstanding
    N/A
  • Share Class
    K
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Investing primarily in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity® funds) in a manner that supports a withdrawal strategy to provide investors with income in retirement. Allocating assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Managed Retirement Income FundSM, approximately 10 to 20 years after the year 2035. Fidelity Management & Research Company LLC (FMR) (the Adviser) may modify the fund's neutral asset allocations from time to time when in the interests of shareholders.       The neutral asset allocation shown in the glide path depicts the allocation to U.S. equity funds, international equity funds, bond funds (including U.S. investment grade bond, international bond, short-term inflation-protected bond, long-term inflation-protected bond, and long-term treasury bond), and short-term funds. Buying and selling futures contracts (both long and short positions) in an effort to manage cash flows efficiently, remain fully invested, or facilitate asset allocation. The Adviser, under normal market conditions, will make investments that are consistent with seeking total return for several years beyond the fund's horizon date in an effort to achieve the fund's overall investment objective. As of August 1, 2024, the fund's neutral asset allocation to underlying Fidelity® funds and futures was approximately: U.S. Equity Funds 30% International Equity Funds 20% International Bond Funds 5% U.S. Investment Grade Bond Funds 30% Long-Term Treasury Bond Funds 4% Long-Term Inflation-Protected Bond Funds 8% Short-Term Inflation-Protected Bond Funds 1% Short-Term Funds 3%       * The Adviser may change these percentages over time. As a result of the active asset allocation strategy (discussed below), actual allocations may differ from the neutral allocations above. The allocation percentages may not add to 100% due to rounding. The Adviser, under normal market conditions, will use an active asset allocation strategy to increase or decrease asset class exposures relative to the neutral asset allocations reflected above by up to 10% for equity funds, bond funds and short-term funds to reflect the Adviser's market outlook, which is primarily focused on the intermediate term. The asset allocations in the glide path and pie chart above are referred to as neutral because they do not reflect any decisions made by the Adviser to overweight or underweight an asset class. The Adviser may also make active asset allocations within other asset classes (such as commodities, high yield debt (also referred to as junk bonds), floating rate debt, real estate debt, and emerging markets debt) from 0% to 10% of the fund's total assets individually, but no more than 25% in aggregate within those other asset classes. Such asset classes are not reflected in the neutral asset allocations reflected in the glide path and pie chart above. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics. Designed for investors at or around age 60 and above who turned or will turn age 70 in or within a few years of 2035 (horizon date) and plan to gradually withdraw the value of their account in the fund over time. The fund's investment objective is intended to support a withdrawal strategy to provide investors with income in retirement. Please contact Fidelity or your investment professional for more information. When the neutral asset allocation of a fund matches Fidelity Managed Retirement Income Fund's neutral asset allocation (approximately 10 to 20 years after the year indicated in the fund's name), the Board of Trustees may combine the fund with Fidelity Managed Retirement Income Fund SM , without shareholder approval, and the fund's shareholders will become shareholders of Fidelity Managed Retirement Income Fund SM .
Read More

FMRZX - Performance

Return Ranking - Trailing

Period FMRZX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.7% N/A N/A N/A
1 Yr 15.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FMRZX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period FMRZX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.7% N/A N/A N/A
1 Yr 15.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FMRZX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


FMRZX - Holdings

Concentration Analysis

FMRZX Category Low Category High FMRZX % Rank
Net Assets 12.8 M N/A N/A N/A
Number of Holdings 32 N/A N/A N/A
Net Assets in Top 10 6.75 M N/A N/A N/A
Weighting of Top 10 64.75% N/A N/A N/A

Top 10 Holdings

  1. Fidelity Series 5+ Year Inflation-Protected Bond Index Fund 8.43%
  2. Fidelity Series Government Bond Index Fund 8.16%
  3. Fidelity Series Investment Grade Bond Fund 8.01%
  4. Fidelity Series Large Cap Value Index Fund 7.71%
  5. Fidelity Series Emerging Markets Opportunities Fund 7.09%
  6. Fidelity Series Blue Chip Growth Fund 5.87%
  7. Fidelity Series Corporate Bond Fund 5.33%
  8. Fidelity Series Investment Grade Securitized Fund 5.20%
  9. Fidelity Series Long-Term Treasury Bond Index Fund 4.85%
  10. Fidelity Series International Value Fund 4.09%

Asset Allocation

Weighting Return Low Return High FMRZX % Rank
Stocks
99.92% N/A N/A N/A
Cash
0.08% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High FMRZX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High FMRZX % Rank
US
99.92% N/A N/A N/A
Non US
0.00% N/A N/A N/A

FMRZX - Expenses

Operational Fees

FMRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% N/A N/A N/A
Management Fee 0.38% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FMRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FMRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

FMRZX - Distributions

Dividend Yield Analysis

FMRZX Category Low Category High FMRZX % Rank
Dividend Yield 1.90% N/A N/A N/A

Dividend Distribution Analysis

FMRZX Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

FMRZX Category Low Category High FMRZX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

FMRZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

FMRZX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A