Fidelity Advisor Managed Retirement 2015 Fund - Class I (FRASX)
| Fund Assets | 5.34M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 1.45 |
| Dividend Yield | 2.54% |
| Dividend Growth | -3.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 57.28 |
| YTD Return | 1.26% |
| 1-Year Return | 11.05% |
| 5-Year Return | 16.82% |
| 52-Week Low | 49.97 |
| 52-Week High | 57.45 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Aug 30, 2007 |
About FRASX
Fidelity Advisor Managed Retirement 2015 Fund Class I is a target-date mutual fund designed to support investors who are near or in retirement by focusing on a blend of income and capital growth. Its primary objective is to provide a managed asset allocation using a mix of underlying Fidelity equity, fixed-income, and short-term funds, shifting its holdings toward more conservative, income-oriented investments as the target date approaches and passes. As of July 2025, the fund holds a diversified portfolio comprising approximately 34 underlying assets, heavily weighted toward fixed income and inflation-protected bonds, with notable allocations to U.S. investment-grade and government bond funds. This asset allocation is structured to balance return potential and risk for those needing ongoing withdrawals through retirement years. The fund has a relatively low expense ratio and pays monthly dividends, reflecting its income focus. Established in 2007, it serves retirees seeking systematic withdrawals and risk management as part of their retirement income strategy in the broader target-date fund landscape.
Performance
FRASX had a total return of 11.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.72%.
Top 10 Holdings
76.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx | FSTZX | 16.55% |
| Fidelity Series Government Bond Index Fund | FHNFX | 13.18% |
| Fidelity Series Investment Grade Bond Fund | FSIGX | 12.21% |
| Fidelity Series Corporate Bond Fund | FHMFX | 7.83% |
| Fidelity Series Investment Grade Securitized Fund | FHPFX | 7.45% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.94% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 4.14% |
| Fidelity Series Large Cap Value Index Fund | FIOOX | 3.96% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 3.47% |
| Fidelity Series Blue Chip Growth Fund | FSBDX | 3.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.736 | Dec 31, 2025 |
| Nov 7, 2025 | $0.188 | Nov 10, 2025 |
| Oct 3, 2025 | $0.084 | Oct 6, 2025 |
| Sep 5, 2025 | $0.053 | Sep 8, 2025 |
| Aug 1, 2025 | $0.195 | Aug 4, 2025 |
| Jul 11, 2025 | $0.040 | Jul 14, 2025 |