Fidelity Advisor Managed Retrmt 2015 I (FRASX)

Fund Assets	5.34M
Expense Ratio	0.46%
Min. Investment	$0.00
Turnover	40.00%
Dividend (ttm)	1.53
Dividend Yield	2.61%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Jun 10, 2026

Previous Close	58.40
YTD Return	4.26%
1-Year Return	10.01%
5-Year Return	16.99%
52-Week Low	54.82
52-Week High	58.87
Beta (5Y)	0.37
Holdings	35
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.

• Fund Family: Fidelity
• Category: Target-Date 2015
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: FRASX
• Share Class: Class I
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

FRASX had a total return of 10.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.20%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FJRSX	Class K6	0.26%
FKRSX	Class K	0.36%
FARSX	Fidelity Advisor Managed Retirement 2015 Fund: Class A	0.71%

Top 10 Holdings

75.24% of assets

Name	Symbol	Weight
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx	FSTZX	16.67%
Fidelity Series Government Bond Index Fund	FHNFX	12.74%
Fidelity Series Investment Grade Bond Fund	FSIGX	11.70%
Fidelity Series Corporate Bond Fund	FHMFX	7.58%
Fidelity Series Investment Grade Securitized Fund	FHPFX	7.02%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	4.92%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	4.67%
Fidelity Series Large Cap Value Index Fund	FIOOX	3.76%
Fidelity Series Blue Chip Growth Fund	FSBDX	3.27%
Fidelity Series Long-Term Treasury Bond Index Fund	FTLTX	2.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 10, 2026	$0.180	Jun 11, 2026
May 1, 2026	$0.096	May 4, 2026
Apr 1, 2026	$0.071	Apr 2, 2026
Mar 6, 2026	$0.072	Mar 9, 2026
Feb 6, 2026	$0.058	Feb 9, 2026
Dec 30, 2025	$0.736	Dec 31, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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