Fidelity Income Fund - Fidelity Simplicity RMD 2005 Fund
FARPX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Aug 31, 2007
- CIK
- 0000751199
- Similar Companies
- Business
- Fidelity Income Fund - Fidelity Simplicity RMD 2005 Fund (FARPX) is a mutual fund that seeks total return through a combination of current income and capital growth. The fund invests primarily in a diversified portfolio of underlying Fidelity equity, fixed income, and short-term mutual funds according to an asset allocation strategy that gradually becomes more conservative over time to support required minimum distribution (RMD) withdrawals for investors born around 2005; it is actively managed with allocations across U.S. and international equities, investment-grade bonds, high-yield bonds, inflation-protected securities, and short-term instruments. Offered as a retail share class through Fidelity Investments, it targets retirement savers needing structured income solutions alongside growth potential, with operations managed from Fidelity's headquarters in Boston, Massachusetts. In July 2020, the fund underwent a tax-free reorganization in which it merged into the Fidelity Income Fund: Fidelity Simplicity RMD Income Fund, with all assets transferred and shares exchanged at a merger ratio of approximately 0.987492 based on net asset values immediately prior to the transaction. This restructuring involved the complete liquidation of the pre-merger FARPX entity and distribution of acquiring fund shares pro rata to shareholders, preserving basis under IRC sections 368(a), 354(a), and 358(a). No significant acquisitions, new product launches, partnerships, or operational shifts have been reported for the fund in the last 1-2 years.