Fidelity Managed Retirement Funds - Fidelity Managed Retirement 2015 Fund
FCRSX
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USD
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Capital Structure
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in mil. unless spec.Working Capital
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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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Aug 31, 2007
- CIK
- 0000751199
- Similar Companies
- Business
- Fidelity Managed Retirement Funds - Fidelity Managed Retirement 2015 Fund (FCRSX) is an actively managed target-date mutual fund that seeks total return until its 2015 horizon date through a combination of current income and capital growth, becoming increasingly conservative over time. The fund invests in a diversified portfolio of underlying Fidelity mutual funds, including U.S. and non-U.S. stocks, bonds, short-term instruments, and inflation-protected securities; key holdings encompass Fidelity Series Investment Grade Bond Fund, Fidelity Series Government Bond Index Fund, Fidelity Series Corporate Bond Fund, Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund, and Fidelity Series Investment Grade Securitized Fund, with allocations emphasizing fixed income (approximately 62% U.S. bonds, 7% non-U.S. bonds), equities (13% U.S. stocks, 15% non-U.S. stocks), and cash. Designed for investors at or around age 60 who expect to turn 70 in or around 2015, the fund gradually shifts toward income generation and ultimately merges with the Fidelity Managed Retirement Income Fund (FIRMX). Fidelity Investments, the fund family sponsor and manager headquartered in Boston, Massachusetts since its founding in 1946 by Edward C. Johnson II, offers these products as part of its broader retirement solutions targeting individual and institutional investors planning for retirement. The Fidelity Managed Retirement Funds series operates primarily in the United States, with global asset exposure through underlying funds; FCRSX shares no front-end or deferred loads, maintains a net expense ratio around 0.46%, and supports no minimum initial investment. In recent developments, Fidelity Investments has pursued multiple fund mergers and strategic enhancements as of 2025, including equity fund consolidations (such as Advisor funds into retail counterparts) approved by boards in June-July 2025 and completed through September, alongside sector fund reorganizations like those for Select Energy and Technology Portfolios. The firm expanded its retirement offerings with launches like Fidelity Crypto for IRAs and new ETFs (Fidelity Municipal Bond Opportunities ETF, Fidelity Systematic Municipal Bond Index ETF, Fidelity Managed Futures ETF) in Q2 2025, growing exchange-traded assets to $125.9 billion; additionally, RIA M&A activity intensified with 16 new buyers entering the market in 2025. No specific mergers or closures directly impact FCRSX, which remains open with ongoing portfolio management by professionals including Andrew Dierdorf and Brett Sumsion.