Fidelity Managed Retirement 2005 Fund
FIROX
NASDAQ- -
USD
- -
- -
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
FRC
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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
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Aug 31, 2007
- CIK
- 0000751199
- Similar Companies
- Business
- Fidelity Managed Retirement 2005 Fund (FIROX) is an actively managed target-date mutual fund offered by Fidelity Investments that seeks total return until its horizon date around 2005 through a combination of current income and capital growth, transitioning thereafter to emphasize high current income and capital preservation by investing primarily in a diversified portfolio of underlying Fidelity mutual funds and exchange-traded funds (ETFs). The fund allocates assets across U.S. equity funds, international equity funds, fixed-income funds including high-yield debt, floating-rate debt, inflation-protected securities, and short-term funds, with allocations becoming increasingly conservative as the target date approaches and passes; longer-horizon funds favor equities while those near or past the target emphasize bonds and cash equivalents. Core holdings include Fidelity equity series, fixed-income series such as Series Investment Grade Bond, Series Inflation-Protected Bond Index, Series High Income, and Series Floating Rate High Income, alongside short-term and money market components. Part of Fidelity's Managed Retirement Fund series within the Target-Date 2000-2010 category, FIROX targets investors nearing or in retirement, particularly those planning retirement around 2005, serving individual and institutional clients through retirement plans, brokerage accounts, and advisory platforms. The fund operates globally through its underlying investments, with primary exposure to U.S. and international markets, and is available to investors in the United States. Fidelity Investments, the fund's sponsor, was originally established in 1946 and is headquartered in Boston, Massachusetts; the specific FIROX share class has an inception date of August 30, 2007. In a significant reorganization on July 17, 2020, the original Fidelity Managed Retirement 2005 Fund merged tax-free into the Fidelity Managed Retirement Income Fund, with assets transferred and shares exchanged at ratios such as 99.282978% for Class I shares, 99.200543% for Class A shares, and 99.148316% for Retail Class shares, reflecting no major changes to the investment strategy post-merger. No additional acquisitions, partnerships, funding rounds, new product launches, or strategic shifts specific to FIROX have been reported in the last 1-2 years, though Fidelity Investments continues to evolve its broader target-date offerings, including glide path updates for sustainable target-date funds in October 2025. The fund maintains its focus on retirement income solutions without recent name changes or operational reorganizations.