Fidelity Managed Retirement Funds - Fidelity Managed Retirement 2025 Fund
FITTX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Dec 31, 2007
- CIK
- 0000751199
- Similar Companies
- Business
- Fidelity Managed Retirement Funds, offered by Fidelity Investments, provide a series of actively managed target-date mutual funds designed for investors planning retirement, with the Fidelity Managed Retirement 2025 Fund (FITTX) targeting those expecting to retire around 2025. The funds invest in a diversified portfolio of underlying Fidelity mutual funds, including U.S. equity funds, international equity funds, fixed-income funds, and short-term funds; allocation becomes progressively more conservative as the target date approaches, emphasizing high current income and secondary capital appreciation through a blend of stocks and bonds. Core offerings span multiple vintages from 2000 to 2065 plus an income fund, catering to retirement savers in 401(k)s, IRAs, and other accounts with professional asset management and no automatic liquidation upon horizon. Headquartered in Boston, Massachusetts, and founded in 1946, Fidelity Investments operates globally, managing these funds primarily for U.S. individual and institutional investors alongside its broader brokerage, retirement services, wealth management, and mutual fund distribution businesses. The Managed Retirement Funds target retail and workplace retirement plans, focusing on long-term growth transitioning to income generation. In recent developments, Fidelity Investments reported record-high average retirement account balances in Q3 2025 across 401(k), IRA, and 403(b) plans, reflecting strong market performance and savings trends supportive of funds like FITTX. The firm has facilitated heightened M&A activity in the RIA space, noting 89% of 2024 deals influenced by private equity and a record pace in H1 2025 with over 100 transactions, enhancing ecosystem partnerships for retirement product distribution. No major fund-specific acquisitions, launches, or strategic shifts for the Fidelity Managed Retirement series were announced in 2024-2025, maintaining steady operations amid Fidelity's broader innovations in managed accounts and sustainable investing.