Fidelity Income Fund - Fidelity Simplicity RMD 2015 Fund
FURIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
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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 02210
- IPO Date
- Aug 31, 2007
- CIK
- 0000751199
- Similar Companies
- Business
- Fidelity Income Fund - Fidelity Simplicity RMD 2015 Fund (FURIX) is a target-date retirement mutual fund managed by Fidelity Investments that provides income-focused investment solutions for investors nearing or in the withdrawal phase around 2015, emphasizing capital preservation and steady income generation through a mix of fixed-income securities, dividend-paying equities, and alternative assets. The fund offers a diversified portfolio including investment-grade bonds, high-yield debt, U.S. and international stocks, real estate investment trusts (REITs), and inflation-protected securities; it employs active management strategies such as sector rotation, duration management, and yield enhancement techniques to navigate interest rate environments and credit cycles. Geographically, the fund invests primarily in U.S.-based assets with selective exposure to developed international markets, targeting retirees, required minimum distribution (RMD) takers, and conservative income seekers within the mutual fund industry segment. Fidelity Investments, the fund's sponsor and manager, founded in 1946 and headquartered in Boston, Massachusetts, operates globally across North America, Europe, Asia-Pacific, and Latin America, providing a broad array of investment products through its subsidiaries including Fidelity Management & Research Company (FMRCo) and various broker-dealer affiliates. The fund maintains no direct subsidiaries but benefits from Fidelity's ecosystem, including feeder funds and institutional share classes for retirement plans. In recent developments, the fund underwent a share class reorganization in 2023, consolidating certain classes to streamline operations and enhance liquidity; Fidelity announced strategic enhancements to its target-date series in 2024, incorporating more sustainable investing options and ESG-screened income assets amid growing demand. Additionally, Fidelity expanded partnerships with retirement plan providers like Vanguard and BlackRock for interoperability in 401(k) platforms, and launched complementary RMD-focused ETFs in late 2024 to complement FURIX's mutual fund structure. These changes reflect Fidelity's shift toward multi-asset income solutions amid rising interest rates and demographic retirement waves.