Fidelity Managed Retirement 2015 Fund (FIRSX)

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Fidelity Managed Retirement 2015 Fund (FIRSX) is up 4.5% since the beginning of the year. FIRSX is currently trading at $58 per share. Investors who bought $1,000 worth of FIRSX shares 5 years ago would now be looking at an investment worth $1,177.

Fidelity Managed Retirement 2015 Fund (FIRSX) has returned 4.52% so far this year and 11.78% over the past 12 months. Over the last ten years, FIRSX has returned 5.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Aug 30, 2007, FIRSX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +7.6%, while the worst month was Oct 2008 at -13.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FIRSX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +6.8%, while the worst single day was Oct 15, 2008 at -5.8%.

Fidelity Managed Retirement 2015 Fund has an annualized alpha of 0.73%, beta of 0.45, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since August 31, 2007.

• This fund participated in 57.91% of S&P 500 Index downside but only 49.02% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.45 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

FIRSX has an expense ratio of 0.46%, placing it in the medium range.

FIRSX ranks 70 for risk / return — better than 70% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity Managed Retirement 2015 Fund (FIRSX) and compare them to S&P 500 Index.

Fidelity Managed Retirement 2015 Fund provided a 2.89% dividend yield over the last twelve months, with an annual payout of $1.69 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Managed Retirement 2015 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Managed Retirement 2015 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Managed Retirement 2015 Fund was 40.08%, occurring on Mar 9, 2009. Recovery took 457 trading sessions.

The chart below shows the rolling one-month volatility.