FMRYX

About FMRYX

Fidelity Advisor Managed Retirement 2035 Fund: Class I is a target-date mutual fund designed to serve investors planning to retire around the year 2035. Its primary function is to balance growth and income as the target date approaches, aiming for total return through a mix of current income and capital appreciation. The fund achieves this by diversifying across a broad allocation of underlying Fidelity funds, which include U.S. and international equities, government and corporate bonds, and inflation-protected securities. This approach is intended to provide a gradually shifting risk profile, growing more conservative as the expected retirement date nears. Managed by experienced professionals, Fidelity Advisor Managed Retirement 2035 Fund: Class I typically holds around 32 underlying funds, with significant weighting to both equity and fixed-income instruments. It features a competitive expense ratio and monthly income distributions, making it well-suited for retirement-oriented withdrawal strategies. With its structured glide path and emphasis on broad diversification, the fund plays a critical role in retirement planning by helping investors accumulate assets during their working years and transition smoothly into retirement income needs.