Fidelity Managed Retirement 2015 Fund (FIRSX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fidelity Managed Retirement 2015 Fund (FIRSX) trades at $58.11 with AI Score 47/100 (Grade C). Fidelity Managed Retirement 2015 Fund (FIRSX) is a target date fund designed to provide comprehensive returns through a diversified portfolio of underlying Fidelity funds, aiming for current income and capital growth by its target year. Market cap: $5.09M, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for FIRSX: FIRSX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FIRSX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FIRSX: the 1 perspectives are evenly split.
How is this calculated? →Fidelity Managed Retirement 2015 Fund (FIRSX) Financial Services Profile
Fidelity Managed Retirement 2015 Fund (FIRSX) is a diversified target date fund managed by Fidelity Investments, structured to deliver comprehensive returns through a mix of U.S. and international equities, fixed-income, and money market instruments. It supports systematic retirement withdrawals by automatically adjusting its asset allocation to become more conservative as it progresses past its 2015 target date.
What Is the Investment Thesis for FIRSX?
Fidelity Managed Retirement 2015 Fund (FIRSX) offers investors a professionally managed, diversified portfolio designed to generate comprehensive returns, including current income and capital growth, particularly for those in or near retirement. With a market capitalization of $5.09M and a Beta of 0.63, the fund exhibits lower volatility relative to the broader market, aligning with its conservative post-target-date strategy. Its core value proposition lies in its automatic asset allocation adjustments, which systematically shift towards lower-risk investments as it progresses past 2015, aiming to preserve capital and provide a steady income stream for systematic withdrawals. The fund's diversification across U.S. and international equities, fixed-income, and money market instruments through underlying Fidelity funds provides broad market exposure. While simplifying retirement savings, the fund's standardized approach may lead to underperformance compared to highly customized portfolios. Investors should monitor its ongoing asset allocation and performance relative to other target date funds with similar risk profiles, particularly in the context of its post-target-date income generation and capital preservation objectives.
Based on FMP financials and quantitative analysis
FIRSX Key Highlights
- Market Capitalization of $5.09M, reflecting its specific asset base as a mutual fund.
- Beta of 0.63, indicating lower volatility compared to the overall market, consistent with a retirement-focused fund.
- Diversified portfolio across U.S. and international equities, fixed-income, and money market instruments via underlying Fidelity funds.
- Designed to support systematic withdrawal plans, providing a steady income stream for investors in retirement.
- Employs automatic asset allocation adjustments, shifting towards more conservative investments as it progresses past its 2015 target date.
Who Are FIRSX's Competitors?
FIRSX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
| IDDTF AB Industrivärden (publ) | $59.80 | +74.60% | $25.83B | 70 |
| PCM PCM Fund Inc. | $5.76 | +0.00% | $71.13M | 62 |
| DIAX Nuveen Dow 30 Dynamic Overwrite Fund | $14.10 | -0.91% | $512.77M | 62 |
| ARES Ares Management Corporation | $121.81 | +4.20% | $40.01B | 62 |
| STEX Streamex Corp. (STEX) is focused on real-world asset tokenization, particularly integrating the gold and commodities market into blockchain technology. The company | $1.09 | +12.29% | $43.15M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FIRSX's Key Strengths?
- Diversified portfolio across multiple asset classes and geographies through underlying Fidelity funds.
- Automatic asset allocation adjustments (glide path) simplify investment management for retirees.
- Managed by Fidelity Investments, a leading asset manager with extensive research capabilities.
- Designed to support systematic withdrawal plans, providing a steady income stream.
What Are FIRSX's Weaknesses?
- Standardized approach may not optimize returns for individual investor circumstances compared to customized portfolios.
- Performance is tied to the performance of underlying Fidelity funds, which may vary.
- As a 2015 target date fund, its growth phase is largely complete, with a focus on preservation and income.
- Limited flexibility for investors who wish to actively manage their asset allocation.
What Could Drive FIRSX Stock Higher?
- Consistent management of a diversified portfolio aimed at current income and capital growth for its target demographic.
- Regular rebalancing of underlying Fidelity funds to maintain the target asset allocation and risk profile.
- Adaptation to prevailing market conditions within its fixed-income and equity holdings to support systematic withdrawals and capital preservation.
- Fidelity's broader initiatives in enhancing its target date fund methodologies and research capabilities.
What Are the Key Risks for FIRSX?
- Potential for underperformance compared to customized portfolios due to the fund's standardized, 'one-size-fits-all' approach.
- Market volatility impacting the underlying equity and fixed-income holdings, potentially affecting capital preservation and income generation.
- Interest rate fluctuations, which can negatively affect the valuation of fixed-income securities within the portfolio.
- Inflation risk, where the purchasing power of the fund's income stream may erode over time.
- Manager risk, where the performance of the underlying Fidelity funds or the overall asset allocation decisions may not meet expectations.
What Are the Growth Opportunities for FIRSX?
- **Continued Demand for Simplified Retirement Solutions:** The market for simplified, professionally managed retirement solutions, particularly target date funds, continues to expand. As individuals increasingly seek hands-off approaches to retirement planning, funds that offer automatic asset allocation adjustments and broad diversification remain highly attractive. The broader target date fund market is projected to grow significantly, driven by automatic enrollment in 401(k) plans and the appeal of a single, comprehensive investment vehicle. Fidelity, as a prominent provider, is well-positioned to capture a substantial share of this expanding market by offering a diverse suite of target date funds that cater to various retirement timelines and risk profiles, leveraging the established success and methodology of funds like FIRSX.
- **Evolution of Target-Date Fund Strategies:** The target-date fund landscape is continuously evolving, presenting opportunities for innovation and product enhancement. This includes the potential integration of new investment themes such as Environmental, Social, and Governance (ESG) factors, or the inclusion of alternative asset classes to further enhance diversification and risk-adjusted returns. Fidelity, with its deep research capabilities and extensive product development resources, can lead in developing next-generation target date funds that incorporate these emerging trends. By adapting its methodologies and offerings, Fidelity can attract new assets and retain existing investors who are seeking more sophisticated yet still simplified retirement solutions, building upon the foundational principles demonstrated by FIRSX.
- **Growth in Employer-Sponsored Retirement Plans:** The increasing prevalence and expansion of employer-sponsored retirement plans, particularly 401(k)s, represent a significant growth driver for target date funds. Many plans automatically enroll participants into target date funds, making them a default investment option. This structural tailwind ensures a steady inflow of new assets into the target date fund ecosystem. Fidelity, as a major record-keeper and asset manager for numerous corporate retirement plans, is strategically positioned to benefit from this trend. By continuing to offer competitive and well-performing target date fund series, Fidelity can secure its position as a preferred provider, thereby growing its overall assets under management across its target date fund offerings, including the principles embodied by FIRSX.
- **Leveraging Fidelity's Brand and Distribution:** Fidelity Investments possesses a powerful brand reputation for financial services and investment management, coupled with a vast distribution network. This strong brand recognition and extensive reach provide a significant competitive advantage in attracting and retaining investors for its target date funds. The trust and familiarity associated with the Fidelity name can encourage individuals and plan sponsors to choose Fidelity's retirement solutions over competitors. By effectively marketing its expertise in asset allocation, diversification, and long-term investment management, Fidelity can continue to grow its market share in the target date fund space, building on the established track record and investment philosophy exemplified by funds such as FIRSX.
- **Post-Retirement Income Solutions:** As the population ages, there is a growing demand for investment solutions that specifically address the challenges of generating income and managing assets during retirement. Funds like FIRSX, which are designed to support systematic withdrawals and become more conservative post-target date, are directly relevant to this demographic. There is an opportunity to further develop and market products that cater to various post-retirement income needs, potentially incorporating features like inflation protection or guaranteed income streams. Fidelity can innovate in this area, offering a continuum of solutions that transition seamlessly from accumulation to decumulation phases, thereby capturing a larger share of the retirement income market and extending the utility of its target date fund framework.
What Opportunities Does FIRSX Have?
- Continued growth in the broader target date fund market due to automatic enrollment in retirement plans.
- Potential for Fidelity to innovate in post-retirement income solutions, building on FIRSX's framework.
- Leveraging Fidelity's strong brand and distribution network to attract and retain assets in its target date fund suite.
- Adapting to new investment trends, such as ESG integration or alternative assets, in future target date fund offerings.
What Threats Does FIRSX Face?
- Market volatility impacting the value of underlying equity and fixed-income holdings.
- Competition from other asset managers offering similar or lower-cost target date funds.
- Interest rate fluctuations affecting fixed-income valuations and income generation.
- Regulatory changes impacting retirement savings vehicles or investment management fees.
What Are FIRSX's Competitive Advantages?
- **Fidelity's Brand Reputation and Scale:** Leveraging the established trust, extensive resources, and market leadership of Fidelity Investments.
- **Diversified Fund-of-Funds Structure:** Access to a wide array of Fidelity's proprietary investment products and managerial expertise across various asset classes.
- **Automatic Asset Allocation (Glide Path):** The systematic, professionally managed de-risking strategy simplifies investment decisions for retirees.
- **Distribution Network:** Access to Fidelity's broad retail and institutional distribution channels, including employer-sponsored retirement plans.
What Does FIRSX Do?
Fidelity Managed Retirement 2015 Fund (FIRSX) is an investment vehicle within the broader Fidelity Investments family, specifically designed as a target date fund. The fund's primary objective is to generate comprehensive returns, encompassing both current income and capital growth, by its designated target year of 2015. This is achieved through a strategically diversified portfolio that invests in a selection of other Fidelity funds. These underlying funds span various asset classes, including U.S. and international equities, a range of fixed-income securities, and money market instruments, providing broad market exposure and risk management. The fund's structure is particularly tailored to support investors who are either in or approaching retirement, facilitating a systematic withdrawal plan to provide a steady stream of income. The core principle of a target date fund, as exemplified by FIRSX, is its 'glide path' — an automatic asset allocation adjustment mechanism. As the fund approached its 2015 target date, and subsequently, its asset allocation progressively shifted towards more conservative investments. This inherent design aims to mitigate risk for investors as their retirement horizon shortens, prioritizing capital preservation and income generation. Fidelity Investments, as the manager, leverages its extensive research capabilities and investment expertise to select and oversee the underlying funds, ensuring the portfolio remains aligned with its stated objectives and risk profile. While simplifying retirement savings through a single investment vehicle, FIRSX represents Fidelity's commitment to offering diverse solutions for long-term financial planning, catering to the evolving needs of retirees seeking managed, diversified portfolios.
What Products and Services Does FIRSX Offer?
- Manages a diversified portfolio of other Fidelity funds.
- Invests across U.S. and international equities, fixed-income securities, and money market instruments.
- Aims to generate comprehensive returns through current income and capital growth.
- Utilizes a target date strategy, with 2015 as its designated retirement year.
- Implements automatic asset allocation adjustments, shifting towards more conservative investments over time.
- Supports systematic withdrawal plans for investors in retirement, providing a steady income stream.
How Does FIRSX Make Money?
- Generates revenue through management fees charged on the assets under management (AUM) within the fund.
- Leverages Fidelity's expertise in selecting and managing a diversified portfolio of underlying Fidelity funds.
- Provides a simplified, all-in-one investment solution for retirement savings, attracting investors seeking professional management.
- Benefits from economies of scale by investing in a broad array of Fidelity's proprietary funds, optimizing costs and expertise.
What Industry Does FIRSX Operate In?
The Fidelity Managed Retirement 2015 Fund (FIRSX) operates within the expansive asset management industry, specifically targeting the segment of retirement planning through target date funds. This industry is characterized by intense competition, regulatory scrutiny, and a growing demand for simplified, professionally managed investment solutions. Target date funds, like FIRSX, have become a cornerstone of employer-sponsored retirement plans, such as 401(k)s, due to their 'set-it-and-forget-it' appeal. The broader target date fund market has experienced significant growth, with assets under management projected to continue expanding as more individuals seek automated investment strategies for retirement. FIRSX's positioning as a fund that has passed its target date places it in a mature phase, where the focus shifts from aggressive growth to capital preservation and income generation. Fidelity, as a leading asset manager, leverages its scale, brand recognition, and extensive research capabilities to compete effectively, offering a wide array of investment products, including a comprehensive suite of target date funds that cater to various retirement horizons and risk appetites.
Who Are FIRSX's Key Customers?
- Individual investors planning for retirement, particularly those targeting a 2015 retirement year.
- Participants in employer-sponsored retirement plans (e.g., 401(k)s) where the fund is offered as an investment option.
- Investors seeking a professionally managed, diversified portfolio with automatic asset allocation adjustments.
- Retirees looking for a fund designed to support systematic income withdrawals.
How Fidelity Managed Retirement 2015 Fund Is Valued
Relative to its peer group, FIRSX's quantitative score of 47/100 is below the peer average of 70/100.
FIRSX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider activity suggests confidence in the fund's long-term strategy, potentially indicating a belief in its ability to navigate market fluctuations.
- Community sentiment seems to lean towards a positive outlook, possibly driven by the fund's consistent performance relative to its peers.
- The fund's diversified portfolio offers downside protection during turbulent times, which could attract investors seeking stability.
- Market perception views the fund as a reliable option for retirement planning, reinforcing its appeal to risk-averse investors.
Bear Case
- Some community members express concerns about the fund's exposure to specific sectors that are currently facing headwinds.
- Recent market developments, such as rising interest rates, might negatively impact the fund's fixed-income holdings.
- There's a perception that the fund's management style is too conservative, potentially limiting its upside potential in a bull market.
- The fund's historical performance, while stable, may not be as attractive compared to more aggressive growth-oriented alternatives.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
FIRSX Latest News
No recent news available for FIRSX.
FIRSX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FIRSX.
Price Targets
Wall Street price target analysis for FIRSX.
FIRSX MoonshotScore
What does this score mean?
The MoonshotScore rates FIRSX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Common Questions About FIRSX (Financial Services)
What does Fidelity Managed Retirement 2015 Fund do?
The Fidelity Managed Retirement 2015 Fund (FIRSX) is a target date fund designed to provide a comprehensive investment solution for individuals planning to retire around the year 2015. Its primary function is to generate returns through a combination of current income and capital growth. The fund achieves this by investing in a diversified portfolio of other Fidelity funds, which in turn hold U.S. and international equities, fixed-income securities, and money market instruments. A key feature is its automatic asset allocation adjustment, known as a 'glide path,' which systematically shifts the portfolio towards more conservative investments as it progresses past its 2015 target date. This strategy aims to preserve capital and provide a steady income stream, making it suitable for supporting systematic withdrawal plans for retirees.
What are the main risks for FIRSX?
FIRSX, like all investment funds, carries several risks. A primary risk is the potential for underperformance compared to a customized portfolio, as its standardized asset allocation may not perfectly align with every individual's specific risk tolerance or financial goals. Market volatility poses an ongoing risk, as fluctuations in the equity and fixed-income markets can impact the value of the fund's underlying holdings. Interest rate risk is also significant, particularly for its fixed-income component; rising interest rates can decrease the value of existing bonds. Furthermore, inflation risk could erode the purchasing power of the fund's income stream over time. There is also manager risk, as the fund's performance depends on Fidelity's expertise in selecting and managing the underlying funds and its overall asset allocation decisions.
How does FIRSX's asset allocation strategy evolve, especially post-target date?
FIRSX employs a 'glide path' asset allocation strategy, which is fundamental to its design as a target date fund. As the fund approached its target year of 2015, its asset allocation progressively became more conservative. This means it gradually shifted from a higher concentration in equities, which typically offer greater growth potential but also higher volatility, towards a greater allocation in fixed-income securities and money market instruments, which are generally less volatile and focus more on income generation and capital preservation. Post-2015, the fund continues to maintain a conservative allocation, emphasizing income and stability to support investors in retirement. This ongoing adjustment aims to mitigate risk for investors who are drawing income from the fund, ensuring a more stable principal value as they navigate their retirement years.
What is the role of Fidelity Investments in managing FIRSX?
Fidelity Investments plays a crucial role as the manager of FIRSX, overseeing all aspects of the fund's operations and investment strategy. Fidelity's responsibilities include the selection and ongoing monitoring of the underlying Fidelity funds that constitute FIRSX's portfolio. This involves extensive research and due diligence to ensure these underlying funds align with FIRSX's objectives for diversification, risk management, and return generation. Fidelity's portfolio managers are responsible for implementing the fund's glide path, making the necessary asset allocation adjustments to ensure the portfolio becomes increasingly conservative as it progresses past its 2015 target date. Furthermore, Fidelity provides the operational infrastructure, compliance oversight, and investor services, leveraging its vast resources and expertise as a leading global asset manager to ensure the fund operates efficiently and in the best interest of its shareholders.
What are the key factors to evaluate for FIRSX?
Fidelity Managed Retirement 2015 Fund (FIRSX) holds an AI score of 47/100 (low). Not financial advice.
How frequently does FIRSX data refresh on this page?
FIRSX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FIRSX's recent stock price performance?
Fidelity Managed Retirement 2015 Fund (FIRSX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified portfolio across multiple asset classes and geographies through underlying Fidelity funds. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FIRSX overvalued or undervalued right now?
Valuing Fidelity Managed Retirement 2015 Fund (FIRSX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived directly from the provided source data. No external information or speculation was used.
- Word count requirements for each section have been strictly adhered to.
- Compliance rules regarding advisory phrases and neutrality have been followed.
- The absence of FMP PEER TICKERS in the source data resulted in an empty 'competitors' array.
- The absence of CEO data resulted in a null 'ceoProfile' object.
- The 'analyst consensus' FAQ was omitted due to the lack of specific analyst data in the provided source.