FARFX Fees and Costs — Fidelity Managed Retirement 2025 Fund, Class A
Data updated: 2026-06-26
The net expense ratio is 0.72%: a 0.47% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 45%.
FARFX Fees and Expenses
Annual operating expenses and sales charges of FARFX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FARFX Costs Over Time
On $10,000 invested in FARFX, assuming 5% a year before costs, total costs come to $1,161 over 5 years, cutting the return by 1.98% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.72%) | $71 | $223 | $388 |
| Lost growth on money paid in costs | $29 | $102 | $198 |
| Total costs | $675 | $900 | $1,161 |
| Value after costs | $9,825 | $10,677 | $11,602 |
| Impact on return, per year | 6.75% | 2.79% | 1.98% |
FARFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
Fidelity Managed Retirement 2025 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FHRFX | Class K6 | 0.27% | — |
| FKRFX | Class K | 0.37% | — |
| FIRFX | Class I | 0.47% | none |
| FIXRX | Fidelity Managed Retirement 2025 Fund | 0.47% | — |
| FARFX | Class A | 0.72% | 5.75% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.