FIRVX Performance — Fidelity Managed Retirement 2020 Fund
Data updated: 2026-06-26
FIRVX returned +3.65% year to date and +13.62% over one year to Apr 2026. Annualised returns are +8.99% over 3 years and +3.79% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $129, against $149 for the category, and to $114 over one year, against $122. Volatility over the past three years was 6.88% a year. In the 12 months to Apr 2026 the fund lost a net $1.3M, and assets reached $8.79M.
FIRVX Growth of $100
What $100 invested in Fidelity Managed Retirement 2020 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FIRVX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $114 | $122 |
| 3 years (May 2023 – Apr 2026) | $129 | $149 |
| 5 years (May 2021 – Apr 2026) | $120 | $141 |
| Since data start (Aug 2019 – Apr 2026) | $147 | $181 |
FIRVX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.65% |
| 1 year | +13.62% |
| 3 years (annualised) | +8.99% |
| 5 years (annualised) | +3.79% |
FIRVX Annual Returns
Calendar-year total returns of Fidelity Managed Retirement 2020 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Apr) | +3.65% |
| 2025 | +12.26% |
| 2024 | +5.86% |
| 2023 | +10.71% |
| 2022 | −14.63% |
| 2021 | +6.78% |
| 2020 | +12.07% |
| 2019 (Aug–Dec) | +5.34% |
FIRVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.6% | +1.8% | −3.2% | +3.6% | — | — | — | — | — | — | — | — |
| 2025 | +1.7% | +1.2% | −1.0% | +0.5% | +1.6% | +2.4% | +0.2% | +1.6% | +1.8% | +1.0% | +0.3% | +0.4% |
| 2024 | −0.2% | +0.9% | +1.8% | −2.5% | +2.5% | +0.9% | +2.0% | +1.5% | +1.7% | −2.3% | +1.7% | −2.1% |
| 2023 | +4.9% | −2.6% | +2.4% | +0.7% | −1.1% | +1.8% | +1.3% | −1.6% | −2.9% | −1.9% | +5.6% | +4.1% |
| 2022 | −2.7% | −1.7% | −1.0% | −4.8% | +0.2% | −4.6% | +4.0% | −2.9% | −6.4% | +1.4% | +5.5% | −2.1% |
| 2021 | −0.1% | +0.8% | +0.3% | +2.2% | +1.0% | +0.8% | +0.5% | +0.9% | −1.9% | +2.1% | −1.2% | +1.3% |
| 2020 | −0.2% | −2.4% | −7.4% | +5.2% | +2.7% | +2.1% | +3.2% | +2.3% | −1.2% | −0.9% | +6.1% | +2.7% |
| 2019 | — | — | — | — | — | — | — | +0.1% | +0.5% | +1.5% | +1.3% | +1.9% |
FIRVX Risk
Risk measures from monthly returns over May 2023 – Apr 2026.
- 3-year volatility (annualised): 6.88%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +5.61% (Nov 2023)
- Worst month: −3.25% (Mar 2026)
FIRVX Fund Flows
Monthly money in and out of Fidelity Managed Retirement 2020 Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.3M
- 12-month gross sales (incl. reinvestments): $2.6M
- Sales ÷ redemptions: 0.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2026 | $614K | $3.0M | −$2.4M |
| Mar 2026 | $836K | $33K | $803K |
| Feb 2026 | $29K | $61K | −$32K |
| Jan 2026 | $28K | $121K | −$93K |
| Dec 2025 | $184K | $103K | $81K |
| Nov 2025 | $51K | $48K | $4K |
| Oct 2025 | $250K | $105K | $145K |
| Sep 2025 | $69K | $65K | $3K |
| Aug 2025 | $73K | $100K | −$27K |
| Jul 2025 | $65K | $50K | $15K |
| Jun 2025 | $60K | $114K | −$54K |
| May 2025 | $346K | $149K | $198K |
FIRVX Assets Under Management
Net assets of Fidelity Managed Retirement 2020 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-04-30 | $8.79M |
| 2026-01-31 | $10.20M |
| 2025-10-31 | $10.15M |
| 2025-07-31 | $9.65M |
| 2025-04-30 | $9.14M |
| 2025-01-31 | $8.58M |
| 2024-10-31 | $8.52M |
| 2024-07-31 | $8.37M |
| 2024-04-30 | $8.32M |
| 2024-01-31 | $8.98M |
| 2023-10-31 | $8.30M |
| 2023-07-31 | $8.75M |
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.