FRASX Performance — Fidelity Managed Retirement 2015 Fund, Class I
Data updated: 2026-06-26
FRASX returned +3.12% year to date and +11.69% over one year to Apr 2026. Annualised returns are +8.01% over 3 years and +3.29% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $126, against $149 for the category, and to $112 over one year, against $122. Volatility over the past three years was 6.16% a year. In the 12 months to Apr 2026 the fund lost a net $111K, and assets reached $5.69M.
FRASX Growth of $100
What $100 invested in Fidelity Managed Retirement 2015 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FRASX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $112 | $122 |
| 3 years (May 2023 – Apr 2026) | $126 | $149 |
| 5 years (May 2021 – Apr 2026) | $118 | $141 |
| Since data start (Aug 2019 – Apr 2026) | $140 | $181 |
FRASX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.12% |
| 1 year | +11.69% |
| 3 years (annualised) | +8.01% |
| 5 years (annualised) | +3.29% |
FRASX Annual Returns
Calendar-year total returns of Fidelity Managed Retirement 2015 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Apr) | +3.12% |
| 2025 | +11.16% |
| 2024 | +5.15% |
| 2023 | +9.61% |
| 2022 | −13.52% |
| 2021 | +5.33% |
| 2020 | +10.88% |
| 2019 (Aug–Dec) | +4.65% |
FRASX 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 | +1.3% | +1.7% | −2.8% | +3.0% | — | — | — | — | — | — | — | — |
| 2025 | +1.5% | +1.3% | −0.7% | +0.6% | +1.2% | +2.2% | +0.1% | +1.5% | +1.6% | +0.8% | +0.3% | +0.3% |
| 2024 | −0.2% | +0.5% | +1.6% | −2.2% | +2.2% | +0.9% | +1.9% | +1.4% | +1.6% | −2.1% | +1.5% | −1.9% |
| 2023 | +4.4% | −2.4% | +2.3% | +0.6% | −1.1% | +1.4% | +1.1% | −1.4% | −2.6% | −1.7% | +5.1% | +3.8% |
| 2022 | −2.3% | −1.5% | −1.1% | −4.3% | +0.3% | −4.0% | +3.5% | −2.7% | −5.8% | +1.0% | +5.0% | −1.8% |
| 2021 | −0.1% | +0.5% | +0.1% | +1.9% | +0.9% | +0.8% | +0.5% | +0.7% | −1.6% | +1.7% | −1.0% | +1.0% |
| 2020 | 0.0% | −1.8% | −6.2% | +4.4% | +2.3% | +1.9% | +2.8% | +1.8% | −1.0% | −0.7% | +5.1% | +2.3% |
| 2019 | — | — | — | — | — | — | — | +0.4% | +0.3% | +1.3% | +1.0% | +1.6% |
FRASX Risk
Risk measures from monthly returns over May 2023 – Apr 2026.
- 3-year volatility (annualised): 6.16%
- 3-year Sharpe ratio: 0.57 (vs 4.5% risk-free rate)
- Best month: +5.12% (Nov 2023)
- Worst month: −2.82% (Mar 2026)
FRASX Fund Flows
Monthly money in and out of Fidelity Managed Retirement 2015 Fund, from SEC Form N-PORT.
- 12-month net flow: −$111K
- 12-month gross sales (incl. reinvestments): $1.1M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2026 | $617K | $135K | $482K |
| Mar 2026 | $10K | $124K | −$114K |
| Feb 2026 | $8K | $73K | −$65K |
| Jan 2026 | $22K | $155K | −$133K |
| Dec 2025 | $84K | $35K | $50K |
| Nov 2025 | $23K | $25K | −$1K |
| Oct 2025 | $9K | $13K | −$4K |
| Sep 2025 | $46K | $21K | $25K |
| Aug 2025 | $126K | $18K | $108K |
| Jul 2025 | $42K | $465K | −$423K |
| Jun 2025 | $80K | $34K | $47K |
| May 2025 | $72K | $154K | −$82K |
FRASX Assets Under Management
Net assets of Fidelity Managed Retirement 2015 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-04-30 | $5.69M |
| 2026-01-31 | $5.30M |
| 2025-10-31 | $5.37M |
| 2025-07-31 | $5.06M |
| 2025-04-30 | $5.36M |
| 2025-01-31 | $5.27M |
| 2024-10-31 | $5.43M |
| 2024-07-31 | $5.48M |
| 2024-04-30 | $5.66M |
| 2024-01-31 | $5.72M |
| 2023-10-31 | $5.50M |
| 2023-07-31 | $6.35M |
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.