FRQAX Fees and Costs — Fidelity Managed Retirement 2010 Fund, Class A
Data updated: 2026-06-26
The net expense ratio is 0.70%: a 0.45% 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 59%.
FRQAX Fees and Expenses
Annual operating expenses and sales charges of FRQAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
FRQAX Costs Over Time
On $10,000 invested in FRQAX, assuming 5% a year before costs, total costs come to $1,149 over 5 years, cutting the return by 1.96% 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 0.70%) | $69 | $217 | $377 |
| Lost growth on money paid in costs | $29 | $101 | $197 |
| Total costs | $673 | $893 | $1,149 |
| Value after costs | $9,827 | $10,683 | $11,614 |
| Impact on return, per year | 6.73% | 2.77% | 1.96% |
FRQAX 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): 59%
- Securities lending: none during the year
Fidelity Managed Retirement 2010 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FRQHX | Class K6 | 0.25% | — |
| FRQKX | Class K | 0.35% | — |
| FIRQX | Fidelity Managed Retirement 2010 Fund | 0.45% | — |
| FRQIX | Class I | 0.45% | none |
| FRQAX | Class A | 0.70% | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.