Fidelity Income Replacement 2028 Fund

Scorecard
3 / 5 Stars
Lipper
4 4 4 3 4
Zacks Investment Research
3 (Hold)
Standard & Poor's
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TheStreet.com
C (Hold)

U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 13.05 percent over the past year, 7.54 percent over the past three years, and 14.63 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.7%
1 Year 13.0%
3 Years (Annualized) 7.5%
5 Years (Annualized) 14.6%
10 Years (Annualized) N/A

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Summary

The investment seeks total return through a combination of current income and capital growth. The fund invests in a combination of underlying Fidelity equity funds, bond funds, and short-term funds using an asset allocation strategy designed to achieve a level of total return consistent with a payment strategy to be administered through the fund's horizon date, December 31, 2028. It allocates assets among underlying Fidelity Funds according to an asset allocation strategy that begins with a relatively more aggressive asset allocation and gradually shifts to a relatively more conservative asset allocation over the fund's time horizon.

Fees

Fees are Average compared to funds in the same category.
Fidelity Income Replacement 2028 Fund has an expense ratio of 0.25 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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