Fidelity Managed Retirement Income Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
3.7%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
N/A
Net Assets
$14.9 M
Holdings in Top 10
81.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRKMX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 0.85%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Managed Retirement Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateSep 24, 2019
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FRKMX - Performance
Return Ranking - Trailing
Period | FRKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -2.9% | 4.6% | 79.58% |
1 Yr | 3.7% | -2.7% | 8.4% | 75.92% |
3 Yr | -1.0%* | -6.6% | 2.8% | 70.21% |
5 Yr | N/A* | -4.8% | 4.8% | 72.67% |
10 Yr | N/A* | 1.3% | 4.8% | 40.78% |
* Annualized
Return Ranking - Calendar
Period | FRKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -9.8% | 12.8% | 62.63% |
2022 | -15.5% | -38.3% | -3.8% | 40.00% |
2021 | -0.8% | -9.1% | 10.3% | 46.28% |
2020 | 5.9% | -13.4% | 12.6% | 41.32% |
2019 | N/A | -1.1% | 13.9% | N/A |
Total Return Ranking - Trailing
Period | FRKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -2.9% | 4.6% | 79.58% |
1 Yr | 3.7% | -2.7% | 8.4% | 75.92% |
3 Yr | -1.0%* | -6.6% | 2.8% | 70.21% |
5 Yr | N/A* | -4.8% | 4.8% | 65.81% |
10 Yr | N/A* | 1.3% | 4.8% | 36.63% |
* Annualized
Total Return Ranking - Calendar
Period | FRKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.2% | -9.8% | 15.4% | 73.68% |
2022 | -11.6% | -16.9% | -2.9% | 45.26% |
2021 | 2.9% | -3.8% | 10.3% | 69.68% |
2020 | 8.7% | -13.4% | 16.6% | 69.46% |
2019 | N/A | 4.7% | 25.2% | N/A |
NAV & Total Return History
FRKMX - Holdings
Concentration Analysis
FRKMX | Category Low | Category High | FRKMX % Rank | |
---|---|---|---|---|
Net Assets | 14.9 M | 1.15 M | 36 B | 92.15% |
Number of Holdings | 33 | 2 | 1464 | 32.46% |
Net Assets in Top 10 | 12.1 M | 931 K | 36.5 B | 92.67% |
Weighting of Top 10 | 81.09% | 4.5% | 101.7% | 59.89% |
Top 10 Holdings
- Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund 20.05%
- Fidelity Series Investment Grade Bond Fund 12.60%
- Fidelity Series Government Bond Index Fund 12.40%
- Fidelity Series Corporate Bond Fund 8.50%
- Fidelity Series Investment Grade Securitized Fund 8.47%
- Fidelity Series Treasury Bill Index Fund 5.59%
- Fidelity Series Long-Term Treasury Bond Index Fund 4.02%
- Fidelity Series International Developed Markets Bond Index Fund 3.92%
- Fidelity Series Emerging Markets Opportunities Fund 3.74%
- Fidelity Series Government Money Market Fund 1.80%
Asset Allocation
Weighting | Return Low | Return High | FRKMX % Rank | |
---|---|---|---|---|
Stocks | 99.85% | 0.00% | 100.13% | 26.18% |
Convertible Bonds | 0.91% | 0.00% | 6.56% | 31.94% |
Cash | 0.15% | -24.70% | 53.61% | 76.44% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 45.03% |
Other | 0.00% | -0.07% | 5.62% | 55.50% |
Bonds | 0.00% | 0.00% | 109.30% | 75.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FRKMX % Rank | |
---|---|---|---|---|
Financial Services | 19.66% | 11.53% | 20.26% | 9.09% |
Technology | 17.20% | 16.20% | 25.61% | 83.12% |
Consumer Cyclical | 11.75% | 4.61% | 13.00% | 5.84% |
Industrials | 11.36% | 7.75% | 12.84% | 25.97% |
Healthcare | 9.50% | 6.38% | 14.87% | 88.31% |
Basic Materials | 7.81% | 2.71% | 8.17% | 9.74% |
Communication Services | 6.88% | 4.20% | 8.42% | 44.81% |
Consumer Defense | 5.82% | 4.27% | 8.57% | 72.08% |
Energy | 5.71% | 2.88% | 13.48% | 18.83% |
Real Estate | 2.25% | 1.86% | 19.30% | 84.42% |
Utilities | 2.07% | 1.85% | 8.79% | 88.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FRKMX % Rank | |
---|---|---|---|---|
US | 99.85% | 0.00% | 100.13% | 26.18% |
Non US | 0.00% | 0.00% | 17.40% | 51.31% |
FRKMX - Expenses
Operational Fees
FRKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | 0.06% | 13.37% | 66.32% |
Management Fee | 0.35% | 0.00% | 0.79% | 79.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | 8.82% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FRKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FRKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FRKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 121.26% | 52.80% |
FRKMX - Distributions
Dividend Yield Analysis
FRKMX | Category Low | Category High | FRKMX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.82% | 0.00% | 9.52% | 49.74% |
Dividend Distribution Analysis
FRKMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
FRKMX | Category Low | Category High | FRKMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.85% | -0.06% | 5.71% | 86.59% |
Capital Gain Distribution Analysis
FRKMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.084 | OrdinaryDividend |
Mar 04, 2024 | $0.082 | OrdinaryDividend |
Feb 05, 2024 | $0.063 | OrdinaryDividend |
Dec 29, 2023 | $0.758 | OrdinaryDividend |
Nov 06, 2023 | $0.093 | OrdinaryDividend |
Oct 09, 2023 | $0.117 | OrdinaryDividend |
Sep 11, 2023 | $0.085 | OrdinaryDividend |
Aug 07, 2023 | $0.087 | OrdinaryDividend |
Jul 10, 2023 | $0.086 | OrdinaryDividend |
Jun 05, 2023 | $0.082 | OrdinaryDividend |
May 08, 2023 | $0.101 | OrdinaryDividend |
Apr 06, 2023 | $0.089 | OrdinaryDividend |
Mar 06, 2023 | $0.047 | OrdinaryDividend |
Feb 06, 2023 | $0.049 | OrdinaryDividend |
Dec 30, 2022 | $0.934 | OrdinaryDividend |
Nov 07, 2022 | $0.055 | OrdinaryDividend |
Oct 10, 2022 | $0.506 | OrdinaryDividend |
Sep 06, 2022 | $0.052 | OrdinaryDividend |
Aug 08, 2022 | $0.054 | OrdinaryDividend |
Jul 05, 2022 | $0.044 | OrdinaryDividend |
Jun 06, 2022 | $0.033 | OrdinaryDividend |
May 09, 2022 | $0.041 | OrdinaryDividend |
Apr 04, 2022 | $0.030 | OrdinaryDividend |
Mar 07, 2022 | $0.015 | OrdinaryDividend |
Feb 07, 2022 | $0.021 | OrdinaryDividend |
Nov 08, 2021 | $0.020 | OrdinaryDividend |
Oct 04, 2021 | $0.551 | OrdinaryDividend |
Sep 07, 2021 | $0.025 | OrdinaryDividend |
Aug 09, 2021 | $0.023 | OrdinaryDividend |
Jul 06, 2021 | $0.020 | OrdinaryDividend |
Jun 07, 2021 | $0.017 | OrdinaryDividend |
May 10, 2021 | $0.026 | OrdinaryDividend |
Apr 06, 2021 | $0.025 | OrdinaryDividend |
Mar 08, 2021 | $0.026 | OrdinaryDividend |
Feb 08, 2021 | $0.022 | OrdinaryDividend |
Nov 09, 2020 | $0.044 | OrdinaryDividend |
Oct 05, 2020 | $0.046 | OrdinaryDividend |
Sep 08, 2020 | $0.022 | OrdinaryDividend |
Aug 10, 2020 | $0.022 | OrdinaryDividend |
Jul 13, 2020 | $0.035 | OrdinaryDividend |
Jun 08, 2020 | $0.030 | OrdinaryDividend |
May 04, 2020 | $0.073 | OrdinaryDividend |
Apr 06, 2020 | $0.059 | OrdinaryDividend |
Mar 09, 2020 | $0.051 | OrdinaryDividend |
Feb 10, 2020 | $0.049 | OrdinaryDividend |
Nov 11, 2019 | $0.067 | OrdinaryDividend |
Oct 07, 2019 | $0.107 | OrdinaryDividend |
Sep 16, 2019 | $0.126 | OrdinaryDividend |
Sep 09, 2019 | $0.086 | OrdinaryDividend |
FRKMX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 01, 2009
13.01
13.0%
Andrew Dierdorf is co-manager of each fund, which he has managed since October 2009 (other than Fidelity Freedom® Index 2055 Fund, Fidelity Freedom® Index 2060 Fund, and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2055 Fund since June 2011, Fidelity Freedom® Index 2060 Fund since August 2014, and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Dierdorf has worked as a portfolio manager.
Brett Sumsion
Start Date
Tenure
Tenure Rank
Jan 21, 2014
8.36
8.4%
Brett Sumsion is co-manager of each fund, which he has managed since January 2014 (other than Fidelity Freedom® Index 2060 Fund and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2060 Fund since August 2014 and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2014, Mr. Sumsion has worked as a portfolio manager. Mr. Sumsion earned his bachelor of arts degree from Brigham Young University and his MBA from The Wharton School at the University of Pennsylvania. He is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 6.48 | 3.75 |