Fidelity Managed Retirement Income Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.7%
1 yr return
3.6%
3 Yr Avg Return
-0.9%
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 0.25%
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 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRHMX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.95%
- Dividend Yield 0.0%
- 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 ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FRHMX - Performance
Return Ranking - Trailing
Period | FRHMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -2.9% | 4.5% | 79.06% |
1 Yr | 3.6% | -2.1% | 8.6% | 74.35% |
3 Yr | -0.9%* | -6.5% | 2.8% | 65.24% |
5 Yr | N/A* | -4.8% | 4.8% | 70.35% |
10 Yr | N/A* | 1.3% | 4.8% | 38.83% |
* Annualized
Return Ranking - Calendar
Period | FRHMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -9.8% | 12.8% | 63.16% |
2022 | -15.5% | -38.3% | -3.8% | 40.53% |
2021 | -0.8% | -9.1% | 10.3% | 48.94% |
2020 | 5.9% | -13.4% | 12.6% | 39.52% |
2019 | N/A | -1.1% | 13.9% | N/A |
Total Return Ranking - Trailing
Period | FRHMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -2.9% | 4.5% | 79.06% |
1 Yr | 3.6% | -2.1% | 8.6% | 74.35% |
3 Yr | -0.9%* | -6.5% | 2.8% | 65.24% |
5 Yr | N/A* | -4.8% | 4.8% | 63.23% |
10 Yr | N/A* | 1.3% | 4.8% | 35.64% |
* Annualized
Total Return Ranking - Calendar
Period | FRHMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.3% | -9.8% | 15.4% | 70.00% |
2022 | -11.5% | -16.9% | -2.9% | 42.11% |
2021 | 3.0% | -3.8% | 10.3% | 68.62% |
2020 | 8.8% | -13.4% | 16.6% | 65.27% |
2019 | N/A | 4.7% | 25.2% | N/A |
NAV & Total Return History
FRHMX - Holdings
Concentration Analysis
FRHMX | Category Low | Category High | FRHMX % Rank | |
---|---|---|---|---|
Net Assets | 14.9 M | 1.15 M | 36 B | 92.67% |
Number of Holdings | 33 | 2 | 1464 | 32.98% |
Net Assets in Top 10 | 12.1 M | 931 K | 36.5 B | 93.19% |
Weighting of Top 10 | 81.09% | 4.5% | 101.7% | 60.45% |
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 | FRHMX % Rank | |
---|---|---|---|---|
Stocks | 99.85% | 0.00% | 100.13% | 26.70% |
Convertible Bonds | 0.91% | 0.00% | 6.56% | 32.46% |
Cash | 0.15% | -24.70% | 53.61% | 76.96% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 89.53% |
Other | 0.00% | -0.07% | 5.62% | 86.91% |
Bonds | 0.00% | 0.00% | 109.30% | 96.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FRHMX % Rank | |
---|---|---|---|---|
Financial Services | 19.66% | 11.53% | 20.26% | 9.74% |
Technology | 17.20% | 16.20% | 25.61% | 83.77% |
Consumer Cyclical | 11.75% | 4.61% | 13.00% | 6.49% |
Industrials | 11.36% | 7.75% | 12.84% | 26.62% |
Healthcare | 9.50% | 6.38% | 14.87% | 88.96% |
Basic Materials | 7.81% | 2.71% | 8.17% | 10.39% |
Communication Services | 6.88% | 4.20% | 8.42% | 45.45% |
Consumer Defense | 5.82% | 4.27% | 8.57% | 72.73% |
Energy | 5.71% | 2.88% | 13.48% | 19.48% |
Real Estate | 2.25% | 1.86% | 19.30% | 85.06% |
Utilities | 2.07% | 1.85% | 8.79% | 92.21% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FRHMX % Rank | |
---|---|---|---|---|
US | 99.85% | 0.00% | 100.13% | 26.70% |
Non US | 0.00% | 0.00% | 17.40% | 90.05% |
FRHMX - Expenses
Operational Fees
FRHMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.06% | 13.37% | 71.58% |
Management Fee | 0.25% | 0.00% | 0.79% | 71.51% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FRHMX 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
FRHMX 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.
FRHMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 121.26% | 53.42% |
FRHMX - Distributions
Dividend Yield Analysis
FRHMX | Category Low | Category High | FRHMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.55% | 41.88% |
Dividend Distribution Analysis
FRHMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FRHMX | Category Low | Category High | FRHMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.95% | -0.06% | 5.71% | 83.24% |
Capital Gain Distribution Analysis
FRHMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.094 | OrdinaryDividend |
Mar 04, 2024 | $0.087 | OrdinaryDividend |
Feb 05, 2024 | $0.067 | OrdinaryDividend |
Dec 29, 2023 | $0.777 | OrdinaryDividend |
Nov 06, 2023 | $0.095 | OrdinaryDividend |
Oct 09, 2023 | $0.115 | OrdinaryDividend |
Sep 11, 2023 | $0.090 | OrdinaryDividend |
Aug 07, 2023 | $0.091 | OrdinaryDividend |
Jul 10, 2023 | $0.090 | OrdinaryDividend |
Jun 05, 2023 | $0.086 | OrdinaryDividend |
May 08, 2023 | $0.105 | OrdinaryDividend |
Apr 06, 2023 | $0.095 | OrdinaryDividend |
Mar 06, 2023 | $0.051 | OrdinaryDividend |
Feb 06, 2023 | $0.051 | OrdinaryDividend |
Dec 30, 2022 | $0.940 | OrdinaryDividend |
Nov 07, 2022 | $0.059 | OrdinaryDividend |
Oct 10, 2022 | $0.512 | OrdinaryDividend |
Sep 06, 2022 | $0.062 | OrdinaryDividend |
Aug 08, 2022 | $0.059 | OrdinaryDividend |
Jul 05, 2022 | $0.048 | OrdinaryDividend |
Jun 06, 2022 | $0.038 | OrdinaryDividend |
May 09, 2022 | $0.046 | OrdinaryDividend |
Apr 04, 2022 | $0.035 | OrdinaryDividend |
Mar 07, 2022 | $0.020 | OrdinaryDividend |
Feb 07, 2022 | $0.024 | OrdinaryDividend |
Nov 08, 2021 | $0.025 | OrdinaryDividend |
Oct 04, 2021 | $0.559 | OrdinaryDividend |
Sep 07, 2021 | $0.030 | OrdinaryDividend |
Aug 09, 2021 | $0.030 | OrdinaryDividend |
Jul 06, 2021 | $0.026 | OrdinaryDividend |
Jun 07, 2021 | $0.028 | OrdinaryDividend |
May 10, 2021 | $0.032 | OrdinaryDividend |
Apr 06, 2021 | $0.030 | OrdinaryDividend |
Mar 08, 2021 | $0.033 | OrdinaryDividend |
Feb 08, 2021 | $0.030 | OrdinaryDividend |
Nov 09, 2020 | $0.046 | OrdinaryDividend |
Oct 05, 2020 | $0.051 | OrdinaryDividend |
Sep 08, 2020 | $0.026 | OrdinaryDividend |
Aug 10, 2020 | $0.027 | OrdinaryDividend |
Jul 13, 2020 | $0.040 | OrdinaryDividend |
Jun 08, 2020 | $0.035 | OrdinaryDividend |
May 04, 2020 | $0.078 | OrdinaryDividend |
Apr 06, 2020 | $0.065 | OrdinaryDividend |
Mar 09, 2020 | $0.057 | OrdinaryDividend |
Feb 10, 2020 | $0.059 | OrdinaryDividend |
Nov 11, 2019 | $0.072 | OrdinaryDividend |
Oct 07, 2019 | $0.112 | OrdinaryDividend |
Sep 16, 2019 | $0.126 | OrdinaryDividend |
Sep 09, 2019 | $0.090 | OrdinaryDividend |
FRHMX - 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 |