Fidelity Managed Retirement Income Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.3%
1 yr return
6.7%
3 Yr Avg Return
-0.1%
5 Yr Avg Return
2.7%
Net Assets
$14.9 M
Holdings in Top 10
81.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRIMX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return -0.1%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.75%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Managed Retirement Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateSep 05, 2007
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FRIMX - Performance
Return Ranking - Trailing
Period | FRIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -0.8% | 6.6% | 76.56% |
1 Yr | 6.7% | 0.0% | 13.3% | 76.04% |
3 Yr | -0.1%* | -6.1% | 4.4% | 76.60% |
5 Yr | 2.7%* | -4.5% | 5.5% | 80.28% |
10 Yr | 3.1%* | 1.6% | 5.0% | 71.62% |
* Annualized
Return Ranking - Calendar
Period | FRIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -9.8% | 12.8% | 68.06% |
2022 | -15.5% | -38.3% | -3.8% | 38.74% |
2021 | -0.7% | -9.1% | 10.3% | 46.03% |
2020 | 6.0% | -13.4% | 12.6% | 39.29% |
2019 | 7.8% | -1.1% | 13.9% | 56.74% |
Total Return Ranking - Trailing
Period | FRIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -0.8% | 6.6% | 76.56% |
1 Yr | 6.7% | 0.0% | 13.3% | 76.04% |
3 Yr | -0.1%* | -6.1% | 4.4% | 76.60% |
5 Yr | 2.7%* | -4.5% | 5.5% | 80.28% |
10 Yr | 3.1%* | 1.6% | 5.0% | 71.62% |
* Annualized
Total Return Ranking - Calendar
Period | FRIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.1% | -9.8% | 15.4% | 75.92% |
2022 | -11.7% | -16.9% | -2.9% | 48.69% |
2021 | 2.8% | -3.8% | 10.3% | 73.54% |
2020 | 8.6% | -13.4% | 16.6% | 72.02% |
2019 | 10.6% | 4.7% | 25.2% | 85.82% |
NAV & Total Return History
FRIMX - Holdings
Concentration Analysis
FRIMX | Category Low | Category High | FRIMX % Rank | |
---|---|---|---|---|
Net Assets | 14.9 M | 1.16 M | 35.3 B | 91.15% |
Number of Holdings | 33 | 2 | 1413 | 30.21% |
Net Assets in Top 10 | 11.6 M | 931 K | 36.5 B | 91.67% |
Weighting of Top 10 | 81.76% | 4.6% | 101.7% | 58.43% |
Top 10 Holdings
- Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund 20.34%
- Fidelity Series Investment Grade Bond Fund 12.51%
- Fidelity Series Government Bond Index Fund 12.48%
- Fidelity Series Investment Grade Securitized Fund 8.37%
- Fidelity Series Corporate Bond Fund 8.33%
- Fidelity Series Treasury Bill Index Fund 5.58%
- Fidelity Series Emerging Markets Opportunities Fund 4.24%
- Fidelity Series International Developed Markets Bond Index Fund 4.05%
- Fidelity Series Long-Term Treasury Bond Index Fund 3.97%
- Fidelity Series Short-Term Credit Fund 1.89%
Asset Allocation
Weighting | Return Low | Return High | FRIMX % Rank | |
---|---|---|---|---|
Stocks | 99.84% | 0.00% | 100.13% | 25.52% |
Convertible Bonds | 0.91% | 0.00% | 6.56% | 31.25% |
Cash | 0.16% | -24.70% | 53.61% | 76.56% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 16.67% |
Other | 0.00% | -0.07% | 5.62% | 40.10% |
Bonds | 0.00% | 0.00% | 109.30% | 59.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FRIMX % Rank | |
---|---|---|---|---|
Financial Services | 19.66% | 11.53% | 20.26% | 7.74% |
Technology | 17.20% | 16.20% | 25.61% | 81.94% |
Consumer Cyclical | 11.75% | 4.61% | 13.00% | 5.16% |
Industrials | 11.36% | 7.75% | 12.84% | 24.52% |
Healthcare | 9.50% | 6.38% | 14.87% | 87.10% |
Basic Materials | 7.81% | 2.71% | 8.17% | 8.39% |
Communication Services | 6.88% | 4.20% | 8.42% | 43.87% |
Consumer Defense | 5.82% | 4.27% | 8.57% | 70.97% |
Energy | 5.71% | 2.88% | 13.48% | 17.42% |
Real Estate | 2.25% | 1.86% | 19.30% | 83.23% |
Utilities | 2.07% | 1.85% | 8.79% | 85.81% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FRIMX % Rank | |
---|---|---|---|---|
US | 99.84% | 0.00% | 100.13% | 25.52% |
Non US | 0.00% | 0.00% | 17.40% | 26.56% |
FRIMX - Expenses
Operational Fees
FRIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.06% | 13.37% | 57.07% |
Management Fee | 0.45% | 0.00% | 0.79% | 88.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FRIMX 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
FRIMX 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.
FRIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 121.26% | 51.23% |
FRIMX - Distributions
Dividend Yield Analysis
FRIMX | Category Low | Category High | FRIMX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.70% | 0.00% | 9.68% | 56.25% |
Dividend Distribution Analysis
FRIMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
FRIMX | Category Low | Category High | FRIMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.75% | -0.06% | 5.71% | 91.11% |
Capital Gain Distribution Analysis
FRIMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 04, 2024 | $0.078 | OrdinaryDividend |
Feb 05, 2024 | $0.060 | OrdinaryDividend |
Dec 29, 2023 | $0.747 | OrdinaryDividend |
Nov 06, 2023 | $0.089 | OrdinaryDividend |
Oct 09, 2023 | $0.112 | OrdinaryDividend |
Sep 11, 2023 | $0.081 | OrdinaryDividend |
Aug 07, 2023 | $0.082 | OrdinaryDividend |
Jul 10, 2023 | $0.081 | OrdinaryDividend |
Jun 05, 2023 | $0.078 | OrdinaryDividend |
May 08, 2023 | $0.101 | OrdinaryDividend |
Apr 06, 2023 | $0.083 | OrdinaryDividend |
Mar 06, 2023 | $0.042 | OrdinaryDividend |
Feb 06, 2023 | $0.045 | OrdinaryDividend |
Dec 30, 2022 | $0.919 | OrdinaryDividend |
Nov 07, 2022 | $0.052 | OrdinaryDividend |
Oct 10, 2022 | $0.501 | OrdinaryDividend |
Sep 06, 2022 | $0.043 | OrdinaryDividend |
Aug 08, 2022 | $0.048 | OrdinaryDividend |
Jul 05, 2022 | $0.040 | OrdinaryDividend |
Jun 06, 2022 | $0.029 | OrdinaryDividend |
May 09, 2022 | $0.031 | OrdinaryDividend |
Apr 04, 2022 | $0.025 | OrdinaryDividend |
Mar 07, 2022 | $0.010 | OrdinaryDividend |
Feb 07, 2022 | $0.017 | OrdinaryDividend |
Nov 08, 2021 | $0.014 | OrdinaryDividend |
Oct 04, 2021 | $0.545 | OrdinaryDividend |
Sep 07, 2021 | $0.020 | OrdinaryDividend |
Aug 09, 2021 | $0.018 | OrdinaryDividend |
Jul 06, 2021 | $0.015 | OrdinaryDividend |
Jun 07, 2021 | $0.011 | OrdinaryDividend |
May 10, 2021 | $0.020 | OrdinaryDividend |
Apr 06, 2021 | $0.020 | OrdinaryDividend |
Mar 08, 2021 | $0.020 | OrdinaryDividend |
Feb 08, 2021 | $0.018 | OrdinaryDividend |
Nov 09, 2020 | $0.038 | OrdinaryDividend |
Oct 05, 2020 | $0.041 | OrdinaryDividend |
Sep 08, 2020 | $0.016 | OrdinaryDividend |
Aug 10, 2020 | $0.032 | OrdinaryDividend |
Jul 13, 2020 | $0.031 | OrdinaryDividend |
Jun 08, 2020 | $0.024 | OrdinaryDividend |
May 04, 2020 | $0.063 | OrdinaryDividend |
Apr 06, 2020 | $0.014 | OrdinaryDividend |
Mar 09, 2020 | $0.046 | OrdinaryDividend |
Feb 10, 2020 | $0.044 | OrdinaryDividend |
Nov 11, 2019 | $0.062 | OrdinaryDividend |
Oct 07, 2019 | $0.103 | OrdinaryDividend |
Sep 16, 2019 | $0.126 | OrdinaryDividend |
Sep 09, 2019 | $0.062 | OrdinaryDividend |
Aug 05, 2019 | $0.070 | OrdinaryDividend |
Jul 08, 2019 | $0.069 | OrdinaryDividend |
Jun 10, 2019 | $0.078 | OrdinaryDividend |
May 06, 2019 | $0.080 | OrdinaryDividend |
Apr 08, 2019 | $0.072 | OrdinaryDividend |
Mar 11, 2019 | $0.062 | OrdinaryDividend |
Feb 11, 2019 | $0.067 | OrdinaryDividend |
Dec 31, 2018 | $0.430 | OrdinaryDividend |
Nov 05, 2018 | $0.073 | OrdinaryDividend |
Sep 10, 2018 | $0.091 | OrdinaryDividend |
Aug 06, 2018 | $0.070 | OrdinaryDividend |
Jul 09, 2018 | $0.087 | OrdinaryDividend |
Jun 04, 2018 | $0.074 | OrdinaryDividend |
May 07, 2018 | $0.080 | OrdinaryDividend |
Apr 09, 2018 | $0.052 | OrdinaryDividend |
Mar 05, 2018 | $0.055 | OrdinaryDividend |
Feb 05, 2018 | $0.044 | OrdinaryDividend |
Dec 29, 2017 | $0.394 | OrdinaryDividend |
Nov 06, 2017 | $0.051 | OrdinaryDividend |
Oct 09, 2017 | $0.071 | OrdinaryDividend |
Sep 07, 2017 | $0.056 | OrdinaryDividend |
Aug 07, 2017 | $0.056 | OrdinaryDividend |
Jul 10, 2017 | $0.057 | OrdinaryDividend |
Jun 05, 2017 | $0.061 | OrdinaryDividend |
Apr 28, 2017 | $0.083 | OrdinaryDividend |
Mar 31, 2017 | $0.060 | OrdinaryDividend |
Feb 28, 2017 | $0.042 | OrdinaryDividend |
Jan 31, 2017 | $0.044 | OrdinaryDividend |
Dec 30, 2016 | $0.257 | OrdinaryDividend |
Nov 30, 2016 | $0.045 | OrdinaryDividend |
Oct 31, 2016 | $0.100 | OrdinaryDividend |
Sep 30, 2016 | $0.052 | OrdinaryDividend |
Aug 31, 2016 | $0.051 | OrdinaryDividend |
Jul 29, 2016 | $0.089 | OrdinaryDividend |
Jun 30, 2016 | $0.066 | OrdinaryDividend |
May 31, 2016 | $0.047 | OrdinaryDividend |
Apr 29, 2016 | $0.071 | OrdinaryDividend |
Mar 31, 2016 | $0.050 | OrdinaryDividend |
Feb 29, 2016 | $0.051 | OrdinaryDividend |
Jan 29, 2016 | $0.036 | OrdinaryDividend |
Dec 31, 2015 | $0.243 | OrdinaryDividend |
Nov 30, 2015 | $0.045 | OrdinaryDividend |
Oct 30, 2015 | $0.105 | OrdinaryDividend |
Sep 30, 2015 | $0.050 | OrdinaryDividend |
Aug 31, 2015 | $0.049 | OrdinaryDividend |
Jul 31, 2015 | $0.097 | OrdinaryDividend |
Jun 30, 2015 | $0.061 | OrdinaryDividend |
May 29, 2015 | $0.043 | OrdinaryDividend |
Apr 30, 2015 | $0.080 | OrdinaryDividend |
Mar 31, 2015 | $0.050 | OrdinaryDividend |
Feb 27, 2015 | $0.042 | OrdinaryDividend |
Jan 30, 2015 | $0.035 | OrdinaryDividend |
Dec 31, 2014 | $0.177 | OrdinaryDividend |
Nov 28, 2014 | $0.039 | OrdinaryDividend |
Oct 31, 2014 | $0.090 | OrdinaryDividend |
Sep 30, 2014 | $0.050 | OrdinaryDividend |
Aug 29, 2014 | $0.041 | OrdinaryDividend |
Jul 31, 2014 | $0.091 | OrdinaryDividend |
Jun 30, 2014 | $0.061 | OrdinaryDividend |
May 30, 2014 | $0.043 | OrdinaryDividend |
Apr 30, 2014 | $0.085 | OrdinaryDividend |
Mar 31, 2014 | $0.042 | OrdinaryDividend |
Feb 28, 2014 | $0.041 | OrdinaryDividend |
Jan 31, 2014 | $0.033 | OrdinaryDividend |
Dec 31, 2013 | $0.218 | OrdinaryDividend |
Nov 29, 2013 | $0.038 | OrdinaryDividend |
Oct 31, 2013 | $0.085 | OrdinaryDividend |
Sep 30, 2013 | $0.048 | OrdinaryDividend |
Aug 30, 2013 | $0.041 | OrdinaryDividend |
Jul 31, 2013 | $0.088 | OrdinaryDividend |
Jun 28, 2013 | $0.044 | OrdinaryDividend |
May 31, 2013 | $0.038 | OrdinaryDividend |
Apr 30, 2013 | $0.067 | OrdinaryDividend |
Mar 28, 2013 | $0.035 | OrdinaryDividend |
Feb 28, 2013 | $0.038 | OrdinaryDividend |
Jan 31, 2013 | $0.031 | OrdinaryDividend |
Dec 31, 2012 | $0.401 | OrdinaryDividend |
Nov 30, 2012 | $0.035 | OrdinaryDividend |
Nov 01, 2012 | $0.075 | OrdinaryDividend |
Sep 28, 2012 | $0.042 | OrdinaryDividend |
Aug 31, 2012 | $0.040 | OrdinaryDividend |
Jul 31, 2012 | $0.094 | OrdinaryDividend |
Jun 29, 2012 | $0.044 | OrdinaryDividend |
May 31, 2012 | $0.044 | OrdinaryDividend |
Apr 30, 2012 | $0.101 | OrdinaryDividend |
Mar 30, 2012 | $0.042 | OrdinaryDividend |
Feb 29, 2012 | $0.044 | OrdinaryDividend |
Jan 31, 2012 | $0.030 | OrdinaryDividend |
Dec 30, 2011 | $0.275 | OrdinaryDividend |
Nov 30, 2011 | $0.047 | OrdinaryDividend |
Oct 31, 2011 | $0.086 | OrdinaryDividend |
Sep 30, 2011 | $0.044 | OrdinaryDividend |
Aug 31, 2011 | $0.048 | OrdinaryDividend |
Jul 29, 2011 | $0.100 | OrdinaryDividend |
Jun 30, 2011 | $0.045 | OrdinaryDividend |
May 31, 2011 | $0.048 | OrdinaryDividend |
Apr 29, 2011 | $0.084 | OrdinaryDividend |
Mar 31, 2011 | $0.052 | OrdinaryDividend |
Feb 28, 2011 | $0.041 | OrdinaryDividend |
Jan 31, 2011 | $0.034 | OrdinaryDividend |
Dec 31, 2010 | $0.323 | OrdinaryDividend |
Nov 30, 2010 | $0.049 | OrdinaryDividend |
Oct 29, 2010 | $0.068 | OrdinaryDividend |
Sep 30, 2010 | $0.048 | OrdinaryDividend |
Aug 31, 2010 | $0.049 | OrdinaryDividend |
Jul 30, 2010 | $0.061 | OrdinaryDividend |
Jun 30, 2010 | $0.056 | OrdinaryDividend |
May 28, 2010 | $0.046 | OrdinaryDividend |
Apr 30, 2010 | $0.068 | OrdinaryDividend |
Mar 31, 2010 | $0.053 | OrdinaryDividend |
Feb 26, 2010 | $0.046 | OrdinaryDividend |
Jan 29, 2010 | $0.035 | OrdinaryDividend |
Dec 31, 2009 | $0.311 | OrdinaryDividend |
Nov 30, 2009 | $0.056 | OrdinaryDividend |
Oct 30, 2009 | $0.083 | OrdinaryDividend |
Sep 30, 2009 | $0.053 | OrdinaryDividend |
Aug 31, 2009 | $0.053 | OrdinaryDividend |
Jul 31, 2009 | $0.083 | OrdinaryDividend |
Jun 30, 2009 | $0.060 | OrdinaryDividend |
May 29, 2009 | $0.052 | OrdinaryDividend |
Apr 30, 2009 | $0.085 | OrdinaryDividend |
Mar 31, 2009 | $0.060 | OrdinaryDividend |
Feb 27, 2009 | $0.054 | OrdinaryDividend |
Jan 30, 2009 | $0.040 | OrdinaryDividend |
Dec 31, 2008 | $0.357 | OrdinaryDividend |
Nov 28, 2008 | $0.068 | OrdinaryDividend |
Oct 31, 2008 | $0.147 | OrdinaryDividend |
Sep 30, 2008 | $0.080 | OrdinaryDividend |
Aug 29, 2008 | $0.076 | OrdinaryDividend |
Jul 31, 2008 | $0.128 | OrdinaryDividend |
Jun 30, 2008 | $0.070 | OrdinaryDividend |
May 30, 2008 | $0.078 | OrdinaryDividend |
Apr 30, 2008 | $0.127 | OrdinaryDividend |
Mar 31, 2008 | $0.083 | OrdinaryDividend |
Feb 29, 2008 | $0.067 | OrdinaryDividend |
Jan 31, 2008 | $0.062 | OrdinaryDividend |
Dec 31, 2007 | $0.292 | OrdinaryDividend |
Nov 30, 2007 | $0.038 | OrdinaryDividend |
Oct 31, 2007 | $0.104 | OrdinaryDividend |
Sep 28, 2007 | $0.075 | OrdinaryDividend |
FRIMX - 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 | 6.51 | 3.75 |