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
6.9%
3 Yr Avg Return
0.1%
5 Yr Avg Return
N/A
Net Assets
$14.9 M
Holdings in Top 10
81.8%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRYMX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 0.95%
- Dividend Yield 1.9%
- 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 ClassZ6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FRYMX - Performance
Return Ranking - Trailing
Period | FRYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -0.8% | 6.6% | 73.96% |
1 Yr | 6.9% | 0.0% | 13.3% | 71.88% |
3 Yr | 0.1%* | -6.1% | 4.4% | 69.68% |
5 Yr | N/A* | -4.5% | 5.5% | 69.77% |
10 Yr | N/A* | 1.6% | 5.0% | 36.89% |
* Annualized
Return Ranking - Calendar
Period | FRYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -9.8% | 12.8% | 62.30% |
2022 | -15.5% | -38.3% | -3.8% | 40.84% |
2021 | -0.8% | -9.1% | 10.3% | 47.09% |
2020 | 5.9% | -13.4% | 12.6% | 41.07% |
2019 | N/A | -1.1% | 13.9% | N/A |
Total Return Ranking - Trailing
Period | FRYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -0.8% | 6.6% | 73.96% |
1 Yr | 6.9% | 0.0% | 13.3% | 71.88% |
3 Yr | 0.1%* | -6.1% | 4.4% | 69.68% |
5 Yr | N/A* | -4.5% | 5.5% | 62.58% |
10 Yr | N/A* | 1.6% | 5.0% | 33.66% |
* Annualized
Total Return Ranking - Calendar
Period | FRYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.3% | -9.8% | 15.4% | 69.63% |
2022 | -11.5% | -16.9% | -2.9% | 43.46% |
2021 | 3.0% | -3.8% | 10.3% | 67.72% |
2020 | 8.8% | -13.4% | 16.6% | 64.29% |
2019 | N/A | 4.7% | 25.2% | N/A |
NAV & Total Return History
FRYMX - Holdings
Concentration Analysis
FRYMX | Category Low | Category High | FRYMX % Rank | |
---|---|---|---|---|
Net Assets | 14.9 M | 1.16 M | 35.3 B | 93.23% |
Number of Holdings | 33 | 2 | 1413 | 32.81% |
Net Assets in Top 10 | 11.6 M | 931 K | 36.5 B | 93.75% |
Weighting of Top 10 | 81.76% | 4.6% | 101.7% | 60.67% |
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 | FRYMX % Rank | |
---|---|---|---|---|
Stocks | 99.84% | 0.00% | 100.13% | 27.60% |
Convertible Bonds | 0.91% | 0.00% | 6.56% | 33.33% |
Cash | 0.16% | -24.70% | 53.61% | 78.65% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 83.85% |
Other | 0.00% | -0.07% | 5.62% | 82.81% |
Bonds | 0.00% | 0.00% | 109.30% | 96.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FRYMX % Rank | |
---|---|---|---|---|
Financial Services | 19.66% | 11.53% | 20.26% | 10.32% |
Technology | 17.20% | 16.20% | 25.61% | 84.52% |
Consumer Cyclical | 11.75% | 4.61% | 13.00% | 7.74% |
Industrials | 11.36% | 7.75% | 12.84% | 27.10% |
Healthcare | 9.50% | 6.38% | 14.87% | 89.68% |
Basic Materials | 7.81% | 2.71% | 8.17% | 10.97% |
Communication Services | 6.88% | 4.20% | 8.42% | 46.45% |
Consumer Defense | 5.82% | 4.27% | 8.57% | 73.55% |
Energy | 5.71% | 2.88% | 13.48% | 20.00% |
Real Estate | 2.25% | 1.86% | 19.30% | 85.81% |
Utilities | 2.07% | 1.85% | 8.79% | 90.97% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FRYMX % Rank | |
---|---|---|---|---|
US | 99.84% | 0.00% | 100.13% | 27.60% |
Non US | 0.00% | 0.00% | 17.40% | 83.85% |
FRYMX - Expenses
Operational Fees
FRYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.06% | 13.37% | 72.25% |
Management Fee | 0.25% | 0.00% | 0.79% | 71.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FRYMX 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
FRYMX 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.
FRYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 121.26% | 53.70% |
FRYMX - Distributions
Dividend Yield Analysis
FRYMX | Category Low | Category High | FRYMX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.88% | 0.00% | 9.68% | 42.19% |
Dividend Distribution Analysis
FRYMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
FRYMX | Category Low | Category High | FRYMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.95% | -0.06% | 5.71% | 83.89% |
Capital Gain Distribution Analysis
FRYMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 04, 2024 | $0.086 | OrdinaryDividend |
Feb 05, 2024 | $0.066 | OrdinaryDividend |
Dec 29, 2023 | $0.768 | OrdinaryDividend |
Nov 06, 2023 | $0.097 | OrdinaryDividend |
Oct 09, 2023 | $0.122 | OrdinaryDividend |
Sep 11, 2023 | $0.089 | OrdinaryDividend |
Aug 07, 2023 | $0.091 | OrdinaryDividend |
Jul 10, 2023 | $0.090 | OrdinaryDividend |
Jun 05, 2023 | $0.086 | OrdinaryDividend |
May 08, 2023 | $0.104 | OrdinaryDividend |
Apr 06, 2023 | $0.095 | OrdinaryDividend |
Mar 06, 2023 | $0.051 | OrdinaryDividend |
Feb 06, 2023 | $0.052 | OrdinaryDividend |
Dec 30, 2022 | $0.943 | OrdinaryDividend |
Nov 07, 2022 | $0.059 | OrdinaryDividend |
Oct 10, 2022 | $0.511 | OrdinaryDividend |
Sep 06, 2022 | $0.060 | OrdinaryDividend |
Aug 08, 2022 | $0.059 | OrdinaryDividend |
Jul 05, 2022 | $0.048 | OrdinaryDividend |
Jun 06, 2022 | $0.038 | OrdinaryDividend |
May 09, 2022 | $0.047 | OrdinaryDividend |
Apr 04, 2022 | $0.034 | OrdinaryDividend |
Mar 07, 2022 | $0.020 | OrdinaryDividend |
Feb 07, 2022 | $0.026 | OrdinaryDividend |
Nov 08, 2021 | $0.026 | OrdinaryDividend |
Oct 04, 2021 | $0.556 | OrdinaryDividend |
Sep 07, 2021 | $0.030 | OrdinaryDividend |
Aug 09, 2021 | $0.029 | OrdinaryDividend |
Jul 06, 2021 | $0.024 | OrdinaryDividend |
Jun 07, 2021 | $0.022 | OrdinaryDividend |
May 10, 2021 | $0.031 | OrdinaryDividend |
Apr 06, 2021 | $0.030 | OrdinaryDividend |
Mar 08, 2021 | $0.031 | OrdinaryDividend |
Feb 08, 2021 | $0.026 | OrdinaryDividend |
Nov 09, 2020 | $0.050 | OrdinaryDividend |
Oct 05, 2020 | $0.052 | OrdinaryDividend |
Sep 08, 2020 | $0.026 | OrdinaryDividend |
Aug 10, 2020 | $0.027 | OrdinaryDividend |
Jul 13, 2020 | $0.040 | OrdinaryDividend |
Jul 10, 2020 | $0.027 | OrdinaryDividend |
Jun 08, 2020 | $0.035 | OrdinaryDividend |
May 04, 2020 | $0.077 | OrdinaryDividend |
Apr 06, 2020 | $0.064 | OrdinaryDividend |
Mar 09, 2020 | $0.055 | OrdinaryDividend |
Feb 10, 2020 | $0.052 | OrdinaryDividend |
Nov 11, 2019 | $0.072 | OrdinaryDividend |
Oct 07, 2019 | $0.112 | OrdinaryDividend |
Sep 16, 2019 | $0.126 | OrdinaryDividend |
Sep 09, 2019 | $0.091 | OrdinaryDividend |
FRYMX - 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 |