Fidelity Managed Retirement Inc (FIRMX)

Fund Assets	17.82M
Expense Ratio	0.45%
Min. Investment	$0.00
Turnover	52.00%
Dividend (ttm)	1.69
Dividend Yield	2.79%
Dividend Growth	16.18%
Payout Frequency	n/a
Ex-Dividend Date	Jun 10, 2026

Previous Close	60.32
YTD Return	3.60%
1-Year Return	9.50%
5-Year Return	14.12%
52-Week Low	57.02
52-Week High	60.81
Beta (5Y)	0.34
Holdings	35
Inception Date	Aug 30, 2007

About FIRMX

Fidelity Managed Retirement Income Fund is a target-date mutual fund designed primarily to provide high current income to investors in retirement, with capital appreciation as a secondary goal. The fund achieves its objectives by diversifying investments across a broad mix of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. This asset allocation supports a withdrawal strategy suitable for retirees, focusing on income sustainability and reduced market risk over the long term. Notably, the fund employs a stable, neutral allocation strategy that maintains a significant weighting toward high-quality bonds and short-duration instruments, while also retaining measured equity exposure for growth potential. With a below-average expense ratio and turnover, the fund aims to balance steady income generation with risk mitigation. Its top holdings are predominantly fixed income and inflation-protected securities, highlighting its orientation toward income preservation and inflation hedging. This fund plays a significant role in the retirement income landscape by providing a professionally managed solution for individuals seeking structured withdrawals and income stability in retirement years.

• Fund Family: Fidelity
• Category: Target-Date Retirement
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FIRMX
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

FIRMX had a total return of 9.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FRHMX	Class K6	0.25%
FRKMX	Class K	0.35%
FRIMX	Fidelity Advisor Managed Retirement Income Fund: Class I	0.45%
FRAMX	Fidelity Advisor Managed Retirement Income Fund: Class A	0.70%

Top 10 Holdings

77.66% of assets

Name	Symbol	Weight
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx	FSTZX	18.20%
Fidelity Series Government Bond Index Fund	FHNFX	13.40%
Fidelity Series Investment Grade Bond Fund	FSIGX	12.31%
Fidelity Series Corporate Bond Fund	FHMFX	7.97%
Fidelity Series Investment Grade Securitized Fund	FHPFX	7.38%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	4.93%
Fidelity Series Treasury Bill Index	FHQFX	4.16%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	4.06%
Fidelity Series Large Cap Value Index Fund	FIOOX	2.82%
Fidelity Series Long-Term Treasury Bond Index Fund	FTLTX	2.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 10, 2026	$0.182	Jun 11, 2026
May 1, 2026	$0.134	May 4, 2026
Apr 1, 2026	$0.101	Apr 2, 2026
Mar 6, 2026	$0.083	Mar 9, 2026
Feb 6, 2026	$0.067	Feb 9, 2026
Dec 30, 2025	$0.738	Dec 31, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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