Fidelity Managed Retirement Inc (FIRMX)
| Fund Assets | 17.82M |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 52.00% |
| Dividend (ttm) | 1.96 |
| Dividend Yield | 3.25% |
| Dividend Growth | 16.72% |
| Payout Frequency | Monthly |
| 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.
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%.
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 |