Fidelity Managed Retirement 2030 FundSM (FMRAX)
| Fund Assets | 49.66M |
| Expense Ratio | 0.48% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.49% |
| Dividend Growth | 13.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 6, 2026 |
| Previous Close | 12.87 |
| YTD Return | 3.03% |
| 1-Year Return | 13.97% |
| 5-Year Return | 24.75% |
| 52-Week Low | 10.45 |
| 52-Week High | 12.89 |
| Beta (5Y) | n/a |
| Holdings | 35 |
| Inception Date | Aug 16, 2019 |
About FMRAX
Fidelity Managed Retirement 2030 Fund is a target-date mutual fund designed to support income needs as investors approach and enter retirement around 2030. It seeks high current income with capital appreciation as a secondary goal, allocating primarily across Fidelity-managed U.S. equity, international equity, bond, and short‑term funds to balance growth and income as the horizon date nears. The fund implements a managed payout-oriented strategy, using a diversified mix that includes investment‑grade bonds, inflation‑protected securities, government and long‑term Treasuries, alongside large‑cap value and growth equity exposures and selective emerging markets allocations. This multi‑asset construction aims to moderate volatility relative to pure equity funds while maintaining participation in global markets. Notable characteristics include a below‑average distribution fee level, an expense ratio around 0.48%, and regular income distributions, reflecting its retirement‑income focus. Positioned within the Target‑Date 2030 category, it functions as a professionally managed glide‑path solution that gradually shifts toward more conservative assets to help sustain withdrawals and preserve purchasing power through the early retirement years.
Performance
FMRAX had a total return of 13.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
66.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Government Bond Index Fund | FHNFX | 10.58% |
| Fidelity Series Investment Grade Bond Fund | FSIGX | 9.81% |
| Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx | FSTDX | 7.78% |
| Fidelity Series Large Cap Value Index Fund | FIOOX | 6.68% |
| Fidelity Series Corporate Bond Fund | FHMFX | 6.32% |
| Fidelity Series Investment Grade Securitized Fund | FHPFX | 5.99% |
| Fidelity Series Blue Chip Growth Fund | FSBDX | 5.72% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 5.38% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.78% |
| Fidelity Series Large Cap Stock Fund | FGLGX | 3.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 6, 2026 | $0.008 | Feb 9, 2026 |
| Dec 30, 2025 | $0.174 | Dec 31, 2025 |
| Nov 7, 2025 | $0.028 | Nov 10, 2025 |
| Oct 3, 2025 | $0.012 | Oct 6, 2025 |
| Sep 5, 2025 | $0.014 | Sep 8, 2025 |
| Aug 1, 2025 | $0.025 | Aug 4, 2025 |