Fidelity Managed Retirement 2030 (FMRAX)

Fund Assets	49.66M
Expense Ratio	0.48%
Min. Investment	$0.00
Turnover	59.00%
Dividend (ttm)	0.32
Dividend Yield	2.46%
Dividend Growth	23.61%
Payout Frequency	n/a
Ex-Dividend Date	Jun 3, 2026

Previous Close	13.28
YTD Return	4.99%
1-Year Return	14.36%
5-Year Return	24.02%
52-Week Low	11.73
52-Week High	13.35
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.

• Fund Family: Fidelity
• Category: Target-Date 2030
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FMRAX
• Index: S&P 500 TR

Performance

FMRAX had a total return of 14.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.33%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWJRX	Schwab	Schwab Target Payout	0.21%
SWLRX	Schwab	Schwab Income Payout	0.18%
SWKRX	Schwab	Schwab Flexible Payout	0.21%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FMRFX	Class K6	0.28%
FMREX	Class K	0.38%
FMRDX	Fidelity Advisor Managed Retirement 2030 Fund: Class I	0.48%
FMRBX	Fidelity Advisor Managed Retirement 2030 Fund: Class A	0.73%

Top 10 Holdings

67.29% of assets

Name	Symbol	Weight
Fidelity Series Government Bond Index Fund	FHNFX	10.21%
Fidelity Series Investment Grade Bond Fund	FSIGX	9.38%
Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx	FSTDX	7.70%
Fidelity Series Large Cap Value Index Fund	FIOOX	6.91%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	6.70%
Fidelity Series Corporate Bond Fund	FHMFX	6.07%
Fidelity Series Blue Chip Growth Fund	FSBDX	6.01%
Fidelity Series Investment Grade Securitized Fund	FHPFX	5.61%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	4.76%
Fidelity Series Large Cap Stock Fund	FGLGX	3.94%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 3, 2026	$0.041	Jun 4, 2026
May 1, 2026	$0.020	May 4, 2026
Apr 1, 2026	$0.013	Apr 2, 2026
Mar 6, 2026	$0.011	Mar 9, 2026
Feb 6, 2026	$0.008	Feb 9, 2026
Dec 30, 2025	$0.174	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 27, 2026

Data Sources Report a data error