Fidelity Managed Retirement 2035 K (FMRZX)
| Fund Assets | 27.09M |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.18% |
| Dividend Growth | 15.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 6, 2026 |
| Previous Close | 13.01 |
| YTD Return | 3.21% |
| 1-Year Return | 16.09% |
| 5-Year Return | n/a |
| 52-Week Low | 10.43 |
| 52-Week High | 13.07 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Dec 15, 2022 |
About FMRZX
Fidelity Managed Retirement 2035 Fund Class K is a target-date mutual fund designed to help investors transition savings into retirement income around the year 2035. The fund’s primary objective is to achieve total return through a blend of current income and capital growth prior to its target date. After the horizon year, the focus shifts to providing high current income while maintaining capital appreciation as a secondary goal. This fund strategically allocates assets among a diversified mix of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds to support systematic withdrawals for retirees. Its allocation automatically adjusts over time, reducing equity exposure and increasing fixed income as the target date approaches, ultimately aligning with the Fidelity Managed Retirement Income Fund. The fund is especially suited for investors approaching retirement age who expect to begin regular distributions, and it aims to provide a balanced approach to both preserving capital and supporting income needs throughout retirement. Fidelity’s management team periodically reviews and may adjust asset allocations to align with shareholder interests and changing market conditions.
Performance
FMRZX had a total return of 16.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.63%.
Top 10 Holdings
67.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Government Bond Index Fund | FHNFX | 9.31% |
| Fidelity Series Investment Grade Bond Fund | FSIGX | 8.65% |
| Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx | FSTDX | 8.48% |
| Fidelity Series Large Cap Value Index Fund | FIOOX | 7.73% |
| Fidelity Series Blue Chip Growth Fund | FSBDX | 6.56% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 6.48% |
| Fidelity Series Corporate Bond Fund | FHMFX | 5.57% |
| Fidelity Series Investment Grade Securitized Fund | FHPFX | 5.31% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.67% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 4.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 6, 2026 | $0.006 | Feb 9, 2026 |
| Dec 30, 2025 | $0.242 | Dec 31, 2025 |
| Nov 7, 2025 | $0.027 | Nov 10, 2025 |
| Oct 3, 2025 | $0.012 | Oct 6, 2025 |
| Sep 5, 2025 | $0.053 | Sep 8, 2025 |
| Aug 1, 2025 | $0.022 | Aug 4, 2025 |