Fidelity Managed Retirement 2035 K (FMRZX)

Fund Assets	27.09M
Expense Ratio	0.38%
Min. Investment	$0.00
Turnover	54.00%
Dividend (ttm)	0.33
Dividend Yield	4.43%
Dividend Growth	29.54%
Payout Frequency	n/a
Ex-Dividend Date	Jun 3, 2026

Previous Close	7.50
YTD Return	111.09%
1-Year Return	131.13%
5-Year Return	n/a
52-Week Low	7.50
52-Week High	13.57
Beta (5Y)	n/a
Holdings	33
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.

• Fund Family: Fidelity
• Category: Target-Date 2035
• Stock Exchange: NASDAQ
• Ticker Symbol: FMRZX
• Share Class: Class K
• Index: Index is not provided by Management Company

Performance

FMRZX had a total return of 131.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 41.02%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FMRJX	Class K6	0.28%
FMRYX	Fidelity Advisor Managed Retirement 2035 Fund: Class I	0.48%
FMRUX	Fidelity Advisor Managed Retirement 2035 Fund: Class A	0.73%

Top 10 Holdings

66.20% of assets

Name	Symbol	Weight
Fidelity Income Fund - Fidelity Series Government Bond Index Fund	n/a	9.10%
Fidelity Series Investment Grade Bond Fund	FSIGX	8.36%
Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx	FSTDX	7.94%
Fidelity Salem Street Trust - Fidelity Series Large Cap Value Index Fund	n/a	7.56%
Fidelity Series Blue Chip Growth Fund	FSBDX	7.22%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	6.82%
Fidelity Series Corporate Bond Fund	FHMFX	5.38%
Fidelity Series Investment Grade Securitized Fund	FHPFX	5.02%
Fidelity Series Large Cap Stock Fund	FGLGX	4.42%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	4.37%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 3, 2026	$5.877	Jun 4, 2026
May 1, 2026	$0.029	May 4, 2026
Apr 1, 2026	$0.015	Apr 2, 2026
Mar 6, 2026	$0.010	Mar 9, 2026
Feb 6, 2026	$0.006	Feb 9, 2026
Dec 30, 2025	$0.242	Dec 31, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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