Fidelity Advisor Managed Retirement Income Fund - Class A (FRAMX)

Fund Assets	6.15M
Expense Ratio	0.70%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	1.55
Dividend Yield	2.56%
Dividend Growth	3.76%
Payout Frequency	Monthly
Ex-Dividend Date	Jun 6, 2025

Previous Close	57.04
YTD Return	2.99%
1-Year Return	5.03%
5-Year Return	12.18%
52-Week Low	54.62
52-Week High	57.56
Beta (5Y)	n/a
Holdings	35
Inception Date	Aug 30, 2007

About FRAMX

FRAMX was founded on 2007-08-30. The Fund's investment strategy focuses on Income with 0.7% total expense ratio. The minimum amount to invest in Fidelity Income Fund: Fidelity Advisor Managed Retirement Income Fund; Class A Shares is $0 on a standard taxable account. Fidelity Income Fund: Fidelity Advisor Managed Retirement Income Fund; Class A Shares seeks total return through a combination of current income and capital growth. FRAMX invests in a combination of underlying Fidelity equity, fixed-income, and short-term funds.

• Fund Family: Fidelity
• Category: Target-Date Retirement
• Stock Exchange: NASDAQ
• Ticker Symbol: FRAMX
• Share Class: Class A
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

FRAMX had a total return of 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.57%.

Chart

Bar chart with 6 bars.

The chart has 1 X axis displaying categories.

The chart has 1 Y axis displaying values. Data ranges from 0.7267 to 5.033.

End of interactive chart.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FRHMX	Class K6	0.25%
FRKMX	Class K	0.35%
FRIMX	Fidelity Advisor Managed Retirement Income Fund: Class I	0.45%
FRYMX	Fidelity Advisor Managed Retirement Income Fund: Class Z6	0.25%

Top 10 Holdings

78.56% of assets

Name	Symbol	Weight
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx	FSTZX	18.44%
Fidelity Series Government Bond Index Fund	FHNFX	13.17%
Fidelity Series Investment Grade Bond Fund	FSIGX	12.52%
Fidelity Series Corporate Bond Fund	FHMFX	8.16%
Fidelity Series Investment Grade Securitized Fund	FHPFX	7.87%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	5.06%
Fidelity Series Treasury Bill Index	FHQFX	4.74%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	3.25%
Fidelity Series Long-Term Treasury Bond Index Fund	FTLTX	3.11%
Fidelity Series Large Cap Value Index Fund	FIOOX	2.24%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 6, 2025	$0.087	Jun 9, 2025
May 2, 2025	$0.124	May 5, 2025
Apr 4, 2025	$0.056	Apr 7, 2025
Mar 7, 2025	$0.062	Mar 10, 2025
Feb 7, 2025	$0.060	Feb 10, 2025
Dec 30, 2024	$0.601	Dec 31, 2024