Fidelity Managed Retirement Inc K6 (FRHMX)
| Fund Assets | 17.82M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 52.00% |
| Dividend (ttm) | 1.86 |
| Dividend Yield | 3.15% |
| Dividend Growth | -2.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 7, 2025 |
| Previous Close | 59.31 |
| YTD Return | 9.53% |
| 1-Year Return | 9.49% |
| 5-Year Return | 13.52% |
| 52-Week Low | 53.61 |
| 52-Week High | 59.60 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Aug 1, 2019 |
About FRHMX
Fidelity Managed Retirement Income Fund Class K6 is a mutual fund designed to support investors entering or already in retirement. Its primary function is to provide a combination of current income and capital preservation by investing in a diversified mix of asset classes, primarily high-quality bonds and income-generating securities, with a smaller allocation to equities for potential growth. The fund is structured as a 'target-date retirement' product, focusing on maintaining an appropriate risk profile for investors who have reached or are nearing retirement age. Key features include a broad exposure to both domestic and international fixed income instruments, such as inflation-protected bonds, government and corporate bonds, and select equity holdings. Notably, the top portfolio allocations are to short-duration inflation-protected and government bonds, reflecting an emphasis on income stability and risk management. With an expense ratio of only 0.25% and a turnover ratio around 25%, the fund seeks to offer efficient management and minimize costs for investors. Its income orientation is further highlighted by a trailing twelve-month yield of approximately 3.1%. Serving as a core holding for retirement portfolios, the fund's diversified approach supports steady withdrawals while seeking to manage longevity and market risks.
Performance
FRHMX had a total return of 9.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.33%.
Top 10 Holdings
78.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx | FSTZX | 18.34% |
| Fidelity Series Government Bond Index Fund | FHNFX | 13.62% |
| Fidelity Series Investment Grade Bond Fund | FSIGX | 12.67% |
| Fidelity Series Corporate Bond Fund | FHMFX | 8.15% |
| Fidelity Series Investment Grade Securitized Fund | FHPFX | 7.77% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.99% |
| Fidelity Series Treasury Bill Index | FHQFX | 3.92% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 3.64% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 3.01% |
| Fidelity Series Large Cap Value Index Fund | FIOOX | 2.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 7, 2025 | $0.225 | Nov 10, 2025 |
| Oct 3, 2025 | $0.097 | Oct 6, 2025 |
| Sep 5, 2025 | $0.104 | Sep 8, 2025 |
| Aug 1, 2025 | $0.195 | Aug 4, 2025 |
| Jul 11, 2025 | $0.089 | Jul 14, 2025 |
| Jun 6, 2025 | $0.111 | Jun 9, 2025 |