Fidelity Managed Retirement Inc K6 (FRHMX)
| Fund Assets | 17.30M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 1.80 |
| Dividend Yield | 3.04% |
| Dividend Growth | -2.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 59.10 |
| YTD Return | 7.08% |
| 1-Year Return | 4.96% |
| 5-Year Return | 14.58% |
| 52-Week Low | 54.60 |
| 52-Week High | 59.20 |
| Beta (5Y) | n/a |
| Holdings | 35 |
| 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 4.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.56%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
78.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx | FSTZX | 18.20% |
| Fidelity Series Government Bd Idx | FHNFX | 13.34% |
| Fidelity Series Investment Grade Bond | FSIGX | 12.57% |
| Fidelity Series Corporate Bond | FHMFX | 8.16% |
| Fidelity Series Invest Grd Securtzd | FHPFX | 7.81% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.90% |
| Fidelity Series Treasury Bill Index | FHQFX | 4.54% |
| Fidelity Series Emerging Markets Opps | FEMSX | 3.65% |
| Fidelity Series Long-Term Trs Bd Idx | FTLTX | 3.22% |
| Fidelity Series Large Cap Value Index | FIOOX | 2.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| May 2, 2025 | $0.144 | May 5, 2025 |
| Apr 4, 2025 | $0.080 | Apr 7, 2025 |