Fidelity Managed Retirement Income Fund - Class K (FRKMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
54.75
-0.07 (-0.13%)
Jan 13, 2025, 4:00 PM EST
0.61%
Fund Assets 13.63M
Expense Ratio 0.35%
Min. Investment $0.00
Turnover 33.00%
Dividend (ttm) 1.72
Dividend Yield 3.14%
Dividend Growth 8.16%
Payout Frequency Monthly
Ex-Dividend Date Dec 30, 2024
Previous Close 54.82
YTD Return -0.85%
1-Year Return 3.78%
5-Year Return 10.10%
52-Week Low 53.81
52-Week High 57.56
Beta (5Y) n/a
Holdings 34
Inception Date Aug 1, 2019

About FRKMX

The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds in a manner that supports a withdrawal strategy to provide investors with income in retirement. The manager allocates assets according to a stable neutral asset allocation strategy.

Fund Family Fidelity
Category Target-Date Retirement
Performance Rating Low
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRKMX
Index Bloomberg U.S. Aggregate Bond TR

Performance

FRKMX had a total return of 3.78% in the past year. Since the fund's inception, the average annual return has been 2.45%, including dividends.

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%
FRIMX Fidelity Advisor Managed Retirement Income Fund: Class I 0.45%
FRAMX Fidelity Advisor Managed Retirement Income Fund: Class A 0.70%
FRYMX Fidelity Advisor Managed Retirement Income Fund: Class Z6 0.25%

Top 10 Holdings

78.98% of assets
Name Symbol Weight
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx FSTZX 20.51%
Fidelity Series Government Bond Index Fund FHNFX 12.98%
Fidelity Series Investment Grade Bond Fund FSIGX 12.56%
Fidelity Series Corporate Bond Fund FHMFX 8.29%
Fidelity Series Investment Grade Securitized Fund FHPFX 7.96%
Fidelity Series Emerging Markets Opportunities Fund FEMSX 4.12%
Fidelity Series Intl Dev Mkts Bd Idx FSTQX 4.01%
Fidelity Series Treasury Bill Index FHQFX 3.23%
Fidelity Series Large Cap Value Index Fund FIOOX 2.81%
Fidelity Series Long-Term Treasury Bond Index Fund FTLTX 2.52%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 30, 2024 $0.639 Dec 31, 2024
Nov 1, 2024 $0.152 Nov 4, 2024
Oct 4, 2024 $0.100 Oct 7, 2024
Sep 6, 2024 $0.103 Sep 9, 2024
Aug 2, 2024 $0.199 Aug 5, 2024
Jul 5, 2024 $0.080 Jul 8, 2024
Full Dividend History