Fidelity Managed Retirement Inc K (FRKMX)

Fund Assets	17.82M
Expense Ratio	0.35%
Min. Investment	$0.00
Turnover	52.00%
Dividend (ttm)	1.75
Dividend Yield	2.89%
Dividend Growth	16.27%
Payout Frequency	n/a
Ex-Dividend Date	Jun 10, 2026

Previous Close	60.36
YTD Return	3.65%
1-Year Return	9.61%
5-Year Return	14.67%
52-Week Low	57.02
52-Week High	60.81
Beta (5Y)	n/a
Holdings	35
Inception Date	Aug 1, 2019

About FRKMX

Fidelity Managed Retirement Income Fund - Class K is a target-date mutual fund designed to provide retirees with a stable source of income, while also seeking modest capital appreciation. Its primary function is to facilitate systematic withdrawals for investors who are in retirement or approaching retirement age. The fund achieves this objective by investing across a carefully managed allocation of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds, providing broad diversification and balancing income potential with risk management. Over time, the asset mix is dynamically adjusted to maintain a strategy suited to sustaining regular withdrawals, aiming for consistency in retirement income. This fund plays a key role in retirement planning for employer-sponsored retirement plans, offering a turnkey solution for retirees to convert accumulated savings into ongoing distributions, all managed by Fidelity’s experienced team. Its structure and purpose reflect the growing demand for dedicated retirement income solutions in the asset management industry, helping retirees effectively navigate the decumulation phase with professional asset allocation and oversight.

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

Performance

FRKMX had a total return of 9.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.

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%

Top 10 Holdings

77.66% of assets

Name	Symbol	Weight
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx	FSTZX	18.20%
Fidelity Series Government Bond Index Fund	FHNFX	13.40%
Fidelity Series Investment Grade Bond Fund	FSIGX	12.31%
Fidelity Series Corporate Bond Fund	FHMFX	7.97%
Fidelity Series Investment Grade Securitized Fund	FHPFX	7.38%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	4.93%
Fidelity Series Treasury Bill Index	FHQFX	4.16%
Fidelity Series Emerging Markets Opportunities Fund	FEMSX	4.06%
Fidelity Series Large Cap Value Index Fund	FIOOX	2.82%
Fidelity Series Long-Term Treasury Bond Index Fund	FTLTX	2.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 10, 2026	$0.192	Jun 11, 2026
May 1, 2026	$0.139	May 4, 2026
Apr 1, 2026	$0.106	Apr 2, 2026
Mar 6, 2026	$0.089	Mar 9, 2026
Feb 6, 2026	$0.071	Feb 9, 2026
Dec 30, 2025	$0.750	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 27, 2026

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