Fidelity Managed Retirement Inc K (FRKMX)
| Fund Assets | 17.82M |
| Expense Ratio | 0.35% |
| Min. Investment | $0.00 |
| Turnover | 52.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 3.36% |
| Dividend Growth | 16.79% |
| Payout Frequency | Monthly |
| 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.
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%.
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 |