Fidelity Managed Retirement Income Fund (FIRMX) Alternatives

Fidelity Managed Retirement Income Fund (FIRMX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FIRMX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FIRMX

FIRMX charges 0.45% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among FIRMX alternatives.

Symbol	Name	Expense Ratio	Inception
LTIUX	Principal LifeTime 2035 Fund	0.01%	Feb 28, 2008	FIRMX vs LTIUX
PMTIX	Principal LifeTime 2030 Fund	0.01%	Feb 28, 2001	FIRMX vs PMTIX
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	0.01%	Mar 25, 2014	FIRMX vs JLKYX
LTRIX	Principal LifeTime 2045 Fund	0.01%	Feb 28, 2008	FIRMX vs LTRIX
FCQTX	American Funds 2065 Target Date Retirement Fund	0.01%	Mar 26, 2020	FIRMX vs FCQTX

Best Risk-Adjusted Alternatives to FIRMX

Among mutual funds in the Target Retirement Date category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
URINX	USAA Target Retirement Income Fund	86	Jul 30, 2008	FIRMX vs URINX
PADLX	Putnam Retirement Advantage Maturity Fund	86	Dec 30, 2019	FIRMX vs PADLX
FYTKX	Fidelity Freedom Income Fund Class K6	84	Oct 17, 1996	FIRMX vs FYTKX
SSFNX	State Street Target Retirement Fund	84	Sep 29, 2014	FIRMX vs SSFNX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	84	Aug 1, 2019	FIRMX vs FRHMX

Top Performing FIRMX Alternatives (YTD)

FIRMX alternatives from the Target Retirement Date category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
PDAHX	Prudential Day One Income Fund	0.08%	Dec 12, 2016	FIRMX vs PDAHX
SSFNX	State Street Target Retirement Fund	-0.35%	Sep 29, 2014	FIRMX vs SSFNX
TDIFX	Dimensional Retirement Income Fund	-0.37%	Nov 1, 2015	FIRMX vs TDIFX
PDDDX	Prudential Day One 2020 Fund	-0.38%	Dec 12, 2016	FIRMX vs PDDDX
FYTKX	Fidelity Freedom Income Fund Class K6	-0.40%	Oct 17, 1996	FIRMX vs FYTKX

Lowest Volatility Alternatives to FIRMX

FIRMX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
TDIFX	Dimensional Retirement Income Fund	4.31%	Nov 1, 2015	FIRMX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.34%	Oct 2, 2009	FIRMX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.35%	Oct 2, 2009	FIRMX vs FFGZX
FRKMX	Fidelity Managed Retirement Income Fund Class K	4.58%	Aug 1, 2019	FIRMX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.59%	Aug 30, 2007	FIRMX vs FRAMX

Lowest Drawdown Alternatives to FIRMX

FIRMX alternatives from the Target Retirement Date category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
TDIFX	Dimensional Retirement Income Fund	-2.84%	Nov 1, 2015	FIRMX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	-3.32%	Oct 2, 2009	FIRMX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	Oct 2, 2009	FIRMX vs FFGZX
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	-3.41%	Aug 1, 2019	FIRMX vs FRQHX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	-3.42%	Aug 1, 2019	FIRMX vs FRHMX

Other Mutual Funds from BlackRock

Most popular BlackRock mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	51	-9.12%	Jan 18, 2000	FIRMX vs NASDX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	7	-11.11%	Feb 4, 2004	FIRMX vs VFAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio	68	-3.56%	Sep 6, 1994	FIRMX vs VTMFX
VTCLX	Vanguard Tax-Managed Capital Appreciation Fund Adm...	Large Cap Blend Equities	46	-6.78%	Sep 6, 1994	FIRMX vs VTCLX
WFSPX	iShares S&P 500 Index Fund	S&P 500	46	-7.06%	Jul 30, 1993	FIRMX vs WFSPX
ECAT	BlackRock ESG Capital Allocation Term Trust	Derivative Income, ESG	16	-6.71%	Sep 28, 2021	FIRMX vs ECAT
LIVIX	BlackRock LifePath Index 2055 Fund	Target Retirement Date	62	-4.27%	May 30, 2011	FIRMX vs LIVIX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio	70	-2.99%	Dec 30, 1991	FIRMX vs FASGX
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	8	6.59%	Jul 30, 2010	FIRMX vs ASFYX
BDJ	BlackRock Enhanced Equity Dividend Fund	Derivative Income	27	-7.23%	Aug 30, 2005	FIRMX vs BDJ

Often Compared With FIRMX

What investors most often compare with FIRMX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FIRMX vs FZROX
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	FIRMX vs FXAIX
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	FIRMX vs SPY
VTINX	Vanguard Target Retirement Income Fund	Diversified Portfolio, Target Retirement Date	83	-1.40%	Oct 27, 2003	FIRMX vs VTINX
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	S&P 500, Dividend	20	4.64%	Oct 18, 2012	FIRMX vs SPHD
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	FIRMX vs VOO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	FIRMX vs SCHD
FFFYX	Fidelity Advisor Freedom 2050 Fund Class C	Target Retirement Date	77	-4.13%	Jun 1, 2006	FIRMX vs FFFYX
FFFAX	Fidelity Freedom Income Fund	Target Retirement Date	83	-0.53%	Oct 17, 1996	FIRMX vs FFFAX
PLTHX	Principal LifeTime Hybrid 2060 Fund	Target Retirement Date	57	-4.47%	Sep 29, 2014	FIRMX vs PLTHX
TBLNX	T. Rowe Price Retirement Blend 2060 Fund	Target Retirement Date	52	-3.89%	Jul 25, 2021	FIRMX vs TBLNX
TCLTX	TIAA-CREF Lifecycle 2020 Fund	Target Retirement Date	67	-2.54%	Oct 14, 2004	FIRMX vs TCLTX
TLTIX	TIAA-CREF Lifecycle Index 2010 Fund	Target Retirement Date	78	-1.63%	Sep 29, 2009	FIRMX vs TLTIX
LPWRX	BlackRock LifePath Dynamic 2065 Fund	Target Retirement Date	48	-4.46%	Oct 29, 2019	FIRMX vs LPWRX
PHTFX	Principal LifeTime Hybrid Income Fund	Target Retirement Date	73	-1.55%	Sep 29, 2014	FIRMX vs PHTFX
FMRFX	Fidelity Managed Retirement 2030 Fund Class K6	Target Retirement Date	72	-1.59%	Aug 16, 2019	FIRMX vs FMRFX
LTTIX	MFS Lifetime 2025 Fund	Target Retirement Date	74	-0.84%	Nov 1, 2012	FIRMX vs LTTIX
TBLGX	T. Rowe Price Retirement Blend 2030 Fund	Target Retirement Date	61	-2.62%	Jul 25, 2021	FIRMX vs TBLGX
TBLEX	T. Rowe Price Retirement Blend 2025 Fund	Target Retirement Date	65	-2.19%	Jul 25, 2021	FIRMX vs TBLEX
PTDIX	Principal LifeTime 2040 Fund	Target Retirement Date	42	-4.20%	Feb 28, 2001	FIRMX vs PTDIX

Compare FIRMX with Any Fund or Stock

Compare FIRMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Fidelity Managed Retirement Income Fund

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