Fidelity Managed Retirement 2030 (FMRAX)
The investment seeks total return until its horizon date through a combination of current income and capital growth. The fund invests primarily 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.
Fund Info
US31617L5333
31617L533
Aug 16, 2019
Large-Cap
Blend
Expense Ratio
FMRAX has an expense ratio of 0.48%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Fidelity Managed Retirement 2030 (FMRAX) returned 2.28% year-to-date (YTD) and 6.46% over the past 12 months.
FMRAX
2.28%
5.05%
0.01%
6.46%
5.39%
N/A
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of FMRAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.05% | 0.94% | -1.49% | 0.53% | 0.26% | 2.28% | |||||||
| 2024 | -0.09% | 1.45% | 2.11% | -2.90% | 2.94% | 1.00% | 2.12% | 1.53% | 1.85% | -2.43% | 2.09% | -2.48% | 7.19% |
| 2023 | 5.63% | -2.86% | 2.55% | 0.78% | -1.13% | 2.52% | 1.63% | -1.98% | -3.35% | -2.24% | 6.44% | 4.41% | 12.43% |
| 2022 | -3.13% | -2.04% | -0.77% | -5.57% | 0.13% | -5.45% | 4.75% | -3.22% | -7.97% | 2.14% | 6.33% | -2.79% | -17.09% |
| 2021 | -0.17% | 1.29% | 0.68% | 2.62% | 1.16% | 0.97% | 0.41% | 1.22% | -2.88% | 2.63% | -1.59% | -0.12% | 6.24% |
| 2020 | -0.57% | -3.20% | -9.01% | 6.32% | 3.18% | 2.49% | 3.61% | 3.08% | -2.03% | -1.04% | 7.55% | 1.77% | 11.60% |
| 2019 | 0.30% | 0.62% | 1.86% | 1.70% | 1.83% | 6.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 75, FMRAX is among the top 25% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Managed Retirement 2030 (FMRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Fidelity Managed Retirement 2030 provided a 2.32% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.28 | $0.25 | $0.29 | $0.27 | $0.12 | $0.13 |
Dividend yield | 2.32% | 2.50% | 2.31% | 3.00% | 2.23% | 1.05% | 1.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Managed Retirement 2030. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.03 | |||||||
| 2024 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.15 | $0.28 |
| 2023 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.15 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.09 | $0.01 | $0.16 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.11 | $0.00 | $0.15 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.00 | $0.09 | $0.12 |
| 2019 | $0.00 | $0.02 | $0.01 | $0.10 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Managed Retirement 2030. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Managed Retirement 2030 was 24.46%, occurring on Oct 14, 2022. Recovery took 537 trading sessions.
The current Fidelity Managed Retirement 2030 drawdown is 1.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.46% | Nov 10, 2021 | 234 | Oct 14, 2022 | 537 | Dec 6, 2024 | 771 |
| -20.01% | Feb 20, 2020 | 23 | Mar 23, 2020 | 83 | Jul 21, 2020 | 106 |
| -7.53% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -4.41% | Sep 3, 2020 | 14 | Sep 23, 2020 | 31 | Nov 5, 2020 | 45 |
| -4.26% | Dec 9, 2024 | 23 | Jan 13, 2025 | 23 | Feb 14, 2025 | 46 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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