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Fidelity Managed Retirement 2030 (FMRAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US31617L5333

CUSIP

31617L533

Issuer

Blackrock

Inception Date

Aug 16, 2019

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FMRAX features an expense ratio of 0.48%, falling within the medium range.


Expense ratio chart for FMRAX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FMRAX vs. FCTDX FMRAX vs. FBALX
Popular comparisons:
FMRAX vs. FCTDX FMRAX vs. FBALX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Managed Retirement 2030, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
26.22%
100.80%
FMRAX (Fidelity Managed Retirement 2030)
Benchmark (^GSPC)

Returns By Period

Fidelity Managed Retirement 2030 had a return of 7.27% year-to-date (YTD) and 7.86% in the last 12 months.


FMRAX

YTD

7.27%

1M

-0.70%

6M

2.03%

1Y

7.86%

5Y*

3.46%

10Y*

N/A

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.09%1.46%2.11%-2.90%2.94%0.99%2.12%1.53%1.85%-2.43%2.09%7.27%
20235.63%-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%6.25%
2020-0.57%-3.21%-9.01%6.32%3.18%2.49%3.61%3.08%-2.03%-1.04%7.55%1.77%11.60%
20190.30%0.62%1.86%1.70%1.83%6.46%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FMRAX is 51, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FMRAX is 5151
Overall Rank
The Sharpe Ratio Rank of FMRAX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of FMRAX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FMRAX is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FMRAX is 4848
Calmar Ratio Rank
The Martin Ratio Rank of FMRAX is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for FMRAX, currently valued at 1.12, compared to the broader market-1.000.001.002.003.004.001.121.90
The chart of Sortino ratio for FMRAX, currently valued at 1.60, compared to the broader market-2.000.002.004.006.008.0010.001.602.54
The chart of Omega ratio for FMRAX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.35
The chart of Calmar ratio for FMRAX, currently valued at 0.70, compared to the broader market0.005.0010.0015.000.702.81
The chart of Martin ratio for FMRAX, currently valued at 6.25, compared to the broader market0.0020.0040.0060.006.2512.39
FMRAX
^GSPC

The current Fidelity Managed Retirement 2030 Sharpe ratio is 1.12. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Managed Retirement 2030 with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.12
1.90
FMRAX (Fidelity Managed Retirement 2030)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Managed Retirement 2030 provided a 2.44% dividend yield over the last twelve months, with an annual payout of $0.28 per share.


1.00%1.50%2.00%2.50%3.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.3020192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$0.28$0.25$0.29$0.27$0.12$0.13

Dividend yield

2.44%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.01$0.01$0.01$0.02$0.01$0.01$0.02$0.01$0.02$0.02$0.00$0.13
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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.15%
-3.58%
FMRAX (Fidelity Managed Retirement 2030)
Benchmark (^GSPC)

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 540 trading sessions.

The current Fidelity Managed Retirement 2030 drawdown is 3.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.46%Nov 10, 2021234Oct 14, 2022540Dec 6, 2024774
-20.01%Feb 20, 202023Mar 23, 202083Jul 21, 2020106
-4.41%Sep 3, 202014Sep 23, 202031Nov 5, 202045
-3.54%Sep 7, 202120Oct 4, 202124Nov 5, 202144
-3.3%Feb 17, 202112Mar 4, 202129Apr 15, 202141

Volatility

Volatility Chart

The current Fidelity Managed Retirement 2030 volatility is 2.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.18%
3.64%
FMRAX (Fidelity Managed Retirement 2030)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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