Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) 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 FRAMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRAMX
FRAMX charges 0.70% annually. There are 523 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | FRAMX vs JRLVX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FRAMX vs LTRIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FRAMX vs JIEHX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FRAMX vs PPLIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FRAMX vs FCQTX |
Best Risk-Adjusted Alternatives to FRAMX
Among 650 mutual funds in the Target Retirement Date category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | FRAMX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FRAMX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FRAMX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 83 | — | Sep 2014 | FRAMX vs SSBRX | |
| USAA Target Retirement 2030 Fund | 83 | — | Jul 2008 | FRAMX vs URTRX |
Top Performing FRAMX Alternatives (YTD)
Among 650 mutual funds in the Target Retirement Date category with YTD return data, the top-performing alternatives shown here go as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | FRAMX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FRAMX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.89% | — | Jun 2017 | FRAMX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.86% | — | Jun 2019 | FRAMX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.80% | — | Jun 2017 | FRAMX vs FQLSX |
Lowest Volatility Alternatives to FRAMX
Among 650 mutual funds in the Target Retirement Date category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | FRAMX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.43% | — | Oct 2009 | FRAMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.46% | — | Oct 2009 | FRAMX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | FRAMX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | FRAMX vs DRIQX |
Lowest Drawdown Alternatives to FRAMX
Among 650 mutual funds in the Target Retirement Date category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FRAMX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FRAMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FRAMX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FRAMX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FRAMX vs PRMYX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
Often Compared With FRAMX
Investors most often compare FRAMX with PLTHX, TCLTX, JLKYX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FRAMX with Any Fund or Stock
Compare FRAMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRAMX with funds that move differently
Fidelity Advisor Managed Retirement Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRAMX.
Explore FRAMX Diversifiers