Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) 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 FRIMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRIMX
FRIMX charges 0.45% annually. There are 365 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FRIMX vs FCQTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FRIMX vs PPLIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FRIMX vs JIEHX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FRIMX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FRIMX vs PMTIX |
Best Risk-Adjusted Alternatives to FRIMX
FRIMX has a PortfoliosLab risk / return rank of 71. There are 61 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | FRIMX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | FRIMX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | FRIMX vs SSFNX | |
| Prudential Day One Income Fund | 82 | — | Dec 2016 | FRIMX vs PDAHX | |
| Dimensional Retirement Income Fund | 81 | — | Nov 2015 | FRIMX vs TDIFX |
Top Performing FRIMX Alternatives (YTD)
FRIMX is at 3.59% YTD. There are 634 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | FRIMX vs FRAMX | |
| USAA Target Retirement 2060 Fund | 12.78% | — | Jul 2013 | FRIMX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.62% | — | Jun 2017 | FRIMX vs FWLSX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.58% | — | Jun 2019 | FRIMX vs FFSZX | |
| Fidelity Freedom 2055 Fund Class K6 | 12.56% | — | Jun 2011 | FRIMX vs FCTKX |
Lowest Volatility Alternatives to FRIMX
FRIMX has 4.32% 1-year volatility. There is 1 mutual fund in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | FRIMX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FRIMX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FRIMX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | FRIMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.40% | — | Oct 2009 | FRIMX vs FFGZX |
Lowest Drawdown Alternatives to FRIMX
FRIMX has a 1-year max drawdown of -3.44%. There are 4 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FRIMX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FRIMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FRIMX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | FRIMX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.45% | — | Aug 2007 | FRIMX vs FRAMX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 40 | 15.17% | — | Sep 2021 | FRIMX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 62 | 10.45% | — | Jul 1993 | FRIMX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.18% | — | Dec 2012 | FRIMX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 60 | 11.17% | — | May 2011 | FRIMX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 71 | 10.57% | — | Dec 1991 | FRIMX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 56 | 10.47% | — | Jul 2010 | FRIMX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 45 | 6.96% | — | Aug 2005 | FRIMX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 40 | 28.69% | — | Apr 2000 | FRIMX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 75 | 6.57% | — | Oct 2007 | FRIMX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 69 | 12.59% | — | Sep 1999 | FRIMX vs FAMRX |
Often Compared With FRIMX
Investors most often compare FRIMX with LTSTX, PLTHX, FAFAX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FRIMX with Any Fund or Stock
Compare FRIMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRIMX with funds that move differently
Fidelity Advisor Managed Retirement Income Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRIMX.
Explore FRIMX Diversifiers