Fidelity Managed Retirement Income Fund Class K (FRKMX) 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 FRKMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRKMX
FRKMX charges 0.35% annually. There are 283 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FRKMX vs PPLIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FRKMX vs JIEHX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FRKMX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FRKMX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FRKMX vs LTIUX |
Best Risk-Adjusted Alternatives to FRKMX
Among 655 mutual funds in the Target Retirement Date category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | FRKMX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 86 | — | Aug 2007 | FRKMX vs FRAMX | |
| State Street Target Retirement Fund | 85 | — | Sep 2014 | FRKMX vs SSFNX | |
| Prudential Day One Income Fund | 84 | — | Dec 2016 | FRKMX vs PDAHX | |
| Dimensional Retirement Income Fund | 83 | — | Nov 2015 | FRKMX vs TDIFX |
Top Performing FRKMX Alternatives (YTD)
Among 655 mutual funds in the Target Retirement Date category with YTD return data, the top-performing alternatives shown here go 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 | FRKMX vs FRAMX | |
| Fidelity Flex Freedom Blend 2060 Fund | 13.36% | — | Jun 2017 | FRKMX vs FWLSX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.32% | — | Aug 2014 | FRKMX vs FVTKX | |
| Fidelity Flex Freedom Blend 2065 Fund | 13.32% | — | Jun 2019 | FRKMX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 13.30% | — | Jun 2019 | FRKMX vs FFSZX |
Lowest Volatility Alternatives to FRKMX
Among 655 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 | FRKMX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FRKMX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | FRKMX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FRKMX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | FRKMX vs FIKFX |
Lowest Drawdown Alternatives to FRKMX
Among 655 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 | FRKMX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FRKMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FRKMX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | FRKMX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | FRKMX vs FRIMX |
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 | 41 | 15.39% | — | Sep 2021 | FRKMX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 66 | 10.86% | — | Jul 1993 | FRKMX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | FRKMX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 65 | 11.83% | — | May 2011 | FRKMX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 75 | 11.27% | — | Dec 1991 | FRKMX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 58 | 10.47% | — | Jul 2010 | FRKMX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 47 | 6.76% | — | Aug 2005 | FRKMX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 47 | 32.23% | — | Apr 2000 | FRKMX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 78 | 7.07% | — | Oct 2007 | FRKMX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 74 | 13.41% | — | Sep 1999 | FRKMX vs FAMRX |
Often Compared With FRKMX
Investors most often compare FRKMX with TBLYX, FCQTX, FHNDX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FRKMX with Any Fund or Stock
Compare FRKMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRKMX with funds that move differently
Fidelity Managed Retirement Income Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRKMX.
Explore FRKMX Diversifiers