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 2060 Fund | 0.01% | — | Feb 2013 | FRKMX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FRKMX vs LTIUX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FRKMX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FRKMX vs LTRIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | FRKMX vs LTSTX |
Best Risk-Adjusted Alternatives to FRKMX
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 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 87 | — | Sep 2014 | FRKMX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 86 | — | Jul 2008 | FRKMX vs URFRX | |
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | FRKMX vs URINX | |
| USAA Target Retirement 2050 Fund | 86 | — | Jul 2008 | FRKMX vs URFFX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | FRKMX vs SSBRX |
Top Performing FRKMX 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 14.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 14.49% | — | Jul 2013 | FRKMX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.31% | — | Jun 2017 | FRKMX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.25% | — | Jun 2019 | FRKMX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 14.22% | — | Jun 2019 | FRKMX vs FFSZX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.22% | — | Aug 2014 | FRKMX vs FVTKX |
Lowest Volatility Alternatives to FRKMX
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 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | FRKMX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.45% | — | Oct 2009 | FRKMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FRKMX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | FRKMX vs DRIQX | |
| MFS Lifetime Income Fund | 4.52% | — | Sep 2005 | FRKMX vs MLLIX |
Lowest Drawdown Alternatives to FRKMX
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 | FRKMX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FRKMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FRKMX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FRKMX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FRKMX 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 FRKMX
Investors most often compare FRKMX with FCQTX, TBLYX, TRRLX. 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