FRKMX vs. PBRNX
Compare and contrast key facts about Fidelity Managed Retirement Income Fund Class K (FRKMX) and PIMCO RealPath Blend Income Fund (PBRNX).
FRKMX is managed by BlackRock. It was launched on Aug 1, 2019. PBRNX is managed by PIMCO. It was launched on Dec 30, 2014.
Performance
FRKMX vs. PBRNX - Performance Comparison
Loading graphics...
FRKMX vs. PBRNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
PBRNX PIMCO RealPath Blend Income Fund | -0.60% | 13.57% | 5.63% | 12.03% | -16.09% | 9.00% | 13.87% | 4.99% |
Returns By Period
In the year-to-date period, FRKMX achieves a 0.27% return, which is significantly higher than PBRNX's -0.60% return.
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
- —
PBRNX
- 1D
- 1.24%
- 1M
- -3.72%
- YTD
- -0.60%
- 6M
- 1.01%
- 1Y
- 9.97%
- 3Y*
- 8.17%
- 5Y*
- 3.83%
- 10Y*
- 6.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRKMX vs. PBRNX - Expense Ratio Comparison
FRKMX has a 0.35% expense ratio, which is higher than PBRNX's 0.03% expense ratio.
Return for Risk
FRKMX vs. PBRNX — Risk / Return Rank
FRKMX
PBRNX
FRKMX vs. PBRNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement Income Fund Class K (FRKMX) and PIMCO RealPath Blend Income Fund (PBRNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FRKMX | PBRNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.30 | +0.42 |
Sortino ratioReturn per unit of downside risk | 2.41 | 1.82 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.26 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.80 | +0.55 |
Martin ratioReturn relative to average drawdown | 9.34 | 7.13 | +2.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FRKMX | PBRNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.30 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.46 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.73 | -0.03 |
Correlation
The correlation between FRKMX and PBRNX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FRKMX vs. PBRNX - Dividend Comparison
FRKMX's dividend yield for the trailing twelve months is around 3.25%, less than PBRNX's 4.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
PBRNX PIMCO RealPath Blend Income Fund | 4.21% | 4.19% | 4.56% | 4.16% | 3.63% | 5.95% | 4.29% | 4.42% | 2.48% | 2.16% | 3.17% | 2.57% |
Drawdowns
FRKMX vs. PBRNX - Drawdown Comparison
The maximum FRKMX drawdown since its inception was -16.04%, smaller than the maximum PBRNX drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for FRKMX and PBRNX.
Loading graphics...
Drawdown Indicators
| FRKMX | PBRNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.04% | -21.90% | +5.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.42% | -5.86% | +2.44% |
Max Drawdown (5Y)Largest decline over 5 years | -16.04% | -21.90% | +5.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.90% | — |
Current DrawdownCurrent decline from peak | -2.44% | -4.17% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -3.83% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 1.48% | -0.62% |
Volatility
FRKMX vs. PBRNX - Volatility Comparison
The current volatility for Fidelity Managed Retirement Income Fund Class K (FRKMX) is 2.14%, while PIMCO RealPath Blend Income Fund (PBRNX) has a volatility of 3.42%. This indicates that FRKMX experiences smaller price fluctuations and is considered to be less risky than PBRNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FRKMX | PBRNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 3.42% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 4.87% | -1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 7.95% | -3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.23% | 8.35% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.14% | 7.88% | -2.74% |