PLSIX vs. FRKMX
Compare and contrast key facts about Principal LifeTime Strategic Income Fund (PLSIX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
PLSIX is managed by Principal. It was launched on Feb 28, 2001. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
PLSIX vs. FRKMX - Performance Comparison
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PLSIX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PLSIX Principal LifeTime Strategic Income Fund | -1.90% | 10.46% | 8.16% | 10.93% | -13.11% | 4.40% | 10.19% | 3.12% |
FRKMX Fidelity Managed Retirement Income Fund Class K | -0.48% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, PLSIX achieves a -1.90% return, which is significantly lower than FRKMX's -0.48% return.
PLSIX
- 1D
- 0.18%
- 1M
- -4.13%
- YTD
- -1.90%
- 6M
- -0.59%
- 1Y
- 7.11%
- 3Y*
- 7.77%
- 5Y*
- 3.39%
- 10Y*
- 4.73%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
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PLSIX vs. FRKMX - Expense Ratio Comparison
PLSIX has a 0.02% expense ratio, which is lower than FRKMX's 0.35% expense ratio.
Return for Risk
PLSIX vs. FRKMX — Risk / Return Rank
PLSIX
FRKMX
PLSIX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Strategic Income Fund (PLSIX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). 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.
| PLSIX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 1.59 | -0.46 |
Sortino ratioReturn per unit of downside risk | 1.59 | 2.20 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.13 | -0.73 |
Martin ratioReturn relative to average drawdown | 6.12 | 8.58 | -2.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLSIX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.59 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.48 | +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 | 0.44 | 0.69 | -0.25 |
Correlation
The correlation between PLSIX and FRKMX is 0.89, 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
PLSIX vs. FRKMX - Dividend Comparison
PLSIX's dividend yield for the trailing twelve months is around 5.90%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLSIX Principal LifeTime Strategic Income Fund | 5.90% | 5.79% | 6.17% | 2.59% | 5.27% | 7.76% | 3.80% | 5.45% | 7.67% | 4.76% | 2.50% | 2.11% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.27% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PLSIX vs. FRKMX - Drawdown Comparison
The maximum PLSIX drawdown since its inception was -40.52%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for PLSIX and FRKMX.
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Drawdown Indicators
| PLSIX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.52% | -16.04% | -24.48% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -3.42% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -17.93% | -16.04% | -1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -17.93% | — | — |
Current DrawdownCurrent decline from peak | -4.13% | -3.17% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -3.64% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 0.85% | +0.28% |
Volatility
PLSIX vs. FRKMX - Volatility Comparison
Principal LifeTime Strategic Income Fund (PLSIX) has a higher volatility of 2.41% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that PLSIX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLSIX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.41% | 1.96% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 3.88% | 2.86% | +1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.50% | 4.58% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.76% | 5.22% | +1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.82% | 5.13% | +0.69% |