FIRNX Performance — Fidelity Simplicity RMD Income Fund
Data updated: 2024-12-27
FIRNX returned +13.25% over one year to Oct 2024. Annualised returns are +0.18% over 3 years and +2.81% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $101, against $108 for the category, and to $113 over one year, against $122. Volatility over the past three years was 7.63% a year. In the 12 months to Oct 2024 the fund lost a net $6.3M, and assets reached $28.20M.
FIRNX Growth of $100
What $100 invested in Fidelity Simplicity RMD Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | FIRNX | Category average |
|---|---|---|
| 1 year (Nov 2023 – Oct 2024) | $113 | $122 |
| 3 years (Nov 2021 – Oct 2024) | $101 | $108 |
| 5 years (Nov 2019 – Oct 2024) | $115 | $139 |
| Since data start (Aug 2019 – Oct 2024) | $117 | $141 |
FIRNX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +13.25% |
| 3 years (annualised) | +0.18% |
| 5 years (annualised) | +2.81% |
FIRNX Annual Returns
Calendar-year total returns of Fidelity Simplicity RMD Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +4.88% |
| 2023 | +8.30% |
| 2022 | −11.33% |
| 2021 | +3.10% |
| 2020 | +8.99% |
| 2019 (Aug–Dec) | +3.32% |
FIRNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.1% | +0.1% | +1.4% | −2.0% | +2.0% | +0.9% | +1.8% | +1.3% | +1.4% | −2.0% | — | — |
| 2023 | +3.7% | −2.1% | +2.1% | +0.6% | −1.0% | +0.9% | +0.8% | −1.0% | −2.2% | −1.4% | +4.4% | +3.4% |
| 2022 | −1.8% | −1.1% | −1.3% | −3.4% | +0.3% | −3.1% | +2.7% | −2.3% | −4.9% | +0.4% | +4.2% | −1.3% |
| 2021 | 0.0% | 0.0% | −0.4% | +1.4% | +0.7% | +0.7% | +0.6% | +0.3% | −1.1% | +1.0% | −0.7% | +0.5% |
| 2020 | +0.5% | −0.6% | −4.5% | +3.0% | +1.7% | +1.7% | +2.3% | +1.0% | −0.6% | −0.4% | +3.2% | +1.7% |
| 2019 | — | — | — | — | — | — | — | +0.9% | 0.0% | +0.8% | +0.4% | +1.1% |
FIRNX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2024.
- 3-year volatility (annualised): 7.63%
- 3-year Sharpe ratio: -0.57 (vs 4.5% risk-free rate)
- Best month: +4.44% (Nov 2023)
- Worst month: −4.87% (Sep 2022)
FIRNX Fund Flows
Monthly money in and out of Fidelity Simplicity RMD Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$6.3M
- 12-month gross sales (incl. reinvestments): $1.6M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Oct 2024 | $57K | $232K | −$174K |
| Sep 2024 | $58K | $843K | −$784K |
| Aug 2024 | $174K | $285K | −$111K |
| Jul 2024 | $94K | $363K | −$268K |
| Jun 2024 | $45K | $759K | −$714K |
| May 2024 | $71K | $463K | −$392K |
| Apr 2024 | $199K | $519K | −$320K |
| Mar 2024 | $59K | $326K | −$267K |
| Feb 2024 | $33K | $691K | −$659K |
| Jan 2024 | $4K | $1.9M | −$1.9M |
| Dec 2023 | $569K | $967K | −$398K |
| Nov 2023 | $258K | $547K | −$289K |
FIRNX Assets Under Management
Net assets of Fidelity Simplicity RMD Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-10-31 | $28.20M |
| 2024-07-31 | $29.24M |
| 2024-04-30 | $29.42M |
| 2024-01-31 | $30.94M |
| 2023-10-31 | $31.60M |
| 2023-07-31 | $35.13M |
| 2023-04-30 | $35.46M |
| 2023-01-31 | $36.55M |
| 2022-10-31 | $36.61M |
| 2022-07-31 | $40.61M |
| 2022-04-30 | $41.99M |
| 2022-01-31 | $44.96M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.