FRAMX Performance — Fidelity Managed Retirement Income Fund, Class A
Data updated: 2026-06-26
FRAMX returned +2.58% year to date and +9.54% over one year to Apr 2026. Over one year the fund trailed its US Multi-Cap Blend category average: $100 grew to $110, against $120 for the category. Volatility over the past 12 months was 4.31% a year. In the 12 months to Apr 2026 the fund lost a net $5.7M, and assets reached $12.70M.
FRAMX Growth of $100
What $100 invested in Fidelity Managed Retirement 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 | FRAMX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $110 | $120 |
| 3 years (May 2023 – Apr 2026) | $33 | $142 |
| 5 years (May 2021 – Apr 2026) | $7 | $134 |
| Since data start (Aug 2019 – Apr 2026) | $2 | $167 |
FRAMX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.58% |
| 1 year | +9.54% |
3- and 5-year figures withheld: returns differ from sibling classes.
FRAMX Annual Returns
Calendar-year total returns of Fidelity Managed Retirement Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Apr) | +2.58% |
| 2025 | −2.59% |
| 2024 | −48.88% |
| 2023 | −47.04% |
| 2022 | −56.70% |
| 2021 | −49.63% |
| 2020 | −46.78% |
| 2019 (Aug–Dec) | −23.30% |
FRAMX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.1% | +1.6% | −2.5% | +2.4% | — | — | — | — | — | — | — | — |
| 2025 | −4.6% | −4.5% | −0.5% | +0.6% | +0.8% | +1.9% | 0.0% | +1.4% | +1.4% | +0.7% | +0.3% | +0.1% |
| 2024 | −5.9% | −5.7% | −4.5% | −7.6% | −4.0% | −5.0% | −4.0% | −4.5% | −4.4% | −7.6% | −4.6% | −7.3% |
| 2023 | −2.3% | −7.8% | −3.7% | −5.3% | −6.7% | −5.0% | −5.0% | −6.8% | −7.8% | −7.1% | −1.6% | −2.6% |
| 2022 | −7.5% | −6.9% | −7.0% | −9.0% | −5.5% | −8.7% | −3.2% | −8.0% | −10.4% | −5.5% | −1.8% | −7.0% |
| 2021 | −5.8% | −5.9% | −6.2% | −4.5% | −5.2% | −5.1% | −5.2% | −5.5% | −6.8% | −4.9% | −6.4% | −5.3% |
| 2020 | −5.3% | −6.2% | −9.5% | −3.2% | −4.4% | −4.5% | −3.7% | −4.9% | −6.3% | −6.2% | −2.8% | −4.3% |
| 2019 | — | — | — | — | — | — | — | −4.8% | −5.8% | −5.0% | −5.4% | −4.8% |
FRAMX Risk
Risk measures from monthly returns over May 2025 – Apr 2026.
- 1-year volatility (annualised): 4.31%
- Best month: +2.40% (Apr 2026)
- Worst month: −2.47% (Mar 2026)
FRAMX Fund Flows
Monthly money in and out of Fidelity Managed Retirement Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.7M
- 12-month gross sales (incl. reinvestments): $4.8M
- Sales ÷ redemptions: 0.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2026 | $909K | $2.5M | −$1.6M |
| Mar 2026 | $731K | $2.9M | −$2.1M |
| Feb 2026 | $134K | $588K | −$454K |
| Jan 2026 | −$494K | $65K | −$559K |
| Dec 2025 | $923K | $1.5M | −$538K |
| Nov 2025 | $161K | $182K | −$21K |
| Oct 2025 | $220K | $257K | −$37K |
| Sep 2025 | $486K | $187K | $299K |
| Aug 2025 | $347K | $378K | −$31K |
| Jul 2025 | $387K | $354K | $33K |
| Jun 2025 | $257K | $451K | −$194K |
| May 2025 | $708K | $1.1M | −$430K |
FRAMX Assets Under Management
Net assets of Fidelity Managed Retirement Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-04-30 | $12.70M |
| 2026-01-31 | $16.76M |
| 2025-10-31 | $17.89M |
| 2025-07-31 | $17.15M |
| 2025-04-30 | $17.37M |
| 2025-01-31 | $13.79M |
| 2024-10-31 | $13.61M |
| 2024-07-31 | $14.75M |
| 2024-04-30 | $14.47M |
| 2024-01-31 | $14.97M |
| 2023-10-31 | $14.16M |
| 2023-07-31 | $16.38M |
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.