FRHMX Performance — Fidelity Managed Retirement Income Fund, Class K6
Data updated: 2026-06-26
FRHMX returned +2.74% year to date and +10.02% over one year to Apr 2026. Annualised returns are +7.09% over 3 years and +2.97% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $123, against $142 for the category, and to $110 over one year, against $120. Volatility over the past three years was 5.36% a year. In the 12 months to Apr 2026 the fund lost a net $5.7M, and assets reached $12.70M.
FRHMX 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 | FRHMX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $110 | $120 |
| 3 years (May 2023 – Apr 2026) | $123 | $142 |
| 5 years (May 2021 – Apr 2026) | $116 | $134 |
| Since data start (Sep 2019 – Apr 2026) | $130 | $169 |
FRHMX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.74% |
| 1 year | +10.02% |
| 3 years (annualised) | +7.09% |
| 5 years (annualised) | +2.97% |
FRHMX 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) | +2.74% |
| 2025 | +10.15% |
| 2024 | +4.50% |
| 2023 | +8.28% |
| 2022 | −11.48% |
| 2021 | +2.99% |
| 2020 | +8.80% |
| 2019 (Sep–Dec) | +2.25% |
FRHMX 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 | +1.2% | +1.6% | −2.4% | +2.4% | — | — | — | — | — | — | — | — |
| 2025 | +1.3% | +1.4% | −0.4% | +0.6% | +0.8% | +1.9% | +0.1% | +1.4% | +1.4% | +0.8% | +0.4% | +0.2% |
| 2024 | −0.1% | +0.1% | +1.3% | −1.9% | +1.9% | +0.9% | +1.9% | +1.3% | +1.5% | −2.0% | +1.3% | −1.6% |
| 2023 | +3.7% | −2.2% | +2.2% | +0.6% | −1.0% | +0.9% | +0.8% | −1.0% | −2.2% | −1.4% | +4.5% | +3.4% |
| 2022 | −1.8% | −1.1% | −1.3% | −3.4% | +0.4% | −3.1% | +2.7% | −2.4% | −4.9% | +0.3% | +4.2% | −1.3% |
| 2021 | −0.1% | −0.1% | −0.4% | +1.4% | +0.7% | +0.7% | +0.7% | +0.4% | −1.1% | +1.0% | −0.7% | +0.5% |
| 2020 | +0.5% | −0.5% | −3.9% | +2.7% | +1.5% | +1.4% | +2.2% | +0.9% | −0.6% | −0.4% | +3.1% | +1.6% |
| 2019 | — | — | — | — | — | — | — | — | 0.0% | +0.8% | +0.4% | +1.0% |
FRHMX Risk
Risk measures from monthly returns over May 2023 – Apr 2026.
- 3-year volatility (annualised): 5.36%
- 3-year Sharpe ratio: 0.48 (vs 4.5% risk-free rate)
- Best month: +4.46% (Nov 2023)
- Worst month: −2.44% (Mar 2026)
FRHMX 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 |
FRHMX 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.