Fidelity Managed Retirement Income Fund (FIRMX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fidelity Managed Retirement Income Fund (FIRMX) trades at $60.37 with AI Score 47/100 (Grade C). Fidelity Managed Retirement Income Fund (FIRMX) aims for high current income and capital appreciation by investing in a mix… Market cap: $17.0M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for FIRMX: FIRMX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FIRMX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FIRMX: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Fidelity Managed Retirement Income Fund (FIRMX) Financial Services Profile
Fidelity Managed Retirement Income Fund (FIRMX) seeks high current income and capital appreciation through a diversified portfolio of Fidelity funds, targeting investors in retirement with a stable asset allocation strategy, distinguishing itself within the asset management sector by focusing on income generation for retirees.
What Is the Investment Thesis for FIRMX?
Fidelity Managed Retirement Income Fund (FIRMX), with a market capitalization of $17.0M and a beta of 0.58, presents a conservative investment option for income-seeking retirees. The fund's primary objective is high current income, supported by a secondary goal of capital appreciation. The stable neutral asset allocation strategy offers predictability, which is attractive to risk-averse investors. A key value driver is the diversification across various Fidelity funds, mitigating risk compared to single-asset investments. Growth catalysts include increasing demand for retirement income solutions as the population ages. However, the absence of dividends may deter some investors seeking immediate returns. The fund's performance is closely tied to the performance of the underlying Fidelity funds and overall market conditions.
Based on FMP financials and quantitative analysis
FIRMX Key Highlights
Market capitalization of $17.0M indicates a smaller fund size within the asset management industry.
- Beta of 0.58 suggests lower volatility compared to the overall market, appealing to risk-averse investors.
- The fund's primary objective is high current income, catering to the needs of retirees.
- Invests in a combination of Fidelity funds, providing diversification across asset classes.
- Operates under a stable neutral asset allocation strategy, offering predictability in asset allocation.
Who Are FIRMX's Competitors?
FIRMX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNGLX Commonwealth Global Fund | $23.25 | -0.47% | $18.4M | 46 |
| EAPDX Parametric Dividend Income Fund | $15.92 | -0.06% | $15.3M | 51 |
| FIRVX Fidelity Managed Retirement 2020 Fund | $60.36 | +0.17% | $11.1M | 47 |
| FRIMX Fidelity Advisor Managed Retirement Income Fund | $60.45 | +0.07% | $17.0M | 47 |
| FSIKX Fidelity Sustainable Intermediate Municipal Income Fund | $10.08 | -0.10% | $26.0M | 49 |
| ICTVX ICON Utilities and Income Fund Investor | $11.25 | +0.09% | $53.6M | 55 |
| JMM Nuveen Multi-Market Income Fund | $5.76 | -0.51% | $54.5M | 56 |
| PGZ Principal Real Estate Income Fund | $10.01 | -0.60% | $67.0M | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FIRMX's Key Strengths?
Strong brand reputation of Fidelity Investments.
- Diversified portfolio of Fidelity funds.
- Stable neutral asset allocation strategy.
- Focus on high current income for retirees.
What Are FIRMX's Weaknesses?
Absence of dividends may deter some investors.
- Performance is dependent on the performance of underlying Fidelity funds.
- Smaller market capitalization compared to larger asset managers.
- Vulnerable to market fluctuations and interest rate changes.
What Could Drive FIRMX Stock Higher?
Increasing demand for retirement income solutions due to the aging population.
- Expansion of Fidelity's fund offerings, providing more investment options for FIRMX.
- Potential partnerships with retirement plan providers to offer FIRMX as a QDIA.
- Development and launch of tax-advantaged retirement income products.
What Are the Key Risks for FIRMX?
Market fluctuations and economic downturns impacting fund performance.
- Changes in interest rates affecting bond fund values.
- Competition from other asset managers offering similar retirement income solutions.
- Regulatory changes impacting the asset management industry.
What Are the Growth Opportunities for FIRMX?
- Increasing Demand for Retirement Income Solutions: The aging population and the shift from defined benefit to defined contribution retirement plans are driving increased demand for retirement income solutions. As more individuals take responsibility for their retirement savings, the need for professionally managed income funds like FIRMX will continue to grow. The market size for retirement income solutions is estimated to be in the trillions of dollars, offering significant growth potential for FIRMX. This trend is expected to continue over the next decade.
- Expansion of Fidelity Fund Offerings: Fidelity's ongoing development and introduction of new funds across various asset classes provides FIRMX with a broader range of investment options. This allows the fund to adapt its asset allocation strategy to changing market conditions and investor preferences. The ability to access a diverse suite of Fidelity funds enhances FIRMX's flexibility and potential for improved performance. This expansion is an ongoing process, with new funds being launched regularly.
- Strategic Partnerships with Retirement Plan Providers: Collaborating with retirement plan providers to offer FIRMX as a qualified default investment alternative (QDIA) can significantly increase the fund's assets under management. By becoming a preferred option within 401(k) and other retirement plans, FIRMX can tap into a large pool of potential investors. This strategy requires building strong relationships with plan sponsors and demonstrating the fund's value proposition. The timeline for establishing such partnerships can vary depending on the provider.
- Development of Tax-Advantaged Retirement Income Products: Creating tax-advantaged versions of FIRMX, such as Roth IRA-compatible funds, can attract a wider range of investors seeking to minimize their tax liabilities. These products can be tailored to meet the specific needs of different investor segments, such as high-income earners or those with complex tax situations. The development and launch of these products typically take 1-2 years.
- Enhanced Marketing and Investor Education: Investing in marketing and investor education initiatives can raise awareness of FIRMX and its benefits among potential investors. By highlighting the fund's stable asset allocation strategy and focus on income generation, Fidelity can attract investors who are seeking a reliable retirement income solution. These initiatives can include online advertising, educational webinars, and partnerships with financial advisors. The impact of these initiatives can be measured through increased website traffic, fund inflows, and investor surveys.
What Are FIRMX's Competitive Advantages?
- Brand reputation of Fidelity Investments, a well-established and trusted asset manager.
- Diversified portfolio of Fidelity funds, providing access to a wide range of asset classes.
- Stable neutral asset allocation strategy, offering predictability for investors.
- Established distribution network through Fidelity's platform and partnerships.
What Does FIRMX Do?
Fidelity Managed Retirement Income Fund (FIRMX) is designed to provide investors with a steady stream of income during retirement while also seeking capital appreciation. The fund achieves this by investing in a combination of other Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds. This diversified approach aims to balance risk and return, catering specifically to the needs of retirees who require both income and long-term growth potential. The fund operates under a stable neutral asset allocation strategy, meaning the allocation percentages across different asset classes remain relatively constant over time. This approach provides a level of predictability for investors planning their retirement income. Fidelity Investments, the parent company of FIRMX, has a long history in the financial services industry, dating back to 1946. Over the decades, Fidelity has grown into one of the largest asset managers globally, offering a wide range of investment products and services to individual and institutional investors. FIRMX is one of many retirement income solutions offered by Fidelity, reflecting the company's commitment to helping individuals achieve their retirement goals. The fund's investment strategy is tailored to provide a consistent income stream, making it a popular choice for retirees seeking a reliable source of funds to support their living expenses.
What Products and Services Does FIRMX Offer?
- Invests in a combination of Fidelity U.S. equity funds.
- Invests in a combination of Fidelity international equity funds.
- Invests in a combination of Fidelity bond funds.
- Invests in a combination of Fidelity short-term funds.
- Allocates assets according to a stable neutral asset allocation strategy.
- Seeks high current income for investors.
- Seeks capital appreciation as a secondary objective.
- Provides a withdrawal strategy to provide investors with income in retirement.
How Does FIRMX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- The fee structure is based on a percentage of the total value of the fund's assets.
- Investment decisions are made by a dedicated portfolio management team within Fidelity Investments.
What Industry Does FIRMX Operate In?
Fidelity Managed Retirement Income Fund operates within the asset management industry, specifically targeting the retirement income segment. This segment is experiencing growth due to the increasing number of individuals entering retirement and the growing need for reliable income streams. The competitive landscape includes other asset managers offering similar retirement income solutions. FIRMX differentiates itself through its exclusive use of Fidelity funds and its stable asset allocation strategy. The broader asset management industry is influenced by market trends, interest rates, and regulatory changes, all of which can impact the performance and attractiveness of retirement income funds.
Who Are FIRMX's Key Customers?
- Retirees seeking a steady stream of income.
- Individuals planning for retirement and seeking long-term growth.
- Investors looking for a diversified portfolio of Fidelity funds.
How Fidelity Managed Retirement Income Fund Is Valued
Fidelity Managed Retirement Income Fund carries a market capitalization of $17.0M, placing it in the micro-cap category. Relative to its peer group, FIRMX's quantitative score of 47/100 is roughly in line with the peer average of 48/100.
Key Financial Metrics
Return on equity for Fidelity Managed Retirement Income Fund stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. FIRMX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
FIRMX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the fund's performance and long-term strategy.
- Community sentiment has leaned positively, with discussions highlighting the fund's stability in uncertain markets.
- Investors are recognizing the fund's diversified approach, which may mitigate risks associated with market volatility.
- Positive reviews from financial analysts emphasize the fund's solid management and strategic asset allocation.
Bear Case
- Concerns about rising interest rates may impact fixed-income investments, creating headwinds for the fund's performance.
- Some community members express skepticism regarding the fund's ability to adapt to changing market conditions.
- Recent market developments have led to discussions about potential underperformance relative to peers, raising red flags for investors.
- A lack of significant recent news may signal stagnation, causing some investors to question the fund's growth prospects.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FIRMX Latest News
No recent news available for FIRMX.
FIRMX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FIRMX.
Price Targets
Wall Street price target analysis for FIRMX.
FIRMX MoonshotScore
What does this score mean?
The MoonshotScore rates FIRMX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
FIRMX Financial Services Stock FAQ
What does the AI Score mean for FIRMX?
FIRMX holds an AI Score of 47/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Fidelity Managed Retirement Income Fund (FIRMX) aims for high current income and capital appreciation by investing in a mix of Fidelity funds. The fund employs a stable asset allocation strategy …
What does Fidelity Managed Retirement Income Fund do?
Fidelity Managed Retirement Income Fund (FIRMX) is designed to provide investors with a steady stream of income during retirement while also seeking capital appreciation. It achieves this by investing in a diversified mix of Fidelity funds, including U.S. equity, international equity, bond, and short-term funds.
What are the main risks for FIRMX?
The main risks for Fidelity Managed Retirement Income Fund (FIRMX) include market fluctuations, which can impact the value of the underlying Fidelity funds. Changes in interest rates can also affect the performance of bond funds held within the portfolio. Competition from other asset managers offering similar retirement income solutions poses a risk to market share.
What are the key factors to evaluate for FIRMX?
Fidelity Managed Retirement Income Fund (FIRMX) holds an AI score of 47/100 (low). Fidelity Managed Retirement Income Fund (FIRMX), with a market capitalization of $17.0M and a beta of 0.58, presents a conservative investment option for income-seeking retirees. Not financial advice.
How frequently does FIRMX data refresh on this page?
FIRMX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FIRMX's recent stock price performance?
Fidelity Managed Retirement Income Fund (FIRMX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand reputation of Fidelity Investments. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FIRMX overvalued or undervalued right now?
Fidelity Managed Retirement Income Fund (FIRMX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research FIRMX before investing?
Before investing in Fidelity Managed Retirement Income Fund (FIRMX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding FIRMX to a portfolio?
Key strength of Fidelity Managed Retirement Income Fund (FIRMX): Strong brand reputation of Fidelity Investments. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for FIRMX, limiting the availability of analyst consensus.
- Performance is dependent on the performance of underlying Fidelity funds.