About FAFAX
Fidelity Advisor Freedom Income Fund - Class A is a target-date retirement allocation fund designed to deliver high total return with a secondary focus on principal preservation. It invests primarily through a diversified mix of underlying Fidelity mutual funds spanning U.S. and international equities, investment‑grade bonds, inflation‑protected securities, short‑term instruments, and money market holdings, maintaining a relatively conservative, income‑oriented posture. According to Fidelity, the strategy follows a stable neutral asset allocation, with the adviser able to adjust weights among equity, bond, and short‑term sleeves in shareholders’ interests. The fund serves as the landing point for maturing Fidelity Advisor Freedom target‑date funds and is managed to support ongoing income needs in retirement. Notable characteristics include exposure to investment‑grade core bonds and short‑duration inflation‑linked bonds, complemented by selective equity and international allocations for diversification. The fund’s role in the market is to provide a professionally managed, comprehensive income foundation for post‑retirement investors within a single, dynamically managed portfolio of Fidelity underlying funds.
Fund Family Fidelity
Category Target-Date Retirement
Performance Rating Low
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAFAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
FAFAX had a total return of 7.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.64%.
