Fidelity Freedom Index 2055 Premier II (FAVRX)
| Fund Assets | 15.25B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 2.02% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 22.45 |
| YTD Return | 2.57% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 19.20 |
| 52-Week High | 22.60 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FAVRX
Fidelity Freedom Index 2055 Fund is a target-date mutual fund designed to meet the needs of investors planning to retire around the year 2055. As a target-date fund, its primary function is to provide a diversified, evolving asset allocation that automatically adjusts as the fund approaches and passes its target retirement year. Early in its lifecycle, the fund emphasizes growth through a higher allocation to domestic and international equities, aiming for capital appreciation. As the target date nears, its investment mix gradually becomes more conservative, shifting toward fixed income and short-term instruments with the objective of reducing risk and preserving capital. After reaching the target date, the fund’s focus transitions to generating high current income, with capital appreciation as a secondary goal. The fund achieves its goals mainly by investing in a variety of underlying Fidelity index funds, providing broad exposure to global markets across multiple sectors. Managed using a rules-based allocation strategy, the Fidelity Freedom Index 2055 Fund plays a significant role in long-term retirement planning, helping investors manage risk and growth over an extended time horizon.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.024 | May 12, 2025 |
| Dec 30, 2024 | $0.431 | Dec 31, 2024 |