Fidelity Freedom Index 2070 Premier II (FAVWX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.60
-0.03 (-0.26%)
Jul 24, 2025, 9:30 AM EDT
-0.26%
Fund Assets101.64M
Expense Ratio0.04%
Min. Investment$5,000,000,000
Turnover9.00%
Dividend (ttm)0.15
Dividend Yield1.28%
Dividend Growthn/a
Payout FrequencySemi-Annual
Ex-Dividend DateMay 9, 2025
Previous Close11.63
YTD Return9.69%
1-Year Returnn/a
5-Year Returnn/a
52-Week Low9.29
52-Week High11.63
Beta (5Y)n/a
Holdings5
Inception Daten/a

About FAVWX

The Fidelity Freedom Index 2070 Fund – Premium Class is a target date mutual fund designed to help investors plan for retirement around the year 2070. Its primary function is to provide a diversified, professionally managed portfolio that automatically adjusts its asset allocation structure over time. Early in its lifecycle, the fund emphasizes growth by allocating a substantial portion of its assets to U.S. and international equities, supporting long-term capital appreciation. As the target retirement date draws nearer, the fund gradually shifts toward a more conservative mix, increasing exposure to bonds and other fixed income investments, with the goal of reducing volatility and generating current income for retirees. This fund employs a disciplined, index-based investment process, leveraging Fidelity’s research capabilities and employing underlying Fidelity funds within its portfolio. It is suitable for individuals seeking a set-it-and-forget-it approach to retirement investing, as the fund’s asset allocation evolves automatically to align with changing risk profiles inherent to different life stages. Ultimately, the fund is expected to merge with a retirement income-oriented fund after the target date, supporting investors through their retirement years.

Fund Family Fidelity
Category Target-Date 2065+
Stock Exchange NASDAQ
Ticker Symbol FAVWX
Share Class Premier Ii Class

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FRBWXPremier Class0.05%
FRBUXInstitutional Premium Class0.08%
FRBVXInvestor Class0.12%

Top 10 Holdings

99.98% of assets
NameSymbolWeight
Fidelity Series Total Market Index FundFCFMX52.51%
Fidelity Series Global ex U.S. Index FundFSGEX37.23%
Fidelity Series Long-Term Treasury Bond Index FundFTLTX5.11%
Fidelity Series Bond Index FundFIFZX4.11%
Fidelity Series Intl Dev Mkts Bd IdxFSTQX1.02%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
May 9, 2025$0.005May 12, 2025
Dec 30, 2024$0.143Dec 31, 2024
Full Dividend History