About FCYPX
Fidelity Freedom Index 2010 Fund Premier Class is a target-date mutual fund designed for investors who reached or are near retirement around 2010. Its primary purpose is to deliver high total return before the target date and emphasize high current income thereafter, with capital appreciation as a secondary goal. The fund invests as a fund-of-funds, allocating across Fidelity index-based underlying strategies spanning U.S. equities, international equities, investment-grade bonds, Treasury inflation-protected securities, and short-term instruments, with allocations that gradually shift along a predefined glide path toward more conservative, income-oriented exposures over time. This series leverages passive underlying funds to mirror broad market segments while maintaining low costs typical of index-based target-date solutions. As a member of the Target-Date 2000–2010 category, it plays a role in retirement plans seeking a simplified, diversified, and professionally managed option for investors in the withdrawal phase, aligning portfolio risk with post-retirement objectives through ongoing, incremental rebalancing.
Fund Family Fidelity
Category Target-Date 2000-2010
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FCYPX
Share Class Premier Class
Index Bloomberg U.S. Aggregate Bond TR
FCYPX had a total return of 11.59% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.68%.
