About FFBCX
Fidelity Freedom Blend Income Fund - Premier Class is a target-date allocation mutual fund that focuses on delivering high current income as its primary objective, with capital appreciation as a secondary goal. The fund achieves this by investing in a carefully constructed mix of underlying Fidelity funds, including domestic and international equity funds, bond funds, and short-term funds. This broad diversification is designed to balance potential returns with risk, making the fund particularly suited for investors who have transitioned into retirement or are seeking a stable, income-oriented portfolio.
Distinctive features of the fund include its dynamic asset allocation strategy, which is informed by ongoing research and analysis, adapting its exposure to various asset classes to reflect long-term financial market trends and participant needs. The fund’s portfolio emphasizes diversification across sectors such as basic materials, consumer defensive, and energy, along with substantial allocations to fixed income and global equities. By blending both actively and passively managed underlying funds, the Fidelity Freedom Blend Income Fund - Premier Class plays a critical role in retirement planning frameworks, aiming to provide steady income and mitigate risks throughout changing market regimes.
Fund Family Fidelity
Category Target-Date Retirement
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FFBCX
Share Class Premier Class
Index Bloomberg U.S. Aggregate Bond TR
FFBCX had a total return of 8.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.28%.
