Fidelity Flex Freedom Blend 2055 (FQLSX)
| Fund Assets | 48.53M |
| Expense Ratio | 0.01% |
| Min. Investment | $0.00 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 3.64% |
| Dividend Growth | 77.35% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 15.12 |
| YTD Return | 18.28% |
| 1-Year Return | 18.60% |
| 5-Year Return | 79.40% |
| 52-Week Low | 11.51 |
| 52-Week High | 15.26 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Jun 8, 2017 |
About FQLSX
Fidelity Flex Freedom Blend 2055 Fund is a target-date mutual fund designed primarily for investors planning to retire around the year 2055. Its key purpose is to offer a diversified, all-in-one investment solution that automatically adjusts its asset allocation as the retirement date approaches. The fund adopts a dynamic blend strategy, allocating assets across a mix of underlying Fidelity funds that include U.S. and international equities, bond funds, and short-term investments. In its early years, the portfolio maintains a higher exposure to growth-oriented assets, primarily equities, to pursue capital appreciation. As the target retirement year nears, the fund gradually shifts to a more conservative allocation, increasing holdings in fixed income and short-term funds to help manage risk and provide income. This structure makes it suitable for fee-based advisory accounts seeking a hands-off approach to long-term retirement planning. The fund is distinguished by its extremely low expense ratio and semi-annual dividend distributions, emphasizing both growth potential and cost efficiency as core features of its design.
Performance
FQLSX had a total return of 18.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.16%.
Top 10 Holdings
83.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Large Cap Value Index | FIOOX | 14.64% |
| Fidelity Series Blue Chip Growth | FSBDX | 12.00% |
| Fidelity Series Emerging Markets Opps | FEMSX | 9.87% |
| Fidelity Series Large Cp Grwth Idx | FHOFX | 7.67% |
| Fidelity Series International Value | FINVX | 7.16% |
| Fidelity Series Large Cap Stock | FGLGX | 7.14% |
| Fidelity Series International Growth | FIGSX | 6.97% |
| Fidelity Series Overseas | FSOSX | 6.91% |
| Fidelity Series Long-Term Trs Bd Idx | FTLTX | 6.16% |
| Fidelity Series Value Discovery | FNKLX | 5.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.119 | May 12, 2025 |
| Dec 30, 2024 | $0.429 | Dec 31, 2024 |
| May 10, 2024 | $0.066 | May 13, 2024 |
| Dec 28, 2023 | $0.243 | Dec 29, 2023 |
| Dec 29, 2022 | $0.358 | Dec 30, 2022 |
| May 6, 2022 | $0.212 | May 9, 2022 |