Fidelity Freedom 2070 (FRBDX)
| Fund Assets | 90.63M |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.43% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 11.47 |
| YTD Return | 12.26% |
| 1-Year Return | 15.34% |
| 5-Year Return | n/a |
| 52-Week Low | 9.18 |
| 52-Week High | 11.59 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | n/a |
About FRBDX
Fidelity Freedom 2070 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2070. Its primary function is to generate high total returns in the years leading up to its target retirement date by dynamically allocating assets across domestic and international equity funds, bond funds, and short-term investments. The fund employs a glide path strategy, meaning its asset mix automatically shifts from a higher proportion of growth-oriented investments, such as stocks, toward more conservative holdings, like bonds and income-focused assets, as the target date approaches and beyond. This approach helps manage risk and seeks to address the changing investment needs of retirees over time. The investment process leverages Fidelity’s broad research capabilities and is actively managed to reflect long-term capital market trends and diversification principles. Ultimately, the fund is expected to merge with the Fidelity Freedom Income Fund, aligning with retirees’ ongoing income requirements. Fidelity Freedom 2070 Fund plays a key role in retirement planning, offering a diversified, age-based investment solution for long-term savers seeking a professionally managed path to and through retirement.
Performance
FRBDX had a total return of 15.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.77%.
Top 10 Holdings
78.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 10.71% |
| Fidelity Series Large Cap Stock Fund | FGLGX | 9.19% |
| Fidelity Series Growth Company Fund | FCGSX | 8.99% |
| Fidelity Series International Value Fund | FINVX | 8.66% |
| Fidelity Series Overseas Fund | FSOSX | 8.37% |
| Fidelity Series International Growth Fund | FIGSX | 8.11% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 7.02% |
| Fidelity Series Stock Selector Large Cap Value Fund | FBLEX | 6.33% |
| Fidelity Series Value Discovery Fund | FNKLX | 5.87% |
| Fidelity Series Opportunistic Insights Fund | FVWSX | 5.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.049 | May 12, 2025 |
| Dec 30, 2024 | $0.115 | Dec 31, 2024 |