Fidelity Freedom 2070 K (FRBEX)
Fund Assets | 62.79M |
Expense Ratio | 0.64% |
Min. Investment | $0.00 |
Turnover | 23.00% |
Dividend (ttm) | 0.17 |
Dividend Yield | 1.60% |
Dividend Growth | n/a |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | May 9, 2025 |
Previous Close | 10.84 |
YTD Return | 6.28% |
1-Year Return | n/a |
5-Year Return | n/a |
52-Week Low | 9.18 |
52-Week High | 10.87 |
Beta (5Y) | n/a |
Holdings | 22 |
Inception Date | n/a |
About FRBEX
Fidelity Freedom 2070 Fund is a target-date mutual fund structured for investors planning to retire around the year 2070. Its principal objective is to provide a high total return through a diversified portfolio of underlying Fidelity funds, with its asset allocation designed to adjust automatically over time. Early in its lifecycle, the fund emphasizes growth by investing heavily in U.S. equities and international equities—together accounting for over 90% of its portfolio—with the remainder allocated to bonds and short-term instruments for stability and income generation as the target retirement date approaches. This strategic glide path becomes progressively more conservative, reducing equity exposure and increasing fixed income allocations to help preserve capital and manage risk as investors near or enter retirement. The fund is designed to simplify retirement investing, dynamically adjusting its underlying asset mix so that investors do not need to make ongoing allocation changes themselves. Fidelity Freedom 2070 Fund plays a significant role in the retirement planning sector, providing a managed solution that addresses long-term growth needs in the early years and risk mitigation closer to retirement.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Symbol | Share Class | Expense Ratio |
---|---|---|
FRBHX | Class K6 | 0.45% |
Top 10 Holdings
78.76% of assetsName | 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 | $0.050 | May 12, 2025 |
Dec 30, 2024 | $0.123 | Dec 31, 2024 |