Fidelity Freedom 2070 K6 (FRBHX)
Fund Assets | 62.79M |
Expense Ratio | 0.45% |
Min. Investment | $0.00 |
Turnover | 23.00% |
Dividend (ttm) | 0.18 |
Dividend Yield | 1.65% |
Dividend Growth | n/a |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | May 9, 2025 |
Previous Close | 10.84 |
YTD Return | 7.02% |
1-Year Return | n/a |
5-Year Return | n/a |
52-Week Low | 9.20 |
52-Week High | 10.92 |
Beta (5Y) | n/a |
Holdings | 22 |
Inception Date | n/a |
About FRBHX
Fidelity Freedom 2070 Fund - K6 is a target date mutual fund designed for individuals planning to retire around the year 2070. Its primary function is to offer a diversified investment solution that automatically adjusts its asset allocation over time, aligning with the changing risk profiles as investors move closer to retirement. The fund initially seeks high total returns through an allocation that emphasizes growth assets, such as domestic and international equities, but gradually shifts toward a more conservative mix—including bond and short-term funds—as the target date approaches. This "glide path" strategy aims to reduce volatility and preserve principal for investors nearing or entering retirement. Fidelity Freedom 2070 Fund - K6 invests in a broad selection of underlying Fidelity funds, benefiting from the firm’s research depth, active management, and global market exposure. Over time, the fund’s allocation strategy is periodically adjusted to reflect evolving market conditions and long-term investment views. Ultimately, the fund is expected to merge with the Fidelity Freedom Income Fund approximately 10 to 19 years after the target date, emphasizing income generation and capital preservation for retirees. This fund serves as a comprehensive retirement planning tool, adapting automatically to help meet the long-term needs of investors.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Symbol | Share Class | Expense Ratio |
---|---|---|
FRBEX | Class K | 0.64% |
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 | $0.056 | May 12, 2025 |
Dec 30, 2024 | $0.124 | Dec 31, 2024 |