Fidelity Freedom Index 2070 Instl Prem (FRBUX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.50
+0.02 (0.17%)
Jul 22, 2025, 4:00 PM EDT
0.17%
Fund Assets101.64M
Expense Ratio0.08%
Min. Investment$5,000,000,000
Turnover9.00%
Dividend (ttm)0.15
Dividend Yield1.27%
Dividend Growthn/a
Payout FrequencySemi-Annual
Ex-Dividend DateMay 9, 2025
Previous Close11.48
YTD Return11.37%
1-Year Return14.25%
5-Year Returnn/a
52-Week Low9.29
52-Week High11.63
Beta (5Y)n/a
Holdings5
Inception Daten/a

About FRBUX

Fidelity Freedom Index 2070 Fund – Institutional Premium Class is a target date mutual fund designed for investors planning to retire around the year 2070. The fund’s primary objective is to seek high total return until it reaches its designated retirement year; thereafter, its focus shifts toward generating high current income, with capital appreciation as a secondary goal. It follows a dynamic asset allocation strategy that gradually becomes more conservative as the target date approaches, reducing equity exposure in favor of fixed income and other lower-risk investments over time. This fund invests in a diversified portfolio that includes U.S. and international equities, as well as bonds and short-term instruments. As of the latest reporting, its portfolio is weighted predominantly toward equities, with approximately 54% in U.S. stocks, 36% in non-U.S. stocks, and about 10% allocated to bonds and other assets. The glide path approach ensures that the investment mix automatically adjusts to align with an investor’s evolving risk tolerance as retirement nears. Managed by Fidelity’s extensive investment research team, this fund serves as a comprehensive retirement solution, aiming to provide investors with diversification, professional management, and a disciplined process for long-term goals.

Fund Family Fidelity
Category Target-Date 2065+
Stock Exchange NASDAQ
Ticker Symbol FRBUX
Share Class Institutional Premium Class

Performance

FRBUX had a total return of 14.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.06%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FAVWXPremier Ii Class0.04%
FRBWXPremier Class0.05%
FRBVXInvestor Class0.12%

Top 10 Holdings

99.98% of assets
NameSymbolWeight
Fidelity Series Total Market Index FundFCFMX52.51%
Fidelity Series Global ex U.S. Index FundFSGEX37.23%
Fidelity Series Long-Term Treasury Bond Index FundFTLTX5.11%
Fidelity Series Bond Index FundFIFZX4.11%
Fidelity Series Intl Dev Mkts Bd IdxFSTQX1.02%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
May 9, 2025$0.004May 12, 2025
Dec 30, 2024$0.144Dec 31, 2024
Full Dividend History