Fidelity Freedom Index 2070 Investor (FRBVX)
| Fund Assets | 83.74M |
| Expense Ratio | 0.12% |
| Min. Investment | $5,000,000,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 1.26% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 11.60 |
| YTD Return | 11.37% |
| 1-Year Return | 16.27% |
| 5-Year Return | n/a |
| 52-Week Low | 9.29 |
| 52-Week High | 11.63 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About FRBVX
The Fidelity Freedom Index 2070 Fund is a target-date mutual fund designed to support long-term retirement investing. Its primary function is to help investors accumulate wealth for retirement with an anticipated retirement year of 2070. The fund employs a diversified, index-based allocation strategy, investing predominantly in a mix of U.S. and international equities, as well as bond and short-term funds. Currently, the portfolio has a significant tilt toward equities, with approximately 54% in U.S. equities and 36% in non-U.S. equities, while bonds and other fixed-income assets make up about 10% of the allocation. As the target date approaches, the fund's asset allocation automatically becomes more conservative, shifting gradually from growth-oriented investments to more income-focused and stable assets. This process, known as the "glide path," aims to reduce risk as investors near retirement and, eventually, the fund is expected to merge with a retirement income fund. The Fidelity Freedom Index 2070 Fund utilizes Fidelity’s disciplined investment process, leveraging the firm’s extensive research and resources to support investors’ changing needs throughout their retirement planning horizon.
Performance
FRBVX had a total return of 16.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.00%.
Top 10 Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index Fund | FCFMX | 52.51% |
| Fidelity Series Global ex U.S. Index Fund | FSGEX | 37.23% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 5.11% |
| Fidelity Series Bond Index Fund | FIFZX | 4.11% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.004 | May 12, 2025 |
| Dec 30, 2024 | $0.142 | Dec 31, 2024 |