Fidelity Freedom Index 2070 Premier (FRBWX)
| Fund Assets | 129.20M |
| Expense Ratio | 0.05% |
| 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 | 11.76 |
| YTD Return | 14.19% |
| 1-Year Return | 14.78% |
| 5-Year Return | n/a |
| 52-Week Low | 9.29 |
| 52-Week High | 11.84 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About FRBWX
The Fidelity Freedom Index 2070 Fund – Premium Class is a target-date mutual fund designed for individuals planning to retire around the year 2070. As part of Fidelity’s Freedom Index series, its investment strategy seeks to provide a high total return through a diversified portfolio of underlying Fidelity index funds. The fund primarily invests in U.S. and international equity funds, complemented by allocations to U.S. and international bond funds, reflecting a growth-oriented approach in its early years. As the fund’s target date approaches, its asset allocation will gradually become more conservative, shifting toward a greater emphasis on income and capital preservation to support investors through retirement. This life-cycle glide path is managed using Fidelity’s disciplined, research-driven investment process, and the Premium Class offers a particularly low expense ratio compared to industry norms. The fund serves as a turnkey solution for long-term retirement planning, reducing the need for ongoing asset allocation adjustments as investors age and their risk profiles evolve.
Performance
FRBWX had a total return of 14.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.42%.
Top 10 Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index | FCFMX | 54.50% |
| Fidelity Series Global ex US Index | FSGEX | 35.74% |
| Fidelity Series Long-Term Trs Bd Idx | FTLTX | 4.91% |
| Fidelity Series Bond Index | FIFZX | 3.89% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.005 | May 12, 2025 |
| Dec 30, 2024 | $0.144 | Dec 31, 2024 |