Fidelity Freedom Blend 2070 K (FRBZX)
Fund Assets | 12.83M |
Expense Ratio | 0.39% |
Min. Investment | $0.00 |
Turnover | 58.00% |
Dividend (ttm) | 0.17 |
Dividend Yield | 1.52% |
Dividend Growth | n/a |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | May 9, 2025 |
Previous Close | 11.33 |
YTD Return | 10.62% |
1-Year Return | 12.64% |
5-Year Return | n/a |
52-Week Low | 9.14 |
52-Week High | 11.38 |
Beta (5Y) | n/a |
Holdings | 21 |
Inception Date | n/a |
About FRBZX
Fidelity Freedom Blend 2070 Fund is a target-date mutual fund crafted for investors planning to retire around the year 2070. Its central purpose is to simplify long-term retirement investing by automatically adjusting its asset allocation over time. In the early years, the fund seeks higher growth potential by allocating predominantly to U.S. and international equities, supported by a smaller allocation to bonds and short-term instruments. As the target retirement date approaches, its investment mix gradually shifts toward a more conservative allocation, increasing exposure to fixed income and short-term assets, with the aim of reducing risk and providing more stable returns during retirement years. The fund invests primarily in a combination of underlying Fidelity U.S. and international equity funds, bond funds, and short-term funds, leveraging Fidelity’s broad investment research and risk management expertise. Ultimately, this strategy is designed to offer investors a professionally managed, diversified approach that adjusts to changing retirement needs, making it a relevant choice within the landscape of defined contribution plans and personal retirement portfolios.
Performance
FRBZX had a total return of 12.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.23%.
Top 10 Holdings
85.06% of assetsName | Symbol | Weight |
---|---|---|
Fidelity Series Large Cap Value Index Fund | FIOOX | 14.40% |
Fidelity Series Blue Chip Growth Fund | FSBDX | 11.11% |
Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 10.71% |
Fidelity Series International Value Fund | FINVX | 7.68% |
Fidelity Series Overseas Fund | FSOSX | 7.46% |
Fidelity Series Large Cap Growth Index Fund | FHOFX | 7.27% |
Fidelity Series International Growth Fund | FIGSX | 7.27% |
Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 7.04% |
Fidelity Series Large Cap Stock Fund | FGLGX | 6.87% |
Fidelity Series Value Discovery Fund | FNKLX | 5.25% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
May 9, 2025 | $0.012 | May 12, 2025 |
Dec 30, 2024 | $0.160 | Dec 31, 2024 |