Fidelity Freedom Blend 2070 K6 (FRCFX)
| Fund Assets | 12.83M |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.63% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 11.31 |
| YTD Return | 11.04% |
| 1-Year Return | 13.28% |
| 5-Year Return | n/a |
| 52-Week Low | 9.13 |
| 52-Week High | 11.38 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | n/a |
About FRCFX
Fidelity Freedom Blend 2070 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2070, typically at or near age 65. Its primary function is to provide a diversified investment strategy that evolves over time, initially seeking high total return through a mix of underlying Fidelity funds that span domestic and international equities, bonds, and short-term investments. The fund’s asset allocation is structured to gradually become more conservative as the target retirement date approaches, prioritizing growth in the early years and shifting toward income and capital preservation as retirement nears and beyond. This blended approach combines both actively managed and index-based Fidelity funds to balance risk and return, leveraging Fidelity’s research and expertise. After the target retirement year, the fund’s objective transitions to seeking high current income, with capital appreciation as a secondary goal. The Fidelity Freedom Blend 2070 Fund plays a significant role in the retirement planning sector by offering a comprehensive, hands-off investment solution tailored to the evolving needs of long-term investors planning for retirement decades in the future.
Performance
FRCFX had a total return of 13.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.91%.
Top 10 Holdings
85.06% of assets| Name | 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 | $0.014 | May 12, 2025 |
| Dec 30, 2024 | $0.170 | Dec 31, 2024 |