Fidelity Freedom Blend 2070 I (FRCLX)
| Fund Assets | 12.83M |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.45% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 11.32 |
| YTD Return | 10.48% |
| 1-Year Return | 12.30% |
| 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 FRCLX
The Fidelity Advisor Freedom Blend 2070 Fund - Class I is a target-date mutual fund structured to meet the needs of investors planning to retire around the year 2070. Its primary function is to provide a diversified, professionally managed investment solution that aligns with a long-term retirement horizon. The fund pursues high total return during its accumulation phase, transitioning to a focus on generating high current income, with capital appreciation as a secondary objective as it nears and passes the target retirement date. This fund employs a blend strategy, investing primarily in an evolving mix of underlying Fidelity domestic equity, international equity, bond, and short-term funds. Its allocation shifts over time through a glide path, gradually reducing risk exposure as the target date approaches. Both actively managed and index-tracking funds are included, allowing for tactical shifts up to 10 percentage points between asset classes based on the manager’s outlook. The fund’s broad diversification across asset classes and geographies helps manage market risks and provides an all-in-one investment vehicle suitable for workplace retirement plans or individual retirement portfolios. Class I shares are typically available to eligible institutional investors, offering competitive expense ratios and access to Fidelity’s robust research and management expertise.
Performance
FRCLX had a total return of 12.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.64%.
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 | $0.009 | May 12, 2025 |
| Dec 30, 2024 | $0.154 | Dec 31, 2024 |