Fidelity Freedom Blend 2070 Z (FRCNX)
Fund Assets | 12.83M |
Expense Ratio | 0.39% |
Min. Investment | $0.00 |
Turnover | 58.00% |
Dividend (ttm) | 0.16 |
Dividend Yield | 1.40% |
Dividend Growth | n/a |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | May 9, 2025 |
Previous Close | 11.34 |
YTD Return | 10.56% |
1-Year Return | 12.52% |
5-Year Return | n/a |
52-Week Low | 9.14 |
52-Week High | 11.39 |
Beta (5Y) | n/a |
Holdings | 21 |
Inception Date | n/a |
About FRCNX
Fidelity Advisor Freedom Blend 2070 Fund is a target-date mutual fund designed for investors planning to retire around the year 2070, typically at or near the traditional retirement age of 65. The fund's primary objective is to seek high total return until its target retirement date, gradually shifting focus to high current income and secondary capital appreciation as the target year approaches. It achieves its objectives by investing primarily in a diversified mix of underlying Fidelity funds spanning domestic equities, international equities, bonds, and short-term instruments. These underlying funds include both actively and passively managed strategies to provide broad market exposure and risk management over time. The asset allocation of the fund automatically becomes more conservative as 2070 nears, aligning with the evolving risk tolerance and income needs of its investors. As part of the broader family of Fidelity Freedom Blend funds, this fund plays a key role in retirement planning, offering a comprehensive, age-based investment solution that adjusts portfolio risk and income orientation throughout an investor's lifecycle.
Performance
FRCNX had a total return of 12.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.11%.
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 | $0.007 | May 12, 2025 |
Dec 30, 2024 | $0.152 | Dec 31, 2024 |