Fidelity Freedom Blend 2070 Premier (FRCPX)
| Fund Assets | 12.83M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.61% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 11.33 |
| YTD Return | 10.64% |
| 1-Year Return | 12.84% |
| 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 FRCPX
Fidelity Freedom Blend 2070 Fund is a target-date mutual fund specifically structured for individuals who plan to retire around the year 2070. Its primary objective is to seek high total return until reaching the target retirement date, after which the fund transitions to a strategy emphasizing high current income and, to a lesser extent, capital appreciation. The fund utilizes a mix of underlying Fidelity equity, bond, and short-term funds, dynamically adjusting its asset allocation over time. As the target date approaches, the allocation gradually becomes more conservative, reducing equity exposure and increasing fixed-income holdings to help manage risk as investors near retirement. Fidelity leverages its extensive research and active asset management capabilities to implement a diversified portfolio, with the fund’s design aiming to align with the long-term needs and risk profiles of investors preparing for retirement. The fund plays a significant role in retirement planning by offering a professionally managed, all-in-one investment solution that evolves with an investor’s career and life stage.
Performance
FRCPX had a total return of 12.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.42%.
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 | $0.168 | Dec 31, 2024 |