About FSNLX
Fidelity Freedom 2015 Fund Class K is a target-date mutual fund designed for individuals planning to retire around the year 2015, typically at or near age 65. The fund's primary purpose is to provide investors with a diversified portfolio whose asset allocation becomes increasingly conservative as the target retirement year approaches and beyond. It achieves this by investing in a range of underlying Fidelity funds, spanning U.S. and international equities, investment-grade bonds, inflation-protected securities, and government money market instruments. As of its latest portfolio holdings, a significant allocation is dedicated to fixed income assets such as investment-grade bonds and Treasury instruments, reflecting the fund's matured target-date status. With assets exceeding $4 billion, the fund plays a notable role in serving retirees and near-retirees by focusing on capital preservation, income generation, and risk mitigation in the later phases of retirement planning. This structure is typical of the target-date fund category, offering investors a professionally managed, glide-path-based investment tailored to anticipated retirement timelines.
Fund Family Fidelity
Category Target-Date 2015
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol FSNLX
Share Class Class K
Index Bloomberg U.S. Aggregate Bond TR
FSNLX had a total return of 6.30% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.68%.
