Fidelity Freedom Index 2055 Premier (FTYPX)
Fund Assets | 17.14B |
Expense Ratio | 0.05% |
Min. Investment | $5,000,000,000 |
Turnover | 12.00% |
Dividend (ttm) | 0.45 |
Dividend Yield | 1.88% |
Dividend Growth | 16.10% |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | n/a |
Previous Close | 24.02 |
YTD Return | 12.00% |
1-Year Return | 17.05% |
5-Year Return | 73.11% |
52-Week Low | 19.21 |
52-Week High | 24.04 |
Beta (5Y) | n/a |
Holdings | 5 |
Inception Date | Jun 24, 2020 |
About FTYPX
Fidelity Freedom Index 2055 Fund – Premier Class is a target-date mutual fund designed for investors planning to retire around the year 2055. Its primary purpose is to offer a comprehensive, all-in-one retirement solution by gradually shifting its asset allocation as the target date approaches. In its early years, the fund emphasizes long-term capital growth by allocating a significant portion to domestic and international equities, providing exposure to both U.S. and global markets through underlying index funds. As the retirement date nears, the allocation becomes increasingly conservative, incorporating more bond and short-term investments to reduce risk and prioritize income and capital preservation. Managed by Fidelity, this fund leverages the firm’s broad investment research to construct a diversified portfolio, aiming for high total returns before the target retirement date and focusing on high current income and capital appreciation thereafter. It is part of the larger family of Fidelity Freedom Index target-date funds, distinguished by low expense ratios and a systematic glide path that adapts over time. The fund plays a significant role in retirement planning, particularly within employer-sponsored retirement plans and institutional portfolios, providing an efficient, low-cost way to manage retirement assets across decades.
Performance
FTYPX had a total return of 17.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.62%.
Top 10 Holdings
100.00% of assetsName | Symbol | Weight |
---|---|---|
Fidelity Series Total Market Index | n/a | 54.82% |
Fidelity Series Global ex US Index | n/a | 35.86% |
Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 4.60% |
Fidelity Series Bond Index | n/a | 3.76% |
Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 0.96% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
May 9, 2025 | $0.022 | May 12, 2025 |
Dec 30, 2024 | $0.425 | Dec 31, 2024 |
May 10, 2024 | $0.012 | May 13, 2024 |
Dec 28, 2023 | $0.373 | Dec 29, 2023 |
May 12, 2023 | $0.006 | May 15, 2023 |
Dec 29, 2022 | $0.320 | Dec 30, 2022 |