Fidelity Freedom Index 2060 Premier (FUIPX)
| Fund Assets | 9.41B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 1.87% |
| Dividend Growth | 15.53% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 19.91 |
| YTD Return | 10.37% |
| 1-Year Return | 11.97% |
| 5-Year Return | 68.00% |
| 52-Week Low | 16.28 |
| 52-Week High | 20.09 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Jun 24, 2020 |
About FUIPX
Fidelity Freedom Index 2060 Fund Premier Class is a target-date mutual fund designed for investors planning to retire around the year 2060. The fund adopts a "fund-of-funds" structure, investing primarily in a diversified mix of underlying Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. Its asset allocation is managed according to a strategic glide path: early in the investment horizon, the portfolio emphasizes higher-growth assets such as equities to maximize long-term capital appreciation. As the target retirement date approaches, the fund gradually shifts toward a more conservative mix, increasing allocations to fixed income and short-term investments to reduce risk and support income needs in retirement. The Premier Class offers a notably low expense ratio, making it a cost-effective option for large institutional investors. Its key purpose is to simplify retirement investing by automatically adjusting its asset mix based on the retirement timeline, aiming to balance risk and reward over an investor’s lifetime. The fund leverages Fidelity’s robust investment research and asset allocation expertise, and it ultimately seeks to support investors in maintaining their standard of living throughout retirement.
Performance
FUIPX had a total return of 11.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.97%.
Top 10 Holdings
100.00% of assets| Name | 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 | $0.017 | May 12, 2025 |
| Dec 30, 2024 | $0.355 | Dec 31, 2024 |
| May 10, 2024 | $0.009 | May 13, 2024 |
| Dec 28, 2023 | $0.313 | Dec 29, 2023 |
| May 12, 2023 | $0.004 | May 15, 2023 |
| Dec 29, 2022 | $0.268 | Dec 30, 2022 |