Fidelity Freedom 2030 Fund (FFFEX)
Fidelity Freedom 2030 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $20.61, up 0.54% on the session, giving a market capitalisation of $35.32B. On trailing twelve-month figures it carries a trailing P/E of 3633.13, a net margin of 0.4%. Its beta of 1.00 implies it has historically moved less than the broad market.
This fund strategically allocates its assets across a diverse portfolio of underlying Fidelity funds. Its holdings encompass U.S. equities, international equities (spanning both developed and emerging economies), bond funds, and short-term investments. The fund employs a dynamic asset allocation strategy designed to progressively shift towards a more conservative risk profile over time. This approach culminates in an asset mix mirroring that of the Fidelity Freedom® Income Fund. Specifically, this ultimate allocation, expected to be achieved roughly 10 to 19 years following 2030, will consist of approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds.
Fidelity Freedom 2030 Fund is most often compared with the following Financial Services names: