Fidelity Freedom Blend 2060 Fund (FHANX)
Fidelity Freedom Blend 2060 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.22, up 0.76% on the session, giving a market capitalisation of $1.80B. Its beta of 1.27 implies it has historically moved more than the broad market.
The Fidelity Freedom Blend 2060 Fund primarily directs its capital into a varied portfolio of other Fidelity offerings, encompassing U.S. and international stock funds, bond funds, and short-term investment vehicles. The fund's adviser employs a dynamic, neutral asset allocation strategy that progressively adjusts the portfolio's composition. This gradual shift is designed to ultimately align the fund's asset mix with that of the Fidelity Freedom® Blend Income Fund, a state expected to be achieved roughly 10 to 19 years beyond the year 2060.
Fidelity Freedom Blend 2060 Fund is most often compared with the following Financial Services names: