Fidelity Freedom Blend 2055 Fund (FHAOX)
Fidelity Freedom Blend 2055 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.02, up 0.71% on the session, giving a market capitalisation of $3.17B. Its beta of 1.27 implies it has historically moved more than the broad market.
The fund primarily allocates its assets across a diverse range of underlying Fidelity-managed portfolios, including U.S. and international stock funds, fixed-income products, and short-term instruments. Its investment adviser utilizes a dynamic, neutral asset allocation methodology that progressively adjusts its holdings. The ultimate aim of this strategy is to transition the portfolio's composition to closely align with that of the Fidelity Freedom® Blend Income Fund, a convergence anticipated to occur approximately 10 to 19 years beyond the year 2055.
Fidelity Freedom Blend 2055 Fund is most often compared with the following Financial Services names: