Fidelity Freedom Blend 2050 Fund (FHAPX)
Fidelity Freedom Blend 2050 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $16.95, down 0.06% on the session, giving a market capitalisation of $4.46B. Its beta of 1.26 implies it has historically moved more than the broad market.
This fund primarily allocates its investments across a varied selection of other portfolios managed by Fidelity. These underlying holdings encompass Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term instruments. The investment managers utilize a predefined asset allocation strategy that gradually evolves over time, known as a "glide path." This strategy is designed to systematically adjust the fund's asset mix until it eventually converges with the more conservative allocation of the Fidelity Freedom® Blend Income Fund. This final asset distribution is expected to be achieved approximately 10 to 19 years after the target year of 2050.
Fidelity Freedom Blend 2050 Fund is most often compared with the following Financial Services names: