Fidelity Freedom Blend 2030 Fund (FHATX)
Fidelity Freedom Blend 2030 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $13.74, down 0.07% on the session, giving a market capitalisation of $4.85B. Its beta of 1.00 implies it has historically moved less than the broad market.
This fund, the Fidelity Freedom Blend 2030, is designed to deliver significant overall growth up until its designated target retirement year of 2030. After this date, its primary aim shifts to generating substantial current income, with capital appreciation becoming a secondary objective. The portfolio predominantly invests in a variety of underlying Fidelity funds, encompassing U.S. and international stock investments, bond holdings, and short-term instruments. The fund's assets are managed using a dynamic, neutral allocation strategy that progressively modifies its composition over time. This methodical adjustment continues until its asset mix aligns closely with that of the Fidelity Freedom Blend Income Fund, a transition expected to occur roughly 10 to 19 years past 2030.
Fidelity Freedom Blend 2030 Fund is most often compared with the following Financial Services names: