Fidelity Freedom Blend 2020 Fund (FHAVX)
Fidelity Freedom Blend 2020 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $12.45, up 0.32% on the session, giving a market capitalisation of $1.39B. Its beta of 0.85 implies it has historically moved less than the broad market.
The Fidelity Freedom Blend 2020 Fund primarily allocates its capital across a diversified selection of underlying Fidelity mutual funds. Specifically, these holdings encompass a mix of domestic and international equity funds, fixed-income funds (bonds), and short-term investment vehicles. The fund's investment adviser employs a strategic asset allocation methodology that progressively adjusts its holdings. This adaptive approach is designed to gradually transition the fund's portfolio composition to one similar to the Fidelity Freedom Blend Income Fund, a process expected to conclude approximately between 2030 and 2039.
Fidelity Freedom Blend 2020 Fund is most often compared with the following Financial Services names: