- What does FATKX invest in?
- This fund strategically deploys its capital across a diverse selection of Fidelity investment products, encompassing both domestic and international stock funds, bond funds, and money market instruments. Its investment adviser employs a predetermined asset allocation methodology, often termed a "glide path," which systematically adjusts the portfolio's composition over time. This dynamic approach is designed to gradually transition the fund until it attains an asset mix similar to that of the Fidelity Freedom Income Fund, a point anticipated to occur roughly 10 to 19 years after 2020.
- What is the expense ratio of FATKX?
- Fidelity Freedom 2020 Fund (FATKX) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FATKX's dividend yield?
- FATKX's trailing-twelve-month yield is 7.84%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FATKX?
- Effective duration measures FATKX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FATKX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FATKX?
- FATKX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FATKX?
- Yield to maturity (YTM) is the total return you'd earn from FATKX if every bond in the portfolio is held to maturity at the current price. FATKX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.