- What does FDEEX invest in?
- This fund invests in a diversified portfolio of other Fidelity funds, including those focused on U.S. equities, international equities (encompassing both established and emerging markets), fixed-income securities, and short-term holdings. It employs a dynamic asset allocation methodology that progressively shifts towards a more conservative stance. Ultimately, the fund's investment mix is designed to converge with that of the Fidelity Freedom® Income Fund, which comprises approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds. This final, more cautious allocation is projected to be reached roughly 10 to 19 years after the year 2055.
- What is the expense ratio of FDEEX?
- Fidelity Freedom 2055 Fund (FDEEX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FDEEX's dividend yield?
- FDEEX's trailing-twelve-month yield is 5.06%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FDEEX?
- Effective duration measures FDEEX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FDEEX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FDEEX?
- FDEEX'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 FDEEX?
- Yield to maturity (YTM) is the total return you'd earn from FDEEX if every bond in the portfolio is held to maturity at the current price. FDEEX'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.
