Fidelity Freedom 2060

Frequently Asked Questions About FDKVX

What does FDKVX invest in?

The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity® Funds). The Adviser, under normal market conditions, will make investments that are consistent with seeking high total return for several years beyond the fund's target retirement date in an effort to achieve the fund's overall investment objective.

What is the expense ratio of FDKVX?

Fidelity Freedom 2060 (FDKVX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is FDKVX's dividend yield?

FDKVX's trailing-twelve-month yield is 4.99%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FDKVX?

Effective duration measures FDKVX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FDKVX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of FDKVX?

FDKVX'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 FDKVX?

Yield to maturity (YTM) is the total return you'd earn from FDKVX if every bond in the portfolio is held to maturity at the current price. FDKVX'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.