Fidelity Freedom Index 2055 Fund

Frequently Asked Questions About FFLDX

What does FFLDX invest in?

This fund primarily allocates its assets across a diverse portfolio of underlying Fidelity-managed funds. These constituent funds span various asset classes, including U.S. and international equities, fixed income, and short-term holdings. Notably, with the exception of any direct money market allocations, each of these underlying Fidelity funds aims to closely replicate the overall total return performance of a specific market index.

What is the expense ratio of FFLDX?

Fidelity Freedom Index 2055 Fund (FFLDX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is FFLDX's dividend yield?

FFLDX's trailing-twelve-month yield is 1.72%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FFLDX?

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

What is the credit quality of FFLDX?

FFLDX'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 FFLDX?

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