Fidelity Freedom Index 2060 Fund

Frequently Asked Questions About FFLEX

What does FFLEX invest in?

This fund strategically invests in a variety of underlying Fidelity portfolios, including those focused on U.S. equities, international stocks, fixed-income securities, and short-term holdings. A core characteristic is that each of these constituent funds, with the exception of any money market components, is designed to track the total return of a specific market index.

What is the expense ratio of FFLEX?

Fidelity Freedom Index 2060 Fund (FFLEX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is FFLEX's dividend yield?

FFLEX'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 FFLEX?

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

What is the credit quality of FFLEX?

FFLEX'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 FFLEX?

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