- What does FHAPX invest in?
- This fund primarily allocates its investments across a varied selection of other portfolios managed by Fidelity. These underlying holdings encompass Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term instruments. The investment managers utilize a predefined asset allocation strategy that gradually evolves over time, known as a "glide path." This strategy is designed to systematically adjust the fund's asset mix until it eventually converges with the more conservative allocation of the Fidelity Freedom® Blend Income Fund. This final asset distribution is expected to be achieved approximately 10 to 19 years after the target year of 2050.
- What is the expense ratio of FHAPX?
- Fidelity Freedom Blend 2050 Fund (FHAPX) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FHAPX's dividend yield?
- FHAPX's trailing-twelve-month yield is 3.35%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FHAPX?
- Effective duration measures FHAPX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FHAPX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FHAPX?
- FHAPX'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 FHAPX?
- Yield to maturity (YTM) is the total return you'd earn from FHAPX if every bond in the portfolio is held to maturity at the current price. FHAPX'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.
