Fidelity Freedom® Index Income Fund

Class Other (FIKFX)
Scorecard
2 / 5 Stars
Lipper
1 1 5 5 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#17 in Retirement Income

U.S. News evaluated 61 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 2.98 percent over the past year, and 3.42 percent over the past three years.

Trailing Returns Updated 03.31.2014
Year to date 1.3%
1 Year 3.0%
3 Years (Annualized) 3.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of underlying Fidelity Funds, each of which (excluding the money market fund) seeks to provide investment results that correspond to the total return of a specific index or market segment. It will use a moderate asset allocation strategy designed for investors already in retirement.

Fees

Fees are Average compared to funds in the same category.
Fidelity Freedom® Index Income Fund has an expense ratio of 0.10 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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