2 / 5 Stars
1 1 5 5 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#18 in Retirement Income
U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 3.58 percent over the past year, and 3.47 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.3%|
|3 Years (Annualized)||3.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 are Average compared to funds in the same category.
Fidelity Freedom® Index Income Fund has an expense ratio of 0.10 percent.
Risk is Low compared to funds in the same category according to Morningstar.