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 61 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 4.19 percent over the past year, and 4.32 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.1%|
|3 Years (Annualized)||4.3%|
|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 0.09 percent.
Risk is Low compared to funds in the same category according to Morningstar.