2 / 5 Stars
1 2 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#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.
The fund has returned 4.07 percent over the past year, and 4.11 percent over the past three years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||1.3%|
|3 Years (Annualized)||4.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks high current income and capital appreciation as a secondary objective. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It allocates assets among underlying Fidelity Funds according to a stable target asset allocation of approximately: 17% in Domestic Equity Funds; 46% in Bond Funds; 7% in International Equity Funds; 30% in Short-Term Funds.
Fees are Average compared to funds in the same category.
Fidelity Freedom K® Income Fund has an expense ratio of 0.05 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.