2 / 5 Stars
1 1 5 5 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#20 in Retirement Income
U.S. News evaluated 62 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 6.16 percent over the past year, and 5.52 percent over the past three years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||2.0%|
|3 Years (Annualized)||5.5%|
|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 using a moderate asset allocation strategy designed for investors already in retirement. It allocates assets among underlying Fidelity funds according to a stable target asset allocation.
Fees are Low 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.