Fidelity Freedom® 2055 Fund

Class Other (FDEEX)

U.S. News evaluated 48 Target Date 2051+ 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 20.90 percent over the past year, and 10.39 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 5.4%
1 Year 20.9%
3 Years (Annualized) 10.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks high total return until its target retirement date. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2055).

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Highest Returns (10-year)

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