Fidelity Freedom K® 2055 Fund

Class Other (FDENX)

U.S. News evaluated 46 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 16.15 percent over the past year.

Trailing Returns Updated 03.31.2014
Year to date 1.2%
1 Year 16.2%
3 Years (Annualized) N/A
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).

Fees

Fees are Low compared to funds in the same category.
Fidelity Freedom K® 2055 Fund has an expense ratio of 0.05 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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