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FADMX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    11.9808$
  • Previous Close
    11.9808$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FADMX.US represents the Fidelity Advisor Freedom 2050 Fund Class M, a target date retirement fund managed by Fidelity Investments. These funds are designed for investors planning to retire around the year 2050. The fund operates as a fund of funds, meaning it invests in a mix of other Fidelity mutual funds that represent a diversified portfolio of stocks, bonds, and short-term investments. As the target date approaches, the fund's asset allocation gradually shifts to become more conservative, decreasing exposure to equities and increasing exposure to fixed income assets to reduce risk as investors near retirement.
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Factors

Asset Performance: FADMX's price mirrors its holdings' value. Strong stock or bond returns boost its NAV.

Interest Rates: Higher rates can depress bond prices, potentially lowering FADMX's value if it holds bonds.

Market Sentiment: Overall investor optimism or pessimism impacts demand, influencing FADMX's price.

Fund Flows: Large inflows increase demand, possibly raising the price; outflows can decrease it.

Expense Ratio: Higher expenses detract from returns, potentially affecting the fund's appeal and price.

Management Style: A skilled manager can enhance returns, positively impacting FADMX's price.

Economic Data: Inflation, GDP growth, and employment data influence market conditions and FADMX's price.

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