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FADNX

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

Analysis and statistics

  • Open
    11.814$
  • Previous Close
    11.814$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FADNX.US refers to Fidelity Advisor Freedom 2060 Fund Class A. It's a mutual fund offered by Fidelity Investments that is designed for investors planning to retire around the year 2060. The fund operates as a target-date fund, meaning its asset allocation becomes more conservative over time, shifting from a higher proportion of stocks to a greater allocation towards bonds as the target retirement date approaches. This is done to reduce risk as investors get closer to retirement. The fund invests in a mix of other Fidelity funds representing a range of asset classes.
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Factors

Fund Performance: A fund's historical returns and relative performance against its benchmark influence investor demand.

Market Conditions: Broad market trends, economic growth, and investor sentiment impact fund values.

Interest Rates: Rising interest rates can negatively affect bond funds like FADNX.US.

Credit Risk: The creditworthiness of the bonds held in the fund affects its price.

Expense Ratio: Higher expenses can reduce returns, making the fund less attractive to investors.

Fund Flows: Large inflows can drive up prices, while outflows can depress them.

Management Style: The fund manager's investment strategy impacts performance and risk.

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