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FIAKX

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

Analysis and statistics

  • Open
    9.2762$
  • Previous Close
    9.2762$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FIAKX.US represents the Fidelity Advisor Freedom Income Fund Class A. It's a target date fund designed for investors planning to retire around the year 2025. The fund's asset allocation becomes more conservative over time, shifting gradually from a higher allocation to stocks towards a greater emphasis on bonds and short-term investments as it approaches its target date. This glide path strategy aims to reduce risk as the investor nears retirement, providing a smoother transition into retirement income. Investors should carefully review the fund's prospectus for details on its specific asset allocation strategy and fees.
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Factors

Market Interest Rates: Rising rates often decrease bond values, negatively impacting FIAKX as bond yields become more attractive.

Credit Risk: Downgrades or defaults on bonds held by FIAKX can lower its net asset value.

Inflation Expectations: Higher inflation usually pushes bond yields up, reducing bond prices within the fund.

Economic Growth: Strong growth might increase interest rates, pressuring bond prices downwards.

Fund Management: The skill of the fund managers in selecting and managing bond holdings affects performance.

Supply and Demand: Large investor purchases or redemptions can influence the fund's price.

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