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FIRVX

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

Analysis and statistics

  • Open
    56.1099$
  • Previous Close
    56.1099$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FIRVX.US refers to Fidelity Freedom 2060 Fund. It's a target date fund designed for investors planning to retire around the year 2060. The fund invests in a mix of other Fidelity funds, primarily stocks, bonds, and short-term instruments, with the asset allocation becoming more conservative over time as the target date approaches. The fund's objective is to seek high total return until its target retirement date and, for investors in retirement, to seek high current income and, secondarily, capital appreciation.
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Factors

Fund Performance: A fund's historical and current performance significantly impacts its price. Strong returns attract investors, increasing demand and driving up the price.

Interest Rate Changes: FIRVX.US likely invests in fixed income securities. Rising interest rates typically decrease the value of existing bonds, thus lowering the fund's price, and vice-versa.

Credit Risk: Changes in the perceived creditworthiness of the bonds held within the fund affect the price. Downgrades or defaults can negatively impact fund value.

Market Sentiment: Overall investor confidence and risk appetite influence the demand for fixed income investments like FIRVX.US. Negative sentiment may lead to outflows and lower prices.

Expense Ratio: While not directly impacting price daily, a high expense ratio can make the fund less attractive compared to similar, lower-cost options, potentially affecting long-term demand.

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