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FITHX

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1d
1w
1m

Analysis and statistics

  • Open
    16.0232$
  • Previous Close
    16.0232$
  • 52 Week Change
    --
  • 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

FITHX.US represents the Fidelity Freedom® 2040 Fund, a target date fund managed by Fidelity Investments. These funds are designed for investors planning to retire around the year 2040. The fund operates on a glide path strategy, meaning its asset allocation gradually shifts from a higher allocation to stocks, emphasizing growth, to a more conservative mix of stocks, bonds, and short-term investments as the target date approaches, prioritizing capital preservation and income generation. The fund invests in a diversified portfolio of other Fidelity mutual funds, providing exposure to various market segments and asset classes.
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Factors

Fund Holdings: The underlying assets (bonds, etc.) held by FITHX.US directly impact its price; changes in the value of these holdings affect the fund's Net Asset Value (NAV). Interest Rates: Rising interest rates generally decrease bond values, lowering FITHX.US's price, while falling rates usually increase bond values and the fund's price. Credit Quality: Deterioration in the creditworthiness of bonds held by the fund can decrease its price, whereas improved credit quality can increase it. Market Sentiment: Overall investor optimism or pessimism towards fixed income securities can influence demand for FITHX.US, thus affecting its price.

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