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FKRFX

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

Analysis and statistics

  • Open
    59.4529$
  • Previous Close
    59.4529$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FKRFX.US represents the Fidelity Freedom® 2030 Fund. This is a target date retirement fund offered by Fidelity Investments. Target date funds are designed to simplify retirement investing by automatically adjusting their asset allocation over time, becoming more conservative as the target retirement date approaches. The "2030" in the fund's name indicates that it's geared towards investors planning to retire around the year 2030. The fund primarily invests in a mix of other Fidelity mutual funds that cover a range of asset classes, including stocks, bonds, and short-term investments, with the allocation shifting gradually towards a greater proportion of fixed income as the target date nears.
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Factors

Market Interest Rates: Rising rates generally decrease bond values, impacting FKRFX's net asset value.

Credit Risk: Changes in the perceived creditworthiness of bond issuers within FKRFX affect its price.

Inflation Expectations: Higher inflation erodes bond values, potentially lowering FKRFX's price.

Economic Growth: A strong economy may lead to higher interest rates, negatively impacting bond values in FKRFX.

Fund Management Strategy: Active management decisions and security selection impact fund performance and price.

Investor Demand: Increased demand for bond funds like FKRFX can drive up its price, and vice versa.

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