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FLRTX

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Analysis and statistics

  • Open
    14.5972$
  • Previous Close
    14.5972$
  • 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
    --
  • Volume
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About

FLRTX.US represents Fidelity Freedom® 2050 Fund, a target-date retirement fund offered by Fidelity Investments. These funds are designed for investors planning to retire around the year 2050. The fund operates as a fund of funds, meaning it invests primarily in other Fidelity mutual funds, allocating assets across a diversified portfolio of stocks, bonds, and short-term investments. The asset allocation becomes more conservative over time as the target retirement date approaches, gradually shifting towards a greater proportion of bonds to reduce risk. Investors should consider their individual circumstances and risk tolerance before investing in a target-date fund.

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Factors

Fund Performance: Strong fund performance typically attracts more investors, increasing demand and potentially raising the fund's price.

Market Conditions: Overall market sentiment and economic factors can significantly impact the fund's value, especially if it invests in specific sectors.

Interest Rates: Changes in interest rates can affect bond yields and influence investor preferences, potentially impacting the fund's price.

Fund Expenses: Higher expense ratios can detract from returns, potentially making the fund less attractive and affecting its price.

Investor Sentiment: Positive or negative investor sentiment toward the fund or its underlying assets can drive demand and impact its price.

Fund Manager Decisions: Investment decisions made by the fund manager, such as asset allocation and security selection, can influence the fund's performance and price.

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