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FOAAX

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1d
1w
1m

Analysis and statistics

  • Open
    20.59$
  • Previous Close
    20.59$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FOAAX.US represents the Fidelity Advisor Freedom 2030 Fund Class A. This mutual fund is designed as a target date fund, meaning its asset allocation gradually shifts over time to become more conservative as it approaches and passes its target retirement year of 2030. The fund invests primarily in a mix of other Fidelity mutual funds, representing a diversified portfolio of stocks, bonds, and short-term investments. Its objective is to provide a combination of capital appreciation and income, aligning with the needs of investors planning to retire around the year 2030. Performance and risk are typical considerations for investments of this nature.
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Factors

Market Interest Rates: Rising interest rates generally decrease bond prices, impacting FOAAX's net asset value.

Credit Quality of Holdings: Downgrades in the creditworthiness of bonds within the fund's portfolio can negatively affect the price.

Economic Growth: Strong economic growth may lead to expectations of higher inflation and interest rates, pressuring bond prices.

Inflation Expectations: Increased inflation expectations erode the real value of fixed-income securities, potentially lowering FOAAX's price.

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