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FRDRX

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1d
1w
1m

Analysis and statistics

  • Open
    95.9437$
  • Previous Close
    95.9437$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FRDRX.US represents the Fidelity Freedom® 2045 Fund, a target date retirement fund managed by Fidelity Investments. These types of funds are designed to simplify retirement investing by automatically adjusting their asset allocation over time, becoming more conservative as the target retirement date (in this case, 2045) approaches. They typically invest in a mix of stocks, bonds, and other asset classes based on the investor's anticipated retirement timeline.
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Factors

Economy: Overall economic health affects corporate earnings, influencing FRDRX.US holdings.

Interest Rates: Rising rates can decrease bond values in the fund, impacting its net asset value (NAV).

Market Sentiment: Investor optimism or pessimism affects demand for FRDRX.US, influencing its price.

Fund Management: The skills of the fund managers and their investment strategy impact fund performance.

Sector Performance: FRDRX.US holdings in specific sectors will fluctuate based on that sector's performance.

Inflation: Rising inflation can erode the value of fixed-income assets held by the fund.

Company Performance: Individual company performance within FRDRX.US affects its overall value.

Geopolitical Events: Global events create volatility, impacting market conditions and the fund.

Currency Fluctuations: Changes in currency values impact international investments held by the fund.

Supply & Demand: High demand increases price, while increased selling pressure decreases it.

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