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FRLAX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    17.2896$
  • Previous Close
    17.2896$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FRLAX.US represents Fidelity Advisor Freedom 2030 Fund Class A. It is a mutual fund designed as a target-date retirement fund. The fund primarily invests in a diversified portfolio of other Fidelity mutual funds, including stock, bond, and money market funds, with the allocation gradually shifting over time to become more conservative as it approaches its target date of 2030. Its investment strategy aims to provide a combination of capital appreciation and income, appropriate for investors planning to retire around the year 2030.
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Factors

Market Interest Rates: Rising rates can decrease bond values, lowering FRLAX's net asset value.

Credit Risk: Downgrades or defaults on bonds held in the fund diminish its value.

Inflation: Unexpected inflation erodes bond values, negatively impacting FRLAX.

Economic Growth: Strong growth can lead to higher interest rates, impacting bond prices.

Fund Management: Skillful management enhances returns; poor decisions hurt performance.

Investor Sentiment: Increased selling pressure drives down the fund's price.

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