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FRQKX

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

Analysis and statistics

  • Open
    55.2339$
  • Previous Close
    55.2339$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FRQKX.US is the ticker symbol for Fidelity Freedom® 2060 Fund, a mutual fund offered by Fidelity Investments. This fund is designed for investors planning to retire around the year 2060 and aims to provide a diversified portfolio that gradually becomes more conservative as the target retirement date approaches. It allocates investments across a mix of stocks, bonds, and other asset classes according to a predetermined glide path.
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Factors

Market Interest Rates: When interest rates rise, bond yields become more attractive, potentially decreasing demand for FRQKX.US and its price.

Credit Quality: Downgrades of debt held by the fund can negatively affect its NAV and price. Conversely, upgrades can increase them.

Economic Growth: Stronger economic growth can lead to higher interest rates and inflation, potentially impacting bond prices negatively.

Inflation Expectations: Rising inflation expectations usually drive bond yields higher, causing bond prices, including those in FRQKX.US, to fall.

Fund Management: The skill of the fund manager and investment strategy impact the fund's performance relative to its benchmark, influencing its price.

Supply and Demand: High demand for FRQKX.US can drive its price higher, while increased selling pressure can lower it.

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