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FTRRX

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

Analysis and statistics

  • Open
    8.2401$
  • Previous Close
    8.2401$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FTRRX.US refers to Fidelity Freedom 2040 Fund, a mutual fund offered by Fidelity Investments. It is a target-date fund, meaning its asset allocation is designed to become more conservative over time as it approaches its target retirement date of 2040. The fund primarily invests in a diversified portfolio of other Fidelity mutual funds, spanning various asset classes such as stocks, bonds, and short-term investments, with the allocation shifting gradually towards a more income-oriented strategy as the target date nears. The goal of FTRRX is to provide a balance between growth and income for investors planning to retire around the year 2040.
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Factors

Market Interest Rates: Rising rates can decrease the value of existing bond holdings in FTRRX.US as newly issued bonds become more attractive.

Credit Risk: Deterioration in the creditworthiness of bond issuers within the fund lowers the value of those bonds.

Inflation Expectations: Higher anticipated inflation erodes the real return of bonds, potentially decreasing their price.

Economic Growth: Strong economic growth might lead to higher interest rates, negatively impacting bond prices.

Fund Management Strategy: The investment decisions of the fund manager significantly influence the fund's performance.

Investor Sentiment: Positive or negative market sentiment affects the demand for FTRRX.US, impacting its price.

Fund Size and Liquidity: The overall size of the fund and its liquidity can play a role in price stability.

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