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LFTMX

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1d
1w
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Analysis and statistics

  • Open
    10.9567$
  • Previous Close
    10.9567$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

LFTMX.US refers to the Fidelity Freedom® 2060 Fund, a mutual fund offered by Fidelity Investments. This fund is a target date fund, meaning its asset allocation is designed to become more conservative over time as it approaches its target retirement year of 2060. The fund primarily invests in a mix of other Fidelity mutual funds representing a diversified portfolio of stocks, bonds, and short-term investments. The goal is to provide a combination of capital appreciation and income, suitable for investors planning to retire around the year 2060.
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Factors

Net Asset Value (NAV): LFTMX.US's price closely tracks its NAV, reflecting the underlying value of its bond holdings.

Interest Rate Changes: Rising rates typically decrease bond values, lowering LFTMX.US's price, while falling rates increase values and price.

Credit Risk: Downgrades or defaults within LFTMX.US's bond portfolio can negatively impact its price.

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