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PFFRX

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1m

Analysis and statistics

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About

PFFRX.US is the ticker symbol for the Fidelity Advisor Freedom 2045 Fund Class A, a target-date retirement fund managed by Fidelity Investments. These types of funds are designed for investors planning to retire around a specific year, in this case, 2045. The fund's asset allocation (mix of stocks, bonds, and other investments) gradually becomes more conservative as the target date approaches, shifting from a higher allocation to growth-oriented assets early on to a greater emphasis on income-generating and capital-preservation assets as retirement nears. Class A shares often come with a front-end sales charge or load, which is a one-time fee paid when the investor purchases the shares. Investors should review the fund's prospectus for complete details on fees, investment objectives, risks, and performance.
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Factors

Interest Rates: Rising rates generally decrease PFFRX value as existing fixed-income securities become less attractive.

Credit Risk: Downgrades in credit ratings of preferred stocks held by the fund can lower its price.

Market Sentiment: Overall investor optimism or pessimism towards preferred stocks influences fund demand and price.

Inflation: Higher inflation can erode the real value of fixed income investments, potentially impacting PFFRX negatively.

Liquidity: Lower trading volume or difficulty in selling preferred stock holdings can decrease the fund's net asset value.

Call Risk: Issuers redeeming preferred shares at par value can limit potential capital gains for the fund.

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