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Fidelity Freedom® Income FFFAX

Analyst rating as of
NAV / 1-Day Return
10.33  /  0.68 %
Total Assets
2.4 Bil
Adj. Expense Ratio
0.470%
Expense Ratio
0.470%
Fee Level
Average
Longest Manager Tenure
11.43 years
Category
Target-Date Retirement
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
High / Moderate
Status
Open
TTM Yield
2.77%
Turnover

Morningstar’s Fund Analysis FFFAX

Will FFFAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Executive Changes Within Fidelity Asset Management Solutions; Ratings Unchanged

Senior Analyst

Analyst Note

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On Nov. 21, 2022, Fidelity announced two executive changes affecting Fidelity Asset Management Solutions, or FAMS. Current president of FAMS Vadim Zlotnikov will become president of the Fidelity Institutional division, assuming the role currently held by Michael Durbin. In addition, the firm has promoted Bill Irving, chief investment officer of global asset allocation, to president of FAMS. The formal transitions will happen in December. Irving will maintain his current duties as CIO while also taking on additional responsibilities as president of the group. This dual role is not unprecedented, as Zlotnikov held both positions prior to Irving's promotion to CIO of global asset allocation in May 2020.

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