Fidelity Advisor Freedom Blend Income Fund Class A is a mutual fund designed to provide investors with high current income, alongside a secondary goal of capital appreciation. As part of Fidelity's Freedom Blend series, it serves as the final allocation in a target-date suite, typically used by individuals entering or in retirement. The fund distinguishes itself by implementing a diversified, multi-asset strategy, investing primarily in underlying Fidelity mutual funds and index portfolios across U.S. and international equities, a broad range of bonds, and alternative assets. Notably, the fund’s largest allocation is often to high-quality, short- to intermediate-term U.S. fixed-income securities, such as inflation-protected bonds, government and investment-grade corporate debt, enhancing income and managing risk. Its active asset allocation and periodic rebalancing draw on Fidelity’s extensive investment research, seeking to adapt to evolving market conditions while supporting retirement income needs. The fund’s structure and strategy make it a cornerstone of retirement planning, providing broad exposure to global financial markets and aiming for portfolio stability during the income-drawing years.
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