FHBZX

About FHBZX

Fidelity Freedom Blend Income Fund is a target-date retirement mutual fund designed to deliver high current income with a secondary goal of capital appreciation. It invests primarily in a diversified mix of Fidelity equity and fixed income strategies, combining active and index approaches to balance income generation with risk control. The portfolio emphasizes high-quality U.S. investment‑grade bonds, Treasuries, inflation‑protected securities, and securitized credit, complemented by modest allocations to U.S. large-cap equities, international developed and emerging markets, and short‑term instruments. This blended structure seeks steady distributions and stability while maintaining exposure to global growth drivers. Positioned within Fidelity’s Freedom Blend series, the fund leverages an experienced multi‑asset team and a broad lineup of underlying strategies to implement strategic and tactical asset allocation. It plays a foundational role for retirees or investors in the income phase who prioritize dependable cash flows, diversification across fixed income sectors, and controlled equity participation to support long‑term retirement objectives.