Fidelity Freedom Blend 2015 Fund - Class K is a target-date mutual fund designed for investors who reached or were near retirement around 2015 and seek a balance tilted toward income with moderate growth potential. The fund allocates across a diversified mix of Fidelity underlying strategies spanning U.S. equities, international equities, investment-grade bonds, inflation-protected securities, and short-term funds, managed against a neutral glide path that gradually becomes more conservative over time. According to Fidelity, the allocation may be tactically adjusted around the neutral mix, and the fund is intended to converge toward the Freedom Blend Income profile in the years following the target date. Morningstar notes the series is overseen by an experienced team and uses a blend of active and indexed underlying strategies, reflecting a prudent, research-driven approach for retirement savers in the Target-Date 2015 category. Public disclosures indicate the fund’s inception in 2018 within the Blend lineup and availability to eligible employer-sponsored retirement plans in this share class. This structure positions the fund as a diversified, professionally managed core holding for post-retirement income orientation within a single vehicle.
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