FHFEX

About FHFEX

Fidelity Freedom Blend 2010 Fund Class K is a target-date mutual fund designed for investors who reached or were near retirement around 2010. The fund pursues a diversified, blended approach by allocating across Fidelity U.S. equity, international equity, bond, and short‑term funds, with a glide path that gradually shifts toward income and capital preservation as investors age. Its portfolio emphasizes high‑quality fixed income—such as government, investment‑grade corporate, securitized, and short‑duration inflation‑protected bonds—while maintaining a modest allocation to equities for growth potential. Managed within Fidelity’s broader target‑date framework, the fund’s neutral asset allocation continues to evolve until it aligns with the Fidelity Freedom Blend Income Fund’s profile. This structure aims to provide balanced exposure to global markets, dampen volatility relative to equity‑heavy strategies, and deliver ongoing income consistent with retirement‑stage needs. The fund features institutional Class K pricing and a low expense ratio relative to retail share classes, reflecting its role in employer‑sponsored retirement plans and institutional lineups.