FHPDX

About FHPDX

Fidelity Freedom Blend 2010 Fund Class K6 is a target-date mutual fund designed for investors at or near retirement around 2010. Its primary purpose is to seek high current income, with capital appreciation as a secondary objective, by allocating across a diversified mix of Fidelity underlying funds spanning U.S. equities, international equities, investment-grade and inflation-protected bonds, securitized credit, and short‑term instruments. The fund follows a blended approach that combines active management with index strategies, using a neutral asset allocation that gradually transitions toward an income-oriented profile similar to the family’s income fund over time. This multi‑asset structure emphasizes core fixed income exposure—such as investment‑grade bonds and short-duration inflation‑protected securities—while maintaining a measured allocation to equities for longevity risk and purchasing-power support. Positioned within the Target-Date 2000–2010 category, it serves as a turnkey solution for retirement accounts, consolidating portfolio construction, rebalancing, and glide path management under Fidelity’s team-based oversight. The share class is intended for eligible investors as outlined in the prospectus, reflecting institutional pricing and distribution features.