FHRDX

About FHRDX

Fidelity Freedom Blend Income Fund Class K6 is a target-date retirement mutual fund designed to provide investors with high current income as its primary objective, while pursuing capital appreciation as a secondary goal. The fund achieves this by investing predominantly in a blend of Fidelity U.S. and international equity funds, bond funds, and short-term funds; these underlying investments are a mix of both actively and passively managed strategies. This diversified allocation seeks to balance growth and income potential, making the fund suitable for investors looking to preserve and gradually grow capital, particularly as they approach or enter retirement. Noteworthy features of this fund include its monthly dividend distributions and a historically competitive expense ratio of approximately 0.21%, aiming to deliver value to long-term holders. Managed by Fidelity, one of the industry's leading fund families, the fund leverages broad sector exposure across global equity and fixed income markets. Its diversified approach enables it to navigate varying market conditions and manage risk more effectively than more narrowly focused funds. Fidelity Freedom Blend Income Fund Class K6 thus plays a significant role for investors seeking an income-oriented solution with moderate growth potential, particularly within retirement planning strategies.