Fidelity Advisor Freedom Blend 2055 Fund Class M is a target-date mutual fund structured to support investors planning to retire around the year 2055. The fund’s primary objective is to seek high current income with capital appreciation as a secondary goal. Leveraging a blend of active and passive management strategies, the fund allocates its assets across a diversified portfolio that includes U.S. and international equities, fixed income, and other investments. This asset allocation is designed to adjust over time, transitioning from growth-oriented holdings in the early years toward a more conservative mix as the target retirement date approaches. The fund is managed by an experienced team and benefits from Fidelity’s robust asset allocation research and suite of underlying strategies, ensuring comprehensive market exposure and prudent risk management. With a semi-annual dividend payout and a focus on both growth and income, this fund serves as a foundational option for investors seeking a long-term, professionally managed solution tailored to retirement planning needs.
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