FJAJX

About FJAJX

Fidelity Advisor Freedom Blend 2020 Fund – Class I is a target-date mutual fund designed for investors around the 2020 retirement cohort, aiming for high total return before the target date and emphasizing high current income thereafter, with capital appreciation as a secondary goal. The fund uses a “blend” approach, allocating across actively managed and index strategies from Fidelity to balance diversification, cost, and flexibility. It follows a declining-risk glide path that gradually shifts from equities toward a core of investment-grade bonds, Treasury and inflation-protected securities, and diversified international fixed income, while maintaining a measured equity sleeve for longevity and inflation risks. Underlying holdings span U.S. large-cap, international developed and emerging markets equities, plus multi-sector bond exposures, and derivative overlays for efficient duration management. The fund is part of Fidelity’s Freedom series and benchmarks against the Bloomberg U.S. Aggregate Bond Index and a custom composite for its vintage, with portfolio assets in the billion-dollar range and moderate turnover. Class I is intended for eligible investors and does not carry a front-end sales charge or 12b-1 fee.