FUGLX

About FUGLX

Fidelity Advisor Freedom 2010 Fund Class K6 is a target‑date asset allocation fund designed for investors who retired around 2010 and seek ongoing income with controlled volatility. The fund pursues high total return with a secondary emphasis on principal preservation as it moves beyond its target date, allocating across Fidelity underlying funds spanning domestic and international equities, investment‑grade and Treasury bonds, short‑term instruments, and cash equivalents. Its glide path continues to shift toward a conservative mix similar to Fidelity Freedom Income Fund roughly 10–19 years after the target year, after which it is expected to merge into that income‑oriented vehicle. Portfolio management can tactically adjust the neutral allocation and employ futures to manage cash flows and maintain market exposure. Within the target‑date 2000–2010 category, the series benefits from Fidelity’s asset‑allocation team and research depth across fixed income and global equity sleeves, as reflected in holdings such as core investment‑grade bonds, short‑duration inflation‑protected securities, and diversified international strategies. This positioning makes the fund a maintenance‑stage retirement option emphasizing income stability and diversification across market cycles.