Fidelity Freedom 2065 K6
FFSZX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Greg Bassuk
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- BOSTON MA 02210 Boston MA United States of America 2210
- IPO Date
- Jun 28, 2019
- CIK
- 0000880195
- Website
- fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2065 Fund Class K6 (FFSZX) is an open-end target-date mutual fund managed by Fidelity Investments that seeks high total return until its target retirement date around 2065, after which it transitions to high current income with secondary capital appreciation; it employs a neutral asset allocation strategy that automatically adjusts over time toward a more conservative mix. The fund primarily invests in a diversified portfolio of underlying Fidelity funds, including U.S. equity funds such as Fidelity Series Growth Company Fund and Fidelity Series Large Cap Stock Fund; international equity funds like Fidelity Series Emerging Markets Opportunities Fund, Fidelity Series International Value Fund, and Fidelity Series International Growth Fund; U.S. and non-U.S. bond funds; and short-term funds, with current allocations approximating 52% U.S. stocks, 40% non-U.S. stocks, 7% U.S. bonds, 2% non-U.S. bonds, and minimal cash. It targets retirement savers and institutional investors with long-term horizons, offering daily pricing, no front-end or deferred loads, a net expense ratio of 0.45%, and availability across the United States through brokerage and retirement plans. Launched on June 28, 2019, the fund is domiciled in the United States and headquartered at Fidelity Investments' Boston location, 245 Summer Street, Boston, MA 02210. The portfolio management team includes Andrew Dierdorf and Brett Sumsion since inception, with recent additions of Finola McGuire Foley and Cait Dourney effective May 30, 2025. As of late 2025, total net assets stand at approximately $2.38 billion, with the Class K6 share class at $1.17 billion. Recent developments include manager additions in May 2025 to enhance oversight amid strong second-quarter 2025 performance driven by global equities; a planned revised neutral asset allocation strategy to take effect by the end of the first quarter of 2027; and broader Fidelity Freedom series changes such as the September 9, 2025, renaming of Fidelity Freedom Income Fund to Fidelity Freedom Retirement Fund and a May 2024 consolidation of Fidelity Advisor Freedom Blend Fund Class Z6 into a Class K6 share class. In November 2025, Fidelity announced Pierre Sorel as chief investment officer of Fidelity Asset Management Solutions, overseeing Freedom funds. The fund maintains a blend investment style across large-cap stocks and high-credit-quality, extended interest-rate-sensitive bonds, categorized by Morningstar as Target-Date 2065+.