Fidelity Freedom 2030 K6
FGTKX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- BOSTON MA 02210 Boston MA United States of America 02210
- IPO Date
- Jun 7, 2017
- CIK
- 0000880195
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2030 Fund - Class K6 (FGTKX) is a target-date mutual fund managed by Fidelity Investments that seeks high total return until its target retirement date around 2030 through approximately age 65, thereafter transitioning toward high current income and capital preservation. The fund invests primarily in a diversified portfolio of underlying Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds; key holdings comprise Fidelity Series Investment Grade Bond Fund (approximately 20%), Fidelity Series Emerging Markets Opportunities Fund, Fidelity Series Growth Company Fund, Fidelity Series Large Cap Stock Fund, and Fidelity Series 5+ Year Inflation-Protected Bond Index Fund, representing about 45% of assets. It targets retirement savers such as participants in 401(k) plans and other defined contribution programs, with asset allocation that currently features roughly 32% U.S. bonds, 31% U.S. stocks, 27% non-U.S. stocks, 7% non-U.S. bonds, and 3% cash. Fidelity Investments, headquartered in Boston, Massachusetts, launched the broader Fidelity Freedom 2030 Fund in 1996, with the Class K6 share launched in 2017; the fund maintains total net assets of approximately $33.5 billion across share classes, with Class K6 holding about $11.7 billion. Operations focus on the United States market, serving institutional and retail investors through brokerage platforms, retirement plans, and advisory services. Portfolio management is led by co-managers Andrew Dierdorf (since June 2011), Brett Sumsion (since January 2014), with recent additions Finola McGuire Foley and Cait Dourney (both since May 30, 2025). In a significant recent change, Fidelity appointed Cait Dourney as co-portfolio manager effective April 1, 2025, to the suite of target-date funds including FGTKX, enhancing the team's expertise in global asset allocation. The fund features a net expense ratio of 0.36%, no front-end or deferred loads, and operates within the Target-Date 2030 Morningstar category.