Fidelity Freedom Index 2035 Fund - Investor Class
FIHFX
NASDAQ- -
USD
- -
- -
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
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Oct 5, 2009
- CIK
- 0000880195
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom Index 2035 Fund - Investor Class (FIHFX) is a target-date mutual fund that seeks high total return until its target retirement date around 2035, thereafter focusing on high current income and secondary capital appreciation. The fund, managed by Fidelity Management & Research Company LLC and launched on October 2, 2009, invests primarily in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds that track specific indexes; these include Fidelity Series Total Market Index Fund for U.S. equities, Fidelity Series Global ex U.S. Index Fund for non-U.S. equities, Fidelity Series Bond Index Fund for U.S. investment-grade bonds, Fidelity Series Long-Term Treasury Bond Index Fund, Fidelity Series International Developed Markets Bond Index Fund, and others, with current allocations approximately 40% U.S. equities, 27% non-U.S. equities, 33% bonds, and minimal short-term debt. Investor Class shares (CUSIP 315793802) feature a net expense ratio of 0.12%, with related share classes including Institutional Premium Class (FFEZX), Premier Class (FNIPX), and Premier II Class (FAVNX); the fund serves retirement savers targeting age 65 near 2035, employing a neutral asset allocation strategy that shifts gradually toward fixed income, headquartered in Smithfield, Rhode Island as part of Fidelity's broader Freedom Index Funds series. In a major strategic update, Fidelity began transitioning the Freedom Index Funds, including FIHFX, to a revised glide path and strategic asset allocation on October 1, 2025, reducing U.S. nominal bonds, increasing inflation-protected bonds and commodities exposure via the Bloomberg Commodity 3 Month Forward Index (TR), with completion expected by Q1 2027; this follows semiannual gains through September 30, 2025, and aligns with ongoing portfolio management by team leads Andrew Dierdorf (since 2009), Cait Dourney (since 2025), Finola McGuire Foley (since 2018), and Brett Sumsion (since 2014).