Fidelity Freedom 2015 K6
FPTKX
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
FRC
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in mil. unless spec.- CEO
- Igor Shekhterman
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- BOSTON MA 02210 Boston MA United States of America 2210
- IPO Date
- Jun 7, 2017
- CIK
- 0000880195
- Website
- fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2015 Fund (Class K6) (FPTKX) is a target-date mutual fund designed for investors who have retired or expect to retire in or within a few years of 2015 at or around age 65. The fund seeks high total return until its target retirement date and thereafter high current income with secondary capital appreciation by investing primarily in a combination of underlying Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds; key holdings include Fidelity Series Investment Grade Bond Fund (approximately 29.88%), Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (10.22%), Fidelity Series Government Money Market (4.57%), Fidelity Series Emerging Markets Opportunities Fund (4.56%), and Fidelity Series International Developed Markets Bond Index Fund (4.38%), with asset allocation reflecting approximately 53.53% U.S. bonds, 19.15% U.S. stocks, 17.97% non-U.S. stocks, 7.04% non-U.S. bonds, 1.86% cash, and 0.44% other. Managed as part of Fidelity Investments' Freedom Funds family within the target-date 2015 category, it targets retirement plan participants and individual investors seeking diversified, age-based portfolio management with a net expense ratio of 0.26% and total net assets of approximately $4.39 billion. Launched with inception date June 7, 2017 for the Class K6 shares (portfolio inception November 6, 2003), the fund is headquartered in Boston, Massachusetts, and operates primarily in the United States with global exposure through its underlying funds. It employs a glide path strategy that systematically reduces equity exposure and increases fixed income over time to balance risk and return post-retirement. In recent strategic developments, Fidelity announced updates to the Freedom Funds' glide path and strategic asset allocation in 2025, increasing equity exposure by 0.5-9% (funded from fixed income or short-term debt) for certain vintages including those near retirement, boosting inflation-sensitive assets like U.S. Treasury Inflation-Protected Bonds (TIPS) and commodities for investors in or near retirement; the transition begins in Q4 2025 and completes by Q1 2027. Additionally, on May 24, 2024, Fidelity Advisor Freedom Blend Fund Class Z6 consolidated into Fidelity Freedom Blend 2015 Fund Class K6, reflecting ongoing portfolio rationalization within the fund family, while Q2 2025 commentary for peer Freedom 2020 Fund highlighted gains driven by active management and global tilts amid inflation pressures.