Fidelity Freedom 2035 K6
FWTKX
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
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.- CEO
- Abigail Johnson
- 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
- institutional.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2035 Fund Class K6 (FWTKX) is a target-date mutual fund managed by Fidelity Investments that seeks high total return until its target retirement date around 2035, after which it transitions toward current income and capital preservation through a glide path that gradually reduces exposure to equities and increases fixed income allocations. The fund primarily invests in a diversified portfolio of underlying Fidelity equity, fixed income, and short-term funds, including Fidelity Series Investment Grade Bond Fund, Fidelity Series Emerging Markets Opportunities Fund, Fidelity Series Growth Company Fund, Fidelity Series Large Cap Stock Fund, Fidelity Series International Value Fund, and others, representing approximately 45% concentration in its top five holdings; it features a net expense ratio of 0.39%, total net assets of $31.02 billion, and operates within the Target-Date 2035 Morningstar category. Fidelity Investments, headquartered in Boston, Massachusetts, offers the fund to retirement plan participants and individual investors primarily in the United States, with no minimum initial investment required. Launched on June 7, 2017, as part of Fidelity's Freedom suite of target-date funds originally established in 2003, FWTKX provides automatic asset allocation adjustments aligned with investors anticipating retirement around age 65 in 2035. Recent portfolio management changes include the appointment of Cait Dourney and Finola McGuire Foley as co-portfolio managers effective May 30, 2025, alongside existing managers Andrew Dierdorf and Brett Sumsion; in November 2025, Fidelity announced Pierre Sorel as the new chief investment officer of Fidelity Asset Management Solutions. In May 2024, Fidelity consolidated Fidelity Advisor Freedom Blend Fund Class Z6 into the Fidelity Freedom Fund Class K6 lineup, reflecting ongoing strategic enhancements to its target-date offerings, with no reported acquisitions, funding rounds, or major product launches specific to FWTKX in the last 1-2 years.