Fidelity Freedom Index 2030 Fund - Investor Class
FXIFX
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Oct 5, 2009
- CIK
- 0000880195
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom Index 2030 Fund - Investor Class (FXIFX) is a target-date mutual fund that seeks high total return until its target retirement date around 2030, thereafter transitioning to high current income and, as a secondary objective, capital appreciation; it invests primarily in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds, each designed to track specific market indexes. Core holdings include Fidelity Series Total Market Index Fund (36.17%), Fidelity Series Bond Index Fund (25.76%), Fidelity Series Global ex U.S. Index Fund (23.65%), Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (5.47%), and Fidelity Series International Developed Markets Bond Index Fund (4.80%), representing 95.85% of the portfolio with allocations to U.S. equities (36.20%), U.S. bonds (33.42%), non-U.S. equities (23.54%), and non-U.S. bonds (6.55%). The fund employs a neutral asset allocation strategy that adjusts gradually over time toward a more conservative mix similar to the Fidelity Freedom Index Income Fund approximately 10 to 19 years after the target date, utilizing futures contracts for cash flow management and full investment. Launched on October 2, 2009, and domiciled in the United States, the Investor Class shares trade under the ticker FXIFX with a net expense ratio of 0.12%, no front-end or deferred loads, and a minimum initial investment of $0; it is available primarily to U.S. investors through brokerage platforms and retirement plans. The fund, managed by Fidelity Management & Research Company LLC, has approximately $25 billion in total net assets as of late 2025, with a portfolio turnover rate of 14% and a glide path that shifts allocations progressively from equities toward bonds and short-term debt. Recent developments include the appointment of Cait Dourney, CFA, as portfolio manager effective May 30, 2025, alongside existing managers Andrew Dierdorf (since 2009), Brett Sumsion (since 2014), and Finola McGuire Foley (since 2018); the launch of the Premier II Class (FAUYX) on August 22, 2024; and the initiation of a transition to a revised strategic asset allocation glide path in Q4 2025, expected to complete by Q1 2027. As of September 30, 2025, the fund's asset allocation reflects U.S. equities at 34.98%, non-U.S. equities at 23.40%, bonds at 41.53% (including U.S. investment-grade, long-term Treasury, inflation-protected, and international bonds), and short-term debt/net other assets at 0.09%, supporting its target-date 2030 Morningstar category positioning.