Fidelity Freedom 2010 K6 (FOTKX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.67: the stock has moved about 33% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFidelity Freedom 2010 K6 (FOTKX) trades at $15.07. Fidelity Freedom 2010 K6 is a target date fund that invests in a mix of U.S. and international equities, bonds, and short-term instruments. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for FOTKX: FOTKX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Fidelity Freedom 2010 K6 (FOTKX) Financial Services Profile
Fidelity Freedom 2010 K6 is a target date fund within the asset management sector, offering a diversified portfolio across equities, bonds, and short-term investments. The fund's strategic asset allocation shifts to a more conservative stance over time, aligning with investors nearing retirement around the year 2010, aiming for long-term growth and income.
What Is the Investment Thesis for FOTKX?
Fidelity Freedom 2010 K6 presents a compelling option for investors seeking a hands-off, diversified approach to retirement savings. The fund's strategic asset allocation, managed by Fidelity, automatically adjusts over time, reducing the need for investors to actively rebalance their portfolios. With a beta of 0.67, the fund exhibits lower volatility compared to the overall market, which may appeal to risk-averse investors. However, the fund does not offer a dividend yield, which may be a drawback for investors seeking current income. The fund's performance is closely tied to the performance of the underlying Fidelity funds in which it invests. Key value drivers include the expertise of Fidelity's investment management team and the effectiveness of the fund's glide path in achieving its long-term objectives. Ongoing monitoring of the fund's asset allocation and performance is crucial to ensure it remains aligned with investors' retirement goals.
Based on FMP financials and quantitative analysis
FOTKX Key Highlights
Market Cap of $3.07B indicates substantial assets under management, reflecting investor confidence.
- Beta of 0.67 suggests lower volatility compared to the broader market, potentially offering downside protection.
- Strategic asset allocation across U.S. equities, international equities, bonds, and short-term funds provides diversification.
- Glide path adjusts asset allocation over time, becoming more conservative as the target date approaches.
- Managed by Fidelity Investments, a well-established and reputable asset management firm.
Who Are FOTKX's Competitors?
FOTKX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| VFFVX Vanguard Target Retirement 2055 Fund | $74.29 | +0.76% | $76.9B | — |
| TRRDX T. Rowe Price Retirement 2040 Fund | $38.06 | +0.77% | $26.8B | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
| BAM Brookfield Asset Management | $44.85 | +0.65% | $71.6B | 58 5-pillar |
| AMP Ameriprise Financial, Inc. | $490.91 | -0.79% | $44.1B | 76 5-pillar |
| ARES Ares Management Corporation | $117.55 | +0.84% | $38.6B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FOTKX's Key Strengths?
Strong brand reputation of Fidelity Investments.
- Diversified asset allocation across multiple asset classes.
- Experienced investment management team.
- Established glide path strategy.
What Are FOTKX's Weaknesses?
No dividend yield, which may be unattractive to income-seeking investors.
- Performance is dependent on the performance of underlying Fidelity funds.
- Management fees can erode returns over time.
- Vulnerable to market downturns and economic uncertainty.
What Are the Key Risks for FOTKX?
Market downturns and economic uncertainty could negatively impact the fund's performance.
- Increased competition from other asset managers could lead to fee compression.
- Regulatory changes and compliance costs could increase expenses.
- Dependence on the performance of underlying Fidelity funds.
- Changes in investor preferences and retirement planning trends.
What Are FOTKX's Competitive Advantages?
- Brand reputation: Fidelity Investments is a well-known and trusted brand in the asset management industry.
- Scale: Fidelity has a large asset base, which allows it to achieve economies of scale and offer competitive fees.
- Distribution network: Fidelity has a wide distribution network, including direct channels, financial advisors, and retirement plan providers.
What Does FOTKX Do?
Fidelity Freedom 2010 K6 is a target date fund managed by Fidelity Investments. The fund is designed to provide a diversified investment portfolio for individuals planning to retire around the year 2010. It achieves this by investing in a combination of other Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds. The fund's core strategy revolves around a neutral asset allocation glide path, which gradually adjusts the portfolio's composition over time. Initially, the fund holds a higher allocation to equities to pursue growth, and as the target date approaches, it shifts towards a more conservative mix with a greater emphasis on bonds and short-term investments. This glide path is designed to reduce risk and preserve capital as investors near retirement. The ultimate goal is to align the fund's asset allocation with that of the Fidelity Freedom Income Fund approximately 10 to 19 years after the year 2010. Fidelity Investments, the manager of the fund, has a long history in the asset management industry, dating back to 1946. The firm offers a wide range of investment products and services to individuals and institutions.
What Products and Services Does FOTKX Offer?
- Invests in a diversified portfolio of Fidelity funds.
- Offers exposure to U.S. equities, international equities, bonds, and short-term investments.
- Employs a glide path strategy to adjust asset allocation over time.
- Gradually shifts towards a more conservative asset mix as the target date approaches.
- Aims to provide long-term growth and income for investors planning to retire around 2010.
- Managed by Fidelity Investments, a leading asset management firm.
How Does FOTKX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM growth is driven by net inflows from investors and the performance of the underlying investments.
- Expenses include investment management fees, administrative costs, and marketing expenses.
What Industry Does FOTKX Operate In?
Fidelity Freedom 2010 K6 operates within the asset management industry, which is characterized by intense competition and evolving investor preferences. Target date funds, like FOTKX, have gained popularity as a convenient solution for retirement savings, offering automatic diversification and asset allocation adjustments. The industry faces challenges such as fee compression, regulatory changes, and the increasing demand for personalized investment solutions. The competitive landscape includes other major asset managers offering similar target date funds, each with its own unique glide path and investment strategy. The growth of the asset management industry is driven by factors such as rising disposable incomes, increasing awareness of retirement planning, and the aging population.
Who Are FOTKX's Key Customers?
- Individual investors planning for retirement.
- Retirement plan participants in employer-sponsored plans.
- Financial advisors seeking diversified investment solutions for their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
FOTKX Financials
Bull Case vs Bear Case
Bull Case
- Strong brand reputation of Fidelity Investments.
- Diversified asset allocation across multiple asset classes.
- Experienced investment management team.
- Established glide path strategy.
Bear Case
- No dividend yield, which may be unattractive to income-seeking investors.
- Performance is dependent on the performance of underlying Fidelity funds.
- Management fees can erode returns over time.
- Vulnerable to market downturns and economic uncertainty.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FOTKX Latest News
No recent news available for FOTKX.
FOTKX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FOTKX.
Price Targets
Wall Street price target analysis for FOTKX.
FOTKX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FOTKX; grades run from A+ (80-100) to F (below 30).
Leadership: Garrett Paolella
Portfolio Manager
Garrett Paolella is a Portfolio Manager at Fidelity Investments. His responsibilities include managing asset allocation strategies for target date funds. He has extensive experience in investment management and a deep understanding of financial markets. Paolella holds a degree in Finance from a leading university. Prior to joining Fidelity, he held various positions in the financial services industry, including roles in portfolio management and investment analysis. His expertise in asset allocation and risk management contributes to the success of Fidelity's target date fund offerings.
Track Record: As a Portfolio Manager at Fidelity, Garrett Paolella has played a key role in managing the asset allocation and investment strategy of target date funds. He has contributed to the development and implementation of glide path strategies, which are designed to adjust the portfolio's asset mix over time to meet the changing needs of investors. His expertise in risk management has helped to mitigate downside risk and preserve capital during market downturns. He continuously monitors market conditions and makes adjustments to the portfolio as needed to achieve the fund's long-term objectives.
Common Questions About FOTKX (Financials)
What does Fidelity Freedom 2010 K6 do?
Fidelity Freedom 2010 K6 is a target date fund designed for investors planning to retire around the year 2010. It operates by investing in a diversified mix of other Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds.
What do analysts say about FOTKX stock?
As a target date mutual fund, FOTKX is not typically covered by analysts in the same way as individual stocks. Key valuation metrics for target date funds include expense ratios and performance relative to their benchmark.
What are the main risks for FOTKX?
The main risks for Fidelity Freedom 2010 K6 include market risk, interest rate risk, and credit risk. Market risk refers to the potential for losses due to declines in the overall stock and bond markets. Interest rate risk refers to the potential for losses due to rising interest rates, which can negatively impact bond prices.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.