The Fidelity Freedom Income Fund: Class K (FNSHX) is a mutual fund that aims to provide investors with a steady stream of income while also preserving their capital. This fund primarily invests in a mix of fixed-income securities, such as bonds and money market instruments, to generate income. It also has a small allocation to stocks for potential growth. With a focus on income and capital preservation, this fund is suitable for investors who are looking for a conservative investment option.