Fidelity Freedom 2055 Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
16.3%
3 Yr Avg Return
3.0%
5 Yr Avg Return
9.3%
Net Assets
$10.3 B
Holdings in Top 10
74.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FNSDX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 3.0%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.22%
- Dividend Yield 2.7%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2055 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJul 25, 2017
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FNSDX - Performance
Return Ranking - Trailing
Period | FNSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | 2.5% | 11.6% | 66.17% |
1 Yr | 16.3% | 6.6% | 22.6% | 52.24% |
3 Yr | 3.0%* | -4.6% | 6.2% | 59.49% |
5 Yr | 9.3%* | 5.4% | 10.3% | 9.82% |
10 Yr | N/A* | 5.6% | 9.1% | 30.43% |
* Annualized
Return Ranking - Calendar
Period | FNSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.1% | 2.5% | 21.5% | 37.00% |
2022 | -26.4% | -46.7% | -17.2% | 82.50% |
2021 | 4.5% | -9.7% | 20.3% | 75.39% |
2020 | 12.7% | 0.0% | 16.1% | 44.13% |
2019 | 17.6% | 11.6% | 23.6% | 68.71% |
Total Return Ranking - Trailing
Period | FNSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | 2.5% | 11.6% | 66.17% |
1 Yr | 16.3% | 6.6% | 22.6% | 52.24% |
3 Yr | 3.0%* | -4.6% | 6.2% | 59.49% |
5 Yr | 9.3%* | 5.4% | 10.3% | 9.82% |
10 Yr | N/A* | 5.6% | 9.1% | 28.26% |
* Annualized
Total Return Ranking - Calendar
Period | FNSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.7% | 10.6% | 36.3% | 43.00% |
2022 | -18.2% | -27.3% | 0.3% | 59.50% |
2021 | 16.6% | 1.2% | 22.5% | 75.39% |
2020 | 18.3% | 6.6% | 25.0% | 23.46% |
2019 | 25.6% | 21.4% | 39.5% | 46.63% |
NAV & Total Return History
FNSDX - Holdings
Concentration Analysis
FNSDX | Category Low | Category High | FNSDX % Rank | |
---|---|---|---|---|
Net Assets | 10.3 B | 2.31 M | 44.1 B | 9.41% |
Number of Holdings | 47 | 2 | 572 | 1.49% |
Net Assets in Top 10 | 7.69 B | 1.91 M | 41.6 B | 10.89% |
Weighting of Top 10 | 74.55% | 43.1% | 100.0% | 83.68% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.86%
- FIDELITY SERIES GROWTH COMPANY FUND 9.13%
- Fidelity Series Large Cap Stock Fund 8.55%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.87%
- Fidelity Series International Value Fund 7.78%
- Fidelity Series Stock Selector Large Cap Value Fund 6.00%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Opportunistic Insights Fund 5.38%
- Fidelity Series Value Discovery Fund 5.30%
Asset Allocation
Weighting | Return Low | Return High | FNSDX % Rank | |
---|---|---|---|---|
Stocks | 99.62% | 0.00% | 100.05% | 52.97% |
Cash | 0.23% | 0.00% | 14.08% | 43.56% |
Bonds | 0.17% | 0.00% | 13.02% | 26.73% |
Other | 0.12% | 0.00% | 11.68% | 12.38% |
Convertible Bonds | 0.05% | 0.00% | 1.00% | 63.86% |
Preferred Stocks | 0.00% | 0.00% | 0.16% | 66.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FNSDX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 12.57% | 18.90% | 3.96% |
Technology | 17.55% | 14.04% | 24.10% | 89.60% |
Industrials | 12.06% | 9.12% | 12.53% | 5.94% |
Healthcare | 11.61% | 10.32% | 14.65% | 82.18% |
Consumer Cyclical | 11.31% | 8.05% | 13.40% | 47.03% |
Communication Services | 6.85% | 5.69% | 10.32% | 69.80% |
Basic Materials | 6.48% | 3.22% | 6.79% | 6.44% |
Energy | 5.97% | 2.33% | 5.97% | 0.99% |
Consumer Defense | 5.42% | 4.68% | 11.07% | 87.62% |
Utilities | 2.01% | 1.89% | 8.12% | 99.01% |
Real Estate | 1.90% | 1.72% | 10.21% | 89.60% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FNSDX % Rank | |
---|---|---|---|---|
US | 99.62% | 0.00% | 100.05% | 52.97% |
Non US | 0.00% | 0.00% | 40.80% | 71.29% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FNSDX % Rank | |
---|---|---|---|---|
Government | 47.98% | 1.77% | 73.78% | 24.26% |
Corporate | 10.22% | 0.99% | 40.57% | 70.79% |
Securitized | 1.90% | 0.00% | 27.58% | 88.12% |
Cash & Equivalents | 0.23% | 0.00% | 86.55% | 40.59% |
Derivative | 0.12% | 0.00% | 18.69% | 7.43% |
Municipal | 0.03% | 0.00% | 1.17% | 69.80% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FNSDX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 11.68% | 26.73% |
Non US | 0.00% | 0.00% | 2.07% | 68.81% |
FNSDX - Expenses
Operational Fees
FNSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.06% | 21.78% | 63.50% |
Management Fee | 0.64% | 0.00% | 0.93% | 91.58% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FNSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FNSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FNSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 0.00% | 116.00% | 70.65% |
FNSDX - Distributions
Dividend Yield Analysis
FNSDX | Category Low | Category High | FNSDX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.66% | 0.00% | 5.73% | 69.31% |
Dividend Distribution Analysis
FNSDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FNSDX | Category Low | Category High | FNSDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.22% | -0.38% | 3.85% | 7.45% |
Capital Gain Distribution Analysis
FNSDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.207 | OrdinaryDividend |
Dec 30, 2022 | $0.421 | OrdinaryDividend |
May 09, 2022 | $0.950 | OrdinaryDividend |
Dec 31, 2018 | $0.198 | OrdinaryDividend |
FNSDX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 01, 2011
11.01
11.0%
Andrew Dierdorf is co-manager of each fund, which he has managed since October 2009 (other than Fidelity Freedom® Index 2055 Fund, Fidelity Freedom® Index 2060 Fund, and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2055 Fund since June 2011, Fidelity Freedom® Index 2060 Fund since August 2014, and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Dierdorf has worked as a portfolio manager.
Brett Sumsion
Start Date
Tenure
Tenure Rank
Jan 21, 2014
8.36
8.4%
Brett Sumsion is co-manager of each fund, which he has managed since January 2014 (other than Fidelity Freedom® Index 2060 Fund and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2060 Fund since August 2014 and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2014, Mr. Sumsion has worked as a portfolio manager. Mr. Sumsion earned his bachelor of arts degree from Brigham Young University and his MBA from The Wharton School at the University of Pennsylvania. He is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 14.26 | 5.38 | 2.41 |