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FXIFX Fidelity Freedom® Index 2030 Investor

  • Fund
  • FXIFX
  • Price as of: Aug 08, 2016
  • $15.28
  • + $0.01
  • + 0.07%
  • Category
  • Target Retirement Date

FXIFX - Profile

Vitals

  • YTD Return 6.6%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 6.7%
  • Net Assets $2.78 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$15.28
$13.05
$15.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 6.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.75%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity Freedom® Index 2030 Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 02, 2009
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew Dierdorf

Fund Description

The fund invests in a combination of Fidelity® domestic equity funds (including commodity funds), international funds (developed and emerging markets), bond funds (including treasury inflation-protected security funds), and short-term funds, each of which (excluding the money market fund) seeks to provide investment results that correspond to the total return of a specific index or market segment.

FXIFX - Performance

Return Ranking - Trailing

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.6% -40.4% 17.0% 17.02% 1
1 Yr 2.0% -7.2% 17.3% 35.93% 2
3 Yr 6.3% * 0.4% 8.3% 26.56% 2
5 Yr 6.7% * 1.2% 9.9% 51.53% 3
10 Yr N/A * 1.9% 6.7% N/A N/A

* Annualized


Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.3% -33.1% 1.2% 12.62% 1
2014 N/A 5.0% 5.1% N/A N/A
2013 N/A 20.5% 22.2% N/A N/A
2012 N/A 12.6% 13.1% N/A N/A
2011 N/A -4.7% -4.4% N/A N/A

Total Return Ranking - Trailing

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.6% -40.4% 17.0% 17.21% 1
1 Yr 2.0% -11.0% 17.3% 31.15% 2
3 Yr 6.3% * -0.9% 8.3% 24.14% 2
5 Yr 6.7% * 0.8% 9.9% 47.20% 3
10 Yr N/A * 1.4% 6.7% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.3% -33.1% 1.2% 12.62% 1
2014 N/A 5.0% 5.1% N/A N/A
2013 N/A 23.3% 24.9% N/A N/A
2012 N/A 15.9% 16.4% N/A N/A
2011 N/A -2.7% -2.4% N/A N/A

NAV & Total Return History

FXIFX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FXIFX Category Low Category High FXIFX % Rank Quintile
Net Assets 2.78 B 342 K 31.4 B 3.53% 1
Number of Holdings 5 2 9892 3.43% 5
Net Assets in Top 10 2.66 B 286 K 30.4 B 2.70% 1
Weighting of Top 10 100.0% 2.3% 103.8% 0.52% 1

Top 10 Holdings

  1. Fidelity® Total Market Index F 54.98%
  2. Fidelity® Series Global ex US Index 23.89%
  3. Fidelity® US Bond Index F 18.96%
  4. Fidelity® Series Commodity Strategy F 1.41%
  5. Fidelity® Series Infl-Prtct Bd Idx F 0.76%

Asset Allocation

Weighting Category Low Category High FXIFX % Rank Quintile
Stocks
78.22% 0.34% 97.58% 9.40% 2
Bonds
18.98% -0.13% 101.10% 15.06% 3
Cash
2.75% -32.35% 94.64% 18.54% 4
Other
0.03% -1.71% 47.06% 13.34% 5
Convertible Bonds
0.01% 0.00% 4.38% 2.91% 4
Preferred Stocks
0.01% -0.02% 7.79% 3.06% 5

Stock Sector Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
Financial Services
12.87% 0.18% 17.43% 5.71% 2
Technology
11.58% 0.02% 21.09% 8.05% 2
Healthcare
9.79% 0.04% 17.25% 5.82% 2
Consumer Cyclical
8.84% 0.03% 15.84% 8.62% 3
Industrials
8.63% 0.04% 12.08% 7.17% 2
Consumer Defense
7.44% 0.03% 11.41% 4.73% 2
Energy
4.98% 0.07% 7.94% 3.32% 2
Communication Services
3.50% 0.04% 5.22% 2.55% 2
Basic Materials
3.46% 0.03% 7.27% 5.30% 2
Real Estate
3.02% 0.03% 18.29% 10.39% 3
Utilities
2.59% 0.00% 8.30% 3.43% 2

Stock Geographic Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
US
54.74% 0.06% 73.29% 6.85% 2
Non US
23.48% 0.00% 54.00% 11.32% 3

Bond Sector Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
Government
9.59% -27.29% 90.96% 10.07% 2
Corporate
5.40% 0.00% 53.64% 17.34% 4
Securitized
3.87% 0.00% 25.32% 14.07% 3
Cash & Equivalents
2.72% -46.20% 94.64% 18.74% 5
Municipal
0.15% 0.00% 2.32% 3.89% 3
Derivative
0.02% -30.52% 57.07% 1.51% 1

Bond Geographic Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
US
17.38% -4.11% 90.96% 13.66% 3
Non US
1.60% 0.00% 25.33% 16.98% 4

FXIFX - Expenses

Operational Fees

FXIFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.15% 0.00% 70.64% 18.80% 1
Management Fee 0.00% 0.00% 0.92% 2.20% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.40% N/A N/A

Sales Fees

FXIFX Fees (% of AUM) Category Low Category High FXIFX Rank Quintile
Front Load N/A 3.00% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.00% N/A N/A

Trading Fees

FXIFX Fees (% of AUM) Category Low Category High FXIFX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover 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.

FXIFX Fees (% of AUM) Category Low Category High FXIFX Rank Quintile
Turnover 13.00% 0.00% 333.00% 7.22% 2

FXIFX - Distributions

Dividend Yield Analysis

FXIFX Category Low Category High FXIFX % Rank Quintile
Dividend Yield 0.4% 0.00% 1.21% 3.95% 1

Dividend Distribution Analysis

FXIFX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FXIFX Category Low Category High FXIFX % Rank Quintile
Net Income Ratio 1.75% -0.93% 10.75% 10.33% 2

Capital Gain Distribution Analysis

FXIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

FXIFX - Managers

Andrew Dierdorf

Manager

Start Date

Oct 02, 2009

Tenure

6.83

Tenure Rank

0.9%

Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments and is responsible for managing Fidelity’s target date portfolios, including the Pyramis Lifecycle portfolios. He is also a co-manager for the Four in One Index Fund, Global Strategies Fund, and Tactical Strategies Fund. Andrew earned his Bachelor of Science degree in statistics from the University of Delaware, where he also minored in economics. He is a Chartered Financial Analyst charterholder.


Brett F. Sumsion

Manager

Start Date

Jan 21, 2014

Tenure

2.53

Tenure Rank

1.9%

Brett Sumsion is a portfolio manager within the Global Asset Allocation group at Fidelity Investments. Brett co-manages Fidelity Income Replacement Funds, Pyramis Lifecycle Funds, Fidelity ClearPath Retirement Portfolios, ClearPath Lifecycle Solutions and Fidelity Income Replacement Portfolios. Brett earned his Bachelor of Arts degree in economics from Brigham Young University and his MBA in finance from The Wharton School at the University of Pennsylvania.


Tenure Analysis

Category Low

0.0

Category High

13.8

Category Average

4.96

Category Mode

1.6