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FXIFX Fidelity Freedom® Index 2030 Investor

  • Fund
  • FXIFX
  • Price as of: Nov 17, 2017
  • $17.53
  • - $0.00
  • - 0.00%
  • Category
  • Target Retirement Date

FXIFX - Profile

Vitals

  • YTD Return 14.8%
  • 3 Yr Annualized Return 7.3%
  • 5 Yr Annualized Return 8.5%
  • Net Assets $3.92 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$17.53
$15.26
$17.60

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 14.8%
  • 3 Yr Annualized Total Return 7.3%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.03%
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 (underlying Fidelity® 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 14.8% -40.4% 434.9% 32.74% 2
1 Yr 14.3% -20.8% 22.7% 42.98% 3
3 Yr 7.3% * -5.8% 8.7% 28.90% 2
5 Yr 8.5% * -2.7% 11.7% 49.19% 3
10 Yr N/A * -3.0% 6.1% N/A N/A

* Annualized


Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.6% -17.1% 8.3% 3.89% 1
2015 -3.3% -33.1% 7.6% 10.81% 1
2014 3.0% -33.3% 21.0% 19.68% 2
2013 15.5% -8.5% 23.9% 33.41% 2
2012 9.6% -10.4% 15.8% 47.68% 3

Total Return Ranking - Trailing

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.8% -40.4% 434.9% 32.74% 2
1 Yr 14.3% -23.4% 22.7% 38.87% 2
3 Yr 7.3% * -4.4% 13.0% 26.56% 2
5 Yr 8.5% * -0.7% 14.9% 46.95% 3
10 Yr N/A * -0.3% 7.0% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.7% -17.1% 9.3% 10.27% 1
2015 -1.4% -25.3% 7.9% 45.11% 3
2014 6.8% -4.8% 35.8% 24.63% 2
2013 16.8% -6.7% 49.0% 64.38% 4
2012 13.0% -13.8% 43.6% 77.36% 4

NAV & Total Return History

FXIFX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

FXIFX Category Low Category High FXIFX % Rank Quintile
Net Assets 3.92 B 440 K 37.1 B 4.10% 1
Number of Holdings 5 2 9892 3.58% 5
Net Assets in Top 10 3.74 B 178 K 37.1 B 3.27% 1
Weighting of Top 10 100.0% 2.3% 111.6% 0.83% 1

Top 10 Holdings

  1. Fidelity® Total Market Index F 52.99%
  2. Fidelity® Series Global ex US Index 23.66%
  3. Fidelity® US Bond Index F 21.12%
  4. Fidelity® Series Infl-Prtct Bd Idx F 0.92%
  5. Fidelity® Commodity Strategy 1.31%

Asset Allocation

Weighting Category Low Category High FXIFX % Rank Quintile
Stocks
75.73% 0.51% 98.40% 12.20% 3
Bonds
21.77% 0.00% 101.10% 17.39% 3
Cash
2.25% -32.35% 97.05% 19.52% 4
Other
0.23% -3.52% 47.06% 15.52% 4
Preferred Stocks
0.02% 0.00% 7.99% 4.88% 4
Convertible Bonds
0.01% 0.00% 4.38% 2.65% 4

Stock Sector Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
Financial Services
13.64% 0.18% 19.16% 7.48% 2
Technology
12.83% 0.02% 19.26% 8.42% 2
Healthcare
9.12% 0.04% 19.13% 7.58% 2
Consumer Cyclical
8.52% 0.03% 14.39% 9.71% 3
Industrials
8.22% 0.04% 12.35% 9.04% 3
Consumer Defense
6.36% 0.03% 10.23% 6.55% 2
Energy
4.35% 0.07% 8.23% 4.94% 2
Basic Materials
3.52% 0.03% 7.79% 7.22% 3
Communication Services
3.01% 0.04% 4.23% 3.74% 2
Real Estate
2.76% 0.03% 21.89% 11.64% 3
Utilities
2.35% 0.01% 5.50% 4.57% 2

Stock Geographic Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
US
52.94% 0.06% 80.98% 8.46% 2
Non US
22.79% 0.00% 54.00% 15.84% 3

Bond Sector Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
Government
11.39% -27.29% 91.78% 12.62% 2
Corporate
5.94% 0.00% 54.31% 19.73% 4
Securitized
4.36% 0.00% 24.93% 15.47% 3
Cash & Equivalents
2.26% -46.20% 97.04% 19.42% 4
Municipal
0.10% 0.00% 7.56% 3.95% 3
Derivative
0.00% -30.52% 57.07% 3.06% 4

Bond Geographic Breakdown

Weighting Category Low Category High FXIFX % Rank Quintile
US
19.97% -4.11% 93.84% 16.20% 3
Non US
1.80% 0.00% 30.18% 18.59% 4

FXIFX - Expenses

Operational Fees

FXIFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.15% 0.00% 14.71% 15.21% 1
Management Fee 0.00% 0.00% 0.93% 3.76% 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 3.50% 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% 7.32% 1

FXIFX - Distributions

Dividend Yield Analysis

FXIFX Category Low Category High FXIFX % Rank Quintile
Dividend Yield 0.4% 0.00% 1.21% 4.25% 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 2.03% -0.93% 7.13% 7.17% 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

8.0

Tenure Rank

0.9%

Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Mr. Dierdorf is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Dierdorf joined Fidelity in 2004 and has been in the industry since 1993. Mr. Dierdorf earned his bachelor of science degree from the University of Delaware. He is a CFA charterholder, a Fellow of the Society of Actuaries, Chartered Market Technician, and Member of the American Academy of Actuaries.


Brett F. Sumsion

Manager

Start Date

Jan 21, 2014

Tenure

3.69

Tenure Rank

2.0%

Brett Sumsion is a portfolio manager in the Global Asset Allocation (GAA) group at Fidelity Investments. In this role, he is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Income Replacement Funds, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Sumsion joined Fidelity in 2014 and has been in the investments industry since 2001. 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

0.0

Category High

15.0

Category Average

5.1

Category Mode

2.8