Fidelity Freedom Index 2065 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.8%
1 yr return
23.3%
3 Yr Avg Return
5.2%
5 Yr Avg Return
N/A
Net Assets
$1.51 B
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFIKX - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.92%
- Dividend Yield 1.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Index 2065 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 28, 2019
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFIKX - Performance
Return Ranking - Trailing
Period | FFIKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 3.9% | 12.9% | 87.05% |
1 Yr | 23.3% | 30.7% | 65.2% | 84.40% |
3 Yr | 5.2%* | 8.7% | 13.7% | N/A |
5 Yr | N/A* | 10.3% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FFIKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | -3.3% | 18.9% | 22.45% |
2022 | -19.8% | 11.7% | 29.3% | N/A |
2021 | 13.9% | -23.9% | -7.8% | N/A |
2020 | 14.3% | 13.0% | 20.8% | N/A |
2019 | N/A | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
Period | FFIKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 3.9% | 12.9% | 87.05% |
1 Yr | 23.3% | 30.7% | 65.2% | 75.18% |
3 Yr | 5.2%* | 7.7% | 13.7% | N/A |
5 Yr | N/A* | 9.6% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FFIKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.9% | -3.3% | 18.9% | 22.45% |
2022 | -18.2% | 11.7% | 29.3% | N/A |
2021 | 16.0% | -23.9% | -5.7% | N/A |
2020 | 16.5% | 14.1% | 22.7% | N/A |
2019 | N/A | 1.7% | 11.0% | N/A |
NAV & Total Return History
FFIKX - Holdings
Concentration Analysis
FFIKX | Category Low | Category High | FFIKX % Rank | |
---|---|---|---|---|
Net Assets | 1.51 B | 60.7 K | 7.18 B | 23.12% |
Number of Holdings | 6 | 4 | 494 | 100.00% |
Net Assets in Top 10 | 1.51 B | 51.6 K | 7.13 B | 21.80% |
Weighting of Top 10 | 99.98% | 38.0% | 100.0% | 5.63% |
Top 10 Holdings
- Fidelity Series Total Market Index Fund 54.13%
- Fidelity Series Global ex U.S. Index Fund 35.84%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.12%
- FIDELITY SERIES BOND INDEX FUND 3.92%
- Fidelity Series International Developed Markets Bond Index Fund 0.97%
- Fidelity Cash Central Fund 0.00%
Asset Allocation
Weighting | Return Low | Return High | FFIKX % Rank | |
---|---|---|---|---|
Stocks | 99.98% | 65.98% | 98.58% | 71.93% |
Convertible Bonds | 0.05% | 0.00% | 0.77% | 56.95% |
Cash | 0.02% | -86.71% | 14.73% | 48.77% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 83.38% |
Other | 0.00% | -0.07% | 13.26% | 80.93% |
Bonds | 0.00% | 0.00% | 92.61% | 15.26% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFIKX % Rank | |
---|---|---|---|---|
Technology | 20.08% | 14.77% | 21.46% | 32.43% |
Financial Services | 16.27% | 12.29% | 18.11% | 32.15% |
Healthcare | 11.94% | 8.82% | 15.72% | 60.76% |
Consumer Cyclical | 11.17% | 9.27% | 14.12% | 71.39% |
Industrials | 10.10% | 9.57% | 15.26% | 78.47% |
Communication Services | 7.85% | 6.12% | 11.04% | 26.16% |
Consumer Defense | 6.91% | 4.55% | 11.70% | 26.43% |
Basic Materials | 5.13% | 2.40% | 5.65% | 43.60% |
Energy | 4.52% | 1.87% | 4.03% | 26.98% |
Real Estate | 3.22% | 1.82% | 9.04% | 67.30% |
Utilities | 2.80% | 0.55% | 4.39% | 36.24% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFIKX % Rank | |
---|---|---|---|---|
US | 99.98% | 34.23% | 75.57% | 73.02% |
Non US | 0.00% | 18.37% | 51.41% | 40.60% |
FFIKX - Expenses
Operational Fees
FFIKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.08% | 0.02% | 35.30% | 98.47% |
Management Fee | 0.08% | 0.00% | 0.94% | 34.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FFIKX 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
FFIKX 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.
FFIKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 3.00% | 208.00% | 96.63% |
FFIKX - Distributions
Dividend Yield Analysis
FFIKX | Category Low | Category High | FFIKX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.77% | 0.00% | 1.44% | 92.47% |
Dividend Distribution Analysis
FFIKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Annually |
Net Income Ratio Analysis
FFIKX | Category Low | Category High | FFIKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.92% | -0.04% | 8.75% | 6.29% |
Capital Gain Distribution Analysis
FFIKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.246 | OrdinaryDividend |
May 15, 2023 | $0.003 | OrdinaryDividend |
Dec 30, 2022 | $0.212 | OrdinaryDividend |
May 16, 2022 | $0.011 | OrdinaryDividend |
FFIKX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
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.
Finola McGuire Foley
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Finola McGuire Foley is co-manager of each fund, which she has managed since June 2018 (other than Fidelity Freedom® Index 2065 Fund). She has managed Fidelity Freedom® Index 2065 Fund since June 2019. She also manages other funds. Since joining Fidelity Investments in 2003, Ms. Foley has worked as an assistant portfolio manager and portfolio manager Previously, Ms. Foley held various roles within Fidelity, including portfolio analyst and senior business analyst at Strategic Advisers LLC. She has been in the financial industry since joining Fidelity in 2005. Ms. Foley earned her BS in business information systems from University College Cork and her MBA in finance from Bentley University. She is a CFA charterholder.
Brett Sumsion
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |