Fidelity Freedom Blend 2045 Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.9%
1 yr return
14.2%
3 Yr Avg Return
2.1%
5 Yr Avg Return
8.4%
Net Assets
$1.89 B
Holdings in Top 10
82.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.74%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHGFX - Profile
Distributions
- YTD Total Return 2.9%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.38%
- Dividend Yield 3.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2045 Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 06, 2018
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FHGFX - Performance
Return Ranking - Trailing
Period | FHGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.9% | 0.5% | 8.7% | 43.72% |
1 Yr | 14.2% | 5.9% | 19.8% | 43.72% |
3 Yr | 2.1%* | -3.7% | 5.0% | 69.79% |
5 Yr | 8.4%* | 4.7% | 9.9% | 37.27% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FHGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.0% | 4.8% | 21.3% | 14.14% |
2022 | -23.8% | -65.7% | -14.5% | 58.59% |
2021 | 6.9% | -4.7% | 18.7% | 55.56% |
2020 | 11.8% | 2.3% | 15.5% | 40.68% |
2019 | 22.2% | 8.2% | 23.0% | 10.00% |
Total Return Ranking - Trailing
Period | FHGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.9% | 0.5% | 8.7% | 43.72% |
1 Yr | 14.2% | 5.9% | 19.8% | 43.72% |
3 Yr | 2.1%* | -3.7% | 5.0% | 69.79% |
5 Yr | 8.4%* | 4.7% | 9.9% | 37.27% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FHGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.1% | 11.2% | 37.0% | 34.85% |
2022 | -19.2% | -28.2% | 0.1% | 87.88% |
2021 | 15.9% | 4.2% | 22.9% | 76.72% |
2020 | 17.4% | 7.8% | 23.2% | 36.72% |
2019 | 26.2% | 21.3% | 37.2% | 29.38% |
NAV & Total Return History
FHGFX - Holdings
Concentration Analysis
FHGFX | Category Low | Category High | FHGFX % Rank | |
---|---|---|---|---|
Net Assets | 1.89 B | 2.77 M | 79.9 B | 31.16% |
Number of Holdings | 46 | 2 | 577 | 4.52% |
Net Assets in Top 10 | 1.57 B | 2.88 M | 76.4 B | 28.14% |
Weighting of Top 10 | 82.94% | 42.8% | 103.9% | 60.64% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.86%
- Fidelity Series Blue Chip Growth Fund 11.53%
- Fidelity Series Emerging Markets Opportunities Fund 10.88%
- Fidelity Series Large Cap Stock Fund 7.71%
- Fidelity Series Large Cap Growth Index Fund 7.22%
- Fidelity Series International Growth Fund 7.03%
- Fidelity Series Overseas Fund 6.99%
- Fidelity Series International Value Fund 6.91%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.04%
Asset Allocation
Weighting | Return Low | Return High | FHGFX % Rank | |
---|---|---|---|---|
Stocks | 99.62% | 0.00% | 100.06% | 46.73% |
Cash | 0.21% | 0.00% | 20.94% | 50.75% |
Bonds | 0.17% | 0.00% | 25.62% | 29.65% |
Other | 0.11% | 0.00% | 11.52% | 22.11% |
Convertible Bonds | 0.05% | 0.00% | 1.09% | 82.41% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 45.73% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHGFX % Rank | |
---|---|---|---|---|
Technology | 18.70% | 14.05% | 23.99% | 55.28% |
Financial Services | 18.05% | 13.09% | 18.83% | 7.04% |
Industrials | 11.66% | 9.12% | 12.31% | 18.59% |
Consumer Cyclical | 11.43% | 8.06% | 13.31% | 37.19% |
Healthcare | 11.16% | 10.69% | 14.59% | 91.96% |
Communication Services | 7.34% | 5.69% | 10.23% | 46.73% |
Basic Materials | 6.11% | 3.18% | 6.86% | 9.55% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 86.93% |
Energy | 5.51% | 2.33% | 6.54% | 7.54% |
Utilities | 2.32% | 1.89% | 8.09% | 89.45% |
Real Estate | 2.18% | 1.86% | 10.17% | 83.92% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHGFX % Rank | |
---|---|---|---|---|
US | 99.62% | 0.00% | 100.06% | 46.73% |
Non US | 0.00% | 0.00% | 38.46% | 52.76% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHGFX % Rank | |
---|---|---|---|---|
Government | 54.11% | 11.67% | 67.01% | 7.04% |
Corporate | 11.08% | 3.21% | 43.85% | 75.88% |
Securitized | 2.45% | 0.00% | 34.36% | 85.43% |
Cash & Equivalents | 0.21% | 0.00% | 78.34% | 49.25% |
Derivative | 0.11% | 0.00% | 20.51% | 14.07% |
Municipal | 0.01% | 0.00% | 1.01% | 82.41% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHGFX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 24.00% | 29.65% |
Non US | 0.00% | 0.00% | 5.72% | 50.75% |
FHGFX - Expenses
Operational Fees
FHGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.06% | 21.17% | 52.02% |
Management Fee | 0.49% | 0.00% | 0.89% | 82.89% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 33.33% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 20.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FHGFX 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.
FHGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.00% | 0.42% | 115.00% | 50.83% |
FHGFX - Distributions
Dividend Yield Analysis
FHGFX | Category Low | Category High | FHGFX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.96% | 0.00% | 6.35% | 69.35% |
Dividend Distribution Analysis
FHGFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
FHGFX | Category Low | Category High | FHGFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.38% | -0.42% | 3.87% | 34.05% |
Capital Gain Distribution Analysis
FHGFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.190 | OrdinaryDividend |
Dec 30, 2022 | $0.256 | OrdinaryDividend |
FHGFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
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
Aug 31, 2018
3.75
3.8%
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 | 17.59 | 5.68 | 2.41 |