Fidelity Flex Freedom Blend 2045 Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.7%
1 yr return
18.6%
3 Yr Avg Return
3.2%
5 Yr Avg Return
9.5%
Net Assets
$60.9 M
Holdings in Top 10
82.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 50.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FOLSX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.89%
- Dividend Yield 3.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Flex Freedom Blend 2045 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FOLSX - Performance
Return Ranking - Trailing
Period | FOLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | 1.2% | 9.5% | 26.13% |
1 Yr | 18.6% | 7.9% | 20.9% | 15.58% |
3 Yr | 3.2%* | -3.3% | 5.2% | 21.76% |
5 Yr | 9.5%* | 4.7% | 10.0% | 6.21% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FOLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.5% | 4.8% | 21.3% | 6.06% |
2022 | -22.7% | -65.7% | -14.5% | 42.93% |
2021 | 7.4% | -4.7% | 18.7% | 51.32% |
2020 | 11.5% | 2.3% | 15.5% | 46.33% |
2019 | 17.2% | 8.2% | 23.0% | 71.88% |
Total Return Ranking - Trailing
Period | FOLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | 1.2% | 9.5% | 26.13% |
1 Yr | 18.6% | 7.9% | 20.9% | 15.58% |
3 Yr | 3.2%* | -3.3% | 5.2% | 21.76% |
5 Yr | 9.5%* | 4.7% | 10.0% | 6.21% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FOLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | 11.2% | 37.0% | 18.69% |
2022 | -18.6% | -28.2% | 0.1% | 74.75% |
2021 | 16.8% | 4.2% | 22.9% | 56.61% |
2020 | 18.4% | 7.8% | 23.2% | 18.08% |
2019 | 25.9% | 21.3% | 37.2% | 33.13% |
NAV & Total Return History
FOLSX - Holdings
Concentration Analysis
FOLSX | Category Low | Category High | FOLSX % Rank | |
---|---|---|---|---|
Net Assets | 60.9 M | 2.77 M | 79.9 B | 85.43% |
Number of Holdings | 27 | 2 | 577 | 27.64% |
Net Assets in Top 10 | 50.2 M | 2.88 M | 76.4 B | 85.93% |
Weighting of Top 10 | 82.41% | 42.8% | 103.9% | 63.83% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.65%
- Fidelity Series Blue Chip Growth Fund 11.34%
- Fidelity Series Emerging Markets Opportunities Fund 10.18%
- Fidelity Series Large Cap Stock Fund 7.59%
- Fidelity Series Large Cap Growth Index Fund 7.10%
- 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 6.65%
- Fidelity Series Value Discovery Fund 4.96%
Asset Allocation
Weighting | Return Low | Return High | FOLSX % Rank | |
---|---|---|---|---|
Stocks | 99.97% | 0.00% | 100.06% | 21.11% |
Convertible Bonds | 0.05% | 0.00% | 1.09% | 84.42% |
Cash | 0.03% | 0.00% | 20.94% | 73.87% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 56.78% |
Other | 0.00% | 0.00% | 11.52% | 74.37% |
Bonds | 0.00% | 0.00% | 25.62% | 70.85% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FOLSX % Rank | |
---|---|---|---|---|
Technology | 18.89% | 14.05% | 23.99% | 51.26% |
Financial Services | 17.95% | 13.09% | 18.83% | 10.05% |
Industrials | 11.66% | 9.12% | 12.31% | 19.60% |
Consumer Cyclical | 11.55% | 8.06% | 13.31% | 31.66% |
Healthcare | 11.10% | 10.69% | 14.59% | 95.48% |
Communication Services | 7.35% | 5.69% | 10.23% | 44.22% |
Basic Materials | 6.11% | 3.18% | 6.86% | 10.55% |
Consumer Defense | 5.51% | 4.68% | 11.06% | 90.95% |
Energy | 5.46% | 2.33% | 6.54% | 12.06% |
Utilities | 2.27% | 1.89% | 8.09% | 94.97% |
Real Estate | 2.16% | 1.86% | 10.17% | 88.44% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FOLSX % Rank | |
---|---|---|---|---|
US | 99.97% | 0.00% | 100.06% | 21.11% |
Non US | 0.00% | 0.00% | 38.46% | 63.82% |
FOLSX - Expenses
Operational Fees
FOLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.06% | 21.17% | 99.88% |
Management Fee | 0.00% | 0.00% | 0.89% | 16.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FOLSX 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
FOLSX 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.
FOLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 50.00% | 0.42% | 115.00% | 94.48% |
FOLSX - Distributions
Dividend Yield Analysis
FOLSX | Category Low | Category High | FOLSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.80% | 0.00% | 6.26% | 34.67% |
Dividend Distribution Analysis
FOLSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FOLSX | Category Low | Category High | FOLSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.89% | -0.42% | 3.87% | 3.24% |
Capital Gain Distribution Analysis
FOLSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.248 | OrdinaryDividend |
Dec 30, 2022 | $0.356 | OrdinaryDividend |
May 09, 2022 | $0.175 | OrdinaryDividend |
May 13, 2019 | $0.008 | OrdinaryDividend |
Dec 31, 2018 | $0.213 | OrdinaryDividend |
May 14, 2018 | $0.008 | OrdinaryDividend |
FOLSX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 08, 2017
4.98
5.0%
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
Jun 08, 2017
4.98
5.0%
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 |