Fidelity Flex Freedom Blend 2060 Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.7%
1 yr return
18.7%
3 Yr Avg Return
3.2%
5 Yr Avg Return
9.5%
Net Assets
$14.6 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 31.00%
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
FWLSX - 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 2.81%
- Dividend Yield 3.7%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Flex Freedom Blend 2060 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FWLSX - Performance
Return Ranking - Trailing
Period | FWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | 3.9% | 12.9% | 59.34% |
1 Yr | 18.7% | 30.7% | 65.2% | 20.21% |
3 Yr | 3.2%* | 8.7% | 13.7% | 16.23% |
5 Yr | 9.5%* | 10.3% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | -3.3% | 18.9% | 66.94% |
2022 | -22.8% | 11.7% | 29.3% | 85.07% |
2021 | 7.0% | -23.9% | -7.8% | 72.12% |
2020 | 11.4% | 13.0% | 20.8% | N/A |
2019 | 17.2% | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
Period | FWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | 3.9% | 12.9% | 59.34% |
1 Yr | 18.7% | 30.7% | 65.2% | 18.79% |
3 Yr | 3.2%* | 7.7% | 13.7% | 15.71% |
5 Yr | 9.5%* | 9.6% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | -3.3% | 18.9% | 66.94% |
2022 | -18.6% | 11.7% | 29.3% | 85.07% |
2021 | 16.8% | -23.9% | -5.7% | 57.58% |
2020 | 18.4% | 14.1% | 22.7% | N/A |
2019 | 26.0% | 1.7% | 11.0% | N/A |
NAV & Total Return History
FWLSX - Holdings
Concentration Analysis
FWLSX | Category Low | Category High | FWLSX % Rank | |
---|---|---|---|---|
Net Assets | 14.6 M | 60.7 K | 7.18 B | 92.74% |
Number of Holdings | 27 | 4 | 494 | 7.90% |
Net Assets in Top 10 | 12 M | 51.6 K | 7.13 B | 92.64% |
Weighting of Top 10 | 82.42% | 38.0% | 100.0% | 62.58% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.65%
- Fidelity Series Blue Chip Growth Fund 11.35%
- Fidelity Series Emerging Markets Opportunities Fund 10.18%
- Fidelity Series Large Cap Stock Fund 7.59%
- Fidelity Series Large Cap Growth Index Fund 7.11%
- 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 | FWLSX % Rank | |
---|---|---|---|---|
Stocks | 99.98% | 65.98% | 98.58% | 62.13% |
Convertible Bonds | 0.05% | 0.00% | 0.77% | 43.87% |
Cash | 0.02% | -86.71% | 14.73% | 26.70% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 42.51% |
Other | 0.00% | -0.07% | 13.26% | 20.98% |
Bonds | 0.00% | 0.00% | 92.61% | 35.15% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FWLSX % Rank | |
---|---|---|---|---|
Technology | 18.89% | 14.77% | 21.46% | 44.69% |
Financial Services | 17.95% | 12.29% | 18.11% | 17.44% |
Industrials | 11.66% | 9.57% | 15.26% | 46.59% |
Consumer Cyclical | 11.55% | 9.27% | 14.12% | 39.78% |
Healthcare | 11.10% | 8.82% | 15.72% | 92.10% |
Communication Services | 7.35% | 6.12% | 11.04% | 47.41% |
Basic Materials | 6.11% | 2.40% | 5.65% | 24.52% |
Consumer Defense | 5.51% | 4.55% | 11.70% | 84.47% |
Energy | 5.46% | 1.87% | 4.03% | 7.63% |
Utilities | 2.27% | 0.55% | 4.39% | 87.47% |
Real Estate | 2.15% | 1.82% | 9.04% | 85.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FWLSX % Rank | |
---|---|---|---|---|
US | 99.98% | 34.23% | 75.57% | 84.47% |
Non US | 0.00% | 18.37% | 51.41% | 11.72% |
FWLSX - Expenses
Operational Fees
FWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.02% | 35.30% | 100.00% |
Management Fee | 0.00% | 0.00% | 0.94% | 23.66% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FWLSX 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
FWLSX 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.
FWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 3.00% | 208.00% | 80.90% |
FWLSX - Distributions
Dividend Yield Analysis
FWLSX | Category Low | Category High | FWLSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.75% | 0.00% | 1.44% | 91.40% |
Dividend Distribution Analysis
FWLSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Annually |
Net Income Ratio Analysis
FWLSX | Category Low | Category High | FWLSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.81% | -0.04% | 8.75% | 12.94% |
Capital Gain Distribution Analysis
FWLSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.259 | OrdinaryDividend |
May 08, 2023 | $0.014 | OrdinaryDividend |
Dec 30, 2022 | $0.338 | OrdinaryDividend |
May 09, 2022 | $0.209 | OrdinaryDividend |
May 13, 2019 | $0.008 | OrdinaryDividend |
Dec 31, 2018 | $0.213 | OrdinaryDividend |
May 14, 2018 | $0.009 | OrdinaryDividend |
FWLSX - 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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |