FAXGX: Fidelity Freedom® Blend 2065 Fund - MutualFunds.com
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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.47

-

0.96%

$0.13

0.44%

Vitals

YTD Return

11.5%

1 yr return

29.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$23.4 M

Holdings in Top 10

81.0%

52 WEEK LOW AND HIGH

$13.35
$10.56
$13.82

Expenses

OPERATING FEES

Expense Ratio 0.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 38.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2065+


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.47

-

0.96%

$0.13

0.44%

FAXGX - Profile

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity Freedom® Blend 2065 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 28, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests primarily in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity® funds). The adviser allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom® Blend Income Fund, approximately 10 to 19 years after the year 2065.


FAXGX - Performance

Return Ranking - Trailing

Period FAXGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% 3.9% 12.9% 66.87%
1 Yr 29.9% 30.7% 65.2% 33.33%
3 Yr N/A* 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 FAXGX Return Category Return Low Category Return High Rank in Category (%)
2020 13.9% -3.3% 18.9% 28.57%
2019 N/A 11.7% 29.3% N/A
2018 N/A -23.9% -7.8% N/A
2017 N/A 13.0% 20.8% N/A
2016 N/A 1.7% 8.6% N/A

Total Return Ranking - Trailing

Period FAXGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% 3.9% 12.9% 66.87%
1 Yr 29.9% 30.7% 65.2% 30.50%
3 Yr N/A* 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 FAXGX Return Category Return Low Category Return High Rank in Category (%)
2020 13.9% -3.3% 18.9% 28.57%
2019 N/A 11.7% 29.3% N/A
2018 N/A -23.9% -5.7% N/A
2017 N/A 14.1% 22.7% N/A
2016 N/A 1.7% 11.0% N/A

NAV & Total Return History


FAXGX - Holdings

Concentration Analysis

FAXGX Category Low Category High FAXGX % Rank
Net Assets 23.4 M 60.7 K 7.18 B 54.30%
Number of Holdings 31 4 494 12.53%
Net Assets in Top 10 16.8 M 51.6 K 7.13 B 56.68%
Weighting of Top 10 80.98% 38.0% 100.0% 68.87%

Top 10 Holdings

  1. Fidelity® Series Large Cap Value Index 14.79%
  2. Fidelity® Series Emerging Markets Opps 12.67%
  3. Fidelity® Series Blue Chip Growth 10.97%
  4. Fidelity® Series Large Cap Stock 7.70%
  5. Fidelity® Series Large Cp Grwth Idx 7.00%
  6. Fidelity® Series Overseas 6.29%
  7. Fidelity® Series International Growth 6.22%
  8. Fidelity® Series International Value 6.21%
  9. Fidelity® Series Value Discovery 5.44%
  10. Fidelity® Series Small Cap Opps 3.70%

Asset Allocation

Weighting Return Low Return High FAXGX % Rank
Stocks
88.67% 65.98% 98.58% 69.75%
Bonds
6.92% 0.00% 92.61% 42.78%
Cash
3.66% -86.71% 14.73% 22.34%
Other
0.55% -0.07% 13.26% 19.89%
Preferred Stocks
0.14% 0.00% 0.36% 40.33%
Convertible Bonds
0.05% 0.00% 0.77% 66.76%

Stock Sector Breakdown

Weighting Return Low Return High FAXGX % Rank
Technology
19.59% 14.77% 21.46% 48.23%
Financial Services
16.94% 12.29% 18.11% 16.35%
Consumer Cyclical
11.91% 9.27% 14.12% 41.96%
Industrials
11.89% 9.57% 15.26% 44.14%
Healthcare
11.65% 8.82% 15.72% 89.92%
Communication Services
9.12% 6.12% 11.04% 45.23%
Consumer Defense
5.49% 4.55% 11.70% 83.38%
Basic Materials
5.34% 2.40% 5.65% 22.34%
Energy
3.66% 1.87% 4.03% 5.45%
Real Estate
2.27% 1.82% 9.04% 83.11%
Utilities
2.14% 0.55% 4.39% 86.65%

Stock Geographic Breakdown

Weighting Return Low Return High FAXGX % Rank
US
48.10% 34.23% 75.57% 89.65%
Non US
40.57% 18.37% 51.41% 15.53%

Bond Sector Breakdown

Weighting Return Low Return High FAXGX % Rank
Government
50.65% 0.00% 72.52% 14.71%
Cash & Equivalents
37.24% 1.23% 99.01% 32.97%
Corporate
9.50% 0.08% 63.17% 88.56%
Derivative
1.73% 0.00% 31.93% 34.06%
Securitized
0.87% 0.00% 29.24% 93.19%
Municipal
0.00% 0.00% 4.01% 91.83%

Bond Geographic Breakdown

Weighting Return Low Return High FAXGX % Rank
US
6.10% -0.24% 50.12% 40.60%
Non US
0.82% 0.00% 42.49% 55.59%

FAXGX - Expenses

Operational Fees

FAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.02% 35.30% 79.31%
Management Fee 0.44% 0.00% 0.94% 74.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FAXGX 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

FAXGX 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.

FAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 3.00% 208.00% 48.69%

FAXGX - Distributions

Dividend Yield Analysis

FAXGX Category Low Category High FAXGX % Rank
Dividend Yield 0.96% 0.00% 1.44% 73.92%

Dividend Distribution Analysis

FAXGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FAXGX Category Low Category High FAXGX % Rank
Net Income Ratio 1.35% -0.04% 8.75% 19.58%

Capital Gain Distribution Analysis

FAXGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FAXGX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 28, 2019

2.18

2.2%

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 28, 2019

2.18

2.2%

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