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

FAXGX - Snapshot

Vitals

  • YTD Return 11.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $17.5 M
  • Holdings in Top 10 81.2%

52 WEEK LOW AND HIGH

$13.41
$9.77
$13.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.44%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 38.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2065+

Compare FAXGX to Popular Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

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FAXGX - Profile

Distributions

  • YTD Total Return 11.1%
  • 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 0.0%
  • 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® domestic 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 11.1% 3.9% 12.9% 66.87%
1 Yr 43.5% 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 11.1% 3.9% 12.9% 66.87%
1 Yr 43.5% 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 17.5 M 60.7 K 7.18 B 54.30%
Number of Holdings 30 4 494 12.53%
Net Assets in Top 10 12.7 M 51.6 K 7.13 B 56.68%
Weighting of Top 10 81.20% 38.0% 100.0% 68.87%

Top 10 Holdings

  1. Fidelity® Series Large Cap Value Index 14.62%
  2. Fidelity® Series Emerging Markets Opps 14.02%
  3. Fidelity® Series Blue Chip Growth 11.09%
  4. Fidelity® Series Large Cap Stock 7.64%
  5. Fidelity® Series Large Cp Grwth Idx 7.11%
  6. Fidelity® Series Overseas 5.91%
  7. Fidelity® Series International Growth 5.90%
  8. Fidelity® Series International Value 5.82%
  9. Fidelity® Series Value Discovery 5.40%
  10. Fidelity® Series Small Cap Opps 3.67%

Asset Allocation

Weighting Return Low Return High FAXGX % Rank
Stocks 		88.25% 65.98% 98.58% 69.75%
Bonds 		6.62% 0.00% 92.61% 42.78%
Cash 		4.29% -86.71% 14.73% 22.34%
Other 		0.66% -0.07% 13.26% 19.89%
Preferred Stocks 		0.13% 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 		19.27% 14.77% 21.46% 48.23%
Financial Services 		17.12% 12.29% 18.11% 16.35%
Consumer Cyclical 		12.67% 9.27% 14.12% 41.96%
Industrials 		11.58% 9.57% 15.26% 44.14%
Healthcare 		10.88% 8.82% 15.72% 89.92%
Communication Services 		9.42% 6.12% 11.04% 45.23%
Consumer Defense 		5.69% 4.55% 11.70% 83.38%
Basic Materials 		5.17% 2.40% 5.65% 22.34%
Energy 		3.58% 1.87% 4.03% 5.45%
Real Estate 		2.34% 1.82% 9.04% 83.11%
Utilities 		2.28% 0.55% 4.39% 86.65%

Stock Geographic Breakdown

Weighting Return Low Return High FAXGX % Rank
US 		47.68% 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 		50.07% 0.00% 72.52% 14.71%
Cash & Equivalents 		38.38% 1.23% 99.01% 32.97%
Corporate 		10.09% 0.08% 63.17% 88.56%
Securitized 		0.97% 0.00% 29.24% 93.19%
Derivative 		0.50% 0.00% 31.93% 34.06%
Municipal 		0.01% 0.00% 4.01% 91.83%

Bond Geographic Breakdown

Weighting Return Low Return High FAXGX % Rank
US 		5.84% -0.24% 50.12% 40.60%
Non US 		0.78% 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 0.00% 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

1.93

1.9%

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.

Brett Sumsion

Start Date

Tenure

Tenure Rank

Jun 28, 2019

1.93

1.9%

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

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