FAZAX: Fidelity Freedom® Blend 2065 Fund - MutualFunds.com
Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.38

-

0.86%

$0.11

0.79%

Vitals

YTD Return

11.1%

1 yr return

29.4%

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

$13.27
$10.52
$13.74

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load 5.75%

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

$13.38

-

0.86%

$0.11

0.79%

FAZAX - 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 1.00%
DIVIDENDS
  • Dividend Yield 0.9%
  • 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
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brett Sumsion

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.


FAZAX - Performance

Return Ranking - Trailing

Period FAZAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% 3.9% 12.9% 73.80%
1 Yr 29.4% 30.7% 65.2% 41.49%
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 FAZAX Return Category Return Low Category Return High Rank in Category (%)
2020 13.6% -3.3% 18.9% 33.47%
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 FAZAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% 3.9% 12.9% 73.80%
1 Yr 21.9% 30.7% 65.2% 90.43%
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 FAZAX Return Category Return Low Category Return High Rank in Category (%)
2020 13.6% -3.3% 18.9% 33.47%
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


FAZAX - Holdings

Concentration Analysis

FAZAX Category Low Category High FAZAX % Rank
Net Assets 23.4 M 60.7 K 7.18 B 53.23%
Number of Holdings 31 4 494 11.44%
Net Assets in Top 10 16.8 M 51.6 K 7.13 B 55.59%
Weighting of Top 10 80.98% 38.0% 100.0% 67.55%

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 FAZAX % Rank
Stocks
88.67% 65.98% 98.58% 68.66%
Bonds
6.92% 0.00% 92.61% 41.69%
Cash
3.66% -86.71% 14.73% 21.25%
Other
0.55% -0.07% 13.26% 18.80%
Preferred Stocks
0.14% 0.00% 0.36% 39.24%
Convertible Bonds
0.05% 0.00% 0.77% 61.31%

Stock Sector Breakdown

Weighting Return Low Return High FAZAX % Rank
Technology
19.59% 14.77% 21.46% 47.14%
Financial Services
16.94% 12.29% 18.11% 15.26%
Consumer Cyclical
11.91% 9.27% 14.12% 40.87%
Industrials
11.89% 9.57% 15.26% 43.05%
Healthcare
11.65% 8.82% 15.72% 88.83%
Communication Services
9.12% 6.12% 11.04% 44.14%
Consumer Defense
5.49% 4.55% 11.70% 82.29%
Basic Materials
5.34% 2.40% 5.65% 21.25%
Energy
3.66% 1.87% 4.03% 4.36%
Real Estate
2.27% 1.82% 9.04% 82.02%
Utilities
2.14% 0.55% 4.39% 85.56%

Stock Geographic Breakdown

Weighting Return Low Return High FAZAX % Rank
US
48.10% 34.23% 75.57% 88.56%
Non US
40.57% 18.37% 51.41% 14.44%

Bond Sector Breakdown

Weighting Return Low Return High FAZAX % Rank
Government
50.65% 0.00% 72.52% 13.62%
Cash & Equivalents
37.24% 1.23% 99.01% 31.06%
Corporate
9.50% 0.08% 63.17% 87.47%
Derivative
1.73% 0.00% 31.93% 32.97%
Securitized
0.87% 0.00% 29.24% 92.10%
Municipal
0.00% 0.00% 4.01% 83.11%

Bond Geographic Breakdown

Weighting Return Low Return High FAZAX % Rank
US
6.10% -0.24% 50.12% 39.51%
Non US
0.82% 0.00% 42.49% 54.50%

FAZAX - Expenses

Operational Fees

FAZAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.02% 35.30% 55.94%
Management Fee 0.54% 0.00% 0.94% 83.06%
12b-1 Fee 0.25% 0.00% 1.00% 36.65%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FAZAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 21.05%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FAZAX 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.

FAZAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 3.00% 208.00% 47.19%

FAZAX - Distributions

Dividend Yield Analysis

FAZAX Category Low Category High FAZAX % Rank
Dividend Yield 0.86% 0.00% 1.44% 30.11%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FAZAX Category Low Category High FAZAX % Rank
Net Income Ratio 1.00% -0.04% 8.75% 39.16%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FAZAX - Fund Manager Analysis

Managers

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.

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 8.11 2.38 1.25