FCFFX: Fidelity Advisor Freedom® 2040 Fund - MutualFunds.com

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Fidelity Advisor Freedom® 2040 C

FCFFX - Snapshot

Vitals

  • YTD Return 4.5%
  • 3 Yr Annualized Return 5.1%
  • 5 Yr Annualized Return 7.5%
  • Net Assets $2.2 B
  • Holdings in Top 10 73.8%

52 WEEK LOW AND HIGH

$15.46
$10.40
$15.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.75%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $500

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Compare FCFFX to Popular Target-Date 2040 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$42.90

-0.14%

$31.37 B

2.07%

$0.89

9.63%

$28.37

-0.14%

$28.88 B

2.12%

$0.60

9.62%

$11.41

+0.09%

$23.49 B

-

$0.16

7.74%

0.75%

$18.13

-0.11%

$20.83 B

0.90%

$0.16

11.91%

0.36%

$30.26

-0.20%

$14.10 B

1.48%

$0.45

11.83%

0.09%

FCFFX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Advisor Freedom® 2040 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jul 24, 2003
  • Shares Outstanding
    N/A
  • Share Class
    C
  • 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). It allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Advisor Freedom® Income Fund.


FCFFX - Performance

Return Ranking - Trailing

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -3.6% 13.0% 88.48%
1 Yr 5.1% -1.4% 9.4% 49.77%
3 Yr 5.1%* 1.7% 7.6% 64.32%
5 Yr 7.5%* 4.5% 9.5% 51.12%
10 Yr 7.3%* 4.7% 10.0% 83.20%

* Annualized

Return Ranking - Calendar

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
2019 17.1% 4.1% 22.6% 49.29%
2018 -18.1% -23.1% -6.9% 80.85%
2017 14.9% -15.1% 18.8% 56.25%
2016 2.6% -0.2% 8.2% 74.68%
2015 -6.0% -14.5% -1.5% 50.39%

Total Return Ranking - Trailing

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -3.6% 13.0% 88.48%
1 Yr 4.1% -6.3% 9.4% 54.63%
3 Yr 5.1%* 0.5% 7.6% 57.36%
5 Yr 7.5%* 4.1% 9.5% 47.16%
10 Yr 7.3%* 4.7% 10.0% 79.67%

* Annualized

Total Return Ranking - Calendar

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
2019 17.1% 4.1% 22.6% 49.29%
2018 -14.5% -23.1% -5.5% 68.62%
2017 20.5% -15.1% 26.3% 15.91%
2016 7.3% -0.1% 10.6% 37.01%
2015 -1.7% -14.5% 0.6% 38.76%

NAV & Total Return History


FCFFX - Holdings

Concentration Analysis

FCFFX Category Low Category High FCFFX % Rank
Net Assets 2.2 B 128 K 31.4 B 24.78%
Number of Holdings 33 1 518 8.81%
Net Assets in Top 10 1.67 B 105 K 31.1 B 25.11%
Weighting of Top 10 73.82% 42.0% 100.0% 72.86%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 13.75%
  2. Fidelity® Series Large Cap Stock 9.35%
  3. Fidelity® Series International Growth 7.06%
  4. Fidelity® Series Overseas 7.00%
  5. Fidelity® Series International Value 6.84%
  6. Fidelity® Series Opportunistic Insights 6.42%
  7. Fidelity® Series Value Discovery 6.34%
  8. Fidelity Advisor® Series Equity Gr 6.33%
  9. Fidelity® Series Stk Selec Lg Cp Val 6.21%
  10. Fidelity Advisor® Series Growth Opps 4.51%

Asset Allocation

Weighting Return Low Return High FCFFX % Rank
Stocks
88.72% 40.50% 97.02% 11.89%
Bonds
6.23% 1.31% 91.81% 97.36%
Cash
4.64% -73.90% 14.87% 33.48%
Preferred Stocks
0.17% 0.00% 0.93% 22.47%
Other
0.17% -0.33% 39.22% 40.97%
Convertible Bonds
0.07% 0.00% 0.91% 81.06%

Stock Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Technology
19.97% 11.16% 23.13% 29.52%
Financial Services
16.25% 10.20% 16.77% 11.45%
Healthcare
13.31% 10.72% 18.09% 46.26%
Consumer Cyclical
11.12% 9.21% 13.63% 77.97%
Industrials
10.89% 8.75% 14.46% 40.09%
Communication Services
9.73% 6.03% 11.05% 16.74%
Consumer Defense
6.30% 5.13% 12.49% 86.34%
Basic Materials
4.87% 2.43% 7.35% 15.42%
Energy
3.38% 1.58% 4.02% 21.15%
Utilities
2.10% 0.79% 4.98% 96.04%
Real Estate
2.07% 1.89% 10.00% 97.36%

Stock Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US
45.78% 9.56% 67.14% 74.01%
Non US
42.94% 11.77% 44.62% 3.08%

Bond Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Government
43.46% 9.29% 61.72% 20.70%
Cash & Equivalents
42.61% 1.00% 49.69% 5.29%
Corporate
12.58% 0.11% 58.58% 86.34%
Securitized
1.19% 0.00% 33.79% 92.95%
Derivative
0.17% 0.00% 32.90% 33.92%
Municipal
0.01% 0.00% 13.58% 80.62%

Bond Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US
5.44% -0.45% 55.25% 94.27%
Non US
0.79% 0.18% 65.92% 91.19%

FCFFX - Expenses

Operational Fees

FCFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.01% 12.08% 12.50%
Management Fee 0.75% 0.00% 0.88% 97.36%
12b-1 Fee 1.00% 0.00% 1.00% 93.89%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FCFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 50.00%

Trading Fees

FCFFX 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.

FCFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 101.00% 56.00%

FCFFX - Distributions

Dividend Yield Analysis

FCFFX Category Low Category High FCFFX % Rank
Dividend Yield 0.00% 0.00% 2.38% 53.48%

Dividend Distribution Analysis

FCFFX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Semi-Annually

Net Income Ratio Analysis

FCFFX Category Low Category High FCFFX % Rank
Net Income Ratio 0.42% -0.27% 6.94% 98.61%

Capital Gain Distribution Analysis

FCFFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

FCFFX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.35

9.4%

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

Jan 21, 2014

6.78

6.8%

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
0.2 18.1 5.45 0.83