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

FCFFX - Snapshot

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return 13.1%
  • 5 Yr Annualized Return 13.1%
  • Net Assets $2.8 B
  • Holdings in Top 10 73.5%

52 WEEK LOW AND HIGH

$17.28
$12.31
$17.84

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
    Target-Date 2040
  • 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

Vanguard Institutional Target Retirement 2040 Fund

Fund

$31.51

+1.38%

$42.38 B

1.58%

$0.49

7.36%

-

Vanguard Target Retirement 2040 Fund

Fund

$47.51

+1.37%

$34.37 B

1.53%

$0.72

7.32%

-

Fidelity Freedom® 2040 Fund

Fund

$12.34

-2.99%

$29.28 B

0.97%

$0.12

5.02%

0.75%

American Funds 2040 Target Date Retirement Fund®

Fund

$19.97

+1.42%

$27.44 B

0.74%

$0.14

7.54%

0.34%

T. Rowe Price Retirement 2040 Fund

Fund

$33.31

+1.59%

$16.34 B

0.76%

$0.25

9.46%

0.09%

FCFFX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 13.1%
  • 5 Yr Annualized Total Return 13.1%
  • 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 3.8% 3.0% 10.1% 99.54%
1 Yr 46.4% 24.7% 49.8% 11.47%
3 Yr 13.1%* 8.0% 14.6% 25.13%
5 Yr 13.1%* 9.6% 14.5% 29.38%
10 Yr 8.5%* 7.1% 11.1% 78.33%

* Annualized

Return Ranking - Calendar

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
2020 8.9% 1.3% 14.9% 76.47%
2019 17.1% 4.1% 22.6% 52.00%
2018 -18.1% -23.1% -6.9% 79.66%
2017 14.9% -15.1% 18.8% 59.39%
2016 2.6% -0.2% 8.2% 73.43%

Total Return Ranking - Trailing

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% 3.0% 10.1% 99.54%
1 Yr 45.4% 21.0% 49.8% 11.63%
3 Yr 13.1%* 5.9% 14.6% 23.35%
5 Yr 13.1%* 8.4% 14.5% 27.43%
10 Yr 8.5%* 7.1% 11.1% 74.58%

* Annualized

Total Return Ranking - Calendar

Period FCFFX Return Category Return Low Category Return High Rank in Category (%)
2020 8.9% 1.3% 14.9% 76.47%
2019 17.1% 4.1% 22.6% 52.00%
2018 -14.5% -23.1% -5.5% 67.23%
2017 20.5% -15.1% 26.3% 16.97%
2016 7.3% -0.1% 10.6% 39.16%

NAV & Total Return History

FCFFX - Holdings

Concentration Analysis

FCFFX Category Low Category High FCFFX % Rank
Net Assets 2.8 B 165 K 42.4 B 25.22%
Number of Holdings 35 4 523 7.08%
Net Assets in Top 10 1.99 B 129 K 37.9 B 25.22%
Weighting of Top 10 73.47% 38.5% 100.0% 74.13%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 13.92%
  2. Fidelity® Series Large Cap Stock 10.11%
  3. Fidelity® Series International Value 6.82%
  4. Fidelity® Series Overseas 6.70%
  5. Fidelity® Series Value Discovery 6.70%
  6. Fidelity® Series International Growth 6.65%
  7. Fidelity® Series Stk Selec Lg Cp Val 6.51%
  8. Fidelity Advisor® Series Equity Gr 6.14%
  9. Fidelity® Series Opportunistic Insights 5.77%
  10. Fidelity Advisor® Series Growth Opps 4.16%

Asset Allocation

Weighting Return Low Return High FCFFX % Rank
Stocks 		88.24% 59.49% 89.88% 15.49%
Bonds 		6.28% 1.30% 86.07% 93.36%
Cash 		4.97% -61.41% 16.01% 21.24%
Other 		0.25% -0.22% 15.68% 35.40%
Preferred Stocks 		0.17% 0.00% 0.47% 23.01%
Convertible Bonds 		0.09% 0.00% 1.05% 81.86%

Stock Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Technology 		19.27% 14.76% 21.17% 49.56%
Financial Services 		18.07% 12.37% 18.57% 6.19%
Industrials 		12.34% 9.42% 14.56% 19.47%
Healthcare 		11.83% 9.05% 15.56% 60.18%
Consumer Cyclical 		10.38% 9.32% 14.13% 96.90%
Communication Services 		9.55% 6.65% 10.75% 23.45%
Consumer Defense 		5.45% 4.57% 12.16% 91.15%
Basic Materials 		5.21% 2.92% 5.61% 12.83%
Energy 		3.66% 1.81% 4.03% 13.27%
Utilities 		2.16% 0.55% 4.61% 93.81%
Real Estate 		2.07% 1.81% 9.28% 97.79%

Stock Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US 		46.17% 31.75% 68.12% 85.40%
Non US 		42.07% 16.69% 44.10% 5.75%

Bond Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Cash & Equivalents 		43.60% 0.71% 50.42% 6.19%
Government 		43.60% 8.80% 60.76% 19.91%
Corporate 		11.19% 0.09% 58.29% 90.71%
Securitized 		1.06% 0.00% 31.96% 97.79%
Derivative 		0.54% 0.00% 28.87% 33.19%
Municipal 		0.01% 0.00% 17.70% 85.40%

Bond Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US 		5.39% 2.83% 47.72% 97.79%
Non US 		0.89% -17.38% 38.35% 77.43%

FCFFX - Expenses

Operational Fees

FCFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.01% 7.84% 14.00%
Management Fee 0.75% 0.00% 0.88% 97.31%
12b-1 Fee 1.00% 0.00% 1.00% 100.00%
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% 100.00%

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% 2.00% 101.00% 48.33%

FCFFX - Distributions

Dividend Yield Analysis

FCFFX Category Low Category High FCFFX % Rank
Dividend Yield 0.00% 0.00% 0.14% 98.67%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FCFFX Category Low Category High FCFFX % Rank
Net Income Ratio 0.42% 0.18% 6.53% 99.03%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FCFFX - Fund Manager Analysis

Managers

Andrew Dierdorf

Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.84

9.8%

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

7.28

7.3%

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
0.04 16.5 5.01 1.33

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