Fidelity Advisor Freedom® 2040 C
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
8.6%
1 yr return
27.0%
3 Yr Avg Return
11.9%
5 Yr Avg Return
12.1%
Net Assets
$2.81 B
Holdings in Top 10
73.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Target-Date 2040
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FCFFX - Profile
Distributions
- YTD Total Return 8.6%
- 3 Yr Annualized Total Return 11.9%
- 5 Yr Annualized Total Return 12.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.14%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Advisor Freedom® 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJul 24, 2003
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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 Advisor Freedom® Income Fund.
FCFFX - Performance
Return Ranking - Trailing
| Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.6% | 4.6% | 16.0% | 92.59% |
| 1 Yr | 27.0% | 16.6% | 29.5% | 13.96% |
| 3 Yr | 11.9%* | 7.2% | 13.6% | 34.60% |
| 5 Yr | 12.1%* | 8.9% | 13.5% | 35.20% |
| 10 Yr | 10.9%* | 9.3% | 13.3% | 72.58% |
* 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 | 8.6% | 4.6% | 16.0% | 92.59% |
| 1 Yr | 26.0% | 10.7% | 29.5% | 21.00% |
| 3 Yr | 11.9%* | 5.1% | 13.6% | 31.73% |
| 5 Yr | 12.1%* | 7.7% | 13.5% | 32.20% |
| 10 Yr | 10.9%* | 9.3% | 13.3% | 71.31% |
* 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 | 2.81 B | 264 K | 48.7 B | 25.33% |
| Number of Holdings | 33 | 4 | 542 | 9.69% |
| Net Assets in Top 10 | 2.16 B | 208 K | 49.7 B | 24.67% |
| Weighting of Top 10 | 73.90% | 38.5% | 100.0% | 75.36% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 13.02%
- Fidelity® Series Large Cap Stock 9.80%
- Fidelity® Series Overseas 7.32%
- Fidelity® Series International Growth 7.29%
- Fidelity® Series International Value 7.22%
- Fidelity® Series Value Discovery 6.36%
- Fidelity Advisor® Series Equity Gr 6.35%
- Fidelity® Series Stk Selec Lg Cp Val 6.22%
- Fidelity® Series Opportunistic Insights 5.89%
- Fidelity Advisor® Series Growth Opps 4.43%
Asset Allocation
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Stocks | 88.95% | 61.84% | 90.16% | 8.81% |
| Bonds | 6.35% | 3.17% | 66.78% | 98.68% |
| Cash | 4.10% | -61.37% | 26.07% | 39.21% |
| Other | 0.39% | -4.29% | 7.45% | 31.28% |
| Preferred Stocks | 0.16% | 0.00% | 0.38% | 22.47% |
| Convertible Bonds | 0.05% | 0.00% | 1.03% | 91.19% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Technology | 19.91% | 14.96% | 23.65% | 36.56% |
| Financial Services | 18.11% | 13.08% | 18.37% | 3.52% |
| Industrials | 12.51% | 9.64% | 14.83% | 3.96% |
| Healthcare | 12.16% | 10.07% | 14.76% | 59.03% |
| Communication Services | 10.00% | 6.99% | 11.22% | 12.78% |
| Consumer Cyclical | 9.35% | 8.73% | 15.06% | 96.48% |
| Basic Materials | 5.48% | 3.08% | 5.54% | 4.41% |
| Consumer Defense | 5.01% | 4.28% | 10.59% | 93.83% |
| Energy | 3.53% | 1.71% | 4.02% | 23.79% |
| Utilities | 1.98% | 0.40% | 6.66% | 95.15% |
| Real Estate | 1.95% | 1.80% | 9.31% | 97.36% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| US | 46.89% | 28.78% | 66.66% | 82.82% |
| Non US | 42.06% | 17.09% | 44.01% | 5.29% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Government | 47.12% | 10.32% | 62.79% | 16.30% |
| Cash & Equivalents | 41.64% | 0.49% | 49.82% | 5.29% |
| Corporate | 10.05% | 0.66% | 58.55% | 89.87% |
| Securitized | 0.88% | 0.00% | 29.63% | 97.36% |
| Derivative | 0.31% | 0.00% | 31.81% | 41.41% |
| Municipal | 0.00% | 0.00% | 24.22% | 96.04% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| US | 5.52% | 2.19% | 50.95% | 96.92% |
| Non US | 0.83% | -27.70% | 15.83% | 85.02% |
FCFFX - Expenses
Operational Fees
| FCFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.75% | 0.06% | 1.84% | 0.88% |
| Management Fee | 0.75% | 0.00% | 0.88% | 97.79% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.19% |
| 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% | 92.86% |
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 | 25.00% | 2.00% | 112.00% | 38.81% |
FCFFX - Distributions
Dividend Yield Analysis
| FCFFX | Category Low | Category High | FCFFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.00% | 96.94% |
Dividend Distribution Analysis
| FCFFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
| FCFFX | Category Low | Category High | FCFFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.14% | -0.14% | 6.53% | 100.00% |
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
| Date | Amount |
|---|---|
| Dec 30, 2011 | $0.081 |
| Dec 31, 2010 | $0.066 |
| Dec 29, 2009 | $0.079 |
| May 18, 2009 | $0.004 |
| Dec 29, 2008 | $0.115 |
| Dec 31, 2007 | $0.097 |
| Dec 29, 2006 | $0.098 |
| Dec 30, 2005 | $0.059 |
| Dec 30, 2004 | $0.100 |
| Dec 29, 2003 | $0.080 |
FCFFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.26
10.3%
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
7.7
7.7%
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 |
|---|---|---|---|
| 0.15 | 16.92 | 5.25 | 1.75 |