Fidelity Advisor Freedom® 2040 C
- FCFFX
- Price as of: Feb 26, 2021
-
$16.72
N/A N/A
- Primary Theme
- Target-Date 2040
- Fund Company
- Fidelity Investments
- Share Class
FCFFX - Snapshot
Vitals
- YTD Return 2.9%
- 3 Yr Annualized Return 7.9%
- 5 Yr Annualized Return 12.6%
- Net Assets $2.55 B
- Holdings in Top 10 73.9%
52 WEEK LOW AND HIGH
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
FCFFX - Profile
Distributions
- YTD Total Return 2.9%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 12.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.42%
- 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® 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 | 2.9% | -0.1% | 4.6% | 15.07% |
1 Yr | 18.1% | 7.4% | 21.4% | 19.55% |
3 Yr | 7.9%* | 4.4% | 9.7% | 40.40% |
5 Yr | 12.6%* | 9.2% | 14.0% | 30.68% |
10 Yr | 8.2%* | 7.0% | 10.9% | 87.60% |
* Annualized
Return Ranking - Calendar
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.9% | 1.3% | 14.9% | 76.81% |
2019 | 17.1% | 4.1% | 22.6% | 51.74% |
2018 | -18.1% | -23.1% | -6.9% | 79.78% |
2017 | 14.9% | -15.1% | 18.8% | 59.04% |
2016 | 2.6% | -0.2% | 8.2% | 72.92% |
Total Return Ranking - Trailing
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.9% | -0.1% | 4.6% | 15.07% |
1 Yr | 17.1% | 3.5% | 21.4% | 23.04% |
3 Yr | 7.9%* | 2.3% | 9.7% | 36.73% |
5 Yr | 12.6%* | 7.9% | 14.0% | 28.74% |
10 Yr | 8.2%* | 7.0% | 10.9% | 83.19% |
* Annualized
Total Return Ranking - Calendar
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.9% | 1.3% | 14.9% | 76.81% |
2019 | 17.1% | 4.1% | 22.6% | 51.74% |
2018 | -14.5% | -23.1% | -5.5% | 66.85% |
2017 | 20.5% | -15.1% | 26.3% | 16.87% |
2016 | 7.3% | -0.1% | 10.6% | 38.89% |
NAV & Total Return History
FCFFX - Holdings
Concentration Analysis
FCFFX | Category Low | Category High | FCFFX % Rank | |
---|---|---|---|---|
Net Assets | 2.55 B | 150 K | 35.9 B | 25.56% |
Number of Holdings | 34 | 1 | 532 | 6.73% |
Net Assets in Top 10 | 1.89 B | 123 K | 35.6 B | 25.56% |
Weighting of Top 10 | 73.86% | 38.5% | 100.0% | 74.15% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 14.55%
- Fidelity® Series Large Cap Stock 9.89%
- Fidelity® Series International Value 7.00%
- Fidelity® Series International Growth 6.99%
- Fidelity® Series Overseas 6.80%
- Fidelity® Series Value Discovery 6.43%
- Fidelity® Series Stk Selec Lg Cp Val 6.30%
- Fidelity Advisor® Series Equity Gr 6.05%
- Fidelity® Series Opportunistic Insights 5.42%
- Fidelity Advisor® Series Growth Opps 4.42%
Asset Allocation
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Stocks | 88.92% | 40.22% | 90.66% | 13.90% |
Bonds | 5.81% | 2.04% | 83.47% | 97.31% |
Cash | 4.71% | -61.88% | 9.18% | 18.39% |
Other | 0.33% | -0.25% | 39.58% | 35.87% |
Preferred Stocks | 0.16% | 0.00% | 0.79% | 28.25% |
Convertible Bonds | 0.06% | 0.00% | 0.90% | 94.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Technology | 20.29% | 12.61% | 22.09% | 27.35% |
Financial Services | 17.18% | 11.46% | 17.43% | 3.59% |
Healthcare | 12.42% | 10.09% | 17.02% | 56.95% |
Industrials | 11.32% | 9.05% | 14.81% | 37.67% |
Consumer Cyclical | 10.83% | 9.41% | 14.19% | 92.38% |
Communication Services | 9.21% | 6.69% | 11.10% | 26.46% |
Consumer Defense | 5.75% | 5.05% | 12.19% | 90.13% |
Basic Materials | 5.19% | 2.53% | 7.40% | 9.42% |
Energy | 3.37% | 1.62% | 3.65% | 5.83% |
Utilities | 2.44% | 0.61% | 4.51% | 83.86% |
Real Estate | 2.00% | 1.82% | 9.05% | 97.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
US | 45.69% | 9.47% | 65.08% | 83.41% |
Non US | 43.23% | 11.75% | 44.82% | 5.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 45.01% | 0.36% | 49.23% | 3.14% |
Government | 42.45% | 9.62% | 62.08% | 17.49% |
Corporate | 10.77% | 0.10% | 57.41% | 94.62% |
Securitized | 1.25% | 0.00% | 31.10% | 91.93% |
Derivative | 0.51% | 0.00% | 27.44% | 37.22% |
Municipal | 0.01% | 0.00% | 16.40% | 79.82% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
US | 5.00% | 0.58% | 44.89% | 97.31% |
Non US | 0.81% | -12.37% | 38.58% | 86.10% |
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% | 13.43% |
Management Fee | 0.75% | 0.00% | 0.88% | 97.27% |
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% | 48.37% |
FCFFX - Distributions
Dividend Yield Analysis
FCFFX | Category Low | Category High | FCFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.15% | 99.10% |
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% | 99.52% |
Capital Gain Distribution Analysis
FCFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | 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
9.6
9.6%
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
7.03
7.0%
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 |
---|---|---|---|
0.08 | 16.26 | 4.98 | 1.08 |