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

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

$16.72
$10.40
$17.23

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 Target Retirement 2040 Fund

Fund

$45.02

-0.60%

$35.90 B

1.59%

$0.72

1.69%

-

Vanguard Institutional Target Retirement 2040 Fund

Fund

$29.86

-0.57%

$33.84 B

1.63%

$0.49

1.74%

-

Fidelity Freedom® 2040 Fund

Fund

$12.15

-0.90%

$27.52 B

1.01%

$0.12

3.40%

0.75%

American Funds 2040 Target Date Retirement Fund®

Fund

$18.90

-0.63%

$24.37 B

0.76%

$0.14

1.78%

0.34%

T. Rowe Price Retirement 2040 Fund

Fund

$31.45

-0.51%

$15.37 B

0.79%

$0.25

3.35%

0.09%

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%
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 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

  1. Fidelity® Series Emerging Markets Opps 14.55%
  2. Fidelity® Series Large Cap Stock 9.89%
  3. Fidelity® Series International Value 7.00%
  4. Fidelity® Series International Growth 6.99%
  5. Fidelity® Series Overseas 6.80%
  6. Fidelity® Series Value Discovery 6.43%
  7. Fidelity® Series Stk Selec Lg Cp Val 6.30%
  8. Fidelity Advisor® Series Equity Gr 6.05%
  9. Fidelity® Series Opportunistic Insights 5.42%
  10. 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

View More +

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

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