Fidelity Advisor Freedom® 2040 C
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-32.3%
1 yr return
-10.4%
3 Yr Avg Return
9.8%
5 Yr Avg Return
7.6%
Net Assets
$2.48 B
Holdings in Top 10
74.6%
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 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
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 -32.3%
- 3 Yr Annualized Total Return 9.8%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.07%
- 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 | -32.3% | -41.9% | -10.0% | 95.39% |
| 1 Yr | -10.4% | -10.6% | 2.7% | 98.17% |
| 3 Yr | 9.8%* | 6.1% | 11.8% | 52.48% |
| 5 Yr | 7.6%* | 5.6% | 9.4% | 65.73% |
| 10 Yr | 8.7%* | 7.2% | 11.1% | 82.54% |
* Annualized
Return Ranking - Calendar
| Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 4.6% | -6.3% | 17.5% | 68.93% |
| 2020 | 8.9% | 3.3% | 14.9% | 79.38% |
| 2019 | 17.1% | 4.1% | 22.6% | 53.68% |
| 2018 | -18.1% | -23.1% | -6.9% | 83.23% |
| 2017 | 14.9% | -0.2% | 18.8% | 61.94% |
Total Return Ranking - Trailing
| Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -32.3% | -41.9% | -10.0% | 95.39% |
| 1 Yr | -11.2% | -15.0% | 2.7% | 89.77% |
| 3 Yr | 9.8%* | 4.9% | 11.8% | 47.24% |
| 5 Yr | 7.6%* | 4.7% | 9.4% | 60.80% |
| 10 Yr | 8.7%* | 7.2% | 11.1% | 79.03% |
* Annualized
Total Return Ranking - Calendar
| Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 4.6% | -6.3% | 17.5% | 68.93% |
| 2020 | 8.9% | 3.3% | 14.9% | 79.38% |
| 2019 | 17.1% | 4.1% | 22.6% | 53.68% |
| 2018 | -14.5% | -23.1% | -5.5% | 70.06% |
| 2017 | 20.5% | 5.2% | 26.3% | 18.06% |
NAV & Total Return History
FCFFX - Holdings
Concentration Analysis
| FCFFX | Category Low | Category High | FCFFX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.48 B | 88 K | 68.9 B | 24.43% |
| Number of Holdings | 35 | 4 | 562 | 17.27% |
| Net Assets in Top 10 | 1.84 B | 693 K | 68.1 B | 24.55% |
| Weighting of Top 10 | 74.62% | 38.5% | 100.0% | 69.00% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 12.82%
- Fidelity® Series Large Cap Stock 9.77%
- Fidelity® Series International Value 7.58%
- Fidelity® Series Overseas 7.39%
- Fidelity® Series International Growth 7.38%
- Fidelity® Series Value Discovery 6.55%
- Fidelity® Series Stk Selec Lg Cp Val 6.37%
- Fidelity Advisor® Series Equity Gr 5.98%
- Fidelity® Series Opportunistic Insights 5.50%
- Fidelity® Series Long-Term Trs Bd Idx 5.28%
Asset Allocation
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Stocks | 88.19% | 0.00% | 89.49% | 10.00% |
| Bonds | 8.20% | 6.42% | 65.95% | 92.73% |
| Cash | 2.92% | -6.89% | 31.18% | 53.64% |
| Other | 0.40% | -0.92% | 16.90% | 29.09% |
| Preferred Stocks | 0.21% | 0.00% | 0.48% | 13.64% |
| Convertible Bonds | 0.08% | 0.00% | 0.98% | 79.55% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.83% | 13.11% | 18.83% | 2.75% |
| Technology | 17.40% | 13.94% | 24.03% | 86.24% |
| Healthcare | 12.39% | 10.75% | 14.53% | 54.13% |
| Industrials | 11.65% | 9.02% | 12.29% | 22.48% |
| Consumer Cyclical | 9.11% | 8.05% | 13.32% | 98.17% |
| Communication Services | 7.68% | 5.69% | 10.24% | 21.56% |
| Basic Materials | 6.86% | 3.14% | 6.86% | 1.38% |
| Energy | 6.31% | 2.33% | 6.31% | 1.38% |
| Consumer Defense | 5.55% | 4.68% | 11.06% | 84.86% |
| Utilities | 2.27% | 1.90% | 8.13% | 92.66% |
| Real Estate | 1.95% | 1.87% | 10.11% | 96.79% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| US | 45.40% | 0.00% | 68.38% | 84.09% |
| Non US | 42.79% | 0.00% | 44.24% | 2.73% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| Government | 50.25% | 13.41% | 62.05% | 16.36% |
| Cash & Equivalents | 32.82% | 3.19% | 55.75% | 13.64% |
| Corporate | 12.64% | 0.49% | 50.07% | 80.45% |
| Securitized | 3.73% | 0.00% | 36.42% | 91.82% |
| Derivative | 0.48% | 0.00% | 20.78% | 30.45% |
| Municipal | 0.08% | 0.00% | 22.13% | 66.36% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FCFFX % Rank | |
|---|---|---|---|---|
| US | 7.28% | 4.80% | 43.04% | 92.73% |
| Non US | 0.92% | 0.07% | 22.91% | 83.18% |
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% | 0.91% |
| Management Fee | 0.75% | 0.00% | 0.86% | 97.71% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 97.41% |
| Administrative Fee | N/A | 0.01% | 0.29% | 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% | 76.92% |
Trading Fees
| FCFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | 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 | 26.00% | 2.00% | 112.00% | 59.90% |
FCFFX - Distributions
Dividend Yield Analysis
| FCFFX | Category Low | Category High | FCFFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.11% | 69.68% |
Dividend Distribution Analysis
| FCFFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
Net Income Ratio Analysis
| FCFFX | Category Low | Category High | FCFFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.07% | -0.21% | 10.52% | 62.15% |
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 | Type |
|---|---|---|
| Dec 30, 2011 | $0.081 | OrdinaryDividend |
| Dec 31, 2010 | $0.066 | OrdinaryDividend |
| Dec 29, 2009 | $0.079 | OrdinaryDividend |
| May 18, 2009 | $0.004 | OrdinaryDividend |
| Dec 29, 2008 | $0.115 | OrdinaryDividend |
| Dec 31, 2007 | $0.097 | OrdinaryDividend |
| Dec 29, 2006 | $0.098 | OrdinaryDividend |
| Dec 30, 2005 | $0.059 | OrdinaryDividend |
| Dec 30, 2004 | $0.100 | OrdinaryDividend |
| Dec 29, 2003 | $0.080 | OrdinaryDividend |
FCFFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
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
8.36
8.4%
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 | 17.59 | 5.65 | 2.41 |