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

FCFFX - Snapshot

Vitals

  • YTD Return 6.6%
  • 3 Yr Annualized Return 13.7%
  • 5 Yr Annualized Return 13.6%
  • Net Assets $2.86 B
  • Holdings in Top 10 73.4%

52 WEEK LOW AND HIGH

$17.12
$13.88
$17.84

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.75%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 25.00%

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

$32.64

+0.52%

$46.25 B

1.51%

$0.49

11.21%

0.09%

Vanguard Target Retirement 2040 Fund

Fund

$49.19

+0.51%

$32.25 B

1.47%

$0.72

11.11%

0.14%

Fidelity Freedom® 2040 Fund

Fund

$12.66

+0.32%

$30.07 B

-

$0.12

7.74%

0.75%

American Funds 2040 Target Date Retirement Fund®

Fund

$20.69

-0.10%

$28.48 B

0.71%

$0.14

11.42%

0.71%

T. Rowe Price Retirement 2040 Fund

Fund

$34.46

+0.70%

$16.53 B

0.73%

$0.25

13.24%

0.60%

FCFFX - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 13.7%
  • 5 Yr Annualized Total Return 13.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.14%
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® 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 6.6% 4.6% 13.9% 99.07%
1 Yr 38.4% 24.8% 41.7% 10.96%
3 Yr 13.7%* 8.8% 15.2% 27.36%
5 Yr 13.6%* 10.1% 15.1% 25.84%
10 Yr 9.3%* 7.6% 11.6% 74.19%

* 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 6.6% 4.6% 13.9% 99.07%
1 Yr 37.4% 17.6% 41.7% 12.04%
3 Yr 13.7%* 6.7% 15.2% 25.25%
5 Yr 13.6%* 8.8% 15.1% 23.86%
10 Yr 9.3%* 7.6% 11.6% 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 2.86 B 182 K 46.3 B 24.23%
Number of Holdings 37 4 530 6.17%
Net Assets in Top 10 2.1 B 138 K 45.7 B 24.23%
Weighting of Top 10 73.42% 38.9% 100.0% 73.66%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 14.18%
  2. Fidelity® Series Large Cap Stock 9.95%
  3. Fidelity® Series International Value 6.85%
  4. Fidelity® Series Overseas 6.83%
  5. Fidelity® Series International Growth 6.82%
  6. Fidelity® Series Value Discovery 6.50%
  7. Fidelity® Series Stk Selec Lg Cp Val 6.35%
  8. Fidelity Advisor® Series Equity Gr 6.09%
  9. Fidelity® Series Opportunistic Insights 5.73%
  10. Fidelity Advisor® Series Growth Opps 4.11%

Asset Allocation

Weighting Return Low Return High FCFFX % Rank
Stocks 		88.13% 64.01% 90.51% 9.69%
Bonds 		6.63% -14.53% 90.36% 95.15%
Cash 		4.55% -65.19% 48.81% 29.52%
Other 		0.46% -2.54% 7.22% 32.60%
Preferred Stocks 		0.15% 0.00% 0.47% 23.79%
Convertible Bonds 		0.08% 0.00% 1.40% 83.26%

Stock Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Technology 		18.93% 14.75% 21.15% 42.29%
Financial Services 		18.48% 12.37% 18.85% 6.61%
Industrials 		12.62% 9.29% 14.83% 6.61%
Healthcare 		11.74% 8.78% 14.76% 61.23%
Consumer Cyclical 		10.20% 8.54% 15.06% 96.04%
Communication Services 		9.66% 6.98% 11.22% 21.59%
Basic Materials 		5.39% 2.97% 5.89% 9.69%
Consumer Defense 		5.24% 4.28% 11.29% 90.31%
Energy 		3.62% 1.88% 4.03% 9.69%
Utilities 		2.11% 0.40% 6.18% 96.04%
Real Estate 		2.01% 1.83% 9.33% 96.92%

Stock Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US 		45.67% 29.93% 67.62% 89.43%
Non US 		42.46% 16.95% 44.39% 4.85%

Bond Sector Breakdown

Weighting Return Low Return High FCFFX % Rank
Government 		47.22% 8.80% 60.69% 12.33%
Cash & Equivalents 		40.47% 1.46% 52.23% 8.37%
Corporate 		11.11% 0.79% 57.83% 89.43%
Securitized 		0.93% 0.00% 31.59% 96.48%
Derivative 		0.26% 0.00% 27.01% 39.21%
Municipal 		0.01% 0.00% 17.70% 77.97%

Bond Geographic Breakdown

Weighting Return Low Return High FCFFX % Rank
US 		5.69% 2.14% 60.19% 95.15%
Non US 		0.94% -54.55% 36.77% 76.21%

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% 96.88%
12b-1 Fee 1.00% 0.00% 1.00% 94.31%
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% 64.29%

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% 101.00% 36.19%

FCFFX - Distributions

Dividend Yield Analysis

FCFFX Category Low Category High FCFFX % Rank
Dividend Yield 0.00% 0.00% 0.14% 72.25%

Dividend Distribution Analysis

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

Dividend Payout History

View More +

FCFFX - Fund Manager Analysis

Managers

Andrew Dierdorf

Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.01

10.0%

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

7.44

7.4%

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
0.09 16.67 5.12 1.5

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