Fidelity Flex Freedom Blend 2040 Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.9%
1 yr return
14.9%
3 Yr Avg Return
4.9%
5 Yr Avg Return
9.4%
Net Assets
$68.5 M
Holdings in Top 10
79.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FCLSX - Profile
Distributions
- YTD Total Return 13.9%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.84%
- Dividend Yield 0.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Flex Freedom Blend 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrett Sumsion
Fund Description
FCLSX - Performance
Return Ranking - Trailing
Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.9% | 3.0% | 21.9% | 20.86% |
1 Yr | 14.9% | 5.9% | 19.3% | 23.53% |
3 Yr | 4.9%* | -0.5% | 8.6% | 17.20% |
5 Yr | 9.4%* | 4.1% | 9.8% | 6.06% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.9% | 9.0% | 18.3% | 2.69% |
2022 | -22.6% | -60.3% | -15.8% | 40.32% |
2021 | 9.0% | -6.3% | 17.5% | 37.85% |
2020 | 11.4% | 3.3% | 14.9% | 36.36% |
2019 | 17.2% | 6.0% | 22.6% | 58.23% |
Total Return Ranking - Trailing
Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.9% | 3.0% | 21.9% | 20.86% |
1 Yr | 14.9% | 5.9% | 19.3% | 23.53% |
3 Yr | 4.9%* | -0.5% | 8.6% | 17.20% |
5 Yr | 9.4%* | 4.1% | 9.8% | 6.06% |
10 Yr | N/A* | 4.8% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.5% | 11.9% | 37.9% | 14.52% |
2022 | -17.8% | -29.4% | -2.8% | 60.22% |
2021 | 16.9% | 8.3% | 22.1% | 25.42% |
2020 | 18.3% | 8.2% | 22.1% | 18.18% |
2019 | 25.9% | 19.6% | 40.1% | 28.48% |
NAV & Total Return History
FCLSX - Holdings
Concentration Analysis
FCLSX | Category Low | Category High | FCLSX % Rank | |
---|---|---|---|---|
Net Assets | 68.5 M | 7.86 M | 82.6 B | 80.21% |
Number of Holdings | 30 | 3 | 590 | 18.18% |
Net Assets in Top 10 | 57.3 M | 7.3 M | 93.1 B | 80.21% |
Weighting of Top 10 | 79.74% | 41.1% | 139.0% | 61.62% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.21%
- Fidelity Series Blue Chip Growth Fund 11.02%
- Fidelity Series Emerging Markets Opportunities Fund 10.55%
- Fidelity Series Long-Term Treasury Bond Index Fund 7.18%
- Fidelity Series Large Cap Growth Index Fund 7.14%
- Fidelity Series International Growth Fund 6.57%
- Fidelity Series Overseas Fund 6.54%
- Fidelity Series International Value Fund 6.54%
- Fidelity Series Large Cap Stock Fund 6.39%
- Fidelity Series Value Discovery Fund 4.60%
Asset Allocation
Weighting | Return Low | Return High | FCLSX % Rank | |
---|---|---|---|---|
Stocks | 99.97% | 0.00% | 100.10% | 21.39% |
Convertible Bonds | 0.06% | 0.00% | 0.98% | 85.56% |
Cash | 0.03% | 0.00% | 40.33% | 75.40% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 42.25% |
Other | 0.00% | -0.02% | 3.30% | 50.27% |
Bonds | 0.00% | 0.00% | 16.22% | 57.22% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FCLSX % Rank | |
---|---|---|---|---|
Technology | 18.89% | 13.94% | 24.03% | 48.13% |
Financial Services | 17.96% | 13.11% | 18.83% | 10.16% |
Industrials | 11.66% | 9.02% | 12.29% | 17.11% |
Consumer Cyclical | 11.54% | 8.05% | 13.32% | 32.09% |
Healthcare | 11.10% | 10.75% | 14.53% | 96.79% |
Communication Services | 7.35% | 5.69% | 10.24% | 42.25% |
Basic Materials | 6.12% | 3.14% | 6.86% | 8.02% |
Consumer Defense | 5.51% | 4.68% | 11.06% | 88.77% |
Energy | 5.46% | 2.33% | 6.31% | 13.90% |
Utilities | 2.27% | 1.90% | 8.13% | 93.05% |
Real Estate | 2.16% | 1.87% | 10.11% | 94.65% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FCLSX % Rank | |
---|---|---|---|---|
US | 99.97% | 0.00% | 100.10% | 21.39% |
Non US | 0.00% | 0.00% | 31.64% | 44.92% |
FCLSX - Expenses
Operational Fees
FCLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.01% | 0.01% | 6.94% | 100.00% |
Management Fee | 0.00% | 0.00% | 0.86% | 13.59% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FCLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FCLSX 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.
FCLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 2.00% | 112.00% | 73.37% |
FCLSX - Distributions
Dividend Yield Analysis
FCLSX | Category Low | Category High | FCLSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.26% | 0.00% | 8.83% | 46.52% |
Dividend Distribution Analysis
FCLSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | SemiAnnual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
FCLSX | Category Low | Category High | FCLSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.84% | -0.21% | 4.18% | 3.85% |
Capital Gain Distribution Analysis
FCLSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.244 | OrdinaryDividend |
Dec 28, 2023 | $0.014 | CapitalGainShortTerm |
Dec 29, 2022 | $0.450 | OrdinaryDividend |
May 06, 2022 | $0.180 | OrdinaryDividend |
Dec 30, 2021 | $0.579 | OrdinaryDividend |
May 07, 2021 | $0.341 | OrdinaryDividend |
Dec 30, 2020 | $0.517 | OrdinaryDividend |
May 08, 2020 | $0.162 | OrdinaryDividend |
Dec 30, 2019 | $0.227 | OrdinaryDividend |
Dec 30, 2019 | $0.044 | CapitalGainShortTerm |
Dec 30, 2019 | $0.062 | CapitalGainLongTerm |
May 10, 2019 | $0.402 | CapitalGainLongTerm |
May 10, 2019 | $0.008 | OrdinaryDividend |
Dec 28, 2018 | $0.062 | CapitalGainShortTerm |
Dec 28, 2018 | $0.154 | CapitalGainLongTerm |
Dec 28, 2018 | $0.213 | OrdinaryDividend |
May 11, 2018 | $0.018 | CapitalGainShortTerm |
May 11, 2018 | $0.295 | CapitalGainLongTerm |
May 11, 2018 | $0.009 | OrdinaryDividend |
Dec 28, 2017 | $0.165 | OrdinaryDividend |
Dec 28, 2017 | $0.056 | CapitalGainShortTerm |
Dec 28, 2017 | $0.109 | CapitalGainLongTerm |
FCLSX - Fund Manager Analysis
Managers
Brett Sumsion
Start Date
Tenure
Tenure Rank
Jun 08, 2017
4.98
5.0%
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.
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 08, 2017
4.98
5.0%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.77 | 2.41 |