Fidelity Advisor Freedom® 2065 Fund
- FDFSX
- Price as of: Mar 03, 2021
-
$12.74
N/A N/A
- Primary Theme
- Target-Date 2060+
- Fund Company
- Fidelity Investments
- Share Class
FDFSX - Snapshot
Vitals
- YTD Return 3.9%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $20.8 M
- Holdings in Top 10 73.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.75%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 33.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $500
Fund Classification
-
Primary Theme
Target-Date 2060+
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2060+
FDFSX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFidelity Advisor Freedom® 2065 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 28, 2019
-
Shares OutstandingN/A
-
Share ClassInst
-
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.
FDFSX - Performance
Return Ranking - Trailing
Period | FDFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | 2.1% | 5.2% | 20.53% |
1 Yr | 31.2% | 16.1% | 36.6% | 21.38% |
3 Yr | N/A* | 6.5% | 12.2% | N/A |
5 Yr | N/A* | 11.0% | 15.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FDFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.8% | -3.3% | 18.9% | 30.31% |
2019 | N/A | 11.7% | 29.3% | N/A |
2018 | N/A | -23.9% | -7.8% | N/A |
2017 | N/A | 13.0% | 20.8% | N/A |
2016 | N/A | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
Period | FDFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | 2.1% | 5.2% | 20.53% |
1 Yr | 31.2% | 16.1% | 36.6% | 20.51% |
3 Yr | N/A* | 6.3% | 12.2% | N/A |
5 Yr | N/A* | 10.6% | 15.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FDFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.8% | -3.3% | 18.9% | 30.31% |
2019 | N/A | 11.7% | 29.3% | N/A |
2018 | N/A | -23.9% | -5.7% | N/A |
2017 | N/A | 14.1% | 22.7% | N/A |
2016 | N/A | 1.7% | 11.0% | N/A |
NAV & Total Return History
FDFSX - Holdings
Concentration Analysis
FDFSX | Category Low | Category High | FDFSX % Rank | |
---|---|---|---|---|
Net Assets | 20.8 M | 50 | 7.06 B | 48.77% |
Number of Holdings | 30 | 1 | 494 | 13.81% |
Net Assets in Top 10 | 13.8 M | 82.5 K | 6.97 B | 51.38% |
Weighting of Top 10 | 73.77% | 38.3% | 100.0% | 94.55% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 14.75%
- Fidelity® Series Large Cap Stock 9.82%
- Fidelity® Series International Growth 6.78%
- Fidelity® Series Overseas 6.73%
- Fidelity® Series International Value 6.63%
- Fidelity® Series Value Discovery 6.39%
- Fidelity Advisor® Series Equity Gr 6.31%
- Fidelity® Series Stk Selec Lg Cp Val 6.23%
- Fidelity® Series Opportunistic Insights 5.75%
- Fidelity Advisor® Series Growth Opps 4.39%
Asset Allocation
Weighting | Return Low | Return High | FDFSX % Rank | |
---|---|---|---|---|
Stocks | 88.55% | 70.11% | 98.95% | 72.38% |
Bonds | 5.96% | 0.00% | 88.99% | 45.30% |
Cash | 4.91% | -87.34% | 10.83% | 20.44% |
Other | 0.34% | -0.08% | 15.80% | 32.60% |
Preferred Stocks | 0.17% | 0.00% | 0.36% | 30.11% |
Convertible Bonds | 0.06% | 0.00% | 0.88% | 54.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FDFSX % Rank | |
---|---|---|---|---|
Technology | 20.46% | 15.44% | 22.16% | 23.48% |
Financial Services | 17.07% | 11.84% | 17.61% | 4.97% |
Healthcare | 12.39% | 9.80% | 17.12% | 53.04% |
Industrials | 11.20% | 9.15% | 15.22% | 38.12% |
Consumer Cyclical | 10.90% | 9.42% | 14.14% | 95.30% |
Communication Services | 9.32% | 6.42% | 11.41% | 24.03% |
Consumer Defense | 5.75% | 4.88% | 12.08% | 89.23% |
Basic Materials | 5.16% | 2.40% | 5.55% | 9.39% |
Energy | 3.36% | 1.65% | 3.61% | 10.22% |
Utilities | 2.41% | 0.61% | 4.46% | 86.19% |
Real Estate | 1.98% | 1.80% | 9.08% | 97.51% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FDFSX % Rank | |
---|---|---|---|---|
US | 45.59% | 35.69% | 74.94% | 93.09% |
Non US | 42.96% | 18.20% | 53.26% | 9.12% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FDFSX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 45.27% | 0.61% | 99.42% | 24.59% |
Government | 42.18% | 0.00% | 73.00% | 15.75% |
Corporate | 10.82% | 0.09% | 70.06% | 75.14% |
Securitized | 1.22% | 0.00% | 32.24% | 88.67% |
Derivative | 0.50% | 0.00% | 30.36% | 31.77% |
Municipal | 0.01% | 0.00% | 3.84% | 74.86% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FDFSX % Rank | |
---|---|---|---|---|
US | 5.12% | 0.00% | 46.58% | 41.44% |
Non US | 0.84% | 0.00% | 42.41% | 43.09% |
FDFSX - Expenses
Operational Fees
FDFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.02% | 35.30% | 56.92% |
Management Fee | 0.75% | 0.00% | 0.94% | 96.70% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FDFSX 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
FDFSX 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.
FDFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 1.00% | 208.00% | 58.80% |
FDFSX - Distributions
Dividend Yield Analysis
FDFSX | Category Low | Category High | FDFSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.52% | 79.02% |
Dividend Distribution Analysis
FDFSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FDFSX | Category Low | Category High | FDFSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.85% | -0.04% | 8.75% | 40.71% |
Capital Gain Distribution Analysis
FDFSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
FDFSX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 28, 2019
1.6
1.6%
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
Jun 28, 2019
1.6
1.6%
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 |
---|---|---|---|
0.07 | 8.02 | 2.41 | 1.16 |