Fidelity Advisor Freedom® 2065 Fund
- FDFVX
- Price as of: Mar 01, 2021
-
$12.50
N/A N/A
- Primary Theme
- Target-Date 2060+
- Fund Company
- Fidelity Investments
- Share Class
FDFVX - Snapshot
Vitals
- YTD Return 5.2%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $18.7 M
- Holdings in Top 10 74.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.25%
SALES FEES
- Front Load 3.50%
- 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+
FDFVX - Profile
Distributions
- YTD Total Return 5.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.35%
- 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 ClassM
-
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.
FDFVX - Performance
Return Ranking - Trailing
Period | FDFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | 0.5% | 3.9% | 28.45% |
1 Yr | 18.5% | 6.5% | 29.3% | 26.84% |
3 Yr | N/A* | 4.8% | 11.2% | N/A |
5 Yr | N/A* | 10.3% | 14.4% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FDFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.6% | -3.3% | 18.9% | 34.65% |
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 | FDFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | 0.5% | 3.9% | 28.45% |
1 Yr | 14.4% | 5.4% | 22.3% | 74.35% |
3 Yr | N/A* | 4.0% | 10.3% | N/A |
5 Yr | N/A* | 9.9% | 14.4% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FDFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.6% | -3.3% | 18.9% | 34.65% |
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
FDFVX - Holdings
Concentration Analysis
FDFVX | Category Low | Category High | FDFVX % Rank | |
---|---|---|---|---|
Net Assets | 18.7 M | 50 | 7.06 B | 50.14% |
Number of Holdings | 30 | 1 | 494 | 8.84% |
Net Assets in Top 10 | 12.1 M | 82.5 K | 6.97 B | 51.93% |
Weighting of Top 10 | 74.02% | 38.3% | 100.0% | 86.08% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 14.39%
- Fidelity® Series Large Cap Stock 9.77%
- Fidelity® Series International Growth 6.99%
- Fidelity® Series Overseas 6.98%
- Fidelity® Series International Value 6.88%
- Fidelity® Series Value Discovery 6.39%
- Fidelity Advisor® Series Equity Gr 6.24%
- Fidelity® Series Stk Selec Lg Cp Val 6.22%
- Fidelity® Series Opportunistic Insights 5.79%
- Fidelity Advisor® Series Growth Opps 4.37%
Asset Allocation
Weighting | Return Low | Return High | FDFVX % Rank | |
---|---|---|---|---|
Stocks | 88.90% | 70.11% | 99.04% | 66.30% |
Bonds | 5.95% | 0.00% | 88.99% | 44.75% |
Cash | 4.58% | -87.34% | 10.83% | 24.86% |
Other | 0.34% | -0.08% | 15.80% | 30.39% |
Preferred Stocks | 0.18% | 0.00% | 0.32% | 25.41% |
Convertible Bonds | 0.07% | 0.00% | 0.88% | 30.94% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FDFVX % Rank | |
---|---|---|---|---|
Technology | 20.40% | 15.44% | 22.16% | 22.93% |
Financial Services | 17.12% | 11.84% | 17.61% | 4.42% |
Healthcare | 12.42% | 9.80% | 17.12% | 52.21% |
Industrials | 11.29% | 9.15% | 15.22% | 34.81% |
Consumer Cyclical | 10.83% | 9.40% | 14.14% | 95.58% |
Communication Services | 9.26% | 6.42% | 11.41% | 32.04% |
Consumer Defense | 5.75% | 4.88% | 12.22% | 89.50% |
Basic Materials | 5.17% | 2.40% | 5.55% | 8.84% |
Energy | 3.35% | 1.62% | 3.60% | 4.14% |
Utilities | 2.42% | 0.61% | 4.52% | 85.64% |
Real Estate | 1.98% | 1.82% | 9.08% | 96.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FDFVX % Rank | |
---|---|---|---|---|
US | 45.67% | 35.69% | 74.94% | 92.54% |
Non US | 43.23% | 18.20% | 53.26% | 6.91% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FDFVX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 43.68% | 0.61% | 99.39% | 32.87% |
Government | 42.78% | 0.00% | 73.00% | 12.43% |
Corporate | 11.68% | 0.09% | 70.06% | 72.10% |
Securitized | 1.34% | 0.00% | 32.24% | 83.43% |
Derivative | 0.51% | 0.00% | 30.36% | 30.39% |
Municipal | 0.01% | 0.00% | 3.84% | 70.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FDFVX % Rank | |
---|---|---|---|---|
US | 5.08% | 0.00% | 46.58% | 40.88% |
Non US | 0.87% | 0.00% | 42.41% | 41.16% |
FDFVX - Expenses
Operational Fees
FDFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.02% | 35.30% | 36.76% |
Management Fee | 0.75% | 0.00% | 0.94% | 95.60% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 73.58% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FDFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 3.50% | 5.75% | 94.44% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FDFVX 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.
FDFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 1.00% | 208.00% | 58.74% |
FDFVX - Distributions
Dividend Yield Analysis
FDFVX | Category Low | Category High | FDFVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.54% | 47.68% |
Dividend Distribution Analysis
FDFVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FDFVX | Category Low | Category High | FDFVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.35% | -0.04% | 8.75% | 69.29% |
Capital Gain Distribution Analysis
FDFVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |
FDFVX - 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 |
---|---|---|---|
0.01 | 7.95 | 2.34 | 1.08 |