Fidelity Freedom Blend 2050 Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.2%
1 yr return
20.2%
3 Yr Avg Return
3.7%
5 Yr Avg Return
N/A
Net Assets
$1.66 B
Holdings in Top 10
82.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFBWX - Profile
Distributions
- YTD Total Return 6.2%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.87%
- Dividend Yield 3.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2050 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateApr 20, 2021
-
Shares OutstandingN/A
-
Share ClassPremier
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFBWX - Performance
Return Ranking - Trailing
Period | FFBWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | 1.7% | 13.0% | 30.21% |
1 Yr | 20.2% | 10.3% | 23.6% | 29.17% |
3 Yr | 3.7%* | -1.8% | 5.7% | 39.36% |
5 Yr | N/A* | 5.3% | 10.2% | N/A |
10 Yr | N/A* | 4.9% | 9.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | FFBWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.4% | 10.2% | 21.3% | 12.50% |
2022 | -23.6% | -67.5% | -15.9% | 41.67% |
2021 | N/A | -7.8% | 20.4% | N/A |
2020 | N/A | 4.0% | 15.5% | N/A |
2019 | N/A | 7.4% | 23.2% | N/A |
Total Return Ranking - Trailing
Period | FFBWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | 1.7% | 13.0% | 30.21% |
1 Yr | 20.2% | 10.3% | 23.6% | 29.17% |
3 Yr | 3.7%* | -1.8% | 5.7% | 39.36% |
5 Yr | N/A* | 5.3% | 10.2% | N/A |
10 Yr | N/A* | 4.9% | 9.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FFBWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.8% | 13.0% | 37.6% | 35.94% |
2022 | -18.9% | -29.3% | -2.1% | 69.27% |
2021 | N/A | 8.7% | 22.0% | N/A |
2020 | N/A | 7.1% | 23.1% | N/A |
2019 | N/A | 20.2% | 41.5% | N/A |
NAV & Total Return History
FFBWX - Holdings
Concentration Analysis
FFBWX | Category Low | Category High | FFBWX % Rank | |
---|---|---|---|---|
Net Assets | 1.66 B | 2.6 M | 66.8 B | 34.20% |
Number of Holdings | 46 | 3 | 583 | 3.11% |
Net Assets in Top 10 | 1.37 B | 2.71 M | 63.3 B | 31.09% |
Weighting of Top 10 | 82.95% | 41.3% | 100.5% | 58.29% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.86%
- Fidelity Series Blue Chip Growth Fund 11.53%
- Fidelity Series Emerging Markets Opportunities Fund 10.88%
- Fidelity Series Large Cap Stock Fund 7.71%
- Fidelity Series Large Cap Growth Index Fund 7.22%
- Fidelity Series International Growth Fund 7.03%
- Fidelity Series Overseas Fund 6.99%
- Fidelity Series International Value Fund 6.91%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.04%
Asset Allocation
Weighting | Return Low | Return High | FFBWX % Rank | |
---|---|---|---|---|
Stocks | 99.62% | 0.00% | 100.08% | 48.19% |
Cash | 0.21% | 0.00% | 10.14% | 42.49% |
Bonds | 0.17% | 0.00% | 18.30% | 24.87% |
Other | 0.11% | -0.01% | 3.68% | 20.73% |
Convertible Bonds | 0.05% | 0.00% | 0.93% | 63.73% |
Preferred Stocks | 0.00% | 0.00% | 0.15% | 41.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFBWX % Rank | |
---|---|---|---|---|
Technology | 18.70% | 14.07% | 24.11% | 50.78% |
Financial Services | 18.04% | 12.80% | 18.83% | 5.70% |
Industrials | 11.66% | 9.14% | 12.45% | 18.65% |
Consumer Cyclical | 11.43% | 8.06% | 13.35% | 36.27% |
Healthcare | 11.16% | 10.42% | 14.66% | 90.67% |
Communication Services | 7.34% | 5.69% | 10.23% | 43.01% |
Basic Materials | 6.11% | 3.22% | 6.86% | 8.29% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 83.42% |
Energy | 5.51% | 2.33% | 6.54% | 6.74% |
Utilities | 2.32% | 1.90% | 8.12% | 84.97% |
Real Estate | 2.18% | 1.86% | 10.17% | 82.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFBWX % Rank | |
---|---|---|---|---|
US | 99.62% | 0.00% | 100.08% | 48.19% |
Non US | 0.00% | 0.00% | 40.26% | 48.19% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFBWX % Rank | |
---|---|---|---|---|
Government | 54.14% | 4.51% | 74.03% | 7.77% |
Corporate | 11.07% | 0.99% | 40.61% | 64.25% |
Securitized | 2.45% | 0.00% | 32.00% | 81.35% |
Cash & Equivalents | 0.21% | 0.00% | 47.58% | 40.93% |
Derivative | 0.11% | -0.01% | 18.88% | 12.44% |
Municipal | 0.01% | 0.00% | 3.03% | 75.65% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFBWX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 16.40% | 24.87% |
Non US | 0.00% | 0.00% | 2.00% | 44.56% |
FFBWX - Expenses
Operational Fees
FFBWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.06% | 20.17% | 91.67% |
Management Fee | 0.25% | 0.00% | 0.91% | 62.11% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FFBWX 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
FFBWX 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.
FFBWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.00% | 1.00% | 110.00% | 47.16% |
FFBWX - Distributions
Dividend Yield Analysis
FFBWX | Category Low | Category High | FFBWX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.33% | 0.00% | 5.48% | 46.11% |
Dividend Distribution Analysis
FFBWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FFBWX | Category Low | Category High | FFBWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.87% | -0.36% | 4.43% | 1.06% |
Capital Gain Distribution Analysis
FFBWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.215 | OrdinaryDividend |
May 15, 2023 | $0.010 | OrdinaryDividend |
Dec 30, 2022 | $0.283 | OrdinaryDividend |
FFBWX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
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
Aug 31, 2018
3.75
3.8%
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 | 17.09 | 5.73 | 2.41 |