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FFFCX Fidelity Freedom® 2010

  • Fund
  • FFFCX
  • Price as of: Jul 12, 2019
  • $15.53 + $0.03 + 0.19%
  • Category
  • Target Retirement Date

FFFCX - Profile

Vitals

  • YTD Return 7.4%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return -0.2%
  • Net Assets $5.81 B
  • Holdings in Top 10 71.1%

52 WEEK LOW AND HIGH

$15.53
$14.42
$15.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2000-2010

Distributions

  • YTD Total Return 7.4%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity Freedom® 2010 Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 17, 1996
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew Dierdorf

Fund Description

The fund invests in a combination of Fidelity ® domestic equity funds, international equity funds, bond funds, and short-term funds. It allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom ® Income Fund, approximately 10 to 19 years after the year 2010.

FFFCX - Performance

Return Ranking - Trailing

Period FFFCX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -4.1% 16.7% 92.50%
1 Yr -1.8% -17.8% 4.4% 20.67%
3 Yr 1.0%* -18.7% 8.8% 63.39%
5 Yr -0.2%* -12.4% 7.7% 44.32%
10 Yr 3.3%* -6.0% 8.7% 64.88%

* Annualized


Return Ranking - Calendar

Period FFFCX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.0% -25.1% 0.0% 21.39%
2017 7.2% -36.9% 20.0% 76.13%
2016 2.7% -5.2% 8.1% 66.86%
2015 -5.3% -25.3% -0.8% 45.96%
2014 0.5% -49.7% 34.8% 54.05%

Total Return Ranking - Trailing

Period FFFCX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -3.9% 16.7% 92.64%
1 Yr -1.8% -17.8% 6.9% 51.80%
3 Yr 4.2%* -18.7% 11.5% 67.14%
5 Yr 3.6%* -12.4% 8.1% 55.89%
10 Yr 6.9%* -4.2% 12.1% 59.09%

* Annualized


Total Return Ranking - Calendar

Period FFFCX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.8% -25.1% 0.0% 34.49%
2017 12.5% -36.9% 26.6% 69.05%
2016 6.4% -4.7% 12.3% 53.90%
2015 -0.2% -25.3% 3.9% 9.21%
2014 4.9% -47.6% 39.2% 42.79%

NAV & Total Return History

FFFCX - Holdings

Concentration Analysis

FFFCX Category Low Category High FFFCX % Rank
Net Assets 5.81 B 1.29 M 42.8 B 10.11%
Number of Holdings 35 2 138 11.24%
Net Assets in Top 10 4.04 B 1.09 M 42.7 B 11.95%
Weighting of Top 10 71.09% 17.8% 111.1% 74.40%

Top 10 Holdings

  1. Fidelity® Series Investment Grade Bond 31.65%

  2. Fidelity® Series Infl-Prtct Bd Idx 9.48%

  3. Fidelity® Series Long-Term Trs Bd Idx 5.13%

  4. Fidelity® Series Emerging Markets Opps 4.98%

  5. Fidelity® Series International Growth 3.99%

  6. Fidelity® Series International Value 3.79%

  7. Fidelity® Series Intrinsic Opps 3.49%

  8. Fidelity® Series Large Cap Stock 2.94%

  9. Fidelity® Series Short-Term Credit 2.91%

  10. Fidelity® Series Growth Company 2.74%


Asset Allocation

Weighting Return Low Return High FFFCX % Rank
Bonds
49.96% 0.03% 137.62% 21.36%
Stocks
32.35% 0.08% 97.49% 92.15%
Cash
17.28% -100.79% 30.94% 3.96%
Preferred Stocks
0.29% 0.00% 7.14% 16.34%
Convertible Bonds
0.15% 0.00% 3.23% 37.41%
Other
-0.03% -0.46% 74.41% 97.52%

Stock Sector Breakdown

Weighting Return Low Return High FFFCX % Rank
Financial Services
7.01% 1.51% 18.80% 76.93%
Technology
6.41% 0.91% 20.66% 83.01%
Consumer Cyclical
3.97% 0.85% 12.79% 88.04%
Healthcare
3.70% 0.62% 13.46% 89.10%
Industrials
3.28% 0.75% 13.93% 91.37%
Energy
2.14% 0.36% 6.45% 79.41%
Consumer Defense
2.11% 0.74% 17.35% 93.63%
Basic Materials
1.42% 0.20% 5.40% 91.30%
Real Estate
0.80% 0.25% 18.90% 93.49%
Communication Services
0.77% 0.30% 4.78% 92.92%
Utilities
0.63% 0.03% 5.43% 93.35%

Stock Geographic Breakdown

Weighting Return Low Return High FFFCX % Rank
US
16.66% 0.07% 66.19% 93.35%
Non US
15.69% 0.00% 46.35% 75.74%

Bond Sector Breakdown

Weighting Return Low Return High FFFCX % Rank
Government
24.97% 0.00% 137.62% 13.93%
Cash & Equivalents
17.52% -120.10% 30.94% 4.31%
Corporate
14.45% 0.00% 54.72% 27.23%
Securitized
10.83% 0.00% 60.24% 22.91%
Municipal
0.35% 0.00% 3.09% 7.71%
Derivative
-0.46% -2.76% 15.93% 94.84%

Bond Geographic Breakdown

Weighting Return Low Return High FFFCX % Rank
US
45.55% 0.03% 137.62% 17.89%
Non US
4.41% 0.00% 22.80% 35.64%

FFFCX - Expenses

Operational Fees

FFFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.00% 6.01% 57.18%
Management Fee 0.52% 0.00% 0.95% 92.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

FFFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FFFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Turnover 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.

FFFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 106.00% 40.10%

FFFCX - Distributions

Dividend Yield Analysis

FFFCX Category Low Category High FFFCX % Rank
Dividend Yield 0.00% 0.00% 0.05% 99.01%

Dividend Distribution Analysis

FFFCX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FFFCX Category Low Category High FFFCX % Rank
Net Income Ratio 1.90% -0.99% 35.20% 38.64%

Capital Gain Distribution Analysis

FFFCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FFFCX - Managers

Andrew Dierdorf

Manager

Start Date

Tenure

Tenure Rank

Jun 30, 2011

8.01

8.0%

Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Mr. Dierdorf is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Dierdorf joined Fidelity in 2004 and has been in the industry since 1993. Mr. Dierdorf earned his bachelor of science degree from the University of Delaware. He is a CFA charterholder, a Fellow of the Society of Actuaries, Chartered Market Technician, and Member of the American Academy of Actuaries.


Brett F. Sumsion

Manager

Start Date

Tenure

Tenure Rank

Jan 21, 2014

5.44

5.4%

Brett Sumsion is a portfolio manager in the Global Asset Allocation (GAA) group at Fidelity Investments. In this role, he is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Income Replacement Funds, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Sumsion joined Fidelity in 2014 and has been in the investments industry since 2001. 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

2.75

Category High

12.42

Category Average

8.6

Category Mode

7.5