Fidelity Freedom® 2020
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
16.5%
3 Yr Avg Return
9.8%
5 Yr Avg Return
9.4%
Net Assets
$24.6 B
Holdings in Top 10
73.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Target-Date 2020
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FFFDX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 9.8%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.07%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® 2020 Fund
-
Fund Family NameFidelity Investments
-
Inception DateOct 17, 1996
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Dierdorf
Fund Description
The fund invests in a combination of Fidelity ® U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser 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 2020.
FFFDX - Performance
Return Ranking - Trailing
| Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.2% | -56.7% | 10.6% | 86.63% |
| 1 Yr | 16.5% | 7.2% | 18.0% | 9.20% |
| 3 Yr | 9.8%* | 2.3% | 10.6% | 13.10% |
| 5 Yr | 9.4%* | 3.7% | 9.9% | 7.41% |
| 10 Yr | 8.9%* | 5.2% | 10.2% | 42.27% |
* Annualized
Return Ranking - Calendar
| Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.9% | -12.1% | 12.6% | 50.30% |
| 2019 | 10.5% | -0.2% | 15.6% | 65.00% |
| 2018 | -11.5% | -16.8% | -5.1% | 63.31% |
| 2017 | 10.5% | -13.1% | 12.5% | 13.49% |
| 2016 | 3.2% | -1.8% | 6.3% | 51.43% |
Total Return Ranking - Trailing
| Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.2% | -56.7% | 10.6% | 86.63% |
| 1 Yr | 16.5% | 3.3% | 18.0% | 8.67% |
| 3 Yr | 9.8%* | 2.3% | 10.6% | 13.17% |
| 5 Yr | 9.4%* | 3.7% | 9.9% | 7.41% |
| 10 Yr | 8.9%* | 5.2% | 10.2% | 40.21% |
* Annualized
Total Return Ranking - Calendar
| Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.9% | -12.1% | 12.6% | 50.30% |
| 2019 | 10.5% | -0.2% | 15.6% | 65.00% |
| 2018 | -9.3% | -16.8% | -2.7% | 67.63% |
| 2017 | 15.7% | -13.1% | 15.7% | 0.79% |
| 2016 | 7.2% | -1.0% | 9.0% | 10.48% |
NAV & Total Return History
FFFDX - Holdings
Concentration Analysis
| FFFDX | Category Low | Category High | FFFDX % Rank | |
|---|---|---|---|---|
| Net Assets | 24.6 B | 159 K | 32.4 B | 2.76% |
| Number of Holdings | 36 | 6 | 630 | 12.71% |
| Net Assets in Top 10 | 18.6 B | 100 K | 32.8 B | 2.76% |
| Weighting of Top 10 | 73.39% | 46.1% | 100.0% | 56.35% |
Top 10 Holdings
- Fidelity® Series Investment Grade Bond 25.90%
- Fidelity® Series Emerging Markets Opps 8.86%
- Fidelity® Series Infl-Prtct Bd Idx 7.13%
- Fidelity® Series Government Money Mkt 6.78%
- Fidelity® Series Overseas 4.31%
- Fidelity® Series International Growth 4.30%
- Fidelity® Series International Value 4.26%
- Fidelity® Series Growth Company 4.14%
- Fidelity® Series Intrinsic Opps 4.12%
- Fidelity® Series Large Cap Stock 3.59%
Asset Allocation
| Weighting | Return Low | Return High | FFFDX % Rank | |
|---|---|---|---|---|
| Stocks | 49.69% | 24.91% | 57.23% | 31.49% |
| Bonds | 37.92% | 13.86% | 74.45% | 96.13% |
| Cash | 11.26% | -12.75% | 13.44% | 2.21% |
| Convertible Bonds | 0.56% | 0.00% | 1.79% | 53.59% |
| Other | 0.44% | -1.98% | 24.71% | 34.25% |
| Preferred Stocks | 0.14% | 0.00% | 1.23% | 30.94% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFFDX % Rank | |
|---|---|---|---|---|
| Technology | 18.60% | 14.26% | 23.96% | 50.28% |
| Financial Services | 18.32% | 11.97% | 18.38% | 2.21% |
| Industrials | 12.11% | 9.01% | 14.68% | 17.13% |
| Healthcare | 11.90% | 10.67% | 14.49% | 69.61% |
| Consumer Cyclical | 11.77% | 7.38% | 14.79% | 39.78% |
| Communication Services | 8.56% | 5.70% | 10.67% | 48.62% |
| Basic Materials | 5.66% | 2.86% | 6.69% | 11.60% |
| Consumer Defense | 5.19% | 4.81% | 10.61% | 89.50% |
| Energy | 4.06% | 1.70% | 7.05% | 15.47% |
| Utilities | 1.93% | 0.38% | 6.68% | 96.69% |
| Real Estate | 1.90% | 1.80% | 15.58% | 99.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFFDX % Rank | |
|---|---|---|---|---|
| Non US | 26.75% | 6.31% | 26.75% | 1.66% |
| US | 22.94% | 15.08% | 42.25% | 75.14% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFFDX % Rank | |
|---|---|---|---|---|
| Government | 42.14% | 17.01% | 99.01% | 39.23% |
| Cash & Equivalents | 24.95% | 0.24% | 49.44% | 3.31% |
| Corporate | 20.17% | 0.00% | 51.07% | 79.56% |
| Securitized | 12.27% | 0.00% | 29.93% | 77.35% |
| Municipal | 0.42% | 0.00% | 16.93% | 28.73% |
| Derivative | 0.06% | 0.00% | 25.64% | 39.23% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFFDX % Rank | |
|---|---|---|---|---|
| US | 33.56% | 11.79% | 74.45% | 90.06% |
| Non US | 4.36% | 0.00% | 14.91% | 74.59% |
FFFDX - Expenses
Operational Fees
| FFFDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | 1.59% | 48.33% |
| Management Fee | 0.58% | 0.00% | 0.62% | 98.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
| FFFDX 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
| FFFDX 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.
| FFFDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 13.00% | 137.00% | 25.45% |
FFFDX - Distributions
Dividend Yield Analysis
| FFFDX | Category Low | Category High | FFFDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.07% | 0.00% | 0.00% | 99.45% |
Dividend Distribution Analysis
| FFFDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FFFDX | Category Low | Category High | FFFDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.07% | 0.03% | 4.11% | 81.92% |
Capital Gain Distribution Analysis
| FFFDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| May 15, 2017 | $0.037 |
| May 14, 2012 | $0.039 |
| Dec 30, 2011 | $0.230 |
| May 12, 2011 | $0.034 |
| Dec 31, 2010 | $0.196 |
| May 10, 2010 | $0.040 |
| Dec 29, 2009 | $0.240 |
| May 18, 2009 | $0.045 |
| Dec 29, 2008 | $0.280 |
| May 12, 2008 | $0.030 |
| Dec 31, 2007 | $0.320 |
| May 07, 2007 | $0.050 |
| Dec 29, 2006 | $0.230 |
| May 15, 2006 | $0.050 |
| Dec 30, 2005 | $0.210 |
| May 16, 2005 | $0.020 |
| Dec 30, 2004 | $0.210 |
| May 17, 2004 | $0.050 |
| Dec 29, 2003 | $0.180 |
| May 05, 2003 | $0.040 |
| Dec 30, 2002 | $0.170 |
| May 06, 2002 | $0.050 |
| Dec 31, 2001 | $0.190 |
| May 07, 2001 | $0.070 |
| Jan 02, 2001 | $0.320 |
| Nov 23, 1999 | $0.400 |
| May 10, 1999 | $0.050 |
| Dec 31, 1998 | $0.240 |
FFFDX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.26
10.3%
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
Jan 21, 2014
7.7
7.7%
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 |
|---|---|---|---|
| 0.15 | 16.01 | 5.28 | 1.75 |