Fidelity Freedom® 2020
- FFFDX
- Price as of: Feb 25, 2021
-
$17.71
N/A N/A
- Primary Theme
- Target-Date 2020
- Fund Company
- Fidelity Investments
- Share Class
FFFDX - Snapshot
Vitals
- YTD Return 1.7%
- 3 Yr Annualized Return 7.2%
- 5 Yr Annualized Return 10.4%
- Net Assets $26.3 B
- Holdings in Top 10 74.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.60%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 23.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $2,500
Fund Classification
-
Primary Theme
Target-Date 2020
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2020
FFFDX - Profile
Distributions
- YTD Total Return 1.7%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.76%
- Dividend Yield 0.0%
- 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 ® 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 2020.
FFFDX - Performance
Return Ranking - Trailing
Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -2.8% | 3.1% | 7.39% |
1 Yr | 14.4% | -6.7% | 14.5% | 1.75% |
3 Yr | 7.2%* | 0.2% | 8.1% | 15.92% |
5 Yr | 10.4%* | 4.2% | 10.7% | 5.22% |
10 Yr | 7.4%* | 4.3% | 8.3% | 35.00% |
* 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% | 64.20% |
2018 | -11.5% | -16.8% | -5.1% | 61.70% |
2017 | 10.5% | -13.1% | 12.5% | 13.28% |
2016 | 3.2% | -1.8% | 6.3% | 51.40% |
Total Return Ranking - Trailing
Period | FFFDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -2.8% | 3.1% | 7.39% |
1 Yr | 14.4% | -6.7% | 14.5% | 1.76% |
3 Yr | 7.2%* | 0.2% | 8.1% | 15.29% |
5 Yr | 10.4%* | 4.2% | 10.7% | 5.22% |
10 Yr | 7.4%* | 4.3% | 8.3% | 34.00% |
* 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% | 64.20% |
2018 | -9.3% | -16.8% | -2.7% | 65.96% |
2017 | 15.7% | -13.1% | 15.7% | 0.78% |
2016 | 7.2% | -1.0% | 9.0% | 10.28% |
NAV & Total Return History
FFFDX - Holdings
Concentration Analysis
FFFDX | Category Low | Category High | FFFDX % Rank | |
---|---|---|---|---|
Net Assets | 26.3 B | 137 K | 32.7 B | 2.81% |
Number of Holdings | 35 | 5 | 531 | 13.48% |
Net Assets in Top 10 | 19.5 B | 90.4 K | 32.6 B | 2.81% |
Weighting of Top 10 | 74.03% | 45.5% | 100.0% | 60.67% |
Top 10 Holdings
- Fidelity® Series Investment Grade Bond 25.41%
- Fidelity® Series Emerging Markets Opps 10.30%
- Fidelity® Series Government Money Mkt 7.24%
- Fidelity® Series Infl-Prtct Bd Idx 6.97%
- Fidelity® Series Intrinsic Opps 4.28%
- Fidelity® Series Growth Company 4.23%
- Fidelity® Series International Growth 3.97%
- Fidelity® Series Overseas 3.97%
- Fidelity® Series International Value 3.97%
- Fidelity® Series Large Cap Stock 3.69%
Asset Allocation
Weighting | Return Low | Return High | FFFDX % Rank | |
---|---|---|---|---|
Stocks | 50.69% | 22.69% | 60.75% | 24.72% |
Bonds | 37.18% | 11.69% | 74.31% | 93.82% |
Cash | 11.22% | -12.74% | 15.22% | 12.92% |
Convertible Bonds | 0.56% | 0.00% | 2.17% | 59.55% |
Other | 0.21% | -0.49% | 23.53% | 33.71% |
Preferred Stocks | 0.13% | 0.00% | 1.96% | 34.27% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFDX % Rank | |
---|---|---|---|---|
Technology | 18.91% | 11.50% | 21.98% | 45.51% |
Financial Services | 17.39% | 10.58% | 17.95% | 2.81% |
Consumer Cyclical | 13.18% | 7.21% | 13.82% | 11.80% |
Healthcare | 12.27% | 10.11% | 15.33% | 58.43% |
Industrials | 10.55% | 8.50% | 14.91% | 55.06% |
Communication Services | 8.59% | 5.60% | 9.60% | 48.31% |
Consumer Defense | 5.85% | 5.21% | 12.14% | 87.08% |
Basic Materials | 5.32% | 2.95% | 5.74% | 15.17% |
Energy | 3.65% | 1.62% | 5.02% | 18.54% |
Utilities | 2.39% | 0.61% | 5.92% | 85.96% |
Real Estate | 1.91% | 1.83% | 18.84% | 99.44% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFDX % Rank | |
---|---|---|---|---|
Non US | 27.55% | 4.76% | 27.55% | 1.69% |
US | 23.14% | 10.59% | 44.34% | 69.66% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFDX % Rank | |
---|---|---|---|---|
Government | 36.53% | 10.85% | 99.30% | 46.63% |
Cash & Equivalents | 24.24% | 0.69% | 40.24% | 3.37% |
Corporate | 22.49% | 0.00% | 56.38% | 79.21% |
Securitized | 16.16% | 0.00% | 29.04% | 74.72% |
Municipal | 0.47% | 0.00% | 6.30% | 31.46% |
Derivative | 0.11% | 0.00% | 20.80% | 41.01% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFDX % Rank | |
---|---|---|---|---|
US | 32.45% | 9.27% | 74.31% | 93.26% |
Non US | 4.73% | 0.00% | 30.86% | 68.54% |
FFFDX - Expenses
Operational Fees
FFFDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.01% | 13.33% | 44.23% |
Management Fee | 0.59% | 0.00% | 0.78% | 95.48% |
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 | 23.00% | 10.33% | 137.00% | 29.45% |
FFFDX - Distributions
Dividend Yield Analysis
FFFDX | Category Low | Category High | FFFDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.00% | 51.69% |
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 | 1.76% | 0.44% | 3.69% | 71.60% |
Capital Gain Distribution Analysis
FFFDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | 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
9.6
9.6%
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
Jan 21, 2014
7.03
7.0%
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 | 15.35 | 5.06 | 1.08 |