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Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
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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 2030.
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| Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -14.0% | 9.1% | 75.67% |
| 1 Yr | 2.5% | -13.8% | 13.9% | 39.26% |
| 3 Yr | 0.0%* | -19.4% | 7.4% | 40.02% |
| 5 Yr | 3.1%* | -10.9% | 7.0% | 22.68% |
| 10 Yr | 3.4%* | -4.4% | 8.8% | 24.20% |
* Annualized
| Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 13.7% | -1.8% | 23.3% | 33.92% |
| 2018 | -13.2% | -26.8% | -0.6% | 56.75% |
| 2017 | 14.4% | -36.9% | 18.0% | 15.76% |
| 2016 | 3.8% | -5.2% | 8.1% | 42.00% |
| 2015 | -5.7% | -20.8% | -1.4% | 49.23% |
| Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -14.0% | 9.1% | 75.67% |
| 1 Yr | 2.5% | -13.8% | 13.9% | 39.05% |
| 3 Yr | 1.9%* | -19.4% | 7.5% | 50.06% |
| 5 Yr | 6.2%* | -10.9% | 8.6% | 23.94% |
| 10 Yr | 7.1%* | -4.4% | 8.8% | 16.49% |
* Annualized
| Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 13.7% | -1.8% | 23.3% | 33.92% |
| 2018 | -10.9% | -25.1% | 1.3% | 64.99% |
| 2017 | 19.8% | -36.9% | 22.7% | 2.03% |
| 2016 | 8.1% | -2.6% | 12.3% | 13.00% |
| 2015 | -0.1% | -20.6% | 2.6% | 3.93% |
| FFFEX | Category Low | Category High | FFFEX % Rank | |
|---|---|---|---|---|
| Net Assets | 34.5 B | 121 K | 34.5 B | 0.10% |
| Number of Holdings | 35 | 1 | 513 | 8.47% |
| Net Assets in Top 10 | 24.3 B | 0 | 24.3 B | 0.10% |
| Weighting of Top 10 | 72.77% | 0.0% | 100.0% | 72.53% |
| Weighting | Return Low | Return High | FFFEX % Rank | |
|---|---|---|---|---|
| Stocks | 65.76% | 0.00% | 79.96% | 27.35% |
| Bonds | 27.54% | -121.54% | 71.90% | 68.78% |
| Cash | 5.94% | -12.86% | 162.09% | 34.49% |
| Convertible Bonds | 0.42% | 0.00% | 5.24% | 43.67% |
| Other | 0.22% | -0.63% | 51.80% | 31.53% |
| Preferred Stocks | 0.12% | 0.00% | 34.96% | 23.37% |
| Weighting | Return Low | Return High | FFFEX % Rank | |
|---|---|---|---|---|
| Technology | 18.42% | 3.36% | 22.46% | 50.77% |
| Financial Services | 17.57% | 3.80% | 19.78% | 8.62% |
| Healthcare | 14.39% | 1.80% | 16.74% | 16.10% |
| Consumer Cyclical | 12.11% | 2.04% | 15.35% | 12.21% |
| Industrials | 9.82% | 1.74% | 14.27% | 60.10% |
| Communication Services | 8.87% | 0.38% | 12.85% | 43.49% |
| Consumer Defense | 6.14% | 1.11% | 14.55% | 94.26% |
| Basic Materials | 4.70% | 0.82% | 7.58% | 31.38% |
| Energy | 4.19% | 0.98% | 10.10% | 11.59% |
| Real Estate | 2.05% | 0.46% | 24.05% | 97.54% |
| Utilities | 1.74% | 0.00% | 5.12% | 91.59% |
| Weighting | Return Low | Return High | FFFEX % Rank | |
|---|---|---|---|---|
| Non US | 34.17% | 0.00% | 44.63% | 3.47% |
| US | 31.59% | 0.00% | 57.40% | 53.57% |
| Weighting | Return Low | Return High | FFFEX % Rank | |
|---|---|---|---|---|
| Government | 36.95% | -0.24% | 56.45% | 37.24% |
| Corporate | 27.45% | 0.00% | 98.71% | 52.76% |
| Cash & Equivalents | 17.57% | 0.06% | 162.09% | 35.31% |
| Securitized | 17.45% | 0.00% | 36.84% | 52.14% |
| Municipal | 0.54% | 0.00% | 3.18% | 25.51% |
| Derivative | 0.03% | -143.54% | 11.17% | 49.59% |
| Weighting | Return Low | Return High | FFFEX % Rank | |
|---|---|---|---|---|
| US | 24.04% | -146.95% | 67.66% | 68.27% |
| Non US | 3.50% | -37.80% | 25.41% | 60.20% |
| FFFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.69% | 0.01% | 108.96% | 39.36% |
| Management Fee | 0.68% | 0.00% | 0.93% | 95.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
| FFFEX 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 |
| FFFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
| FFFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 31.00% | 2.60% | 150.00% | 47.03% |
| FFFEX | Category Low | Category High | FFFEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.70% | 88.86% |
| FFFEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Quarterly |
| FFFEX | Category Low | Category High | FFFEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.68% | -0.22% | 5.83% | 77.20% |
| FFFEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
| Date | Amount |
|---|---|
| May 15, 2017 | $0.022 |
| May 07, 2012 | $0.035 |
| Dec 30, 2011 | $0.230 |
| May 09, 2011 | $0.028 |
| Dec 31, 2010 | $0.192 |
| May 10, 2010 | $0.030 |
| Dec 29, 2009 | $0.200 |
| May 18, 2009 | $0.040 |
| Dec 29, 2008 | $0.230 |
| May 12, 2008 | $0.040 |
| Dec 31, 2007 | $0.230 |
| May 07, 2007 | $0.040 |
| Dec 29, 2006 | $0.180 |
| May 15, 2006 | $0.030 |
| Dec 30, 2005 | $0.180 |
| May 16, 2005 | $0.005 |
| Dec 30, 2004 | $0.190 |
| May 17, 2004 | $0.030 |
| Dec 29, 2003 | $0.150 |
| May 05, 2003 | $0.040 |
| Dec 30, 2002 | $0.120 |
| May 06, 2002 | $0.030 |
| Dec 31, 2001 | $0.150 |
| May 07, 2001 | $0.050 |
| Jan 02, 2001 | $0.300 |
| Dec 23, 1999 | $0.370 |
| May 10, 1999 | $0.040 |
| Dec 31, 1998 | $0.200 |
Start Date
Tenure
Tenure Rank
Jun 30, 2011
9.18
9.2%
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.
Start Date
Tenure
Tenure Rank
Jan 21, 2014
6.61
6.6%
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.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 15.84 | 5.51 | 3.13 |
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