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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.44

$29.8 B

4.84%

$0.55

0.75%

Vitals

YTD Return

-6.1%

1 yr return

16.5%

3 Yr Avg Return

19.9%

5 Yr Avg Return

13.9%

Net Assets

$29.8 B

Holdings in Top 10

72.2%

52 WEEK LOW AND HIGH

$11.5
$11.44
$13.33

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2040


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.44

$29.8 B

4.84%

$0.55

0.75%

FFFFX - Profile

Distributions

  • YTD Total Return -6.1%
  • 3 Yr Annualized Total Return 19.9%
  • 5 Yr Annualized Total Return 13.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.95%
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2040 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Sep 06, 2000
  • 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 ® 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 2040.


FFFFX - Performance

Return Ranking - Trailing

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -7.9% -2.8% 20.09%
1 Yr 16.5% 8.9% 19.9% 23.18%
3 Yr 19.9%* 13.2% 20.3% 7.18%
5 Yr 13.9%* 9.3% 14.7% 9.29%
10 Yr 11.8%* 9.0% 13.1% 27.27%

* Annualized

Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -6.3% 17.5% 69.95%
2020 11.0% 3.3% 14.9% 47.26%
2019 17.0% 4.1% 22.6% 55.84%
2018 -15.4% -23.1% -6.9% 57.47%
2017 16.9% -15.1% 18.8% 28.40%

Total Return Ranking - Trailing

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -7.9% -2.8% 20.09%
1 Yr 16.5% 4.8% 19.9% 20.74%
3 Yr 19.9%* 11.0% 20.3% 7.28%
5 Yr 13.9%* 8.1% 14.7% 8.84%
10 Yr 11.8%* 9.0% 13.1% 26.92%

* Annualized

Total Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -6.3% 17.5% 69.95%
2020 11.0% 3.3% 14.9% 47.26%
2019 17.0% 4.1% 22.6% 55.84%
2018 -13.1% -23.1% -5.5% 58.62%
2017 22.3% -15.1% 26.3% 1.23%

NAV & Total Return History


FFFFX - Holdings

Concentration Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Assets 29.8 B 101 K 51.2 B 6.58%
Number of Holdings 42 4 547 0.88%
Net Assets in Top 10 20.9 B 267 K 50.7 B 7.05%
Weighting of Top 10 72.19% 38.6% 100.0% 79.25%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 12.66%
  2. Fidelity® Series Growth Company 8.31%
  3. Fidelity® Series Intrinsic Opps 7.97%
  4. Fidelity® Series International Growth 7.26%
  5. Fidelity® Series Overseas 7.26%
  6. Fidelity® Series International Value 7.15%
  7. Fidelity® Series Large Cap Stock 6.95%
  8. Fidelity® Series Stk Selec Lg Cp Val 5.88%
  9. Fidelity® Series Value Discovery 4.53%
  10. Fidelity® Series Opportunistic Insights 4.21%

Asset Allocation

Weighting Return Low Return High FFFFX % Rank
Stocks
88.00% 4.23% 89.53% 10.13%
Bonds
6.93% -33.18% 66.81% 96.48%
Cash
4.26% -1.42% 58.50% 28.63%
Other
0.63% -0.54% 13.35% 25.55%
Preferred Stocks
0.14% 0.00% 0.37% 22.03%
Convertible Bonds
0.05% 0.00% 0.81% 83.70%

Stock Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Technology
18.55% 0.02% 25.53% 84.14%
Financial Services
18.33% 0.00% 18.47% 3.08%
Consumer Cyclical
12.06% 0.00% 13.48% 54.19%
Healthcare
12.01% 0.00% 14.47% 60.35%
Industrials
11.91% 0.00% 12.42% 13.22%
Communication Services
8.12% 0.81% 11.48% 53.74%
Basic Materials
5.35% 0.00% 5.43% 3.08%
Energy
4.97% 0.00% 4.97% 0.44%
Consumer Defense
4.90% 0.00% 10.24% 90.75%
Real Estate
1.93% 1.76% 99.17% 98.68%
Utilities
1.87% 0.00% 6.81% 96.04%

Stock Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
US
44.35% 4.23% 66.74% 91.63%
Non US
43.65% 0.00% 43.65% 0.44%

Bond Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Government
50.04% 11.59% 60.97% 11.89%
Cash & Equivalents
39.28% 2.44% 54.87% 5.29%
Corporate
9.31% 2.38% 57.67% 96.92%
Securitized
0.81% 0.00% 30.24% 98.68%
Derivative
0.56% 0.00% 20.21% 42.29%
Municipal
0.00% 0.00% 25.02% 87.22%

Bond Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
US
6.12% -34.30% 46.84% 92.95%
Non US
0.81% 0.10% 19.97% 93.39%

FFFFX - Expenses

Operational Fees

FFFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.06% 1.84% 37.00%
Management Fee 0.75% 0.00% 0.86% 96.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FFFFX 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

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

FFFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 2.00% 112.00% 41.90%

FFFFX - Distributions

Dividend Yield Analysis

FFFFX Category Low Category High FFFFX % Rank
Dividend Yield 4.84% 0.00% 0.00% 3.95%

Dividend Distribution Analysis

FFFFX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Income Ratio 0.95% -0.21% 5.03% 67.27%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FFFFX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.51

10.5%

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

7.95

8.0%

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
0.07 17.18 5.43 2.0