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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$9.41

$26 B

0.00%

0.75%

Vitals

YTD Return

-22.7%

1 yr return

-27.2%

3 Yr Avg Return

-3.7%

5 Yr Avg Return

-2.8%

Net Assets

$26 B

Holdings in Top 10

73.1%

52 WEEK LOW AND HIGH

$9.4
$8.40
$13.07

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 29.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2040


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$9.41

$26 B

0.00%

0.75%

FFFFX - Profile

Distributions

  • YTD Total Return -22.7%
  • 3 Yr Annualized Total Return -3.7%
  • 5 Yr Annualized Total Return -1.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 -22.7% -35.8% -10.0% 92.63%
1 Yr -27.2% -35.0% -12.3% 87.50%
3 Yr -3.7%* -7.0% 4.7% 69.59%
5 Yr -2.8%* -6.2% 3.6% 61.68%
10 Yr 1.2%* -3.3% 6.3% 61.11%

* Annualized

Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -6.3% 17.5% 72.33%
2020 5.3% 1.6% 7.2% 48.45%
2019 5.4% 1.4% 7.0% 55.79%
2018 -4.1% -6.4% -1.8% 59.28%
2017 3.2% 0.0% 3.5% 29.03%

Total Return Ranking - Trailing

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.7% -35.8% -10.0% 92.63%
1 Yr -27.2% -35.0% -12.3% 87.50%
3 Yr -3.7%* -7.0% 4.7% 69.59%
5 Yr -1.7%* -5.7% 3.9% 67.07%
10 Yr 4.5%* -2.4% 7.9% 45.56%

* Annualized

Total Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -6.3% 17.5% 72.33%
2020 5.3% 1.6% 7.2% 48.45%
2019 5.4% 1.4% 7.0% 55.79%
2018 -3.4% -6.4% -1.4% 60.48%
2017 4.1% 1.0% 4.8% 1.29%

NAV & Total Return History


FFFFX - Holdings

Concentration Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Assets 26 B 88 K 68.9 B 7.24%
Number of Holdings 36 4 562 10.91%
Net Assets in Top 10 18.8 B 693 K 68.1 B 7.27%
Weighting of Top 10 73.06% 38.5% 100.0% 73.50%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 12.77%
  2. Fidelity® Series Growth Company 7.63%
  3. Fidelity® Series International Value 7.56%
  4. Fidelity® Series Overseas 7.37%
  5. Fidelity® Series International Growth 7.36%
  6. Fidelity® Series Intrinsic Opps 7.32%
  7. Fidelity® Series Large Cap Stock 7.11%
  8. Fidelity® Series Stk Selec Lg Cp Val 6.05%
  9. Fidelity® Series Long-Term Trs Bd Idx 5.25%
  10. Fidelity® Series Value Discovery 4.65%

Asset Allocation

Weighting Return Low Return High FFFFX % Rank
Stocks
87.59% 0.00% 89.49% 14.55%
Bonds
8.14% 6.42% 65.95% 95.00%
Cash
3.54% -6.89% 31.18% 42.27%
Other
0.48% -0.92% 16.90% 26.82%
Preferred Stocks
0.19% 0.00% 0.48% 15.91%
Convertible Bonds
0.07% 0.00% 0.98% 82.73%

Stock Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Financial Services
18.83% 13.11% 18.83% 1.83%
Technology
17.55% 13.94% 24.03% 83.94%
Industrials
12.06% 9.02% 12.29% 6.42%
Healthcare
11.60% 10.75% 14.53% 85.32%
Consumer Cyclical
11.31% 8.05% 13.32% 42.20%
Communication Services
6.85% 5.69% 10.24% 65.14%
Basic Materials
6.49% 3.14% 6.86% 3.67%
Energy
5.97% 2.33% 6.31% 3.67%
Consumer Defense
5.42% 4.68% 11.06% 90.83%
Utilities
2.01% 1.90% 8.13% 99.08%
Real Estate
1.90% 1.87% 10.11% 99.08%

Stock Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
Non US
44.24% 0.00% 44.24% 0.91%
US
43.35% 0.00% 68.38% 94.55%

Bond Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Government
47.31% 13.41% 62.05% 23.64%
Cash & Equivalents
37.25% 3.19% 55.75% 6.36%
Corporate
11.66% 0.49% 50.07% 88.64%
Securitized
3.40% 0.00% 36.42% 94.09%
Derivative
0.31% 0.00% 20.78% 43.64%
Municipal
0.08% 0.00% 22.13% 65.45%

Bond Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
US
7.22% 4.80% 43.04% 95.00%
Non US
0.92% 0.07% 22.91% 82.27%

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% 37.27%
Management Fee 0.75% 0.00% 0.86% 97.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.29% 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 29.00% 2.00% 112.00% 67.33%

FFFFX - Distributions

Dividend Yield Analysis

FFFFX Category Low Category High FFFFX % Rank
Dividend Yield 0.00% 0.00% 5.53% 35.75%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Income Ratio 2.09% -0.21% 10.52% 10.75%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FFFFX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.93

10.9%

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

8.36

8.4%

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 17.59 5.65 2.41