FFFFX: Fidelity Freedom® 2040 Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.71

-

-

$0.00

0.75%

Vitals

YTD Return

8.2%

1 yr return

30.6%

3 Yr Avg Return

14.3%

5 Yr Avg Return

14.2%

Net Assets

$30 B

Holdings in Top 10

71.8%

52 WEEK LOW AND HIGH

$12.62
$10.31
$13.13

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

$12.71

-

-

$0.00

0.75%

FFFFX - Profile

Distributions

  • YTD Total Return 8.2%
  • 3 Yr Annualized Total Return 14.3%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.95%
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 8.2% 4.6% 14.5% 89.81%
1 Yr 30.6% 17.8% 31.1% 1.35%
3 Yr 14.3%* 8.5% 15.0% 15.64%
5 Yr 14.2%* 9.8% 14.5% 7.26%
10 Yr 11.5%* 8.7% 12.8% 30.65%

* Annualized

Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2020 11.0% 1.3% 14.9% 46.57%
2019 17.0% 4.1% 22.6% 55.00%
2018 -15.4% -23.1% -6.9% 56.50%
2017 16.9% -15.1% 18.8% 27.88%
2016 4.1% -0.2% 8.2% 51.75%

Total Return Ranking - Trailing

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.2% 4.6% 14.5% 89.81%
1 Yr 30.6% 12.1% 31.1% 1.37%
3 Yr 14.3%* 6.5% 15.0% 14.90%
5 Yr 14.2%* 8.5% 14.5% 7.34%
10 Yr 11.5%* 8.7% 12.8% 31.15%

* Annualized

Total Return Ranking - Calendar

Period FFFFX Return Category Return Low Category Return High Rank in Category (%)
2020 11.0% 1.3% 14.9% 46.57%
2019 17.0% 4.1% 22.6% 55.00%
2018 -13.1% -23.1% -5.5% 58.19%
2017 22.3% -15.1% 26.3% 1.21%
2016 8.6% -0.1% 10.6% 16.78%

NAV & Total Return History


FFFFX - Holdings

Concentration Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Assets 30 B 255 K 50.3 B 1.75%
Number of Holdings 38 4 541 4.41%
Net Assets in Top 10 21.1 B 159 K 49.7 B 1.76%
Weighting of Top 10 71.77% 38.3% 100.0% 79.23%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 12.52%
  2. Fidelity® Series Intrinsic Opps 8.01%
  3. Fidelity® Series Growth Company 7.91%
  4. Fidelity® Series Overseas 7.22%
  5. Fidelity® Series International Growth 7.16%
  6. Fidelity® Series Large Cap Stock 7.07%
  7. Fidelity® Series International Value 7.02%
  8. Fidelity® Series Stk Selec Lg Cp Val 6.06%
  9. Fidelity® Series Value Discovery 4.65%
  10. Fidelity® Series Opportunistic Insights 4.15%

Asset Allocation

Weighting Return Low Return High FFFFX % Rank
Stocks
88.14% 61.84% 91.30% 12.78%
Bonds
6.96% 3.05% 67.22% 94.71%
Cash
4.09% -66.35% 26.07% 31.72%
Other
0.58% -4.29% 7.75% 22.47%
Preferred Stocks
0.14% 0.00% 0.38% 26.87%
Convertible Bonds
0.08% 0.00% 1.03% 83.26%

Stock Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Technology
18.32% 14.96% 23.65% 76.65%
Financial Services
17.97% 13.08% 18.32% 4.85%
Healthcare
12.38% 9.74% 14.76% 53.30%
Industrials
12.08% 9.44% 14.83% 11.45%
Consumer Cyclical
11.95% 9.06% 15.06% 50.66%
Communication Services
8.61% 6.98% 11.22% 55.95%
Basic Materials
5.46% 3.10% 5.68% 6.61%
Consumer Defense
5.25% 4.28% 10.91% 91.63%
Energy
4.15% 1.76% 4.18% 3.96%
Utilities
1.96% 0.40% 6.26% 95.15%
Real Estate
1.86% 1.82% 9.63% 99.12%

Stock Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
US
44.32% 28.78% 66.66% 92.51%
Non US
43.82% 17.09% 43.82% 0.88%

Bond Sector Breakdown

Weighting Return Low Return High FFFFX % Rank
Government
45.46% 10.32% 63.81% 18.50%
Cash & Equivalents
42.18% 0.66% 51.28% 3.08%
Corporate
9.94% 1.00% 58.55% 92.95%
Derivative
1.56% 0.00% 32.14% 33.04%
Securitized
0.86% 0.00% 30.82% 99.12%
Municipal
0.00% 0.00% 25.48% 89.43%

Bond Geographic Breakdown

Weighting Return Low Return High FFFFX % Rank
US
6.01% 2.06% 51.28% 93.39%
Non US
0.95% -27.70% 15.94% 82.82%

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% 37.28%
Management Fee 0.75% 0.00% 0.88% 96.90%
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 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.

FFFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 2.00% 112.00% 22.90%

FFFFX - Distributions

Dividend Yield Analysis

FFFFX Category Low Category High FFFFX % Rank
Dividend Yield 0.00% 0.00% 0.14% 43.23%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFFFX Category Low Category High FFFFX % Rank
Net Income Ratio 0.95% -0.14% 6.53% 82.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FFFFX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.18

10.2%

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.

Brett Sumsion


Start Date

Tenure

Tenure Rank

Jan 21, 2014

7.61

7.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 16.84 5.17 1.67