FFFGX: Fidelity Freedom® 2045 Fund - MutualFunds.com
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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.56

-

-

$0.14

0.75%

Vitals

YTD Return

8.3%

1 yr return

30.7%

3 Yr Avg Return

14.3%

5 Yr Avg Return

14.2%

Net Assets

$19.8 B

Holdings in Top 10

71.8%

52 WEEK LOW AND HIGH

$14.45
$11.73
$15.02

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2045


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.56

-

-

$0.14

0.75%

FFFGX - Profile

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 14.3%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2045 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 01, 2006
  • 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 2045.


FFFGX - Performance

Return Ranking - Trailing

Period FFFGX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% 2.6% 15.5% 90.83%
1 Yr 30.7% 20.8% 31.0% 2.55%
3 Yr 14.3%* 9.9% 15.4% 20.54%
5 Yr 14.2%* 10.8% 14.8% 11.64%
10 Yr 11.5%* 9.1% 13.0% 32.80%

* Annualized

Return Ranking - Calendar

Period FFFGX Return Category Return Low Category Return High Rank in Category (%)
2020 11.7% 1.6% 15.5% 41.47%
2019 17.2% 5.3% 23.0% 66.67%
2018 -15.3% -27.7% -6.9% 57.23%
2017 17.3% -18.3% 20.0% 32.10%
2016 4.0% -4.8% 7.7% 58.04%

Total Return Ranking - Trailing

Period FFFGX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% 2.6% 15.5% 90.83%
1 Yr 30.7% 15.0% 31.0% 2.76%
3 Yr 14.3%* 7.8% 15.4% 19.90%
5 Yr 14.2%* 9.7% 14.8% 12.00%
10 Yr 11.5%* 9.1% 13.0% 33.33%

* Annualized

Total Return Ranking - Calendar

Period FFFGX Return Category Return Low Category Return High Rank in Category (%)
2020 11.7% 1.6% 15.5% 41.47%
2019 17.2% 5.3% 23.0% 66.67%
2018 -13.0% -23.9% -5.5% 63.01%
2017 22.2% -18.3% 26.2% 3.70%
2016 8.5% -2.6% 12.3% 20.28%

NAV & Total Return History


FFFGX - Holdings

Concentration Analysis

FFFGX Category Low Category High FFFGX % Rank
Net Assets 19.8 B 433 K 43.8 B 7.02%
Number of Holdings 38 2 534 1.25%
Net Assets in Top 10 13.9 B 197 K 43.2 B 7.08%
Weighting of Top 10 71.77% 38.3% 100.0% 94.71%

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 FFFGX % Rank
Stocks
88.14% 64.89% 101.68% 43.75%
Bonds
6.95% 0.09% 70.15% 60.42%
Cash
4.11% -79.67% 27.69% 24.58%
Other
0.58% -4.76% 20.82% 25.00%
Preferred Stocks
0.14% 0.00% 0.38% 26.25%
Convertible Bonds
0.07% 0.00% 1.43% 60.42%

Stock Sector Breakdown

Weighting Return Low Return High FFFGX % Rank
Technology
18.32% 14.96% 23.61% 77.50%
Financial Services
17.97% 12.91% 18.39% 4.58%
Healthcare
12.38% 9.78% 14.89% 48.75%
Industrials
12.08% 9.55% 14.78% 15.83%
Consumer Cyclical
11.95% 9.09% 15.07% 52.08%
Communication Services
8.61% 7.00% 11.20% 57.92%
Basic Materials
5.46% 3.18% 5.69% 5.42%
Consumer Defense
5.25% 4.26% 10.93% 92.08%
Energy
4.15% 1.75% 4.15% 0.83%
Utilities
1.96% 0.40% 6.27% 95.00%
Real Estate
1.86% 1.78% 9.61% 99.17%

Stock Geographic Breakdown

Weighting Return Low Return High FFFGX % Rank
US
44.32% 30.69% 68.78% 93.33%
Non US
43.82% 18.25% 46.42% 2.92%

Bond Sector Breakdown

Weighting Return Low Return High FFFGX % Rank
Government
45.51% 0.09% 70.42% 18.75%
Cash & Equivalents
42.23% 0.91% 70.45% 20.42%
Corporate
9.84% 0.97% 65.02% 89.17%
Derivative
1.57% 0.00% 33.66% 29.17%
Securitized
0.86% 0.00% 29.46% 94.58%
Municipal
0.00% 0.00% 31.31% 90.00%

Bond Geographic Breakdown

Weighting Return Low Return High FFFGX % Rank
US
6.01% -0.23% 52.17% 61.25%
Non US
0.94% -29.37% 17.98% 62.92%

FFFGX - Expenses

Operational Fees

FFFGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.06% 1.87% 34.44%
Management Fee 0.75% 0.00% 0.90% 95.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FFFGX 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

FFFGX 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.

FFFGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.40% 115.00% 32.59%

FFFGX - Distributions

Dividend Yield Analysis

FFFGX Category Low Category High FFFGX % Rank
Dividend Yield 0.00% 0.00% 0.14% 46.69%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFFGX Category Low Category High FFFGX % Rank
Net Income Ratio 0.96% -0.25% 6.89% 79.02%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FFFGX - 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 4.98 1.67