Fidelity Freedom® 2045
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.9%
1 yr return
-2.6%
3 Yr Avg Return
1.1%
5 Yr Avg Return
-1.6%
Net Assets
$17.3 B
Holdings in Top 10
73.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFFGX - Profile
Distributions
- YTD Total Return 7.9%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return -1.6%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.10%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® 2045 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 01, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Dierdorf
Fund Description
FFFGX - Performance
Return Ranking - Trailing
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | -18.7% | 7.2% | 5.05% |
1 Yr | -2.6% | -58.4% | 2.9% | 74.89% |
3 Yr | 1.1%* | -21.6% | 11.1% | 70.05% |
5 Yr | -1.6%* | -14.4% | 9.5% | 68.71% |
10 Yr | 0.8%* | -3.8% | 9.2% | 64.13% |
* Annualized
Return Ranking - Calendar
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -26.8% | -65.7% | 13.1% | 82.19% |
2021 | 1.8% | -2.4% | 8.9% | 80.29% |
2020 | 3.8% | 0.8% | 7.4% | 43.88% |
2019 | 4.1% | -22.4% | 5.3% | 65.14% |
2018 | -3.3% | -6.3% | 7.0% | 63.29% |
Total Return Ranking - Trailing
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | -18.7% | 7.2% | 5.05% |
1 Yr | -2.6% | -58.4% | 2.9% | 74.89% |
3 Yr | 1.1%* | -21.6% | 11.1% | 70.05% |
5 Yr | -1.6%* | -14.4% | 9.5% | 66.87% |
10 Yr | 3.7%* | -2.3% | 9.2% | 54.35% |
* Annualized
Total Return Ranking - Calendar
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -26.8% | -65.7% | 13.1% | 82.19% |
2021 | 1.8% | -2.4% | 8.9% | 80.29% |
2020 | 3.8% | 0.8% | 7.4% | 43.88% |
2019 | 4.1% | -17.7% | 5.3% | 65.14% |
2018 | -2.7% | -5.3% | 7.0% | 65.19% |
NAV & Total Return History
FFFGX - Holdings
Concentration Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Net Assets | 17.3 B | 1.25 M | 63.9 B | 6.76% |
Number of Holdings | 35 | 2 | 560 | 15.77% |
Net Assets in Top 10 | 12.6 B | 844 K | 63.2 B | 6.76% |
Weighting of Top 10 | 73.70% | 38.2% | 100.0% | 74.61% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 12.85%
- Fidelity® Series Growth Company 7.71%
- Fidelity® Series International Value 7.63%
- Fidelity® Series Overseas 7.44%
- Fidelity® Series International Growth 7.43%
- Fidelity® Series Intrinsic Opps 7.40%
- Fidelity® Series Large Cap Stock 7.19%
- Fidelity® Series Stk Selec Lg Cp Val 6.11%
- Fidelity® Series Long-Term Trs Bd Idx 5.24%
- Fidelity® Series Value Discovery 4.70%
Asset Allocation
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Stocks | 88.33% | 0.00% | 97.08% | 43.24% |
Bonds | 7.31% | 0.74% | 70.05% | 75.23% |
Cash | 3.55% | -5.77% | 27.10% | 34.68% |
Other | 0.57% | -1.01% | 17.70% | 23.42% |
Preferred Stocks | 0.18% | 0.00% | 0.38% | 12.61% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 66.22% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Financial Services | 18.66% | 13.09% | 18.83% | 3.18% |
Technology | 16.76% | 14.05% | 23.99% | 93.64% |
Healthcare | 12.13% | 10.69% | 14.59% | 63.64% |
Industrials | 11.68% | 9.12% | 12.31% | 14.09% |
Consumer Cyclical | 11.10% | 8.06% | 13.31% | 47.73% |
Basic Materials | 6.65% | 3.18% | 6.86% | 3.18% |
Communication Services | 6.64% | 5.69% | 10.23% | 72.27% |
Energy | 6.54% | 2.33% | 6.54% | 0.45% |
Consumer Defense | 5.80% | 4.68% | 11.06% | 81.36% |
Utilities | 2.13% | 1.89% | 8.09% | 98.64% |
Real Estate | 1.90% | 1.86% | 10.17% | 98.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Non US | 44.27% | 0.00% | 44.41% | 2.70% |
US | 44.06% | 0.00% | 70.31% | 90.99% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Government | 48.10% | 11.67% | 67.01% | 16.22% |
Cash & Equivalents | 39.05% | 4.34% | 78.34% | 24.32% |
Corporate | 10.37% | 0.48% | 43.85% | 87.84% |
Securitized | 1.94% | 0.00% | 34.36% | 91.44% |
Derivative | 0.50% | 0.00% | 24.93% | 28.38% |
Municipal | 0.03% | 0.00% | 1.01% | 71.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
US | 6.50% | 0.70% | 45.33% | 75.68% |
Non US | 0.81% | 0.04% | 24.72% | 62.16% |
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% | 33.48% |
Management Fee | 0.75% | 0.00% | 0.89% | 95.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | 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 | 30.00% | 0.42% | 115.00% | 66.18% |
FFFGX - Distributions
Dividend Yield Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.01% | 18.02% |
Dividend Distribution Analysis
FFFGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.10% | -0.42% | 3.87% | 10.95% |
Capital Gain Distribution Analysis
FFFGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 15, 2017 | $0.006 | OrdinaryDividend |
Dec 30, 2015 | $0.145 | OrdinaryDividend |
May 14, 2012 | $0.017 | OrdinaryDividend |
Dec 30, 2011 | $0.138 | OrdinaryDividend |
May 12, 2011 | $0.015 | OrdinaryDividend |
Dec 31, 2010 | $0.123 | OrdinaryDividend |
May 10, 2010 | $0.015 | OrdinaryDividend |
Dec 29, 2009 | $0.130 | OrdinaryDividend |
May 18, 2009 | $0.015 | OrdinaryDividend |
Dec 29, 2008 | $0.130 | OrdinaryDividend |
May 12, 2008 | $0.015 | OrdinaryDividend |
Dec 31, 2007 | $0.120 | OrdinaryDividend |
May 07, 2007 | $0.010 | OrdinaryDividend |
Dec 29, 2006 | $0.070 | OrdinaryDividend |
FFFGX - 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 | 5.72 | 2.41 |