Fidelity Freedom® 2050
- FFFHX
- Price as of: Feb 26, 2021
-
$14.14
N/A N/A
- Primary Theme
- Target-Date 2050
- Fund Company
- Fidelity Investments
- Share Class
FFFHX - Snapshot
Vitals
- YTD Return 3.4%
- 3 Yr Annualized Return 8.7%
- 5 Yr Annualized Return 13.8%
- Net Assets $15.9 B
- Holdings in Top 10 72.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.75%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 27.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $2,500
Fund Classification
-
Primary Theme
Target-Date 2050
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2050
FFFHX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 8.7%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 1.53%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® 2050 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 01, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Dierdorf
Fund Description
The fund invests in a combination of Fidelity ® domestic equity funds, international equity funds, bond funds, and short-term funds. It 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 2050.
FFFHX - Performance
Return Ranking - Trailing
Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | 0.4% | 4.2% | 8.64% |
1 Yr | 20.6% | 6.6% | 22.2% | 4.52% |
3 Yr | 8.7%* | 4.9% | 10.2% | 25.13% |
5 Yr | 13.8%* | 10.4% | 14.4% | 13.56% |
10 Yr | 9.4%* | 7.4% | 11.1% | 37.61% |
* Annualized
Return Ranking - Calendar
Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 11.8% | 2.3% | 15.5% | 40.87% |
2019 | 17.2% | 6.3% | 23.2% | 63.86% |
2018 | -15.2% | -25.1% | -7.4% | 56.42% |
2017 | 17.4% | -20.0% | 20.1% | 40.12% |
2016 | 4.1% | -1.7% | 8.2% | 62.94% |
Total Return Ranking - Trailing
Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | 0.4% | 4.2% | 8.64% |
1 Yr | 20.6% | 5.3% | 22.2% | 4.13% |
3 Yr | 8.7%* | 3.6% | 10.2% | 23.86% |
5 Yr | 13.8%* | 9.4% | 14.4% | 13.14% |
10 Yr | 9.4%* | 7.4% | 11.1% | 38.32% |
* Annualized
Total Return Ranking - Calendar
Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 11.8% | 2.3% | 15.5% | 40.87% |
2019 | 17.2% | 6.3% | 23.2% | 63.86% |
2018 | -12.9% | -25.1% | -5.6% | 55.31% |
2017 | 22.3% | -20.0% | 26.5% | 4.19% |
2016 | 8.6% | 0.6% | 11.1% | 16.78% |
NAV & Total Return History
FFFHX - Holdings
Concentration Analysis
FFFHX | Category Low | Category High | FFFHX % Rank | |
---|---|---|---|---|
Net Assets | 15.9 B | 150 K | 25.9 B | 7.59% |
Number of Holdings | 34 | 1 | 507 | 4.91% |
Net Assets in Top 10 | 11.5 B | 123 K | 25.6 B | 7.59% |
Weighting of Top 10 | 72.61% | 38.4% | 100.0% | 94.55% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 14.52%
- Fidelity® Series Intrinsic Opps 8.11%
- Fidelity® Series Growth Company 7.97%
- Fidelity® Series Large Cap Stock 7.01%
- Fidelity® Series International Growth 7.00%
- Fidelity® Series International Value 6.98%
- Fidelity® Series Overseas 6.79%
- Fidelity® Series Stk Selec Lg Cp Val 5.94%
- Fidelity® Series Value Discovery 4.52%
- Fidelity® Series Opportunistic Insights 3.77%
Asset Allocation
Weighting | Return Low | Return High | FFFHX % Rank | |
---|---|---|---|---|
Stocks | 88.23% | 45.25% | 99.66% | 57.14% |
Bonds | 5.79% | -3.27% | 88.53% | 68.75% |
Cash | 5.25% | -85.26% | 12.84% | 13.39% |
Other | 0.56% | -0.11% | 43.38% | 27.68% |
Preferred Stocks | 0.12% | 0.00% | 0.43% | 33.93% |
Convertible Bonds | 0.06% | 0.00% | 0.87% | 62.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFHX % Rank | |
---|---|---|---|---|
Technology | 18.76% | 12.60% | 22.09% | 64.29% |
Financial Services | 17.28% | 11.44% | 17.40% | 1.34% |
Consumer Cyclical | 13.03% | 9.37% | 14.15% | 29.91% |
Healthcare | 12.79% | 9.95% | 17.07% | 40.18% |
Industrials | 10.86% | 9.14% | 14.81% | 49.55% |
Communication Services | 8.48% | 6.73% | 11.35% | 61.16% |
Consumer Defense | 5.78% | 4.95% | 12.25% | 87.95% |
Basic Materials | 5.12% | 2.44% | 7.43% | 11.16% |
Energy | 3.60% | 1.61% | 3.66% | 3.57% |
Utilities | 2.44% | 0.61% | 4.54% | 82.14% |
Real Estate | 1.87% | 1.82% | 9.14% | 99.11% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFHX % Rank | |
---|---|---|---|---|
Non US | 44.82% | 16.00% | 50.37% | 3.13% |
US | 43.41% | 10.39% | 70.88% | 92.86% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFHX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 49.20% | 0.63% | 89.66% | 8.04% |
Government | 39.54% | 4.36% | 73.66% | 18.30% |
Corporate | 9.62% | 0.10% | 70.38% | 93.75% |
Securitized | 1.16% | 0.00% | 37.38% | 94.20% |
Derivative | 0.48% | 0.00% | 30.13% | 30.80% |
Municipal | 0.01% | 0.00% | 3.98% | 71.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFHX % Rank | |
---|---|---|---|---|
US | 4.99% | -3.47% | 46.44% | 66.07% |
Non US | 0.80% | 0.00% | 42.09% | 67.41% |
FFFHX - Expenses
Operational Fees
FFFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.01% | 26.33% | 36.45% |
Management Fee | 0.75% | 0.00% | 0.92% | 95.02% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FFFHX 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
FFFHX 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.
FFFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 2.11% | 98.00% | 50.23% |
FFFHX - Distributions
Dividend Yield Analysis
FFFHX | Category Low | Category High | FFFHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.16% | 16.07% |
Dividend Distribution Analysis
FFFHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FFFHX | Category Low | Category High | FFFHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.53% | 0.11% | 6.88% | 60.48% |
Capital Gain Distribution Analysis
FFFHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Annually |
Dividend Payout History
Date | Amount |
---|---|
May 15, 2017 | $0.006 |
Dec 30, 2015 | $0.146 |
May 14, 2012 | $0.015 |
Dec 30, 2011 | $0.128 |
May 12, 2011 | $0.013 |
Dec 31, 2010 | $0.115 |
May 10, 2010 | $0.015 |
Dec 29, 2009 | $0.120 |
May 18, 2009 | $0.010 |
Dec 29, 2008 | $0.130 |
May 12, 2008 | $0.020 |
Dec 31, 2007 | $0.110 |
May 07, 2007 | $0.010 |
Dec 29, 2006 | $0.060 |
FFFHX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
9.6
9.6%
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
7.03
7.0%
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 |
---|---|---|---|
0.08 | 15.76 | 4.93 | 1.08 |