FFFHX: Fidelity Freedom® 2050

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FFFHX Fidelity Freedom® 2050


Profile

FFFHX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return 0.8%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $14.1 B
  • Holdings in Top 10 72.6%

52 WEEK LOW AND HIGH

$12.15
$8.56
$12.48

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


Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 6.3%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 1.53%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2050 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 ® 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.


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Categories

Fund Company Quick Screens

FFFHX - Fund Company Quick Screens


Performance

FFFHX - Performance

Return Ranking - Trailing

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -42.4% 38.3% 59.62%
1 Yr 5.7% -47.6% 46.3% 29.73%
3 Yr 0.8%* -36.4% 17.3% 50.29%
5 Yr 3.7%* -18.7% 15.7% 42.47%
10 Yr 3.7%* -9.0% 13.2% 48.38%

* Annualized

Return Ranking - Calendar

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
2019 17.2% -46.3% 66.4% 62.05%
2018 -15.2% -64.5% 1.8% 53.07%
2017 17.4% -38.9% 80.9% 38.23%
2016 4.1% -26.1% 36.8% 51.58%
2015 -5.7% -42.3% 13.2% 49.07%

Total Return Ranking - Trailing

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -42.4% 38.3% 59.62%
1 Yr 5.7% -47.6% 46.3% 29.73%
3 Yr 2.5%* -35.8% 19.9% 53.38%
5 Yr 6.3%* -16.9% 16.3% 43.05%
10 Yr 7.8%* -7.0% 15.7% 32.95%

* Annualized

Total Return Ranking - Calendar

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
2019 17.2% -46.3% 66.4% 62.05%
2018 -12.9% -64.5% 4.0% 58.21%
2017 22.3% -9.3% 80.9% 13.11%
2016 8.6% -23.9% 39.4% 20.88%
2015 -1.9% -34.5% 13.2% 45.26%

NAV & Total Return History


Holdings

FFFHX - Holdings

Concentration Analysis

FFFHX Category Low Category High FFFHX % Rank
Net Assets 14.1 B 12 K 55 B 4.04%
Number of Holdings 33 1 8660 28.56%
Net Assets in Top 10 9.77 B 77.7 K 31.9 B 2.85%
Weighting of Top 10 72.56% 10.7% 109.6% 63.46%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 13.96%
  2. Fidelity® Series Growth Company 8.19%
  3. Fidelity® Series Intrinsic Opps 7.90%
  4. Fidelity® Series Overseas 7.17%
  5. Fidelity® Series International Growth 7.16%
  6. Fidelity® Series International Value 6.94%
  7. Fidelity® Series Large Cap Stock 6.94%
  8. Fidelity® Series Stk Selec Lg Cp Val 5.72%
  9. Fidelity® Series Value Discovery 4.31%
  10. Fidelity® Series Opportunistic Insights 4.28%

Asset Allocation

Weighting Return Low Return High FFFHX % Rank
Stocks
87.53% 62.95% 259.02% 69.42%
Bonds
5.96% -235.37% 29.37% 45.46%
Cash
5.87% -93.75% 187.11% 15.91%
Other
0.46% -2.38% 75.09% 18.65%
Preferred Stocks
0.12% 0.00% 13.36% 26.01%
Convertible Bonds
0.06% 0.00% 6.64% 35.15%

Stock Sector Breakdown

Weighting Return Low Return High FFFHX % Rank
Technology
18.42% 0.00% 51.17% 58.88%
Financial Services
17.55% 0.00% 47.35% 9.21%
Healthcare
14.63% 0.00% 53.30% 27.39%
Consumer Cyclical
12.00% 0.00% 32.90% 19.73%
Industrials
9.96% 0.00% 47.47% 59.12%
Communication Services
8.74% 0.00% 37.99% 54.72%
Consumer Defense
6.13% 0.00% 30.49% 76.89%
Basic Materials
4.64% 0.00% 34.56% 23.29%
Energy
4.16% 0.00% 85.32% 14.62%
Real Estate
2.03% 0.00% 43.77% 90.37%
Utilities
1.74% 0.00% 80.71% 83.72%

Stock Geographic Breakdown

Weighting Return Low Return High FFFHX % Rank
Non US
44.43% 5.26% 193.33% 19.89%
US
43.10% -0.92% 78.23% 85.81%

Bond Sector Breakdown

Weighting Return Low Return High FFFHX % Rank
Cash & Equivalents
49.30% -0.83% 187.10% 39.29%
Government
38.28% -2.84% 85.11% 14.70%
Corporate
11.15% 0.00% 99.82% 61.07%
Securitized
1.16% 0.00% 40.76% 63.75%
Derivative
0.11% -170.75% 74.30% 27.38%
Municipal
0.00% 0.00% 5.04% 75.77%

Bond Geographic Breakdown

Weighting Return Low Return High FFFHX % Rank
US
5.18% -189.52% 31.35% 44.83%
Non US
0.78% -10.76% 33.33% 41.86%

Expenses

FFFHX - Expenses

Operational Fees

FFFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 45.88% 52.79%
Management Fee 0.75% 0.00% 1.60% 77.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FFFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FFFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

FFFHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 614.00% 44.63%

Distributions

FFFHX - Distributions

Dividend Yield Analysis

FFFHX Category Low Category High FFFHX % Rank
Dividend Yield 0.00% 0.00% 10.89% 37.94%

Dividend Distribution Analysis

FFFHX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

FFFHX Category Low Category High FFFHX % Rank
Net Income Ratio 1.53% -7.55% 13.14% 51.06%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FFFHX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.18

9.2%

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

6.61

6.6%

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
0.01 38.02 5.19 0.67