FFFHX: Fidelity Freedom® 2050 Fund - MutualFunds.com

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Fidelity Freedom® 2050

FFFHX - Snapshot

Vitals

  • YTD Return 7.9%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 8.4%
  • Net Assets $13.5 B
  • Holdings in Top 10 72.1%

52 WEEK LOW AND HIGH

$13.07
$8.56
$13.10

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
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2050

Compare FFFHX to Popular Target-Date 2050 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$43.74

-0.16%

$22.27 B

2.00%

$0.88

9.98%

$28.82

-0.17%

$19.34 B

2.05%

$0.59

9.92%

$18.20

-0.17%

$13.69 B

0.76%

$0.14

12.21%

0.36%

$13.08

+0.08%

$13.47 B

-

$0.18

7.92%

0.75%

$17.33

-0.23%

$7.33 B

1.15%

$0.20

11.81%

0.35%

FFFHX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 8.4%
  • 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.


FFFHX - Performance

Return Ranking - Trailing

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -3.4% 13.0% 51.38%
1 Yr 7.0% -2.3% 9.8% 20.91%
3 Yr 5.7%* 2.0% 7.8% 34.00%
5 Yr 8.4%* 5.2% 9.8% 22.91%
10 Yr 8.5%* 5.1% 10.1% 42.06%

* Annualized

Return Ranking - Calendar

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
2019 17.2% 6.3% 23.2% 60.85%
2018 -15.2% -25.1% -7.4% 58.73%
2017 17.4% -20.0% 20.1% 37.85%
2016 4.1% -1.7% 8.2% 65.36%
2015 -5.7% -16.1% -1.5% 52.76%

Total Return Ranking - Trailing

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -3.4% 13.0% 51.38%
1 Yr 7.0% -7.2% 9.8% 19.35%
3 Yr 5.7%* 0.9% 7.8% 32.32%
5 Yr 8.4%* 4.7% 9.8% 22.60%
10 Yr 8.5%* 5.1% 10.1% 40.95%

* Annualized

Total Return Ranking - Calendar

Period FFFHX Return Category Return Low Category Return High Rank in Category (%)
2019 17.2% 6.3% 23.2% 60.85%
2018 -12.9% -25.1% -5.6% 56.61%
2017 22.3% -20.0% 26.5% 3.95%
2016 8.6% 0.6% 11.1% 15.69%
2015 -1.9% -16.1% 0.8% 43.31%

NAV & Total Return History


FFFHX - Holdings

Concentration Analysis

FFFHX Category Low Category High FFFHX % Rank
Net Assets 13.5 B 128 K 22.3 B 7.36%
Number of Holdings 34 1 501 4.39%
Net Assets in Top 10 10 B 105 K 22 B 7.46%
Weighting of Top 10 72.09% 40.1% 100.0% 94.69%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 13.68%
  2. Fidelity® Series Growth Company 8.64%
  3. Fidelity® Series Intrinsic Opps 8.00%
  4. Fidelity® Series International Growth 7.01%
  5. Fidelity® Series Overseas 6.94%
  6. Fidelity® Series Large Cap Stock 6.81%
  7. Fidelity® Series International Value 6.78%
  8. Fidelity® Series Stk Selec Lg Cp Val 5.63%
  9. Fidelity® Series Opportunistic Insights 4.33%
  10. Fidelity® Series Value Discovery 4.27%

Asset Allocation

Weighting Return Low Return High FFFHX % Rank
Stocks
88.26% 45.58% 115.79% 45.18%
Bonds
5.98% -4.36% 101.32% 73.68%
Cash
5.16% -99.12% 17.57% 22.81%
Other
0.41% -0.14% 43.18% 28.95%
Preferred Stocks
0.13% 0.00% 0.46% 25.88%
Convertible Bonds
0.06% 0.00% 0.92% 57.02%

Stock Sector Breakdown

Weighting Return Low Return High FFFHX % Rank
Technology
18.88% 11.15% 23.12% 57.89%
Financial Services
16.30% 10.38% 16.98% 9.21%
Healthcare
13.83% 10.62% 18.07% 28.51%
Consumer Cyclical
13.29% 9.13% 13.63% 11.40%
Industrials
10.37% 8.86% 14.48% 57.46%
Communication Services
8.80% 6.06% 11.25% 55.70%
Consumer Defense
6.15% 5.09% 12.53% 91.23%
Basic Materials
4.75% 2.35% 7.37% 27.19%
Energy
3.56% 1.55% 4.02% 13.16%
Utilities
2.11% 0.79% 4.98% 93.86%
Real Estate
1.95% 1.90% 9.42% 99.12%

Stock Geographic Breakdown

Weighting Return Low Return High FFFHX % Rank
Non US
44.62% 16.15% 47.60% 3.95%
US
43.64% 10.56% 70.53% 88.60%

Bond Sector Breakdown

Weighting Return Low Return High FFFHX % Rank
Cash & Equivalents
46.16% 1.00% 92.27% 11.40%
Government
40.97% 3.00% 71.74% 17.98%
Corporate
11.59% 0.08% 62.11% 78.51%
Securitized
1.17% 0.00% 39.68% 91.23%
Derivative
0.10% 0.00% 33.17% 38.60%
Municipal
0.01% 0.00% 3.13% 73.25%

Bond Geographic Breakdown

Weighting Return Low Return High FFFHX % Rank
US
5.23% -4.67% 58.36% 67.98%
Non US
0.75% 0.00% 76.51% 68.86%

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% 37.14%
Management Fee 0.75% 0.00% 0.93% 94.74%
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% 0.00% 98.00% 54.19%

FFFHX - Distributions

Dividend Yield Analysis

FFFHX Category Low Category High FFFHX % Rank
Dividend Yield 0.00% 0.00% 2.06% 8.23%

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% -0.35% 7.86% 63.59%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FFFHX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.35

9.4%

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

6.78

6.8%

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
0.2 15.51 5.36 0.83