Fidelity Freedom® 2050
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
29.2%
3 Yr Avg Return
13.0%
5 Yr Avg Return
13.2%
Net Assets
$16.9 B
Holdings in Top 10
72.5%
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 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 2050
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FFFHX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 13.0%
- 5 Yr Annualized Total Return 13.2%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 0.96%
- 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 ® 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 2050.
FFFHX - Performance
Return Ranking - Trailing
| Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.2% | -9.7% | 17.3% | 92.17% |
| 1 Yr | 29.2% | 20.9% | 30.7% | 4.48% |
| 3 Yr | 13.0%* | 8.9% | 14.1% | 20.28% |
| 5 Yr | 13.2%* | 9.7% | 14.0% | 13.33% |
| 10 Yr | 12.3%* | 10.0% | 13.6% | 32.52% |
* Annualized
Return Ranking - Calendar
| Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 11.8% | 2.3% | 15.5% | 40.49% |
| 2019 | 17.2% | 6.3% | 23.2% | 63.68% |
| 2018 | -15.2% | -25.1% | -7.4% | 56.74% |
| 2017 | 17.4% | -20.0% | 20.1% | 40.36% |
| 2016 | 4.1% | -1.7% | 8.2% | 63.38% |
Total Return Ranking - Trailing
| Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.2% | -9.7% | 17.3% | 92.17% |
| 1 Yr | 29.2% | 15.1% | 30.7% | 4.55% |
| 3 Yr | 13.0%* | 7.1% | 14.1% | 20.10% |
| 5 Yr | 13.2%* | 9.2% | 14.0% | 12.92% |
| 10 Yr | 12.3%* | 10.0% | 13.6% | 33.06% |
* Annualized
Total Return Ranking - Calendar
| Period | FFFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 11.8% | 2.3% | 15.5% | 40.49% |
| 2019 | 17.2% | 6.3% | 23.2% | 63.68% |
| 2018 | -12.9% | -25.1% | -5.6% | 55.62% |
| 2017 | 22.3% | -20.0% | 26.5% | 4.22% |
| 2016 | 8.6% | 0.6% | 11.1% | 16.90% |
NAV & Total Return History
FFFHX - Holdings
Concentration Analysis
| FFFHX | Category Low | Category High | FFFHX % Rank | |
|---|---|---|---|---|
| Net Assets | 16.9 B | 216 K | 34.5 B | 6.96% |
| Number of Holdings | 34 | 4 | 535 | 3.95% |
| Net Assets in Top 10 | 12.7 B | 176 K | 35.2 B | 7.02% |
| Weighting of Top 10 | 72.52% | 39.3% | 100.0% | 94.12% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 13.04%
- Fidelity® Series Growth Company 8.04%
- Fidelity® Series Intrinsic Opps 8.01%
- Fidelity® Series Overseas 7.33%
- Fidelity® Series International Growth 7.30%
- Fidelity® Series International Value 7.23%
- Fidelity® Series Large Cap Stock 6.98%
- Fidelity® Series Stk Selec Lg Cp Val 5.92%
- Fidelity® Series Value Discovery 4.55%
- Fidelity® Series Opportunistic Insights 4.13%
Asset Allocation
| Weighting | Return Low | Return High | FFFHX % Rank | |
|---|---|---|---|---|
| Stocks | 88.12% | 66.88% | 107.55% | 64.91% |
| Bonds | 6.35% | -2.35% | 72.04% | 57.46% |
| Cash | 4.84% | -84.63% | 28.32% | 25.00% |
| Other | 0.51% | -4.86% | 4.98% | 20.61% |
| Preferred Stocks | 0.14% | 0.00% | 0.38% | 26.75% |
| Convertible Bonds | 0.05% | 0.00% | 0.98% | 63.60% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFFHX % Rank | |
|---|---|---|---|---|
| Technology | 18.59% | 15.48% | 23.33% | 79.39% |
| Financial Services | 18.15% | 13.02% | 18.41% | 4.39% |
| Healthcare | 12.35% | 10.10% | 14.92% | 50.88% |
| Industrials | 12.05% | 9.73% | 14.80% | 14.47% |
| Consumer Cyclical | 11.78% | 8.72% | 15.03% | 56.58% |
| Communication Services | 8.70% | 7.00% | 11.50% | 52.19% |
| Basic Materials | 5.39% | 3.26% | 5.64% | 5.70% |
| Consumer Defense | 5.16% | 4.26% | 10.64% | 91.23% |
| Energy | 4.02% | 1.70% | 4.02% | 0.44% |
| Utilities | 1.96% | 0.40% | 6.71% | 96.49% |
| Real Estate | 1.86% | 1.80% | 9.28% | 98.68% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFFHX % Rank | |
|---|---|---|---|---|
| US | 44.10% | 31.97% | 71.24% | 95.18% |
| Non US | 44.02% | 19.16% | 49.05% | 2.63% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFFHX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 45.56% | 0.90% | 87.35% | 19.74% |
| Government | 44.17% | 0.00% | 76.27% | 12.72% |
| Corporate | 9.15% | 0.21% | 57.00% | 85.96% |
| Securitized | 0.82% | 0.00% | 29.09% | 92.98% |
| Derivative | 0.29% | 0.00% | 34.38% | 43.86% |
| Municipal | 0.00% | 0.00% | 25.34% | 82.46% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFFHX % Rank | |
|---|---|---|---|---|
| US | 5.53% | -2.55% | 52.65% | 56.58% |
| Non US | 0.82% | -30.06% | 19.39% | 55.70% |
FFFHX - Expenses
Operational Fees
| FFFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | 1.89% | 37.99% |
| Management Fee | 0.75% | 0.00% | 0.92% | 95.15% |
| 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 | 21.00% | 2.16% | 110.00% | 30.77% |
FFFHX - Distributions
Dividend Yield Analysis
| FFFHX | Category Low | Category High | FFFHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.00% | 2.17% |
Dividend Distribution Analysis
| FFFHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
| FFFHX | Category Low | Category High | FFFHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.96% | -0.36% | 6.88% | 70.83% |
Capital Gain Distribution Analysis
| FFFHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Semi-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
10.26
10.3%
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
7.7
7.7%
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 |
|---|---|---|---|
| 0.15 | 16.42 | 5.13 | 1.75 |