FFFLX: Fidelity Advisor Freedom® 2050 A

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FFFLX Fidelity Advisor Freedom® 2050 A

  • Fund
  • FFFLX
  • Price as of: Oct 15, 2019
  • $11.21 + $0.10 + 0.90%

FFFLX - Profile

Vitals

  • YTD Return 11.1%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 1.1%
  • Net Assets $1.18 B
  • Holdings in Top 10 74.5%

52 WEEK LOW AND HIGH

$11.21
$9.94
$11.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.99%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$500

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 11.1%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 1.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity Advisor Freedom® 2050 Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Jun 01, 2006
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew Dierdorf

Fund Description

The fund invests primarily in a combination of Fidelity® domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds). It allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Advisor Freedom® Income Fund.

FFFLX - Fund Company Quick Screens

FFFLX - Performance

Return Ranking - Trailing

Period FFFLX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -0.9% 19.2% 71.04%
1 Yr -5.0% -19.8% 9.4% 84.58%
3 Yr 2.7%* -17.9% 9.6% 53.80%
5 Yr 1.1%* -11.1% 7.3% 53.68%
10 Yr 3.1%* -3.7% 9.5% 56.34%

* Annualized


Return Ranking - Calendar

Period FFFLX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.5% -30.8% -0.6% 85.57%
2017 16.3% -36.9% 19.9% 15.96%
2016 3.2% -5.2% 8.2% 57.11%
2015 -5.5% -25.3% -1.4% 47.14%
2014 -3.0% -12.7% 6.9% 88.62%

Total Return Ranking - Trailing

Period FFFLX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -0.9% 19.2% 71.04%
1 Yr -5.0% -19.8% 9.4% 88.83%
3 Yr 6.0%* -17.9% 11.0% 46.38%
5 Yr 5.6%* -11.1% 8.8% 42.64%
10 Yr 7.3%* -3.7% 9.5% 39.29%

* Annualized


Total Return Ranking - Calendar

Period FFFLX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.1% -25.4% 1.3% 78.75%
2017 21.4% -36.9% 23.3% 5.26%
2016 8.2% -3.2% 12.3% 17.17%
2015 -2.1% -25.3% 3.9% 57.50%
2014 5.7% -8.5% 8.9% 35.07%

NAV & Total Return History

FFFLX - Holdings

Concentration Analysis

FFFLX Category Low Category High FFFLX % Rank
Net Assets 1.18 B 30.6 K 32.6 B 23.78%
Number of Holdings 37 3 488 9.97%
Net Assets in Top 10 871 M 20.6 K 23.2 B 23.92%
Weighting of Top 10 74.49% 25.2% 110.5% 69.42%

Top 10 Holdings

  1. Fidelity® Series Large Cap Stock 11.22%

  2. Fidelity® Series International Growth 9.60%

  3. Fidelity® Series Emerging Markets Opps 9.35%

  4. Fidelity® Series International Value 9.22%

  5. Fidelity® Series Stk Selec Lg Cp Val 7.33%

  6. Fidelity® Series Value Discovery 7.22%

  7. Fidelity Advisor® Series Equity Gr 6.42%

  8. Fidelity® Series Opportunistic Insights 5.99%

  9. Fidelity Advisor® Series Growth Opps 4.24%

  10. Fidelity® Series Small Cap Opps 3.92%


Asset Allocation

Weighting Return Low Return High FFFLX % Rank
Stocks
86.44% 0.00% 94.44% 16.36%
Cash
7.31% -10.09% 187.11% 25.70%
Bonds
6.08% -156.19% 68.56% 94.36%
Preferred Stocks
0.43% 0.00% 36.80% 20.96%
Convertible Bonds
0.08% 0.00% 5.45% 78.21%
Other
-0.35% -0.36% 13.39% 92.23%

Stock Sector Breakdown

Weighting Return Low Return High FFFLX % Rank
Financial Services
19.21% 1.17% 19.22% 2.27%
Technology
17.14% 0.00% 18.58% 9.77%
Healthcare
9.73% 0.00% 12.76% 19.96%
Industrials
9.43% 0.00% 11.92% 15.28%
Consumer Cyclical
9.35% 0.00% 12.14% 28.97%
Consumer Defense
5.82% 0.00% 14.82% 34.55%
Energy
5.18% 0.00% 5.21% 3.30%
Basic Materials
3.79% 0.00% 5.28% 14.32%
Real Estate
2.67% 0.00% 9.84% 68.48%
Communication Services
2.07% 0.00% 3.82% 37.23%
Utilities
1.87% 0.00% 4.39% 53.48%

Stock Geographic Breakdown

Weighting Return Low Return High FFFLX % Rank
US
51.13% 0.00% 63.99% 25.43%
Non US
35.31% 0.00% 39.88% 6.25%

Bond Sector Breakdown

Weighting Return Low Return High FFFLX % Rank
Cash & Equivalents
7.55% -16.88% 187.10% 21.44%
Government
3.86% -2.84% 37.89% 82.96%
Corporate
2.26% 1.43% 98.90% 94.64%
Securitized
0.45% 0.00% 30.46% 96.84%
Municipal
0.01% 0.00% 1.63% 87.90%
Derivative
-0.25% -170.75% 15.98% 77.46%

Bond Geographic Breakdown

Weighting Return Low Return High FFFLX % Rank
US
5.09% -189.52% 62.66% 95.33%
Non US
0.99% 0.00% 33.33% 84.60%

FFFLX - Expenses

Operational Fees

FFFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.00% 150.91% 23.94%
Management Fee 0.75% 0.00% 1.05% 97.46%
12b-1 Fee 0.25% 0.00% 1.00% 60.88%
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

FFFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.00% 5.75% 36.81%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FFFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Turnover 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.

FFFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 200.00% 46.77%

FFFLX - Distributions

Dividend Yield Analysis

FFFLX Category Low Category High FFFLX % Rank
Dividend Yield 0.00% 0.00% 3.94% 92.51%

Dividend Distribution Analysis

FFFLX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FFFLX Category Low Category High FFFLX % Rank
Net Income Ratio 1.38% -0.74% 6.29% 77.91%

Capital Gain Distribution Analysis

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

FFFLX - Managers

Andrew Dierdorf

Manager

Start Date

Tenure

Tenure Rank

Jun 30, 2011

8.26

8.3%

Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Mr. Dierdorf is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Dierdorf joined Fidelity in 2004 and has been in the industry since 1993. Mr. Dierdorf earned his bachelor of science degree from the University of Delaware. He is a CFA charterholder, a Fellow of the Society of Actuaries, Chartered Market Technician, and Member of the American Academy of Actuaries.


Brett F. Sumsion

Manager

Start Date

Tenure

Tenure Rank

Jan 21, 2014

5.69

5.7%

Brett Sumsion is a portfolio manager in the Global Asset Allocation (GAA) group at Fidelity Investments. In this role, he is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Income Replacement Funds, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Sumsion joined Fidelity in 2014 and has been in the investments industry since 2001. 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

0.0

Category High

14.92

Category Average

4.64

Category Mode

1.08