Fidelity Advisor Freedom® 2050 I
- FFFPX
- Price as of: Feb 22, 2021
-
$14.06
N/A N/A
- Primary Theme
- Target-Date 2050
- Fund Company
- Fidelity Investments
- Share Class
FFFPX - Snapshot
Vitals
- YTD Return 5.5%
- 3 Yr Annualized Return 9.0%
- 5 Yr Annualized Return 13.8%
- Net Assets $1.46 B
- Holdings in Top 10 73.9%
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 32.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $500
Fund Classification
-
Primary Theme
Target-Date 2050
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2050
FFFPX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 1.45%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Advisor Freedom® 2050 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 01, 2006
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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.
FFFPX - Performance
Return Ranking - Trailing
Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -17.3% | 6.0% | 7.89% |
1 Yr | 19.3% | 6.6% | 22.2% | 14.41% |
3 Yr | 9.0%* | 4.9% | 10.2% | 16.91% |
5 Yr | 13.8%* | 9.5% | 14.4% | 13.51% |
10 Yr | 9.3%* | 6.7% | 11.1% | 41.03% |
* Annualized
Return Ranking - Calendar
Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 10.5% | 2.3% | 15.5% | 64.35% |
2019 | 17.8% | 6.3% | 23.2% | 57.14% |
2018 | -17.5% | -25.1% | -7.4% | 74.33% |
2017 | 16.3% | -20.0% | 20.1% | 52.00% |
2016 | 3.2% | -1.7% | 8.2% | 78.81% |
Total Return Ranking - Trailing
Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -17.3% | 6.0% | 7.89% |
1 Yr | 19.3% | 5.3% | 22.2% | 13.72% |
3 Yr | 9.0%* | 3.6% | 10.2% | 16.59% |
5 Yr | 13.8%* | 9.0% | 14.4% | 13.11% |
10 Yr | 9.3%* | 6.7% | 11.1% | 40.87% |
* Annualized
Total Return Ranking - Calendar
Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 10.5% | 2.3% | 15.5% | 64.35% |
2019 | 17.8% | 6.3% | 23.2% | 57.14% |
2018 | -14.1% | -25.1% | -5.6% | 65.78% |
2017 | 21.7% | -20.0% | 26.5% | 10.86% |
2016 | 8.4% | 0.6% | 11.1% | 21.19% |
NAV & Total Return History
FFFPX - Holdings
Concentration Analysis
FFFPX | Category Low | Category High | FFFPX % Rank | |
---|---|---|---|---|
Net Assets | 1.46 B | 150 K | 25.9 B | 24.57% |
Number of Holdings | 34 | 1 | 507 | 6.03% |
Net Assets in Top 10 | 1.08 B | 123 K | 25.6 B | 24.57% |
Weighting of Top 10 | 73.86% | 38.4% | 100.0% | 86.67% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 14.55%
- Fidelity® Series Large Cap Stock 9.89%
- Fidelity® Series International Value 7.00%
- Fidelity® Series International Growth 6.99%
- Fidelity® Series Overseas 6.80%
- Fidelity® Series Value Discovery 6.43%
- Fidelity® Series Stk Selec Lg Cp Val 6.30%
- Fidelity Advisor® Series Equity Gr 6.05%
- Fidelity® Series Opportunistic Insights 5.43%
- Fidelity Advisor® Series Growth Opps 4.41%
Asset Allocation
Weighting | Return Low | Return High | FFFPX % Rank | |
---|---|---|---|---|
Stocks | 88.92% | 45.25% | 99.66% | 46.12% |
Bonds | 5.82% | -3.27% | 96.30% | 68.10% |
Cash | 4.71% | -85.26% | 12.84% | 18.97% |
Other | 0.33% | -0.11% | 43.38% | 35.34% |
Preferred Stocks | 0.16% | 0.00% | 0.43% | 27.59% |
Convertible Bonds | 0.06% | 0.00% | 0.87% | 64.22% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFPX % Rank | |
---|---|---|---|---|
Technology | 20.29% | 12.60% | 22.09% | 21.98% |
Financial Services | 17.18% | 11.58% | 17.40% | 3.45% |
Healthcare | 12.42% | 9.95% | 17.07% | 56.90% |
Industrials | 11.32% | 9.14% | 14.81% | 39.66% |
Consumer Cyclical | 10.83% | 9.37% | 14.15% | 92.67% |
Communication Services | 9.21% | 5.98% | 11.35% | 25.86% |
Consumer Defense | 5.75% | 4.95% | 12.25% | 90.52% |
Basic Materials | 5.19% | 2.44% | 7.79% | 12.50% |
Energy | 3.37% | 1.61% | 4.80% | 9.05% |
Utilities | 2.44% | 0.61% | 4.54% | 84.05% |
Real Estate | 2.00% | 1.82% | 9.14% | 97.41% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFPX % Rank | |
---|---|---|---|---|
US | 45.69% | 10.39% | 70.88% | 87.93% |
Non US | 43.23% | 16.00% | 50.37% | 6.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFPX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 44.95% | 0.63% | 89.66% | 12.93% |
Government | 42.49% | 4.36% | 73.66% | 15.95% |
Corporate | 10.78% | 0.10% | 70.38% | 79.31% |
Securitized | 1.25% | 0.00% | 37.38% | 84.91% |
Derivative | 0.51% | 0.00% | 30.13% | 28.02% |
Municipal | 0.01% | 0.00% | 3.98% | 73.28% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFPX % Rank | |
---|---|---|---|---|
US | 5.01% | -3.47% | 46.44% | 65.52% |
Non US | 0.81% | 0.00% | 62.20% | 65.09% |
FFFPX - Expenses
Operational Fees
FFFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.01% | 26.33% | 39.81% |
Management Fee | 0.75% | 0.00% | 0.92% | 96.51% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FFFPX 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
FFFPX 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.
FFFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 2.11% | 98.00% | 60.00% |
FFFPX - Distributions
Dividend Yield Analysis
FFFPX | Category Low | Category High | FFFPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.15% | 63.36% |
Dividend Distribution Analysis
FFFPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FFFPX | Category Low | Category High | FFFPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.45% | 0.11% | 7.86% | 69.72% |
Capital Gain Distribution Analysis
FFFPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 30, 2015 | $0.155 |
May 14, 2012 | $0.013 |
Dec 30, 2011 | $0.121 |
May 12, 2011 | $0.011 |
Dec 31, 2010 | $0.114 |
May 10, 2010 | $0.011 |
Dec 29, 2009 | $0.105 |
May 18, 2009 | $0.013 |
Dec 29, 2008 | $0.134 |
May 12, 2008 | $0.012 |
Dec 31, 2007 | $0.121 |
May 07, 2007 | $0.008 |
Dec 29, 2006 | $0.093 |
FFFPX - 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 | 5.28 | 1.08 |