Fidelity Advisor Freedom® 2050 I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
9.2%
1 yr return
28.3%
3 Yr Avg Return
13.1%
5 Yr Avg Return
13.3%
Net Assets
$1.66 B
Holdings in Top 10
73.9%
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 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Target-Date 2050
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FFFPX - Profile
Distributions
- YTD Total Return 9.2%
- 3 Yr Annualized Total Return 13.1%
- 5 Yr Annualized Total Return 13.3%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 0.87%
- 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® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds). The adviser 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 | 9.2% | -10.1% | 16.7% | 93.55% |
| 1 Yr | 28.3% | 20.9% | 30.7% | 18.83% |
| 3 Yr | 13.1%* | 8.9% | 14.1% | 18.87% |
| 5 Yr | 13.3%* | 9.7% | 14.0% | 12.22% |
| 10 Yr | 12.2%* | 10.0% | 13.6% | 38.21% |
* Annualized
Return Ranking - Calendar
| Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 10.5% | 2.3% | 15.5% | 66.34% |
| 2019 | 17.8% | 6.3% | 23.2% | 59.20% |
| 2018 | -17.5% | -25.1% | -7.4% | 73.03% |
| 2017 | 16.3% | -20.0% | 20.1% | 54.82% |
| 2016 | 3.2% | -1.7% | 8.2% | 78.17% |
Total Return Ranking - Trailing
| Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -10.1% | 16.7% | 93.55% |
| 1 Yr | 28.3% | 15.1% | 30.7% | 17.27% |
| 3 Yr | 13.1%* | 7.1% | 14.1% | 18.66% |
| 5 Yr | 13.3%* | 9.2% | 14.0% | 11.80% |
| 10 Yr | 12.2%* | 10.0% | 13.6% | 37.19% |
* Annualized
Total Return Ranking - Calendar
| Period | FFFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 10.5% | 2.3% | 15.5% | 66.34% |
| 2019 | 17.8% | 6.3% | 23.2% | 59.20% |
| 2018 | -14.1% | -25.1% | -5.6% | 64.61% |
| 2017 | 21.7% | -20.0% | 26.5% | 11.45% |
| 2016 | 8.4% | 0.6% | 11.1% | 22.54% |
NAV & Total Return History
FFFPX - Holdings
Concentration Analysis
| FFFPX | Category Low | Category High | FFFPX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.66 B | 216 K | 34.5 B | 23.91% |
| Number of Holdings | 33 | 4 | 535 | 8.33% |
| Net Assets in Top 10 | 1.27 B | 176 K | 35.2 B | 26.75% |
| Weighting of Top 10 | 73.90% | 39.3% | 100.0% | 88.73% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 13.02%
- Fidelity® Series Large Cap Stock 9.80%
- Fidelity® Series Overseas 7.32%
- Fidelity® Series International Growth 7.29%
- Fidelity® Series International Value 7.22%
- Fidelity® Series Value Discovery 6.36%
- Fidelity Advisor® Series Equity Gr 6.35%
- Fidelity® Series Stk Selec Lg Cp Val 6.22%
- Fidelity® Series Opportunistic Insights 5.89%
- Fidelity Advisor® Series Growth Opps 4.43%
Asset Allocation
| Weighting | Return Low | Return High | FFFPX % Rank | |
|---|---|---|---|---|
| Stocks | 88.95% | 66.88% | 107.55% | 53.07% |
| Bonds | 6.34% | -2.35% | 72.04% | 59.65% |
| Cash | 4.10% | -84.63% | 28.32% | 35.96% |
| Other | 0.39% | -4.86% | 4.98% | 29.39% |
| Preferred Stocks | 0.16% | 0.00% | 0.38% | 22.37% |
| Convertible Bonds | 0.05% | 0.00% | 0.98% | 66.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFFPX % Rank | |
|---|---|---|---|---|
| Technology | 19.91% | 14.98% | 23.33% | 39.47% |
| Financial Services | 18.11% | 13.02% | 18.41% | 6.58% |
| Industrials | 12.51% | 9.74% | 14.80% | 6.14% |
| Healthcare | 12.16% | 10.10% | 15.00% | 58.33% |
| Communication Services | 10.00% | 7.00% | 11.19% | 16.67% |
| Consumer Cyclical | 9.35% | 8.72% | 15.03% | 96.05% |
| Basic Materials | 5.48% | 3.26% | 5.64% | 3.95% |
| Consumer Defense | 5.01% | 4.26% | 10.64% | 93.42% |
| Energy | 3.53% | 1.70% | 4.02% | 14.04% |
| Utilities | 1.98% | 0.40% | 6.71% | 94.74% |
| Real Estate | 1.95% | 1.80% | 9.28% | 91.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFFPX % Rank | |
|---|---|---|---|---|
| US | 46.89% | 31.97% | 71.24% | 92.98% |
| Non US | 42.06% | 19.16% | 49.05% | 7.02% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFFPX % Rank | |
|---|---|---|---|---|
| Government | 47.16% | 0.00% | 76.27% | 10.96% |
| Cash & Equivalents | 41.61% | 0.90% | 87.35% | 35.09% |
| Corporate | 10.03% | 0.21% | 63.05% | 85.53% |
| Securitized | 0.88% | 0.00% | 29.09% | 91.23% |
| Derivative | 0.31% | 0.00% | 34.38% | 39.04% |
| Municipal | 0.00% | 0.00% | 25.34% | 90.79% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFFPX % Rank | |
|---|---|---|---|---|
| US | 5.52% | -2.55% | 52.65% | 58.77% |
| Non US | 0.82% | -30.06% | 19.39% | 57.46% |
FFFPX - Expenses
Operational Fees
| FFFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | 1.89% | 38.86% |
| Management Fee | 0.75% | 0.00% | 0.92% | 96.48% |
| 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 | 24.00% | 2.16% | 110.00% | 44.80% |
FFFPX - Distributions
Dividend Yield Analysis
| FFFPX | Category Low | Category High | FFFPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.00% | 48.26% |
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 | 0.87% | -0.36% | 6.88% | 75.46% |
Capital Gain Distribution Analysis
| FFFPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Annually | 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
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 |