FFFYX: Fidelity Advisor Freedom® 2050 C

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FFFYX Fidelity Advisor Freedom® 2050 C


Profile

FFFYX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 2.8%
  • 5 Yr Annualized Return 1.6%
  • Net Assets $1.25 B
  • Holdings in Top 10 74.0%

52 WEEK LOW AND HIGH

$11.89
$10.32
$11.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.74%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $500

Fund Classification

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

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 0.63%
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
    C
  • 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.


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Categories

Fund Company Quick Screens

FFFYX - Fund Company Quick Screens


Performance

FFFYX - Performance

Return Ranking - Trailing

Period FFFYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% 0.0% 4.1% 64.03%
1 Yr 9.2% -6.8% 20.5% 39.30%
3 Yr 2.8%* -17.9% 9.5% 43.21%
5 Yr 1.6%* -11.5% 6.8% 37.67%
10 Yr 3.9%* -3.7% 8.8% 36.53%

* Annualized

Return Ranking - Calendar

Period FFFYX Return Category Return Low Category Return High Rank in Category (%)
2019 17.5% -1.8% 29.3% 28.79%
2018 -17.8% -30.8% -0.6% 83.94%
2017 16.0% -36.9% 19.9% 23.45%
2016 3.0% -5.2% 8.6% 65.21%
2015 -5.5% -25.3% -0.9% 50.40%

Total Return Ranking - Trailing

Period FFFYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% 0.0% 4.1% 64.03%
1 Yr 9.2% -6.8% 20.5% 39.30%
3 Yr 5.5%* -17.9% 11.1% 42.06%
5 Yr 4.6%* -11.5% 8.2% 39.53%
10 Yr 7.4%* -3.7% 10.0% 35.92%

* Annualized

Total Return Ranking - Calendar

Period FFFYX Return Category Return Low Category Return High Rank in Category (%)
2019 17.5% -1.8% 29.3% 28.79%
2018 -14.4% -25.4% 1.3% 77.22%
2017 20.4% -36.9% 26.6% 11.94%
2016 7.3% -3.2% 12.3% 33.93%
2015 -2.9% -25.3% 3.9% 65.63%

NAV & Total Return History


Holdings

FFFYX - Holdings

Concentration Analysis

FFFYX Category Low Category High FFFYX % Rank
Net Assets 1.25 B 33.2 K 34.1 B 19.33%
Number of Holdings 34 1 509 7.24%
Net Assets in Top 10 971 M 0 25.3 B 21.71%
Weighting of Top 10 73.98% 0.0% 105.3% 71.11%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 11.17%
  2. Fidelity® Series Large Cap Stock 10.30%
  3. Fidelity® Series International Growth 9.70%
  4. Fidelity® Series International Value 9.34%
  5. Fidelity® Series Stk Selec Lg Cp Val 6.72%
  6. Fidelity® Series Value Discovery 6.66%
  7. Fidelity Advisor® Series Equity Gr 6.03%
  8. Fidelity® Series Opportunistic Insights 5.59%
  9. Fidelity® Series Overseas 4.51%
  10. Fidelity Advisor® Series Growth Opps 3.96%

Asset Allocation

Weighting Return Low Return High FFFYX % Rank
Stocks
87.62% 0.00% 95.25% 19.30%
Bonds
6.10% -156.19% 70.59% 92.25%
Cash
5.96% -8.67% 187.11% 24.81%
Preferred Stocks
0.18% 0.00% 36.16% 14.88%
Other
0.08% -2.86% 53.56% 54.16%
Convertible Bonds
0.06% 0.00% 5.71% 81.68%

Stock Sector Breakdown

Weighting Return Low Return High FFFYX % Rank
Financial Services
21.98% 3.80% 22.68% 4.14%
Technology
16.21% 3.36% 19.67% 17.66%
Healthcare
12.15% 1.80% 18.61% 44.36%
Industrials
10.97% 1.57% 13.78% 62.37%
Consumer Cyclical
8.84% 2.04% 12.71% 94.65%
Communication Services
8.78% 0.38% 18.45% 13.58%
Consumer Defense
6.68% 1.11% 17.35% 84.98%
Energy
5.31% 0.98% 5.80% 12.31%
Basic Materials
4.30% 0.62% 6.63% 39.76%
Real Estate
2.81% 0.46% 19.93% 94.02%
Utilities
1.97% 0.00% 4.98% 93.15%

Stock Geographic Breakdown

Weighting Return Low Return High FFFYX % Rank
US
48.33% 0.00% 65.75% 42.27%
Non US
39.29% 0.00% 44.16% 3.10%

Bond Sector Breakdown

Weighting Return Low Return High FFFYX % Rank
Cash & Equivalents
49.09% 0.04% 187.10% 4.82%
Government
37.57% -2.84% 59.25% 42.79%
Corporate
12.00% 0.00% 99.65% 89.26%
Securitized
1.23% 0.00% 34.71% 93.91%
Derivative
0.11% -170.75% 38.94% 38.31%
Municipal
0.00% 0.00% 3.69% 99.48%

Bond Geographic Breakdown

Weighting Return Low Return High FFFYX % Rank
US
5.25% -189.52% 69.32% 90.75%
Non US
0.85% -33.97% 33.33% 86.44%

Expenses

FFFYX - Expenses

Operational Fees

FFFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.74% 0.01% 108.96% 9.78%
Management Fee 0.75% 0.00% 1.05% 97.59%
12b-1 Fee 1.00% 0.00% 1.00% 99.51%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FFFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 95.90%

Trading Fees

FFFYX 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.

FFFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 171.00% 42.42%

Distributions

FFFYX - Distributions

Dividend Yield Analysis

FFFYX Category Low Category High FFFYX % Rank
Dividend Yield 0.00% 0.00% 4.84% 93.14%

Dividend Distribution Analysis

FFFYX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

FFFYX Category Low Category High FFFYX % Rank
Net Income Ratio 0.63% -0.74% 13.14% 95.32%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FFFYX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

8.59

8.6%

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 Sumsion


Start Date

Tenure

Tenure Rank

Jan 21, 2014

6.03

6.0%

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 Category High Category Average Category Mode
0.08 15.26 4.77 1.42