FFIKX: Fidelity Freedom® Index 2065 Fund

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FFIKX Fidelity Freedom® Index 2065 Fund


Profile

FFIKX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $20.4 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$10.94
$10.24
$10.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2060+

Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity Freedom® Index 2065 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 28, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests in a combination of Fidelity® domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index.


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Categories

Fund Company Quick Screens

FFIKX - Fund Company Quick Screens


Performance

FFIKX - Performance

Return Ranking - Trailing

Period FFIKX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.0% 4.1% 17.58%
1 Yr N/A -6.8% 20.5% N/A
3 Yr N/A* -17.8% 9.5% N/A
5 Yr N/A* -11.4% 6.8% N/A
10 Yr N/A* -3.6% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period FFIKX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -1.8% 29.3% N/A
2018 N/A -30.8% -0.6% N/A
2017 N/A -36.9% 19.9% N/A
2016 N/A -5.2% 8.6% N/A
2015 N/A -25.3% -0.9% N/A

Total Return Ranking - Trailing

Period FFIKX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.0% 4.1% 17.58%
1 Yr N/A -6.8% 20.5% N/A
3 Yr N/A* -17.8% 11.1% N/A
5 Yr N/A* -11.4% 8.2% N/A
10 Yr N/A* -3.6% 10.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FFIKX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -1.8% 29.3% N/A
2018 N/A -25.4% 1.3% N/A
2017 N/A -36.9% 26.6% N/A
2016 N/A -3.2% 12.3% N/A
2015 N/A -25.3% 3.9% N/A

NAV & Total Return History


Holdings

FFIKX - Holdings

Concentration Analysis

FFIKX Category Low Category High FFIKX % Rank
Net Assets 20.4 M 33.2 K 34.1 B 85.59%
Number of Holdings 5 1 509 96.90%
Net Assets in Top 10 14.6 M 0 25.3 B 85.35%
Weighting of Top 10 100.00% 0.0% 105.3% 12.69%

Top 10 Holdings

  1. Fidelity® Series Total Market Index 55.14%
  2. Fidelity® Series Global ex US Index 35.25%
  3. Fidelity® Series Bond Index 6.79%
  4. Fidelity® Series Long-Term Trs Bd Idx 2.82%

Asset Allocation

Weighting Return Low Return High FFIKX % Rank
Stocks
89.27% 0.00% 95.25% 10.17%
Bonds
9.27% -156.19% 70.59% 73.98%
Cash
1.37% -8.67% 187.11% 75.93%
Convertible Bonds
0.07% 0.00% 5.71% 76.28%
Other
0.02% -2.86% 53.56% 69.62%
Preferred Stocks
0.00% 0.00% 36.16% 83.80%

Stock Sector Breakdown

Weighting Return Low Return High FFIKX % Rank
Financial Services
18.10% 3.80% 22.68% 21.23%
Technology
15.43% 3.36% 19.67% 44.59%
Healthcare
12.21% 1.80% 18.61% 40.10%
Industrials
11.04% 1.57% 13.78% 55.64%
Consumer Cyclical
10.15% 2.04% 12.71% 46.89%
Communication Services
8.74% 0.38% 18.45% 16.74%
Consumer Defense
7.94% 1.11% 17.35% 32.11%
Energy
4.98% 0.98% 5.80% 25.95%
Basic Materials
4.27% 0.62% 6.63% 41.66%
Real Estate
3.92% 0.46% 19.93% 79.23%
Utilities
3.23% 0.00% 4.98% 38.78%

Stock Geographic Breakdown

Weighting Return Low Return High FFIKX % Rank
US
54.61% 0.00% 65.75% 16.54%
Non US
34.66% 0.00% 44.16% 19.64%

Bond Sector Breakdown

Weighting Return Low Return High FFIKX % Rank
Government
54.74% -2.84% 59.25% 2.07%
Securitized
17.22% 0.00% 34.71% 56.69%
Corporate
15.02% 0.00% 99.65% 83.00%
Cash & Equivalents
12.76% 0.04% 187.10% 65.08%
Municipal
0.26% 0.00% 3.69% 49.34%
Derivative
0.00% -170.75% 38.94% 78.00%

Bond Geographic Breakdown

Weighting Return Low Return High FFIKX % Rank
US
8.71% -189.52% 69.32% 71.45%
Non US
0.56% -33.97% 33.33% 93.91%

Expenses

FFIKX - Expenses

Operational Fees

FFIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 108.96% N/A
Management Fee 0.08% 0.00% 1.05% 34.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FFIKX 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

FFIKX 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.

FFIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 171.00% N/A

Distributions

FFIKX - Distributions

Dividend Yield Analysis

FFIKX Category Low Category High FFIKX % Rank
Dividend Yield 1.99% 0.00% 4.84% 0.69%

Dividend Distribution Analysis

FFIKX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FFIKX Category Low Category High FFIKX % Rank
Net Income Ratio N/A -0.74% 13.14% N/A

Capital Gain Distribution Analysis

FFIKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FFIKX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 28, 2019

0.59

0.6%

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.

Finola McGuire Foley


Start Date

Tenure

Tenure Rank

Jun 28, 2019

0.59

0.6%

Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Ms. Foley is responsible for managing all Target Date Index products and co-manages Fidelity Four-in-One Index Fund. Previously, Ms. Foley held various roles within Fidelity, including portfolio analyst and senior business analyst at Strategic Advisers LLC. She has been in the financial industry since joining Fidelity in 2005. Ms. Foley earned her BS in business information systems from University College Cork and her MBA in finance from Bentley University. She is a CFA charterholder.

Brett Sumsion


Start Date

Tenure

Tenure Rank

Jun 28, 2019

0.59

0.6%

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