FFOLX: Fidelity Freedom® Index 2045 Instl Prem

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FFOLX Fidelity Freedom® Index 2045 Instl Prem


Profile

FFOLX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 5.2%
  • Net Assets $5.27 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$19.34
$13.51
$21.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.08%

SALES FEES

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

BROKERAGE FEES

  • Turnover 77.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® Index 2045 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 24, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

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Categories

Fund Company Quick Screens

FFOLX - Fund Company Quick Screens


Performance

FFOLX - Performance

Return Ranking - Trailing

Period FFOLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -42.4% 38.6% 29.19%
1 Yr -4.9% -47.6% 46.0% 79.65%
3 Yr 1.7%* -36.8% 17.3% 39.45%
5 Yr 5.2%* -18.8% 15.7% 28.60%
10 Yr N/A* -9.0% 13.2% 3.58%

* Annualized

Return Ranking - Calendar

Period FFOLX Return Category Return Low Category Return High Rank in Category (%)
2019 9.7% -46.3% 66.4% 92.90%
2018 -9.3% -64.5% 1.8% 6.08%
2017 18.3% -38.9% 80.9% 26.63%
2016 7.3% -26.1% 36.8% 12.79%
2015 N/A -42.3% 13.2% N/A

Total Return Ranking - Trailing

Period FFOLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -42.4% 38.6% 29.19%
1 Yr -4.9% -47.6% 46.0% 79.65%
3 Yr 2.4%* -36.2% 19.9% 50.61%
5 Yr 6.5%* -16.9% 16.4% 35.65%
10 Yr N/A* -7.2% 15.8% 3.58%

* Annualized

Total Return Ranking - Calendar

Period FFOLX Return Category Return Low Category Return High Rank in Category (%)
2019 9.7% -46.3% 66.4% 92.90%
2018 -9.1% -64.5% 4.0% 28.02%
2017 20.6% -9.3% 80.9% 37.16%
2016 9.5% -23.9% 39.4% 12.70%
2015 N/A -34.5% 13.2% N/A

NAV & Total Return History


Holdings

FFOLX - Holdings

Concentration Analysis

FFOLX Category Low Category High FFOLX % Rank
Net Assets 5.27 B 12 K 55 B 10.79%
Number of Holdings 5 1 8660 96.79%
Net Assets in Top 10 4.88 B 77.7 K 31.9 B 7.96%
Weighting of Top 10 100.00% 10.7% 109.6% 7.14%

Top 10 Holdings

  1. Fidelity® Series Total Market Index 54.45%
  2. Fidelity® Series Global ex US Index 35.84%
  3. Fidelity® Series Bond Index 6.75%
  4. Fidelity® Series Long-Term Trs Bd Idx 2.96%
  5. Fidelity Revere Str Tr 0.00%

Asset Allocation

Weighting Return Low Return High FFOLX % Rank
Stocks
88.84% 62.95% 259.02% 56.10%
Bonds
9.53% -235.37% 29.37% 23.56%
Cash
1.54% -93.75% 187.11% 69.16%
Convertible Bonds
0.08% 0.00% 6.64% 28.64%
Preferred Stocks
0.01% 0.00% 13.36% 52.17%
Other
0.00% -2.38% 75.09% 89.25%

Stock Sector Breakdown

Weighting Return Low Return High FFOLX % Rank
Technology
18.78% 0.00% 51.17% 48.99%
Financial Services
15.13% 0.00% 47.35% 31.03%
Healthcare
13.39% 0.00% 53.30% 49.23%
Consumer Cyclical
10.97% 0.00% 32.90% 50.83%
Industrials
9.77% 0.00% 47.47% 68.19%
Communication Services
9.43% 0.00% 37.99% 31.45%
Consumer Defense
8.06% 0.00% 30.49% 26.10%
Basic Materials
4.35% 0.00% 34.56% 37.63%
Energy
3.56% 0.00% 85.32% 31.87%
Real Estate
3.45% 0.00% 43.77% 57.61%
Utilities
3.13% 0.00% 80.71% 37.93%

Stock Geographic Breakdown

Weighting Return Low Return High FFOLX % Rank
US
53.80% -0.92% 78.23% 55.08%
Non US
35.04% 5.26% 193.33% 43.67%

Bond Sector Breakdown

Weighting Return Low Return High FFOLX % Rank
Government
53.58% -2.84% 85.11% 2.50%
Securitized
16.34% 0.00% 40.76% 33.35%
Corporate
15.98% 0.00% 99.82% 53.84%
Cash & Equivalents
13.80% -0.83% 187.10% 91.24%
Municipal
0.30% 0.00% 5.04% 25.43%
Derivative
0.00% -170.75% 74.30% 85.77%

Bond Geographic Breakdown

Weighting Return Low Return High FFOLX % Rank
US
9.00% -189.52% 31.35% 20.26%
Non US
0.53% -10.76% 33.33% 56.80%

Expenses

FFOLX - Expenses

Operational Fees

FFOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.08% 0.01% 45.88% 97.08%
Management Fee 0.08% 0.00% 1.60% 30.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FFOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FFOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 2.00% 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.

FFOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 77.00% 0.00% 614.00% 86.88%

Distributions

FFOLX - Distributions

Dividend Yield Analysis

FFOLX Category Low Category High FFOLX % Rank
Dividend Yield 0.00% 0.00% 10.97% 75.63%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFOLX Category Low Category High FFOLX % Rank
Net Income Ratio 1.89% -7.55% 13.14% 29.94%

Capital Gain Distribution Analysis

FFOLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FFOLX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Oct 02, 2009

10.92

10.9%

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

6.61

6.6%

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.

Finola McGuire Foley


Start Date

Tenure

Tenure Rank

Jun 15, 2018

2.21

2.2%

Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Finola McGuire Foley is co-manager of each fund, which she has managed since June 2018 (other than Fidelity Freedom® Index 2065 Fund). She has managed Fidelity Freedom® Index 2065 Fund since June 2019. She also manages other funds. Since joining Fidelity Investments in 2003, Ms. Foley has worked as an assistant portfolio manager and portfolio manager 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.02 5.18 0.67