FFSDX: Fidelity Freedom® 2065 Fund

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FFSDX Fidelity Freedom® 2065 Fund


Profile

FFSDX - Profile

Vitals

  • YTD Return -12.3%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $52.6 M
  • Holdings in Top 10 69.5%

52 WEEK LOW AND HIGH

$9.43
$7.58
$10.99

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) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -12.3%
  • 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 1.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2065 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 28, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • 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. It allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom ® Income Fund, approximately 10 to 19 years after the year 2065.


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Categories

Fund Company Quick Screens

FFSDX - Fund Company Quick Screens


Performance

FFSDX - Performance

Return Ranking - Trailing

Period FFSDX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.3% -45.5% 5.6% 53.97%
1 Yr N/A -53.2% 15.5% N/A
3 Yr N/A* -31.7% 20.9% N/A
5 Yr N/A* -22.0% 18.8% N/A
10 Yr N/A* -8.9% 16.4% N/A

* Annualized

Return Ranking - Calendar

Period FFSDX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -22.7% 66.4% N/A
2018 N/A -64.5% 6.7% N/A
2017 N/A -38.9% 80.9% N/A
2016 N/A -26.1% 25.7% N/A
2015 N/A -45.6% 13.2% N/A

Total Return Ranking - Trailing

Period FFSDX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.3% -45.5% 5.6% 53.97%
1 Yr N/A -53.2% 15.5% N/A
3 Yr N/A* -26.1% 20.9% N/A
5 Yr N/A* -21.6% 18.8% N/A
10 Yr N/A* -7.0% 16.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FFSDX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -21.6% 66.4% N/A
2018 N/A -64.5% 6.7% N/A
2017 N/A -20.0% 80.9% N/A
2016 N/A -23.9% 32.0% N/A
2015 N/A -45.6% 13.2% N/A

NAV & Total Return History


Holdings

FFSDX - Holdings

Concentration Analysis

FFSDX Category Low Category High FFSDX % Rank
Net Assets 52.6 M 32.2 K 99.6 B 66.33%
Number of Holdings 28 1 9854 37.87%
Net Assets in Top 10 27.3 M -97.9 M 28.3 B 68.23%
Weighting of Top 10 69.48% 9.8% 109.6% 66.21%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 11.10%
  2. Fidelity® Series International Growth 8.28%
  3. Fidelity® Series Intrinsic Opps 8.16%
  4. Fidelity® Series International Value 7.55%
  5. Fidelity® Series Large Cap Stock 7.26%
  6. Fidelity® Series Overseas 7.02%
  7. Fidelity® Series Growth Company 6.97%
  8. Fidelity® Series Stk Selec Lg Cp Val 5.50%
  9. Fidelity® Series Value Discovery 3.88%
  10. Fidelity® Series Opportunistic Insights 3.76%

Asset Allocation

Weighting Return Low Return High FFSDX % Rank
Stocks
83.38% 80.11% 259.02% 81.97%
Cash
9.34% -108.02% 17.75% 5.24%
Bonds
7.05% -235.37% 31.52% 42.13%
Preferred Stocks
0.12% 0.00% 9.79% 27.80%
Convertible Bonds
0.07% 0.00% 8.12% 24.21%
Other
0.04% -2.38% 73.59% 45.79%

Stock Sector Breakdown

Weighting Return Low Return High FFSDX % Rank
Financial Services
20.45% 0.00% 49.38% 5.13%
Technology
16.19% 0.00% 51.17% 65.83%
Healthcare
13.41% 0.00% 54.60% 51.49%
Industrials
10.97% 0.00% 47.20% 48.08%
Consumer Cyclical
10.65% 0.00% 32.90% 32.46%
Communication Services
8.31% 0.00% 68.40% 58.27%
Consumer Defense
6.71% 0.00% 32.33% 67.05%
Energy
5.04% 0.00% 85.32% 16.29%
Basic Materials
4.13% 0.00% 36.18% 36.73%
Real Estate
2.25% 0.00% 43.71% 89.02%
Utilities
1.89% 0.00% 83.02% 84.87%

Stock Geographic Breakdown

Weighting Return Low Return High FFSDX % Rank
Non US
42.42% 16.60% 207.18% 20.55%
US
40.96% -0.49% 77.34% 89.21%

Bond Sector Breakdown

Weighting Return Low Return High FFSDX % Rank
Cash & Equivalents
56.55% -0.83% 100.00% 35.29%
Government
31.76% 0.00% 100.00% 22.39%
Corporate
10.09% 0.00% 100.00% 58.10%
Securitized
1.28% 0.00% 53.54% 59.02%
Derivative
0.31% -0.66% 93.21% 22.75%
Municipal
0.01% 0.00% 38.51% 51.99%

Bond Geographic Breakdown

Weighting Return Low Return High FFSDX % Rank
US
6.06% -0.51% 30.44% 38.84%
Non US
0.99% -0.85% 6.41% 33.78%

Expenses

FFSDX - Expenses

Operational Fees

FFSDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 45.88% N/A
Management Fee 0.64% 0.00% 1.50% 71.35%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FFSDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FFSDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

FFSDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 614.00% N/A

Distributions

FFSDX - Distributions

Dividend Yield Analysis

FFSDX Category Low Category High FFSDX % Rank
Dividend Yield 1.68% 0.00% 32.56% 3.54%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFSDX Category Low Category High FFSDX % Rank
Net Income Ratio N/A -7.55% 13.14% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FFSDX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 28, 2019

0.84

0.8%

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

Jun 28, 2019

0.84

0.8%

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
0.04 37.68 4.8 0.33