Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.8%
1 yr return
15.3%
3 Yr Avg Return
2.1%
5 Yr Avg Return
8.3%
Net Assets
$1.2 B
Holdings in Top 10
74.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHFAX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 8.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.83%
- Dividend Yield 2.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2055 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 01, 2011
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FHFAX - Performance
Return Ranking - Trailing
Period | FHFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | 0.6% | 9.9% | 30.69% |
1 Yr | 15.3% | 5.1% | 20.7% | 49.50% |
3 Yr | 2.1%* | -5.0% | 5.5% | 69.39% |
5 Yr | 8.3%* | 5.1% | 9.9% | 46.95% |
10 Yr | 7.9%* | 5.3% | 8.9% | 41.05% |
* Annualized
Return Ranking - Calendar
Period | FHFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.0% | 2.5% | 21.5% | 55.50% |
2022 | -26.1% | -46.7% | -17.2% | 80.00% |
2021 | 5.8% | -9.7% | 20.3% | 63.87% |
2020 | 10.7% | 0.0% | 16.1% | 78.21% |
2019 | 18.3% | 11.6% | 23.6% | 60.12% |
Total Return Ranking - Trailing
Period | FHFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | 0.6% | 9.9% | 30.69% |
1 Yr | 15.3% | 5.1% | 20.7% | 49.50% |
3 Yr | 2.1%* | -5.0% | 5.5% | 69.39% |
5 Yr | 8.3%* | 5.1% | 9.9% | 46.95% |
10 Yr | 7.9%* | 5.3% | 8.9% | 41.05% |
* Annualized
Total Return Ranking - Calendar
Period | FHFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.9% | 10.6% | 36.3% | 75.00% |
2022 | -18.4% | -27.3% | 0.3% | 66.00% |
2021 | 15.7% | 1.2% | 22.5% | 91.62% |
2020 | 17.2% | 6.6% | 25.0% | 44.13% |
2019 | 26.4% | 21.4% | 39.5% | 30.06% |
NAV & Total Return History
FHFAX - Holdings
Concentration Analysis
FHFAX | Category Low | Category High | FHFAX % Rank | |
---|---|---|---|---|
Net Assets | 1.2 B | 2.31 M | 44.1 B | 22.77% |
Number of Holdings | 43 | 2 | 572 | 7.43% |
Net Assets in Top 10 | 845 M | 1.91 M | 41.6 B | 31.19% |
Weighting of Top 10 | 74.45% | 43.1% | 100.0% | 84.74% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.85%
- Fidelity Series Large Cap Stock Fund 9.78%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.87%
- Fidelity Series International Value Fund 7.77%
- Fidelity Advisor Series Equity Growth Fund 7.26%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.78%
- Fidelity Series Opportunistic Insights Fund 5.74%
- Fidelity Series Stock Selector Large Cap Value Fund 5.71%
Asset Allocation
Weighting | Return Low | Return High | FHFAX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.05% | 43.56% |
Cash | 0.23% | 0.00% | 14.08% | 40.10% |
Bonds | 0.17% | 0.00% | 13.02% | 23.27% |
Other | 0.12% | 0.00% | 11.68% | 13.37% |
Convertible Bonds | 0.06% | 0.00% | 1.00% | 45.54% |
Preferred Stocks | 0.00% | 0.00% | 0.16% | 5.94% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHFAX % Rank | |
---|---|---|---|---|
Financial Services | 18.90% | 12.57% | 18.90% | 0.50% |
Technology | 18.34% | 14.04% | 24.10% | 67.82% |
Industrials | 12.05% | 9.12% | 12.53% | 6.93% |
Healthcare | 11.81% | 10.32% | 14.65% | 71.78% |
Consumer Cyclical | 9.34% | 8.05% | 13.40% | 94.55% |
Communication Services | 8.00% | 5.69% | 10.32% | 15.84% |
Basic Materials | 6.79% | 3.22% | 6.79% | 0.50% |
Energy | 5.67% | 2.33% | 5.97% | 1.98% |
Consumer Defense | 5.10% | 4.68% | 11.07% | 92.57% |
Utilities | 2.11% | 1.89% | 8.12% | 95.54% |
Real Estate | 1.89% | 1.72% | 10.21% | 90.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHFAX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.05% | 43.56% |
Non US | 0.00% | 0.00% | 40.80% | 19.31% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHFAX % Rank | |
---|---|---|---|---|
Government | 51.61% | 1.77% | 73.78% | 11.88% |
Corporate | 11.30% | 0.99% | 40.57% | 57.43% |
Securitized | 2.06% | 0.00% | 27.58% | 82.67% |
Cash & Equivalents | 0.23% | 0.00% | 86.55% | 37.13% |
Derivative | 0.12% | 0.00% | 18.69% | 8.42% |
Municipal | 0.04% | 0.00% | 1.17% | 63.86% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHFAX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 11.68% | 23.27% |
Non US | 0.00% | 0.00% | 2.07% | 13.86% |
FHFAX - Expenses
Operational Fees
FHFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | 0.06% | 21.78% | 38.50% |
Management Fee | 0.75% | 0.00% | 0.93% | 94.21% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 19.59% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 5.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FHFAX 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.
FHFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 0.00% | 116.00% | 66.85% |
FHFAX - Distributions
Dividend Yield Analysis
FHFAX | Category Low | Category High | FHFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.05% | 0.00% | 5.81% | 80.69% |
Dividend Distribution Analysis
FHFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FHFAX | Category Low | Category High | FHFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.83% | -0.38% | 3.85% | 16.49% |
Capital Gain Distribution Analysis
FHFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.147 | OrdinaryDividend |
Dec 30, 2022 | $0.243 | OrdinaryDividend |
May 16, 2022 | $0.982 | OrdinaryDividend |
May 14, 2012 | $0.003 | OrdinaryDividend |
Dec 30, 2011 | $0.105 | OrdinaryDividend |
FHFAX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
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
8.36
8.4%
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 |
---|---|---|---|
0.08 | 14.26 | 5.38 | 2.41 |