Fidelity Freedom 2040 Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
15.1%
1 yr return
22.2%
3 Yr Avg Return
4.0%
5 Yr Avg Return
10.4%
Net Assets
$28.9 B
Holdings in Top 10
71.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHTKX - Profile
Distributions
- YTD Total Return 15.1%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.35%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2040 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FHTKX - Performance
Return Ranking - Trailing
Period | FHTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.1% | 9.6% | 22.4% | 18.52% |
1 Yr | 22.2% | 15.5% | 26.1% | 10.58% |
3 Yr | 4.0%* | -1.7% | 6.1% | 21.81% |
5 Yr | 10.4%* | 5.7% | 10.7% | 2.40% |
10 Yr | N/A* | 5.4% | 9.3% | 17.46% |
* Annualized
Return Ranking - Calendar
Period | FHTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.9% | 9.0% | 18.3% | 5.32% |
2022 | -27.0% | -60.3% | -15.8% | 87.77% |
2021 | 3.6% | -6.3% | 17.5% | 72.07% |
2020 | 11.0% | 3.3% | 14.9% | 47.90% |
2019 | 17.0% | 6.0% | 22.6% | 61.88% |
Total Return Ranking - Trailing
Period | FHTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.1% | 9.6% | 22.4% | 18.52% |
1 Yr | 22.2% | 15.5% | 26.1% | 10.58% |
3 Yr | 4.0%* | -1.7% | 6.1% | 21.81% |
5 Yr | 10.4%* | 5.7% | 10.7% | 2.40% |
10 Yr | N/A* | 5.4% | 9.3% | 16.13% |
* Annualized
Total Return Ranking - Calendar
Period | FHTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.3% | 11.9% | 37.9% | 17.02% |
2022 | -18.1% | -29.4% | -2.8% | 66.49% |
2021 | 16.7% | 8.3% | 22.1% | 29.61% |
2020 | 18.5% | 8.2% | 22.1% | 14.37% |
2019 | 25.7% | 19.6% | 40.1% | 31.88% |
NAV & Total Return History
FHTKX - Holdings
Concentration Analysis
FHTKX | Category Low | Category High | FHTKX % Rank | |
---|---|---|---|---|
Net Assets | 28.9 B | 7.86 M | 82.6 B | 8.47% |
Number of Holdings | 43 | 3 | 590 | 5.29% |
Net Assets in Top 10 | 21 B | 7.3 M | 87 B | 10.05% |
Weighting of Top 10 | 71.92% | 41.1% | 139.0% | 81.28% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.22%
- FIDELITY SERIES GROWTH COMPANY FUND 9.39%
- Fidelity Series Large Cap Stock Fund 8.56%
- Fidelity Series Overseas Fund 7.45%
- Fidelity Series International Growth Fund 7.41%
- Fidelity Series International Value Fund 7.36%
- Fidelity Series Stock Selector Large Cap Value Fund 5.83%
- Fidelity Series Opportunistic Insights Fund 5.52%
- Fidelity Series Value Discovery Fund 5.20%
- Fidelity Series Blue Chip Growth Fund 5.00%
Asset Allocation
Weighting | Return Low | Return High | FHTKX % Rank | |
---|---|---|---|---|
Stocks | 99.74% | 0.00% | 100.25% | 49.74% |
Cash | 0.15% | 0.00% | 40.33% | 49.74% |
Bonds | 0.14% | 0.00% | 16.22% | 11.11% |
Convertible Bonds | 0.07% | 0.00% | 0.98% | 82.01% |
Other | 0.03% | -0.02% | 3.30% | 18.52% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 46.56% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHTKX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.11% | 18.83% | 2.12% |
Technology | 17.55% | 13.94% | 24.03% | 84.66% |
Industrials | 12.06% | 9.02% | 12.29% | 7.41% |
Healthcare | 11.60% | 10.75% | 14.53% | 86.77% |
Consumer Cyclical | 11.31% | 8.05% | 13.32% | 44.44% |
Communication Services | 6.85% | 5.69% | 10.24% | 67.72% |
Basic Materials | 6.49% | 3.14% | 6.86% | 4.23% |
Energy | 5.97% | 2.33% | 6.31% | 4.23% |
Consumer Defense | 5.42% | 4.68% | 11.06% | 89.95% |
Utilities | 2.01% | 1.90% | 8.13% | 98.94% |
Real Estate | 1.90% | 1.87% | 10.11% | 98.94% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHTKX % Rank | |
---|---|---|---|---|
US | 99.74% | 0.00% | 100.25% | 49.74% |
Non US | 0.00% | 0.00% | 31.64% | 50.26% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHTKX % Rank | |
---|---|---|---|---|
Government | 47.31% | 13.41% | 62.05% | 25.40% |
Corporate | 11.66% | 4.05% | 50.07% | 88.36% |
Securitized | 3.40% | 0.00% | 36.42% | 94.18% |
Cash & Equivalents | 0.15% | 0.00% | 49.63% | 44.97% |
Municipal | 0.08% | 0.00% | 4.64% | 67.20% |
Derivative | 0.03% | -0.02% | 0.09% | 7.94% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHTKX % Rank | |
---|---|---|---|---|
US | 0.14% | 0.00% | 15.24% | 11.11% |
Non US | 0.00% | 0.00% | 1.18% | 47.09% |
FHTKX - Expenses
Operational Fees
FHTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.01% | 6.94% | 77.78% |
Management Fee | 0.44% | 0.00% | 0.87% | 81.18% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHTKX 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
FHTKX 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.
FHTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 2.00% | 112.00% | 71.35% |
FHTKX - Distributions
Dividend Yield Analysis
FHTKX | Category Low | Category High | FHTKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.83% | 77.25% |
Dividend Distribution Analysis
FHTKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FHTKX | Category Low | Category High | FHTKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.35% | -0.21% | 4.18% | 6.52% |
Capital Gain Distribution Analysis
FHTKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.167 | OrdinaryDividend |
Dec 28, 2023 | $0.007 | CapitalGainShortTerm |
May 12, 2023 | $0.035 | CapitalGainLongTerm |
Dec 29, 2022 | $0.358 | OrdinaryDividend |
May 06, 2022 | $0.764 | OrdinaryDividend |
Dec 30, 2021 | $0.905 | OrdinaryDividend |
May 14, 2021 | $0.595 | CapitalGainLongTerm |
Dec 30, 2020 | $0.407 | OrdinaryDividend |
May 08, 2020 | $0.287 | OrdinaryDividend |
Dec 30, 2019 | $0.182 | OrdinaryDividend |
Dec 30, 2019 | $0.029 | CapitalGainShortTerm |
Dec 30, 2019 | $0.103 | CapitalGainLongTerm |
May 10, 2019 | $0.009 | CapitalGainShortTerm |
May 10, 2019 | $0.415 | CapitalGainLongTerm |
Dec 28, 2018 | $0.055 | CapitalGainShortTerm |
Dec 28, 2018 | $0.221 | CapitalGainLongTerm |
Dec 28, 2018 | $0.187 | OrdinaryDividend |
May 11, 2018 | $0.011 | CapitalGainShortTerm |
May 11, 2018 | $0.291 | CapitalGainLongTerm |
Dec 28, 2017 | $0.147 | CapitalGainLongTerm |
Dec 28, 2017 | $0.140 | OrdinaryDividend |
Dec 28, 2017 | $0.047 | CapitalGainShortTerm |
FHTKX - 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 | 17.59 | 5.83 | 2.41 |