FIJRX: Fidelity Advisor Freedom® 2050 Z

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FIJRX Fidelity Advisor Freedom® 2050 Z


Profile

FIJRX - Profile

Vitals

  • YTD Return -12.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.11 B
  • Holdings in Top 10 71.7%

52 WEEK LOW AND HIGH

$10.39
$8.37
$12.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.65%

SALES FEES

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

BROKERAGE FEES

  • Turnover 32.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -12.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Advisor Freedom® 2050 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Oct 02, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests primarily in a combination of Fidelity® domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds). It allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Advisor Freedom® Income Fund.


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Categories

Fund Company Quick Screens

FIJRX - Fund Company Quick Screens


Performance

FIJRX - Performance

Return Ranking - Trailing

Period FIJRX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -42.4% 8.6% 87.90%
1 Yr -1.6% -49.9% 22.1% 60.42%
3 Yr N/A* -29.7% 23.6% 1.59%
5 Yr N/A* -21.5% 20.1% 1.58%
10 Yr N/A* -8.7% 17.0% 1.89%

* Annualized

Return Ranking - Calendar

Period FIJRX Return Category Return Low Category Return High Rank in Category (%)
2019 17.5% -22.7% 66.4% 61.07%
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 FIJRX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -42.4% 8.6% 87.90%
1 Yr -1.6% -49.9% 22.1% 60.42%
3 Yr N/A* -24.7% 23.6% 1.67%
5 Yr N/A* -20.8% 20.1% 3.06%
10 Yr N/A* -6.9% 17.0% 2.83%

* Annualized

Total Return Ranking - Calendar

Period FIJRX Return Category Return Low Category Return High Rank in Category (%)
2019 17.5% -21.6% 66.4% 61.07%
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

FIJRX - Holdings

Concentration Analysis

FIJRX Category Low Category High FIJRX % Rank
Net Assets 1.11 B 32.2 K 99.6 B 21.38%
Number of Holdings 32 1 9854 32.48%
Net Assets in Top 10 724 M -97.9 M 28.3 B 21.19%
Weighting of Top 10 71.68% 9.8% 109.6% 59.44%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 10.97%
  2. Fidelity® Series Large Cap Stock 9.86%
  3. Fidelity® Series International Growth 8.35%
  4. Fidelity® Series International Value 7.47%
  5. Fidelity® Series Overseas 6.92%
  6. Fidelity® Series Value Discovery 6.29%
  7. Fidelity® Series Stk Selec Lg Cp Val 6.09%
  8. Fidelity Advisor® Series Equity Gr 6.07%
  9. Fidelity® Series Opportunistic Insights 5.74%
  10. Fidelity Advisor® Series Growth Opps 3.92%

Asset Allocation

Weighting Return Low Return High FIJRX % Rank
Stocks
84.51% 80.06% 259.02% 72.77%
Cash
8.89% -108.02% 17.75% 7.71%
Bonds
6.54% -235.37% 31.52% 46.08%
Preferred Stocks
0.18% 0.00% 9.79% 23.98%
Convertible Bonds
0.07% 0.00% 8.12% 28.66%
Other
-0.19% -2.38% 73.59% 95.87%

Stock Sector Breakdown

Weighting Return Low Return High FIJRX % Rank
Financial Services
20.62% 0.00% 49.38% 5.04%
Technology
17.23% 0.00% 51.17% 45.32%
Healthcare
12.77% 0.00% 54.60% 65.25%
Industrials
11.26% 0.00% 47.20% 40.22%
Communication Services
9.14% 0.00% 68.40% 33.48%
Consumer Cyclical
8.72% 0.00% 32.90% 77.58%
Consumer Defense
6.83% 0.00% 32.33% 66.40%
Energy
4.81% 0.00% 85.32% 23.82%
Basic Materials
4.17% 0.00% 36.18% 31.23%
Real Estate
2.57% 0.00% 43.71% 83.90%
Utilities
1.89% 0.00% 83.02% 86.70%

Stock Geographic Breakdown

Weighting Return Low Return High FIJRX % Rank
US
44.93% -0.49% 77.34% 85.06%
Non US
39.58% 16.60% 207.18% 28.72%

Bond Sector Breakdown

Weighting Return Low Return High FIJRX % Rank
Cash & Equivalents
57.01% -0.92% 100.00% 34.41%
Government
31.53% 0.00% 100.00% 23.39%
Corporate
10.13% 0.00% 100.00% 58.22%
Securitized
1.01% 0.00% 53.54% 61.51%
Derivative
0.33% -0.66% 93.21% 21.50%
Municipal
0.00% 0.00% 38.51% 97.87%

Bond Geographic Breakdown

Weighting Return Low Return High FIJRX % Rank
US
5.60% -0.51% 30.44% 47.72%
Non US
0.94% -0.85% 6.41% 36.37%

Expenses

FIJRX - Expenses

Operational Fees

FIJRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.01% 45.88% 61.71%
Management Fee 0.64% 0.00% 1.50% 72.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FIJRX 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

FIJRX 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.

FIJRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 614.00% 53.40%

Distributions

FIJRX - Distributions

Dividend Yield Analysis

FIJRX Category Low Category High FIJRX % Rank
Dividend Yield 0.00% 0.00% 30.22% 96.59%

Dividend Distribution Analysis

FIJRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

FIJRX Category Low Category High FIJRX % Rank
Net Income Ratio 1.55% -7.55% 13.14% 51.39%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FIJRX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

8.84

8.8%

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

Jan 21, 2014

6.28

6.3%

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 4.83 0.33