Fidelity Advisor Freedom 2050 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.2%
1 yr return
23.2%
3 Yr Avg Return
4.7%
5 Yr Avg Return
9.8%
Net Assets
$1.75 B
Holdings in Top 10
74.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIJRX - Profile
Distributions
- YTD Total Return 8.2%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.18%
- Dividend Yield 2.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2050 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FIJRX - Performance
Return Ranking - Trailing
Period | FIJRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.3% | 15.0% | 23.32% |
1 Yr | 23.2% | 16.1% | 29.0% | 41.97% |
3 Yr | 4.7%* | 0.1% | 7.8% | 79.26% |
5 Yr | 9.8%* | 6.6% | 11.5% | 43.64% |
10 Yr | N/A* | 5.3% | 9.7% | 32.80% |
* Annualized
Return Ranking - Calendar
Period | FIJRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.3% | 10.2% | 21.3% | 41.67% |
2022 | -26.2% | -67.5% | -15.9% | 77.08% |
2021 | 5.5% | -7.8% | 20.4% | 65.03% |
2020 | 10.4% | 4.0% | 15.5% | 71.93% |
2019 | 17.5% | 7.4% | 23.2% | 67.68% |
Total Return Ranking - Trailing
Period | FIJRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.3% | 15.0% | 23.32% |
1 Yr | 23.2% | 16.1% | 29.0% | 41.97% |
3 Yr | 4.7%* | 0.1% | 7.8% | 79.26% |
5 Yr | 9.8%* | 6.6% | 11.5% | 43.64% |
10 Yr | N/A* | 5.3% | 9.7% | 31.71% |
* Annualized
Total Return Ranking - Calendar
Period | FIJRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.3% | 13.0% | 37.6% | 67.19% |
2022 | -19.7% | -29.3% | -2.1% | 90.63% |
2021 | 16.0% | 8.7% | 22.0% | 81.97% |
2020 | 17.6% | 7.1% | 23.1% | 39.18% |
2019 | 26.7% | 20.2% | 41.5% | 23.17% |
NAV & Total Return History
FIJRX - Holdings
Concentration Analysis
FIJRX | Category Low | Category High | FIJRX % Rank | |
---|---|---|---|---|
Net Assets | 1.75 B | 2.6 M | 56.6 B | 29.02% |
Number of Holdings | 44 | 3 | 589 | 10.36% |
Net Assets in Top 10 | 1.24 B | 2.71 M | 63.3 B | 38.34% |
Weighting of Top 10 | 74.45% | 41.9% | 100.5% | 79.68% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.86%
- 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 | FIJRX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.08% | 47.15% |
Cash | 0.24% | 0.00% | 10.14% | 39.90% |
Bonds | 0.17% | 0.00% | 18.30% | 22.28% |
Other | 0.12% | 0.00% | 3.61% | 17.62% |
Convertible Bonds | 0.06% | 0.00% | 0.93% | 61.14% |
Preferred Stocks | 0.00% | 0.00% | 0.15% | 92.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FIJRX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 12.80% | 18.83% | 3.11% |
Technology | 17.40% | 14.07% | 24.11% | 87.56% |
Healthcare | 12.39% | 10.42% | 14.66% | 58.03% |
Industrials | 11.65% | 9.14% | 12.45% | 26.42% |
Consumer Cyclical | 9.10% | 8.06% | 13.35% | 99.48% |
Communication Services | 7.68% | 5.69% | 10.23% | 24.87% |
Basic Materials | 6.86% | 3.22% | 6.86% | 3.11% |
Energy | 6.31% | 2.33% | 6.54% | 4.66% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 89.64% |
Utilities | 2.27% | 1.90% | 8.12% | 95.34% |
Real Estate | 1.95% | 1.86% | 10.17% | 91.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FIJRX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.08% | 47.15% |
Non US | 0.00% | 0.00% | 40.26% | 92.23% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FIJRX % Rank | |
---|---|---|---|---|
Government | 51.08% | 4.51% | 74.03% | 15.03% |
Corporate | 11.35% | 0.99% | 40.61% | 63.21% |
Securitized | 2.09% | 0.00% | 32.00% | 91.19% |
Cash & Equivalents | 0.24% | 0.00% | 47.58% | 38.34% |
Derivative | 0.12% | 0.00% | 18.88% | 11.40% |
Municipal | 0.04% | 0.00% | 3.03% | 66.32% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FIJRX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 16.40% | 22.28% |
Non US | 0.00% | 0.00% | 2.00% | 92.23% |
FIJRX - Expenses
Operational Fees
FIJRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.06% | 20.17% | 64.06% |
Management Fee | 0.64% | 0.00% | 0.91% | 93.16% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FIJRX 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
FIJRX 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.
FIJRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 1.00% | 110.00% | 69.89% |
FIJRX - Distributions
Dividend Yield Analysis
FIJRX | Category Low | Category High | FIJRX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.78% | 0.00% | 5.29% | 72.02% |
Dividend Distribution Analysis
FIJRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FIJRX | Category Low | Category High | FIJRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.18% | -0.36% | 4.43% | 9.04% |
Capital Gain Distribution Analysis
FIJRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.183 | OrdinaryDividend |
Dec 30, 2022 | $0.237 | OrdinaryDividend |
May 16, 2022 | $0.911 | OrdinaryDividend |
FIJRX - 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 | 17.09 | 5.73 | 2.41 |