Fidelity Freedom Index Income Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.2%
1 yr return
4.3%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
2.6%
Net Assets
$1.39 B
Holdings in Top 10
99.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIKFX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.59%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Freedom Index Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 29, 2009
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FIKFX - Performance
Return Ranking - Trailing
Period | FIKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -2.1% | 5.3% | 72.25% |
1 Yr | 4.3% | -3.4% | 9.1% | 69.11% |
3 Yr | -0.4%* | -6.5% | 2.9% | 50.00% |
5 Yr | 2.6%* | -4.8% | 4.8% | 75.00% |
10 Yr | 2.9%* | 1.3% | 4.8% | 73.68% |
* Annualized
Return Ranking - Calendar
Period | FIKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | -9.8% | 12.8% | 53.16% |
2022 | -13.7% | -38.3% | -3.8% | 23.68% |
2021 | 0.7% | -9.1% | 10.3% | 29.26% |
2020 | 6.1% | -13.4% | 12.6% | 32.93% |
2019 | 3.0% | -1.1% | 13.9% | 94.29% |
Total Return Ranking - Trailing
Period | FIKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -2.1% | 5.3% | 72.25% |
1 Yr | 4.3% | -3.4% | 9.1% | 69.11% |
3 Yr | -0.4%* | -6.5% | 2.9% | 50.00% |
5 Yr | 2.6%* | -4.8% | 4.8% | 75.00% |
10 Yr | 2.9%* | 1.3% | 4.8% | 73.68% |
* Annualized
Total Return Ranking - Calendar
Period | FIKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.3% | -9.8% | 15.4% | 68.95% |
2022 | -11.1% | -16.9% | -2.9% | 33.16% |
2021 | 2.8% | -3.8% | 10.3% | 72.87% |
2020 | 8.5% | -13.4% | 16.6% | 73.05% |
2019 | 10.6% | 4.7% | 25.2% | 84.29% |
NAV & Total Return History
FIKFX - Holdings
Concentration Analysis
FIKFX | Category Low | Category High | FIKFX % Rank | |
---|---|---|---|---|
Net Assets | 1.39 B | 1.15 M | 36 B | 14.66% |
Number of Holdings | 8 | 2 | 1464 | 88.48% |
Net Assets in Top 10 | 1.38 B | 931 K | 36.5 B | 8.90% |
Weighting of Top 10 | 99.83% | 4.5% | 101.7% | 15.82% |
Top 10 Holdings
- FIDELITY SERIES BOND INDEX FUND 43.07%
- Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund 19.53%
- Fidelity Series Total Market Index Fund 11.66%
- Fidelity Series Treasury Bill Index Fund 9.66%
- Fidelity Series Global ex U.S. Index Fund 7.74%
- Fidelity Series International Developed Markets Bond Index Fund 4.99%
- Fidelity Series Long-Term Treasury Bond Index Fund 3.17%
- Fidelity Cash Central Fund 0.00%
Asset Allocation
Weighting | Return Low | Return High | FIKFX % Rank | |
---|---|---|---|---|
Stocks | 99.83% | 0.00% | 100.13% | 26.70% |
Convertible Bonds | 0.47% | 0.00% | 6.56% | 74.35% |
Cash | 0.17% | -24.70% | 53.61% | 75.39% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 60.73% |
Other | 0.00% | -0.07% | 5.62% | 65.97% |
Bonds | 0.00% | 0.00% | 109.30% | 79.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FIKFX % Rank | |
---|---|---|---|---|
Technology | 19.23% | 16.20% | 25.61% | 29.87% |
Financial Services | 16.23% | 11.53% | 20.26% | 28.57% |
Healthcare | 12.26% | 6.38% | 14.87% | 32.47% |
Consumer Cyclical | 10.87% | 4.61% | 13.00% | 43.51% |
Industrials | 10.06% | 7.75% | 12.84% | 75.97% |
Communication Services | 7.51% | 4.20% | 8.42% | 19.48% |
Consumer Defense | 7.51% | 4.27% | 8.57% | 18.18% |
Basic Materials | 5.19% | 2.71% | 8.17% | 35.71% |
Energy | 4.84% | 2.88% | 13.48% | 35.06% |
Real Estate | 3.35% | 1.86% | 19.30% | 75.32% |
Utilities | 2.95% | 1.85% | 8.79% | 46.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FIKFX % Rank | |
---|---|---|---|---|
US | 99.83% | 0.00% | 100.13% | 26.70% |
Non US | 0.00% | 0.00% | 17.40% | 63.87% |
FIKFX - Expenses
Operational Fees
FIKFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.12% | 0.06% | 13.37% | 85.26% |
Management Fee | 0.12% | 0.00% | 0.79% | 46.37% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FIKFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FIKFX 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.
FIKFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 0.00% | 121.26% | 69.57% |
FIKFX - Distributions
Dividend Yield Analysis
FIKFX | Category Low | Category High | FIKFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.99% | 0.00% | 9.52% | 59.16% |
Dividend Distribution Analysis
FIKFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FIKFX | Category Low | Category High | FIKFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.59% | -0.06% | 5.71% | 57.54% |
Capital Gain Distribution Analysis
FIKFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Semi-Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.019 | OrdinaryDividend |
Mar 04, 2024 | $0.018 | OrdinaryDividend |
Feb 05, 2024 | $0.011 | OrdinaryDividend |
Dec 29, 2023 | $0.155 | OrdinaryDividend |
Nov 06, 2023 | $0.018 | OrdinaryDividend |
Oct 09, 2023 | $0.023 | OrdinaryDividend |
Sep 11, 2023 | $0.016 | OrdinaryDividend |
Aug 07, 2023 | $0.018 | OrdinaryDividend |
Jul 10, 2023 | $0.018 | OrdinaryDividend |
Jun 05, 2023 | $0.015 | OrdinaryDividend |
May 08, 2023 | $0.025 | OrdinaryDividend |
Apr 06, 2023 | $0.018 | OrdinaryDividend |
Mar 06, 2023 | $0.011 | OrdinaryDividend |
Feb 06, 2023 | $0.011 | OrdinaryDividend |
Dec 30, 2022 | $0.187 | OrdinaryDividend |
Nov 07, 2022 | $0.012 | OrdinaryDividend |
Oct 10, 2022 | $0.014 | OrdinaryDividend |
Sep 06, 2022 | $0.009 | OrdinaryDividend |
Aug 08, 2022 | $0.013 | OrdinaryDividend |
Jul 05, 2022 | $0.041 | OrdinaryDividend |
Jun 06, 2022 | $0.008 | OrdinaryDividend |
Apr 04, 2022 | $0.007 | OrdinaryDividend |
Mar 07, 2022 | $0.006 | OrdinaryDividend |
Feb 07, 2022 | $0.004 | OrdinaryDividend |
Nov 08, 2021 | $0.006 | OrdinaryDividend |
Oct 04, 2021 | $0.007 | OrdinaryDividend |
Sep 07, 2021 | $0.006 | OrdinaryDividend |
Aug 09, 2021 | $0.007 | OrdinaryDividend |
Jul 06, 2021 | $0.006 | OrdinaryDividend |
Jun 07, 2021 | $0.005 | OrdinaryDividend |
Apr 06, 2021 | $0.006 | OrdinaryDividend |
Mar 08, 2021 | $0.007 | OrdinaryDividend |
Feb 08, 2021 | $0.005 | OrdinaryDividend |
Nov 09, 2020 | $0.007 | OrdinaryDividend |
Oct 05, 2020 | $0.009 | OrdinaryDividend |
Sep 08, 2020 | $0.007 | OrdinaryDividend |
Aug 10, 2020 | $0.010 | OrdinaryDividend |
Jul 13, 2020 | $0.006 | OrdinaryDividend |
Jun 08, 2020 | $0.007 | OrdinaryDividend |
May 04, 2020 | $0.025 | OrdinaryDividend |
Apr 06, 2020 | $0.012 | OrdinaryDividend |
Mar 09, 2020 | $0.013 | OrdinaryDividend |
Feb 10, 2020 | $0.011 | OrdinaryDividend |
Nov 11, 2019 | $0.018 | OrdinaryDividend |
Oct 07, 2019 | $0.013 | OrdinaryDividend |
Sep 09, 2019 | $0.021 | OrdinaryDividend |
Aug 05, 2019 | $0.014 | OrdinaryDividend |
Jul 08, 2019 | $0.016 | OrdinaryDividend |
Jun 10, 2019 | $0.023 | OrdinaryDividend |
May 06, 2019 | $0.021 | OrdinaryDividend |
Apr 08, 2019 | $0.016 | OrdinaryDividend |
Mar 11, 2019 | $0.019 | OrdinaryDividend |
Feb 11, 2019 | $0.015 | OrdinaryDividend |
Dec 31, 2018 | $0.087 | OrdinaryDividend |
Nov 05, 2018 | $0.013 | OrdinaryDividend |
Sep 10, 2018 | $0.021 | OrdinaryDividend |
Aug 06, 2018 | $0.013 | OrdinaryDividend |
Jul 09, 2018 | $0.018 | OrdinaryDividend |
Jun 04, 2018 | $0.015 | OrdinaryDividend |
May 07, 2018 | $0.015 | OrdinaryDividend |
Apr 09, 2018 | $0.016 | OrdinaryDividend |
Mar 05, 2018 | $0.013 | OrdinaryDividend |
Feb 05, 2018 | $0.009 | OrdinaryDividend |
Dec 29, 2017 | $0.075 | OrdinaryDividend |
Nov 06, 2017 | $0.012 | OrdinaryDividend |
Oct 09, 2017 | $0.009 | OrdinaryDividend |
Sep 07, 2017 | $0.013 | OrdinaryDividend |
Aug 07, 2017 | $0.011 | OrdinaryDividend |
Jul 10, 2017 | $0.012 | OrdinaryDividend |
Jun 05, 2017 | $0.010 | OrdinaryDividend |
Apr 10, 2017 | $0.012 | OrdinaryDividend |
Mar 06, 2017 | $0.009 | OrdinaryDividend |
Feb 06, 2017 | $0.004 | OrdinaryDividend |
Dec 29, 2016 | $0.076 | OrdinaryDividend |
Nov 07, 2016 | $0.009 | OrdinaryDividend |
Oct 10, 2016 | $0.008 | OrdinaryDividend |
Sep 12, 2016 | $0.010 | OrdinaryDividend |
Aug 08, 2016 | $0.010 | OrdinaryDividend |
Jul 11, 2016 | $0.009 | OrdinaryDividend |
Jun 06, 2016 | $0.010 | OrdinaryDividend |
May 16, 2016 | $0.014 | OrdinaryDividend |
Apr 11, 2016 | $0.011 | OrdinaryDividend |
Mar 07, 2016 | $0.008 | OrdinaryDividend |
Feb 08, 2016 | $0.010 | OrdinaryDividend |
Dec 30, 2015 | $0.069 | OrdinaryDividend |
Nov 09, 2015 | $0.009 | OrdinaryDividend |
Oct 05, 2015 | $0.010 | OrdinaryDividend |
Sep 03, 2015 | $0.008 | OrdinaryDividend |
Aug 10, 2015 | $0.012 | OrdinaryDividend |
Jul 02, 2015 | $0.008 | OrdinaryDividend |
Jun 08, 2015 | $0.004 | OrdinaryDividend |
May 04, 2015 | $0.013 | OrdinaryDividend |
Apr 02, 2015 | $0.010 | OrdinaryDividend |
Mar 09, 2015 | $0.009 | OrdinaryDividend |
Feb 09, 2015 | $0.003 | OrdinaryDividend |
Dec 30, 2014 | $0.072 | OrdinaryDividend |
Nov 10, 2014 | $0.010 | OrdinaryDividend |
Oct 06, 2014 | $0.008 | OrdinaryDividend |
Sep 08, 2014 | $0.008 | OrdinaryDividend |
Aug 11, 2014 | $0.008 | OrdinaryDividend |
Jul 07, 2014 | $0.008 | OrdinaryDividend |
Jun 09, 2014 | $0.010 | OrdinaryDividend |
May 05, 2014 | $0.015 | OrdinaryDividend |
Apr 07, 2014 | $0.009 | OrdinaryDividend |
Mar 10, 2014 | $0.009 | OrdinaryDividend |
Feb 10, 2014 | $0.009 | OrdinaryDividend |
Dec 30, 2013 | $0.057 | OrdinaryDividend |
Nov 04, 2013 | $0.006 | OrdinaryDividend |
Oct 07, 2013 | $0.005 | OrdinaryDividend |
Sep 09, 2013 | $0.006 | OrdinaryDividend |
Aug 05, 2013 | $0.006 | OrdinaryDividend |
Jul 08, 2013 | $0.004 | OrdinaryDividend |
Jun 10, 2013 | $0.006 | OrdinaryDividend |
May 06, 2013 | $0.009 | OrdinaryDividend |
Apr 08, 2013 | $0.006 | OrdinaryDividend |
Mar 04, 2013 | $0.004 | OrdinaryDividend |
Feb 11, 2013 | $0.004 | OrdinaryDividend |
Dec 10, 2012 | $0.007 | OrdinaryDividend |
Nov 05, 2012 | $0.006 | OrdinaryDividend |
Oct 08, 2012 | $0.005 | OrdinaryDividend |
Sep 10, 2012 | $0.005 | OrdinaryDividend |
Aug 06, 2012 | $0.007 | OrdinaryDividend |
Jul 09, 2012 | $0.007 | OrdinaryDividend |
Jun 04, 2012 | $0.006 | OrdinaryDividend |
Apr 05, 2012 | $0.008 | OrdinaryDividend |
Mar 05, 2012 | $0.006 | OrdinaryDividend |
Feb 06, 2012 | $0.006 | OrdinaryDividend |
Dec 05, 2011 | $0.007 | OrdinaryDividend |
Nov 07, 2011 | $0.010 | OrdinaryDividend |
Oct 10, 2011 | $0.005 | OrdinaryDividend |
Sep 06, 2011 | $0.007 | OrdinaryDividend |
Aug 08, 2011 | $0.008 | OrdinaryDividend |
Jul 11, 2011 | $0.009 | OrdinaryDividend |
Jun 06, 2011 | $0.009 | OrdinaryDividend |
Apr 07, 2011 | $0.010 | OrdinaryDividend |
Mar 07, 2011 | $0.005 | OrdinaryDividend |
Feb 07, 2011 | $0.005 | OrdinaryDividend |
Dec 06, 2010 | $0.010 | OrdinaryDividend |
Nov 08, 2010 | $0.010 | OrdinaryDividend |
Oct 04, 2010 | $0.005 | OrdinaryDividend |
Sep 07, 2010 | $0.005 | OrdinaryDividend |
Aug 09, 2010 | $0.010 | OrdinaryDividend |
Jul 12, 2010 | $0.010 | OrdinaryDividend |
Jun 07, 2010 | $0.005 | OrdinaryDividend |
Apr 12, 2010 | $0.010 | OrdinaryDividend |
Mar 08, 2010 | $0.005 | OrdinaryDividend |
Feb 08, 2010 | $0.005 | OrdinaryDividend |
Dec 07, 2009 | $0.010 | OrdinaryDividend |
FIKFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Oct 02, 2009
12.67
12.7%
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.
Finola McGuire Foley
Start Date
Tenure
Tenure Rank
Jun 15, 2018
3.96
4.0%
Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Finola McGuire Foley is co-manager of each fund, which she has managed since June 2018 (other than Fidelity Freedom® Index 2065 Fund). She has managed Fidelity Freedom® Index 2065 Fund since June 2019. She also manages other funds. Since joining Fidelity Investments in 2003, Ms. Foley has worked as an assistant portfolio manager and portfolio manager Previously, Ms. Foley held various roles within Fidelity, including portfolio analyst and senior business analyst at Strategic Advisers LLC. She has been in the financial industry since joining Fidelity in 2005. Ms. Foley earned her BS in business information systems from University College Cork and her MBA in finance from Bentley University. She is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 6.48 | 3.75 |