Fidelity Freedom Index 2050 Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
14.7%
1 yr return
15.5%
3 Yr Avg Return
4.4%
5 Yr Avg Return
8.8%
Net Assets
$19.5 B
Holdings in Top 10
100.0%
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 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIPFX - Profile
Distributions
- YTD Total Return 14.7%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.74%
- Dividend Yield 0.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Index 2050 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 29, 2009
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FIPFX - Performance
Return Ranking - Trailing
Period | FIPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.7% | 5.5% | 27.3% | 59.57% |
1 Yr | 15.5% | 6.1% | 21.6% | 59.57% |
3 Yr | 4.4%* | -0.6% | 7.9% | 46.52% |
5 Yr | 8.8%* | 5.3% | 11.0% | 57.83% |
10 Yr | 8.6%* | 5.8% | 9.8% | 29.00% |
* Annualized
Return Ranking - Calendar
Period | FIPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | 10.2% | 21.3% | 32.09% |
2022 | -19.9% | -67.5% | -15.9% | 14.97% |
2021 | 13.7% | -7.8% | 20.4% | 12.92% |
2020 | 14.1% | 4.0% | 15.5% | 25.30% |
2019 | 9.5% | 7.4% | 23.2% | 98.74% |
Total Return Ranking - Trailing
Period | FIPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.7% | 5.5% | 27.3% | 59.57% |
1 Yr | 15.5% | 6.1% | 21.6% | 59.57% |
3 Yr | 4.4%* | -0.6% | 7.9% | 46.52% |
5 Yr | 8.8%* | 5.3% | 11.0% | 57.83% |
10 Yr | 8.6%* | 5.8% | 9.8% | 29.00% |
* Annualized
Total Return Ranking - Calendar
Period | FIPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.9% | 13.0% | 37.6% | 57.22% |
2022 | -18.2% | -29.3% | -2.1% | 61.50% |
2021 | 15.9% | 8.7% | 22.0% | 84.83% |
2020 | 16.4% | 7.1% | 23.1% | 58.43% |
2019 | 26.1% | 20.2% | 41.5% | 31.45% |
NAV & Total Return History
FIPFX - Holdings
Concentration Analysis
FIPFX | Category Low | Category High | FIPFX % Rank | |
---|---|---|---|---|
Net Assets | 19.5 B | 7.88 M | 75.9 B | 7.98% |
Number of Holdings | 5 | 3 | 591 | 92.55% |
Net Assets in Top 10 | 19.7 B | 10 M | 77.4 B | 7.98% |
Weighting of Top 10 | 99.98% | 40.6% | 144.3% | 18.28% |
Top 10 Holdings
- Fidelity Series Total Market Index Fund 54.01%
- Fidelity Series Global ex U.S. Index Fund 36.08%
- Fidelity Series Long-Term Treasury Bond Index Fund 4.98%
- FIDELITY SERIES BOND INDEX FUND 3.94%
- Fidelity Series International Developed Markets Bond Index Fund 0.97%
Asset Allocation
Weighting | Return Low | Return High | FIPFX % Rank | |
---|---|---|---|---|
Stocks | 99.98% | 0.00% | 100.10% | 25.53% |
Convertible Bonds | 0.05% | 0.00% | 0.93% | 63.30% |
Cash | 0.02% | 0.00% | 45.45% | 67.02% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 7.45% |
Other | 0.00% | -0.01% | 3.76% | 29.79% |
Bonds | 0.00% | 0.00% | 9.07% | 31.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FIPFX % Rank | |
---|---|---|---|---|
Technology | 19.25% | 14.07% | 24.11% | 43.09% |
Financial Services | 16.21% | 12.80% | 18.83% | 26.60% |
Healthcare | 12.27% | 10.42% | 14.66% | 58.51% |
Consumer Cyclical | 10.87% | 8.06% | 13.35% | 63.30% |
Industrials | 10.06% | 9.14% | 12.45% | 64.36% |
Communication Services | 7.51% | 5.69% | 10.23% | 37.23% |
Consumer Defense | 7.51% | 4.68% | 11.06% | 15.43% |
Basic Materials | 5.18% | 3.22% | 6.86% | 29.26% |
Energy | 4.84% | 2.33% | 6.54% | 30.32% |
Real Estate | 3.35% | 1.86% | 10.17% | 69.68% |
Utilities | 2.95% | 1.90% | 8.12% | 25.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FIPFX % Rank | |
---|---|---|---|---|
US | 99.98% | 0.00% | 100.10% | 25.53% |
Non US | 0.00% | 0.00% | 38.35% | 13.83% |
FIPFX - Expenses
Operational Fees
FIPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.12% | 0.01% | 16.02% | 96.28% |
Management Fee | 0.12% | 0.00% | 0.90% | 40.54% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FIPFX 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
FIPFX 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.
FIPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 1.00% | 110.00% | 15.79% |
FIPFX - Distributions
Dividend Yield Analysis
FIPFX | Category Low | Category High | FIPFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.08% | 0.00% | 5.32% | 47.34% |
Dividend Distribution Analysis
FIPFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FIPFX | Category Low | Category High | FIPFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.74% | -0.36% | 4.43% | 19.13% |
Capital Gain Distribution Analysis
FIPFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.446 | OrdinaryDividend |
May 12, 2023 | $0.004 | OrdinaryDividend |
Dec 29, 2022 | $0.383 | OrdinaryDividend |
May 13, 2022 | $0.016 | OrdinaryDividend |
Dec 30, 2021 | $0.412 | OrdinaryDividend |
May 14, 2021 | $0.063 | OrdinaryDividend |
Dec 30, 2020 | $0.361 | OrdinaryDividend |
May 08, 2020 | $0.061 | OrdinaryDividend |
Dec 30, 2019 | $0.329 | OrdinaryDividend |
Dec 30, 2019 | $0.214 | CapitalGainShortTerm |
Dec 30, 2019 | $2.296 | CapitalGainLongTerm |
May 10, 2019 | $0.006 | OrdinaryDividend |
May 10, 2019 | $0.011 | CapitalGainShortTerm |
May 10, 2019 | $0.021 | CapitalGainLongTerm |
Dec 28, 2018 | $0.372 | OrdinaryDividend |
May 11, 2018 | $0.008 | OrdinaryDividend |
May 11, 2018 | $0.024 | CapitalGainLongTerm |
Dec 28, 2017 | $0.324 | OrdinaryDividend |
Dec 28, 2017 | $0.017 | CapitalGainShortTerm |
May 12, 2017 | $0.005 | OrdinaryDividend |
May 12, 2017 | $0.046 | CapitalGainLongTerm |
Dec 28, 2016 | $0.324 | OrdinaryDividend |
Dec 28, 2016 | $0.008 | CapitalGainShortTerm |
May 13, 2016 | $0.006 | OrdinaryDividend |
Dec 29, 2015 | $0.295 | OrdinaryDividend |
May 18, 2015 | $0.007 | OrdinaryDividend |
Dec 30, 2014 | $0.287 | OrdinaryDividend |
Dec 30, 2014 | $0.003 | CapitalGainShortTerm |
May 12, 2014 | $0.217 | OrdinaryDividend |
May 12, 2014 | $0.003 | CapitalGainShortTerm |
May 13, 2013 | $0.006 | OrdinaryDividend |
May 13, 2013 | $0.001 | CapitalGainShortTerm |
May 13, 2013 | $0.002 | CapitalGainLongTerm |
Dec 31, 2012 | $0.202 | OrdinaryDividend |
Dec 31, 2012 | $0.010 | CapitalGainShortTerm |
Dec 31, 2012 | $0.005 | CapitalGainLongTerm |
May 14, 2012 | $0.007 | OrdinaryDividend |
Dec 30, 2011 | $0.176 | OrdinaryDividend |
Dec 30, 2011 | $0.139 | CapitalGainShortTerm |
Dec 30, 2011 | $0.019 | CapitalGainLongTerm |
May 12, 2011 | $0.005 | OrdinaryDividend |
May 12, 2011 | $0.001 | CapitalGainShortTerm |
May 12, 2011 | $0.004 | CapitalGainLongTerm |
Dec 31, 2010 | $0.135 | OrdinaryDividend |
Dec 31, 2010 | $0.015 | CapitalGainShortTerm |
Dec 31, 2010 | $0.005 | CapitalGainLongTerm |
May 17, 2010 | $0.004 | OrdinaryDividend |
Dec 29, 2009 | $0.110 | OrdinaryDividend |
Dec 29, 2009 | $0.005 | CapitalGainShortTerm |
FIPFX - 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 | 17.09 | 5.68 | 2.41 |