Fidelity Freedom 2045 Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
15.0%
1 yr return
15.8%
3 Yr Avg Return
4.9%
5 Yr Avg Return
9.6%
Net Assets
$20.6 B
Holdings in Top 10
76.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FJTKX - Profile
Distributions
- YTD Total Return 15.0%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.35%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2045 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FJTKX - Performance
Return Ranking - Trailing
Period | FJTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.0% | 2.1% | 23.3% | 33.85% |
1 Yr | 15.8% | 2.6% | 22.7% | 32.82% |
3 Yr | 4.9%* | -2.0% | 7.1% | 15.46% |
5 Yr | 9.6%* | 4.3% | 10.3% | 9.83% |
10 Yr | N/A* | 5.4% | 9.8% | 19.49% |
* Annualized
Return Ranking - Calendar
Period | FJTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.3% | 4.8% | 21.3% | 8.25% |
2022 | -26.9% | -65.7% | -14.5% | 84.02% |
2021 | 3.7% | -4.7% | 18.7% | 77.84% |
2020 | 11.7% | 2.3% | 15.5% | 43.35% |
2019 | 17.2% | 8.2% | 23.0% | 70.51% |
Total Return Ranking - Trailing
Period | FJTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.0% | 2.1% | 23.3% | 33.85% |
1 Yr | 15.8% | 2.6% | 22.7% | 32.82% |
3 Yr | 4.9%* | -2.0% | 7.1% | 15.46% |
5 Yr | 9.6%* | 4.3% | 10.3% | 9.83% |
10 Yr | N/A* | 5.4% | 9.8% | 18.97% |
* Annualized
Total Return Ranking - Calendar
Period | FJTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | 11.2% | 37.0% | 20.10% |
2022 | -18.1% | -28.2% | 0.1% | 58.76% |
2021 | 16.8% | 4.2% | 22.9% | 57.30% |
2020 | 18.5% | 7.8% | 23.2% | 17.34% |
2019 | 25.8% | 21.3% | 37.2% | 36.54% |
NAV & Total Return History
FJTKX - Holdings
Concentration Analysis
FJTKX | Category Low | Category High | FJTKX % Rank | |
---|---|---|---|---|
Net Assets | 20.6 B | 6.93 M | 79.9 B | 8.72% |
Number of Holdings | 45 | 2 | 586 | 4.62% |
Net Assets in Top 10 | 16.6 B | 9.98 M | 91 B | 10.26% |
Weighting of Top 10 | 76.18% | 42.4% | 144.1% | 78.61% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.85%
- FIDELITY SERIES GROWTH COMPANY FUND 9.66%
- Fidelity Series Large Cap Stock Fund 9.19%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.88%
- Fidelity Series International Value Fund 7.86%
- Fidelity Series Stock Selector Large Cap Value Fund 6.26%
- Fidelity Series Opportunistic Insights Fund 5.77%
- Fidelity Series Value Discovery Fund 5.57%
- Fidelity Series Blue Chip Growth Fund 5.22%
Asset Allocation
Weighting | Return Low | Return High | FJTKX % Rank | |
---|---|---|---|---|
Stocks | 99.72% | 0.00% | 100.11% | 49.74% |
Cash | 0.19% | 0.00% | 45.56% | 50.26% |
Bonds | 0.16% | 0.00% | 25.62% | 18.97% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 73.85% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 56.41% |
Other | 0.00% | -0.02% | 11.52% | 93.85% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FJTKX % Rank | |
---|---|---|---|---|
Financial Services | 18.66% | 13.09% | 18.83% | 4.62% |
Technology | 16.76% | 14.05% | 23.99% | 93.85% |
Healthcare | 12.13% | 10.69% | 14.59% | 64.62% |
Industrials | 11.68% | 9.12% | 12.31% | 15.38% |
Consumer Cyclical | 11.10% | 8.06% | 13.31% | 49.74% |
Basic Materials | 6.65% | 3.18% | 6.86% | 4.62% |
Communication Services | 6.64% | 5.69% | 10.23% | 73.33% |
Energy | 6.54% | 2.33% | 6.54% | 1.54% |
Consumer Defense | 5.80% | 4.68% | 11.06% | 81.03% |
Utilities | 2.13% | 1.89% | 8.09% | 99.49% |
Real Estate | 1.90% | 1.86% | 10.17% | 99.49% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FJTKX % Rank | |
---|---|---|---|---|
US | 99.72% | 0.00% | 100.11% | 49.74% |
Non US | 0.00% | 0.00% | 38.46% | 58.46% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FJTKX % Rank | |
---|---|---|---|---|
Government | 48.10% | 11.67% | 67.01% | 14.87% |
Corporate | 10.37% | 3.21% | 43.85% | 89.23% |
Securitized | 1.94% | 0.00% | 34.36% | 93.85% |
Cash & Equivalents | 0.19% | 0.00% | 78.34% | 49.23% |
Municipal | 0.03% | 0.00% | 1.01% | 73.85% |
Derivative | 0.00% | -0.02% | 1.09% | 93.85% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FJTKX % Rank | |
---|---|---|---|---|
US | 0.16% | 0.00% | 24.00% | 18.97% |
Non US | 0.00% | 0.00% | 1.62% | 56.41% |
FJTKX - Expenses
Operational Fees
FJTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.46% | 0.01% | 19.43% | 72.82% |
Management Fee | 0.45% | 0.00% | 0.88% | 81.42% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FJTKX 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
FJTKX 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.
FJTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.42% | 115.00% | 70.62% |
FJTKX - Distributions
Dividend Yield Analysis
FJTKX | Category Low | Category High | FJTKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.14% | 74.36% |
Dividend Distribution Analysis
FJTKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FJTKX | Category Low | Category High | FJTKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.35% | -0.42% | 3.87% | 4.97% |
Capital Gain Distribution Analysis
FJTKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.185 | OrdinaryDividend |
Dec 28, 2023 | $0.007 | CapitalGainShortTerm |
May 12, 2023 | $0.063 | CapitalGainLongTerm |
Dec 29, 2022 | $0.400 | OrdinaryDividend |
May 06, 2022 | $0.860 | OrdinaryDividend |
Dec 30, 2021 | $1.035 | OrdinaryDividend |
May 14, 2021 | $0.671 | CapitalGainLongTerm |
Dec 30, 2020 | $0.397 | OrdinaryDividend |
May 08, 2020 | $0.308 | OrdinaryDividend |
Dec 30, 2019 | $0.204 | OrdinaryDividend |
Dec 30, 2019 | $0.016 | CapitalGainShortTerm |
Dec 30, 2019 | $0.120 | CapitalGainLongTerm |
May 10, 2019 | $0.014 | CapitalGainShortTerm |
May 10, 2019 | $0.464 | CapitalGainLongTerm |
Dec 28, 2018 | $0.057 | CapitalGainShortTerm |
Dec 28, 2018 | $0.254 | CapitalGainLongTerm |
Dec 28, 2018 | $0.212 | OrdinaryDividend |
May 11, 2018 | $0.011 | CapitalGainShortTerm |
May 11, 2018 | $0.320 | CapitalGainLongTerm |
Dec 28, 2017 | $0.157 | OrdinaryDividend |
Dec 28, 2017 | $0.052 | CapitalGainShortTerm |
Dec 28, 2017 | $0.142 | CapitalGainLongTerm |
FJTKX - 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 | 5.65 | 2.41 |