FOTKX: Fidelity Freedom® 2010 K6

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FOTKX Fidelity Freedom® 2010 K6


Profile

FOTKX - Profile

Vitals

  • YTD Return -1.0%
  • 3 Yr Annualized Return -0.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $5.29 B
  • Holdings in Top 10 68.0%

52 WEEK LOW AND HIGH

$15.39
$13.55
$16.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.39%

SALES FEES

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

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2000-2010

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2010 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 07, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests in a combination of Fidelity ® domestic equity funds, international equity funds, bond funds, and short-term funds. It allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom ® Income Fund, approximately 10 to 19 years after the year 2010.


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Categories

Fund Company Quick Screens

FOTKX - Fund Company Quick Screens


Performance

FOTKX - Performance

Return Ranking - Trailing

Period FOTKX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -13.0% 6.0% 43.06%
1 Yr -0.5% -13.2% 13.9% 38.97%
3 Yr -0.7%* -19.5% 7.4% 45.90%
5 Yr N/A* -11.9% 5.0% 15.61%
10 Yr N/A* -4.1% 8.8% 25.32%

* Annualized

Return Ranking - Calendar

Period FOTKX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -1.8% 25.1% 86.18%
2018 -10.1% -30.8% -0.6% 21.33%
2017 N/A -36.9% 18.0% N/A
2016 N/A -5.2% 8.1% N/A
2015 N/A -20.8% -1.4% N/A

Total Return Ranking - Trailing

Period FOTKX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -13.0% 6.0% 43.06%
1 Yr -0.5% -13.2% 13.9% 38.87%
3 Yr 1.3%* -19.5% 7.6% 55.02%
5 Yr N/A* -11.9% 6.6% 37.29%
10 Yr N/A* -4.1% 8.9% 62.39%

* Annualized

Total Return Ranking - Calendar

Period FOTKX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -1.8% 25.1% 86.18%
2018 -7.9% -25.4% 1.3% 42.86%
2017 N/A -36.9% 24.6% N/A
2016 N/A -3.2% 12.3% N/A
2015 N/A -20.6% 2.9% N/A

NAV & Total Return History


Holdings

FOTKX - Holdings

Concentration Analysis

FOTKX Category Low Category High FOTKX % Rank
Net Assets 5.29 B 117 K 32.3 B 6.21%
Number of Holdings 34 1 518 9.79%
Net Assets in Top 10 3.55 B 0 22.5 B 9.00%
Weighting of Top 10 68.01% 0.0% 100.0% 84.46%

Top 10 Holdings

  1. Fidelity® Series Investment Grade Bond 32.40%
  2. Fidelity® Series Infl-Prtct Bd Idx 9.26%
  3. Fidelity® Series Emerging Markets Opps 6.63%
  4. Fidelity® Series Short-Term Credit 3.37%
  5. Fidelity® Series International Growth 3.05%
  6. Fidelity® Series Overseas 2.87%
  7. Fidelity® Series International Value 2.73%
  8. Fidelity® Series Growth Company 2.64%
  9. Fidelity® Series Intrinsic Opps 2.57%
  10. Fidelity® Series Commodity Strategy 2.50%

Asset Allocation

Weighting Return Low Return High FOTKX % Rank
Bonds
47.42% -156.19% 71.82% 27.97%
Stocks
31.90% 0.00% 79.98% 89.86%
Cash
20.45% -20.14% 187.11% 7.26%
Convertible Bonds
0.60% 0.00% 5.25% 24.65%
Preferred Stocks
0.11% 0.00% 37.83% 27.80%
Other
-0.50% -0.84% 52.71% 97.20%

Stock Sector Breakdown

Weighting Return Low Return High FOTKX % Rank
Financial Services
18.97% 3.80% 19.78% 1.84%
Technology
17.61% 3.36% 21.19% 40.67%
Healthcare
13.49% 1.80% 17.39% 60.39%
Consumer Cyclical
11.65% 2.04% 13.79% 5.61%
Industrials
9.75% 1.74% 13.02% 71.95%
Communication Services
8.49% 0.38% 15.67% 53.72%
Consumer Defense
6.50% 1.11% 15.23% 91.41%
Basic Materials
4.96% 0.82% 6.03% 9.90%
Energy
4.61% 0.98% 8.72% 7.27%
Real Estate
2.31% 0.46% 20.80% 96.84%
Utilities
1.66% 0.00% 5.32% 92.11%

Stock Geographic Breakdown

Weighting Return Low Return High FOTKX % Rank
Non US
18.33% 0.00% 61.22% 59.62%
US
13.57% 0.00% 59.49% 94.84%

Bond Sector Breakdown

Weighting Return Low Return High FOTKX % Rank
Cash & Equivalents
29.72% 0.07% 187.10% 12.15%
Government
28.16% -2.84% 56.47% 68.09%
Corporate
24.31% 0.00% 99.61% 58.39%
Securitized
17.30% 0.00% 36.15% 53.06%
Municipal
0.48% 0.00% 3.64% 27.19%
Derivative
0.04% -170.75% 41.63% 61.01%

Bond Geographic Breakdown

Weighting Return Low Return High FOTKX % Rank
US
41.66% -189.52% 67.03% 25.96%
Non US
5.76% -62.88% 33.33% 34.35%

Expenses

FOTKX - Expenses

Operational Fees

FOTKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.39% 0.01% 108.96% 69.70%
Management Fee 0.38% 0.00% 0.93% 79.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FOTKX 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

FOTKX 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.

FOTKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 2.60% 150.00% 19.80%

Distributions

FOTKX - Distributions

Dividend Yield Analysis

FOTKX Category Low Category High FOTKX % Rank
Dividend Yield 0.00% 0.00% 5.64% 77.93%

Dividend Distribution Analysis

FOTKX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

FOTKX Category Low Category High FOTKX % Rank
Net Income Ratio 1.97% -0.22% 5.83% 54.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FOTKX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.01

9.0%

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

6.44

6.4%

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
0.08 15.67 5.3 1.83