Fidelity Freedom 2045 Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
16.7%
1 yr return
23.8%
3 Yr Avg Return
4.8%
5 Yr Avg Return
10.6%
Net Assets
$20.6 B
Holdings in Top 10
76.3%
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 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 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FSNZX - Profile
Distributions
- YTD Total Return 16.7%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 10.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2045 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJul 25, 2017
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FSNZX - Performance
Return Ranking - Trailing
Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.7% | 10.9% | 23.8% | 43.15% |
1 Yr | 23.8% | 17.0% | 26.8% | 28.43% |
3 Yr | 4.8%* | -1.7% | 7.0% | 35.71% |
5 Yr | 10.6%* | 5.4% | 11.2% | 9.71% |
10 Yr | N/A* | 5.7% | 9.8% | 21.19% |
* Annualized
Return Ranking - Calendar
Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | 4.8% | 21.3% | 10.71% |
2022 | -26.8% | -65.7% | -14.5% | 83.67% |
2021 | 3.8% | -4.7% | 18.7% | 76.47% |
2020 | 11.7% | 2.3% | 15.5% | 41.14% |
2019 | 17.3% | 8.2% | 23.0% | 67.09% |
Total Return Ranking - Trailing
Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.7% | 10.9% | 23.8% | 43.15% |
1 Yr | 23.8% | 17.0% | 26.8% | 28.43% |
3 Yr | 4.8%* | -1.7% | 7.0% | 35.71% |
5 Yr | 10.6%* | 5.4% | 11.2% | 9.71% |
10 Yr | N/A* | 5.7% | 9.8% | 21.55% |
* Annualized
Total Return Ranking - Calendar
Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.7% | 11.2% | 37.0% | 25.51% |
2022 | -18.2% | -28.2% | 0.1% | 64.29% |
2021 | 16.6% | 4.2% | 22.9% | 62.57% |
2020 | 18.3% | 7.8% | 23.2% | 21.14% |
2019 | 25.5% | 21.3% | 37.2% | 43.04% |
NAV & Total Return History
FSNZX - Holdings
Concentration Analysis
FSNZX | Category Low | Category High | FSNZX % Rank | |
---|---|---|---|---|
Net Assets | 20.6 B | 6.93 M | 79.9 B | 7.61% |
Number of Holdings | 42 | 2 | 586 | 1.02% |
Net Assets in Top 10 | 16 B | 9.98 M | 84.8 B | 9.14% |
Weighting of Top 10 | 76.29% | 42.4% | 144.1% | 74.07% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.70%
- FIDELITY SERIES GROWTH COMPANY FUND 10.00%
- Fidelity Series Large Cap Stock Fund 9.10%
- Fidelity Series Overseas Fund 7.92%
- Fidelity Series International Growth Fund 7.86%
- Fidelity Series International Value Fund 7.79%
- Fidelity Series Stock Selector Large Cap Value Fund 6.20%
- Fidelity Series Opportunistic Insights Fund 5.88%
- Fidelity Series Value Discovery Fund 5.53%
- Fidelity Series Blue Chip Growth Fund 5.32%
Asset Allocation
Weighting | Return Low | Return High | FSNZX % Rank | |
---|---|---|---|---|
Stocks | 99.75% | 0.00% | 100.07% | 45.18% |
Cash | 0.15% | 0.00% | 45.56% | 54.31% |
Bonds | 0.14% | 0.00% | 25.62% | 14.72% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 69.04% |
Other | 0.03% | -0.02% | 11.52% | 21.83% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 22.84% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FSNZX % Rank | |
---|---|---|---|---|
Financial Services | 18.66% | 13.09% | 18.83% | 3.55% |
Technology | 16.76% | 14.05% | 23.99% | 92.89% |
Healthcare | 12.13% | 10.69% | 14.59% | 63.96% |
Industrials | 11.68% | 9.12% | 12.31% | 15.23% |
Consumer Cyclical | 11.10% | 8.06% | 13.31% | 47.72% |
Basic Materials | 6.65% | 3.18% | 6.86% | 3.55% |
Communication Services | 6.64% | 5.69% | 10.23% | 71.57% |
Energy | 6.54% | 2.33% | 6.54% | 0.51% |
Consumer Defense | 5.80% | 4.68% | 11.06% | 80.20% |
Utilities | 2.13% | 1.89% | 8.09% | 98.48% |
Real Estate | 1.90% | 1.86% | 10.17% | 98.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FSNZX % Rank | |
---|---|---|---|---|
US | 99.75% | 0.00% | 100.07% | 45.18% |
Non US | 0.00% | 0.00% | 38.46% | 29.95% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FSNZX % Rank | |
---|---|---|---|---|
Government | 48.10% | 11.67% | 67.01% | 13.71% |
Corporate | 10.37% | 3.21% | 43.85% | 88.32% |
Securitized | 1.94% | 0.00% | 34.36% | 92.89% |
Cash & Equivalents | 0.15% | 0.00% | 78.34% | 50.76% |
Derivative | 0.03% | -0.02% | 0.14% | 9.14% |
Municipal | 0.03% | 0.00% | 1.01% | 71.57% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FSNZX % Rank | |
---|---|---|---|---|
US | 0.14% | 0.00% | 24.00% | 14.72% |
Non US | 0.00% | 0.00% | 1.62% | 26.40% |
FSNZX - Expenses
Operational Fees
FSNZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.01% | 19.43% | 61.93% |
Management Fee | 0.64% | 0.00% | 0.89% | 92.43% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FSNZX 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
FSNZX 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.
FSNZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.42% | 115.00% | 69.83% |
FSNZX - Distributions
Dividend Yield Analysis
FSNZX | Category Low | Category High | FSNZX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.14% | 76.65% |
Dividend Distribution Analysis
FSNZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FSNZX | Category Low | Category High | FSNZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.20% | -0.42% | 3.87% | 9.29% |
Capital Gain Distribution Analysis
FSNZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.170 | OrdinaryDividend |
Dec 28, 2023 | $0.007 | CapitalGainShortTerm |
May 12, 2023 | $0.063 | CapitalGainLongTerm |
Dec 29, 2022 | $0.383 | OrdinaryDividend |
May 06, 2022 | $0.854 | OrdinaryDividend |
Dec 30, 2021 | $1.009 | OrdinaryDividend |
May 14, 2021 | $0.671 | CapitalGainLongTerm |
Dec 30, 2020 | $0.380 | OrdinaryDividend |
May 08, 2020 | $0.302 | OrdinaryDividend |
Dec 30, 2019 | $0.186 | OrdinaryDividend |
Dec 30, 2019 | $0.016 | CapitalGainShortTerm |
Dec 30, 2019 | $0.120 | CapitalGainLongTerm |
May 10, 2019 | $0.007 | CapitalGainShortTerm |
May 10, 2019 | $0.464 | CapitalGainLongTerm |
Dec 28, 2018 | $0.057 | CapitalGainShortTerm |
Dec 28, 2018 | $0.254 | CapitalGainLongTerm |
Dec 28, 2018 | $0.180 | OrdinaryDividend |
May 11, 2018 | $0.003 | CapitalGainShortTerm |
May 11, 2018 | $0.320 | CapitalGainLongTerm |
Dec 28, 2017 | $0.153 | OrdinaryDividend |
Dec 28, 2017 | $0.052 | CapitalGainShortTerm |
Dec 28, 2017 | $0.142 | CapitalGainLongTerm |
FSNZX - 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 | 5.7 | 2.41 |