FTFFX: Fidelity Advisor Freedom® 2040 Fund - MutualFunds.com
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Fidelity Advisor Freedom® 2040 M

FTFFX - Snapshot

Vitals

  • YTD Return 2.3%
  • 3 Yr Annualized Return 10.4%
  • 5 Yr Annualized Return 11.9%
  • Net Assets $2.56 B
  • Holdings in Top 10 73.8%

52 WEEK LOW AND HIGH

$17.10
$10.65
$17.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.25%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $500

Fund Classification

  • Primary Theme
    Target-Date 2040
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Compare FTFFX to Popular Target-Date 2040 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Target Retirement 2040 Fund

Fund

$44.86

-0.84%

$35.84 B

1.59%

$0.72

1.33%

-

Vanguard Institutional Target Retirement 2040 Fund

Fund

$29.74

-0.83%

$33.38 B

1.63%

$0.49

1.33%

-

Fidelity Freedom® 2040 Fund

Fund

$12.07

-0.98%

$27.46 B

1.02%

$0.12

2.72%

-

American Funds 2040 Target Date Retirement Fund®

Fund

$18.81

-0.84%

$24.13 B

0.76%

$0.14

1.29%

-

T. Rowe Price Retirement 2040 Fund

Fund

$30.94

-0.87%

$15.76 B

0.80%

$0.25

1.68%

-

FTFFX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 9.1%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Advisor Freedom® 2040 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jul 24, 2003
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests primarily in a combination of Fidelity® domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds). It allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the Fidelity Advisor Freedom® Income Fund.

FTFFX - Performance

Return Ranking - Trailing

Period FTFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 0.9% 2.9% 10.53%
1 Yr 16.8% 8.2% 20.0% 22.12%
3 Yr 10.4%* 5.3% 11.8% 20.59%
5 Yr 11.9%* 8.0% 13.0% 21.98%
10 Yr 9.0%* 6.0% 11.1% 56.80%

* Annualized

Return Ranking - Calendar

Period FTFFX Return Category Return Low Category Return High Rank in Category (%)
2020 9.3% 1.3% 14.9% 70.83%
2019 17.5% 4.1% 22.6% 45.71%
2018 -17.9% -23.1% -6.9% 78.07%
2017 15.1% -15.1% 18.8% 53.14%
2016 2.9% -0.2% 8.2% 71.90%

Total Return Ranking - Trailing

Period FTFFX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 0.9% 2.9% 10.53%
1 Yr 12.7% 3.6% 20.0% 71.30%
3 Yr 9.1%* 3.6% 11.8% 54.46%
5 Yr 11.1%* 6.9% 13.0% 42.78%
10 Yr 8.6%* 6.0% 11.1% 69.92%

* Annualized

Total Return Ranking - Calendar

Period FTFFX Return Category Return Low Category Return High Rank in Category (%)
2020 9.3% 1.3% 14.9% 70.83%
2019 17.5% 4.1% 22.6% 45.71%
2018 -14.3% -23.1% -5.5% 67.91%
2017 21.0% -15.1% 26.3% 9.14%
2016 7.8% -0.1% 10.6% 27.45%

NAV & Total Return History

FTFFX - Holdings

Concentration Analysis

FTFFX Category Low Category High FTFFX % Rank
Net Assets 2.56 B 150 K 35.8 B 23.71%
Number of Holdings 35 1 529 5.68%
Net Assets in Top 10 1.82 B 117 K 34.3 B 24.02%
Weighting of Top 10 73.82% 38.0% 100.0% 72.43%

Top 10 Holdings

  1. Fidelity® Series Emerging Markets Opps 14.07%
  2. Fidelity® Series Large Cap Stock 10.25%
  3. Fidelity® Series International Value 7.23%
  4. Fidelity® Series Overseas 6.79%
  5. Fidelity® Series International Growth 6.63%
  6. Fidelity® Series Value Discovery 6.52%
  7. Fidelity® Series Stk Selec Lg Cp Val 6.43%
  8. Fidelity Advisor® Series Equity Gr 6.06%
  9. Fidelity® Series Opportunistic Insights 5.52%
  10. Fidelity Advisor® Series Growth Opps 4.30%

Asset Allocation

Weighting Return Low Return High FTFFX % Rank
Stocks 		89.16% 40.01% 90.28% 8.73%
Bonds 		5.51% 1.95% 94.30% 96.51%
Cash 		4.71% -74.97% 17.39% 24.02%
Other 		0.36% -0.54% 39.56% 32.31%
Preferred Stocks 		0.17% 0.00% 0.93% 21.40%
Convertible Bonds 		0.08% 0.00% 0.96% 81.22%

Stock Sector Breakdown

Weighting Return Low Return High FTFFX % Rank
Technology 		19.25% 12.42% 21.81% 40.17%
Financial Services 		16.45% 10.73% 17.16% 2.62%
Healthcare 		13.04% 10.06% 18.09% 51.09%
Consumer Cyclical 		11.40% 9.42% 13.45% 74.67%
Industrials 		11.13% 8.75% 14.46% 36.68%
Communication Services 		9.99% 6.03% 11.05% 8.30%
Consumer Defense 		6.13% 5.13% 12.32% 88.21%
Basic Materials 		4.92% 2.43% 7.10% 13.97%
Energy 		3.19% 1.64% 4.02% 19.65%
Utilities 		2.47% 0.79% 4.53% 88.65%
Real Estate 		2.03% 1.86% 9.74% 96.51%

Stock Geographic Breakdown

Weighting Return Low Return High FTFFX % Rank
US 		46.03% 9.38% 65.08% 79.91%
Non US 		43.13% 11.77% 44.85% 2.18%

Bond Sector Breakdown

Weighting Return Low Return High FTFFX % Rank
Cash & Equivalents 		45.29% 1.00% 49.67% 4.37%
Government 		40.53% 8.94% 61.68% 21.83%
Corporate 		12.44% 0.10% 59.02% 86.03%
Securitized 		1.22% 0.00% 33.79% 92.58%
Derivative 		0.51% 0.00% 23.27% 28.82%
Municipal 		0.01% 0.00% 13.58% 73.80%

Bond Geographic Breakdown

Weighting Return Low Return High FTFFX % Rank
US 		4.78% 0.38% 65.63% 96.51%
Non US 		0.73% -13.66% 65.92% 86.46%

FTFFX - Expenses

Operational Fees

FTFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.01% 12.08% 18.57%
Management Fee 0.75% 0.00% 0.88% 95.63%
12b-1 Fee 0.50% 0.00% 1.00% 67.44%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FTFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 3.50% 5.75% 96.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FTFFX 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.

FTFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 2.00% 101.00% 49.55%

FTFFX - Distributions

Dividend Yield Analysis

FTFFX Category Low Category High FTFFX % Rank
Dividend Yield 0.00% 0.00% 0.15% 3.45%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FTFFX Category Low Category High FTFFX % Rank
Net Income Ratio 0.92% -0.27% 6.94% 93.58%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FTFFX - Fund Manager Analysis

Managers

Andrew Dierdorf

Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.51

9.5%

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

6.95

7.0%

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 16.18 5.43 1.0

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