Fidelity Advisor Freedom 2050 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.2%
1 yr return
24.7%
3 Yr Avg Return
5.3%
5 Yr Avg Return
10.5%
Net Assets
$1.75 B
Holdings in Top 10
74.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FVGLX - Profile
Distributions
- YTD Total Return 8.2%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.33%
- Dividend Yield 2.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2050 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassZ6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FVGLX - Performance
Return Ranking - Trailing
Period | FVGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.3% | 15.0% | 25.91% |
1 Yr | 24.7% | 16.1% | 29.0% | 37.31% |
3 Yr | 5.3%* | 0.1% | 7.8% | 49.47% |
5 Yr | 10.5%* | 6.6% | 11.5% | 12.12% |
10 Yr | N/A* | 5.3% | 9.7% | 28.80% |
* Annualized
Return Ranking - Calendar
Period | FVGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | 10.2% | 21.3% | 34.90% |
2022 | -26.1% | -67.5% | -15.9% | 76.04% |
2021 | 5.7% | -7.8% | 20.4% | 61.75% |
2020 | 10.5% | 4.0% | 15.5% | 68.42% |
2019 | 17.8% | 7.4% | 23.2% | 64.63% |
Total Return Ranking - Trailing
Period | FVGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.3% | 15.0% | 25.91% |
1 Yr | 24.7% | 16.1% | 29.0% | 37.31% |
3 Yr | 5.3%* | 0.1% | 7.8% | 49.47% |
5 Yr | 10.5%* | 6.6% | 11.5% | 12.12% |
10 Yr | N/A* | 5.3% | 9.7% | 27.64% |
* Annualized
Total Return Ranking - Calendar
Period | FVGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.6% | 13.0% | 37.6% | 61.98% |
2022 | -18.1% | -29.3% | -2.1% | 56.25% |
2021 | 16.2% | 8.7% | 22.0% | 78.69% |
2020 | 17.8% | 7.1% | 23.1% | 35.67% |
2019 | 26.9% | 20.2% | 41.5% | 20.73% |
NAV & Total Return History
FVGLX - Holdings
Concentration Analysis
FVGLX | Category Low | Category High | FVGLX % Rank | |
---|---|---|---|---|
Net Assets | 1.75 B | 2.6 M | 56.6 B | 26.94% |
Number of Holdings | 44 | 3 | 589 | 8.29% |
Net Assets in Top 10 | 1.24 B | 2.71 M | 63.3 B | 36.27% |
Weighting of Top 10 | 74.45% | 41.9% | 100.5% | 77.54% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.86%
- Fidelity Series Large Cap Stock Fund 9.78%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.87%
- Fidelity Series International Value Fund 7.77%
- Fidelity Advisor Series Equity Growth Fund 7.26%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.78%
- Fidelity Series Opportunistic Insights Fund 5.74%
- Fidelity Series Stock Selector Large Cap Value Fund 5.71%
Asset Allocation
Weighting | Return Low | Return High | FVGLX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.08% | 45.08% |
Cash | 0.24% | 0.00% | 10.14% | 37.82% |
Bonds | 0.17% | 0.00% | 18.30% | 20.21% |
Other | 0.12% | 0.00% | 3.61% | 15.54% |
Convertible Bonds | 0.06% | 0.00% | 0.93% | 58.03% |
Preferred Stocks | 0.00% | 0.00% | 0.15% | 54.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FVGLX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 12.80% | 18.83% | 1.04% |
Technology | 17.40% | 14.07% | 24.11% | 85.49% |
Healthcare | 12.39% | 10.42% | 14.66% | 55.96% |
Industrials | 11.65% | 9.14% | 12.45% | 24.35% |
Consumer Cyclical | 9.10% | 8.06% | 13.35% | 97.41% |
Communication Services | 7.68% | 5.69% | 10.23% | 22.80% |
Basic Materials | 6.86% | 3.22% | 6.86% | 1.04% |
Energy | 6.31% | 2.33% | 6.54% | 2.59% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 86.53% |
Utilities | 2.27% | 1.90% | 8.12% | 93.26% |
Real Estate | 1.95% | 1.86% | 10.17% | 89.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FVGLX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.08% | 45.08% |
Non US | 0.00% | 0.00% | 40.26% | 61.14% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FVGLX % Rank | |
---|---|---|---|---|
Government | 51.08% | 4.51% | 74.03% | 12.95% |
Corporate | 11.35% | 0.99% | 40.61% | 61.14% |
Securitized | 2.09% | 0.00% | 32.00% | 89.12% |
Cash & Equivalents | 0.24% | 0.00% | 47.58% | 36.27% |
Derivative | 0.12% | 0.00% | 18.88% | 9.33% |
Municipal | 0.04% | 0.00% | 3.03% | 64.25% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FVGLX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 16.40% | 20.21% |
Non US | 0.00% | 0.00% | 2.00% | 57.51% |
FVGLX - Expenses
Operational Fees
FVGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.06% | 20.17% | 78.65% |
Management Fee | 0.45% | 0.00% | 0.91% | 81.58% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FVGLX 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
FVGLX 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.
FVGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 1.00% | 110.00% | 67.61% |
FVGLX - Distributions
Dividend Yield Analysis
FVGLX | Category Low | Category High | FVGLX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.77% | 0.00% | 5.29% | 72.54% |
Dividend Distribution Analysis
FVGLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FVGLX | Category Low | Category High | FVGLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.33% | -0.36% | 4.43% | 6.38% |
Capital Gain Distribution Analysis
FVGLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.184 | OrdinaryDividend |
Dec 30, 2022 | $0.224 | OrdinaryDividend |
May 16, 2022 | $0.914 | OrdinaryDividend |
Dec 31, 2018 | $0.235 | OrdinaryDividend |
FVGLX - 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 | 17.09 | 5.73 | 2.41 |