FVIPX: Fidelity Freedom® Index 2065 Fund - MutualFunds.com

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Fidelity Freedom® Index 2065 Premier

FVIPX - Snapshot

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $61.4 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$11.10
$10.02
$11.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 103.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2060+

Compare FVIPX to Popular Target-Date 2060+ Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$39.49

-1.57%

$6.03 B

2.00%

$0.80

3.49%

$27.29

-1.55%

$3.96 B

1.96%

$0.54

3.53%

$14.61

+0.28%

$3.27 B

0.70%

$0.10

7.74%

0.40%

$12.82

+0.39%

$2.29 B

1.45%

$0.19

2.97%

0.75%

$13.27

-1.78%

$1.18 B

1.18%

$0.16

5.07%

0.36%

FVIPX - Profile

Distributions

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

Fund Details

  • Legal Name
    Fidelity Freedom® Index 2065 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 24, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brett Sumsion

Fund Description

The fund invests in a combination of Fidelity® domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index.


FVIPX - Performance

Return Ranking - Trailing

Period FVIPX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.6% 8.1% N/A
1 Yr 10.5% 0.2% 14.5% 31.56%
3 Yr N/A* 3.8% 9.3% N/A
5 Yr N/A* 7.2% 11.6% N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FVIPX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 11.7% 29.3% N/A
2018 N/A -23.9% -7.8% N/A
2017 N/A 13.0% 20.8% N/A
2016 N/A 1.7% 8.6% N/A
2015 N/A -5.8% -1.8% N/A

Total Return Ranking - Trailing

Period FVIPX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.6% 8.1% N/A
1 Yr 10.5% -4.7% 14.5% 28.63%
3 Yr N/A* 2.3% 9.3% N/A
5 Yr N/A* 6.6% 11.6% N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FVIPX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 11.7% 29.3% N/A
2018 N/A -23.9% -5.7% N/A
2017 N/A 14.1% 22.7% N/A
2016 N/A 1.7% 11.0% N/A
2015 N/A -5.8% -0.2% N/A

NAV & Total Return History


FVIPX - Holdings

Concentration Analysis

FVIPX Category Low Category High FVIPX % Rank
Net Assets 61.4 M 24.1 K 6.03 B 33.63%
Number of Holdings 5 1 474 91.54%
Net Assets in Top 10 56.9 M 77.7 K 5.92 B 35.42%
Weighting of Top 10 100.00% 40.1% 100.0% 1.33%

Top 10 Holdings

  1. Fidelity® Series Total Market Index 55.06%
  2. Fidelity® Series Global ex US Index 35.68%
  3. Fidelity® Series Bond Index 6.56%
  4. Fidelity® Series Long-Term Trs Bd Idx 2.69%
  5. Fidelity Revere Str Tr 0.00%

Asset Allocation

Weighting Return Low Return High FVIPX % Rank
Stocks
89.50% 69.68% 117.09% 48.59%
Bonds
9.01% 0.00% 69.90% 19.75%
Cash
1.39% -95.62% 17.63% 69.28%
Convertible Bonds
0.08% 0.00% 0.90% 21.00%
Preferred Stocks
0.01% 0.00% 0.35% 44.20%
Other
0.00% -0.07% 10.55% 85.58%

Stock Sector Breakdown

Weighting Return Low Return High FVIPX % Rank
Technology
19.13% 15.25% 22.82% 52.66%
Financial Services
14.76% 12.13% 17.39% 31.35%
Healthcare
13.24% 10.76% 18.09% 48.28%
Consumer Cyclical
11.30% 9.12% 13.12% 72.10%
Industrials
9.58% 8.87% 14.65% 75.86%
Communication Services
9.55% 7.11% 11.27% 33.54%
Consumer Defense
8.12% 5.11% 12.20% 11.29%
Basic Materials
4.45% 2.08% 5.85% 45.14%
Real Estate
3.40% 1.94% 9.09% 57.99%
Energy
3.32% 1.71% 3.90% 22.88%
Utilities
3.15% 0.80% 4.81% 24.76%

Stock Geographic Breakdown

Weighting Return Low Return High FVIPX % Rank
US
54.37% 36.50% 73.99% 63.32%
Non US
35.13% 18.08% 48.22% 32.29%

Bond Sector Breakdown

Weighting Return Low Return High FVIPX % Rank
Government
53.11% 0.00% 67.83% 3.45%
Corporate
16.70% 0.08% 59.79% 63.01%
Securitized
16.60% 0.00% 32.38% 27.27%
Cash & Equivalents
13.29% 0.99% 99.70% 87.46%
Municipal
0.30% 0.00% 2.53% 30.09%
Derivative
0.00% 0.00% 44.73% 68.34%

Bond Geographic Breakdown

Weighting Return Low Return High FVIPX % Rank
US
8.49% 0.00% 51.83% 13.48%
Non US
0.52% 0.00% 18.07% 63.64%

FVIPX - Expenses

Operational Fees

FVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.03% 24.58% N/A
Management Fee 0.06% 0.00% 0.95% 39.34%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FVIPX 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

FVIPX 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.

FVIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 103.00% 1.00% 208.00% 92.66%

FVIPX - Distributions

Dividend Yield Analysis

FVIPX Category Low Category High FVIPX % Rank
Dividend Yield 0.00% 0.00% 3.07% 17.26%

Dividend Distribution Analysis

FVIPX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FVIPX Category Low Category High FVIPX % Rank
Net Income Ratio N/A -0.42% 7.08% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FVIPX - Fund Manager Analysis

Managers

Brett Sumsion


Start Date

Tenure

Tenure Rank

Jun 28, 2019

1.26

1.3%

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.

Finola McGuire Foley


Start Date

Tenure

Tenure Rank

Jun 28, 2019

1.26

1.3%

Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Finola McGuire Foley is co-manager of each fund, which she has managed since June 2018 (other than Fidelity Freedom® Index 2065 Fund). She has managed Fidelity Freedom® Index 2065 Fund since June 2019. She also manages other funds. Since joining Fidelity Investments in 2003, Ms. Foley has worked as an assistant portfolio manager and portfolio manager Previously, Ms. Foley held various roles within Fidelity, including portfolio analyst and senior business analyst at Strategic Advisers LLC. She has been in the financial industry since joining Fidelity in 2005. Ms. Foley earned her BS in business information systems from University College Cork and her MBA in finance from Bentley University. She is a CFA charterholder.

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 28, 2019

1.26

1.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 7.61 2.4 0.75