Fidelity Freedom 2060 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.3%
1 yr return
24.2%
3 Yr Avg Return
5.9%
5 Yr Avg Return
10.8%
Net Assets
$5.1 B
Holdings in Top 10
74.6%
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 28.00%
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
FVTKX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.39%
- Dividend Yield 2.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2060 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FVTKX - Performance
Return Ranking - Trailing
Period | FVTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | 3.9% | 12.9% | 29.82% |
1 Yr | 24.2% | 30.7% | 65.2% | 4.61% |
3 Yr | 5.9%* | 8.7% | 13.7% | 15.71% |
5 Yr | 10.8%* | 10.3% | 14.1% | 6.61% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FVTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.1% | -3.3% | 18.9% | 37.14% |
2022 | -25.9% | 11.7% | 29.3% | 81.59% |
2021 | 5.5% | -23.9% | -7.8% | 58.18% |
2020 | 13.2% | 13.0% | 20.8% | N/A |
2019 | 17.8% | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
Period | FVTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | 3.9% | 12.9% | 29.82% |
1 Yr | 24.2% | 30.7% | 65.2% | 4.26% |
3 Yr | 5.9%* | 7.7% | 13.7% | 15.18% |
5 Yr | 10.8%* | 9.6% | 14.1% | 6.61% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FVTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | -3.3% | 18.9% | 37.14% |
2022 | -18.1% | 11.7% | 29.3% | 81.59% |
2021 | 16.7% | -23.9% | -5.7% | 55.15% |
2020 | 18.5% | 14.1% | 22.7% | N/A |
2019 | 25.6% | 1.7% | 11.0% | N/A |
NAV & Total Return History
FVTKX - Holdings
Concentration Analysis
FVTKX | Category Low | Category High | FVTKX % Rank | |
---|---|---|---|---|
Net Assets | 5.1 B | 60.7 K | 7.18 B | 4.84% |
Number of Holdings | 47 | 4 | 494 | 3.81% |
Net Assets in Top 10 | 3.8 B | 51.6 K | 7.13 B | 4.90% |
Weighting of Top 10 | 74.57% | 38.0% | 100.0% | 96.69% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.88%
- FIDELITY SERIES GROWTH COMPANY FUND 9.13%
- Fidelity Series Large Cap Stock Fund 8.55%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.87%
- Fidelity Series International Value Fund 7.78%
- Fidelity Series Stock Selector Large Cap Value Fund 6.00%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Opportunistic Insights Fund 5.38%
- Fidelity Series Value Discovery Fund 5.30%
Asset Allocation
Weighting | Return Low | Return High | FVTKX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 65.98% | 98.58% | 79.02% |
Cash | 0.22% | -86.71% | 14.73% | 6.54% |
Bonds | 0.17% | 0.00% | 92.61% | 48.23% |
Other | 0.11% | -0.07% | 13.26% | 28.07% |
Convertible Bonds | 0.05% | 0.00% | 0.77% | 56.68% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 36.51% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FVTKX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 12.29% | 18.11% | 4.09% |
Technology | 17.55% | 14.77% | 21.46% | 77.11% |
Industrials | 12.06% | 9.57% | 15.26% | 33.79% |
Healthcare | 11.60% | 8.82% | 15.72% | 58.31% |
Consumer Cyclical | 11.31% | 9.27% | 14.12% | 37.87% |
Communication Services | 6.85% | 6.12% | 11.04% | 57.22% |
Basic Materials | 6.48% | 2.40% | 5.65% | 10.90% |
Energy | 5.97% | 1.87% | 4.03% | 1.63% |
Consumer Defense | 5.42% | 4.55% | 11.70% | 88.28% |
Utilities | 2.01% | 0.55% | 4.39% | 91.83% |
Real Estate | 1.90% | 1.82% | 9.04% | 92.37% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FVTKX % Rank | |
---|---|---|---|---|
US | 99.63% | 34.23% | 75.57% | 95.10% |
Non US | 0.00% | 18.37% | 51.41% | 4.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FVTKX % Rank | |
---|---|---|---|---|
Government | 48.13% | 0.00% | 72.52% | 25.61% |
Corporate | 10.10% | 0.08% | 63.17% | 85.29% |
Securitized | 1.90% | 0.00% | 29.24% | 86.38% |
Cash & Equivalents | 0.22% | 1.23% | 99.01% | 13.90% |
Derivative | 0.11% | 0.00% | 31.93% | 41.14% |
Municipal | 0.03% | 0.00% | 4.01% | 78.47% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FVTKX % Rank | |
---|---|---|---|---|
US | 0.17% | -0.24% | 50.12% | 46.32% |
Non US | 0.00% | 0.00% | 42.49% | 50.68% |
FVTKX - Expenses
Operational Fees
FVTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.02% | 35.30% | 74.71% |
Management Fee | 0.45% | 0.00% | 0.94% | 79.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FVTKX 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
FVTKX 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.
FVTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 3.00% | 208.00% | 38.95% |
FVTKX - Distributions
Dividend Yield Analysis
FVTKX | Category Low | Category High | FVTKX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.83% | 0.00% | 1.44% | 92.20% |
Dividend Distribution Analysis
FVTKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Annually |
Net Income Ratio Analysis
FVTKX | Category Low | Category High | FVTKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.39% | -0.04% | 8.75% | 37.06% |
Capital Gain Distribution Analysis
FVTKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.206 | OrdinaryDividend |
Dec 30, 2022 | $0.380 | OrdinaryDividend |
Dec 31, 2018 | $0.198 | OrdinaryDividend |
FVTKX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 05, 2014
7.82
7.8%
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
Aug 05, 2014
7.82
7.8%
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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |