Fidelity Freedom 2035 Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.4%
1 yr return
19.9%
3 Yr Avg Return
3.3%
5 Yr Avg Return
9.1%
Net Assets
$27.4 B
Holdings in Top 10
71.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.40%
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
FWTKX - Profile
Distributions
- YTD Total Return 13.4%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.23%
- Dividend Yield 0.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2035 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FWTKX - Performance
Return Ranking - Trailing
Period | FWTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | 8.5% | 22.6% | 46.94% |
1 Yr | 19.9% | 13.0% | 23.2% | 37.24% |
3 Yr | 3.3%* | -0.8% | 6.1% | 36.92% |
5 Yr | 9.1%* | 5.2% | 10.0% | 6.90% |
10 Yr | N/A* | 5.0% | 9.0% | 11.76% |
* Annualized
Return Ranking - Calendar
Period | FWTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.5% | 2.9% | 18.6% | 5.64% |
2022 | -25.8% | -57.8% | -11.3% | 86.67% |
2021 | 2.2% | -5.5% | 16.8% | 75.68% |
2020 | 9.8% | 2.1% | 13.9% | 58.62% |
2019 | 16.0% | 7.5% | 21.5% | 58.86% |
Total Return Ranking - Trailing
Period | FWTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | 8.5% | 22.6% | 46.94% |
1 Yr | 19.9% | 13.0% | 23.2% | 37.24% |
3 Yr | 3.3%* | -0.8% | 6.1% | 36.92% |
5 Yr | 9.1%* | 5.2% | 10.0% | 6.90% |
10 Yr | N/A* | 5.0% | 9.0% | 11.11% |
* Annualized
Total Return Ranking - Calendar
Period | FWTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.1% | 11.1% | 30.3% | 21.54% |
2022 | -17.5% | -26.8% | 0.1% | 69.23% |
2021 | 14.6% | 2.4% | 20.5% | 38.38% |
2020 | 17.4% | 7.0% | 20.7% | 14.94% |
2019 | 24.7% | 18.7% | 34.4% | 26.58% |
NAV & Total Return History
FWTKX - Holdings
Concentration Analysis
FWTKX | Category Low | Category High | FWTKX % Rank | |
---|---|---|---|---|
Net Assets | 27.4 B | 3.91 M | 93.4 B | 7.65% |
Number of Holdings | 43 | 2 | 812 | 7.65% |
Net Assets in Top 10 | 20.4 B | 5.14 M | 97.9 B | 9.18% |
Weighting of Top 10 | 71.68% | 43.3% | 131.5% | 73.02% |
Top 10 Holdings
- Fidelity Series Investment Grade Bond Fund 15.07%
- Fidelity Series Emerging Markets Opportunities Fund 8.99%
- FIDELITY SERIES GROWTH COMPANY FUND 7.75%
- Fidelity Series Large Cap Stock Fund 7.06%
- Fidelity Series Overseas Fund 6.28%
- Fidelity Series International Growth Fund 6.24%
- Fidelity Series International Value Fund 6.21%
- Fidelity Series Stock Selector Large Cap Value Fund 4.81%
- Fidelity Series Long-Term Treasury Bond Index Fund 4.72%
- Fidelity Series Opportunistic Insights Fund 4.56%
Asset Allocation
Weighting | Return Low | Return High | FWTKX % Rank | |
---|---|---|---|---|
Stocks | 99.69% | 0.00% | 100.13% | 48.47% |
Convertible Bonds | 0.26% | 0.00% | 1.96% | 53.57% |
Cash | 0.15% | 0.00% | 37.73% | 58.67% |
Bonds | 0.14% | 0.00% | 46.41% | 17.86% |
Other | 0.03% | -0.03% | 10.15% | 25.00% |
Preferred Stocks | 0.00% | 0.00% | 0.04% | 9.18% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FWTKX % Rank | |
---|---|---|---|---|
Financial Services | 18.73% | 12.97% | 18.89% | 3.57% |
Technology | 16.74% | 13.82% | 23.99% | 92.86% |
Healthcare | 12.03% | 10.82% | 14.66% | 73.47% |
Industrials | 11.68% | 8.97% | 12.33% | 14.80% |
Consumer Cyclical | 11.11% | 8.03% | 13.37% | 46.94% |
Basic Materials | 6.71% | 3.15% | 6.92% | 3.57% |
Communication Services | 6.64% | 5.69% | 10.14% | 69.90% |
Energy | 6.52% | 2.39% | 6.52% | 0.51% |
Consumer Defense | 5.81% | 4.76% | 11.08% | 80.61% |
Utilities | 2.13% | 1.89% | 8.17% | 98.47% |
Real Estate | 1.91% | 1.86% | 10.12% | 98.47% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FWTKX % Rank | |
---|---|---|---|---|
US | 99.69% | 0.00% | 100.13% | 48.47% |
Non US | 0.00% | 0.00% | 33.24% | 16.84% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FWTKX % Rank | |
---|---|---|---|---|
Government | 44.41% | 11.31% | 77.80% | 41.84% |
Corporate | 18.41% | 4.92% | 52.90% | 66.84% |
Securitized | 12.85% | 0.00% | 38.76% | 77.55% |
Municipal | 0.33% | 0.00% | 1.16% | 36.22% |
Cash & Equivalents | 0.15% | 0.00% | 79.37% | 46.94% |
Derivative | 0.03% | -0.03% | 0.15% | 9.69% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FWTKX % Rank | |
---|---|---|---|---|
US | 0.14% | 0.00% | 43.44% | 17.86% |
Non US | 0.00% | 0.00% | 2.98% | 11.22% |
FWTKX - Expenses
Operational Fees
FWTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.40% | 0.01% | 18.28% | 79.08% |
Management Fee | 0.40% | 0.00% | 0.84% | 78.38% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FWTKX 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
FWTKX 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.
FWTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 1.00% | 106.00% | 71.91% |
FWTKX - Distributions
Dividend Yield Analysis
FWTKX | Category Low | Category High | FWTKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.32% | 0.00% | 6.95% | 51.53% |
Dividend Distribution Analysis
FWTKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FWTKX | Category Low | Category High | FWTKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.23% | -0.09% | 3.75% | 9.84% |
Capital Gain Distribution Analysis
FWTKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.269 | OrdinaryDividend |
Dec 28, 2023 | $0.008 | CapitalGainShortTerm |
May 12, 2023 | $0.012 | OrdinaryDividend |
May 12, 2023 | $0.029 | CapitalGainLongTerm |
Dec 29, 2022 | $0.505 | OrdinaryDividend |
May 06, 2022 | $0.940 | OrdinaryDividend |
Dec 30, 2021 | $1.223 | OrdinaryDividend |
May 14, 2021 | $0.781 | CapitalGainLongTerm |
Dec 30, 2020 | $0.618 | OrdinaryDividend |
May 08, 2020 | $0.403 | OrdinaryDividend |
Dec 30, 2019 | $0.263 | OrdinaryDividend |
Dec 30, 2019 | $0.037 | CapitalGainShortTerm |
Dec 30, 2019 | $0.192 | CapitalGainLongTerm |
May 10, 2019 | $0.014 | CapitalGainShortTerm |
May 10, 2019 | $0.557 | CapitalGainLongTerm |
Dec 28, 2018 | $0.075 | CapitalGainShortTerm |
Dec 28, 2018 | $0.297 | CapitalGainLongTerm |
Dec 28, 2018 | $0.267 | OrdinaryDividend |
May 11, 2018 | $0.019 | CapitalGainShortTerm |
May 11, 2018 | $0.399 | CapitalGainLongTerm |
Dec 28, 2017 | $0.197 | OrdinaryDividend |
Dec 28, 2017 | $0.068 | CapitalGainShortTerm |
Dec 28, 2017 | $0.196 | CapitalGainLongTerm |
FWTKX - 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 | 5.72 | 2.41 |