Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

FXIFX Fidelity Freedom® Index 2030 Investor

  • Fund
  • FXIFX
  • Price as of: Sep 17, 2019
  • $18.90 + $0.05 + 0.27%

FXIFX - Profile

Vitals

  • YTD Return 15.6%
  • 3 Yr Annualized Return 7.7%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $6.58 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$18.90
$16.07
$18.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return 15.6%
  • 3 Yr Annualized Total Return 9.1%
  • 5 Yr Annualized Total Return 6.2%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity Freedom® Index 2030 Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 02, 2009
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew Dierdorf

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.

FXIFX - Performance

Return Ranking - Trailing

Period FXIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.6% -0.8% 20.2% 23.29%
1 Yr 3.1% -22.1% 5.8% 6.00%
3 Yr 7.7%* -18.1% 9.1% 1.64%
5 Yr 4.6%* -11.7% 5.1% 0.90%
10 Yr N/A* -3.6% 6.1% N/A

* Annualized


Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.6% -30.8% -0.6% 6.97%
2017 15.9% -36.9% 19.9% 17.89%
2016 6.6% -5.2% 8.2% 6.74%
2015 -3.3% -25.3% -1.4% 15.00%
2014 3.0% -12.7% 6.9% 30.12%

Total Return Ranking - Trailing

Period FXIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.6% -0.8% 20.2% 23.29%
1 Yr 3.1% -22.1% 7.9% 36.17%
3 Yr 9.1%* -18.1% 11.0% 13.93%
5 Yr 6.2%* -11.7% 7.4% 11.61%
10 Yr N/A* -3.6% 9.7% N/A

* Annualized


Total Return Ranking - Calendar

Period FXIFX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.5% -25.4% 1.3% 31.48%
2017 18.1% -36.9% 23.3% 24.30%
2016 8.6% -3.2% 12.3% 11.50%
2015 -1.4% -25.3% 3.9% 32.50%
2014 6.6% -8.5% 8.9% 17.40%

NAV & Total Return History

FXIFX - Holdings

Concentration Analysis

FXIFX Category Low Category High FXIFX % Rank
Net Assets 6.58 B 98.1 K 32.2 B 3.15%
Number of Holdings 5 3 489 97.20%
Net Assets in Top 10 6.39 B 20.6 K 23.5 B 1.82%
Weighting of Top 10 100.00% 25.2% 103.0% 7.29%

Top 10 Holdings

  1. Fidelity® Series Total Market Index 47.77%

  2. Fidelity® Series Bond Index 25.30%

  3. Fidelity® Series Global ex US Index 22.21%

  4. Fidelity® Series Long-Term Trs Bd Idx 2.99%

  5. Fidelity® Series Infl-Prtct Bd Idx 1.73%


Asset Allocation

Weighting Return Low Return High FXIFX % Rank
Stocks
69.16% 0.00% 94.44% 43.94%
Bonds
29.34% -156.19% 74.85% 48.77%
Cash
1.36% -10.09% 187.11% 86.69%
Convertible Bonds
0.14% 0.00% 3.46% 62.93%
Preferred Stocks
0.00% 0.00% 0.73% 74.00%
Other
0.00% -0.13% 13.39% 87.67%

Stock Sector Breakdown

Weighting Return Low Return High FXIFX % Rank
Technology
13.24% 2.72% 18.51% 39.09%
Financial Services
12.17% 3.45% 19.06% 39.72%
Healthcare
8.32% 1.80% 11.96% 39.93%
Consumer Cyclical
8.26% 2.04% 12.22% 41.12%
Industrials
7.51% 0.55% 11.80% 45.54%
Consumer Defense
5.46% 1.11% 14.82% 42.18%
Energy
3.77% 0.56% 5.43% 34.11%
Basic Materials
3.06% 0.20% 5.03% 39.79%
Real Estate
2.63% 0.46% 10.25% 63.72%
Communication Services
2.45% 0.33% 3.73% 23.30%
Utilities
2.23% 0.03% 4.25% 34.67%

Stock Geographic Breakdown

Weighting Return Low Return High FXIFX % Rank
US
47.29% 0.00% 64.57% 37.35%
Non US
21.87% 0.00% 42.22% 53.19%

Bond Sector Breakdown

Weighting Return Low Return High FXIFX % Rank
Government
15.95% -2.84% 37.62% 32.66%
Securitized
7.15% 0.00% 29.97% 48.56%
Corporate
6.26% 1.25% 39.64% 73.72%
Cash & Equivalents
1.36% -13.40% 187.10% 79.82%
Municipal
0.12% 0.00% 1.57% 38.26%
Derivative
0.00% -170.75% 16.06% 19.97%

Bond Geographic Breakdown

Weighting Return Low Return High FXIFX % Rank
US
27.32% -189.52% 69.15% 44.22%
Non US
2.02% 0.00% 33.33% 72.25%

FXIFX - Expenses

Operational Fees

FXIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.00% 122.38% 88.17%
Management Fee 0.12% 0.00% 1.02% 36.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

FXIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FXIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Turnover 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.

FXIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 200.00% 10.22%

FXIFX - Distributions

Dividend Yield Analysis

FXIFX Category Low Category High FXIFX % Rank
Dividend Yield 0.00% 0.00% 3.94% 68.89%

Dividend Distribution Analysis

FXIFX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FXIFX Category Low Category High FXIFX % Rank
Net Income Ratio 2.14% -1.78% 6.29% 33.31%

Capital Gain Distribution Analysis

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

FXIFX - Managers

Andrew Dierdorf

Manager

Start Date

Tenure

Tenure Rank

Oct 02, 2009

9.92

9.9%

Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Mr. Dierdorf is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Dierdorf joined Fidelity in 2004 and has been in the industry since 1993. Mr. Dierdorf earned his bachelor of science degree from the University of Delaware. He is a CFA charterholder, a Fellow of the Society of Actuaries, Chartered Market Technician, and Member of the American Academy of Actuaries.


Brett F. Sumsion

Manager

Start Date

Tenure

Tenure Rank

Jan 21, 2014

5.61

5.6%

Brett Sumsion is a portfolio manager in the Global Asset Allocation (GAA) group at Fidelity Investments. In this role, he is responsible for co-managing multiple target date portfolios, including Fidelity ClearPath Portfolios, Fidelity Income Replacement Funds, Fidelity Freedom Funds, and FIAM Target Date Strategies. Mr. Sumsion joined Fidelity in 2014 and has been in the investments industry since 2001. 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

Manager

Start Date

Tenure

Tenure Rank

Jun 15, 2018

1.21

1.2%

Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Ms. Foley is responsible for managing all Target Date Index products and co-manages Fidelity Four-in-One Index Fund. 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.


Tenure Analysis

Category Low

0.04

Category High

14.84

Category Average

4.73

Category Mode

1.0