Fidelity Freedom® Index 2030 Investor
- FXIFX
- Price as of: Nov 27, 2020
-
$18.88
N/A N/A
- Primary Theme
- Target-Date 2030
- Fund Company
- Fidelity Investments
- Share Class
FXIFX - Snapshot
Vitals
- YTD Return 10.9%
- 3 Yr Annualized Return 6.5%
- 5 Yr Annualized Return 8.1%
- Net Assets $10 B
- Holdings in Top 10 100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.12%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 85.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $2,500
Fund Classification
-
Primary Theme
Target-Date 2030
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2030
FXIFX - Profile
Distributions
- YTD Total Return 10.9%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 8.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.92%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® Index 2030 Fund
-
Fund Family NameFidelity Investments
-
Inception DateOct 02, 2009
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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 | 10.9% | 2.3% | 14.4% | 30.18% |
| 1 Yr | 6.1% | -1.3% | 10.8% | 34.82% |
| 3 Yr | 6.5%* | 1.5% | 7.7% | 6.57% |
| 5 Yr | 8.1%* | 3.8% | 8.3% | 9.04% |
| 10 Yr | 7.8%* | 4.3% | 9.3% | 40.00% |
* Annualized
Return Ranking - Calendar
| Period | FXIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 4.6% | 0.0% | 18.9% | 93.33% |
| 2018 | -7.6% | -20.5% | -6.3% | 4.28% |
| 2017 | 15.9% | -16.1% | 16.1% | 2.29% |
| 2016 | 6.6% | -0.1% | 7.4% | 7.19% |
| 2015 | -3.3% | -12.7% | -1.0% | 12.40% |
Total Return Ranking - Trailing
| Period | FXIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.9% | 2.3% | 14.4% | 30.18% |
| 1 Yr | 6.1% | -6.1% | 10.8% | 32.13% |
| 3 Yr | 6.5%* | 0.1% | 7.7% | 6.63% |
| 5 Yr | 8.1%* | 2.8% | 8.3% | 9.14% |
| 10 Yr | 7.8%* | 4.3% | 9.3% | 39.02% |
* Annualized
Total Return Ranking - Calendar
| Period | FXIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 4.6% | 0.0% | 18.9% | 93.33% |
| 2018 | -7.5% | -20.5% | -4.2% | 31.02% |
| 2017 | 18.1% | -16.1% | 22.7% | 13.14% |
| 2016 | 8.6% | -0.1% | 10.8% | 8.50% |
| 2015 | -1.4% | -12.7% | 0.8% | 33.33% |
NAV & Total Return History
FXIFX - Holdings
Concentration Analysis
| FXIFX | Category Low | Category High | FXIFX % Rank | |
|---|---|---|---|---|
| Net Assets | 10 B | 127 K | 41.1 B | 10.21% |
| Number of Holdings | 7 | 1 | 520 | 87.07% |
| Net Assets in Top 10 | 9.6 B | 84.5 K | 40.7 B | 10.34% |
| Weighting of Top 10 | 100.00% | 41.8% | 100.0% | 1.40% |
Top 10 Holdings
- Fidelity® Series Total Market Index 39.10%
- Fidelity® Series Bond Index 27.36%
- Fidelity® Series Global ex US Index 26.54%
- Fidelity® Series Infl-Prtct Bd Idx 3.58%
- Fidelity® Series Long-Term Trs Bd Idx 3.06%
- Fidelity® Series Treasury Bill Index 0.36%
- Fidelity Revere Str Tr 0.00%
Asset Allocation
| Weighting | Return Low | Return High | FXIFX % Rank | |
|---|---|---|---|---|
| Stocks | 64.60% | 30.82% | 76.40% | 40.95% |
| Bonds | 33.23% | 8.24% | 80.15% | 48.71% |
| Cash | 1.85% | -40.71% | 12.78% | 77.59% |
| Convertible Bonds | 0.31% | 0.00% | 1.34% | 56.90% |
| Preferred Stocks | 0.00% | 0.00% | 1.18% | 75.43% |
| Other | 0.00% | -0.56% | 30.16% | 92.24% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FXIFX % Rank | |
|---|---|---|---|---|
| Technology | 19.43% | 11.10% | 23.52% | 40.52% |
| Financial Services | 14.70% | 10.05% | 17.19% | 31.47% |
| Healthcare | 12.71% | 10.65% | 17.68% | 70.26% |
| Consumer Cyclical | 12.05% | 9.21% | 13.67% | 48.71% |
| Industrials | 9.80% | 8.16% | 14.55% | 75.43% |
| Communication Services | 9.50% | 6.00% | 10.62% | 24.57% |
| Consumer Defense | 7.96% | 5.57% | 12.44% | 31.90% |
| Basic Materials | 4.47% | 2.60% | 7.01% | 40.09% |
| Real Estate | 3.26% | 1.90% | 13.34% | 74.57% |
| Energy | 3.19% | 1.58% | 4.03% | 31.90% |
| Utilities | 2.93% | 0.81% | 4.97% | 64.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FXIFX % Rank | |
|---|---|---|---|---|
| US | 38.76% | 8.92% | 54.87% | 50.86% |
| Non US | 25.84% | 6.69% | 33.96% | 25.00% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FXIFX % Rank | |
|---|---|---|---|---|
| Government | 53.55% | 13.86% | 79.93% | 2.59% |
| Securitized | 20.71% | 0.00% | 39.37% | 36.64% |
| Corporate | 20.12% | 0.12% | 53.41% | 83.62% |
| Cash & Equivalents | 5.24% | 0.99% | 40.96% | 90.95% |
| Municipal | 0.36% | 0.00% | 6.42% | 42.67% |
| Derivative | 0.01% | 0.00% | 32.54% | 59.91% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FXIFX % Rank | |
|---|---|---|---|---|
| US | 31.03% | 5.58% | 51.14% | 29.31% |
| Non US | 2.20% | 0.31% | 54.15% | 94.83% |
FXIFX - Expenses
Operational Fees
| FXIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.12% | 0.01% | 37.24% | 89.72% |
| Management Fee | 0.12% | 0.00% | 0.83% | 43.53% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| FXIFX 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
| FXIFX 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.
| FXIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 85.00% | 0.00% | 117.00% | 93.48% |
FXIFX - Distributions
Dividend Yield Analysis
| FXIFX | Category Low | Category High | FXIFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.88% | 11.91% |
Dividend Distribution Analysis
| FXIFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FXIFX | Category Low | Category High | FXIFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.92% | -0.16% | 6.43% | 54.75% |
Capital Gain Distribution Analysis
| FXIFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| May 15, 2017 | $0.017 |
| May 16, 2016 | $0.014 |
| Dec 30, 2015 | $0.277 |
| May 18, 2015 | $0.012 |
| May 07, 2012 | $0.015 |
| Dec 30, 2011 | $0.185 |
| May 09, 2011 | $0.018 |
| Dec 31, 2010 | $0.135 |
| May 17, 2010 | $0.010 |
| Dec 29, 2009 | $0.110 |
FXIFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Oct 02, 2009
11.09
11.1%
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
6.78
6.8%
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.
Finola McGuire Foley
Start Date
Tenure
Tenure Rank
Jun 15, 2018
2.38
2.4%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.2 | 18.1 | 5.38 | 0.83 |