Fidelity Freedom 2045 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.2%
1 yr return
23.8%
3 Yr Avg Return
5.6%
5 Yr Avg Return
10.6%
Net Assets
$19.3 B
Holdings in Top 10
74.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFFGX - Profile
Distributions
- YTD Total Return 8.2%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 10.6%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.10%
- Dividend Yield 2.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2045 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 07, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFFGX - Performance
Return Ranking - Trailing
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.0% | 11.8% | 20.00% |
1 Yr | 23.8% | 14.2% | 28.3% | 14.00% |
3 Yr | 5.6%* | -1.3% | 7.4% | 33.68% |
5 Yr | 10.6%* | 6.1% | 11.2% | 6.79% |
10 Yr | 8.7%* | 5.5% | 9.7% | 15.05% |
* Annualized
Return Ranking - Calendar
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.3% | 4.8% | 21.3% | 9.05% |
2022 | -26.8% | -65.7% | -14.5% | 82.91% |
2021 | 3.7% | -4.7% | 18.7% | 78.95% |
2020 | 11.7% | 2.3% | 15.5% | 42.13% |
2019 | 17.2% | 8.2% | 23.0% | 70.19% |
Total Return Ranking - Trailing
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.0% | 11.8% | 20.00% |
1 Yr | 23.8% | 14.2% | 28.3% | 14.00% |
3 Yr | 5.6%* | -1.3% | 7.4% | 33.68% |
5 Yr | 10.6%* | 6.1% | 11.2% | 6.79% |
10 Yr | 8.7%* | 5.5% | 9.7% | 15.05% |
* Annualized
Total Return Ranking - Calendar
Period | FFFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.6% | 11.2% | 37.0% | 27.14% |
2022 | -18.3% | -28.2% | 0.1% | 65.83% |
2021 | 16.4% | 4.2% | 22.9% | 66.32% |
2020 | 18.1% | 7.8% | 23.2% | 23.03% |
2019 | 25.4% | 21.3% | 37.2% | 47.83% |
NAV & Total Return History
FFFGX - Holdings
Concentration Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Net Assets | 19.3 B | 2.77 M | 68.8 B | 7.50% |
Number of Holdings | 47 | 2 | 581 | 1.00% |
Net Assets in Top 10 | 14.4 B | 2.88 M | 76.4 B | 9.00% |
Weighting of Top 10 | 74.56% | 43.5% | 103.9% | 74.07% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.87%
- 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 | FFFGX % Rank | |
---|---|---|---|---|
Stocks | 99.62% | 0.00% | 100.06% | 50.50% |
Cash | 0.23% | 0.00% | 20.94% | 47.00% |
Bonds | 0.17% | 0.00% | 25.62% | 26.00% |
Other | 0.12% | 0.00% | 11.52% | 15.50% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 66.00% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 7.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Financial Services | 18.66% | 13.09% | 18.83% | 3.50% |
Technology | 16.76% | 14.05% | 23.99% | 93.00% |
Healthcare | 12.13% | 10.69% | 14.59% | 63.50% |
Industrials | 11.68% | 9.12% | 12.31% | 15.00% |
Consumer Cyclical | 11.10% | 8.06% | 13.31% | 48.00% |
Basic Materials | 6.65% | 3.18% | 6.86% | 3.50% |
Communication Services | 6.64% | 5.69% | 10.23% | 72.00% |
Energy | 6.54% | 2.33% | 6.54% | 0.50% |
Consumer Defense | 5.80% | 4.68% | 11.06% | 80.00% |
Utilities | 2.13% | 1.89% | 8.09% | 98.50% |
Real Estate | 1.90% | 1.86% | 10.17% | 98.50% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
US | 99.62% | 0.00% | 100.06% | 50.50% |
Non US | 0.00% | 0.00% | 38.46% | 21.50% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
Government | 48.10% | 11.67% | 67.01% | 14.50% |
Corporate | 10.37% | 3.21% | 43.85% | 88.00% |
Securitized | 1.94% | 0.00% | 34.36% | 91.50% |
Cash & Equivalents | 0.23% | 0.00% | 78.34% | 45.50% |
Derivative | 0.12% | 0.00% | 20.51% | 7.50% |
Municipal | 0.03% | 0.00% | 1.01% | 70.50% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFGX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 24.00% | 26.00% |
Non US | 0.00% | 0.00% | 5.72% | 16.00% |
FFFGX - Expenses
Operational Fees
FFFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.06% | 21.17% | 51.76% |
Management Fee | 0.75% | 0.00% | 0.89% | 95.74% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FFFGX 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
FFFGX 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.
FFFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.42% | 115.00% | 67.03% |
FFFGX - Distributions
Dividend Yield Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.34% | 0.00% | 6.10% | 79.50% |
Dividend Distribution Analysis
FFFGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Semi-Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FFFGX | Category Low | Category High | FFFGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.10% | -0.42% | 3.87% | 11.29% |
Capital Gain Distribution Analysis
FFFGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.159 | OrdinaryDividend |
Dec 30, 2022 | $0.378 | OrdinaryDividend |
May 09, 2022 | $0.851 | OrdinaryDividend |
May 15, 2017 | $0.006 | OrdinaryDividend |
Dec 30, 2015 | $0.145 | OrdinaryDividend |
May 14, 2012 | $0.017 | OrdinaryDividend |
Dec 30, 2011 | $0.138 | OrdinaryDividend |
May 12, 2011 | $0.015 | OrdinaryDividend |
Dec 31, 2010 | $0.123 | OrdinaryDividend |
May 10, 2010 | $0.015 | OrdinaryDividend |
Dec 29, 2009 | $0.130 | OrdinaryDividend |
May 18, 2009 | $0.015 | OrdinaryDividend |
Dec 29, 2008 | $0.130 | OrdinaryDividend |
May 12, 2008 | $0.015 | OrdinaryDividend |
Dec 31, 2007 | $0.120 | OrdinaryDividend |
May 07, 2007 | $0.010 | OrdinaryDividend |
Dec 29, 2006 | $0.070 | OrdinaryDividend |
FFFGX - 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 | 5.71 | 2.41 |