Fidelity Advisor Freedom 2045 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.2%
1 yr return
24.4%
3 Yr Avg Return
5.0%
5 Yr Avg Return
10.2%
Net Assets
$1.99 B
Holdings in Top 10
74.5%
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 27.00%
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
FFFIX - Profile
Distributions
- YTD Total Return 8.2%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 10.2%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.07%
- Dividend Yield 2.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2045 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 06, 2006
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFFIX - Performance
Return Ranking - Trailing
Period | FFFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.0% | 11.8% | 20.50% |
1 Yr | 24.4% | 14.2% | 28.3% | 27.50% |
3 Yr | 5.0%* | -1.3% | 7.4% | 56.99% |
5 Yr | 10.2%* | 6.1% | 11.2% | 21.60% |
10 Yr | 8.5%* | 5.5% | 9.7% | 23.66% |
* Annualized
Return Ranking - Calendar
Period | FFFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | 4.8% | 21.3% | 25.63% |
2022 | -26.2% | -65.7% | -14.5% | 76.38% |
2021 | 5.4% | -4.7% | 18.7% | 62.63% |
2020 | 10.4% | 2.3% | 15.5% | 68.54% |
2019 | 17.7% | 8.2% | 23.0% | 57.14% |
Total Return Ranking - Trailing
Period | FFFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.2% | 4.0% | 11.8% | 20.50% |
1 Yr | 24.4% | 14.2% | 28.3% | 27.50% |
3 Yr | 5.0%* | -1.3% | 7.4% | 56.99% |
5 Yr | 10.2%* | 6.1% | 11.2% | 21.60% |
10 Yr | 8.5%* | 5.5% | 9.7% | 23.66% |
* Annualized
Total Return Ranking - Calendar
Period | FFFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.2% | 11.2% | 37.0% | 59.30% |
2022 | -18.3% | -28.2% | 0.1% | 68.34% |
2021 | 15.9% | 4.2% | 22.9% | 81.05% |
2020 | 17.5% | 7.8% | 23.2% | 34.83% |
2019 | 26.6% | 21.3% | 37.2% | 24.22% |
NAV & Total Return History
FFFIX - Holdings
Concentration Analysis
FFFIX | Category Low | Category High | FFFIX % Rank | |
---|---|---|---|---|
Net Assets | 1.99 B | 2.77 M | 68.8 B | 27.50% |
Number of Holdings | 45 | 2 | 581 | 9.00% |
Net Assets in Top 10 | 1.42 B | 2.88 M | 76.4 B | 32.50% |
Weighting of Top 10 | 74.46% | 43.5% | 103.9% | 77.25% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.87%
- Fidelity Series Large Cap Stock Fund 9.78%
- Fidelity Series International Growth Fund 7.91%
- Fidelity Series Overseas Fund 7.87%
- Fidelity Series International Value Fund 7.77%
- Fidelity Advisor Series Equity Growth Fund 7.26%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.78%
- Fidelity Series Opportunistic Insights Fund 5.74%
- Fidelity Series Stock Selector Large Cap Value Fund 5.71%
Asset Allocation
Weighting | Return Low | Return High | FFFIX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.06% | 44.00% |
Cash | 0.24% | 0.00% | 20.94% | 45.50% |
Bonds | 0.17% | 0.00% | 25.62% | 24.50% |
Other | 0.12% | 0.00% | 11.52% | 18.50% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 65.50% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 6.50% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFIX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.09% | 18.83% | 2.00% |
Technology | 17.40% | 14.05% | 23.99% | 87.50% |
Healthcare | 12.39% | 10.69% | 14.59% | 53.50% |
Industrials | 11.65% | 9.12% | 12.31% | 23.50% |
Consumer Cyclical | 9.10% | 8.06% | 13.31% | 96.00% |
Communication Services | 7.68% | 5.69% | 10.23% | 24.50% |
Basic Materials | 6.86% | 3.18% | 6.86% | 2.00% |
Energy | 6.31% | 2.33% | 6.54% | 3.50% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 85.50% |
Utilities | 2.27% | 1.89% | 8.09% | 94.00% |
Real Estate | 1.95% | 1.86% | 10.17% | 97.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFIX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.06% | 44.00% |
Non US | 0.00% | 0.00% | 38.46% | 21.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFIX % Rank | |
---|---|---|---|---|
Government | 51.07% | 11.67% | 67.01% | 11.50% |
Corporate | 11.37% | 3.21% | 43.85% | 70.00% |
Securitized | 2.09% | 0.00% | 34.36% | 90.00% |
Cash & Equivalents | 0.24% | 0.00% | 78.34% | 44.00% |
Derivative | 0.12% | 0.00% | 20.51% | 10.50% |
Municipal | 0.04% | 0.00% | 1.01% | 69.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFIX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 24.00% | 24.50% |
Non US | 0.00% | 0.00% | 5.72% | 15.50% |
FFFIX - Expenses
Operational Fees
FFFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.06% | 21.17% | 51.26% |
Management Fee | 0.75% | 0.00% | 0.89% | 95.21% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FFFIX 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
FFFIX 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.
FFFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 0.42% | 115.00% | 63.74% |
FFFIX - Distributions
Dividend Yield Analysis
FFFIX | Category Low | Category High | FFFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.04% | 0.00% | 6.10% | 82.50% |
Dividend Distribution Analysis
FFFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Semi-Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FFFIX | Category Low | Category High | FFFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.07% | -0.42% | 3.87% | 11.83% |
Capital Gain Distribution Analysis
FFFIX | 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 | $0.137 | OrdinaryDividend |
Dec 30, 2022 | $0.202 | OrdinaryDividend |
May 16, 2022 | $0.916 | OrdinaryDividend |
Dec 30, 2015 | $0.158 | OrdinaryDividend |
May 14, 2012 | $0.016 | OrdinaryDividend |
Dec 30, 2011 | $0.128 | OrdinaryDividend |
May 12, 2011 | $0.015 | OrdinaryDividend |
Dec 31, 2010 | $0.118 | OrdinaryDividend |
May 10, 2010 | $0.013 | OrdinaryDividend |
Dec 29, 2009 | $0.110 | OrdinaryDividend |
May 18, 2009 | $0.017 | OrdinaryDividend |
Dec 29, 2008 | $0.134 | OrdinaryDividend |
May 12, 2008 | $0.022 | OrdinaryDividend |
Dec 28, 2007 | $0.118 | OrdinaryDividend |
May 07, 2007 | $0.008 | OrdinaryDividend |
Dec 29, 2006 | $0.079 | OrdinaryDividend |
FFFIX - 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 |