Fidelity Flex Freedom Blend 2055 Fund
Name
As of 05/14/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.4%
1 yr return
22.0%
3 Yr Avg Return
4.5%
5 Yr Avg Return
10.6%
Net Assets
$29.4 M
Holdings in Top 10
82.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 39.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/14/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FQLSX - Profile
Distributions
- YTD Total Return 8.4%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return 10.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.77%
- Dividend Yield 0.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Flex Freedom Blend 2055 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FQLSX - Performance
Return Ranking - Trailing
Period | FQLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.4% | 5.4% | 15.7% | 43.28% |
1 Yr | 22.0% | 11.1% | 26.8% | 50.25% |
3 Yr | 4.5%* | -3.4% | 7.4% | 42.05% |
5 Yr | 10.6%* | 6.5% | 11.7% | 7.36% |
10 Yr | N/A* | 5.8% | 9.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | FQLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.6% | 2.5% | 21.5% | 17.09% |
2022 | -23.0% | -46.7% | -17.2% | 42.21% |
2021 | 8.0% | -9.7% | 20.3% | 50.53% |
2020 | 11.4% | 0.0% | 16.1% | 65.73% |
2019 | 17.2% | 11.6% | 23.6% | 71.60% |
Total Return Ranking - Trailing
Period | FQLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.4% | 5.4% | 15.7% | 43.28% |
1 Yr | 22.0% | 11.1% | 26.8% | 50.25% |
3 Yr | 4.5%* | -3.4% | 7.4% | 42.05% |
5 Yr | 10.6%* | 6.5% | 11.7% | 7.36% |
10 Yr | N/A* | 5.8% | 9.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FQLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | 10.6% | 36.3% | 31.66% |
2022 | -18.6% | -27.3% | 0.3% | 68.34% |
2021 | 16.9% | 1.2% | 22.5% | 69.47% |
2020 | 18.4% | 6.6% | 25.0% | 22.47% |
2019 | 26.0% | 21.4% | 39.5% | 39.51% |
NAV & Total Return History
FQLSX - Holdings
Concentration Analysis
FQLSX | Category Low | Category High | FQLSX % Rank | |
---|---|---|---|---|
Net Assets | 29.4 M | 2.31 M | 44.1 B | 85.07% |
Number of Holdings | 27 | 2 | 572 | 23.88% |
Net Assets in Top 10 | 24.2 M | 1.91 M | 41.6 B | 85.57% |
Weighting of Top 10 | 82.42% | 43.1% | 100.0% | 68.78% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.65%
- Fidelity Series Blue Chip Growth Fund 11.34%
- Fidelity Series Emerging Markets Opportunities Fund 10.18%
- Fidelity Series Large Cap Stock Fund 7.59%
- Fidelity Series Large Cap Growth Index Fund 7.11%
- Fidelity Series International Growth Fund 7.03%
- Fidelity Series Overseas Fund 6.99%
- Fidelity Series International Value Fund 6.91%
- Fidelity Series Long-Term Treasury Bond Index Fund 6.66%
- Fidelity Series Value Discovery Fund 4.96%
Asset Allocation
Weighting | Return Low | Return High | FQLSX % Rank | |
---|---|---|---|---|
Stocks | 99.97% | 0.00% | 100.05% | 27.36% |
Convertible Bonds | 0.05% | 0.00% | 1.00% | 67.16% |
Cash | 0.03% | 0.00% | 14.08% | 63.18% |
Preferred Stocks | 0.00% | 0.00% | 0.16% | 93.53% |
Other | 0.00% | 0.00% | 11.68% | 93.53% |
Bonds | 0.00% | 0.00% | 13.02% | 95.02% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FQLSX % Rank | |
---|---|---|---|---|
Technology | 18.89% | 14.04% | 24.10% | 53.23% |
Financial Services | 17.95% | 12.57% | 18.90% | 9.95% |
Industrials | 11.66% | 9.12% | 12.53% | 24.38% |
Consumer Cyclical | 11.55% | 8.05% | 13.40% | 31.84% |
Healthcare | 11.10% | 10.32% | 14.65% | 95.52% |
Communication Services | 7.35% | 5.69% | 10.32% | 44.28% |
Basic Materials | 6.11% | 3.22% | 6.79% | 12.44% |
Consumer Defense | 5.51% | 4.68% | 11.07% | 86.57% |
Energy | 5.46% | 2.33% | 5.97% | 11.94% |
Utilities | 2.27% | 1.89% | 8.12% | 92.54% |
Real Estate | 2.16% | 1.72% | 10.21% | 88.56% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FQLSX % Rank | |
---|---|---|---|---|
US | 99.97% | 0.00% | 100.05% | 27.36% |
Non US | 0.00% | 0.00% | 40.80% | 93.53% |
FQLSX - Expenses
Operational Fees
FQLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.06% | 21.78% | 99.94% |
Management Fee | 0.00% | 0.00% | 0.93% | 28.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FQLSX 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
FQLSX 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.
FQLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.00% | 0.00% | 116.00% | 85.79% |
FQLSX - Distributions
Dividend Yield Analysis
FQLSX | Category Low | Category High | FQLSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.19% | 0.00% | 5.56% | 34.83% |
Dividend Distribution Analysis
FQLSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FQLSX | Category Low | Category High | FQLSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.77% | -0.38% | 3.85% | 3.21% |
Capital Gain Distribution Analysis
FQLSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Semi-Annually | Semi-Monthly | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.228 | OrdinaryDividend |
Dec 28, 2023 | $0.015 | CapitalGainShortTerm |
Dec 29, 2022 | $0.358 | OrdinaryDividend |
May 06, 2022 | $0.212 | OrdinaryDividend |
Dec 30, 2021 | $0.686 | OrdinaryDividend |
May 07, 2021 | $0.343 | OrdinaryDividend |
Dec 30, 2020 | $0.511 | OrdinaryDividend |
May 08, 2020 | $0.171 | OrdinaryDividend |
Dec 30, 2019 | $0.227 | OrdinaryDividend |
Dec 30, 2019 | $0.047 | CapitalGainShortTerm |
Dec 30, 2019 | $0.062 | CapitalGainLongTerm |
May 10, 2019 | $0.402 | CapitalGainLongTerm |
May 10, 2019 | $0.008 | OrdinaryDividend |
Dec 28, 2018 | $0.062 | CapitalGainShortTerm |
Dec 28, 2018 | $0.156 | CapitalGainLongTerm |
Dec 28, 2018 | $0.213 | OrdinaryDividend |
May 11, 2018 | $0.016 | CapitalGainShortTerm |
May 11, 2018 | $0.295 | CapitalGainLongTerm |
May 11, 2018 | $0.008 | OrdinaryDividend |
Dec 28, 2017 | $0.166 | OrdinaryDividend |
Dec 28, 2017 | $0.056 | CapitalGainShortTerm |
Dec 28, 2017 | $0.109 | CapitalGainLongTerm |
FQLSX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 08, 2017
4.98
5.0%
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
Jun 08, 2017
4.98
5.0%
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 | 14.26 | 5.36 | 2.41 |