Fidelity Freedom Blend 2055 Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.4%
1 yr return
14.9%
3 Yr Avg Return
2.3%
5 Yr Avg Return
8.8%
Net Assets
$1.08 B
Holdings in Top 10
82.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHQEX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.91%
- Dividend Yield 1.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2055 Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 06, 2018
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FHQEX - Performance
Return Ranking - Trailing
Period | FHQEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | 2.3% | 13.1% | 66.83% |
1 Yr | 14.9% | 6.2% | 24.0% | 60.40% |
3 Yr | 2.3%* | -4.7% | 6.3% | 70.77% |
5 Yr | 8.8%* | 5.3% | 10.2% | 36.59% |
10 Yr | N/A* | 5.5% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FHQEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | 2.5% | 21.5% | 29.00% |
2022 | -23.7% | -46.7% | -17.2% | 53.00% |
2021 | 7.3% | -9.7% | 20.3% | 53.40% |
2020 | 12.5% | 0.0% | 16.1% | 45.81% |
2019 | 22.6% | 11.6% | 23.6% | 13.50% |
Total Return Ranking - Trailing
Period | FHQEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | 2.3% | 13.1% | 66.83% |
1 Yr | 14.9% | 6.2% | 24.0% | 60.40% |
3 Yr | 2.3%* | -4.7% | 6.3% | 70.77% |
5 Yr | 8.8%* | 5.3% | 10.2% | 36.59% |
10 Yr | N/A* | 5.5% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FHQEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.5% | 10.6% | 36.3% | 48.50% |
2022 | -19.1% | -27.3% | 0.3% | 77.00% |
2021 | 16.3% | 1.2% | 22.5% | 82.20% |
2020 | 17.8% | 6.6% | 25.0% | 34.64% |
2019 | 26.4% | 21.4% | 39.5% | 28.22% |
NAV & Total Return History
FHQEX - Holdings
Concentration Analysis
FHQEX | Category Low | Category High | FHQEX % Rank | |
---|---|---|---|---|
Net Assets | 1.08 B | 2.31 M | 44.1 B | 27.72% |
Number of Holdings | 44 | 2 | 572 | 4.46% |
Net Assets in Top 10 | 896 M | 1.91 M | 41.6 B | 27.72% |
Weighting of Top 10 | 82.95% | 43.1% | 100.0% | 65.79% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.86%
- Fidelity Series Blue Chip Growth Fund 11.53%
- Fidelity Series Emerging Markets Opportunities Fund 10.88%
- Fidelity Series Large Cap Stock Fund 7.71%
- Fidelity Series Large Cap Growth Index Fund 7.22%
- 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 5.78%
- Fidelity Series Value Discovery Fund 5.04%
Asset Allocation
Weighting | Return Low | Return High | FHQEX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.05% | 48.51% |
Cash | 0.20% | 0.00% | 14.08% | 50.00% |
Bonds | 0.17% | 0.00% | 13.02% | 29.70% |
Other | 0.11% | 0.00% | 11.68% | 18.32% |
Convertible Bonds | 0.05% | 0.00% | 1.00% | 64.85% |
Preferred Stocks | 0.00% | 0.00% | 0.16% | 87.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHQEX % Rank | |
---|---|---|---|---|
Technology | 18.70% | 14.04% | 24.10% | 61.39% |
Financial Services | 18.04% | 12.57% | 18.90% | 6.93% |
Industrials | 11.66% | 9.12% | 12.53% | 21.78% |
Consumer Cyclical | 11.43% | 8.05% | 13.40% | 38.12% |
Healthcare | 11.16% | 10.32% | 14.65% | 91.58% |
Communication Services | 7.34% | 5.69% | 10.32% | 47.03% |
Basic Materials | 6.11% | 3.22% | 6.79% | 9.90% |
Consumer Defense | 5.55% | 4.68% | 11.07% | 83.66% |
Energy | 5.51% | 2.33% | 5.97% | 8.91% |
Utilities | 2.32% | 1.89% | 8.12% | 80.69% |
Real Estate | 2.18% | 1.72% | 10.21% | 85.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHQEX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.05% | 48.51% |
Non US | 0.00% | 0.00% | 40.80% | 87.13% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHQEX % Rank | |
---|---|---|---|---|
Government | 54.19% | 1.77% | 73.78% | 8.91% |
Corporate | 11.07% | 0.99% | 40.57% | 62.38% |
Securitized | 2.45% | 0.00% | 27.58% | 79.70% |
Cash & Equivalents | 0.20% | 0.00% | 86.55% | 47.03% |
Derivative | 0.11% | 0.00% | 18.69% | 13.37% |
Municipal | 0.01% | 0.00% | 1.17% | 80.69% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHQEX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 11.68% | 29.70% |
Non US | 0.00% | 0.00% | 2.07% | 87.13% |
FHQEX - Expenses
Operational Fees
FHQEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.06% | 21.78% | 72.50% |
Management Fee | 0.49% | 0.00% | 0.93% | 82.63% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHQEX 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
FHQEX 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.
FHQEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 116.00% | 54.89% |
FHQEX - Distributions
Dividend Yield Analysis
FHQEX | Category Low | Category High | FHQEX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.52% | 0.00% | 5.73% | 54.95% |
Dividend Distribution Analysis
FHQEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
FHQEX | Category Low | Category High | FHQEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.91% | -0.38% | 3.85% | 15.43% |
Capital Gain Distribution Analysis
FHQEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.197 | OrdinaryDividend |
Dec 30, 2022 | $0.275 | OrdinaryDividend |
FHQEX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
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
Aug 31, 2018
3.75
3.8%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 14.26 | 5.38 | 2.41 |