Fidelity Advisor Freedom 2040 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.4%
1 yr return
22.1%
3 Yr Avg Return
3.7%
5 Yr Avg Return
8.9%
Net Assets
$2.69 B
Holdings in Top 10
71.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.74%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 26.00%
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
FCFFX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.07%
- Dividend Yield 1.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJul 25, 2003
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FCFFX - Performance
Return Ranking - Trailing
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | 3.7% | 11.9% | 25.00% |
1 Yr | 22.1% | 13.5% | 26.8% | 40.63% |
3 Yr | 3.7%* | -0.6% | 6.9% | 80.11% |
5 Yr | 8.9%* | 6.0% | 10.8% | 53.05% |
10 Yr | 7.5%* | 5.0% | 9.2% | 66.32% |
* Annualized
Return Ranking - Calendar
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | 9.0% | 18.3% | 17.28% |
2022 | -26.7% | -60.3% | -15.8% | 85.86% |
2021 | 4.6% | -6.3% | 17.5% | 68.68% |
2020 | 8.9% | 3.3% | 14.9% | 78.24% |
2019 | 17.1% | 6.0% | 22.6% | 58.28% |
Total Return Ranking - Trailing
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | 3.7% | 11.9% | 25.00% |
1 Yr | 22.1% | 13.5% | 26.8% | 40.63% |
3 Yr | 3.7%* | -0.6% | 6.9% | 80.11% |
5 Yr | 8.9%* | 6.0% | 10.8% | 53.05% |
10 Yr | 7.5%* | 5.0% | 9.2% | 66.32% |
* Annualized
Total Return Ranking - Calendar
Period | FCFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.5% | 11.9% | 37.9% | 72.77% |
2022 | -19.1% | -29.4% | -2.8% | 88.48% |
2021 | 14.8% | 8.3% | 22.1% | 81.32% |
2020 | 16.2% | 8.2% | 22.1% | 48.24% |
2019 | 25.4% | 19.6% | 40.1% | 36.20% |
NAV & Total Return History
FCFFX - Holdings
Concentration Analysis
FCFFX | Category Low | Category High | FCFFX % Rank | |
---|---|---|---|---|
Net Assets | 2.69 B | 2.51 M | 72.2 B | 28.13% |
Number of Holdings | 45 | 3 | 589 | 11.98% |
Net Assets in Top 10 | 1.85 B | 2.64 M | 79.5 B | 32.29% |
Weighting of Top 10 | 71.05% | 42.6% | 100.8% | 77.01% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.48%
- Fidelity Series Large Cap Stock Fund 9.25%
- Fidelity Series International Growth Fund 7.52%
- Fidelity Series Overseas Fund 7.48%
- Fidelity Series International Value Fund 7.39%
- Fidelity Advisor Series Equity Growth Fund 6.86%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.79%
- Fidelity Series Value Discovery Fund 5.46%
- Fidelity Series Opportunistic Insights Fund 5.42%
- Fidelity Series Stock Selector Large Cap Value Fund 5.39%
Asset Allocation
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Stocks | 99.61% | 0.00% | 100.08% | 44.79% |
Cash | 0.24% | 0.00% | 12.43% | 48.96% |
Bonds | 0.17% | 0.00% | 32.32% | 20.83% |
Other | 0.11% | 0.00% | 3.98% | 16.15% |
Convertible Bonds | 0.08% | 0.00% | 0.98% | 78.65% |
Preferred Stocks | 0.00% | 0.00% | 0.12% | 54.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.11% | 18.83% | 3.65% |
Technology | 17.40% | 13.94% | 24.03% | 88.02% |
Healthcare | 12.39% | 10.75% | 14.53% | 55.21% |
Industrials | 11.65% | 9.02% | 12.29% | 25.52% |
Consumer Cyclical | 9.11% | 8.05% | 13.32% | 98.44% |
Communication Services | 7.68% | 5.69% | 10.24% | 24.48% |
Basic Materials | 6.86% | 3.14% | 6.86% | 2.08% |
Energy | 6.31% | 2.33% | 6.31% | 2.08% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 84.38% |
Utilities | 2.27% | 1.90% | 8.13% | 94.27% |
Real Estate | 1.95% | 1.87% | 10.11% | 96.88% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
US | 99.61% | 0.00% | 100.08% | 44.79% |
Non US | 0.00% | 0.00% | 33.48% | 58.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
Government | 50.25% | 13.41% | 62.05% | 19.27% |
Corporate | 12.64% | 4.05% | 50.07% | 79.17% |
Securitized | 3.73% | 0.00% | 36.42% | 92.19% |
Cash & Equivalents | 0.24% | 0.00% | 49.63% | 43.23% |
Derivative | 0.11% | 0.00% | 15.10% | 9.90% |
Municipal | 0.08% | 0.00% | 4.64% | 67.71% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FCFFX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 29.10% | 20.83% |
Non US | 0.00% | 0.00% | 7.44% | 56.25% |
FCFFX - Expenses
Operational Fees
FCFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.74% | 0.06% | 8.36% | 10.47% |
Management Fee | 0.74% | 0.00% | 0.87% | 97.88% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 93.81% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FCFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 4.00% | 54.55% |
Trading Fees
FCFFX 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.
FCFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 2.00% | 112.00% | 63.22% |
FCFFX - Distributions
Dividend Yield Analysis
FCFFX | Category Low | Category High | FCFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.23% | 0.00% | 8.98% | 89.58% |
Dividend Distribution Analysis
FCFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Semi-Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FCFFX | Category Low | Category High | FCFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.07% | -0.21% | 4.18% | 61.50% |
Capital Gain Distribution Analysis
FCFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.101 | OrdinaryDividend |
Dec 30, 2022 | $0.161 | OrdinaryDividend |
Dec 30, 2011 | $0.081 | OrdinaryDividend |
Dec 31, 2010 | $0.066 | OrdinaryDividend |
Dec 29, 2009 | $0.079 | OrdinaryDividend |
May 18, 2009 | $0.004 | OrdinaryDividend |
Dec 29, 2008 | $0.115 | OrdinaryDividend |
Dec 31, 2007 | $0.097 | OrdinaryDividend |
Dec 29, 2006 | $0.098 | OrdinaryDividend |
Dec 30, 2005 | $0.059 | OrdinaryDividend |
Dec 30, 2004 | $0.100 | OrdinaryDividend |
Dec 29, 2003 | $0.080 | OrdinaryDividend |
FCFFX - 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 | 5.82 | 2.41 |