Fidelity Flex Freedom Blend 2040 Fund
Name
As of 11/13/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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Vitals
YTD Return
8.5%
1 yr return
15.8%
3 Yr Avg Return
16.7%
5 Yr Avg Return
8.4%
Net Assets
$50.4 M
Holdings in Top 10
78.2%
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 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/13/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
News & Popular Funds, ETFs
View all
How Advisors Are Unwinding Concentrated Stock Positions Before Year-End (Prompt Included)
It’s Time to Trade Passive Bond ETFs For Active Ones
How Advisors Are Prepping Clients for a December Rate Hike (Prompt Included)
FCLSX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 16.7%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.84%
- Dividend Yield 3.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Flex Freedom Blend 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrett Sumsion
Fund Description
FCLSX - Performance
Return Ranking - Trailing
| Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | 2.9% | 13.3% | 25.15% |
| 1 Yr | 15.8% | 2.1% | 20.8% | 17.96% |
| 3 Yr | 16.7%* | 10.5% | 18.3% | 20.96% |
| 5 Yr | 8.4%* | 3.1% | 9.0% | 8.43% |
| 10 Yr | N/A* | 6.8% | 11.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 15.5% | -2.4% | 17.8% | 19.05% |
| 2024 | 8.0% | -3.2% | 15.0% | 64.88% |
| 2023 | 17.9% | 9.0% | 18.3% | 2.99% |
| 2022 | -22.6% | -37.2% | -15.9% | 41.92% |
| 2021 | 9.0% | -6.3% | 17.5% | 39.87% |
Total Return Ranking - Trailing
| Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | 2.9% | 13.3% | 25.15% |
| 1 Yr | 15.8% | 2.1% | 20.8% | 17.96% |
| 3 Yr | 16.7%* | 10.5% | 18.3% | 20.96% |
| 5 Yr | 8.4%* | 3.1% | 9.0% | 8.43% |
| 10 Yr | N/A* | 6.8% | 11.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FCLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 21.4% | 9.8% | 25.4% | 10.12% |
| 2024 | 13.4% | -0.3% | 22.2% | 39.88% |
| 2023 | 20.5% | 12.5% | 37.9% | 16.17% |
| 2022 | -17.8% | -19.9% | -2.8% | 62.28% |
| 2021 | 16.9% | 8.3% | 22.1% | 26.58% |
NAV & Total Return History
FCLSX - Holdings
Concentration Analysis
| FCLSX | Category Low | Category High | FCLSX % Rank | |
|---|---|---|---|---|
| Net Assets | 50.4 M | 38 M | 118 B | 91.07% |
| Number of Holdings | 32 | 3 | 87 | 19.05% |
| Net Assets in Top 10 | 42.3 M | 27.5 M | 120 B | 95.83% |
| Weighting of Top 10 | 78.16% | 54.3% | 102.6% | 57.23% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 12.87%
- Fidelity Series Blue Chip Growth Fund 10.75%
- Fidelity Series Emerging Markets Opportunities Fund 10.63%
- Fidelity Series Long-Term Treasury Bond Index Fund 7.28%
- FIDELITY SERIES LARGE CAP STOCK FUND 7.24%
- Fidelity Series Large Cap Growth Index Fund 6.69%
- Fidelity Series International Growth Fund 6.15%
- Fidelity Series Overseas Fund 6.04%
- Fidelity Series International Value Fund 5.84%
- Fidelity Series Value Discovery Fund 4.67%
Asset Allocation
| Weighting | Return Low | Return High | FCLSX % Rank | |
|---|---|---|---|---|
| Stocks | 99.96% | 0.00% | 100.94% | 22.02% |
| Convertible Bonds | 0.06% | 0.00% | 0.98% | 87.50% |
| Cash | 0.04% | 0.00% | 7.69% | 71.43% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 37.50% |
| Other | 0.00% | -0.30% | 0.10% | 58.93% |
| Bonds | 0.00% | 0.00% | 16.22% | 59.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FCLSX % Rank | |
|---|---|---|---|---|
| Technology | 18.89% | 16.60% | 24.03% | 51.19% |
| Financial Services | 17.96% | 13.11% | 18.83% | 11.31% |
| Industrials | 11.66% | 9.02% | 12.29% | 19.64% |
| Consumer Cyclical | 11.54% | 9.11% | 13.32% | 28.57% |
| Healthcare | 11.10% | 10.75% | 14.53% | 94.64% |
| Communication Services | 7.35% | 5.69% | 9.96% | 44.05% |
| Basic Materials | 6.12% | 3.33% | 6.86% | 10.12% |
| Consumer Defense | 5.51% | 4.75% | 8.27% | 89.88% |
| Energy | 5.46% | 2.43% | 6.31% | 15.48% |
| Utilities | 2.27% | 1.90% | 3.69% | 92.86% |
| Real Estate | 2.16% | 1.87% | 10.11% | 94.05% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FCLSX % Rank | |
|---|---|---|---|---|
| US | 99.96% | 0.00% | 100.94% | 22.02% |
| Non US | 0.00% | 0.00% | 31.64% | 44.64% |
FCLSX - Expenses
Operational Fees
| FCLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.05% | 4.01% | 100.00% |
| Management Fee | 0.00% | 0.00% | 0.85% | 13.94% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| FCLSX 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
| FCLSX 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.
| FCLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 2.00% | 112.00% | 74.00% |
FCLSX - Distributions
Dividend Yield Analysis
| FCLSX | Category Low | Category High | FCLSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.86% | 0.00% | 8.83% | 49.40% |
Dividend Distribution Analysis
| FCLSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| FCLSX | Category Low | Category High | FCLSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.84% | -0.21% | 4.18% | 4.29% |
Capital Gain Distribution Analysis
| FCLSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.293 | OrdinaryDividend |
| Dec 30, 2025 | $0.039 | CapitalGainShortTerm |
| Dec 30, 2025 | $0.193 | CapitalGainLongTerm |
| May 09, 2025 | $0.174 | CapitalGainLongTerm |
| May 09, 2025 | $0.023 | OrdinaryDividend |
| Dec 30, 2024 | $0.525 | OrdinaryDividend |
| Dec 30, 2024 | $0.268 | OrdinaryDividend |
| Dec 30, 2024 | $0.033 | CapitalGainShortTerm |
| Dec 30, 2024 | $0.224 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.244 | OrdinaryDividend |
| Dec 28, 2023 | $0.014 | CapitalGainShortTerm |
| Dec 29, 2022 | $0.450 | OrdinaryDividend |
| May 06, 2022 | $0.180 | OrdinaryDividend |
| Dec 30, 2021 | $0.579 | OrdinaryDividend |
| May 07, 2021 | $0.341 | OrdinaryDividend |
| Dec 30, 2020 | $0.517 | OrdinaryDividend |
| May 08, 2020 | $0.162 | OrdinaryDividend |
| Dec 30, 2019 | $0.227 | OrdinaryDividend |
| Dec 30, 2019 | $0.044 | 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 | $0.154 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.213 | OrdinaryDividend |
| May 11, 2018 | $0.018 | CapitalGainShortTerm |
| May 11, 2018 | $0.295 | CapitalGainLongTerm |
| May 11, 2018 | $0.009 | OrdinaryDividend |
| Dec 28, 2017 | $0.165 | OrdinaryDividend |
| Dec 28, 2017 | $0.056 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.109 | CapitalGainLongTerm |
FCLSX - Fund Manager Analysis
Managers
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.
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.59 | 5.98 | 2.41 |