Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.9%
1 yr return
17.8%
3 Yr Avg Return
2.2%
5 Yr Avg Return
8.4%
Net Assets
$613 M
Holdings in Top 10
74.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FDKTX - Profile
Distributions
- YTD Total Return 4.9%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.62%
- Dividend Yield 1.7%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2060 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateAug 05, 2014
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FDKTX - Performance
Return Ranking - Trailing
Period | FDKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | 3.9% | 12.9% | 65.66% |
1 Yr | 17.8% | 30.7% | 65.2% | 45.39% |
3 Yr | 2.2%* | 8.7% | 13.7% | 29.32% |
5 Yr | 8.4%* | 10.3% | 14.1% | 38.02% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FDKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.4% | -3.3% | 18.9% | 75.92% |
2022 | -26.0% | 11.7% | 29.3% | 73.13% |
2021 | 6.4% | -23.9% | -7.8% | 78.79% |
2020 | 11.2% | 13.0% | 20.8% | 59.56% |
2019 | 18.6% | 1.7% | 8.6% | 76.67% |
Total Return Ranking - Trailing
Period | FDKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | 3.9% | 12.9% | 65.66% |
1 Yr | 17.8% | 30.7% | 65.2% | 79.08% |
3 Yr | 2.2%* | 7.7% | 13.7% | 67.02% |
5 Yr | 8.4%* | 9.6% | 14.1% | 67.77% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FDKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.6% | -3.3% | 18.9% | 75.92% |
2022 | -18.7% | 11.7% | 29.3% | 73.13% |
2021 | 15.3% | -23.9% | -5.7% | 67.27% |
2020 | 16.9% | 14.1% | 22.7% | 20.59% |
2019 | 26.0% | 1.7% | 11.0% | 23.33% |
NAV & Total Return History
FDKTX - Holdings
Concentration Analysis
FDKTX | Category Low | Category High | FDKTX % Rank | |
---|---|---|---|---|
Net Assets | 613 M | 60.7 K | 7.18 B | 14.78% |
Number of Holdings | 43 | 4 | 494 | 6.27% |
Net Assets in Top 10 | 426 M | 51.6 K | 7.13 B | 14.99% |
Weighting of Top 10 | 74.47% | 38.0% | 100.0% | 93.38% |
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 | FDKTX % Rank | |
---|---|---|---|---|
Stocks | 99.64% | 65.98% | 98.58% | 74.11% |
Cash | 0.22% | -86.71% | 14.73% | 8.45% |
Bonds | 0.17% | 0.00% | 92.61% | 46.32% |
Other | 0.11% | -0.07% | 13.26% | 33.24% |
Convertible Bonds | 0.05% | 0.00% | 0.77% | 35.97% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 19.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FDKTX % Rank | |
---|---|---|---|---|
Financial Services | 18.90% | 12.29% | 18.11% | 6.27% |
Technology | 18.34% | 14.77% | 21.46% | 32.97% |
Industrials | 12.05% | 9.57% | 15.26% | 24.25% |
Healthcare | 11.81% | 8.82% | 15.72% | 62.94% |
Consumer Cyclical | 9.34% | 9.27% | 14.12% | 94.55% |
Communication Services | 8.00% | 6.12% | 11.04% | 26.70% |
Basic Materials | 6.79% | 2.40% | 5.65% | 12.26% |
Energy | 5.67% | 1.87% | 4.03% | 12.53% |
Consumer Defense | 5.10% | 4.55% | 11.70% | 90.46% |
Utilities | 2.11% | 0.55% | 4.39% | 92.37% |
Real Estate | 1.89% | 1.82% | 9.04% | 88.01% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FDKTX % Rank | |
---|---|---|---|---|
US | 99.64% | 34.23% | 75.57% | 92.37% |
Non US | 0.00% | 18.37% | 51.41% | 6.54% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FDKTX % Rank | |
---|---|---|---|---|
Government | 51.86% | 0.00% | 72.52% | 23.16% |
Corporate | 11.14% | 0.08% | 63.17% | 72.75% |
Securitized | 2.07% | 0.00% | 29.24% | 82.83% |
Cash & Equivalents | 0.22% | 1.23% | 99.01% | 17.98% |
Derivative | 0.11% | 0.00% | 31.93% | 36.78% |
Municipal | 0.04% | 0.00% | 4.01% | 72.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FDKTX % Rank | |
---|---|---|---|---|
US | 0.17% | -0.24% | 50.12% | 44.41% |
Non US | 0.00% | 0.00% | 42.49% | 46.87% |
FDKTX - Expenses
Operational Fees
FDKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.02% | 35.30% | 38.31% |
Management Fee | 0.75% | 0.00% | 0.94% | 95.16% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 67.54% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
FDKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 3.50% | 5.75% | 92.11% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FDKTX 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.
FDKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 3.00% | 208.00% | 50.19% |
FDKTX - Distributions
Dividend Yield Analysis
FDKTX | Category Low | Category High | FDKTX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.73% | 0.00% | 1.44% | 23.92% |
Dividend Distribution Analysis
FDKTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Annually |
Net Income Ratio Analysis
FDKTX | Category Low | Category High | FDKTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.62% | -0.04% | 8.75% | 81.47% |
Capital Gain Distribution Analysis
FDKTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.116 | OrdinaryDividend |
Dec 30, 2022 | $0.207 | OrdinaryDividend |
Dec 31, 2018 | $0.156 | OrdinaryDividend |
Dec 29, 2017 | $0.096 | OrdinaryDividend |
Dec 29, 2016 | $0.101 | OrdinaryDividend |
Dec 30, 2015 | $0.076 | OrdinaryDividend |
FDKTX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 05, 2014
7.82
7.8%
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 05, 2014
7.82
7.8%
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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |