Fidelity Freedom Blend 2040 Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.4%
1 yr return
22.1%
3 Yr Avg Return
17.4%
5 Yr Avg Return
8.9%
Net Assets
$4.99 B
Holdings in Top 10
75.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFBTX - Profile
Distributions
- YTD Total Return 6.4%
- 3 Yr Annualized Total Return 17.4%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.87%
- Dividend Yield 3.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2040 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateApr 20, 2021
-
Shares OutstandingN/A
-
Share ClassPremier
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFBTX - Performance
Return Ranking - Trailing
| Period | FFBTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.4% | 1.6% | 13.2% | 82.46% |
| 1 Yr | 22.1% | 14.7% | 26.7% | 45.61% |
| 3 Yr | 17.4%* | 11.3% | 19.1% | 28.65% |
| 5 Yr | 8.9%* | 4.4% | 9.8% | 17.96% |
| 10 Yr | N/A* | 7.1% | 12.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FFBTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 17.8% | -2.4% | 17.8% | 1.75% |
| 2024 | 10.1% | -3.2% | 15.0% | 39.18% |
| 2023 | 17.9% | 9.0% | 18.3% | 3.53% |
| 2022 | -23.5% | -37.2% | -15.9% | 57.65% |
| 2021 | N/A | -6.3% | 17.5% | N/A |
Total Return Ranking - Trailing
| Period | FFBTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.4% | 1.6% | 13.2% | 82.46% |
| 1 Yr | 22.1% | 14.7% | 26.7% | 45.61% |
| 3 Yr | 17.4%* | 11.3% | 19.1% | 28.65% |
| 5 Yr | 8.9%* | 4.4% | 9.8% | 17.96% |
| 10 Yr | N/A* | 7.1% | 12.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FFBTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 21.4% | 9.8% | 25.4% | 10.53% |
| 2024 | 13.0% | -0.3% | 22.2% | 51.46% |
| 2023 | 20.3% | 12.5% | 37.9% | 18.24% |
| 2022 | -18.5% | -19.9% | -2.8% | 82.94% |
| 2021 | N/A | 8.3% | 22.1% | N/A |
NAV & Total Return History
FFBTX - Holdings
Concentration Analysis
| FFBTX | Category Low | Category High | FFBTX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.99 B | 27.1 M | 116 B | 23.39% |
| Number of Holdings | 46 | 3 | 88 | 7.02% |
| Net Assets in Top 10 | 3.42 B | 27.5 M | 108 B | 26.32% |
| Weighting of Top 10 | 75.52% | 55.2% | 109.7% | 64.50% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.59%
- Fidelity Series Blue Chip Growth Fund 11.26%
- Fidelity Series Emerging Markets Opportunities Fund 9.12%
- Fidelity Series Large Cap Growth Index Fund 7.11%
- FIDELITY SERIES LARGE CAP STOCK FUND 6.89%
- Fidelity Series International Value Fund 6.05%
- Fidelity Series Overseas Fund 5.94%
- Fidelity Series International Growth Fund 5.92%
- Fidelity Series Value Discovery Fund 4.91%
- Fidelity Series Long-Term Treasury Bond Index Fund 4.72%
Asset Allocation
| Weighting | Return Low | Return High | FFBTX % Rank | |
|---|---|---|---|---|
| Stocks | 99.63% | 0.00% | 99.99% | 54.97% |
| Bonds | 0.25% | 0.00% | 16.22% | 16.37% |
| Cash | 0.14% | 0.00% | 11.47% | 46.20% |
| Convertible Bonds | 0.06% | 0.00% | 0.98% | 89.47% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 56.73% |
| Other | -0.02% | -0.12% | 1.88% | 87.13% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFBTX % Rank | |
|---|---|---|---|---|
| Technology | 18.70% | 16.60% | 24.03% | 58.48% |
| Financial Services | 18.05% | 13.11% | 18.83% | 8.19% |
| Industrials | 11.66% | 9.02% | 12.29% | 21.05% |
| Consumer Cyclical | 11.43% | 9.11% | 13.32% | 34.50% |
| Healthcare | 11.16% | 10.75% | 14.53% | 91.81% |
| Communication Services | 7.34% | 5.69% | 9.96% | 46.20% |
| Basic Materials | 6.12% | 3.33% | 6.86% | 11.70% |
| Consumer Defense | 5.55% | 4.75% | 8.27% | 84.80% |
| Energy | 5.51% | 2.43% | 6.31% | 9.36% |
| Utilities | 2.32% | 1.90% | 3.69% | 87.72% |
| Real Estate | 2.18% | 1.87% | 10.11% | 90.06% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFBTX % Rank | |
|---|---|---|---|---|
| US | 99.63% | 0.00% | 99.99% | 54.97% |
| Non US | 0.00% | 0.00% | 31.64% | 59.06% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFBTX % Rank | |
|---|---|---|---|---|
| Government | 53.02% | 13.41% | 62.05% | 8.19% |
| Corporate | 11.95% | 4.05% | 50.07% | 83.04% |
| Securitized | 4.43% | 0.00% | 36.42% | 85.96% |
| Cash & Equivalents | 0.11% | 0.00% | 49.63% | 38.60% |
| Municipal | 0.03% | 0.00% | 4.64% | 80.70% |
| Derivative | -0.02% | -0.12% | 0.03% | 87.13% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFBTX % Rank | |
|---|---|---|---|---|
| US | 0.25% | 0.00% | 15.24% | 16.37% |
| Non US | 0.00% | 0.00% | 1.18% | 56.73% |
FFBTX - Expenses
Operational Fees
| FFBTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.20% | 0.05% | 4.73% | 92.94% |
| Management Fee | 0.20% | 0.00% | 0.85% | 51.19% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| FFBTX 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
| FFBTX 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.
| FFBTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 2.00% | 112.00% | 51.63% |
FFBTX - Distributions
Dividend Yield Analysis
| FFBTX | Category Low | Category High | FFBTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.32% | 0.00% | 8.83% | 61.99% |
Dividend Distribution Analysis
| FFBTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| FFBTX | Category Low | Category High | FFBTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.87% | -0.21% | 4.18% | 1.20% |
Capital Gain Distribution Analysis
| FFBTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| May 15, 2026 | $0.012 | OrdinaryDividend |
| May 15, 2026 | $0.272 | CapitalGainLongTerm |
| Dec 30, 2025 | $0.266 | OrdinaryDividend |
| Dec 30, 2025 | $0.007 | CapitalGainShortTerm |
| Dec 30, 2025 | $0.075 | CapitalGainLongTerm |
| May 09, 2025 | $0.001 | CapitalGainShortTerm |
| May 09, 2025 | $0.008 | OrdinaryDividend |
| May 09, 2025 | $0.079 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.231 | OrdinaryDividend |
| Dec 30, 2024 | $0.093 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.324 | OrdinaryDividend |
| Dec 28, 2023 | $0.201 | OrdinaryDividend |
| Dec 28, 2023 | $0.018 | CapitalGainShortTerm |
| May 12, 2023 | $0.004 | OrdinaryDividend |
| Dec 29, 2022 | $0.318 | OrdinaryDividend |
| May 06, 2022 | $0.329 | CapitalGainLongTerm |
| Dec 30, 2021 | $0.815 | OrdinaryDividend |
| May 07, 2021 | $0.285 | OrdinaryDividend |
FFBTX - 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 | 17.59 | 5.89 | 2.41 |