FFFEX: Fidelity Freedom® 2030

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FFFEX Fidelity Freedom® 2030


Profile

FFFEX - Profile

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $32.3 B
  • Holdings in Top 10 73.1%

52 WEEK LOW AND HIGH

$17.82
$13.70
$18.50

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity Freedom® 2030 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Oct 17, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests in a combination of Fidelity ® domestic equity funds, international equity funds, bond funds, and short-term funds. It allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom ® Income Fund, approximately 10 to 19 years after the year 2030.


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Categories

Fund Company Quick Screens

FFFEX - Fund Company Quick Screens


Performance

FFFEX - Performance

Return Ranking - Trailing

Period FFFEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -17.6% 10.0% 80.85%
1 Yr 6.2% -18.6% 17.5% 25.43%
3 Yr 0.6%* -18.9% 7.9% 37.60%
5 Yr 1.7%* -11.3% 5.8% 22.04%
10 Yr 3.5%* -4.1% 8.8% 25.85%

* Annualized

Return Ranking - Calendar

Period FFFEX Return Category Return Low Category Return High Rank in Category (%)
2019 13.7% -1.8% 25.1% 32.60%
2018 -13.2% -30.8% -0.6% 54.38%
2017 14.4% -36.9% 18.0% 15.82%
2016 3.8% -5.2% 8.1% 43.24%
2015 -5.7% -20.8% -1.4% 49.43%

Total Return Ranking - Trailing

Period FFFEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -17.6% 10.0% 80.85%
1 Yr 6.2% -18.6% 17.5% 25.43%
3 Yr 2.5%* -18.9% 8.1% 47.81%
5 Yr 4.8%* -11.3% 7.9% 28.90%
10 Yr 7.3%* -4.1% 9.0% 19.32%

* Annualized

Total Return Ranking - Calendar

Period FFFEX Return Category Return Low Category Return High Rank in Category (%)
2019 13.7% -1.8% 25.1% 32.60%
2018 -10.9% -25.4% 1.3% 63.54%
2017 19.8% -36.9% 24.6% 2.75%
2016 8.1% -3.2% 12.3% 14.03%
2015 -0.1% -20.6% 2.9% 4.74%

NAV & Total Return History


Holdings

FFFEX - Holdings

Concentration Analysis

FFFEX Category Low Category High FFFEX % Rank
Net Assets 32.3 B 117 K 32.3 B 0.09%
Number of Holdings 35 1 521 8.39%
Net Assets in Top 10 23.6 B 0 23.6 B 0.09%
Weighting of Top 10 73.06% 0.0% 100.0% 68.99%

Top 10 Holdings

  1. Fidelity® Series Investment Grade Bond 19.22%
  2. Fidelity® Series Emerging Markets Opps 11.08%
  3. Fidelity® Series Growth Company 6.12%
  4. Fidelity® Series Intrinsic Opps 5.93%
  5. Fidelity® Series International Growth 5.50%
  6. Fidelity® Series International Value 5.45%
  7. Fidelity® Series Overseas 5.45%
  8. Fidelity® Series Infl-Prtct Bd Idx 5.18%
  9. Fidelity® Series Large Cap Stock 5.15%
  10. Fidelity® Series Stk Selec Lg Cp Val 3.98%

Asset Allocation

Weighting Return Low Return High FFFEX % Rank
Stocks
65.76% 0.00% 79.99% 30.69%
Bonds
27.48% -147.35% 78.52% 69.95%
Cash
6.11% -20.14% 181.56% 31.68%
Convertible Bonds
0.40% 0.00% 5.13% 49.28%
Preferred Stocks
0.12% 0.00% 32.16% 27.71%
Other
0.12% -0.68% 51.56% 41.52%

Stock Sector Breakdown

Weighting Return Low Return High FFFEX % Rank
Financial Services
17.98% 3.80% 19.78% 8.24%
Technology
17.74% 3.36% 21.02% 41.00%
Healthcare
14.75% 1.80% 16.88% 21.54%
Consumer Cyclical
11.94% 2.04% 14.86% 3.26%
Industrials
9.83% 1.74% 13.27% 64.62%
Communication Services
8.44% 0.38% 16.38% 56.56%
Consumer Defense
6.29% 1.11% 15.13% 92.67%
Basic Materials
4.72% 0.82% 6.18% 25.07%
Energy
4.39% 0.98% 8.32% 11.95%
Real Estate
2.12% 0.46% 20.54% 97.83%
Utilities
1.79% 0.00% 5.72% 92.31%

Stock Geographic Breakdown

Weighting Return Low Return High FFFEX % Rank
Non US
34.11% 0.00% 40.90% 2.35%
US
31.65% 0.00% 60.90% 59.30%

Bond Sector Breakdown

Weighting Return Low Return High FFFEX % Rank
Government
35.27% -1.58% 56.41% 42.69%
Corporate
28.46% 0.00% 99.61% 45.04%
Cash & Equivalents
17.95% 0.07% 181.55% 35.47%
Securitized
17.61% 0.00% 34.98% 48.74%
Municipal
0.54% 0.00% 3.28% 22.47%
Derivative
0.16% -165.59% 41.63% 40.88%

Bond Geographic Breakdown

Weighting Return Low Return High FFFEX % Rank
US
24.02% -177.69% 67.03% 69.40%
Non US
3.46% -37.80% 30.34% 62.73%

Expenses

FFFEX - Expenses

Operational Fees

FFFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.01% 108.96% 40.08%
Management Fee 0.68% 0.00% 0.93% 96.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FFFEX 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

FFFEX 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.

FFFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 2.60% 150.00% 48.60%

Distributions

FFFEX - Distributions

Dividend Yield Analysis

FFFEX Category Low Category High FFFEX % Rank
Dividend Yield 0.00% 0.00% 3.49% 65.38%

Dividend Distribution Analysis

FFFEX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

FFFEX Category Low Category High FFFEX % Rank
Net Income Ratio 1.68% -0.22% 5.83% 78.92%

Capital Gain Distribution Analysis

FFFEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FFFEX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.09

9.1%

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

6.53

6.5%

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 15.76 5.46 1.92