Fidelity Freedom® 2030
- FFFEX
- Price as of: Jan 15, 2021
-
$19.77
N/A N/A
- Primary Theme
- Target-Date 2030
- Fund Company
- Fidelity Investments
- Share Class
FFFEX - Snapshot
Vitals
- YTD Return 1.9%
- 3 Yr Annualized Return 9.4%
- 5 Yr Annualized Return 11.1%
- Net Assets $37.4 B
- Holdings in Top 10 72.4%
52 WEEK LOW AND HIGH
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 Theme
Target-Date 2030
- Fund Type Open End Mutual Fund
- Investment Style Target-Date 2030
FFFEX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return 9.4%
- 5 Yr Annualized Total Return 11.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.68%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® 2030 Fund
-
Fund Family NameFidelity Investments
-
Inception DateOct 17, 1996
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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.
FFFEX - Performance
Return Ranking - Trailing
Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | 0.0% | 2.0% | 2.99% |
1 Yr | 15.6% | 5.2% | 18.3% | 8.19% |
3 Yr | 9.4%* | 3.6% | 10.4% | 19.12% |
5 Yr | 11.1%* | 5.8% | 11.5% | 7.14% |
10 Yr | 8.8%* | 5.3% | 10.1% | 31.20% |
* Annualized
Return Ranking - Calendar
Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.1% | 0.7% | 13.7% | 55.41% |
2019 | 13.7% | 0.0% | 18.9% | 58.10% |
2018 | -13.2% | -20.5% | -6.3% | 59.89% |
2017 | 14.4% | -16.1% | 16.1% | 27.43% |
2016 | 3.8% | -0.1% | 7.4% | 48.37% |
Total Return Ranking - Trailing
Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | 0.0% | 2.0% | 2.99% |
1 Yr | 15.6% | -0.9% | 18.3% | 7.86% |
3 Yr | 9.4%* | 1.6% | 10.4% | 17.82% |
5 Yr | 11.1%* | 4.6% | 11.5% | 7.22% |
10 Yr | 8.8%* | 5.3% | 10.1% | 31.71% |
* Annualized
Total Return Ranking - Calendar
Period | FFFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 8.1% | 0.7% | 13.7% | 55.41% |
2019 | 13.7% | 0.0% | 18.9% | 58.10% |
2018 | -10.9% | -20.5% | -4.2% | 64.17% |
2017 | 19.8% | -16.1% | 22.7% | 1.71% |
2016 | 8.1% | -0.1% | 10.8% | 16.99% |
NAV & Total Return History
FFFEX - Holdings
Concentration Analysis
FFFEX | Category Low | Category High | FFFEX % Rank | |
---|---|---|---|---|
Net Assets | 37.4 B | 144 K | 45.9 B | 1.68% |
Number of Holdings | 35 | 1 | 534 | 9.36% |
Net Assets in Top 10 | 26.1 B | 91.5 K | 44.2 B | 1.70% |
Weighting of Top 10 | 72.38% | 41.9% | 100.0% | 65.58% |
Top 10 Holdings
- Fidelity® Series Investment Grade Bond 18.69%
- Fidelity® Series Emerging Markets Opps 11.69%
- Fidelity® Series Intrinsic Opps 5.94%
- Fidelity® Series Growth Company 5.80%
- Fidelity® Series International Value 5.42%
- Fidelity® Series Large Cap Stock 5.25%
- Fidelity® Series Infl-Prtct Bd Idx 5.22%
- Fidelity® Series Overseas 5.09%
- Fidelity® Series International Growth 4.97%
- Fidelity® Series Stk Selec Lg Cp Val 4.32%
Asset Allocation
Weighting | Return Low | Return High | FFFEX % Rank | |
---|---|---|---|---|
Stocks | 66.28% | 30.52% | 76.40% | 34.89% |
Bonds | 26.32% | 8.00% | 85.13% | 85.53% |
Cash | 6.50% | -42.41% | 14.82% | 20.85% |
Convertible Bonds | 0.40% | 0.00% | 1.37% | 51.06% |
Other | 0.37% | -0.37% | 30.39% | 31.06% |
Preferred Stocks | 0.13% | 0.00% | 1.18% | 35.74% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFEX % Rank | |
---|---|---|---|---|
Technology | 18.09% | 12.17% | 22.39% | 60.85% |
Financial Services | 16.65% | 10.55% | 17.27% | 4.68% |
Consumer Cyclical | 13.52% | 9.30% | 13.65% | 7.66% |
Healthcare | 13.19% | 10.00% | 17.68% | 46.38% |
Industrials | 10.56% | 8.81% | 14.55% | 57.87% |
Communication Services | 9.20% | 6.00% | 10.62% | 28.94% |
Consumer Defense | 6.04% | 5.57% | 12.35% | 91.49% |
Basic Materials | 4.97% | 2.60% | 7.01% | 14.47% |
Energy | 3.41% | 1.47% | 4.03% | 13.19% |
Utilities | 2.43% | 0.81% | 4.58% | 91.49% |
Real Estate | 1.95% | 1.87% | 13.20% | 99.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFEX % Rank | |
---|---|---|---|---|
Non US | 34.59% | 6.69% | 34.59% | 0.85% |
US | 31.69% | 8.78% | 54.87% | 83.83% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFEX % Rank | |
---|---|---|---|---|
Government | 38.32% | 12.37% | 79.69% | 44.26% |
Corporate | 23.95% | 0.11% | 53.41% | 66.38% |
Cash & Equivalents | 19.60% | 0.67% | 39.74% | 21.28% |
Securitized | 17.51% | 0.00% | 39.37% | 64.26% |
Municipal | 0.49% | 0.00% | 6.42% | 30.64% |
Derivative | 0.12% | 0.00% | 19.51% | 48.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFEX % Rank | |
---|---|---|---|---|
US | 22.93% | 5.75% | 61.05% | 84.26% |
Non US | 3.39% | -10.03% | 54.15% | 64.68% |
FFFEX - Expenses
Operational Fees
FFFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 37.24% | 40.09% |
Management Fee | 0.68% | 0.00% | 0.82% | 96.17% |
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% | 1.00% | 117.00% | 45.65% |
FFFEX - Distributions
Dividend Yield Analysis
FFFEX | Category Low | Category High | FFFEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.14% | 61.76% |
Dividend Distribution Analysis
FFFEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
FFFEX | Category Low | Category High | FFFEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.68% | -0.16% | 6.43% | 70.54% |
Capital Gain Distribution Analysis
FFFEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Dividend Payout History
Date | Amount |
---|---|
May 15, 2017 | $0.022 |
May 07, 2012 | $0.035 |
Dec 30, 2011 | $0.230 |
May 09, 2011 | $0.028 |
Dec 31, 2010 | $0.192 |
May 10, 2010 | $0.030 |
Dec 29, 2009 | $0.200 |
May 18, 2009 | $0.040 |
Dec 29, 2008 | $0.230 |
May 12, 2008 | $0.040 |
Dec 31, 2007 | $0.230 |
May 07, 2007 | $0.040 |
Dec 29, 2006 | $0.180 |
May 15, 2006 | $0.030 |
Dec 30, 2005 | $0.180 |
May 16, 2005 | $0.005 |
Dec 30, 2004 | $0.190 |
May 17, 2004 | $0.030 |
Dec 29, 2003 | $0.150 |
May 05, 2003 | $0.040 |
Dec 30, 2002 | $0.120 |
May 06, 2002 | $0.030 |
Dec 31, 2001 | $0.150 |
May 07, 2001 | $0.050 |
Jan 02, 2001 | $0.300 |
Dec 23, 1999 | $0.370 |
May 10, 1999 | $0.040 |
Dec 31, 1998 | $0.200 |
FFFEX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
9.51
9.5%
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
6.95
7.0%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 18.27 | 5.42 | 1.0 |