Fidelity Freedom® 2040
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.6%
1 yr return
-0.8%
3 Yr Avg Return
0.1%
5 Yr Avg Return
-1.8%
Net Assets
$26 B
Holdings in Top 10
73.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFFFX - Profile
Distributions
- YTD Total Return 9.6%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return -1.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.09%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity Freedom® 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 06, 2000
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Dierdorf
Fund Description
FFFFX - Performance
Return Ranking - Trailing
Period | FFFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -18.1% | 6.7% | 1.47% |
1 Yr | -0.8% | -52.4% | 1.3% | 74.63% |
3 Yr | 0.1%* | -18.9% | 7.6% | 61.20% |
5 Yr | -1.8%* | -12.4% | 3.7% | 64.46% |
10 Yr | 1.0%* | -3.2% | 5.7% | 41.76% |
* Annualized
Return Ranking - Calendar
Period | FFFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -27.0% | -60.3% | 12.3% | 85.37% |
2021 | 1.8% | -3.2% | 8.4% | 71.13% |
2020 | 3.5% | 1.1% | 6.1% | 49.45% |
2019 | 4.0% | -4.1% | 5.2% | 55.62% |
2018 | -3.3% | -5.1% | 3.5% | 57.86% |
Total Return Ranking - Trailing
Period | FFFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -18.1% | 6.7% | 1.47% |
1 Yr | -0.8% | -52.4% | 1.3% | 74.63% |
3 Yr | 0.1%* | -18.9% | 7.6% | 61.20% |
5 Yr | -1.8%* | -12.4% | 3.7% | 60.84% |
10 Yr | 3.9%* | -2.3% | 6.7% | 32.97% |
* Annualized
Total Return Ranking - Calendar
Period | FFFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -27.0% | -60.3% | 12.3% | 85.37% |
2021 | 1.8% | -3.2% | 8.4% | 71.13% |
2020 | 3.5% | 1.1% | 6.1% | 49.45% |
2019 | 4.0% | -4.1% | 5.2% | 55.62% |
2018 | -2.8% | -5.1% | 4.0% | 59.12% |
NAV & Total Return History
FFFFX - Holdings
Concentration Analysis
FFFFX | Category Low | Category High | FFFFX % Rank | |
---|---|---|---|---|
Net Assets | 26 B | 88 K | 68.9 B | 7.18% |
Number of Holdings | 36 | 4 | 562 | 11.06% |
Net Assets in Top 10 | 18.8 B | 693 K | 68.1 B | 7.21% |
Weighting of Top 10 | 73.06% | 38.5% | 100.0% | 71.28% |
Top 10 Holdings
- Fidelity® Series Emerging Markets Opps 12.77%
- Fidelity® Series Growth Company 7.63%
- Fidelity® Series International Value 7.56%
- Fidelity® Series Overseas 7.37%
- Fidelity® Series International Growth 7.36%
- Fidelity® Series Intrinsic Opps 7.32%
- Fidelity® Series Large Cap Stock 7.11%
- Fidelity® Series Stk Selec Lg Cp Val 6.05%
- Fidelity® Series Long-Term Trs Bd Idx 5.25%
- Fidelity® Series Value Discovery 4.65%
Asset Allocation
Weighting | Return Low | Return High | FFFFX % Rank | |
---|---|---|---|---|
Stocks | 87.59% | 0.00% | 89.49% | 14.90% |
Bonds | 8.14% | 6.42% | 65.95% | 94.23% |
Cash | 3.54% | -6.89% | 31.18% | 44.23% |
Other | 0.48% | -0.92% | 16.90% | 27.88% |
Preferred Stocks | 0.19% | 0.00% | 0.37% | 13.46% |
Convertible Bonds | 0.07% | 0.00% | 0.98% | 80.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFFX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.11% | 18.83% | 0.49% |
Technology | 17.55% | 13.94% | 24.03% | 82.52% |
Industrials | 12.06% | 9.02% | 12.29% | 6.31% |
Healthcare | 11.60% | 10.75% | 14.53% | 86.89% |
Consumer Cyclical | 11.31% | 8.05% | 13.32% | 44.17% |
Communication Services | 6.85% | 5.69% | 10.24% | 65.53% |
Basic Materials | 6.49% | 3.14% | 6.86% | 3.40% |
Energy | 5.97% | 2.33% | 6.31% | 3.40% |
Consumer Defense | 5.42% | 4.68% | 11.06% | 89.81% |
Utilities | 2.01% | 1.90% | 8.13% | 98.54% |
Real Estate | 1.90% | 1.87% | 10.11% | 98.54% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFFX % Rank | |
---|---|---|---|---|
Non US | 44.24% | 0.00% | 44.24% | 0.48% |
US | 43.35% | 0.00% | 68.38% | 93.75% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFFX % Rank | |
---|---|---|---|---|
Government | 47.31% | 13.41% | 62.05% | 24.52% |
Cash & Equivalents | 37.25% | 3.19% | 55.75% | 6.25% |
Corporate | 11.66% | 0.49% | 50.07% | 87.50% |
Securitized | 3.40% | 0.00% | 36.42% | 93.27% |
Derivative | 0.31% | 0.00% | 20.78% | 42.79% |
Municipal | 0.08% | 0.00% | 4.64% | 64.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFFX % Rank | |
---|---|---|---|---|
US | 7.22% | 4.80% | 43.04% | 94.23% |
Non US | 0.92% | 0.07% | 22.91% | 79.81% |
FFFFX - Expenses
Operational Fees
FFFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.06% | 1.84% | 37.02% |
Management Fee | 0.75% | 0.00% | 0.86% | 96.12% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FFFFX 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
FFFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 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.
FFFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 2.00% | 112.00% | 67.89% |
FFFFX - Distributions
Dividend Yield Analysis
FFFFX | Category Low | Category High | FFFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.43% | 20.10% |
Dividend Distribution Analysis
FFFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
FFFFX | Category Low | Category High | FFFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.09% | -0.21% | 10.52% | 11.39% |
Capital Gain Distribution Analysis
FFFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 15, 2017 | $0.005 | OrdinaryDividend |
May 07, 2012 | $0.014 | OrdinaryDividend |
Dec 30, 2011 | $0.117 | OrdinaryDividend |
May 09, 2011 | $0.015 | OrdinaryDividend |
Dec 31, 2010 | $0.104 | OrdinaryDividend |
May 10, 2010 | $0.015 | OrdinaryDividend |
Dec 29, 2009 | $0.115 | OrdinaryDividend |
May 18, 2009 | $0.010 | OrdinaryDividend |
Dec 29, 2008 | $0.130 | OrdinaryDividend |
May 12, 2008 | $0.020 | OrdinaryDividend |
Dec 31, 2007 | $0.130 | OrdinaryDividend |
May 07, 2007 | $0.020 | OrdinaryDividend |
Dec 29, 2006 | $0.110 | OrdinaryDividend |
May 15, 2006 | $0.020 | OrdinaryDividend |
Dec 30, 2005 | $0.090 | OrdinaryDividend |
May 16, 2005 | $0.005 | OrdinaryDividend |
Dec 30, 2004 | $0.100 | OrdinaryDividend |
May 17, 2004 | $0.025 | OrdinaryDividend |
Dec 29, 2003 | $0.070 | OrdinaryDividend |
May 05, 2003 | $0.020 | OrdinaryDividend |
Dec 30, 2002 | $0.060 | OrdinaryDividend |
May 06, 2002 | $0.010 | OrdinaryDividend |
Dec 31, 2001 | $0.060 | OrdinaryDividend |
May 07, 2001 | $0.010 | OrdinaryDividend |
Jan 02, 2001 | $0.060 | OrdinaryDividend |
FFFFX - Fund Manager Analysis
Managers
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
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
8.36
8.4%
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 | 5.81 | 2.41 |