Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.4%
1 yr return
17.3%
3 Yr Avg Return
2.4%
5 Yr Avg Return
8.6%
Net Assets
$1.99 B
Holdings in Top 10
74.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 27.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFFZX - Profile
Distributions
- YTD Total Return 5.4%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 1.82%
- Dividend Yield 2.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2045 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 06, 2006
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FFFZX - Performance
Return Ranking - Trailing
Period | FFFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | 1.2% | 9.9% | 28.64% |
1 Yr | 17.3% | 9.3% | 21.9% | 35.68% |
3 Yr | 2.4%* | -3.4% | 5.3% | 72.02% |
5 Yr | 8.6%* | 4.7% | 9.9% | 41.61% |
10 Yr | 8.0%* | 5.0% | 9.4% | 39.58% |
* Annualized
Return Ranking - Calendar
Period | FFFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.4% | 4.8% | 21.3% | 31.82% |
2022 | -26.3% | -65.7% | -14.5% | 77.27% |
2021 | 5.3% | -4.7% | 18.7% | 63.49% |
2020 | 10.3% | 2.3% | 15.5% | 74.01% |
2019 | 17.7% | 8.2% | 23.0% | 56.88% |
Total Return Ranking - Trailing
Period | FFFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | 1.2% | 9.9% | 28.64% |
1 Yr | 17.3% | 9.3% | 21.9% | 35.68% |
3 Yr | 2.4%* | -3.4% | 5.3% | 72.02% |
5 Yr | 8.6%* | 4.7% | 9.9% | 41.61% |
10 Yr | 8.0%* | 5.0% | 9.4% | 39.58% |
* Annualized
Total Return Ranking - Calendar
Period | FFFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.0% | 11.2% | 37.0% | 64.14% |
2022 | -18.5% | -28.2% | 0.1% | 73.23% |
2021 | 15.6% | 4.2% | 22.9% | 86.77% |
2020 | 17.2% | 7.8% | 23.2% | 38.42% |
2019 | 26.3% | 21.3% | 37.2% | 28.75% |
NAV & Total Return History
FFFZX - Holdings
Concentration Analysis
FFFZX | Category Low | Category High | FFFZX % Rank | |
---|---|---|---|---|
Net Assets | 1.99 B | 2.77 M | 79.9 B | 28.14% |
Number of Holdings | 45 | 2 | 577 | 9.55% |
Net Assets in Top 10 | 1.42 B | 2.88 M | 76.4 B | 33.17% |
Weighting of Top 10 | 74.46% | 42.8% | 103.9% | 77.66% |
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 | FFFZX % Rank | |
---|---|---|---|---|
Stocks | 99.63% | 0.00% | 100.06% | 43.72% |
Cash | 0.24% | 0.00% | 20.94% | 46.23% |
Bonds | 0.17% | 0.00% | 25.62% | 25.13% |
Other | 0.12% | 0.00% | 11.52% | 19.10% |
Convertible Bonds | 0.06% | 0.00% | 1.09% | 76.38% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 85.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFFZX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.09% | 18.83% | 2.51% |
Technology | 17.40% | 14.05% | 23.99% | 87.94% |
Healthcare | 12.39% | 10.69% | 14.59% | 53.77% |
Industrials | 11.65% | 9.12% | 12.31% | 24.12% |
Consumer Cyclical | 9.10% | 8.06% | 13.31% | 96.48% |
Communication Services | 7.68% | 5.69% | 10.23% | 24.62% |
Basic Materials | 6.86% | 3.18% | 6.86% | 2.51% |
Energy | 6.31% | 2.33% | 6.54% | 4.02% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 87.94% |
Utilities | 2.27% | 1.89% | 8.09% | 94.47% |
Real Estate | 1.95% | 1.86% | 10.17% | 97.49% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFFZX % Rank | |
---|---|---|---|---|
US | 99.63% | 0.00% | 100.06% | 43.72% |
Non US | 0.00% | 0.00% | 38.46% | 87.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFFZX % Rank | |
---|---|---|---|---|
Government | 51.07% | 11.67% | 67.01% | 12.06% |
Corporate | 11.37% | 3.21% | 43.85% | 70.35% |
Securitized | 2.09% | 0.00% | 34.36% | 90.45% |
Cash & Equivalents | 0.24% | 0.00% | 78.34% | 44.72% |
Derivative | 0.12% | 0.00% | 20.51% | 11.06% |
Municipal | 0.04% | 0.00% | 1.01% | 69.85% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFFZX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 24.00% | 25.13% |
Non US | 0.00% | 0.00% | 5.72% | 87.94% |
FFFZX - Expenses
Operational Fees
FFFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | 0.06% | 21.17% | 35.35% |
Management Fee | 0.75% | 0.00% | 0.89% | 97.86% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 51.61% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FFFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 40.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FFFZX 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.
FFFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 0.42% | 115.00% | 64.64% |
FFFZX - Distributions
Dividend Yield Analysis
FFFZX | Category Low | Category High | FFFZX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.02% | 0.00% | 6.27% | 83.92% |
Dividend Distribution Analysis
FFFZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FFFZX | Category Low | Category High | FFFZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.82% | -0.42% | 3.87% | 15.68% |
Capital Gain Distribution Analysis
FFFZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.130 | OrdinaryDividend |
Dec 30, 2022 | $0.184 | OrdinaryDividend |
May 16, 2022 | $0.909 | OrdinaryDividend |
Dec 29, 2017 | $0.115 | OrdinaryDividend |
Dec 30, 2015 | $0.136 | OrdinaryDividend |
May 14, 2012 | $0.010 | OrdinaryDividend |
Dec 30, 2011 | $0.112 | OrdinaryDividend |
May 12, 2011 | $0.009 | OrdinaryDividend |
Dec 31, 2010 | $0.103 | OrdinaryDividend |
May 10, 2010 | $0.008 | OrdinaryDividend |
Dec 29, 2009 | $0.098 | OrdinaryDividend |
May 18, 2009 | $0.014 | OrdinaryDividend |
Dec 29, 2008 | $0.122 | OrdinaryDividend |
May 12, 2008 | $0.017 | OrdinaryDividend |
Dec 28, 2007 | $0.105 | OrdinaryDividend |
May 07, 2007 | $0.005 | OrdinaryDividend |
Dec 29, 2006 | $0.075 | OrdinaryDividend |
FFFZX - 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 | 5.68 | 2.41 |