Fidelity Freedom 2030 Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.2%
1 yr return
9.9%
3 Yr Avg Return
0.8%
5 Yr Avg Return
6.7%
Net Assets
$33.4 B
Holdings in Top 10
70.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGTKX - Profile
Distributions
- YTD Total Return 1.2%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 6.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.47%
- Dividend Yield 2.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2030 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FGTKX - Performance
Return Ranking - Trailing
Period | FGTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -1.3% | 5.9% | 35.20% |
1 Yr | 9.9% | 2.2% | 12.7% | 23.47% |
3 Yr | 0.8%* | -3.5% | 3.1% | 35.26% |
5 Yr | 6.7%* | 3.4% | 7.3% | 9.26% |
10 Yr | N/A* | 3.8% | 7.3% | 24.60% |
* Annualized
Return Ranking - Calendar
Period | FGTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.3% | 5.5% | 14.4% | 5.08% |
2022 | -24.4% | -52.7% | -14.2% | 83.25% |
2021 | 0.3% | -5.6% | 14.0% | 77.01% |
2020 | 8.1% | 0.7% | 13.7% | 60.23% |
2019 | 13.6% | 2.6% | 18.9% | 69.14% |
Total Return Ranking - Trailing
Period | FGTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -1.3% | 5.9% | 35.20% |
1 Yr | 9.9% | 2.2% | 12.7% | 23.47% |
3 Yr | 0.8%* | -3.5% | 3.1% | 35.26% |
5 Yr | 6.7%* | 3.4% | 7.3% | 9.26% |
10 Yr | N/A* | 3.8% | 7.3% | 25.00% |
* Annualized
Total Return Ranking - Calendar
Period | FGTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.7% | 10.0% | 49.5% | 27.92% |
2022 | -16.8% | -26.4% | 20.1% | 68.02% |
2021 | 11.7% | 1.6% | 18.5% | 56.15% |
2020 | 15.8% | 6.7% | 19.3% | 17.61% |
2019 | 22.1% | 17.1% | 34.4% | 32.72% |
NAV & Total Return History
FGTKX - Holdings
Concentration Analysis
FGTKX | Category Low | Category High | FGTKX % Rank | |
---|---|---|---|---|
Net Assets | 33.4 B | 3.14 M | 90.6 B | 8.08% |
Number of Holdings | 48 | 4 | 768 | 6.57% |
Net Assets in Top 10 | 23.7 B | 3.3 M | 88.6 B | 8.08% |
Weighting of Top 10 | 70.93% | 45.1% | 103.6% | 66.67% |
Top 10 Holdings
- Fidelity Series Investment Grade Bond Fund 21.74%
- Fidelity Series Emerging Markets Opportunities Fund 8.29%
- FIDELITY SERIES GROWTH COMPANY FUND 5.82%
- Fidelity Series Large Cap Stock Fund 5.45%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.37%
- Fidelity Series International Growth Fund 5.36%
- Fidelity Series Overseas Fund 5.33%
- Fidelity Series International Value Fund 5.27%
- Fidelity Series 5+ Year Inflation-Protected Bond Index Fund 4.48%
- Fidelity Series Stock Selector Large Cap Value Fund 3.82%
Asset Allocation
Weighting | Return Low | Return High | FGTKX % Rank | |
---|---|---|---|---|
Stocks | 99.52% | 0.00% | 100.39% | 52.53% |
Convertible Bonds | 0.40% | 0.03% | 1.11% | 64.65% |
Cash | 0.24% | 0.00% | 16.10% | 49.49% |
Bonds | 0.17% | 0.00% | 54.22% | 22.73% |
Other | 0.11% | -0.01% | 3.20% | 14.65% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 77.78% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGTKX % Rank | |
---|---|---|---|---|
Financial Services | 18.98% | 12.64% | 18.99% | 4.04% |
Technology | 17.52% | 14.06% | 23.99% | 76.26% |
Industrials | 12.04% | 8.84% | 12.27% | 5.56% |
Healthcare | 11.36% | 10.63% | 14.63% | 86.36% |
Consumer Cyclical | 11.32% | 8.12% | 13.37% | 29.29% |
Communication Services | 6.83% | 5.69% | 10.00% | 65.66% |
Basic Materials | 6.67% | 3.15% | 7.02% | 4.04% |
Energy | 5.93% | 2.46% | 6.43% | 11.62% |
Consumer Defense | 5.43% | 4.88% | 10.87% | 94.44% |
Utilities | 2.00% | 1.89% | 7.89% | 98.99% |
Real Estate | 1.92% | 1.86% | 12.53% | 98.99% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGTKX % Rank | |
---|---|---|---|---|
US | 99.52% | 0.00% | 100.39% | 52.53% |
Non US | 0.00% | 0.00% | 23.47% | 79.80% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGTKX % Rank | |
---|---|---|---|---|
Government | 46.72% | 15.42% | 89.09% | 36.87% |
Corporate | 18.80% | 5.37% | 53.65% | 72.22% |
Securitized | 14.17% | 0.00% | 37.72% | 78.79% |
Municipal | 0.39% | 0.00% | 5.27% | 30.81% |
Cash & Equivalents | 0.24% | 0.00% | 50.44% | 44.95% |
Derivative | 0.11% | -0.01% | 3.74% | 7.58% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGTKX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 50.94% | 22.73% |
Non US | 0.00% | 0.00% | 4.60% | 78.28% |
FGTKX - Expenses
Operational Fees
FGTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.37% | 0.06% | 10.07% | 84.77% |
Management Fee | 0.37% | 0.00% | 0.81% | 72.82% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FGTKX 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
FGTKX 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.
FGTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 3.00% | 98.00% | 72.78% |
FGTKX - Distributions
Dividend Yield Analysis
FGTKX | Category Low | Category High | FGTKX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.09% | 0.00% | 7.46% | 70.71% |
Dividend Distribution Analysis
FGTKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
FGTKX | Category Low | Category High | FGTKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.47% | 0.12% | 3.79% | 6.74% |
Capital Gain Distribution Analysis
FGTKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.355 | OrdinaryDividend |
May 15, 2023 | $0.004 | OrdinaryDividend |
Dec 30, 2022 | $0.568 | OrdinaryDividend |
May 09, 2022 | $0.943 | OrdinaryDividend |
May 13, 2019 | $0.019 | OrdinaryDividend |
Dec 31, 2018 | $0.330 | OrdinaryDividend |
FGTKX - 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 | 5.79 | 2.41 |