Fidelity Freedom Blend 2045 Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.8%
1 yr return
18.5%
3 Yr Avg Return
3.2%
5 Yr Avg Return
9.2%
Net Assets
$1.89 B
Holdings in Top 10
82.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHEFX - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 9.2%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.13%
- Dividend Yield 2.4%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2045 Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 06, 2018
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrett Sumsion
Fund Description
FHEFX - Performance
Return Ranking - Trailing
Period | FHEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 3.0% | 11.1% | 34.17% |
1 Yr | 18.5% | 9.5% | 22.7% | 44.22% |
3 Yr | 3.2%* | -2.7% | 5.8% | 80.31% |
5 Yr | 9.2%* | 5.1% | 10.1% | 47.20% |
10 Yr | N/A* | 5.1% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FHEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.0% | 4.8% | 21.3% | 12.12% |
2022 | -23.9% | -65.7% | -14.5% | 59.09% |
2021 | 6.9% | -4.7% | 18.7% | 55.03% |
2020 | 11.7% | 2.3% | 15.5% | 42.94% |
2019 | 22.1% | 8.2% | 23.0% | 11.88% |
Total Return Ranking - Trailing
Period | FHEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 3.0% | 11.1% | 34.17% |
1 Yr | 18.5% | 9.5% | 22.7% | 44.22% |
3 Yr | 3.2%* | -2.7% | 5.8% | 80.31% |
5 Yr | 9.2%* | 5.1% | 10.1% | 47.20% |
10 Yr | N/A* | 5.1% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FHEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.9% | 11.2% | 37.0% | 45.96% |
2022 | -19.6% | -28.2% | 0.1% | 93.94% |
2021 | 15.7% | 4.2% | 22.9% | 85.71% |
2020 | 17.1% | 7.8% | 23.2% | 40.11% |
2019 | 25.8% | 21.3% | 37.2% | 36.88% |
NAV & Total Return History
FHEFX - Holdings
Concentration Analysis
FHEFX | Category Low | Category High | FHEFX % Rank | |
---|---|---|---|---|
Net Assets | 1.89 B | 2.77 M | 79.9 B | 32.16% |
Number of Holdings | 46 | 2 | 577 | 5.53% |
Net Assets in Top 10 | 1.57 B | 2.88 M | 76.4 B | 29.15% |
Weighting of Top 10 | 82.94% | 42.8% | 103.9% | 61.70% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.86%
- Fidelity Series Blue Chip Growth Fund 11.53%
- Fidelity Series Emerging Markets Opportunities Fund 10.88%
- Fidelity Series Large Cap Stock Fund 7.71%
- Fidelity Series Large Cap Growth Index Fund 7.22%
- Fidelity Series International Growth Fund 7.03%
- Fidelity Series Overseas Fund 6.99%
- Fidelity Series International Value Fund 6.91%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 5.04%
Asset Allocation
Weighting | Return Low | Return High | FHEFX % Rank | |
---|---|---|---|---|
Stocks | 99.62% | 0.00% | 100.06% | 47.74% |
Cash | 0.21% | 0.00% | 20.94% | 53.77% |
Bonds | 0.17% | 0.00% | 25.62% | 30.65% |
Other | 0.11% | -0.01% | 11.52% | 25.13% |
Convertible Bonds | 0.05% | 0.00% | 1.09% | 84.92% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 95.98% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHEFX % Rank | |
---|---|---|---|---|
Technology | 18.70% | 14.05% | 23.99% | 56.28% |
Financial Services | 18.05% | 13.09% | 18.83% | 8.04% |
Industrials | 11.66% | 9.12% | 12.31% | 20.10% |
Consumer Cyclical | 11.43% | 8.06% | 13.31% | 38.19% |
Healthcare | 11.16% | 10.69% | 14.59% | 93.47% |
Communication Services | 7.34% | 5.69% | 10.23% | 47.74% |
Basic Materials | 6.11% | 3.18% | 6.86% | 11.06% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 88.44% |
Energy | 5.51% | 2.33% | 6.54% | 10.05% |
Utilities | 2.32% | 1.89% | 8.09% | 90.45% |
Real Estate | 2.18% | 1.86% | 10.17% | 86.43% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHEFX % Rank | |
---|---|---|---|---|
US | 99.62% | 0.00% | 100.06% | 47.74% |
Non US | 0.00% | 0.00% | 38.46% | 95.98% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHEFX % Rank | |
---|---|---|---|---|
Government | 54.11% | 11.67% | 67.01% | 8.04% |
Corporate | 11.08% | 3.21% | 43.85% | 76.88% |
Securitized | 2.45% | 0.00% | 34.36% | 86.43% |
Cash & Equivalents | 0.21% | 0.00% | 78.34% | 52.26% |
Derivative | 0.11% | -0.01% | 20.51% | 15.08% |
Municipal | 0.01% | 0.00% | 1.01% | 86.43% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHEFX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 24.00% | 30.65% |
Non US | 0.00% | 0.00% | 5.72% | 95.98% |
FHEFX - Expenses
Operational Fees
FHEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.06% | 21.17% | 35.86% |
Management Fee | 0.49% | 0.00% | 0.89% | 83.96% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 84.95% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 3.50% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FHEFX 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.
FHEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.00% | 0.42% | 115.00% | 51.93% |
FHEFX - Distributions
Dividend Yield Analysis
FHEFX | Category Low | Category High | FHEFX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.41% | 0.00% | 6.18% | 76.88% |
Dividend Distribution Analysis
FHEFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FHEFX | Category Low | Category High | FHEFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.13% | -0.42% | 3.87% | 52.43% |
Capital Gain Distribution Analysis
FHEFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.162 | OrdinaryDividend |
Dec 30, 2022 | $0.210 | OrdinaryDividend |
FHEFX - Fund Manager Analysis
Managers
Brett Sumsion
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
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.
Andrew Dierdorf
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.68 | 2.41 |