Fidelity Freedom Blend 2040 Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.1%
1 yr return
13.7%
3 Yr Avg Return
1.3%
5 Yr Avg Return
7.5%
Net Assets
$2.13 B
Holdings in Top 10
79.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.48%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHZEX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.64%
- Dividend Yield 1.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom Blend 2040 Fund
-
Fund Family NameFidelity Investments
-
Inception DateSep 06, 2018
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FHZEX - Performance
Return Ranking - Trailing
Period | FHZEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | 1.9% | 10.4% | 79.06% |
1 Yr | 13.7% | 8.5% | 19.9% | 68.59% |
3 Yr | 1.3%* | -2.2% | 5.1% | 84.41% |
5 Yr | 7.5%* | 4.8% | 9.7% | 64.42% |
10 Yr | N/A* | 4.7% | 8.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | FHZEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.5% | 9.0% | 18.3% | 9.95% |
2022 | -24.0% | -60.3% | -15.8% | 61.26% |
2021 | 6.6% | -6.3% | 17.5% | 54.95% |
2020 | 11.2% | 3.3% | 14.9% | 37.06% |
2019 | 21.9% | 6.0% | 22.6% | 5.52% |
Total Return Ranking - Trailing
Period | FHZEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | 1.9% | 10.4% | 79.06% |
1 Yr | 13.7% | 8.5% | 19.9% | 68.59% |
3 Yr | 1.3%* | -2.2% | 5.1% | 84.41% |
5 Yr | 7.5%* | 4.8% | 9.7% | 64.42% |
10 Yr | N/A* | 4.7% | 8.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FHZEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.8% | 11.9% | 37.9% | 47.12% |
2022 | -19.9% | -29.4% | -2.8% | 96.86% |
2021 | 15.0% | 8.3% | 22.1% | 77.47% |
2020 | 16.5% | 8.2% | 22.1% | 42.35% |
2019 | 25.3% | 19.6% | 40.1% | 37.42% |
NAV & Total Return History
FHZEX - Holdings
Concentration Analysis
FHZEX | Category Low | Category High | FHZEX % Rank | |
---|---|---|---|---|
Net Assets | 2.13 B | 2.51 M | 82.6 B | 34.90% |
Number of Holdings | 46 | 3 | 584 | 3.65% |
Net Assets in Top 10 | 1.68 B | 2.64 M | 79.5 B | 34.90% |
Weighting of Top 10 | 79.04% | 41.7% | 100.8% | 58.82% |
Top 10 Holdings
- Fidelity Series Large Cap Value Index Fund 13.10%
- Fidelity Series Blue Chip Growth Fund 10.90%
- Fidelity Series Emerging Markets Opportunities Fund 10.49%
- Fidelity Series Large Cap Stock Fund 7.29%
- Fidelity Series Large Cap Growth Index Fund 6.82%
- Fidelity Series International Growth Fund 6.68%
- Fidelity Series Overseas Fund 6.65%
- Fidelity Series International Value Fund 6.57%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.78%
- Fidelity Series Value Discovery Fund 4.76%
Asset Allocation
Weighting | Return Low | Return High | FHZEX % Rank | |
---|---|---|---|---|
Stocks | 99.60% | 0.00% | 100.08% | 48.44% |
Cash | 0.21% | 0.00% | 12.43% | 51.56% |
Bonds | 0.17% | 0.00% | 32.32% | 25.00% |
Other | 0.11% | -0.01% | 3.39% | 18.75% |
Convertible Bonds | 0.06% | 0.00% | 0.98% | 85.42% |
Preferred Stocks | 0.00% | 0.00% | 0.12% | 50.52% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHZEX % Rank | |
---|---|---|---|---|
Technology | 18.70% | 13.94% | 24.03% | 54.17% |
Financial Services | 18.05% | 13.11% | 18.83% | 6.25% |
Industrials | 11.66% | 9.02% | 12.29% | 18.75% |
Consumer Cyclical | 11.43% | 8.05% | 13.32% | 36.46% |
Healthcare | 11.16% | 10.75% | 14.53% | 91.15% |
Communication Services | 7.34% | 5.69% | 10.24% | 43.75% |
Basic Materials | 6.12% | 3.14% | 6.86% | 8.85% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 82.81% |
Energy | 5.51% | 2.33% | 6.31% | 7.29% |
Utilities | 2.32% | 1.90% | 8.13% | 86.46% |
Real Estate | 2.18% | 1.87% | 10.11% | 89.58% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHZEX % Rank | |
---|---|---|---|---|
US | 99.60% | 0.00% | 100.08% | 48.44% |
Non US | 0.00% | 0.00% | 33.48% | 54.69% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FHZEX % Rank | |
---|---|---|---|---|
Government | 53.02% | 13.41% | 62.05% | 6.77% |
Corporate | 11.95% | 4.05% | 50.07% | 82.81% |
Securitized | 4.43% | 0.00% | 36.42% | 85.94% |
Cash & Equivalents | 0.21% | 0.00% | 49.63% | 45.83% |
Derivative | 0.11% | -0.01% | 15.10% | 12.50% |
Municipal | 0.03% | 0.00% | 4.64% | 78.65% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FHZEX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 29.10% | 25.00% |
Non US | 0.00% | 0.00% | 7.44% | 52.60% |
FHZEX - Expenses
Operational Fees
FHZEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.48% | 0.06% | 8.36% | 12.04% |
Management Fee | 0.48% | 0.00% | 0.87% | 83.60% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 92.78% |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FHZEX 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
FHZEX 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.
FHZEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.00% | 2.00% | 112.00% | 50.00% |
FHZEX - Distributions
Dividend Yield Analysis
FHZEX | Category Low | Category High | FHZEX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.89% | 0.00% | 8.90% | 84.90% |
Dividend Distribution Analysis
FHZEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FHZEX | Category Low | Category High | FHZEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.64% | -0.21% | 4.18% | 82.35% |
Capital Gain Distribution Analysis
FHZEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.127 | OrdinaryDividend |
Dec 30, 2022 | $0.198 | OrdinaryDividend |
FHZEX - Fund Manager Analysis
Managers
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.
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.82 | 2.41 |