Name
As of 06/02/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.4%
1 yr return
16.7%
3 Yr Avg Return
15.8%
5 Yr Avg Return
7.7%
Net Assets
$3.18 B
Holdings in Top 10
69.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/02/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIJPX - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return 15.8%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.17%
- Dividend Yield 3.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2040 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FIJPX - Performance
Return Ranking - Trailing
| Period | FIJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.4% | 1.6% | 13.4% | 98.25% |
| 1 Yr | 16.7% | 14.5% | 26.5% | 92.98% |
| 3 Yr | 15.8%* | 10.8% | 19.0% | 69.01% |
| 5 Yr | 7.7%* | 4.3% | 9.8% | 66.47% |
| 10 Yr | N/A* | 7.1% | 12.0% | 31.75% |
* Annualized
Return Ranking - Calendar
| Period | FIJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 12.5% | -2.4% | 17.8% | 38.60% |
| 2024 | 9.6% | -3.2% | 15.0% | 57.89% |
| 2023 | 17.0% | 9.0% | 18.3% | 14.71% |
| 2022 | -26.4% | -37.2% | -15.9% | 88.24% |
| 2021 | 5.1% | -6.3% | 17.5% | 64.60% |
Total Return Ranking - Trailing
| Period | FIJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.4% | 1.6% | 13.4% | 98.25% |
| 1 Yr | 16.7% | 14.5% | 26.5% | 92.98% |
| 3 Yr | 15.8%* | 10.8% | 19.0% | 69.01% |
| 5 Yr | 7.7%* | 4.3% | 9.8% | 66.47% |
| 10 Yr | N/A* | 7.1% | 12.0% | 31.45% |
* Annualized
Total Return Ranking - Calendar
| Period | FIJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 21.5% | 9.8% | 25.4% | 8.19% |
| 2024 | 13.0% | -0.3% | 22.2% | 53.80% |
| 2023 | 18.8% | 12.5% | 37.9% | 50.00% |
| 2022 | -18.2% | -19.9% | -2.8% | 74.12% |
| 2021 | 16.1% | 8.3% | 22.1% | 54.04% |
NAV & Total Return History
FIJPX - Holdings
Concentration Analysis
| FIJPX | Category Low | Category High | FIJPX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.18 B | 27.1 M | 116 B | 39.77% |
| Number of Holdings | 44 | 3 | 88 | 12.87% |
| Net Assets in Top 10 | 2.11 B | 27.5 M | 108 B | 39.77% |
| Weighting of Top 10 | 69.89% | 55.2% | 109.7% | 82.84% |
Top 10 Holdings
- FIDELITY SERIES LARGE CAP STOCK FUND 9.96%
- Fidelity Series Emerging Markets Opportunities Fund 9.12%
- Fidelity Advisor Series Equity Growth Fund 7.13%
- Fidelity Series International Value Fund 6.81%
- Fidelity Series Overseas Fund 6.69%
- Fidelity Series International Growth Fund 6.66%
- Fidelity Series Opportunistic Insights Fund 6.27%
- Fidelity Series Investment Grade Bond Fund 5.79%
- Fidelity Series Stock Selector Large Cap Value Fund 5.74%
- Fidelity Series Value Discovery Fund 5.74%
Asset Allocation
| Weighting | Return Low | Return High | FIJPX % Rank | |
|---|---|---|---|---|
| Stocks | 99.67% | 0.00% | 99.99% | 48.54% |
| Bonds | 0.25% | 0.00% | 16.22% | 11.70% |
| Cash | 0.11% | 0.00% | 11.47% | 54.39% |
| Convertible Bonds | 0.08% | 0.00% | 0.98% | 79.53% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 56.73% |
| Other | -0.02% | -0.12% | 1.88% | 75.44% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIJPX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.83% | 13.11% | 18.83% | 3.51% |
| Technology | 17.40% | 16.60% | 24.03% | 90.64% |
| Healthcare | 12.39% | 10.75% | 14.53% | 50.88% |
| Industrials | 11.65% | 9.02% | 12.29% | 25.15% |
| Consumer Cyclical | 9.11% | 9.11% | 13.32% | 98.25% |
| Communication Services | 7.68% | 5.69% | 9.96% | 23.39% |
| Basic Materials | 6.86% | 3.33% | 6.86% | 1.75% |
| Energy | 6.31% | 2.43% | 6.31% | 1.75% |
| Consumer Defense | 5.55% | 4.75% | 8.27% | 85.96% |
| Utilities | 2.27% | 1.90% | 3.69% | 93.57% |
| Real Estate | 1.95% | 1.87% | 10.11% | 95.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIJPX % Rank | |
|---|---|---|---|---|
| US | 99.67% | 0.00% | 99.99% | 48.54% |
| Non US | 0.00% | 0.00% | 31.64% | 59.65% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FIJPX % Rank | |
|---|---|---|---|---|
| Government | 50.25% | 13.41% | 62.05% | 19.88% |
| Corporate | 12.64% | 4.05% | 50.07% | 77.19% |
| Securitized | 3.73% | 0.00% | 36.42% | 90.64% |
| Cash & Equivalents | 0.11% | 0.00% | 49.63% | 42.69% |
| Municipal | 0.08% | 0.00% | 4.64% | 66.67% |
| Derivative | -0.02% | -0.12% | 0.03% | 75.44% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FIJPX % Rank | |
|---|---|---|---|---|
| US | 0.25% | 0.00% | 15.24% | 11.70% |
| Non US | 0.00% | 0.00% | 1.18% | 57.31% |
FIJPX - Expenses
Operational Fees
| FIJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.63% | 0.05% | 4.73% | 61.76% |
| Management Fee | 0.62% | 0.00% | 0.85% | 94.05% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| FIJPX 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
| FIJPX 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.
| FIJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 2.00% | 112.00% | 63.40% |
FIJPX - Distributions
Dividend Yield Analysis
| FIJPX | Category Low | Category High | FIJPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.98% | 0.00% | 8.83% | 80.12% |
Dividend Distribution Analysis
| FIJPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FIJPX | Category Low | Category High | FIJPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.17% | -0.21% | 4.18% | 12.05% |
Capital Gain Distribution Analysis
| FIJPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| May 15, 2026 | $0.976 | CapitalGainLongTerm |
| Dec 30, 2025 | $0.291 | OrdinaryDividend |
| Dec 30, 2025 | $0.027 | CapitalGainShortTerm |
| Dec 30, 2025 | $0.266 | CapitalGainLongTerm |
| May 09, 2025 | $0.779 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.431 | OrdinaryDividend |
| Dec 30, 2024 | $0.283 | OrdinaryDividend |
| Dec 30, 2024 | $0.020 | CapitalGainShortTerm |
| Dec 30, 2024 | $0.128 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.231 | OrdinaryDividend |
| Dec 28, 2023 | $0.006 | CapitalGainShortTerm |
| Dec 29, 2022 | $0.274 | OrdinaryDividend |
| May 13, 2022 | $1.189 | OrdinaryDividend |
| Dec 30, 2021 | $0.957 | OrdinaryDividend |
| May 14, 2021 | $0.823 | CapitalGainLongTerm |
| Dec 30, 2020 | $0.438 | OrdinaryDividend |
| May 08, 2020 | $0.580 | CapitalGainLongTerm |
| Dec 30, 2019 | $0.231 | OrdinaryDividend |
| Dec 30, 2019 | $0.035 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.123 | CapitalGainLongTerm |
| May 10, 2019 | $0.036 | CapitalGainShortTerm |
| May 10, 2019 | $0.720 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.325 | OrdinaryDividend |
| Dec 28, 2018 | $0.095 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.539 | CapitalGainLongTerm |
FIJPX - 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 | 5.89 | 2.41 |