Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
17.3%
3 Yr Avg Return
2.3%
5 Yr Avg Return
8.8%
Net Assets
$2.69 B
Holdings in Top 10
71.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.44%
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 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FKGLX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.32%
- Dividend Yield 2.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2040 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassZ6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FKGLX - Performance
Return Ranking - Trailing
Period | FKGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | 1.5% | 9.5% | 17.28% |
1 Yr | 17.3% | 8.9% | 20.8% | 16.75% |
3 Yr | 2.3%* | -2.6% | 4.8% | 25.27% |
5 Yr | 8.8%* | 4.8% | 9.7% | 6.75% |
10 Yr | N/A* | 4.7% | 8.9% | 22.22% |
* Annualized
Return Ranking - Calendar
Period | FKGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.2% | 9.0% | 18.3% | 11.52% |
2022 | -26.3% | -60.3% | -15.8% | 83.25% |
2021 | 5.3% | -6.3% | 17.5% | 61.54% |
2020 | 9.6% | 3.3% | 14.9% | 66.47% |
2019 | 17.5% | 6.0% | 22.6% | 52.15% |
Total Return Ranking - Trailing
Period | FKGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | 1.5% | 9.5% | 17.28% |
1 Yr | 17.3% | 8.9% | 20.8% | 16.75% |
3 Yr | 2.3%* | -2.6% | 4.8% | 25.27% |
5 Yr | 8.8%* | 4.8% | 9.7% | 6.75% |
10 Yr | N/A* | 4.7% | 8.9% | 21.77% |
* Annualized
Total Return Ranking - Calendar
Period | FKGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.0% | 11.9% | 37.9% | 40.84% |
2022 | -18.1% | -29.4% | -2.8% | 67.02% |
2021 | 16.3% | 8.3% | 22.1% | 46.15% |
2020 | 17.7% | 8.2% | 22.1% | 28.24% |
2019 | 27.0% | 19.6% | 40.1% | 11.66% |
NAV & Total Return History
FKGLX - Holdings
Concentration Analysis
FKGLX | Category Low | Category High | FKGLX % Rank | |
---|---|---|---|---|
Net Assets | 2.69 B | 2.51 M | 82.6 B | 29.17% |
Number of Holdings | 45 | 3 | 584 | 13.02% |
Net Assets in Top 10 | 1.85 B | 2.64 M | 79.5 B | 33.33% |
Weighting of Top 10 | 71.05% | 41.7% | 100.8% | 78.07% |
Top 10 Holdings
- Fidelity Series Emerging Markets Opportunities Fund 10.48%
- Fidelity Series Large Cap Stock Fund 9.25%
- Fidelity Series International Growth Fund 7.52%
- Fidelity Series Overseas Fund 7.48%
- Fidelity Series International Value Fund 7.39%
- Fidelity Advisor Series Equity Growth Fund 6.86%
- Fidelity Series Long-Term Treasury Bond Index Fund 5.79%
- Fidelity Series Value Discovery Fund 5.46%
- Fidelity Series Opportunistic Insights Fund 5.42%
- Fidelity Series Stock Selector Large Cap Value Fund 5.39%
Asset Allocation
Weighting | Return Low | Return High | FKGLX % Rank | |
---|---|---|---|---|
Stocks | 99.61% | 0.00% | 100.08% | 45.31% |
Cash | 0.24% | 0.00% | 12.43% | 47.92% |
Bonds | 0.17% | 0.00% | 32.32% | 21.88% |
Other | 0.11% | 0.00% | 3.39% | 17.19% |
Convertible Bonds | 0.08% | 0.00% | 0.98% | 79.69% |
Preferred Stocks | 0.00% | 0.00% | 0.12% | 79.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FKGLX % Rank | |
---|---|---|---|---|
Financial Services | 18.83% | 13.11% | 18.83% | 4.69% |
Technology | 17.40% | 13.94% | 24.03% | 89.06% |
Healthcare | 12.39% | 10.75% | 14.53% | 56.25% |
Industrials | 11.65% | 9.02% | 12.29% | 26.56% |
Consumer Cyclical | 9.11% | 8.05% | 13.32% | 99.48% |
Communication Services | 7.68% | 5.69% | 10.24% | 25.52% |
Basic Materials | 6.86% | 3.14% | 6.86% | 3.13% |
Energy | 6.31% | 2.33% | 6.31% | 3.13% |
Consumer Defense | 5.55% | 4.68% | 11.06% | 86.98% |
Utilities | 2.27% | 1.90% | 8.13% | 95.31% |
Real Estate | 1.95% | 1.87% | 10.11% | 97.92% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FKGLX % Rank | |
---|---|---|---|---|
US | 99.61% | 0.00% | 100.08% | 45.31% |
Non US | 0.00% | 0.00% | 33.48% | 81.77% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FKGLX % Rank | |
---|---|---|---|---|
Government | 50.25% | 13.41% | 62.05% | 20.31% |
Corporate | 12.64% | 4.05% | 50.07% | 80.21% |
Securitized | 3.73% | 0.00% | 36.42% | 93.23% |
Cash & Equivalents | 0.24% | 0.00% | 49.63% | 42.71% |
Derivative | 0.11% | 0.00% | 15.10% | 10.94% |
Municipal | 0.08% | 0.00% | 4.64% | 68.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FKGLX % Rank | |
---|---|---|---|---|
US | 0.17% | 0.00% | 29.10% | 21.88% |
Non US | 0.00% | 0.00% | 7.44% | 79.69% |
FKGLX - Expenses
Operational Fees
FKGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | 0.06% | 8.36% | 78.53% |
Management Fee | 0.44% | 0.00% | 0.87% | 82.01% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
FKGLX 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
FKGLX 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.
FKGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 2.00% | 112.00% | 64.94% |
FKGLX - Distributions
Dividend Yield Analysis
FKGLX | Category Low | Category High | FKGLX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.95% | 0.00% | 8.96% | 78.13% |
Dividend Distribution Analysis
FKGLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
FKGLX | Category Low | Category High | FKGLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.32% | -0.21% | 4.18% | 7.49% |
Capital Gain Distribution Analysis
FKGLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.241 | OrdinaryDividend |
Dec 30, 2022 | $0.284 | OrdinaryDividend |
May 16, 2022 | $1.193 | OrdinaryDividend |
Dec 31, 2018 | $0.298 | OrdinaryDividend |
Dec 29, 2017 | $0.234 | OrdinaryDividend |
FKGLX - 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 | 5.82 | 2.41 |