Fidelity Freedom 2045 Fund
Name
As of 06/02/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.5%
1 yr return
22.6%
3 Yr Avg Return
18.2%
5 Yr Avg Return
9.3%
Net Assets
$27.2 B
Holdings in Top 10
76.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
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
FSNZX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return 18.2%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.20%
- Dividend Yield 2.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Freedom 2045 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJul 25, 2017
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FSNZX - Performance
Return Ranking - Trailing
| Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | 2.6% | 13.8% | 95.53% |
| 1 Yr | 22.6% | 16.5% | 28.6% | 73.74% |
| 3 Yr | 18.2%* | 12.4% | 20.3% | 48.60% |
| 5 Yr | 9.3%* | 4.3% | 10.7% | 39.43% |
| 10 Yr | N/A* | 7.7% | 12.5% | 21.19% |
* Annualized
Return Ranking - Calendar
| Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 18.0% | -7.7% | 20.8% | 14.53% |
| 2024 | 11.7% | -4.9% | 16.7% | 31.28% |
| 2023 | 18.2% | 4.8% | 21.3% | 11.80% |
| 2022 | -26.8% | -37.4% | -14.5% | 89.89% |
| 2021 | 3.8% | -4.7% | 18.7% | 78.11% |
Total Return Ranking - Trailing
| Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | 2.6% | 13.8% | 95.53% |
| 1 Yr | 22.6% | 16.5% | 28.6% | 73.74% |
| 3 Yr | 18.2%* | 12.4% | 20.3% | 48.60% |
| 5 Yr | 9.3%* | 4.3% | 10.7% | 39.43% |
| 10 Yr | N/A* | 7.7% | 12.5% | 21.55% |
* Annualized
Total Return Ranking - Calendar
| Period | FSNZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 23.7% | 10.2% | 25.0% | 5.03% |
| 2024 | 14.2% | 0.2% | 22.6% | 48.04% |
| 2023 | 20.7% | 11.2% | 37.0% | 27.53% |
| 2022 | -18.2% | -19.8% | 0.1% | 67.42% |
| 2021 | 16.6% | 4.2% | 22.9% | 60.95% |
NAV & Total Return History
FSNZX - Holdings
Concentration Analysis
| FSNZX | Category Low | Category High | FSNZX % Rank | |
|---|---|---|---|---|
| Net Assets | 27.2 B | 22.1 M | 117 B | 10.61% |
| Number of Holdings | 47 | 2 | 86 | 7.26% |
| Net Assets in Top 10 | 18.9 B | 20.9 M | 109 B | 10.61% |
| Weighting of Top 10 | 76.25% | 58.1% | 111.4% | 82.46% |
Top 10 Holdings
- FIDELITY SERIES GROWTH COMPANY FUND 10.02%
- FIDELITY SERIES LARGE CAP STOCK FUND 10.01%
- Fidelity Series Emerging Markets Opportunities Fund 9.98%
- Fidelity Series International Value Fund 7.47%
- Fidelity Series Overseas Fund 7.29%
- Fidelity Series International Growth Fund 7.26%
- Fidelity Series Stock Selector Large Cap Value Fund 6.62%
- Fidelity Series Value Discovery Fund 6.03%
- Fidelity Series Opportunistic Insights Fund 6.00%
- Fidelity Series Blue Chip Growth Fund 5.58%
Asset Allocation
| Weighting | Return Low | Return High | FSNZX % Rank | |
|---|---|---|---|---|
| Stocks | 99.63% | 0.00% | 100.00% | 48.04% |
| Bonds | 0.28% | 0.00% | 25.62% | 24.02% |
| Cash | 0.12% | 0.00% | 20.94% | 52.51% |
| Convertible Bonds | 0.06% | 0.00% | 1.09% | 71.51% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 32.96% |
| Other | -0.02% | -0.11% | 11.52% | 89.39% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSNZX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.66% | 13.09% | 18.83% | 4.47% |
| Technology | 16.76% | 16.68% | 23.99% | 97.21% |
| Healthcare | 12.13% | 10.69% | 14.59% | 61.45% |
| Industrials | 11.68% | 9.12% | 12.31% | 15.08% |
| Consumer Cyclical | 11.10% | 9.08% | 13.31% | 46.37% |
| Basic Materials | 6.65% | 3.32% | 6.86% | 4.47% |
| Communication Services | 6.64% | 5.69% | 9.96% | 70.39% |
| Energy | 6.54% | 2.43% | 6.54% | 1.12% |
| Consumer Defense | 5.80% | 4.75% | 7.70% | 81.01% |
| Utilities | 2.13% | 1.89% | 3.67% | 98.88% |
| Real Estate | 1.90% | 1.86% | 10.17% | 98.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSNZX % Rank | |
|---|---|---|---|---|
| US | 99.63% | 0.00% | 100.00% | 48.04% |
| Non US | 0.00% | 0.00% | 38.46% | 38.55% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FSNZX % Rank | |
|---|---|---|---|---|
| Government | 48.10% | 11.67% | 67.01% | 15.64% |
| Corporate | 10.37% | 3.21% | 43.85% | 87.71% |
| Securitized | 1.94% | 0.00% | 34.36% | 92.74% |
| Cash & Equivalents | 0.12% | 0.00% | 78.34% | 41.34% |
| Municipal | 0.03% | 0.00% | 1.01% | 71.51% |
| Derivative | -0.02% | -0.11% | 1.48% | 89.39% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FSNZX % Rank | |
|---|---|---|---|---|
| US | 0.28% | 0.00% | 24.00% | 24.02% |
| Non US | 0.00% | 0.00% | 1.62% | 36.31% |
FSNZX - Expenses
Operational Fees
| FSNZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.05% | 7.23% | 57.30% |
| Management Fee | 0.64% | 0.00% | 0.88% | 93.41% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| FSNZX 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
| FSNZX 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.
| FSNZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 30.00% | 0.42% | 115.00% | 68.94% |
FSNZX - Distributions
Dividend Yield Analysis
| FSNZX | Category Low | Category High | FSNZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.53% | 0.00% | 6.14% | 78.77% |
Dividend Distribution Analysis
| FSNZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Annual | Annual |
Net Income Ratio Analysis
| FSNZX | Category Low | Category High | FSNZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.20% | -0.42% | 3.87% | 10.30% |
Capital Gain Distribution Analysis
| FSNZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.218 | OrdinaryDividend |
| Dec 30, 2025 | $0.021 | CapitalGainShortTerm |
| Dec 30, 2025 | $0.124 | CapitalGainLongTerm |
| May 09, 2025 | $0.338 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.201 | OrdinaryDividend |
| Dec 30, 2024 | $0.017 | CapitalGainShortTerm |
| Dec 30, 2024 | $0.059 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.277 | OrdinaryDividend |
| Dec 28, 2023 | $0.170 | OrdinaryDividend |
| Dec 28, 2023 | $0.007 | CapitalGainShortTerm |
| May 12, 2023 | $0.063 | CapitalGainLongTerm |
| Dec 29, 2022 | $0.383 | OrdinaryDividend |
| May 06, 2022 | $0.854 | OrdinaryDividend |
| Dec 30, 2021 | $1.009 | OrdinaryDividend |
| May 14, 2021 | $0.671 | CapitalGainLongTerm |
| Dec 30, 2020 | $0.380 | OrdinaryDividend |
| May 08, 2020 | $0.302 | OrdinaryDividend |
| Dec 30, 2019 | $0.186 | OrdinaryDividend |
| Dec 30, 2019 | $0.016 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.120 | CapitalGainLongTerm |
| May 10, 2019 | $0.007 | CapitalGainShortTerm |
| May 10, 2019 | $0.464 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.057 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.254 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.180 | OrdinaryDividend |
| May 11, 2018 | $0.003 | CapitalGainShortTerm |
| May 11, 2018 | $0.320 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.153 | OrdinaryDividend |
| Dec 28, 2017 | $0.052 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.142 | CapitalGainLongTerm |
FSNZX - 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 |