Name
As of 06/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.5%
1 yr return
6.4%
3 Yr Avg Return
-0.3%
5 Yr Avg Return
3.3%
Net Assets
$95.7 M
Holdings in Top 10
85.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FYGLX - Profile
Distributions
- YTD Total Return 2.5%
- 3 Yr Annualized Total Return -0.3%
- 5 Yr Annualized Total Return 3.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.42%
- Dividend Yield 1.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Advisor Freedom 2005 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2017
-
Shares OutstandingN/A
-
Share ClassZ6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Dierdorf
Fund Description
FYGLX - Performance
Return Ranking - Trailing
| Period | FYGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.5% | 1.7% | 5.1% | 80.37% |
| 1 Yr | 6.4% | 5.3% | 13.1% | 77.57% |
| 3 Yr | -0.3%* | -2.3% | 3.0% | 65.69% |
| 5 Yr | 3.3%* | 1.5% | 6.0% | 80.21% |
| 10 Yr | N/A* | 2.6% | 5.1% | 84.93% |
* Annualized
Return Ranking - Calendar
| Period | FYGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 5.2% | 4.5% | 10.5% | 77.06% |
| 2024 | -17.2% | -23.8% | -12.4% | 52.29% |
| 2023 | -3.7% | -9.1% | 5.1% | 90.20% |
| 2022 | 3.7% | 1.5% | 9.4% | 83.00% |
| 2021 | 7.3% | -1.8% | 13.0% | 86.73% |
Total Return Ranking - Trailing
| Period | FYGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.5% | 1.7% | 5.1% | 80.37% |
| 1 Yr | 6.4% | 5.3% | 13.1% | 77.57% |
| 3 Yr | -0.3%* | -2.3% | 3.0% | 65.69% |
| 5 Yr | 3.3%* | 1.5% | 6.0% | 80.21% |
| 10 Yr | N/A* | 2.6% | 5.1% | 82.19% |
* Annualized
Total Return Ranking - Calendar
| Period | FYGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.4% | 7.1% | 12.9% | 77.98% |
| 2024 | -11.7% | -20.7% | -9.1% | 17.43% |
| 2023 | 3.9% | 2.5% | 9.3% | 81.37% |
| 2022 | 9.2% | 8.1% | 12.1% | 77.00% |
| 2021 | 12.8% | 11.2% | 16.4% | 72.45% |
NAV & Total Return History
FYGLX - Holdings
Concentration Analysis
| FYGLX | Category Low | Category High | FYGLX % Rank | |
|---|---|---|---|---|
| Net Assets | 95.7 M | 2.56 M | 3.88 B | 55.05% |
| Number of Holdings | 39 | 6 | 41 | 24.77% |
| Net Assets in Top 10 | 80.3 M | 2.1 M | 3.23 B | 55.05% |
| Weighting of Top 10 | 85.46% | 67.5% | 100.0% | 25.69% |
Top 10 Holdings
- Fidelity Series Investment Grade Bond Fund 38.11%
- Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund 19.74%
- Fidelity Series Government Money Market Fund 8.51%
- Fidelity Series Emerging Markets Opportunities Fund 4.44%
- Fidelity Series International Developed Markets Bond Index Fund 3.79%
- Fidelity Series Long-Term Treasury Bond Index Fund 3.38%
- Fidelity Series International Value Fund 1.90%
- Fidelity Series Short-Term Credit Fund 1.88%
- Fidelity Series Overseas Fund 1.86%
- Fidelity Series International Growth Fund 1.86%
Asset Allocation
| Weighting | Return Low | Return High | FYGLX % Rank | |
|---|---|---|---|---|
| Stocks | 99.53% | 91.06% | 100.03% | 71.56% |
| Convertible Bonds | 0.84% | 0.21% | 1.16% | 34.86% |
| Cash | 0.27% | 0.00% | 2.58% | 29.36% |
| Bonds | 0.17% | 0.00% | 8.48% | 13.76% |
| Other | 0.03% | 0.00% | 0.03% | 8.26% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 74.31% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FYGLX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.98% | 11.25% | 19.98% | 4.59% |
| Technology | 16.97% | 12.84% | 20.54% | 74.31% |
| Industrials | 11.54% | 8.69% | 12.01% | 36.70% |
| Healthcare | 10.44% | 9.47% | 13.88% | 72.48% |
| Consumer Cyclical | 10.12% | 5.80% | 12.80% | 71.56% |
| Basic Materials | 7.96% | 2.99% | 8.05% | 13.76% |
| Communication Services | 7.29% | 5.69% | 10.09% | 43.12% |
| Energy | 6.00% | 2.42% | 9.60% | 34.86% |
| Consumer Defense | 5.57% | 4.82% | 10.61% | 58.72% |
| Utilities | 2.06% | 1.92% | 5.81% | 81.65% |
| Real Estate | 2.06% | 1.86% | 10.43% | 86.24% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FYGLX % Rank | |
|---|---|---|---|---|
| US | 99.53% | 91.06% | 100.03% | 71.56% |
| Non US | 0.00% | 0.00% | 0.00% | 74.31% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FYGLX % Rank | |
|---|---|---|---|---|
| Government | 46.08% | 22.96% | 95.72% | 71.56% |
| Corporate | 17.55% | 1.54% | 45.78% | 62.39% |
| Securitized | 13.63% | 0.00% | 24.54% | 66.97% |
| Municipal | 0.34% | 0.00% | 0.91% | 40.37% |
| Cash & Equivalents | 0.16% | 0.00% | 2.44% | 24.77% |
| Derivative | 0.03% | 0.00% | 0.03% | 4.59% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FYGLX % Rank | |
|---|---|---|---|---|
| US | 0.17% | 0.00% | 8.48% | 13.76% |
| Non US | 0.00% | 0.00% | 0.00% | 74.31% |
FYGLX - Expenses
Operational Fees
| FYGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.24% | 0.05% | 1.51% | 85.98% |
| Management Fee | 0.24% | 0.00% | 0.57% | 33.94% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.05% | 0.15% | N/A |
Sales Fees
| FYGLX 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% | 1.00% | N/A |
Trading Fees
| FYGLX 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.
| FYGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 45.00% | 20.00% | 65.00% | 73.08% |
FYGLX - Distributions
Dividend Yield Analysis
| FYGLX | Category Low | Category High | FYGLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.96% | 0.00% | 7.61% | 45.87% |
Dividend Distribution Analysis
| FYGLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| FYGLX | Category Low | Category High | FYGLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.42% | 0.56% | 3.49% | 12.38% |
Capital Gain Distribution Analysis
| FYGLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.285 | OrdinaryDividend |
| May 12, 2023 | $0.023 | OrdinaryDividend |
| Dec 29, 2022 | $0.345 | OrdinaryDividend |
| May 13, 2022 | $0.307 | OrdinaryDividend |
| Dec 30, 2021 | $0.570 | OrdinaryDividend |
| May 14, 2021 | $0.329 | OrdinaryDividend |
| Dec 30, 2020 | $0.395 | OrdinaryDividend |
| May 08, 2020 | $0.221 | OrdinaryDividend |
| Dec 30, 2019 | $0.204 | OrdinaryDividend |
| Dec 30, 2019 | $0.029 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.161 | CapitalGainLongTerm |
| May 10, 2019 | $0.149 | CapitalGainLongTerm |
| May 10, 2019 | $0.042 | OrdinaryDividend |
| Dec 28, 2018 | $0.049 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.336 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.237 | OrdinaryDividend |
| May 11, 2018 | $0.016 | CapitalGainShortTerm |
| May 11, 2018 | $0.282 | CapitalGainLongTerm |
| May 11, 2018 | $0.038 | OrdinaryDividend |
| Dec 28, 2017 | $0.189 | OrdinaryDividend |
| Dec 28, 2017 | $0.039 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.269 | CapitalGainLongTerm |
FYGLX - 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 |
|---|---|---|---|
| 0.85 | 16.18 | 6.0 | 2.41 |