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Fidelity Freedom® Income Fund

mutual fund
FFFAX
Dividend policy
Active
Price as of:
$12.33 -0.01 0%
primary theme
Target Date
FFFAX (Mutual Fund)

Fidelity Freedom® Income Fund

Dividend policy
Active
Price as of:
$12.33 -0.01 0%
primary theme
Target Date
FFFAX (Mutual Fund)

Fidelity Freedom® Income Fund

Dividend policy
Active
Price as of:
$12.33 -0.01 0%
primary theme
Target Date

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.33

-

0.58%

$0.07

0.47%

Vitals

YTD Return

1.0%

1 yr return

7.4%

3 Yr Avg Return

6.8%

5 Yr Avg Return

5.7%

Net Assets

$3.25 B

Holdings in Top 10

89.9%

52 WEEK LOW AND HIGH

$12.34
$11.92
$12.47

Expenses

OPERATING FEES

Expense Ratio 0.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date Retirement


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.33

-

0.58%

$0.07

0.47%

FFFAX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.05%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Freedom® Income Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Oct 17, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Dierdorf

Fund Description

The fund invests primarily in a combination of Fidelity ® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds).


FFFAX - Performance

Return Ranking - Trailing

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -3.4% 8.3% 66.67%
1 Yr 7.4% -3.8% 24.9% 60.47%
3 Yr 6.8%* 1.4% 10.9% 66.98%
5 Yr 5.7%* 0.8% 9.1% 66.47%
10 Yr 4.8%* 2.5% 7.6% 68.70%

* Annualized

Return Ranking - Calendar

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -15.2% 12.6% 70.22%
2019 6.7% -1.1% 13.9% 72.49%
2018 -6.8% -13.1% 0.1% 56.71%
2017 4.2% -12.3% 10.3% 56.38%
2016 1.7% -74.7% 5.6% 63.97%

Total Return Ranking - Trailing

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -3.4% 8.3% 66.67%
1 Yr 7.4% -3.8% 24.9% 48.94%
3 Yr 6.8%* 0.5% 10.9% 58.38%
5 Yr 5.7%* 0.2% 9.1% 59.12%
10 Yr 4.8%* 2.5% 7.6% 66.37%

* Annualized

Total Return Ranking - Calendar

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -15.2% 12.6% 70.22%
2019 6.7% -1.1% 13.9% 72.49%
2018 -2.1% -12.9% 0.3% 19.51%
2017 8.2% -12.3% 12.7% 36.24%
2016 5.2% -2.2% 8.9% 25.00%

NAV & Total Return History


FFFAX - Holdings

Concentration Analysis

FFFAX Category Low Category High FFFAX % Rank
Net Assets 3.25 B 129 K 16.7 B 3.50%
Number of Holdings 36 2 1564 26.85%
Net Assets in Top 10 2.93 B 104 K 16.6 B 3.50%
Weighting of Top 10 89.86% 4.5% 100.0% 35.00%

Top 10 Holdings

  1. Fidelity® Series Investment Grade Bond 38.78%
  2. Fidelity® Series Government Money Mkt 18.48%
  3. Fidelity® Series Infl-Prtct Bd Idx 12.16%
  4. Fidelity® Series Emerging Markets Opps 5.09%
  5. Fidelity® Series Short-Term Credit 4.14%
  6. Fidelity® Series Long-Term Trs Bd Idx 3.10%
  7. Fidelity® Series Commodity Strategy 2.80%
  8. Fidelity® Series Overseas 1.78%
  9. Fidelity® Series International Growth 1.76%
  10. Fidelity® Series International Value 1.76%

Asset Allocation

Weighting Return Low Return High FFFAX % Rank
Bonds
58.25% -9.67% 127.57% 59.53%
Cash
22.27% -33.44% 99.04% 11.28%
Stocks
18.61% 0.00% 48.52% 64.98%
Convertible Bonds
0.89% 0.00% 6.40% 32.30%
Preferred Stocks
0.13% 0.00% 32.02% 21.79%
Other
-0.15% -1.96% 63.99% 93.00%

Stock Sector Breakdown

Weighting Return Low Return High FFFAX % Rank
Technology
18.69% 4.44% 25.97% 69.84%
Financial Services
18.63% 11.43% 18.63% 1.59%
Consumer Cyclical
12.06% 5.79% 14.61% 40.21%
Industrials
11.61% 3.98% 14.89% 22.22%
Healthcare
10.26% 9.17% 14.71% 80.95%
Communication Services
8.55% 5.58% 10.25% 48.15%
Basic Materials
6.76% 2.83% 7.12% 9.52%
Consumer Defense
5.33% 4.98% 12.51% 87.30%
Energy
4.26% 1.88% 6.54% 6.35%
Real Estate
2.01% 1.82% 21.66% 99.47%
Utilities
1.84% 0.40% 10.63% 94.71%

Stock Geographic Breakdown

Weighting Return Low Return High FFFAX % Rank
Non US
12.53% 0.00% 18.61% 22.57%
US
6.08% 0.00% 30.78% 73.54%

Bond Sector Breakdown

Weighting Return Low Return High FFFAX % Rank
Government
39.55% 0.00% 99.84% 38.52%
Cash & Equivalents
29.33% 0.03% 99.31% 9.73%
Corporate
19.08% 0.00% 99.97% 59.14%
Securitized
11.55% 0.00% 90.72% 60.31%
Municipal
0.39% 0.00% 99.92% 40.47%
Derivative
0.11% 0.00% 15.12% 40.08%

Bond Geographic Breakdown

Weighting Return Low Return High FFFAX % Rank
US
51.81% -9.67% 127.57% 58.75%
Non US
6.44% -15.81% 18.51% 38.52%

FFFAX - Expenses

Operational Fees

FFFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.06% 3.21% 45.74%
Management Fee 0.47% 0.00% 0.77% 94.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FFFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FFFAX 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.

FFFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 130.00% 45.23%

FFFAX - Distributions

Dividend Yield Analysis

FFFAX Category Low Category High FFFAX % Rank
Dividend Yield 0.58% 0.00% 1.41% 71.81%

Dividend Distribution Analysis

FFFAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FFFAX Category Low Category High FFFAX % Rank
Net Income Ratio 1.05% -0.09% 7.19% 82.59%

Capital Gain Distribution Analysis

FFFAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

FFFAX - Fund Manager Analysis

Managers

Andrew Dierdorf


Start Date

Tenure

Tenure Rank

Jun 30, 2011

10.18

10.2%

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

7.61

7.6%

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
0.07 16.84 5.1 3.0