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Trending ETFs

Fidelity Freedom® Income Fund

mutual fund
FFFAX
Dividend policy
Active
Price as of:
$12.26 +0.01 +0%
primary theme
Target Date
FFFAX (Mutual Fund)

Fidelity Freedom® Income Fund

Dividend policy
Active
Price as of:
$12.26 +0.01 +0%
primary theme
Target Date
FFFAX (Mutual Fund)
Fidelity Freedom® Income Fund
Dividend policy
Active
Price as of:
$12.26 +0.01 +0%
primary theme
Target Date
share class

FFFAX - Snapshot

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 6.1%
  • Net Assets $3.35 B
  • Holdings in Top 10 88.5%

52 WEEK LOW AND HIGH

$12.25
$10.71
$12.47

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Theme Target Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date Retirement

Compare FFFAX to Popular Target Date Funds Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$15.00

+0.13%

$18.31 B

1.64%

$0.25

blocked
blocked
blocked

0.47%

-

$14.33

+0.21%

$8.62 B

1.92%

$0.27

blocked
blocked
blocked

0.63%

-

$24.44

+0.16%

$7.47 B

1.65%

$0.40

blocked
blocked
blocked

0.45%

-

$12.26

+0.08%

$3.35 B

1.18%

$0.14

blocked
blocked
blocked

0.41%

-

$13.61

+0.07%

$2.63 B

1.28%

$0.17

blocked
blocked
blocked

0.81%

-

Compare FFFAX to Popular Target Date Funds ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$21.73

-0.05%

$2.20 B

2.28%

$0.49

blocked
blocked
blocked

-0.09%

-

$21.21

0.00%

$2.09 B

2.20%

$0.47

blocked
blocked
blocked

0.00%

-

$24.91

-0.02%

$1.57 B

2.27%

$0.57

blocked
blocked
blocked

0.00%

-

$21.88

-0.05%

$1.55 B

2.36%

$0.52

blocked
blocked
blocked

-0.09%

-

$25.53

0.00%

$1.42 B

2.32%

$0.59

blocked
blocked
blocked

-0.16%

-

FFFAX - Profile

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 ® domestic 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 0.4% -1.8% 1.3% 49.43%
1 Yr 8.9% -9.0% 14.0% 49.59%
3 Yr 5.8%* 0.9% 8.5% 61.61%
5 Yr 6.1%* 1.3% 9.3% 56.52%
10 Yr 4.7%* 2.2% 6.9% 63.48%

* Annualized

Return Ranking - Calendar

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -15.2% 12.6% 66.95%
2019 6.7% -1.1% 13.9% 68.66%
2018 -6.8% -13.1% 0.1% 57.95%
2017 4.2% -12.3% 10.3% 52.17%
2016 1.7% -74.7% 5.6% 62.84%

Total Return Ranking - Trailing

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -1.8% 1.3% 49.43%
1 Yr 8.9% -9.0% 14.0% 38.16%
3 Yr 5.8%* -0.1% 8.5% 53.09%
5 Yr 6.1%* 0.7% 9.3% 48.24%
10 Yr 4.7%* 2.2% 6.9% 59.29%

* Annualized

Total Return Ranking - Calendar

Period FFFAX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -15.2% 12.6% 66.95%
2019 6.7% -1.1% 13.9% 68.66%
2018 -2.1% -12.9% 0.7% 19.32%
2017 8.2% -12.3% 12.7% 33.54%
2016 5.2% -2.2% 8.9% 27.03%

NAV & Total Return History


FFFAX - Holdings

Concentration Analysis

FFFAX Category Low Category High FFFAX % Rank
Net Assets 3.35 B 124 K 18.3 B 3.40%
Number of Holdings 38 1 1485 24.81%
Net Assets in Top 10 2.95 B 99.5 K 17.9 B 3.44%
Weighting of Top 10 88.46% 5.1% 100.0% 36.00%

Top 10 Holdings

  1. Fidelity® Series Investment Grade Bond 37.67%
  2. Fidelity® Series Government Money Mkt 18.24%
  3. Fidelity® Series Infl-Prtct Bd Idx 11.72%
  4. Fidelity® Series Emerging Markets Opps 6.78%
  5. Fidelity® Series Short-Term Credit 4.66%
  6. Fidelity® Series Commodity Strategy 2.51%
  7. Fidelity® Series Long-Term Trs Bd Idx 2.23%
  8. Fidelity® Series International Value 1.63%
  9. Fidelity® Series Overseas 1.53%
  10. Fidelity® Series International Growth 1.50%

Asset Allocation

Weighting Return Low Return High FFFAX % Rank
Bonds
54.80% 0.00% 184.99% 75.19%
Cash
23.87% -109.81% 100.00% 9.92%
Stocks
20.26% 0.00% 48.72% 66.79%
Convertible Bonds
0.89% 0.00% 6.48% 30.15%
Preferred Stocks
0.14% 0.00% 34.78% 18.32%
Other
0.03% 0.00% 65.36% 49.24%

Stock Sector Breakdown

Weighting Return Low Return High FFFAX % Rank
Technology
18.29% 5.91% 25.62% 53.30%
Financial Services
17.19% 9.36% 18.84% 6.09%
Consumer Cyclical
14.43% 6.85% 14.44% 9.64%
Healthcare
10.77% 8.45% 15.41% 78.17%
Communication Services
10.01% 6.00% 10.54% 21.83%
Industrials
9.34% 5.97% 14.64% 87.82%
Consumer Defense
6.23% 5.15% 10.62% 95.43%
Basic Materials
5.67% 1.69% 7.01% 9.64%
Energy
3.64% 1.39% 4.92% 13.71%
Utilities
2.24% 0.80% 9.30% 98.48%
Real Estate
2.20% 1.62% 22.44% 96.45%

Stock Geographic Breakdown

Weighting Return Low Return High FFFAX % Rank
Non US
13.43% 0.00% 19.92% 16.03%
US
6.83% 0.00% 33.56% 75.19%

Bond Sector Breakdown

Weighting Return Low Return High FFFAX % Rank
Government
31.50% 0.00% 99.98% 45.80%
Cash & Equivalents
29.92% 0.00% 100.00% 12.98%
Corporate
21.93% 0.00% 99.88% 58.40%
Securitized
16.20% 0.00% 88.98% 48.47%
Municipal
0.43% 0.00% 100.00% 36.64%
Derivative
0.02% 0.00% 11.84% 34.73%

Bond Geographic Breakdown

Weighting Return Low Return High FFFAX % Rank
US
48.11% 0.00% 184.99% 77.86%
Non US
6.69% -6.97% 33.34% 41.98%

FFFAX - Expenses

Operational Fees

FFFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.02% 22.41% 47.46%
Management Fee 0.47% 0.00% 1.08% 95.10%
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 17.00% 0.00% 85.00% 39.34%

FFFAX - Distributions

Dividend Yield Analysis

FFFAX Category Low Category High FFFAX % Rank
Dividend Yield 0.00% 0.00% 1.95% 61.51%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFFAX Category Low Category High FFFAX % Rank
Net Income Ratio 1.90% -0.07% 5.59% 64.53%

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

9.51

9.5%

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

6.95

7.0%

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 16.18 5.1 1.27