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Fidelity Freedom K® 2055 (FDENX)

11.61
Net Asset Value
+0.09%
1 Day
-2.44%
Year-to-Date
Overall Morningstar Rating
Target date 2051+
Style or Category
No Load
Sales Expenses
0.64%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return until its target retirement date. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2055).

Performance

1 month-4.76% 3 years+10.13%
3 months-6.60% 5 years--
1 year-0.97% Since inception+8.75%
Data through --

Peer Comparisonvs. Target date 2051+

 FDENXCategory
Performance 5-yr return--+12.77%
Expense ratio0.64%0.95%
Risk 5 year sharpe ratio--0.94
Net assets$1.1B$148.3M
Average market cap$31.5B$32.7B
Average P/E18.418.2
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock60.86%
International stock30.24%
Fixed income5.20%
Cash3.27%
Other0.43%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FRLLX Fidelity® Series Equity-Income Fund Class F9.70%
FFIGX Fidelity® Series International Growth Fund F8.93%
FFVNX Fidelity® Series International Value Fund Class F8.86%
FFGSX Fidelity® Series Growth Company Fund Class F8.14%
FEMFX Fidelity® Series Emerging Markets Fund Class F8.06%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.44%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.41%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.44%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.83%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.11%

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