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Fidelity Freedom K® 2055 Fund (FDENX)

12.14
Net Asset Value
-0.33%
1 Day
+1.93%
Year-to-Date
Overall Morningstar Rating
Target-date 2055
Style or Category
No Load
Sales Expenses
0.67%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return until its target retirement date. The fund invests in a combination of Fidelity  domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom  K Income Fund (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+1.68% 3 years+5.57%
3 months+5.42% 5 years+10.09%
1 year+21.35% Since inception+7.11%
Data through --

Peer Comparisonvs. Target-date 2055

 FDENXCategory
Performance 5-yr return+10.09%+9.86%
Expense ratio0.67%0.88%
Risk 5 year sharpe ratio1.020.98
Net assets$1.9B$304.7M
Average market cap$31.9B$32.9B
Average P/E18.118.9
Portfolio turnover13%13%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock59.01%
International stock30.16%
Cash5.62%
Fixed income4.62%
Other0.59%
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 F10.44%
FEMFX Fidelity® Series Emerging Markets Fund Class F9.52%
FFVNX Fidelity® Series International Value Fund Class F9.02%
FFIGX Fidelity® Series International Growth Fund F8.63%
FFGSX Fidelity® Series Growth Company Fund Class F8.06%
FTBTX Fidelity® Series Growth & Income Fund Class F7.74%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F7.23%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.93%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.93%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.59%