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Fidelity Freedom K® 2055 Fund (FDENX)

10.16
Net Asset Value
+1.60%
1 Day
-10.48%
Year-to-Date
Overall Morningstar Rating
Target date 2051+
Style or Category
No Load
Sales Expenses
0.64%
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 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-4.96% 3 years+3.57%
3 months-10.92% 5 years--
1 year-12.64% Since inception+5.25%
Data through --

Peer Comparisonvs. Target date 2051+

 FDENXCategory
Performance 5-yr return--+7.45%
Expense ratio0.64%0.93%
Risk 5 year sharpe ratio--0.54
Net assets$1.2B$141.4M
Average market cap$31.6B$32.5B
Average P/E17.717.4
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. stock61.05%
International stock29.47%
Fixed income4.98%
Cash4.17%
Other0.34%
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 F9.80%
FFIGX Fidelity® Series International Growth Fund F8.88%
FFVNX Fidelity® Series International Value Fund Class F8.85%
FFGSX Fidelity® Series Growth Company Fund Class F8.78%
FEMFX Fidelity® Series Emerging Markets Fund Class F8.41%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.47%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.46%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.33%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.27%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.19%

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