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Fidelity Freedom K® 2055 Fund (FDENX)

11.34
Net Asset Value
+0.35%
1 Day
-0.09%
Year-to-Date
Overall Morningstar Rating
Target-date 2055
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-0.18% 3 years+6.25%
3 months+8.83% 5 years--
1 year-4.42% Since inception+6.49%
Data through --

Peer Comparisonvs. Target-date 2055

 FDENXCategory
Performance 5-yr return--+6.50%
Expense ratio0.64%0.93%
Risk 5 year sharpe ratio--0.54
Net assets$1.5B$225.8M
Average market cap$28.9B$32.4B
Average P/E17.017.3
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. stock60.72%
International stock29.75%
Fixed income4.83%
Cash4.08%
Other0.62%
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 F9.62%
FEMFX Fidelity® Series Emerging Markets Fund Class F9.27%
FFIGX Fidelity® Series International Growth Fund F9.05%
FFVNX Fidelity® Series International Value Fund Class F8.85%
FFGSX Fidelity® Series Growth Company Fund Class F8.25%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.42%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.41%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.33%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.37%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.16%

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