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Fidelity Freedom K® 2055 Fund (FDENX)

13.39
Net Asset Value
-0.15%
1 Day
+12.43%
Year-to-Date
Overall Morningstar Rating
Target-date 2055
Style or Category
No Load
Sales Expenses
0.69%
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+2.29% 3 years+7.56%
3 months+7.03% 5 years+11.42%
1 year+18.18% Since inception+8.36%
Data through --

Peer Comparisonvs. Target-date 2055

 FDENXCategory
Performance 5-yr return+11.42%+10.49%
Expense ratio0.69%0.85%
Risk 5 year sharpe ratio1.211.15
Net assets$2.3B$384.8M
Average market cap$34.7B$35.6B
Average P/E19.119.3
Portfolio turnover18%18%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock56.37%
International stock33.94%
Cash5.19%
Fixed income3.90%
Other0.61%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FEMFX Fidelity® Series Emerging Markets Fund Class F10.15%
FFIGX Fidelity® Series International Growth Fund F9.94%
FRLLX Fidelity® Series Equity-Income Fund Class F9.65%
FFVNX Fidelity® Series International Value Fund Class F9.62%
FFGSX Fidelity® Series Growth Company Fund Class F8.13%
FTBTX Fidelity® Series Growth & Income Fund Class F6.85%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.85%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F6.42%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.72%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.34%