Fidelity Freedom® 2050 Fund (FFFHX)

12.15
Net Asset Value
+0.50%
1 Day
-0.33%
Year-to-Date
Overall Morningstar Rating
Target-date 2050
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Above 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- 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 2050)).

Performance

1 month+1.54% 3 years+8.16%
3 months+0.96% 5 years+9.34%
1 year+14.17% Since inception+6.04%
Data through --

Peer Comparisonvs. Target-date 2050

 FFFHXCategory
Performance 5-yr return+9.34%+8.91%
Expense ratio0.75%0.85%
Risk 5 year sharpe ratio0.990.91
Net assets$11.4B$1.2B
Average market cap$36.2B$37.2B
Average P/E17.617.8
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock52.84%
International stock35.00%
Fixed income6.05%
Cash5.42%
Other0.69%
Top 5 Sectors
Portfolio weighting
Financial service 17.63%
Industrial materials 14.54%
Consumer goods 12.79%
Energy 10.93%
Healthcare 10.24%
Top 10 Holdings
Portfolio weighting
FDMLX Fidelity® Series Intrinsic Opportunities Fund9.73%
FEMSX Fidelity® Series Emerging Markets Fund9.12%
FIGSX Fidelity® Series International Growth Fund9.11%
FINVX Fidelity® Series International Value Fund8.95%
FGLGX Fidelity® Series Growth & Income Fund8.62%
FCGSX Fidelity® Series Growth Company Fund8.01%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.71%
FNKLX Fidelity® Series Value Discovery Fund4.76%
FVWSX Fidelity® Series Opportunistic Insights Fund4.32%
FSBDX Fidelity® Series Blue Chip Growth Fund3.94%