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Fidelity Freedom K® 2040 Fund (FFKFX)

14.70
Net Asset Value
-2.71%
1 Day
-6.07%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
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 2040).

Performance

1 month-8.53% 3 years+8.34%
3 months-9.20% 5 years+9.39%
1 year-4.52% Since inception+13.05%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFKFXCategory
Performance 5-yr return+9.39%+11.62%
Expense ratio0.64%1.01%
Risk 5 year sharpe ratio0.980.94
Net assets$10.9B$1.6B
Average market cap$31.7B$33.9B
Average P/E18.518.3
Portfolio turnover19%19%

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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. stock61.16%
International stock30.03%
Fixed income5.22%
Cash3.16%
Other0.43%
Top 5 Sectors
Portfolio weighting
Financial service 17.98%
Industrial materials 14.50%
Consumer goods 12.65%
Energy 10.93%
Healthcare 10.25%
Top 10 Holdings
Portfolio weighting
FRLLX Fidelity® Series Equity-Income Fund Class F9.59%
FFGSX Fidelity® Series Growth Company Fund Class F9.06%
FFIGX Fidelity® Series International Growth Fund F9.03%
FFVNX Fidelity® Series International Value Fund Class F9.03%
FEMFX Fidelity® Series Emerging Markets Fund Class F7.62%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.42%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.40%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.34%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.70%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.01%

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