Fidelity Freedom K® 2040 (FFKFX)

15.43
Net Asset Value
-1.09%
1 Day
-1.41%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
0.66%
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-2.03% 3 years+11.45%
3 months-0.12% 5 years+10.49%
1 year+7.12% Since inception+13.51%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFKFXCategory
Performance 5-yr return+10.49%+9.83%
Expense ratio0.66%1.03%
Risk 5 year sharpe ratio0.820.82
Net assets$10.5B$1.5B
Average market cap$32.0B$33.4B
Average P/E18.317.9
Portfolio turnover50%50%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 3 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock61.42%
International stock28.63%
Fixed income5.80%
Cash3.50%
Other0.65%
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 F9.79%
FFIGX Fidelity® Series International Growth F8.90%
FFVNX Fidelity® Series International Value F8.69%
FFGSX Fidelity® Series Growth Company F8.01%
FSFFX Fidelity® Series All-Sector Equity F7.57%
FTBTX Fidelity® Series Growth & Income F7.54%
FEMFX Fidelity® Series Emerging Markets F6.87%
FSBEX Fidelity® Series Blue Chip Growth F6.68%
FRGEX Fidelity® Series Stk Selec Lg Cp Val F6.57%
FWWEX Fidelity® Series Opportunistic InsightsF4.98%

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