Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity Freedom K® 2040 Fund (FFKFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
Expense Ratio
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).


1 month+1.83% 3 years+6.44%
3 months+10.11% 5 years+5.62%
1 year-3.73% Since inception+10.80%
Data through --

Peer Comparisonvs. Target date 2036-2040

Performance 5-yr return+5.62%+5.71%
Expense ratio0.64%0.96%
Risk 5 year sharpe ratio0.540.54
Net assets$10.7B$1.6B
Average market cap$29.6B$33.0B
Average P/E17.217.1
Portfolio turnover19%19%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock60.57%
International stock30.17%
Fixed income5.03%
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%
FFIGX Fidelity® Series International Growth Fund F9.07%
FFVNX Fidelity® Series International Value Fund Class F8.93%
FEMFX Fidelity® Series Emerging Markets Fund Class F8.84%
FFGSX Fidelity® Series Growth Company Fund Class F8.74%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.39%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.38%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.33%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.35%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.08%

Partner Offers