Fidelity Freedom K® 2040 (FFKFX)

16.65
Net Asset Value
+0.18%
1 Day
+6.39%
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+1.83% 3 years+13.02%
3 months+5.98% 5 years+9.67%
1 year+11.42% Since inception+13.50%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFKFXCategory
Performance 5-yr return+9.67%+9.56%
Expense ratio0.66%1.03%
Risk 5 year sharpe ratio0.810.82
Net assets$10.9B$1.5B
Average market cap$32.2B$33.5B
Average P/E18.918.5
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. stock61.01%
International stock28.79%
Fixed income6.03%
Cash3.49%
Other0.68%
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 F9.52%
FFIGX Fidelity® Series International Growth Fund F9.00%
FFVNX Fidelity® Series International Value Fund Class F8.76%
FFGSX Fidelity® Series Growth Company Fund Class F8.32%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.48%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.44%
FEMFX Fidelity® Series Emerging Markets Fund Class F7.02%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F6.61%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.41%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.94%

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