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Fidelity Freedom K® 2040 (FFKFX)

16.05
Net Asset Value
+0.56%
1 Day
+2.56%
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+1.13% 3 years+12.30%
3 months-0.79% 5 years+11.02%
1 year+5.62% Since inception+13.07%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFKFXCategory
Performance 5-yr return+11.02%+11.62%
Expense ratio0.64%1.01%
Risk 5 year sharpe ratio1.051.02
Net assets$10.9B$1.6B
Average market cap$31.6B$33.6B
Average P/E18.718.4
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. stock60.39%
International stock30.23%
Fixed income5.33%
Cash3.33%
Other0.71%
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 F9.67%
FFIGX Fidelity® Series International Growth Fund F9.07%
FFVNX Fidelity® Series International Value Fund Class F8.97%
FFGSX Fidelity® Series Growth Company Fund Class F8.50%
FEMFX Fidelity® Series Emerging Markets Fund Class F7.95%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.42%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.35%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.41%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.83%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.02%