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Fidelity Freedom K® 2040 Fund (FFKFX)

13.24
Net Asset Value
+1.69%
1 Day
-10.48%
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-5.99% 3 years+2.71%
3 months-13.45% 5 years+3.48%
1 year-13.08% Since inception+10.11%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFKFXCategory
Performance 5-yr return+3.48%+6.48%
Expense ratio0.64%0.97%
Risk 5 year sharpe ratio0.500.51
Net assets$9.9B$1.5B
Average market cap$31.6B$33.6B
Average P/E17.817.4
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. stock61.07%
International stock29.41%
Fixed income4.97%
Cash4.22%
Other0.34%
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 F9.73%
FFGSX Fidelity® Series Growth Company Fund Class F9.16%
FFIGX Fidelity® Series International Growth Fund F8.87%
FFVNX Fidelity® Series International Value Fund Class F8.84%
FEMFX Fidelity® Series Emerging Markets Fund Class F8.44%
FTBTX Fidelity® Series Growth &, Income Fund Class F7.44%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.41%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.31%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F5.24%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.10%

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