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Fidelity Freedom K® 2045 Fund (FFKGX)

16.29
Net Asset Value
+0.25%
1 Day
+7.10%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
No Load
Sales Expenses
0.67%
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 Fidelity  domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom  K Income Fund (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 2045)).

Performance

1 month+3.36% 3 years+5.85%
3 months+3.89% 5 years+10.10%
1 year+9.71% Since inception+10.98%
Data through --

Peer Comparisonvs. Target-date 2045

 FFKGXCategory
Performance 5-yr return+10.10%+11.30%
Expense ratio0.67%0.89%
Risk 5 year sharpe ratio0.970.95
Net assets$7.1B$1.2B
Average market cap$31.6B$34.3B
Average P/E18.618.9
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock57.75%
International stock31.43%
Fixed income5.36%
Cash4.88%
Other0.59%
Top 5 Sectors
Portfolio weighting
Financial service 17.91%
Industrial materials 14.52%
Consumer goods 12.58%
Energy 10.93%
Healthcare 10.27%
Top 10 Holdings
Portfolio weighting
FEMFX Fidelity® Series Emerging Markets Fund Class F10.19%
FRLLX Fidelity® Series Equity-Income Fund Class F10.04%
FFVNX Fidelity® Series International Value Fund Class F9.26%
FFIGX Fidelity® Series International Growth Fund F9.01%
FFGSX Fidelity® Series Growth Company Fund Class F8.11%
FTBTX Fidelity® Series Growth & Income Fund Class F7.38%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.95%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.71%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.91%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.66%