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Fidelity Freedom K® 2045 Fund (FFKGX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2045
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 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)).


1 month+3.63% 3 years+7.39%
3 months+4.19% 5 years+11.37%
1 year+20.25% Since inception+11.73%
Data through --

Peer Comparisonvs. Target-date 2045

Performance 5-yr return+11.37%+8.44%
Expense ratio0.67%0.86%
Risk 5 year sharpe ratio0.980.93
Net assets$7.8B$1.3B
Average market cap$33.5B$35.1B
Average P/E19.719.5
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--


U.S. stock57.46%
International stock32.08%
Fixed income4.01%
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 F10.15%
FRLLX Fidelity® Series Equity-Income Fund Class F9.87%
FFVNX Fidelity® Series International Value Fund Class F9.48%
FFIGX Fidelity® Series International Growth Fund F9.45%
FFGSX Fidelity® Series Growth Company Fund Class F8.07%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F7.05%
FTBTX Fidelity® Series Growth & Income Fund Class F6.98%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F6.23%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.67%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.33%