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Fidelity Freedom K® 2045 Fund (FFKGX)

16.91
Net Asset Value
-0.18%
1 Day
+6.29%
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+0.77% 3 years+6.70%
3 months+4.25% 5 years+9.40%
1 year+13.32% Since inception+11.61%
Data through --

Peer Comparisonvs. Target-date 2045

 FFKGXCategory
Performance 5-yr return+9.40%+8.44%
Expense ratio0.67%0.87%
Risk 5 year sharpe ratio0.940.89
Net assets$7.7B$1.3B
Average market cap$32.4B$34.7B
Average P/E18.719.5
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--

Holdings

U.S. stock57.53%
International stock32.15%
Cash5.77%
Fixed income3.95%
Other0.60%
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 F10.17%
FRLLX Fidelity® Series Equity-Income Fund Class F10.02%
FFIGX Fidelity® Series International Growth Fund F9.35%
FFVNX Fidelity® Series International Value Fund Class F9.23%
FFGSX Fidelity® Series Growth Company Fund Class F8.12%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F7.20%
FTBTX Fidelity® Series Growth & Income Fund Class F7.09%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F6.16%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.66%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.26%