Fidelity Advisor Freedom 2040 Fund® Institutional Class (FIFFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. 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).


1 month+3.67% 3 years+11.35%
3 months+1.80% 5 years+11.11%
1 year+8.02% Since inception+6.82%
Data through --

Peer Comparisonvs. Target date 2036-2040

Performance 5-yr return+11.11%+9.83%
Expense ratio0.78%1.03%
Risk 5 year sharpe ratio0.860.88
Net assets$2.2B$1.4B
Average market cap$34.4B$32.3B
Average P/E18.417.7
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


U.S. stock62.53%
International stock27.11%
Fixed income5.58%
Top 5 Sectors
Portfolio weighting
Financial service 19.49%
Industrial materials 15.27%
Energy 11.19%
Consumer goods 10.39%
Healthcare 10.33%
Top 10 Holdings
Portfolio weighting
FLMLX Fidelity Advisor® Series Equity-Income Fund11.68%
FIGSX Fidelity® Series International Growth Fund8.76%
FINVX Fidelity® Series International Value Fund8.66%
FMALX Fidelity Advisor® Series Growth & Income Fund8.13%
FMMLX Fidelity Advisor® Series Stock Selector Large Cap Value Fund7.87%
FSAEX Fidelity® Series All-Sector Equity7.85%
FEMSX Fidelity® Series Emerging Markets7.13%
FAOFX Fidelity Advisor® Series Growth Opportunities Fund5.87%
FMFMX Fidelity Advisor® Series Equity Growth Fund5.87%
FAMGX Fidelity Advisor® Series Opportunistic Insights Fund5.43%

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