Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity Advisor Freedom® 2040 Fund Class I (FIFFX)

13.33
Net Asset Value
-0.74%
1 Day
-0.22%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
0.76%
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).

Performance

1 month+0.30% 3 years+4.99%
3 months+7.07% 5 years+5.25%
1 year-5.87% Since inception+6.22%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FIFFXCategory
Performance 5-yr return+5.25%+5.71%
Expense ratio0.76%0.96%
Risk 5 year sharpe ratio0.520.54
Net assets$2.0B$1.6B
Average market cap$32.9B$33.0B
Average P/E17.717.1
Portfolio turnover24%24%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

U.S. stock61.51%
International stock28.76%
Fixed income5.03%
Cash4.33%
Other0.37%
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 Fund11.56%
FIGSX Fidelity® Series International Growth Fund9.07%
FINVX Fidelity® Series International Value Fund8.93%
FEMSX Fidelity® Series Emerging Markets Fund8.88%
FMALX Fidelity Advisor® Series Growth & Income Fund7.98%
FMMLX Fidelity Advisor® Series Stock Selector Large Cap Value Fund7.78%
FSAEX Fidelity® Series All-Sector Equity Fund7.72%
FMFMX Fidelity Advisor® Series Equity Growth Fund6.30%
FAMGX Fidelity Advisor® Series Opportunistic Insights Fund5.95%
FAOFX Fidelity Advisor® Series Growth Opportunities Fund4.15%

Partner Offers