Fidelity Advisor Freedom 2035 Fund® Institutional Class (FITHX)

13.50
Net Asset Value
+1.50%
1 Day
+0.37%
Year-to-Date
Overall Morningstar Rating
Target date 2031-2035
Style or Category
No Load
Sales Expenses
0.78%
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 2035).

Performance

1 month-5.34% 3 years+12.19%
3 months-4.73% 5 years+9.22%
1 year+3.97% Since inception+6.41%
Data through --

Peer Comparisonvs. Target date 2031-2035

 FITHXCategory
Performance 5-yr return+9.22%+10.69%
Expense ratio0.78%0.99%
Risk 5 year sharpe ratio0.860.87
Net assets$2.3B$1.6B
Average market cap$32.9B$34.4B
Average P/E18.418.1
Portfolio turnover48%48%

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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

Holdings

U.S. stock60.99%
International stock27.63%
Fixed income7.23%
Cash3.47%
Other0.68%
Top 5 Sectors
Portfolio weighting
Financial service 19.56%
Industrial materials 15.25%
Energy 11.21%
Consumer goods 10.37%
Healthcare 10.34%
Top 10 Holdings
Portfolio weighting
FLMLX Fidelity Advisor® Ser Equity-Income11.48%
FIGSX Fidelity® Series International Growth9.21%
FINVX Fidelity® Series International Value9.21%
FMALX Fidelity Advisor® Series Growth & Income7.88%
FSAEX Fidelity® Series All-Sector Equity7.80%
FMMLX Fidelity Advisor® Ser Stk Sel Lg Cp Val7.63%
FEMSX Fidelity® Series Emerging Markets6.38%
FMFMX Fidelity Advisor® Series Equity Gr6.10%
FAOFX Fidelity Advisor® Series Growth Opps5.47%
FAMGX Fidelity Advisor® Ser Oppc Insights5.27%

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