Fidelity Freedom® 2020 Fund (FFFDX)

16.46
Net Asset Value
-0.54%
1 Day
-0.66%
Year-to-Date
Overall Morningstar Rating
Target-date 2020
Style or Category
No Load
Sales Expenses
0.62%
Expense Ratio
High
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- 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 2020)).

Performance

1 month+0.80% 3 years+5.41%
3 months-4.36% 5 years+6.94%
1 year+8.64% Since inception+6.86%
Data through --

Peer Comparisonvs. Target-date 2020

 FFFDXCategory
Performance 5-yr return+6.94%+5.74%
Expense ratio0.62%0.81%
Risk 5 year sharpe ratio1.040.94
Net assets$30.0B$2.5B
Average market cap$38.1B$45.1B
Average P/E20.817.8
Portfolio turnover19%19%

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 / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock32.35%
Fixed income31.70%
International stock22.62%
Cash12.84%
Other0.49%
Top 5 Sectors
Portfolio weighting
Financial service 18.41%
Industrial materials 14.43%
Consumer goods 12.60%
Energy 10.82%
Healthcare 10.18%
Top 10 Holdings
Portfolio weighting
FSIGX Fidelity® Series Investment Grade Bond Fund25.11%
FEMSX Fidelity® Series Emerging Markets Fund6.21%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.92%
FIGSX Fidelity® Series International Growth Fund5.86%
FINVX Fidelity® Series International Value Fund5.80%
FGLGX Fidelity® Series Growth & Income Fund5.33%
FCGSX Fidelity Series Growth Company Fund4.99%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund4.11%
FNKLX Fidelity® Series Value Discovery Fund2.94%
FVWSX Fidelity® Series Opportunistic Insights Fund2.68%