Fidelity Freedom® 2020 Fund (FFFDX)

16.73
Net Asset Value
+0.06%
1 Day
+0.97%
Year-to-Date
Overall Morningstar Rating
Target-date 2020
Style or Category
No Load
Sales Expenses
0.62%
Expense Ratio
Above 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- 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-1.36% 3 years+6.94%
3 months+3.08% 5 years+7.69%
1 year+12.41% Since inception+7.10%
Data through --

Peer Comparisonvs. Target-date 2020

 FFFDXCategory
Performance 5-yr return+7.69%+6.76%
Expense ratio0.62%0.82%
Risk 5 year sharpe ratio1.251.16
Net assets$31.3B$2.7B
Average market cap$36.0B$44.7B
Average P/E19.920.0
Portfolio turnover19%19%

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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. stock33.10%
Fixed income30.62%
International stock23.13%
Cash12.63%
Other0.51%
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 Fund24.26%
FEMSX Fidelity® Series Emerging Markets Fund6.43%
FIGSX Fidelity® Series International Growth Fund6.04%
FINVX Fidelity® Series International Value Fund6.03%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.92%
FGLGX Fidelity® Series Growth & Income Fund5.61%
FCGSX Fidelity® Series Growth Company Fund4.85%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund4.30%
FNKLX Fidelity® Series Value Discovery Fund3.05%
FVWSX Fidelity® Series Opportunistic Insights Fund2.67%