Fidelity Freedom® 2020 Fund (FFFDX)

16.37
Net Asset Value
-0.12%
1 Day
-1.21%
Year-to-Date
Overall Morningstar Rating
Target-date 2020
Style or Category
No Load
Sales Expenses
0.61%
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+0.68% 3 years+6.31%
3 months-0.01% 5 years+7.15%
1 year+8.24% Since inception+6.84%
Data through --

Peer Comparisonvs. Target-date 2020

 FFFDXCategory
Performance 5-yr return+7.15%+5.74%
Expense ratio0.61%0.81%
Risk 5 year sharpe ratio1.020.92
Net assets$30.0B$2.5B
Average market cap$35.2B$45.2B
Average P/E17.617.8
Portfolio turnover21%21%

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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. stock32.23%
Fixed income30.71%
International stock22.37%
Cash14.21%
Other0.47%
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 Fund24.54%
FDMLX Fidelity® Series Intrinsic Opportunities Fund6.08%
FEMSX Fidelity® Series Emerging Markets Opportunities Fund6.03%
FINVX Fidelity® Series International Value Fund5.85%
FIGSX Fidelity® Series International Growth Fund5.69%
FGLGX Fidelity® Series Growth & Income Fund5.42%
FCGSX Fidelity® Series Growth Company Fund4.89%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund4.08%
FNKLX Fidelity® Series Value Discovery Fund2.92%
FVWSX Fidelity® Series Opportunistic Insights Fund2.64%