Fidelity Freedom® 2040 (FFFFX)

9.44
Net Asset Value
-2.07%
1 Day
+1.07%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return until its target retirement date. 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+0.10% 3 years+14.31%
3 months+3.09% 5 years+11.69%
1 year+6.51% Since inception+3.46%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+11.69%+9.56%
Expense ratio0.75%1.03%
Risk 5 year sharpe ratio0.990.99
Net assets$7.0B$1.6B
Average market cap$31.5B$33.7B
Average P/E18.718.5
Portfolio turnover17%17%

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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$2,500.00

Holdings

U.S. stock60.41%
International stock30.20%
Fixed income5.38%
Cash3.29%
Other0.71%
Top 5 Sectors
Portfolio weighting
Financial service 17.80%
Industrial materials 14.48%
Consumer goods 12.75%
Energy 10.91%
Healthcare 10.25%
Top 10 Holdings
Portfolio weighting
FNKLX Fidelity® Series Equity-Income Fund9.66%
FIGSX Fidelity® Series International Growth Fund9.07%
FINVX Fidelity® Series International Value Fund8.97%
FCGSX Fidelity® Series Growth Company Fund8.62%
FEMSX Fidelity® Series Emerging Markets7.92%
FGLGX Fidelity® Series Growth & Income Fund7.42%
FSAEX Fidelity® Series All-Sector Equity7.33%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.41%
FSBDX Fidelity® Series Blue Chip Growth Fund5.82%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.01%

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