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Fidelity Freedom® 2040 Fund (FFFFX)

8.92
Net Asset Value
+0.56%
1 Day
+1.48%
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+1.72% 3 years+6.12%
3 months+7.38% 5 years+5.30%
1 year-4.68% Since inception+2.86%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+5.30%+5.71%
Expense ratio0.75%0.96%
Risk 5 year sharpe ratio0.530.54
Net assets$6.4B$1.6B
Average market cap$29.6B$33.0B
Average P/E17.217.1
Portfolio turnover17%17%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock60.50%
International stock30.24%
Fixed income5.02%
Cash3.88%
Other0.37%
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 Fund9.52%
FIGSX Fidelity® Series International Growth Fund9.07%
FINVX Fidelity® Series International Value Fund8.94%
FCGSX Fidelity® Series Growth Company Fund8.87%
FEMSX Fidelity® Series Emerging Markets Fund8.85%
FSAEX Fidelity® Series All-Sector Equity Fund7.39%
FGLGX Fidelity® Series Growth & Income Fund7.37%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.29%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.39%
FSBDX Fidelity® Series Blue Chip Growth Fund5.06%

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