Fidelity Freedom® 2040 (FFFFX)

9.59
Net Asset Value
-0.42%
1 Day
+2.68%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
0.78%
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-1.44% 3 years+10.49%
3 months+1.61% 5 years+9.71%
1 year+8.65% Since inception+3.40%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+9.71%+9.83%
Expense ratio0.78%1.03%
Risk 5 year sharpe ratio0.890.91
Net assets$7.0B$1.5B
Average market cap$31.3B$33.0B
Average P/E18.317.8
Portfolio turnover49%49%

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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$500.00

Holdings

U.S. stock60.76%
International stock28.81%
Fixed income6.23%
Cash3.47%
Other0.73%
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 Fund9.50%
FIGSX Fidelity® Series International Growth Fund8.96%
FINVX Fidelity® Series International Value Fund8.71%
FCGSX Fidelity® Series Growth Company Fund8.49%
FSAEX Fidelity® Series All-Sector Equity7.39%
FGLGX Fidelity® Series Growth & Income Fund7.28%
FEMSX Fidelity® Series Emerging Markets7.17%
FSBDX Fidelity® Series Blue Chip Growth Fund6.54%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.38%
FVWSX Fidelity® Series Opportunistic Insights Fund4.88%

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