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Fidelity Freedom® 2040 (FFFFX)

9.05
Net Asset Value
+0.22%
1 Day
-3.10%
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-4.64% 3 years+9.46%
3 months-6.60% 5 years+10.36%
1 year-0.95% Since inception+3.37%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+10.36%+11.62%
Expense ratio0.75%1.01%
Risk 5 year sharpe ratio0.960.94
Net assets$7.0B$1.6B
Average market cap$31.6B$33.9B
Average P/E18.418.3
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. stock60.98%
International stock30.15%
Fixed income5.18%
Cash3.26%
Other0.43%
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 Fund9.64%
FIGSX Fidelity® Series International Growth Fund8.94%
FINVX Fidelity® Series International Value Fund8.86%
FCGSX Fidelity® Series Growth Company Fund8.66%
FEMSX Fidelity® Series Emerging Markets7.99%
FGLGX Fidelity® Series Growth & Income Fund7.40%
FSAEX Fidelity® Series All-Sector Equity7.39%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.40%
FSBDX Fidelity® Series Blue Chip Growth Fund5.82%
FDMLX Fidelity® Series Intrinsic Opportunities Fund4.99%

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