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Fidelity Freedom® 2040 Fund (FFFFX)

9.92
Net Asset Value
0.00%
1 Day
+8.42%
Year-to-Date
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
0.77%
Expense Ratio
Above Average
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 2040)).

Performance

1 month+2.48% 3 years+7.51%
3 months+4.97% 5 years+9.35%
1 year+15.51% Since inception+3.62%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+9.35%+7.96%
Expense ratio0.77%0.91%
Risk 5 year sharpe ratio0.920.87
Net assets$7.3B$1.9B
Average market cap$32.4B$34.4B
Average P/E18.719.5
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock57.59%
International stock32.04%
Cash5.80%
Fixed income3.98%
Other0.60%
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
FEMSX Fidelity® Series Emerging Markets Fund10.13%
FNKLX Fidelity® Series Equity-Income Fund10.00%
FIGSX Fidelity® Series International Growth Fund9.33%
FINVX Fidelity® Series International Value Fund9.22%
FCGSX Fidelity® Series Growth Company Fund8.32%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund7.19%
FGLGX Fidelity® Series Growth & Income Fund7.08%
FDMLX Fidelity® Series Intrinsic Opportunities Fund6.00%
FVWSX Fidelity® Series Opportunistic Insights Fund4.66%
FSBDX Fidelity® Series Blue Chip Growth Fund4.26%