Fidelity Freedom® 2040 (FFFFX)

9.87
Net Asset Value
+0.20%
1 Day
+5.67%
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+2.28% 3 years+11.80%
3 months+6.95% 5 years+9.86%
1 year+10.21% Since inception+3.32%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+9.86%+9.56%
Expense ratio0.78%1.03%
Risk 5 year sharpe ratio0.800.82
Net assets$6.9B$1.5B
Average market cap$32.3B$33.5B
Average P/E18.918.5
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. stock61.06%
International stock28.71%
Fixed income6.05%
Cash3.49%
Other0.68%
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 Fund9.51%
FIGSX Fidelity® Series International Growth Fund9.01%
FINVX Fidelity® Series International Value Fund8.71%
FCGSX Fidelity® Series Growth Company Fund8.57%
FSAEX Fidelity® Series All-Sector Equity7.44%
FGLGX Fidelity® Series Growth & Income Fund7.40%
FEMSX Fidelity® Series Emerging Markets7.00%
FSBDX Fidelity® Series Blue Chip Growth Fund6.60%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.39%
FVWSX Fidelity® Series Opportunistic Insights Fund4.93%

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