Fidelity Freedom® 2040 (FFFFX)

9.21
Net Asset Value
-0.65%
1 Day
-3.26%
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-3.56% 3 years+12.09%
3 months-4.06% 5 years+9.27%
1 year+4.48% Since inception+3.07%
Data through --

Peer Comparisonvs. Target date 2036-2040

 FFFFXCategory
Performance 5-yr return+9.27%+10.45%
Expense ratio0.78%1.05%
Risk 5 year sharpe ratio0.840.85
Net assets$6.9B$1.5B
Average market cap$30.8B$33.3B
Average P/E18.118.0
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. stock59.74%
International stock29.09%
Fixed income7.21%
Cash3.27%
Other0.69%
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-Income9.53%
FINVX Fidelity® Series International Value9.22%
FIGSX Fidelity® Series International Growth9.20%
FCGSX Fidelity® Series Growth Company7.90%
FSAEX Fidelity® Series All-Sector Equity7.49%
FGLGX Fidelity® Series Growth & Income7.29%
FSBDX Fidelity® Series Blue Chip Growth6.48%
FBLEX Fidelity® Series Stk Selec Lg Cp Val6.44%
FEMSX Fidelity® Series Emerging Markets6.39%
FSHNX Fidelity® Series High Income5.12%

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