Address And Details

82 Devonshire St , Boston, MA 02109
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks high total return until its target retirement date. Thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation.The fund seeks high total return until its target retirement date. Thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation.Investing primarily in a combination of Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds), some of which are actively managed and others of which are passively managed,meaning they seek to provide investment results that correspond to the total return of a specific index.Allocating assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Blend Income Fund, approximately 10 to 19 years after the year 2060. Fidelity Management & Research Company LLC (the Adviser) may modify the fund s neutral asset allocations from time to time when in the interests of shareholders.Buying and selling futures contracts (both long and short positions) in an effort to manage cash flows efficiently, remain fully invested, or facilitate asset allocation.The neutral asset allocation shown in the glide path depicts the allocation to domestic equity funds, international equity funds,bond funds (including investment grade debt, inflation-protected debt, and long-term treasury debt), and short-term funds.The Adviser, under normal market conditions, will make investments that are consistent with seeking high total return for several years beyond the fund's target retirement date in an effort to achieve the fund's overall investment objective.As of April 1, 2020, the fund's neutral asset allocation to underlying Fidelity funds and futures was approximately:Domestic Equity Funds 54% International Equity Funds 36% Investment Grade Bond Funds 7% Long-Term Treasury Bond Funds 3% Inflation-Protected Bond Funds 0% Short-Term Funds 0% The Adviser may change these percentages over time. As a result of the active asset allocation strategy (discussed below),actual allocations may differ from the neutral allocations above. The allocation percentages may not add to 100% due to rounding.The Adviser, under normal market conditions, will use an active asset allocation strategy to increase or decrease asset class exposures relative to the neutral asset allocations reflected above by up to 10% for equity funds, bond funds and short-term funds to reflect the Adviser's market outlook, which is primarily focused on the intermediate term. The asset allocations in the glide path and pie chart above are referred to as neutral because they do not reflect any decisions made by the Adviser to overweight or underweight an asset class.The Adviser may also make active asset allocations within other asset classes (such as commodities, high yield debt (also referred to as junk bonds), floating rate debt, real estate debt, international debt, and emerging markets debt) from 0% to 10%of the funds total assets individually, but no more than 25% in aggregate within those other asset classes. Such asset classes are not reflected in the neutral asset allocations reflected in the glide path and pie chart above.Designed for investors who anticipate retiring in or within a few years of 2060 (target retirement date) at or around age 65.

Net Asset Value

as of 5:13 PM ET 09/24/2021


  • 1 Week
  • +0.06%
  • 1 Month
  • -0.47%
  • 3 Months
  • +1.38%
  • 1 Yr Return
  • +28.99%
  • 5 Yr Return
  • +61.35%

Equity Sector Breakdown

Finance 100.01%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 100.01%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Stocks -0.01%
Total Net Assets 467.71 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -1.87 -1.59 n/a
Beta 0.88 0.87 n/a
R Squared 0.97 0.96 n/a
Std Deviation 16.52 13.26 n/a
Sharpe Ratio 0.86 1.03 n/a

Purchase Information

as of 5:22 PM ET 09/23/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +26.23%
  • +35.54%
+26.23% +35.54%
3 Year
  • +13.85%
  • +14.48%
+13.85% +14.48%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +10.82%
  • +10.68%
+10.82% +10.68%

Top 10 Holdings

Symbol Company Name % Of Assets

Recent Articles from TheStreet

Rolls-Royce Says Business as Usual After Brexit Vote Despite Prior Warnings

Rolls-Royce Beats Raytheon To $2.6 Billion B-52 Engine Contract With U.S. Air Force

British engineering group Rolls-Royce will make new engines for the USAF's B-52 Stratofortress bomber at its U.S. manufacturing base in Indianapolis.

Wall Street Lead

Stocks Mixed, Oil Leaps, Pelosi Gambles and Germany Votes - 5 Things You Must Know

Stock futures mixed amid energy rally, Pelosi sets Thursday vote on $1 trillion infrastructure bill; Oil prices hit 3-year high near $80 a barrel; Germany elections fail to deliver Merkel's successor; Wall Street week ahead.

China Power Firms Suspend Publication Of Coal Data, Frustrating Analysis Of Industrial Production

Jim Cramer's Read on Industrial Production

Latest data remains encouraging for economy.

United Airlines

United Airlines Faces Department of Transportation Fine

United Airlines faces a $1.9 million fine from the Department of Transportation for violating federal statutes and a DOT rule prohibiting long tarmac delays.

NYSE Trader Lead

Jim Cramer IDs an Underappreciated Investing Rule

It's not enough to just identify stocks you want to own.

Home Construction, and Regional and Community Bank ETFs Reflect a Healthy Housing Market

Jim Cramer Says Latest Housing Data is Mixed for Millenials

There are signs more rental units are being built, but single family dwellings are still tight.

Closing Bell: Rite Aid Spikes on FTC Negotiations; U.S. Stocks Fall

Rite Aid Teams With Uber Eats for Nationwide On-Demand Delivery

Rite Aid expands its on-demand delivery options, adding a partnership with Uber Technologies to deliver products nationwide through Uber Eats.