Address And Details

82 Devonshire St , Boston, MA 02109
Fund Manager Andrew Dierdorf
Manager Tenure 10 Years 3 Months

Strategy And Objective

The Fund seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. Investing primarily in a combination of Fidelity domestic equity funds, international equity funds, bond funds, and short term funds (underlying Fidelity funds). 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 Advisor Freedom Income Fund, approximately 10 to 19 years after the year 2050. Fidelity Management & Research Company LLC (the Adviser) may modify the funds 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 location percentages may not add to 100% due to rounding.

Net Asset Value

as of 5:28 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.63%
  • 1 Month
  • +0.99%
  • 3 Months
  • +1.93%
  • 1 Yr Return
  • +21.71%
  • 5 Yr Return
  • +37.45%

Equity Sector Breakdown

Finance 99.42%
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 99.42%
Stocks 0.58%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 547.02 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -1.76 -1.71 -3.18
Beta 0.89 0.88 0.91
R Squared 0.94 0.93 0.93
Std Deviation 17.06 13.70 12.65
Sharpe Ratio 0.85 1.01 n/a

Purchase Information

as of 5:17 PM ET 09/16/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

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
  • +29.63%
  • +39.50%
+29.63% +39.50%
3 Year
  • +14.17%
  • +14.62%
+14.17% +14.62%
10 Year
  • +11.23%
  • +10.13%
+11.23% +10.13%
Life Of Fund
  • +7.46%
  • +7.38%
+7.46% +7.38%

Top 10 Holdings

Symbol Company Name % Of Assets
FGLGX FIDELITY SER GROWTH & INCOME 9.94%
FIGSX FIDELITY SER INTL GROWTH FD 6.96%
FSOSX FIDELITY SER OVERSEAS FUND 6.95%
FINVX FIDELITY SER INTL VALUE FD 6.93%
FNKLX FIDELITY SER VALUE DISCOVERY 6.45%
FBLEX FIDELITY SER ST SEL LG CP VAL 6.32%
FMFMX FIDELITY ADV SERIES EQ GROWTH 6.23%
FAMGX FIDELITY SER OPP INSIGHTS 5.80%
FAOFX FIDELITY ADV SER GR OPPTY FD 4.29%
FSOPX FIDELITY SER SMALL CAP OPPTY 3.51%

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