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Address And Details

82 Devonshire St , Boston, MA 02109
Fund Manager Brett Sumsion
Manager Tenure 4 Years 6 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 2060.FMR Co.,Inc.(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 Adviser may continue to seek 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 March 31, 2019,the fund's neutral asset allocation to underlying Fidelity funds and futures was approximately:Information to be provided in a subsequent amendment 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 may use an active asset allocation strategy to increase or decrease neutral asset class exposures 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.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 5:25 PM ET 12/03/2021

Performance

  • 1 Week
  • -3.92%
  • 1 Month
  • -4.28%
  • 3 Months
  • -3.00%
  • 1 Yr Return
  • +9.99%
  • 5 Yr Return
  • n/a

Equity Sector Breakdown

Finance 99.40%
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 99.40%
Stocks 0.60%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 652.63 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.67 n/a n/a
Beta 0.87 n/a n/a
R Squared 0.93 n/a n/a
Std Deviation 16.60 n/a n/a
Sharpe Ratio 1.10 n/a n/a

Purchase Information

as of 5:23 PM ET 12/02/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +19.24%
  • +29.59%
+19.24% +29.59%
3 Year
  • +16.39%
  • +13.28%
+16.39% +13.28%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +12.46%
  • +12.59%
+12.46% +12.59%

Top 10 Holdings

Symbol Company Name % Of Assets
FDMLX FIDELITY SER INTRINSIC OPP FD 8.12%
FCGSX FIDELITY SER GROWTH COMPANY F 7.86%
FGLGX FIDELITY SER GROWTH & INCOME 7.07%
FIGSX FIDELITY SER INTL GROWTH FD 6.96%
FSOSX FIDELITY SER OVERSEAS FUND 6.94%
FINVX FIDELITY SER INTL VALUE FD 6.93%
FBLEX FIDELITY SER ST SEL LG CP VAL 6.00%
FNKLX FIDELITY SER VALUE DISCOVERY 4.60%
FAMGX FIDELITY SER OPP INSIGHTS 4.06%
FSBDX FIDELITY SER BLUE CHIP GR FD 3.09%

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