Fidelity Advisor Freedom 2040 Fund - Class A (FAFFX)
| Fund Assets | 2.83B |
| Expense Ratio | 0.99% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.14 |
| Dividend Yield | 6.03% |
| Dividend Growth | 366.12% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 17.95 |
| YTD Return | 12.86% |
| 1-Year Return | 15.40% |
| 5-Year Return | 68.27% |
| 52-Week Low | 15.12 |
| 52-Week High | 17.97 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Jul 24, 2003 |
About FAFFX
Fidelity Advisor Freedom 2040 Fund Class A is a target-date mutual fund designed for individuals planning to retire around the year 2040. Its primary objective is to seek high total return, with a secondary focus on principal preservation as it approaches its target year and beyond. The fund employs a diversified investment strategy by allocating assets among a mix of underlying Fidelity-managed funds, including domestic and international equity funds, fixed-income funds, and short-term investments. This blend of asset classes is actively adjusted over time, shifting from a growth-oriented allocation in the years leading up to 2040 toward a more conservative, income-focused approach as the retirement date nears. The fund is intended to simplify retirement investing, providing professional allocation and ongoing management tailored to an investor’s anticipated time horizon. With a broad exposure across global markets and sectors, it plays a significant role in retirement planning, seeking to balance growth and risk as retirement approaches.
Performance
FAFFX had a total return of 15.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.78%.
Top 10 Holdings
67.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Large Cap Stock Fund | FGLGX | 9.57% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 8.52% |
| Fidelity Advisor Series Equity Growth Fund | FMFMX | 7.11% |
| Fidelity Series International Value Fund | FINVX | 6.94% |
| Fidelity Series Overseas Fund | FSOSX | 6.79% |
| Fidelity Series International Growth Fund | FIGSX | 6.75% |
| Fidelity Series Opportunistic Insights Fund | FVWSX | 6.14% |
| Fidelity Series Stock Selector Large Cap Value Fund | FBLEX | 5.37% |
| Fidelity Series Value Discovery Fund | FNKLX | 5.30% |
| Fidelity Advisor Series Growth Opportunities Fund | FAOFX | 5.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.779 | May 12, 2025 |
| Dec 30, 2024 | $0.363 | Dec 31, 2024 |
| May 10, 2024 | $0.070 | May 13, 2024 |
| Dec 28, 2023 | $0.175 | Dec 29, 2023 |
| Dec 29, 2022 | $0.229 | Dec 30, 2022 |
| May 13, 2022 | $1.169 | May 16, 2022 |