Fidelity Freedom 2020 Fund (FATKX)
Fund Assets | 12.99B |
Expense Ratio | 0.29% |
Min. Investment | $0.00 |
Turnover | 14.00% |
Dividend (ttm) | 0.88 |
Dividend Yield | 5.53% |
Dividend Growth | 49.91% |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | May 9, 2025 |
Previous Close | 15.87 |
YTD Return | 13.30% |
1-Year Return | 15.07% |
5-Year Return | 41.40% |
52-Week Low | 13.71 |
52-Week High | 15.87 |
Beta (5Y) | n/a |
Holdings | 44 |
Inception Date | Oct 17, 1996 |
About FATKX
Fidelity Freedom 2020 Fund Class K6 is a target-date mutual fund designed primarily for investors aiming to retire around the year 2020. Its central purpose is to provide a diversified blend of long-term growth and income by investing in a mix of underlying Fidelity equity, fixed-income, and money market funds. The fund adopts a moderate asset allocation approach that dynamically adjusts as participants near—and move through—retirement, gradually shifting from growth-oriented assets to more income-focused holdings. This structure supports asset accumulation ahead of retirement and transitions toward stability and income generation post-retirement. With a low expense ratio and semi-annual dividend payout, the fund offers accessibility and cost-efficiency, appealing especially to employer-sponsored retirement plans and institutional investors. By pooling assets across major markets and sectors, Fidelity Freedom 2020 Fund Class K6 plays a prominent role in facilitating comprehensive retirement planning for a wide range of individuals, balancing growth and risk as investor needs evolve with age.
Performance
FATKX had a total return of 15.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.15%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Symbol | Share Class | Expense Ratio |
---|---|---|
FSNOX | Class K | 0.49% |
Top 10 Holdings
70.96% of assetsName | Symbol | Weight |
---|---|---|
Fidelity Series Investment Grade Bond | FSIGX | 28.06% |
Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx | FSTDX | 6.84% |
Fidelity Series Emerging Markets Opps | FEMSX | 5.53% |
Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx | FSTZX | 5.13% |
Fidelity Series Growth Company | FCGSX | 4.81% |
Fidelity Series Large Cap Stock | FGLGX | 4.69% |
Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 4.61% |
Fidelity Series International Value | FINVX | 3.82% |
10 Year Treasury Note Future Dec 25 | n/a | 3.78% |
Fidelity Series International Growth | FIGSX | 3.69% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
May 9, 2025 | $0.354 | May 12, 2025 |
Dec 30, 2024 | $0.523 | Dec 31, 2024 |
May 10, 2024 | $0.201 | May 13, 2024 |
Dec 28, 2023 | $0.384 | Dec 29, 2023 |
May 12, 2023 | $0.026 | May 15, 2023 |
Dec 29, 2022 | $0.482 | Dec 30, 2022 |