Fidelity Freedom Index 2050 Fund - Premier II Class (FAVQX)
| Fund Assets | 24.83B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 1.83% |
| Dividend Growth | 13.39% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 8, 2026 |
| Previous Close | 34.61 |
| YTD Return | 11.58% |
| 1-Year Return | 26.95% |
| 5-Year Return | n/a |
| 52-Week Low | 27.57 |
| 52-Week High | 34.72 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About FAVQX
The Fidelity Freedom Index 2050 Fund is a target-date mutual fund tailored for individuals planning to retire around the year 2050. Its primary function is to provide a high total return through broad diversification and strategic asset allocation that evolves as the target date approaches. The fund invests mainly in a mix of Fidelity domestic and international equity funds, bond funds, and short-term funds, each designed to track the performance of specific market indices. As a target-date fund, it features a "glide path" strategy: the asset allocation gradually shifts from a more aggressive, growth-oriented mix during the early years to a more conservative, income-focused composition as the retirement date nears. This transition aims to balance long-term growth potential with risk management as investors age. After reaching the target retirement year, the fund’s emphasis changes to seeking high current income, with capital appreciation as a secondary goal. The Fidelity Freedom Index 2050 Fund plays a significant role in retirement planning by offering a diversified, automated investment solution for individuals seeking to simplify their approach to long-term savings and investment management.
Performance
FAVQX had a total return of 26.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.52%.
Top Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Concord Street Trust - Fidelity Series Total Market Index Fund | n/a | 55.29% |
| Fidelity Series Global ex U.S. Index Fund | FSGEX | 35.49% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 5.12% |
| Fidelity Series Bond Index Fund | FIFZX | 2.97% |
| Fidelity Series International Developed Markets Bond Index Fund | FSTQX | 1.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 8, 2026 | $0.027 | May 11, 2026 |
| Dec 30, 2025 | $0.608 | Dec 31, 2025 |
| May 9, 2025 | $0.029 | May 12, 2025 |
| Dec 30, 2024 | $0.531 | Dec 31, 2024 |