Fidelity Freedom Index 2060 Premier II (FAVUX)
| Fund Assets | 11.11B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 1.96% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.28 |
| YTD Return | 3.67% |
| 1-Year Return | 21.37% |
| 5-Year Return | n/a |
| 52-Week Low | 15.95 |
| 52-Week High | 22.55 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About FAVUX
The Fidelity Freedom Index 2060 Fund is a target-date mutual fund designed to help investors plan for retirement around the year 2060. Its core purpose is to seek high total return by investing in a diversified mix of underlying Fidelity index funds, which collectively provide exposure to U.S. and international equities, as well as various bond and short-term funds. The asset allocation is managed using a strategic glide path: the fund emphasizes growth-oriented assets, like equities, in its early years, then gradually shifts toward a more conservative mix with higher allocations to fixed income and cash as the target date approaches and passes. This adaptive strategy aims to balance growth potential with risk management across an investor’s life cycle. Ultimately, about 10 to 19 years after the target date, the fund’s allocation will mirror Fidelity’s Freedom Index Income Fund, potentially merging with it. Managed with a disciplined, rules-based approach and benefiting from Fidelity’s extensive investment research, this fund serves as a streamlined and cost-effective retirement vehicle for individuals seeking a “set-and-forget” solution for long-term retirement investing.
Performance
FAVUX had a total return of 21.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.61%.
Top Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index Fund | FCFMX | 54.01% |
| Fidelity Series Global ex U.S. Index Fund | FSGEX | 36.15% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 4.96% |
| Fidelity Series Bond Index Fund | FIFZX | 3.89% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 0.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.419 | Dec 31, 2025 |
| May 9, 2025 | $0.018 | May 12, 2025 |
| Dec 30, 2024 | $0.361 | Dec 31, 2024 |