Fidelity Freedom Index 2065 Premier II (FAVVX)
| Fund Assets | 3.87B |
| Expense Ratio | 0.04% |
| Min. Investment | $5,000,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 1.94% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 17.73 |
| YTD Return | 1.72% |
| 1-Year Return | 22.98% |
| 5-Year Return | n/a |
| 52-Week Low | 12.91 |
| 52-Week High | 17.85 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About FAVVX
The Fidelity Freedom Index 2065 Fund – Premium Class is a target-date mutual fund designed to provide a diversified investment solution for individuals planning to retire around the year 2065. Its primary objective is to achieve high total return until the fund reaches its designated retirement year, at which point the focus shifts to seeking high current income with capital appreciation as a secondary goal. The fund primarily invests in a broad mix of underlying Fidelity index funds representing U.S. equities, international equities, bonds, and short-term investments, which ensures exposure to a range of asset classes and global markets. The fund’s asset allocation follows a strategic glide path, gradually becoming more conservative over time as the retirement target date approaches and subsequent years unfold. This approach aims to balance long-term growth in the initial years with increasing emphasis on risk reduction and income generation as retirement nears. The fund leverages Fidelity's investment research and disciplined allocation process, making it a core holding for employer-sponsored retirement plans and investors seeking a hands-off approach to retirement investing.
Performance
FAVVX had a total return of 22.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.42%.
Top 10 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 | $0.333 | Dec 31, 2025 |
| May 9, 2025 | $0.011 | May 12, 2025 |
| Dec 30, 2024 | $0.285 | Dec 31, 2024 |