Fidelity Advisor Freedom 2045 K6 (FCGLX)
| Fund Assets | 2.13B |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 5.77% |
| Dividend Growth | 351.31% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 15.04 |
| YTD Return | 15.73% |
| 1-Year Return | 14.81% |
| 5-Year Return | 70.80% |
| 52-Week Low | 12.21 |
| 52-Week High | 15.04 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Jun 6, 2017 |
About FCGLX
Fidelity Advisor Freedom 2045 Fund Class K6 is a target-date mutual fund tailored for investors planning to retire around the year 2045, typically at age 65. This fund's primary objective is to achieve high total return, with a secondary focus on principal preservation as it nears and passes its target date. The fund utilizes a diversified investment strategy, allocating assets among underlying Fidelity-managed domestic and international equity funds, bond funds, and short-term funds. Its asset allocation follows a glide path that gradually becomes more conservative over time, shifting from growth-oriented investments toward fixed income and capital preservation strategies as the target retirement date approaches. This dynamic adjustment helps manage risk as participants age. The fund is part of the broader Fidelity target-date series, which is supported by a robust asset-allocation team and a lineup of strong underlying strategies. The Class K6 shares are intended for institutional investors, featuring a competitive expense ratio and a performance profile designed to suit long-term retirement savings goals. Ultimately, the fund merges with the Fidelity Freedom Income Fund approximately 10 to 19 years after its target date, further emphasizing its focus on income and preservation in retirement.
Performance
FCGLX had a total return of 14.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.45%.
Top 10 Holdings
77.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Large Cap Stock | FGLGX | 10.98% |
| Fidelity Series Emerging Markets Opps | FEMSX | 9.79% |
| Fidelity Advisor Series Equity Gr | FMFMX | 8.10% |
| Fidelity Series International Value | FINVX | 7.73% |
| Fidelity Series International Growth | FIGSX | 7.64% |
| Fidelity Series Overseas | FSOSX | 7.63% |
| Fidelity Series Opportunistic Insights | FVWSX | 7.02% |
| Fidelity Series Stock Selector Large Cap Value Fund | FBLEX | 6.19% |
| Fidelity Series Value Discovery | FNKLX | 6.18% |
| Fidelity Advisor Series Growth Opps | FAOFX | 5.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.612 | May 12, 2025 |
| Dec 30, 2024 | $0.250 | Dec 31, 2024 |
| May 10, 2024 | $0.010 | May 13, 2024 |
| Dec 28, 2023 | $0.181 | Dec 29, 2023 |
| May 12, 2023 | $0.030 | May 15, 2023 |
| Dec 29, 2022 | $0.228 | Dec 30, 2022 |