Fidelity Freedom Blnd 2040 Premier (FFBTX)
| Fund Assets | 3.75B |
| Expense Ratio | 0.25% |
| Min. Investment | $1,000,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.01% |
| Dividend Growth | 80.70% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 13.75 |
| YTD Return | 10.56% |
| 1-Year Return | 14.65% |
| 5-Year Return | n/a |
| 52-Week Low | 11.28 |
| 52-Week High | 13.75 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Apr 6, 2021 |
About FFBTX
Fidelity Freedom Blend 2040 Fund - Premier Class is a target-date mutual fund designed to serve investors planning to retire around the year 2040. As an actively managed allocation fund, it leverages a blend of underlying Fidelity funds to create a diversified portfolio spanning domestic and international equities, bond funds, and short-term investments. The fund’s primary objective is to achieve high total return as it approaches its target retirement date, gradually transitioning its focus towards generating high current income and, secondarily, capital appreciation beyond 2040. Employing a dynamic asset allocation strategy known as a "glide path," the fund’s mix becomes increasingly conservative as the retirement target year nears, helping manage risk as investors age. The strategy incorporates ongoing adjustments in response to evolving market conditions and long-term capital market outlooks, aiming to ensure broad diversification and resilience across different economic regimes. Managed by Fidelity Investments, the fund benefits from the firm’s robust research resources and experienced asset allocation team, making it a vital component for retirement-focused portfolios seeking a disciplined, long-term investment approach.
Performance
FFBTX had a total return of 14.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.23%.
Top 10 Holdings
73.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Large Cap Value Index Fund | FIOOX | 12.74% |
| Fidelity Series Blue Chip Growth Fund | FSBDX | 11.24% |
| Fidelity Series Emerging Markets Opportunities Fund | FEMSX | 8.55% |
| Fidelity Series Large Cap Growth Index Fund | FHOFX | 7.12% |
| Fidelity Series Large Cap Stock Fund | FGLGX | 6.54% |
| Fidelity Series International Value Fund | FINVX | 6.19% |
| Fidelity Series Overseas Fund | FSOSX | 6.05% |
| Fidelity Series International Growth Fund | FIGSX | 6.01% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 4.56% |
| Fidelity Series Value Discovery Fund | FNKLX | 4.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.088 | May 12, 2025 |
| Dec 30, 2024 | $0.324 | Dec 31, 2024 |
| May 10, 2024 | $0.009 | May 13, 2024 |
| Dec 28, 2023 | $0.219 | Dec 29, 2023 |
| May 12, 2023 | $0.004 | May 15, 2023 |
| Dec 29, 2022 | $0.276 | Dec 30, 2022 |