Fidelity Freedom Index 2065 Instl Prem (FFIKX)
| Fund Assets | 3.46B |
| Expense Ratio | 0.09% |
| Min. Investment | $5,000,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.72% |
| Dividend Growth | 14.80% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 16.52 |
| YTD Return | 14.61% |
| 1-Year Return | 14.97% |
| 5-Year Return | 66.09% |
| 52-Week Low | 13.17 |
| 52-Week High | 16.78 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Jun 28, 2019 |
About FFIKX
Fidelity Freedom Index 2065 Fund Institutional Premium Class is a target-date mutual fund designed primarily for investors anticipating retirement around the year 2065. Its main function is to offer a diversified, automated investment solution that adjusts its asset mix over time—starting with a higher allocation to equities and gradually shifting towards more conservative fixed-income investments as the target retirement date nears. This glide path is intended to balance growth potential for younger investors with risk reduction as retirement approaches. The fund predominantly invests in a combination of Fidelity domestic equity, international equity, and bond index funds, providing broad market exposure across geographies and asset classes. The Institutional Premium Class is structured to deliver low expenses, making it an efficient option for institutional and larger investors, with an expense ratio of 0.08%. As part of the broader Fidelity Freedom Index suite, the fund leverages Fidelity’s asset allocation expertise and index-driven investment approach to target a high total return during the accumulation phase, then shifts towards prioritizing income in retirement. Within the financial market, this fund serves as a core retirement solution, simplifying long-term investing for those seeking a hands-off approach to accumulation and decumulation strategies across an extended time horizon.
Performance
FFIKX had a total return of 14.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.82%.
Top 10 Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index | FCFMX | 54.50% |
| Fidelity Series Global ex US Index | FSGEX | 35.73% |
| Fidelity Series Long-Term Trs Bd Idx | FTLTX | 4.91% |
| Fidelity Series Bond Index | FIFZX | 3.89% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.009 | May 12, 2025 |
| Dec 30, 2024 | $0.278 | Dec 31, 2024 |
| May 10, 2024 | $0.004 | May 13, 2024 |
| Dec 28, 2023 | $0.246 | Dec 29, 2023 |
| May 12, 2023 | $0.003 | May 15, 2023 |
| Dec 29, 2022 | $0.212 | Dec 30, 2022 |