Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX)

Fund Assets	28.50B
Expense Ratio	0.08%
Min. Investment	$5,000,000
Turnover	13.00%
Dividend (ttm)	0.61
Dividend Yield	1.91%
Dividend Growth	16.29%
Payout Frequency	Semi-Annual
Ex-Dividend Date	May 8, 2026

Previous Close	32.02
YTD Return	12.09%
1-Year Return	18.32%
5-Year Return	52.69%
52-Week Low	27.58
52-Week High	32.40
Beta (5Y)	0.88
Holdings	6
Inception Date	Oct 2, 2009

About FFIZX

Fidelity Freedom Index 2040 Fund Institutional Premium Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2040. Its primary purpose is to offer an all-in-one, diversified investment solution that automatically adjusts its asset allocation over time. Early in the lifecycle, the fund predominantly allocates assets to equities, targeting growth to build wealth. As the 2040 target date approaches, the portfolio gradually shifts towards fixed income and more conservative investments, with the goal of reducing risk and providing greater stability as investors near retirement. Notable features include broad diversification across both domestic and international equities and bonds, achieved primarily through underlying index funds such as Fidelity Series Total Market Index and Fidelity Series Global ex US Index, which together make up the majority of the portfolio. The fund offers a low expense ratio, reflecting its index-based strategy and a commitment to cost efficiency. In the broader financial market, this fund plays a key role for individuals seeking a hands-off approach to retirement investing, leveraging Fidelity's research-driven methodology and disciplined glide path to balance risk and return throughout the investment horizon.

• Fund Family: Fidelity
• Category: Target-Date 2040
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FFIZX
• Share Class: Institutional Premium Class
• Index: S&P 500 TR

Performance

FFIZX had a total return of 18.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.33%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FAVOX	Premier Ii Class	0.04%
FPIPX	Premier Class	0.05%
FBIFX	Investor Class	0.12%

Top Holdings

Name	Symbol	Weight
Fidelity Series Total Market Index Fund	FCFMX	47.49%
Fidelity Series Global ex U.S. Index Fund	FSGEX	31.90%
Fidelity Series Bond Index Fund	FIFZX	12.83%
Fidelity Series Long-Term Treasury Bond Index Fund	FTLTX	4.62%
Fidelity Series Intl Dev Mkts Bd Idx	FSTQX	3.11%
Cash	n/a	0.05%

Dividend History

Ex-Dividend	Amount	Pay Date
May 8, 2026	$0.111	May 11, 2026
Dec 30, 2025	$0.603	Dec 31, 2025
May 9, 2025	$0.083	May 12, 2025
Dec 30, 2024	$0.515	Dec 31, 2024
May 10, 2024	$0.035	May 13, 2024
Dec 28, 2023	$0.436	Dec 29, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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