Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX)
| Fund Assets | 11.11B |
| Expense Ratio | 0.08% |
| Min. Investment | $5,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 1.91% |
| Dividend Growth | 18.94% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.29 |
| YTD Return | 3.62% |
| 1-Year Return | 21.31% |
| 5-Year Return | 54.97% |
| 52-Week Low | 15.96 |
| 52-Week High | 22.56 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Aug 5, 2014 |
About FFLEX
Fidelity Freedom Index 2060 Fund Institutional Premium Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2060. It primarily aims to deliver high total return until the target retirement date, after which its focus shifts to generating high current income with capital appreciation as a secondary objective. The fund achieves broad diversification by investing in a combination of underlying Fidelity® equity, international equity, bond, and short-term funds, each seeking to replicate the returns of specific market indexes. A key feature of this fund is its dynamic asset allocation strategy, which gradually shifts from a higher concentration in equities toward a more conservative mix as the target date approaches. This glide path intends to balance growth potential for younger investors with increased stability as retirement nears. The Institutional Premium Class distinguishes itself with a low expense ratio, making it cost-effective for large institutional investors. The fund’s holdings offer significant exposure to both U.S. and international markets, with a smaller allocation to fixed income and minimal cash holdings. Its design and management leverage Fidelity’s extensive research and index investing expertise, positioning it as a core long-term component in retirement planning for institutions and individuals targeting distant retirement horizons.
Performance
FFLEX had a total return of 21.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.91%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index Fund | FCFMX | 54.21% |
| Fidelity Series Global ex U.S. Index Fund | FSGEX | 37.16% |
| Fidelity Series Long-Term Treasury Bond Index Fund | FTLTX | 4.82% |
| Fidelity Series Bond Index Fund | FIFZX | 3.00% |
| Fidelity Series Intl Dev Mkts Bd Idx | FSTQX | 0.78% |
| Cash | n/a | 0.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.411 | Dec 31, 2025 |
| May 9, 2025 | $0.016 | May 12, 2025 |
| Dec 30, 2024 | $0.351 | Dec 31, 2024 |
| May 10, 2024 | $0.008 | May 13, 2024 |
| Dec 28, 2023 | $0.311 | Dec 29, 2023 |
| May 12, 2023 | $0.003 | May 15, 2023 |