Fidelity Advisor Freedom 2040 K6 (FKGLX)
| Fund Assets | 2.89B |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.23 |
| Dividend Yield | 6.55% |
| Dividend Growth | 294.21% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 18.76 |
| YTD Return | 17.32% |
| 1-Year Return | 21.62% |
| 5-Year Return | 78.92% |
| 52-Week Low | 15.27 |
| 52-Week High | 18.76 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Jun 6, 2017 |
About FKGLX
Fidelity Advisor Freedom 2040 Fund Class K6 is a target-date mutual fund designed primarily for investors anticipating retirement around the year 2040. As part of Fidelity’s well-regarded suite of target-date funds, it employs a diversified, actively managed asset allocation strategy that gradually shifts its mix of underlying investments—initially favoring equities to pursue growth, then increasing fixed income and more conservative assets as the target year approaches. The fund invests across a broad spectrum of Fidelity-managed domestic and international equity and bond funds, providing exposure to large-cap stocks, international markets, emerging markets, and various bond sectors. Asset allocation decisions are continually refined by a dedicated team, aiming to balance returns and risk as participants near retirement. The fund’s adaptive glide path and broad diversification seek to meet the long-term needs of retirement-focused investors, positioning it as a significant choice in the retirement and defined contribution plan market.
Performance
FKGLX had a total return of 21.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.56%.
Top 10 Holdings
70.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Large Cap Stock | FGLGX | 10.02% |
| Fidelity Series Emerging Markets Opps | FEMSX | 9.23% |
| Fidelity Advisor Series Equity Gr | FMFMX | 7.44% |
| Fidelity Series International Value | FINVX | 6.90% |
| Fidelity Series International Growth | FIGSX | 6.82% |
| Fidelity Series Overseas | FSOSX | 6.74% |
| Fidelity Series Opportunistic Insights | FVWSX | 6.38% |
| Fidelity Series Stock Selector Large Cap Value Fund | FBLEX | 5.70% |
| Fidelity Series Investment Grade Bond | FSIGX | 5.68% |
| Fidelity Series Value Discovery | FNKLX | 5.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.779 | May 12, 2025 |
| Dec 30, 2024 | $0.447 | Dec 31, 2024 |
| May 10, 2024 | $0.070 | May 13, 2024 |
| Dec 28, 2023 | $0.241 | Dec 29, 2023 |
| Dec 29, 2022 | $0.284 | Dec 30, 2022 |
| May 13, 2022 | $1.193 | May 16, 2022 |