Fidelity Freedom Index 2030 Premier (FMKPX)
| Fund Assets | 25.04B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 2.73% |
| Dividend Growth | 38.53% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 22.80 |
| YTD Return | 13.78% |
| 1-Year Return | 14.16% |
| 5-Year Return | 45.95% |
| 52-Week Low | 18.96 |
| 52-Week High | 22.96 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Jun 24, 2020 |
About FMKPX
Fidelity Freedom Index 2030 Fund Premier Class is a target-date mutual fund designed primarily to serve as a retirement solution for investors expecting to retire around the year 2030. The fund's core objective is to deliver a high total return leading up to its target date, at which point its focus shifts to generating high current income, with capital appreciation as a secondary goal. This fund takes a diversified approach by investing predominantly in other Fidelity index funds covering domestic and international equities, as well as a substantial allocation to bond funds and short-term investments. Its asset mix gradually becomes more conservative as the target retirement date approaches, following a systematic "glide path" to reduce risk over time. The top underlying holdings include U.S. total market equities, U.S. and international bonds, and global equities outside the U.S., collectively covering a broad spectrum of the global securities market. With a low expense ratio, the fund caters to large institutional investors through its Premier Class offering and aims to provide a simple, cost-effective retirement solution supported by Fidelity's robust asset allocation research and index tracking. In the retirement planning space, it plays a significant role as a turnkey vehicle within employer-sponsored retirement plans and other qualified accounts, supporting investors seeking long-term growth with professional asset allocation management.
Performance
FMKPX had a total return of 14.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.19%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Series Total Market Index | n/a | 34.77% |
| Fidelity Series Bond Index | n/a | 26.62% |
| Fidelity Series Global ex US Index | n/a | 23.50% |
| Fidelity Srs 5+ Yr Inf-Ptctd Bd Idx | n/a | 5.87% |
| Fidelity Series Intl Dev Mkts Bd Idx | n/a | 4.82% |
| Fidelity Series Long-Term Trs Bd Idx | n/a | 4.33% |
| Cash | n/a | 0.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 9, 2025 | $0.106 | May 12, 2025 |
| Dec 30, 2024 | $0.516 | Dec 31, 2024 |
| May 10, 2024 | $0.036 | May 13, 2024 |
| Dec 28, 2023 | $0.413 | Dec 29, 2023 |
| May 12, 2023 | $0.028 | May 15, 2023 |
| Dec 29, 2022 | $0.362 | Dec 30, 2022 |