Fidelity Freedom Index 2045 Premier (FQIPX)
| Fund Assets | 24.11B |
| Expense Ratio | 0.05% |
| Min. Investment | $5,000,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 1.90% |
| Dividend Growth | 18.94% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 29.22 |
| YTD Return | 14.62% |
| 1-Year Return | 17.25% |
| 5-Year Return | 69.55% |
| 52-Week Low | 23.30 |
| 52-Week High | 29.67 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Jun 24, 2020 |
About FQIPX
Fidelity Freedom Index 2045 Fund Premier Class is a target-date mutual fund tailored for investors planning to retire around the year 2045. Its primary purpose is to seek a high total return through a diversified portfolio that automatically reallocates its assets over time as the target retirement date approaches. The fund invests in a blend of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds, each designed to match the performance of specific market indices. As retirement nears, the portfolio transitions from a growth-oriented allocation—dominated by equities—toward a more conservative mix with increased exposure to bonds and short-term securities, aiming to reduce risk and pursue income. Notable features include a low expense ratio, semi-annual income distributions, and an asset allocation strategy that is periodically adjusted to provide broad market exposure while aligning with retirement timelines. The fund’s role in the financial market is to offer a cost-effective, professionally managed solution for investors seeking a long-term, hands-off retirement investment that automatically adapts as their needs evolve.
Performance
FQIPX had a total return of 17.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.95%.
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 | $0.035 | May 12, 2025 |
| Dec 30, 2024 | $0.524 | Dec 31, 2024 |
| May 10, 2024 | $0.013 | May 13, 2024 |
| Dec 28, 2023 | $0.457 | Dec 29, 2023 |
| May 12, 2023 | $0.007 | May 15, 2023 |
| Dec 29, 2022 | $0.394 | Dec 30, 2022 |