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Morningstar

Fidelity Freedom Index Income Investor FIKFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 11.42  /  +0.18 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.120%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Target-Date Retirement
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Status Open
  • TTM Yield 2.88%
  • Turnover 22%

USD | NAV as of May 01, 2024 | 1-Day Return as of May 01, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FIKFX

Will FIKFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIKFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIKFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIKFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A simple, low-cost investment that benefits from Fidelity’s retirement research engine.

Analyst Hyunmin Kim

Hyunmin Kim

Analyst

Summary

Fidelity Freedom Index target-date series offers a simplified, cheaper version of the firm’s best thinking around retirement. Continued strength from the topnotch resources at the managers’ disposal also warrant a People Pillar upgrade to High from Above Average.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings FIKFX

More FIKFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Series Bond Index

42.69 598.0 Mil
—

Fidelity Srs 0-5 Yr Inf-Ptctd Bd Idx

19.88 278.5 Mil
—

Fidelity Series Total Market Index

11.68 163.7 Mil
—

Fidelity Series Treasury Bill Index

9.93 139.1 Mil
—

Fidelity Series Global ex US Index

7.77 108.8 Mil
—

Fidelity Series Intl Dev Mkts Bd Idx

4.94 69.2 Mil
—

Fidelity Series Long-Term Trs Bd Idx

2.94 41.1 Mil
—

Cash

0.17 2.4 Mil
Cash and Equivalents

Fidelity Cash Central Fund

0.00 7,936
Cash and Equivalents