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Fidelity Freedom® Index 2040 Instl Prem FFIZX

Analyst rating as of
NAV / 1-Day Return
23.31  /  1.31 %
Total Assets
13.8 Bil
Adj. Expense Ratio
0.080%
Expense Ratio
0.080%
Fee Level
Low
Longest Manager Tenure
12.16 years
Category
Target-Date 2040
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
High / Extensive
Status
Open
TTM Yield
1.26%
Turnover
20%
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Morningstar’s Analysis

Will FFIZX outperform in future?

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

Strategic Asset Allocation Updates Coming to the Fidelity Freedom Index Target-Date Series

Analyst Note

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Fidelity announced upcoming changes to the Fidelity Freedom Index target-date series’ strategic asset allocation on July 13, 2021. The changes focus on the series’ fixed-income exposure and build on the asset-allocation team’s prior adjustments implemented in 2018 and 2019 to improve diversification across the glide path. This glide path update does not affect our current ratings.

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