Morningstar

Fidelity Freedom Index 2040 Fund - Institutional Premium Class FFIZX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $31.82  /  +0.60 %
  • Fund Size $35.5B
  • Adjusted Expense Ratio 0.080%
  • Net Expense Ratio 0.080%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Target-Date 2040
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) High/Extensive
  • Investment Status Open
  • TTM Yield 1.94%
  • Turnover Ratio 13%
NAV and 1-Day Return as of

Morningstar’s Analysis FFIZX

Will FFIZX outperform in the 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 FFIZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FFIZX 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 FFIZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity’s formidable retirement engine at an affordable price.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

Well-resourced teams at Fidelity leave no stone unturned as they follow their measured, research-intensive process for the Fidelity Freedom Index target-date series.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings FFIZX

More FFIZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Series Total Market Index

47.76 17B
—

Fidelity Series Global ex US Index

31.71 11B
—

Fidelity Series Bond Index

12.93 5B
—

Fidelity Series Long-Term Trs Bd Idx

4.41 2B
—

Fidelity Series Intl Dev Mkts Bd Idx

3.14 1B
—

Cash

0.05 19M
Cash and Equivalents

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