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Morningstar

Fidelity Freedom® Index 2040 Investor FBIFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 20.30  /  0.64 %
  • Total Assets 17.0 Bil
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.120%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Extensive
  • Status Open
  • TTM Yield 1.84%
  • Turnover 12%

USD | NAV as of Oct 02, 2023 | 1-Day Return as of Oct 02, 2023, 10:17 PM GMT+0

Morningstar’s Analysis FBIFX

Will FBIFX 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 FBIFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Simple, low-cost exposure to Fidelity's retirement research engine.

Analyst Hyunmin Kim

Hyunmin Kim

Analyst

Summary

The Fidelity Freedom Index target-date series offers a simplified, cheaper version of the firm’s best thinking around retirement using well-managed index funds. All share classes earn a Morningstar Analyst Rating of Silver.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings FBIFX

More FBIFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 7
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity® Series Total Market Index

52.26
9,173,936,132
—

Fidelity® Series Global ex US Index

33.84
5,940,954,218
—

Fidelity® Series Bond Index

7.19
1,262,678,859
—

Fidelity® Series Long-Term Trs Bd Idx

4.98
874,343,090
—

Fidelity® Series Intl Dev Mkts Bd Idx

1.70
297,742,896
—

Cash Offsets For Shorts & Derivatives

0.03
4,539,081
Cash and Equivalents

Fidelity® Cash Central Fund

< 0.01
14,491
Cash and Equivalents