The Fidelity Freedom target-date series benefits from a collaborative asset-allocation team employing a research-driven approach. The underlying funds across both equity and fixed income are compelling individually, and a boon to the series in combination. The series earns a Morningstar Analyst Rating of Silver for its two cheapest share classes, while its most expensive share class earns a Bronze.
Fidelity Freedom® 2010 FFFCX
NAV / 1-Day Return
16.40
/
0.00
Total Assets
5.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.510%
Expense Ratio
0.510%
Fee Level
Above Average
Longest Manager Tenure
9.67
years
Category
Target-Date 2000-2010
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.13%
Turnover
18%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FFFCX 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 FFFCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FFFCX 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 FFFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A robust team and underlying funds helps this series stand out.
