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Morningstar

Fidelity Freedom® 2040 FFFFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.59  /  0.10 %
  • Total Assets 25.9 Bil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Extensive
  • Status Open
  • TTM Yield 1.92%
  • Turnover 24%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis FFFFX

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

People Pillar

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

A well-informed glide path with topnotch underlying funds throughout.

Associate Director Adam Millson

Adam Millson

Associate Director

Summary

The Fidelity Freedom target-date series’ robust asset-allocation team has driven consistent, well-researched enhancements to its glide path over time. A stable of strong underlying funds also gives this series a leg up. It earns a Morningstar Analyst Rating of Silver for its cheapest K6 share class, while its pricier shares are rated Bronze.

by Adam Millson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FFFFX

More FFFFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2
  • Other Holdings 37
  • % Assets in Top 10 Holdings 72.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity® Series Emerging Markets Opps

11.61
3,090,259,563
—

Fidelity® Series Growth Company

8.83
2,351,999,216
—

Fidelity® Series Large Cap Stock

8.30
2,210,631,870
—

Fidelity® Series International Value

7.43
1,977,965,100
—

Fidelity® Series Overseas

7.25
1,931,072,546
—

Fidelity® Series International Growth

7.23
1,925,331,612
—

Fidelity® Series Stk Selec Lg Cp Val

5.75
1,531,329,474
—

Fidelity® Series Long-Term Trs Bd Idx

5.44
1,448,101,078
—

Fidelity® Series Opportunistic Insights

5.25
1,396,572,934
—

Fidelity® Series Value Discovery

5.12
1,363,200,474
—