The Fidelity Advisor Freedom target-date series benefits from a collaborative asset-allocation team employing a research-driven approach, and quality lineup of underlying funds. However, negative differences between it and sibling, Fidelity Freedom, alongside relatively higher fees, drive its lower ratings. This series earns a Morningstar Analyst Rating of Bronze for its two cheapest share classes, while its more-expensive shares continue to hold Neutral ratings.
Fidelity Advisor Freedom® 2005 I FFIVX
NAV / 1-Day Return
12.15
/
0.08
%
Total Assets
165.0 Mil
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.
0.470%
Expense Ratio
0.470%
Fee Level
High
Longest Manager Tenure
9.68
years
Category
Target-Date 2000-2010
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.16%
Turnover
28%
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 FFIVX 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 FFIVX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FFIVX 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 FFIVX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Appealing, but less-so than the Fidelity Freedom series.
