The Fidelity Advisor Freedom target-date series benefits from a robust asset-allocation team and research-intensive approach. A few underlying funds in this series differ from its sibling, Fidelity Freedom, but the lineup is stout, and the entire package stands as a compelling option for retirement savers. It earns a People rating of High, up from Above Average, driving upgrades to the Z6 and I share classes to Silver and Bronze, respectively. The Z shares remain Bronze and pricier A, C, and M shares remain Neutral.
Fidelity Advisor Freedom® 2005 I FFIVX
NAV / 1-Day Return
11.42
/
0.17
%
Total Assets
152.2 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
10.57
years
Category
Target-Date 2000-2010
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
2.33%
Turnover
31%
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 across the glide path.
