Morningstar

Fidelity Freedom 2040 Fund - Premier Class FFPDX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 14.37  /  +0.70 %
  • Total Assets 35.7B
  • Adj. Expense Ratio
    0.370%
  • Expense Ratio 0.370%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Extensive
  • Status Open
  • TTM Yield —
  • Turnover 13%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FFPDX

Will FFPDX outperform in the 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 FFPDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

This robust target-date series recently underwent changes.

Analyst Mahi Roy

Mahi Roy

Analyst

Summary

Updates to the Fidelity Freedom and Advisor Freedom target-date funds continue to keep them as strong choices for retirement savers.

by Mahi Roy
Rated on Published on

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Portfolio Holdings FFPDX

More FFPDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 70.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Series Emerging Markets Opps

10.18 4B
—

Fidelity Series Large Cap Stock

9.50 3B
—

Fidelity Series Growth Company

9.27 3B
—

Fidelity Series Overseas

6.65 2B
—

Fidelity Series International Growth

6.57 2B
—

Fidelity Series International Value

6.57 2B
—

Fidelity Series Stk Selec Lg Cp Val

5.94 2B
—

Fidelity Series Value Discovery

5.46 2B
—

Fidelity Series Investment Grade Bond

5.37 2B
—

Fidelity Series Opportunistic Insights

5.30 2B
—

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