Fidelity Freedom� Income

 (MUTF:FFFAX)   Watch this mutual fund  
Find more results for MUTF:FFFAX

Performance

Trailing returns

1 day
   
-5.18%  
1 week
   
-5.09%  
4 week
   
-5.16%  
3 month
   
-3.29%  
YTD
   
-1.97%  
1 year   +0.52%
   
3 years*   +2.54%
   
5 years*   +5.20%
   
*annualized
Best 3 month return+10.02%  
Worst 3 month return-13.30%  

Morningstar statistics

Morningstar category: Target Date 2000-2010
  Return Risk Rating
3 years Below Average Low
5 years Low Low
10 years Below Average Low
Overall Below Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets829.29M 
Front load-  
Deferred load-  
Expense ratio0.49%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash20.40%  
Stocks23.32%  
Bonds55.93%  
Preferred0.29%  
Convertible0.04%  
Other0.02%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
11.72-0.64(-5.18%)
Jul 28, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high total return until its target retirement date. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2000).
Fund filings (PDF) »
Asset managers:
Andrew Dierdorf (Started: Jun 30, 2011)
Brett Sumsion (Started: Jan 21, 2014)
Advisor Company:
Strategic Advisers, Inc.
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.19 0.64 1.52 -0.22
Beta* 0.42 0.42 0.44 0.50
Mean annual return 0.62 0.37 0.56 0.37
R-squared* 91.63 92.49 92.54 92.72
Standard deviation 2.50 3.54 3.99 4.96
Sharpe ratio 2.94 1.25 1.68 0.57
* Against standard index

Top 10 holdings