- ISIN
- US3157922002
- Issuer
- Fidelity
- Inception Date
- Jul 24, 2003
- Category
- Target Retirement Date
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FAFAX Performance Chart
Fidelity Advisor Freedom Income Fund Class A (FAFAX) is up 4.7% since the beginning of the year. FAFAX is currently trading at $11 per share. Investors who bought $1,000 worth of FAFAX shares 5 years ago would now be looking at an investment worth $1,151.
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Returns By Period
Fidelity Advisor Freedom Income Fund Class A (FAFAX) has returned 4.69% so far this year and 10.27% over the past 12 months. Over the last ten years, FAFAX has returned 4.16% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor Freedom Income Fund Class A
- 1D
- 0.63%
- 1M
- 1.20%
- YTD
- 4.69%
- 6M
- 4.78%
- 1Y
- 10.27%
- 3Y*
- 7.40%
- 5Y*
- 2.86%
- 10Y*
- 4.16%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FAFAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 8, 2003, FAFAX's average daily return is +0.01%, while the average monthly return is +0.31%. At this rate, an investment would double in approximately 18.7 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Oct 2008 at -6.8%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FAFAX closed higher 45% of trading days. The best single day was Oct 13, 2008 with a return of +2.3%, while the worst single day was Jul 24, 2003 at -3.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.31% | 1.64% | -2.64% | 2.90% | 1.09% | 0.38% | 4.69% | ||||||
| 2025 | 1.30% | 1.28% | -0.47% | 0.68% | 0.81% | 1.90% | 0.02% | 1.35% | 1.30% | 0.69% | 0.34% | 0.18% | 9.76% |
| 2024 | -0.10% | 0.07% | 1.35% | -2.06% | 1.94% | 0.85% | 1.68% | 1.47% | 1.34% | -2.02% | 1.24% | -1.68% | 4.04% |
| 2023 | 3.60% | -2.18% | 2.07% | 0.55% | -0.98% | 0.85% | 0.77% | -0.99% | -2.22% | -1.41% | 4.35% | 3.44% | 7.83% |
| 2022 | -1.86% | -1.16% | -1.28% | -3.48% | 0.28% | -3.20% | 2.69% | -2.30% | -4.96% | 0.40% | 4.08% | -1.20% | -11.67% |
| 2021 | 0.00% | -0.08% | -0.35% | 1.39% | 0.62% | 0.62% | 0.62% | 0.37% | -1.16% | 1.05% | -0.76% | 0.59% | 2.92% |
Benchmark Metrics
Fidelity Advisor Freedom Income Fund Class A has an annualized alpha of 1.72%, beta of 0.19, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 08, 2003.
- This fund participated in 28.34% of S&P 500 Index downside but only 26.34% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.19 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.72%
- Beta
- 0.19
- R²
- 0.60
- Upside Capture
- 26.34%
- Downside Capture
- 28.34%
Expense Ratio
FAFAX has an expense ratio of 0.72%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAFAX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class A (FAFAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAFAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 2.78 | -0.02 |
| Martin ratioReturn relative to average drawdown | 11.75 | 12.44 | -0.69 |
Dividends
Dividend History
Fidelity Advisor Freedom Income Fund Class A provided a 2.71% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.31 | $0.29 | $0.26 | $0.54 | $0.57 | $0.42 | $0.39 | $0.56 | $0.35 | $0.31 | $0.30 |
Dividend yield | 2.71% | 2.93% | 2.88% | 2.66% | 5.70% | 5.06% | 3.60% | 3.52% | 5.39% | 3.13% | 2.86% | 2.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Freedom Income Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.01 | $0.04 | $0.14 | $0.31 |
| 2024 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.12 | $0.29 |
| 2023 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.14 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.01 | $0.01 | $0.01 | $0.09 | $0.01 | $0.16 | $0.54 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.27 | $0.57 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Freedom Income Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Freedom Income Fund Class A was 19.07%, occurring on Mar 9, 2009. Recovery took 153 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -19.07%Mar 2009 | 1y 4mo | 7mo 9d | 1y 11moNov 2007 - Oct 2009 |
Bear market2022 | -16.11%Oct 2022 | 11mo 14d | 1y 10mo | 2y 10moNov 2021 - Sep 2024 |
COVID crash2020 | -9.83%Mar 2020 | 28d | 3mo 6d | 4mo 4dFeb 2020 - Jun 2020 |
2016 pullback2016 | -6.77%Feb 2016 | 9mo 20d | 4mo 28d | 1y 2moApr 2015 - Jul 2016 |
2011 pullback2011 | -4.46%Oct 2011 | 2mo 10d | 3mo 24d | 6mo 4dJul 2011 - Jan 2012 |
Drawdown Indicators
| FAFAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.07% | -56.78% | +37.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.73% | -9.10% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -4.95% | -18.90% | +13.95% |
Max Drawdown (5Y)Largest decline over 5 years | -16.11% | -25.43% | +9.32% |
Max Drawdown (10Y)Largest decline over 10 years | -16.11% | -33.92% | +17.81% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -10.71% | +8.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 2.03% | -1.15% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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