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Fidelity Advisor Freedom Income Fund Class C (FCAF...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3157924081
Issuer
Fidelity
Inception Date
Jul 24, 2003
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Freedom Income Fund Class C, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Advisor Freedom Income Fund Class C (FCAFX) has returned -0.80% so far this year and 6.05% over the past 12 months. Over the last ten years, FCAFX has returned 3.02% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity Advisor Freedom Income Fund Class C

1D
0.29%
1M
-3.56%
YTD
-0.80%
6M
0.15%
1Y
6.05%
3Y*
4.99%
5Y*
1.50%
10Y*
3.02%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 8, 2003, FCAFX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, your investment would double in approximately 25.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +4.3%, while the worst month was Oct 2008 at -6.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FCAFX closed higher 44% of trading days. The best single day was Oct 13, 2008 with a return of +2.4%, while the worst single day was Jul 24, 2003 at -3.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.23%1.62%-3.56%-0.80%
20251.21%1.29%-0.53%0.63%0.76%1.85%-0.03%1.31%1.24%0.64%0.27%0.04%9.01%
2024-0.20%0.04%1.19%-2.04%1.79%0.79%1.74%1.33%1.38%-2.10%1.09%-1.74%3.20%
20233.63%-2.24%1.92%0.59%-1.15%0.79%0.72%-1.06%-2.20%-1.60%4.33%3.43%7.08%
2022-1.87%-1.18%-1.38%-3.54%0.23%-3.16%2.56%-2.39%-4.97%0.22%4.17%-1.36%-12.28%
2021-0.09%-0.09%-0.52%1.31%0.69%0.52%0.61%0.26%-1.20%0.90%-0.78%0.44%2.04%

Benchmark Metrics

Fidelity Advisor Freedom Income Fund Class C has an annualized alpha of 0.89%, beta of 0.19, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 09, 2003.

  • This fund participated in 30.54% of S&P 500 Index downside but only 24.53% 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
0.89%
Beta
0.19
0.61
Upside Capture
24.53%
Downside Capture
30.54%

Expense Ratio

FCAFX has a high expense ratio of 1.47%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FCAFX ranks 68 for risk / return — better than 68% 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.


FCAFX Risk / Return Rank: 6868
Overall Rank
FCAFX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FCAFX Sortino Ratio Rank: 6969
Sortino Ratio Rank
FCAFX Omega Ratio Rank: 6464
Omega Ratio Rank
FCAFX Calmar Ratio Rank: 6767
Calmar Ratio Rank
FCAFX Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class C (FCAFX) and compare them to a chosen benchmark (S&P 500 Index).


FCAFXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.27

0.90

+0.38

Sortino ratio

Return per unit of downside risk

1.75

1.39

+0.36

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.58

1.40

+0.18

Martin ratio

Return relative to average drawdown

6.57

6.61

-0.03

Explore FCAFX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Advisor Freedom Income Fund Class C provided a 2.30% dividend yield over the last twelve months, with an annual payout of $0.24 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.24$0.24$0.21$0.19$0.48$0.53$0.34$0.30$0.48$0.28$0.23$0.23

Dividend yield

2.30%2.28%2.16%1.93%5.15%4.75%2.98%2.75%4.66%2.52%2.13%2.20%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Advisor Freedom Income Fund Class C. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.01
2025$0.00$0.00$0.01$0.00$0.02$0.01$0.01$0.03$0.01$0.01$0.03$0.13$0.24
2024$0.00$0.00$0.01$0.01$0.01$0.01$0.00$0.02$0.01$0.01$0.02$0.10$0.21
2023$0.00$0.00$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.12$0.19
2022$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.00$0.00$0.08$0.01$0.15$0.48
2021$0.00$0.00$0.00$0.00$0.19$0.00$0.00$0.00$0.00$0.09$0.00$0.25$0.53

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 C. 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 C was 20.01%, occurring on Mar 9, 2009. Recovery took 209 trading sessions.

The current Fidelity Advisor Freedom Income Fund Class C drawdown is 3.56%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.01%Oct 30, 2007341Mar 9, 2009209Jan 5, 2010550
-16.75%Nov 10, 2021238Oct 20, 2022669Jun 24, 2025907
-9.95%Feb 20, 202021Mar 19, 202073Jul 2, 202094
-7.16%Apr 28, 2015201Feb 11, 2016115Jul 27, 2016316
-4.89%Jan 29, 2018229Dec 24, 201867Apr 2, 2019296

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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