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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

FCAFX Performance Chart

Fidelity Advisor Freedom Income Fund Class C (FCAFX) is up 4.3% since the beginning of the year. FCAFX is currently trading at $11 per share. Investors who bought $1,000 worth of FCAFX shares 5 years ago would now be looking at an investment worth $1,110.


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S&P 500 Index

Returns By Period

Fidelity Advisor Freedom Income Fund Class C (FCAFX) has returned 4.29% so far this year and 9.95% over the past 12 months. Over the last ten years, FCAFX has returned 3.40% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.


Fidelity Advisor Freedom Income Fund Class C

1D
0.27%
1M
1.57%
YTD
4.29%
6M
4.44%
1Y
9.95%
3Y*
6.83%
5Y*
2.11%
10Y*
3.40%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FCAFX Monthly Returns History

Based on dividend-adjusted daily data since Jan 8, 2003, FCAFX's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 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 45% 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%-2.73%2.87%1.05%0.27%4.29%
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 0.94%, beta of 0.19, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 09, 2003.

  • This fund participated in 30.47% of S&P 500 Index downside but only 24.47% 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
0.94%
Beta
0.19
0.60
Upside Capture
24.47%
Downside Capture
30.47%

Expense Ratio

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


Return for Risk

Risk / Return Rank

FCAFX ranks 55 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


FCAFX Risk / Return Rank: 5555
Overall Rank
FCAFX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
FCAFX Sortino Ratio Rank: 5656
Sortino Ratio Rank
FCAFX Omega Ratio Rank: 6363
Omega Ratio Rank
FCAFX Calmar Ratio Rank: 4646
Calmar Ratio Rank
FCAFX Martin Ratio Rank: 5656
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 S&P 500 Index.


FCAFXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.05

Sortino ratioReturn per unit of downside risk

+0.11

Omega ratioGain probability vs. loss probability

1.44

1.41

+0.04

Calmar ratioReturn relative to maximum drawdown

2.61

2.93

-0.32

Martin ratioReturn relative to average drawdown

11.24

13.52

-2.28

Dividends

Dividend History

Fidelity Advisor Freedom Income Fund Class C provided a 2.07% dividend yield over the last twelve months, with an annual payout of $0.23 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$0.23$0.24$0.21$0.19$0.48$0.53$0.34$0.30$0.48$0.28$0.23$0.23

Dividend yield

2.07%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$0.00$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.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-20.01%Mar 2009
1y 4mo10mo 2d
2y 2moOct 2007 - Jan 2010
Bear market2022
-16.75%Oct 2022
11mo 14d2y 8mo
3y 7moNov 2021 - Jun 2025
COVID crash2020
-9.95%Mar 2020
28d3mo 15d
4mo 13dFeb 2020 - Jul 2020
2016 pullback2016
-7.16%Feb 2016
9mo 19d5mo 17d
1y 3moApr 2015 - Jul 2016
Rate-hike selloffLate 2018
-4.89%Dec 2018
10mo 29d3mo 9d
1y 2moJan 2018 - Apr 2019

Drawdown Indicators


FCAFXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-20.01%

-56.78%

+36.77%

Max Drawdown (1Y)

Largest decline over 1 year

-3.83%

-9.10%

+5.27%

Max Drawdown (3Y)

Largest decline over 3 years

-5.18%

-18.90%

+13.72%

Max Drawdown (5Y)

Largest decline over 5 years

-16.75%

-25.43%

+8.68%

Max Drawdown (10Y)

Largest decline over 10 years

-16.75%

-33.92%

+17.17%

Current Drawdown

Current decline from peak

0.00%

-0.74%

+0.74%

Average Drawdown

Average peak-to-trough decline

-2.49%

-10.72%

+8.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.89%

1.97%

-1.08%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with FCAFX

Add Fidelity Advisor Freedom Income Fund Class C to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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