Fidelity Advisor Freedom 2030 Fund Class I (FEFIX)

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Fidelity Advisor Freedom 2030 Fund Class I (FEFIX) is up 7.8% since the beginning of the year. FEFIX is currently trading at $16 per share. Investors who bought $1,000 worth of FEFIX shares 5 years ago would now be looking at an investment worth $1,348.

Fidelity Advisor Freedom 2030 Fund Class I (FEFIX) has returned 7.83% so far this year and 19.34% over the past 12 months. Over the last ten years, FEFIX has returned 9.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 8, 2003, FEFIX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +10.8%, while the worst month was Oct 2008 at -17.3%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FEFIX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +9.3%, while the worst single day was Jul 24, 2003 at -12.7%.

Fidelity Advisor Freedom 2030 Fund Class I has an annualized alpha of -0.23%, beta of 0.69, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since January 09, 2003.

• This fund participated in 81.80% of S&P 500 Index downside but only 71.33% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.69 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

FEFIX has an expense ratio of 0.66%, placing it in the medium range.

FEFIX ranks 59 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.

The table below present risk-adjusted performance metrics for Fidelity Advisor Freedom 2030 Fund Class I (FEFIX) and compare them to S&P 500 Index.

Fidelity Advisor Freedom 2030 Fund Class I provided a 7.30% dividend yield over the last twelve months, with an annual payout of $1.20 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Freedom 2030 Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Advisor Freedom 2030 Fund Class I. 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 2030 Fund Class I was 53.66%, occurring on Mar 9, 2009. Recovery took 973 trading sessions.

The chart below shows the rolling one-month volatility.