Fidelity Flex Freedom Blend 2005 Fund (FERNX)
The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds). The advisor allocates assets according to a neutral asset allocation strategy until it reaches an allocation similar to that of the Fidelity Flex? Freedom Blend Income Fund.
Fund Info
US3157935392
315793539
Jun 8, 2017
Large-Cap
Blend
Expense Ratio
FERNX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Flex Freedom Blend 2005 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FERNX
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^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of FERNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.11% | 0.11% | 1.39% | -1.89% | 1.88% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.51% | |
| 2023 | 3.80% | -2.26% | 2.31% | 0.54% | -0.96% | 0.98% | 0.86% | -1.07% | -2.16% | -1.32% | 4.47% | 3.41% | 8.63% |
| 2022 | -1.97% | -1.24% | -1.26% | -3.62% | 0.37% | -3.20% | 2.87% | -2.48% | -4.99% | 0.45% | 4.34% | -1.25% | -11.69% |
| 2021 | -0.09% | 0.09% | -0.18% | 1.57% | 0.73% | 0.73% | 0.64% | 0.45% | -1.17% | 1.18% | -0.72% | 0.73% | 4.00% |
| 2020 | 0.39% | -0.97% | -4.72% | 3.30% | 1.84% | 1.58% | 2.43% | 1.33% | -0.66% | -0.57% | 3.80% | 1.92% | 9.81% |
| 2019 | 3.04% | 0.71% | 1.52% | 0.99% | -0.52% | 2.21% | 0.20% | 0.69% | 0.29% | 0.97% | 0.67% | 1.24% | 12.64% |
| 2018 | 1.76% | -1.92% | -0.10% | -0.10% | 0.54% | 0.00% | 0.69% | 0.59% | -0.29% | -2.65% | 0.61% | -1.16% | -2.09% |
| 2017 | -0.30% | 1.40% | 0.59% | 0.59% | 0.78% | 0.58% | 0.87% | 4.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FERNX is 51, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2005 Fund (FERNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Flex Freedom Blend 2005 Fund provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.10 | $0.35 | $0.33 | $0.29 | $0.16 | $0.25 | $0.25 | $0.14 |
Dividend yield | 1.09% | 3.75% | 3.72% | 2.70% | 1.49% | 2.39% | 2.60% | 1.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Flex Freedom Blend 2005 Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.25 |
| 2017 | $0.14 | $0.14 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Flex Freedom Blend 2005 Fund. 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 Flex Freedom Blend 2005 Fund was 16.28%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.28% | Nov 10, 2021 | 238 | Oct 20, 2022 | — | — | — |
| -10.85% | Feb 20, 2020 | 21 | Mar 19, 2020 | 73 | Jul 2, 2020 | 94 |
| -5.64% | Jan 29, 2018 | 229 | Dec 24, 2018 | 55 | Mar 15, 2019 | 284 |
| -2.36% | Feb 16, 2021 | 15 | Mar 8, 2021 | 36 | Apr 28, 2021 | 51 |
| -1.96% | Sep 3, 2020 | 15 | Sep 24, 2020 | 30 | Nov 5, 2020 | 45 |
Volatility
Volatility Chart
The current Fidelity Flex Freedom Blend 2005 Fund volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.