Fidelity Freedom Income Fund (FFFAX)
The fund invests in a combination of Fidelity domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds.
Fund Info
US31617R3084
31617R308
Oct 17, 1996
Large-Cap
Blend
Expense Ratio
FFFAX has an expense ratio of 0.47%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Income 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
Fidelity Freedom Income Fund had a return of 2.39% year-to-date (YTD) and 7.63% in the last 12 months. Over the past 10 years, Fidelity Freedom Income Fund had an annualized return of 3.30%, while the S&P 500 had an annualized return of 10.11%, indicating that Fidelity Freedom Income Fund did not perform as well as the benchmark.
FFFAX
2.39%
0.15%
1.51%
7.63%
3.36%
3.30%
^GSPC (Benchmark)
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
Monthly Returns
The table below presents the monthly returns of FFFAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.33% | 1.32% | -0.42% | 0.15% | 2.39% | ||||||||
| 2024 | -0.10% | 0.17% | 1.31% | -2.01% | 1.97% | 0.86% | 1.80% | 1.34% | 1.42% | -2.01% | 1.21% | -1.58% | 4.34% |
| 2023 | 3.62% | -2.13% | 2.18% | 0.56% | -1.00% | 0.92% | 0.76% | -1.00% | -2.10% | -1.49% | 4.47% | 3.39% | 8.18% |
| 2022 | -1.69% | -1.19% | -1.27% | -3.46% | 0.31% | -3.10% | 2.66% | -2.32% | -4.90% | 0.36% | 4.20% | -1.20% | -11.33% |
| 2021 | 0.00% | 0.02% | -0.38% | 1.36% | 0.74% | 0.70% | 0.61% | 0.30% | -1.08% | 0.98% | -0.61% | 0.46% | 3.12% |
| 2020 | 0.43% | -0.52% | -4.63% | 3.06% | 1.56% | 1.64% | 2.32% | 1.08% | -0.61% | -0.43% | 3.26% | 1.67% | 8.93% |
| 2019 | 2.37% | 0.55% | 1.44% | 0.68% | -0.07% | 1.83% | 0.19% | 0.91% | 0.06% | 0.77% | 0.48% | 1.07% | 10.74% |
| 2018 | 0.93% | -1.46% | -0.08% | -0.15% | 0.41% | 0.01% | 0.42% | 0.47% | -0.31% | -2.06% | 0.48% | -0.50% | -1.87% |
| 2017 | 1.06% | 1.14% | 0.35% | 0.80% | 0.83% | 0.09% | 1.12% | 0.53% | 0.34% | 0.51% | 0.40% | 0.76% | 8.21% |
| 2016 | -1.35% | 0.06% | 2.93% | 1.01% | 0.12% | 0.81% | 1.62% | 0.30% | 0.38% | -0.67% | -0.74% | 0.64% | 5.16% |
| 2015 | 0.60% | 1.12% | -0.05% | 0.36% | 0.08% | -0.91% | 0.36% | -1.91% | -0.94% | 2.02% | -0.10% | -0.93% | -0.37% |
| 2014 | -0.17% | 1.56% | -0.14% | 0.46% | 1.27% | 0.63% | -0.72% | 1.23% | -1.16% | 0.99% | 0.67% | -0.01% | 4.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, FFFAX is among the top 14% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Freedom Income Fund provided a 3.06% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.31 | $0.59 | $0.73 | $0.53 | $0.43 | $0.58 | $0.44 | $0.38 | $0.43 | $0.68 |
Dividend yield | 3.06% | 3.13% | 2.92% | 5.89% | 6.12% | 4.37% | 3.65% | 5.30% | 3.74% | 3.35% | 3.88% | 5.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.01 | $0.02 | $0.02 | $0.04 | ||||||||
| 2024 | $0.00 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.13 | $0.33 |
| 2023 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.15 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.25 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 | $0.01 | $0.18 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.01 | $0.22 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 | $0.01 | $0.36 | $0.73 |
| 2020 | $0.00 | $0.01 | $0.01 | $0.01 | $0.16 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.30 | $0.53 |
| 2019 | $0.00 | $0.01 | $0.01 | $0.02 | $0.09 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 | $0.43 |
| 2018 | $0.00 | $0.01 | $0.01 | $0.01 | $0.14 | $0.01 | $0.02 | $0.01 | $0.01 | $0.03 | $0.01 | $0.31 | $0.58 |
| 2017 | $0.00 | $0.01 | $0.01 | $0.01 | $0.10 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.25 | $0.44 |
| 2016 | $0.00 | $0.02 | $0.01 | $0.01 | $0.09 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.16 | $0.38 |
| 2015 | $0.00 | $0.01 | $0.01 | $0.01 | $0.12 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.18 | $0.43 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.36 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.20 | $0.68 |
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 Freedom Income 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 Freedom Income Fund was 17.62%, occurring on Nov 20, 2008. Recovery took 224 trading sessions.
The current Fidelity Freedom Income Fund drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.62% | May 20, 2008 | 129 | Nov 20, 2008 | 224 | Oct 13, 2009 | 353 |
| -15.87% | Nov 10, 2021 | 238 | Oct 20, 2022 | 461 | Aug 21, 2024 | 699 |
| -9.7% | Feb 21, 2020 | 20 | Mar 19, 2020 | 55 | Jun 8, 2020 | 75 |
| -6.1% | Apr 27, 2015 | 202 | Feb 11, 2016 | 78 | Jun 3, 2016 | 280 |
| -4.68% | Mar 7, 2002 | 100 | Jul 23, 2002 | 193 | Apr 17, 2003 | 293 |
Volatility
Volatility Chart
The current Fidelity Freedom Income Fund volatility is 2.85%, 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.