Fidelity Freedom 2030 Fund (FFFEX)
The fund invests in a combination of Fidelity domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom Income Fund (approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2030)).
Fund Info
| ISIN | US31617R7044 |
|---|---|
| CUSIP | 31617R704 |
| Issuer | Fidelity |
| Inception Date | Oct 17, 1996 |
| Category | Target Retirement Date |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FFFEX features an expense ratio of 0.66%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FFFEX vs. VTHRX, FFFEX vs. FSNQX, FFFEX vs. TRRHX, FFFEX vs. FZROX, FFFEX vs. FXAIX, FFFEX vs. AGG, FFFEX vs. FCNTX, FFFEX vs. SCHD, FFFEX vs. SPHQ, FFFEX vs. BRK-B
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom 2030 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 2030 Fund had a return of 10.53% year-to-date (YTD) and 18.37% in the last 12 months. Over the past 10 years, Fidelity Freedom 2030 Fund had an annualized return of 7.38%, while the S&P 500 had an annualized return of 10.85%, indicating that Fidelity Freedom 2030 Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.53% | 17.79% |
| 1 month | 0.44% | 0.18% |
| 6 months | 5.74% | 7.53% |
| 1 year | 18.37% | 26.42% |
| 5 years (annualized) | 7.79% | 13.48% |
| 10 years (annualized) | 7.38% | 10.85% |
Monthly Returns
The table below presents the monthly returns of FFFEX, 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 | 0.00% | 2.41% | 2.65% | -3.27% | 3.44% | 1.15% | 1.99% | 1.84% | 10.53% | ||||
| 2023 | 6.56% | -3.08% | 2.51% | 1.03% | -1.09% | 3.29% | 2.19% | -2.26% | -3.63% | -2.66% | 7.34% | 4.97% | 15.37% |
| 2022 | -3.36% | -2.41% | -0.33% | -6.27% | 0.36% | -6.56% | 5.17% | -3.27% | -8.01% | 3.33% | 7.26% | -3.10% | -16.97% |
| 2021 | 0.05% | 2.02% | 1.22% | 3.01% | 1.64% | 0.80% | 0.25% | 1.44% | -2.54% | 3.10% | -1.94% | 2.08% | 11.53% |
| 2020 | -1.07% | -4.48% | -11.04% | 7.67% | 3.99% | 3.01% | 4.11% | 3.89% | -1.65% | -1.23% | 9.13% | 4.02% | 15.64% |
| 2019 | 6.25% | 1.98% | 1.24% | 2.44% | -3.77% | 4.70% | 0.12% | -0.99% | 1.06% | 2.27% | 2.16% | 2.80% | 21.82% |
| 2018 | 4.43% | -3.50% | -1.10% | 0.28% | 0.68% | -0.11% | 1.70% | 1.06% | -0.11% | -6.17% | 0.88% | -4.79% | -7.02% |
| 2017 | 2.41% | 2.41% | 0.97% | 1.61% | 1.75% | 0.53% | 2.28% | 0.40% | 1.54% | 1.57% | 1.44% | 1.34% | 19.83% |
| 2016 | -5.39% | -0.69% | 6.37% | 1.32% | 0.95% | -0.46% | 3.90% | 0.64% | 0.82% | -1.82% | 1.21% | 1.44% | 8.11% |
| 2015 | -1.18% | 4.96% | -0.66% | 1.38% | 1.05% | -1.57% | 0.92% | -5.52% | -3.08% | 5.83% | 0.06% | -1.60% | 0.05% |
| 2014 | -3.01% | 4.49% | -0.30% | -0.00% | 2.29% | 2.16% | -1.88% | 2.90% | -2.52% | 1.72% | 1.33% | 0.56% | 7.72% |
| 2013 | 3.30% | 0.07% | 2.11% | 1.60% | 0.31% | -2.10% | 3.82% | -1.42% | 3.40% | 2.47% | 1.54% | 3.51% | 20.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFFEX is 62, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Freedom 2030 Fund (FFFEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Freedom 2030 Fund granted a 2.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.39 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.31 | $1.47 | $2.11 | $1.20 | $1.21 | $1.15 | $0.83 | $0.63 | $0.94 | $1.35 | $0.75 |
Dividend yield | 2.14% | 1.87% | 10.06% | 10.92% | 6.24% | 6.79% | 7.32% | 4.60% | 3.98% | 6.21% | 8.39% | 4.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom 2030 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 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $1.47 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.28 | $2.11 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $1.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 | $1.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $1.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.83 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.63 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.94 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $1.35 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.75 |
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 2030 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 2030 Fund was 49.70%, occurring on Mar 9, 2009. Recovery took 489 trading sessions.
The current Fidelity Freedom 2030 Fund drawdown is 0.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.7% | Nov 1, 2007 | 338 | Mar 9, 2009 | 489 | Feb 14, 2011 | 827 |
| -41.01% | Sep 5, 2000 | 525 | Oct 9, 2002 | 785 | Nov 18, 2005 | 1310 |
| -24.64% | Feb 20, 2020 | 23 | Mar 23, 2020 | 93 | Aug 4, 2020 | 116 |
| -24.32% | Nov 10, 2021 | 234 | Oct 14, 2022 | 397 | May 15, 2024 | 631 |
| -20.24% | Jul 20, 1998 | 59 | Oct 8, 1998 | 54 | Dec 23, 1998 | 113 |
Volatility
Volatility Chart
The current Fidelity Freedom 2030 Fund volatility is 2.59%, 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.