Fidelity Advisor Freedom 2050 Fund Class A (FFFLX)

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Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) is up 12.3% since the beginning of the year. FFFLX is currently trading at $17 per share. Investors who bought $1,000 worth of FFFLX shares 5 years ago would now be looking at an investment worth $1,576.

Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) has returned 12.29% so far this year and 27.96% over the past 12 months. Over the last ten years, FFFLX has returned 11.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jun 2, 2006, FFFLX's average daily return is +0.04%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +12.0%, while the worst month was Oct 2008 at -19.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FFFLX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +10.6%, while the worst single day was Mar 16, 2020 at -10.0%.

Fidelity Advisor Freedom 2050 Fund Class A has an annualized alpha of -0.34%, beta of 0.87, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since June 05, 2006.

• This fund participated in 97.46% of S&P 500 Index downside but only 91.03% of its upside - more exposed to losses than it benefited from rallies.
• With beta of 0.87 and R2 of 0.93, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FFFLX has a high expense ratio of 1.00%, indicating above-average management fees.

FFFLX ranks 58 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 2050 Fund Class A (FFFLX) and compare them to S&P 500 Index.

Fidelity Advisor Freedom 2050 Fund Class A provided a 6.57% dividend yield over the last twelve months, with an annual payout of $1.09 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Freedom 2050 Fund Class A. 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 2050 Fund Class A. 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 2050 Fund Class A was 58.29%, occurring on Mar 9, 2009. Recovery took 1046 trading sessions.

The chart below shows the rolling one-month volatility.