Fidelity Freedom 2065 Fund Class K (FFSDX)
The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Income Fund, approximately 10 to 19 years after the year 2065.
Fund Info
ISIN | US3157966314 |
---|---|
Issuer | Fidelity |
Inception Date | Jun 28, 2019 |
Category | Target Retirement Date |
Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FFSDX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FFSDX vs. FOKFX, FFSDX vs. FXAIX, FFSDX vs. FCNKX, FFSDX vs. FDKVX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom 2065 Fund Class K, 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 2065 Fund Class K had a return of 17.39% year-to-date (YTD) and 29.95% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 17.39% | 25.70% |
1 month | 1.23% | 3.51% |
6 months | 9.06% | 14.80% |
1 year | 29.95% | 37.91% |
5 years (annualized) | 7.67% | 14.18% |
10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of FFSDX, 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 | 0.17% | 4.53% | 3.45% | -3.65% | 3.86% | 1.16% | 1.84% | 2.11% | 1.99% | -2.38% | 17.39% | ||
2023 | 8.04% | -3.21% | 2.47% | 1.30% | -1.74% | 4.93% | 3.37% | -2.83% | -4.15% | -3.04% | 8.64% | 5.47% | 19.70% |
2022 | -4.04% | -2.96% | 0.64% | -7.50% | -4.57% | -8.49% | 6.32% | -3.44% | -9.33% | 5.51% | 8.84% | -5.00% | -23.11% |
2021 | 0.08% | 3.30% | 2.26% | 3.89% | -0.51% | 0.89% | -0.15% | 2.12% | -3.30% | 4.38% | -2.77% | -0.14% | 10.17% |
2020 | -1.68% | -6.35% | -13.77% | 9.62% | 4.28% | 3.49% | 4.76% | 5.30% | -2.16% | -1.56% | 11.95% | 4.51% | 16.78% |
2019 | 0.10% | -2.10% | 1.63% | 2.81% | 2.93% | 3.03% | 8.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFSDX is 63, 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 2065 Fund Class K (FFSDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Freedom 2065 Fund Class K provided a 1.19% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.17 | $0.17 | $0.21 | $0.29 | $0.13 | $0.13 |
Dividend yield | 1.19% | 1.39% | 2.06% | 2.17% | 1.06% | 1.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom 2065 Fund Class K. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
2019 | $0.13 | $0.13 |
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 2065 Fund Class K. 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 2065 Fund Class K was 33.16%, occurring on Oct 14, 2022. Recovery took 484 trading sessions.
The current Fidelity Freedom 2065 Fund Class K drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-33.16% | Nov 9, 2021 | 235 | Oct 14, 2022 | 484 | Sep 19, 2024 | 719 |
-31.03% | Jan 21, 2020 | 44 | Mar 23, 2020 | 107 | Aug 24, 2020 | 151 |
-6.19% | Sep 3, 2020 | 15 | Sep 24, 2020 | 12 | Oct 12, 2020 | 27 |
-5.81% | Jul 25, 2019 | 15 | Aug 14, 2019 | 50 | Oct 24, 2019 | 65 |
-5.8% | Oct 13, 2020 | 14 | Oct 30, 2020 | 4 | Nov 5, 2020 | 18 |
Volatility
Volatility Chart
The current Fidelity Freedom 2065 Fund Class K volatility is 3.22%, 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.