Fidelity Advisor Freedom Blend Income Fund Class I (FHAJX)

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Fidelity Advisor Freedom Blend Income Fund Class I (FHAJX) is up 4.8% since the beginning of the year. FHAJX is currently trading at $11 per share. Investors who bought $1,000 worth of FHAJX shares 5 years ago would now be looking at an investment worth $1,158.

Fidelity Advisor Freedom Blend Income Fund Class I (FHAJX) has returned 4.76% so far this year and 11.33% over the past 12 months.

Based on dividend-adjusted daily data since Aug 31, 2018, FHAJX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, an investment would double in approximately 16.1 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Sep 2022 at -5.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FHAJX closed higher 47% of trading days. The best single day was Nov 10, 2022 with a return of +2.0%, while the worst single day was Mar 12, 2020 at -2.1%.

Fidelity Advisor Freedom Blend Income Fund Class I has an annualized alpha of 1.95%, beta of 0.17, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since September 04, 2018.

• This fund participated in 32.72% of S&P 500 Index downside but only 25.18% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.17 may look defensive, but with R2 of 0.43 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.43 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

FHAJX has an expense ratio of 0.41%, placing it in the medium range.

FHAJX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity Advisor Freedom Blend Income Fund Class I (FHAJX) and compare them to S&P 500 Index.

Fidelity Advisor Freedom Blend Income Fund Class I provided a 2.95% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Freedom Blend Income Fund Class I. 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 Blend Income Fund Class I. 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 Blend Income Fund Class I was 16.18%, occurring on Oct 20, 2022. Recovery took 475 trading sessions.

The chart below shows the rolling one-month volatility.