Fidelity Advisor Freedom Income Fund Class I (FIAFX)
The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds.
Fund Info
| ISIN | US3157926060 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Jul 24, 2003 |
| Category | Target Retirement Date |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FIAFX features an expense ratio of 0.47%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FIAFX vs. FIOFX, FIAFX vs. VTV, FIAFX vs. SPY, FIAFX vs. WMT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Freedom Income Fund Class I, 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 Advisor Freedom Income Fund Class I had a return of 4.71% year-to-date (YTD) and 9.47% in the last 12 months. Over the past 10 years, Fidelity Advisor Freedom Income Fund Class I had an annualized return of 1.55%, while the S&P 500 had an annualized return of 11.39%, indicating that Fidelity Advisor Freedom Income Fund Class I did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.71% | 25.48% |
| 1 month | -1.36% | 2.14% |
| 6 months | 2.71% | 12.76% |
| 1 year | 9.47% | 33.14% |
| 5 years (annualized) | 0.82% | 13.96% |
| 10 years (annualized) | 1.55% | 11.39% |
Monthly Returns
The table below presents the monthly returns of FIAFX, 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 | -0.10% | 0.09% | 1.37% | -2.03% | 1.95% | 0.86% | 1.78% | 1.39% | 1.42% | -2.00% | 4.71% | ||
| 2023 | 3.58% | -2.06% | 2.08% | 0.57% | -1.06% | 0.86% | 0.79% | -0.96% | -2.20% | -1.39% | 4.46% | 3.37% | 8.05% |
| 2022 | -1.76% | -1.14% | -1.34% | -3.45% | -2.10% | -3.07% | 2.60% | -2.26% | -4.92% | 0.31% | 4.19% | -1.15% | -13.53% |
| 2021 | 0.00% | 0.01% | -0.41% | 1.41% | -0.93% | 0.64% | 0.64% | 0.31% | -1.06% | 0.97% | -0.65% | -0.76% | 0.14% |
| 2020 | 0.54% | -0.59% | -4.58% | 2.95% | 0.36% | 1.65% | 2.35% | 1.05% | -0.63% | -0.46% | 3.25% | 0.16% | 5.95% |
| 2019 | 2.42% | 0.59% | 1.43% | 0.80% | -0.98% | 1.90% | 0.13% | 0.96% | 0.05% | 0.84% | 0.58% | 0.08% | 9.11% |
| 2018 | 0.99% | -1.53% | 0.00% | -0.16% | -0.96% | -0.01% | 0.51% | 0.39% | -0.32% | -2.01% | 0.52% | -2.60% | -5.13% |
| 2017 | 1.12% | 1.10% | 0.37% | 0.83% | 0.10% | 0.09% | 1.08% | 0.47% | 0.36% | 0.53% | 0.37% | -1.01% | 5.53% |
| 2016 | -1.14% | 0.00% | 2.94% | 0.98% | -0.66% | 0.84% | 1.52% | 0.33% | 0.38% | -0.80% | -0.71% | 0.07% | 3.74% |
| 2015 | 0.46% | 1.08% | -0.08% | 0.39% | 0.05% | -0.88% | 0.40% | -2.03% | -0.83% | 2.01% | -0.11% | -1.72% | -1.34% |
| 2014 | -0.18% | 1.55% | -0.07% | 0.39% | 1.22% | 0.57% | -0.67% | 1.14% | -1.13% | 1.00% | 0.61% | -0.02% | 4.48% |
| 2013 | 0.91% | 0.16% | 0.68% | 0.80% | -0.60% | -1.36% | 1.36% | -0.82% | 1.45% | 1.08% | 0.45% | 0.85% | 5.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIAFX is 39, 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 Advisor Freedom Income Fund Class I (FIAFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Freedom Income Fund Class I provided a 3.18% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.29 | $0.32 | $0.26 | $0.15 | $0.22 | $0.22 | $0.18 | $0.18 | $0.31 | $0.63 | $0.48 |
Dividend yield | 3.18% | 2.88% | 3.32% | 2.28% | 1.25% | 1.98% | 2.08% | 1.64% | 1.70% | 2.94% | 5.76% | 4.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Freedom Income Fund Class I. 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 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.19 | |
| 2023 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.14 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 | $0.01 | $0.17 | $0.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.10 | $0.00 | $0.12 | $0.26 |
| 2020 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 | $0.15 |
| 2019 | $0.00 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.07 | $0.22 |
| 2018 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.08 | $0.22 |
| 2017 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 | $0.18 |
| 2016 | $0.00 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.06 | $0.18 |
| 2015 | $0.00 | $0.01 | $0.01 | $0.01 | $0.13 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.07 | $0.31 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.22 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.28 | $0.63 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.14 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.26 | $0.48 |
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 Advisor Freedom 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 Income Fund Class I was 21.59%, occurring on Mar 9, 2009. Recovery took 212 trading sessions.
The current Fidelity Advisor Freedom Income Fund Class I drawdown is 4.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.59% | Oct 3, 2007 | 359 | Mar 9, 2009 | 212 | Jan 8, 2010 | 571 |
| -19% | Nov 10, 2021 | 238 | Oct 20, 2022 | — | — | — |
| -9.86% | Feb 20, 2020 | 21 | Mar 19, 2020 | 81 | Jul 15, 2020 | 102 |
| -6.77% | Dec 28, 2017 | 252 | Dec 28, 2018 | 166 | Aug 27, 2019 | 418 |
| -6.67% | Apr 28, 2015 | 201 | Feb 11, 2016 | 105 | Jul 13, 2016 | 306 |
Volatility
Volatility Chart
The current Fidelity Advisor Freedom Income Fund Class I volatility is 1.46%, 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.