Fidelity Freedom Index Income Fund Investor Class (FIKFX)
The investment seeks high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index.
Fund Info
| ISIN | US3157921509 |
|---|---|
| CUSIP | 315792150 |
| Issuer | Fidelity |
| Inception Date | Oct 2, 2009 |
| Category | Target Retirement Date |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FIKFX has an expense ratio of 0.12%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FIKFX vs. fpifx, FIKFX vs. FZROX, FIKFX vs. SPYG, FIKFX vs. VTINX, FIKFX vs. IRTR, FIKFX vs. PRBLX, FIKFX vs. ^GSPC, FIKFX vs. VTMFX, FIKFX vs. BNDW, FIKFX vs. AMLP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Index Income Fund Investor Class, 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 Index Income Fund Investor Class had a return of 5.40% year-to-date (YTD) and 11.15% in the last 12 months. Over the past 10 years, Fidelity Freedom Index Income Fund Investor Class had an annualized return of 2.49%, while the S&P 500 had an annualized return of 11.33%, indicating that Fidelity Freedom Index Income Fund Investor Class did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.40% | 24.30% |
| 1 month | -0.47% | 4.09% |
| 6 months | 4.68% | 14.29% |
| 1 year | 11.15% | 35.42% |
| 5 years (annualized) | 1.41% | 13.95% |
| 10 years (annualized) | 2.49% | 11.33% |
Monthly Returns
The table below presents the monthly returns of FIKFX, 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% | 0.18% | 1.20% | -1.99% | 1.85% | 0.96% | 1.86% | 1.37% | 1.30% | -1.76% | 5.40% | ||
| 2023 | 3.29% | -1.94% | 2.27% | 0.60% | -0.92% | 1.02% | 0.69% | -0.81% | -2.25% | -1.24% | 4.31% | 3.22% | 8.28% |
| 2022 | -2.05% | -1.01% | -1.25% | -3.49% | 0.10% | -2.67% | 3.00% | -2.63% | -4.59% | 0.68% | 3.69% | -1.35% | -11.26% |
| 2021 | -0.40% | -0.44% | -0.18% | 1.33% | 0.00% | 0.75% | 0.99% | 0.29% | -1.35% | 1.08% | -0.19% | 0.28% | 2.16% |
| 2020 | 1.01% | -0.33% | -2.74% | 3.04% | 0.97% | 0.97% | 1.86% | 0.73% | -0.59% | -0.82% | 3.00% | 0.32% | 7.53% |
| 2019 | 2.26% | 0.47% | 1.52% | 0.72% | -0.16% | 2.03% | 0.21% | 1.26% | 0.09% | 0.59% | 0.55% | -4.36% | 5.12% |
| 2018 | 0.84% | -1.42% | 0.03% | -0.20% | 0.64% | -0.04% | 0.66% | 0.78% | -0.41% | -1.88% | 0.71% | -1.30% | -1.65% |
| 2017 | 0.79% | 0.90% | 0.25% | 0.62% | 0.39% | 0.17% | 0.79% | 0.52% | 0.28% | 0.50% | 0.52% | 0.38% | 6.27% |
| 2016 | -0.72% | 0.27% | 2.14% | 0.45% | 0.12% | 0.88% | 1.12% | 0.00% | 0.26% | -0.79% | -0.53% | 0.40% | 3.63% |
| 2015 | 1.03% | 0.90% | -0.18% | 0.35% | -0.06% | -0.92% | 0.42% | -1.55% | -0.55% | 1.70% | -0.18% | -0.80% | 0.10% |
| 2014 | -0.09% | 1.42% | -0.01% | 0.52% | 1.10% | 0.53% | -0.54% | 1.12% | -1.06% | 0.77% | 0.61% | 0.26% | 4.71% |
| 2013 | 0.73% | 0.13% | 0.58% | 0.68% | -0.68% | -1.30% | 1.13% | -0.76% | 1.33% | 0.95% | 0.23% | 0.15% | 3.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIKFX is 65, 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 Index Income Fund Investor Class (FIKFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Freedom Index Income Fund Investor Class provided a 3.29% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.33 | $0.31 | $0.18 | $0.16 | $0.25 | $0.24 | $0.18 | $0.18 | $0.21 | $0.32 | $0.14 |
Dividend yield | 3.29% | 2.85% | 2.86% | 1.43% | 1.25% | 2.06% | 2.05% | 1.53% | 1.53% | 1.89% | 2.83% | 1.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom Index Income Fund Investor Class. 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 | $0.03 | $0.02 | $0.02 | $0.04 | $0.03 | $0.02 | $0.03 | $0.24 | |
| 2023 | $0.00 | $0.01 | $0.01 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.01 | $0.01 | $0.01 | $0.01 | $0.19 | $0.31 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 | $0.18 |
| 2020 | $0.00 | $0.01 | $0.01 | $0.01 | $0.03 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 | $0.16 |
| 2019 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.07 | $0.25 |
| 2018 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.09 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 | $0.18 |
| 2016 | $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 |
| 2015 | $0.06 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 | $0.21 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.08 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 | $0.32 |
| 2013 | $0.00 | $0.00 | $0.01 | $0.03 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 | $0.14 |
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 Index Income Fund Investor Class. 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 Index Income Fund Investor Class was 15.37%, occurring on Oct 20, 2022. Recovery took 459 trading sessions.
The current Fidelity Freedom Index Income Fund Investor Class drawdown is 1.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.37% | Nov 10, 2021 | 238 | Oct 20, 2022 | 459 | Aug 19, 2024 | 697 |
| -10.95% | Dec 30, 2019 | 56 | Mar 19, 2020 | 97 | Aug 6, 2020 | 153 |
| -4.48% | Apr 28, 2015 | 185 | Jan 20, 2016 | 94 | Jun 3, 2016 | 279 |
| -3.26% | Jul 25, 2011 | 50 | Oct 3, 2011 | 63 | Jan 3, 2012 | 113 |
| -3.2% | Aug 28, 2018 | 85 | Dec 28, 2018 | 39 | Feb 26, 2019 | 124 |
Volatility
Volatility Chart
The current Fidelity Freedom Index Income Fund Investor Class volatility is 0.99%, 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.