Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX)
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
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Index 2015 Fund Institutional Premium 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 2015 Fund Institutional Premium Class had a return of 7.44% year-to-date (YTD) and 12.43% in the last 12 months.
FIWFX
7.44%
-0.33%
5.00%
12.43%
4.44%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FIWFX, 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 | -0.07% | 0.93% | 1.69% | -2.64% | 2.10% | 1.56% | 2.09% | 1.57% | 1.61% | -2.12% | 7.44% | ||
2023 | 4.63% | -2.44% | 2.65% | 0.74% | -1.05% | 2.07% | 1.31% | -1.50% | -3.05% | -1.88% | 5.73% | 4.04% | 11.32% |
2022 | -2.95% | -1.52% | -0.74% | -5.06% | 0.16% | -4.28% | 4.32% | -3.14% | -6.42% | 1.97% | 5.26% | -2.37% | -14.44% |
2021 | -0.40% | 0.40% | 0.47% | 2.18% | 0.75% | 0.97% | 0.83% | 0.96% | -2.21% | 2.19% | -0.76% | 1.33% | 6.84% |
2020 | 0.43% | -2.44% | -6.19% | 5.50% | 2.26% | 1.69% | 2.89% | 2.17% | -1.30% | -1.25% | 5.77% | 2.14% | 11.61% |
2019 | 4.34% | 1.29% | 1.48% | 1.66% | -1.86% | 3.54% | 0.26% | 0.39% | 0.64% | 1.21% | 1.20% | 1.34% | 16.47% |
2018 | 2.33% | -2.41% | -0.53% | 0.00% | 0.94% | -0.07% | 1.47% | 1.05% | -0.20% | -3.91% | 1.15% | -2.84% | -3.16% |
2017 | 1.47% | 1.74% | 0.43% | 0.99% | 1.04% | 0.35% | 1.46% | 0.48% | 0.95% | 1.08% | 1.14% | 0.87% | 12.67% |
2016 | -2.53% | -0.16% | 4.26% | 0.83% | 0.43% | 0.67% | 2.23% | 0.15% | 0.36% | -1.30% | 0.44% | 1.04% | 6.46% |
2015 | -1.17% | 0.66% | -3.52% | -1.60% | 4.02% | -0.22% | -1.35% | -3.29% |
Expense Ratio
FIWFX has an expense ratio of 0.08%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIWFX is 64, 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 2015 Fund Institutional Premium Class (FIWFX) 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 2015 Fund Institutional Premium Class provided a 2.69% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.40 | $0.37 | $0.36 | $0.24 | $0.21 | $0.29 | $0.32 | $0.26 | $0.25 | $0.23 |
Dividend yield | 2.69% | 2.60% | 2.78% | 1.56% | 1.38% | 2.12% | 2.24% | 1.72% | 1.82% | 1.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom Index 2015 Fund Institutional Premium 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 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | |
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.37 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.36 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.24 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.21 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.29 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.32 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.26 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.25 |
2015 | $0.23 | $0.23 |
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 2015 Fund Institutional Premium 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 2015 Fund Institutional Premium Class was 19.50%, occurring on Oct 14, 2022. Recovery took 436 trading sessions.
The current Fidelity Freedom Index 2015 Fund Institutional Premium Class drawdown is 1.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.5% | Nov 10, 2021 | 234 | Oct 14, 2022 | 436 | Jul 12, 2024 | 670 |
-15.81% | Feb 20, 2020 | 23 | Mar 23, 2020 | 76 | Jul 10, 2020 | 99 |
-8.71% | Jul 17, 2015 | 145 | Feb 11, 2016 | 79 | Jun 6, 2016 | 224 |
-8.52% | Jan 29, 2018 | 229 | Dec 24, 2018 | 56 | Mar 18, 2019 | 285 |
-3.53% | Sep 3, 2020 | 41 | Oct 30, 2020 | 6 | Nov 9, 2020 | 47 |
Volatility
Volatility Chart
The current Fidelity Freedom Index 2015 Fund Institutional Premium Class volatility is 1.38%, 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.