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Fidelity Freedom Income Fund Class K (FNSHX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS3157948346
IssuerFidelity
Inception DateJul 20, 2017
CategoryTarget Retirement Date
Asset ClassMulti-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FNSHX features an expense ratio of 0.42%, falling within the medium range.


Expense ratio chart for FNSHX: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

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: FNSHX vs. CIHIX, FNSHX vs. FBAKX, FNSHX vs. FYTKX, FNSHX vs. SSHIX, FNSHX vs. CHDEX, FNSHX vs. FXNAX, FNSHX vs. FZROX, FNSHX vs. FDGFX, FNSHX vs. VYM, FNSHX vs. FLCNX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Income 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.94%
12.31%
FNSHX (Fidelity Freedom Income Fund Class K)
Benchmark (^GSPC)

Returns By Period

Fidelity Freedom Income Fund Class K had a return of 4.80% year-to-date (YTD) and 9.88% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date4.80%24.72%
1 month-1.20%2.30%
6 months2.94%12.31%
1 year9.88%32.12%
5 years (annualized)0.70%13.81%
10 years (annualized)N/A11.31%

Monthly Returns

The table below presents the monthly returns of FNSHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.10%0.18%1.32%-2.01%1.98%0.86%1.81%1.35%1.42%-2.01%4.80%
20233.73%-2.23%2.18%0.57%-0.90%0.83%0.76%-0.90%-2.19%-1.39%4.37%3.41%8.26%
2022-1.69%-1.19%-1.27%-3.46%-1.93%-3.11%2.67%-2.33%-4.81%0.37%4.11%-1.19%-13.29%
20210.00%-0.06%-0.29%1.38%-1.01%0.62%0.61%0.39%-1.09%0.98%-0.69%-1.32%-0.51%
20200.43%-0.52%-4.55%2.98%0.27%1.65%2.33%1.08%-0.60%-0.42%3.19%-0.23%5.51%
20192.37%0.47%1.44%0.68%-0.76%1.93%0.11%0.91%0.07%0.86%0.40%0.09%8.88%
20181.02%-1.53%0.02%-0.15%-0.64%-0.08%0.42%0.48%-0.31%-2.06%0.48%-2.49%-4.81%
20170.17%0.55%0.29%0.53%0.41%-0.71%1.24%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FNSHX is 47, 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.


The Risk-Adjusted Performance Rank of FNSHX is 4747
Combined Rank
The Sharpe Ratio Rank of FNSHX is 5050Sharpe Ratio Rank
The Sortino Ratio Rank of FNSHX is 5656Sortino Ratio Rank
The Omega Ratio Rank of FNSHX is 4949Omega Ratio Rank
The Calmar Ratio Rank of FNSHX is 2828Calmar Ratio Rank
The Martin Ratio Rank of FNSHX is 5151Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Freedom Income Fund Class K (FNSHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FNSHX
Sharpe ratio
The chart of Sharpe ratio for FNSHX, currently valued at 2.07, compared to the broader market0.002.004.002.07
Sortino ratio
The chart of Sortino ratio for FNSHX, currently valued at 3.11, compared to the broader market0.005.0010.003.11
Omega ratio
The chart of Omega ratio for FNSHX, currently valued at 1.39, compared to the broader market1.002.003.004.001.39
Calmar ratio
The chart of Calmar ratio for FNSHX, currently valued at 0.77, compared to the broader market0.005.0010.0015.0020.0025.000.77
Martin ratio
The chart of Martin ratio for FNSHX, currently valued at 11.35, compared to the broader market0.0020.0040.0060.0080.00100.0011.35
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.66, compared to the broader market0.002.004.002.66
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.81, compared to the broader market0.005.0010.0015.0020.0025.003.81
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 17.03, compared to the broader market0.0020.0040.0060.0080.00100.0017.03

Sharpe Ratio

The current Fidelity Freedom Income Fund Class K Sharpe ratio is 2.07. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Freedom Income Fund Class K with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.07
2.66
FNSHX (Fidelity Freedom Income Fund Class K)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Freedom Income Fund Class K provided a 3.32% dividend yield over the last twelve months, with an annual payout of $0.36 per share.


1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$0.36$0.31$0.35$0.29$0.15$0.24$0.23$0.14

Dividend yield

3.32%2.98%3.49%2.47%1.24%2.05%2.11%1.16%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Freedom Income Fund Class K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.01$0.02$0.02$0.02$0.02$0.01$0.03$0.02$0.02$0.03$0.21
2023$0.00$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.15$0.31
2022$0.00$0.00$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.10$0.01$0.18$0.35
2021$0.00$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.11$0.01$0.13$0.29
2020$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.05$0.15
2019$0.00$0.01$0.01$0.02$0.01$0.02$0.01$0.02$0.02$0.02$0.02$0.08$0.24
2018$0.00$0.01$0.01$0.01$0.02$0.01$0.02$0.02$0.01$0.03$0.01$0.08$0.23
2017$0.02$0.01$0.01$0.01$0.09$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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.43%
-0.87%
FNSHX (Fidelity Freedom Income Fund Class K)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Freedom Income 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 Income Fund Class K was 19.27%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current Fidelity Freedom Income Fund Class K drawdown is 4.43%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.27%Nov 10, 2021238Oct 20, 2022
-9.72%Feb 21, 202020Mar 19, 202081Jul 15, 2020101
-6.42%Jan 29, 2018232Dec 28, 2018153Aug 8, 2019385
-2.71%Dec 30, 202092May 12, 202176Aug 30, 2021168
-1.59%Sep 3, 202015Sep 24, 202030Nov 5, 202045

Volatility

Volatility Chart

The current Fidelity Freedom Income Fund Class K volatility is 1.35%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.35%
3.81%
FNSHX (Fidelity Freedom Income Fund Class K)
Benchmark (^GSPC)