Fidelity Advisor Freedom Income Fund Class M (FTAFX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Freedom Income Fund Class M, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Advisor Freedom Income Fund Class M (FTAFX) has returned -0.81% so far this year and 6.44% over the past 12 months. Over the last ten years, FTAFX has returned 3.51% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 8, 2003, FTAFX's average daily return is +0.01%, while the average monthly return is +0.27%. At this rate, your investment would double in approximately 21.4 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +4.3%, while the worst month was Oct 2008 at -6.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FTAFX closed higher 45% of trading days. The best single day was Oct 13, 2008 with a return of +2.4%, while the worst single day was Jul 24, 2003 at -3.1%.

Fidelity Advisor Freedom Income Fund Class M has an annualized alpha of 1.37%, beta of 0.19, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 09, 2003.

• This fund participated in 29.34% of S&P 500 Index downside but only 25.78% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.19 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

FTAFX has a high expense ratio of 0.97%, indicating above-average management fees.

FTAFX ranks 74 for risk / return — better than 74% 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 Income Fund Class M (FTAFX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Advisor Freedom Income Fund Class M provided a 2.79% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Freedom Income Fund Class M. 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 Income Fund Class M. 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 M was 19.56%, occurring on Mar 9, 2009. Recovery took 176 trading sessions.

The current Fidelity Advisor Freedom Income Fund Class M drawdown is 3.57%.

The chart below shows the rolling one-month volatility.