Fidelity Freedom Income Fund Class K6 (FYTKX)
The fund invests primarily in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds).
Fund Info
| ISIN | US3157932571 |
|---|---|
| CUSIP | 315793257 |
| Issuer | Fidelity |
| Inception Date | Oct 17, 1996 |
| Category | Target Retirement Date |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FYTKX features an expense ratio of 0.37%, 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: FYTKX vs. FNSHX, FYTKX vs. FAGIX, FYTKX vs. SPHD, FYTKX vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Income Fund Class K6, 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 Income Fund Class K6 had a return of 4.67% year-to-date (YTD) and 9.45% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.67% | 23.08% |
| 1 month | -1.73% | 0.48% |
| 6 months | 2.84% | 10.70% |
| 1 year | 9.45% | 30.22% |
| 5 years (annualized) | 0.75% | 13.50% |
| 10 years (annualized) | N/A | 11.11% |
Monthly Returns
The table below presents the monthly returns of FYTKX, 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% | 0.19% | 1.34% | -2.00% | 1.99% | 0.88% | 1.82% | 1.37% | 1.44% | -2.00% | 4.67% | ||
| 2023 | 3.73% | -2.13% | 2.09% | 0.57% | -0.89% | 0.85% | 0.88% | -0.99% | -2.18% | -1.37% | 4.39% | 3.44% | 8.42% |
| 2022 | -1.69% | -1.10% | -1.35% | -3.46% | -1.93% | -3.10% | 2.78% | -2.41% | -4.81% | 0.37% | 4.12% | -1.18% | -13.24% |
| 2021 | -0.00% | 0.03% | -0.37% | 1.46% | -1.08% | 0.71% | 0.62% | 0.32% | -1.08% | 0.99% | -0.60% | -1.39% | -0.43% |
| 2020 | 0.51% | -0.60% | -4.55% | 2.99% | 0.37% | 1.65% | 2.25% | 1.09% | -0.60% | -0.34% | 3.19% | -0.29% | 5.57% |
| 2019 | 2.37% | 0.48% | 1.45% | 0.69% | -0.75% | 1.84% | 0.20% | 0.92% | 0.07% | 0.78% | 0.49% | 0.02% | 8.85% |
| 2018 | 1.02% | -1.52% | -0.06% | -0.14% | -0.64% | 0.02% | 0.43% | 0.48% | -0.39% | -2.05% | 0.49% | -2.47% | -4.79% |
| 2017 | -0.26% | 1.12% | 0.56% | 0.26% | 0.60% | 0.42% | -0.70% | 2.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FYTKX is 51, 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 Income Fund Class K6 (FYTKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Freedom Income Fund Class K6 provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.33 | $0.35 | $0.30 | $0.16 | $0.25 | $0.24 | $0.15 |
Dividend yield | 3.51% | 3.13% | 3.57% | 2.55% | 1.29% | 2.11% | 2.22% | 1.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom Income Fund Class K6. 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 | $0.01 | $0.04 | $0.03 | $0.02 | $0.03 | $0.22 | |
| 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 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.01 | $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 | $0.30 |
| 2020 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 | $0.16 |
| 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 | $0.25 |
| 2018 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.08 | $0.24 |
| 2017 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.09 | $0.15 |
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 Income Fund Class K6. 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 K6 was 19.23%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Fidelity Freedom Income Fund Class K6 drawdown is 4.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.23% | Nov 10, 2021 | 238 | Oct 20, 2022 | — | — | — |
| -9.8% | Feb 20, 2020 | 21 | Mar 19, 2020 | 81 | Jul 15, 2020 | 102 |
| -6.39% | Jan 29, 2018 | 232 | Dec 28, 2018 | 128 | Jul 3, 2019 | 360 |
| -2.76% | Dec 30, 2020 | 92 | May 12, 2021 | 78 | Sep 1, 2021 | 170 |
| -1.59% | Sep 3, 2020 | 14 | Sep 23, 2020 | 31 | Nov 5, 2020 | 45 |
Volatility
Volatility Chart
The current Fidelity Freedom Income Fund Class K6 volatility is 1.33%, 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.