Fidelity Advisor Freedom 2005 Fund
Data updated: 2024-06-14
C000013187 — Fidelity Advisor Freedom 2005 Fund. Target Date / Glide Path Allocation · $93.93M AUM. Holdings, fees, performance and SEC filings.
C000013187 Fund Overview
Fidelity Advisor Freedom 2005 Fund is a US mutual fund managed by Fidelity Aberdeen Street Trust, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Aberdeen Street Trust
- Category: Target Date / Glide Path Allocation
- Assets under management: $93.93M
- 1-year return: -31.3%
- SEC CIK: 0000880195
- SEC series ID: S000004866
- Share class ID: C000013187
C000013187 Investment Objective and Strategy
Fidelity Advisor Freedom 2005 Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Aberdeen Street Trust.
Investment objective
The fund seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.
Principal investment strategy
Investing primarily in a combination of Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds). Allocating assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Advisor Freedom Income Fund, approximately 10 to 19 years after the year 2005. FMR Co., Inc. (the Adviser) may modify the funds neutral asset allocations from time to time when in the interests of shareholders. A revised asset allocation strategy for the fund is expected to take effect by the end of 2018, as illustrated in the following chart. On or about June 30, 2018, the Adviser will begin transitioning fund assets to achieve the desired allocations.
Buying and selling futures contracts (both long and short positions) in an effort to manage cash flows efficiently, remain fully invested, or facilitate asset allocation. The Adviser may continue to seek high total return for several years beyond the fund's target retirement date in an effort to achieve the fund's overall investment objective. As of March 31, 2018, the fund's neutral asset allocation to underlying Fidelity funds and futures was approximately: Domestic Equity Funds* 21 International Equity Funds* 9 Bond Funds* 50 Short-Term Funds* 20 * The Adviser may change these percentages over time. As a result of the active asset allocation strategy (discussed below), actual allocations may differ from the neutral allocations above. The allocation percentages may not add to 100% due to rounding.
The Adviser may use an active asset allocation strategy to increase or decrease neutral asset class exposures reflected above by up to 10% for equity funds, bond funds and short-term funds to reflect the Adviser's market outlook, which is primarily focused on the intermediate term. The asset allocations in the glide path above are referred to as neutral because they do not reflect any decisions made by the Adviser to overweight or underweight an asset class. Designed for investors who retired in or within a few years of 2005 (target retirement date) at or around age 65.
C000013187 Holdings
Top 10 holdings of Fidelity Advisor Freedom 2005 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Salem Street Trust | 38.11% |
| Fidelity Salem Street Trust | 19.74% |
| Fidelity Salem Street Trust | 8.51% |
| Fidelity Investment Trust | 4.44% |
| Fidelity School Street Trust | 3.79% |
| Fidelity Salem Street Trust | 3.38% |
| Fidelity Investment Trust | 1.90% |
| Fidelity Salem Street Trust | 1.88% |
| Fidelity Investment Trust | 1.86% |
| Fidelity Investment Trust | 1.86% |
C000013187 Portfolio Allocation
Asset-class allocation of Fidelity Advisor Freedom 2005 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Fixed Income | 0.2% |
| Cash & Equivalents | 0.2% |
C000013187 Performance
Total returns for C000013187 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -31.3% |
| 3 years (annualised) | -35.0% |
C000013187 Risk Information
Risk metrics for C000013187, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
C000013187 Costs and Fees
C000013187 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 0.97%
- Portfolio turnover: 22%
- Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)
C000013187 Cashflows
Over the 12 months to 2024-03, Fidelity Advisor Freedom 2005 Fund had net outflows of $13.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$3.00M |
| 2024-02 | −$1.29M |
| 2024-01 | −$1.26M |
| 2023-12 | $1.38M |
| 2023-11 | −$64.58K |
| 2023-10 | −$1.92M |
C000013187 Debt Constituents
Largest debt holdings of Fidelity Advisor Freedom 2005 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.17% |
C000013187 Prospectus and SEC Filings
Official Fidelity Advisor Freedom 2005 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-05-24
- Prospectus (485BPOS) — filed 2023-05-24
- Prospectus supplement (497) — filed 2023-09-08
- Portfolio holdings (N-PORT) — filed 2024-05-23
- Portfolio holdings (N-PORT) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2023-11-27
- Annual census (N-CEN) — filed 2024-06-14
- Annual census (N-CEN) — filed 2023-06-13
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.