C000179002 Performance — Fidelity Freedom 2005 Fund, Class K
Data updated: 2024-06-14
C000179002 returned +6.02% over one year to Mar 2024. The annualised 3-year return is +0.26%. The fund trailed its Target-Date category average: $100 invested three years ago grew to $101, against $112 for the category, and to $106 over one year, against $116. Volatility over the past three years was 7.51% a year. In the 12 months to Mar 2024 the fund lost a net $114.5M, and assets reached $639.23M.
C000179002 Growth of $100
What $100 invested in Fidelity Freedom 2005 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | C000179002 | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $106 | $116 |
| 3 years (Apr 2021 – Mar 2024) | $101 | $112 |
| Since data start (Jul 2019 – Mar 2024) | $115 | $140 |
C000179002 Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.02% |
| 3 years (annualised) | +0.26% |
C000179002 Annual Returns
Calendar-year total returns of Fidelity Freedom 2005 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +1.36% |
| 2023 | +8.39% |
| 2022 | −11.74% |
| 2021 | +3.95% |
| 2020 | +9.83% |
| 2019 (Jul–Dec) | +4.04% |
C000179002 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.1% | +0.1% | +1.4% | — | — | — | — | — | — | — | — | — |
| 2023 | +3.7% | −2.1% | +2.1% | +0.7% | −1.0% | +0.9% | +0.8% | −1.0% | −2.2% | −1.4% | +4.5% | +3.4% |
| 2022 | −1.9% | −1.2% | −1.2% | −3.6% | +0.3% | −3.3% | +2.8% | −2.4% | −5.0% | +0.5% | +4.3% | −1.3% |
| 2021 | 0.0% | +0.1% | −0.1% | +1.5% | +0.8% | +0.7% | +0.5% | +0.5% | −1.2% | +1.2% | −0.8% | +0.7% |
| 2020 | +0.3% | −1.1% | −5.3% | +3.6% | +1.9% | +1.8% | +2.5% | +1.4% | −0.7% | −0.5% | +3.9% | +2.0% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.7% | +0.2% | +1.1% | +0.7% | +1.2% |
C000179002 Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 7.51%
- 3-year Sharpe ratio: -0.56 (vs 4.5% risk-free rate)
- Best month: +4.50% (Nov 2023)
- Worst month: −5.00% (Sep 2022)
C000179002 Fund Flows
Monthly money in and out of Fidelity Freedom 2005 Fund, from SEC Form N-PORT.
- 12-month net flow: −$114.5M
- 12-month gross sales (incl. reinvestments): $156.3M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $6.8M | $22.3M | −$15.5M |
| Feb 2024 | $10.9M | $24.2M | −$13.3M |
| Jan 2024 | $7.9M | $19.1M | −$11.2M |
| Dec 2023 | $24.4M | $19.4M | $5.1M |
| Nov 2023 | $6.8M | $19.1M | −$12.3M |
| Oct 2023 | $5.3M | $22.8M | −$17.4M |
| Sep 2023 | $10.7M | $21.6M | −$10.9M |
| Aug 2023 | $38.9M | $50.1M | −$11.2M |
| Jul 2023 | $18.4M | $24.9M | −$6.5M |
| Jun 2023 | $5.0M | $22.1M | −$17.1M |
| May 2023 | $10.8M | $14.0M | −$3.2M |
| Apr 2023 | $10.4M | $11.2M | −$859K |
C000179002 Assets Under Management
Net assets of Fidelity Freedom 2005 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $639.23M |
| 2023-12-31 | $670.56M |
| 2023-09-30 | $671.55M |
| 2023-06-30 | $716.37M |
| 2023-03-31 | $736.05M |
| 2022-12-31 | $744.34M |
| 2022-09-30 | $761.91M |
| 2022-06-30 | $826.63M |
| 2022-03-31 | $930.96M |
| 2021-12-31 | $996.62M |
| 2021-09-30 | $1.01B |
| 2021-06-30 | $1.05B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.