Fidelity Freedom Blend Retirement Fund
Data updated: 2026-08-24
C000204302 — Fidelity Freedom Blend Retirement Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000204302 Fund Overview
Fidelity Freedom Blend Retirement Fund is a US mutual fund managed by Fidelity Aberdeen Street Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. 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: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $229.08M
- 1-year return: 5.8%
- SEC CIK: 0000880195
- SEC series ID: S000062977
- Share class ID: C000204302
C000204302 Investment Objective and Strategy
Fidelity Freedom Blend Retirement Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Aberdeen Street Trust.
Investment objective
Fidelity Freedom Blend Retirement Fund seeks high current income and, as a
Principal investment strategy
Investing primarily in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds), some of which are actively managed and others of which are passively managed, meaning they seek to provide investment results that correspond to the total return of a specific index. Allocating assets according to a stable neutral asset allocation strategy. A revised neutral asset allocation strategy (approximately 17% in U.S. equity funds, 11% in international equity funds, 2% in commodity funds, 37% in U.S. investment grade bond funds, 5% in international bond funds, 2% in long-term treasury bond funds, 21% in short-term inflation-protected bond funds, and 6% in short-term funds; allocations do not add to 100% due to rounding) is expected to take effect by the end of the first quarter of 2027.
Fidelity Management & Research Company LLC (FMR) (the Adviser) has begun transitioning the neutral asset allocation percentages to achieve the desired allocations. The Adviser may modify the fund's neutral asset allocations from time to time when in the interests of shareholders. 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, under normal market conditions, will use an active asset allocation strategy to increase or decrease asset class exposures relative to the neutral asset allocations reflected above by up to 10% for equity funds (including commodity funds), bond funds and short-term funds to reflect the Adviser's market outlook, which is primarily focused on the intermediate term.
The Adviser may also make active asset allocations within other asset classes (such as high yield debt (also referred to as junk bonds), floating rate debt, real estate debt, and emerging markets debt) from 0% to 10% of the fund's total assets individually, but no more than 25% in aggregate within those other asset classes. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.
C000204302 Holdings
Top 10 holdings of Fidelity Freedom Blend Retirement Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Salem Street Trust | 20.59% |
| Fidelity Income Fund | 10.09% |
| Fidelity Salem Street Trust | 9.27% |
| Fidelity Salem Street Trust | 5.98% |
| Fidelity Advisor Series II | 5.54% |
| Fidelity School Street Trust | 4.79% |
| Fidelity Investment Trust | 4.75% |
| Fidelity Salem Street Trust | 4.57% |
| Fidelity Hereford Street Trust | 4.29% |
| Fidelity Securities Fund | 3.75% |
C000204302 Portfolio Allocation
Asset-class allocation of Fidelity Freedom Blend Retirement Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Fixed Income | 0.3% |
| Cash & Equivalents | 0.1% |
| Real Estate | 0.1% |
C000204302 Performance
Total returns for C000204302 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.8% |
| 3 years (annualised) | 0.1% |
C000204302 Risk Information
Risk metrics for C000204302, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.7%
C000204302 Costs and Fees
C000204302 costs about $21 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.21%
- Gross expense ratio: 0.21%
- Portfolio turnover: 38%
- Brokerage commissions: 0.12 bps of average net assets (SEC N-CEN)
C000204302 Cashflows
Over the 12 months to 2026-06, Fidelity Freedom Blend Retirement Fund had net inflows of $28.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $4.16M |
| 2026-05 | $583.73K |
| 2026-04 | −$3.07M |
| 2026-03 | $16.32M |
| 2026-02 | $1.19M |
| 2026-01 | −$766.23K |
C000204302 Debt Constituents
Largest debt holdings of Fidelity Freedom Blend Retirement Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.07% |
| Ust Bills | 0.04% |
| Ust Bills | 0.04% |
| Ust Bills | 0.03% |
| Ust Bills | 0.03% |
| Ust Bills | 0.03% |
| Ust Bills | 0.01% |
C000204302 Prospectus and SEC Filings
Official Fidelity Freedom Blend Retirement Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-05-26
- Prospectus (485BPOS) — filed 2025-05-27
- Prospectus supplement (497) — filed 2025-09-09
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-12
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity 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.