FAFFX — Fidelity Advisor Freedom 2040 Fund
Data updated: 2026-06-11
FAFFX — Fidelity Advisor Freedom 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $2.97B AUM · 0.91% expense ratio · 19.4% 1-yr return. From SEC regulatory filings.
FAFFX Fund Overview
FAFFX — Fidelity Advisor Freedom 2040 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: $2.97B
- 1-year return: 19.4%
- Ticker: FAFFX
- SEC CIK: 0000880195
- SEC series ID: S000004883
- Share class ID: C000013229
FAFFX Holdings
Top 10 holdings of Fidelity Advisor Freedom 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Hastings Street Trust | 9.92% |
| Fidelity Investment Trust | 9.14% |
| Fidelity Advisor Series I | 7.24% |
| Fidelity Investment Trust | 6.75% |
| Fidelity Investment Trust | 6.69% |
| Fidelity Investment Trust | 6.62% |
| Fidelity Contrafund | 6.20% |
| Fidelity Salem Street Trust | 6.11% |
| Fidelity Devonshire Trust | 5.67% |
| Fidelity Devonshire Trust | 5.66% |
FAFFX Portfolio Allocation
Asset-class allocation of Fidelity Advisor Freedom 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 0.3% |
| Fixed Income | 0.3% |
FAFFX Performance
Total returns for FAFFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.8% |
| 1 year | 19.4% |
| 3 years (annualised) | -27.2% |
| 5 years (annualised) | -38.4% |
FAFFX Risk Information
Risk metrics for FAFFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
FAFFX Costs and Fees
FAFFX costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 0.91%
- Portfolio turnover: 18%
- Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)
FAFFX Cashflows
Over the 12 months to 2026-03, Fidelity Advisor Freedom 2040 Fund had net inflows of $86.81M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$5.63M |
| 2026-02 | −$281.49K |
| 2026-01 | −$20.60M |
| 2025-12 | $78.20M |
| 2025-11 | −$2.29M |
| 2025-10 | −$12.58M |
FAFFX Debt Constituents
Largest debt holdings of Fidelity Advisor Freedom 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.13% |
| Ust Bills | 0.08% |
| Ust Bills | 0.02% |
| Ust Bills | 0.01% |
| Ust Bills | 0.01% |
| Ust Bills | 0.00% |
| Ust Bills | 0.00% |
| Ust Bills | 0.00% |
FAFFX Prospectus and SEC Filings
Official Fidelity Advisor Freedom 2040 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.