FAVOX — Fidelity Freedom Index 2040 Fund
Data updated: 2026-06-11
FAVOX — Fidelity Freedom Index 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $30.45B AUM · 0.04% expense ratio · 18.3% 1-yr return. From SEC regulatory filings.
FAVOX Fund Overview
FAVOX — Fidelity Freedom Index 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: $30.45B
- 1-year return: 18.3%
- Ticker: FAVOX
- SEC CIK: 0000880195
- SEC series ID: S000026419
- Share class ID: C000252921
FAVOX Holdings
Top 5 holdings of Fidelity Freedom Index 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Concord Street Trust | 48.32% |
| Fidelity Salem Street Trust | 31.04% |
| Fidelity Salem Street Trust | 12.71% |
| Fidelity Salem Street Trust | 4.88% |
| Fidelity School Street Trust | 3.00% |
FAVOX Portfolio Allocation
Asset-class allocation of Fidelity Freedom Index 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
FAVOX Performance
Total returns for FAVOX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.3% |
| 1 year | 18.3% |
FAVOX Risk Information
Risk metrics for FAVOX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.0%
FAVOX Costs and Fees
FAVOX costs about $4 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.04%
- Gross expense ratio: 0.04%
- Portfolio turnover: 13%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FAVOX Cashflows
Over the 12 months to 2026-03, Fidelity Freedom Index 2040 Fund had net inflows of $3.03B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $558.35M |
| 2026-02 | $307.53M |
| 2026-01 | $291.65M |
| 2025-12 | $826.49M |
| 2025-11 | $163.76M |
| 2025-10 | $24.07M |
FAVOX Debt Constituents
No individual debt constituents are reported in Fidelity Freedom Index 2040 Fund's latest SEC N-PORT filing.
FAVOX Prospectus and SEC Filings
Official Fidelity Freedom Index 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.