FAVOX Performance — Fidelity Freedom Index 2040 Fund, Premier II Class
Data updated: 2026-08-24
FAVOX returned +10.25% year to date and +20.81% over one year to Jun 2026. Over one year the fund beat its Target-Date category average: $100 grew to $121, against $118 for the category. Volatility over the past 12 months was 10.54% a year. In the 12 months to Jun 2026 the fund took in a net $3.4B, and assets reached $34.88B.
FAVOX Growth of $100
What $100 invested in Fidelity Freedom Index 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FAVOX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $118 |
| Since data start (Sep 2024 – Jun 2026) | $132 | $127 |
FAVOX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.25% |
| 1 year | +20.81% |
FAVOX Annual Returns
Calendar-year total returns of Fidelity Freedom Index 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.25% |
| 2025 | +19.97% |
| 2024 (Sep–Dec) | +0.11% |
FAVOX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6% | +1.9% | −5.5% | +7.5% | +3.9% | 0.0% | — | — | — | — | — | — |
| 2025 | +2.9% | +0.2% | −3.0% | +0.7% | +4.4% | +4.1% | +0.7% | +2.5% | +3.2% | +1.8% | +0.2% | +0.8% |
| 2024 | — | — | — | — | — | — | — | — | +2.1% | −2.4% | +3.4% | −2.8% |
FAVOX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 10.54%
- Best month: +7.52% (Apr 2026)
- Worst month: −5.55% (Mar 2026)
FAVOX Fund Flows
Monthly money in and out of Fidelity Freedom Index 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: $3.4B
- 12-month gross sales (incl. reinvestments): $13.3B
- Sales ÷ redemptions: 1.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $955.2M | $640.7M | $314.5M |
| May 2026 | $968.3M | $594.9M | $373.4M |
| Apr 2026 | $1.5B | $1.3B | $258.4M |
| Mar 2026 | $1.2B | $635.9M | $558.3M |
| Feb 2026 | $1.1B | $772.5M | $307.5M |
| Jan 2026 | $1.4B | $1.1B | $291.7M |
| Dec 2025 | $2.5B | $1.7B | $826.5M |
| Nov 2025 | $644.7M | $480.9M | $163.8M |
| Oct 2025 | $758.6M | $734.5M | $24.1M |
| Sep 2025 | $830.9M | $721.1M | $109.8M |
| Aug 2025 | $695.5M | $694.0M | $1.6M |
| Jul 2025 | $701.4M | $498.6M | $202.7M |
FAVOX Assets Under Management
Net assets of Fidelity Freedom Index 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $34.88B |
| 2026-03-31 | $30.45B |
| 2025-12-31 | $29.71B |
| 2025-09-30 | $28.50B |
| 2025-06-30 | $26.44B |
| 2025-03-31 | $23.71B |
| 2024-12-31 | $23.41B |
| 2024-09-30 | $23.38B |
| 2024-06-30 | $21.67B |
| 2024-03-31 | $21.04B |
| 2023-12-31 | $19.47B |
| 2023-09-30 | $17.04B |
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.