FAZAX Fees and Costs — Fidelity Freedom Blend 2065 Fund, Class A
Data updated: 2026-08-24
The net expense ratio is 0.72%: a 0.47% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $6K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 16%.
FAZAX Fees and Expenses
Annual operating expenses and sales charges of FAZAX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FAZAX Costs Over Time
On $10,000 invested in FAZAX, assuming 5% a year before costs, total costs come to $1,162 over 5 years, cutting the return by 1.98% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.72%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $29 | $102 | $198 |
| Total costs | $675 | $900 | $1,162 |
| Value after costs | $9,825 | $10,676 | $11,601 |
| Impact on return, per year | 6.75% | 2.80% | 1.98% |
FAZAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0014%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $5.5M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
FAZAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $4K | 60.16% |
| JPMORGAN CHASE and CO | $1K | 15.83% |
| GOLDMAN SACHS GROUP INC (THE) | $749 | 11.53% |
| UBS GROUP AG | $270 | 4.15% |
| BARCLAYS PLC | $228 | 3.51% |
| BANK OF AMERICA CORPORATION | $195 | 3.01% |
| ROYAL BANK OF CANADA | $118 | 1.81% |
FAZAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $1.8M | 32.19% |
| WELLS FARGO and CO | $1.7M | 30.05% |
| CITIGROUP INC | $841K | 15.28% |
| BANK OF MONTREAL QUE | $436K | 7.91% |
| DEUTSCHE BANK AG | $267K | 4.85% |
| MORGAN STANLEY | $188K | 3.42% |
| JEFFERIES FINANCIAL GROUP INC | $148K | 2.70% |
| BARCLAYS PLC | $119K | 2.16% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $79K | 1.44% |
Fidelity Freedom Blend 2065 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FFCHX | Premier Class | 0.20% | — |
| FFBQX | Class K6 | 0.27% | — |
| FAXGX | Class Z | 0.37% | none |
| FFBKX | Class K | 0.37% | — |
| FAXFX | Class I | 0.47% | none |
| FFBSX | Fidelity Freedom Blend 2065 Fund | 0.47% | — |
| FAZAX | Class A | 0.72% | 5.75% |
| FAXEX | Class M | 0.97% | 3.50% |
| FAXDX | Class C | 1.47% | none |
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.