FHOEX Fees and Costs — Fidelity Freedom Blend 2040 Fund, Class M
Data updated: 2026-08-24
The net expense ratio is 0.97%: a 0.47% management fee plus a 0.50% 12b-1 fee. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2026 the fund paid $53K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 18%.
FHOEX Fees and Expenses
Annual operating expenses and sales charges of FHOEX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| 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 |
FHOEX Costs Over Time
On $10,000 invested in FHOEX, assuming 5% a year before costs, total costs come to $1,033 over 5 years, cutting the return by 1.76% 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 | $350 | $350 | $350 |
| Fund expenses (net expense ratio 0.97%) | $98 | $307 | $532 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $17 | $70 | $150 |
| Total costs | $466 | $728 | $1,033 |
| Value after costs | $10,034 | $10,849 | $11,729 |
| Impact on return, per year | 4.66% | 2.25% | 1.76% |
FHOEX 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): 0.0013%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): $43.9M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
FHOEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $34K | 63.65% |
| JPMORGAN CHASE and CO | $7K | 12.77% |
| GOLDMAN SACHS GROUP INC (THE) | $5K | 9.73% |
| UBS GROUP AG | $2K | 4.38% |
| BARCLAYS PLC | $2K | 4.06% |
| BANK OF AMERICA CORPORATION | $2K | 3.55% |
| ROYAL BANK OF CANADA | $995 | 1.88% |
FHOEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $16.4M | 37.27% |
| NOMURA HOLDINGS INC | $14.7M | 33.40% |
| JEFFERIES FINANCIAL GROUP INC | $4.2M | 9.47% |
| CITIGROUP INC | $3.9M | 8.86% |
| MORGAN STANLEY | $1.3M | 2.93% |
| BANK OF MONTREAL QUE | $1.2M | 2.84% |
| BARCLAYS PLC | $861K | 1.96% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $831K | 1.89% |
| DEUTSCHE BANK AG | $604K | 1.38% |
Fidelity Freedom Blend 2040 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FFBTX | Premier Class | 0.20% | — |
| FHHDX | Class K6 | 0.27% | — |
| FHHFX | Class Z | 0.37% | none |
| FHYDX | Class K | 0.37% | — |
| FHARX | Fidelity Freedom Blend 2040 Fund | 0.47% | — |
| FHJFX | Class I | 0.47% | none |
| FHDEX | Class A | 0.72% | 5.75% |
| FHOEX | Class M | 0.97% | 3.50% |
| FHZEX | 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.