FIOFX Performance — Fidelity Freedom Index 2045 Fund, Investor Class
Data updated: 2026-08-24
FIOFX returned +11.36% year to date and +22.87% over one year to Jun 2026. Annualised returns are +18.01% over 3 years and +9.57% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $164, against $150 for the category, and to $123 over one year, against $118. Volatility over the past three years was 11.66% a year. In the 12 months to Jun 2026 the fund took in a net $3.7B, and assets reached $32.63B.
FIOFX Growth of $100
What $100 invested in Fidelity Freedom Index 2045 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FIOFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $164 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $158 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $222 | $187 |
FIOFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.36% |
| 1 year | +22.87% |
| 3 years (annualised) | +18.01% |
| 5 years (annualised) | +9.57% |
FIOFX Annual Returns
Calendar-year total returns of Fidelity Freedom Index 2045 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.36% |
| 2025 | +21.41% |
| 2024 | +14.12% |
| 2023 | +19.90% |
| 2022 | −18.21% |
| 2021 | +15.95% |
| 2020 | +16.44% |
| 2019 (Jul–Dec) | +8.52% |
FIOFX 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 | +2.8% | +1.9% | −6.0% | +8.4% | +4.3% | 0.0% | — | — | — | — | — | — |
| 2025 | +3.1% | +0.1% | −3.2% | +0.7% | +4.9% | +4.3% | +0.8% | +2.7% | +3.5% | +1.9% | +0.2% | +0.9% |
| 2024 | −0.1% | +3.9% | +2.9% | −3.6% | +4.2% | +1.6% | +2.2% | +2.2% | +2.1% | −2.5% | +3.6% | −2.9% |
| 2023 | +7.3% | −3.1% | +2.8% | +1.2% | −1.2% | +5.3% | +3.1% | −2.8% | −4.3% | −3.0% | +8.7% | +5.3% |
| 2022 | −4.4% | −2.7% | +1.3% | −7.8% | +0.4% | −7.7% | +6.5% | −3.9% | −9.2% | +5.4% | +8.3% | −4.2% |
| 2021 | −0.3% | +2.2% | +2.1% | +3.9% | +1.4% | +1.3% | +0.5% | +2.1% | −3.9% | +4.7% | −2.2% | +3.3% |
| 2020 | −0.8% | −6.6% | −12.8% | +10.0% | +4.4% | +2.9% | +4.7% | +5.2% | −2.7% | −2.1% | +11.4% | +4.4% |
| 2019 | — | — | — | — | — | — | +0.4% | −1.5% | +1.7% | +2.3% | +2.4% | +3.0% |
FIOFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.66%
- 3-year Sharpe ratio: 1.16 (vs 4.5% risk-free rate)
- Best month: +8.73% (Nov 2023)
- Worst month: −5.97% (Mar 2026)
FIOFX Fund Flows
Monthly money in and out of Fidelity Freedom Index 2045 Fund, from SEC Form N-PORT.
- 12-month net flow: $3.7B
- 12-month gross sales (incl. reinvestments): $12.7B
- Sales ÷ redemptions: 1.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $994.9M | $582.4M | $412.4M |
| May 2026 | $835.8M | $505.5M | $330.3M |
| Apr 2026 | $1.4B | $1.0B | $335.4M |
| Mar 2026 | $1.2B | $617.8M | $608.1M |
| Feb 2026 | $1.1B | $736.8M | $315.4M |
| Jan 2026 | $1.3B | $1.0B | $297.4M |
| Dec 2025 | $2.4B | $1.6B | $784.9M |
| Nov 2025 | $564.3M | $460.5M | $103.8M |
| Oct 2025 | $731.3M | $624.1M | $107.1M |
| Sep 2025 | $854.7M | $699.6M | $155.1M |
| Aug 2025 | $696.8M | $613.4M | $83.3M |
| Jul 2025 | $630.6M | $456.2M | $174.4M |
FIOFX Assets Under Management
Net assets of Fidelity Freedom Index 2045 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $32.63B |
| 2026-03-31 | $27.92B |
| 2025-12-31 | $27.13B |
| 2025-09-30 | $25.87B |
| 2025-06-30 | $23.75B |
| 2025-03-31 | $21.02B |
| 2024-12-31 | $20.68B |
| 2024-09-30 | $20.60B |
| 2024-06-30 | $18.99B |
| 2024-03-31 | $18.30B |
| 2023-12-31 | $16.71B |
| 2023-09-30 | $14.53B |
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.