FTAFX Fees and Costs — Fidelity Advisor Freedom Retirement Fund, Class M
Data updated: 2026-08-24
The net expense ratio is 0.96%: a 0.46% 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 $3K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 22%.
FTAFX Fees and Expenses
Annual operating expenses and sales charges of FTAFX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| 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 |
FTAFX Costs Over Time
On $10,000 invested in FTAFX, assuming 5% a year before costs, total costs come to $1,027 over 5 years, cutting the return by 1.75% 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 0.96%) | $97 | $304 | $527 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $17 | $70 | $150 |
| Total costs | $465 | $724 | $1,027 |
| Value after costs | $10,035 | $10,852 | $11,735 |
| Impact on return, per year | 4.65% | 2.24% | 1.75% |
FTAFX 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): 0.0012%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $2.5M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
FTAFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $2K | 65.08% |
| JPMORGAN CHASE and CO | $330 | 12.13% |
| GOLDMAN SACHS GROUP INC (THE) | $275 | 10.09% |
| BARCLAYS PLC | $116 | 4.26% |
| UBS GROUP AG | $111 | 4.07% |
| BANK OF AMERICA CORPORATION | $87 | 3.21% |
| ROYAL BANK OF CANADA | $32 | 1.16% |
FTAFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $1.2M | 46.48% |
| NOMURA HOLDINGS INC | $713K | 28.13% |
| JEFFERIES FINANCIAL GROUP INC | $277K | 10.94% |
| CITIGROUP INC | $218K | 8.59% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $69K | 2.73% |
| BANK OF MONTREAL QUE | $50K | 1.95% |
| DEUTSCHE BANK AG | $30K | 1.17% |
Fidelity Advisor Freedom Retirement Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FEGLX | Class K6 | 0.24% | — |
| FIJUX | Class Z | 0.42% | none |
| FIAFX | Class I | 0.46% | none |
| FAFAX | Class A | 0.71% | 5.75% |
| FTAFX | Class M | 0.96% | 3.50% |
| FCAFX | Class C | 1.46% | 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.