Fidelity Freedom 2025 Fund

Fidelity Aberdeen Street Trust · Series S000004872 · 4 share classes

Equity fund · 99% stocks
One fund, 4 share classes:FFTWXFSNPXFDTKXFFPAX
$19.23B NAV
47 positions · as of 2026-03-31 · filed 2026-05-26
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Freedom 2025 Fund seeks high total return until its target retirement date. Thereafter the fund's objective will be to seek high current income and, as a

Strategy · summarised

The fund invests in a mix of Fidelity U.S. equity, international equity, bond, and short-term funds, with the asset allocation shifting progressively toward a more conservative mix as the target retirement date of 2025 approaches and passes, eventually matching the allocation of the Fidelity Freedom Retirement Fund approximately 15 to 20 years after 2025. The adviser actively adjusts exposures relative to neutral allocations by up to 10% across major asset classes and may allocate up to 25% in aggregate to alternative asset classes including high-yield debt, floating rate debt, real estate debt, and emerging markets debt. Because the fund invests through underlying Fidelity funds rather than holding securities directly, its performance depends on the performance of those underlying funds.

Expenses
0.31% 0.58%across 4 share classes
Share classExpense ratio
FFTWX0.58%
FSNPX0.51%
FDTKX0.31%
FFPAX0.31%

Portfolio turnover 18.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.93%
of net assets
Stocks99.47%
Cash & short-term0.26%
Bonds0.25%
Derivatives-0.05%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 14 new10 exited

Largest new: UST BILLS ×5, CHICAGO BOARD OF TRADE ×2, CHICAGO MERCANTILE EXCH INC

Largest exited: Fidelity Salem Street Trust, UST BILLS ×3, CHICAGO BOARD OF TRADE ×2, CHICAGO MERCANTILE EXCH INC ×2

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31

Avg coupon
0.00%
Avg maturity
0.07 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Salem Street Trust24.33%$4.68B
Fidelity Salem Street Trust9.21%$1.77B
Fidelity Investment Trust6.36%$1.22B
Fidelity Mt. Vernon Street Trust5.62%$1.08B
Fidelity Hastings Street Trust5.60%$1.08B
Fidelity School Street Trust4.82%$926.79M
Fidelity Investment Trust4.43%$851.56M
Fidelity Investment Trust4.37%$839.61M
Fidelity Investment Trust4.31%$828.43M
Fidelity Devonshire Trust3.72%$715.41M
Showing 10 of 47Sign in to see more

Top 10 positions are 72.76% of net assets, top 25 98.38%, across 17 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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