Fidelity Freedom Index 2045 Fund

Fidelity Aberdeen Street Trust · Series S000026409 · 4 share classes

Equity fund · 100% stocks
One fund, 4 share classes:FIOFXFFOLXFQIPXFAVPX
$27.92B NAV
5 positions · as of 2026-03-31 · filed 2026-05-26
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Freedom Index 2045 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 combination of underlying Fidelity index funds tracking U.S. equities, international equities, bonds, and short-term instruments, with asset allocations that shift over time along a glide path toward a more conservative mix similar to the Fidelity Freedom Index Retirement Fund, approximately 15 to 20 years after 2045. The fund may also use futures contracts to manage cash flows and maintain full investment. Because the fund's allocations adjust according to a predetermined glide path rather than active security selection, the fund's returns will track the performance of its underlying index funds and their target indexes.

Expenses
0.04% 0.12%across 4 share classes
Share classExpense ratio
FIOFX0.12%
FFOLX0.08%
FQIPX0.05%
FAVPX0.04%

Portfolio turnover 11.00% · as of 2026 Q2

Allocation

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

99.97%
of net assets
Stocks99.97%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 0 new0 exited

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.

Holdings

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

Issuer%NAVValue
Fidelity Concord Street Trust54.46%$15.20B
Fidelity Salem Street Trust34.97%$9.76B
Fidelity Salem Street Trust4.99%$1.39B
Fidelity Salem Street Trust4.17%$1.16B
Fidelity School Street Trust1.38%$385.70M
Showing 5 of 5

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 99.97% of net assets, top 25 99.97%, across 3 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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