Fidelity Freedom Index 2040 Fund
Fidelity Aberdeen Street Trust · Series S000026419 · 4 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2026 Q2
Fidelity Freedom Index 2040 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
The fund invests through 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 2040. The fund is designed for those anticipating retirement around 2040 and continues to pursue high total return for several years beyond that target date.
| Share class | Expense ratio |
|---|---|
| FBIFX | 0.12% |
| FFIZX | 0.08% |
| FPIPX | 0.05% |
| FAVOX | 0.04% |
Portfolio turnover 13.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 99.95% |
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — |
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
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Fidelity Concord Street Trust | 48.32% | $14.72B | 690.6M |
| — | Fidelity Salem Street Trust | 31.04% | $9.45B | 507.7M |
| — | Fidelity Salem Street Trust | 12.71% | $3.87B | 427.3M |
| — | Fidelity Salem Street Trust | 4.88% | $1.48B | 278.6M |
| — | Fidelity School Street Trust | 3.00% | $912.88M | 107.8M |
Top 10 positions are 99.95% of net assets, top 25 99.95%, across 3 issuers.
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