Fidelity Advisor Freedom 2050 Fund

Fidelity Aberdeen Street Trust · 6 share classes

Target-date 2050 fund
One fund, 6 share classes:FFFYXFFFQXFFFPXFFFLXFVGLXFIJRX
$2.26B NAV
50 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Advisor Freedom 2050 Fund is a target-date 2050 fund.

Asset class
Target-date
Region
United States
Management
Actively managed
Fund type
Open-end fund
Target year
2050
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Advisor Freedom 2050 Fund seeks high total return with a

Strategy · summarised

The fund invests in a mix of Fidelity U.S. equity, international equity, bond, and short-term funds according to a glide path that shifts the allocation progressively toward a more conservative mix, reaching a target allocation approximately 15 to 20 years after 2050. The adviser may actively adjust exposures within each asset class by up to 10% relative to the neutral allocation to reflect market outlook, and may also allocate up to 25% in aggregate to other debt and emerging markets strategies not shown in the glide path. The fund uses futures contracts to manage cash flows and remain fully invested. Because active allocation decisions can cause the fund's holdings to diverge from its neutral glide path, actual returns may differ from those of a static allocation.

Expenses
0.45% 1.68%across 6 share classes
Share classExpense ratio
FFFYX1.68%
FFFQX1.18%
FFFPX0.68%
FFFLX0.93%
FVGLX0.45%
FIJRX0.65%

Portfolio turnover 17.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.66%
of net assets
Stocks93.95%
Bonds3.52%
Cash & short-term2.99%
Loans0.11%
3 smaller0.09%

Look-through blends 30 underlying funds; 0.307% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 19 new13 exited

Largest new: Fidelity Salem Street Trust, UST BILLS ×4, CHICAGO BOARD OF TRADE ×2, CHICAGO MERCANTILE EXCH INC

Largest exited: UST BILLS ×6, CHICAGO BOARD OF TRADE ×2

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+30.00%+30.87%-5.58%12.84%-12.52%
+30.61%-24.67%-70.43%12.79%-42.75%
+31.31%+67.52%+56.04%12.82%-9.68%
+30.93%-54.84%-89.89%12.78%-65.76%
+31.59%+68.81%+58.15%12.87%-9.63%
+31.30%+67.96%+56.80%12.81%-9.69%

These classes hold the same portfolio, so the 148.05pp spread over 5 years is the cost difference between them — roughly 29.61pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 2026-06-30

Avg coupon
0.00%
Avg maturity
0.08 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 Hastings Street TrustFGLGX11.43%$258.19M
Fidelity Investment TrustFEMSX11.19%$252.63M
Fidelity Advisor Series IFMFMX8.10%$182.99M
Fidelity Investment TrustFIGSX7.57%$170.96M
Fidelity Investment TrustFSOSX7.44%$168.08M
Fidelity Investment TrustFINVX7.21%$162.74M
Fidelity ContrafundFVWSX7.12%$160.76M
Fidelity Devonshire TrustFNKLX6.54%$147.63M
Fidelity Devonshire TrustFBLEX6.50%$146.83M
Fidelity Advisor Series IFAOFX5.85%$132.17M
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Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 78.96% of net assets, top 25 99.18%, 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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