Fidelity Freedom 2020 Fund

Fidelity Aberdeen Street Trust · Series S000004871 · 4 share classes

Target-date fund
One fund, 4 share classes:FFFDXFSNOXFATKXFFOZX
$12.57B NAV
48 positions · as of 2026-06-30 · filed 2026-08-24
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Freedom 2020 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 it approaches and passes its 2020 target retirement date, eventually matching the allocation of the Fidelity Freedom Retirement Fund roughly 15 to 20 years later. The adviser actively adjusts exposures relative to these neutral allocations by up to 10% across major asset classes and may allocate up to 25% in aggregate to other debt and emerging markets strategies. Because the fund's returns depend on the performance of the underlying Fidelity funds it holds, divergence from the neutral glide path allocations will cause results to differ from the target-date strategy.

Expenses
0.28% 0.54%across 4 share classes
Share classExpense ratio
FFFDX0.54%
FSNOX0.48%
FATKX0.28%
FFOZX0.28%

Portfolio turnover 17.00% · as of 2026 Q2

Allocation

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

101.53%
of net assets
Stocks49.12%
Bonds40.41%
Securitized8.40%
Cash & short-term3.29%
3 smaller0.31%

Look-through blends 33 underlying funds; 2.162% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 13 new12 exited

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

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

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+17.71%+37.26%+27.37%7.14%-7.39%
+17.83%+37.46%+27.65%7.18%-7.39%
+18.00%+38.34%+28.69%7.12%-7.34%
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
0.06 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 TrustFSIGX26.82%$3.37B
Fidelity Investment TrustFEMSX6.49%$815.91M
Fidelity Salem Street TrustFSTZX6.43%$808.87M
Fidelity Salem Street TrustFSTDX6.37%$800.68M
Fidelity Hastings Street TrustFGLGX4.90%$616.08M
Fidelity Mt. Vernon Street TrustFCGSX4.82%$606.06M
Fidelity School Street TrustFSTQX4.63%$582.86M
Fidelity Investment TrustFIGSX3.75%$472.24M
Fidelity Investment TrustFSOSX3.66%$459.78M
Fidelity Investment TrustFINVX3.54%$445.45M
Showing 10 of 48Sign in to see more

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 71.42% of net assets, top 25 97.84%, 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.

Sign in free