Fidelity Freedom 2050 Fund

Fidelity Aberdeen Street Trust · Series S000012118 · 4 share classes

Target-date fund
One fund, 4 share classes:FFFHXFNSBXFZTKXFFPFX
$25.76B NAV
50 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 2050 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 according to a glide path that gradually shifts the asset allocation toward a more conservative mix aligned with the Fidelity Freedom Retirement Fund, approximately 15 to 20 years after 2050. 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 other asset classes including high-yield debt, floating rate debt, real estate debt, and emerging markets debt. The fund may also use futures contracts to manage cash flows and remain fully invested.

Expenses
0.37% 0.68%across 4 share classes
Share classExpense ratio
FFFHX0.68%
FNSBX0.65%
FZTKX0.45%
FFPFX0.37%

Portfolio turnover 12.00% · as of 2026 Q2

Allocation

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

100.64%
of net assets
Stocks93.53%
Bonds3.53%
Cash & short-term3.38%
Loans0.12%
3 smaller0.09%

Look-through blends 30 underlying funds; 0.308% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 19 new14 exited

Largest new: Fidelity Salem Street Trust, UST BILLS ×5, CHICAGO BOARD OF TRADE, 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
+33.60%+70.64%+60.39%12.78%-9.61%
+33.58%+70.91%+61.01%12.78%-9.61%
+33.96%+72.09%+62.50%12.84%-9.62%
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 Investment TrustFEMSX11.18%$2.88B
Fidelity Hastings Street TrustFGLGX10.40%$2.68B
Fidelity Mt. Vernon Street TrustFCGSX10.23%$2.64B
Fidelity Investment TrustFIGSX7.56%$1.95B
Fidelity Investment TrustFSOSX7.43%$1.91B
Fidelity Investment TrustFINVX7.18%$1.85B
Fidelity Devonshire TrustFBLEX6.76%$1.74B
Fidelity Devonshire TrustFNKLX6.18%$1.59B
Fidelity ContrafundFVWSX6.12%$1.58B
Fidelity Securities FundFSBDX5.71%$1.47B
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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 78.76% of net assets, top 25 99.16%, across 17 issuers.

See more of this fund's book

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