Fidelity Freedom 2065 Fund

Fidelity Aberdeen Street Trust · 4 share classes

Target-date 2065 fund
One fund, 4 share classes:FFSFXFFSZXFFSDXFFPKX
$3.56B NAV
48 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Freedom 2065 Fund is a target-date 2065 fund.

Asset class
Target-date
Region
United States
Management
Actively managed
Fund type
Open-end fund
Target year
2065
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

Fidelity Freedom 2065 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 primarily through a combination of underlying Fidelity equity, bond, and short-term funds, with asset allocations that shift over time along a glide path toward a more conservative mix similar to the Fidelity Freedom Retirement Fund, approximately 15 to 20 years after 2065. 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. Because active allocation decisions drive returns alongside the glide path, actual holdings will diverge from the neutral allocations shown in the fund's strategy.

Expenses
0.37% 0.68%across 4 share classes
Share classExpense ratio
FFSFX0.68%
FFSZX0.45%
FFSDX0.65%
FFPKX0.37%

Portfolio turnover 11.00% · as of 2026 Q2

Allocation

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

100.69%
of net assets
Stocks95.55%
Cash & short-term3.43%
Bonds1.48%
Loans0.12%
3 smaller0.11%

Look-through blends 29 underlying funds; 0.303% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 18 new14 exited

Largest new: Fidelity Salem Street Trust, CHICAGO BOARD OF TRADE ×2, UST BILLS ×5

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

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+33.82%+70.90%+60.62%13.00%-9.63%
+34.12%+72.21%+62.73%12.95%-9.59%
+33.86%+71.27%+61.31%13.02%-9.69%
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
0.07 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 TrustFEMSX11.43%$406.56M
Fidelity Hastings Street TrustFGLGX10.63%$377.96M
Fidelity Mt. Vernon Street TrustFCGSX10.47%$372.47M
Fidelity Investment TrustFIGSX7.77%$276.34M
Fidelity Investment TrustFSOSX7.63%$271.17M
Fidelity Investment TrustFINVX7.38%$262.55M
Fidelity Devonshire TrustFBLEX6.91%$245.79M
Fidelity Devonshire TrustFNKLX6.32%$224.86M
Fidelity ContrafundFVWSX6.25%$222.40M
Fidelity Securities FundFSBDX5.85%$207.99M
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 80.65% of net assets, top 25 99.39%, 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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