Fidelity Freedom Blend 2040 Fund
Target-date 2040 fund
As of its 2026 Q2 report, Fidelity Freedom Blend 2040 Fund held 51 positions with $5.33B in net assets. Its ten largest holdings made up 76.6% of the fund. The FHHDX share class costs 0.27% a year. Over the 12 months to May 2026, FHHDX returned 27.7%, with dividends reinvested. In 2026 Q2 it added 20 new positions and exited 17.
Fidelity Freedom Blend 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 in a mix of Fidelity U.S. equity, international equity, bond, and short-term funds—some actively managed and others tracking indexes—with asset allocations that shift over time along a glide path, becoming more conservative as the target retirement date of 2040 approaches and continuing to adjust for approximately 15 to 20 years thereafter. The adviser may actively overweight or underweight asset classes by up to 10% relative to the neutral allocations to reflect its market outlook, and may also allocate up to 25% in aggregate to other asset classes such as high-yield debt, floating rate debt, and emerging markets debt. Because the fund's returns depend on the performance of its underlying Fidelity funds and the adviser's active allocation decisions, results will diverge from any single benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
FIOOXFidelity Salem Street Trust | 13.80% | $735.17M | 34.7M | $21.18 |
FSBDXFidelity Securities Fund | 11.30% | $601.80M | 22.1M | $27.24 |
FEMSXFidelity Investment Trust | 10.53% | $560.64M | 17.4M | $32.14 |
FGLGXFidelity Hastings Street Trust | 7.39% | $393.73M | 13.3M | $29.52 |
FHOFXFidelity Salem Street Trust | 7.02% | $374.04M | 12.0M | $31.28 |
FIGSXFidelity Investment Trust | 5.98% | $318.62M | 14.8M | $21.57 |
FSOSXFidelity Investment Trust | 5.86% | $312.27M | 19.3M | $16.19 |
FINVXFidelity Investment Trust | 5.68% | $302.71M | 18.1M | $16.74 |
FNKLXFidelity Devonshire Trust | 4.91% | $261.58M | 14.0M | $18.66 |
FTLTXFidelity Salem Street Trust | 4.11% | $219.05M | 41.1M | $5.33 |
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.
All 51 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 84.04% |
| Bonds | 12.35% |
| Cash & short-term | 2.66% |
| Securitized | 1.60% |
| 3 smaller | 0.22% |
Look-through blends 31 underlying funds; 0.056% of NAV was not looked through and stays direct-classified.
How it has done
FHHDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.22%. Past returns are a record, not a forecast.
Jun 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.
The 10 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.27% | +27.69% | +70.69% | +55.70% | -9.68% | |
| 0.37% | +27.66% | +70.37% | +55.01% | -9.72% | |
| — | — | — | — | — | |
| 0.37% | +27.66% | +70.39% | +55.12% | -9.71% | |
| 0.47% | +27.53% | +69.86% | +54.30% | -9.67% | |
| 1.47% | +26.28% | +65.68% | +48.23% | -9.98% | |
| 0.97% | +26.93% | +67.34% | +50.59% | -9.74% | |
| 0.72% | +27.19% | +68.58% | +52.41% | -9.82% | |
| 0.47% | +27.52% | +69.80% | +54.28% | -9.75% | |
| 0.20% | +27.82% | +71.11% | +56.18% | -9.61% |
Fees & fund details
Fidelity Freedom Blend 2040 Fund is a target-date 2040 fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Target year
- 2040
- Features
- Fund of funds
- Expense ratio, by class
- 0.20% – 1.47%· FHHDX 0.27%
- Portfolio turnover
- 18.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
20 new· the largest 4
17 exited· the largest 3
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
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