Fidelity Freedom Index 2020 Fund
Target-date 2020 fund
As of its 2026 Q2 report, Fidelity Freedom Index 2020 Fund held 9 positions with $6.99B in net assets. Its ten largest holdings made up 99.9% of the fund. The FPIFX share class costs 0.12% a year. Over the 12 months to May 2026, FPIFX returned 15.4%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
Fidelity Freedom Index 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
The fund invests in a combination of underlying Fidelity index funds tracking U.S. equities, international equities, bonds, and short-term instruments, with asset allocations that shift over time according to a glide path, becoming more conservative and moving toward the allocation of the Fidelity Freedom Index Retirement Fund approximately 15 to 20 years after 2020. The adviser may adjust allocations when in shareholders' interests and uses futures contracts to manage cash flows and remain fully invested. The fund is designed for those who retired around 2020 at or near age 65 and may eventually merge into the Fidelity Freedom Index Retirement Fund once allocations align.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
FIFZXFidelity Salem Street Trust | 34.28% | $2.40B | 265.4M | $9.03 |
FCFMXFidelity Concord Street Trust | 24.99% | $1.75B | 71.0M | $24.62 |
FSGEXFidelity Salem Street Trust | 16.81% | $1.17B | 55.9M | $21.00 |
FSTZXFidelity Salem Street Trust | 6.44% | $450.14M | 45.0M | $10.00 |
FSTDXFidelity Salem Street Trust | 6.36% | $444.86M | 58.1M | $7.66 |
FSTQXFidelity School Street Trust | 5.00% | $349.85M | 41.0M | $8.54 |
FTLTXFidelity Salem Street Trust | 2.79% | $194.70M | 36.5M | $5.33 |
FHQFXFidelity Hereford Street Trust | 2.33% | $162.64M | 16.3M | $9.95 |
FCSSXFidelity Oxford Street Trust | 0.89% | $61.91M | 577.5K | $107.21 |
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 9 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%.
| Bonds | 48.43% |
| Stocks | 41.14% |
| Securitized | 8.61% |
| Cash & short-term | 2.27% |
| Derivatives | 0.19% |
Look-through blends 9 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
FPIFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 6.58%. 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 4 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.12% | +15.40% | +38.70% | +26.90% | -7.27% | |
| 0.08% | +15.51% | +38.94% | +27.08% | -7.27% | |
| 0.05% | +15.54% | +39.08% | +27.44% | -7.28% | |
| 0.04% | +15.46% | — | — | — |
These classes hold the same portfolio, so the 0.14pp spread over 1 year is the cost difference between them — roughly 0.14pp a year — not a difference in what they own.
Fees & fund details
Fidelity Freedom Index 2020 Fund is a target-date 2020 fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Target year
- 2020
- Features
- Fund of funds
- Expense ratio, by class
- 0.04% – 0.12%· FPIFX 0.12%
- Portfolio turnover
- 16.00% 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.
0 new
0 exited
Understand how this fund fits with the rest.
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