Fidelity Freedom Index 2020 Fund

Fidelity Aberdeen Street Trust · 4 share classes

Target-date 2020 fund
One fund, 4 share classes:FPIFXFIWTXFKIPXFATYX
$6.99B NAV
9 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2026 Q2

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

Strategy · summarised

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.

Expenses
0.04% 0.12%across 4 share classes
Share classExpense ratio
FPIFX0.12%
FIWTX0.08%
FKIPX0.05%
FATYX0.04%

Portfolio turnover 16.00% · as of 2026 Q2

Allocation

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

100.64%
of net assets
Bonds48.43%
Stocks41.14%
Securitized8.61%
Cash & short-term2.27%
Derivatives0.19%

Look-through blends 9 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+15.26%+34.21%+25.32%6.56%-7.27%
+15.29%+34.28%+25.38%6.53%-7.27%
+15.39%+34.49%+25.72%6.52%-7.28%
+15.32%6.51%

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.

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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Salem Street TrustFIFZX34.28%$2.40B
Fidelity Concord Street TrustFCFMX24.99%$1.75B
Fidelity Salem Street TrustFSGEX16.81%$1.17B
Fidelity Salem Street TrustFSTZX6.44%$450.14M
Fidelity Salem Street TrustFSTDX6.36%$444.86M
Fidelity School Street TrustFSTQX5.00%$349.85M
Fidelity Salem Street TrustFTLTX2.79%$194.70M
Fidelity Hereford Street TrustFHQFX2.33%$162.64M
Fidelity Oxford Street TrustFCSSX0.89%$61.91M
Showing 9 of 9

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 99.88% of net assets, top 25 99.88%, across 5 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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