Fidelity Freedom Index 2050 Fund

Fidelity Aberdeen Street Trust · Series S000026410 · 4 share classes

Target-date fund
One fund, 4 share classes:FIPFXFFOPXFRLPXFAVQX
$31.32B NAV
5 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 Index 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 through 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 along a glide path toward a more conservative mix similar to the Fidelity Freedom Index Retirement Fund, approximately 15 to 20 years after 2050. The fund is designed for those targeting retirement around 2050 at or near age 65.

Expenses
0.04% 0.12%across 4 share classes
Share classExpense ratio
FIPFX0.12%
FFOPX0.08%
FRLPX0.05%
FAVQX0.04%

Portfolio turnover 12.00% · as of 2026 Q2

Allocation

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

100.97%
of net assets
Stocks90.06%
Bonds7.82%
Cash & short-term2.37%
Securitized0.59%
Derivatives0.12%

Look-through blends 5 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
+29.05%+64.08%+55.75%11.96%-9.77%
+29.08%+64.11%+55.94%11.91%-9.74%
+29.12%+64.37%+56.21%11.95%-9.79%
+29.17%11.95%

These classes hold the same portfolio, so the 0.11pp spread over 1 year is the cost difference between them — roughly 0.11pp 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 Concord Street TrustFCFMX54.76%$17.15B
Fidelity Salem Street TrustFSGEX36.73%$11.50B
Fidelity Salem Street TrustFTLTX4.98%$1.56B
Fidelity Salem Street TrustFIFZX2.35%$735.72M
Fidelity School Street TrustFSTQX1.17%$366.84M
Showing 5 of 5

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 99.98% of net assets, top 25 99.98%, across 3 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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