Fidelity Freedom Index 2065 Fund

Fidelity Aberdeen Street Trust · 4 share classes

Target-date 2065 fund
One fund, 4 share classes:FFIKXFFIJXFVIPXFAVVX
$5.75B NAV
5 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 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 Index 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 in a combination of underlying Fidelity index funds tracking U.S. equities, international equities, bonds, and short-term instruments, with the asset allocation adjusting over time according to a glide path that gradually shifts toward a more conservative allocation similar to the Fidelity Freedom Index Retirement Fund, approximately 15 to 20 years after 2065. The fund seeks high total return until its target retirement date in 2065, then transitions to seeking high current income. The adviser may use futures contracts to manage cash flows and maintain full investment.

Expenses
0.04% 0.12%across 4 share classes
Share classExpense ratio
FFIKX0.08%
FFIJX0.12%
FVIPX0.05%
FAVVX0.04%

Portfolio turnover 12.00% · as of 2026 Q2

Allocation

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

100.99%
of net assets
Stocks92.20%
Bonds6.01%
Cash & short-term2.42%
Securitized0.26%
Derivatives0.10%

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
+29.26%+64.41%+56.26%12.05%-9.77%
+29.15%+64.15%+55.86%12.00%-9.77%
+29.29%+64.66%+56.42%12.08%-9.77%
+29.34%12.07%

These classes hold the same portfolio, so the 0.19pp spread over 1 year is the cost difference between them — roughly 0.19pp 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 TrustFCFMX56.06%$3.23B
Fidelity Salem Street TrustFSGEX37.59%$2.16B
Fidelity Salem Street TrustFTLTX5.01%$288.36M
Fidelity Salem Street TrustFIFZX1.04%$59.70M
Fidelity School Street TrustFSTQX0.28%$16.40M
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 99.99% of net assets, top 25 99.99%, 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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