Fidelity Freedom 2040
FFFFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Sep 6, 2000
- CIK
- 0000880195
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2040 Fund (FFFFX) is an open-end fund of funds managed by Fidelity Management & Research Company LLC that seeks high total return until its target date by investing primarily in a combination of underlying Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds; it follows a neutral target-date asset allocation glide path that gradually shifts toward a more conservative mix similar to the Fidelity Freedom Income Fund approximately 10 to 19 years after 2040. Key underlying holdings include Fidelity Series Growth Company Fund, Fidelity Series Emerging Markets Opportunities Fund, Fidelity Series Large Cap Stock Fund, Fidelity Series International Value Fund, and Fidelity Series International Growth Fund, which together represent about 41% of the portfolio; the fund maintains diversification across U.S. stocks (47%), non-U.S. stocks (37%), U.S. bonds (14%), non-U.S. bonds (4%), and other assets. Launched on September 6, 2000, and domiciled in the United States with net assets of approximately $31.15 billion, the fund operates globally through its underlying investments spanning regions such as the United States, Eurozone, emerging Asia, the United Kingdom, and Canada, targeting retirement savers nearing the 2040 horizon. In recent developments, Finola McGuire Foley and Cait Dourney joined as portfolio managers on May 30, 2025, complementing the existing team of Andrew Dierdorf (since June 2011) and Brett Sumsion (since January 2014); the fund's net expense ratio stands at 0.66% with no front-end or deferred loads. Fidelity Investments, the fund's sponsor headquartered at 245 Summer Street, Boston, Massachusetts, continues to emphasize a disciplined investment process amid quarterly market commentaries noting global equity rallies and constructive economic backdrops in 2025. The fund remains available for sale in the United States with a minimum initial investment of $0, serving individual and institutional investors in the target-date 2040 category.