Fidelity Freedom 2035 Fund
FFTHX
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
- Jan 8, 2003
- CIK
- 0000880195
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Freedom 2035 Fund (FFTHX) is a target-date mutual fund that seeks high total return until its target retirement date around 2035, after which it transitions toward current income and lower volatility by following a predefined glide path that gradually shifts allocations toward fixed-income assets similar to those in the Fidelity Freedom Income Fund approximately 10 to 19 years post-target date. Launched on November 6, 2003, and domiciled in the United States with headquarters in Boston, Massachusetts as part of Fidelity Investments, the fund primarily invests in a diversified mix of underlying Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds; key holdings encompass the Fidelity Series Investment Grade Bond Fund (approximately 16%), Fidelity Series Emerging Markets Opportunities Fund (about 8%), Fidelity Series Growth Company Fund (around 7%), Fidelity Series Large Cap Stock Fund (roughly 7%), and Fidelity Series International Value Fund (near 6%), with overall asset allocation typically comprising 38% U.S. stocks, 32% non-U.S. stocks, 27% U.S. bonds, 6% non-U.S. bonds, and minor cash or other exposures. It targets investors expecting to retire in or around 2035 at approximately age 65, serving individual and institutional clients primarily in the U.S. market across the target-date 2035 category, with a net expense ratio of 0.64% and total net assets exceeding $30 billion. Portfolio management is led by Andrew Dierdorf since June 2011, Brett Sumsion since January 2014, and new co-managers Finola McGuire Foley and Cait Dourney since May 30, 2025, with Fidelity Management & Research Company (FMR) serving as the adviser. Recent strategic updates include adjustments to asset allocations highlighted in the Q3 2025 commentary, reflecting ongoing glide path implementation amid positive economic outlooks, alongside routine portfolio rebalancing to maintain diversification across sectors like technology (15%), financial services (14%), and industrials (10%), and regions including the U.S. (38%), Eurozone (7%), and emerging Asia (5%). The fund maintains no front-end or deferred loads, with daily pricing and availability through various retirement accounts such as IRAs.