Fidelity Advisor Freedom 2050 Fund

Shareclass
Fidelity Advisor Freedom 2050 I (FFFPX)
Type
Open-end mutual fund
Target date
Fidelity Advisor Freedom Series
Prison industrial complex grade: One or more holdings were flagged as private prison operators by our prison industrial complex screen. Assigned a grade of F.
F
$165.85 MILLION
Prison industrial complex
82
flagged holdings
8.4%
of assets flagged
Data as of 30 Sep 2024
Flagged investments:
$165.85 MILLION, 8.4% of assets
Higher risk:
$16.66 MILLION, 0.84% of assets
 Private prison operators:
$265, <0.01% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
49
holdings
$106.78M
invested
5.41%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
55
holdings
$139.46M
invested
7.06%
of portfolio
This fund is invested in the following private prison operator companies:
CoreCivicGeoGroupSercoMITIE Group
All flagged holdings
82 holdings
82 holdings
  • 1.  
    Microsoft Corp
    Prison industryBorder industry
    $50.07M
    2.53%
  • 2.  
    Amazon.com Inc
    Prison industryBorder industry
    $19.66M
    1%
  • 3.  
    Alphabet Inc Class A
    Border industry
    $13.93M
    0.71%
  • 4.  
    Alphabet Inc Class C
    Border industry
    $11.55M
    0.58%
  • 5.  
    Berkshire Hathaway Inc Class A
    Prison industry
    $7.01M
    0.36%
Higher risk
Private prison operator
See all
Fidelity Advisor Freedom 2050 Fund $FFFPX is 8.4% ($165.85 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on FFFPX at Morningstar.com
Current fund
FFFPX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.27% less in annualized returns
More invested in private prison operators 
<0.01% more invested
Less invested in higher risk companies, prison industry 
0.25% less invested
Less invested in higher risk companies, border industry 
0.75% less invested
Less invested in higher risk companies 
0.73% less invested
Less invested in all screened prison industry companies 
9.4% less invested
Less invested in all screened border industry companies 
10.82% less invested
Less invested in all screened companies 
13.94% less invested
Current fund
FFFPX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.27% less in annualized returns
More invested in private prison operators 
<0.01% more invested
Less invested in higher risk companies, prison industry 
0.25% less invested
Less invested in higher risk companies, border industry 
0.75% less invested
Less invested in higher risk companies 
0.73% less invested
Less invested in all screened prison industry companies 
9.4% less invested
Less invested in all screened border industry companies 
10.82% less invested
Less invested in all screened companies 
13.94% less invested
Current fund
FFFPX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.27% less in annualized returns
More invested in private prison operators 
<0.01% more invested
Less invested in higher risk companies, prison industry 
0.25% less invested
Less invested in higher risk companies, border industry 
0.75% less invested
Less invested in higher risk companies 
0.73% less invested
Less invested in all screened prison industry companies 
9.4% less invested
Less invested in all screened border industry companies 
10.82% less invested
Less invested in all screened companies 
13.94% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
FFFPX - Fidelity Advisor Freedom 2050 Fund
31%
3.62%
9.99%
8.7%
<0.01% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
0% 
Fund compared to benchmark
 
-7.05%
-5.43%
-5.25%
-4.27%
<0.01%  higher
Find more financial data on FFFPX at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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