Prison Free Funds
Mutual fund
Fidelity Freedom® 2050 Fund
Ticker FNSBX
Fund manager
Fidelity Investments
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.
How we track investments in the prison industrial complex
F
$1.46 BILLION
Prison industrial complex
63
flagged holdings
9.88%
of assets flagged
Data as of 6/30/22
Flagged investments:
$1.46 BILLION, 9.88% of assets
Higher risk:
$140.76 MILLION, 0.95% of assets
 Private prison operators:
$336,082, <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
34
holdings
$992.04M
invested
6.73%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
52
holdings
$1.21B
invested
8.18%
of portfolio
This fund is invested in the following private prison operator companies:
MITIE Group
All flagged holdings
63 holdings
63 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $218.8M
    1.48%
  • 2.  Alphabet Inc Class A
    Border industry
    $151.54M
    1.03%
  • 3.  Amazon.com Inc
    Prison industryBorder industry
    $132.38M
    0.9%
  • 4.  Wells Fargo & Co
    Prison industryBorder industry
    $113.4M
    0.77%
  • 5.  Bank of America Corp
    Prison industryBorder industry
    $93.75M
    0.64%
Higher risk
Private prison operator
See all
Fidelity Freedom® 2050 Fund $FNSBX has $1.46 BILLION invested in 63 companies involved in the prison industrial complex, amounting to 9.88% of fund assets
Tweet 
Invest Your Values
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Fidelity Freedom® 2050 Fund [FNSBX]
Basic 
 Expanded

Environment report card

Social report card

Search more funds
Financial performance
Performance data provided byMorningstarFind more financial data on FNSBX at Morningstar.com
Current fund
FNSBX
Fidelity Freedom® 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-4.51% less in annualized returns
More invested in private prison operators 
<0.01% more invested
More invested in higher risk companies, prison industry 
0.02% more invested
Less invested in higher risk companies, border industry 
0.6% less invested
Less invested in higher risk companies 
0.51% less invested
Less invested in all screened prison industry companies 
9.48% less invested
Less invested in all screened border industry companies 
12.5% less invested
Less invested in all screened companies 
14.3% less invested
Current fund
FNSBX
Fidelity Freedom® 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-4.51% less in annualized returns
More invested in private prison operators 
<0.01% more invested
More invested in higher risk companies, prison industry 
0.02% more invested
Less invested in higher risk companies, border industry 
0.6% less invested
Less invested in higher risk companies 
0.51% less invested
Less invested in all screened prison industry companies 
9.48% less invested
Less invested in all screened border industry companies 
12.5% less invested
Less invested in all screened companies 
14.3% less invested
Current fund
FNSBX
Fidelity Freedom® 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-4.51% less in annualized returns
More invested in private prison operators 
<0.01% more invested
More invested in higher risk companies, prison industry 
0.02% more invested
Less invested in higher risk companies, border industry 
0.6% less invested
Less invested in higher risk companies 
0.51% less invested
Less invested in all screened prison industry companies 
9.48% less invested
Less invested in all screened border industry companies 
12.5% less invested
Less invested in all screened companies 
14.3% less invested
Month-end trailing returns  
Performance as of date: 7/31/22
Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
FNSBX - Fidelity Freedom® 2050 Fund
-12.31%
8.52%
7.56%
9.24%
<0.01% 
Benchmark
IVV - iShares Core S&P 500 ETF
-4.67%
13%
13%
14%
0% 
Fund compared to benchmark
 
-7.64%
-4.81%
-5.23%
-4.51%
<0.01%  higher
Find more financial data on FNSBX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
Use our toolkit
Find sustainable funds that are prison industrial complex-free
Find clean funds
Visit Fossil Free Funds to see this fund's exposure to fossil fuel companies and companies with high carbon footprints
See climate risk
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco:
Fossil Free Funds
Fossil Free Funds
Deforestation Free Funds
Deforestation Free Funds
Gender Equality Funds
Gender Equality Funds
Gun Free Funds
Gun Free Funds
Prison Free Funds
Prison Free Funds
Weapon Free Funds
Weapon Free Funds
Tobacco Free Funds
Tobacco Free Funds
Learn more about Invest Your Values
Legal  |  Contact
DISCLAIMER: As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations. See our full disclaimer
Copyright © 2022 As You Sow