FDEWX Mutual Fund — Fidelity Freedom Index 2055 Fund Investor Class

Fidelity Freedom Index 2055 Fund Investor Class (FDEWX)

Updated October 16, 2026.

FDEWX is a low-cost Mutual Fund. its distribution rate is 1.67%, its trailing-12-month yield is 1.71%, its expense ratio is 0.12%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 322.5% over the past 15.4 years, 353.8 points behind SPY at 676.3%.

Fidelity Freedom Index 2055 Fund Investor Class is a target-date mutual fund that allocates across Fidelity index funds tracking U.S. equities, international equities, bonds, and short-term investments, with a glide path designed for investors targeting a 2055 retirement date. The fund carries a low expense ratio and distributes income at a modest rate. It appeals to long-term investors seeking a hands-off, diversified approach aligned with a specific retirement horizon.

FDEWX performance versus SPY

Price and return data through 2026-10-16.

Total return is 322.5% over the past 15.4 years, 353.8 points behind SPY at 676.3%. Over the past year its total return — price change plus distributions reinvested — is 14.2%. Its deepest 1-year drawdown was 9.1%.

FDEWX key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

1.40%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

06/01/2011

Expense ratio

0.12%

Distribution rate

1.67%

Distribution frequency

Semi-Annual

Trailing yield

1.71%

Last close

$28.24 (as of 2026-10-16)

NAV

$28.86 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$24,915,050,000

Average volume

0.0

Dividend

$0.482

Ex-dividend date

12/30/2025

Payment date

12/31/2025

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (1.67%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.71%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDEWX risks and drawbacks

FDEWX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.1%.

Who may consider FDEWX — and who may not

FDEWX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FDEWX pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Tagged: Mutual Fund.

Frequently asked questions

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