FFPDX Mutual Fund — Fidelity Freedom 2040 Fund - Premier Class

Fidelity Freedom 2040 Fund - Premier Class (FFPDX)

Updated October 15, 2026.

FFPDX is a Mutual Fund. its trailing-12-month yield is 3.84%, its expense ratio is 0.37%. Total return is 5.8% over the past 0.7 years, 6.3 points behind SPY at 12.1%.

Fidelity Freedom 2040 Fund – Premier Class is a mutual fund that invests across Fidelity-managed U.S. equity, international equity, bond, and money market funds using a target-date strategy. The fund follows a neutral asset allocation that gradually shifts over time, eventually becoming more conservative and moving toward an allocation similar to the Fidelity Freedom Income Fund roughly 10 to 19 years after 2040. It carries an expense ratio of 0.37% and does not maintain a regular distribution schedule, though special distributions may occur; the fund appeals primarily to long-term investors saving for retirement around 2040.

FFPDX performance versus SPY

Price and return data through 2026-10-15.

Total return is 5.8% over the past 0.7 years, 6.3 points behind SPY at 12.1%.

FFPDX key facts

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.37%

Trailing yield

3.84%

Last close

$14.28 (as of 2026-10-15)

NAV

$13.63 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-15, NAV 2026-09-30) (NAV stale)

AUM

$34,644,869,120

Average volume

0.0

Dividend

$0.549

Ex-dividend date

05/08/2026

Beta

1.16

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.84%) 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.

FFPDX risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FFPDX — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FFPDX

• All tickers starting with F

Tagged: Mutual Fund.

Frequently asked questions

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