FHTKX Mutual Fund — Fidelity Freedom 2040 Fund Class K6

Fidelity Freedom 2040 Fund Class K6 (FHTKX)

Updated October 16, 2026.

FHTKX is a Mutual Fund. its distribution rate is 1.48%, its trailing-12-month yield is 6.64%, its expense ratio is 0.42%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 164.2% over the past 9.3 years, 98.0 points behind SPY at 262.2%.

Fidelity Freedom 2040 Fund Class K6 is a mutual fund that invests across Fidelity U.S. equity, international equity, bond, and short-term funds with a target-date strategy designed for investors planning to retire around 2040. The fund employs a neutral asset allocation that automatically shifts toward a more conservative posture as it approaches and passes its target year, with an expense ratio of 0.42%. The fund currently offers a high distribution rate and appeals to retirement-focused investors seeking a hands-off approach to gradually reducing portfolio risk over time.

FHTKX performance versus SPY

Price and return data through 2026-10-16.

Total return is 164.2% over the past 9.3 years, 98.0 points behind SPY at 262.2%. Over the past year its total return — price change plus distributions reinvested — is 14.3%. Its deepest 1-year drawdown was 8.7%.

FHTKX key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

1.04%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

09/06/2000

Expense ratio

0.42%

Distribution rate

1.48%

Distribution frequency

Semi-Annual

Trailing yield

6.64%

Last close

$14.16 (as of 2026-10-16)

NAV

$14.34 as of 2026-09-30; source eodhd (stale)

Premium / discount

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

AUM

$36,839,490,000

Average volume

0.0

Dividend

$0.549

Ex-dividend date

05/08/2026

Payment date

05/11/2026

Beta

1.16

How Dividend Vision calculates yield and returns

Distribution rate (1.48%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.64%) 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.

FHTKX risks and drawbacks

FHTKX'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 8.7%.

Who may consider FHTKX — and who may not

It is a weaker fit for investors who need monthly cash flow (FHTKX 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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