FJTKX Mutual Fund — Fidelity Freedom 2045 Fund Class K6

Fidelity Freedom 2045 Fund Class K6 (FJTKX)

Updated October 16, 2026.

FJTKX is a Mutual Fund. its distribution rate is 1.33%, its trailing-12-month yield is 6.07%, its expense ratio is 0.45%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 174.5% over the past 9.3 years, 87.7 points behind SPY at 262.2%.

Fidelity Freedom 2045 Fund Class K6 is a mutual fund that invests in a diversified combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. The fund employs a target-date strategy, automatically adjusting its asset allocation over time to become progressively more conservative, reaching a final allocation similar to an income-focused portfolio approximately 10 to 19 years after 2045. It carries a modest expense ratio of 0.45% and displays a moderate current distribution rate, making it suited for long-term investors seeking a hands-off approach to gradually transitioning from growth toward income as they approach or move through retirement.

FJTKX performance versus SPY

Price and return data through 2026-10-16.

Total return is 174.5% over the past 9.3 years, 87.7 points behind SPY at 262.2%. Over the past year its total return — price change plus distributions reinvested — is 16.3%. Its deepest 1-year drawdown was 9.5%.

FJTKX key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

0.93%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

06/01/2006

Expense ratio

0.45%

Distribution rate

1.33%

Distribution frequency

Semi-Annual

Trailing yield

6.07%

Last close

$17.08 (as of 2026-10-16)

NAV

$17.14 as of 2026-09-30; source eodhd (stale)

Premium / discount

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

AUM

$27,911,980,000

Average volume

0.0

Dividend

$0.646

Ex-dividend date

05/08/2026

Payment date

05/11/2026

Beta

1.22

How Dividend Vision calculates yield and returns

Distribution rate (1.33%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.07%) 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.

FJTKX risks and drawbacks

FJTKX'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 9.5%.

Who may consider FJTKX — and who may not

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

More on FJTKX

• All tickers starting with F

Tagged: Mutual Fund.

Frequently asked questions

More securities from Fidelity Investments.