Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
Fidelity VIP Freedom® 2015 SC2
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 116
Target-Date 2015 Funds
Morningstar®
Style Box™
What is this?
As of 2022-04-30
As of 2022-04-30
Total Fund Assets ($ Mil)
75.32
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.
The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser allocates assets according to a neutral asset allocation strategy that adjusts over time until it reaches an allocation similar to that of the VIP Freedom Income Portfolio℠, approximately 10 to 19 years after the year 2015.
  Morningstar Category: Target-Date 2015
Target-date portfolios provide diversified exposure to stocks, bonds, and cash for those investors who have a specific date in mind (in this case, the years 2011-2015) for retirement. These portfolios aim to provide investors with an optimal level of return and risk, based solely on the target date. Management adjusts the allocation among asset classes to more-conservative mixes as the target date approaches, following a preset glide path. A target-date portfolio is part of a series of funds offering multiple retirement dates to investors. 
  Investment Risks
Fund of Funds: An investment option with mutual funds in its portfolio may be subject to the expenses of those mutual funds in addition to those of the investment option itself.
  Target Asset Allocation
Glide Path
Allocation
Bonds
US Stocks
Non-US Stocks
Cash
Other
Years Until Retirement
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 16.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 21.3
Bullet Bonds Bonds 48.2
Bullet Cash Cash 13.8
Bullet Other Other 0.7
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 36.27
Basic Materials 6.79
Consumer Cyclical 10.05
Financial Services 17.90
Real Estate 1.53
Sensitive 42.72
Communication Services 6.93
Energy 5.35
Industrials 12.36
Technology 18.08
Defensive 21.01
Consumer Defensive 6.87
Healthcare 12.58
Utilities 1.56
Data through 2022-04-30
Morningstar Fixed-Income Sectors
% Fund
Government 47.34
Corporate 18.27
Securitized 11.93
Municipal 0.41
Cash & Equivalents 22.03
Other 0.01
Data through 2022-04-30
Credit Analysis
% Bonds
AAA 73.81
AA 2.32
A 7.42
BBB 13.68
BB 2.55
B 1.78
Below B 0.51
Not Rated -2.06
Data through 2022-04-30
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 91.08
Turnover % (as of 2021-12-31) 43.00
30 Day SEC Yield % ---
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
Fidelity® VIP Investment Grade Bd Init --- USA --- 23,216 30.53
Fidelity® Inflation-Prot Bd Index --- USA --- 10,104 13.29
Fidelity® VIP Overseas Initial --- USA --- 9,886 13.00
Fidelity® VIP Emerging Markets Initial --- USA --- 6,888 9.06
Fidelity® VIP Government Money Mkt Init --- USA --- 6,839 9.00
Fidelity® VIP Growth & Income Initial --- USA --- 2,923 3.84
Fidelity® VIP Equity-Income Initial --- USA --- 2,588 3.40
Fidelity® VIP Growth Initial --- USA --- 2,391 3.14
Fidelity® VIP Contrafund Initial --- USA --- 2,328 3.06
Fidelity® Long-Term Trs Bd Index --- USA --- 2,099 2.76
Data through 2022-04-30
  Principal Risks   
Inflation-Protected Securities, Prepayment (Call), Foreign Securities, Loss of Money, Not FDIC Insured, Index Correlation/Tracking Error, Issuer, Interest Rate, Market/Market Volatility, Equity Securities, Underlying Fund/Fund of Funds, Leverage, Management, Passive Management, Target Date
Show Risk Definitions
  Other Information
Inception Date: 2005-04-26
Portfolio Manager(s)
Andrew J Dierdorf   (2011-06-30)
Andrew Dierdorf is co-manager of each fund, which he has managed since October 2009 (other than Fidelity Freedom® Index 2055 Fund, Fidelity Freedom® Index 2060 Fund, and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2055 Fund since June 2011, Fidelity Freedom® Index 2060 Fund since August 2014, and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Dierdorf has worked as a portfolio manager.
Brett F. Sumsion   (2014-01-21)
Brett Sumsion is co-manager of each fund, which he has managed since January 2014 (other than Fidelity Freedom® Index 2060 Fund and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2060 Fund since August 2014 and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2014, Mr. Sumsion has worked as a portfolio manager. Mr. Sumsion earned his bachelor of arts degree from Brigham Young University and his MBA from The Wharton School at the University of Pennsylvania. He is a CFA charterholder.
Investment Advisor(s)
Fidelity Management & Research Company LLC
Issuer
Fidelity Investments
Subadvisor(s)
---
Show Data Definitions

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