# Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fbifx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Multi-Asset - Strategy: Thematic · Inception: 2009-10-05 The investment seeks high total return until its target retirement date; thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index. ## Key Facts | Metric | Value | |---|---| | Price | $31.35 | | Expense Ratio | 0.12% | | Assets Under Management | $35.42B | | NAV | $31.35 | | Holdings Count | — | | Distribution Yield (TTM) | 2.25% | | Annual Distribution (TTM) | $0.71 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $27.81 – $32.42 | | Beta | 1.16 | ## Latest Distribution - Amount: $0.1080 /share - Ex-date: 2026-05-08 - Pay date: 2026-05-11 ## Frequently Asked Questions ### What does FBIFX invest in? The investment seeks high total return until its target retirement date; thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index. ### What is the expense ratio of FBIFX? Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FBIFX's dividend yield? FBIFX's trailing-twelve-month yield is 2.25%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FBIFX? Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX) manages $35.42B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FBIFX actively managed or an index fund? FBIFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FBIFX launched? Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX) launched in October 2009 and is managed by Fidelity. ### Does FBIFX pay a dividend? Yes, Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.25%. Full dividend history is on this page. ### How often does FBIFX pay dividends? Fidelity Freedom Index 2040 Fund - Investor Class pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FBIFX's next ex-dividend date? The most recently announced ex-dividend date for FBIFX was 2026-05-08. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FBIFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.12% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FBIFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FBIFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FBIFX cost more than a fund like VOO? FBIFX's strategy (current expense ratio 0.12%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FBIFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FBIFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FBIFX (0.12%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fbifx - Distribution history: https://www.dividenddata.com/funds/fbifx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fbifx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fbifx/expenses - Peer comparison: https://www.dividenddata.com/funds/fbifx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.