# EDGAR Filing Document

**Accession Number:** 0000880195
**File Stem:** 0000880195-25-000969
**Filing Date:** 2025-11
**Character Count:** 747097
**Document Hash:** 9a34ba6a6d03db0404573c5bd4a9ff8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000880195-25-000969.hdr.sgml**: 20251120

**ACCESSION NUMBER**: 0000880195-25-000969

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 87

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251120

**DATE AS OF CHANGE**: 20251120

**EFFECTIVENESS DATE**: 20251120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY ABERDEEN STREET TRUST
- **CENTRAL INDEX KEY:** 0000880195

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06440
- **FILM NUMBER:** 251501763

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY INSTITUTIONAL INVESTORS TRUST
- **DATE OF NAME CHANGE:** 19920811

## Series and Classes Contracts Data

### Fidelity Freedom 2010 Fund (Series ID: S000004869)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013191 | Fidelity Freedom 2010 Fund | FFFCX           |
| C000179003 | Class K                    | FSNKX           |
| C000182205 | Class K6                   | FOTKX           |

### Fidelity Freedom 2015 Fund (Series ID: S000004870)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013192 | Fidelity Freedom 2015 Fund | FFVFX           |
| C000179004 | Class K                    | FSNLX           |
| C000182206 | Class K6                   | FPTKX           |

### Fidelity Freedom 2020 Fund (Series ID: S000004871)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013193 | Fidelity Freedom 2020 Fund | FFFDX           |
| C000179005 | Class K                    | FSNOX           |
| C000182207 | Class K6                   | FATKX           |

### Fidelity Freedom 2025 Fund (Series ID: S000004872)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013194 | Fidelity Freedom 2025 Fund | FFTWX           |
| C000179006 | Class K                    | FSNPX           |
| C000182208 | Class K6                   | FDTKX           |

### Fidelity Freedom 2030 Fund (Series ID: S000004873)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013195 | Fidelity Freedom 2030 Fund | FFFEX           |
| C000179007 | Class K                    | FSNQX           |
| C000182209 | Class K6                   | FGTKX           |

### Fidelity Freedom 2035 Fund (Series ID: S000004874)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013196 | Fidelity Freedom 2035 Fund | FFTHX           |
| C000179008 | Class K                    | FSNUX           |
| C000182210 | Class K6                   | FWTKX           |

### Fidelity Freedom 2040 Fund (Series ID: S000004875)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000013197 | Fidelity Freedom 2040 Fund | FFFFX           |
| C000179009 | Class K                    | FSNVX           |
| C000182211 | Class K6                   | FHTKX           |

### Fidelity Freedom Retirement Fund (Series ID: S000004876)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000013198 | Fidelity Freedom Retirement Fund | FFFAX           |
| C000179010 | Class K                          | FNSHX           |
| C000182212 | Class K6                         | FYTKX           |

### Fidelity Freedom 2045 Fund (Series ID: S000012117)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000033048 | Fidelity Freedom 2045 Fund | FFFGX           |
| C000179011 | Class K                    | FSNZX           |
| C000182221 | Class K6                   | FJTKX           |

### Fidelity Freedom 2050 Fund (Series ID: S000012118)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000033049 | Fidelity Freedom 2050 Fund | FFFHX           |
| C000179012 | Class K                    | FNSBX           |
| C000182222 | Class K6                   | FZTKX           |

### Fidelity Freedom 2055 Fund (Series ID: S000032801)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000101224 | Fidelity Freedom 2055 Fund | FDEEX           |
| C000179013 | Class K                    | FNSDX           |
| C000182226 | Class K6                   | FCTKX           |

### Fidelity Freedom 2060 Fund (Series ID: S000046197)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000144492 | Fidelity Freedom 2060 Fund | FDKVX           |
| C000179014 | Class K                    | FNSFX           |
| C000182228 | Class K6                   | FVTKX           |

### Fidelity Freedom 2065 Fund (Series ID: S000065624)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000212318 | Fidelity Freedom 2065 Fund | FFSFX           |
| C000212319 | Class K6                   | FFSZX           |
| C000212320 | Class K                    | FFSDX           |

### Fidelity Freedom 2070 Fund (Series ID: S000085461)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000250725 | Class K6                   | FRBHX           |
| C000250726 | Fidelity Freedom 2070 Fund | FRBDX           |
| C000250727 | Class K                    | FRBEX           |

?xml version='1.0' encoding='ASCII'? Prospectus - Investment Objective

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act file number <u>811-06440</u>

<u>Fidelity Aberdeen Street Trust</u>

(Exact name of registrant as specified in charter)

<u>245 Summer St., Boston, MA 02210</u>

(Address of principal executive offices) &nbsp;&nbsp;&nbsp;&nbsp; (Zip code)

Nicole Macarchuk, Secretary

245 Summer St.

<u>Boston, Massachusetts 02210</u>

(Name and address of agent for service)

Registrant's telephone number, including area code:

<u>617-563-7000</u>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Date of fiscal year end: | &nbsp;&nbsp;March 31 |
| &nbsp;&nbsp;Date of reporting period:<br>| &nbsp;&nbsp;September 30, 2025<br>|

---

This report on Form N-CSR relates solely to the Registrant's Fidelity Freedom 2010 Fund, Fidelity Freedom 2015 Fund, Fidelity Freedom 2020 Fund, Fidelity Freedom 2025 Fund, Fidelity Freedom 2030 Fund, Fidelity Freedom 2035 Fund, Fidelity Freedom 2040 Fund, Fidelity Freedom 2045 Fund, Fidelity Freedom 2050 Fund, Fidelity Freedom 2055 Fund, Fidelity Freedom 2060 Fund, Fidelity Freedom 2065 Fund, Fidelity Freedom 2070 Fund, and Fidelity Freedom Retirement Fund (the "Funds").

Item 1.

<u>Reports to Stockholders</u>

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® Retirement Fund<br> **Fidelity Freedom® Retirement Fund : FFFAX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® Retirement Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® Retirement Fund  | $24  | 0.46% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2401704934<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 65.8 |
| Domestic Equity Funds | 12.2 |
| International Equity Funds | 11.8 |
| Short-Term Funds | 9.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img369_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 65.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 12.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 11.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 36.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 20.0<br>|
| Fidelity Series Government Money Market Fund | 7.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.3<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 2.9<br>|
| Fidelity Series Growth Company Fund | 2.2<br>|
| Fidelity Series Large Cap Stock Fund | 2.2<br>|
| Fidelity Series Short-Term Credit Fund | 1.9<br>|
| Fidelity Series International Value Fund | 1.8<br>|
|  | 83.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img369_20250930_1.jpg)<br>| ![](img116452_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914595.101 369-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® Retirement Fund<br> **Fidelity Freedom® Retirement Fund Class K6 : FYTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® Retirement Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $12  | 0.24% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2401704934<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 65.8 |
| Domestic Equity Funds | 12.2 |
| International Equity Funds | 11.8 |
| Short-Term Funds | 9.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img369_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 65.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 12.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 11.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 36.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 20.0<br>|
| Fidelity Series Government Money Market Fund | 7.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.3<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 2.9<br>|
| Fidelity Series Growth Company Fund | 2.2<br>|
| Fidelity Series Large Cap Stock Fund | 2.2<br>|
| Fidelity Series Short-Term Credit Fund | 1.9<br>|
| Fidelity Series International Value Fund | 1.8<br>|
|  | 83.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img369_20250930_1.jpg)<br>| ![](img116453_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914593.101 3001-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® Retirement Fund<br> **Fidelity Freedom® Retirement Fund Class K : FNSHX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® Retirement Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $21  | 0.42% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2401704934<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 65.8 |
| Domestic Equity Funds | 12.2 |
| International Equity Funds | 11.8 |
| Short-Term Funds | 9.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img369_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 65.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 12.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 11.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 36.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 20.0<br>|
| Fidelity Series Government Money Market Fund | 7.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.3<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 2.9<br>|
| Fidelity Series Growth Company Fund | 2.2<br>|
| Fidelity Series Large Cap Stock Fund | 2.2<br>|
| Fidelity Series Short-Term Credit Fund | 1.9<br>|
| Fidelity Series International Value Fund | 1.8<br>|
|  | 83.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img369_20250930_1.jpg)<br>| ![](img116454_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914594.101 3019-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2065 Fund<br> **Fidelity Freedom® 2065 Fund : FFSFX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2065 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2065 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2537011908<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 8%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img3415_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img3415_20250930_1.jpg)<br>| ![](img116572_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914912.101 3415-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2065 Fund<br> **Fidelity Freedom® 2065 Fund Class K6 : FFSZX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2065 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2537011908<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 8%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img3415_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img3415_20250930_1.jpg)<br>| ![](img116573_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914914.101 3417-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2065 Fund<br> **Fidelity Freedom® 2065 Fund Class K : FFSDX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2065 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $2537011908<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 8%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img3415_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img3415_20250930_1.jpg)<br>| ![](img116574_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914913.101 3416-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2060 Fund<br> **Fidelity Freedom® 2060 Fund : FDKVX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2060 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2060 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $7625829454<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2708_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2708_20250930_1.jpg)<br>| ![](img116575_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914749.101 2708-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2060 Fund<br> **Fidelity Freedom® 2060 Fund Class K6 : FVTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2060 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $7625829454<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2708_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2708_20250930_1.jpg)<br>| ![](img116576_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914750.101 3000-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2060 Fund<br> **Fidelity Freedom® 2060 Fund Class K : FNSFX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2060 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $7625829454<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2708_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2708_20250930_1.jpg)<br>| ![](img116577_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914751.101 3031-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2055 Fund<br> **Fidelity Freedom® 2055 Fund : FDEEX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2055 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2055 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $14011142949<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2331_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2331_20250930_1.jpg)<br>| ![](img116578_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914737.101 2331-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2055 Fund<br> **Fidelity Freedom® 2055 Fund Class K6 : FCTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2055 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $14011142949<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2331_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2331_20250930_1.jpg)<br>| ![](img116579_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914738.101 2999-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2055 Fund<br> **Fidelity Freedom® 2055 Fund Class K : FNSDX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2055 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $14011142949<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.5 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img2331_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.2<br>|
| Fidelity Series Large Cap Stock Fund | 10.1<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img2331_20250930_1.jpg)<br>| ![](img116580_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914739.101 3030-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2050 Fund<br> **Fidelity Freedom® 2050 Fund : FFFHX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2050 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2050 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $21903606502<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.3 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1618_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.2 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1618_20250930_1.jpg)<br>| ![](img116581_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914701.101 1618-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2050 Fund<br> **Fidelity Freedom® 2050 Fund Class K6 : FZTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2050 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $21903606502<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.3 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1618_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.2 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1618_20250930_1.jpg)<br>| ![](img116582_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914702.101 2998-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2050 Fund<br> **Fidelity Freedom® 2050 Fund Class K : FNSBX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2050 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $21903606502<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.3 |
| International Equity Funds | 39.7 |
| Bond Funds | 5.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1618_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.7&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.2 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1618_20250930_1.jpg)<br>| ![](img116583_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914703.101 3029-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2045 Fund<br> **Fidelity Freedom® 2045 Fund : FFFGX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2045 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2045 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $24225964214<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.1 |
| International Equity Funds | 39.6 |
| Bond Funds | 5.9 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1617_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.6&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.1<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.4<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1617_20250930_1.jpg)<br>| ![](img116584_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914698.101 1617-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2045 Fund<br> **Fidelity Freedom® 2045 Fund Class K6 : FJTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2045 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $24225964214<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.1 |
| International Equity Funds | 39.6 |
| Bond Funds | 5.9 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1617_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.6&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.1<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.4<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1617_20250930_1.jpg)<br>| ![](img116585_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914699.101 2997-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2045 Fund<br> **Fidelity Freedom® 2045 Fund Class K : FSNZX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2045 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $24225964214<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 9%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.1 |
| International Equity Funds | 39.6 |
| Bond Funds | 5.9 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1617_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.6&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.1<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.4<br>|
| Fidelity Series Overseas Fund | 7.4<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.0<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1617_20250930_1.jpg)<br>| ![](img116586_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914700.101 3028-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2040 Fund<br> **Fidelity Freedom® 2040 Fund : FFFFX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2040 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2040 Fund  | $37  | 0.68% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $32282431170<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 11%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 48.9 |
| International Equity Funds | 36.5 |
| Bond Funds | 14.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img718_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 48.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 36.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 14.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Emerging Markets Opportunities Fund | 9.3<br>|
| Fidelity Series Growth Company Fund | 9.1<br>|
| Fidelity Series Large Cap Stock Fund | 9.0<br>|
| Fidelity Series International Value Fund | 6.9<br>|
| Fidelity Series International Growth Fund | 6.8<br>|
| Fidelity Series Overseas Fund | 6.8<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.0<br>|
| Fidelity Series Investment Grade Bond Fund | 5.5<br>|
| Fidelity Series Value Discovery Fund | 5.5<br>|
| Fidelity Series Opportunistic Insights Fund | 5.4<br>|
|  | 70.3 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img718_20250930_1.jpg)<br>| ![](img116587_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914619.101 718-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2040 Fund<br> **Fidelity Freedom® 2040 Fund Class K6 : FHTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2040 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $23  | 0.43% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $32282431170<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 11%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 48.9 |
| International Equity Funds | 36.5 |
| Bond Funds | 14.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img718_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 48.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 36.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 14.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Emerging Markets Opportunities Fund | 9.3<br>|
| Fidelity Series Growth Company Fund | 9.1<br>|
| Fidelity Series Large Cap Stock Fund | 9.0<br>|
| Fidelity Series International Value Fund | 6.9<br>|
| Fidelity Series International Growth Fund | 6.8<br>|
| Fidelity Series Overseas Fund | 6.8<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.0<br>|
| Fidelity Series Investment Grade Bond Fund | 5.5<br>|
| Fidelity Series Value Discovery Fund | 5.5<br>|
| Fidelity Series Opportunistic Insights Fund | 5.4<br>|
|  | 70.3 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img718_20250930_1.jpg)<br>| ![](img116588_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914617.101 2996-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2040 Fund<br> **Fidelity Freedom® 2040 Fund Class K : FSNVX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2040 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $34  | 0.62% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $32282431170<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 11%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 48.9 |
| International Equity Funds | 36.5 |
| Bond Funds | 14.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img718_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 48.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 36.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 14.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Emerging Markets Opportunities Fund | 9.3<br>|
| Fidelity Series Growth Company Fund | 9.1<br>|
| Fidelity Series Large Cap Stock Fund | 9.0<br>|
| Fidelity Series International Value Fund | 6.9<br>|
| Fidelity Series International Growth Fund | 6.8<br>|
| Fidelity Series Overseas Fund | 6.8<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.0<br>|
| Fidelity Series Investment Grade Bond Fund | 5.5<br>|
| Fidelity Series Value Discovery Fund | 5.5<br>|
| Fidelity Series Opportunistic Insights Fund | 5.4<br>|
|  | 70.3 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img718_20250930_1.jpg)<br>| ![](img116589_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914618.101 3027-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2035 Fund<br> **Fidelity Freedom® 2035 Fund : FFTHX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2035 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2035 Fund  | $35  | 0.65% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $31016420596<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 39.9 |
| International Equity Funds | 30.5 |
| Bond Funds | 29.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1315_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 39.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 30.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 29.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 16.9<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 8.0<br>|
| Fidelity Series Growth Company Fund | 7.4<br>|
| Fidelity Series Large Cap Stock Fund | 7.3<br>|
| Fidelity Series International Value Fund | 5.6<br>|
| Fidelity Series International Growth Fund | 5.6<br>|
| Fidelity Series Overseas Fund | 5.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 5.0<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.8<br>|
| Fidelity Series Value Discovery Fund | 4.5<br>|
|  | 70.6 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1315_20250930_1.jpg)<br>| ![](img116590_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914683.101 1315-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2035 Fund<br> **Fidelity Freedom® 2035 Fund Class K6 : FWTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2035 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $21  | 0.39% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $31016420596<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 39.9 |
| International Equity Funds | 30.5 |
| Bond Funds | 29.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1315_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 39.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 30.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 29.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 16.9<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 8.0<br>|
| Fidelity Series Growth Company Fund | 7.4<br>|
| Fidelity Series Large Cap Stock Fund | 7.3<br>|
| Fidelity Series International Value Fund | 5.6<br>|
| Fidelity Series International Growth Fund | 5.6<br>|
| Fidelity Series Overseas Fund | 5.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 5.0<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.8<br>|
| Fidelity Series Value Discovery Fund | 4.5<br>|
|  | 70.6 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1315_20250930_1.jpg)<br>| ![](img116591_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914684.101 2995-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2035 Fund<br> **Fidelity Freedom® 2035 Fund Class K : FSNUX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2035 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $32  | 0.59% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $31016420596<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 39.9 |
| International Equity Funds | 30.5 |
| Bond Funds | 29.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1315_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 39.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 30.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 29.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 16.9<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 8.0<br>|
| Fidelity Series Growth Company Fund | 7.4<br>|
| Fidelity Series Large Cap Stock Fund | 7.3<br>|
| Fidelity Series International Value Fund | 5.6<br>|
| Fidelity Series International Growth Fund | 5.6<br>|
| Fidelity Series Overseas Fund | 5.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 5.0<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.8<br>|
| Fidelity Series Value Discovery Fund | 4.5<br>|
|  | 70.6 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1315_20250930_1.jpg)<br>| ![](img116592_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914685.101 3026-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2030 Fund<br> **Fidelity Freedom® 2030 Fund : FFFEX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2030 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2030 Fund  | $33  | 0.62% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $33464326884<br>|
| Number of Holdings | 46<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 37.6 |
| Domestic Equity Funds | 34.9 |
| International Equity Funds | 27.2 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img373_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 37.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 34.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 27.2&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 21.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 7.0<br>|
| Fidelity Series Growth Company Fund | 6.5<br>|
| Fidelity Series Large Cap Stock Fund | 6.4<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.1<br>|
| Fidelity Series International Value Fund | 5.0<br>|
| Fidelity Series International Growth Fund | 4.9<br>|
| Fidelity Series Overseas Fund | 4.9<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.3<br>|
|  | 71.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img373_20250930_1.jpg)<br>| ![](img116593_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914604.101 373-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2030 Fund<br> **Fidelity Freedom® 2030 Fund Class K6 : FGTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2030 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $19  | 0.36% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $33464326884<br>|
| Number of Holdings | 46<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 37.6 |
| Domestic Equity Funds | 34.9 |
| International Equity Funds | 27.2 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img373_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 37.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 34.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 27.2&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 21.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 7.0<br>|
| Fidelity Series Growth Company Fund | 6.5<br>|
| Fidelity Series Large Cap Stock Fund | 6.4<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.1<br>|
| Fidelity Series International Value Fund | 5.0<br>|
| Fidelity Series International Growth Fund | 4.9<br>|
| Fidelity Series Overseas Fund | 4.9<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.3<br>|
|  | 71.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img373_20250930_1.jpg)<br>| ![](img116594_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914602.101 2994-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2030 Fund<br> **Fidelity Freedom® 2030 Fund Class K : FSNQX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2030 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $30  | 0.55% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $33464326884<br>|
| Number of Holdings | 46<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 37.6 |
| Domestic Equity Funds | 34.9 |
| International Equity Funds | 27.2 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.3 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img373_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 37.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 34.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 27.2&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.3 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 21.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 7.0<br>|
| Fidelity Series Growth Company Fund | 6.5<br>|
| Fidelity Series Large Cap Stock Fund | 6.4<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.1<br>|
| Fidelity Series International Value Fund | 5.0<br>|
| Fidelity Series International Growth Fund | 4.9<br>|
| Fidelity Series Overseas Fund | 4.9<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 4.3<br>|
|  | 71.0 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img373_20250930_1.jpg)<br>| ![](img116595_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914603.101 3025-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2025 Fund<br> **Fidelity Freedom® 2025 Fund : FFTWX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2025 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2025 Fund  | $31  | 0.59% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $20292649493<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 44.0 |
| Domestic Equity Funds | 31.0 |
| International Equity Funds | 24.5 |
| Short-Term Funds | 0.0 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1314_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 44.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 31.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 24.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 0.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 24.3<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 9.6<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 6.4<br>|
| Fidelity Series Growth Company Fund | 5.8<br>|
| Fidelity Series Large Cap Stock Fund | 5.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series International Value Fund | 4.4<br>|
| Fidelity Series International Growth Fund | 4.4<br>|
| Fidelity Series Overseas Fund | 4.3<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 3.8<br>|
|  | 73.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1314_20250930_1.jpg)<br>| ![](img116596_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914680.101 1314-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2025 Fund<br> **Fidelity Freedom® 2025 Fund Class K6 : FDTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2025 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $17  | 0.32% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $20292649493<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 44.0 |
| Domestic Equity Funds | 31.0 |
| International Equity Funds | 24.5 |
| Short-Term Funds | 0.0 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1314_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 44.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 31.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 24.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 0.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 24.3<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 9.6<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 6.4<br>|
| Fidelity Series Growth Company Fund | 5.8<br>|
| Fidelity Series Large Cap Stock Fund | 5.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series International Value Fund | 4.4<br>|
| Fidelity Series International Growth Fund | 4.4<br>|
| Fidelity Series Overseas Fund | 4.3<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 3.8<br>|
|  | 73.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1314_20250930_1.jpg)<br>| ![](img116597_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914681.101 2993-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2025 Fund<br> **Fidelity Freedom® 2025 Fund Class K : FSNPX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2025 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $28  | 0.52% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $20292649493<br>|
| Number of Holdings | 43<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 44.0 |
| Domestic Equity Funds | 31.0 |
| International Equity Funds | 24.5 |
| Short-Term Funds | 0.0 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1314_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 44.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 31.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 24.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 0.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 24.3<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 9.6<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 6.4<br>|
| Fidelity Series Growth Company Fund | 5.8<br>|
| Fidelity Series Large Cap Stock Fund | 5.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series International Value Fund | 4.4<br>|
| Fidelity Series International Growth Fund | 4.4<br>|
| Fidelity Series Overseas Fund | 4.3<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 3.8<br>|
|  | 73.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1314_20250930_1.jpg)<br>| ![](img116598_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914682.101 3024-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2020 Fund<br> **Fidelity Freedom® 2020 Fund : FFFDX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2020 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2020 Fund  | $29  | 0.55% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $12980983853<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 49.8 |
| Domestic Equity Funds | 25.9 |
| International Equity Funds | 21.1 |
| Short-Term Funds | 2.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img372_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 49.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 25.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 21.1&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 27.9<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 5.6<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 5.4<br>|
| Fidelity Series Growth Company Fund | 4.8<br>|
| Fidelity Series Large Cap Stock Fund | 4.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.6<br>|
| Fidelity Series International Value Fund | 3.7<br>|
| Fidelity Series International Growth Fund | 3.7<br>|
| Fidelity Series Overseas Fund | 3.6<br>|
|  | 70.8 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img372_20250930_1.jpg)<br>| ![](img116599_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914601.101 372-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2020 Fund<br> **Fidelity Freedom® 2020 Fund Class K6 : FATKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2020 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $15  | 0.28% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $12980983853<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 49.8 |
| Domestic Equity Funds | 25.9 |
| International Equity Funds | 21.1 |
| Short-Term Funds | 2.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img372_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 49.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 25.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 21.1&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 27.9<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 5.6<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 5.4<br>|
| Fidelity Series Growth Company Fund | 4.8<br>|
| Fidelity Series Large Cap Stock Fund | 4.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.6<br>|
| Fidelity Series International Value Fund | 3.7<br>|
| Fidelity Series International Growth Fund | 3.7<br>|
| Fidelity Series Overseas Fund | 3.6<br>|
|  | 70.8 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img372_20250930_1.jpg)<br>| ![](img116600_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914599.101 2992-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2020 Fund<br> **Fidelity Freedom® 2020 Fund Class K : FSNOX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2020 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $25  | 0.48% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $12980983853<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 49.8 |
| Domestic Equity Funds | 25.9 |
| International Equity Funds | 21.1 |
| Short-Term Funds | 2.7 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.5 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img372_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 49.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 25.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 21.1&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.5 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 27.9<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 5.6<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 5.4<br>|
| Fidelity Series Growth Company Fund | 4.8<br>|
| Fidelity Series Large Cap Stock Fund | 4.7<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.6<br>|
| Fidelity Series International Value Fund | 3.7<br>|
| Fidelity Series International Growth Fund | 3.7<br>|
| Fidelity Series Overseas Fund | 3.6<br>|
|  | 70.8 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img372_20250930_1.jpg)<br>| ![](img116601_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914600.101 3023-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2015 Fund<br> **Fidelity Freedom® 2015 Fund : FFVFX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2015 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2015 Fund  | $26  | 0.50% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $4392559208<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 56.0 |
| Domestic Equity Funds | 20.5 |
| International Equity Funds | 17.5 |
| Short-Term Funds | 5.6 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1313_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 56.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 20.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 17.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 31.3<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 11.0<br>|
| Fidelity Series Government Money Market Fund | 4.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 4.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 4.2<br>|
| Fidelity Series Growth Company Fund | 3.8<br>|
| Fidelity Series Large Cap Stock Fund | 3.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.3<br>|
| Fidelity Series International Value Fund | 2.9<br>|
|  | 74.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1313_20250930_1.jpg)<br>| ![](img116602_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914677.101 1313-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2015 Fund<br> **Fidelity Freedom® 2015 Fund Class K6 : FPTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2015 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $14  | 0.26% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $4392559208<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 56.0 |
| Domestic Equity Funds | 20.5 |
| International Equity Funds | 17.5 |
| Short-Term Funds | 5.6 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1313_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 56.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 20.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 17.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 31.3<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 11.0<br>|
| Fidelity Series Government Money Market Fund | 4.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 4.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 4.2<br>|
| Fidelity Series Growth Company Fund | 3.8<br>|
| Fidelity Series Large Cap Stock Fund | 3.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.3<br>|
| Fidelity Series International Value Fund | 2.9<br>|
|  | 74.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1313_20250930_1.jpg)<br>| ![](img116603_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914678.101 2991-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2015 Fund<br> **Fidelity Freedom® 2015 Fund Class K : FSNLX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2015 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $23  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $4392559208<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 12%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 56.0 |
| Domestic Equity Funds | 20.5 |
| International Equity Funds | 17.5 |
| Short-Term Funds | 5.6 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img1313_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 56.0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 20.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 17.5&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 31.3<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 11.0<br>|
| Fidelity Series Government Money Market Fund | 4.8<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 4.8<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 4.2<br>|
| Fidelity Series Growth Company Fund | 3.8<br>|
| Fidelity Series Large Cap Stock Fund | 3.7<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.3<br>|
| Fidelity Series International Value Fund | 2.9<br>|
|  | 74.5 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img1313_20250930_1.jpg)<br>| ![](img116604_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914679.101 3022-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2010 Fund<br> **Fidelity Freedom® 2010 Fund : FFFCX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2010 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2010 Fund  | $24  | 0.46% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $3151002424<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 62.2 |
| Domestic Equity Funds | 15.2 |
| International Equity Funds | 13.9 |
| Short-Term Funds | 8.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img371_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 62.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 15.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 13.9&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 34.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 16.7<br>|
| Fidelity Series Government Money Market Fund | 7.0<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.9<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.1<br>|
| Fidelity Series Growth Company Fund | 2.8<br>|
| Fidelity Series Large Cap Stock Fund | 2.8<br>|
| Fidelity Series International Value Fund | 2.2<br>|
| Fidelity Series International Growth Fund | 2.2<br>|
|  | 80.1 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img371_20250930_1.jpg)<br>| ![](img116605_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914598.101 371-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2010 Fund<br> **Fidelity Freedom® 2010 Fund Class K6 : FOTKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2010 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $12  | 0.24% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $3151002424<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 62.2 |
| Domestic Equity Funds | 15.2 |
| International Equity Funds | 13.9 |
| Short-Term Funds | 8.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img371_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 62.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 15.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 13.9&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 34.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 16.7<br>|
| Fidelity Series Government Money Market Fund | 7.0<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.9<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.1<br>|
| Fidelity Series Growth Company Fund | 2.8<br>|
| Fidelity Series Large Cap Stock Fund | 2.8<br>|
| Fidelity Series International Value Fund | 2.2<br>|
| Fidelity Series International Growth Fund | 2.2<br>|
|  | 80.1 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img371_20250930_1.jpg)<br>| ![](img116606_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914596.101 2990-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2010 Fund<br> **Fidelity Freedom® 2010 Fund Class K : FSNKX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2010 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $22  | 0.42% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $3151002424<br>|
| Number of Holdings | 44<br>|
| Portfolio Turnover | 13%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Bond Funds | 62.2 |
| Domestic Equity Funds | 15.2 |
| International Equity Funds | 13.9 |
| Short-Term Funds | 8.3 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img371_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Bond Funds - 62.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Domestic Equity Funds - 15.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 13.9&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Funds - 8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Investment Grade Bond Fund | 34.7<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 16.7<br>|
| Fidelity Series Government Money Market Fund | 7.0<br>|
| Fidelity Series International Developed Markets Bond Index Fund | 4.7<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 3.9<br>|
| Fidelity Series Long-Term Treasury Bond Index Fund | 3.1<br>|
| Fidelity Series Growth Company Fund | 2.8<br>|
| Fidelity Series Large Cap Stock Fund | 2.8<br>|
| Fidelity Series International Value Fund | 2.2<br>|
| Fidelity Series International Growth Fund | 2.2<br>|
|  | 80.1 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img371_20250930_1.jpg)<br>| ![](img116607_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9914597.101 3021-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2070 Fund<br> **Fidelity Freedom® 2070 Fund : FRBDX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2070 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Fidelity Freedom® 2070 Fund  | $38  | 0.70% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $145395561<br>|
| Number of Holdings | 35<br>|
| Portfolio Turnover | 31%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.8 |
| Bond Funds | 5.4 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img7639_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series Overseas Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.1<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img7639_20250930_1.jpg)<br>| ![](img116713_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9918247.101 7639-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2070 Fund<br> **Fidelity Freedom® 2070 Fund Class K : FRBEX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2070 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K  | $35  | 0.64% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $145395561<br>|
| Number of Holdings | 35<br>|
| Portfolio Turnover | 31%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.8 |
| Bond Funds | 5.4 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img7639_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series Overseas Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.1<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img7639_20250930_1.jpg)<br>| ![](img116714_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9918249.101 7640-TSRS-1125 <br>|

---

---

| |
|:---|
| **SEMI-ANNUAL SHAREHOLDER REPORT \|** AS OF SEPTEMBER 30, 2025 |
| Fidelity Freedom® 2070 Fund<br> **Fidelity Freedom® 2070 Fund Class K6 : FRBHX** <br>|

---

This semi-annual shareholder report contains information about Fidelity Freedom® 2070 Fund for the period April 1, 2025 to September 30, 2025. You can find additional information about the Fund at **fundresearch.fidelity.com/prospectus/sec**. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com.

**What were your Fund costs for the last six months?**

(based on hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment**  |
| Class K6  | $25  | 0.45% |

---

**Key Fund Statistics**

(as of September 30, 2025)

---

| | |
|:---|:---|
| **KEY FACTS**  |  |
| Fund Size | $145395561<br>|
| Number of Holdings | 35<br>|
| Portfolio Turnover | 31%<br>|

---

**What did the Fund invest in?** (as of September 30, 2025)

---

| | |
|:---|:---|
| Domestic Equity Funds | 54.4 |
| International Equity Funds | 39.8 |
| Bond Funds | 5.4 |
| Short-Term Investments and Net Other Assets (Liabilities) | 0.4 |

---

---

| |
|:---|
| **ASSET ALLOCATION (% of Fund's net assets)** |
| ![](img7639_20250930_AA.jpg) <br>|

---

---

| |
|:---|
| Domestic Equity Funds - 54.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| International Equity Funds - 39.8&nbsp;&nbsp;&nbsp;&nbsp;  |
| Bond Funds - 5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Short-Term Investments and Net Other Assets (Liabilities) - 0.4 |

---

---

| | |
|:---|:---|
| **TOP HOLDINGS**<br>**(% of Fund's net assets)**  |  |
| Fidelity Series Growth Company Fund | 10.2<br>|
| Fidelity Series Emerging Markets Opportunities Fund | 10.1<br>|
| Fidelity Series Large Cap Stock Fund | 10.0<br>|
| Fidelity Series Overseas Fund | 7.5<br>|
| Fidelity Series International Growth Fund | 7.5<br>|
| Fidelity Series International Value Fund | 7.5<br>|
| Fidelity Series Stock Selector Large Cap Value Fund | 6.7<br>|
| Fidelity Series Value Discovery Fund | 6.1<br>|
| Fidelity Series Opportunistic Insights Fund | 6.1<br>|
| Fidelity Series Blue Chip Growth Fund | 5.7<br>|
|  | 77.4 |

---

---

| | | |
|:---|:---|:---|
| Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. | Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners.© 2025 FMR LLC. All rights reserved. |
| ![](img7639_20250930_1.jpg)<br>| ![](img116715_2.jpg) | For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit **fundresearch.fidelity.com/prospectus/sec**<br> 1.9918251.101 7641-TSRS-1125 <br>|

---

Item 2.

<u>Code of Ethics</u>

Not applicable.

Item 3.

<u>Audit Committee Financial Expert</u>

Not applicable.

Item 4.

<u>Principal Accountant Fees and Services</u>

Not applicable.

Item 5.

<u>Audit Committee of Listed Registrants</u>

Not applicable.

Item 6.

<u>Investments</u>

(a) Not applicable.

(b) Not applicable

Item 7.

<u>Financial Statements and Financial Highlights for Open-End Management Investment Companies</u>

**Fidelity Freedom® Funds**

**Fidelity Freedom® Retirement Fund**

**Fidelity Freedom® 2010 Fund**

**Fidelity Freedom® 2015 Fund**

**Fidelity Freedom® 2020 Fund**

**Fidelity Freedom® 2025 Fund**

**Fidelity Freedom® 2030 Fund**

**Fidelity Freedom® 2035 Fund**

**Fidelity Freedom® 2040 Fund**

**Fidelity Freedom® 2045 Fund**

**Fidelity Freedom® 2050 Fund**

**Fidelity Freedom® 2055 Fund**

**Fidelity Freedom® 2060 Fund**

**Fidelity Freedom® 2065 Fund**

**Fidelity Freedom® 2070 Fund**

**(Fidelity Freedom® Retirement Fund formerly Fidelity Freedom® Income Fund)**

**Semi-Annual Report**

**September 30, 2025**

![](img116868_1.jpg)

![](img116868_2.jpg)

**Contents**

---

| |
|:---|
| **[Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies (Semi-Annual Report)](#Sec_Item7_FF-SANN_0)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® Retirement Fund](#Sub_Sec_Fund_369_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2010 Fund](#Sub_Sec_Fund_371_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2015 Fund](#Sub_Sec_Fund_1313_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2020 Fund](#Sub_Sec_Fund_372_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2025 Fund](#Sub_Sec_Fund_1314_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2030 Fund](#Sub_Sec_Fund_373_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2035 Fund](#Sub_Sec_Fund_1315_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2040 Fund](#Sub_Sec_Fund_718_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2045 Fund](#Sub_Sec_Fund_1617_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2050 Fund](#Sub_Sec_Fund_1618_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2055 Fund](#Sub_Sec_Fund_2331_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2060 Fund](#Sub_Sec_Fund_2708_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2065 Fund](#Sub_Sec_Fund_3415_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Fidelity Freedom® 2070 Fund](#Sub_Sec_Fund_7639_FF-SANN)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **[Notes to Financial Statements](#Sub_Sec_NotestoFinancialStatements369_FF-SANN)** |
| **[Item 8: Changes in and Disagreements with Accountants for Open-End Management Investment Companies](#Sec_Item8_FF-SANN)** |
| **[Item 9: Proxy Disclosures for Open-End Management Investment Companies](#Sec_Item9_FF-SANN)** |
| **[Item 10: Remuneration Paid to Directors, Officers, and others of Open-End Management Investment Companies](#Sec_Item10_FF-SANN)** |
| **[Item 11: Statement Regarding Basis for Approval of Investment Advisory Contract](#Sec_Item11_FF-SANN)** |

---

To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.

You may also call 1-800-544-8544 if you're an individual investing directly with Fidelity, call 1-800-835-5092 if you're a plan sponsor or participant with Fidelity as your recordkeeper or call 1-877-208-0098 on institutional accounts or if you're an advisor or invest through one to request a free copy of the proxy voting guidelines.

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company.© 2025 FMR LLC. All rights reserved.

*This report and the financial statements contained herein are submitted for the general information of the shareholders of the Funds. This report is not authorized for distribution to prospective investors in the Funds unless preceded or accompanied by an effective prospectus.*

*A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. Forms N-PORT are available on the SEC's web site at http://www.sec.gov. A fund's Forms N-PORT may be reviewed and copied at the SEC's Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.*

*For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.*

**NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE**

*Neither the Funds nor Fidelity Distributors Corporation is a bank.*

**Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies (Semi-Annual Report)**

**Fidelity Freedom® Retirement Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 65.8%** | &nbsp;&nbsp;**Bond Funds - 65.8%** | &nbsp;&nbsp;**Bond Funds - 65.8%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 47656934 | 480858463 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 142379 | 1116251 |
| Fidelity Series Emerging Markets Debt Fund (b) | 1530388 | 12824652 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 395137 | 3900007 |
| Fidelity Series Floating Rate High Income Fund (b) | 199060 | 1759694 |
| Fidelity Series High Income Fund (b) | 1453117 | 12990869 |
| Fidelity Series International Credit Fund (b) | 321918 | 2749177 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 12837516 | 111943141 |
| Fidelity Series Investment Grade Bond Fund (b) | 86375998 | 881035178 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 12789656 | 69831519 |
| Fidelity Series Real Estate Income Fund (b) | 229836 | 2344328 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $1,648,414,231) |  | **1581353279** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 12.2%** | &nbsp;&nbsp;**Domestic Equity Funds - 12.2%** | &nbsp;&nbsp;**Domestic Equity Funds - 12.2%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 748059 | 10772049 |
| Fidelity Series Blue Chip Growth Fund (b) | 1332394 | 29925565 |
| Fidelity Series Commodity Strategy Fund (b) | 78781 | 7324313 |
| Fidelity Series Growth Company Fund (b) | 1878342 | 53852071 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 648718 | 7025616 |
| Fidelity Series Large Cap Stock Fund (b) | 1994112 | 52843956 |
| Fidelity Series Large Cap Value Index Fund (b) | 868043 | 15772350 |
| Fidelity Series Opportunistic Insights Fund (b) | 1107963 | 31909323 |
| Fidelity Series Small Cap Core Fund (b) | 118728 | 1561279 |
| Fidelity Series Small Cap Discovery Fund (b) | 383187 | 4471797 |
| Fidelity Series Small Cap Opportunities Fund (b) | 647883 | 10217117 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 2368770 | 35294680 |
| Fidelity Series Value Discovery Fund (b) | 1899855 | 32088544 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $170,530,888) |  | **293058660** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 11.8%** | &nbsp;&nbsp;**International Equity Funds - 11.8%** | &nbsp;&nbsp;**International Equity Funds - 11.8%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 1364866 | 26164475 |
| Fidelity Series Emerging Markets Fund (b) | 1709977 | 19733135 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 3329008 | 79496715 |
| Fidelity Series International Growth Fund (b) | 2044943 | 42228078 |
| Fidelity Series International Small Cap Fund (b) | 1473017 | 29916967 |
| Fidelity Series International Value Fund (b) | 2614694 | 42854828 |
| Fidelity Series Overseas Fund (b) | 2595540 | 42125609 |
| Fidelity Series Select International Small Cap Fund (b) | 135837 | 1889496 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $162,246,842) |  | **284409303** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Short-Term Funds - 1.9%** | &nbsp;&nbsp;**Short-Term Funds - 1.9%** | &nbsp;&nbsp;**Short-Term Funds - 1.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Short-Term Credit Fund (b)<br>(Cost $44,402,422)<br>| 4471663 | **45163795** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025  | 4.28 | 650000 | 648902 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 3770000 | 3760721 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 2040000 | 2033338 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $6,442,105) |  |  | **6442961** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 8.0%** | &nbsp;&nbsp;**Money Market Funds - 8.0%** | &nbsp;&nbsp;**Money Market Funds - 8.0%** | &nbsp;&nbsp;**Money Market Funds - 8.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.21 | 4785619 | 4786576 |
| Fidelity Series Government Money Market Fund (b)(f) | 4.23 | 187452038 | 187452038 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $192,238,614) |  |  | **192238614** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $2,224,275,102)<br>| <br>**2402666612** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(961678)** |
| **NET ASSETS - 100.0%** | **2401704934** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 122 | 12/19/2025 | 16990330 | (38866) | (38866) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 12 | 12/19/2025 | 815820 | 8779 | 8779 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (30087) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 499 | 12/19/2025 | 56129703 | 300779 | 300779 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 167 | 12/19/2025 | 19220656 | 18488 | 18488 |
| CBOT US Treasury Long Bond Contracts (United States) | 154 | 12/19/2025 | 17955438 | 487579 | 487579 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 806846 |
| TOTAL PURCHASED |  |  |  |  | 776759 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 140 | 12/19/2025 | 47171250 | (651343) | (651343) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **125416** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $5,414,994.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(f) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 10093311 | 27314789 | 32621404 | 103636 | (120) | - | 4786576 | 4785619 | 0.0% |
| Total | 10093311 | 27314789 | 32621404 | 103636 | (120) | - | 4786576 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 470721777 | 30289450 | 26727398 | 5574045 | 15939 | 6558695 | 480858463 | 47656934 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 1150114 | 30548 | 76801 | 13579 | (9987) | 22377 | 1116251 | 142379 |
| Fidelity Series All-Sector Equity Fund | 9023682 | 1030911 | 1411535 | - | 17237 | 2111754 | 10772049 | 748059 |
| Fidelity Series Blue Chip Growth Fund | 26118099 | 2476846 | 5798791 | 766665 | 542523 | 6586888 | 29925565 | 1332394 |
| Fidelity Series Canada Fund | 14326520 | 9787927 | 974158 | - | 114706 | 2909480 | 26164475 | 1364866 |
| Fidelity Series Commodity Strategy Fund | 4725193 | 2903287 | 258734 | 64443 | 10505 | (55938) | 7324313 | 78781 |
| Fidelity Series Emerging Markets Debt Fund | 12383122 | 527852 | 716323 | 372343 | (36772) | 666773 | 12824652 | 1530388 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 3814285 | 39582 | 345846 | - | (19231) | 411217 | 3900007 | 395137 |
| Fidelity Series Emerging Markets Fund | 18791657 | 228821 | 3876421 | - | 786705 | 3802373 | 19733135 | 1709977 |
| Fidelity Series Emerging Markets Opportunities Fund | 74962242 | 904442 | 13802014 | - | 4086987 | 13345058 | 79496715 | 3329008 |
| Fidelity Series Floating Rate High Income Fund | 1786996 | 100312 | 127565 | 72036 | (4917) | 4868 | 1759694 | 199060 |
| Fidelity Series Government Money Market Fund | 188393098 | 13519615 | 14460675 | 4142901 | - | - | 187452038 | 187452038 |
| Fidelity Series Growth Company Fund | 47520601 | 1956182 | 10878176 | - | 27487 | 15225977 | 53852071 | 1878342 |
| Fidelity Series High Income Fund | 12553548 | 574186 | 706417 | 421505 | (35092) | 604644 | 12990869 | 1453117 |
| Fidelity Series International Credit Fund | 2655368 | 60413 | 15123 | 60413 | 704 | 47815 | 2749177 | 321918 |
| Fidelity Series International Developed Markets Bond Index Fund | 111553659 | 5280242 | 6329670 | 1062112 | (301948) | 1740858 | 111943141 | 12837516 |
| Fidelity Series International Growth Fund | 36415798 | 4055492 | 4353629 | - | 359891 | 5750526 | 42228078 | 2044943 |
| Fidelity Series International Small Cap Fund | 31129898 | 467345 | 7918731 | - | 1749802 | 4488653 | 29916967 | 1473017 |
| Fidelity Series International Value Fund | 40410528 | 3332792 | 8774135 | - | 2590204 | 5295439 | 42854828 | 2614694 |
| Fidelity Series Intrinsic Opportunities Fund | 6846018 | 905605 | 1029372 | 531372 | (39306) | 342671 | 7025616 | 648718 |
| Fidelity Series Investment Grade Bond Fund | 895385642 | 48106062 | 73982315 | 19322447 | (2278667) | 13804456 | 881035178 | 86375998 |
| Fidelity Series Large Cap Stock Fund | 46826582 | 7341652 | 9190599 | 2655035 | 838829 | 7027492 | 52843956 | 1994112 |
| Fidelity Series Large Cap Value Index Fund | 14004595 | 1700598 | 1213086 | - | 28222 | 1252021 | 15772350 | 868043 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 74893589 | 5454726 | 9627708 | 1434402 | (2741543) | 1852455 | 69831519 | 12789656 |
| Fidelity Series Opportunistic Insights Fund | 28281546 | 3076040 | 5965879 | - | 441380 | 6076236 | 31909323 | 1107963 |
| Fidelity Series Overseas Fund | 37882188 | 2664183 | 3504710 | - | 580435 | 4503513 | 42125609 | 2595540 |
| Fidelity Series Real Estate Income Fund | 2328554 | 95302 | 130645 | 67019 | 941 | 50176 | 2344328 | 229836 |
| Fidelity Series Select International Small Cap Fund | 426725 | 1335307 | 198709 | - | 20536 | 305637 | 1889496 | 135837 |
| Fidelity Series Short-Term Credit Fund | 45948356 | 1552441 | 2606148 | 983946 | 12526 | 256620 | 45163795 | 4471663 |
| Fidelity Series Small Cap Core Fund | 1433405 | 15441 | 173159 | - | (22134) | 307726 | 1561279 | 118728 |
| Fidelity Series Small Cap Discovery Fund | 4313157 | 136151 | 531528 | 72063 | (54956) | 608973 | 4471797 | 383187 |
| Fidelity Series Small Cap Opportunities Fund | 9466870 | 599714 | 1426471 | 169542 | 52302 | 1524702 | 10217117 | 647883 |
| Fidelity Series Stock Selector Large Cap Value Fund | 31492876 | 3821467 | 2915067 | - | (6348) | 2901752 | 35294680 | 2368770 |
| Fidelity Series Value Discovery Fund | 29095703 | 3686130 | 2841305 | - | (37132) | 2185148 | 32088544 | 1899855 |
|  | 2337061991 | 158057064 | 222888843 | 37785868 | 6689828 | 112517035 | 2391437075 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 1581353279 | 1581353279 | - | - |
|  **Domestic Equity Funds** | 293058660 | 293058660 | - | - |
|  **International Equity Funds** | 284409303 | 284409303 | - | - |
|  **Short-Term Funds** | 45163795 | 45163795 | - | - |
|  **U.S. Treasury Obligations** | 6442961 | - | 6442961 | - |
|  **Money Market Funds** | 192238614 | 192238614 | - | - |
| **Total Investments in Securities:** | 2402666612 | 2396223651 | 6442961 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 815625 | 815625 | - | - |
| Total Assets | 815625 | 815625 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (690209) | (690209) | - | - |
| Total Liabilities | (690209) | (690209) | - | - |
| **Total Derivative Instruments:** | 125416 | 125416 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 8779 | (690209) |
| **Total Equity Risk**  | 8779 | (690209) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 806846 | - |
| **Total Interest Rate Risk**  | 806846 | - |
| **Total Value of Derivatives** | 815625 | (690209) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® Retirement Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $6,442,105) | $6442961 |  |
| Fidelity Central Funds (cost $4,786,576) | 4786576 |  |
| Other affiliated issuers (cost $2,213,046,421) | 2391437075 |  |
| Total Investment in Securities (cost $2,224,275,102) |  | $2402666612 |
| Receivable for investments sold |  | 22064670 |
| Receivable for fund shares sold |  | 2415966 |
| Distributions receivable from Fidelity Central Funds |  | 19192 |
| **Total assets** |  | 2427166440 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $21093082 |  |
| Payable for fund shares redeemed | 3386823 |  |
| Accrued management fee | 807492 |  |
| Payable for daily variation margin on futures contracts | 174104 |  |
| Other payables and accrued expenses | 5 |  |
| **Total liabilities** |  | 25461506 |
| **Net Assets**  |  | $2401704934 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $2293938735 |
| Total accumulated earnings (loss) |  | 107766199 |
| **Net Assets** |  | $2401704934 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom Retirement Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($1,300,333,916 ÷ 114,743,888 shares) |  | $11.33 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($605,521,649 ÷ 53,529,489 shares) |  | $11.31 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($495,849,369 ÷ 43,896,020 shares) |  | $11.30 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $34145194 |
| Interest  |  | 162208 |
| Income from Fidelity Central Funds  |  | 103636 |
| **Total income** |  | 34411038 |
| **Expenses** |  |  |
| Management fee | $4797688 |  |
| Independent trustees' fees and expenses | 2724 |  |
| Total expenses before reductions | 4800412 |  |
| Expense reductions | (230) |  |
| Total expenses after reductions |  | 4800182 |
| **Net Investment income (loss)** |  | 29610856 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (1138) |  |
| Redemptions in-kind | 1308481 |  |
| Fidelity Central Funds | (120) |  |
| Other affiliated issuers | 5381347 |  |
| Futures contracts | (2515919) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 3640674 |  |
| Total net realized gain (loss) |  | 7813325 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 998 |  |
| Affiliated issuers  | 112517035 |  |
| Futures contracts | (380726) |  |
| Total change in net unrealized appreciation (depreciation) |  | 112137307 |
| **Net gain (loss)** |  | 119950632 |
| **Net increase (decrease) in net assets resulting from operations** |  | $149561488 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $29610856 | $74721915 |
| &nbsp;&nbsp;Net realized gain (loss) | 7813325<br>| 12243053<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 112137307 | 38695123<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 149561488<br>| 125660091<br>|
| Distributions to shareholders | (29407599)<br>| (75583415)<br>|
| Share transactions - net increase (decrease) | (68338264)<br>| 205727613<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 51815625<br>| 255804289<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 2349889309 | 2094085020<br>|
| &nbsp;&nbsp;End of period | $2401704934 | $2349889309 |

---

**Financial Highlights** 

**Fidelity Freedom® Retirement Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $10.77 | $10.56 | $10.28 | $11.37 | $12.16 | $11.15 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .13  | .33  | .31  | .36  | .28  | .13  |
| Net realized and unrealized gain (loss)  | .56  | .21  | .28  | (.85)  | (.35)  | 1.40  |
| Total from investment operations  | .69  | .54  | .59  | (.49)  | (.07)  | 1.53  |
| Distributions from net investment income  | (.13)  | (.33)  | (.31)  | (.36)  | (.29)  | (.13)  |
| Distributions from net realized gain  | - C | - C | -  | (.24)  | (.44)  | (.39)  |
| Total distributions  | (.13)  | (.33)  | (.31)  | (.60)  | (.72) D | (.52)  |
| Net asset value, end of period  | $11.33 | $10.77 | $10.56 | $10.28 | $11.37 | $12.16 |
| **Total Return** E,F | 6.48% <br>| 5.21%  | 5.85%  | (4.18)%  | (.76)%  | 13.92%  |
| **Ratios to Average Net Assets** B,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .46% I | .47%  | .47%  | .46% J | .46% J | .47%  |
| Expenses net of fee waivers, if any  | .46% I<br>| .47%  | .47%  | .46% J | .46% J | .47%  |
| Expenses net of all reductions, if any  | .46% I | .47%  | .47%  | .46% J | .46% J | .47%  |
| Net investment income (loss)  | 2.44% I | 3.07%  | 3.01%  | 3.48%  | 2.34%  | 1.05%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $1300334 | $1282236 | $1265923 | $1517912 | $1851042 | $2031257 |
| Portfolio turnover rate K | 13% I,L<br>| 14% L,M | 12% L | 19% L | 36%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

K*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

L*Portfolio turnover rate excludes securities received or delivered in-kind.*

M*The portfolio turnover rate does not include the assets acquired in the reorganization.*

**Fidelity Freedom® Retirement Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $10.75 | $10.54 | $10.26 | $11.35 | $12.14 | $11.13 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .14  | .33  | .31  | .37  | .29  | .13  |
| Net realized and unrealized gain (loss)  | .56  | .22  | .29  | (.86)  | (.35)  | 1.41  |
| Total from investment operations  | .70  | .55  | .60  | (.49)  | (.06)  | 1.54  |
| Distributions from net investment income  | (.14)  | (.33)  | (.32)  | (.36)  | (.29)  | (.14)  |
| Distributions from net realized gain  | - C | - C | -  | (.24)  | (.44)  | (.39)  |
| Total distributions  | (.14)  | (.34) D | (.32)  | (.60)  | (.73)  | (.53)  |
| Net asset value, end of period  | $11.31 | $10.75 | $10.54 | $10.26 | $11.35 | $12.14 |
| **Total Return** E,F | 6.51% <br>| 5.26%  | 5.93%  | (4.16)%  | (.72)%  | 14.02%  |
| **Ratios to Average Net Assets** A,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .42% I | .41% J | .42%  | .41% J | .41% J | .41%  |
| Expenses net of fee waivers, if any  | .42% I<br>| .41% J | .42%  | .41% J | .41% J | .41%  |
| Expenses net of all reductions, if any  | .41% I | .41% J | .42%  | .41% J | .41% J | .41%  |
| Net investment income (loss)  | 2.49% I | 3.12%  | 3.06%  | 3.53%  | 2.39%  | 1.10%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $605522 | $614926 | $568758 | $564148 | $780949 | $1043133 |
| Portfolio turnover rate K | 13% I,L<br>| 14% L,M | 12% L | 19% L | 36%  | 21%  |

---

A*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

B*Calculated based on average shares outstanding during the period.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

K*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

L*Portfolio turnover rate excludes securities received or delivered in-kind.*

M*The portfolio turnover rate does not include the assets acquired in the reorganization.*

**Fidelity Freedom® Retirement Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $10.74 | $10.53 | $10.25 | $11.34 | $12.13 | $11.13 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .15  | .35  | .33  | .37  | .29  | .14  |
| Net realized and unrealized gain (loss)  | .56  | .22  | .28  | (.85)  | (.34)  | 1.40  |
| Total from investment operations  | .71  | .57  | .61  | (.48)  | (.05)  | 1.54  |
| Distributions from net investment income  | (.15)  | (.35)  | (.33)  | (.37)  | (.30)  | (.15)  |
| Distributions from net realized gain  | - C | - C | -  | (.24)  | (.44)  | (.39)  |
| Total distributions  | (.15)  | (.36) D | (.33)  | (.61)  | (.74)  | (.54)  |
| Net asset value, end of period  | $11.30 | $10.74 | $10.53 | $10.25 | $11.34 | $12.13 |
| **Total Return** E,F | 6.64% <br>| 5.48%  | 6.11%  | (4.09)%  | (.64)%  | 13.97%  |
| **Ratios to Average Net Assets** B,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .24% I | .24%  | .24%  | .36% J | .37%  | .37%  |
| Expenses net of fee waivers, if any  | .24% I<br>| .24%  | .24%  | .36% J | .37%  | .37%  |
| Expenses net of all reductions, if any  | .24% I | .24%  | .24%  | .36% J | .37%  | .37%  |
| Net investment income (loss)  | 2.67% I | 3.29%  | 3.23%  | 3.58%  | 2.44%  | 1.15%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $495849 | $452727 | $259403 | $255321 | $274397 | $243781 |
| Portfolio turnover rate K | 13% I,L<br>| 14% L,M | 12% L | 19% L | 36%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

K*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

L*Portfolio turnover rate excludes securities received or delivered in-kind.*

M*The portfolio turnover rate does not include the assets acquired in the reorganization.*

**Fidelity Freedom® 2010 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 62.2%** | &nbsp;&nbsp;**Bond Funds - 62.2%** | &nbsp;&nbsp;**Bond Funds - 62.2%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 52045114 | 525135196 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 6535883 | 51241326 |
| Fidelity Series Emerging Markets Debt Fund (b) | 1981901 | 16608329 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 520924 | 5141523 |
| Fidelity Series Floating Rate High Income Fund (b) | 260360 | 2301579 |
| Fidelity Series High Income Fund (b) | 1892593 | 16919780 |
| Fidelity Series International Credit Fund (b) | 473228 | 4041366 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 16714139 | 145747291 |
| Fidelity Series Investment Grade Bond Fund (b) | 107251930 | 1093969684 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 17642569 | 96328426 |
| Fidelity Series Real Estate Income Fund (b) | 299906 | 3059039 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $2,106,144,750) |  | **1960493539** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 15.2%** | &nbsp;&nbsp;**Domestic Equity Funds - 15.2%** | &nbsp;&nbsp;**Domestic Equity Funds - 15.2%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 1240889 | 17868802 |
| Fidelity Series Blue Chip Growth Fund (b) | 2193216 | 49259626 |
| Fidelity Series Commodity Strategy Fund (b) | 89405 | 8311953 |
| Fidelity Series Growth Company Fund (b) | 3078551 | 88262066 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 1084743 | 11747762 |
| Fidelity Series Large Cap Stock Fund (b) | 3274828 | 86782937 |
| Fidelity Series Large Cap Value Index Fund (b) | 1434106 | 26057715 |
| Fidelity Series Opportunistic Insights Fund (b) | 1822602 | 52490937 |
| Fidelity Series Small Cap Core Fund (b) | 200216 | 2632840 |
| Fidelity Series Small Cap Discovery Fund (b) | 648202 | 7564522 |
| Fidelity Series Small Cap Opportunities Fund (b) | 1076468 | 16975898 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 3894847 | 58033215 |
| Fidelity Series Value Discovery Fund (b) | 3124985 | 52781003 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $243,529,661) |  | **478769276** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 13.9%** | &nbsp;&nbsp;**International Equity Funds - 13.9%** | &nbsp;&nbsp;**International Equity Funds - 13.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 2019248 | 38708983 |
| Fidelity Series Emerging Markets Fund (b) | 2570768 | 29666663 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 5018668 | 119845782 |
| Fidelity Series International Growth Fund (b) | 3355292 | 69286770 |
| Fidelity Series International Small Cap Fund (b) | 1932343 | 39245888 |
| Fidelity Series International Value Fund (b) | 4233447 | 69386189 |
| Fidelity Series Overseas Fund (b) | 4198560 | 68142629 |
| Fidelity Series Select International Small Cap Fund (b) | 178193 | 2478659 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $241,090,302) |  | **436761563** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Short-Term Funds - 1.3%** | &nbsp;&nbsp;**Short-Term Funds - 1.3%** | &nbsp;&nbsp;**Short-Term Funds - 1.3%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Short-Term Credit Fund (b)<br>(Cost $40,613,262)<br>| 4089401 | **41302954** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025  | 4.28 | 910000 | 908463 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 4920000 | 4907891 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 2640000 | 2631378 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $8,446,615) |  |  | **8447732** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 7.2%** | &nbsp;&nbsp;**Money Market Funds - 7.2%** | &nbsp;&nbsp;**Money Market Funds - 7.2%** | &nbsp;&nbsp;**Money Market Funds - 7.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.21 | 5632458 | 5633584 |
| Fidelity Series Government Money Market Fund (b)(f) | 4.23 | 220910138 | 220910138 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $226,543,722) |  |  | **226543722** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $2,866,368,312)<br>| <br>**3152318786** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(1316362)** |
| **NET ASSETS - 100.0%** | **3151002424** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 159 | 12/19/2025 | 22143135 | (50217) | (50217) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 9 | 12/19/2025 | 611865 | 6668 | 6668 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (43549) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 655 | 12/19/2025 | 73677266 | 394329 | 394329 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 219 | 12/19/2025 | 25205531 | 23605 | 23605 |
| CBOT US Treasury Long Bond Contracts (United States) | 202 | 12/19/2025 | 23551938 | 639552 | 639552 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 1057486 |
| TOTAL PURCHASED |  |  |  |  | 1013937 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 189 | 12/19/2025 | 63681188 | (879313) | (879313) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **134624** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $7,210,081.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(f) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 13539223 | 34938087 | 42843568 | 131670 | (158) | - | 5633584 | 5632458 | 0.0% |
| Total | 13539223 | 34938087 | 42843568 | 131670 | (158) | - | 5633584 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 500963295 | 49496583 | 32380985 | 5982806 | 63825 | 6992478 | 525135196 | 52045114 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 59289291 | 926373 | 9504757 | 679043 | (2680570) | 3210989 | 51241326 | 6535883 |
| Fidelity Series All-Sector Equity Fund | 15473581 | 1507642 | 2817804 | - | 256722 | 3448661 | 17868802 | 1240889 |
| Fidelity Series Blue Chip Growth Fund | 45393328 | 2008642 | 10588258 | 1297795 | 1994768 | 10451146 | 49259626 | 2193216 |
| Fidelity Series Canada Fund | 24923668 | 10624902 | 1926291 | - | 333217 | 4753487 | 38708983 | 2019248 |
| Fidelity Series Commodity Strategy Fund | 6254931 | 2525306 | 405311 | 83733 | 22039 | (85012) | 8311953 | 89405 |
| Fidelity Series Emerging Markets Debt Fund | 16350835 | 560994 | 1119965 | 486683 | (121864) | 938329 | 16608329 | 1981901 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 5098676 | 18913 | 500691 | - | (29222) | 553847 | 5141523 | 520924 |
| Fidelity Series Emerging Markets Fund | 29610025 | 127002 | 7112477 | - | 1261353 | 5780760 | 29666663 | 2570768 |
| Fidelity Series Emerging Markets Opportunities Fund | 117549671 | 725640 | 25225301 | - | 7694056 | 19101716 | 119845782 | 5018668 |
| Fidelity Series Floating Rate High Income Fund | 2394077 | 108844 | 200991 | 95332 | (15540) | 15189 | 2301579 | 260360 |
| Fidelity Series Government Money Market Fund | 213942452 | 21567360 | 14599674 | 4754290 | - | - | 220910138 | 220910138 |
| Fidelity Series Growth Company Fund | 83112937 | 1059939 | 22384338 | - | 5732188 | 20741340 | 88262066 | 3078551 |
| Fidelity Series High Income Fund | 16651209 | 626751 | 1103203 | 553791 | (43155) | 788178 | 16919780 | 1892593 |
| Fidelity Series International Credit Fund | 3899261 | 88698 | 17909 | 88698 | 1252 | 70064 | 4041366 | 473228 |
| Fidelity Series International Developed Markets Bond Index Fund | 147675769 | 6014424 | 9820006 | 1400489 | (754901) | 2632005 | 145747291 | 16714139 |
| Fidelity Series International Growth Fund | 63811934 | 5192520 | 10003431 | - | 2633025 | 7652722 | 69286770 | 3355292 |
| Fidelity Series International Small Cap Fund | 41871734 | 109288 | 10939098 | - | 2374877 | 5829087 | 39245888 | 1932343 |
| Fidelity Series International Value Fund | 70869547 | 882495 | 15675721 | - | 6706151 | 6603717 | 69386189 | 4233447 |
| Fidelity Series Intrinsic Opportunities Fund | 12066552 | 1342154 | 2198489 | 920986 | 62356 | 475189 | 11747762 | 1084743 |
| Fidelity Series Investment Grade Bond Fund | 1107829608 | 61112488 | 89071866 | 23861086 | (5735098) | 19834552 | 1093969684 | 107251930 |
| Fidelity Series Large Cap Stock Fund | 81897176 | 7510624 | 16402563 | 4528360 | 6800692 | 6977008 | 86782937 | 3274828 |
| Fidelity Series Large Cap Value Index Fund | 24890956 | 1555966 | 2595999 | - | 535955 | 1670837 | 26057715 | 1434106 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 104776113 | 6600251 | 13803791 | 1981832 | (4346771) | 3102624 | 96328426 | 17642569 |
| Fidelity Series Opportunistic Insights Fund | 49208188 | 2349139 | 10428028 | - | 4467105 | 6894533 | 52490937 | 1822602 |
| Fidelity Series Overseas Fund | 66218781 | 1619312 | 8347704 | - | 2679544 | 5972696 | 68142629 | 4198560 |
| Fidelity Series Real Estate Income Fund | 3094855 | 101472 | 204238 | 87912 | 1834 | 65116 | 3059039 | 299906 |
| Fidelity Series Select International Small Cap Fund | 565433 | 1757175 | 273498 | - | 28131 | 401418 | 2478659 | 178193 |
| Fidelity Series Short-Term Credit Fund | 43321893 | 1141703 | 3408473 | 913997 | 39383 | 208448 | 41302954 | 4089401 |
| Fidelity Series Small Cap Core Fund | 2571696 | 11640 | 447236 | - | (40152) | 536892 | 2632840 | 200216 |
| Fidelity Series Small Cap Discovery Fund | 7659461 | 224180 | 1284707 | 126096 | (89095) | 1054683 | 7564522 | 648202 |
| Fidelity Series Small Cap Opportunities Fund | 16792557 | 670859 | 3234914 | 291640 | 990969 | 1756427 | 16975898 | 1076468 |
| Fidelity Series Stock Selector Large Cap Value Fund | 55332231 | 3648995 | 5946109 | - | 74261 | 4923837 | 58033215 | 3894847 |
| Fidelity Series Value Discovery Fund | 51635730 | 3380259 | 5924779 | - | 138691 | 3551102 | 52781003 | 3124985 |
|  | 3092997451 | 197198533 | 339898605 | 48134569 | 31036026 | 156904065 | 3138237470 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 1960493539 | 1960493539 | - | - |
|  **Domestic Equity Funds** | 478769276 | 478769276 | - | - |
|  **International Equity Funds** | 436761563 | 436761563 | - | - |
|  **Short-Term Funds** | 41302954 | 41302954 | - | - |
|  **U.S. Treasury Obligations** | 8447732 | - | 8447732 | - |
|  **Money Market Funds** | 226543722 | 226543722 | - | - |
| **Total Investments in Securities:** | 3152318786 | 3143871054 | 8447732 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 1064154 | 1064154 | - | - |
| Total Assets | 1064154 | 1064154 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (929530) | (929530) | - | - |
| Total Liabilities | (929530) | (929530) | - | - |
| **Total Derivative Instruments:** | 134624 | 134624 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 6668 | (929530) |
| **Total Equity Risk**  | 6668 | (929530) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 1057486 | - |
| **Total Interest Rate Risk**  | 1057486 | - |
| **Total Value of Derivatives** | 1064154 | (929530) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2010 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $8,446,615) | $8447732 |  |
| Fidelity Central Funds (cost $5,633,584) | 5633584 |  |
| Other affiliated issuers (cost $2,852,288,113) | 3138237470 |  |
| Total Investment in Securities (cost $2,866,368,312) |  | $3152318786 |
| Receivable for investments sold |  | 23051839 |
| Receivable for fund shares sold |  | 1636033 |
| Distributions receivable from Fidelity Central Funds |  | 23127 |
| **Total assets** |  | 3177029785 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $21887204 |  |
| Payable for fund shares redeemed | 2800451 |  |
| Accrued management fee | 1097434 |  |
| Payable for daily variation margin on futures contracts | 242263 |  |
| Other payables and accrued expenses | 9 |  |
| **Total liabilities** |  | 26027361 |
| **Net Assets**  |  | $3151002424 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $2818859635 |
| Total accumulated earnings (loss) |  | 332142789 |
| **Net Assets** |  | $3151002424 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2010 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($2,049,708,459 ÷ 135,755,296 shares) |  | $15.10 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($612,456,615 ÷ 40,587,622 shares) |  | $15.09 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($488,837,350 ÷ 32,578,292 shares) |  | $15.01 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $41917792 |
| Interest  |  | 208434 |
| Income from Fidelity Central Funds  |  | 131670 |
| **Total income** |  | 42257896 |
| **Expenses** |  |  |
| Management fee | $6538185 |  |
| Independent trustees' fees and expenses | 3594 |  |
| Total expenses before reductions | 6541779 |  |
| Expense reductions | (28) |  |
| Total expenses after reductions |  | 6541751 |
| **Net Investment income (loss)** |  | 35716145 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (1598) |  |
| Redemptions in-kind | 1564619 |  |
| Fidelity Central Funds | (158) |  |
| Other affiliated issuers | 29471407 |  |
| Futures contracts | (4009606) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 6216777 |  |
| Total net realized gain (loss) |  | 33241441 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 1304 |  |
| Affiliated issuers  | 156904065 |  |
| Futures contracts | (493547) |  |
| Total change in net unrealized appreciation (depreciation) |  | 156411822 |
| **Net gain (loss)** |  | 189653263 |
| **Net increase (decrease) in net assets resulting from operations** |  | $225369408 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $35716145 | $97015557 |
| &nbsp;&nbsp;Net realized gain (loss) | 33241441<br>| 47460222<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 156411822 | 31424973<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 225369408<br>| 175900752<br>|
| Distributions to shareholders | (37833310)<br>| (95820712)<br>|
| Share transactions - net increase (decrease) | (146432246)<br>| (499965471)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 41103852<br>| (419885431)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 3109898572 | 3529784003<br>|
| &nbsp;&nbsp;End of period | $3151002424 | $3109898572 |

---

**Financial Highlights** 

**Fidelity Freedom® 2010 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.22 | $13.91 | $13.29 | $14.98 | $16.42 | $14.31 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .16  | .41  | .38  | .44  | .38  | .17  |
| Net realized and unrealized gain (loss)  | .89  | .32  | .61  | (1.21)  | (.35)  | 2.92  |
| Total from investment operations  | 1.05  | .73  | .99  | (.77)  | .03  | 3.09  |
| Distributions from net investment income  | (.06)  | (.42)  | (.37)  | (.43)  | (.39)  | (.20)  |
| Distributions from net realized gain  | (.11)  | -  | -  | (.50)  | (1.07)  | (.78)  |
| Total distributions  | (.17)  | (.42)  | (.37)  | (.92) C | (1.47) C | (.98)  |
| Net asset value, end of period  | $15.10 | $14.22 | $13.91 | $13.29 | $14.98 | $16.42 |
| **Total Return** D,E | 7.49% <br>| 5.29%  | 7.53%  | (5.00)%  | (.17)%  | 22.04%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .46% H | .47%  | .48%  | .49%  | .50%  | .51%  |
| Expenses net of fee waivers, if any  | .46% H<br>| .47%  | .48%  | .49%  | .50%  | .51%  |
| Expenses net of all reductions, if any  | .46% H | .47%  | .48%  | .49%  | .50%  | .51%  |
| Net investment income (loss)  | 2.25% H | 2.86%  | 2.83%  | 3.29%  | 2.32%  | 1.08%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $2049708 | $2031903 | $2418308 | $2793349 | $3401089 | $3814845 |
| Portfolio turnover rate I | 13% H,J<br>| 14% J | 13% J | 20% J | 34%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2010 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.21 | $13.90 | $13.28 | $14.98 | $16.41 | $14.30 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .17  | .41  | .39  | .45  | .39  | .18  |
| Net realized and unrealized gain (loss)  | .88  | .32  | .62  | (1.22)  | (.35)  | 2.92  |
| Total from investment operations  | 1.05  | .73  | 1.01  | (.77)  | .04  | 3.10  |
| Distributions from net investment income  | (.06)  | (.42)  | (.39)  | (.43)  | (.40)  | (.20)  |
| Distributions from net realized gain  | (.11)  | -  | -  | (.50)  | (1.07)  | (.78)  |
| Total distributions  | (.17)  | (.42)  | (.39)  | (.93)  | (1.47)  | (.99) C |
| Net asset value, end of period  | $15.09 | $14.21 | $13.90 | $13.28 | $14.98 | $16.41 |
| **Total Return** D,E | 7.50% <br>| 5.36%  | 7.64%  | (5.03)%  | (.07)%  | 22.11%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .42% H | .42%  | .43%  | .44%  | .44%  | .45%  |
| Expenses net of fee waivers, if any  | .42% H<br>| .42%  | .43%  | .44%  | .44%  | .45%  |
| Expenses net of all reductions, if any  | .42% H | .42%  | .43%  | .44%  | .44%  | .45%  |
| Net investment income (loss)  | 2.29% H | 2.91%  | 2.89%  | 3.34%  | 2.38%  | 1.14%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $612457 | $631502 | $806533 | $777490 | $1085375 | $1444009 |
| Portfolio turnover rate I | 13% H,J<br>| 14% J | 13% J | 20% J | 34%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2010 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.13 | $13.84 | $13.21 | $14.91 | $16.35 | $14.25 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .18  | .44  | .41  | .45  | .39  | .19  |
| Net realized and unrealized gain (loss)  | .88  | .31  | .62  | (1.21)  | (.34)  | 2.91  |
| Total from investment operations  | 1.06  | .75  | 1.03  | (.76)  | .05  | 3.10  |
| Distributions from net investment income  | (.07)  | (.46)  | (.40)  | (.44)  | (.42)  | (.22)  |
| Distributions from net realized gain  | (.11)  | -  | -  | (.50)  | (1.07)  | (.78)  |
| Total distributions  | (.18)  | (.46)  | (.40)  | (.94)  | (1.49)  | (1.00)  |
| Net asset value, end of period  | $15.01 | $14.13 | $13.84 | $13.21 | $14.91 | $16.35 |
| **Total Return** C,D | 7.53% <br>| 5.50%  | 7.90%  | (4.97)%  | (.02)%  | 22.23%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .24% G | .25%  | .25%  | .38%  | .38%  | .38%  |
| Expenses net of fee waivers, if any  | .24% G<br>| .25%  | .25%  | .38%  | .38%  | .38%  |
| Expenses net of all reductions, if any  | .24% G | .25%  | .25%  | .38%  | .38%  | .38%  |
| Net investment income (loss)  | 2.47% G | 3.09%  | 3.06%  | 3.40%  | 2.44%  | 1.20%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $488837 | $446494 | $304943 | $289769 | $330459 | $320359 |
| Portfolio turnover rate H | 13% G,I<br>| 14% I | 13% I | 20% I | 34%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

I*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2015 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 56.0%** | &nbsp;&nbsp;**Bond Funds - 56.0%** | &nbsp;&nbsp;**Bond Funds - 56.0%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 47917686 | 483489457 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 23694787 | 185767131 |
| Fidelity Series Emerging Markets Debt Fund (b) | 2695706 | 22590012 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 758017 | 7481627 |
| Fidelity Series Floating Rate High Income Fund (b) | 367199 | 3246039 |
| Fidelity Series High Income Fund (b) | 2604462 | 23283887 |
| Fidelity Series International Credit Fund (b) | 720528 | 6153309 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 23338421 | 203511029 |
| Fidelity Series Investment Grade Bond Fund (b) | 134914675 | 1376129687 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 26596907 | 145219112 |
| Fidelity Series Real Estate Income Fund (b) | 406858 | 4149953 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $2,660,669,653) |  | **2461021243** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 20.5%** | &nbsp;&nbsp;**Domestic Equity Funds - 20.5%** | &nbsp;&nbsp;**Domestic Equity Funds - 20.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 2347101 | 33798254 |
| Fidelity Series Blue Chip Growth Fund (b) | 4144677 | 93089451 |
| Fidelity Series Commodity Strategy Fund (b) | 129605 | 12049358 |
| Fidelity Series Growth Company Fund (b) | 5817896 | 166799071 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 2049867 | 22200065 |
| Fidelity Series Large Cap Stock Fund (b) | 6189925 | 164033013 |
| Fidelity Series Large Cap Value Index Fund (b) | 2711758 | 49272643 |
| Fidelity Series Opportunistic Insights Fund (b) | 3445370 | 99226652 |
| Fidelity Series Small Cap Core Fund (b) | 378362 | 4975457 |
| Fidelity Series Small Cap Discovery Fund (b) | 1224930 | 14294932 |
| Fidelity Series Small Cap Opportunities Fund (b) | 2034219 | 32079638 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 7362277 | 109697925 |
| Fidelity Series Value Discovery Fund (b) | 5907140 | 99771592 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $449,112,332) |  | **901288051** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 17.5%** | &nbsp;&nbsp;**International Equity Funds - 17.5%** | &nbsp;&nbsp;**International Equity Funds - 17.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 3549542 | 68044722 |
| Fidelity Series Emerging Markets Fund (b) | 4404477 | 50827668 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 8621085 | 205871504 |
| Fidelity Series International Growth Fund (b) | 6213224 | 128303078 |
| Fidelity Series International Small Cap Fund (b) | 2693058 | 54696014 |
| Fidelity Series International Value Fund (b) | 7873618 | 129048607 |
| Fidelity Series Overseas Fund (b) | 7867299 | 127686263 |
| Fidelity Series Select International Small Cap Fund (b) | 248379 | 3454949 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $423,123,271) |  | **767932805** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Short-Term Funds - 0.8%** | &nbsp;&nbsp;**Short-Term Funds - 0.8%** | &nbsp;&nbsp;**Short-Term Funds - 0.8%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Short-Term Credit Fund (b)<br>(Cost $32,445,706)<br>| 3267938 | **33006172** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025  | 4.28 | 740000 | 738749 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 6680000 | 6663559 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 4300000 | 4285957 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $11,686,682) |  |  | **11688265** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.21 | 7813860 | 7815423 |
| Fidelity Series Government Money Market Fund (b)(f) | 4.23 | 211707457 | 211707457 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $219,522,880) |  |  | **219522880** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $3,796,560,524)<br>| <br>**4394459416** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(1900208)** |
| **NET ASSETS - 100.0%** | **4392559208** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 208 | 12/19/2025 | 28967120 | (68344) | (68344) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 912 | 12/19/2025 | 102585750 | 549600 | 549600 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 305 | 12/19/2025 | 35103594 | 33068 | 33068 |
| CBOT US Treasury Long Bond Contracts (United States) | 282 | 12/19/2025 | 32879438 | 889454 | 889454 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 1472122 |
| TOTAL PURCHASED |  |  |  |  | 1403778 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 263 | 12/19/2025 | 88614563 | (1223594) | (1223594) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 3 | 12/19/2025 | 203955 | 44 | 44 |
| TOTAL SOLD |  |  |  |  | (1223550) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **180228** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $9,951,977.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(f) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 18870370 | 47069282 | 58124011 | 182181 | (218) | - | 7815423 | 7813860 | 0.0% |
| Total | 18870370 | 47069282 | 58124011 | 182181 | (218) | - | 7815423 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 453673549 | 56055069 | 32662609 | 5435278 | 35723 | 6387725 | 483489457 | 47917686 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 195874012 | 2487156 | 14579344 | 2279348 | (3975514) | 5960821 | 185767131 | 23694787 |
| Fidelity Series All-Sector Equity Fund | 29612635 | 2382415 | 5315710 | - | 918677 | 6200237 | 33798254 | 2347101 |
| Fidelity Series Blue Chip Growth Fund | 86877366 | 2583211 | 20306725 | 2468363 | 5757032 | 18178567 | 93089451 | 4144677 |
| Fidelity Series Canada Fund | 47165982 | 15246760 | 3716070 | - | 1049231 | 8298819 | 68044722 | 3549542 |
| Fidelity Series Commodity Strategy Fund | 8679983 | 4077887 | 619122 | 114874 | 33825 | (123215) | 12049358 | 129605 |
| Fidelity Series Emerging Markets Debt Fund | 22502574 | 690055 | 1712998 | 664116 | (241311) | 1351692 | 22590012 | 2695706 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 7181221 | 6596 | 442950 | - | (2575) | 739335 | 7481627 | 758017 |
| Fidelity Series Emerging Markets Fund | 50159388 | 54687 | 11350554 | - | 2110912 | 9853235 | 50827668 | 4404477 |
| Fidelity Series Emerging Markets Opportunities Fund | 200762373 | 351157 | 40835203 | - | 12409053 | 33184124 | 205871504 | 8621085 |
| Fidelity Series Floating Rate High Income Fund | 3416025 | 139507 | 308751 | 134790 | (26442) | 25700 | 3246039 | 367199 |
| Fidelity Series Government Money Market Fund | 197608024 | 27683432 | 13583999 | 4454337 | - | - | 211707457 | 211707457 |
| Fidelity Series Growth Company Fund | 158854040 | 179155 | 43086517 | - | 15284496 | 35567897 | 166799071 | 5817896 |
| Fidelity Series High Income Fund | 23154310 | 789616 | 1687098 | 764147 | (73232) | 1100291 | 23283887 | 2604462 |
| Fidelity Series International Credit Fund | 5933233 | 135000 | 23574 | 135000 | 1694 | 106956 | 6153309 | 720528 |
| Fidelity Series International Developed Markets Bond Index Fund | 205370797 | 10554561 | 14998002 | 1945122 | (536515) | 3120188 | 203511029 | 23338421 |
| Fidelity Series International Growth Fund | 119250439 | 5880031 | 15900754 | - | 5310348 | 13763014 | 128303078 | 6213224 |
| Fidelity Series International Small Cap Fund | 58448043 | 33219 | 15174486 | - | 4163457 | 7225781 | 54696014 | 2693058 |
| Fidelity Series International Value Fund | 134493683 | 148702 | 30314313 | - | 13278915 | 11441620 | 129048607 | 7873618 |
| Fidelity Series Intrinsic Opportunities Fund | 23026291 | 2172249 | 4067469 | 1740923 | 169448 | 899546 | 22200065 | 2049867 |
| Fidelity Series Investment Grade Bond Fund | 1382265427 | 86008827 | 109739917 | 29741192 | (4624852) | 22220202 | 1376129687 | 134914675 |
| Fidelity Series Large Cap Stock Fund | 156537168 | 10015346 | 29088866 | 8641271 | 14058667 | 12510698 | 164033013 | 6189925 |
| Fidelity Series Large Cap Value Index Fund | 47465060 | 2306252 | 4745896 | - | 1289623 | 2957604 | 49272643 | 2711758 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 157464313 | 9733611 | 20215539 | 2949895 | (6658540) | 4895267 | 145219112 | 26596907 |
| Fidelity Series Opportunistic Insights Fund | 94157732 | 2362327 | 19139032 | - | 8833212 | 13012413 | 99226652 | 3445370 |
| Fidelity Series Overseas Fund | 124664781 | 220003 | 13268874 | - | 4976080 | 11094273 | 127686263 | 7867299 |
| Fidelity Series Real Estate Income Fund | 4246950 | 124348 | 312109 | 119560 | 1537 | 89227 | 4149953 | 406858 |
| Fidelity Series Select International Small Cap Fund | 784519 | 2372409 | 291735 | - | 30532 | 559224 | 3454949 | 248379 |
| Fidelity Series Short-Term Credit Fund | 35463757 | 790066 | 3446719 | 737150 | 24731 | 174337 | 33006172 | 3267938 |
| Fidelity Series Small Cap Core Fund | 4967727 | 4554 | 948350 | - | (71617) | 1023143 | 4975457 | 378362 |
| Fidelity Series Small Cap Discovery Fund | 14525224 | 317877 | 2406278 | 243860 | (126346) | 1984455 | 14294932 | 1224930 |
| Fidelity Series Small Cap Opportunities Fund | 31827511 | 868964 | 5897752 | 550258 | 1751405 | 3529510 | 32079638 | 2034219 |
| Fidelity Series Stock Selector Large Cap Value Fund | 105603253 | 5292047 | 10805180 | - | 365908 | 9241897 | 109697925 | 7362277 |
| Fidelity Series Value Discovery Fund | 98535071 | 4145063 | 9990555 | - | 1518425 | 5563588 | 99771592 | 5907140 |
|  | 4290552461 | 256212159 | 500983050 | 63119484 | 77035987 | 252138171 | 4374955728 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 2461021243 | 2461021243 | - | - |
|  **Domestic Equity Funds** | 901288051 | 901288051 | - | - |
|  **International Equity Funds** | 767932805 | 767932805 | - | - |
|  **Short-Term Funds** | 33006172 | 33006172 | - | - |
|  **U.S. Treasury Obligations** | 11688265 | - | 11688265 | - |
|  **Money Market Funds** | 219522880 | 219522880 | - | - |
| **Total Investments in Securities:** | 4394459416 | 4382771151 | 11688265 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 1472166 | 1472166 | - | - |
| Total Assets | 1472166 | 1472166 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (1291938) | (1291938) | - | - |
| Total Liabilities | (1291938) | (1291938) | - | - |
| **Total Derivative Instruments:** | 180228 | 180228 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 44 | (1291938) |
| **Total Equity Risk**  | 44 | (1291938) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 1472122 | - |
| **Total Interest Rate Risk**  | 1472122 | - |
| **Total Value of Derivatives** | 1472166 | (1291938) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2015 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $11,686,682) | $11688265 |  |
| Fidelity Central Funds (cost $7,815,423) | 7815423 |  |
| Other affiliated issuers (cost $3,777,058,419) | 4374955728 |  |
| Total Investment in Securities (cost $3,796,560,524) |  | $4394459416 |
| Receivable for investments sold |  | 26659124 |
| Receivable for fund shares sold |  | 1817051 |
| Distributions receivable from Fidelity Central Funds |  | 32072 |
| **Total assets** |  | 4422967663 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $24405825 |  |
| Payable for fund shares redeemed | 4070298 |  |
| Accrued management fee | 1601937 |  |
| Payable for daily variation margin on futures contracts | 330395 |  |
| **Total liabilities** |  | 30408455 |
| **Net Assets**  |  | $4392559208 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $3699834277 |
| Total accumulated earnings (loss) |  | 692724931 |
| **Net Assets** |  | $4392559208 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2015 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($2,484,080,464 ÷ 199,472,279 shares) |  | $12.45 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($982,931,399 ÷ 79,050,983 shares) |  | $12.43 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($925,547,345 ÷ 74,803,207 shares) |  | $12.37 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $51279368 |
| Interest  |  | 287566 |
| Income from Fidelity Central Funds  |  | 182181 |
| **Total income** |  | 51749115 |
| **Expenses** |  |  |
| Management fee | $9534011 |  |
| Independent trustees' fees and expenses | 4987 |  |
| Total expenses before reductions | 9538998 |  |
| Expense reductions | (12) |  |
| Total expenses after reductions |  | 9538986 |
| **Net Investment income (loss)** |  | 42210129 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (2258) |  |
| Redemptions in-kind | 2754828 |  |
| Fidelity Central Funds | (218) |  |
| Other affiliated issuers | 74281159 |  |
| Futures contracts | (5747752) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 11840116 |  |
| Total net realized gain (loss) |  | 83125875 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 1846 |  |
| Affiliated issuers  | 252138171 |  |
| Futures contracts | (742121) |  |
| Total change in net unrealized appreciation (depreciation) |  | 251397896 |
| **Net gain (loss)** |  | 334523771 |
| **Net increase (decrease) in net assets resulting from operations** |  | $376733900 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $42210129 | $127904314 |
| &nbsp;&nbsp;Net realized gain (loss) | 83125875<br>| 123770763<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 251397896 | (4311174)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 376733900<br>| 247363903<br>|
| Distributions to shareholders | (81909480)<br>| (181676640)<br>|
| Share transactions - net increase (decrease) | (216317869)<br>| (896587528)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 78506551<br>| (830900265)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 4314052657 | 5144952922<br>|
| &nbsp;&nbsp;End of period | $4392559208 | $4314052657 |

---

**Financial Highlights** 

**Fidelity Freedom® 2015 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.64 | $11.50 | $10.79 | $12.37 | $13.69 | $11.53 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .11  | .31  | .29  | .34  | .31  | .14  |
| Net realized and unrealized gain (loss)  | .92  | .28  | .71  | (1.06)  | (.23)  | 2.94  |
| Total from investment operations  | 1.03  | .59  | 1.00  | (.72)  | .08  | 3.08  |
| Distributions from net investment income  | (.04)  | (.33)  | (.28)  | (.34)  | (.33)  | (.16)  |
| Distributions from net realized gain  | (.18)  | (.13)  | (.02)  | (.53)  | (1.08)  | (.76)  |
| Total distributions  | (.22)  | (.45) C | (.29) C | (.86) C | (1.40) C | (.92)  |
| Net asset value, end of period  | $12.45 | $11.64 | $11.50 | $10.79 | $12.37 | $13.69 |
| **Total Return** D,E | 9.02% <br>| 5.24%  | 9.37%  | (5.65)%  | .19%  | 27.45%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .50% H | .52%  | .53%  | .53%  | .54%  | .55%  |
| Expenses net of fee waivers, if any  | .50% H<br>| .52%  | .53%  | .53%  | .54%  | .55%  |
| Expenses net of all reductions, if any  | .50% H | .52%  | .53%  | .53%  | .54%  | .55%  |
| Net investment income (loss)  | 1.89% H | 2.64%  | 2.62%  | 3.11%  | 2.31%  | 1.07%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $2484080 | $2428201 | $3086897 | $3643870 | $4530090 | $5028435 |
| Portfolio turnover rate I | 12% H,J<br>| 14% J | 13% J | 21% J | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2015 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.62 | $11.48 | $10.78 | $12.36 | $13.67 | $11.52 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .12  | .31  | .29  | .34  | .32  | .15  |
| Net realized and unrealized gain (loss)  | .91  | .29  | .72  | (1.05)  | (.22)  | 2.93  |
| Total from investment operations  | 1.03  | .60  | 1.01  | (.71)  | .10  | 3.08  |
| Distributions from net investment income  | (.04)  | (.33)  | (.29)  | (.34)  | (.33)  | (.17)  |
| Distributions from net realized gain  | (.18)  | (.13)  | (.02)  | (.53)  | (1.08)  | (.76)  |
| Total distributions  | (.22)  | (.46)  | (.31)  | (.87)  | (1.41)  | (.93)  |
| Net asset value, end of period  | $12.43 | $11.62 | $11.48 | $10.78 | $12.36 | $13.67 |
| **Total Return** C,D | 9.05% <br>| 5.32%  | 9.42%  | (5.60)%  | .31%  | 27.45%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .45% G | .45%  | .46%  | .47%  | .48%  | .48%  |
| Expenses net of fee waivers, if any  | .45% G<br>| .45%  | .46%  | .47%  | .48%  | .48%  |
| Expenses net of all reductions, if any  | .45% G | .45%  | .46%  | .47%  | .48%  | .48%  |
| Net investment income (loss)  | 1.94% G | 2.70%  | 2.69%  | 3.17%  | 2.37%  | 1.14%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $982931 | $1050923 | $1414359 | $1365140 | $1988710 | $2592940 |
| Portfolio turnover rate H | 12% G,I<br>| 14% I | 13% I | 21% I | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

I*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2015 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.56 | $11.43 | $10.73 | $12.32 | $13.63 | $11.49 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .13  | .34  | .31  | .35  | .33  | .16  |
| Net realized and unrealized gain (loss)  | .91  | .28  | .71  | (1.06)  | (.22)  | 2.92  |
| Total from investment operations  | 1.04  | .62  | 1.02  | (.71)  | .11  | 3.08  |
| Distributions from net investment income  | (.05)  | (.36)  | (.31)  | (.35)  | (.35)  | (.18)  |
| Distributions from net realized gain  | (.18)  | (.13)  | (.02)  | (.53)  | (1.08)  | (.76)  |
| Total distributions  | (.23)  | (.49)  | (.32) C | (.88)  | (1.42) C | (.94)  |
| Net asset value, end of period  | $12.37 | $11.56 | $11.43 | $10.73 | $12.32 | $13.63 |
| **Total Return** D,E | 9.16% <br>| 5.54%  | 9.61%  | (5.58)%  | .43%  | 27.58%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .26% H | .26%  | .27%  | .40%  | .40%  | .40%  |
| Expenses net of fee waivers, if any  | .26% H<br>| .26%  | .27%  | .40%  | .40%  | .40%  |
| Expenses net of all reductions, if any  | .26% H | .26%  | .27%  | .40%  | .40%  | .40%  |
| Net investment income (loss)  | 2.13% H | 2.89%  | 2.88%  | 3.24%  | 2.45%  | 1.22%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $925547 | $834929 | $643697 | $598423 | $666631 | $746814 |
| Portfolio turnover rate I | 12% H,J<br>| 14% J | 13% J | 21% J | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2020 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 49.8%** | &nbsp;&nbsp;**Bond Funds - 49.8%** | &nbsp;&nbsp;**Bond Funds - 49.8%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 70019564 | 706497401 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 112239527 | 879957893 |
| Fidelity Series Emerging Markets Debt Fund (b) | 7684132 | 64393030 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 2116909 | 20893889 |
| Fidelity Series Floating Rate High Income Fund (b) | 1227191 | 10848370 |
| Fidelity Series High Income Fund (b) | 7598928 | 67934414 |
| Fidelity Series International Credit Fund (b) | 2397373 | 20473565 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 68877124 | 600608524 |
| Fidelity Series Investment Grade Bond Fund (b) | 355204193 | 3623082771 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 84279465 | 460165877 |
| Fidelity Series Real Estate Income Fund (b) | 1202318 | 12263643 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $7,167,981,650) |  | **6467119377** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 25.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 25.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 25.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 8782410 | 126466703 |
| Fidelity Series Blue Chip Growth Fund (b) | 15508511 | 348321153 |
| Fidelity Series Commodity Strategy Fund (b) | 358520 | 33331633 |
| Fidelity Series Growth Company Fund (b) | 21769450 | 624130135 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 7669974 | 83065822 |
| Fidelity Series Large Cap Stock Fund (b) | 23161498 | 613779709 |
| Fidelity Series Large Cap Value Index Fund (b) | 10146781 | 184367014 |
| Fidelity Series Opportunistic Insights Fund (b) | 12891816 | 371284287 |
| Fidelity Series Small Cap Core Fund (b) | 1415705 | 18616518 |
| Fidelity Series Small Cap Discovery Fund (b) | 4583278 | 53486857 |
| Fidelity Series Small Cap Opportunities Fund (b) | 7611477 | 120032997 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 27547997 | 410465156 |
| Fidelity Series Value Discovery Fund (b) | 22103160 | 373322371 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $1,668,766,066) |  | **3360670355** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 21.1%** | &nbsp;&nbsp;**International Equity Funds - 21.1%** | &nbsp;&nbsp;**International Equity Funds - 21.1%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 12604788 | 241633790 |
| Fidelity Series Emerging Markets Fund (b) | 15463110 | 178444288 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 30276551 | 723004043 |
| Fidelity Series International Growth Fund (b) | 23021017 | 475384007 |
| Fidelity Series International Small Cap Fund (b) | 7956513 | 161596778 |
| Fidelity Series International Value Fund (b) | 29261613 | 479597837 |
| Fidelity Series Overseas Fund (b) | 29059825 | 471640964 |
| Fidelity Series Select International Small Cap Fund (b) | 734137 | 10211851 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $1,522,315,062) |  | **2741513558** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Short-Term Funds - 0.1%** | &nbsp;&nbsp;**Short-Term Funds - 0.1%** | &nbsp;&nbsp;**Short-Term Funds - 0.1%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Short-Term Credit Fund (b)<br>(Cost $24,871,094)<br>| 2526444 | **25517086** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025  | 4.28 | 2370000 | 2365996 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 19460000 | 19412104 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 12530000 | 12489079 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $34,262,549) |  |  | **34267179** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.21 | 22438463 | 22442951 |
| Fidelity Series Government Money Market Fund (b)(f) | 4.23 | 335332774 | 335332774 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $357,775,725) |  |  | **357775725** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $10,775,972,146)<br>| <br>**12986863280** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(5879427)** |
| **NET ASSETS - 100.0%** | **12980983853** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 602 | 12/19/2025 | 83837530 | (194952) | (194952) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 2696 | 12/19/2025 | 303257875 | 1625332 | 1625332 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 901 | 12/19/2025 | 103699469 | 98562 | 98562 |
| CBOT US Treasury Long Bond Contracts (United States) | 832 | 12/19/2025 | 97006000 | 2627422 | 2627422 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 4351316 |
| TOTAL PURCHASED |  |  |  |  | 4156364 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 775 | 12/19/2025 | 261126563 | (3605648) | (3605648) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 39 | 12/19/2025 | 2651415 | 568 | 568 |
| TOTAL SOLD |  |  |  |  | (3605080) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **551284** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $29,192,865.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(f) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 55333612 | 137251158 | 170141179 | 538561 | (640) | - | 22442951 | 22438463 | 0.0% |
| Total | 55333612 | 137251158 | 170141179 | 538561 | (640) | - | 22442951 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 611011587 | 132473149 | 46006871 | 7535140 | 192366 | 8827170 | 706497401 | 70019564 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 904772088 | 39220957 | 73529434 | 10702154 | (11247138) | 20741420 | 879957893 | 112239527 |
| Fidelity Series All-Sector Equity Fund | 110511559 | 5591761 | 16063408 | - | 3049552 | 23377239 | 126466703 | 8782410 |
| Fidelity Series Blue Chip Growth Fund | 324439017 | 9656578 | 75331653 | 9247021 | 21624877 | 67932334 | 348321153 | 15508511 |
| Fidelity Series Canada Fund | 174819988 | 46482215 | 13949088 | - | 4360273 | 29920402 | 241633790 | 12604788 |
| Fidelity Series Commodity Strategy Fund | 25376354 | 10120877 | 1898493 | 334425 | 93986 | (361091) | 33331633 | 358520 |
| Fidelity Series Emerging Markets Debt Fund | 64527472 | 1975983 | 5271470 | 1896533 | (869413) | 4030458 | 64393030 | 7684132 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 20181114 | 20206 | 1368494 | - | (66602) | 2127665 | 20893889 | 2116909 |
| Fidelity Series Emerging Markets Fund | 173404903 | 197605 | 36721495 | - | 7156204 | 34407071 | 178444288 | 15463110 |
| Fidelity Series Emerging Markets Opportunities Fund | 694056237 | 924329 | 130360386 | - | 38778810 | 119605053 | 723004043 | 30276551 |
| Fidelity Series Floating Rate High Income Fund | 11344538 | 462986 | 956096 | 448535 | (83869) | 80811 | 10848370 | 1227191 |
| Fidelity Series Government Money Market Fund | 288373255 | 67748063 | 20788544 | 6828702 | - | - | 335332774 | 335332774 |
| Fidelity Series Growth Company Fund | 592265585 | 721128 | 159418439 | - | 57559929 | 133001932 | 624130135 | 21769450 |
| Fidelity Series High Income Fund | 67839645 | 2309864 | 5206149 | 2231851 | (273861) | 3264915 | 67934414 | 7598928 |
| Fidelity Series International Credit Fund | 19778274 | 449814 | 115829 | 449814 | 5476 | 355830 | 20473565 | 2397373 |
| Fidelity Series International Developed Markets Bond Index Fund | 602463477 | 36908131 | 46272959 | 5712153 | (1142742) | 8652617 | 600608524 | 68877124 |
| Fidelity Series International Growth Fund | 443724245 | 22312981 | 60940769 | - | 19871488 | 50416062 | 475384007 | 23021017 |
| Fidelity Series International Small Cap Fund | 171871501 | 36399 | 43694738 | - | 17669422 | 15714194 | 161596778 | 7956513 |
| Fidelity Series International Value Fund | 500545806 | 590087 | 112944343 | - | 47943494 | 43462793 | 479597837 | 29261613 |
| Fidelity Series Intrinsic Opportunities Fund | 85682094 | 7465111 | 14125063 | 6496211 | 538945 | 3504735 | 83065822 | 7669974 |
| Fidelity Series Investment Grade Bond Fund | 3590245858 | 281966074 | 295172927 | 77480585 | (17284056) | 63327822 | 3623082771 | 355204193 |
| Fidelity Series Large Cap Stock Fund | 583648156 | 34892263 | 104248054 | 32437849 | 49127045 | 50360299 | 613779709 | 23161498 |
| Fidelity Series Large Cap Value Index Fund | 176623020 | 5924195 | 14007188 | - | 3611530 | 12215457 | 184367014 | 10146781 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 494890559 | 33136733 | 62394552 | 9244014 | (19260411) | 13793548 | 460165877 | 84279465 |
| Fidelity Series Opportunistic Insights Fund | 351529838 | 6312330 | 68358524 | - | 31847685 | 49952958 | 371284287 | 12891816 |
| Fidelity Series Overseas Fund | 460217011 | 976415 | 48621814 | - | 17770956 | 41298396 | 471640964 | 29059825 |
| Fidelity Series Real Estate Income Fund | 12633671 | 367550 | 1005778 | 352960 | 5906 | 262294 | 12263643 | 1202318 |
| Fidelity Series Select International Small Cap Fund | 2294251 | 6972346 | 779581 | - | 75108 | 1649727 | 10211851 | 734137 |
| Fidelity Series Short-Term Credit Fund | 29777601 | 674926 | 5092326 | 593914 | 60881 | 96004 | 25517086 | 2526444 |
| Fidelity Series Small Cap Core Fund | 18618981 | 9787 | 3567693 | - | (286793) | 3842236 | 18616518 | 1415705 |
| Fidelity Series Small Cap Discovery Fund | 54083457 | 946510 | 8510222 | 915946 | (356263) | 7323375 | 53486857 | 4583278 |
| Fidelity Series Small Cap Opportunities Fund | 118361606 | 2435011 | 20550377 | 2056073 | 5567292 | 14219465 | 120032997 | 7611477 |
| Fidelity Series Stock Selector Large Cap Value Fund | 393019241 | 16220305 | 34668728 | - | 798954 | 35095384 | 410465156 | 27547997 |
| Fidelity Series Value Discovery Fund | 366662397 | 12453620 | 32339584 | - | 7211410 | 19334528 | 373322371 | 22103160 |
|  | 12539594386 | 788956289 | 1564281069 | 174963880 | 284050441 | 881833103 | 12930153150 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 6467119377 | 6467119377 | - | - |
|  **Domestic Equity Funds** | 3360670355 | 3360670355 | - | - |
|  **International Equity Funds** | 2741513558 | 2741513558 | - | - |
|  **Short-Term Funds** | 25517086 | 25517086 | - | - |
|  **U.S. Treasury Obligations** | 34267179 | - | 34267179 | - |
|  **Money Market Funds** | 357775725 | 357775725 | - | - |
| **Total Investments in Securities:** | 12986863280 | 12952596101 | 34267179 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 4351884 | 4351884 | - | - |
| Total Assets | 4351884 | 4351884 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (3800600) | (3800600) | - | - |
| Total Liabilities | (3800600) | (3800600) | - | - |
| **Total Derivative Instruments:** | 551284 | 551284 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 568 | (3800600) |
| **Total Equity Risk**  | 568 | (3800600) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 4351316 | - |
| **Total Interest Rate Risk**  | 4351316 | - |
| **Total Value of Derivatives** | 4351884 | (3800600) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2020 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $34,262,549) | $34267179 |  |
| Fidelity Central Funds (cost $22,442,951) | 22442951 |  |
| Other affiliated issuers (cost $10,719,266,646) | 12930153150 |  |
| Total Investment in Securities (cost $10,775,972,146) |  | $12986863280 |
| Receivable for investments sold |  | 95565317 |
| Receivable for fund shares sold |  | 15157658 |
| Distributions receivable from Fidelity Central Funds |  | 92483 |
| Other receivables |  | 5499 |
| **Total assets** |  | 13097684237 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $83652357 |  |
| Payable for fund shares redeemed | 27070322 |  |
| Accrued management fee | 5015968 |  |
| Payable for daily variation margin on futures contracts | 961737 |  |
| **Total liabilities** |  | 116700384 |
| **Net Assets**  |  | $12980983853 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $10439398177 |
| Total accumulated earnings (loss) |  | 2541585676 |
| **Net Assets** |  | $12980983853 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2020 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($6,241,395,502 ÷ 394,963,496 shares) |  | $15.80 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($3,504,680,690 ÷ 221,987,398 shares) |  | $15.79 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($3,234,907,661 ÷ 205,915,609 shares) |  | $15.71 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $130573643 |
| Interest  |  | 826875 |
| Income from Fidelity Central Funds  |  | 538561 |
| **Total income** |  | 131939079 |
| **Expenses** |  |  |
| Management fee | $29621940 |  |
| Independent trustees' fees and expenses | 14611 |  |
| Total expenses before reductions | 29636551 |  |
| Expense reductions | (66) |  |
| Total expenses after reductions |  | 29636485 |
| **Net Investment income (loss)** |  | 102302594 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (917) |  |
| Redemptions in-kind | 13655902 |  |
| Fidelity Central Funds | (640) |  |
| Other affiliated issuers | 270394539 |  |
| Futures contracts | (15986409) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 44390237 |  |
| Total net realized gain (loss) |  | 312452712 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 5406 |  |
| Affiliated issuers  | 881833103 |  |
| Futures contracts | (2639679) |  |
| Total change in net unrealized appreciation (depreciation) |  | 879198830 |
| **Net gain (loss)** |  | 1191651542 |
| **Net increase (decrease) in net assets resulting from operations** |  | $1293954136 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $102302594 | $350949622 |
| &nbsp;&nbsp;Net realized gain (loss) | 312452712<br>| 573958973<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 879198830 | (167502467)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 1293954136<br>| 757406128<br>|
| Distributions to shareholders | (294186259)<br>| (642129319)<br>|
| Share transactions - net increase (decrease) | (626407142)<br>| (2867945988)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 373360735<br>| (2752669179)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 12607623118 | 15360292297<br>|
| &nbsp;&nbsp;End of period | $12980983853 | $12607623118 |

---

**Financial Highlights** 

**Fidelity Freedom® 2020 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.62 | $14.55 | $13.44 | $15.72 | $17.53 | $14.21 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .11  | .35  | .33  | .40  | .39  | .18  |
| Net realized and unrealized gain (loss)  | 1.41  | .39  | 1.15  | (1.43)  | (.19)  | 4.32  |
| Total from investment operations  | 1.52  | .74  | 1.48  | (1.03)  | .20  | 4.50  |
| Distributions from net investment income  | (.04)  | (.37)  | (.32)  | (.40)  | (.42)  | (.20)  |
| Distributions from net realized gain  | (.30)  | (.30)  | (.05)  | (.86)  | (1.59)  | (.98)  |
| Total distributions  | (.34)  | (.67)  | (.37)  | (1.25) C | (2.01)  | (1.18)  |
| Net asset value, end of period  | $15.80 | $14.62 | $14.55 | $13.44 | $15.72 | $17.53 |
| **Total Return** D,E | 10.65% <br>| 5.22%  | 11.11%  | (6.35)%  | .66%  | 32.56%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .55% H | .56%  | .57%  | .58%  | .58% I | .59%  |
| Expenses net of fee waivers, if any  | .55% H<br>| .56%  | .57%  | .58%  | .58% I | .59%  |
| Expenses net of all reductions, if any  | .55% H | .56%  | .57%  | .58%  | .58% I | .59%  |
| Net investment income (loss)  | 1.53% H | 2.40%  | 2.41%  | 2.93%  | 2.29%  | 1.07%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $6241396 | $6001968 | $8014855 | $9662440 | $12039706 | $13282370 |
| Portfolio turnover rate J | 12% H,K<br>| 14% K | 14% K | 23% K | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2020 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.60 | $14.54 | $13.43 | $15.71 | $17.52 | $14.20 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .12  | .36  | .34  | .41  | .41  | .19  |
| Net realized and unrealized gain (loss)  | 1.42  | .39  | 1.16  | (1.43)  | (.20)  | 4.32  |
| Total from investment operations  | 1.54  | .75  | 1.50  | (1.02)  | .21  | 4.51  |
| Distributions from net investment income  | (.04)  | (.39)  | (.34)  | (.40)  | (.42)  | (.21)  |
| Distributions from net realized gain  | (.30)  | (.30)  | (.05)  | (.86)  | (1.59)  | (.98)  |
| Total distributions  | (.35) C | (.69)  | (.39)  | (1.26)  | (2.02) C | (1.19)  |
| Net asset value, end of period  | $15.79 | $14.60 | $14.54 | $13.43 | $15.71 | $17.52 |
| **Total Return** D,E | 10.74% <br>| 5.26%  | 11.26%  | (6.32)%  | .70%  | 32.66%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .48% H | .49%  | .50%  | .50%  | .51%  | .52%  |
| Expenses net of fee waivers, if any  | .48% H<br>| .49%  | .50%  | .50%  | .51%  | .52%  |
| Expenses net of all reductions, if any  | .48% H | .49%  | .50%  | .50%  | .51%  | .52%  |
| Net investment income (loss)  | 1.60% H | 2.47%  | 2.48%  | 3.01%  | 2.36%  | 1.15%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $3504681 | $3744844 | $4981952 | $5000495 | $7535845 | $10341455 |
| Portfolio turnover rate I | 12% H,J<br>| 14% J | 14% J | 23% J | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2020 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.52 | $14.48 | $13.37 | $15.65 | $17.47 | $14.16 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .13  | .39  | .37  | .42  | .42  | .20  |
| Net realized and unrealized gain (loss)  | 1.41  | .37  | 1.15  | (1.42)  | (.20)  | 4.32  |
| Total from investment operations  | 1.54  | .76  | 1.52  | (1.00)  | .22  | 4.52  |
| Distributions from net investment income  | (.05)  | (.43)  | (.36)  | (.42)  | (.45)  | (.23)  |
| Distributions from net realized gain  | (.30)  | (.30)  | (.05)  | (.86)  | (1.59)  | (.98)  |
| Total distributions  | (.35)  | (.72) C | (.41)  | (1.28)  | (2.04)  | (1.21)  |
| Net asset value, end of period  | $15.71 | $14.52 | $14.48 | $13.37 | $15.65 | $17.47 |
| **Total Return** D,E | 10.87% <br>| 5.42%  | 11.49%  | (6.21)%  | .77%  | 32.85%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .28% H | .29%  | .30%  | .42%  | .42%  | .42%  |
| Expenses net of fee waivers, if any  | .28% H<br>| .29%  | .30%  | .42%  | .42%  | .42%  |
| Expenses net of all reductions, if any  | .28% H | .29%  | .30%  | .42%  | .42%  | .42%  |
| Net investment income (loss)  | 1.80% H | 2.67%  | 2.68%  | 3.10%  | 2.46%  | 1.24%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $3234908 | $2860811 | $2363485 | $2219638 | $2428224 | $2668267 |
| Portfolio turnover rate I | 12% H,J<br>| 14% J | 14% J | 23% J | 34%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2025 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 44.0%** | &nbsp;&nbsp;**Bond Funds - 44.0%** | &nbsp;&nbsp;**Bond Funds - 44.0%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 4212440 | 42503521 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 249030677 | 1952400509 |
| Fidelity Series Emerging Markets Debt Fund (b) | 11729069 | 98289595 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 3140643 | 30998150 |
| Fidelity Series Floating Rate High Income Fund (b) | 1869001 | 16521965 |
| Fidelity Series High Income Fund (b) | 11743337 | 104985434 |
| Fidelity Series International Credit Fund (b) | 2004582 | 17119129 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 109178100 | 952033031 |
| Fidelity Series Investment Grade Bond Fund (b) | 483617945 | 4932903035 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 140998948 | 769854258 |
| Fidelity Series Real Estate Income Fund (b) | 1846831 | 18837675 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $10,119,574,230) |  | **8936446302** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 31.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 31.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 31.0%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 16485365 | 237389258 |
| Fidelity Series Blue Chip Growth Fund (b) | 29111040 | 653833963 |
| Fidelity Series Commodity Strategy Fund (b) | 390945 | 36346170 |
| Fidelity Series Growth Company Fund (b) | 40863283 | 1171550318 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 14397535 | 155925304 |
| Fidelity Series Large Cap Stock Fund (b) | 43476561 | 1152128857 |
| Fidelity Series Large Cap Value Index Fund (b) | 19046746 | 346079368 |
| Fidelity Series Opportunistic Insights Fund (b) | 24199298 | 696939769 |
| Fidelity Series Small Cap Core Fund (b) | 2657330 | 34943885 |
| Fidelity Series Small Cap Discovery Fund (b) | 8603523 | 100403109 |
| Fidelity Series Small Cap Opportunities Fund (b) | 14287644 | 225316146 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 51710880 | 770492114 |
| Fidelity Series Value Discovery Fund (b) | 41490387 | 700772642 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $3,227,741,657) |  | **6282120903** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 24.5%** | &nbsp;&nbsp;**International Equity Funds - 24.5%** | &nbsp;&nbsp;**International Equity Funds - 24.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 22584422 | 432943360 |
| Fidelity Series Emerging Markets Fund (b) | 27855604 | 321453671 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 54386468 | 1298748847 |
| Fidelity Series International Growth Fund (b) | 42905378 | 885996058 |
| Fidelity Series International Small Cap Fund (b) | 12435883 | 252572785 |
| Fidelity Series International Value Fund (b) | 54677933 | 896171317 |
| Fidelity Series Overseas Fund (b) | 54016359 | 876685512 |
| Fidelity Series Select International Small Cap Fund (b) | 1146799 | 15951969 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $2,871,359,747) |  | **4980523519** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025  | 4.28 | 4640000 | 4632161 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 30080000 | 30005966 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 18740000 | 18678798 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $53,309,786) |  |  | **53316925** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.21 | 33525485 | 33532190 |
| Fidelity Series Government Money Market Fund (b)(f) | 4.23 | 16228994 | 16228994 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $49,761,184) |  |  | **49761184** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $16,321,746,604)<br>| <br>**20302168833** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(9519340)** |
| **NET ASSETS - 100.0%** | **20292649493** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 951 | 12/19/2025 | 132441015 | (305250) | (305250) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 4211 | 12/19/2025 | 473671703 | 2537145 | 2537145 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 1407 | 12/19/2025 | 161936906 | 153372 | 153372 |
| CBOT US Treasury Long Bond Contracts (United States) | 1300 | 12/19/2025 | 151571875 | 4098998 | 4098998 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 6789515 |
| TOTAL PURCHASED |  |  |  |  | 6484265 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1206 | 12/19/2025 | 406346625 | (5610854) | (5610854) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 47 | 12/19/2025 | 3195295 | 685 | 685 |
| TOTAL SOLD |  |  |  |  | (5610169) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **874096** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $45,547,505.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(f) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 82844595 | 204929169 | 254240577 | 838303 | (997) | - | 33532190 | 33525485 | 0.1% |
| Total | 82844595 | 204929169 | 254240577 | 838303 | (997) | - | 33532190 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 9632869 | 33536748 | 793896 | 110350 | 18196 | 109604 | 42503521 | 4212440 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 1915122912 | 160619422 | 146525835 | 23481922 | (4829861) | 28013871 | 1952400509 | 249030677 |
| Fidelity Series All-Sector Equity Fund | 199550809 | 8896524 | 19553707 | - | 2773977 | 45721655 | 237389258 | 16485365 |
| Fidelity Series Blue Chip Growth Fund | 585851943 | 19675262 | 116512214 | 17285594 | 30861681 | 133957291 | 653833963 | 29111040 |
| Fidelity Series Canada Fund | 317607200 | 75887656 | 22743818 | - | 7014638 | 55177684 | 432943360 | 22584422 |
| Fidelity Series Commodity Strategy Fund | 38777549 | 596821 | 2621967 | 515467 | 110627 | (516860) | 36346170 | 390945 |
| Fidelity Series Emerging Markets Debt Fund | 97545386 | 3103014 | 7168047 | 2879749 | (951008) | 5760250 | 98289595 | 11729069 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 29771792 | 56814 | 1876984 | - | (79544) | 3126072 | 30998150 | 3140643 |
| Fidelity Series Emerging Markets Fund | 302065762 | 638956 | 54583449 | - | 7809073 | 65523329 | 321453671 | 27855604 |
| Fidelity Series Emerging Markets Opportunities Fund | 1209001790 | 3236043 | 192821848 | - | 44376983 | 234955879 | 1298748847 | 54386468 |
| Fidelity Series Floating Rate High Income Fund | 17104377 | 719955 | 1297835 | 679356 | (49765) | 45233 | 16521965 | 1869001 |
| Fidelity Series Government Money Market Fund | - | 16336075 | 107081 | 32903 | - | - | 16228994 | 16228994 |
| Fidelity Series Growth Company Fund | 1074878199 | 2400646 | 258575262 | - | 68984306 | 283862429 | 1171550318 | 40863283 |
| Fidelity Series High Income Fund | 103851072 | 3650769 | 7116440 | 3431556 | (366208) | 4966241 | 104985434 | 11743337 |
| Fidelity Series International Credit Fund | 16582775 | 376814 | 142275 | 376815 | 4545 | 297270 | 17119129 | 2004582 |
| Fidelity Series International Developed Markets Bond Index Fund | 922621762 | 80257177 | 62548696 | 8790578 | (3354146) | 15056934 | 952033031 | 109178100 |
| Fidelity Series International Growth Fund | 812538493 | 41655787 | 96965506 | - | 26928429 | 101838855 | 885996058 | 42905378 |
| Fidelity Series International Small Cap Fund | 256665885 | 2454835 | 57355683 | - | 14174168 | 36633580 | 252572785 | 12435883 |
| Fidelity Series International Value Fund | 914396690 | 1935798 | 188219175 | - | 73040499 | 95017505 | 896171317 | 54677933 |
| Fidelity Series Intrinsic Opportunities Fund | 156440151 | 13695816 | 21673384 | 12115160 | 48497 | 7414224 | 155925304 | 14397535 |
| Fidelity Series Investment Grade Bond Fund | 4735352806 | 470504913 | 335316273 | 103448131 | (17332249) | 79693838 | 4932903035 | 483617945 |
| Fidelity Series Large Cap Stock Fund | 1059085513 | 69522860 | 159551912 | 60437290 | 61924721 | 121147675 | 1152128857 | 43476561 |
| Fidelity Series Large Cap Value Index Fund | 322303605 | 16495727 | 22089693 | - | 3333484 | 26036245 | 346079368 | 19046746 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 833070656 | 47178382 | 100870743 | 15464437 | (37487197) | 27963160 | 769854258 | 140998948 |
| Fidelity Series Opportunistic Insights Fund | 635295262 | 11075759 | 100276992 | - | 38240836 | 112604904 | 696939769 | 24199298 |
| Fidelity Series Overseas Fund | 836086752 | 9083498 | 76271310 | - | 25722523 | 82064049 | 876685512 | 54016359 |
| Fidelity Series Real Estate Income Fund | 19162377 | 580645 | 1315729 | 539717 | 13008 | 397374 | 18837675 | 1846831 |
| Fidelity Series Select International Small Cap Fund | 3502178 | 10712713 | 924737 | - | 92002 | 2569813 | 15951969 | 1146799 |
| Fidelity Series Small Cap Core Fund | 33939123 | 42385 | 5633632 | - | (400872) | 6996881 | 34943885 | 2657330 |
| Fidelity Series Small Cap Discovery Fund | 98916633 | 1903947 | 13352516 | 1697256 | (681029) | 13616074 | 100403109 | 8603523 |
| Fidelity Series Small Cap Opportunities Fund | 216103673 | 4306768 | 31793372 | 3837506 | 6990888 | 29708189 | 225316146 | 14287644 |
| Fidelity Series Stock Selector Large Cap Value Fund | 713679639 | 36821986 | 47097163 | - | 1893067 | 65194585 | 770492114 | 51710880 |
| Fidelity Series Value Discovery Fund | 669461780 | 26290451 | 44387584 | - | 2584054 | 46823941 | 700772642 | 41490387 |
|  | 19155967413 | 1174250966 | 2198084758 | 255123787 | 351408323 | 1731777774 | 20215319718 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 8936446302 | 8936446302 | - | - |
|  **Domestic Equity Funds** | 6282120903 | 6282120903 | - | - |
|  **International Equity Funds** | 4980523519 | 4980523519 | - | - |
|  **U.S. Treasury Obligations** | 53316925 | - | 53316925 | - |
|  **Money Market Funds** | 49761184 | 49761184 | - | - |
| **Total Investments in Securities:** | 20302168833 | 20248851908 | 53316925 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 6790200 | 6790200 | - | - |
| Total Assets | 6790200 | 6790200 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (5916104) | (5916104) | - | - |
| Total Liabilities | (5916104) | (5916104) | - | - |
| **Total Derivative Instruments:** | 874096 | 874096 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 685 | (5916104) |
| **Total Equity Risk**  | 685 | (5916104) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 6789515 | - |
| **Total Interest Rate Risk**  | 6789515 | - |
| **Total Value of Derivatives** | 6790200 | (5916104) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2025 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $53,309,786) | $53316925 |  |
| Fidelity Central Funds (cost $33,532,190) | 33532190 |  |
| Other affiliated issuers (cost $16,234,904,628) | 20215319718 |  |
| Total Investment in Securities (cost $16,321,746,604) |  | $20302168833 |
| Receivable for investments sold |  | 138507461 |
| Receivable for fund shares sold |  | 45810756 |
| Distributions receivable from Fidelity Central Funds |  | 138736 |
| Other receivables |  | 430786 |
| **Total assets** |  | 20487056572 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $130392325 |  |
| Payable for fund shares redeemed | 54149255 |  |
| Accrued management fee | 7978049 |  |
| Payable for daily variation margin on futures contracts | 1465007 |  |
| Other payables and accrued expenses | 422443 |  |
| **Total liabilities** |  | 194407079 |
| **Net Assets**  |  | $20292649493 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $15863543637 |
| Total accumulated earnings (loss) |  | 4429105856 |
| **Net Assets** |  | $20292649493 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2025 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($6,663,919,790 ÷ 438,336,488 shares) |  | $15.20 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($6,705,784,575 ÷ 442,325,436 shares) |  | $15.16 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($6,922,945,128 ÷ 458,217,467 shares) |  | $15.11 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Unaffiliated issuers |  | $172357976 |
| Interest  |  | 1232702 |
| Income from Fidelity Central Funds  |  | 838303 |
| **Total income** |  | 174428981 |
| **Expenses** |  |  |
| Management fee | $46775755 |  |
| Independent trustees' fees and expenses | 22464 |  |
| Miscellaneous | 65 |  |
| **Total expenses** |  | 46798284 |
| **Net Investment income (loss)** |  | 127630697 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (1754) |  |
| Redemptions in-kind | 37721071 |  |
| Fidelity Central Funds | (997) |  |
| Other affiliated issuers | 313687252 |  |
| Futures contracts | (23906938) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 82765811 |  |
| Total net realized gain (loss) |  | 410264445 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 8309 |  |
| Affiliated issuers  | 1731777774 |  |
| Futures contracts | (3981381) |  |
| Total change in net unrealized appreciation (depreciation) |  | 1727804702 |
| **Net gain (loss)** |  | 2138069147 |
| **Net increase (decrease) in net assets resulting from operations** |  | $2265699844 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $127630697 | $494118550 |
| &nbsp;&nbsp;Net realized gain (loss) | 410264445<br>| 997592077<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 1727804702 | (341265442)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 2265699844<br>| 1150445185<br>|
| Distributions to shareholders | (429284644)<br>| (801489811)<br>|
| Share transactions - net increase (decrease) | (803202170)<br>| (3998312977)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 1033213030<br>| (3649357603)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 19259436463 | 22908794066<br>|
| &nbsp;&nbsp;End of period | $20292649493 | $19259436463 |

---

**Financial Highlights** 

**Fidelity Freedom® 2025 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.86 | $13.68 | $12.38 | $14.49 | $15.86 | $12.34 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .09  | .31  | .28  | .34  | .36  | .16  |
| Net realized and unrealized gain (loss)  | 1.56  | .38  | 1.29  | (1.32)  | (.13)  | 4.25  |
| Total from investment operations  | 1.65  | .69  | 1.57  | (.98)  | .23  | 4.41  |
| Distributions from net investment income  | (.03)  | (.31)  | (.27)  | (.34)  | (.37)  | (.17)  |
| Distributions from net realized gain  | (.28)  | (.20)  | - C | (.79)  | (1.22)  | (.72)  |
| Total distributions  | (.31)  | (.51)  | (.27)  | (1.13)  | (1.60) D | (.89)  |
| Net asset value, end of period  | $15.20 | $13.86 | $13.68 | $12.38 | $14.49 | $15.86 |
| **Total Return** E,F | 12.14% <br>| 5.13%  | 12.80%  | (6.54)%  | .99%  | 36.58%  |
| **Ratios to Average Net Assets** B,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .59% I | .60%  | .61%  | .62%  | .63%  | .64%  |
| Expenses net of fee waivers, if any  | .59% I<br>| .60%  | .61%  | .62%  | .63%  | .64%  |
| Expenses net of all reductions, if any  | .59% I | .60%  | .61%  | .62%  | .63%  | .64%  |
| Net investment income (loss)  | 1.19% I | 2.20%  | 2.23%  | 2.76%  | 2.28%  | 1.07%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $6663920 | $6249008 | $9511911 | $11261592 | $13230186 | $13719791 |
| Portfolio turnover rate J | 12% I,K<br>| 15% K | 14% K | 24% K | 35%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2025 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.82 | $13.65 | $12.37 | $14.47 | $15.84 | $12.32 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .09  | .32  | .29  | .35  | .37  | .17  |
| Net realized and unrealized gain (loss)  | 1.56  | .39  | 1.28  | (1.31)  | (.14)  | 4.25  |
| Total from investment operations  | 1.65  | .71  | 1.57  | (.96)  | .23  | 4.42  |
| Distributions from net investment income  | (.03)  | (.34)  | (.29)  | (.35)  | (.38)  | (.18)  |
| Distributions from net realized gain  | (.28)  | (.20)  | - C | (.79)  | (1.22)  | (.72)  |
| Total distributions  | (.31)  | (.54)  | (.29)  | (1.14)  | (1.60)  | (.90)  |
| Net asset value, end of period  | $15.16 | $13.82 | $13.65 | $12.37 | $14.47 | $15.84 |
| **Total Return** D,E | 12.19% <br>| 5.26%  | 12.82%  | (6.43)%  | 1.04%  | 36.74%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .52% H | .52%  | .53%  | .54%  | .55%  | .55%  |
| Expenses net of fee waivers, if any  | .52% H<br>| .52%  | .53%  | .54%  | .55%  | .55%  |
| Expenses net of all reductions, if any  | .52% H | .52%  | .53%  | .54%  | .55%  | .55%  |
| Net investment income (loss)  | 1.26% H | 2.27%  | 2.31%  | 2.84%  | 2.36%  | 1.15%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $6705785 | $7016462 | $8532706 | $8112110 | $11140241 | $13839951 |
| Portfolio turnover rate I | 12% H,J<br>| 15% J | 14% J | 24% J | 35%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2025 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.76 | $13.61 | $12.33 | $14.44 | $15.81 | $12.30 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .10  | .34  | .32  | .36  | .39  | .18  |
| Net realized and unrealized gain (loss)  | 1.57  | .38  | 1.27  | (1.31)  | (.13)  | 4.25  |
| Total from investment operations  | 1.67  | .72  | 1.59  | (.95)  | .26  | 4.43  |
| Distributions from net investment income  | (.04)  | (.37)  | (.31)  | (.37)  | (.40)  | (.20)  |
| Distributions from net realized gain  | (.28)  | (.20)  | - C | (.79)  | (1.22)  | (.72)  |
| Total distributions  | (.32)  | (.57)  | (.31)  | (1.16)  | (1.63) D | (.92)  |
| Net asset value, end of period  | $15.11 | $13.76 | $13.61 | $12.33 | $14.44 | $15.81 |
| **Total Return** E,F | 12.38% <br>| 5.39%  | 13.04%  | (6.36)%  | 1.19%  | 36.91%  |
| **Ratios to Average Net Assets** B,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .32% I | .33%  | .34%  | .44%  | .44%  | .44%  |
| Expenses net of fee waivers, if any  | .32% I<br>| .33%  | .34%  | .44%  | .44%  | .44%  |
| Expenses net of all reductions, if any  | .32% I | .33%  | .34%  | .44%  | .44%  | .44%  |
| Net investment income (loss)  | 1.46% I | 2.46%  | 2.50%  | 2.95%  | 2.46%  | 1.26%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $6922945 | $5993966 | $4864178 | $4162029 | $4216639 | $4298694 |
| Portfolio turnover rate J | 12% I,K<br>| 15% K | 14% K | 24% K | 35%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2030 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 37.6%** | &nbsp;&nbsp;**Bond Funds - 37.6%** | &nbsp;&nbsp;**Bond Funds - 37.6%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 1509789 | 15233770 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 256801485 | 2013323639 |
| Fidelity Series Emerging Markets Debt Fund (b) | 19373300 | 162348255 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 5092769 | 50265634 |
| Fidelity Series Floating Rate High Income Fund (b) | 3067488 | 27116597 |
| Fidelity Series High Income Fund (b) | 19227856 | 171897030 |
| Fidelity Series International Credit Fund (b) | 1936015 | 16533566 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 178879435 | 1559828672 |
| Fidelity Series Investment Grade Bond Fund (b) | 695234542 | 7091392329 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 265499599 | 1449627811 |
| Fidelity Series Real Estate Income Fund (b) | 2996118 | 30560408 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $14,017,015,076) |  | **12588127711** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 34.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 34.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 34.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 30633276 | 441119171 |
| Fidelity Series Blue Chip Growth Fund (b) | 54094311 | 1214958226 |
| Fidelity Series Commodity Strategy Fund (b) | 640259 | 59524861 |
| Fidelity Series Growth Company Fund (b) | 75932402 | 2176981960 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 26753559 | 289741043 |
| Fidelity Series Large Cap Stock Fund (b) | 80788859 | 2140904756 |
| Fidelity Series Large Cap Value Index Fund (b) | 35393040 | 643091528 |
| Fidelity Series Opportunistic Insights Fund (b) | 44967521 | 1295064591 |
| Fidelity Series Small Cap Core Fund (b) | 4937670 | 64930363 |
| Fidelity Series Small Cap Discovery Fund (b) | 15986980 | 186568058 |
| Fidelity Series Small Cap Opportunities Fund (b) | 26549195 | 418680808 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 96090339 | 1431746052 |
| Fidelity Series Value Discovery Fund (b) | 77098406 | 1302192078 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $6,380,880,644) |  | **11665503495** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 27.2%** | &nbsp;&nbsp;**International Equity Funds - 27.2%** | &nbsp;&nbsp;**International Equity Funds - 27.2%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 41176437 | 789352293 |
| Fidelity Series Emerging Markets Fund (b) | 50502141 | 582794705 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 98593069 | 2354402483 |
| Fidelity Series International Growth Fund (b) | 79437887 | 1640392361 |
| Fidelity Series International Small Cap Fund (b) | 20503164 | 416419265 |
| Fidelity Series International Value Fund (b) | 101099762 | 1657025091 |
| Fidelity Series Overseas Fund (b) | 100144373 | 1625343176 |
| Fidelity Series Select International Small Cap Fund (b) | 1890266 | 26293594 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $5,422,779,965) |  | **9092022968** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.2%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 12960000 | 12938108 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 40820000 | 40719532 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 27730000 | 27639437 |
| US Treasury Bills 0% 10/9/2025  | 4.30 | 2480000 | 2477762 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 | 530000 | 526585 |
| US Treasury Bills 0% 12/11/2025 (d) | 3.97 to 3.98 | 150000 | 148861 |
| US Treasury Bills 0% 12/4/2025 (d) | 3.98 | 50000 | 49654 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $84,489,221) |  |  | **84499939** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $50,271,231)<br>| 4.21 | 50261179 | **50271231** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $25,955,436,137)<br>| <br>**33480425344** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(16098460)** |
| **NET ASSETS - 100.0%** | **33464326884** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1553 | 12/19/2025 | 216278545 | (495454) | (495454) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 6941 | 12/19/2025 | 780754047 | 4177423 | 4177423 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 2319 | 12/19/2025 | 266902406 | 253208 | 253208 |
| CBOT US Treasury Long Bond Contracts (United States) | 2143 | 12/19/2025 | 249860406 | 6734156 | 6734156 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 11164787 |
| TOTAL PURCHASED |  |  |  |  | 10669333 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1975 | 12/19/2025 | 665451563 | (9099805) | (9099805) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 120 | 12/19/2025 | 8158200 | 1748 | 1748 |
| TOTAL SOLD |  |  |  |  | (9098057) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **1571276** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $74,400,074.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 130772442 | 324970725 | 405470308 | 1274168 | (1628) | - | 50271231 | 50261179 | 0.1% |
| Total | 130772442 | 324970725 | 405470308 | 1274168 | (1628) | - | 50271231 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 15167647 | 654687 | 794776 | 176064 | 14137 | 192075 | 15233770 | 1509789 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 1738822957 | 320260606 | 70437680 | 21907575 | (7409340) | 32087096 | 2013323639 | 256801485 |
| Fidelity Series All-Sector Equity Fund | 355698377 | 19292868 | 22299982 | - | 1920975 | 86506933 | 441119171 | 30633276 |
| Fidelity Series Blue Chip Growth Fund | 1043793045 | 38873359 | 167374872 | 31960527 | 21592766 | 278073928 | 1214958226 | 54094311 |
| Fidelity Series Canada Fund | 560214180 | 139046086 | 21806894 | - | 5779758 | 106119163 | 789352293 | 41176437 |
| Fidelity Series Commodity Strategy Fund | 61058667 | 1180527 | 2125345 | 841435 | 41917 | (630905) | 59524861 | 640259 |
| Fidelity Series Emerging Markets Debt Fund | 154242758 | 5986985 | 5735223 | 4649679 | (287313) | 8141048 | 162348255 | 19373300 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 46749278 | 237300 | 1572319 | - | (43047) | 4894422 | 50265634 | 5092769 |
| Fidelity Series Emerging Markets Fund | 521986610 | 3778226 | 73501532 | - | 10973260 | 119558141 | 582794705 | 50502141 |
| Fidelity Series Emerging Markets Opportunities Fund | 2089197603 | 13289442 | 245224391 | - | 51119553 | 446020276 | 2354402483 | 98593069 |
| Fidelity Series Floating Rate High Income Fund | 26894369 | 1260982 | 1035763 | 1091479 | (7577) | 4586 | 27116597 | 3067488 |
| Fidelity Series Growth Company Fund | 1912739824 | 10670067 | 389591432 | - | 65471983 | 577691518 | 2176981960 | 75932402 |
| Fidelity Series High Income Fund | 163859857 | 6432899 | 5822428 | 5517589 | (13710) | 7440412 | 171897030 | 19227856 |
| Fidelity Series International Credit Fund | 16054713 | 364785 | 177328 | 364785 | 1078 | 290318 | 16533566 | 1936015 |
| Fidelity Series International Developed Markets Bond Index Fund | 1462342065 | 129763334 | 50922327 | 14118049 | (834249) | 19479849 | 1559828672 | 178879435 |
| Fidelity Series International Growth Fund | 1442358909 | 78347424 | 112906865 | - | 18046005 | 214546888 | 1640392361 | 79437887 |
| Fidelity Series International Small Cap Fund | 395405854 | 7916866 | 67754334 | - | 15536549 | 65314330 | 416419265 | 20503164 |
| Fidelity Series International Value Fund | 1617246737 | 8640317 | 272676264 | - | 100759212 | 203055089 | 1657025091 | 101099762 |
| Fidelity Series Intrinsic Opportunities Fund | 277976998 | 25313229 | 27087147 | 22312926 | 112116 | 13425847 | 289741043 | 26753559 |
| Fidelity Series Investment Grade Bond Fund | 6609080467 | 688758243 | 297414093 | 147133392 | (16420462) | 107388174 | 7091392329 | 695234542 |
| Fidelity Series Large Cap Stock Fund | 1884680762 | 137803573 | 214196586 | 111074686 | 65697942 | 266919065 | 2140904756 | 80788859 |
| Fidelity Series Large Cap Value Index Fund | 574757153 | 34677845 | 20313616 | - | 2574812 | 51395334 | 643091528 | 35393040 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 1440421650 | 124180642 | 101201801 | 27795494 | (35517358) | 21744678 | 1449627811 | 265499599 |
| Fidelity Series Opportunistic Insights Fund | 1131651908 | 22032234 | 132848892 | - | 37875408 | 236353933 | 1295064591 | 44967521 |
| Fidelity Series Overseas Fund | 1480402899 | 35227361 | 83717735 | - | 23237866 | 170192785 | 1625343176 | 100144373 |
| Fidelity Series Real Estate Income Fund | 29938453 | 1033241 | 1069308 | 863611 | 8867 | 649155 | 30560408 | 2996118 |
| Fidelity Series Select International Small Cap Fund | 5511736 | 17216835 | 686562 | - | 53086 | 4198499 | 26293594 | 1890266 |
| Fidelity Series Small Cap Core Fund | 59060156 | 199982 | 6407951 | - | (296348) | 12374524 | 64930363 | 4937670 |
| Fidelity Series Small Cap Discovery Fund | 176000595 | 3668384 | 16753477 | 3089344 | (723820) | 24376376 | 186568058 | 15986980 |
| Fidelity Series Small Cap Opportunities Fund | 386248118 | 8348219 | 42926249 | 7076008 | 6425165 | 60585555 | 418680808 | 26549195 |
| Fidelity Series Stock Selector Large Cap Value Fund | 1272704807 | 79618426 | 43222872 | - | 3980652 | 118665039 | 1431746052 | 96090339 |
| Fidelity Series Value Discovery Fund | 1189568783 | 64650829 | 42910066 | - | 4615456 | 86267076 | 1302192078 | 77098406 |
|  | 30141837935 | 2028725803 | 2542516110 | 399972643 | 374285339 | 3343321207 | 33345654174 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 12588127711 | 12588127711 | - | - |
|  **Domestic Equity Funds** | 11665503495 | 11665503495 | - | - |
|  **International Equity Funds** | 9092022968 | 9092022968 | - | - |
|  **U.S. Treasury Obligations** | 84499939 | - | 84499939 | - |
|  **Money Market Funds** | 50271231 | 50271231 | - | - |
| **Total Investments in Securities:** | 33480425344 | 33395925405 | 84499939 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 11166535 | 11166535 | - | - |
| Total Assets | 11166535 | 11166535 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (9595259) | (9595259) | - | - |
| Total Liabilities | (9595259) | (9595259) | - | - |
| **Total Derivative Instruments:** | 1571276 | 1571276 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 1748 | (9595259) |
| **Total Equity Risk**  | 1748 | (9595259) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 11164787 | - |
| **Total Interest Rate Risk**  | 11164787 | - |
| **Total Value of Derivatives** | 11166535 | (9595259) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2030 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $84,489,221) | $84499939 |  |
| Fidelity Central Funds (cost $50,271,231) | 50271231 |  |
| Other affiliated issuers (cost $25,820,675,685) | 33345654174 |  |
| Total Investment in Securities (cost $25,955,436,137) |  | $33480425344 |
| Receivable for investments sold |  | 237123716 |
| Receivable for fund shares sold |  | 90197825 |
| Distributions receivable from Fidelity Central Funds |  | 210819 |
| Other receivables |  | 521981 |
| **Total assets** |  | 33808479685 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $231103527 |  |
| Payable for fund shares redeemed | 96261697 |  |
| Accrued management fee | 13910160 |  |
| Payable for daily variation margin on futures contracts | 2370067 |  |
| Other payables and accrued expenses | 507350 |  |
| **Total liabilities** |  | 344152801 |
| **Net Assets**  |  | $33464326884 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $25400991650 |
| Total accumulated earnings (loss) |  | 8063335234 |
| **Net Assets** |  | $33464326884 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2030 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($10,618,169,840 ÷ 538,215,708 shares) |  | $19.73 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($11,051,732,640 ÷ 561,150,550 shares) |  | $19.69 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($11,794,424,404 ÷ 601,356,498 shares) |  | $19.61 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $247653294 |
| Interest  |  | 1937615 |
| Income from Fidelity Central Funds  |  | 1274168 |
| **Total income** |  | 250865077 |
| **Expenses** |  |  |
| Management fee | $80399227 |  |
| Independent trustees' fees and expenses | 35913 |  |
| Miscellaneous | 94 |  |
| Total expenses before reductions | 80435234 |  |
| Expense reductions | (5) |  |
| Total expenses after reductions |  | 80435229 |
| **Net Investment income (loss)** |  | 170429848 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 229 |  |
| Redemptions in-kind | 91981422 |  |
| Fidelity Central Funds | (1628) |  |
| Other affiliated issuers | 282303917 |  |
| Futures contracts | (38158155) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 152319349 |  |
| Total net realized gain (loss) |  | 488445134 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 12508 |  |
| Affiliated issuers  | 3343321207 |  |
| Futures contracts | (5692966) |  |
| Total change in net unrealized appreciation (depreciation) |  | 3337640749 |
| **Net gain (loss)** |  | 3826085883 |
| **Net increase (decrease) in net assets resulting from operations** |  | $3996515731 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $170429848 | $695296113 |
| &nbsp;&nbsp;Net realized gain (loss) | 488445134<br>| 1440414673<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 3337640749 | (402813684)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 3996515731<br>| 1732897102<br>|
| Distributions to shareholders | (672613836)<br>| (969526541)<br>|
| Share transactions - net increase (decrease) | (161312179)<br>| (3963093202)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 3162589716<br>| (3199722641)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 30301737168 | 33501459809<br>|
| &nbsp;&nbsp;End of period | $33464326884 | $30301737168 |

---

**Financial Highlights** 

**Fidelity Freedom® 2030 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $17.79 | $17.42 | $15.49 | $18.18 | $19.92 | $14.98 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .09  | .36  | .33  | .39  | .45  | .19  |
| Net realized and unrealized gain (loss)  | 2.24  | .53  | 1.91  | (1.61)  | (.08)  | 5.95  |
| Total from investment operations  | 2.33  | .89  | 2.24  | (1.22)  | .37  | 6.14  |
| Distributions from net investment income  | (.03)  | (.37)  | (.30)  | (.38)  | (.46)  | (.21)  |
| Distributions from net realized gain  | (.36)  | (.15)  | (.01)  | (1.09)  | (1.65)  | (1.00)  |
| Total distributions  | (.39)  | (.52)  | (.31)  | (1.47)  | (2.11)  | (1.20) C |
| Net asset value, end of period  | $19.73 | $17.79 | $17.42 | $15.49 | $18.18 | $19.92 |
| **Total Return** D,E | 13.36% <br>| 5.14%  | 14.56%  | (6.46)%  | 1.41%  | 42.14%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .62% H | .64%  | .65%  | .66%  | .67%  | .68%  |
| Expenses net of fee waivers, if any  | .62% H<br>| .64%  | .65%  | .66%  | .67%  | .68%  |
| Expenses net of all reductions, if any  | .62% H | .64%  | .65%  | .66%  | .67%  | .68%  |
| Net investment income (loss)  | .97% H | 2.03%  | 2.08%  | 2.52%  | 2.26%  | 1.06%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $10618170 | $9610503 | $13670701 | $14893431 | $16667165 | $16799087 |
| Portfolio turnover rate I | 13% H,J<br>| 16% J | 16% J | 25% J | 33%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2030 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $17.75 | $17.40 | $15.49 | $18.17 | $19.90 | $14.97 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .10  | .38  | .35  | .40  | .47  | .21  |
| Net realized and unrealized gain (loss)  | 2.23  | .52  | 1.89  | (1.60)  | (.08)  | 5.94  |
| Total from investment operations  | 2.33  | .90  | 2.24  | (1.20)  | .39  | 6.15  |
| Distributions from net investment income  | (.03)  | (.40)  | (.33)  | (.39)  | (.47)  | (.22)  |
| Distributions from net realized gain  | (.36)  | (.15)  | (.01)  | (1.10)  | (1.65)  | (1.00)  |
| Total distributions  | (.39)  | (.55)  | (.33) C | (1.48) C | (2.12)  | (1.22)  |
| Net asset value, end of period  | $19.69 | $17.75 | $17.40 | $15.49 | $18.17 | $19.90 |
| **Total Return** D,E | 13.41% <br>| 5.21%  | 14.58%  | (6.33)%  | 1.52%  | 42.20%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .55% H | .56%  | .57%  | .57%  | .58%  | .59%  |
| Expenses net of fee waivers, if any  | .55% H<br>| .56%  | .57%  | .57%  | .58%  | .59%  |
| Expenses net of all reductions, if any  | .55% H | .56%  | .57%  | .57%  | .58%  | .59%  |
| Net investment income (loss)  | 1.03% H | 2.11%  | 2.17%  | 2.61%  | 2.35%  | 1.15%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $11051733 | $10890466 | $12619958 | $11055552 | $14350456 | $17173513 |
| Portfolio turnover rate I | 13% H,J<br>| 16% J | 16% J | 25% J | 33%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2030 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $17.68 | $17.34 | $15.43 | $18.12 | $19.86 | $14.94 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .11  | .41  | .38  | .42  | .49  | .23  |
| Net realized and unrealized gain (loss)  | 2.23  | .53  | 1.89  | (1.60)  | (.07)  | 5.94  |
| Total from investment operations  | 2.34  | .94  | 2.27  | (1.18)  | .42  | 6.17  |
| Distributions from net investment income  | (.04)  | (.44)  | (.35)  | (.42)  | (.50)  | (.25)  |
| Distributions from net realized gain  | (.36)  | (.15)  | (.01)  | (1.10)  | (1.66)  | (1.00)  |
| Total distributions  | (.41) C | (.60) C | (.36)  | (1.51) C | (2.16)  | (1.25)  |
| Net asset value, end of period  | $19.61 | $17.68 | $17.34 | $15.43 | $18.12 | $19.86 |
| **Total Return** D,E | 13.48% <br>| 5.46%  | 14.82%  | (6.25)%  | 1.64%  | 42.45%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .36% H | .36%  | .37%  | .45%  | .46%  | .46%  |
| Expenses net of fee waivers, if any  | .36% H<br>| .36%  | .37%  | .45%  | .46%  | .46%  |
| Expenses net of all reductions, if any  | .36% H | .36%  | .37%  | .45%  | .46%  | .46%  |
| Net investment income (loss)  | 1.23% H | 2.31%  | 2.36%  | 2.73%  | 2.47%  | 1.28%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $11794424 | $9800768 | $7210801 | $5833874 | $5441425 | $4997702 |
| Portfolio turnover rate I | 13% H,J<br>| 16% J | 16% J | 25% J | 33%  | 26%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2035 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 29.3%** | &nbsp;&nbsp;**Bond Funds - 29.3%** | &nbsp;&nbsp;**Bond Funds - 29.3%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 1341479 | 13535524 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 75357124 | 590799852 |
| Fidelity Series Emerging Markets Debt Fund (b) | 18282874 | 153210481 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 4616611 | 45565954 |
| Fidelity Series Floating Rate High Income Fund (b) | 2690567 | 23784613 |
| Fidelity Series High Income Fund (b) | 17594468 | 157294545 |
| Fidelity Series International Credit Fund (b) | 1269248 | 10839379 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 154415604 | 1346504067 |
| Fidelity Series Investment Grade Bond Fund (b) | 513432169 | 5237008124 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 269249510 | 1470102326 |
| Fidelity Series Real Estate Income Fund (b) | 2706849 | 27609856 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $9,867,748,947) |  | **9076254721** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 39.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 39.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 39.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 32509730 | 468140114 |
| Fidelity Series Blue Chip Growth Fund (b) | 57407818 | 1289379591 |
| Fidelity Series Commodity Strategy Fund (b) | 586665 | 54542239 |
| Fidelity Series Growth Company Fund (b) | 80583528 | 2310329749 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 28392443 | 307490155 |
| Fidelity Series Large Cap Stock Fund (b) | 85737628 | 2272047153 |
| Fidelity Series Large Cap Value Index Fund (b) | 37561096 | 682485115 |
| Fidelity Series Opportunistic Insights Fund (b) | 47722054 | 1374395166 |
| Fidelity Series Small Cap Core Fund (b) | 5240129 | 68907698 |
| Fidelity Series Small Cap Discovery Fund (b) | 16966324 | 197997003 |
| Fidelity Series Small Cap Opportunities Fund (b) | 28175482 | 444327349 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 101976530 | 1519450304 |
| Fidelity Series Value Discovery Fund (b) | 81821206 | 1381960164 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $7,129,035,196) |  | **12371451800** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 30.5%** | &nbsp;&nbsp;**International Equity Funds - 30.5%** | &nbsp;&nbsp;**International Equity Funds - 30.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 42616465 | 816957638 |
| Fidelity Series Emerging Markets Fund (b) | 52322128 | 603797355 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 101989019 | 2435497770 |
| Fidelity Series International Growth Fund (b) | 83885443 | 1732234398 |
| Fidelity Series International Small Cap Fund (b) | 18997952 | 385848400 |
| Fidelity Series International Value Fund (b) | 106613555 | 1747396166 |
| Fidelity Series Overseas Fund (b) | 105899982 | 1718756700 |
| Fidelity Series Select International Small Cap Fund (b) | 1751418 | 24362227 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $5,916,754,050) |  | **9464850654** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 12880000 | 12858243 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 33990000 | 33906342 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 26950000 | 26861985 |
| US Treasury Bills 0% 10/9/2025  | 4.30 | 4440000 | 4435993 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $78,052,869) |  |  | **78062563** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.0%** | &nbsp;&nbsp;**Money Market Funds - 0.0%** | &nbsp;&nbsp;**Money Market Funds - 0.0%** | &nbsp;&nbsp;**Money Market Funds - 0.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $41,282,662)<br>| 4.21 | 41274408 | **41282662** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.0%**<br> (Cost $23,032,873,724)<br>| <br>**31031902400** |
| **NET OTHER ASSETS (LIABILITIES) - 0.0%**  | **(15481804)** |
| **NET ASSETS - 100.0%** | **31016420596** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1444 | 12/19/2025 | 201098660 | (466172) | (466172) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 6431 | 12/19/2025 | 723387016 | 3867900 | 3867900 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 2149 | 12/19/2025 | 247336469 | 234225 | 234225 |
| CBOT US Treasury Long Bond Contracts (United States) | 1986 | 12/19/2025 | 231555188 | 6220147 | 6220147 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 10322272 |
| TOTAL PURCHASED |  |  |  |  | 9856100 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1827 | 12/19/2025 | 615584813 | (8387879) | (8387879) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 110 | 12/19/2025 | 7478350 | 1602 | 1602 |
| TOTAL SOLD |  |  |  |  | (8386277) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **1469823** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% | The notional amount of futures purchased as a percentage of Net Assets is 4.4% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $68,385,438.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 117567050 | 294597689 | 370880588 | 1088983 | (1489) | - | 41282662 | 41274408 | 0.1% |
| Total | 117567050 | 294597689 | 370880588 | 1088983 | (1489) | - | 41282662 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 13584866 | 370777 | 606604 | 158411 | 13462 | 173023 | 13535524 | 1341479 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 371133986 | 220985381 | 9529586 | 5431074 | 157710 | 8052361 | 590799852 | 75357124 |
| Fidelity Series All-Sector Equity Fund | 372977167 | 27584033 | 26070801 | - | 1710887 | 91938828 | 468140114 | 32509730 |
| Fidelity Series Blue Chip Growth Fund | 1091646026 | 53867737 | 171697645 | 33812599 | 19693913 | 295869560 | 1289379591 | 57407818 |
| Fidelity Series Canada Fund | 582569766 | 132349178 | 13978045 | - | 3805825 | 112210914 | 816957638 | 42616465 |
| Fidelity Series Commodity Strategy Fund | 54687795 | 1618518 | 1256476 | 768962 | (14237) | (493361) | 54542239 | 586665 |
| Fidelity Series Emerging Markets Debt Fund | 139600356 | 9717680 | 3407959 | 4283228 | 70121 | 7230283 | 153210481 | 18282874 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 41583071 | 594603 | 954870 | - | 28966 | 4314184 | 45565954 | 4616611 |
| Fidelity Series Emerging Markets Fund | 525195141 | 9373258 | 63982989 | - | 9629417 | 123582528 | 603797355 | 52322128 |
| Fidelity Series Emerging Markets Opportunities Fund | 2102045888 | 32364088 | 205741878 | - | 27249592 | 479580080 | 2435497770 | 101989019 |
| Fidelity Series Floating Rate High Income Fund | 23007756 | 1368626 | 590242 | 943910 | (1462) | (65) | 23784613 | 2690567 |
| Fidelity Series Growth Company Fund | 1994488031 | 31025332 | 392001353 | - | 56505275 | 620312464 | 2310329749 | 80583528 |
| Fidelity Series High Income Fund | 146758671 | 7282312 | 3468882 | 4988841 | 71423 | 6651021 | 157294545 | 17594468 |
| Fidelity Series International Credit Fund | 10531588 | 239190 | 122331 | 239191 | 212 | 190720 | 10839379 | 1269248 |
| Fidelity Series International Developed Markets Bond Index Fund | 1174281459 | 184080457 | 27221211 | 11600194 | 156169 | 15207193 | 1346504067 | 154415604 |
| Fidelity Series International Growth Fund | 1511697622 | 74904691 | 95984237 | - | 13364003 | 228252319 | 1732234398 | 83885443 |
| Fidelity Series International Small Cap Fund | 372528753 | 512482 | 61012759 | - | 10346343 | 63473581 | 385848400 | 18997952 |
| Fidelity Series International Value Fund | 1661286377 | 24586318 | 255833325 | - | 79457697 | 237899099 | 1747396166 | 106613555 |
| Fidelity Series Intrinsic Opportunities Fund | 288833264 | 27429102 | 22953976 | 23540504 | 191469 | 13990296 | 307490155 | 28392443 |
| Fidelity Series Investment Grade Bond Fund | 4554641616 | 758400956 | 143449986 | 104596683 | 1928534 | 65487004 | 5237008124 | 513432169 |
| Fidelity Series Large Cap Stock Fund | 1965416712 | 163691240 | 206968959 | 117079855 | 40578995 | 309329165 | 2272047153 | 85737628 |
| Fidelity Series Large Cap Value Index Fund | 601529797 | 37885729 | 13945543 | - | 2751357 | 54263775 | 682485115 | 37561096 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 1402705859 | 150875255 | 71620844 | 27592978 | (10157522) | (1700422) | 1470102326 | 269249510 |
| Fidelity Series Opportunistic Insights Fund | 1182960658 | 30086145 | 127227398 | - | 30382312 | 258193449 | 1374395166 | 47722054 |
| Fidelity Series Overseas Fund | 1533714611 | 47706355 | 63790103 | - | 18599385 | 182526452 | 1718756700 | 105899982 |
| Fidelity Series Real Estate Income Fund | 26453908 | 1197181 | 630092 | 772425 | 664 | 588195 | 27609856 | 2706849 |
| Fidelity Series Select International Small Cap Fund | 4934823 | 16047782 | 476188 | - | 27463 | 3828347 | 24362227 | 1751418 |
| Fidelity Series Small Cap Core Fund | 61287780 | 637215 | 5763979 | - | (229859) | 12976541 | 68907698 | 5240129 |
| Fidelity Series Small Cap Discovery Fund | 183545472 | 5002087 | 15453039 | 3247934 | (443700) | 25346183 | 197997003 | 16966324 |
| Fidelity Series Small Cap Opportunities Fund | 404442650 | 11311698 | 41882582 | 7467952 | 4011820 | 66443763 | 444327349 | 28175482 |
| Fidelity Series Stock Selector Large Cap Value Fund | 1334481499 | 85673437 | 29859792 | - | 4061050 | 125094110 | 1519450304 | 101976530 |
| Fidelity Series Value Discovery Fund | 1236069080 | 82551374 | 32481346 | - | 5256022 | 90565034 | 1381960164 | 81821206 |
|  | 26970622048 | 2231320217 | 2109965020 | 346524741 | 319203306 | 3501376624 | 30912557175 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 9076254721 | 9076254721 | - | - |
|  **Domestic Equity Funds** | 12371451800 | 12371451800 | - | - |
|  **International Equity Funds** | 9464850654 | 9464850654 | - | - |
|  **U.S. Treasury Obligations** | 78062563 | - | 78062563 | - |
|  **Money Market Funds** | 41282662 | 41282662 | - | - |
| **Total Investments in Securities:** | 31031902400 | 30953839837 | 78062563 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 10323874 | 10323874 | - | - |
| Total Assets | 10323874 | 10323874 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (8854051) | (8854051) | - | - |
| Total Liabilities | (8854051) | (8854051) | - | - |
| **Total Derivative Instruments:** | 1469823 | 1469823 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 1602 | (8854051) |
| **Total Equity Risk**  | 1602 | (8854051) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 10322272 | - |
| **Total Interest Rate Risk**  | 10322272 | - |
| **Total Value of Derivatives** | 10323874 | (8854051) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2035 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $78,052,869) | $78062563 |  |
| Fidelity Central Funds (cost $41,282,662) | 41282662 |  |
| Other affiliated issuers (cost $22,913,538,193) | 30912557175 |  |
| Total Investment in Securities (cost $23,032,873,724) |  | $31031902400 |
| Receivable for investments sold |  | 235548066 |
| Receivable for fund shares sold |  | 70132819 |
| Distributions receivable from Fidelity Central Funds |  | 176497 |
| Other receivables |  | 311888 |
| **Total assets** |  | 31338071670 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $230704804 |  |
| Payable for fund shares redeemed | 74975677 |  |
| Accrued management fee | 13445834 |  |
| Payable for daily variation margin on futures contracts | 2227494 |  |
| Other payables and accrued expenses | 297265 |  |
| **Total liabilities** |  | 321651074 |
| **Net Assets**  |  | $31016420596 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $22580317067 |
| Total accumulated earnings (loss) |  | 8436103529 |
| **Net Assets** |  | $31016420596 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2035 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($8,297,776,861 ÷ 466,501,725 shares) |  | $17.79 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($10,884,628,959 ÷ 613,549,042 shares) |  | $17.74 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($11,834,014,776 ÷ 669,178,129 shares) |  | $17.68 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $185838633 |
| Interest  |  | 1772937 |
| Income from Fidelity Central Funds  |  | 1088983 |
| **Total income** |  | 188700553 |
| **Expenses** |  |  |
| Management fee | $76739428 |  |
| Independent trustees' fees and expenses | 32492 |  |
| Miscellaneous | 86 |  |
| **Total expenses** |  | 76772006 |
| **Net Investment income (loss)** |  | 111928547 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (1349) |  |
| Redemptions in-kind | 98960979 |  |
| Fidelity Central Funds | (1489) |  |
| Other affiliated issuers | 220242327 |  |
| Futures contracts | (35088808) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 160686108 |  |
| Total net realized gain (loss) |  | 444797768 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 11298 |  |
| Affiliated issuers  | 3501376624 |  |
| Futures contracts | (6547932) |  |
| Total change in net unrealized appreciation (depreciation) |  | 3494839990 |
| **Net gain (loss)** |  | 3939637758 |
| **Net increase (decrease) in net assets resulting from operations** |  | $4051566305 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $111928547 | $537746394 |
| &nbsp;&nbsp;Net realized gain (loss) | 444797768<br>| 1415385241<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 3494839990 | (441238806)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 4051566305<br>| 1511892829<br>|
| Distributions to shareholders | (620502683)<br>| (814910078)<br>|
| Share transactions - net increase (decrease) | 472795159<br>| (1784482654)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 3903858781<br>| (1087499903)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 27112561815 | 28200061718<br>|
| &nbsp;&nbsp;End of period | $31016420596 | $27112561815 |

---

**Financial Highlights** 

**Fidelity Freedom® 2035 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.82 | $15.44 | $13.39 | $15.89 | $17.36 | $12.21 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .05  | .28  | .25  | .29  | .37  | .16  |
| Net realized and unrealized gain (loss)  | 2.26  | .53  | 2.07  | (1.38)  | .13  | 5.97  |
| Total from investment operations  | 2.31  | .81  | 2.32  | (1.09)  | .50  | 6.13  |
| Distributions from net investment income  | - C | (.27)  | (.23)  | (.29)  | (.39)  | (.18)  |
| Distributions from net realized gain  | (.34)  | (.16)  | (.04)  | (1.12)  | (1.58)  | (.81)  |
| Total distributions  | (.34)  | (.43)  | (.27)  | (1.41)  | (1.97)  | (.98) D |
| Net asset value, end of period  | $17.79 | $15.82 | $15.44 | $13.39 | $15.89 | $17.36 |
| **Total Return** E,F | 14.99% <br>| 5.30%  | 17.48%  | (6.56)%  | 2.38%  | 51.68%  |
| **Ratios to Average Net Assets** B,G,H |  |  |  |  |  |  |
| Expenses before reductions  | .65% I | .68% J | .70%  | .70%  | .71% J | .72%  |
| Expenses net of fee waivers, if any  | .65% I<br>| .68% J | .70%  | .70%  | .71% J | .72%  |
| Expenses net of all reductions, if any  | .65% I | .68% J | .70%  | .70%  | .71% J | .72%  |
| Net investment income (loss)  | .66% I | 1.78%  | 1.79%  | 2.17%  | 2.14%  | 1.02%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $8297777 | $7296908 | $10379604 | $10760152 | $11630509 | $11467913 |
| Portfolio turnover rate K | 12% I,L<br>| 19% L | 17% L | 23% L | 30%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total distributions per share do not sum due to rounding.*

E*Total returns for periods of less than one year are not annualized.*

F*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

K*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

L*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2035 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.77 | $15.42 | $13.38 | $15.87 | $17.33 | $12.19 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .06  | .30  | .26  | .30  | .39  | .17  |
| Net realized and unrealized gain (loss)  | 2.27  | .52  | 2.07  | (1.37)  | .13  | 5.96  |
| Total from investment operations  | 2.33  | .82  | 2.33  | (1.07)  | .52  | 6.13  |
| Distributions from net investment income  | (.02)  | (.31)  | (.26)  | (.29)  | (.40)  | (.19)  |
| Distributions from net realized gain  | (.34)  | (.16)  | (.04)  | (1.13)  | (1.58)  | (.81)  |
| Total distributions  | (.36)  | (.47)  | (.29) C | (1.42)  | (1.98)  | (.99) C |
| Net asset value, end of period  | $17.74 | $15.77 | $15.42 | $13.38 | $15.87 | $17.33 |
| **Total Return** D,E | 15.07% <br>| 5.33%  | 17.61%  | (6.44)%  | 2.49%  | 51.80%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .59% H | .59%  | .60%  | .61%  | .61% I | .62%  |
| Expenses net of fee waivers, if any  | .59% H<br>| .59%  | .60%  | .61%  | .61% I | .62%  |
| Expenses net of all reductions, if any  | .59% H | .59%  | .60%  | .61%  | .61% I | .62%  |
| Net investment income (loss)  | .72% H | 1.87%  | 1.88%  | 2.27%  | 2.23%  | 1.12%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $10884629 | $10278350 | $10860422 | $9010345 | $11216392 | $13070819 |
| Portfolio turnover rate J | 12% H,K<br>| 19% K | 17% K | 23% K | 30%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2035 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.72 | $15.38 | $13.34 | $15.84 | $17.31 | $12.17 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .08  | .33  | .29  | .32  | .41  | .19  |
| Net realized and unrealized gain (loss)  | 2.25  | .52  | 2.07  | (1.37)  | .12  | 5.97  |
| Total from investment operations  | 2.33  | .85  | 2.36  | (1.05)  | .53  | 6.16  |
| Distributions from net investment income  | (.03)  | (.35)  | (.28)  | (.31)  | (.43)  | (.21)  |
| Distributions from net realized gain  | (.34)  | (.16)  | (.04)  | (1.13)  | (1.58)  | (.82)  |
| Total distributions  | (.37)  | (.51)  | (.32)  | (1.45) C | (2.00) C | (1.02) C |
| Net asset value, end of period  | $17.68 | $15.72 | $15.38 | $13.34 | $15.84 | $17.31 |
| **Total Return** D,E | 15.12% <br>| 5.54%  | 17.86%  | (6.33)%  | 2.60%  | 52.14%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .39% H | .40%  | .41%  | .47%  | .48%  | .48%  |
| Expenses net of fee waivers, if any  | .39% H<br>| .40%  | .41%  | .47%  | .48%  | .48%  |
| Expenses net of all reductions, if any  | .39% H | .40%  | .41%  | .47%  | .48%  | .48%  |
| Net investment income (loss)  | .92% H | 2.06%  | 2.07%  | 2.40%  | 2.37%  | 1.26%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $11834015 | $9537303 | $6960036 | $5173880 | $4693321 | $4352870 |
| Portfolio turnover rate I | 12% H,J<br>| 19% J | 17% J | 23% J | 30%  | 24%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2040 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 14.3%** | &nbsp;&nbsp;**Bond Funds - 14.3%** | &nbsp;&nbsp;**Bond Funds - 14.3%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b) | 1322485 | 13343872 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 1921475 | 15064367 |
| Fidelity Series Emerging Markets Debt Fund (b) | 18735979 | 157007503 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 4764143 | 47022089 |
| Fidelity Series Floating Rate High Income Fund (b) | 3104669 | 27445278 |
| Fidelity Series High Income Fund (b) | 17910252 | 160117653 |
| Fidelity Series International Credit Fund (b) | 1223257 | 10446611 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 86902245 | 757787573 |
| Fidelity Series Investment Grade Bond Fund (b) | 174742169 | 1782370129 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 294273477 | 1606733186 |
| Fidelity Series Real Estate Income Fund (b) | 2791170 | 28469930 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $5,062,321,593) |  | **4605808191** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 48.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 48.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 48.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 41512565 | 597780936 |
| Fidelity Series Blue Chip Growth Fund (b) | 73305199 | 1646434781 |
| Fidelity Series Commodity Strategy Fund (b) | 597259 | 55527216 |
| Fidelity Series Growth Company Fund (b) | 102898102 | 2950088596 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 36255075 | 392642466 |
| Fidelity Series Large Cap Stock Fund (b) | 109479751 | 2901213410 |
| Fidelity Series Large Cap Value Index Fund (b) | 47962712 | 871482485 |
| Fidelity Series Opportunistic Insights Fund (b) | 60937218 | 1754991877 |
| Fidelity Series Small Cap Core Fund (b) | 6691334 | 87991044 |
| Fidelity Series Small Cap Discovery Fund (b) | 21664801 | 252828225 |
| Fidelity Series Small Cap Opportunities Fund (b) | 35978041 | 567373702 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 130216484 | 1940225617 |
| Fidelity Series Value Discovery Fund (b) | 104479924 | 1764665921 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $9,402,134,588) |  | **15783246276** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 36.5%** | &nbsp;&nbsp;**International Equity Funds - 36.5%** | &nbsp;&nbsp;**International Equity Funds - 36.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 52714125 | 1010529776 |
| Fidelity Series Emerging Markets Fund (b) | 64652769 | 746092953 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 125832085 | 3004870182 |
| Fidelity Series International Growth Fund (b) | 106557106 | 2200404246 |
| Fidelity Series International Small Cap Fund (b) | 19527498 | 396603475 |
| Fidelity Series International Value Fund (b) | 135196768 | 2215875023 |
| Fidelity Series Overseas Fund (b) | 134770322 | 2187322326 |
| Fidelity Series Select International Small Cap Fund (b) | 1822264 | 25347685 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $7,570,729,204) |  | **11787045666** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 13240000 | 13217635 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 33260000 | 33178140 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 26470000 | 26383552 |
| US Treasury Bills 0% 10/9/2025  | 4.30 | 8600000 | 8592238 |
| US Treasury Bills 0% 12/11/2025 (d) | 3.98 | 40000 | 39696 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $81,401,524) |  |  | **81411261** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $42,012,994)<br>| 4.21 | 42004593 | **42012994** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $22,158,599,903)<br>| <br>**32299524388** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(17093218)** |
| **NET ASSETS - 100.0%** | **32282431170** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1528 | 12/19/2025 | 212796920 | (485821) | (485821) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 6689 | 12/19/2025 | 752407984 | 4025174 | 4025174 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 2235 | 12/19/2025 | 257234531 | 243527 | 243527 |
| CBOT US Treasury Long Bond Contracts (United States) | 2065 | 12/19/2025 | 240766094 | 6463496 | 6463496 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 10732197 |
| TOTAL PURCHASED |  |  |  |  | 10246376 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1911 | 12/19/2025 | 643887563 | (8890831) | (8890831) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 142 | 12/19/2025 | 9653870 | 2068 | 2068 |
| TOTAL SOLD |  |  |  |  | (8888763) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **1357613** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% | The notional amount of futures purchased as a percentage of Net Assets is 4.5% |
| The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% | The notional amount of futures sold as a percentage of Net Assets is 2.0% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $72,379,766.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 123416986 | 305536284 | 386938722 | 1108080 | (1554) | - | 42012994 | 42004593 | 0.1% |
| Total | 123416986 | 305536284 | 386938722 | 1108080 | (1554) | - | 42012994 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 13807022 | 383195 | 1027622 | 157683 | 21762 | 159515 | 13343872 | 1322485 |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 13229265 | 2009340 | 346069 | 177381 | (1916) | 173747 | 15064367 | 1921475 |
| Fidelity Series All-Sector Equity Fund | 468920856 | 35358492 | 24967561 | - | 1913962 | 116555187 | 597780936 | 41512565 |
| Fidelity Series Blue Chip Growth Fund | 1362877566 | 69077688 | 183153821 | 43111093 | 18255463 | 379377885 | 1646434781 | 73305199 |
| Fidelity Series Canada Fund | 721456322 | 167118531 | 21101471 | - | 5020899 | 138035495 | 1010529776 | 52714125 |
| Fidelity Series Commodity Strategy Fund | 55583358 | 1694186 | 1237727 | 783610 | (9860) | (502741) | 55527216 | 597259 |
| Fidelity Series Emerging Markets Debt Fund | 141074995 | 11872220 | 3342571 | 4337386 | 64649 | 7338210 | 157007503 | 18735979 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 42853585 | 637403 | 949441 | - | 6511 | 4474031 | 47022089 | 4764143 |
| Fidelity Series Emerging Markets Fund | 628036770 | 15186852 | 59266241 | - | 6578983 | 155556589 | 746092953 | 64652769 |
| Fidelity Series Emerging Markets Opportunities Fund | 2513662805 | 52843947 | 178104228 | - | 19750761 | 596716897 | 3004870182 | 125832085 |
| Fidelity Series Floating Rate High Income Fund | 26518404 | 1544761 | 616519 | 1089474 | (1219) | (149) | 27445278 | 3104669 |
| Fidelity Series Growth Company Fund | 2482060509 | 39578917 | 424976239 | - | 52445548 | 800979861 | 2950088596 | 102898102 |
| Fidelity Series High Income Fund | 149158394 | 7535236 | 3418423 | 5076687 | 63308 | 6779138 | 160117653 | 17910252 |
| Fidelity Series International Credit Fund | 10149142 | 230534 | 117037 | 230535 | 157 | 183815 | 10446611 | 1223257 |
| Fidelity Series International Developed Markets Bond Index Fund | 612090052 | 151663388 | 14069555 | 6218725 | 159904 | 7943784 | 757787573 | 86902245 |
| Fidelity Series International Growth Fund | 1883784994 | 76478371 | 61192951 | - | 11286126 | 290047706 | 2200404246 | 106557106 |
| Fidelity Series International Small Cap Fund | 380313432 | 608132 | 58716623 | - | 9319730 | 65078804 | 396603475 | 19527498 |
| Fidelity Series International Value Fund | 2027004933 | 31501816 | 236347992 | - | 63859833 | 329856433 | 2215875023 | 135196768 |
| Fidelity Series Intrinsic Opportunities Fund | 358059450 | 36513728 | 19548556 | 30072734 | 568041 | 17049803 | 392642466 | 36255075 |
| Fidelity Series Investment Grade Bond Fund | 1422583509 | 425297707 | 89263132 | 35037333 | 1475515 | 22276530 | 1782370129 | 174742169 |
| Fidelity Series Large Cap Stock Fund | 2446123407 | 228420078 | 213073494 | 148837228 | 43723556 | 396019863 | 2901213410 | 109479751 |
| Fidelity Series Large Cap Value Index Fund | 747627595 | 67439929 | 16024436 | - | 3467201 | 68972196 | 871482485 | 47962712 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 1467510504 | 211187668 | 60815258 | 29097377 | (12294425) | 1144697 | 1606733186 | 294273477 |
| Fidelity Series Opportunistic Insights Fund | 1476109039 | 44728531 | 128841202 | - | 20771127 | 342224382 | 1754991877 | 60937218 |
| Fidelity Series Overseas Fund | 1895980826 | 97476799 | 56300054 | - | 12552810 | 237611945 | 2187322326 | 134770322 |
| Fidelity Series Real Estate Income Fund | 27235553 | 1251881 | 624508 | 796594 | 4394 | 602610 | 28469930 | 2791170 |
| Fidelity Series Select International Small Cap Fund | 5015376 | 16665881 | 268294 | - | 23430 | 3911292 | 25347685 | 1822264 |
| Fidelity Series Small Cap Core Fund | 76591333 | 846403 | 5611700 | - | (138692) | 16303700 | 87991044 | 6691334 |
| Fidelity Series Small Cap Discovery Fund | 227532561 | 7069521 | 13354921 | 4096525 | 92560 | 31488504 | 252828225 | 21664801 |
| Fidelity Series Small Cap Opportunities Fund | 501365252 | 18665906 | 41756391 | 9533300 | 3025680 | 86073255 | 567373702 | 35978041 |
| Fidelity Series Stock Selector Large Cap Value Fund | 1661292177 | 151147711 | 35812232 | - | 5102486 | 158495475 | 1940225617 | 130216484 |
| Fidelity Series Value Discovery Fund | 1532352636 | 144089574 | 33103582 | - | 6356008 | 114971285 | 1764665921 | 104479924 |
|  | 27377961622 | 2116124326 | 1987349851 | 318653665 | 273464292 | 4395899744 | 32176100133 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 4605808191 | 4605808191 | - | - |
|  **Domestic Equity Funds** | 15783246276 | 15783246276 | - | - |
|  **International Equity Funds** | 11787045666 | 11787045666 | - | - |
|  **U.S. Treasury Obligations** | 81411261 | - | 81411261 | - |
|  **Money Market Funds** | 42012994 | 42012994 | - | - |
| **Total Investments in Securities:** | 32299524388 | 32218113127 | 81411261 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 10734265 | 10734265 | - | - |
| Total Assets | 10734265 | 10734265 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (9376652) | (9376652) | - | - |
| Total Liabilities | (9376652) | (9376652) | - | - |
| **Total Derivative Instruments:** | 1357613 | 1357613 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 2068 | (9376652) |
| **Total Equity Risk**  | 2068 | (9376652) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 10732197 | - |
| **Total Interest Rate Risk**  | 10732197 | - |
| **Total Value of Derivatives** | 10734265 | (9376652) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2040 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $81,401,524) | $81411261 |  |
| Fidelity Central Funds (cost $42,012,994) | 42012994 |  |
| Other affiliated issuers (cost $22,035,185,385) | 32176100133 |  |
| Total Investment in Securities (cost $22,158,599,903) |  | $32299524388 |
| Receivable for investments sold |  | 211759058 |
| Receivable for fund shares sold |  | 64517891 |
| Distributions receivable from Fidelity Central Funds |  | 180409 |
| Other receivables |  | 282348 |
| **Total assets** |  | 32576264094 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $203003433 |  |
| Payable for fund shares redeemed | 73345126 |  |
| Accrued management fee | 14917217 |  |
| Payable for daily variation margin on futures contracts | 2301874 |  |
| Other payables and accrued expenses | 265274 |  |
| **Total liabilities** |  | 293832924 |
| **Net Assets**  |  | $32282431170 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $21798417537 |
| Total accumulated earnings (loss) |  | 10484013633 |
| **Net Assets** |  | $32282431170 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2040 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($9,525,966,552 ÷ 716,449,013 shares) |  | $13.30 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($10,722,848,163 ÷ 806,515,364 shares) |  | $13.30 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($12,033,616,455 ÷ 908,684,245 shares) |  | $13.24 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $114143270 |
| Interest  |  | 1838961 |
| Income from Fidelity Central Funds  |  | 1108080 |
| **Total income** |  | 117090311 |
| **Expenses** |  |  |
| Management fee | $84562911 |  |
| Independent trustees' fees and expenses | 33314 |  |
| Miscellaneous | 100 |  |
| Total expenses before reductions | 84596325 |  |
| Expense reductions | (3) |  |
| Total expenses after reductions |  | 84596322 |
| **Net Investment income (loss)** |  | 32493989 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 377 |  |
| Redemptions in-kind | 119886868 |  |
| Fidelity Central Funds | (1554) |  |
| Other affiliated issuers | 153577424 |  |
| Futures contracts | (33406231) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 204510395 |  |
| Total net realized gain (loss) |  | 444567279 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 11352 |  |
| Affiliated issuers  | 4395899744 |  |
| Futures contracts | (8432305) |  |
| Total change in net unrealized appreciation (depreciation) |  | 4387478791 |
| **Net gain (loss)** |  | 4832046070 |
| **Net increase (decrease) in net assets resulting from operations** |  | $4864540059 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $32493989 | $437903864 |
| &nbsp;&nbsp;Net realized gain (loss) | 444567279<br>| 1786983328<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 4387478791 | (626052880)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 4864540059<br>| 1598834312<br>|
| Distributions to shareholders | (736644016)<br>| (783131073)<br>|
| Share transactions - net increase (decrease) | 633298699<br>| (2151400213)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 4761194742<br>| (1335696974)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 27521236428 | 28856933402<br>|
| &nbsp;&nbsp;End of period | $32282431170 | $27521236428 |

---

**Financial Highlights** 

**Fidelity Freedom® 2040 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.60 | $11.30 | $9.51 | $11.41 | $12.43 | $8.40 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .01  | .16  | .14  | .19  | .26  | .10  |
| Net realized and unrealized gain (loss)  | 2.00  | .44  | 1.83  | (.99)  | .19  | 4.60  |
| Total from investment operations  | 2.01  | .60  | 1.97  | (.80)  | .45  | 4.70  |
| Distributions from net investment income  | -  | (.16)  | (.14)  | (.19)  | (.28)  | (.12)  |
| Distributions from net realized gain  | (.31)  | (.14)  | (.04)  | (.91)  | (1.20)  | (.54)  |
| Total distributions  | (.31)  | (.30)  | (.18)  | (1.10)  | (1.47) C | (.67) C |
| Net asset value, end of period  | $13.30 | $11.60 | $11.30 | $9.51 | $11.41 | $12.43 |
| **Total Return** D,E | 17.74% <br>| 5.37%  | 20.90%  | (6.69)%  | 3.14%  | 57.59%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .68% H | .73%  | .74%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .68% H<br>| .73%  | .74%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .68% H | .73%  | .74%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | .11% H | 1.39%  | 1.44%  | 1.99%  | 2.09%  | .95%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $9525967 | $8135787 | $11022440 | $10829761 | $11819799 | $11610621 |
| Portfolio turnover rate I | 11% H,J<br>| 20% J | 16% J | 24% J | 29%  | 22%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2040 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.59 | $11.30 | $9.52 | $11.42 | $12.42 | $8.39 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .01  | .17  | .15  | .20  | .27  | .11  |
| Net realized and unrealized gain (loss)  | 2.01  | .45  | 1.82  | (1.00)  | .21  | 4.59  |
| Total from investment operations  | 2.02  | .62  | 1.97  | (.80)  | .48  | 4.70  |
| Distributions from net investment income  | -  | (.18)  | (.15)  | (.19)  | (.28)  | (.13)  |
| Distributions from net realized gain  | (.31)  | (.14)  | (.04)  | (.91)  | (1.20)  | (.54)  |
| Total distributions  | (.31)  | (.33) C | (.19)  | (1.10)  | (1.48)  | (.67)  |
| Net asset value, end of period  | $13.30 | $11.59 | $11.30 | $9.52 | $11.42 | $12.42 |
| **Total Return** D,E | 17.84% <br>| 5.47%  | 20.94%  | (6.61)%  | 3.36%  | 57.77%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .62% H | .63%  | .64%  | .64%  | .64% I | .64%  |
| Expenses net of fee waivers, if any  | .62% H<br>| .63%  | .64%  | .64%  | .64% I | .64%  |
| Expenses net of all reductions, if any  | .62% H | .63%  | .64%  | .64%  | .64% I | .64%  |
| Net investment income (loss)  | .17% H | 1.49%  | 1.54%  | 2.09%  | 2.20%  | 1.05%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $10722848 | $9853216 | $10876258 | $8990459 | $11362816 | $13396654 |
| Portfolio turnover rate J | 11% H,K<br>| 20% K | 16% K | 24% K | 29%  | 22%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2040 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $11.54 | $11.25 | $9.47 | $11.37 | $12.38 | $8.37 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .02  | .20  | .17  | .21  | .29  | .13  |
| Net realized and unrealized gain (loss)  | 1.99  | .44  | 1.82  | (.99)  | .20  | 4.57  |
| Total from investment operations  | 2.01  | .64  | 1.99  | (.78)  | .49  | 4.70  |
| Distributions from net investment income  | -  | (.21)  | (.17)  | (.21)  | (.31)  | (.15)  |
| Distributions from net realized gain  | (.31)  | (.14)  | (.04)  | (.92)  | (1.20)  | (.55)  |
| Total distributions  | (.31)  | (.35)  | (.21)  | (1.12) C | (1.50) C | (.69) C |
| Net asset value, end of period  | $13.24 | $11.54 | $11.25 | $9.47 | $11.37 | $12.38 |
| **Total Return** D,E | 17.83% <br>| 5.70%  | 21.22%  | (6.46)%  | 3.47%  | 57.95%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .43% H | .44%  | .44%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .43% H<br>| .44%  | .44%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .43% H | .44%  | .44%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .36% H | 1.68%  | 1.74%  | 2.24%  | 2.35%  | 1.20%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $12033616 | $9532233 | $6958236 | $5209370 | $4715207 | $4133969 |
| Portfolio turnover rate J | 11% H,K<br>| 20% K | 16% K | 24% K | 29%  | 22%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2045 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.9%** | &nbsp;&nbsp;**Bond Funds - 5.9%** | &nbsp;&nbsp;**Bond Funds - 5.9%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 1286888 | 10089205 |
| Fidelity Series Emerging Markets Debt Fund (b) | 14087978 | 118057255 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 3574023 | 35275603 |
| Fidelity Series Floating Rate High Income Fund (b) | 2298887 | 20322162 |
| Fidelity Series High Income Fund (b) | 13285153 | 118769271 |
| Fidelity Series International Credit Fund (b) | 719214 | 6142092 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 21848388 | 190517947 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 165912429 | 905881863 |
| Fidelity Series Real Estate Income Fund (b) | 2066066 | 21073869 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $1,640,318,709) |  | **1426129267** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.1%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.1%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.1%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 34377342 | 495033725 |
| Fidelity Series Blue Chip Growth Fund (b) | 60984851 | 1369719751 |
| Fidelity Series Commodity Strategy Fund (b) | 443413 | 41224100 |
| Fidelity Series Growth Company Fund (b) | 85603793 | 2454260741 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 30040316 | 325336627 |
| Fidelity Series Large Cap Stock Fund (b) | 90993931 | 2411339173 |
| Fidelity Series Large Cap Value Index Fund (b) | 39776799 | 722744434 |
| Fidelity Series Opportunistic Insights Fund (b) | 50616850 | 1457765288 |
| Fidelity Series Small Cap Core Fund (b) | 5518105 | 72563076 |
| Fidelity Series Small Cap Discovery Fund (b) | 17933793 | 209287362 |
| Fidelity Series Small Cap Opportunities Fund (b) | 29847586 | 470696437 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 108179650 | 1611876787 |
| Fidelity Series Value Discovery Fund (b) | 86786535 | 1465824584 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $8,459,958,237) |  | **13107672085** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.6%** | &nbsp;&nbsp;**International Equity Funds - 39.6%** | &nbsp;&nbsp;**International Equity Funds - 39.6%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 43040388 | 825084234 |
| Fidelity Series Emerging Markets Fund (b) | 52775240 | 609026268 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 102527972 | 2448367975 |
| Fidelity Series International Growth Fund (b) | 87214717 | 1800983899 |
| Fidelity Series International Small Cap Fund (b) | 14651461 | 297571176 |
| Fidelity Series International Value Fund (b) | 110503337 | 1811149700 |
| Fidelity Series Overseas Fund (b) | 110302224 | 1790205091 |
| Fidelity Series Select International Small Cap Fund (b) | 1291548 | 17965426 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $6,496,123,229) |  | **9600353769** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 9390000 | 9374139 |
| US Treasury Bills 0% 10/2/2025  | 4.26 to 4.29 | 2220000 | 2219752 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 20810000 | 20758781 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 18600000 | 18539255 |
| US Treasury Bills 0% 10/9/2025 (d) | 4.30 | 11390000 | 11379720 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 to 4.13 | 4850000 | 4818748 |
| US Treasury Bills 0% 12/4/2025 (d) | 3.96 | 30000 | 29792 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $67,112,898) |  |  | **67120187** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $37,828,454)<br>| 4.21 | 37820890 | **37828454** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $16,701,341,527)<br>| <br>**24239103762** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(13139548)** |
| **NET ASSETS - 100.0%** | **24225964214** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1794 | 12/19/2025 | 249841410 | (546791) | (546791) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 172 | 12/19/2025 | 11693420 | 125155 | 125155 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (421636) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 1758 | 12/19/2025 | 197747531 | 1055828 | 1055828 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 2178 | 12/19/2025 | 250674188 | 116546 | 116546 |
| CBOT US Treasury Long Bond Contracts (United States) | 4336 | 12/19/2025 | 505550500 | 13552117 | 13552117 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 14724491 |
| TOTAL PURCHASED |  |  |  |  | 14302855 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1368 | 12/19/2025 | 460930500 | (6364551) | (6364551) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **7938304** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.9% | The notional amount of futures purchased as a percentage of Net Assets is 4.9% | The notional amount of futures purchased as a percentage of Net Assets is 4.9% | The notional amount of futures purchased as a percentage of Net Assets is 4.9% | The notional amount of futures purchased as a percentage of Net Assets is 4.9% | The notional amount of futures purchased as a percentage of Net Assets is 4.9% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $61,278,707.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 83660573 | 269162209 | 314992857 | 779540 | (1471) | - | 37828454 | 37820890 | 0.1% |
| Total | 83660573 | 269162209 | 314992857 | 779540 | (1471) | - | 37828454 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 9726521 | 468087 | 221751 | 117349 | (317) | 116665 | 10089205 | 1286888 |
| Fidelity Series All-Sector Equity Fund | 374619753 | 37878459 | 13514265 | - | 1757419 | 94292359 | 495033725 | 34377342 |
| Fidelity Series Blue Chip Growth Fund | 1090990692 | 67385542 | 111616600 | 35679900 | 9605962 | 313354155 | 1369719751 | 60984851 |
| Fidelity Series Canada Fund | 576327902 | 149408132 | 15796284 | - | 3748678 | 111395806 | 825084234 | 43040388 |
| Fidelity Series Commodity Strategy Fund | 40677982 | 1748662 | 836182 | 580659 | (8208) | (358154) | 41224100 | 443413 |
| Fidelity Series Emerging Markets Debt Fund | 104802738 | 9990222 | 2265285 | 3234734 | 51610 | 5477970 | 118057255 | 14087978 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 31780272 | 817267 | 659440 | - | 32276 | 3305228 | 35275603 | 3574023 |
| Fidelity Series Emerging Markets Fund | 492902192 | 25047060 | 38421310 | - | 3818164 | 125680162 | 609026268 | 52775240 |
| Fidelity Series Emerging Markets Opportunities Fund | 1972798698 | 87726145 | 105361996 | - | 10808035 | 482397093 | 2448367975 | 102527972 |
| Fidelity Series Floating Rate High Income Fund | 19353128 | 1384954 | 415724 | 800392 | (808) | 612 | 20322162 | 2298887 |
| Fidelity Series Growth Company Fund | 1987835910 | 56465654 | 286003485 | - | 23696935 | 672265727 | 2454260741 | 85603793 |
| Fidelity Series High Income Fund | 109157423 | 6889403 | 2320445 | 3738545 | 66942 | 4975948 | 118769271 | 13285153 |
| Fidelity Series International Credit Fund | 5976103 | 135692 | 77833 | 135691 | 120 | 108010 | 6142092 | 719214 |
| Fidelity Series International Developed Markets Bond Index Fund | 182117367 | 16476765 | 10430272 | 1774430 | (107601) | 2461688 | 190517947 | 21848388 |
| Fidelity Series International Growth Fund | 1508232541 | 86781105 | 37589961 | - | 10041616 | 233518598 | 1800983899 | 87214717 |
| Fidelity Series International Small Cap Fund | 264985560 | 1076940 | 22645944 | - | 3182570 | 50972050 | 297571176 | 14651461 |
| Fidelity Series International Value Fund | 1592774037 | 43831544 | 142828374 | - | 27326716 | 290045777 | 1811149700 | 110503337 |
| Fidelity Series Intrinsic Opportunities Fund | 286924478 | 34877021 | 10681169 | 24800377 | 233622 | 13982675 | 325336627 | 30040316 |
| Fidelity Series Investment Grade Bond Fund | 4655898 | 13370187 | 18224432 | 123145 | 207773 | (9426) | - | - |
| Fidelity Series Large Cap Stock Fund | 1959026067 | 225640262 | 130339235 | 122318186 | 20484775 | 336527304 | 2411339173 | 90993931 |
| Fidelity Series Large Cap Value Index Fund | 598862474 | 76934561 | 12326335 | - | 3143160 | 56130574 | 722744434 | 39776799 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 879955953 | 132190450 | 97600343 | 17357921 | (37189310) | 28525113 | 905881863 | 165912429 |
| Fidelity Series Opportunistic Insights Fund | 1181726120 | 62144314 | 81641386 | - | 12144412 | 283391828 | 1457765288 | 50616850 |
| Fidelity Series Overseas Fund | 1516855817 | 104553556 | 32260860 | - | 7906787 | 193149791 | 1790205091 | 110302224 |
| Fidelity Series Real Estate Income Fund | 19879177 | 1170512 | 422355 | 585950 | 8683 | 437852 | 21073869 | 2066066 |
| Fidelity Series Select International Small Cap Fund | 3669021 | 11649113 | 218328 | - | 19694 | 2845926 | 17965426 | 1291548 |
| Fidelity Series Small Cap Core Fund | 59416914 | 3692264 | 3669004 | - | (101103) | 13224005 | 72563076 | 5518105 |
| Fidelity Series Small Cap Discovery Fund | 181922428 | 9063397 | 7430316 | 3333860 | 174141 | 25557712 | 209287362 | 17933793 |
| Fidelity Series Small Cap Opportunities Fund | 401763039 | 21585973 | 25364007 | 7867873 | 1678739 | 71032693 | 470696437 | 29847586 |
| Fidelity Series Stock Selector Large Cap Value Fund | 1331168989 | 175523509 | 28627712 | - | 4597008 | 129214993 | 1611876787 | 108179650 |
| Fidelity Series Value Discovery Fund | 1227916759 | 163625848 | 25208510 | - | 5935255 | 93555232 | 1465824584 | 86786535 |
|  | 20018801953 | 1629532600 | 1265019143 | 222449012 | 113263745 | 3637575966 | 24134155121 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 1426129267 | 1426129267 | - | - |
|  **Domestic Equity Funds** | 13107672085 | 13107672085 | - | - |
|  **International Equity Funds** | 9600353769 | 9600353769 | - | - |
|  **U.S. Treasury Obligations** | 67120187 | - | 67120187 | - |
|  **Money Market Funds** | 37828454 | 37828454 | - | - |
| **Total Investments in Securities:** | 24239103762 | 24171983575 | 67120187 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 14849646 | 14849646 | - | - |
| Total Assets | 14849646 | 14849646 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (6911342) | (6911342) | - | - |
| Total Liabilities | (6911342) | (6911342) | - | - |
| **Total Derivative Instruments:** | 7938304 | 7938304 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 125155 | (6911342) |
| **Total Equity Risk**  | 125155 | (6911342) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 14724491 | - |
| **Total Interest Rate Risk**  | 14724491 | - |
| **Total Value of Derivatives** | 14849646 | (6911342) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2045 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $67,112,898) | $67120187 |  |
| Fidelity Central Funds (cost $37,828,454) | 37828454 |  |
| Other affiliated issuers (cost $16,596,400,175) | 24134155121 |  |
| Total Investment in Securities (cost $16,701,341,527) |  | $24239103762 |
| Receivable for investments sold |  | 126676178 |
| Receivable for fund shares sold |  | 57277611 |
| Distributions receivable from Fidelity Central Funds |  | 143912 |
| Other receivables |  | 226700 |
| **Total assets** |  | 24423428163 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $127550776 |  |
| Payable for fund shares redeemed | 56430355 |  |
| Accrued management fee | 11327014 |  |
| Payable for daily variation margin on futures contracts | 1937026 |  |
| Other payables and accrued expenses | 218778 |  |
| **Total liabilities** |  | 197463949 |
| **Net Assets**  |  | $24225964214 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $16543051647 |
| Total accumulated earnings (loss) |  | 7682912567 |
| **Net Assets** |  | $24225964214 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2045 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($5,128,216,943 ÷ 326,275,791 shares) |  | $15.72 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($8,939,660,415 ÷ 570,110,385 shares) |  | $15.68 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($10,158,086,856 ÷ 649,719,164 shares) |  | $15.63 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $54079177 |
| Interest  |  | 1472362 |
| Income from Fidelity Central Funds  |  | 779540 |
| **Total income** |  | 56331079 |
| **Expenses** |  |  |
| Management fee | $63482416 |  |
| Independent trustees' fees and expenses | 24569 |  |
| Miscellaneous | 86 |  |
| Total expenses before reductions | 63507071 |  |
| Expense reductions | (19) |  |
| Total expenses after reductions |  | 63507052 |
| **Net Investment income (loss)** |  | (7175973) |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (4571) |  |
| Redemptions in-kind | 106063082 |  |
| Fidelity Central Funds | (1471) |  |
| Other affiliated issuers | 7200663 |  |
| Futures contracts | (25122914) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 168369835 |  |
| Total net realized gain (loss) |  | 256504624 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 8516 |  |
| Affiliated issuers  | 3637575966 |  |
| Futures contracts | 1742540 |  |
| Total change in net unrealized appreciation (depreciation) |  | 3639327022 |
| **Net gain (loss)** |  | 3895831646 |
| **Net increase (decrease) in net assets resulting from operations** |  | $3888655673 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $(7175973) | $292152547 |
| &nbsp;&nbsp;Net realized gain (loss) | 256504624<br>| 1230010852<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 3639327022 | (381938934)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 3888655673<br>| 1140224465<br>|
| Distributions to shareholders | (505432069)<br>| (456280836)<br>|
| Share transactions - net increase (decrease) | 713214000<br>| (1052330549)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 4096437604<br>| (368386920)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 20129526610 | 20497913530<br>|
| &nbsp;&nbsp;End of period | $24225964214 | $20129526610 |

---

**Financial Highlights** 

**Fidelity Freedom® 2045 Fund** <br>

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.51 | $13.08 | $10.93 | $13.07 | $14.22 | $9.54 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .17  | .16  | .21  | .30  | .12  |
| Net realized and unrealized gain (loss)  | 2.56  | .53  | 2.21  | (1.12)  | .22  | 5.23  |
| Total from investment operations  | 2.55  | .70  | 2.37  | (.91)  | .52  | 5.35  |
| Distributions from net investment income  | -  | (.16)  | (.15)  | (.22)  | (.32)  | (.14)  |
| Distributions from net realized gain  | (.34)  | (.10)  | (.07)  | (1.01)  | (1.36)  | (.53)  |
| Total distributions  | (.34)  | (.27) C | (.22)  | (1.23)  | (1.67) C | (.67)  |
| Net asset value, end of period  | $15.72 | $13.51 | $13.08 | $10.93 | $13.07 | $14.22 |
| **Total Return** D,E | 19.27% <br>| 5.33%  | 21.94%  | (6.61)%  | 3.19%  | 57.65%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .70% H<br>| .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | (.19)% H | 1.26%  | 1.35%  | 1.98%  | 2.10%  | .96%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $5128217 | $4237108 | $6535559 | $6387561 | $6683617 | $6499049 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 14% K | 22% K | 30%  | 21%  |

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A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2045 Fund Class K**<br>

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.47 | $13.07 | $10.93 | $13.07 | $14.21 | $9.53 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .19  | .17  | .22  | .31  | .13  |
| Net realized and unrealized gain (loss)  | 2.56  | .51  | 2.21  | (1.12)  | .23  | 5.23  |
| Total from investment operations  | 2.55  | .70  | 2.38  | (.90)  | .54  | 5.36  |
| Distributions from net investment income  | -  | (.20)  | (.17)  | (.22)  | (.32)  | (.15)  |
| Distributions from net realized gain  | (.34)  | (.10)  | (.07)  | (1.02)  | (1.36)  | (.53)  |
| Total distributions  | (.34)  | (.30)  | (.24)  | (1.24)  | (1.68)  | (.68)  |
| Net asset value, end of period  | $15.68 | $13.47 | $13.07 | $10.93 | $13.07 | $14.21 |
| **Total Return** C,D | 19.32% <br>| 5.39%  | 22.03%  | (6.54)%  | 3.32%  | 57.85%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .64% G | .64%  | .64%  | .64%  | .64% H | .64%  |
| Expenses net of fee waivers, if any  | .64% G<br>| .64%  | .64%  | .64%  | .64% H | .64%  |
| Expenses net of all reductions, if any  | .64% G | .64%  | .64%  | .64%  | .64% H | .64%  |
| Net investment income (loss)  | (.13)% G | 1.36%  | 1.45%  | 2.08%  | 2.20%  | 1.06%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $8939660 | $8049568 | $8239746 | $6749769 | $8267190 | $9496661 |
| Portfolio turnover rate I | 9% G,J<br>| 18% J | 14% J | 22% J | 30%  | 21%  |

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A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2045 Fund Class K6**<br>

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.42 | $13.01 | $10.88 | $13.02 | $14.17 | $9.51 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | - C | .21  | .19  | .24  | .33  | .15  |
| Net realized and unrealized gain (loss)  | 2.55  | .53  | 2.20  | (1.12)  | .23  | 5.22  |
| Total from investment operations  | 2.55  | .74  | 2.39  | (.88)  | .56  | 5.37  |
| Distributions from net investment income  | -  | (.23)  | (.19)  | (.24)  | (.35)  | (.17)  |
| Distributions from net realized gain  | (.34)  | (.10)  | (.07)  | (1.02)  | (1.36)  | (.54)  |
| Total distributions  | (.34)  | (.33)  | (.26)  | (1.26)  | (1.71)  | (.71)  |
| Net asset value, end of period  | $15.63 | $13.42 | $13.01 | $10.88 | $13.02 | $14.17 |
| **Total Return** D,E | 19.39% <br>| 5.68%  | 22.19%  | (6.37)%  | 3.44%  | 58.05%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .45% H<br>| .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .06% H | 1.55%  | 1.65%  | 2.23%  | 2.35%  | 1.21%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $10158087 | $7842850 | $5722609 | $4011557 | $3581681 | $3234275 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 14% K | 22% K | 30%  | 21%  |

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A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2050 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.7%** | &nbsp;&nbsp;**Bond Funds - 5.7%** | &nbsp;&nbsp;**Bond Funds - 5.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 1165657 | 9138751 |
| Fidelity Series Emerging Markets Debt Fund (b) | 12749300 | 106839130 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 3226338 | 31843958 |
| Fidelity Series Floating Rate High Income Fund (b) | 2079553 | 18383244 |
| Fidelity Series High Income Fund (b) | 12012930 | 107395597 |
| Fidelity Series International Credit Fund (b) | 600079 | 5124670 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 19753371 | 172249397 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 142416777 | 777595600 |
| Fidelity Series Real Estate Income Fund (b) | 1868457 | 19058266 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $1,427,236,358) |  | **1247628613** |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.3%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.3%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.3%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 31196602 | 449231068 |
| Fidelity Series Blue Chip Growth Fund (b) | 55280658 | 1241603568 |
| Fidelity Series Commodity Strategy Fund (b) | 401039 | 37284609 |
| Fidelity Series Growth Company Fund (b) | 77596524 | 2224692353 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 27196453 | 294537586 |
| Fidelity Series Large Cap Stock Fund (b) | 82501666 | 2186294151 |
| Fidelity Series Large Cap Value Index Fund (b) | 36083983 | 655645976 |
| Fidelity Series Opportunistic Insights Fund (b) | 45899857 | 1321915886 |
| Fidelity Series Small Cap Core Fund (b) | 4986491 | 65572357 |
| Fidelity Series Small Cap Discovery Fund (b) | 16206154 | 189125819 |
| Fidelity Series Small Cap Opportunities Fund (b) | 27032457 | 426301850 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 98095269 | 1461619512 |
| Fidelity Series Value Discovery Fund (b) | 78699217 | 1329229779 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $7,794,043,158) |  | **11883054514** |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 39100577 | 749558062 |
| Fidelity Series Emerging Markets Fund (b) | 47791590 | 551514954 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 92903483 | 2218535163 |
| Fidelity Series International Growth Fund (b) | 79029889 | 1631967198 |
| Fidelity Series International Small Cap Fund (b) | 13230721 | 268715949 |
| Fidelity Series International Value Fund (b) | 99804597 | 1635797347 |
| Fidelity Series Overseas Fund (b) | 99621782 | 1616861520 |
| Fidelity Series Select International Small Cap Fund (b) | 1221295 | 16988215 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $5,948,692,000) |  | **8689938408** |

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 8450000 | 8435727 |
| US Treasury Bills 0% 10/2/2025  | 4.26 to 4.29 | 2120000 | 2119763 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 18710000 | 18663950 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 16950000 | 16894644 |
| US Treasury Bills 0% 10/9/2025 (d) | 4.30 | 10320000 | 10310686 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 to 4.13 | 4490000 | 4461068 |
| US Treasury Bills 0% 12/4/2025 (d) | 3.96 | 40000 | 39722 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $60,918,952) |  |  | **60925560** |

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** | &nbsp;&nbsp;**Money Market Funds - 0.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $33,895,526)<br>| 4.21 | 33888749 | **33895526** |

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| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $15,264,785,994)<br>| <br>**21915442621** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(11836119)** |
| **NET ASSETS - 100.0%** | **21903606502** |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1686 | 12/19/2025 | 234800790 | (523181) | (523181) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 135 | 12/19/2025 | 9177975 | 98774 | 98774 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (424407) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 1589 | 12/19/2025 | 178737672 | 955122 | 955122 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 2177 | 12/19/2025 | 250559094 | 78132 | 78132 |
| CBOT US Treasury Long Bond Contracts (United States) | 3921 | 12/19/2025 | 457164094 | 12248345 | 12248345 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 13281599 |
| TOTAL PURCHASED |  |  |  |  | 12857192 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 1241 | 12/19/2025 | 418139438 | (5773690) | (5773690) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **7083502** |
| The notional amount of futures purchased as a percentage of Net Assets is 5.1% | The notional amount of futures purchased as a percentage of Net Assets is 5.1% | The notional amount of futures purchased as a percentage of Net Assets is 5.1% | The notional amount of futures purchased as a percentage of Net Assets is 5.1% | The notional amount of futures purchased as a percentage of Net Assets is 5.1% | The notional amount of futures purchased as a percentage of Net Assets is 5.1% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

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**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $55,398,875.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 74979616 | 243310048 | 284392811 | 701418 | (1327) | - | 33895526 | 33888749 | 0.1% |
| Total | 74979616 | 243310048 | 284392811 | 701418 | (1327) | - | 33895526 |  |  |

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Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 8769856 | 452961 | 190042 | 106094 | (202) | 106178 | 9138751 | 1165657 |
| Fidelity Series All-Sector Equity Fund | 337610832 | 36889532 | 12007851 | - | 1668717 | 85069838 | 449231068 | 31196602 |
| Fidelity Series Blue Chip Growth Fund | 983156336 | 63644522 | 96791606 | 32252358 | 8604577 | 282989739 | 1241603568 | 55280658 |
| Fidelity Series Canada Fund | 519334666 | 139980161 | 13694325 | - | 3501406 | 100436154 | 749558062 | 39100577 |
| Fidelity Series Commodity Strategy Fund | 36656053 | 1679119 | 724750 | 524998 | (4752) | (321061) | 37284609 | 401039 |
| Fidelity Series Emerging Markets Debt Fund | 94433046 | 9366817 | 1960460 | 2921272 | 47690 | 4952037 | 106839130 | 12749300 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 28604528 | 807258 | 576264 | - | 30569 | 2977867 | 31843958 | 3226338 |
| Fidelity Series Emerging Markets Fund | 444170954 | 23864100 | 33494653 | - | 3330562 | 113643991 | 551514954 | 47791590 |
| Fidelity Series Emerging Markets Opportunities Fund | 1777754721 | 83821000 | 88542263 | - | 8951474 | 436550231 | 2218535163 | 92903483 |
| Fidelity Series Floating Rate High Income Fund | 17441966 | 1300982 | 359931 | 722878 | (403) | 630 | 18383244 | 2079553 |
| Fidelity Series Growth Company Fund | 1791336909 | 55911750 | 251041949 | - | 20692826 | 607792817 | 2224692353 | 77596524 |
| Fidelity Series High Income Fund | 98364837 | 6489988 | 2015566 | 3375565 | 52176 | 4504162 | 107395597 | 12012930 |
| Fidelity Series International Credit Fund | 4988617 | 113273 | 67410 | 113273 | 86 | 90104 | 5124670 | 600079 |
| Fidelity Series International Developed Markets Bond Index Fund | 164494498 | 15365335 | 9736991 | 1606320 | (100457) | 2227012 | 172249397 | 19753371 |
| Fidelity Series International Growth Fund | 1359239160 | 82096567 | 29255694 | - | 9114186 | 210772979 | 1631967198 | 79029889 |
| Fidelity Series International Small Cap Fund | 238819473 | 971619 | 19915164 | - | 2351471 | 46488550 | 268715949 | 13230721 |
| Fidelity Series International Value Fund | 1435187290 | 43395896 | 129298061 | - | 23945208 | 262567014 | 1635797347 | 99804597 |
| Fidelity Series Intrinsic Opportunities Fund | 258556391 | 32609451 | 9475051 | 22403046 | 81910 | 12764885 | 294537586 | 27196453 |
| Fidelity Series Investment Grade Bond Fund | 4219800 | 12100975 | 16498959 | 109838 | 186723 | (8539) | - | - |
| Fidelity Series Large Cap Stock Fund | 1765367753 | 214814171 | 116300086 | 110470372 | 18696238 | 303716075 | 2186294151 | 82501666 |
| Fidelity Series Large Cap Value Index Fund | 539623073 | 73118916 | 10683211 | - | 2930809 | 50656389 | 655645976 | 36083983 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 792950181 | 121363588 | 128967362 | 15674950 | (46669572) | 38918765 | 777595600 | 142416777 |
| Fidelity Series Opportunistic Insights Fund | 1064922805 | 62958722 | 72778842 | - | 10907279 | 255905922 | 1321915886 | 45899857 |
| Fidelity Series Overseas Fund | 1366898755 | 96456208 | 27916178 | - | 7297407 | 174125328 | 1616861520 | 99621782 |
| Fidelity Series Real Estate Income Fund | 17913378 | 1107397 | 366037 | 529292 | 7475 | 396053 | 19058266 | 1868457 |
| Fidelity Series Select International Small Cap Fund | 3304080 | 11286770 | 201826 | - | 18606 | 2580585 | 16988215 | 1221295 |
| Fidelity Series Small Cap Core Fund | 53460460 | 3576389 | 3309792 | - | (84214) | 11929514 | 65572357 | 4986491 |
| Fidelity Series Small Cap Discovery Fund | 163981221 | 8521597 | 6621857 | 3011310 | 192256 | 23052602 | 189125819 | 16206154 |
| Fidelity Series Small Cap Opportunities Fund | 362042774 | 21265658 | 22679572 | 7107327 | 1443042 | 64229948 | 426301850 | 27032457 |
| Fidelity Series Stock Selector Large Cap Value Fund | 1199581641 | 166123783 | 25027269 | - | 4328441 | 116612916 | 1461619512 | 98095269 |
| Fidelity Series Value Discovery Fund | 1106508829 | 154638043 | 21849024 | - | 5629833 | 84302098 | 1329229779 | 78699217 |
|  | 18039694883 | 1546092548 | 1152348046 | 200928893 | 87151367 | 3300030783 | 21820621535 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 1247628613 | 1247628613 | - | - |
|  **Domestic Equity Funds** | 11883054514 | 11883054514 | - | - |
|  **International Equity Funds** | 8689938408 | 8689938408 | - | - |
|  **U.S. Treasury Obligations** | 60925560 | - | 60925560 | - |
|  **Money Market Funds** | 33895526 | 33895526 | - | - |
| **Total Investments in Securities:** | 21915442621 | 21854517061 | 60925560 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 13380373 | 13380373 | - | - |
| Total Assets | 13380373 | 13380373 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (6296871) | (6296871) | - | - |
| Total Liabilities | (6296871) | (6296871) | - | - |
| **Total Derivative Instruments:** | 7083502 | 7083502 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 98774 | (6296871) |
| **Total Equity Risk**  | 98774 | (6296871) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 13281599 | - |
| **Total Interest Rate Risk**  | 13281599 | - |
| **Total Value of Derivatives** | 13380373 | (6296871) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2050 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $60,918,952) | $60925560 |  |
| Fidelity Central Funds (cost $33,895,526) | 33895526 |  |
| Other affiliated issuers (cost $15,169,971,516) | 21820621535 |  |
| Total Investment in Securities (cost $15,264,785,994) |  | $21915442621 |
| Receivable for investments sold |  | 140057672 |
| Receivable for fund shares sold |  | 51085151 |
| Distributions receivable from Fidelity Central Funds |  | 129857 |
| **Total assets** |  | 22106715301 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $140059602 |  |
| Payable for fund shares redeemed | 51089900 |  |
| Accrued management fee | 10185456 |  |
| Payable for daily variation margin on futures contracts | 1773841 |  |
| **Total liabilities** |  | 203108799 |
| **Net Assets**  |  | $21903606502 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $15135614867 |
| Total accumulated earnings (loss) |  | 6767991635 |
| **Net Assets** |  | $21903606502 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2050 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($4,452,254,467 ÷ 279,325,574 shares) |  | $15.94 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($7,960,476,568 ÷ 500,467,873 shares) |  | $15.91 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($9,490,875,467 ÷ 597,275,823 shares) |  | $15.89 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $48835877 |
| Interest  |  | 1331274 |
| Income from Fidelity Central Funds  |  | 701418 |
| **Total income** |  | 50868569 |
| **Expenses** |  |  |
| Management fee | $57063452 |  |
| Independent trustees' fees and expenses | 22167 |  |
| Miscellaneous | 100 |  |
| Total expenses before reductions | 57085719 |  |
| Expense reductions | (19) |  |
| Total expenses after reductions |  | 57085700 |
| **Net Investment income (loss)** |  | (6217131) |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (4122) |  |
| Redemptions in-kind | 98591578 |  |
| Fidelity Central Funds | (1327) |  |
| Other affiliated issuers | (11440211) |  |
| Futures contracts | (22593605) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 152093016 |  |
| Total net realized gain (loss) |  | 216645329 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 7735 |  |
| Affiliated issuers  | 3300030783 |  |
| Futures contracts | 1505830 |  |
| Total change in net unrealized appreciation (depreciation) |  | 3301544348 |
| **Net gain (loss)** |  | 3518189677 |
| **Net increase (decrease) in net assets resulting from operations** |  | $3511972546 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $(6217131) | $261497011 |
| &nbsp;&nbsp;Net realized gain (loss) | 216645329<br>| 1147189499<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 3301544348 | (371321011)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 3511972546<br>| 1037365499<br>|
| Distributions to shareholders | (441268415)<br>| (388089314)<br>|
| Share transactions - net increase (decrease) | 693444711<br>| (1070600909)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 3764148842<br>| (421324724)<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 18139457660 | 18560782384<br>|
| &nbsp;&nbsp;End of period | $21903606502 | $18139457660 |

---

**Financial Highlights** 

**Fidelity Freedom® 2050 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.69 | $13.24 | $11.06 | $13.20 | $14.33 | $9.61 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .17  | .16  | .22  | .30  | .12  |
| Net realized and unrealized gain (loss)  | 2.59  | .54  | 2.24  | (1.14)  | .23  | 5.27  |
| Total from investment operations  | 2.58  | .71  | 2.40  | (.92)  | .53  | 5.39  |
| Distributions from net investment income  | -  | (.17)  | (.16)  | (.22)  | (.32)  | (.14)  |
| Distributions from net realized gain  | (.33)  | (.09)  | (.06)  | (1.00)  | (1.34)  | (.53)  |
| Total distributions  | (.33)  | (.26)  | (.22)  | (1.22)  | (1.66)  | (.67)  |
| Net asset value, end of period  | $15.94 | $13.69 | $13.24 | $11.06 | $13.20 | $14.33 |
| **Total Return** C,D | 19.25% <br>| 5.33%  | 21.90%  | (6.59)%  | 3.20%  | 57.62%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .70% G | .74% H | .75%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .70% G<br>| .74% H | .75%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .70% G | .74% H | .75%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | (.19)% G | 1.25%  | 1.35%  | 1.99%  | 2.10%  | .96%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $4452254 | $3693114 | $5629337 | $5490915 | $5676102 | $5495177 |
| Portfolio turnover rate I | 9% G,J<br>| 19% J | 14% J | 22% J | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2050 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.66 | $13.23 | $11.05 | $13.19 | $14.32 | $9.60 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .19  | .17  | .23  | .32  | .13  |
| Net realized and unrealized gain (loss)  | 2.59  | .53  | 2.24  | (1.14)  | .22  | 5.27  |
| Total from investment operations  | 2.58  | .72  | 2.41  | (.91)  | .54  | 5.40  |
| Distributions from net investment income  | -  | (.20)  | (.17)  | (.22)  | (.33)  | (.15)  |
| Distributions from net realized gain  | (.33)  | (.09)  | (.06)  | (1.01)  | (1.34)  | (.53)  |
| Total distributions  | (.33)  | (.29)  | (.23)  | (1.23)  | (1.67)  | (.68)  |
| Net asset value, end of period  | $15.91 | $13.66 | $13.23 | $11.05 | $13.19 | $14.32 |
| **Total Return** C,D | 19.30% <br>| 5.46%  | 22.08%  | (6.53)%  | 3.26%  | 57.78%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .64% G | .64%  | .64%  | .64%  | .64% H | .64%  |
| Expenses net of fee waivers, if any  | .64% G<br>| .64%  | .64%  | .64%  | .64% H | .64%  |
| Expenses net of all reductions, if any  | .64% G | .64%  | .64%  | .64%  | .64% H | .64%  |
| Net investment income (loss)  | (.13)% G | 1.35%  | 1.45%  | 2.09%  | 2.20%  | 1.06%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $7960477 | $7205677 | $7818363 | $6412099 | $7763505 | $8727043 |
| Portfolio turnover rate I | 9% G,J<br>| 19% J | 14% J | 22% J | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2050 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.63 | $13.20 | $11.03 | $13.17 | $14.30 | $9.59 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | - C | .21  | .19  | .24  | .34  | .15  |
| Net realized and unrealized gain (loss)  | 2.59  | .54  | 2.23  | (1.13)  | .22  | 5.26  |
| Total from investment operations  | 2.59  | .75  | 2.42  | (.89)  | .56  | 5.41  |
| Distributions from net investment income  | -  | (.23)  | (.19)  | (.24)  | (.35)  | (.17)  |
| Distributions from net realized gain  | (.33)  | (.09)  | (.06)  | (1.01)  | (1.34)  | (.53)  |
| Total distributions  | (.33)  | (.32)  | (.25)  | (1.25)  | (1.69)  | (.70)  |
| Net asset value, end of period  | $15.89 | $13.63 | $13.20 | $11.03 | $13.17 | $14.30 |
| **Total Return** D,E | 19.41% <br>| 5.67%  | 22.20%  | (6.35)%  | 3.43%  | 57.97%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .45% H<br>| .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .06% H | 1.54%  | 1.65%  | 2.24%  | 2.35%  | 1.21%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $9490875 | $7240667 | $5113083 | $3665937 | $3161910 | $2710752 |
| Portfolio turnover rate J | 9% H,K<br>| 19% K | 14% K | 22% K | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Amount represents less than $.005 per share.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2055 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 753993 | 5911305 |
| Fidelity Series Emerging Markets Debt Fund (b) | 8234609 | 69006022 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 2051580 | 20249091 |
| Fidelity Series Floating Rate High Income Fund (b) | 1337104 | 11820003 |
| Fidelity Series High Income Fund (b) | 7691401 | 68761129 |
| Fidelity Series International Credit Fund (b) | 200898 | 1715670 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 11680725 | 101855921 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 88543789 | 483449088 |
| Fidelity Series Real Estate Income Fund (b) | 1200125 | 12241274 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $869,859,149) |  | **775009503** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 20006713 | 288096662 |
| Fidelity Series Blue Chip Growth Fund (b) | 35410409 | 795317788 |
| Fidelity Series Commodity Strategy Fund (b) | 257069 | 23899749 |
| Fidelity Series Growth Company Fund (b) | 49746973 | 1426245726 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 17438511 | 188859069 |
| Fidelity Series Large Cap Stock Fund (b) | 52895393 | 1401727901 |
| Fidelity Series Large Cap Value Index Fund (b) | 23138777 | 420431586 |
| Fidelity Series Opportunistic Insights Fund (b) | 29429773 | 847577469 |
| Fidelity Series Small Cap Core Fund (b) | 3171928 | 41710852 |
| Fidelity Series Small Cap Discovery Fund (b) | 10392957 | 121285814 |
| Fidelity Series Small Cap Opportunities Fund (b) | 17330575 | 273303163 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 62895610 | 937144589 |
| Fidelity Series Value Discovery Fund (b) | 50460100 | 852271095 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $5,436,530,882) |  | **7617871463** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 25076143 | 480709655 |
| Fidelity Series Emerging Markets Fund (b) | 30643448 | 353625390 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 59560650 | 1422308324 |
| Fidelity Series International Growth Fund (b) | 50616768 | 1045236254 |
| Fidelity Series International Small Cap Fund (b) | 8325874 | 169098507 |
| Fidelity Series International Value Fund (b) | 63932232 | 1047849275 |
| Fidelity Series Overseas Fund (b) | 63816595 | 1035743345 |
| Fidelity Series Select International Small Cap Fund (b) | 790090 | 10990147 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $4,007,785,747) |  | **5565560897** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 5320000 | 5311014 |
| US Treasury Bills 0% 10/2/2025  | 4.26 to 4.29 | 1500000 | 1499832 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 10980000 | 10952976 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 10460000 | 10425839 |
| US Treasury Bills 0% 10/9/2025 (d) | 4.30 | 6470000 | 6464160 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 to 4.13 | 3390000 | 3368156 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $38,017,885) |  |  | **38021977** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $22,171,353)<br>| 4.21 | 22166919 | **22171353** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $10,374,365,016)<br>| <br>**14018635193** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(7492244)** |
| **NET ASSETS - 100.0%** | **14011142949** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 1098 | 12/19/2025 | 152912970 | (359971) | (359971) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 89 | 12/19/2025 | 6050665 | 64894 | 64894 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (295077) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 1016 | 12/19/2025 | 114284125 | 609635 | 609635 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 1416 | 12/19/2025 | 162972750 | 46824 | 46824 |
| CBOT US Treasury Long Bond Contracts (United States) | 2507 | 12/19/2025 | 292300531 | 7822275 | 7822275 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 8478734 |
| TOTAL PURCHASED |  |  |  |  | 8183657 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 793 | 12/19/2025 | 267191438 | (3689392) | (3689392) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **4494265** |
| The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $35,163,373.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 46574076 | 154526879 | 178928755 | 443269 | (847) | - | 22171353 | 22166919 | 0.0% |
| Total | 46574076 | 154526879 | 178928755 | 443269 | (847) | - | 22171353 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 5541472 | 436369 | 136108 | 67625 | 921 | 68651 | 5911305 | 753993 |
| Fidelity Series All-Sector Equity Fund | 212345905 | 28996302 | 8240404 | - | 1275338 | 53719521 | 288096662 | 20006713 |
| Fidelity Series Blue Chip Growth Fund | 618402250 | 53915630 | 61709060 | 20599344 | 6028859 | 178680109 | 795317788 | 35410409 |
| Fidelity Series Canada Fund | 326659761 | 97872568 | 9578016 | - | 2648503 | 63106839 | 480709655 | 25076143 |
| Fidelity Series Commodity Strategy Fund | 23057041 | 1562741 | 521086 | 335798 | (4334) | (194613) | 23899749 | 257069 |
| Fidelity Series Emerging Markets Debt Fund | 59723001 | 7495741 | 1416417 | 1864543 | 67846 | 3135851 | 69006022 | 8234609 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 17912971 | 858198 | 416731 | - | 22366 | 1872287 | 20249091 | 2051580 |
| Fidelity Series Emerging Markets Fund | 279389474 | 20823363 | 20859735 | - | 1954113 | 72318175 | 353625390 | 30643448 |
| Fidelity Series Emerging Markets Opportunities Fund | 1118230918 | 75975639 | 54708745 | - | 6027886 | 276782626 | 1422308324 | 59560650 |
| Fidelity Series Floating Rate High Income Fund | 11004372 | 1074612 | 259548 | 460036 | (34) | 601 | 11820003 | 1337104 |
| Fidelity Series Growth Company Fund | 1126760301 | 59277427 | 158421675 | - | 12675415 | 385954258 | 1426245726 | 49746973 |
| Fidelity Series High Income Fund | 61872280 | 5451038 | 1453855 | 2140670 | 50105 | 2841561 | 68761129 | 7691401 |
| Fidelity Series International Credit Fund | 1675001 | 38007 | 27518 | 38008 | 20 | 30160 | 1715670 | 200898 |
| Fidelity Series International Developed Markets Bond Index Fund | 105088110 | 12219069 | 16820203 | 1030844 | (259225) | 1628170 | 101855921 | 11680725 |
| Fidelity Series International Growth Fund | 855078112 | 71198944 | 20356129 | - | 4726345 | 134588982 | 1045236254 | 50616768 |
| Fidelity Series International Small Cap Fund | 150079990 | 1101945 | 12869016 | - | 593581 | 30192007 | 169098507 | 8325874 |
| Fidelity Series International Value Fund | 902496422 | 45753222 | 81981703 | - | 10603804 | 170977530 | 1047849275 | 63932232 |
| Fidelity Series Intrinsic Opportunities Fund | 162635012 | 24441714 | 6326332 | 14251074 | (118738) | 8227413 | 188859069 | 17438511 |
| Fidelity Series Investment Grade Bond Fund | 2679582 | 7482936 | 10269026 | 66668 | 111954 | (5446) | - | - |
| Fidelity Series Large Cap Stock Fund | 1110422244 | 163267225 | 76094677 | 70297897 | 11663125 | 192469984 | 1401727901 | 52895393 |
| Fidelity Series Large Cap Value Index Fund | 339414129 | 54707364 | 7762881 | - | 1950852 | 32122122 | 420431586 | 23138777 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 498771992 | 86571489 | 97180610 | 9940314 | (34478750) | 29764967 | 483449088 | 88543789 |
| Fidelity Series Opportunistic Insights Fund | 669836087 | 56577362 | 47870556 | - | 6075664 | 162958912 | 847577469 | 29429773 |
| Fidelity Series Overseas Fund | 859802192 | 81567066 | 20314868 | - | 5635969 | 109052986 | 1035743345 | 63816595 |
| Fidelity Series Real Estate Income Fund | 11296676 | 951700 | 264258 | 337127 | 6389 | 250767 | 12241274 | 1200125 |
| Fidelity Series Select International Small Cap Fund | 2076829 | 7384856 | 157281 | - | 15116 | 1670627 | 10990147 | 790090 |
| Fidelity Series Small Cap Core Fund | 33602297 | 2757089 | 2166987 | - | (42781) | 7561234 | 41710852 | 3171928 |
| Fidelity Series Small Cap Discovery Fund | 103164655 | 7779032 | 4399367 | 1907828 | 132894 | 14608600 | 121285814 | 10392957 |
| Fidelity Series Small Cap Opportunities Fund | 227730345 | 18658805 | 14715984 | 4521142 | 839304 | 40790693 | 273303163 | 17330575 |
| Fidelity Series Stock Selector Large Cap Value Fund | 754560405 | 123637964 | 17914972 | - | 2439761 | 74421431 | 937144589 | 62895610 |
| Fidelity Series Value Discovery Fund | 696005442 | 114989979 | 15887793 | - | 3092636 | 54070831 | 852271095 | 50460100 |
|  | 11347315268 | 1234825396 | 771101541 | 127858918 | 43734904 | 2103667836 | 13958441863 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 775009503 | 775009503 | - | - |
|  **Domestic Equity Funds** | 7617871463 | 7617871463 | - | - |
|  **International Equity Funds** | 5565560897 | 5565560897 | - | - |
|  **U.S. Treasury Obligations** | 38021977 | - | 38021977 | - |
|  **Money Market Funds** | 22171353 | 22171353 | - | - |
| **Total Investments in Securities:** | 14018635193 | 13980613216 | 38021977 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 8543628 | 8543628 | - | - |
| Total Assets | 8543628 | 8543628 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (4049363) | (4049363) | - | - |
| Total Liabilities | (4049363) | (4049363) | - | - |
| **Total Derivative Instruments:** | 4494265 | 4494265 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 64894 | (4049363) |
| **Total Equity Risk**  | 64894 | (4049363) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 8478734 | - |
| **Total Interest Rate Risk**  | 8478734 | - |
| **Total Value of Derivatives** | 8543628 | (4049363) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2055 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $38,017,885) | $38021977 |  |
| Fidelity Central Funds (cost $22,171,353) | 22171353 |  |
| Other affiliated issuers (cost $10,314,175,778) | 13958441863 |  |
| Total Investment in Securities (cost $10,374,365,016) |  | $14018635193 |
| Receivable for investments sold |  | 101102746 |
| Receivable for fund shares sold |  | 39786445 |
| Distributions receivable from Fidelity Central Funds |  | 82645 |
| **Total assets** |  | 14159607029 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $105180557 |  |
| Payable for fund shares redeemed | 35708314 |  |
| Accrued management fee | 6404363 |  |
| Payable for daily variation margin on futures contracts | 1170817 |  |
| Other payables and accrued expenses | 29 |  |
| **Total liabilities** |  | 148464080 |
| **Net Assets**  |  | $14011142949 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $10332726843 |
| Total accumulated earnings (loss) |  | 3678416106 |
| **Net Assets** |  | $14011142949 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2055 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($2,084,771,232 ÷ 112,845,555 shares) |  | $18.47 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($5,395,881,276 ÷ 292,850,947 shares) |  | $18.43 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($6,530,490,441 ÷ 354,636,511 shares) |  | $18.41 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $31017382 |
| Interest  |  | 840241 |
| Income from Fidelity Central Funds  |  | 443269 |
| **Total income** |  | 32300892 |
| **Expenses** |  |  |
| Management fee | $35638291 |  |
| Independent trustees' fees and expenses | 14011 |  |
| Miscellaneous | 87 |  |
| Total expenses before reductions | 35652389 |  |
| Expense reductions | (30) |  |
| Total expenses after reductions |  | 35652359 |
| **Net Investment income (loss)** |  | (3351467) |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (7294) |  |
| Redemptions in-kind | 65532632 |  |
| Fidelity Central Funds | (847) |  |
| Other affiliated issuers | (21797728) |  |
| Futures contracts | (14272908) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 96841536 |  |
| Total net realized gain (loss) |  | 126295391 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 4785 |  |
| Affiliated issuers  | 2103667836 |  |
| Futures contracts | 1007043 |  |
| Total change in net unrealized appreciation (depreciation) |  | 2104679664 |
| **Net gain (loss)** |  | 2230975055 |
| **Net increase (decrease) in net assets resulting from operations** |  | $2227623588 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $(3351467) | $164056625 |
| &nbsp;&nbsp;Net realized gain (loss) | 126295391<br>| 669599306<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 2104679664 | (209077551)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 2227623588<br>| 624578380<br>|
| Distributions to shareholders | (275330304)<br>| (240290356)<br>|
| Share transactions - net increase (decrease) | 648871342<br>| (142059428)<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 2601164626<br>| 242228596<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 11409978323 | 11167749727<br>|
| &nbsp;&nbsp;End of period | $14011142949 | $11409978323 |

---

**Financial Highlights** 

**Fidelity Freedom® 2055 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.86 | $15.32 | $12.82 | $15.24 | $16.46 | $10.95 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.02)  | .20  | .18  | .25  | .35  | .14  |
| Net realized and unrealized gain (loss)  | 3.01  | .62  | 2.59  | (1.31)  | .25  | 6.02  |
| Total from investment operations  | 2.99  | .82  | 2.77  | (1.06)  | .60  | 6.16  |
| Distributions from net investment income  | -  | (.18)  | (.18)  | (.25)  | (.37)  | (.16)  |
| Distributions from net realized gain  | (.38)  | (.10)  | (.09)  | (1.11)  | (1.46)  | (.50)  |
| Total distributions  | (.38)  | (.28)  | (.27)  | (1.36)  | (1.82) C | (.65) C |
| Net asset value, end of period  | $18.47 | $15.86 | $15.32 | $12.82 | $15.24 | $16.46 |
| **Total Return** D,E | 19.24% <br>| 5.33%  | 21.87%  | (6.60)%  | 3.21%  | 57.70%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .70% H<br>| .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | (.19)% H | 1.27%  | 1.35%  | 2.00%  | 2.12%  | .97%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $2084771 | $1680518 | $2974387 | $2870981 | $2747697 | $2561622 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 13% K | 21% K | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2055 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.82 | $15.32 | $12.82 | $15.24 | $16.45 | $10.95 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .22  | .20  | .27  | .37  | .15  |
| Net realized and unrealized gain (loss)  | 3.00  | .62  | 2.59  | (1.32)  | .25  | 6.01  |
| Total from investment operations  | 2.99  | .84  | 2.79  | (1.05)  | .62  | 6.16  |
| Distributions from net investment income  | -  | (.24)  | (.20)  | (.26)  | (.38)  | (.17)  |
| Distributions from net realized gain  | (.38)  | (.10)  | (.09)  | (1.11)  | (1.46)  | (.50)  |
| Total distributions  | (.38)  | (.34)  | (.29)  | (1.37)  | (1.83) C | (.66) C |
| Net asset value, end of period  | $18.43 | $15.82 | $15.32 | $12.82 | $15.24 | $16.45 |
| **Total Return** D,E | 19.29% <br>| 5.46%  | 22.05%  | (6.53)%  | 3.33%  | 57.70%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of fee waivers, if any  | .64% H<br>| .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of all reductions, if any  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Net investment income (loss)  | (.13)% H | 1.37%  | 1.46%  | 2.10%  | 2.22%  | 1.07%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $5395881 | $4871931 | $4871704 | $3828961 | $4350522 | $4567253 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 13% K | 21% K | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2055 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $15.79 | $15.29 | $12.79 | $15.22 | $16.43 | $10.93 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .01  | .25  | .22  | .28  | .39  | .17  |
| Net realized and unrealized gain (loss)  | 2.99  | .62  | 2.59  | (1.31)  | .26  | 6.01  |
| Total from investment operations  | 3.00  | .87  | 2.81  | (1.03)  | .65  | 6.18  |
| Distributions from net investment income  | -  | (.27)  | (.22)  | (.28)  | (.40)  | (.19)  |
| Distributions from net realized gain  | (.38)  | (.10)  | (.09)  | (1.12)  | (1.46)  | (.50)  |
| Total distributions  | (.38)  | (.37)  | (.31)  | (1.40)  | (1.86)  | (.68) C |
| Net asset value, end of period  | $18.41 | $15.79 | $15.29 | $12.79 | $15.22 | $16.43 |
| **Total Return** D,E | 19.39% <br>| 5.66%  | 22.25%  | (6.42)%  | 3.51%  | 58.01%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .45% H<br>| .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .06% H | 1.56%  | 1.65%  | 2.25%  | 2.37%  | 1.22%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $6530490 | $4857529 | $3321659 | $2180264 | $1748523 | $1474416 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 13% K | 21% K | 29%  | 21%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2060 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 416542 | 3265692 |
| Fidelity Series Emerging Markets Debt Fund (b) | 4536900 | 38019224 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 1107344 | 10929483 |
| Fidelity Series Floating Rate High Income Fund (b) | 732135 | 6472073 |
| Fidelity Series High Income Fund (b) | 4195047 | 37503718 |
| Fidelity Series International Credit Fund (b) | 28814 | 246072 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 6357427 | 55436767 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 48052018 | 262364021 |
| Fidelity Series Real Estate Income Fund (b) | 656140 | 6692632 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $460,831,907) |  | **420929682** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 10891704 | 156840541 |
| Fidelity Series Blue Chip Growth Fund (b) | 19280213 | 433033575 |
| Fidelity Series Commodity Strategy Fund (b) | 140324 | 13045917 |
| Fidelity Series Growth Company Fund (b) | 27076329 | 776278359 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 9491545 | 102793433 |
| Fidelity Series Large Cap Stock Fund (b) | 28791304 | 762969558 |
| Fidelity Series Large Cap Value Index Fund (b) | 12595942 | 228868264 |
| Fidelity Series Opportunistic Insights Fund (b) | 16019312 | 461356173 |
| Fidelity Series Small Cap Core Fund (b) | 1724670 | 22679406 |
| Fidelity Series Small Cap Discovery Fund (b) | 5657829 | 66026869 |
| Fidelity Series Small Cap Opportunities Fund (b) | 9431772 | 148739044 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 34235275 | 510105598 |
| Fidelity Series Value Discovery Fund (b) | 27466603 | 463910932 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $3,136,438,431) |  | **4146647669** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 13672270 | 262097418 |
| Fidelity Series Emerging Markets Fund (b) | 16678235 | 192466837 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 32436024 | 774572245 |
| Fidelity Series International Growth Fund (b) | 27563281 | 569181758 |
| Fidelity Series International Small Cap Fund (b) | 4460318 | 90589055 |
| Fidelity Series International Value Fund (b) | 34825203 | 570785071 |
| Fidelity Series Overseas Fund (b) | 34762729 | 564199084 |
| Fidelity Series Select International Small Cap Fund (b) | 429875 | 5979557 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $2,284,956,004) |  | **3029871025** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 2860000 | 2855169 |
| US Treasury Bills 0% 10/2/2025  | 4.26 to 4.29 | 980000 | 979891 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 5320000 | 5306906 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 5630000 | 5611613 |
| US Treasury Bills 0% 10/9/2025 (d) | 4.30 | 3420000 | 3416913 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 to 4.13 | 2340000 | 2324922 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $20,493,229) |  |  | **20495414** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $11,915,295)<br>| 4.21 | 11912913 | **11915295** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $5,914,634,866)<br>| <br>**7629859085** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(4029631)** |
| **NET ASSETS - 100.0%** | **7625829454** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 601 | 12/19/2025 | 83698265 | (197149) | (197149) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 42 | 12/19/2025 | 2855370 | 30721 | 30721 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (166428) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 553 | 12/19/2025 | 62203859 | 331306 | 331306 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 771 | 12/19/2025 | 88737281 | 25195 | 25195 |
| CBOT US Treasury Long Bond Contracts (United States) | 1364 | 12/19/2025 | 159033875 | 4247446 | 4247446 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 4603947 |
| TOTAL PURCHASED |  |  |  |  | 4437519 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 433 | 12/19/2025 | 145893938 | (2014511) | (2014511) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **2423008** |
| The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $19,120,880.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 24175924 | 83099103 | 95359273 | 234613 | (459) | - | 11915295 | 11912913 | 0.0% |
| Total | 24175924 | 83099103 | 95359273 | 234613 | (459) | - | 11915295 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 2946403 | 351135 | 71843 | 36526 | 927 | 39070 | 3265692 | 416542 |
| Fidelity Series All-Sector Equity Fund | 112292182 | 19365340 | 4364260 | - | 732231 | 28815048 | 156840541 | 10891704 |
| Fidelity Series Blue Chip Growth Fund | 327025847 | 39516033 | 32579150 | 11179670 | 3082544 | 95988301 | 433033575 | 19280213 |
| Fidelity Series Canada Fund | 172738842 | 59258793 | 5095041 | - | 1476605 | 33718219 | 262097418 | 13672270 |
| Fidelity Series Commodity Strategy Fund | 12193054 | 1229089 | 278979 | 182666 | (106) | (97141) | 13045917 | 140324 |
| Fidelity Series Emerging Markets Debt Fund | 31748525 | 5281723 | 759398 | 1008449 | 44596 | 1703778 | 38019224 | 4536900 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 9415321 | 731812 | 224835 | - | 13095 | 994090 | 10929483 | 1107344 |
| Fidelity Series Emerging Markets Fund | 147749234 | 15769766 | 11060940 | - | 942244 | 39066533 | 192466837 | 16678235 |
| Fidelity Series Emerging Markets Opportunities Fund | 591351938 | 59297957 | 28352620 | - | 3124764 | 149150206 | 774572245 | 32436024 |
| Fidelity Series Floating Rate High Income Fund | 5837802 | 772408 | 139104 | 248059 | 403 | 564 | 6472073 | 732135 |
| Fidelity Series Growth Company Fund | 595861778 | 50415120 | 84252448 | - | 5726713 | 208527196 | 776278359 | 27076329 |
| Fidelity Series High Income Fund | 32719081 | 4007061 | 780359 | 1149937 | 30563 | 1527372 | 37503718 | 4195047 |
| Fidelity Series International Credit Fund | 240733 | 5460 | 4445 | 5460 | (52) | 4376 | 246072 | 28814 |
| Fidelity Series International Developed Markets Bond Index Fund | 56237531 | 8615172 | 10156832 | 557780 | (157944) | 898840 | 55436767 | 6357427 |
| Fidelity Series International Growth Fund | 452316961 | 53579673 | 11450244 | - | 2307456 | 72427912 | 569181758 | 27563281 |
| Fidelity Series International Small Cap Fund | 79333331 | 1641706 | 6779174 | - | 245515 | 16147677 | 90589055 | 4460318 |
| Fidelity Series International Value Fund | 477091533 | 39365671 | 43136840 | - | 5125660 | 92339047 | 570785071 | 34825203 |
| Fidelity Series Intrinsic Opportunities Fund | 86005409 | 15866047 | 3397217 | 7723119 | (231037) | 4550231 | 102793433 | 9491545 |
| Fidelity Series Investment Grade Bond Fund | 1449926 | 3952989 | 5455970 | 33171 | 56025 | (2970) | - | - |
| Fidelity Series Large Cap Stock Fund | 587217101 | 106212478 | 39901890 | 37976919 | 5377542 | 104064327 | 762969558 | 28791304 |
| Fidelity Series Large Cap Value Index Fund | 179468286 | 35280975 | 4311354 | - | 1063816 | 17366541 | 228868264 | 12595942 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 263758285 | 54489547 | 53577440 | 5341117 | (16788326) | 14481955 | 262364021 | 48052018 |
| Fidelity Series Opportunistic Insights Fund | 354226501 | 41963582 | 25499647 | - | 3341988 | 87323749 | 461356173 | 16019312 |
| Fidelity Series Overseas Fund | 454693246 | 59547152 | 11286062 | - | 3232318 | 58012430 | 564199084 | 34762729 |
| Fidelity Series Real Estate Income Fund | 5988460 | 706618 | 141788 | 182268 | 3672 | 135670 | 6692632 | 656140 |
| Fidelity Series Select International Small Cap Fund | 1097018 | 4369572 | 399837 | - | 20555 | 892249 | 5979557 | 429875 |
| Fidelity Series Small Cap Core Fund | 17746760 | 2034650 | 1156141 | - | (7927) | 4062064 | 22679406 | 1724670 |
| Fidelity Series Small Cap Discovery Fund | 54596029 | 5791930 | 2302065 | 1021652 | 72893 | 7868082 | 66026869 | 5657829 |
| Fidelity Series Small Cap Opportunities Fund | 120430725 | 13591696 | 7666867 | 2450159 | 508360 | 21875130 | 148739044 | 9431772 |
| Fidelity Series Stock Selector Large Cap Value Fund | 399052081 | 79167131 | 9647156 | - | 1226272 | 40307270 | 510105598 | 34235275 |
| Fidelity Series Value Discovery Fund | 368061895 | 73759454 | 8822864 | - | 1511763 | 29400684 | 463910932 | 27466603 |
|  | 6000891818 | 855937740 | 413052810 | 69096952 | 22083128 | 1131588500 | 7597448376 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 420929682 | 420929682 | - | - |
|  **Domestic Equity Funds** | 4146647669 | 4146647669 | - | - |
|  **International Equity Funds** | 3029871025 | 3029871025 | - | - |
|  **U.S. Treasury Obligations** | 20495414 | - | 20495414 | - |
|  **Money Market Funds** | 11915295 | 11915295 | - | - |
| **Total Investments in Securities:** | 7629859085 | 7609363671 | 20495414 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 4634668 | 4634668 | - | - |
| Total Assets | 4634668 | 4634668 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (2211660) | (2211660) | - | - |
| Total Liabilities | (2211660) | (2211660) | - | - |
| **Total Derivative Instruments:** | 2423008 | 2423008 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 30721 | (2211660) |
| **Total Equity Risk**  | 30721 | (2211660) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 4603947 | - |
| **Total Interest Rate Risk**  | 4603947 | - |
| **Total Value of Derivatives** | 4634668 | (2211660) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2060 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $20,493,229) | $20495414 |  |
| Fidelity Central Funds (cost $11,915,295) | 11915295 |  |
| Other affiliated issuers (cost $5,882,226,342) | 7597448376 |  |
| Total Investment in Securities (cost $5,914,634,866) |  | $7629859085 |
| Receivable for investments sold |  | 55141485 |
| Receivable for fund shares sold |  | 21731615 |
| Distributions receivable from Fidelity Central Funds |  | 44082 |
| **Total assets** |  | 7706776267 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $59741172 |  |
| Payable for fund shares redeemed | 17129894 |  |
| Accrued management fee | 3439621 |  |
| Payable for daily variation margin on futures contracts | 636100 |  |
| Other payables and accrued expenses | 26 |  |
| **Total liabilities** |  | 80946813 |
| **Net Assets**  |  | $7625829454 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $5910069025 |
| Total accumulated earnings (loss) |  | 1715760429 |
| **Net Assets** |  | $7625829454 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2060 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($920,767,484 ÷ 54,260,939 shares) |  | $16.97 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($2,946,266,138 ÷ 174,209,979 shares) |  | $16.91 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($3,758,795,832 ÷ 222,051,213 shares) |  | $16.93 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $16715138 |
| Interest  |  | 448442 |
| Income from Fidelity Central Funds  |  | 234613 |
| **Total income** |  | 17398193 |
| **Expenses** |  |  |
| Management fee | $18907373 |  |
| Independent trustees' fees and expenses | 7478 |  |
| Miscellaneous | 70 |  |
| Total expenses before reductions | 18914921 |  |
| Expense reductions | (24) |  |
| Total expenses after reductions |  | 18914897 |
| **Net Investment income (loss)** |  | (1516704) |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (4013) |  |
| Redemptions in-kind | 34774097 |  |
| Fidelity Central Funds | (459) |  |
| Other affiliated issuers | (12690969) |  |
| Futures contracts | (7553153) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 52381814 |  |
| Total net realized gain (loss) |  | 66907317 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 2554 |  |
| Affiliated issuers  | 1131588500 |  |
| Futures contracts | 592610 |  |
| Total change in net unrealized appreciation (depreciation) |  | 1132183664 |
| **Net gain (loss)** |  | 1199090981 |
| **Net increase (decrease) in net assets resulting from operations** |  | $1197574277 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $(1516704) | $84617494 |
| &nbsp;&nbsp;Net realized gain (loss) | 66907317<br>| 335995366<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 1132183664 | (102887482)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 1197574277<br>| 317725378<br>|
| Distributions to shareholders | (138746418)<br>| (135576854)<br>|
| Share transactions - net increase (decrease) | 533046072<br>| 255053316<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 1591873931<br>| 437201840<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 6033955523 | 5596753683<br>|
| &nbsp;&nbsp;End of period | $7625829454 | $6033955523 |

---

**Financial Highlights** 

**Fidelity Freedom® 2060 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.55 | $14.07 | $11.78 | $13.92 | $14.89 | $9.87 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .18  | .17  | .23  | .32  | .13  |
| Net realized and unrealized gain (loss)  | 2.76  | .57  | 2.38  | (1.20)  | .22  | 5.43  |
| Total from investment operations  | 2.75  | .75  | 2.55  | (.97)  | .54  | 5.56  |
| Distributions from net investment income  | -  | (.15)  | (.16)  | (.23)  | (.33)  | (.15)  |
| Distributions from net realized gain  | (.33)  | (.12)  | (.10)  | (.94)  | (1.18)  | (.39)  |
| Total distributions  | (.33)  | (.27)  | (.26)  | (1.17)  | (1.51)  | (.54)  |
| Net asset value, end of period  | $16.97 | $14.55 | $14.07 | $11.78 | $13.92 | $14.89 |
| **Total Return** C,D | 19.27% <br>| 5.36%  | 21.90%  | (6.66)%  | 3.21%  | 57.57%  |
| **Ratios to Average Net Assets** B,E,F |  |  |  |  |  |  |
| Expenses before reductions  | .70% G | .74% H | .75%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .70% G<br>| .74% H | .75%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .70% G | .74% H | .75%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | (.18)% G | 1.27%  | 1.37%  | 2.03%  | 2.14%  | .99%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $920767 | $711582 | $1352418 | $1234246 | $1070581 | $891301 |
| Portfolio turnover rate I | 9% G,J<br>| 18% J | 13% J | 20% J | 28%  | 18%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total returns for periods of less than one year are not annualized.*

D*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

E*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

F*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

G*Annualized.*

H*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

I*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

J*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2060 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.50 | $14.07 | $11.79 | $13.92 | $14.88 | $9.86 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .20  | .18  | .25  | .34  | .14  |
| Net realized and unrealized gain (loss)  | 2.75  | .57  | 2.38  | (1.21)  | .22  | 5.43  |
| Total from investment operations  | 2.74  | .77  | 2.56  | (.96)  | .56  | 5.57  |
| Distributions from net investment income  | -  | (.22)  | (.18)  | (.24)  | (.34)  | (.15)  |
| Distributions from net realized gain  | (.33)  | (.12)  | (.10)  | (.94)  | (1.18)  | (.39)  |
| Total distributions  | (.33)  | (.34)  | (.28)  | (1.17) C | (1.52)  | (.55) C |
| Net asset value, end of period  | $16.91 | $14.50 | $14.07 | $11.79 | $13.92 | $14.88 |
| **Total Return** D,E | 19.26% <br>| 5.46%  | 21.98%  | (6.53)%  | 3.35%  | 57.77%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of fee waivers, if any  | .64% H<br>| .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of all reductions, if any  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Net investment income (loss)  | (.13)% H | 1.37%  | 1.48%  | 2.13%  | 2.24%  | 1.09%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $2946266 | $2572970 | $2554115 | $1805653 | $1829608 | $1714287 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 13% K | 20% K | 28%  | 18%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2060 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $14.50 | $14.07 | $11.78 | $13.91 | $14.87 | $9.85 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | .01  | .23  | .21  | .26  | .36  | .16  |
| Net realized and unrealized gain (loss)  | 2.75  | .57  | 2.37  | (1.20)  | .22  | 5.43  |
| Total from investment operations  | 2.76  | .80  | 2.58  | (.94)  | .58  | 5.59  |
| Distributions from net investment income  | -  | (.24)  | (.20)  | (.25)  | (.36)  | (.17)  |
| Distributions from net realized gain  | (.33)  | (.12)  | (.10)  | (.94)  | (1.18)  | (.40)  |
| Total distributions  | (.33)  | (.37) C | (.29) C | (1.19)  | (1.54)  | (.57)  |
| Net asset value, end of period  | $16.93 | $14.50 | $14.07 | $11.78 | $13.91 | $14.87 |
| **Total Return** D,E | 19.40% <br>| 5.67%  | 22.23%  | (6.40)%  | 3.51%  | 58.07%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .45% H<br>| .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .06% H | 1.56%  | 1.67%  | 2.28%  | 2.39%  | 1.24%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $3758796 | $2749404 | $1690221 | $1081638 | $759404 | $539465 |
| Portfolio turnover rate J | 9% H,K<br>| 18% K | 13% K | 20% K | 28%  | 18%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2065 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** | &nbsp;&nbsp;**Bond Funds - 5.5%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b) | 143169 | 1122444 |
| Fidelity Series Emerging Markets Debt Fund (b) | 1548420 | 12975760 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (b) | 361234 | 3565378 |
| Fidelity Series Floating Rate High Income Fund (b) | 247367 | 2186726 |
| Fidelity Series High Income Fund (b) | 1424116 | 12731594 |
| Fidelity Series International Credit Fund (b) | 4639 | 39620 |
| Fidelity Series International Developed Markets Bond Index Fund (b) | 2115027 | 18443034 |
| Fidelity Series Long-Term Treasury Bond Index Fund (b) | 15985925 | 87283150 |
| Fidelity Series Real Estate Income Fund (b) | 220823 | 2252392 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $145,396,195) |  | **140600098** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (b) | 3622951 | 52170488 |
| Fidelity Series Blue Chip Growth Fund (b) | 6417626 | 144139889 |
| Fidelity Series Commodity Strategy Fund (b) | 46998 | 4369367 |
| Fidelity Series Growth Company Fund (b) | 9008310 | 258268259 |
| Fidelity Series Intrinsic Opportunities Fund (b) | 3155315 | 34172064 |
| Fidelity Series Large Cap Stock Fund (b) | 9578492 | 253830036 |
| Fidelity Series Large Cap Value Index Fund (b) | 4190126 | 76134594 |
| Fidelity Series Opportunistic Insights Fund (b) | 5329283 | 153483359 |
| Fidelity Series Small Cap Core Fund (b) | 572770 | 7531928 |
| Fidelity Series Small Cap Discovery Fund (b) | 1880567 | 21946216 |
| Fidelity Series Small Cap Opportunities Fund (b) | 3135689 | 49449816 |
| Fidelity Series Stock Selector Large Cap Value Fund (b) | 11389420 | 169702358 |
| Fidelity Series Value Discovery Fund (b) | 9137576 | 154333664 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $1,111,179,867) |  | **1379532038** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** | &nbsp;&nbsp;**International Equity Funds - 39.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (b) | 4547328 | 87172286 |
| Fidelity Series Emerging Markets Fund (b) | 5548625 | 64031131 |
| Fidelity Series Emerging Markets Opportunities Fund (b) | 10789895 | 257662681 |
| Fidelity Series International Growth Fund (b) | 9174728 | 189458129 |
| Fidelity Series International Small Cap Fund (b) | 1475937 | 29976287 |
| Fidelity Series International Value Fund (b) | 11582521 | 189837526 |
| Fidelity Series Overseas Fund (b) | 11561823 | 187648384 |
| Fidelity Series Select International Small Cap Fund (b) | 142948 | 1988401 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $797,797,683) |  | **1007774825** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.3%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 10/16/2025 (d) | 4.28 | 880000 | 878514 |
| US Treasury Bills 0% 10/2/2025 (d) | 4.26 to 4.29 | 430000 | 429952 |
| US Treasury Bills 0% 10/23/2025 (d) | 4.29 | 1240000 | 1236948 |
| US Treasury Bills 0% 10/30/2025 (d) | 4.28 | 1740000 | 1734317 |
| US Treasury Bills 0% 10/9/2025 (d) | 4.30 | 1110000 | 1108998 |
| US Treasury Bills 0% 11/28/2025 (d) | 4.09 to 4.13 | 1170000 | 1162461 |
| US Treasury Bills 0% 12/4/2025 (d) | 4.06 | 20000 | 19861 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $6,570,364) |  |  | **6571051** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $3,863,316)<br>| 4.21 | 3862544 | **3863316** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $2,064,807,425)<br>| <br>**2538341328** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(1329420)** |
| **NET ASSETS - 100.0%** | **2537011908** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 201 | 12/19/2025 | 27992265 | (64059) | (64059) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 14 | 12/19/2025 | 951790 | 10182 | 10182 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (53877) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 184 | 12/19/2025 | 20697125 | 109768 | 109768 |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 256 | 12/19/2025 | 29464000 | 8661 | 8661 |
| CBOT US Treasury Long Bond Contracts (United States) | 454 | 12/19/2025 | 52933563 | 1403546 | 1403546 |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | 1521975 |
| TOTAL PURCHASED |  |  |  |  | 1468098 |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 143 | 12/19/2025 | 48182063 | (665300) | (665300) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **802798** |
| The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Affiliated fund.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $6,241,088.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 7095344 | 26745924 | 29977803 | 73143 | (149) | - | 3863316 | 3862544 | 0.0% |
| Total | 7095344 | 26745924 | 29977803 | 73143 | (149) | - | 3863316 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 921652 | 201852 | 15979 | 11858 | 393 | 14526 | 1122444 | 143169 |
| Fidelity Series All-Sector Equity Fund | 34640690 | 9078210 | 1051518 | - | 191077 | 9312029 | 52170488 | 3622951 |
| Fidelity Series Blue Chip Growth Fund | 100910174 | 20623818 | 9144461 | 3694523 | 758572 | 30991786 | 144139889 | 6417626 |
| Fidelity Series Canada Fund | 53305801 | 23727461 | 1085177 | - | 251811 | 10972390 | 87172286 | 4547328 |
| Fidelity Series Commodity Strategy Fund | 3762896 | 692552 | 62446 | 60670 | 1006 | (24641) | 4369367 | 46998 |
| Fidelity Series Emerging Markets Debt Fund | 9946204 | 2618279 | 172879 | 329861 | 14044 | 570112 | 12975760 | 1548420 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 2858587 | 441888 | 50633 | - | 4069 | 311467 | 3565378 | 361234 |
| Fidelity Series Emerging Markets Fund | 45597459 | 8519555 | 3050893 | - | 413427 | 12551583 | 64031131 | 5548625 |
| Fidelity Series Emerging Markets Opportunities Fund | 182499111 | 33098420 | 7231493 | - | 1061296 | 48235347 | 257662681 | 10789895 |
| Fidelity Series Floating Rate High Income Fund | 1820069 | 397289 | 31483 | 80635 | 378 | 473 | 2186726 | 247367 |
| Fidelity Series Growth Company Fund | 183877288 | 30307924 | 24948138 | - | 1619949 | 67411236 | 258268259 | 9008310 |
| Fidelity Series High Income Fund | 10097183 | 2304800 | 176058 | 370767 | 9544 | 496125 | 12731594 | 1424116 |
| Fidelity Series International Credit Fund | 38634 | 877 | 589 | 877 | 1 | 697 | 39620 | 4639 |
| Fidelity Series International Developed Markets Bond Index Fund | 17471844 | 4195336 | 3464370 | 177234 | (55677) | 295901 | 18443034 | 2115027 |
| Fidelity Series International Growth Fund | 139652624 | 28577867 | 2761732 | - | 541520 | 23447850 | 189458129 | 9174728 |
| Fidelity Series International Small Cap Fund | 24417583 | 2261767 | 1880093 | - | 120155 | 5056875 | 29976287 | 1475937 |
| Fidelity Series International Value Fund | 147103022 | 23676903 | 12285865 | - | 1011906 | 30331560 | 189837526 | 11582521 |
| Fidelity Series Intrinsic Opportunities Fund | 26542263 | 7138482 | 873094 | 2536210 | 84055 | 1280358 | 34172064 | 3155315 |
| Fidelity Series Investment Grade Bond Fund | 470636 | 1180304 | 1663776 | 8039 | 13816 | (980) | - | - |
| Fidelity Series Large Cap Stock Fund | 181208189 | 48255126 | 10647131 | 12403651 | 1096713 | 33917139 | 253830036 | 9578492 |
| Fidelity Series Large Cap Value Index Fund | 55380229 | 15707843 | 984388 | - | 177982 | 5852928 | 76134594 | 4190126 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 81396922 | 23327308 | 16883112 | 1717290 | (3426647) | 2868679 | 87283150 | 15985925 |
| Fidelity Series Opportunistic Insights Fund | 109305433 | 22159128 | 7035354 | - | 957006 | 28097146 | 153483359 | 5329283 |
| Fidelity Series Overseas Fund | 140326572 | 30460701 | 2593482 | - | 729076 | 18725517 | 187648384 | 11561823 |
| Fidelity Series Real Estate Income Fund | 1862405 | 376153 | 32132 | 59499 | 1336 | 44630 | 2252392 | 220823 |
| Fidelity Series Select International Small Cap Fund | 337911 | 1647809 | 294951 | - | 13251 | 284381 | 1988401 | 142948 |
| Fidelity Series Small Cap Core Fund | 5476751 | 1073729 | 334291 | - | (1489) | 1317228 | 7531928 | 572770 |
| Fidelity Series Small Cap Discovery Fund | 16870706 | 3092035 | 587756 | 325146 | 32480 | 2538751 | 21946216 | 1880567 |
| Fidelity Series Small Cap Opportunities Fund | 37166944 | 7229677 | 2164303 | 804616 | 147189 | 7070309 | 49449816 | 3135689 |
| Fidelity Series Stock Selector Large Cap Value Fund | 123163088 | 35175931 | 2206155 | - | 276090 | 13293404 | 169702358 | 11389420 |
| Fidelity Series Value Discovery Fund | 113587449 | 32647236 | 2017222 | - | 174362 | 9941839 | 154333664 | 9137576 |
|  | 1852016319 | 420196260 | 115730954 | 22580876 | 6218691 | 365206645 | 2527906961 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 140600098 | 140600098 | - | - |
|  **Domestic Equity Funds** | 1379532038 | 1379532038 | - | - |
|  **International Equity Funds** | 1007774825 | 1007774825 | - | - |
|  **U.S. Treasury Obligations** | 6571051 | - | 6571051 | - |
|  **Money Market Funds** | 3863316 | 3863316 | - | - |
| **Total Investments in Securities:** | 2538341328 | 2531770277 | 6571051 | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 1532157 | 1532157 | - | - |
| Total Assets | 1532157 | 1532157 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (729359) | (729359) | - | - |
| Total Liabilities | (729359) | (729359) | - | - |
| **Total Derivative Instruments:** | 802798 | 802798 | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 10182 | (729359) |
| **Total Equity Risk**  | 10182 | (729359) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | 1521975 | - |
| **Total Interest Rate Risk**  | 1521975 | - |
| **Total Value of Derivatives** | 1532157 | (729359) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2065 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Unaffiliated issuers (cost $6,570,364) | $6571051 |  |
| Fidelity Central Funds (cost $3,863,316) | 3863316 |  |
| Other affiliated issuers (cost $2,054,373,745) | 2527906961 |  |
| Total Investment in Securities (cost $2,064,807,425) |  | $2538341328 |
| Receivable for investments sold |  | 18712534 |
| Receivable for fund shares sold |  | 8015355 |
| Distributions receivable from Fidelity Central Funds |  | 14123 |
| **Total assets** |  | 2565083340 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $21393554 |  |
| Payable for fund shares redeemed | 5332968 |  |
| Accrued management fee | 1135106 |  |
| Payable for daily variation margin on futures contracts | 209800 |  |
| Other payables and accrued expenses | 4 |  |
| **Total liabilities** |  | 28071432 |
| **Net Assets**  |  | $2537011908 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $2064631389 |
| Total accumulated earnings (loss) |  | 472380519 |
| **Net Assets** |  | $2537011908 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2065 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($293,751,307 ÷ 18,980,579 shares) |  | $15.48 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($983,548,870 ÷ 63,678,435 shares) |  | $15.45 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($1,259,711,731 ÷ 81,241,742 shares) |  | $15.51 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $5425408 |
| Interest  |  | 142029 |
| Income from Fidelity Central Funds  |  | 73143 |
| **Total income** |  | 5640580 |
| **Expenses** |  |  |
| Management fee | $6051843 |  |
| Independent trustees' fees and expenses | 2366 |  |
| Total expenses before reductions | 6054209 |  |
| Expense reductions | (46) |  |
| Total expenses after reductions |  | 6054163 |
| **Net Investment income (loss)** |  | (413583) |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | (1339) |  |
| Redemptions in-kind | 8006069 |  |
| Fidelity Central Funds | (149) |  |
| Other affiliated issuers | (1787378) |  |
| Futures contracts | (2373878) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 17155468 |  |
| Total net realized gain (loss) |  | 20998793 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Unaffiliated issuers  | 811 |  |
| Affiliated issuers  | 365206645 |  |
| Futures contracts | 246330 |  |
| Total change in net unrealized appreciation (depreciation) |  | 365453786 |
| **Net gain (loss)** |  | 386452579 |
| **Net increase (decrease) in net assets resulting from operations** |  | $386038996 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **Year ended**<br> **March 31, 2025** |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $(413583) | $25038755 |
| &nbsp;&nbsp;Net realized gain (loss) | 20998793<br>| 98721258<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 365453786 | (41335862)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 386038996<br>| 82424151<br>|
| Distributions to shareholders | (40963995)<br>| (46122925)<br>|
| Share transactions - net increase (decrease) | 329774360<br>| 399555488<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 674849361<br>| 435856714<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 1862162547 | 1426305833<br>|
| &nbsp;&nbsp;End of period | $2537011908 | $1862162547 |

---

**Financial Highlights** 

**Fidelity Freedom® 2065 Fund** <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.25 | $12.87 | $10.78 | $12.53 | $13.10 | $8.52 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .18  | .16  | .22  | .30  | .12  |
| Net realized and unrealized gain (loss)  | 2.52  | .50  | 2.17  | (1.09)  | .17  | 4.74  |
| Total from investment operations  | 2.51  | .68  | 2.33  | (.87)  | .47  | 4.86  |
| Distributions from net investment income  | -  | (.14)  | (.15)  | (.20)  | (.28)  | (.13)  |
| Distributions from net realized gain  | (.28)  | (.17)  | (.09)  | (.68)  | (.76)  | (.15)  |
| Total distributions  | (.28)  | (.30) C | (.24)  | (.88)  | (1.04)  | (.28)  |
| Net asset value, end of period  | $15.48 | $13.25 | $12.87 | $10.78 | $12.53 | $13.10 |
| **Total Return** D,E | 19.31% <br>| 5.34%  | 21.89%  | (6.64)%  | 3.25%  | 57.49%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of fee waivers, if any  | .70% H<br>| .74% I | .75%  | .75%  | .75%  | .75%  |
| Expenses net of all reductions, if any  | .70% H | .74% I | .75%  | .75%  | .75%  | .75%  |
| Net investment income (loss)  | (.18)% H | 1.33%  | 1.42%  | 2.09%  | 2.24%  | 1.07%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $293751 | $207693 | $348066 | $249369 | $143463 | $68876 |
| Portfolio turnover rate J | 8% H,K<br>| 16% K | 12% K | 17% K | 23%  | 13%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2065 Fund Class K**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.22 | $12.89 | $10.80 | $12.54 | $13.11 | $8.52 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | (.01)  | .19  | .17  | .23  | .31  | .14  |
| Net realized and unrealized gain (loss)  | 2.52  | .50  | 2.18  | (1.08)  | .17  | 4.74  |
| Total from investment operations  | 2.51  | .69  | 2.35  | (.85)  | .48  | 4.88  |
| Distributions from net investment income  | -  | (.20)  | (.17)  | (.21)  | (.29)  | (.13)  |
| Distributions from net realized gain  | (.28)  | (.17)  | (.09)  | (.68)  | (.76)  | (.16)  |
| Total distributions  | (.28)  | (.36) C | (.26)  | (.89)  | (1.05)  | (.29)  |
| Net asset value, end of period  | $15.45 | $13.22 | $12.89 | $10.80 | $12.54 | $13.11 |
| **Total Return** D,E | 19.36% <br>| 5.41%  | 22.02%  | (6.49)%  | 3.30%  | 57.72%  |
| **Ratios to Average Net Assets** B,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of fee waivers, if any  | .64% H<br>| .64%  | .65%  | .64%  | .64% I | .64%  |
| Expenses net of all reductions, if any  | .64% H | .64%  | .65%  | .64%  | .64% I | .64%  |
| Net investment income (loss)  | (.12)% H | 1.43%  | 1.53%  | 2.19%  | 2.34%  | 1.18%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $983549 | $778756 | $620120 | $326070 | $213091 | $113107 |
| Portfolio turnover rate J | 8% H,K<br>| 16% K | 12% K | 17% K | 23%  | 13%  |

---

A*Calculated based on average shares outstanding during the period.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Total distributions per share do not sum due to rounding.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2065 Fund Class K6**<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025**  | **2024**  | **2023**  | **2022**  | **2021**  |
| **Selected Per-Share Data**  |  |  |  |  |  |  |
| Net asset value, beginning of period  | $13.26 | $12.92 | $10.82 | $12.56 | $13.13 | $8.53 |
| Income from Investment Operations  |  |  |  |  |  |  |
| Net investment income (loss) A,B | - C | .22  | .20  | .25  | .33  | .15  |
| Net realized and unrealized gain (loss)  | 2.53  | .51  | 2.17  | (1.08)  | .17  | 4.75  |
| Total from investment operations  | 2.53  | .73  | 2.37  | (.83)  | .50  | 4.90  |
| Distributions from net investment income  | -  | (.22)  | (.18)  | (.22)  | (.31)  | (.14)  |
| Distributions from net realized gain  | (.28)  | (.17)  | (.09)  | (.69)  | (.76)  | (.16)  |
| Total distributions  | (.28)  | (.39)  | (.27)  | (.91)  | (1.07)  | (.30)  |
| Net asset value, end of period  | $15.51 | $13.26 | $12.92 | $10.82 | $12.56 | $13.13 |
| **Total Return** D,E | 19.45% <br>| 5.66%  | 22.20%  | (6.32)%  | 3.43%  | 57.93%  |
| **Ratios to Average Net Assets** A,F,G |  |  |  |  |  |  |
| Expenses before reductions  | .45% H | .45%  | .46%  | .49%  | .49% I | .49%  |
| Expenses net of fee waivers, if any  | .45% H<br>| .45%  | .45%  | .49%  | .49% I | .49%  |
| Expenses net of all reductions, if any  | .45% H | .45%  | .45%  | .49%  | .49% I | .49%  |
| Net investment income (loss)  | .07% H | 1.62%  | 1.72%  | 2.34%  | 2.49%  | 1.33%  |
| **Supplemental Data** |  |  |  |  |  |  |
| Net assets, end of period (000 omitted) | $1259712 | $875713 | $458119 | $221052 | $106193 | $43461 |
| Portfolio turnover rate J | 8% H,K<br>| 16% K | 12% K | 17% K | 23%  | 13%  |

---

A*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

B*Calculated based on average shares outstanding during the period.*

C*Amount represents less than $.005 per share.*

D*Total returns for periods of less than one year are not annualized.*

E*Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2070 Fund**

**Schedule of Investments September 30, 2025 (Unaudited)**

Showing Percentage of Net Assets

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bond Funds - 5.4%** | &nbsp;&nbsp;**Bond Funds - 5.4%** | &nbsp;&nbsp;**Bond Funds - 5.4%** |
|  | Shares | Value ($)<br>|
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 3905 | 30613 |
| Fidelity Series Emerging Markets Debt Fund (a) | 88662 | 742991 |
| Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 20319 | 200545 |
| Fidelity Series Floating Rate High Income Fund (a) | 10058 | 88917 |
| Fidelity Series High Income Fund (a) | 81169 | 725650 |
| Fidelity Series International Developed Markets Bond Index Fund (a) | 114768 | 1000774 |
| Fidelity Series Long-Term Treasury Bond Index Fund (a) | 916868 | 5006103 |
| Fidelity Series Real Estate Income Fund (a) | 8717 | 88916 |
| <br> **TOTAL BOND FUNDS**<br> (Cost $7,724,502) |  | **7884509** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** | &nbsp;&nbsp;**Domestic Equity Funds - 54.4%** |
|  | Shares | Value ($)<br>|
| Fidelity Series All-Sector Equity Fund (a) | 208114 | 2996835 |
| Fidelity Series Blue Chip Growth Fund (a) | 367812 | 8261049 |
| Fidelity Series Commodity Strategy Fund (a) | 2510 | 233313 |
| Fidelity Series Growth Company Fund (a) | 516423 | 14805846 |
| Fidelity Series Intrinsic Opportunities Fund (a) | 179801 | 1947245 |
| Fidelity Series Large Cap Stock Fund (a) | 549465 | 14560819 |
| Fidelity Series Large Cap Value Index Fund (a) | 240564 | 4371052 |
| Fidelity Series Opportunistic Insights Fund (a) | 305792 | 8806813 |
| Fidelity Series Small Cap Core Fund (a) | 32925 | 432965 |
| Fidelity Series Small Cap Discovery Fund (a) | 107358 | 1252865 |
| Fidelity Series Small Cap Opportunities Fund (a) | 178548 | 2815699 |
| Fidelity Series Stock Selector Large Cap Value Fund (a) | 653523 | 9737490 |
| Fidelity Series Value Discovery Fund (a) | 524364 | 8856501 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $72,130,498) |  | **79078492** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 39.8%** | &nbsp;&nbsp;**International Equity Funds - 39.8%** | &nbsp;&nbsp;**International Equity Funds - 39.8%** |
|  | Shares | Value ($)<br>|
| Fidelity Series Canada Fund (a) | 262598 | 5034012 |
| Fidelity Series Emerging Markets Fund (a) | 318008 | 3669807 |
| Fidelity Series Emerging Markets Opportunities Fund (a) | 614927 | 14684468 |
| Fidelity Series International Growth Fund (a) | 526373 | 10869611 |
| Fidelity Series International Small Cap Fund (a) | 85408 | 1734641 |
| Fidelity Series International Value Fund (a) | 662421 | 10857084 |
| Fidelity Series Overseas Fund (a) | 671204 | 10893640 |
| Fidelity Series Select International Small Cap Fund (a) | 8131 | 113108 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $50,841,587) |  | **57856371** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.6%**<br> (Cost $130,696,587)<br>| <br>**144819372** |
| **NET OTHER ASSETS (LIABILITIES) - 0.4%**  | **576189** |
| **NET ASSETS - 100.0%** | **145395561** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| ICE MSCI EAFE Index Contracts (United States) | 10 | 12/19/2025 | 1392650 | (115) | (115) |
| ICE MSCI Emerging Markets Index Contracts (United States) | 2 | 12/19/2025 | 135970 | 15 | 15 |
| **TOTAL EQUITY CONTRACTS** |  |  |  |  | (100) |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10Y US Treasury Notes Contracts (United States) | 10 | 12/19/2025 | 1124844 | (952) | (952) |
| CBOT 10Y US Treasury Ultra Notes Contracts (United States) | 15 | 12/19/2025 | 1726406 | (1970) | (1970) |
| CBOT US Treasury Long Bond Contracts (United States) | 26 | 12/19/2025 | 3031438 | (5728) | (5728) |
| **TOTAL INTEREST RATE CONTRACTS** |  |  |  |  | (8650) |
| TOTAL PURCHASED |  |  |  |  | (8750) |
| Sold |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME E-Mini S&P 500 Index Contracts (United States) | 8 | 12/19/2025 | 2695500 | 162 | 162 |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **(8588)** |
| The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% | The notional amount of futures purchased as a percentage of Net Assets is 5.2% |
| The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% | The notional amount of futures sold as a percentage of Net Assets is 1.9% |

---

**Legend**

(a) Affiliated fund.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 5006 | 25837 | 504 | 100 | (1) | 275 | 30613 | 3905 |
| Fidelity Series All-Sector Equity Fund | 939967 | 1760972 | 99082 | - | (441) | 395419 | 2996835 | 208114 |
| Fidelity Series Blue Chip Growth Fund | 2621943 | 4830445 | 445764 | 192496 | (651) | 1255076 | 8261049 | 367812 |
| Fidelity Series Canada Fund | 1510377 | 3250347 | 178515 | - | 2193 | 449610 | 5034012 | 262598 |
| Fidelity Series Commodity Strategy Fund | - | 233315 | - | - | - | (2) | 233313 | 2510 |
| Fidelity Series Emerging Markets Debt Fund | - | 742996 | - | 2 | - | (5) | 742991 | 88662 |
| Fidelity Series Emerging Markets Debt Local Currency Fund | - | 200543 | - | - | - | 2 | 200545 | 20319 |
| Fidelity Series Emerging Markets Fund | 1278629 | 2087619 | 289711 | - | 516 | 592754 | 3669807 | 318008 |
| Fidelity Series Emerging Markets Opportunities Fund | 5117536 | 8453540 | 1121258 | - | (1489) | 2236139 | 14684468 | 614927 |
| Fidelity Series Floating Rate High Income Fund | - | 88917 | - | - | - | - | 88917 | 10058 |
| Fidelity Series Government Money Market Fund | - | 2804037 | 2804037 | 31033 | - | - | - | - |
| Fidelity Series Growth Company Fund | 4728357 | 8047519 | 841808 | - | (2433) | 2874211 | 14805846 | 516423 |
| Fidelity Series High Income Fund | - | 725646 | - | 2 | - | 4 | 725650 | 81169 |
| Fidelity Series International Developed Markets Bond Index Fund | - | 1029368 | 28980 | - | 366 | 20 | 1000774 | 114768 |
| Fidelity Series International Growth Fund | 3997046 | 6888990 | 1090619 | - | 10434 | 1063760 | 10869611 | 526373 |
| Fidelity Series International Small Cap Fund | 657520 | 950587 | 65088 | - | 5012 | 186610 | 1734641 | 85408 |
| Fidelity Series International Value Fund | 3971874 | 6812465 | 1358430 | - | 19064 | 1412111 | 10857084 | 662421 |
| Fidelity Series Intrinsic Opportunities Fund | 673718 | 1290255 | 58781 | 124899 | 2113 | 39940 | 1947245 | 179801 |
| Fidelity Series Investment Grade Bond Fund | 19937 | 120258 | 141210 | 487 | 1003 | 12 | - | - |
| Fidelity Series Large Cap Stock Fund | 4660352 | 9104104 | 577935 | 574414 | 6076 | 1368222 | 14560819 | 549465 |
| Fidelity Series Large Cap Value Index Fund | 1410001 | 2796867 | 122498 | - | 1554 | 285128 | 4371052 | 240564 |
| Fidelity Series Long-Term Treasury Bond Index Fund | 3426573 | 5930773 | 4444748 | 113685 | 12143 | 81362 | 5006103 | 916868 |
| Fidelity Series Opportunistic Insights Fund | 2835428 | 5217761 | 391455 | - | 5184 | 1139895 | 8806813 | 305792 |
| Fidelity Series Overseas Fund | 3979827 | 6974157 | 854257 | - | 8632 | 785281 | 10893640 | 671204 |
| Fidelity Series Real Estate Income Fund | - | 88916 | - | - | - | - | 88916 | 8717 |
| Fidelity Series Select International Small Cap Fund | 8733 | 172304 | 83395 | - | 3959 | 11507 | 113108 | 8131 |
| Fidelity Series Small Cap Core Fund | 163916 | 243450 | 32434 | - | (5257) | 63290 | 432965 | 32925 |
| Fidelity Series Small Cap Discovery Fund | 429666 | 755751 | 41729 | 12623 | (32) | 109209 | 1252865 | 107358 |
| Fidelity Series Small Cap Opportunities Fund | 943496 | 1673365 | 98624 | 39629 | (1792) | 299254 | 2815699 | 178548 |
| Fidelity Series Stock Selector Large Cap Value Fund | 3151681 | 6225081 | 273130 | - | (7200) | 641058 | 9737490 | 653523 |
| Fidelity Series Value Discovery Fund | 2882958 | 5794979 | 298844 | - | 607 | 476801 | 8856501 | 524364 |
|  | 49414541 | 95321164 | 15742836 | 1089370 | 59560 | 15766943 | 144819372 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line item in the Statement of Operations, if applicable.

Amounts included in the purchases and sales proceeds columns may include in-kind transactions, if applicable.

**Investment Valuation**

The following is a summary of the inputs used, as of September 30, 2025, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** | **Valuation Inputs at Reporting Date:** |
| **Description** | **Total ($)** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** |
|  **<u>Investments in Securities:</u>** |  |  |  |  |
|  **Bond Funds** | 7884509 | 7884509 | - | - |
|  **Domestic Equity Funds** | 79078492 | 79078492 | - | - |
|  **International Equity Funds** | 57856371 | 57856371 | - | - |
| **Total Investments in Securities:** | 144819372 | 144819372 | - | - |
|  **<u>Derivative Instruments:</u>** |  |  |  |  |
|  **Assets** |  |  |  |  |
| Futures Contracts | 177 | 177 | - | - |
| Total Assets | 177 | 177 | - | - |
|  **Liabilities** |  |  |  |  |
| Futures Contracts | (8765) | (8765) | - | - |
| Total Liabilities | (8765) | (8765) | - | - |
| **Total Derivative Instruments:** | (8588) | (8588) | - | - |

---

**Value of Derivative Instruments**

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of September 30, 2025. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** <br>| **Value** | **Value** |
|  | **Asset ($)** | **Liability ($)** |
| **Equity Risk** |  |  |
| Futures Contracts (a)  | 177 | (115) |
| **Total Equity Risk**  | 177 | (115) |
| **Interest Rate Risk** |  |  |
| Futures Contracts (a)  | - | (8650) |
| **Total Interest Rate Risk**  | - | (8650) |
| **Total Value of Derivatives** | 177 | (8765) |

---

(a)Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).

**Fidelity Freedom® 2070 Fund**

**Financial Statements (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** | **Statement of Assets and Liabilities** |
| <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** | <br> **As of September 30, 2025 (Unaudited)** |
| **Assets**  |  |  |
| Investment in securities, at value - See accompanying schedule: |  |  |
| Affiliated issuers (cost $130,696,587) | $144819372 |  |
| Total Investment in Securities (cost $130,696,587) |  | $144819372 |
| Receivable for investments sold |  | 7682189 |
| Receivable for fund shares sold |  | 693779 |
| **Total assets** |  | 153195340 |
| **Liabilities** |  |  |
| Payable for investments purchased  | $7632377 |  |
| Payable for fund shares redeemed | 95644 |  |
| Accrued management fee | 63171 |  |
| Payable for daily variation margin on futures contracts | 8587 |  |
| **Total liabilities** |  | 7799779 |
| **Net Assets**  |  | $145395561 |
| Net Assets consist of: |  |  |
| Paid in capital |  | $130493819 |
| Total accumulated earnings (loss) |  | 14901742 |
| **Net Assets** |  | $145395561 |
| **Net Asset Value and Maximum Offering Price** |  |  |
| **Fidelity Freedom 2070 Fund :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($25,126,712 ÷ 2,076,253 shares) |  | $12.10 |
| **Class K :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($52,558,113 ÷ 4,341,569 shares) |  | $12.11 |
| **Class K6 :** |  |  |
| **Net Asset Value**, offering price and redemption price per share ($67,710,736 ÷ 5,582,703 shares) |  | $12.13 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Operations** | **Statement of Operations** | **Statement of Operations** |
| **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** | **Six months ended September 30, 2025 (Unaudited)** |
| **Investment Income** |  |  |
| Dividends: |  |  |
| Affiliated issuers |  | $269397 |
| **Expenses** |  |  |
| Management fee | $263895 |  |
| Independent trustees' fees and expenses | 87 |  |
| **Total expenses** |  | 263982 |
| **Net Investment income (loss)** |  | 5415 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) on: |  |  |
| Investment Securities: |  |  |
| Redemptions in-kind | 154852 |  |
| Affiliated issuers | (95292) |  |
| Capital gain distributions from underlying funds: |  |  |
| Affiliated issuers | 819973 |  |
| Total net realized gain (loss) |  | 879533 |
| Change in net unrealized appreciation (depreciation) on: |  |  |
| Investment Securities: |  |  |
| Affiliated issuers  | 15766943 |  |
| Futures contracts | (8588) |  |
| Total change in net unrealized appreciation (depreciation) |  | 15758355 |
| **Net gain (loss)** |  | 16637888 |
| **Net increase (decrease) in net assets resulting from operations** |  | $16643303 |

---

---

| | | |
|:---|:---|:---|
| **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** | **Statement of Changes in Net Assets** |
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)** | **For the period June 28, 2024 (commencement of operations) through March 31, 2025**  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations |  |  |
| &nbsp;&nbsp;Net investment income (loss) | $5415 | $126221 |
| &nbsp;&nbsp;Net realized gain (loss) | 879533<br>| 313931<br>|
| &nbsp;&nbsp;Change in net unrealized appreciation (depreciation) | 15758355 | (1644158)<br>|
| &nbsp;&nbsp;**Net increase (decrease) in net assets resulting from operations** | 16643303<br>| (1204006)<br>|
| Distributions to shareholders | (337750)<br>| (170346)<br>|
| Share transactions - net increase (decrease) | 79697998<br>| 50766362<br>|
| &nbsp;&nbsp;**Total increase (decrease) in net assets** | 96003551<br>| 49392010<br>|
| **Net Assets** |  |  |
| &nbsp;&nbsp;Beginning of period | 49392010 | -<br>|
| &nbsp;&nbsp;End of period | $145395561 | $49392010 |

---

**Financial Highlights** 

**Fidelity Freedom® 2070 Fund** <br>

---

| | | |
|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025** A |
| **Selected Per-Share Data**  |  |  |
| Net asset value, beginning of period  | $10.22 | $10.00 |
| Income from Investment Operations  |  |  |
| Net investment income (loss) B,C | (.01)  | .08  |
| Net realized and unrealized gain (loss)  | 1.94  | .26 D |
| Total from investment operations  | 1.93  | .34  |
| Distributions from net investment income  | -  | (.10)  |
| Distributions from net realized gain  | (.05)  | (.02)  |
| Total distributions  | (.05)  | (.12)  |
| Net asset value, end of period  | $12.10 | $10.22 |
| **Total Return** E | 18.95% <br>| 3.35%  |
| **Ratios to Average Net Assets** B,F,G |  |  |
| Expenses before reductions  | .70% H | .76% H,I |
| Expenses net of fee waivers, if any  | .70% H<br>| .76% H,I |
| Expenses net of all reductions, if any  | .70% H | .76% H,I |
| Net investment income (loss)  | (.12)% H | 1.06% H |
| **Supplemental Data** |  |  |
| Net assets, end of period (000 omitted) | $25127 | $11485 |
| Portfolio turnover rate J,K | 31% H<br>| 23% H |

---

A*For the period June 28, 2024 (commencement of operations) through March 31, 2025.*

B*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

C*Calculated based on average shares outstanding during the period.*

D*The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund.*

E*Total returns for periods of less than one year are not annualized.*

F*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

G*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

H*Annualized.*

I*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

J*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

K*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2070 Fund Class K**<br>

---

| | | |
|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025** A |
| **Selected Per-Share Data**  |  |  |
| Net asset value, beginning of period  | $10.23 | $10.00 |
| Income from Investment Operations  |  |  |
| Net investment income (loss) B,C | - D | .09  |
| Net realized and unrealized gain (loss)  | 1.93  | .26 E |
| Total from investment operations  | 1.93  | .35  |
| Distributions from net investment income  | -  | (.11)  |
| Distributions from net realized gain  | (.05)  | (.02)  |
| Total distributions  | (.05)  | (.12) F |
| Net asset value, end of period  | $12.11 | $10.23 |
| **Total Return** G | 18.94% <br>| 3.53%  |
| **Ratios to Average Net Assets** C,H,I |  |  |
| Expenses before reductions  | .64% J | .67% J,K |
| Expenses net of fee waivers, if any  | .64% J<br>| .67% J,K |
| Expenses net of all reductions, if any  | .64% J | .67% J,K |
| Net investment income (loss)  | (.07)% J | 1.15% J |
| **Supplemental Data** |  |  |
| Net assets, end of period (000 omitted) | $52558 | $17389 |
| Portfolio turnover rate L,M | 31% J<br>| 23% J |

---

A*For the period June 28, 2024 (commencement of operations) through March 31, 2025.*

B*Calculated based on average shares outstanding during the period.*

C*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

D*Amount represents less than $.005 per share.*

E*The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund.*

F*Total distributions per share do not sum due to rounding.*

G*Total returns for periods of less than one year are not annualized.*

H*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

I*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

J*Annualized.*

K*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

L*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

M*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Fidelity Freedom® 2070 Fund Class K6**<br>

---

| | | |
|:---|:---|:---|
|  | **Six months ended**<br> **September 30, 2025**<br> **(Unaudited)**  | **Years ended March 31, 2025** A |
| **Selected Per-Share Data**  |  |  |
| Net asset value, beginning of period  | $10.24 | $10.00 |
| Income from Investment Operations  |  |  |
| Net investment income (loss) B,C | .01  | .11  |
| Net realized and unrealized gain (loss)  | 1.94  | .25 D |
| Total from investment operations  | 1.95  | .36  |
| Distributions from net investment income  | -  | (.11)  |
| Distributions from net realized gain  | (.06)  | (.02)  |
| Total distributions  | (.06)  | (.12) E |
| Net asset value, end of period  | $12.13 | $10.24 |
| **Total Return** F | 19.09% <br>| 3.64%  |
| **Ratios to Average Net Assets** C,G,H |  |  |
| Expenses before reductions  | .45% I | .46% I,J |
| Expenses net of fee waivers, if any  | .45% I<br>| .46% I,J |
| Expenses net of all reductions, if any  | .45% I | .46% I,J |
| Net investment income (loss)  | .12% I | 1.35% I |
| **Supplemental Data** |  |  |
| Net assets, end of period (000 omitted) | $67711 | $20518 |
| Portfolio turnover rate K,L | 31% I<br>| 23% I |

---

A*For the period June 28, 2024 (commencement of operations) through March 31, 2025.*

B*Calculated based on average shares outstanding during the period.*

C*Net investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.*

D*The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund.*

E*Total distributions per share do not sum due to rounding.*

F*Total returns for periods of less than one year are not annualized.*

G*Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.*

H*Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.*

I*Annualized.*

J*On certain classes, the size and fluctuation of net assets and expense amounts may cause ratios to differ from contractual rates.*

K*Amount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs), derivatives or securities that mature within one year from acquisition.*

L*Portfolio turnover rate excludes securities received or delivered in-kind.*

**Notes to Financial Statements** **(Unaudited)**

For the period ended September 30, 2025

**1. Organization.**

Fidelity Freedom Retirement Fund (formerly Fidelity Freedom Income Fund), Fidelity Freedom 2010 Fund, Fidelity Freedom 2015 Fund, Fidelity Freedom 2020 Fund, Fidelity Freedom 2025 Fund, Fidelity Freedom 2030 Fund, Fidelity Freedom 2035 Fund, Fidelity Freedom 2040 Fund, Fidelity Freedom 2045 Fund, Fidelity Freedom 2050 Fund, Fidelity Freedom 2055 Fund, Fidelity Freedom 2060 Fund, Fidelity Freedom 2065 Fund and Fidelity Freedom 2070 Fund (the Funds) are funds of Fidelity Aberdeen Street Trust (the Trust). The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Delaware statutory trust. Each Fund is authorized to issue an unlimited number of shares. Each Fund offers Fidelity Freedom, Class K and Class K6 shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class.

Each Fund is a fund of funds, and therefore invests in other funds instead of individual securities. Each Fund invests primarily in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds.

**2. Investments in Fidelity Central Funds.**

Funds may invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Schedule of Investments lists any Fidelity Central Funds held as an investment as of period end, but does not include the underlying holdings of each Fidelity Central Fund. An investing fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.

Based on its investment objective, each Fidelity Central Fund may invest or participate in various investment vehicles or strategies that are similar to those of the investing fund. These strategies are consistent with the investment objectives of the investing fund and may involve certain economic risks which may cause a decline in value of each of the Fidelity Central Funds and thus a decline in the value of the investing fund.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fidelity Central Fund** | **Investment Manager** | **Investment Objective** | **Investment Practices** | **Expense RatioA** |
| Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |

---

*A Expenses expressed as a percentage of average net assets and are as of each underlying Central Fund's most recent annual or semi-annual shareholder report.* 

A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds which contain the significant accounting policies (including investment valuation policies) of those funds, and are not covered by the Report of Independent Registered Public Accounting Firm, are available on the Securities and Exchange Commission website or upon request.

**3. Significant Accounting Policies.**

Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 *Financial Services - Investment Companies*. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Each Fund operates as a single operating segment. Each Fund's income, expenses, assets, and performance are regularly monitored and assessed as a whole by the investment adviser and other individuals responsible for oversight functions of the Trust, using the information presented in the financial statements and financial highlights. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. Each Fund's Schedule of Investments lists any underlying mutual funds or exchange-traded funds but does not include the underlying holdings of these funds. The following summarizes the significant accounting policies of each Fund:

**Investment Valuation.** Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has designated each Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, each Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages each Fund's fair valuation practices and maintains the fair valuation policies and procedures. Each Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters. Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value each Fund's investments by major category are as follows:

Investments in open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of September 30, 2025 is included at the end of each Fund's Schedule of Investments.

**Investment Transactions and Income.** For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Income and capital gain distributions from any underlying mutual funds or exchange-traded funds are recorded on the ex-dividend date. Distributions from any underlying mutual funds or exchange-traded funds that are deemed to be return of capital are recorded as a reduction of cost of investments. Interest income is accrued as earned. Interest income includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.

**Class Allocations and Expenses.** Investment income, realized and unrealized capital gains and losses, common expenses of a fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of a fund. Each class differs with respect to transfer agent and distribution and service plan fees incurred, as applicable. Certain expense reductions may also differ by class, if applicable. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expenses included in the accompanying financial statements reflect the expenses of that fund and do not include any expenses associated with any underlying mutual funds or exchange-traded funds. Although not included in a fund's expenses, a fund indirectly bears its proportionate share of these expenses through the net asset value of each underlying mutual fund or exchange-traded fund. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

**Deferred Trustee Compensation.** Under a Deferred Compensation Plan (the Plan) for certain Funds, certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in affiliated mutual funds, are marked-to-market and remain in a fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees presented below are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, as applicable.

---

| | |
|:---|:---|
| **Fidelity Freedom 2025 Fund** | 422,430 |
| **Fidelity Freedom 2030 Fund** | 507,349 |
| **Fidelity Freedom 2035 Fund** | 297,265 |
| **Fidelity Freedom 2040 Fund** | 265,274 |
| **Fidelity Freedom 2045 Fund** | 218,778 |

---

**Income Tax Information and Distributions to Shareholders.** Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.

Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.

Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.

Book-tax differences are primarily due to the short-term gain distributions from the underlying mutual funds or exchange-traded funds (ETFs), future contracts, redemptions in-kind, capital loss carryforwards and losses deferred due to wash sales and excise tax regulations.

As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Tax cost ($)**  | **Gross unrealized appreciation ($)** | **Gross unrealized depreciation ($)** | **Net unrealized appreciation (depreciation)($)** |
| **Fidelity Freedom Retirement Fund** | 2238796627 | 249899335 | (85903934) | 163995401 |
| **Fidelity Freedom 2010 Fund** | 2886337751 | 439388095 | (173272436) | 266115659 |
| **Fidelity Freedom 2015 Fund** | 3822744962 | 807428063 | (235533381) | 571894682 |
| **Fidelity Freedom 2020 Fund** | 10848285857 | 2937678445 | (798549738) | 2139128707 |
| **Fidelity Freedom 2025 Fund** | 16387471412 | 5174074227 | (1258502710) | 3915571517 |
| **Fidelity Freedom 2030 Fund** | 26073525543 | 8992908923 | (1584437846) | 7408471077 |
| **Fidelity Freedom 2035 Fund** | 23111796792 | 8855711382 | (934135951) | 7921575431 |
| **Fidelity Freedom 2040 Fund** | 22247017959 | 10608448060 | (554584018) | 10053864042 |
| **Fidelity Freedom 2045 Fund** | 16792623849 | 7714295277 | (259877060) | 7454418217 |
| **Fidelity Freedom 2050 Fund** | 15343383259 | 6797596313 | (218453449) | 6579142864 |
| **Fidelity Freedom 2055 Fund** | 10451731892 | 3718402327 | (147004761) | 3571397566 |
| **Fidelity Freedom 2060 Fund** | 5973091978 | 1735260060 | (76069945) | 1659190115 |
| **Fidelity Freedom 2065 Fund** | 2083170533 | 475181164 | (19207571) | 455973593 |
| **Fidelity Freedom 2070 Fund** | 130904212 | 13998500 | (91928) | 13906572 |

---

Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.

---

| | | | |
|:---|:---|:---|:---|
|  | **Short-term ($)** | **Long-term ($)** | **Total capital loss carryforward ($)** |
| **Fidelity Freedom Retirement Fund** | (23177426) | (42907537) | (66084963) |

---

Certain of the Funds elected to defer to the next fiscal year ordinary losses recognized during the period January 1, 2025 to March 31, 2025. Loss deferrals were as follows:

---

| | |
|:---|:---|
|  | <br> **Ordinary losses ($)** |
| **Fidelity Freedom 2045 Fund** | (667097) |
| **Fidelity Freedom 2050 Fund** | (488545) |

---

**New Accounting Pronouncement.** In December 2023, the FASB issued ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures. Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU allows for early adoption and amendments should be applied on a prospective basis. Management is currently evaluating the impact of the ASU but does not expect this guidance to materially impact the financial statements.

**4. Derivative Instruments.**

**Risk Exposures and the Use of Derivative Instruments.** Each Fund's investment objectives allow for various types of derivative instruments, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

Derivatives were used to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the objectives may not be achieved.

Derivatives were used to increase or decrease exposure to the following risk(s):

---

| | |
|:---|:---|
| Equity Risk  | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.<br>|
| Interest Rate Risk  | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |

---

Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that a fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to a fund. Counterparty credit risk related to exchange-traded contracts may be mitigated by the protection provided by the exchange on which they trade.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

**Net Realized Gain (Loss) and Change in Net Unrealized Appreciation (Depreciation) on Derivatives.** The table below, which reflects the impacts of derivatives on the financial performance, summarizes the net realized gain (loss) and change in net unrealized appreciation (depreciation) for derivatives during the period as presented in the Statement of Operations.

---

| | | |
|:---|:---|:---|
| **Primary Risk Exposure / Derivative Type** | **Net Realized Gain (Loss)($)** | **Change in Net Unrealized Appreciation (Depreciation)($)** |
| **Fidelity Freedom Retirement Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(5008482)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>916368</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(5008482)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>916368</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>2492563</u> | <u>(1297094)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>2492563</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(1297094)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(2515919)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(380726)</u> |
| **Fidelity Freedom 2010 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(7309819)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1235875</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(7309819)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1235875</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>3300213</u> | <u>(1729422)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>3300213</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(1729422)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(4009606)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(493547)</u> |
| **Fidelity Freedom 2015 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(10313647)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1656175</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(10313647)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1656175</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>4565895</u> | <u>(2398296)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>4565895</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(2398296)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(5747752)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(742121)</u> |
| **Fidelity Freedom 2020 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(29326440)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>4312240</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(29326440)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>4312240</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>13340031</u> | (6951919) |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>13340031</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(6951919)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(15986409)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(2639679)</u> |
| **Fidelity Freedom 2025 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | <u>(44296699)</u> | <u>6470088</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(44296699)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>6470088</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>20389761</u> | <u>(10451469)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>20389761</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(10451469)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(23906938)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(3981381)</u> |
| **Fidelity Freedom 2030 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(70544734)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>10251663</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(70544734)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>10251663</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>32386579</u> | <u>(15944629)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>32386579</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(15944629)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(38158155)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(5692966)</u> |
| **Fidelity Freedom 2035 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(64241030)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>7360220</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(64241030)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>7360220</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>2915222</u>2 | <u>(13908152)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>29152222</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(13908152)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(35088808)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(6547932)</u> |
| **Fidelity Freedom 2040 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | <u>(63149469)</u> | <u>5406191</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(63149469)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>5406191</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>29743238</u> | <u>(13838496)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>29743238</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(13838496)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(33406231)</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(8432305)</u> |
| **Fidelity Freedom 2045 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | <u>(37403459)</u> | <u>5504158</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(37403459)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>5504158</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>12280545</u> | <u>(3761618)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>12280545</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(3761618)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(25122914)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1742540</u> |
| **Fidelity Freedom 2050 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(33666586)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>4871942</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(33666586)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>4871942</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>11072981</u> | <u>(3366112)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>11072981</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(3366112)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(22593605)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1505830</u> |
| **Fidelity Freedom 2055 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(21214184)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>2989698</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(21214184)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>2989698</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>6941276</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(1982655)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>6941276</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>(1982655)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(14272908)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1007043</u> |
| **Fidelity Freedom 2060 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(11230270)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1510850</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(11230270)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1510850</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>3677117</u> | <u>(918240)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>3677117</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(918240)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp; <u>(7553153)</u> | <u>592610</u> |
| **Fidelity Freedom 2065 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; <u>(3496687)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>424977</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp; <u>(3496687)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>424977</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | <u>1122809</u> | <u>(178647)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>1122809</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(178647)</u> |
| Totals | <u>(2373878)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>246330</u> |
| **Fidelity Freedom 2070 Fund** |  |  |
| **Equity Risk** |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>-</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>62</u> |
| **Total Equity Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>-</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>62</u> |
| **Interest Rate Risk** |  |  |
| Futures Contracts | - | <u>(8650)</u> |
| **Total Interest Rate Risk** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>-</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>(8650)</u> |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>-</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>(8588)</u> |

---

If there are any open positions at period end, a summary of the value of derivatives by primary risk exposure is included at the end of the Schedule of Investments.

**Futures Contracts.** A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. Futures contracts were used to manage exposure to the stock market, bond market and fluctuations in interest rates.

Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.

Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end, and is representative of volume of activity during the period.

Any securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Any cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.

**5. Purchases and Sales of Investments.**

Purchases and sales of securities, other than short-term securities, U.S. government securities, securities acquired in the reorganization and in-kind transactions, as applicable, are noted in the table below.

---

| | | |
|:---|:---|:---|
|  | **Purchases ($)** | **Sales ($)** |
| **Fidelity Freedom Retirement Fund** | 158057064 | 209646675 |
| **Fidelity Freedom 2010 Fund** | 197198533 | 325854734 |
| **Fidelity Freedom 2015 Fund** | 256212159 | 484134636  |
| **Fidelity Freedom 2020 Fund** | 788956289 | 1491526831 |
| **Fidelity Freedom 2025 Fund** | 1174250966 | 2033955993 |
| **Fidelity Freedom 2030 Fund** | 2028725803 | 2201261588 |
| **Fidelity Freedom 2035 Fund** | 2231320217 | 1785373433 |
| **Fidelity Freedom 2040 Fund** | 2116124326 | 1656554831 |
| **Fidelity Freedom 2045 Fund** | 1629532600 | 988706297 |
| **Fidelity Freedom 2050 Fund** | 1546092548 | 893331943 |
| **Fidelity Freedom 2055 Fund** | 1234825396 | 571523702 |
| **Fidelity Freedom 2060 Fund** | 855937740 | 292935028 |
| **Fidelity Freedom 2065 Fund** | 420196260 | 84135913 |
| **Fidelity Freedom 2070 Fund** | 95321164 | 14825411 |

---

**Unaffiliated Redemptions In-Kind.** Unaffiliated shareholders redeemed shares in-kind for investments, including accrued interest and cash, if any, are shown in the table below. The total net realized gain or loss on investments delivered through in-kind redemptions is included in the "Net realized gain (loss) on: Redemptions in-kind" line in the accompanying Statement of Operations. The amount of the in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets. There was no gain or loss for federal income tax purposes.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Shares** | **Net realized gain or loss on Affiliated Issuers ($)** | **Total net realized gain or loss on Investments ($)** | **Total Proceeds ($)** |
| **Fidelity Freedom Retirement Fund** | 1217316 | 1308481 | 1308481 | 13255739 |
| **Fidelity Freedom 2010 Fund** | 990199 | 1564619 | 1564619 | 14105766 |
| **Fidelity Freedom 2015 Fund** | 1451166 | 2754828 | 2754828 | 16959645 |
| **Fidelity Freedom 2020 Fund** | 4988995 | 13655902 | 13655902 | 73306162 |
| **Fidelity Freedom 2025 Fund** | 11863210 | 37721071 | 37721071 | 165471105 |
| **Fidelity Freedom 2030 Fund** | 18952366 | 91981422 | 91981422 | 343834486 |
| **Fidelity Freedom 2035 Fund** | 20252416 | 98960979 | 98960979 | 327428744 |
| **Fidelity Freedom 2040 Fund** | 27895036 | 119886868 | 119886868 | 333565144 |
| **Fidelity Freedom 2045 Fund** | 19901139 | 106063082 | 106063082 | 278649853 |
| **Fidelity Freedom 2050 Fund** | 18330475 | 98591578 | 98591578 | 260932804 |
| **Fidelity Freedom 2055 Fund** | 12179493 | 65532632 | 65532632 | 201122267 |
| **Fidelity Freedom 2060 Fund** | 7986621 | 34774097 | 34774097 | 121016655 |
| **Fidelity Freedom 2065 Fund** | 2296090 | 8006069 | 8006069 | 31895784 |
| **Fidelity Freedom 2070 Fund** | 83030 | 154852 | 154852 | 924824 |

---

**Prior Fiscal Year Unaffiliated Redemptions In-Kind.** Unaffiliated shareholders redeemed shares in-kind for investments, including accrued interest and cash, if any, are shown in the table below; along with realized gain or loss on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets. There was no gain or loss for federal income tax purposes.

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Total net realized gain or loss on Investments ($)** | **Total Proceeds ($)** |
| **Fidelity Freedom Income Fund** | 8241726 | 7251615 | 88414409 |
| **Fidelity Freedom 2010 Fund** | 7159720 | 10455909 | 102213206 |
| **Fidelity Freedom 2015 Fund** | 9921244 | 17878429 | 116257930 |
| **Fidelity Freedom 2020 Fund** | 33863806 | 92534754 | 502153752 |
| **Fidelity Freedom 2025 Fund** | 74683844 | 248772731 | 1048428145 |
| **Fidelity Freedom 2030 Fund** | 96995926 | 471932954 | 1747801722 |
| **Fidelity Freedom 2035 Fund** | 98313666 | 491506413 | 1576928849 |
| **Fidelity Freedom 2040 Fund** | 145621117 | 624783532 | 1721250755 |
| **Fidelity Freedom 2045 Fund** | 92771453 | 489882541 | 1274264724 |
| **Fidelity Freedom 2050 Fund** | 91342400 | 479703385 | 1271142369 |
| **Fidelity Freedom 2055 Fund** | 52076530 | 272866421 | 837899580 |
| **Fidelity Freedom 2060 Fund** | 31064960 | 131300560 | 457605812 |
| **Fidelity Freedom 2065 Fund** | 10986163 | 37436437 | 147897617 |
| **Fidelity Freedom 2070 Fund** | 54439 | 29667 | 570565 |

---

**6. Fees and Other Transactions with Affiliates.**

**Management Fee and Expense Contract.** Fidelity Management & Research Company LLC (the investment adviser) and its affiliates provide the Funds with investment management related services. Under the management contract, each Class of each Fund pays a monthly management fee that is set at an annual rate by referring to each Fund's target date, indicated by its name, such that the management fee rate applicable to each Class of each Fund is reduced as the fund approaches, and then passes, its target date. In addition, under the management contract, the investment adviser pays all ordinary operating expenses of each Fund, except fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses. For each Fund, with the exception of Fidelity Freedom 2065 Fund and Fidelity Freedom 2070 Fund, the management fee is reduced by an amount equal to the fees and expenses paid by each Fund to the independent Trustees. Effective June 1, 2025, the total annual management fee rate for each Class of each Fund was as follows:

---

| | | |
|:---|:---|:---|
|  | **Annual % of Class-Level Average Net Assets (Fidelity Freedom Class)** | **Annual % of Class-Level Average Net Assets** <br> **(Classes K, K6)** |
| **Fidelity Freedom Retirement Fund** | .46% | .415% |
| **Fidelity Freedom 2010 Fund** | .46% | .415% |
| **Fidelity Freedom 2015 Fund** | .50% | .448% |
| **Fidelity Freedom 2020 Fund** | .55% | .482% |
| **Fidelity Freedom 2025 Fund** | .59% | .517% |
| **Fidelity Freedom 2030 Fund** | .61% | .552% |
| **Fidelity Freedom 2035 Fund** | .64% | .587% |
| **Fidelity Freedom 2040 Fund** | .66% | .622% |
| **Fidelity Freedom 2045 Fund** | .68% | .643% |
| **Fidelity Freedom 2050 Fund** | .68% | .643% |
| **Fidelity Freedom 2055 Fund** | .68% | .643% |
| **Fidelity Freedom 2060 Fund** | .68% | .643% |
| **Fidelity Freedom 2065 Fund** | .68% | .643% |
| **Fidelity Freedom 2070 Fund** | .68% | .643% |

---

Under the expense contract, the investment adviser pays class-level expenses for Class K6 of each Fund as necessary so that Class K6 total expenses do not exceed certain amounts of Class K6 average net assets on an annual basis with certain exceptions, as noted in the following table:

---

| | |
|:---|:---|
|  | **Annual % of Class-Level Average Net Assets (Class K6)** |
| **Fidelity Freedom Retirement Fund** | .24% |
| **Fidelity Freedom 2010 Fund** | .24% |
| **Fidelity Freedom 2015 Fund** | .26% |
| **Fidelity Freedom 2020 Fund** | .28% |
| **Fidelity Freedom 2025 Fund** | .32% |
| **Fidelity Freedom 2030 Fund** | .36% |
| **Fidelity Freedom 2035 Fund** | .39% |
| **Fidelity Freedom 2040 Fund** | .43% |
| **Fidelity Freedom 2045 Fund** | .45% |
| **Fidelity Freedom 2050 Fund** | .45% |
| **Fidelity Freedom 2055 Fund** | .45% |
| **Fidelity Freedom 2060 Fund** | .45% |
| **Fidelity Freedom 2065 Fund** | .45% |
| **Fidelity Freedom 2070 Fund** | .45% |

---

For the period April 1, 2025 through May 31, 2025, the reporting period, the total annual management fee rate for each Class of each Fund was as follows:

---

| | | |
|:---|:---|:---|
|  | **Annual % of Class-Level Average Net Assets (Fidelity Freedom Class)** | **Annual % of Class-Level Average Net Assets** <br> **(Classes K, K6)** |
| **Fidelity Freedom Retirement Fund** | .465% | .415% |
| **Fidelity Freedom 2010 Fund** | .465% | .415% |
| **Fidelity Freedom 2015 Fund** | .508% | .448% |
| **Fidelity Freedom 2020 Fund** | .550% | .482% |
| **Fidelity Freedom 2025 Fund** | .593% | .517% |
| **Fidelity Freedom 2030 Fund** | .635% | .552% |
| **Fidelity Freedom 2035 Fund** | .678% | .587% |
| **Fidelity Freedom 2040 Fund** | .720% | .622% |
| **Fidelity Freedom 2045 Fund** | .746% | .643% |
| **Fidelity Freedom 2050 Fund** | .746% | .643% |
| **Fidelity Freedom 2055 Fund** | .746% | .643% |
| **Fidelity Freedom 2060 Fund** | .746% | .643% |
| **Fidelity Freedom 2065 Fund** | .746% | .643% |
| **Fidelity Freedom 2070 Fund** | .746% | .643% |

---

For the period April 1, 2025 through May 31, 2025, under the expense contract, the investment adviser paid class-level expenses for Class K6 of each Fund as necessary so that Class K6 total expenses did not exceed certain amounts of Class K6 average net assets on an annual basis with certain exceptions, as noted in the following table:

---

| | |
|:---|:---|
|  | **Annual % of Class-Level Average Net Assets (Class K6)** |
| **Fidelity Freedom Retirement Fund** | .24% |
| **Fidelity Freedom 2010 Fund** | .24% |
| **Fidelity Freedom 2015 Fund** | .26% |
| **Fidelity Freedom 2020 Fund** | .28% |
| **Fidelity Freedom 2025 Fund** | .32% |
| **Fidelity Freedom 2030 Fund** | .36% |
| **Fidelity Freedom 2035 Fund** | .39% |
| **Fidelity Freedom 2040 Fund** | .43% |
| **Fidelity Freedom 2045 Fund** | .45% |
| **Fidelity Freedom 2050 Fund** | .45% |
| **Fidelity Freedom 2055 Fund** | .45% |
| **Fidelity Freedom 2060 Fund** | .45% |
| **Fidelity Freedom 2065 Fund** | .45% |
| **Fidelity Freedom 2070 Fund** | .45% |

---

**Interfund Trades.** Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board of Trustees. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Any interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note. During the period, there were no interfund trades.

**7. Expense Reductions.** 

Through arrangements with each applicable Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce each applicable Fund's or class' expenses. All of the applicable expense reductions are noted in the table below.

---

| | |
|:---|:---|
|  | **Custodian credits ($)**  |
| **Fidelity Freedom Retirement Fund** | 230 |
| **Fidelity Freedom 2010 Fund** | 28 |
| **Fidelity Freedom 2015 Fund** | 12 |
| **Fidelity Freedom 2020 Fund** | 66 |
| **Fidelity Freedom 2030 Fund** | 5 |
| **Fidelity Freedom 2040 Fund** | 3 |
| **Fidelity Freedom 2045 Fund** | 19 |
| **Fidelity Freedom 2050 Fund** | 19 |
| **Fidelity Freedom 2055 Fund** | 30 |
| **Fidelity Freedom 2060 Fund** | 24 |
| **Fidelity Freedom 2065 Fund** | 46 |

---

**8. Distributions to Shareholders.**

Distributions to shareholders of each class were as follows:

---

| | | |
|:---|:---|:---|
|  | **Six months ended** <br> **September 30, 2025** | **Year ended**<br> **March 31, 2025**  |
| **Fidelity Freedom Retirement Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom Retirement Fund | $15535148 | $41855116 |
| Class K | 7492595 | 20386722 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>6379856</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>13341577</u> |
| Total  | <u>$29407599</u> | <u>$75583415</u> |
| **Fidelity Freedom 2010 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2010 Fund | $24447955 | $61530104 |
| Class K | 7616938 | 21052614 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>5768417</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>13237994</u> |
| Total  | <u>$37833310</u> | <u>$95820712</u> |
| **Fidelity Freedom 2015 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2015 Fund | $45598257 | $101722570 |
| Class K | 19837697 | 47319637 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>16473526</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>32634433</u> |
| Total  | <u>$81909480</u> | <u>$181676640</u> |
| **Fidelity Freedom 2020 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2020 Fund | $139026549 | $302531853 |
| Class K | 86325404 | 205729112 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>68834306</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>133868354</u> |
| Total  | <u>$294186259</u> | <u>$642129319</u> |
| **Fidelity Freedom 2025 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2025 Fund | $136836882 | $260232794 |
| Class K | 154877935 | 305897375 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>137569827</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>235359642</u> |
| Total  | <u>$429284644</u> | <u>$801489811</u> |
| **Fidelity Freedom 2030 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2030 Fund | $209146993 | $299494582 |
| Class K | 239813292 | 366602976 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>223653551</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>303428983</u> |
| Total  | <u>$672613836</u> | <u>$969526541</u> |
| **Fidelity Freedom 2035 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2035 Fund | $163417183 | $212213931 |
| Class K | 233739576 | 320614560 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>223345924</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>282081587</u> |
| Total  | <u>$620502683</u> | <u>$814910078</u> |
| **Fidelity Freedom 2040 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2040 Fund | $217143285 | $225502283 |
| Class K | 263548316 | 295561983 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>255952415</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>262066807</u> |
| Total  | <u>$736644016</u> | <u>$783131073</u> |
| **Fidelity Freedom 2045 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2045 Fund | $105965310 | $88155202 |
| Class K | 201658609 | 189961680 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>197808150</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>178163954</u> |
| Total  | <u>$505432069</u> | <u>$456280836</u> |
| **Fidelity Freedom 2050 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2050 Fund | $89585694 | $71662687 |
| Class K | 175079657 | 163801996 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>176603064</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>152624631</u> |
| Total  | <u>$441268415</u> | <u>$388089314</u> |
| **Fidelity Freedom 2055 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2055 Fund | $40512025 | $31086041 |
| Class K | 117336797 | 107533220 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>117481482</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>101671095</u> |
| Total  | <u>$275330304</u> | <u>$240290356</u> |
| **Fidelity Freedom 2060 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2060 Fund | $16455887 | $15784165 |
| Class K | 59216879 | 61955324 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>63073652</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>57837365</u> |
| Total  | <u>$138746418</u> | <u>$135576854</u> |
| **Fidelity Freedom 2065 Fund** |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2065 Fund | $4608053 | $5367186 |
| Class K | 17098413 | 20462629 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp; <u>19257529</u> | &nbsp;&nbsp;&nbsp;&nbsp; <u>20293110</u> |
| Total  | <u>$40963995</u> | <u>$46122925</u> |
| **Fidelity Freedom 2070 Fund**A |  |  |
| **Distributions to shareholders** |  |  |
| Fidelity Freedom 2070 Fund | $60645 | $55238 |
| Class K | 111254 | 65144 |
| Class K6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>165851</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>49964</u> |
| Total  | <u>$337750</u> | <u>$170346</u> |

---

*A For the period June 28, 2024 (commencement of operations) through March 31, 2025.*

**9. Share Transactions.**

Share transactions for each class were as follows and may contain in-kind transactions, automatic conversions between classes or exchanges between affiliated funds:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Shares** | **Shares** | **Dollars** | **Dollars** |
|  | **Six months ended** <br> **September 30, 2025**  | **Year ended**<br> **March 31, 2025**  | **Six months ended** <br> **September 30, 2025**  | **Year ended**<br> **March 31, 2025**  |
| **Fidelity Freedom Retirement Fund** |  |  |  |  |
| **Fidelity Freedom Retirement Fund** |  |  |  |  |
| Shares sold | 3994029 | 6801343 | $43690806 | $72783113 |
| Issued in exchange for the shares of the Acquired Fund(s) | - | 31175160 | - | -<br>|
| Reinvestment of distributions | 1353285 | 3759113 | 14828972 | 40005091 |
| Shares redeemed | <u>(9620507)</u> | <u>(42606351)</u> | <u>(105563088)</u> | <u>(458071962)</u> |
| Net increase (decrease) | <u>(4273193)</u> | <u>(870735)</u> | <u>$(47043310)</u> | <u>$(14202693)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 4849842 | 16082306 | $52946992 | $172474912 |
| Issued in exchange for the shares of the Acquired Fund(s) | - | 16810481 | - | -<br>|
| Reinvestment of distributions | 685056 | 1918907 | 7492550 | 20386696 |
| Shares redeemed | <u>(9188430)</u> | <u>(31594776)</u> | <u>(100767692)</u> | <u>(337070671)</u> |
| Net increase (decrease) | <u>(3653532)</u> | <u>3216918</u> | <u>$(40328150)</u> | <u>$33981679</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 8488556 | 20246376 | $92921827 | $216196569 |
| Issued in exchange for the shares of the Acquired Fund(s) | - | 9022450 | - | -<br>|
| Reinvestment of distributions | 583965 | 1257211 | 6379855 | 13341577 |
| Shares redeemed | <u>(7325372)</u> | <u>(13014665)</u> | <u>(80268486)</u> | <u>(139137567)</u> |
| Net increase (decrease) | <u>1747149</u> | <u>17511372</u> | <u>$19033196</u> | <u>$185948627</u> |
| **Fidelity Freedom 2010 Fund** |  |  |  |  |
| **Fidelity Freedom 2010 Fund** |  |  |  |  |
| Shares sold | 1526875 | 3788652 | $22102292 | $53787748 |
| Reinvestment of distributions | 1664712 | 4261710 | 23555669 | 59324516 |
| Shares redeemed | <u>(10310251)</u> | <u>(38993815)</u> | <u>(149863302)</u> | <u>(555501838)</u> |
| Net increase (decrease) | <u>(7118664)</u> | <u>(30943453)</u> | <u>$(104205341)</u> | <u>$(442389574)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 2501853 | 10990468 | $35972089 | $156737354 |
| Reinvestment of distributions | 539058 | 1513402 | 7616893 | 21052565 |
| Shares redeemed | <u>(6890440)</u> | <u>(26076296)</u> | <u>(99950361)</u> | <u>(370973512)</u> |
| Net increase (decrease) | <u>(3849529)</u> | <u>(13572426)</u> | <u>$(56361379)</u> | <u>$(193183593)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 5827900 | 17254673 | $83726674 | $244564473 |
| Reinvestment of distributions | 410563 | 957326 | 5768417 | 13237994 |
| Shares redeemed | <u>(5263357)</u> | <u>(8649398)</u> | <u>(75360617)</u> | <u>(122194771)</u> |
| Net increase (decrease) | <u>975106</u> | <u>9562601</u> | <u>$14134474</u> | <u>$135607696</u> |
| **Fidelity Freedom 2015 Fund** |  |  |  |  |
| **Fidelity Freedom 2015 Fund** |  |  |  |  |
| Shares sold | 4445365 | 9994752 | $53025988 | $116619168 |
| Reinvestment of distributions | 3803727 | 8564453 | 43818929 | 97631948 |
| Shares redeemed | <u>(17405874)</u> | <u>(78381252)</u> | <u>(206946414)</u> | <u>(918793463)</u> |
| Net increase (decrease) | <u>(9156782)</u> | <u>(59822047)</u> | <u>$(110101497)</u> | <u>$(704542347)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 3632171 | 20512141 | $42905743 | $240865062 |
| Reinvestment of distributions | 1724949 | 4156928 | 19836916 | 47318602 |
| Shares redeemed | <u>(16753839)</u> | <u>(57413222)</u> | <u>(199583255)</u> | <u>(665245465)</u> |
| Net increase (decrease) | <u>(11396719)</u> | <u>(32744153)</u> | <u>$(136840596)</u> | <u>$(377061801)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 12321149 | 33678264 | $146107044 | $392255704 |
| Reinvestment of distributions | 1441253 | 2880248 | 16473526 | 32634433 |
| Shares redeemed | <u>(11187857)</u> | <u>(20633910)</u> | <u>(131956346)</u> | <u>(239873517)</u> |
| Net increase (decrease) | <u>2574545</u> | <u>15924602</u> | <u>$30624224</u> | <u>$185016620</u> |
| **Fidelity Freedom 2020 Fund** |  |  |  |  |
| **Fidelity Freedom 2020 Fund** |  |  |  |  |
| Shares sold | 14380019 | 30374321 | $216133269 | $447944854 |
| Reinvestment of distributions | 9085812 | 19888738 | 131108278 | 285646381 |
| Shares redeemed | <u>(39113296)</u> | <u>(190454062)</u> | <u>(586531665)</u> | <u>(2821956578)</u> |
| Net increase (decrease) | <u>(15647465)</u> | <u>(140191003)</u> | <u>$(239290118)</u> | <u>$(2088365343)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 8686099 | 57094343 | $129565356 | $847546003 |
| Reinvestment of distributions | 5990636 | 14337362 | 86325061 | 205728740 |
| Shares redeemed | <u>(49186406)</u> | <u>(157575296)</u> | <u>(738899106)</u> | <u>(2325009060)</u> |
| Net increase (decrease) | <u>(34509671)</u> | <u>(86143591)</u> | <u>$(523008689)</u> | <u>$(1271734317)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 34477379 | 88286454 | $517936228 | $1297650518 |
| Reinvestment of distributions | 4803511 | 9381000 | 68834306 | 133868354 |
| Shares redeemed | <u>(30332966)</u> | <u>(63967284)</u> | <u>(450878869)</u> | <u>(939365200)</u> |
| Net increase (decrease) | <u>8947924</u> | <u>33700170</u> | <u>$135891665</u> | <u>$492153672</u> |
| **Fidelity Freedom 2025 Fund** |  |  |  |  |
| **Fidelity Freedom 2025 Fund** |  |  |  |  |
| Shares sold | 37294238 | 75829122 | $536569113 | $1057887546 |
| Reinvestment of distributions | 9437261 | 18091629 | 129479231 | 246556992 |
| Shares redeemed | <u>(59359628)</u> | <u>(338455101)</u> | <u>(848668934)</u> | <u>(4751500425)</u> |
| Net increase (decrease) | <u>(12628129)</u> | <u>(244534350)</u> | <u>$(182620590)</u> | <u>$(3447055887)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 29800571 | 142428427 | $424038923 | $1995512746 |
| Reinvestment of distributions | 11320331 | 22495354 | 154862122 | 305878698 |
| Shares redeemed | <u>(106645095)</u> | <u>(282124151)</u> | <u>(1530812003)</u> | <u>(3929265747)</u> |
| Net increase (decrease) | <u>(65524193)</u> | <u>(117200370)</u> | <u>$(951910958)</u> | <u>$(1627874303)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 86836191 | 203009362 | $1246448849 | $2822562767 |
| Reinvestment of distributions | 10100575 | 17377002 | 137569827 | 235359642 |
| Shares redeemed | <u>(74184694)</u> | <u>(142340928)</u> | <u>(1052689298)</u> | <u>(1981305196)</u> |
| Net increase (decrease) | 22752072 | <u>78045436</u> | <u>$331329378</u> | <u>$1076617213</u> |
| **Fidelity Freedom 2030 Fund** |  |  |  |  |
| **Fidelity Freedom 2030 Fund** |  |  |  |  |
| Shares sold | 40776020 | 82160039 | $757865296 | $1467653325 |
| Reinvestment of distributions | 11342095 | 16372308 | 200414809 | 287105133 |
| Shares redeemed | <u>(54238151)</u> | <u>(343154157)</u> | <u>(1002114446)</u> | <u>(6174584839)</u> |
| Net increase (decrease) | <u>(2120036)</u> | <u>(244621810)</u> | <u>$(43834341)</u> | <u>$(4419826381)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 41942830 | 172796803 | $771706306 | $3101694885 |
| Reinvestment of distributions | 13602449 | 20926317 | 239811182 | 366600855 |
| Shares redeemed | <u>(107818653)</u> | <u>(305577944)</u> | <u>(2005816315)</u> | <u>(5478491371)</u> |
| Net increase (decrease) | <u>(52273374)</u> | <u>(111854824)</u> | <u>$(994298827)</u> | <u>$(2010195631)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 107060570 | 250509830 | $1989603156 | $4471166225 |
| Reinvestment of distributions | 12743792 | 17389305 | 223653551 | 303428983 |
| Shares redeemed | <u>(72921241)</u> | <u>(129334632)</u> | <u>(1336435718)</u> | <u>(2307666398)</u> |
| Net increase (decrease) | <u>46883121</u> | <u>138564503</u> | <u>$876820989</u> | <u>$2466928810</u> |
| **Fidelity Freedom 2035 Fund** |  |  |  |  |
| **Fidelity Freedom 2035 Fund** |  |  |  |  |
| Shares sold | 35221290 | 79314391 | $586652445 | $1261128147 |
| Reinvestment of distributions | 9890336 | 12960510 | 155871681 | 202646636 |
| Shares redeemed | <u>(39979732)</u> | <u>(302996698)</u> | <u>(661382956)</u> | <u>(4848838455)</u> |
| Net increase (decrease) | <u>5131894</u> | <u>(210721797)</u> | <u>$81141170</u> | <u>$(3385063672)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 45144598 | 181853816 | $745284177 | $2902477613 |
| Reinvestment of distributions | 14868746 | 20520681 | 233736692 | 320607798 |
| Shares redeemed | <u>(98071107)</u> | <u>(254964397)</u> | <u>(1638196885)</u> | <u>(4060683158)</u> |
| Net increase (decrease) | <u>(38057763)</u> | <u>(52589900)</u> | <u>$(659176016)</u> | <u>$(837597747)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 116889301 | 264020056 | $1950021862 | $4194732509 |
| Reinvestment of distributions | 14262191 | 18114308 | 223345924 | 282081587 |
| Shares redeemed | <u>(68716844)</u> | <u>(127975544)</u> | <u>(1122537781)</u> | <u>(2038635331)</u> |
| Net increase (decrease) | <u>62434648</u> | <u>154158820</u> | <u>$1050830005</u> | <u>$2438178765</u> |
| **Fidelity Freedom 2040 Fund** |  |  |  |  |
| **Fidelity Freedom 2040 Fund** |  |  |  |  |
| Shares sold | 47475758 | 97527141 | $584794789 | $1137644534 |
| Reinvestment of distributions | 18015995 | 18801201 | 208445062 | 216564342 |
| Shares redeemed | <u>(50628018)</u> | <u>(390390812)</u> | <u>(619132722)</u> | <u>(4588475079)</u> |
| Net increase (decrease) | <u>14863735</u> | <u>(274062470)</u> | <u>$174107129</u> | <u>$(3234266203)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 54555293 | 227166940 | $667426864 | $2669688209 |
| Reinvestment of distributions | 22778263 | 25637110 | 263544505 | 295560602 |
| Shares redeemed | <u>(120797426)</u> | <u>(365121086)</u> | <u>(1500178127)</u> | <u>(4301439508)</u> |
| Net increase (decrease) | <u>(43463870)</u> | <u>(112317036)</u> | <u>$(569206758)</u> | <u>$(1336190697)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 144607208 | 339826653 | $1791909940 | $3972577515 |
| Reinvestment of distributions | 22237395 | 22823314 | 255952415 | 262066807 |
| Shares redeemed | <u>(84390734)</u> | <u>(154884109)</u> | <u>(1019464027)</u> | <u>(1815587635)</u> |
| Net increase (decrease) | <u>82453869</u> | <u>207765858</u> | <u>$1028398328</u> | <u>$2419056687</u> |
| **Fidelity Freedom 2045 Fund** |  |  |  |  |
| **Fidelity Freedom 2045 Fund** |  |  |  |  |
| Shares sold | 25697369 | 61918720 | $373072282 | $838454372 |
| Reinvestment of distributions | 7404879 | 6201895 | 100188018 | 83426753 |
| Shares redeemed | <u>(20486551)</u> | <u>(254280189)</u> | <u>(294782033)</u> | <u>(3475961037)</u> |
| Net increase (decrease) | <u>12615697</u> | <u>(186159574)</u> | <u>$178478267</u> | <u>$(2554079912)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 42903680 | 168277819 | $614324317 | $2296684874 |
| Reinvestment of distributions | 14935474 | 14123830 | 201628901 | 189939145 |
| Shares redeemed | <u>(85153321)</u> | <u>(215634627)</u> | <u>(1239680037)</u> | <u>(2937792519)</u> |
| Net increase (decrease) | <u>(27314167)</u> | <u>(33232978)</u> | <u>$(423726819)</u> | <u>$(451168500)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 107514414 | 240859480 | $1563131826 | $3267997008 |
| Reinvestment of distributions | 14706926 | 13297481 | 197808150 | 178163954 |
| Shares redeemed | <u>(56806395)</u> | <u>(109564253)</u> | <u>(802477424)</u> | <u>(1493243099)</u> |
| Net increase (decrease) | <u>65414945</u> | <u>144592708</u> | <u>$958462552</u> | <u>$1952917863</u> |
| **Fidelity Freedom 2050 Fund** |  |  |  |  |
| **Fidelity Freedom 2050 Fund** |  |  |  |  |
| Shares sold | 20858986 | 54971745 | $305111102 | $753498351 |
| Reinvestment of distributions | 6132743 | 4939703 | 84202553 | 67416183 |
| Shares redeemed | <u>(17457933)</u> | <u>(215420681)</u> | <u>(253426883)</u> | <u>(2986021736)</u> |
| Net increase (decrease) | <u>9533796</u> | <u>(155509233)</u> | <u>$135886772</u> | <u>$(2165107202)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 38314656 | 152190221 | $555968005 | $2102420970 |
| Reinvestment of distributions | 12788870 | 12004662 | 175079629 | 163801990 |
| Shares redeemed | <u>(78257079)</u> | <u>(227680564)</u> | <u>(1158493013)</u> | <u>(3155536655)</u> |
| Net increase (decrease) | <u>(27153553)</u> | <u>(63485681)</u> | <u>$(427445379)</u> | <u>$(889313695)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 104542224 | 228505105 | $1546817597 | $3154428633 |
| Reinvestment of distributions | 12919024 | 11209770 | 176603064 | 152624631 |
| Shares redeemed | <u>(51385166)</u> | <u>(95815097)</u> | <u>(738417343)</u> | <u>(1323233276)</u> |
| Net increase (decrease) | <u>66076082</u> | <u>143899778</u> | <u>$985003318</u> | <u>$1983819988</u> |
| **Fidelity Freedom 2055 Fund** |  |  |  |  |
| **Fidelity Freedom 2055 Fund** |  |  |  |  |
| Shares sold | 12185811 | 33557271 | $206952053 | $531863824 |
| Reinvestment of distributions | 2315054 | 1795404 | 36832517 | 28346231 |
| Shares redeemed | <u>(7605329)</u> | <u>(123583879)</u> | <u>(128164023)</u> | <u>(1984860751)</u> |
| Net increase (decrease) | <u>6895536</u> | <u>(88231204)</u> | <u>$115620547</u> | <u>$(1424650696)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 28885593 | 101161374 | $486243828 | $1617576734 |
| Reinvestment of distributions | 7397924 | 6806586 | 117331077 | 107528816 |
| Shares redeemed | <u>(51479403)</u> | <u>(117997745)</u> | <u>(883874072)</u> | <u>(1885249723)</u> |
| Net increase (decrease) | <u>(15195886)</u> | <u>(10029785)</u> | <u>$(280299167)</u> | <u>$(160144173)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 73239551 | 144399432 | $1256456599 | $2308198070 |
| Reinvestment of distributions | 7416760 | 6443554 | 117481482 | 101671095 |
| Shares redeemed | <u>(33621921)</u> | <u>(60463170)</u> | <u>(560388119)</u> | <u>(967133724)</u> |
| Net increase (decrease) | <u>47034390</u> | <u>90379816</u> | <u>$813549962</u> | <u>$1442735441</u> |
| **Fidelity Freedom 2060 Fund** |  |  |  |  |
| **Fidelity Freedom 2060 Fund** |  |  |  |  |
| Shares sold | 8010389 | 22266026 | $124526513 | $322944360 |
| Reinvestment of distributions | 1001308 | 997848 | 14629118 | 14319934 |
| Shares redeemed | <u>(3656026)</u> | <u>(70470048)</u> | <u>(56898617)</u> | <u>(1036453655)</u> |
| Net increase (decrease) | <u>5355671</u> | <u>(47206174)</u> | <u>$82257014</u> | <u>$(699189361)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 23940956 | 73650536 | $370164935 | $1078282108 |
| Reinvestment of distributions | 4065919 | 4293288 | 59199784 | 61942362 |
| Shares redeemed | <u>(31266338)</u> | <u>(82018235)</u> | <u>(493058969)</u> | <u>(1208340846)</u> |
| Net increase (decrease) | <u>(3259463)</u> | <u>(4074411)</u> | <u>$(63694250)</u> | <u>$(68116376)</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 49710170 | 101903363 | $782057405 | $1498263273 |
| Reinvestment of distributions | 4331982 | 4004391 | 63073652 | 57837365 |
| Shares redeemed | <u>(21639623)</u> | <u>(36398524)</u> | <u>(330647749)</u> | <u>(533741585)</u> |
| Net increase (decrease) | <u>32402529</u> | <u>69509230</u> | <u>$514483308</u> | <u>$1022359053</u> |
| **Fidelity Freedom 2065 Fund** |  |  |  |  |
| **Fidelity Freedom 2065 Fund** |  |  |  |  |
| Shares sold | 4298973 | 12253397 | $61331948 | $162610266 |
| Reinvestment of distributions | 294644 | 358327 | 3927597 | 4685369 |
| Shares redeemed | <u>(1285081)</u> | <u>(23981971)</u> | <u>(18279264)</u> | <u>(321704321)</u> |
| Net increase (decrease) | <u>3308536</u> | <u>(11370247)</u> | <u>$46980281</u> | <u>$(154408686)</u> |
| **Class K** |  |  |  |  |
| Shares sold | 13928397 | 36177975 | $196939721 | $484343899 |
| Reinvestment of distributions | 1285404 | 1554263 | 17095868 | 20460482 |
| Shares redeemed | <u>(10430687)</u> | <u>(26958019)</u> | <u>(149328947)</u> | <u>(361686537)</u> |
| Net increase (decrease) | <u>4783114</u> | <u>10774219</u> | <u>$64706642</u> | <u>$143117844</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 22947186 | 43713004 | $328739671 | $587933661 |
| Reinvestment of distributions | 1443593 | 1536018 | 19257529 | 20293110 |
| Shares redeemed | <u>(9188055)</u> | <u>(14669054)</u> | <u>(129909763)</u> | <u>(197380441)</u> |
| Net increase (decrease) | <u>15202724</u> | <u>30579968</u> | <u>$218087437</u> | <u>$410846330</u> |
| **Fidelity Freedom 2070 Fund**A |  |  |  |  |
| **Fidelity Freedom 2070 Fund** |  |  |  |  |
| Shares sold | 1323508 | 1239371 | $14904252 | $12970151 |
| Reinvestment of distributions | 5484 | 5203 | 57305 | 53325 |
| Shares redeemed | <u>(376011)</u> | <u>(121302)</u> | <u>(4288627)</u> | <u>(1257798)</u> |
| Net increase (decrease) | <u>952981</u> | <u>1123272</u> | <u>$10672930</u> | <u>$11765678</u> |
| **Class K** |  |  |  |  |
| Shares sold | 3195236 | 2258945 | $35757388 | $23730184 |
| Reinvestment of distributions | 10646 | 6362 | 111254 | 65144 |
| Shares redeemed | <u>(564841)</u> | <u>(564779)</u> | <u>(6345504)</u> | <u>(5922927)</u> |
| Net increase (decrease) | <u>2641041</u> | <u>1700528</u> | <u>$29523138</u> | <u>$17872401</u> |
| **Class K6** |  |  |  |  |
| Shares sold | 4582830 | 2213276 | $50788958 | $23326783 |
| Reinvestment of distributions | 15856 | 4870 | 165851 | 49964 |
| Shares redeemed | <u>(1019547)</u> | <u>(214582)</u> | <u>(11452879)</u> | <u>(2248464)</u> |
| Net increase (decrease) | <u>3579139</u> | <u>2003564</u> | <u>$39501930</u> | <u>$21128283</u> |

---

*A For the period June 28, 2024 (commencement of operations) through March 31, 2025.*

**10. Other.**

A fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the fund. In the normal course of business, a fund may also enter into contracts that provide general indemnifications. A fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against a fund. The risk of material loss from such claims is considered remote.

Funds do not invest in underlying mutual funds for the purpose of exercising management or control; however, investments by funds within their principal investment strategies may represent a significant portion of the underlying mutual fund's net assets. At the end of the period, certain Funds were the owners of record of 10% or more of the total outstanding shares of the following underlying mutual funds as shown below.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fund**  | **Fidelity Freedom Retirement Fund** | **Fidelity Freedom 2020 Fund** | **Fidelity Freedom 2025 Fund** | **Fidelity Freedom 2030 Fund** | **Fidelity Freedom 2035 Fund** | **Fidelity Freedom 2040 Fund** | **Fidelity Freedom 2045 Fund** | **Fidelity Freedom 2050 Fund** |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | -% | -% | 16% | 16% | -% | -% | -% | -% |
| Fidelity Series All-Sector Equity Fund | -% | -% | -% | -% | -% | 13% | 11% | -% |
| Fidelity Series Blue Chip Growth Fund | -% | -% | -% | -% | -% | 11% | -% | -% |
| Fidelity Series Canada Fund | -% | -% | -% | 10% | 11% | 13% | 11% | -% |
| Fidelity Series Emerging Markets Debt Fund | -% | -% | -% | 10% | -% | 10% | -% | -% |
| Fidelity Series Emerging Markets Debt Local Currency Fund | -% | -% | -% | 11% | -% | 10% | -% | -% |
| Fidelity Series Emerging Markets Fund | -% | -% | -% | -% | -% | 12% | -% | -% |
| Fidelity Series Emerging Markets Opportunities Fund | -% | -% | -% | -% | -% | 12% | -% | -% |
| Fidelity Series Floating Rate High Income Fund | -% | -% | -% | 10% | -% | 10% | -% | -% |
| Fidelity Series Government Money Market Fund | -% | 12% | -% | -% | -% | -% | -% | -% |
| Fidelity Series Growth Company Fund | -% | -% | -% | 11% | 12% | 15% | 12% | 11% |
| Fidelity Series High Income Fund | -% | -% | -% | 11% | 11% | 11% | -% | -% |
| Fidelity Series International Credit Fund | -% | 16% | 14% | 13% | -% | -% | -% | -% |
| Fidelity Series International Developed Markets Bond Index Fund | -% | -% | -% | 10% | -% | -% | -% | -% |
| Fidelity Series International Growth Fund | -% | -% | -% | 10% | 11% | 14% | 11% | 10% |
| Fidelity Series International Small Cap Fund | -% | -% | -% | 11% | -% | 10% | -% | -% |
| Fidelity Series International Value Fund | -% | -% | -% | 10% | 11% | 14% | 11% | 10% |
| Fidelity Series Intrinsic Opportunities Fund | -% | -% | -% | 10% | 11% | 14% | 11% | 10% |
| Fidelity Series Investment Grade Bond Fund | -% | -% | 13% | 19% | 14% | -% | -% | -% |
| Fidelity Series Large Cap Stock Fund | -% | -% | -% | -% | -% | 12% | 10% | -% |
| Fidelity Series Opportunistic Insights Fund | -% | -% | -% | -% | 10% | 13% | 11% | 10% |
| Fidelity Series Overseas Fund | -% | -% | -% | 10% | 11% | 14% | 11% | 10% |
| Fidelity Series Real Estate Income Fund | -% | -% | -% | 11% | -% | 10% | -% | -% |
| Fidelity Series Select International Small Cap Fund | -% | -% | -% | 11% | -% | 10% | -% | -% |
| Fidelity Series Short-Term Credit Fund | 11% | -% | -% | -% | -% | -% | -% | -% |
| Fidelity Series Small Cap Discovery Fund | -% | -% | -% | -% | 11% | 13% | 11% | 10% |
| Fidelity Series Small Cap Opportunities Fund | -% | -% | -% | -% | -% | 12% | 10% | -% |
| Fidelity Series Stock Selector Large Cap Value Fund | -% | -% | -% | 10% | 11% | 14% | 11% | 10% |
| Fidelity Series Value Discovery Fund | -% | -% | -% | -% | -% | 12% | 10% | -% |

---

The Funds, in aggregate, were the owners of record of more than 20% of the total outstanding shares of the following underlying mutual funds.

---

| | |
|:---|:---|
| **Fund**  | **% of shares held** |
| Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 28% |
| Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 46% |
| Fidelity Series All-Sector Equity Fund | 72% |
| Fidelity Series Blue Chip Growth Fund | 64% |
| Fidelity Series Canada Fund | 76% |
| Fidelity Series Commodity Strategy Fund | 64% |
| Fidelity Series Emerging Markets Debt Fund | 66% |
| Fidelity Series Emerging Markets Debt Local Currency Fund | 67% |
| Fidelity Series Emerging Markets Fund | 68% |
| Fidelity Series Emerging Markets Opportunities Fund | 68% |
| Fidelity Series Floating Rate High Income Fund | 65% |
| Fidelity Series Government Money Market Fund | 35% |
| Fidelity Series Growth Company Fund | 83% |
| Fidelity Series High Income Fund | 71% |
| Fidelity Series International Credit Fund | 82% |
| Fidelity Series International Developed Markets Bond Index Fund | 41% |
| Fidelity Series International Growth Fund | 77% |
| Fidelity Series International Small Cap Fund | 67% |
| Fidelity Series International Value Fund | 77% |
| Fidelity Series Intrinsic Opportunities Fund | 77% |
| Fidelity Series Investment Grade Bond Fund | 69% |
| Fidelity Series Large Cap Stock Fund | 69% |
| Fidelity Series Large Cap Value Index Fund | 49% |
| Fidelity Series Long-Term Treasury Bond Index Fund | 39% |
| Fidelity Series Opportunistic Insights Fund | 76% |
| Fidelity Series Overseas Fund | 77% |
| Fidelity Series Real Estate Income Fund | 67% |
| Fidelity Series Select International Small Cap Fund | 66% |
| Fidelity Series Short-Term Credit Fund | 34% |
| Fidelity Series Small Cap Core Fund | 32% |
| Fidelity Series Small Cap Discovery Fund | 76% |
| Fidelity Series Small Cap Opportunities Fund | 70% |
| Fidelity Series Stock Selector Large Cap Value Fund | 77% |
| Fidelity Series Value Discovery Fund | 69% |

---

**11. Risk and Uncertainties.**

Many factors affect a fund's performance. Developments that disrupt global economies and financial markets, such as public health emergencies, military conflicts, terrorism, government restrictions, political changes, and environmental disasters, may significantly affect a fund's investment performance. The effects of these developments to a fund will be impacted by the types of securities in which a fund invests, the financial condition, industry, economic sector, and geographic location of an issuer, and a fund's level of investment in the securities of that issuer. Significant concentrations in security types, issuers, industries, sectors, and geographic locations may magnify the factors that affect a fund's performance.

**12. Prior Fiscal Year Reorganization Information.**

On June 21, 2024 Fidelity Freedom Income Fund acquired all of the assets and assumed all of the liabilities of Fidelity Freedom 2005 Fund ("Acquired Fund") pursuant to an Agreement and Plan of Reorganization (Agreements) approved by the Board of Trustees ("The Board"). The securities held by the Acquired Fund were the primary assets acquired by Fidelity Freedom Income Fund. The acquisition was accomplished by an exchange of each class of the Fidelity Freedom Income Fund for corresponding shares then outstanding of the Acquired Fund at its respective net asset value on the acquisition date. The reorganization provides shareholders of the Acquired Fund access to a larger portfolio with a similar investment objective and lower projected expenses. For financial reporting purposes, the assets and liabilities of the Acquired Fund and shares issued by the Fund were recorded at fair value; however, the cost basis of the investments received from the Acquired Fund were carried forward and will be utilized for purposes of the Fund's ongoing reporting of realized and unrealized gains and losses to more closely align subsequent reporting of realized gains with amounts distributable to shareholders for tax purposes. The reorganization qualified as a tax-free reorganization for federal income tax purposes with no gain or loss recognized to the funds or their shareholders.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Acquired Fund and Share Class** | **Investments $**<br>| **Unrealized appreciation (depreciation) $** | **Net Assets $** | **Shares Exchanged** | **Shares Exchanged Ratio** |
| Fidelity Freedom 2005 Fund | 604454401 | 3006454 |  |  |  |
| Fidelity Freedom 2005 Fund |  |  | 331081065 | 31175160 | 1.0548587571 |
| Class K |  |  | 178190742 | 16810481 | 1.0544716981 |
| Class K6 |  |  | 95548048 | 9022450 | 1.0513597734 |

---

---

| | | |
|:---|:---|:---|
| **Acquiring Fund** | **Net Assets $** | **Total net assets after the acquisition $** |
| Fidelity Freedom Income Fund | 2033416070 | 2638235925 |

---

Pro forma results of operations of the combined entity for the March 31, 2025, as though the acquisition had occurred as of the beginning of the year (rather than on the actual acquisition date), are as follows:

---

| | |
|:---|:---|
| **Net investment income (loss)**  | $75830492 |
| **Total net realized gain (loss)**  | 6788855 |
| **Total change in net unrealized appreciation (depreciation)**  | <u>47959468</u> |
| **Net increase (decrease) in net assets resulting from operations**  | <u>$130578815</u> |

---

Because the combined investment portfolios have been managed as a single portfolio since the acquisition was completed, it is not practicable to separate the amounts of revenue and earnings of the acquired fund have been included in the Fidelity Freedom Income Fund Statement of Operations since June 21, 2024.

**Item 8: Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

**(Unaudited)**

Note: This is not applicable for any fund included in this document.

**Item 9: Proxy Disclosures for Open-End Management Investment Companies**

**(Unaudited)**

Note: This is not applicable for any fund included in this document.

**Item 10: Remuneration Paid to Directors, Officers, and others of Open-End Management Investment Companies**

**(Unaudited)**

Note: This information is disclosed as part of the financial statements for each Fund as part of Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies.

**Item 11: Statement Regarding Basis for Approval of Investment Advisory Contract**

**(Unaudited)**

**Board Approval of Investment Advisory Contract and Management Fees** 

**Fidelity Freedom Income Fund**

**Fidelity Freedom 2010 Fund**

**Fidelity Freedom 2015 Fund**

**Fidelity Freedom 2020 Fund**

**Fidelity Freedom 2025 Fund**

**Fidelity Freedom 2030 Fund**

**Fidelity Freedom 2035 Fund**

**Fidelity Freedom 2040 Fund**

**Fidelity Freedom 2045 Fund**

**Fidelity Freedom 2050 Fund**

**Fidelity Freedom 2055 Fund**

**Fidelity Freedom 2060 Fund**

**Fidelity Freedom 2065 Fund**

**Fidelity Freedom 2070 Fund**

At its May 2025 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to approve an amended and restated management contract (each, an Amended Contract) for each fund to decrease the management fee rates of Retail Class of the fund paid to Fidelity Management & Research Company LLC (FMR), each fund's investment adviser, by up to 6.6 basis points, effective June 1, 2025. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, requested and considered a broad range of information.

**Nature, Extent, and Quality of Services Provided.** The Board previously received and considered materials relating to the nature, extent and quality of services provided by FMR to the funds, including the resources dedicated to investment management and support services, shareholder and administrative services, the benefits to shareholders of investment in a large fund family and the investment performance of the funds in connection with the annual renewal of each fund's current management contract (each, a Current Management Contract). At its September 2024 meeting, the Board concluded that the nature, extent and quality of services provided to each fund under its Current Management Contract should continue to benefit the fund's shareholders. In connection with its approval of the Amended Contracts at its May 2025 meeting, the Board noted that such approval would not change the fund's portfolio managers, the investment processes, the level or nature of services provided, the resources and personnel allocated or trading and compliance operations. The Board concluded that the nature, extent, and quality of services to be provided to Retail Class of the funds under the Amended Contracts will continue to benefit each fund's shareholders.

**Competitiveness of Management Fee and Total Expense Ratio.** The Board considered that it received and reviewed information regarding the management fee rate and total expense ratio compared to "mapped groups" of competitive funds and classes at the current management fee and expense levels in connection with the annual renewal of the management contract. Based on its review, the Board concluded at its September 2024 meeting that the current management fee and total expenses of Retail Class of the funds are fair and reasonable in light of the services that the class receives and other factors considered. In its review of the proposed management fee rate under the Amended Contracts, the Board considered that the proposed management fee rate for Retail Class of the funds is lower by up to 6.6 basis points than the current management fee rate. The Board also considered that FMR will retain its obligation to pay all operating expenses, with certain limited exceptions, under the management contract.

The Board noted that the difference in management fee rates between classes is the result of separate arrangements for class level services and/or waivers of certain expenses. The Board further noted that such differences are not the result of any difference in advisory or custodial fees or other expenses related to the management of the funds' assets, which do not vary by class.

Based on its review, the Board concluded that the management fee and the total expense ratio of Retail Class of each fund continue to be fair and reasonable in light of the services that the fund and its shareholders will receive and the other factors considered.

**Costs of the Services and Profitability.** The Board considered that it previously reviewed information regarding the revenues earned and the expenses incurred by FMR in providing services to each fund and the level of FMR's profitability. At its September 2024 meeting, the Board concluded that it was satisfied that the profitability of FMR in connection with the operation of the funds was not excessive. Because the Board was approving an arrangement under which the management fees were being reduced, the Board did not consider Fidelity's costs of services, revenues, or profitability to be significant factors in its decision to approve the Amended Contracts.

**Economies of Scale.** The Board considered that it previously received and reviewed information regarding whether there have been economies of scale in respect of the management of the Fidelity funds, whether the Fidelity funds (including the funds) have appropriately benefited from any such economies of scale, and whether there is a potential realization of any further economies of scale and that it concluded at its September 2024 meeting, that economies of scale, if any, are being appropriately shared between fund shareholders and Fidelity. In connection with the approval of each fund's Amended Contract, the Board did not consider economies of scale because the proposed fee arrangement lowers the management fee of Retail Class of each fund. The Board will continue to review economies of scale in connection with future renewals of each Amended Contract.

**Conclusion.** Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board, including the Independent Trustees, ultimately concluded that the advisory fee arrangements are fair and reasonable in light of all the surrounding circumstances, and that each fund's Amended Contract should be approved through September 30, 2025.

**Board Approval of Investment Advisory Contracts and Management Fees**

**Fidelity Freedom Income Fund**

**Fidelity Freedom 2010 Fund**

**Fidelity Freedom 2015 Fund**

**Fidelity Freedom 2020 Fund**

**Fidelity Freedom 2025 Fund**

**Fidelity Freedom 2030 Fund**

**Fidelity Freedom 2035 Fund**

**Fidelity Freedom 2040 Fund**

**Fidelity Freedom 2045 Fund**

**Fidelity Freedom 2050 Fund**

**Fidelity Freedom 2055 Fund**

**Fidelity Freedom 2060 Fund**

**Fidelity Freedom 2065 Fund**

**Fidelity Freedom 2070 Fund**

Each year, the Board of Trustees, including the Independent Trustees (together, the Board), considers the renewal of each fund's management contract with Fidelity Management & Research Company LLC (FMR) (the Advisory Contract). The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, requests and considers a broad range of information relevant to the renewal of the Advisory Contracts throughout the year.

The Board meets regularly and, at each of its meetings, covers an extensive agenda of topics and materials and considers factors that are relevant to its annual consideration of the renewal of each fund's Advisory Contract, including the services and support provided to each fund and its shareholders. The Board's Operations Committee, of which all the Independent Trustees are members, meets regularly throughout the year and requests, receives and considers, among other matters, information related to the annual consideration of the renewal of each fund's Advisory Contracts before making its recommendation to the Board. The Board also meets as needed to review matters specifically related to the Board's annual consideration of the renewal of the Advisory Contracts. Members of the Board may also meet from time to time with trustees of other Fidelity U.S. registered funds (Fidelity funds) through joint ad hoc committees to discuss certain matters relevant to all of the Fidelity funds.

At its September 2025 meeting, the Board unanimously determined to renew each fund's Advisory Contract. In reaching its determination, the Board considered all factors it believed relevant, including (i) the nature, extent, and quality of the services provided to each fund and its shareholders (including the investment performance of each fund); (ii) the competitiveness relative to peer funds of each fund's management fee and the total expense ratio of a representative class; (iii) the total costs of the services provided by and the profits realized by FMR and its affiliates (Fidelity) from its relationships with each fund; and (iv) the extent to which, if any, economies of scale exist and are realized as each fund grows, and whether any economies of scale are appropriately shared with fund shareholders. The Board also considered the broad range of investment choices available to shareholders from FMR's competitors and that each fund's shareholders have chosen to invest in that fund, which is part of the Fidelity family of funds. The Board's decision to renew the Advisory Contracts was not based on any single factor and the factors may have been weighed differently by individual Trustees.

The Board also considered that each fund pays an all-inclusive management fee that covers all operating expenses of the fund, subject to certain exceptions, and varies by class (unitary fee) and the underlying Fidelity funds in which the fund invests (Series Funds) do not pay expenses, with certain limited exceptions. The Board and the board of other funds that invest their assets in Series Funds and the boards of the Series Funds previously formed a joint ad hoc committee to review the responsibilities of each board related to the consideration of the renewal of the Advisory Contracts for the funds, other funds that invest substantially all of their assets in Series Funds, and the Series Funds. The Board's deliberations were informed by the conclusions of such committee.

The Board reached a determination, with the assistance of fund counsel and Independent Trustees' counsel and through the exercise of its business judgment, that the renewal of the Advisory Contract was in the best interests of each fund and its shareholders and that the compensation payable under the Advisory Contract was fair and reasonable in light of all of the surrounding circumstances.

**Nature, Extent, and Quality of Services Provided**. The Board considered Fidelity's staffing as it relates to the funds, including the backgrounds and experience of investment personnel, and also considered FMR's implementation of each fund's investment program. The Independent Trustees also had discussions with senior management of Fidelity's investment operations and investment groups with responsibility for the Series Funds. The Board considered the structure of the investment personnel compensation program and whether this structure provides appropriate incentives to act in the best interests of each fund. Additionally, the Board considered the portfolio managers' investments, if any, in the funds that they manage.

<u>Resources Dedicated to Investment Management and Support Services</u>. The Board reviewed the general qualifications and capabilities of Fidelity's investment staff, such as size, education, experience, and resources, as well as Fidelity's approach to recruiting, training, managing, and compensating investment personnel. The Board noted that Fidelity's analysts have extensive resources, tools, and capabilities that allow them to conduct quantitative and fundamental analysis, as well as credit analysis of issuers, counterparties, and guarantors. Further, the Board considered that Fidelity's investment professionals have sufficient access to information and data so as to provide competitive investment results over time, and that those professionals also have access to sophisticated tools that permit them to assess portfolio construction and risk and performance attribution characteristics continuously, and to transmit new information and research conclusions rapidly. Additionally, in its deliberations, the Board considered Fidelity's risk management, compliance, cybersecurity, technology and operations capabilities and resources, which are integral parts of the investment management process.

<u>Shareholder and Administrative Services</u>. The Board considered (i) the nature, extent, quality, and cost of advisory, administrative, and shareholder services performed by Fidelity under the Advisory Contract and under separate agreements covering transfer agency and pricing and bookkeeping services for each fund; (ii) the nature and extent of Fidelity's supervision of third party service providers, principally custodians, subcustodians, and pricing vendors; and (iii) the resources devoted by Fidelity to, and the record of compliance with, each fund's compliance policies and procedures, including with respect to liquidity risk management.

The Board noted that the growth of fund assets over time across the complex allows Fidelity to reinvest in the development of services designed to enhance the value and convenience of the Fidelity funds as investment vehicles. These services include 24-hour access to account and market information over the Internet, via the Fidelity mobile app and through telephone representatives, investor education materials and asset allocation tools. The Board also considered that it reviews customer service metrics such as telephone response times, continuity of services on the website and metrics addressing services at Fidelity Investor Centers.

<u>Investment in a Large Fund Family</u>. The Board considered the benefits to shareholders of investing in a fund that is part of a large family of funds offering a variety of investment disciplines and providing a large variety of fund investor services. The Board noted that Fidelity had taken, or had made recommendations to the Board that resulted in the Fidelity funds taking, a number of actions over the previous year that benefited particular funds and/or the Fidelity funds in general.

<u>Investment Performance</u>. The Board took into account discussions that occur with representatives of Fidelity, or reports it receives, at Board meetings throughout the year relating to fund investment performance. In this regard the Board noted that as part of regularly scheduled fund reviews and other reports to the Board on fund performance, the Board considered annualized return information for each fund for different time periods, measured against one or more appropriate indices, including a customized blended index that reflects the respective weights of the fund's asset classes (each a benchmark index). The Board also considered information about performance attribution. In its evaluation of fund investment performance at meetings throughout the year, the Board gave particular attention to information indicating underperformance of certain Fidelity funds over different time periods and discussed with Fidelity the reasons for such underperformance.

In addition to reviewing absolute and relative fund performance, the Independent Trustees periodically consider the appropriateness of fund performance metrics in evaluating the results achieved. The Independent Trustees generally give greater weight to fund performance over longer time periods than over shorter time periods. Depending on the circumstances, the Independent Trustees may be satisfied with a fund's performance notwithstanding that it lags its benchmark index for certain periods.

Based on its review, the Board concluded that the nature, extent, and quality of services provided to each fund under the Advisory Contracts should continue to benefit the shareholders of each fund.

**Competitiveness of Management Fee and Total Expense Ratio.** The Board was provided with information regarding industry trends in management fees and expenses. The Board considered each fund's class-level management fee rates under the Advisory Contract. The Board also considered other expenses, such as transfer agent fees, pricing and bookkeeping fees, and custodial, legal, and audit fees, paid by FMR under the unitary fee arrangement for each fund. The Board also noted that Fidelity may agree to waive fees or reimburse expenses from time to time, and the extent to which, if any, it has done so for each fund.

<u>Comparisons of Management Fees and Total Expense Ratios</u>. Among other things, the Board reviewed data for selected groups of competitive funds and classes (referred to as "total peer groups") that were compiled by Fidelity based on combining similar Morningstar categories that have comparable investment mandates and sales load types (as classified by Lipper). For each fund, data reviewed by the Board included (i) gross management fee comparisons (before taking into account expense reimbursements or caps) for the representative class (Class K) of each fund relative to the funds and classes in the total peer group; (ii) gross management fee comparisons for Class K of each fund relative to a subset of non-Fidelity funds in the total peer group that are similar in size to the fund (referred to as the "asset-sized peer group"); (iii) total expense comparisons of Class K of the fund relative to the total peer group; and (iv) total expense comparisons (excluding performance adjustments and fund-paid 12b-1 fees) of Class K of the fund relative to the asset-sized peer group. The asset-sized peer group comparisons exclude performance adjustments and fund-paid 12b-1 fees to eliminate variability in fee structures. The Board also reviewed information about any share classes with above median management fees or total expenses.

The information provided to the Board indicated that the management fee rate of Class K of each fund ranked above the competitive median of the total peer group for 2024 and above the competitive median of the asset-sized peer group for 2024. Further, the information provided to the Board indicated that the total expenses of the retail class of each fund ranked below the competitive median of the total peer group for 2024. The information provided to the Board indicated that the total expenses of the retail class of each fund ranked above the competitive median of the asset-sized peer group for 2024.

The Board noted that each fund's unitary fee arrangement covers all operating expenses of the fund, subject to certain exceptions, and that the fee structures of the majority of peer funds do not include top-level management fees. The Board noted that for this reason, Fidelity believes that a comparison of total expense ratios (including acquired fund fees and expenses of the Series Funds) is more useful than comparisons of the unitary advisory fee paid by each class and the advisory fee paid by most competitor funds. The competitor total expense comparison includes the acquired fund fees and expenses of the underlying funds. In information provided to the Board, Fidelity has noted that a potential challenge with peer group comparisons for target date funds relates to the potential for dispersion in the strategic and active allocation from one competitor to the next even for target date funds with the same or similar vintage. Further, Fidelity has informed the Board that each target date fund against which the funds are compared has a custom benchmark unique to its own strategy, with potentially different objectives and goals, and potentially unique asset class exposures and allocations.

The Board noted that, effective June 1, 2025, Fidelity reduced the management fee and expense contract rates for certain classes and vintages of the funds and that the information provided to the Board reflected these new rates.

The Board noted that each fund offers multiple classes and that the multiple structures are intended to offer pricing options for the intermediary market. The Board also noted that the total expense ratios of the classes of each fund vary primarily due to differences in transfer agent fees.

The Board noted that a different unitary (subject to certain limited exceptions) management fee rate is applicable to each class of each fund. The Board considered that the difference in management fee rates between classes is the result of separate arrangements for class-level services and/or waivers of certain expenses and not the result of any difference in advisory or custodial fees or other expenses related to the management of a fund's assets.

<u>Other Contractual Arrangements</u>. The Board considered that current contractual arrangements for the fund oblige FMR to pay all "class-level" expenses of Class K6 of each fund to the extent necessary to limit total operating expenses, with certain exceptions, to an amount specified in the applicable expense contract. These contractual arrangements may not be amended to increase the fees or expenses payable by Class K6 of a fund except by a vote of a majority of the Board of Trustees and by a vote of a majority of the outstanding voting securities of Class K6 of the applicable fund (for each fund, except Fidelity Freedom 2065 and 2070 Fund).

Based on its review, the Board concluded that each fund's management fee is fair and reasonable in light of the services that the fund receives and the other factors considered. Further, based on its review of total expense ratios and fees charged to other Fidelity clients, the Board concluded that the total expense ratio of each class of each fund was reasonable in light of the services that the fund and its shareholders receive and the other factors considered.

**Costs of the Services and Profitability.** The Board considered the revenues earned and the expenses incurred by Fidelity in conducting the business of developing, marketing, distributing, managing, administering and servicing each fund and the Series Funds in which each fund invests and in servicing each fund's shareholders. The Board also considered the level of Fidelity's profits in respect of each fund and all the Fidelity funds.

On an annual basis, Fidelity presents to the Board information about the profitability of its relationships with each fund. Fidelity calculates profitability information for each Fidelity fund, as well as aggregate profitability information for groups of Fidelity funds and all Fidelity funds, using a series of detailed revenue and cost allocation methodologies which originate with the books and records of Fidelity on which Fidelity's audited financial statements are based. The Audit Committee of the Board reviews any significant changes from the prior year's methodologies.

A public accounting firm has been engaged annually by the Board as part of the Board's assessment of Fidelity's profitability analysis. The engagement includes the review and assessment of the methodologies used by Fidelity in determining the revenues and expenses attributable to Fidelity's fund business. After considering the reports issued under the engagement and information provided by Fidelity, the Board concluded that while other allocation methods may also be reasonable, Fidelity's profitability methodologies are reasonable in all material respects.

The Board considered the costs of the services provided by and the profits realized by Fidelity in connection with the operation of each fund and was satisfied that the profitability was not excessive.

The Board concluded, taking into account the analysis of the committee, that economies of scale, if any, are being appropriately shared between fund shareholders and Fidelity.

**Additional Information Requested by the Board.** In order to develop fully the factual basis for consideration of the Fidelity funds' advisory contracts, the Board requested and received additional information on certain topics, including: (i) portfolio manager changes that have occurred during the past year; (ii) hiring, training, compensating, and retaining adviser and sub-adviser personnel; (iii) the terms of the funds' various management fee structures and arrangements for transfer agent and pricing and bookkeeping services; (iv) Fidelity's fund profitability methodology, profitability trends for certain funds and asset classes, the allocation of various costs to different funds, and the impact of certain factors on fund profitability results; (v) information about the role of fund profitability in considering changes to the lineup of the Fidelity funds; (vi) the types of management fee and total expense comparisons provided, and challenges and limitations associated with such information; (vii) explanations regarding the relative total expense ratios and management fees of certain funds and classes, total expense and management fee competitive trends, and methodologies for total expense and management fee competitive comparisons; (viii) matters related to money market funds, bond funds, allocation funds, exchange-traded funds, and target date funds; (ix) the arrangements with and compensation paid to certain fund sub-advisers and the treatment of such compensation within Fidelity's fund profitability methodology; and (x) the terms of management contracts between Fidelity and other funds and products not overseen by the Board.

**Conclusion.** Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board, including the Independent Trustees, concluded that the advisory fee arrangements are fair and reasonable in light of all of the surrounding circumstances and that each fund's Advisory Contract should be renewed through September 30, 2026.

**Board Approval of Investment Advisory Contract and Management Fees**

**Fidelity Freedom Retirement Fund**

**Fidelity Freedom 2010 Fund**

**Fidelity Freedom 2015 Fund**

**Fidelity Freedom 2020 Fund**

**Fidelity Freedom 2025 Fund**

**Fidelity Freedom 2030 Fund**

**Fidelity Freedom 2035 Fund**

**Fidelity Freedom 2040 Fund**

**Fidelity Freedom 2045 Fund**

**Fidelity Freedom 2050 Fund**

**Fidelity Freedom 2055 Fund**

**Fidelity Freedom 2060 Fund**

**Fidelity Freedom 2065 Fund**

**Fidelity Freedom 2070 Fund**

At its September 2025 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to approve an amended and restated management contract with Fidelity Management & Research Company LLC (FMR) (the Amended Contract) for each fund to add the fee schedule for the new Premier Class of the fund. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, requested and considered a broad range of information.

**Nature, Extent, and Quality of Services Provided.** The Board previously received and considered materials relating to the nature, extent and quality of services provided by FMR and certain of its affiliates to the funds, including the resources dedicated to investment management and support services, shareholder and administrative services, the benefits to shareholders of investment in a large fund family, and the investment performance of each fund in connection with the annual renewal of each fund's current management contract. At its September 2025 meeting, the Board concluded that the nature, extent and quality of the services provided to each fund under the existing management contract should continue to benefit each fund's shareholders. In connection with its approval of the Amended Contract at its September 2025 meeting, the Board noted that such approval would not change each fund's portfolio managers, the investment processes, the level or nature of services provided, the resources and personnel allocated or trading and compliance operations, or adversely affect the shareholders of existing classes of the funds, including with respect to income taxes and expense ratios. The Board concluded that the nature, extent, and quality of services to be provided to Premier Class of each fund under the Amended Contract will continue to benefit the fund's shareholders.

**Competitiveness of Management Fee and Total Expense Ratio.** In reviewing the Amended Contract, the Board considered the proposed class-level management fee rate of Premier Class of each fund out of which FMR will pay all operating expenses of the fund, with certain limited exceptions, and the projected total expense ratio of Premier Class of each fund. The Board noted that the proposed class-level management fee rate for Premier Class of each fund is above the median fee rate of funds and classes with similar Morningstar categories that have comparable investment mandates and sales load types (as classified by Lipper), but that the majority of such competitor funds either charge low or no management fees at the top level or do not have a management fee that covers expenses for services beyond portfolio management. The Board also considered that the estimated total net expense ratio of Premier Class of each fund is below the median of those funds and classes used by the Board for management fee comparisons.

The Board also considered that the proposed contractual arrangements for each fund oblige FMR to pay all "class-level" expenses of Premier Class of each fund to the extent necessary to limit total operating expenses, with certain exceptions, to an amount specified in the applicable expense contract. These contractual arrangements may not be amended to increase the fees or expenses payable by Premier Class of each fund except by a vote of a majority of the Board of Trustees of the fund.

The Board noted that the difference in total expense ratios between the new Premier Class and other classes of each fund are the result of separate arrangements for class-level services and/or waivers of certain expenses. The Board further noted that such differences are not the result of any difference in advisory or custodial fees or other expenses related to the management of each fund's assets, which do not vary by class.

Based on its review, the Board concluded that the proposed management fee and projected total expense ratio of Premier Class of each fund was reasonable in light of the services that each fund and its shareholders will receive and the other factors considered.

**Costs of the Services and Profitability.** The Board considered that it previously reviewed information regarding the revenues earned and the expenses incurred by Fidelity in providing services to each fund and the level of Fidelity's profitability. At its September 2025 meeting, the Board concluded that it was satisfied that the profitability of Fidelity in connection with the operation of each fund was not excessive.

**Economies of Scale.** The Board considered that it previously received and reviewed information regarding whether there have been economies of scale in respect of the management of each fund and of the Fidelity funds, whether the Fidelity funds (including each fund) have appropriately benefited from any such economies of scale, and whether there is a potential realization of any further economies of scale and that it concluded, at its September 2025 meeting, that economies of scale, if any, are being appropriately shared between fund shareholders and Fidelity. The Board will continue to review economies of scale in connection with future renewals of the Amended Contract.

**Conclusion.** Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board, including the Independent Trustees, concluded that the advisory fee structure for Premier Class was fair and reasonable in light of all the surrounding circumstances and that each fund's Amended Contract should be approved through September 30, 2026.

![](img116868_4.jpg)<br>

1.537284.128 FF-SANN-1125

Item 8.

<u>Changes in and Disagreements with Accountants for Open-End Management Investment Companies</u>

See Item 7.

Item 9.

<u>Proxy Disclosures for Open-End Management Investment Companies</u>

See Item 7.

Item 10.

<u>Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies</u>

See Item 7.

Item 11.

<u>Statement Regarding Basis for Approval of Investment Advisory Contract</u>

See Item 7.

Item 12.

<u>Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies</u>

Not applicable.

Item 13.

<u>Portfolio Managers of Closed-End Management Investment Companies</u>

Not applicable.

Item 14.

<u>Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers</u>

Not applicable.

Item 15.

<u>Submission of Matters to a Vote of Security Holders</u>

There were no material changes to the procedures by which shareholders may recommend nominees to the Fidelity Aberdeen Street Trust's Board of Trustees.

Item 16.

<u>Controls and Procedures</u>

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Aberdeen Street Trust's (the "Trust") disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(a)(ii) There was no change in the Trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 17.

<u>Disclosure of Securities Lending Activities for Closed-End Management Investment Companies</u>

Not applicable.

Item 18.

<u>Recovery of Erroneously Awarded Compensation</u>

(a) Not applicable.

(b) Not applicable.

Item 19.

<u>Exhibits</u>

(a) (1) Not applicable.

(a) (2) [Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.](ex99.htm)

(a) (3) Not applicable.

(b) [Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT.](ex99_906.htm)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fidelity Aberdeen Street Trust

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| | |
|:---|:---|
| &nbsp;&nbsp; By: | &nbsp;&nbsp; <u>/s/Laura M. Del Prato</u> |
|  | &nbsp;&nbsp; Laura M. Del Prato |
|  | &nbsp;&nbsp; President and Treasurer (Principal Executive Officer) |
| &nbsp;&nbsp; Date: | &nbsp;&nbsp; November 20, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| &nbsp;&nbsp; By: | &nbsp;&nbsp; <u>/s/Laura M. Del Prato</u> |
|  | &nbsp;&nbsp; Laura M. Del Prato |
|  | &nbsp;&nbsp; President and Treasurer (Principal Executive Officer) |
| &nbsp;&nbsp; Date: | &nbsp;&nbsp; November 20, 2025 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp; By: | &nbsp;&nbsp; <u>/s/Stephanie Caron</u> |
|  | &nbsp;&nbsp; Stephanie Caron |
|  | &nbsp;&nbsp; Chief Financial Officer (Principal Financial Officer) |
| &nbsp;&nbsp; Date: | &nbsp;&nbsp; November 20, 2025 |

---

## Ex-99.Cert

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<u>Exhibit EX-99.CERT</u>

I, Laura M. Del Prato, certify that:

1. I have reviewed this report on Form N-CSR of Fidelity Aberdeen Street Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:

November 20, 2025

---

| |
|:---|
| &nbsp;&nbsp;<u>/s/Laura M. Del Prato</u> |
| &nbsp;&nbsp;Laura M. Del Prato |
| &nbsp;&nbsp;President and Treasurer (Principal Executive Officer) |

---

I, Stephanie Caron, certify that:

1. I have reviewed this report on Form N-CSR of Fidelity Aberdeen Street Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:

November 20, 2025

---

| |
|:---|
| &nbsp;&nbsp;<u>/s/Stephanie Caron</u> |
| &nbsp;&nbsp;Stephanie Caron |
| &nbsp;&nbsp;Chief Financial Officer (Principal Financial Officer) |

---

## Exhibit 99.906

<u>Exhibit EX-99.906CERT</u>

**Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code)**

In connection with the attached Report of Fidelity Aberdeen Street Trust (the "Trust") on Form N-CSR to be filed with the Securities and Exchange Commission (the "Report"), each of the undersigned officers of the Trust does hereby certify that, to the best of such officer's knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Report fully complies with the requirements of 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust as of, and for, the periods presented in the Report.

Dated: November 20, 2025

---

| |
|:---|
| &nbsp;&nbsp;<u>/s/Laura M. Del Prato</u> |
| &nbsp;&nbsp;Laura M. Del Prato |
| &nbsp;&nbsp;President and Treasurer (Principal Executive Officer) |

---

Dated: November 20, 2025

---

| |
|:---|
| &nbsp;&nbsp;<u>/s/Stephanie Caron</u> |
| &nbsp;&nbsp;Stephanie Caron |
| &nbsp;&nbsp;Chief Financial Officer (Principal Financial Officer) |

---

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.

<br>