N-Q 1 main.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-6440

Fidelity Aberdeen Street Trust
(Exact name of registrant as specified in charter)

82 Devonshire St., Boston, Massachusetts 02109
(Address of principal executive offices) (Zip code)

Scott C. Goebel, Secretary

82 Devonshire St.

Boston, Massachusetts 02109
(Name and address of agent for service)

Registrant's telephone number, including area code: 617-563-7000

Date of fiscal year end:	March 31

Date of reporting period:	June 30, 2010

Item 1. Schedule of Investments

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2005 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818350.105

AFF5-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 32.2%
	Shares		Value
Commodity Funds - 3.1%
Fidelity Series Commodity Strategy Fund	621,141		$ 6,174,144
Domestic Equity Funds - 29.1%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	134,627		5,939,747
Fidelity Advisor Equity Income Fund Institutional Class	142,199		2,754,397
Fidelity Advisor Growth & Income Fund Institutional Class	615,863		8,560,501
Fidelity Advisor Large Cap Fund Institutional Class	557,399		8,294,096
Fidelity Advisor Small Cap Fund Institutional Class (a)	131,697		2,888,106
Fidelity Series 100 Index Fund	848,285		6,183,995
Fidelity Series All-Sector Equity Fund	1,099,283		11,707,364
Fidelity Series Large Cap Value Fund	875,242		9,058,751
Fidelity Series Small Cap Opportunities Fund (a)	365,369		2,970,449
TOTAL DOMESTIC EQUITY FUNDS			58,357,406
TOTAL DOMESTIC EQUITY FUNDS (Cost $69,275,883)		64,531,550
International Equity Funds - 9.6%

Developed International Equity Funds - 8.3%
Fidelity Advisor Diversified International Fund Institutional Class	377,506		4,930,229
Fidelity Advisor Overseas Fund Institutional Class	343,570		4,940,543
Fidelity Series International Growth Fund	354,238		3,092,501
Fidelity Series International Small Cap Fund	66,025		614,031
Fidelity Series International Value Fund	371,270		3,007,290
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			16,584,594
Emerging Markets Equity Funds - 1.3%
Fidelity Series Emerging Markets Fund	174,497		2,643,636
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $23,590,856)		19,228,230
Bond Funds - 38.0%
	Shares		Value
High Yield Bond Funds - 5.0%
Fidelity Advisor High Income Advantage Fund Institutional Class	1,171,535		$ 10,110,351
Inflation-Protected Bond Funds - 6.7%
Fidelity Series Inflation-Protected Bond Index Fund	1,276,302		13,375,643
Investment Grade Bond Funds - 26.3%
Fidelity Advisor Strategic Real Return Fund Institutional Class	1,090,103		9,320,381
Fidelity Advisor Total Bond Fund Institutional Class	155,950		1,687,383
Fidelity Series Investment Grade Bond Fund	3,552,195		41,631,727
TOTAL INVESTMENT GRADE BOND FUNDS			52,639,491
TOTAL BOND FUNDS (Cost $73,714,375)		76,125,485
Short-Term Funds - 20.2%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	2,213,140		20,338,760
Fidelity Institutional Money Market Portfolio Institutional Class	20,241,084		20,241,084
TOTAL SHORT-TERM FUNDS (Cost $40,452,821)		40,579,844

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $207,033,935)

200,465,109

NET OTHER ASSETS (LIABILITIES) - 0.0%

(49,170)

NET ASSETS - 100%

$ 200,415,939

Legend

(a) Non-income producing

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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 please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $209,753,791. Net unrealized depreciation aggregated $9,288,682, of which $6,685,495 related to appreciated investment securities and $15,974,177 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels. Level 1 - 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 the Fund's investments by major category are as follows. Investments in the affiliated Underlying Funds are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy. Short-term securities with remaining maturities of sixty days or less for which quotations are not readily available are valued on the basis of amortized cost, which approximates value and are categorized as Level 2 in the hierarchy.

For additional information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please visit advisor.fidelity.com or call Fidelity at 1-877-208-0098 for a free copy of the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2010 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818354.105

AFF10-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 36.1%
	Shares		Value
Commodity Funds - 3.5%
Fidelity Series Commodity Strategy Fund	2,747,310		$ 27,308,257
Domestic Equity Funds - 32.6%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	585,007		25,810,525
Fidelity Advisor Equity Income Fund Institutional Class	622,146		12,050,972
Fidelity Advisor Growth & Income Fund Institutional Class	2,685,023		37,321,826
Fidelity Advisor Large Cap Fund Institutional Class	2,427,470		36,120,747
Fidelity Advisor Small Cap Fund Institutional Class (a)	573,518		12,577,252
Fidelity Series 100 Index Fund	3,705,351		27,012,011
Fidelity Series All-Sector Equity Fund	4,799,260		51,112,115
Fidelity Series Large Cap Value Fund	3,812,915		39,463,675
Fidelity Series Small Cap Opportunities Fund (a)	1,591,189		12,936,368
TOTAL DOMESTIC EQUITY FUNDS			254,405,491
TOTAL DOMESTIC EQUITY FUNDS (Cost $301,005,461)		281,713,748
International Equity Funds - 11.8%

Developed International Equity Funds - 10.2%
Fidelity Advisor Diversified International Fund Institutional Class	1,824,162		23,823,562
Fidelity Advisor Overseas Fund Institutional Class	1,653,771		23,781,221
Fidelity Series International Growth Fund	1,667,693		14,558,958
Fidelity Series International Small Cap Fund	323,038		3,004,256
Fidelity Series International Value Fund	1,753,521		14,203,523
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			79,371,520
Emerging Markets Equity Funds - 1.6%
Fidelity Series Emerging Markets Fund	828,580		12,552,988
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $110,806,089)		91,924,508
Bond Funds - 41.4%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Advisor High Income Advantage Fund Institutional Class	4,577,255		$ 39,501,707
Inflation-Protected Bond Funds - 6.9%
Fidelity Series Inflation-Protected Bond Index Fund	5,118,809		53,645,117
Investment Grade Bond Funds - 29.4%
Fidelity Advisor Strategic Real Return Fund Institutional Class	4,755,482		40,659,373
Fidelity Advisor Total Bond Fund Institutional Class	679,012		7,346,906
Fidelity Series Investment Grade Bond Fund	15,488,597		181,526,352
TOTAL INVESTMENT GRADE BOND FUNDS			229,532,631
TOTAL BOND FUNDS (Cost $313,287,461)		322,679,455
Short-Term Funds - 10.7%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	4,547,174		41,788,533
Fidelity Institutional Money Market Portfolio Institutional Class	41,592,392		41,592,392
TOTAL SHORT-TERM FUNDS (Cost $83,630,818)		83,380,925

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $808,729,829)

779,698,636

NET OTHER ASSETS (LIABILITIES) - 0.0%

(234,772)

NET ASSETS - 100%

$ 779,463,864

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $812,884,309. Net unrealized depreciation aggregated $33,185,673, of which $28,363,840 related to appreciated investment securities and $61,549,513 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2015 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818355.105

AFF15-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 37.3%
	Shares		Value
Commodity Funds - 3.6%
Fidelity Series Commodity Strategy Fund	4,504,692		$ 44,776,642
Domestic Equity Funds - 33.7%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	966,955		42,662,034
Fidelity Advisor Equity Income Fund Institutional Class	1,021,119		19,779,081
Fidelity Advisor Growth & Income Fund Institutional Class	4,438,984		61,701,879
Fidelity Advisor Large Cap Fund Institutional Class	4,008,862		59,651,862
Fidelity Advisor Small Cap Fund Institutional Class (a)	946,668		20,760,426
Fidelity Series 100 Index Fund	6,118,225		44,601,858
Fidelity Series All-Sector Equity Fund	7,924,350		84,394,325
Fidelity Series Large Cap Value Fund	6,304,819		65,254,878
Fidelity Series Small Cap Opportunities Fund (a)	2,637,052		21,439,235
TOTAL DOMESTIC EQUITY FUNDS			420,245,578
TOTAL DOMESTIC EQUITY FUNDS (Cost $505,147,696)		465,022,220
International Equity Funds - 12.2%

Developed International Equity Funds - 10.5%
Fidelity Advisor Diversified International Fund Institutional Class	3,029,346		39,563,265
Fidelity Advisor Overseas Fund Institutional Class	2,746,370		39,492,805
Fidelity Series International Growth Fund	2,748,111		23,991,011
Fidelity Series International Small Cap Fund	529,326		4,922,733
Fidelity Series International Value Fund	2,890,737		23,414,967
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			131,384,781
Emerging Markets Equity Funds - 1.7%
Fidelity Series Emerging Markets Fund	1,365,631		20,689,310
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $182,054,537)		152,074,091
Bond Funds - 41.0%
	Shares		Value
High Yield Bond Funds - 5.2%
Fidelity Advisor High Income Advantage Fund Institutional Class	7,494,851		$ 64,680,564
Inflation-Protected Bond Funds - 6.3%
Fidelity Series Inflation-Protected Bond Index Fund	7,518,870		78,797,757
Investment Grade Bond Funds - 29.5%
Fidelity Advisor Strategic Real Return Fund Institutional Class	7,588,607		64,882,591
Fidelity Advisor Total Bond Fund Institutional Class	1,087,705		11,768,972
Fidelity Series Investment Grade Bond Fund	24,855,493		291,306,373
TOTAL INVESTMENT GRADE BOND FUNDS			367,957,936
TOTAL BOND FUNDS (Cost $495,900,303)		511,436,257
Short-Term Funds - 9.5%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	6,492,350		59,664,701
Fidelity Institutional Money Market Portfolio Institutional Class	59,256,011		59,256,011
TOTAL SHORT-TERM FUNDS (Cost $118,679,726)		118,920,712

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,301,782,262)

1,247,453,280

NET OTHER ASSETS (LIABILITIES) - 0.0%

(346,743)

NET ASSETS - 100%

$ 1,247,106,537

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,306,662,003. Net unrealized depreciation aggregated $59,208,723, of which $47,294,913 related to appreciated investment securities and $106,503,636 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2020 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818359.105

AFF20-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 45.4%
	Shares		Value
Commodity Funds - 4.4%
Fidelity Series Commodity Strategy Fund	8,833,783		$ 87,807,799
Domestic Equity Funds - 41.0%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	1,893,908		83,559,237
Fidelity Advisor Equity Income Fund Institutional Class	1,998,147		38,704,103
Fidelity Advisor Growth & Income Fund Institutional Class	8,675,318		120,586,919
Fidelity Advisor Large Cap Fund Institutional Class	7,839,267		116,648,298
Fidelity Advisor Small Cap Fund Institutional Class (a)	1,848,678		40,541,517
Fidelity Series 100 Index Fund	11,973,435		87,286,339
Fidelity Series All-Sector Equity Fund	15,486,791		164,934,324
Fidelity Series Large Cap Value Fund	12,346,173		127,782,889
Fidelity Series Small Cap Opportunities Fund (a)	5,143,124		41,813,596
TOTAL DOMESTIC EQUITY FUNDS			821,857,222
TOTAL DOMESTIC EQUITY FUNDS (Cost $969,799,408)		909,665,021
International Equity Funds - 14.9%

Developed International Equity Funds - 12.9%
Fidelity Advisor Diversified International Fund Institutional Class	5,929,439		77,438,476
Fidelity Advisor Overseas Fund Institutional Class	5,375,514		77,299,889
Fidelity Series International Growth Fund	5,388,174		47,038,763
Fidelity Series International Small Cap Fund	1,029,932		9,578,369
Fidelity Series International Value Fund	5,659,319		45,840,481
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			257,195,978
Emerging Markets Equity Funds - 2.0%
Fidelity Series Emerging Markets Fund	2,676,481		40,548,687
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $351,387,370)		297,744,665
Bond Funds - 36.7%
	Shares		Value
High Yield Bond Funds - 7.0%
Fidelity Advisor High Income Advantage Fund Institutional Class	16,287,068		$ 140,557,400
Inflation-Protected Bond Funds - 4.7%
Fidelity Series Inflation-Protected Bond Index Fund	8,977,873		94,088,106
Investment Grade Bond Funds - 25.0%
Fidelity Advisor Strategic Real Return Fund Institutional Class	10,322,348		88,256,075
Fidelity Advisor Total Bond Fund Institutional Class	1,485,817		16,076,537
Fidelity Series Investment Grade Bond Fund	33,889,860		397,189,160
TOTAL INVESTMENT GRADE BOND FUNDS			501,521,772
TOTAL BOND FUNDS (Cost $717,741,503)		736,167,278
Short-Term Funds - 3.0%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	3,326,099		30,566,848
Fidelity Institutional Money Market Portfolio Institutional Class	30,422,617		30,422,617
TOTAL SHORT-TERM FUNDS (Cost $60,625,192)		60,989,465

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $2,099,553,473)

2,004,566,429

NET OTHER ASSETS (LIABILITIES) - 0.0%

(578,614)

NET ASSETS - 100%

$ 2,003,987,815

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $2,108,087,056. Net unrealized depreciation aggregated $103,520,627, of which $80,038,166 related to appreciated investment securities and $183,558,793 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2025 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818367.105

AFF25-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 51.6%
	Shares		Value
Commodity Funds - 5.0%
Fidelity Series Commodity Strategy Fund	6,963,470		$ 69,216,892
Domestic Equity Funds - 46.6%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	1,492,104		65,831,618
Fidelity Advisor Equity Income Fund Institutional Class	1,570,266		30,416,057
Fidelity Advisor Growth & Income Fund Institutional Class	6,823,451		94,845,969
Fidelity Advisor Large Cap Fund Institutional Class	6,170,018		91,809,862
Fidelity Advisor Small Cap Fund Institutional Class (a)	1,456,595		31,943,136
Fidelity Series 100 Index Fund	9,418,382		68,660,002
Fidelity Series All-Sector Equity Fund	12,199,348		129,923,060
Fidelity Series Large Cap Value Fund	9,715,165		100,551,953
Fidelity Series Small Cap Opportunities Fund (a)	4,057,089		32,984,133
TOTAL DOMESTIC EQUITY FUNDS			646,965,790
TOTAL DOMESTIC EQUITY FUNDS (Cost $766,962,076)		716,182,682
International Equity Funds - 16.9%

Developed International Equity Funds - 14.6%
Fidelity Advisor Diversified International Fund Institutional Class	4,650,577		60,736,542
Fidelity Advisor Overseas Fund Institutional Class	4,225,646		60,764,786
Fidelity Series International Growth Fund	4,246,441		37,071,432
Fidelity Series International Small Cap Fund	807,570		7,510,402
Fidelity Series International Value Fund	4,452,082		36,061,860
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			202,145,022
Emerging Markets Equity Funds - 2.3%
Fidelity Series Emerging Markets Fund	2,104,773		31,887,313
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $274,248,135)		234,032,335
Bond Funds - 31.5%
	Shares		Value
High Yield Bond Funds - 7.7%
Fidelity Advisor High Income Advantage Fund Institutional Class	12,411,774		$ 107,113,608
Inflation-Protected Bond Funds - 2.7%
Fidelity Series Inflation-Protected Bond Index Fund	3,621,939		37,957,922
Investment Grade Bond Funds - 21.1%
Fidelity Advisor Strategic Real Return Fund Institutional Class	5,994,177		51,250,210
Fidelity Advisor Total Bond Fund Institutional Class	871,077		9,425,051
Fidelity Series Investment Grade Bond Fund	19,725,682		231,184,997
TOTAL INVESTMENT GRADE BOND FUNDS			291,860,258
TOTAL BOND FUNDS (Cost $425,311,610)		436,931,788
Short-Term Funds - 0.0%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	342		3,142
Fidelity Institutional Money Market Portfolio Institutional Class	3,111		3,111
TOTAL SHORT-TERM FUNDS (Cost $6,240)		6,253

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,466,528,061)

1,387,153,058

NET OTHER ASSETS (LIABILITIES) - 0.0%

(366,615)

NET ASSETS - 100%

$ 1,386,786,443

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,472,524,376. Net unrealized depreciation aggregated $85,371,318, of which $62,972,991 related to appreciated investment securities and $148,344,309 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2030 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818364.105

AFF30-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 56.0%
	Shares		Value
Commodity Funds - 5.4%
Fidelity Series Commodity Strategy Fund	8,727,356		$ 86,749,915
Domestic Equity Funds - 50.6%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	1,877,163		82,820,428
Fidelity Advisor Equity Income Fund Institutional Class	1,973,221		38,221,295
Fidelity Advisor Growth & Income Fund Institutional Class	8,594,197		119,459,342
Fidelity Advisor Large Cap Fund Institutional Class	7,767,946		115,587,043
Fidelity Advisor Small Cap Fund Institutional Class (a)	1,829,079		40,111,693
Fidelity Series 100 Index Fund	11,846,613		86,361,812
Fidelity Series All-Sector Equity Fund	15,336,838		163,337,322
Fidelity Series Large Cap Value Fund	12,233,989		126,621,785
Fidelity Series Small Cap Opportunities Fund (a)	5,091,362		41,392,777
TOTAL DOMESTIC EQUITY FUNDS			813,913,497
TOTAL DOMESTIC EQUITY FUNDS (Cost $964,436,769)		900,663,412
International Equity Funds - 18.3%

Developed International Equity Funds - 15.8%
Fidelity Advisor Diversified International Fund Institutional Class	5,863,624		76,578,928
Fidelity Advisor Overseas Fund Institutional Class	5,315,814		76,441,402
Fidelity Series International Growth Fund	5,330,609		46,536,217
Fidelity Series International Small Cap Fund	1,027,015		9,551,236
Fidelity Series International Value Fund	5,576,826		45,172,293
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			254,280,076

	Shares		Value
Emerging Markets Equity Funds - 2.5%
Fidelity Series Emerging Markets Fund	2,644,017		$ 40,056,851
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $345,451,209)		294,336,927
Bond Funds - 25.7%

High Yield Bond Funds - 7.7%
Fidelity Advisor High Income Advantage Fund Institutional Class	14,447,511		124,682,021
Inflation-Protected Bond Funds - 0.5%
Fidelity Series Inflation-Protected Bond Index Fund	707,651		7,416,178
Investment Grade Bond Funds - 17.5%
Fidelity Advisor Strategic Real Return Fund Institutional Class	5,788,674		49,493,160
Fidelity Advisor Total Bond Fund Institutional Class	840,075		9,089,615
Fidelity Series Investment Grade Bond Fund	19,093,327		223,773,787
TOTAL INVESTMENT GRADE BOND FUNDS			282,356,562
TOTAL BOND FUNDS (Cost $405,535,838)		414,454,761

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,715,423,816)

1,609,455,100

NET OTHER ASSETS (LIABILITIES) - 0.0%

(450,371)

NET ASSETS - 100%

$ 1,609,004,729

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,722,614,050. Net unrealized depreciation aggregated $113,158,950, of which $67,437,574 related to appreciated investment securities and $180,596,524 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2035 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818365.105

AFF35-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 61.4%
	Shares		Value
Commodity Funds - 5.9%
Fidelity Series Commodity Strategy Fund	5,450,688		$ 54,179,840
Domestic Equity Funds - 55.5%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	1,165,612		51,426,786
Fidelity Advisor Equity Income Fund Institutional Class	1,226,157		23,750,655
Fidelity Advisor Growth & Income Fund Institutional Class	5,335,774		74,167,257
Fidelity Advisor Large Cap Fund Institutional Class	4,823,100		71,767,724
Fidelity Advisor Small Cap Fund Institutional Class (a)	1,141,235		25,027,284
Fidelity Series 100 Index Fund	7,373,515		53,752,926
Fidelity Series All-Sector Equity Fund	9,537,011		101,569,166
Fidelity Series Large Cap Value Fund	7,599,670		78,656,584
Fidelity Series Small Cap Opportunities Fund (a)	3,159,927		25,690,207
TOTAL DOMESTIC EQUITY FUNDS			505,808,589
TOTAL DOMESTIC EQUITY FUNDS (Cost $602,433,144)		559,988,429
International Equity Funds - 20.1%

Developed International Equity Funds - 17.4%
Fidelity Advisor Diversified International Fund Institutional Class	3,638,666		47,520,985
Fidelity Advisor Overseas Fund Institutional Class	3,298,663		47,434,779
Fidelity Series International Growth Fund	3,326,958		29,044,340
Fidelity Series International Small Cap Fund	635,942		5,914,265
Fidelity Series International Value Fund	3,486,923		28,244,073
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			158,158,442

	Shares		Value
Emerging Markets Equity Funds - 2.7%
Fidelity Series Emerging Markets Fund	1,649,906		$ 24,996,074
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $213,388,362)		183,154,516
Bond Funds - 18.5%

High Yield Bond Funds - 7.8%
Fidelity Advisor High Income Advantage Fund Institutional Class	8,239,890		71,110,250
Investment Grade Bond Funds - 10.7%
Fidelity Advisor Strategic Real Return Fund Institutional Class	1,996,512		17,070,180
Fidelity Advisor Total Bond Fund Institutional Class	289,317		3,130,412
Fidelity Series Investment Grade Bond Fund	6,573,043		77,036,068
TOTAL INVESTMENT GRADE BOND FUNDS			97,236,660
TOTAL BOND FUNDS (Cost $163,983,233)		168,346,910

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $979,804,739)

911,489,855

NET OTHER ASSETS (LIABILITIES) - 0.0%

(238,051)

NET ASSETS - 100%

$ 911,251,804

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $983,435,565. Net unrealized depreciation aggregated $71,945,710, of which $41,439,052 related to appreciated investment securities and $113,384,762 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2040 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818366.105

AFF40-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 62.4%
	Shares		Value
Commodity Funds - 6.0%
Fidelity Series Commodity Strategy Fund	6,718,644		$ 66,783,318
Domestic Equity Funds - 56.4%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	1,440,464		63,553,265
Fidelity Advisor Equity Income Fund Institutional Class	1,515,174		29,348,914
Fidelity Advisor Growth & Income Fund Institutional Class	6,605,213		91,812,459
Fidelity Advisor Large Cap Fund Institutional Class	5,966,185		88,776,836
Fidelity Advisor Small Cap Fund Institutional Class (a)	1,411,356		30,951,038
Fidelity Series 100 Index Fund	9,109,588		66,408,899
Fidelity Series All-Sector Equity Fund	11,788,200		125,544,333
Fidelity Series Large Cap Value Fund	9,402,677		97,317,704
Fidelity Series Small Cap Opportunities Fund (a)	3,917,912		31,852,626
TOTAL DOMESTIC EQUITY FUNDS			625,566,074
TOTAL DOMESTIC EQUITY FUNDS (Cost $786,939,355)		692,349,392
International Equity Funds - 20.4%

Developed International Equity Funds - 17.6%
Fidelity Advisor Diversified International Fund Institutional Class	4,505,921		58,847,334
Fidelity Advisor Overseas Fund Institutional Class	4,084,920		58,741,151
Fidelity Series International Growth Fund	4,102,374		35,813,728
Fidelity Series International Small Cap Fund	786,422		7,313,727
Fidelity Series International Value Fund	4,300,670		34,835,425
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			195,551,365

	Shares		Value
Emerging Markets Equity Funds - 2.8%
Fidelity Series Emerging Markets Fund	2,038,870		$ 30,888,873
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $288,912,601)		226,440,238
Bond Funds - 17.2%

High Yield Bond Funds - 9.0%
Fidelity Advisor High Income Advantage Fund Institutional Class	11,619,272		100,274,320
Investment Grade Bond Funds - 8.2%
Fidelity Advisor Strategic Real Return Fund Institutional Class	1,847,112		15,792,809
Fidelity Advisor Total Bond Fund Institutional Class	275,193		2,977,586
Fidelity Series Investment Grade Bond Fund	6,117,872		71,701,461
TOTAL INVESTMENT GRADE BOND FUNDS			90,471,856
TOTAL BOND FUNDS (Cost $198,275,313)		190,746,176

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,274,127,269)

1,109,535,806

NET OTHER ASSETS (LIABILITIES) - 0.0%

(328,308)

NET ASSETS - 100%

$ 1,109,207,498

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,278,460,135. Net unrealized depreciation aggregated $168,924,329, of which $18,912,167 related to appreciated investment securities and $187,836,496 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2045 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.833434.104

AFF45-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 63.4%
	Shares		Value
Commodity Funds - 6.2%
Fidelity Series Commodity Strategy Fund	1,764,384		$ 17,537,973
Domestic Equity Funds - 57.2%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	373,461		16,477,121
Fidelity Advisor Equity Income Fund Institutional Class	387,985		7,515,277
Fidelity Advisor Growth & Income Fund Institutional Class	1,710,425		23,774,903
Fidelity Advisor Large Cap Fund Institutional Class	1,545,655		22,999,343
Fidelity Advisor Small Cap Fund Institutional Class (a)	365,561		8,016,759
Fidelity Series 100 Index Fund	2,364,846		17,239,728
Fidelity Series All-Sector Equity Fund	3,054,334		32,528,660
Fidelity Series Large Cap Value Fund	2,444,379		25,299,323
Fidelity Series Small Cap Opportunities Fund (a)	1,013,965		8,243,533
TOTAL DOMESTIC EQUITY FUNDS			162,094,647
TOTAL DOMESTIC EQUITY FUNDS (Cost $186,316,909)		179,632,620
International Equity Funds - 20.8%

Developed International Equity Funds - 17.9%
Fidelity Advisor Diversified International Fund Institutional Class	1,159,808		15,147,092
Fidelity Advisor Overseas Fund Institutional Class	1,053,382		15,147,626
Fidelity Series International Growth Fund	1,077,249		9,404,385
Fidelity Series International Small Cap Fund	205,180		1,908,176
Fidelity Series International Value Fund	1,133,430		9,180,781
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			50,788,060

	Shares		Value
Emerging Markets Equity Funds - 2.9%
Fidelity Series Emerging Markets Fund	532,372		$ 8,065,435
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $65,974,763)		58,853,495
Bond Funds - 15.8%

High Yield Bond Funds - 10.4%
Fidelity Advisor High Income Advantage Fund Institutional Class	3,416,803		29,487,006
Investment Grade Bond Funds - 5.4%
Fidelity Advisor Strategic Real Return Fund Institutional Class	308,329		2,636,215
Fidelity Advisor Total Bond Fund Institutional Class	44,928		486,121
Fidelity Series Investment Grade Bond Fund	1,026,859		12,034,786
TOTAL INVESTMENT GRADE BOND FUNDS			15,157,122
TOTAL BOND FUNDS (Cost $42,034,967)		44,644,128

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $294,326,639)

283,130,243

NET OTHER ASSETS (LIABILITIES) - 0.0%			(68,879)
NET ASSETS - 100%		$ 283,061,364

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $296,188,067. Net unrealized depreciation aggregated $13,057,824, of which $16,811,657 related to appreciated investment securities and $29,869,481 related to depreciated investment securities.

Investment Valuation

Valuation techniques used to value the Fund's investments by major category are as follows. Investments in the Underlying Funds are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy. Short-term securities with remaining maturities of sixty days or less for which quotations are not readily available are valued on the basis of amortized cost, which approximates value and are categorized as Level 2 in the hierarchy.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom 2050 Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.833438.104

AFF50-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 66.3%
	Shares		Value
Commodity Funds - 6.5%
Fidelity Series Commodity Strategy Fund	1,513,365		$ 15,042,851
Domestic Equity Funds - 59.8%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	318,048		14,032,288
Fidelity Advisor Equity Income Fund Institutional Class	330,971		6,410,912
Fidelity Advisor Growth & Income Fund Institutional Class	1,457,959		20,265,632
Fidelity Advisor Large Cap Fund Institutional Class	1,317,713		19,607,571
Fidelity Advisor Small Cap Fund Institutional Class (a)	311,457		6,830,255
Fidelity Series 100 Index Fund	2,015,754		14,694,848
Fidelity Series All-Sector Equity Fund	2,605,061		27,743,900
Fidelity Series Large Cap Value Fund	2,083,475		21,563,972
Fidelity Series Small Cap Opportunities Fund (a)	864,771		7,030,590
TOTAL DOMESTIC EQUITY FUNDS			138,179,968
TOTAL DOMESTIC EQUITY FUNDS (Cost $161,162,672)		153,222,819
International Equity Funds - 22.7%

Developed International Equity Funds - 19.6%
Fidelity Advisor Diversified International Fund Institutional Class	1,041,984		13,608,316
Fidelity Advisor Overseas Fund Institutional Class	946,229		13,606,780
Fidelity Series International Growth Fund	956,665		8,351,687
Fidelity Series International Small Cap Fund	182,590		1,698,088
Fidelity Series International Value Fund	1,004,964		8,140,209
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			45,405,080

	Shares		Value
Emerging Markets Equity Funds - 3.1%
Fidelity Series Emerging Markets Fund	472,010		$ 7,150,950
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $59,338,856)		52,556,030
Bond Funds - 11.0%

High Yield Bond Funds - 10.5%
Fidelity Advisor High Income Advantage Fund Institutional Class	2,800,252		24,166,177
Investment Grade Bond Funds - 0.5%
Fidelity Advisor Strategic Real Return Fund Institutional Class	25,481		217,859
Fidelity Advisor Total Bond Fund Institutional Class	4,587		49,626
Fidelity Series Investment Grade Bond Fund	86,067		1,008,706
TOTAL INVESTMENT GRADE BOND FUNDS			1,276,191
TOTAL BOND FUNDS (Cost $23,680,677)		25,442,368

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $244,182,205)

231,221,217

NET OTHER ASSETS (LIABILITIES) - 0.0%

(59,540)

NET ASSETS - 100%

$ 231,161,677

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $245,933,226. Net unrealized depreciation aggregated $14,712,009, of which $12,831,580 related to appreciated investment securities and $27,543,589 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Advisor Freedom Income Fund
Class A
Class T
Class B
Class C
Institutional Class

June 30, 2010

1.818360.105

AFF-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 15.0%
	Shares		Value
Commodity Funds - 0.7%
Fidelity Series Commodity Strategy Fund	179,385		$ 1,783,085
Domestic Equity Funds - 14.3%
Fidelity Advisor Equity Growth Fund Institutional Class (a)	79,265		3,497,170
Fidelity Advisor Equity Income Fund Institutional Class	83,795		1,623,118
Fidelity Advisor Growth & Income Fund Institutional Class	362,608		5,040,257
Fidelity Advisor Large Cap Fund Institutional Class	327,438		4,872,280
Fidelity Advisor Small Cap Fund Institutional Class (a)	77,004		1,688,702
Fidelity Series 100 Index Fund	500,932		3,651,797
Fidelity Series All-Sector Equity Fund	648,251		6,903,871
Fidelity Series Large Cap Value Fund	515,184		5,332,157
Fidelity Series Small Cap Opportunities Fund (a)	215,093		1,748,706
TOTAL DOMESTIC EQUITY FUNDS			34,358,058
TOTAL DOMESTIC EQUITY FUNDS (Cost $38,129,967)		36,141,143
International Equity Funds - 3.3%

Developed International Equity Funds - 2.8%
Fidelity Advisor Diversified International Fund Institutional Class	155,261		2,027,704
Fidelity Advisor Overseas Fund Institutional Class	140,744		2,023,898
Fidelity Series International Growth Fund	142,312		1,242,381
Fidelity Series International Small Cap Fund	27,357		254,416
Fidelity Series International Value Fund	149,217		1,208,661
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			6,757,060
Emerging Markets Equity Funds - 0.5%
Fidelity Series Emerging Markets Fund	70,675		1,070,733
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $8,538,787)		7,827,793
Bond Funds - 41.2%
	Shares		Value
High Yield Bond Funds - 5.0%
Fidelity Advisor High Income Advantage Fund Institutional Class	1,381,501		$ 11,922,353
Inflation-Protected Bond Funds - 7.7%
Fidelity Series Inflation-Protected Bond Index Fund	1,754,950		18,391,878
Investment Grade Bond Funds - 28.5%
Fidelity Advisor Strategic Real Return Fund Institutional Class	1,416,394		12,110,166
Fidelity Advisor Total Bond Fund Institutional Class	204,224		2,209,708
Fidelity Series Investment Grade Bond Fund	4,624,817		54,202,851
TOTAL INVESTMENT GRADE BOND FUNDS			68,522,725
TOTAL BOND FUNDS (Cost $95,096,842)		98,836,956
Short-Term Funds - 40.5%

Fidelity Advisor Short Fixed-Income Fund Institutional Class	5,313,759		48,833,445
Fidelity Institutional Money Market Portfolio Institutional Class	48,557,914		48,557,914
TOTAL SHORT-TERM FUNDS (Cost $97,487,924)		97,391,359

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $239,253,520)

240,197,251

NET OTHER ASSETS (LIABILITIES) - 0.0%

(76,422)

NET ASSETS - 100%

$ 240,120,829

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $240,384,792. Net unrealized depreciation aggregated $187,541, of which $7,726,784 related to appreciated investment securities and $7,914,325 related to depreciated investment securities.

Investment Valuation

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2000 Fund

June 30, 2010

1.818351.105

F00-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 16.7%
	Shares		Value
Commodity Funds - 1.4%
Fidelity Series Commodity Strategy Fund	2,220,318		$ 22,069,961
Domestic Equity Funds - 15.3%
Fidelity Blue Chip Growth Fund	369,692		13,005,758
Fidelity Disciplined Equity Fund	2,201,025		42,589,841
Fidelity Equity-Income Fund	435,697		15,820,154
Fidelity Growth Company Fund	552,920		35,790,512
Fidelity Series 100 Index Fund	3,914,765		28,538,638
Fidelity Series All-Sector Equity Fund	3,995,434		42,551,377
Fidelity Series Large Cap Value Fund	4,148,355		42,935,471
Fidelity Series Small Cap Opportunities Fund (a)	891,771		7,250,094
Fidelity Small Cap Growth Fund (a)	366,507		4,456,721
Fidelity Small Cap Value Fund	355,607		4,505,547
TOTAL DOMESTIC EQUITY FUNDS			237,444,113
TOTAL DOMESTIC EQUITY FUNDS (Cost $261,651,633)		259,514,074
International Equity Funds - 3.0%

Developed International Equity Funds - 2.6%
Fidelity Diversified International Fund	478,262		11,621,773
Fidelity Europe Fund	5,040		122,669
Fidelity Japan Fund	11,161		107,704
Fidelity Overseas Fund	441,936		11,490,338
Fidelity Series International Growth Fund	882,053		7,700,322
Fidelity Series International Small Cap Fund	164,812		1,532,752
Fidelity Series International Value Fund	928,710		7,522,553
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			40,098,111
Emerging Markets Equity Funds - 0.4%
Fidelity Series Emerging Markets Fund	446,126		6,758,802
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $50,763,875)		46,856,913
Bond Funds - 39.7%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund	4,552,650		$ 38,834,104
Fidelity High Income Fund	4,685,414		39,498,037
TOTAL HIGH YIELD BOND FUNDS			78,332,141
Inflation-Protected Bond Funds - 7.1%
Fidelity Series Inflation-Protected Bond Index Fund	10,522,600		110,276,853
Investment Grade Bond Funds - 27.5%
Fidelity Series Investment Grade Bond Fund	27,961,607		327,710,033
Fidelity Strategic Real Return Fund	9,604,946		82,218,337
Fidelity Total Bond Fund	1,472,819		15,950,630
TOTAL INVESTMENT GRADE BOND FUNDS			425,879,000
TOTAL BOND FUNDS (Cost $585,249,328)		614,487,994
Short-Term Funds - 40.6%

Fidelity Institutional Money Market Portfolio Institutional Class	313,102,597		313,102,597
Fidelity Short-Term Bond Fund	37,362,114		314,962,623
TOTAL SHORT-TERM FUNDS (Cost $639,972,717)		628,065,220

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,537,637,553)

1,548,924,201

NET OTHER ASSETS (LIABILITIES) - 0.0%

(16,466)

NET ASSETS - 100%

$ 1,548,907,735

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,541,714,136. Net unrealized appreciation aggregated $7,210,065, of which $65,144,939 related to appreciated investment securities and $57,934,874 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2005 Fund

June 30, 2010

1.818352.105

F05-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 32.0%
	Shares		Value
Commodity Funds - 2.9%
Fidelity Series Commodity Strategy Fund	2,721,295		$ 27,049,676
Domestic Equity Funds - 29.1%
Fidelity Blue Chip Growth Fund	423,366		14,894,023
Fidelity Disciplined Equity Fund	2,517,626		48,716,057
Fidelity Equity-Income Fund	488,929		17,753,011
Fidelity Growth Company Fund	631,755		40,893,471
Fidelity Series 100 Index Fund	4,476,356		32,632,635
Fidelity Series All-Sector Equity Fund	4,581,696		48,795,065
Fidelity Series Large Cap Value Fund	4,754,079		49,204,721
Fidelity Series Small Cap Opportunities Fund (a)	1,020,380		8,295,691
Fidelity Small Cap Growth Fund (a)	419,882		5,105,763
Fidelity Small Cap Value Fund	407,261		5,159,991
TOTAL DOMESTIC EQUITY FUNDS			271,450,428
TOTAL DOMESTIC EQUITY FUNDS (Cost $350,843,658)		298,500,104
International Equity Funds - 9.5%

Developed International Equity Funds - 8.3%
Fidelity Diversified International Fund	855,757		20,794,895
Fidelity Europe Fund	293,527		7,144,458
Fidelity Japan Fund	318,253		3,071,141
Fidelity Overseas Fund	782,659		20,349,141
Fidelity Series International Growth Fund	1,380,524		12,051,976
Fidelity Series International Small Cap Fund	252,195		2,345,416
Fidelity Series International Value Fund	1,453,759		11,775,446
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			77,532,473
Emerging Markets Equity Funds - 1.2%
Fidelity Series Emerging Markets Fund	723,107		10,955,066
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $115,822,272)		88,487,539
Bond Funds - 38.2%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund	2,779,344		$ 23,707,806
Fidelity High Income Fund	2,856,009		24,076,159
TOTAL HIGH YIELD BOND FUNDS			47,783,965
Inflation-Protected Bond Funds - 6.4%
Fidelity Series Inflation-Protected Bond Index Fund	5,669,221		59,413,440
Investment Grade Bond Funds - 26.7%
Fidelity Series Investment Grade Bond Fund	16,370,235		191,859,159
Fidelity Strategic Real Return Fund	5,602,727		47,959,343
Fidelity Total Bond Fund	851,766		9,224,630
TOTAL INVESTMENT GRADE BOND FUNDS			249,043,132
TOTAL BOND FUNDS (Cost $351,987,495)		356,240,537
Short-Term Funds - 20.3%

Fidelity Institutional Money Market Portfolio Institutional Class	94,141,254		94,141,254
Fidelity Short-Term Bond Fund	11,227,151		94,644,882
TOTAL SHORT-TERM FUNDS (Cost $190,587,675)		188,786,136

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,009,241,100)

932,014,316

NET OTHER ASSETS (LIABILITIES) - 0.0%

(31,320)

NET ASSETS - 100%

$ 931,982,996

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,013,947,290. Net unrealized depreciation aggregated $81,932,974, of which $24,934,393 related to appreciated investment securities and $106,867,367 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2010 Fund

June 30, 2010

1.818356.105

F10-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 35.9%
	Shares		Value
Commodity Funds - 3.3%
Fidelity Series Commodity Strategy Fund	32,903,771		$ 327,063,480
Domestic Equity Funds - 32.6%
Fidelity Blue Chip Growth Fund	5,035,828		177,160,440
Fidelity Disciplined Equity Fund	29,964,700		579,816,935
Fidelity Equity-Income Fund	5,890,811		213,895,352
Fidelity Growth Company Fund	7,523,293		486,982,763
Fidelity Series 100 Index Fund	53,293,294		388,508,117
Fidelity Series All-Sector Equity Fund	54,438,677		579,771,909
Fidelity Series Large Cap Value Fund	56,529,484		585,080,159
Fidelity Series Small Cap Opportunities Fund (a)	12,145,847		98,745,733
Fidelity Small Cap Growth Fund (a)	4,994,984		60,739,010
Fidelity Small Cap Value Fund	4,844,656		61,381,791
TOTAL DOMESTIC EQUITY FUNDS			3,232,082,209
TOTAL DOMESTIC EQUITY FUNDS (Cost $4,035,358,071)		3,559,145,689
International Equity Funds - 11.7%

Developed International Equity Funds - 10.3%
Fidelity Diversified International Fund	11,205,495		272,293,520
Fidelity Europe Fund	4,038,247		98,290,928
Fidelity Japan Fund	4,315,862		41,648,072
Fidelity Overseas Fund	10,253,406		266,588,560
Fidelity Series International Growth Fund	17,885,102		156,136,939
Fidelity Series International Small Cap Fund	3,257,964		30,299,062
Fidelity Series International Value Fund	18,820,698		152,447,652
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			1,017,704,733
Emerging Markets Equity Funds - 1.4%
Fidelity Series Emerging Markets Fund	9,429,349		142,854,637
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,440,532,511)		1,160,559,370
Bond Funds - 41.6%
	Shares		Value
High Yield Bond Funds - 5.2%
Fidelity Capital & Income Fund	29,879,116		$ 254,868,856
Fidelity High Income Fund	30,575,945		257,755,217
TOTAL HIGH YIELD BOND FUNDS			512,624,073
Inflation-Protected Bond Funds - 6.5%
Fidelity Series Inflation-Protected Bond Index Fund	61,037,640		639,674,463
Investment Grade Bond Funds - 29.9%
Fidelity Series Investment Grade Bond Fund	194,664,177		2,281,464,148
Fidelity Strategic Real Return Fund	66,892,934		572,603,519
Fidelity Total Bond Fund	10,160,849		110,041,993
TOTAL INVESTMENT GRADE BOND FUNDS			2,964,109,660
TOTAL BOND FUNDS (Cost $4,046,750,196)		4,116,408,196
Short-Term Funds - 10.8%

Fidelity Institutional Money Market Portfolio Institutional Class	531,383,998		531,383,998
Fidelity Short-Term Bond Fund	63,387,958		534,360,487
TOTAL SHORT-TERM FUNDS (Cost $1,086,958,112)		1,065,744,485

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $10,609,598,890)

9,901,857,740

NET OTHER ASSETS (LIABILITIES) - 0.0%

(9,899)

NET ASSETS - 100%

$ 9,901,847,841

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $10,703,019,637. Net unrealized depreciation aggregated $801,161,897, of which $345,921,616 related to appreciated investment securities and $1,147,083,513 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2015 Fund

June 30, 2010

1.818357.105

F15-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 37.1%
	Shares		Value
Commodity Funds - 3.4%
Fidelity Series Commodity Strategy Fund	28,336,847		$ 281,668,263
Domestic Equity Funds - 33.7%
Fidelity Blue Chip Growth Fund	4,319,822		151,971,353
Fidelity Disciplined Equity Fund	25,716,122		497,606,952
Fidelity Equity-Income Fund	4,992,137		181,264,503
Fidelity Growth Company Fund	6,450,788		417,559,483
Fidelity Series 100 Index Fund	45,710,995		333,233,151
Fidelity Series All-Sector Equity Fund	46,790,114		498,314,718
Fidelity Series Large Cap Value Fund	48,557,670		502,571,887
Fidelity Series Small Cap Opportunities Fund (a)	10,417,825		84,696,918
Fidelity Small Cap Growth Fund (a)	4,286,335		52,121,837
Fidelity Small Cap Value Fund	4,156,644		52,664,681
TOTAL DOMESTIC EQUITY FUNDS			2,772,005,483
TOTAL DOMESTIC EQUITY FUNDS (Cost $3,280,041,296)		3,053,673,746
International Equity Funds - 12.1%

Developed International Equity Funds - 10.6%
Fidelity Diversified International Fund	9,655,024		234,617,072
Fidelity Europe Fund	3,244,576		78,972,977
Fidelity Japan Fund	3,543,600		34,195,741
Fidelity Overseas Fund	8,829,853		229,576,170
Fidelity Series International Growth Fund	15,543,901		135,698,259
Fidelity Series International Small Cap Fund	2,843,676		26,446,190
Fidelity Series International Value Fund	16,359,161		132,509,207
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			872,015,616
Emerging Markets Equity Funds - 1.5%
Fidelity Series Emerging Markets Fund	8,138,873		123,303,930
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,182,908,080)		995,319,546
Bond Funds - 41.2%
	Shares		Value
High Yield Bond Funds - 5.3%
Fidelity Capital & Income Fund	25,423,616		$ 216,863,441
Fidelity High Income Fund	26,048,081		219,585,322
TOTAL HIGH YIELD BOND FUNDS			436,448,763
Inflation-Protected Bond Funds - 6.0%
Fidelity Series Inflation-Protected Bond Index Fund	47,574,133		498,576,912
Investment Grade Bond Funds - 29.9%
Fidelity Series Investment Grade Bond Fund	161,640,089		1,894,421,836
Fidelity Strategic Real Return Fund	55,085,048		471,528,014
Fidelity Total Bond Fund	8,610,789		93,254,844
TOTAL INVESTMENT GRADE BOND FUNDS			2,459,204,694
TOTAL BOND FUNDS (Cost $3,250,572,007)		3,394,230,369
Short-Term Funds - 9.6%

Fidelity Institutional Money Market Portfolio Institutional Class	392,809,735		392,809,735
Fidelity Short-Term Bond Fund	46,864,848		395,070,672
TOTAL SHORT-TERM FUNDS (Cost $790,898,302)		787,880,407

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $8,504,419,685)

8,231,104,068

NET OTHER ASSETS (LIABILITIES) - 0.0%

(5,085)

NET ASSETS - 100%

$ 8,231,098,983

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $8,532,890,027. Net unrealized depreciation aggregated $301,785,959, of which $437,754,989 related to appreciated investment securities and $739,540,948 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2020 Fund

June 30, 2010

1.818361.105

F20-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 45.2%

Commodity Funds - 4.1%
Fidelity Series Commodity Strategy Fund	76,957,641		$ 764,958,954
Domestic Equity Funds - 41.1%
Fidelity Blue Chip Growth Fund	11,829,985		416,178,857
Fidelity Disciplined Equity Fund	70,304,885		1,360,399,531
Fidelity Equity-Income Fund	13,575,300		492,919,158
Fidelity Growth Company Fund	17,641,046		1,141,904,932
Fidelity Series 100 Index Fund	124,981,101		911,112,225
Fidelity Series All-Sector Equity Fund	128,080,576		1,364,058,138
Fidelity Series Large Cap Value Fund	132,858,095		1,375,081,286
Fidelity Series Small Cap Opportunities Fund (a)	28,471,351		231,472,088
Fidelity Small Cap Growth Fund (a)	11,721,713		142,536,034
Fidelity Small Cap Value Fund	11,368,883		144,043,747
TOTAL DOMESTIC EQUITY FUNDS			7,579,705,996
TOTAL DOMESTIC EQUITY FUNDS (Cost $8,759,734,062)		8,334,664,950
International Equity Funds - 14.8%

Developed International Equity Funds - 13.0%
Fidelity Diversified International Fund	26,444,961		642,612,545
Fidelity Europe Fund	9,248,781		225,115,332
Fidelity Japan Fund	10,060,212		97,081,045
Fidelity Overseas Fund	24,142,048		627,693,254
Fidelity Series International Growth Fund	41,923,728		365,994,147
Fidelity Series International Small Cap Fund	7,649,599		71,141,274
Fidelity Series International Value Fund	44,082,524		357,068,441
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			2,386,706,038

	Shares		Value
Emerging Markets Equity Funds - 1.8%
Fidelity Series Emerging Markets Fund	22,155,663		$ 335,658,300
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $2,999,501,263)		2,722,364,338
Bond Funds - 37.0%

High Yield Bond Funds - 7.2%
Fidelity Capital & Income Fund	77,994,769		665,295,376
Fidelity High Income Fund	79,469,597		669,928,706
TOTAL HIGH YIELD BOND FUNDS			1,335,224,082
Inflation-Protected Bond Funds - 4.4%
Fidelity Series Inflation-Protected Bond Index Fund	77,975,229		817,180,399
Investment Grade Bond Funds - 25.4%
Fidelity Series Investment Grade Bond Fund	307,257,326		3,601,055,866
Fidelity Strategic Real Return Fund	104,761,561		896,758,964
Fidelity Total Bond Fund	16,515,299		178,860,689
TOTAL INVESTMENT GRADE BOND FUNDS			4,676,675,519
TOTAL BOND FUNDS (Cost $6,557,291,631)		6,829,080,000
Short-Term Funds - 3.0%

Fidelity Institutional Money Market Portfolio Institutional Class	279,606,803		279,606,803
Fidelity Short-Term Bond Fund	33,361,620		281,238,457
TOTAL SHORT-TERM FUNDS (Cost $558,260,771)		560,845,260

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $18,874,787,727)

18,456,954,548

NET OTHER ASSETS (LIABILITIES) - 0.0%

(2,762)

NET ASSETS - 100%

$ 18,456,951,786

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $18,969,436,345. Net unrealized depreciation aggregated $512,481,797, of which $1,145,378,191 related to appreciated investment securities and $1,657,859,988 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2025 Fund

June 30, 2010

1.818369.105

F25-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 51.5%
	Shares		Value
Commodity Funds - 4.8%
Fidelity Series Commodity Strategy Fund	41,025,251		$ 407,790,994
Domestic Equity Funds - 46.7%
Fidelity Blue Chip Growth Fund	6,257,143		220,126,306
Fidelity Disciplined Equity Fund	37,165,881		719,159,799
Fidelity Equity-Income Fund	7,156,887		259,866,553
Fidelity Growth Company Fund	9,324,398		603,568,309
Fidelity Series 100 Index Fund	66,075,710		481,691,929
Fidelity Series All-Sector Equity Fund	67,763,925		721,685,802
Fidelity Series Large Cap Value Fund	70,258,355		727,173,976
Fidelity Series Small Cap Opportunities Fund (a)	15,051,054		122,365,066
Fidelity Small Cap Growth Fund (a)	6,197,813		75,365,405
Fidelity Small Cap Value Fund	6,010,240		76,149,747
TOTAL DOMESTIC EQUITY FUNDS			4,007,152,892
TOTAL DOMESTIC EQUITY FUNDS (Cost $5,149,265,945)		4,414,943,886
International Equity Funds - 16.7%

Developed International Equity Funds - 14.6%
Fidelity Diversified International Fund	13,919,639		338,247,231
Fidelity Europe Fund	4,456,210		108,464,163
Fidelity Japan Fund	4,990,968		48,162,842
Fidelity Overseas Fund	12,754,287		331,611,460
Fidelity Series International Growth Fund	22,604,396		197,336,374
Fidelity Series International Small Cap Fund	4,137,770		38,481,259
Fidelity Series International Value Fund	23,779,134		192,610,982
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			1,254,914,311
Emerging Markets Equity Funds - 2.1%
Fidelity Series Emerging Markets Fund	11,792,784		178,660,671
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,837,285,424)		1,433,574,982
Bond Funds - 31.8%
	Shares		Value
High Yield Bond Funds - 7.9%
Fidelity Capital & Income Fund	39,331,577		$ 335,498,350
Fidelity High Income Fund	40,248,492		339,294,792
TOTAL HIGH YIELD BOND FUNDS			674,793,142
Inflation-Protected Bond Funds - 2.6%
Fidelity Series Inflation-Protected Bond Index Fund	21,631,781		226,701,064
Investment Grade Bond Funds - 21.3%
Fidelity Series Investment Grade Bond Fund	120,344,227		1,410,434,336
Fidelity Strategic Real Return Fund	40,691,283		348,317,385
Fidelity Total Bond Fund	6,445,360		69,803,244
TOTAL INVESTMENT GRADE BOND FUNDS			1,828,554,965
TOTAL BOND FUNDS (Cost $2,697,976,255)		2,730,049,171
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Institutional Class	54,812		54,812
Fidelity Short-Term Bond Fund	6,548		55,200
TOTAL SHORT-TERM FUNDS (Cost $109,892)		110,012

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $9,684,637,516)

8,578,678,051

NET OTHER ASSETS (LIABILITIES) - 0.0%

(172)

NET ASSETS - 100%

$ 8,578,677,879

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $9,698,315,526. Net unrealized depreciation aggregated $1,119,637,475, of which $253,704,658 related to appreciated investment securities and $1,373,342,133 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2030 Fund

June 30, 2010

1.818370.105

F30-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 55.8%
	Shares		Value
Commodity Funds - 5.1%
Fidelity Series Commodity Strategy Fund	67,251,459		$ 668,479,507
Domestic Equity Funds - 50.7%
Fidelity Blue Chip Growth Fund	10,376,924		365,060,197
Fidelity Disciplined Equity Fund	61,646,299		1,192,855,880
Fidelity Equity-Income Fund	11,900,629		432,111,829
Fidelity Growth Company Fund	15,468,464		1,001,273,648
Fidelity Series 100 Index Fund	109,598,808		798,975,308
Fidelity Series All-Sector Equity Fund	112,315,148		1,196,156,322
Fidelity Series Large Cap Value Fund	116,493,702		1,205,709,820
Fidelity Series Small Cap Opportunities Fund (a)	24,963,938		202,956,815
Fidelity Small Cap Growth Fund (a)	10,279,102		124,993,880
Fidelity Small Cap Value Fund	9,969,266		126,310,603
TOTAL DOMESTIC EQUITY FUNDS			6,646,404,302
TOTAL DOMESTIC EQUITY FUNDS (Cost $7,816,601,245)		7,314,883,809
International Equity Funds - 18.2%

Developed International Equity Funds - 15.9%
Fidelity Diversified International Fund	23,091,501		561,123,469
Fidelity Europe Fund	7,967,212		193,921,943
Fidelity Japan Fund	8,770,214		84,632,566
Fidelity Overseas Fund	21,059,466		547,546,115
Fidelity Series International Growth Fund	36,812,181		321,370,340
Fidelity Series International Small Cap Fund	6,716,769		62,465,948
Fidelity Series International Value Fund	38,653,620		313,094,319
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			2,084,154,700
Emerging Markets Equity Funds - 2.3%
Fidelity Series Emerging Markets Fund	19,484,973		295,197,347
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $2,720,719,127)		2,379,352,047
Bond Funds - 26.0%
	Shares		Value
High Yield Bond Funds - 8.0%
Fidelity Capital & Income Fund	60,769,891		$ 518,367,167
Fidelity High Income Fund	61,994,228		522,611,346
TOTAL HIGH YIELD BOND FUNDS			1,040,978,513
Inflation-Protected Bond Funds - 0.4%
Fidelity Series Inflation-Protected Bond Index Fund	5,421,430		56,816,588
Investment Grade Bond Funds - 17.6%
Fidelity Series Investment Grade Bond Fund	151,968,309		1,781,068,583
Fidelity Strategic Real Return Fund	51,208,600		438,345,614
Fidelity Total Bond Fund	8,444,257		91,451,305
TOTAL INVESTMENT GRADE BOND FUNDS			2,310,865,502
TOTAL BOND FUNDS (Cost $3,311,131,812)		3,408,660,603

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $13,848,452,184)

13,102,896,459

NET OTHER ASSETS (LIABILITIES) - 0.0%

(138)

NET ASSETS - 100%

$ 13,102,896,321

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $13,900,792,441. Net unrealized depreciation aggregated $797,895,982, of which $747,793,356 related to appreciated investment securities and $1,545,689,338 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2035 Fund

June 30, 2010

1.818371.105

F35-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 61.4%
	Shares		Value
Commodity Funds - 5.7%
Fidelity Series Commodity Strategy Fund	31,751,853		$ 315,613,415
Domestic Equity Funds - 55.7%
Fidelity Blue Chip Growth Fund	4,838,761		170,227,624
Fidelity Disciplined Equity Fund	28,731,091		555,946,617
Fidelity Equity-Income Fund	5,541,775		201,221,863
Fidelity Growth Company Fund	7,209,450		466,667,689
Fidelity Series 100 Index Fund	51,088,128		372,432,454
Fidelity Series All-Sector Equity Fund	52,380,132		557,848,410
Fidelity Series Large Cap Value Fund	54,312,057		562,129,790
Fidelity Series Small Cap Opportunities Fund (a)	11,631,399		94,563,272
Fidelity Small Cap Growth Fund (a)	4,790,101		58,247,632
Fidelity Small Cap Value Fund	4,645,135		58,853,864
TOTAL DOMESTIC EQUITY FUNDS			3,098,139,215
TOTAL DOMESTIC EQUITY FUNDS (Cost $3,950,384,109)		3,413,752,630
International Equity Funds - 19.9%

Developed International Equity Funds - 17.4%
Fidelity Diversified International Fund	10,744,862		261,100,139
Fidelity Europe Fund	3,338,625		81,262,142
Fidelity Japan Fund	3,794,115		36,613,211
Fidelity Overseas Fund	9,863,536		256,451,939
Fidelity Series International Growth Fund	17,561,962		153,315,930
Fidelity Series International Small Cap Fund	3,217,272		29,920,633
Fidelity Series International Value Fund	18,469,554		149,603,387
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			968,267,381

	Shares		Value
Emerging Markets Equity Funds - 2.5%
Fidelity Series Emerging Markets Fund	9,142,421		$ 138,507,677
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,405,018,678)		1,106,775,058
Bond Funds - 18.7%

High Yield Bond Funds - 7.9%
Fidelity Capital & Income Fund	25,677,873		219,032,253
Fidelity High Income Fund	26,294,146		221,659,647
TOTAL HIGH YIELD BOND FUNDS			440,691,900
Investment Grade Bond Funds - 10.8%
Fidelity Series Investment Grade Bond Fund	39,537,831		463,383,381
Fidelity Strategic Real Return Fund	13,267,487		113,569,689
Fidelity Total Bond Fund	2,125,798		23,022,394
TOTAL INVESTMENT GRADE BOND FUNDS			599,975,464
TOTAL BOND FUNDS (Cost $1,033,949,209)		1,040,667,364

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $6,389,351,996)

5,561,195,052

NET OTHER ASSETS (LIABILITIES) - 0.0%

(48)

NET ASSETS - 100%

$ 5,561,195,004

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $6,399,223,582. Net unrealized depreciation aggregated $838,028,530, of which $147,990,805 related to appreciated investment securities and $986,019,335 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2040 Fund

June 30, 2010

1.818372.105

F40-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 62.3%
	Shares		Value
Commodity Funds - 5.7%
Fidelity Series Commodity Strategy Fund	44,337,912		$ 440,718,841
Domestic Equity Funds - 56.6%
Fidelity Blue Chip Growth Fund	6,826,001		240,138,719
Fidelity Disciplined Equity Fund	40,521,364		784,088,399
Fidelity Equity-Income Fund	7,829,788		284,299,606
Fidelity Growth Company Fund	10,169,948		658,300,759
Fidelity Series 100 Index Fund	72,059,495		525,313,715
Fidelity Series All-Sector Equity Fund	73,842,142		786,418,817
Fidelity Series Large Cap Value Fund	76,584,948		792,654,211
Fidelity Series Small Cap Opportunities Fund (a)	16,405,507		133,376,769
Fidelity Small Cap Growth Fund (a)	6,756,374		82,157,509
Fidelity Small Cap Value Fund	6,551,972		83,013,480
TOTAL DOMESTIC EQUITY FUNDS			4,369,761,984
TOTAL DOMESTIC EQUITY FUNDS (Cost $5,168,944,086)		4,810,480,825
International Equity Funds - 20.2%

Developed International Equity Funds - 17.7%
Fidelity Diversified International Fund	15,212,331		369,659,644
Fidelity Europe Fund	4,905,968		119,411,262
Fidelity Japan Fund	5,514,633		53,216,205
Fidelity Overseas Fund	13,939,855		362,436,228
Fidelity Series International Growth Fund	24,374,718		212,791,288
Fidelity Series International Small Cap Fund	4,457,272		41,452,631
Fidelity Series International Value Fund	25,619,580		207,518,595
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			1,366,485,853

	Shares		Value
Emerging Markets Equity Funds - 2.5%
Fidelity Series Emerging Markets Fund	12,816,952		$ 194,176,829
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,803,045,711)		1,560,662,682
Bond Funds - 17.5%

High Yield Bond Funds - 9.3%
Fidelity Capital & Income Fund	41,692,118		355,633,763
Fidelity High Income Fund	42,806,143		360,855,789
TOTAL HIGH YIELD BOND FUNDS			716,489,552
Investment Grade Bond Funds - 8.2%
Fidelity Series Investment Grade Bond Fund	41,672,346		488,399,896
Fidelity Strategic Real Return Fund	13,962,172		119,516,190
Fidelity Total Bond Fund	2,302,433		24,935,350
TOTAL INVESTMENT GRADE BOND FUNDS			632,851,436
TOTAL BOND FUNDS (Cost $1,318,324,246)		1,349,340,988

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $8,290,314,043)

7,720,484,495

NET OTHER ASSETS (LIABILITIES) - 0.0%

(11)

NET ASSETS - 100%

$ 7,720,484,484

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $8,318,834,445. Net unrealized depreciation aggregated $598,349,950, of which $399,775,506 related to appreciated investment securities and $998,125,456 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2045 Fund

June 30, 2010

1.833436.104

F45-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 63.5%
	Shares		Value
Commodity Funds - 6.0%
Fidelity Series Commodity Strategy Fund	11,645,544		$ 115,756,709
Domestic Equity Funds - 57.5%
Fidelity Blue Chip Growth Fund	1,747,801		61,487,638
Fidelity Disciplined Equity Fund	10,360,648		200,478,545
Fidelity Equity-Income Fund	1,983,760		72,030,335
Fidelity Growth Company Fund	2,599,946		168,294,535
Fidelity Series 100 Index Fund	18,426,808		134,331,427
Fidelity Series All-Sector Equity Fund	18,920,646		201,504,884
Fidelity Series Large Cap Value Fund	19,601,253		202,872,963
Fidelity Series Small Cap Opportunities Fund (a)	4,194,670		34,102,665
Fidelity Small Cap Growth Fund (a)	1,728,408		21,017,436
Fidelity Small Cap Value Fund	1,675,855		21,233,085
TOTAL DOMESTIC EQUITY FUNDS			1,117,353,513
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,243,497,806)		1,233,110,222
International Equity Funds - 20.5%

Developed International Equity Funds - 17.9%
Fidelity Diversified International Fund	3,870,029		94,041,710
Fidelity Europe Fund	1,090,856		26,551,447
Fidelity Japan Fund	1,278,331		12,335,898
Fidelity Overseas Fund	3,549,763		92,293,842
Fidelity Series International Growth Fund	6,508,230		56,816,851
Fidelity Series International Small Cap Fund	1,195,161		11,114,999
Fidelity Series International Value Fund	6,851,645		55,498,327
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			348,653,074

	Shares		Value
Emerging Markets Equity Funds - 2.6%
Fidelity Series Emerging Markets Fund	3,332,630		$ 50,489,343
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $442,028,401)		399,142,417
Bond Funds - 16.0%

High Yield Bond Funds - 10.6%
Fidelity Capital & Income Fund	11,991,695		102,289,162
Fidelity High Income Fund	12,271,968		103,452,694
TOTAL HIGH YIELD BOND FUNDS			205,741,856
Investment Grade Bond Funds - 5.4%
Fidelity Series Investment Grade Bond Fund	6,936,028		81,290,244
Fidelity Strategic Real Return Fund	2,295,076		19,645,850
Fidelity Total Bond Fund	373,698		4,047,154
TOTAL INVESTMENT GRADE BOND FUNDS			104,983,248
TOTAL BOND FUNDS (Cost $286,279,340)		310,725,104

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,971,805,547)

1,942,977,743

NET OTHER ASSETS (LIABILITIES) - 0.0%

(12)

NET ASSETS - 100%

$ 1,942,977,731

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,983,127,797. Net unrealized depreciation aggregated $40,150,054, of which $135,964,188 related to appreciated investment securities and $176,114,242 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom 2050 Fund

June 30, 2010

1.833437.104

F50-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 66.2%
	Shares		Value
Commodity Funds - 6.2%
Fidelity Series Commodity Strategy Fund	9,651,243		$ 95,933,351
Domestic Equity Funds - 60.0%
Fidelity Blue Chip Growth Fund	1,450,622		51,032,876
Fidelity Disciplined Equity Fund	8,599,006		166,390,763
Fidelity Equity-Income Fund	1,651,458		59,964,446
Fidelity Growth Company Fund	2,158,294		139,706,368
Fidelity Series 100 Index Fund	15,295,884		111,506,991
Fidelity Series All-Sector Equity Fund	15,697,698		167,180,481
Fidelity Series Large Cap Value Fund	16,264,673		168,339,366
Fidelity Series Small Cap Opportunities Fund (a)	3,482,048		28,309,047
Fidelity Small Cap Growth Fund (a)	1,434,463		17,443,074
Fidelity Small Cap Value Fund	1,390,841		17,621,957
TOTAL DOMESTIC EQUITY FUNDS			927,495,369
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,050,646,761)		1,023,428,720
International Equity Funds - 22.6%

Developed International Equity Funds - 19.8%
Fidelity Diversified International Fund	3,431,499		83,385,419
Fidelity Europe Fund	1,057,811		25,747,120
Fidelity Japan Fund	1,203,218		11,611,057
Fidelity Overseas Fund	3,131,949		81,430,677
Fidelity Series International Growth Fund	5,471,252		47,764,026
Fidelity Series International Small Cap Fund	998,438		9,285,478
Fidelity Series International Value Fund	5,751,894		46,590,340
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			305,814,117

	Shares		Value
Emerging Markets Equity Funds - 2.8%
Fidelity Series Emerging Markets Fund	2,873,203		$ 43,529,021
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $389,164,452)		349,343,138
Bond Funds - 11.2%

High Yield Bond Funds - 10.6%
Fidelity Capital & Income Fund	9,569,673		81,629,307
Fidelity High Income Fund	9,800,507		82,618,272
TOTAL HIGH YIELD BOND FUNDS			164,247,579
Investment Grade Bond Funds - 0.6%
Fidelity Series Investment Grade Bond Fund	568,299		6,660,463
Fidelity Strategic Real Return Fund	180,106		1,541,707
Fidelity Total Bond Fund	33,370		361,392
TOTAL INVESTMENT GRADE BOND FUNDS			8,563,562
TOTAL BOND FUNDS (Cost $159,529,473)		172,811,141

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $1,599,340,686)

1,545,582,999

NET OTHER ASSETS (LIABILITIES) - 0.0%

NET ASSETS - 100%

$ 1,545,582,999

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,608,928,922. Net unrealized depreciation aggregated $63,345,923, of which $101,811,749 related to appreciated investment securities and $165,157,672 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Freedom Income Fund

June 30, 2010

1.818362.105

FRI-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 15.1%
	Shares		Value
Commodity Funds - 0.7%
Fidelity Series Commodity Strategy Fund	1,972,168		$ 19,603,352
Domestic Equity Funds - 14.4%
Fidelity Blue Chip Growth Fund	599,572		21,092,937
Fidelity Disciplined Equity Fund	3,570,789		69,094,774
Fidelity Equity-Income Fund	703,871		25,557,559
Fidelity Growth Company Fund	896,644		58,039,749
Fidelity Series 100 Index Fund	6,348,931		46,283,704
Fidelity Series All-Sector Equity Fund	6,484,715		69,062,210
Fidelity Series Large Cap Value Fund	6,732,155		69,677,808
Fidelity Series Small Cap Opportunities Fund (a)	1,445,361		11,750,786
Fidelity Small Cap Growth Fund (a)	594,148		7,224,845
Fidelity Small Cap Value Fund	576,271		7,301,353
TOTAL DOMESTIC EQUITY FUNDS			359,085,725
TOTAL DOMESTIC EQUITY FUNDS (Cost $404,710,521)		404,689,077
International Equity Funds - 2.8%

Developed International Equity Funds - 2.4%
Fidelity Diversified International Fund	771,647		18,751,016
Fidelity Overseas Fund	713,259		18,544,740
Fidelity Series International Growth Fund	1,440,125		12,572,291
Fidelity Series International Small Cap Fund	267,593		2,488,618
Fidelity Series International Value Fund	1,516,753		12,285,700
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			64,642,365
Emerging Markets Equity Funds - 0.4%
Fidelity Series Emerging Markets Fund	723,316		10,958,242
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $82,356,655)		75,600,607
Bond Funds - 41.5%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund	7,878,686		$ 67,205,192
Fidelity High Income Fund	8,114,675		68,406,708
TOTAL HIGH YIELD BOND FUNDS			135,611,900
Inflation-Protected Bond Funds - 7.4%
Fidelity Series Inflation-Protected Bond Index Fund	19,075,476		199,910,992
Investment Grade Bond Funds - 29.0%
Fidelity Series Investment Grade Bond Fund	51,138,764		599,346,320
Fidelity Strategic Real Return Fund	17,427,862		149,182,502
Fidelity Total Bond Fund	2,724,066		29,501,631
TOTAL INVESTMENT GRADE BOND FUNDS			778,030,453
TOTAL BOND FUNDS (Cost $1,062,113,540)		1,113,553,345
Short-Term Funds - 40.6%

Fidelity Institutional Money Market Portfolio Institutional Class	543,525,719		543,525,719
Fidelity Short-Term Bond Fund	64,872,175		546,872,434
TOTAL SHORT-TERM FUNDS (Cost $1,108,567,658)		1,090,398,153

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $2,657,748,374)

2,684,241,182

NET OTHER ASSETS (LIABILITIES) - 0.0%

(2,840)

NET ASSETS - 100%

$ 2,684,238,342

Legend

(a) Non-income producing

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $2,663,749,912. Net unrealized appreciation aggregated $20,491,270, of which $107,862,941 related to appreciated investment securities and $87,371,671 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2000 - Class K

June 30, 2010

1.906832.100

FRX-K-X00-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 17.6%
	Shares		Value
Commodity Funds - 2.4%
Fidelity Series Commodity Strategy Fund Class F	22,140		$ 220,296
Domestic Equity Funds - 15.2%
Fidelity Spartan Total Market Index Fund Class F	47,503		1,409,427
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,778,108)		1,629,723
International Equity Funds - 3.7%

Developed International Equity Funds - 3.7%
Fidelity Series Global ex U.S. Index Fund (Cost $368,389)	37,364		339,642
Bond Funds - 38.8%

Inflation-Protected Bond Funds - 11.5%
Fidelity Series Inflation-Protected Bond Index Fund Class F	101,244		1,061,037

	Shares		Value
Investment Grade Bond Funds - 27.3%
Fidelity U.S. Bond Index Fund Class F	219,990		$ 2,521,080
TOTAL BOND FUNDS (Cost $3,493,108)		3,582,117
Short-Term Funds - 39.9%

Fidelity Institutional Money Market Portfolio Class F (Cost $3,685,054)	3,685,054		3,685,054

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $9,324,659)

9,236,536

NET OTHER ASSETS (LIABILITIES) - 0.0%

(260)

NET ASSETS - 100%

$ 9,236,276

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $9,327,762. Net unrealized depreciation aggregated $91,226, of which $89,332 related to appreciated investment securities and $180,558 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2005 - Class K

June 30, 2010

1.906834.100

FRX-K-X05-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 33.5%
	Shares		Value
Commodity Funds - 4.9%
Fidelity Series Commodity Strategy Fund Class F	16,001		$ 159,209
Domestic Equity Funds - 28.6%
Fidelity Spartan Total Market Index Fund Class F	31,706		940,713
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,179,462)		1,099,922
International Equity Funds - 9.8%

Developed International Equity Funds - 9.8%
Fidelity Series Global ex U.S. Index Fund (Cost $354,241)	35,555		323,194
Bond Funds - 36.9%

Inflation-Protected Bond Funds - 10.2%
Fidelity Series Inflation-Protected Bond Index Fund Class F	31,964		334,988

	Shares		Value
Investment Grade Bond Funds - 26.7%
Fidelity U.S. Bond Index Fund Class F	76,601		$ 877,852
TOTAL BOND FUNDS (Cost $1,185,171)		1,212,840
Short-Term Funds - 19.8%

Fidelity Institutional Money Market Portfolio Class F (Cost $650,203)	650,203		650,203

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $3,369,077)

3,286,159

NET OTHER ASSETS (LIABILITIES) - 0.0%

(69)

NET ASSETS - 100%

$ 3,286,090

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $3,370,237. Net unrealized depreciation aggregated $84,078, of which $28,437 related to appreciated investment securities and $112,515 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2010 - Class K

June 30, 2010

1.906836.100

FRX-K-X10-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 37.5%
	Shares		Value
Commodity Funds - 5.5%
Fidelity Series Commodity Strategy Fund Class F	222,402		$ 2,212,904
Domestic Equity Funds - 32.0%
Fidelity Spartan Total Market Index Fund Class F	430,543		12,774,216
TOTAL DOMESTIC EQUITY FUNDS (Cost $16,434,660)		14,987,120
International Equity Funds - 12.0%

Developed International Equity Funds - 12.0%
Fidelity Series Global ex U.S. Index Fund (Cost $5,330,968)	528,212		4,801,452
Bond Funds - 40.1%

Inflation-Protected Bond Funds - 10.6%
Fidelity Series Inflation-Protected Bond Index Fund Class F	404,124		4,235,218

	Shares		Value
Investment Grade Bond Funds - 29.5%
Fidelity U.S. Bond Index Fund Class F	1,029,013		$ 11,792,491
TOTAL BOND FUNDS (Cost $15,660,748)		16,027,709
Short-Term Funds - 10.4%

Fidelity Institutional Money Market Portfolio Class F (Cost $4,144,336)	4,144,336		4,144,336

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $41,570,712)

39,960,617

NET OTHER ASSETS (LIABILITIES) - 0.0%

(863)

NET ASSETS - 100%

$ 39,959,754

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $41,597,439. Net unrealized depreciation aggregated $1,636,822, of which $367,382 related to appreciated investment securities and $2,004,204 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2015 Fund - Class K

June 30, 2010

1.906838.100

FRX-K-X15-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 38.6%
	Shares		Value
Commodity Funds - 5.7%
Fidelity Series Commodity Strategy Fund Class F	160,121		$ 1,593,206
Domestic Equity Funds - 32.9%
Fidelity Spartan Total Market Index Fund Class F	309,690		9,188,490
TOTAL DOMESTIC EQUITY FUNDS (Cost $11,796,039)		10,781,696
International Equity Funds - 12.4%

Developed International Equity Funds - 12.4%
Fidelity Series Global ex U.S. Index Fund (Cost $3,878,544)	380,906		3,462,432
Bond Funds - 39.7%

Inflation-Protected Bond Funds - 9.7%
Fidelity Series Inflation-Protected Bond Index Fund Class F	259,481		2,719,358

	Shares		Value
Investment Grade Bond Funds - 30.0%
Fidelity U.S. Bond Index Fund Class F	729,362		$ 8,358,486
TOTAL BOND FUNDS (Cost $10,809,210)		11,077,844
Short-Term Funds - 9.3%

Fidelity Institutional Money Market Portfolio Class F (Cost $2,580,531)	2,580,531		2,580,531

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $29,064,324)

27,902,503

NET OTHER ASSETS (LIABILITIES) - 0.0%

(536)

NET ASSETS - 100%

$ 27,901,967

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $29,089,096. Net unrealized depreciation aggregated $1,186,593, of which $268,984 related to appreciated investment securities and $1,455,577 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2020 Fund - Class K

June 30, 2010

1.906840.100

FRX-K-X20-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 46.7%
	Shares		Value
Commodity Funds - 6.9%
Fidelity Series Commodity Strategy Fund Class F	637,880		$ 6,346,909
Domestic Equity Funds - 39.8%
Fidelity Spartan Total Market Index Fund Class F	1,233,540		36,599,145
TOTAL DOMESTIC EQUITY FUNDS (Cost $46,980,772)		42,946,054
International Equity Funds - 15.0%

Developed International Equity Funds - 15.0%
Fidelity Series Global ex U.S. Index Fund (Cost $15,218,400)	1,517,239		13,791,702
Bond Funds - 35.4%

Inflation-Protected Bond Funds - 7.2%
Fidelity Series Inflation-Protected Bond Index Fund Class F	632,015		6,623,520

	Shares		Value
Investment Grade Bond Funds - 28.2%
Fidelity U.S. Bond Index Fund Class F	2,264,207		$ 25,947,811
TOTAL BOND FUNDS (Cost $31,888,735)		32,571,331
Short-Term Funds - 2.9%

Fidelity Institutional Money Market Portfolio Class F (Cost $2,722,989)	2,722,989		2,722,989

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $96,810,896)

92,032,076

NET OTHER ASSETS (LIABILITIES) - 0.0%

(1,759)

NET ASSETS - 100%

$ 92,030,317

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $96,875,520. Net unrealized depreciation aggregated $4,843,444, of which $683,884 related to appreciated investment securities and $5,527,328 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2025 - Class K

June 30, 2010

1.906843.100

FRX-K-X25-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 52.8%
	Shares		Value
Commodity Funds - 7.8%
Fidelity Series Commodity Strategy Fund Class F	271,985		$ 2,706,248
Domestic Equity Funds - 45.0%
Fidelity Spartan Total Market Index Fund Class F	525,974		15,605,649
TOTAL DOMESTIC EQUITY FUNDS (Cost $19,842,624)		18,311,897
International Equity Funds - 17.0%

Developed International Equity Funds - 17.0%
Fidelity Series Global ex U.S. Index Fund (Cost $6,534,504)	646,939		5,880,677
Bond Funds - 30.2%
	Shares		Value
Inflation-Protected Bond Funds - 4.2%
Fidelity Series Inflation-Protected Bond Index Fund Class F	137,825		$ 1,444,405
Investment Grade Bond Funds - 26.0%
Fidelity U.S. Bond Index Fund Class F	786,892		9,017,787
TOTAL BOND FUNDS (Cost $10,220,569)		10,462,192

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $36,597,697)

34,654,766

NET OTHER ASSETS (LIABILITIES) - 0.0%			(573)
NET ASSETS - 100%		$ 34,654,193

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $36,645,029. Net unrealized depreciation aggregated $1,990,263, of which $242,636 related to appreciated investment securities and $2,232,899 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2030 - Class K

June 30, 2010

1.906845.100

FRX-K-X30-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 57.0%
	Shares		Value
Commodity Funds - 8.4%
Fidelity Series Commodity Strategy Fund Class F	518,663		$ 5,160,695
Domestic Equity Funds - 48.6%
Fidelity Spartan Total Market Index Fund Class F	1,002,879		29,755,419
TOTAL DOMESTIC EQUITY FUNDS (Cost $38,205,317)		34,916,114
International Equity Funds - 18.3%

Developed International Equity Funds - 18.3%
Fidelity Series Global ex U.S. Index Fund (Cost $12,376,907)	1,233,550		11,212,968
Bond Funds - 24.7%
	Shares		Value
Inflation-Protected Bond Funds - 0.7%
Fidelity Series Inflation-Protected Bond Index Fund Class F	41,286		$ 432,679
Investment Grade Bond Funds - 24.0%
Fidelity U.S. Bond Index Fund Class F	1,283,526		14,709,210
TOTAL BOND FUNDS (Cost $14,793,397)		15,141,889

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $65,375,621)

61,270,971

NET OTHER ASSETS (LIABILITIES) - 0.0%			(1,206)
NET ASSETS - 100%		$ 61,269,765

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $65,422,974. Net unrealized depreciation aggregated $4,152,003, of which $352,011 related to appreciated investment securities and $4,504,014 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2035 Fund - Class K

June 30, 2010

1.906848.100

FRX-K-35-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 62.4%
	Shares		Value
Commodity Funds - 9.2%
Fidelity Series Commodity Strategy Fund Class F	184,878		$ 1,839,539
Domestic Equity Funds - 53.2%
Fidelity Spartan Total Market Index Fund Class F	357,479		10,606,415
TOTAL DOMESTIC EQUITY FUNDS (Cost $13,532,385)		12,445,954
International Equity Funds - 20.0%

Developed International Equity Funds - 20.0%
Fidelity Series Global ex U.S. Index Fund (Cost $4,437,671)	439,703		3,996,900
Bond Funds - 17.6%
	Shares		Value
Investment Grade Bond Funds - 17.6%
Fidelity U.S. Bond Index Fund Class F (Cost $3,434,220)	307,271		$ 3,521,323

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $21,404,276)

19,964,177

NET OTHER ASSETS (LIABILITIES) - 0.0%

(415)

NET ASSETS - 100%

$ 19,963,762

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $21,424,934. Net unrealized depreciation aggregated $1,460,757, of which $88,820 related to appreciated investment securities and $1,549,577 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2040 - Class K

June 30, 2010

1.906850.100

FRX-K-X40-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 63.2%
	Shares		Value
Commodity Funds - 9.3%
Fidelity Series Commodity Strategy Fund Class F	362,082		$ 3,602,715
Domestic Equity Funds - 53.9%
Fidelity Spartan Total Market Index Fund Class F	700,129		20,772,813
TOTAL DOMESTIC EQUITY FUNDS (Cost $26,668,762)		24,375,528
International Equity Funds - 20.3%

Developed International Equity Funds - 20.3%
Fidelity Series Global ex U.S. Index Fund (Cost $8,600,593)	861,162		7,827,967
Bond Funds - 16.5%
	Shares		Value
Investment Grade Bond Funds - 16.5%
Fidelity U.S. Bond Index Fund Class F (Cost $6,201,130)	553,696		$ 6,345,359

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $41,470,485)

38,548,854

NET OTHER ASSETS (LIABILITIES) - 0.0%

(926)

NET ASSETS - 100%

$ 38,547,928

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $41,506,911. Net unrealized depreciation aggregated $2,958,057, of which $148,595 related to appreciated investment securities and $3,106,652 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2045 Fund - Class K

June 30, 2010

1.906853.100

FRX-K-X45-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 64.3%
	Shares		Value
Commodity Funds - 9.5%
Fidelity Series Commodity Strategy Fund Class F	67,775		$ 674,366
Domestic Equity Funds - 54.8%
Fidelity Spartan Total Market Index Fund Class F	131,040		3,887,942
TOTAL DOMESTIC EQUITY FUNDS (Cost $4,990,675)		4,562,308
International Equity Funds - 20.6%

Developed International Equity Funds - 20.6%
Fidelity Series Global ex U.S. Index Fund (Cost $1,625,215)	161,182		1,465,141
Bond Funds - 15.1%
	Shares		Value
Investment Grade Bond Funds - 15.1%
Fidelity U.S. Bond Index Fund Class F (Cost $1,046,049)	93,738		$ 1,074,233

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $7,661,939)

7,101,682

NET OTHER ASSETS (LIABILITIES) - 0.0%

(180)

NET ASSETS - 100%

$ 7,101,502

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $7,670,009. Net unrealized depreciation aggregated $568,327, of which $29,576 related to appreciated investment securities and $597,903 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SM2050 Fund - Class K

June 30, 2010

1.906855.100

FRX-K-X50-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 66.9%
	Shares		Value
Commodity Funds - 10.0%
Fidelity Series Commodity Strategy Fund Class F	63,429		$ 631,118
Domestic Equity Funds - 56.9%
Fidelity Spartan Total Market Index Fund Class F	121,068		3,592,094
TOTAL DOMESTIC EQUITY FUNDS (Cost $4,630,610)		4,223,212
International Equity Funds - 22.5%

Developed International Equity Funds - 22.5%
Fidelity Series Global ex U.S. Index Fund (Cost $1,543,066)	156,062		1,418,604
Bond Funds - 10.6%
	Shares		Value
Investment Grade Bond Funds - 10.6%
Fidelity U.S. Bond Index Fund Class F (Cost $654,839)	58,322		$ 668,371

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $6,828,515)

6,310,187

NET OTHER ASSETS (LIABILITIES) - 0.0%

(163)

NET ASSETS - 100%

$ 6,310,024

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $6,836,589. Net unrealized depreciation aggregated $526,402, of which $15,145 related to appreciated investment securities and $541,547 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom Index^SMIncome - Class K

June 30, 2010

1.906830.100

FRX-K-INC-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 16.4%
	Shares		Value
Commodity Funds - 2.0%
Fidelity Series Commodity Strategy Fund Class F	23,501		$ 233,831
Domestic Equity Funds - 14.4%
Fidelity Spartan Total Market Index Fund Class F	56,148		1,665,915
TOTAL DOMESTIC EQUITY FUNDS (Cost $2,079,658)		1,899,746
International Equity Funds - 3.5%

Developed International Equity Funds - 3.5%
Fidelity Series Global ex U.S. Index Fund (Cost $431,696)	43,934		399,359
Bond Funds - 40.1%

Inflation-Protected Bond Funds - 12.0%
Fidelity Series Inflation-Protected Bond Index Fund Class F	132,596		1,389,604

	Shares		Value
Investment Grade Bond Funds - 28.1%
Fidelity U.S. Bond Index Fund Class F	283,709		$ 3,251,304
TOTAL BOND FUNDS (Cost $4,536,189)		4,640,908
Short-Term Funds - 40.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $4,631,133)	4,631,133		4,631,133

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $11,678,676)

11,571,146

NET OTHER ASSETS (LIABILITIES) - 0.0%

(325)

NET ASSETS - 100%

$ 11,570,821

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $11,681,480. Net unrealized depreciation aggregated $110,334, of which $105,042 related to appreciated investment securities and $215,376 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2000 Fund

June 30, 2010

1.907102.100

FF-K-00-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 16.8%
	Shares		Value
Commodity Funds - 1.4%
Fidelity Series Commodity Strategy Fund Class F	298,120		$ 2,966,294
Domestic Equity Funds - 15.4%
Fidelity Blue Chip Growth Fund Class F	49,757		1,752,933
Fidelity Disciplined Equity Fund Class F	296,677		5,740,690
Fidelity Equity-Income Fund Class F	58,766		2,135,540
Fidelity Growth Company Fund Class F	74,529		4,824,230
Fidelity Series 100 Index Fund	527,673		3,846,738
Fidelity Series All-Sector Equity Fund Class F	538,401		5,739,354
Fidelity Series Large Cap Value Fund Class F	558,572		5,786,811
Fidelity Series Small Cap Opportunities Fund Class F	119,748		975,948
Fidelity Small Cap Growth Fund Class F	49,193		600,160
Fidelity Small Cap Value Fund Class F	47,883		607,159
TOTAL DOMESTIC EQUITY FUNDS			32,009,563
TOTAL DOMESTIC EQUITY FUNDS (Cost $38,539,893)		34,975,857
International Equity Funds - 3.0%

Developed International Equity Funds - 2.6%
Fidelity Diversified International Fund Class F	64,333		1,563,281
Fidelity Europe Fund Class F	677		16,492
Fidelity Japan Fund Class F	1,501		14,496
Fidelity Overseas Fund Class F	59,462		1,546,018
Fidelity Series International Growth Fund Class F	118,606		1,036,619
Fidelity Series International Small Cap Fund Class F	22,159		206,526
Fidelity Series International Value Fund Class F	124,875		1,012,739
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			5,396,171
Emerging Markets Equity Funds - 0.4%
Fidelity Series Emerging Markets Fund Class F	59,922		909,611
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $6,938,325)		6,305,782
Bond Funds - 39.7%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund Class F	613,387		$ 5,226,058
Fidelity High Income Fund Class F	631,138		5,320,490
TOTAL HIGH YIELD BOND FUNDS			10,546,548
Inflation-Protected Bond Funds - 7.1%
Fidelity Series Inflation-Protected Bond Index Fund Class F	1,415,659		14,836,101
Investment Grade Bond Funds - 27.5%
Fidelity Series Investment Grade Bond Fund Class F	3,764,533		44,120,332
Fidelity Strategic Real Return Fund Class F	1,293,801		11,074,935
Fidelity Total Bond Fund Class F	199,302		2,158,439
TOTAL INVESTMENT GRADE BOND FUNDS			57,353,706
TOTAL BOND FUNDS (Cost $81,860,776)		82,736,355
Short-Term Funds - 40.5%

Fidelity Institutional Money Market Portfolio Class F	42,175,661		42,175,661
Fidelity Short Term Bond Fund Class F	5,033,330		42,430,975
TOTAL SHORT-TERM FUNDS (Cost $84,287,485)		84,606,636

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $211,626,479)

208,624,630

NET OTHER ASSETS (LIABILITIES) - 0.0%

(8,608)

NET ASSETS - 100%

$ 208,616,022

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $211,792,870. Net unrealized depreciation aggregated $3,168,240, of which $1,694,194 related to appreciated investment securities and $4,862,434 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2005 Fund

June 30, 2010

1.907104.100

FF-K-05-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 32.0%
	Shares		Value
Commodity Funds - 2.9%
Fidelity Series Commodity Strategy Fund Class F	281,958		$ 2,805,485
Domestic Equity Funds - 29.1%
Fidelity Blue Chip Growth Fund Class F	43,961		1,548,761
Fidelity Disciplined Equity Fund Class F	261,834		5,066,481
Fidelity Equity-Income Fund Class F	50,898		1,849,624
Fidelity Growth Company Fund Class F	65,705		4,253,062
Fidelity Series 100 Index Fund	465,553		3,393,883
Fidelity Series All-Sector Equity Fund Class F	476,335		5,077,736
Fidelity Series Large Cap Value Fund Class F	493,911		5,116,914
Fidelity Series Small Cap Opportunities Fund Class F	105,737		861,758
Fidelity Small Cap Growth Fund Class F	43,499		530,682
Fidelity Small Cap Value Fund Class F	42,311		536,500
TOTAL DOMESTIC EQUITY FUNDS			28,235,401
TOTAL DOMESTIC EQUITY FUNDS (Cost $33,405,630)		31,040,886
International Equity Funds - 9.5%

Developed International Equity Funds - 8.3%
Fidelity Diversified International Fund Class F	89,022		2,163,236
Fidelity Europe Fund Class F	30,504		743,381
Fidelity Japan Fund Class F	33,048		319,246
Fidelity Overseas Fund Class F	81,443		2,117,509
Fidelity Series International Growth Fund Class F	143,086		1,250,573
Fidelity Series International Small Cap Fund Class F	26,145		243,671
Fidelity Series International Value Fund Class F	150,666		1,221,903
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			8,059,519
Emerging Markets Equity Funds - 1.2%
Fidelity Series Emerging Markets Fund Class F	74,942		1,137,626
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $10,146,812)		9,197,145
Bond Funds - 38.2%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund Class F	288,996		$ 2,462,244
Fidelity High Income Fund Class F	296,913		2,502,980
TOTAL HIGH YIELD BOND FUNDS			4,965,224
Inflation-Protected Bond Funds - 6.4%
Fidelity Series Inflation-Protected Bond Index Fund Class F	588,568		6,168,191
Investment Grade Bond Funds - 26.7%
Fidelity Series Investment Grade Bond Fund Class F	1,700,779		19,933,122
Fidelity Strategic Real Return Fund Class F	583,195		4,992,149
Fidelity Total Bond Fund Class F	88,896		962,748
TOTAL INVESTMENT GRADE BOND FUNDS			25,888,019
TOTAL BOND FUNDS (Cost $36,438,589)		37,021,434
Short-Term Funds - 20.3%

Fidelity Institutional Money Market Portfolio Class F	9,782,678		9,782,678
Fidelity Short Term Bond Fund Class F	1,167,136		9,838,955
TOTAL SHORT-TERM FUNDS (Cost $19,543,848)		19,621,633

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $99,534,879)

96,881,098

NET OTHER ASSETS (LIABILITIES) - 0.0%

(4,038)

NET ASSETS - 100%

$ 96,877,060

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $99,790,903. Net unrealized depreciation aggregated $2,909,805, of which $808,539 related to appreciated investment securities and $3,718,344 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2010 Fund

June 30, 2010

1.907106.100

FF-K-10-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 35.9%
	Shares		Value
Commodity Funds - 3.3%
Fidelity Series Commodity Strategy Fund Class F	3,480,113		$ 34,627,126
Domestic Equity Funds - 32.6%
Fidelity Blue Chip Growth Fund Class F	533,148		18,782,802
Fidelity Disciplined Equity Fund Class F	3,176,838		61,471,824
Fidelity Equity-Income Fund Class F	624,188		22,683,010
Fidelity Growth Company Fund Class F	797,592		51,628,148
Fidelity Series 100 Index Fund	5,650,190		41,189,883
Fidelity Series All-Sector Equity Fund Class F	5,771,017		61,519,037
Fidelity Series Large Cap Value Fund Class F	5,987,664		62,032,203
Fidelity Series Small Cap Opportunities Fund Class F	1,283,100		10,457,265
Fidelity Small Cap Growth Fund Class F	527,475		6,435,200
Fidelity Small Cap Value Fund Class F	513,208		6,507,479
TOTAL DOMESTIC EQUITY FUNDS			342,706,851
TOTAL DOMESTIC EQUITY FUNDS (Cost $408,879,098)		377,333,977
International Equity Funds - 11.7%

Developed International Equity Funds - 10.3%
Fidelity Diversified International Fund Class F	1,187,889		28,865,691
Fidelity Europe Fund Class F	427,307		10,413,482
Fidelity Japan Fund Class F	456,471		4,409,514
Fidelity Overseas Fund Class F	1,087,267		28,268,950
Fidelity Series International Growth Fund Class F	1,893,452		16,548,770
Fidelity Series International Small Cap Fund Class F	344,863		3,214,126
Fidelity Series International Value Fund Class F	1,992,372		16,158,135
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			107,878,668
Emerging Markets Equity Funds - 1.4%
Fidelity Series Emerging Markets Fund Class F	997,316		15,139,260
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $136,088,109)		123,017,928
Bond Funds - 41.6%
	Shares		Value
High Yield Bond Funds - 5.2%
Fidelity Capital & Income Fund Class F	3,167,605		$ 26,987,993
Fidelity High Income Fund Class F	3,241,242		27,323,673
TOTAL HIGH YIELD BOND FUNDS			54,311,666
Inflation-Protected Bond Funds - 6.5%
Fidelity Series Inflation-Protected Bond Index Fund Class F	6,468,326		67,788,062
Investment Grade Bond Funds - 29.9%
Fidelity Series Investment Grade Bond Fund Class F	20,621,784		241,687,313
Fidelity Strategic Real Return Fund Class F	7,092,139		60,708,711
Fidelity Total Bond Fund Class F	1,078,784		11,683,225
TOTAL INVESTMENT GRADE BOND FUNDS			314,079,249
TOTAL BOND FUNDS (Cost $430,058,761)		436,178,977
Short-Term Funds - 10.8%

Fidelity Institutional Money Market Portfolio Class F	56,334,077		56,334,077
Fidelity Short Term Bond Fund Class F	6,720,164		56,650,982
TOTAL SHORT-TERM FUNDS (Cost $112,533,504)		112,985,059

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,087,559,472)

1,049,515,941

NET OTHER ASSETS (LIABILITIES) - 0.0%

(43,204)

NET ASSETS - 100%

$ 1,049,472,737

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,089,943,398. Net unrealized depreciation aggregated $40,427,457, of which $8,346,248 related to appreciated investment securities and $48,773,705 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2015 Fund

June 30, 2010

1.907108.100

FF-K-15-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 37.1%
	Shares		Value
Commodity Funds - 3.4%
Fidelity Series Commodity Strategy Fund Class F	4,112,452		$ 40,918,902
Domestic Equity Funds - 33.7%
Fidelity Blue Chip Growth Fund Class F	627,751		22,115,660
Fidelity Disciplined Equity Fund Class F	3,742,740		72,422,026
Fidelity Equity-Income Fund Class F	726,684		26,407,682
Fidelity Growth Company Fund Class F	938,851		60,771,840
Fidelity Series 100 Index Fund	6,653,044		48,500,694
Fidelity Series All-Sector Equity Fund Class F	6,808,249		72,575,930
Fidelity Series Large Cap Value Fund Class F	7,060,062		73,142,247
Fidelity Series Small Cap Opportunities Fund Class F	1,510,991		12,314,574
Fidelity Small Cap Growth Fund Class F	621,413		7,581,233
Fidelity Small Cap Value Fund Class F	604,510		7,665,193
TOTAL DOMESTIC EQUITY FUNDS			403,497,079
TOTAL DOMESTIC EQUITY FUNDS (Cost $477,128,730)		444,415,981
International Equity Funds - 12.1%

Developed International Equity Funds - 10.6%
Fidelity Diversified International Fund Class F	1,405,174		34,145,729
Fidelity Europe Fund Class F	471,847		11,498,921
Fidelity Japan Fund Class F	515,091		4,975,775
Fidelity Overseas Fund Class F	1,285,423		33,421,008
Fidelity Series International Growth Fund Class F	2,256,668		19,723,277
Fidelity Series International Small Cap Fund Class F	412,894		3,848,176
Fidelity Series International Value Fund Class F	2,374,739		19,259,135
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			126,872,021
Emerging Markets Equity Funds - 1.5%
Fidelity Series Emerging Markets Fund Class F	1,181,722		17,938,533
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $160,058,956)		144,810,554
Bond Funds - 41.2%
	Shares		Value
High Yield Bond Funds - 5.3%
Fidelity Capital & Income Fund Class F	3,700,136		$ 31,525,157
Fidelity High Income Fund Class F	3,790,879		31,957,107
TOTAL HIGH YIELD BOND FUNDS			63,482,264
Inflation-Protected Bond Funds - 6.0%
Fidelity Series Inflation-Protected Bond Index Fund Class F	6,917,982		72,500,449
Investment Grade Bond Funds - 29.9%
Fidelity Series Investment Grade Bond Fund Class F	23,500,870		275,430,200
Fidelity Strategic Real Return Fund Class F	8,028,189		68,721,300
Fidelity Total Bond Fund Class F	1,254,789		13,589,368
TOTAL INVESTMENT GRADE BOND FUNDS			357,740,868
TOTAL BOND FUNDS (Cost $485,831,388)		493,723,581
Short-Term Funds - 9.6%

Fidelity Institutional Money Market Portfolio Class F	57,166,355		57,166,355
Fidelity Short Term Bond Fund Class F	6,820,586		57,497,544
TOTAL SHORT-TERM FUNDS (Cost $114,179,568)		114,663,899

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,237,198,642)

1,197,614,015

NET OTHER ASSETS (LIABILITIES) - 0.0%

(49,505)

NET ASSETS - 100%

$ 1,197,564,510

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,238,925,733. Net unrealized depreciation aggregated $41,311,718, of which $10,077,134 related to appreciated investment securities and $51,388,852 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2020 Fund

June 30, 2010

1.907110.100

FF-K-20-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 45.2%
	Shares		Value
Commodity Funds - 4.1%
Fidelity Series Commodity Strategy Fund Class F	10,046,359		$ 99,961,271
Domestic Equity Funds - 41.1%
Fidelity Blue Chip Growth Fund Class F	1,546,732		54,491,362
Fidelity Disciplined Equity Fund Class F	9,205,066		178,118,021
Fidelity Equity-Income Fund Class F	1,777,384		64,590,145
Fidelity Growth Company Fund Class F	2,309,739		149,509,404
Fidelity Series 100 Index Fund	16,364,308		119,295,808
Fidelity Series All-Sector Equity Fund Class F	16,766,610		178,732,059
Fidelity Series Large Cap Value Fund Class F	17,378,169		180,037,833
Fidelity Series Small Cap Opportunities Fund Class F	3,714,882		30,276,292
Fidelity Small Cap Growth Fund Class F	1,528,737		18,650,586
Fidelity Small Cap Value Fund Class F	1,487,296		18,858,918
TOTAL DOMESTIC EQUITY FUNDS			992,560,428
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,180,737,985)		1,092,521,699
International Equity Funds - 14.8%

Developed International Equity Funds - 13.0%
Fidelity Diversified International Fund Class F	3,462,372		84,135,630
Fidelity Europe Fund Class F	1,209,244		29,469,270
Fidelity Japan Fund Class F	1,314,671		12,699,721
Fidelity Overseas Fund Class F	3,161,868		82,208,576
Fidelity Series International Growth Fund Class F	5,476,579		47,865,301
Fidelity Series International Small Cap Fund Class F	999,220		9,312,728
Fidelity Series International Value Fund Class F	5,757,922		46,696,750
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			312,387,976
Emerging Markets Equity Funds - 1.8%
Fidelity Series Emerging Markets Fund Class F	2,892,778		43,912,368
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $393,846,172)		356,300,344
Bond Funds - 37.0%
	Shares		Value
High Yield Bond Funds - 7.2%
Fidelity Capital & Income Fund Class F	10,210,574		$ 86,994,089
Fidelity High Income Fund Class F	10,402,561		87,693,588
TOTAL HIGH YIELD BOND FUNDS			174,687,677
Inflation-Protected Bond Funds - 4.4%
Fidelity Series Inflation-Protected Bond Index Fund Class F	10,198,190		106,877,032
Investment Grade Bond Funds - 25.4%
Fidelity Series Investment Grade Bond Fund Class F	40,187,764		471,000,593
Fidelity Strategic Real Return Fund Class F	13,725,789		117,492,758
Fidelity Total Bond Fund Class F	2,166,844		23,466,924
TOTAL INVESTMENT GRADE BOND FUNDS			611,960,275
TOTAL BOND FUNDS (Cost $882,709,987)		893,524,984
Short-Term Funds - 3.0%

Fidelity Institutional Money Market Portfolio Class F	36,598,310		36,598,310
Fidelity Short Term Bond Fund Class F	4,366,620		36,810,609
TOTAL SHORT-TERM FUNDS (Cost $73,135,228)		73,408,919

TOTAL INVESTMENT
PORTFOLIO - 100.0%

(Cost $2,530,429,372)

2,415,755,946

NET OTHER ASSETS (LIABILITIES) - 0.0%

(99,390)

NET ASSETS - 100%

$ 2,415,656,556

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $2,536,010,050. Net unrealized depreciation aggregated $120,254,104, of which $16,089,960 related to appreciated investment securities and $136,344,064 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®2025 Fund

June 30, 2010

1.907113.100

FF-K-25-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 51.5%
	Shares		Value
Commodity Funds - 4.8%
Fidelity Series Commodity Strategy Fund Class F	5,824,121		$ 57,950,005
Domestic Equity Funds - 46.7%
Fidelity Blue Chip Growth Fund Class F	888,540		31,303,274
Fidelity Disciplined Equity Fund Class F	5,283,679		102,239,191
Fidelity Equity-Income Fund Class F	1,015,670		36,909,456
Fidelity Growth Company Fund Class F	1,325,569		85,804,090
Fidelity Series 100 Index Fund	9,393,899		68,481,525
Fidelity Series All-Sector Equity Fund Class F	9,635,299		102,712,292
Fidelity Series Large Cap Value Fund Class F	9,980,294		103,395,848
Fidelity Series Small Cap Opportunities Fund Class F	2,132,429		17,379,293
Fidelity Small Cap Growth Fund Class F	877,774		10,708,842
Fidelity Small Cap Value Fund Class F	853,923		10,827,737
TOTAL DOMESTIC EQUITY FUNDS			569,761,548
TOTAL DOMESTIC EQUITY FUNDS (Cost $675,984,365)		627,711,553
International Equity Funds - 16.7%

Developed International Equity Funds - 14.6%
Fidelity Diversified International Fund Class F	1,978,113		48,068,156
Fidelity Europe Fund Class F	631,910		15,399,644
Fidelity Japan Fund Class F	707,626		6,835,668
Fidelity Overseas Fund Class F	1,813,087		47,140,270
Fidelity Series International Growth Fund Class F	3,212,929		28,081,003
Fidelity Series International Small Cap Fund Class F	588,149		5,481,551
Fidelity Series International Value Fund Class F	3,379,870		27,410,748
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			178,417,040
Emerging Markets Equity Funds - 2.1%
Fidelity Series Emerging Markets Fund Class F	1,674,085		25,412,605
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $225,840,255)		203,829,645
Bond Funds - 31.8%
	Shares		Value
High Yield Bond Funds - 7.9%
Fidelity Capital & Income Fund Class F	5,592,203		$ 47,645,568
Fidelity High Income Fund Class F	5,722,211		48,238,240
TOTAL HIGH YIELD BOND FUNDS			95,883,808
Inflation-Protected Bond Funds - 2.6%
Fidelity Series Inflation-Protected Bond Index Fund Class F	3,077,290		32,250,004
Investment Grade Bond Funds - 21.3%
Fidelity Series Investment Grade Bond Fund Class F	17,097,010		200,376,956
Fidelity Strategic Real Return Fund Class F	5,781,806		49,492,261
Fidelity Total Bond Fund Class F	915,585		9,915,788
TOTAL INVESTMENT GRADE BOND FUNDS			259,785,005
TOTAL BOND FUNDS (Cost $382,938,507)		387,918,817
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F	8,080		8,080
Fidelity Short Term Bond Fund Class F	966		8,142
TOTAL SHORT-TERM FUNDS (Cost $16,161)		16,222

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,284,779,288)

1,219,476,237

NET OTHER ASSETS (LIABILITIES) - 0.0%			(51,106)
NET ASSETS - 100%		$ 1,219,425,131

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. 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, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,287,030,254. Net unrealized depreciation aggregated $67,554,017, of which $7,443,130 related to appreciated investment securities and $74,997,147 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K^SM2030 Fund

June 30, 2010

1.907115.100

FF-K-30-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 55.8%
	Shares		Value
Commodity Funds - 5.1%
Fidelity Series Commodity Strategy Fund Class F	8,810,249		$ 87,661,981
Domestic Equity Funds - 50.7%
Fidelity Blue Chip Growth Fund Class F	1,361,014		47,948,530
Fidelity Disciplined Equity Fund Class F	8,096,496		156,667,200
Fidelity Equity-Income Fund Class F	1,562,417		56,778,221
Fidelity Growth Company Fund Class F	2,031,578		131,504,030
Fidelity Series 100 Index Fund	14,394,756		104,937,772
Fidelity Series All-Sector Equity Fund Class F	14,749,805		157,232,918
Fidelity Series Large Cap Value Fund Class F	15,285,538		158,358,178
Fidelity Series Small Cap Opportunities Fund Class F	3,267,556		26,630,579
Fidelity Small Cap Growth Fund Class F	1,344,894		16,407,708
Fidelity Small Cap Value Fund Class F	1,308,364		16,590,060
TOTAL DOMESTIC EQUITY FUNDS			873,055,196
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,035,069,311)		960,717,177
International Equity Funds - 18.2%

Developed International Equity Funds - 15.9%
Fidelity Diversified International Fund Class F	3,032,711		73,694,872
Fidelity Europe Fund Class F	1,045,242		25,472,540
Fidelity Japan Fund Class F	1,150,362		11,112,500
Fidelity Overseas Fund Class F	2,766,750		71,935,513
Fidelity Series International Growth Fund Class F	4,825,791		42,177,414
Fidelity Series International Small Cap Fund Class F	880,496		8,206,219
Fidelity Series International Value Fund Class F	5,066,699		41,090,930
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			273,689,988

	Shares		Value
Emerging Markets Equity Funds - 2.3%
Fidelity Series Emerging Markets Fund Class F	2,553,591		$ 38,763,519
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $346,966,311)		312,453,507
Bond Funds - 26.0%

High Yield Bond Funds - 8.0%
Fidelity Capital & Income Fund Class F	7,981,325		68,000,891
Fidelity High Income Fund Class F	8,141,610		68,633,774
TOTAL HIGH YIELD BOND FUNDS			136,634,665
Inflation-Protected Bond Funds - 0.4%
Fidelity Series Inflation-Protected Bond Index Fund Class F	710,948		7,450,738
Investment Grade Bond Funds - 17.6%
Fidelity Series Investment Grade Bond Fund Class F	19,935,030		233,638,549
Fidelity Strategic Real Return Fund Class F	6,731,398		57,620,765
Fidelity Total Bond Fund Class F	1,110,004		12,021,343
TOTAL INVESTMENT GRADE BOND FUNDS			303,280,657
TOTAL BOND FUNDS (Cost $442,879,478)		447,366,060
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $2)	2		2

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,824,915,102)

1,720,536,746

NET OTHER ASSETS (LIABILITIES) - 0.0%			(72,153)
NET ASSETS - 100%		$ 1,720,464,593

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,828,568,277. Net unrealized depreciation aggregated $108,031,531, of which $8,539,600 related to appreciated investment securities and $116,571,131 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K^SM2035 Fund

June 30, 2010

1.907117.100

FF-K-35-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 61.4%
	Shares		Value
Commodity Funds - 5.7%
Fidelity Series Commodity Strategy Fund Class F	4,586,817		$ 45,638,833
Domestic Equity Funds - 55.7%
Fidelity Blue Chip Growth Fund Class F	699,104		24,629,421
Fidelity Disciplined Equity Fund Class F	4,155,917		80,416,985
Fidelity Equity-Income Fund Class F	800,233		29,080,456
Fidelity Growth Company Fund Class F	1,042,819		67,501,666
Fidelity Series 100 Index Fund	7,389,922		53,872,533
Fidelity Series All-Sector Equity Fund Class F	7,577,859		80,779,972
Fidelity Series Large Cap Value Fund Class F	7,849,573		81,321,580
Fidelity Series Small Cap Opportunities Fund Class F	1,676,882		13,666,590
Fidelity Small Cap Growth Fund Class F	690,335		8,422,089
Fidelity Small Cap Value Fund Class F	671,505		8,514,680
TOTAL DOMESTIC EQUITY FUNDS			448,205,972
TOTAL DOMESTIC EQUITY FUNDS (Cost $531,479,766)		493,844,805
International Equity Funds - 19.9%

Developed International Equity Funds - 17.4%
Fidelity Diversified International Fund Class F	1,553,529		37,750,765
Fidelity Europe Fund Class F	481,890		11,743,656
Fidelity Japan Fund Class F	547,655		5,290,343
Fidelity Overseas Fund Class F	1,426,561		37,090,573
Fidelity Series International Growth Fund Class F	2,539,480		22,195,056
Fidelity Series International Small Cap Fund Class F	465,167		4,335,352
Fidelity Series International Value Fund Class F	2,670,602		21,658,581
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			140,064,326

	Shares		Value
Emerging Markets Equity Funds - 2.5%
Fidelity Series Emerging Markets Fund Class F	1,320,960		$ 20,052,173
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $177,506,993)		160,116,499
Bond Funds - 18.7%

High Yield Bond Funds - 7.9%
Fidelity Capital & Income Fund Class F	3,714,745		31,649,628
Fidelity High Income Fund Class F	3,803,832		32,066,305
TOTAL HIGH YIELD BOND FUNDS			63,715,933
Investment Grade Bond Funds - 10.8%
Fidelity Series Investment Grade Bond Fund Class F	5,714,032		66,968,459
Fidelity Strategic Real Return Fund Class F	1,919,471		16,430,674
Fidelity Total Bond Fund Class F	307,139		3,326,316
TOTAL INVESTMENT GRADE BOND FUNDS			86,725,449
TOTAL BOND FUNDS (Cost $149,131,919)		150,441,382
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $2)	2		2

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $858,118,680)

804,402,688

NET OTHER ASSETS (LIABILITIES) - 0.0%			(33,973)
NET ASSETS - 100%		$ 804,368,715

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $859,913,494. Net unrealized depreciation aggregated $55,510,806, of which $3,039,130 related to appreciated investment securities and $58,549,936 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K^SM 2040 Fund

June 30, 2010

1.907119.100

FF-K-40-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 62.3%
	Shares		Value
Commodity Funds - 5.7%
Fidelity Series Commodity Strategy Fund Class F	5,644,299		$ 56,160,778
Domestic Equity Funds - 56.6%
Fidelity Blue Chip Growth Fund Class F	869,722		30,640,320
Fidelity Disciplined Equity Fund Class F	5,169,607		100,031,887
Fidelity Equity-Income Fund Class F	998,086		36,270,432
Fidelity Growth Company Fund Class F	1,297,450		83,983,935
Fidelity Series 100 Index Fund	9,193,449		67,020,246
Fidelity Series All-Sector Equity Fund Class F	9,420,368		100,421,127
Fidelity Series Large Cap Value Fund Class F	9,761,514		101,129,290
Fidelity Series Small Cap Opportunities Fund Class F	2,085,796		16,999,236
Fidelity Small Cap Growth Fund Class F	858,637		10,475,369
Fidelity Small Cap Value Fund Class F	835,308		10,591,700
TOTAL DOMESTIC EQUITY FUNDS			557,563,542
TOTAL DOMESTIC EQUITY FUNDS (Cost $662,435,239)		613,724,320
International Equity Funds - 20.2%

Developed International Equity Funds - 17.7%
Fidelity Diversified International Fund Class F	1,940,450		47,152,934
Fidelity Europe Fund Class F	624,894		15,228,666
Fidelity Japan Fund Class F	702,275		6,783,972
Fidelity Overseas Fund Class F	1,778,693		46,246,027
Fidelity Series International Growth Fund Class F	3,105,531		27,142,345
Fidelity Series International Small Cap Fund Class F	567,805		5,291,944
Fidelity Series International Value Fund Class F	3,263,954		26,470,668
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			174,316,556

	Shares		Value
Emerging Markets Equity Funds - 2.5%
Fidelity Series Emerging Markets Fund Class F	1,631,967		$ 24,773,261
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $220,764,913)		199,089,817
Bond Funds - 17.5%

High Yield Bond Funds - 9.3%
Fidelity Capital & Income Fund Class F	5,319,080		45,318,560
Fidelity High Income Fund Class F	5,460,936		46,035,688
TOTAL HIGH YIELD BOND FUNDS			91,354,248
Investment Grade Bond Funds - 8.2%
Fidelity Series Investment Grade Bond Fund Class F	5,310,994		62,244,855
Fidelity Strategic Real Return Fund Class F	1,782,022		15,254,105
Fidelity Total Bond Fund Class F	293,864		3,182,546
TOTAL INVESTMENT GRADE BOND FUNDS			80,681,506
TOTAL BOND FUNDS (Cost $171,198,191)		172,035,754
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $3)	3		3

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $1,054,398,346)

984,849,894

NET OTHER ASSETS (LIABILITIES) - 0.0%

(41,381)

NET ASSETS - 100%

$ 984,808,513

Other Information

All investments are categorized as Level 1. 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 please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $1,056,986,858. Net unrealized depreciation aggregated $72,136,964, of which $3,175,574 related to appreciated investment securities and $75,312,538 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K^SM2045 Fund

June 30, 2010

1.907121.100

FF-K-45-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 63.5%
	Shares		Value
Commodity Funds - 6.0%
Fidelity Series Commodity Strategy Fund Class F	1,515,498		$ 15,079,208
Domestic Equity Funds - 57.5%
Fidelity Blue Chip Growth Fund Class F	227,470		8,013,782
Fidelity Disciplined Equity Fund Class F	1,349,719		26,117,072
Fidelity Equity-Income Fund Class F	257,775		9,367,534
Fidelity Growth Company Fund Class F	338,694		21,923,676
Fidelity Series 100 Index Fund	2,400,562		17,500,098
Fidelity Series All-Sector Equity Fund Class F	2,465,649		26,283,822
Fidelity Series Large Cap Value Fund Class F	2,551,704		26,435,658
Fidelity Series Small Cap Opportunities Fund Class F	544,515		4,437,794
Fidelity Small Cap Growth Fund Class	224,314		2,736,625
Fidelity Small Cap Value Fund Class F	218,168		2,766,366
TOTAL DOMESTIC EQUITY FUNDS			145,582,427
TOTAL DOMESTIC EQUITY FUNDS (Cost $173,739,669)		160,661,635
International Equity Funds - 20.5%

Developed International Equity Funds - 17.9%
Fidelity Diversified International Fund Class F	503,959		12,246,209
Fidelity Europe Fund Class F	141,606		3,450,926
Fidelity Japan Fund Class F	165,826		1,601,882
Fidelity Overseas Fund Class F	462,423		12,023,000
Fidelity Series International Growth Fund Class F	848,457		7,415,517
Fidelity Series International Small Cap Fund Class F	155,828		1,452,313
Fidelity Series International Value Fund Class F	893,280		7,244,497
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			45,434,344

	Shares		Value
Emerging Markets Equity Funds - 2.6%
Fidelity Series Emerging Markets Fund Class F	433,454		$ 6,579,833
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $57,463,426)		52,014,177
Bond Funds - 16.0%

High Yield Bond Funds - 10.6%
Fidelity Capital & Income Fund Class F	1,562,373		13,311,414
Fidelity High Income Fund Class F	1,598,688		13,476,942
TOTAL HIGH YIELD BOND FUNDS			26,788,356
Investment Grade Bond Funds - 5.4%
Fidelity Series Investment Grade Bond Fund Class F	903,677		10,591,089
Fidelity Strategic Real Return Fund Class F	298,344		2,553,827
Fidelity Total Bond Fund Class F	48,652		526,901
TOTAL INVESTMENT GRADE BOND FUNDS			13,671,817
TOTAL BOND FUNDS (Cost $40,495,044)		40,460,173
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $3)	3		3

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $271,698,142)

253,135,988

NET OTHER ASSETS (LIABILITIES) - 0.0%

(10,626)

NET ASSETS - 100%

$ 253,125,362

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $272,383,872. Net unrealized depreciation aggregated $19,247,884, of which $704,285 related to appreciated investment securities and $19,952,169 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K^SM2050 Fund

June 30, 2010

1.907123.100

FF-K-50-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 66.2%
	Shares		Value
Commodity Funds - 6.2%
Fidelity Series Commodity Strategy Fund Class F	1,078,064		$ 10,726,736
Domestic Equity Funds - 60.0%
Fidelity Blue Chip Growth Fund Class F	162,105		5,710,942
Fidelity Disciplined Equity Fund Class F	961,967		18,614,064
Fidelity Equity-Income Fund Class F	184,390		6,700,748
Fidelity Growth Company Fund Class F	241,442		15,628,555
Fidelity Series 100 Index Fund	1,711,175		12,474,467
Fidelity Series All-Sector Equity Fund Class F	1,756,425		18,723,491
Fidelity Series Large Cap Value Fund Class F	1,818,074		18,835,242
Fidelity Series Small Cap Opportunities Fund Class F	388,161		3,163,514
Fidelity Small Cap Growth Fund Class F	159,852		1,950,192
Fidelity Small Cap Value Fund Class F	155,478		1,971,459
TOTAL DOMESTIC EQUITY FUNDS			103,772,674
TOTAL DOMESTIC EQUITY FUNDS (Cost $123,930,893)		114,499,410
International Equity Funds - 22.6%

Developed International Equity Funds - 19.8%
Fidelity Diversified International Fund Class F	383,708		9,324,112
Fidelity Europe Fund Class F	117,979		2,875,158
Fidelity Japan Fund Class F	134,136		1,295,758
Fidelity Overseas Fund Class F	350,340		9,108,828
Fidelity Series International Growth Fund Class F	612,055		5,349,364
Fidelity Series International Small Cap Fund Class F	111,685		1,040,907
Fidelity Series International Value Fund Class F	643,461		5,218,469
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			34,212,596

	Shares		Value
Emerging Markets Equity Funds - 2.8%
Fidelity Series Emerging Markets Fund Class F	320,815		$ 4,869,968
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $43,196,777)		39,082,564
Bond Funds - 11.2%

High Yield Bond Funds - 10.6%
Fidelity Capital & Income Fund Class F	1,070,556		9,121,141
Fidelity High Income Fund Class F	1,096,220		9,241,136
TOTAL HIGH YIELD BOND FUNDS			18,362,277
Investment Grade Bond Funds - 0.6%
Fidelity Series Investment Grade Bond Fund Class F	63,814		747,895
Fidelity Strategic Real Return Fund Class F	20,132		172,333
Fidelity Total Bond Fund Class F	3,726		40,351
TOTAL INVESTMENT GRADE BOND FUNDS			960,579
TOTAL BOND FUNDS (Cost $19,489,188)		19,322,856
Short-Term Funds - 0.0%

Fidelity Institutional Money Market Portfolio Class F (Cost $2)	2		2

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $186,616,860)

172,904,832

NET OTHER ASSETS (LIABILITIES) - 0.0%

(7,218)

NET ASSETS - 100%

$ 172,897,614

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $187,219,967. Net unrealized depreciation aggregated $14,315,135, of which $356,476 related to appreciated investment securities and $14,671,611 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Fidelity Freedom K®Income Fund

June 30, 2010

1.907100.100

FF-K-INC-QTLY-0810

Investments June 30, 2010 (Unaudited)

Showing Percentage of Net Assets

Domestic Equity Funds - 15.1%
	Shares		Value
Commodity Funds - 0.7%
Fidelity Series Commodity Strategy Fund Class F	195,214		$ 1,942,374
Domestic Equity Funds - 14.4%
Fidelity Blue Chip Growth Fund Class F	59,369		2,091,557
Fidelity Disciplined Equity Fund Class F	353,986		6,849,636
Fidelity Equity-Income Fund Class F	69,697		2,532,775
Fidelity Growth Company Fund Class F	88,887		5,753,640
Fidelity Series 100 Index Fund	629,488		4,588,965
Fidelity Series All-Sector Equity Fund Class F	642,847		6,852,744
Fidelity Series Large Cap Value Fund Class F	666,817		6,908,224
Fidelity Series Small Cap Opportunities Fund Class F	142,785		1,163,696
Fidelity Small Cap Growth Fund Class F	58,667		715,741
Fidelity Small Cap Value Fund Class F	57,116		724,235
TOTAL DOMESTIC EQUITY FUNDS			38,181,213
TOTAL DOMESTIC EQUITY FUNDS (Cost $43,274,605)		40,123,587
International Equity Funds - 2.8%

Developed International Equity Funds - 2.4%
Fidelity Diversified International Fund Class F	76,492		1,858,749
Fidelity Overseas Fund Class F	70,729		1,838,960
Fidelity Series International Growth Fund Class F	142,535		1,245,756
Fidelity Series International Small Cap Fund Class F	26,528		247,239
Fidelity Series International Value Fund Class F	150,179		1,217,948
TOTAL DEVELOPED INTERNATIONAL EQUITY FUNDS			6,408,652
Emerging Markets Equity Funds - 0.4%
Fidelity Series Emerging Markets Fund Class F	71,568		1,086,403
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $8,043,102)		7,495,055
Bond Funds - 41.5%
	Shares		Value
High Yield Bond Funds - 5.1%
Fidelity Capital & Income Fund Class F	781,105		$ 6,655,017
Fidelity High Income Fund Class F	804,438		6,781,415
TOTAL HIGH YIELD BOND FUNDS			13,436,432
Inflation-Protected Bond Funds - 7.4%
Fidelity Series Inflation-Protected Bond Index Fund Class F	1,891,428		19,822,170
Investment Grade Bond Funds - 29.0%
Fidelity Series Investment Grade Bond Fund Class F	5,066,227		59,376,175
Fidelity Strategic Real Return Fund Class F	1,728,549		14,796,381
Fidelity Total Bond Fund Class F	270,111		2,925,302
TOTAL INVESTMENT GRADE BOND FUNDS			77,097,858
TOTAL BOND FUNDS (Cost $109,016,623)		110,356,460
Short-Term Funds - 40.6%

Fidelity Institutional Money Market Portfolio Class F	53,893,983		53,893,983
Fidelity Short Term Bond Fund Class F	6,432,534		54,226,261
TOTAL SHORT-TERM FUNDS (Cost $107,743,201)		108,120,244

TOTAL INVESTMENT PORTFOLIO - 100.0%

(Cost $268,077,531)

266,095,346

NET OTHER ASSETS (LIABILITIES) - 0.0%			(10,554)
NET ASSETS - 100%		$ 266,084,792

Other Information

Income Tax Information

At June 30, 2010, the cost of investment securities for income tax purposes was $268,317,011. Net unrealized depreciation aggregated $2,221,665, of which $2,051,029 related to appreciated investment securities and $4,272,694 related to depreciated investment securities.

Investment Valuation

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Item 2. Controls and Procedures

(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 Trust's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 3. Exhibits

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.

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

By:	/s/John R. Hebble
	John R. Hebble
	President and Treasurer

Date:	August 30, 2010

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.

By:	/s/John R. Hebble
	John R. Hebble
	President and Treasurer

Date:	August 30, 2010
By:	/s/Christine Reynolds
	Christine Reynolds
	Chief Financial Officer

Date:	August 30, 2010