UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-6440

Fidelity Aberdeen Street Trust

(Exact name of registrant as specified in charter)

245 Summer St., Boston, Massachusetts 02210

(Address of principal executive offices) (Zip code)

Marc Bryant, Secretary

245 Summer St.

Boston, Massachusetts 02210

(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:	March 31, 2018

Item 1.

Reports to Stockholders

Fidelity Advisor Freedom^® Funds – Income, 2005, 2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050, 2055, 2060 – Class A, Class M, Class C and Class I

Annual Report

March 31, 2018

Contents

Performance
Management's Discussion of Fund Performance
Fidelity Advisor Freedom® Income Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2005 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2010 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2015 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2020 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2025 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2030 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2035 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2040 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2045 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2050 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2055 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2060 Fund
Investment Summary
Schedule of Investments
Financial Statements
Notes to Financial Statements
Report of Independent Registered Public Accounting Firm
Trustees and Officers
Shareholder Expense Example
Distributions
Proxy Voting Results

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

You may also call 1-877-208-0098 to request a free copy of the proxy voting guidelines.

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

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

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

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

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

NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE

Neither the Funds nor Fidelity Distributors Corporation is a bank.

Fidelity Advisor Freedom® Income Fund

Performance: The Bottom Line

Average annual total return reflects the change in the value of an investment, assuming reinvestment of distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The hypothetical investment and the average annual total returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund’s total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	(1.54)%	2.14%	3.17%
Class M (incl. 3.50% sales charge)	0.57%	2.37%	3.16%
Class C (incl. contingent deferred sales charge)	2.69%	2.60%	3.01%
Class I	4.70%	3.64%	4.04%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® Income Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

	Period Ending Values
	$13,660	Fidelity Advisor Freedom® Income Fund - Class A
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2005 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	(0.21)%	3.28%	3.54%
Class M (incl. 3.50% sales charge)	1.95%	3.51%	3.53%
Class C (incl. contingent deferred sales charge)	4.21%	3.75%	3.38%
Class I	6.13%	4.77%	4.41%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2005 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

	Period Ending Values
	$14,156	Fidelity Advisor Freedom® 2005 Fund - Class A
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2010 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	1.02%	4.15%	4.30%
Class M (incl. 3.50% sales charge)	3.15%	4.39%	4.28%
Class C (incl. contingent deferred sales charge)	5.37%	4.62%	4.13%
Class I	7.39%	5.66%	5.18%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2010 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

	Period Ending Values
	$15,236	Fidelity Advisor Freedom® 2010 Fund - Class A
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2015 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	2.19%	4.79%	4.52%
Class M (incl. 3.50% sales charge)	4.32%	5.00%	4.51%
Class C (incl. contingent deferred sales charge)	6.57%	5.22%	4.35%
Class I	8.66%	6.28%	5.40%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2015 Fund - Class A on March 31, 2018, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$15,557	Fidelity Advisor Freedom® 2015 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2020 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	2.87%	5.27%	4.55%
Class M (incl. 3.50% sales charge)	5.16%	5.51%	4.53%
Class C (incl. contingent deferred sales charge)	7.45%	5.74%	4.39%
Class I	9.45%	6.78%	5.43%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2020 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$15,600	Fidelity Advisor Freedom® 2020 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2025 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	3.64%	6.00%	4.99%
Class M (incl. 3.50% sales charge)	5.85%	6.24%	4.97%
Class C (incl. contingent deferred sales charge)	8.14%	6.46%	4.83%
Class I	10.26%	7.53%	5.87%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2025 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$16,275	Fidelity Advisor Freedom® 2025 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2030 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	5.37%	6.85%	5.07%
Class M (incl. 3.50% sales charge)	7.63%	7.09%	5.06%
Class C (incl. contingent deferred sales charge)	9.97%	7.33%	4.91%
Class I	12.04%	8.40%	5.96%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2030 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$16,404	Fidelity Advisor Freedom® 2030 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2035 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	6.75%	7.63%	5.48%
Class M (incl. 3.50% sales charge)	9.02%	7.88%	5.47%
Class C (incl. contingent deferred sales charge)	11.40%	8.11%	5.32%
Class I	13.50%	9.20%	6.37%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2035 Fund - Class A on March 31, 2018, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$17,044	Fidelity Advisor Freedom® 2035 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2040 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	6.90%	7.72%	5.45%
Class M (incl. 3.50% sales charge)	9.15%	7.95%	5.42%
Class C (incl. contingent deferred sales charge)	11.52%	8.18%	5.27%
Class I	13.74%	9.28%	6.34%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2040 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$16,999	Fidelity Advisor Freedom® 2040 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2045 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	6.92%	7.79%	5.46%
Class M (incl. 3.50% sales charge)	9.17%	8.03%	5.46%
Class C (incl. contingent deferred sales charge)	11.59%	8.27%	5.32%
Class I	13.77%	9.37%	6.36%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2045 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$17,019	Fidelity Advisor Freedom® 2045 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2050 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class A (incl. 5.75% sales charge)	6.90%	7.82%	5.37%
Class M (incl. 3.50% sales charge)	9.20%	8.06%	5.36%
Class C (incl. contingent deferred sales charge)	11.59%	8.29%	5.23%
Class I	13.74%	9.38%	6.27%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years and past ten years total return figures are 1%, 0% and 0%, respectively.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2050 Fund - Class A on March 31, 2008, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$16,870	Fidelity Advisor Freedom® 2050 Fund - Class A
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2055 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Life of fund^A
Class A (incl. 5.75% sales charge)	6.88%	7.91%	7.33%
Class M (incl. 3.50% sales charge)	9.19%	8.15%	7.44%
Class C (incl. contingent deferred sales charge)	11.62%	8.38%	7.47%
Class I	13.74%	9.47%	8.55%

^A From June 1, 2011

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years, and life of fund total return figures are 1%, 0%, and 0%, respectively.

$10,000 Over Life of Fund

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2055 Fund - Class A on June 1, 2011, when the fund started, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$16,219	Fidelity Advisor Freedom® 2055 Fund - Class A
	$23,219	S&P 500® Index

Fidelity Advisor Freedom® 2060 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Life of fund^A
Class A (incl. 5.75% sales charge)	6.92%	6.28%
Class M (incl. 3.50% sales charge)	9.09%	6.70%
Class C (incl. contingent deferred sales charge)	11.53%	7.20%
Class I	13.63%	8.29%

^A From August 5, 2014

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

Class C shares' contingent deferred sales charges included in the past one year, past five years, and life of fund total return figures are 1%, 0%, and 0%, respectively.

$10,000 Over Life of Fund

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2060 Fund - Class A on August 5, 2014, when the fund started, and the current 5.75% sales charge was paid.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

	Period Ending Values
	$12,495	Fidelity Advisor Freedom® 2060 Fund - Class A
	$14,846	S&P 500® Index

Management's Discussion of Fund Performance

Market Recap: Stocks entered 2018 reinforced by accelerating corporate earnings, synchronous global economic growth and optimism around U.S. tax reform. Volatility spiked in February, though, amid fear that interest rates could rise faster than expected. The ensuing market reversal, which continued through March, was in stark contrast to the low volatility and positive consumer sentiment experienced throughout 2017. Nevertheless, the U.S.-centric S&P 500^® index gained 13.99% for the 12 months ending March 31, 2018. Growth stocks handily topped value, and large-caps bested small-caps. Among S&P 500^® sectors, information technology (+28%) fared best, rising amid strong earnings growth from several major index constituents. Consumer discretionary (+17%) also stood out, driven by retailers. Financials added 18%, riding an uptick in bond yields. Industrials (+14%) was boosted by higher demand, especially from China. Conversely, rising rates held back telecommunication services (-5%), consumer staples (-1%), real estate (+2%) and utilities (+2%).Looking abroad, the MSCI World ex USA Index gained 14.15% for the 12 months, aided partly by a generally weak U.S. dollar. Certain election results in continental Europe (+17%) suggested ebbing political risk there, whereas bumpy Brexit negotiations and sterling strength hindered the U.K. (+13%). Central-bank accommodation helped Japan (+20%) overcome recent yen strength and outperform the rest of the Asia-Pacific group (+8%), where, similar to Canada (+6%), commodity-price volatility weighed on results. Meanwhile, the MSCI Emerging Markets Index roared ahead, up 25.37%.In fixed income, the Bloomberg Barclays U.S. Aggregate Bond Index returned 1.20% the past 12 months. Longer-term bond yields generally declined through September, as it became clear that changes to tax, health care and fiscal policies would take time to implement. Yields then rose through January, driven by three policy-rate hikes, plans by the Federal Reserve to gradually reduce its balance sheet, and recent tax-reform legislation. Indications of robust employment and improved consumer sentiment reinforced the rate-tightening cycle. Within the Bloomberg Barclays index, corporate debt – led by industrial and utility issues – outpaced other major segments. Safe-haven U.S. Treasuries stayed just above breakeven. Outside the index, inflation expectations buoyed U.S. inflation-protected debt to a Treasury-like return while other non-core fixed-income segments – including emerging-markets and U.S. high-yield debt – delivered solid gains.

Comments from Co-Managers Andrew Dierdorf and Brett Sumsion: For the 12 months ending March 31, 2018, the share classes of each Advisor Freedom Fund posted a gain (excluding sales charges) ranging from about 4% for Advisor Freedom Income Fund to about 13% to 14% for the longest-dated Funds. With few exceptions, each Fund bested its respective Composite benchmark. In general, both top-down asset allocation decisions and results among actively-managed underlying investments added value in roughly equal measure versus Composites. Underweighting the investment-grade debt asset class helped most. Security selection there also added value. Out-of-Composite allocations to fixed-income portfolio diversifiers outperformed the Bloomberg Barclays U.S. Aggregate Bond Index. Among equities, a modest overweighting in developed markets and a larger overweighting in emerging-markets more than offset the negative effect of underweighting U.S. equities. Performance among underlying investments also added value overall, although allocation and selection among several value-oriented investments detracted. Inflation-oriented investments – encompassing commodity-related and inflation-protected securities – detracted for the full 12 months, although the balance shifted toward the positive near the end of the period.

The views expressed above reflect those of the portfolio manager(s) only through the end of the period as stated on the cover of this report and do not necessarily represent the views of Fidelity or any other person in the Fidelity organization. Any such views are subject to change at any time based upon market or other conditions and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity fund.

Note to Shareholders: Shareholders of Fidelity Advisor Freedom^® Funds recently approved a new pricing structure proposal put forward by the Board of Trustees that reduces the overall expenses that Advisor Freedom Fund shareholders pay (relative to fund expenses as of March 31, 2016) and provides for less fluctuation in fund expenses. Under the new structure, effective June 1, 2017, each Advisor Freedom Fund charges shareholders for all of its operating expenses directly, and most expenses that were previously charged by the underlying funds in which Advisor Freedom Funds invest has been eliminated.

Fidelity Advisor Freedom® Income Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	38.0
Fidelity Series Government Money Market Fund 1.67%	23.1
Fidelity Series Short-Term Credit Fund	5.7
Fidelity Series Inflation-Protected Bond Index Fund	3.8
Fidelity Series Emerging Markets Fund	3.1
Fidelity Series International Growth Fund	2.6
Fidelity Series International Value Fund	2.6
Fidelity Advisor Series Growth & Income Fund	2.5
Fidelity Series Commodity Strategy Fund	2.1
Fidelity Series Long-Term Treasury Bond Index Fund	2.1
	85.6

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	15.1%
	International Equity Funds	9.2%
	Bond Funds	47.0%
	Short-Term Funds	28.8%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® Income Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% 4/26/18
(Cost $9,990)	10,000	9,989
	Shares	Value

Domestic Equity Funds - 15.1%
Fidelity Advisor Series Equity Growth Fund (a)	221,042	$2,986,272
Fidelity Advisor Series Equity Value Fund (a)	275,356	3,441,952
Fidelity Advisor Series Growth & Income Fund (a)	350,679	5,267,197
Fidelity Advisor Series Growth Opportunities Fund (a)	149,285	1,963,092
Fidelity Advisor Series Opportunistic Insights Fund (a)	156,768	2,809,288
Fidelity Advisor Series Small Cap Fund (a)	125,958	1,497,643
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	277,497	3,474,257
Fidelity Series 100 Index Fund (a)	86,724	1,480,375
Fidelity Series 1000 Value Index Fund (a)	47,462	585,207
Fidelity Series All-Sector Equity Fund (a)	168,092	2,050,720
Fidelity Series Commodity Strategy Fund (a)	835,664	4,537,656
Fidelity Series Real Estate Equity Fund (a)	30,057	358,281
Fidelity Series Small Cap Opportunities Fund (a)	127,320	1,815,589
TOTAL DOMESTIC EQUITY FUNDS
(Cost $25,211,554)		32,267,529

International Equity Funds - 9.2%
Fidelity Series Canada Fund (a)	52,664	536,118
Fidelity Series Emerging Markets Fund (a)	300,178	6,576,903
Fidelity Series International Growth Fund (a)	344,856	5,569,432
Fidelity Series International Small Cap Fund (a)	74,393	1,385,201
Fidelity Series International Value Fund (a)	517,747	5,462,228
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $13,447,877)		19,529,882

Bond Funds - 47.0%
Fidelity Series Emerging Markets Debt Fund (a)	165,703	1,670,287
Fidelity Series Floating Rate High Income Fund (a)	55,914	531,740
Fidelity Series High Income Fund (a)	327,617	3,122,185
Fidelity Series Inflation-Protected Bond Index Fund (a)	830,560	8,056,431
Fidelity Series International Credit Fund (a)	11,210	111,314
Fidelity Series Investment Grade Bond Fund (a)	7,366,931	81,183,581
Fidelity Series Long-Term Treasury Bond Index Fund (a)	526,235	4,509,835
Fidelity Series Real Estate Income Fund (a)	97,940	1,049,918
TOTAL BOND FUNDS
(Cost $99,675,479)		100,235,291

Short-Term Funds - 28.8%
Fidelity Cash Central Fund, 1.72% (b)	34,506	34,513
Fidelity Series Government Money Market Fund 1.67% (a)(c)	49,380,363	49,380,363
Fidelity Series Short-Term Credit Fund (a)	1,231,618	12,143,757
TOTAL SHORT-TERM FUNDS
(Cost $61,670,301)		61,558,633
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $200,015,201)		213,601,324
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(113,804)
NET ASSETS - 100%		$213,487,520

Legend

(a) Affiliated Fund

(b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$94
Total	$94

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

Affiliated Underlying Funds

Information regarding the Fund's fiscal year to date purchases and sales of the affiliated Underlying Funds and income earned by the Fund from investments in affiliated Underlying Funds, excluding any Money Market Central Funds, is as follows:

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$3,622,423	$796,371	$1,749,334	$476,557	$365,294	$(48,482)	$2,986,272
Fidelity Advisor Series Equity Value Fund	6,526,095	795,975	3,737,583(a)	363,902	466,116	(608,651)	3,441,952
Fidelity Advisor Series Growth & Income Fund	4,502,313	2,735,209(a)	2,176,109	319,321	59,960	145,824	5,267,197
Fidelity Advisor Series Growth Opportunities Fund	2,377,485	399,771	1,122,669	191,721	175,234	133,271	1,963,092
Fidelity Advisor Series Opportunistic Insights Fund	3,365,394	707,674	1,614,411	410,214	510,285	(159,654)	2,809,288
Fidelity Advisor Series Short-Term Credit Fund	15,074,623	1,277,646	4,104,783	200,579	(2,393)	(5,281)	--
Fidelity Advisor Series Small Cap Fund	1,822,727	272,835	679,358	100,884	73,654	7,785	1,497,643
Fidelity Advisor Series Stock Selector Large Cap Value Fund	4,345,160	683,345	1,459,493	300,859	214,692	(309,447)	3,474,257
Fidelity Series 100 Index Fund	1,864,666	189,000	753,834	33,205	168,151	12,392	1,480,375
Fidelity Series 1000 Value Index Fund	723,143	89,827	246,625	25,236	31,561	(12,699)	585,207
Fidelity Series All-Sector Equity Fund	2,529,199	524,729	1,004,659	303,242	139,355	(137,904)	2,050,720
Fidelity Series Canada Fund	--	658,009	106,663	6,377	1,826	(17,054)	536,118
Fidelity Series Commodity Strategy Fund	3,784,080	1,460,476	852,803	23,794	(133,738)	279,641	4,537,656
Fidelity Series Emerging Markets Debt Fund	1,696,529	251,527	253,346	119,275	130	(24,553)	1,670,287
Fidelity Series Emerging Markets Fund	10,546,969	991,779	7,025,062	207,941	1,359,331	703,886	6,576,903
Fidelity Series Floating Rate High Income Fund	556,274	81,629	105,562	26,524	(2,493)	1,892	531,740
Fidelity Series Government Money Market Fund 1.67%	47,143,634	10,553,303	8,316,574	522,175	--	--	49,380,363
Fidelity Series High Income Fund	3,245,598	503,398	601,208	195,220	(8,025)	(17,578)	3,122,185
Fidelity Series Inflation-Protected Bond Index Fund	8,414,121	1,381,562	1,601,176	170,586	(25,767)	(112,309)	8,056,431
Fidelity Series International Credit Fund	--	112,095	--	1,372	--	(57)	111,314
Fidelity Series International Growth Fund	5,929,825	904,677	2,176,321	179,766	226,074	685,177	5,569,432
Fidelity Series International Small Cap Fund	1,335,728	278,337	512,928	85,108	45,887	238,177	1,385,201
Fidelity Series International Value Fund	5,944,546	1,045,443	2,084,647	179,809	167,982	388,904	5,462,228
Fidelity Series Investment Grade Bond Fund	83,657,371	13,500,460	15,000,451	2,409,109	(9,027)	(964,772)	81,183,581
Fidelity Series Long-Term Treasury Bond Index Fund	80,695	5,057,603	506,094	77,337	(14,381)	(107,988)	4,509,835
Fidelity Series Real Estate Equity Fund	430,986	84,602	126,376	19,865	6,897	(37,828)	358,281
Fidelity Series Real Estate Income Fund	1,112,586	171,570	198,588	67,839	1,529	(37,179)	1,049,918
Fidelity Series Short-Term Credit Fund	--	398,263	381,543	43,769	(1,107)	(111,668)	12,143,757
Fidelity Series Small Cap Opportunities Fund	2,184,630	389,282	769,786	199,213	136,053	(124,590)	1,815,589
	$222,816,800	$46,296,397	$59,267,986	$7,260,799	$3,953,080	$(240,745)	$213,556,822

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

The following is a summary of the inputs used, as of March 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$9,989	$--	$9,989	$--
Domestic Equity Funds	32,267,529	32,267,529	--	--
International Equity Funds	19,529,882	19,529,882	--	--
Bond Funds	100,235,291	100,235,291	--	--
Short-Term Funds	61,558,633	61,558,633	--	--
Total Investments in Securities:	$213,601,324	$213,591,335	$9,989	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® Income Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $9,990)	$9,989
Fidelity Central Funds (cost $34,513)	34,513
Affiliated issuers (cost $199,970,698)	213,556,822
Total Investment in Securities (cost $200,015,201)		$213,601,324
Cash		11,489
Receivable for investments sold		129,465
Receivable for fund shares sold		143,457
Distributions receivable from Fidelity Central Funds		46
Total assets		213,885,781
Liabilities
Payable for investments purchased	$190,500
Payable for fund shares redeemed	81,843
Accrued management fee	82,832
Distribution and service plan fees payable	43,086
Total liabilities		398,261
Net Assets		$213,487,520
Net Assets consist of:
Paid in capital		$197,018,575
Undistributed net investment income		253,088
Accumulated undistributed net realized gain (loss) on investments		2,629,734
Net unrealized appreciation (depreciation) on investments		13,586,123
Net Assets		$213,487,520
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($76,140,975 ÷ 6,914,770 shares)		$11.01
Maximum offering price per share (100/94.25 of $11.01)		$11.68
Class M:
Net Asset Value and redemption price per share ($38,204,271 ÷ 3,472,935 shares)		$11.00
Maximum offering price per share (100/96.50 of $11.00)		$11.40
Class C:
Net Asset Value and offering price per share ($13,726,904 ÷ 1,250,310 shares)^(a)		$10.98
Class I:
Net Asset Value, offering price and redemption price per share ($83,722,655 ÷ 7,578,814 shares)		$11.05
Class Z6:
Net Asset Value, offering price and redemption price per share ($1,692,715 ÷ 153,305 shares)		$11.04

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$4,404,331
Interest		25
Income from Fidelity Central Funds		94
Total income		4,404,450
Expenses
Management fee	$838,601
Distribution and service plan fees	536,099
Independent trustees' fees and expenses	803
Total expenses before reductions	1,375,503
Expense reductions	(153)	1,375,350
Net investment income (loss)		3,029,100
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	3,953,080
Futures contracts	5,819
Realized gain distributions from underlying funds:
Affiliated issuers	2,856,468
Total net realized gain (loss)		6,815,367
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(1)
Other affiliated issuers	(240,745)
Total change in net unrealized appreciation (depreciation)		(240,746)
Net gain (loss)		6,574,621
Net increase (decrease) in net assets resulting from operations		$9,603,721

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$3,029,100	$3,413,880
Net realized gain (loss)	6,815,367	2,794,177
Change in net unrealized appreciation (depreciation)	(240,746)	6,889,975
Net increase (decrease) in net assets resulting from operations	9,603,721	13,098,032
Distributions to shareholders from net investment income	(2,967,012)	(3,407,660)
Distributions to shareholders from net realized gain	(5,087,952)	(3,107,675)
Total distributions	(8,054,964)	(6,515,335)
Share transactions - net increase (decrease)	(10,830,864)	(24,761,777)
Total increase (decrease) in net assets	(9,282,107)	(18,179,080)
Net Assets
Beginning of period	222,769,627	240,948,707
End of period	$213,487,520	$222,769,627
Other Information
Undistributed net investment income end of period	$253,088	$190,998

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom Income Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$10.94	$10.64	$11.07	$11.20	$11.21
Income from Investment Operations
Net investment income (loss)^A	.15	.16	.18	.16	.12
Net realized and unrealized gain (loss)	.34	.44	(.25)	.24	.28
Total from investment operations	.49	.60	(.07)	.40	.40
Distributions from net investment income	(.15)	(.16)^B	(.18)	(.17)	(.12)
Distributions from net realized gain	(.26)	(.14)^B	(.19)	(.36)	(.29)
Total distributions	(.42)^C	(.30)	(.36)^D	(.53)	(.41)
Net asset value, end of period	$11.01	$10.94	$10.64	$11.07	$11.20
Total Return^E,^F	4.47%	5.74%	(.59)%	3.65%	3.65%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.63%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.63%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.63%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.38%	1.47%	1.63%	1.48%	1.10%
Supplemental Data
Net assets, end of period (000 omitted)	$76,141	$87,983	$99,211	$124,755	$147,818
Portfolio turnover rate^G	21%	38%	30%	38%	36%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

^C Total distributions of $.42 per share is comprised of distributions from net investment income of $.153 and distributions from net realized gain of $.263 per share.

^D Total distributions of $.36 per share is comprised of distributions from net investment income of $.176 and distributions from net realized gain of $.187 per share.

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

^F Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom Income Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$10.93	$10.62	$11.06	$11.19	$11.20
Income from Investment Operations
Net investment income (loss)^A	.13	.13	.15	.14	.09
Net realized and unrealized gain (loss)	.33	.45	(.25)	.23	.28
Total from investment operations	.46	.58	(.10)	.37	.37
Distributions from net investment income	(.13)	(.13)^B	(.15)	(.14)	(.09)
Distributions from net realized gain	(.26)	(.14)^B	(.19)	(.36)	(.29)
Total distributions	(.39)	(.27)	(.34)	(.50)	(.38)
Net asset value, end of period	$11.00	$10.93	$10.62	$11.06	$11.19
Total Return^C,^D	4.22%	5.56%	(.93)%	3.39%	3.40%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.89%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	.89%	.50%	.50%	.50%	.50%
Expenses net of all reductions	.89%	.50%	.50%	.50%	.50%
Net investment income (loss)	1.13%	1.22%	1.38%	1.23%	.85%
Supplemental Data
Net assets, end of period (000 omitted)	$38,204	$38,513	$42,887	$47,804	$53,019
Portfolio turnover rate^E	21%	38%	30%	38%	36%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

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

^D Total returns do not include the effect of the sales charges.

^E Amounts do not include the activity of the Underlying Funds.

^F Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom Income Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$10.91	$10.61	$11.04	$11.17	$11.18
Income from Investment Operations
Net investment income (loss)^A	.07	.08	.09	.08	.04
Net realized and unrealized gain (loss)	.33	.44	(.24)	.24	.28
Total from investment operations	.40	.52	(.15)	.32	.32
Distributions from net investment income	(.07)	(.08)^B	(.10)	(.09)	(.04)
Distributions from net realized gain	(.26)	(.14)^B	(.19)	(.36)	(.29)
Total distributions	(.33)	(.22)	(.28)^C	(.45)	(.33)
Net asset value, end of period	$10.98	$10.91	$10.61	$11.04	$11.17
Total Return^D,^E	3.69%	4.99%	(1.35)%	2.90%	2.89%
Ratios to Average Net Assets^F,^G
Expenses before reductions	1.39%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.39%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.39%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.63%	.72%	.88%	.73%	.35%
Supplemental Data
Net assets, end of period (000 omitted)	$13,727	$14,434	$14,712	$15,780	$15,735
Portfolio turnover rate^F	21%	38%	30%	38%	36%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

^C Total distributions of $.28 per share is comprised of distributions from net investment income of $.095 and distributions from net realized gain of $.187 per share.

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

^E Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

^G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom Income Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$10.98	$10.67	$11.10	$11.23	$11.23
Income from Investment Operations
Net investment income (loss)^A	.18	.19	.20	.19	.15
Net realized and unrealized gain (loss)	.33	.45	(.24)	.24	.29
Total from investment operations	.51	.64	(.04)	.43	.44
Distributions from net investment income	(.18)	(.19)^B	(.20)	(.19)	(.15)
Distributions from net realized gain	(.26)	(.14)^B	(.19)	(.36)	(.29)
Total distributions	(.44)	(.33)	(.39)	(.56)^C	(.44)
Net asset value, end of period	$11.05	$10.98	$10.67	$11.10	$11.23
Total Return^D	4.70%	6.07%	(.34)%	3.89%	3.98%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.39%	- %^G	- %^G	- %^G	- %^G
Expenses net of fee waivers, if any	.39%	-%	-%	-%	-%
Expenses net of all reductions	.39%	-%	-%	-%	-%
Net investment income (loss)	1.63%	1.72%	1.88%	1.73%	1.35%
Supplemental Data
Net assets, end of period (000 omitted)	$83,723	$81,839	$83,497	$83,253	$71,933
Portfolio turnover rate^E	21%	38%	30%	38%	36%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

^C Total distributions of $.56 per share is comprised of distributions from net investment income of $.194 and distributions from net realized gain of $.361 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^G Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom Income Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$11.09
Income from Investment Operations
Net investment income (loss)^B	.27
Net realized and unrealized gain (loss)	.03
Total from investment operations	.30
Distributions from net investment income	(.16)
Distributions from net realized gain	(.19)
Total distributions	(.35)
Net asset value, end of period	$11.04
Total Return^C,^D	2.69%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.37%^G
Expenses net of fee waivers, if any	.37%^G
Expenses net of all reductions	.37%^G
Net investment income (loss)	2.92%^G
Supplemental Data
Net assets, end of period (000 omitted)	$1,693
Portfolio turnover rate^E	21%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^E Amounts do not include the activity of the Underlying Funds.

^G Annualized

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2005 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	34.9
Fidelity Series Government Money Market Fund 1.67%	18.5
Fidelity Series Short-Term Credit Fund	4.5
Fidelity Series Emerging Markets Fund	4.0
Fidelity Advisor Series Growth & Income Fund	3.7
Fidelity Series International Growth Fund	3.5
Fidelity Series International Value Fund	3.4
Fidelity Series Inflation-Protected Bond Index Fund	3.3
Fidelity Advisor Series Stock Selector Large Cap Value Fund	2.4
Fidelity Advisor Series Equity Value Fund	2.4
	80.6

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	21.5%
	International Equity Funds	12.1%
	Bond Funds	43.5%
	Short-Term Funds	23.0%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2005 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% 4/26/18
(Cost $9,990)	10,000	9,989
	Shares	Value

Domestic Equity Funds - 21.5%
Fidelity Advisor Series Equity Growth Fund (a)	299,567	$4,047,155
Fidelity Advisor Series Equity Value Fund (a)	373,121	4,664,011
Fidelity Advisor Series Growth & Income Fund (a)	474,713	7,130,190
Fidelity Advisor Series Growth Opportunities Fund (a)	202,192	2,658,831
Fidelity Advisor Series Opportunistic Insights Fund (a)	211,453	3,789,230
Fidelity Advisor Series Small Cap Fund (a)	170,494	2,027,176
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	376,016	4,707,725
Fidelity Series 100 Index Fund (a)	117,633	2,007,990
Fidelity Series 1000 Value Index Fund (a)	64,037	789,577
Fidelity Series All-Sector Equity Fund (a)	227,650	2,777,333
Fidelity Series Commodity Strategy Fund (a)	753,087	4,089,262
Fidelity Series Real Estate Equity Fund (a)	40,840	486,818
Fidelity Series Small Cap Opportunities Fund (a)	173,415	2,472,892
TOTAL DOMESTIC EQUITY FUNDS
(Cost $31,964,087)		41,648,190

International Equity Funds - 12.1%
Fidelity Series Canada Fund (a)	64,167	653,217
Fidelity Series Emerging Markets Fund (a)	354,479	7,766,630
Fidelity Series International Growth Fund (a)	419,106	6,768,564
Fidelity Series International Small Cap Fund (a)	90,062	1,676,957
Fidelity Series International Value Fund (a)	630,752	6,654,429
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $15,937,588)		23,519,797

Bond Funds - 43.5%
Fidelity Series Emerging Markets Debt Fund (a)	149,164	1,503,577
Fidelity Series Floating Rate High Income Fund (a)	50,010	475,597
Fidelity Series High Income Fund (a)	307,425	2,929,758
Fidelity Series Inflation-Protected Bond Index Fund (a)	667,201	6,471,850
Fidelity Series International Credit Fund (a)	10,654	105,791
Fidelity Series Investment Grade Bond Fund (a)	6,148,629	67,757,886
Fidelity Series Long-Term Treasury Bond Index Fund (a)	482,281	4,133,151
Fidelity Series Real Estate Income Fund (a)	86,059	922,555
TOTAL BOND FUNDS
(Cost $84,254,393)		84,300,165

Short-Term Funds - 23.0%
Fidelity Cash Central Fund, 1.72% (b)	38,639	38,646
Fidelity Series Government Money Market Fund 1.67% (a)(c)	35,857,816	35,857,816
Fidelity Series Short-Term Credit Fund (a)	889,045	8,765,987
TOTAL SHORT-TERM FUNDS
(Cost $44,749,464)		44,662,449
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $176,915,522)		194,140,590
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(109,084)
NET ASSETS - 100%		$194,031,506

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$107
Total	$107

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$5,113,587	$966,972	$2,496,324	$670,689	$538,577	$(75,657)	$4,047,155
Fidelity Advisor Series Equity Value Fund	9,212,567	924,855	5,291,358(a)	512,309	776,544	(958,597)	4,664,011
Fidelity Advisor Series Growth & Income Fund	6,355,742	3,578,459(a)	3,119,998	462,726	126,797	189,190	7,130,190
Fidelity Advisor Series Growth Opportunities Fund	3,356,221	459,790	1,601,816	269,827	265,973	178,663	2,658,831
Fidelity Advisor Series Opportunistic Insights Fund	4,750,821	849,273	2,323,196	574,090	745,212	(232,880)	3,789,230
Fidelity Advisor Series Short-Term Credit Fund	10,744,581	642,375	2,556,027	144,728	(3,720)	2,451	--
Fidelity Advisor Series Small Cap Fund	2,572,982	295,967	965,602	141,975	114,016	9,813	2,027,176
Fidelity Advisor Series Stock Selector Large Cap Value Fund	6,133,876	767,482	2,084,693	420,147	341,113	(450,053)	4,707,725
Fidelity Series 100 Index Fund	2,632,246	189,384	1,078,962	46,733	296,530	(31,208)	2,007,990
Fidelity Series 1000 Value Index Fund	1,020,866	93,178	355,285	35,409	53,672	(22,854)	789,577
Fidelity Series All-Sector Equity Fund	3,570,349	624,487	1,436,387	421,975	209,485	(190,601)	2,777,333
Fidelity Series Canada Fund	--	842,535	174,104	8,072	3,630	(18,844)	653,217
Fidelity Series Commodity Strategy Fund	3,530,818	1,259,249	843,040	22,667	(274,913)	417,148	4,089,262
Fidelity Series Emerging Markets Debt Fund	1,593,475	191,312	259,770	110,905	2,773	(24,213)	1,503,577
Fidelity Series Emerging Markets Fund	12,120,840	845,113	7,602,649	246,511	1,452,945	950,381	7,766,630
Fidelity Series Floating Rate High Income Fund	526,149	58,238	108,235	24,739	(3,791)	3,236	475,597
Fidelity Series Government Money Market Fund 1.67%	33,687,414	8,972,378	6,801,976	382,537	--	--	35,857,816
Fidelity Series High Income Fund	3,176,907	378,677	603,956	189,299	(12,145)	(9,725)	2,929,758
Fidelity Series Inflation-Protected Bond Index Fund	6,934,016	1,094,050	1,443,886	139,105	(27,837)	(84,493)	6,471,850
Fidelity Series International Credit Fund	--	106,533	--	1,304	--	(54)	105,791
Fidelity Series International Growth Fund	7,950,969	725,537	3,118,929	226,847	739,144	471,843	6,768,564
Fidelity Series International Small Cap Fund	1,809,980	225,550	733,692	107,401	162,857	212,262	1,676,957
Fidelity Series International Value Fund	7,971,369	823,985	2,893,402	226,988	326,388	426,089	6,654,429
Fidelity Series Investment Grade Bond Fund	71,039,111	11,131,620	13,591,208	2,052,501	(41,577)	(780,060)	67,757,886
Fidelity Series Long-Term Treasury Bond Index Fund	68,945	4,740,847	561,524	72,861	(12,015)	(103,102)	4,133,151
Fidelity Series Real Estate Equity Fund	608,427	91,303	170,214	28,572	13,670	(56,368)	486,818
Fidelity Series Real Estate Income Fund	1,032,613	125,718	203,636	62,583	8,268	(40,408)	922,555
Fidelity Series Short-Term Credit Fund	--	278,471	253,977	31,643	(1,152)	(87,015)	8,765,987
Fidelity Series Small Cap Opportunities Fund	3,083,854	465,297	1,091,699	291,231	238,974	(223,534)	2,472,892
	$210,598,725	$41,748,635	$63,765,545	$7,926,374	$6,039,418	$(528,590)	$194,091,955

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$9,989	$--	$9,989	$--
Domestic Equity Funds	41,648,190	41,648,190	--	--
International Equity Funds	23,519,797	23,519,797	--	--
Bond Funds	84,300,165	84,300,165	--	--
Short-Term Funds	44,662,449	44,662,449	--	--
Total Investments in Securities:	$194,140,590	$194,130,601	$9,989	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2005 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $9,990)	$9,989
Fidelity Central Funds (cost $38,646)	38,646
Affiliated issuers (cost $176,866,886)	194,091,955
Total Investment in Securities (cost $176,915,522)		$194,140,590
Cash		7,373
Receivable for investments sold		115,771
Receivable for fund shares sold		74,289
Distributions receivable from Fidelity Central Funds		51
Total assets		194,338,074
Liabilities
Payable for investments purchased	$105,104
Payable for fund shares redeemed	84,896
Accrued management fee	79,578
Distribution and service plan fees payable	36,990
Total liabilities		306,568
Net Assets		$194,031,506
Net Assets consist of:
Paid in capital		$172,091,854
Undistributed net investment income		383,515
Accumulated undistributed net realized gain (loss) on investments		4,331,069
Net unrealized appreciation (depreciation) on investments		17,225,068
Net Assets		$194,031,506
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($101,641,786 ÷ 8,523,798 shares)		$11.92
Maximum offering price per share (100/94.25 of $11.92)		$12.65
Class M:
Net Asset Value and redemption price per share ($25,729,568 ÷ 2,160,559 shares)		$11.91
Maximum offering price per share (100/96.50 of $11.91)		$12.34
Class C:
Net Asset Value and offering price per share ($5,866,793 ÷ 492,795 shares)^(a)		$11.91
Class I:
Net Asset Value, offering price and redemption price per share ($59,385,702 ÷ 4,947,490 shares)		$12.00
Class Z6:
Net Asset Value, offering price and redemption price per share ($1,407,657 ÷ 117,350 shares)		$12.00

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$4,086,081
Interest		25
Income from Fidelity Central Funds		107
Total income		4,086,213
Expenses
Management fee	$834,570
Distribution and service plan fees	473,664
Independent trustees' fees and expenses	759
Total expenses before reductions	1,308,993
Expense reductions	(139)	1,308,854
Net investment income (loss)		2,777,359
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	6,039,418
Futures contracts	5,819
Realized gain distributions from underlying funds:
Affiliated issuers	3,840,293
Total net realized gain (loss)		9,885,530
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(1)
Other affiliated issuers	(528,590)
Total change in net unrealized appreciation (depreciation)		(528,591)
Net gain (loss)		9,356,939
Net increase (decrease) in net assets resulting from operations		$12,134,298

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$2,777,359	$3,297,866
Net realized gain (loss)	9,885,530	4,204,099
Change in net unrealized appreciation (depreciation)	(528,591)	8,708,121
Net increase (decrease) in net assets resulting from operations	12,134,298	16,210,086
Distributions to shareholders from net investment income	(2,811,909)	(3,541,599)
Distributions to shareholders from net realized gain	(7,338,936)	(4,945,386)
Total distributions	(10,150,845)	(8,486,985)
Share transactions - net increase (decrease)	(18,509,645)	(28,749,623)
Total increase (decrease) in net assets	(16,526,192)	(21,026,522)
Net Assets
Beginning of period	210,557,698	231,584,220
End of period	$194,031,506	$210,557,698
Other Information
Undistributed net investment income end of period	$383,515	$418,065

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2005 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.84	$11.44	$12.10	$12.17	$11.90
Income from Investment Operations
Net investment income (loss)^A	.16	.17	.19	.19	.13
Net realized and unrealized gain (loss)	.53	.67	(.34)	.36	.57
Total from investment operations	.69	.84	(.15)	.55	.70
Distributions from net investment income	(.17)	(.19)^B	(.20)	(.19)	(.12)
Distributions from net realized gain	(.44)	(.25)^B	(.32)	(.42)	(.31)
Total distributions	(.61)	(.44)	(.51)^C	(.62)^D	(.43)
Net asset value, end of period	$11.92	$11.84	$11.44	$12.10	$12.17
Total Return^E,^F	5.87%	7.55%	(1.23)%	4.60%	5.98%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.66%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.66%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.66%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.34%	1.46%	1.62%	1.54%	1.10%
Supplemental Data
Net assets, end of period (000 omitted)	$101,642	$118,902	$134,262	$162,069	$187,224
Portfolio turnover rate^G	20%	32%	30%	29%	49%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

^C Total distributions of $.51 per share is comprised of distributions from net investment income of $.196 and distributions from net realized gain of $.317 per share.

^D Total distributions of $.62 per share is comprised of distributions from net investment income of $.193 and distributions from net realized gain of $.423 per share.

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

^F Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2005 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.83	$11.43	$12.09	$12.16	$11.90
Income from Investment Operations
Net investment income (loss)^A	.13	.14	.16	.16	.10
Net realized and unrealized gain (loss)	.53	.67	(.33)	.35	.57
Total from investment operations	.66	.81	(.17)	.51	.67
Distributions from net investment income	(.14)	(.16)^B	(.17)	(.16)	(.10)
Distributions from net realized gain	(.44)	(.25)^B	(.32)	(.42)	(.31)
Total distributions	(.58)	(.41)	(.49)	(.58)	(.41)
Net asset value, end of period	$11.91	$11.83	$11.43	$12.09	$12.16
Total Return^C,^D	5.64%	7.29%	(1.45)%	4.33%	5.68%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.91%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	.91%	.50%	.50%	.50%	.50%
Expenses net of all reductions	.91%	.50%	.50%	.50%	.50%
Net investment income (loss)	1.08%	1.21%	1.37%	1.29%	.85%
Supplemental Data
Net assets, end of period (000 omitted)	$25,730	$27,091	$29,347	$29,246	$29,912
Portfolio turnover rate^E	20%	32%	30%	29%	49%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

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

^D Total returns do not include the effect of the sales charges.

^E Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2005 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.81	$11.41	$12.06	$12.14	$11.87
Income from Investment Operations
Net investment income (loss)^A	.07	.08	.10	.10	.04
Net realized and unrealized gain (loss)	.54	.67	(.33)	.34	.58
Total from investment operations	.61	.75	(.23)	.44	.62
Distributions from net investment income	(.07)	(.10)^B	(.10)	(.10)	(.04)
Distributions from net realized gain	(.44)	(.25)^B	(.32)	(.42)	(.31)
Total distributions	(.51)	(.35)	(.42)	(.52)	(.35)
Net asset value, end of period	$11.91	$11.81	$11.41	$12.06	$12.14
Total Return^C,^D	5.21%	6.75%	(1.98)%	3.73%	5.28%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.41%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.41%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.41%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.58%	.71%	.87%	.79%	.35%
Supplemental Data
Net assets, end of period (000 omitted)	$5,867	$5,623	$6,200	$7,410	$8,910
Portfolio turnover rate^E	20%	32%	30%	29%	49%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^E Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2005 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.92	$11.51	$12.18	$12.25	$11.97
Income from Investment Operations
Net investment income (loss)^A	.19	.20	.22	.22	.16
Net realized and unrealized gain (loss)	.54	.68	(.34)	.36	.58
Total from investment operations	.73	.88	(.12)	.58	.74
Distributions from net investment income	(.20)	(.22)^B	(.23)	(.23)	(.15)
Distributions from net realized gain	(.44)	(.25)^B	(.32)	(.42)	(.31)
Total distributions	(.65)^C	(.47)	(.55)	(.65)	(.46)
Net asset value, end of period	$12.00	$11.92	$11.51	$12.18	$12.25
Total Return^D	6.13%	7.87%	(1.04)%	4.85%	6.29%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.41%	- %^G	- %^G	- %^G	- %^G
Expenses net of fee waivers, if any	.41%	-%	-%	-%	-%
Expenses net of all reductions	.41%	-%	-%	-%	-%
Net investment income (loss)	1.58%	1.71%	1.87%	1.79%	1.35%
Supplemental Data
Net assets, end of period (000 omitted)	$59,386	$58,940	$61,440	$66,255	$67,435
Portfolio turnover rate^E	20%	32%	30%	29%	49%

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

^B The amounts shown reflect certain reclassifications related to book to tax differences that were made in the year shown.

^C Total distributions of $.65 per share is comprised of distributions from net investment income of $.203 and distributions from net realized gain of $.443 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^G Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2005 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$12.04
Income from Investment Operations
Net investment income (loss)^B	.13
Net realized and unrealized gain (loss)	.33
Total from investment operations	.46
Distributions from net investment income	(.19)
Distributions from net realized gain	(.31)
Total distributions	(.50)
Net asset value, end of period	$12.00
Total Return^C,^D	3.78%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.39%^G,^H
Expenses net of fee waivers, if any	.39%^G,^H
Expenses net of all reductions	.39%^G,^H
Net investment income (loss)	1.30%^G
Supplemental Data
Net assets, end of period (000 omitted)	$1,408
Portfolio turnover rate^E	20%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^E Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2010 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	31.7
Fidelity Series Government Money Market Fund 1.67%	14.5
Fidelity Series Emerging Markets Fund	4.9
Fidelity Advisor Series Growth & Income Fund	4.8
Fidelity Series International Growth Fund	4.3
Fidelity Series International Value Fund	4.3
Fidelity Series Short-Term Credit Fund	3.5
Fidelity Advisor Series Stock Selector Large Cap Value Fund	3.2
Fidelity Advisor Series Equity Value Fund	3.1
Fidelity Advisor Series Equity Growth Fund	2.7
	77.0

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	27.5%
	International Equity Funds	15.0%
	Bond Funds	39.6%
	Short-Term Funds	18.0%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2010 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% 4/26/18
(Cost $29,971)	30,000	29,968
	Shares	Value

Domestic Equity Funds - 27.5%
Fidelity Advisor Series Equity Growth Fund (a)	964,003	$13,023,682
Fidelity Advisor Series Equity Value Fund (a)	1,200,175	15,002,185
Fidelity Advisor Series Growth & Income Fund (a)	1,528,618	22,959,845
Fidelity Advisor Series Growth Opportunities Fund (a)	650,803	8,558,055
Fidelity Advisor Series Opportunistic Insights Fund (a)	678,867	12,165,303
Fidelity Advisor Series Small Cap Fund (a)	548,869	6,526,055
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	1,209,599	15,144,178
Fidelity Series 100 Index Fund (a)	379,614	6,480,007
Fidelity Series 1000 Value Index Fund (a)	206,207	2,542,533
Fidelity Series All-Sector Equity Fund (a)	732,500	8,936,502
Fidelity Series Commodity Strategy Fund (a)	1,843,258	10,008,890
Fidelity Series Real Estate Equity Fund (a)	131,917	1,572,454
Fidelity Series Small Cap Opportunities Fund (a)	558,268	7,960,899
TOTAL DOMESTIC EQUITY FUNDS
(Cost $101,341,624)		130,880,588

International Equity Funds - 15.0%
Fidelity Series Canada Fund (a)	194,875	1,983,826
Fidelity Series Emerging Markets Fund (a)	1,062,323	23,275,501
Fidelity Series International Growth Fund (a)	1,274,462	20,582,564
Fidelity Series International Small Cap Fund (a)	273,791	5,097,991
Fidelity Series International Value Fund (a)	1,916,824	20,222,495
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $49,297,592)		71,162,377

Bond Funds - 39.6%
Fidelity Series Emerging Markets Debt Fund (a)	362,756	3,656,577
Fidelity Series Floating Rate High Income Fund (a)	121,190	1,152,519
Fidelity Series High Income Fund (a)	746,880	7,117,769
Fidelity Series Inflation-Protected Bond Index Fund (a)	1,336,727	12,966,248
Fidelity Series International Credit Fund (a)	25,603	254,240
Fidelity Series Investment Grade Bond Fund (a)	13,663,756	150,574,589
Fidelity Series Long-Term Treasury Bond Index Fund (a)	1,197,926	10,266,228
Fidelity Series Real Estate Income Fund (a)	208,565	2,235,813
TOTAL BOND FUNDS
(Cost $187,755,367)		188,223,983

Short-Term Funds - 18.0%
Fidelity Cash Central Fund, 1.72% (b)	32,232	32,238
Fidelity Series Government Money Market Fund 1.67% (a)(c)	68,838,813	68,838,813
Fidelity Series Short-Term Credit Fund (a)	1,698,861	16,750,769
TOTAL SHORT-TERM FUNDS
(Cost $85,800,266)		85,621,820
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $424,224,820)		475,918,736
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(307,839)
NET ASSETS - 100%		$475,610,897

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$92
Total	$92

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$15,656,078	$2,862,414	$6,868,044	$2,143,113	$1,470,164	$(96,930)	$13,023,682
Fidelity Advisor Series Equity Value Fund	28,203,890	2,645,810	15,224,133(a)	1,630,943	3,175,202	(3,798,584)	15,002,185
Fidelity Advisor Series Growth & Income Fund	19,458,116	10,872,533(a)	8,302,919	1,446,845	314,152	617,963	22,959,845
Fidelity Advisor Series Growth Opportunities Fund	10,275,629	1,333,496	4,410,028	862,176	711,244	647,714	8,558,055
Fidelity Advisor Series Opportunistic Insights Fund	14,545,452	2,506,159	6,428,609	1,836,899	2,041,090	(498,789)	12,165,303
Fidelity Advisor Series Short-Term Credit Fund	19,797,584	1,041,329	3,817,394	267,858	(5,481)	14,204	--
Fidelity Advisor Series Small Cap Fund	7,871,358	865,846	2,582,603	453,679	300,366	71,088	6,526,055
Fidelity Advisor Series Stock Selector Large Cap Value Fund	18,778,707	2,210,350	5,444,177	1,347,470	867,088	(1,267,790)	15,144,178
Fidelity Series 100 Index Fund	8,059,670	518,596	2,910,011	149,325	847,629	(35,877)	6,480,007
Fidelity Series 1000 Value Index Fund	3,126,118	256,949	928,797	113,298	133,155	(44,892)	2,542,533
Fidelity Series All-Sector Equity Fund	10,931,420	1,858,431	3,860,535	1,355,517	554,821	(547,635)	8,936,502
Fidelity Series Canada Fund	--	2,468,862	439,984	24,201	7,159	(52,211)	1,983,826
Fidelity Series Commodity Strategy Fund	8,363,369	3,110,657	1,809,540	54,454	(331,453)	675,857	10,008,890
Fidelity Series Emerging Markets Debt Fund	3,863,369	420,868	574,369	268,692	3,250	(56,541)	3,656,577
Fidelity Series Emerging Markets Fund	33,634,127	2,117,567	19,198,177	733,773	3,666,451	3,055,533	23,275,501
Fidelity Series Floating Rate High Income Fund	1,270,072	123,073	239,313	59,672	(8,748)	7,435	1,152,519
Fidelity Series Government Money Market Fund 1.67%	62,061,398	18,560,452	11,783,037	720,336	--	--	68,838,813
Fidelity Series High Income Fund	7,700,215	813,561	1,340,481	458,361	(27,791)	(27,735)	7,117,769
Fidelity Series Inflation-Protected Bond Index Fund	13,476,555	2,312,314	2,595,290	276,024	(48,671)	(178,660)	12,966,248
Fidelity Series International Credit Fund	--	256,023	--	3,134	--	(129)	254,240
Fidelity Series International Growth Fund	23,784,996	1,855,342	8,629,290	684,753	2,421,193	1,150,323	20,582,564
Fidelity Series International Small Cap Fund	5,424,288	603,737	2,043,352	324,195	542,397	570,921	5,097,991
Fidelity Series International Value Fund	23,846,343	2,009,903	7,825,696	683,869	900,119	1,291,826	20,222,495
Fidelity Series Investment Grade Bond Fund	153,919,482	26,146,495	27,596,288	4,487,402	(60,056)	(1,835,044)	150,574,589
Fidelity Series Long-Term Treasury Bond Index Fund	155,146	11,674,692	1,271,189	178,264	(29,904)	(262,517)	10,266,228
Fidelity Series Real Estate Equity Fund	1,862,474	309,545	461,531	89,845	34,545	(172,579)	1,572,454
Fidelity Series Real Estate Income Fund	2,494,077	270,269	450,030	150,956	18,491	(96,994)	2,235,813
Fidelity Series Short-Term Credit Fund	--	497,018	595,689	60,937	(2,356)	(178,446)	16,750,769
Fidelity Series Small Cap Opportunities Fund	9,440,735	1,341,994	2,872,628	909,352	541,951	(491,153)	7,960,899
	$508,000,668	$101,864,285	$150,503,134	$21,775,343	$18,036,007	$(1,539,642)	$475,856,530

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$29,968	$--	$29,968	$--
Domestic Equity Funds	130,880,588	130,880,588	--	--
International Equity Funds	71,162,377	71,162,377	--	--
Bond Funds	188,223,983	188,223,983	--	--
Short-Term Funds	85,621,820	85,621,820	--	--
Total Investments in Securities:	$475,918,736	$475,888,768	$29,968	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2010 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $29,971)	$29,968
Fidelity Central Funds (cost $32,238)	32,238
Affiliated issuers (cost $424,162,611)	475,856,530
Total Investment in Securities (cost $424,224,820)		$475,918,736
Cash		11,291
Receivable for investments sold		989,610
Receivable for fund shares sold		305,000
Distributions receivable from Fidelity Central Funds		43
Total assets		477,224,680
Liabilities
Payable for investments purchased	$268,431
Payable for fund shares redeemed	1,027,843
Accrued management fee	213,777
Distribution and service plan fees payable	103,732
Total liabilities		1,613,783
Net Assets		$475,610,897
Net Assets consist of:
Paid in capital		$410,299,497
Undistributed net investment income		640,647
Accumulated undistributed net realized gain (loss) on investments		12,976,837
Net unrealized appreciation (depreciation) on investments		51,693,916
Net Assets		$475,610,897
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($230,552,599 ÷ 18,561,273 shares)		$12.42
Maximum offering price per share (100/94.25 of $12.42)		$13.18
Class M:
Net Asset Value and redemption price per share ($77,068,091 ÷ 6,228,826 shares)		$12.37
Maximum offering price per share (100/96.50 of $12.37)		$12.82
Class C:
Net Asset Value and offering price per share ($26,226,974 ÷ 2,133,964 shares)^(a)		$12.29
Class I:
Net Asset Value, offering price and redemption price per share ($137,019,279 ÷ 10,986,783 shares)		$12.47
Class Z6:
Net Asset Value, offering price and redemption price per share ($4,743,954 ÷ 380,519 shares)		$12.47

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$9,834,729
Interest		75
Income from Fidelity Central Funds		92
Total income		9,834,896
Expenses
Management fee	$2,201,786
Distribution and service plan fees	1,320,071
Independent trustees' fees and expenses	1,840
Total expenses before reductions	3,523,697
Expense reductions	(337)	3,523,360
Net investment income (loss)		6,311,536
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	18,036,007
Futures contracts	23,277
Realized gain distributions from underlying funds:
Affiliated issuers	11,940,614
Total net realized gain (loss)		29,999,898
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(3)
Other affiliated issuers	(1,539,642)
Total change in net unrealized appreciation (depreciation)		(1,539,645)
Net gain (loss)		28,460,253
Net increase (decrease) in net assets resulting from operations		$34,771,789

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$6,311,536	$7,994,033
Net realized gain (loss)	29,999,898	14,958,776
Change in net unrealized appreciation (depreciation)	(1,539,645)	24,180,114
Net increase (decrease) in net assets resulting from operations	34,771,789	47,132,923
Distributions to shareholders from net investment income	(6,662,107)	(8,289,234)
Distributions to shareholders from net realized gain	(24,206,337)	(16,768,439)
Total distributions	(30,868,444)	(25,057,673)
Share transactions - net increase (decrease)	(36,175,930)	(109,968,419)
Total increase (decrease) in net assets	(32,272,585)	(87,893,169)
Net Assets
Beginning of period	507,883,482	595,776,651
End of period	$475,610,897	$507,883,482
Other Information
Undistributed net investment income end of period	$640,647	$991,217

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2010 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.34	$11.87	$12.72	$12.91	$12.50
Income from Investment Operations
Net investment income (loss)^A	.16	.18	.20	.20	.15
Net realized and unrealized gain (loss)	.72	.84	(.41)	.44	.82
Total from investment operations	.88	1.02	(.21)	.64	.97
Distributions from net investment income	(.17)	(.19)	(.21)	(.22)	(.14)
Distributions from net realized gain	(.62)	(.36)	(.44)	(.61)	(.42)
Total distributions	(.80)^B	(.55)	(.64)^C	(.83)	(.56)
Net asset value, end of period	$12.42	$12.34	$11.87	$12.72	$12.91
Total Return^D,^E	7.18%	8.87%	(1.67)%	5.08%	7.86%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.69%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.69%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.69%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.29%	1.45%	1.63%	1.55%	1.15%
Supplemental Data
Net assets, end of period (000 omitted)	$230,553	$263,496	$328,232	$431,498	$502,834
Portfolio turnover rate^F	20%	26%	21%	22%	39%

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

^B Total distributions of $.80 per share is comprised of distributions from net investment income of $.173 and distributions from net realized gain of $.624 per share.

^C Total distributions of $.64 per share is comprised of distributions from net investment income of $.206 and distributions from net realized gain of $.437 per share.

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

^E Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2010 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.30	$11.83	$12.68	$12.87	$12.46
Income from Investment Operations
Net investment income (loss)^A	.13	.14	.17	.17	.11
Net realized and unrealized gain (loss)	.71	.85	(.41)	.43	.83
Total from investment operations	.84	.99	(.24)	.60	.94
Distributions from net investment income	(.15)	(.16)	(.18)	(.18)	(.11)
Distributions from net realized gain	(.62)	(.36)	(.44)	(.61)	(.42)
Total distributions	(.77)	(.52)	(.61)^B	(.79)	(.53)
Net asset value, end of period	$12.37	$12.30	$11.83	$12.68	$12.87
Total Return^C,^D	6.89%	8.63%	(1.92)%	4.81%	7.62%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.94%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	.94%	.50%	.50%	.50%	.50%
Expenses net of all reductions	.94%	.50%	.50%	.50%	.50%
Net investment income (loss)	1.03%	1.20%	1.38%	1.30%	.90%
Supplemental Data
Net assets, end of period (000 omitted)	$77,068	$83,881	$92,543	$106,189	$124,997
Portfolio turnover rate^E	20%	26%	21%	22%	39%

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

^B Total distributions of $.61 per share is comprised of distributions from net investment income of $.176 and distributions from net realized gain of $.437 per share.

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

^D Total returns do not include the effect of the sales charges.

^E Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2010 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.22	$11.76	$12.60	$12.79	$12.39
Income from Investment Operations
Net investment income (loss)^A	.07	.08	.11	.10	.05
Net realized and unrealized gain (loss)	.70	.84	(.40)	.44	.81
Total from investment operations	.77	.92	(.29)	.54	.86
Distributions from net investment income	(.08)	(.10)	(.11)	(.12)	(.05)
Distributions from net realized gain	(.62)	(.36)	(.44)	(.61)	(.41)
Total distributions	(.70)	(.46)	(.55)	(.73)	(.46)
Net asset value, end of period	$12.29	$12.22	$11.76	$12.60	$12.79
Total Return^B,^C	6.37%	8.07%	(2.39)%	4.33%	7.04%
Ratios to Average Net Assets^D,^E
Expenses before reductions	1.44%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.44%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.44%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.54%	.70%	.88%	.80%	.40%
Supplemental Data
Net assets, end of period (000 omitted)	$26,227	$29,290	$30,150	$34,839	$36,622
Portfolio turnover rate^D	20%	26%	21%	22%	39%

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

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

^C Total returns do not include the effect of the contingent deferred sales charge.

^D Amounts do not include the activity of the Underlying Funds.

^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2010 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.40	$11.92	$12.77	$12.96	$12.55
Income from Investment Operations
Net investment income (loss)^A	.19	.21	.23	.23	.18
Net realized and unrealized gain (loss)	.72	.85	(.40)	.44	.82
Total from investment operations	.91	1.06	(.17)	.67	1.00
Distributions from net investment income	(.21)	(.22)	(.24)	(.25)	(.17)
Distributions from net realized gain	(.62)	(.36)	(.44)	(.61)	(.42)
Total distributions	(.84)^B	(.58)	(.68)	(.86)	(.59)
Net asset value, end of period	$12.47	$12.40	$11.92	$12.77	$12.96
Total Return^C	7.39%	9.22%	(1.40)%	5.34%	8.10%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.45%	- %^F	- %^F	- %^F	- %^F
Expenses net of fee waivers, if any	.45%	-%	-%	-%	-%
Expenses net of all reductions	.45%	-%	-%	-%	-%
Net investment income (loss)	1.53%	1.70%	1.88%	1.80%	1.40%
Supplemental Data
Net assets, end of period (000 omitted)	$137,019	$131,216	$143,715	$158,071	$191,276
Portfolio turnover rate^D	20%	26%	21%	22%	39%

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

^B Total distributions of $.84 per share is comprised of distributions from net investment income of $.212 and distributions from net realized gain of $.624 per share.

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

^D Amounts do not include the activity of the Underlying Funds.

^F Amount represents less than .005% per share.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2010 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$12.50
Income from Investment Operations
Net investment income (loss)^B	.05
Net realized and unrealized gain (loss)	.53
Total from investment operations	.58
Distributions from net investment income	(.20)
Distributions from net realized gain	(.42)
Total distributions	(.61)^C
Net asset value, end of period	$12.47
Total Return^D,^E	4.62%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.41%^H,^I
Expenses net of fee waivers, if any	.41%^H,^I
Expenses net of all reductions	.41%^H,^I
Net investment income (loss)	.45%^H
Supplemental Data
Net assets, end of period (000 omitted)	$4,744
Portfolio turnover rate^F	20%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

^C Total distributions of $.61 per share is comprised of distributions from net investment income of $.195 and distributions from net realized gain of $.416 per share.

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

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

^F Amounts do not include the activity of the Underlying Funds.

^H Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2015 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	28.2
Fidelity Series Government Money Market Fund 1.67%	10.8
Fidelity Advisor Series Growth & Income Fund	6.0
Fidelity Series Emerging Markets Fund	5.6
Fidelity Series International Growth Fund	5.2
Fidelity Series International Value Fund	5.1
Fidelity Advisor Series Stock Selector Large Cap Value Fund	4.0
Fidelity Advisor Series Equity Value Fund	3.9
Fidelity Advisor Series Equity Growth Fund	3.4
Fidelity Advisor Series Opportunistic Insights Fund	3.2
	75.4

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	33.7%
	International Equity Funds	17.7%
	Bond Funds	35.3%
	Short-Term Funds	13.4%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2015 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% 4/26/18
(Cost $49,952)	50,000	49,947
	Shares	Value

Domestic Equity Funds - 33.7%
Fidelity Advisor Series Equity Growth Fund (a)	2,804,696	$37,891,446
Fidelity Advisor Series Equity Value Fund (a)	3,492,143	43,651,783
Fidelity Advisor Series Growth & Income Fund (a)	4,448,354	66,814,273
Fidelity Advisor Series Growth Opportunities Fund (a)	1,893,084	24,894,051
Fidelity Advisor Series Opportunistic Insights Fund (a)	1,972,351	35,344,528
Fidelity Advisor Series Small Cap Fund (a)	1,596,030	18,976,799
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	3,519,333	44,062,046
Fidelity Series 100 Index Fund (a)	1,103,227	18,832,089
Fidelity Series 1000 Value Index Fund (a)	598,674	7,381,653
Fidelity Series All-Sector Equity Fund (a)	2,130,686	25,994,366
Fidelity Series Commodity Strategy Fund (a)	4,314,469	23,427,565
Fidelity Series Real Estate Equity Fund (a)	383,593	4,572,433
Fidelity Series Small Cap Opportunities Fund (a)	1,623,676	23,153,614
TOTAL DOMESTIC EQUITY FUNDS
(Cost $285,742,501)		374,996,646

International Equity Funds - 17.7%
Fidelity Series Canada Fund (a)	546,435	5,562,712
Fidelity Series Emerging Markets Fund (a)	2,841,171	62,250,067
Fidelity Series International Growth Fund (a)	3,556,266	57,433,691
Fidelity Series International Small Cap Fund (a)	767,874	14,297,809
Fidelity Series International Value Fund (a)	5,377,061	56,727,990
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $133,642,401)		196,272,269

Bond Funds - 35.3%
Fidelity Series Emerging Markets Debt Fund (a)	824,186	8,307,794
Fidelity Series Floating Rate High Income Fund (a)	279,329	2,656,415
Fidelity Series High Income Fund (a)	1,725,255	16,441,680
Fidelity Series Inflation-Protected Bond Index Fund (a)	2,218,691	21,521,301
Fidelity Series International Credit Fund (a)	60,940	605,136
Fidelity Series Investment Grade Bond Fund (a)	28,374,876	312,691,131
Fidelity Series Long-Term Treasury Bond Index Fund (a)	2,831,351	24,264,680
Fidelity Series Real Estate Income Fund (a)	485,916	5,209,016
TOTAL BOND FUNDS
(Cost $390,529,575)		391,697,153

Short-Term Funds - 13.4%
Fidelity Cash Central Fund, 1.72% (b)	81,003	81,019
Fidelity Series Government Money Market Fund 1.67% (a)(c)	119,493,654	119,493,654
Fidelity Series Short-Term Credit Fund (a)	2,942,813	29,016,136
TOTAL SHORT-TERM FUNDS
(Cost $148,920,430)		148,590,809
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $958,884,859)		1,111,606,824
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(770,720)
NET ASSETS - 100%		$1,110,836,104

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$209
Total	$209

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$45,524,066	$7,150,020	$18,772,052	$6,231,707	$4,270,464	$(281,052)	$37,891,446
Fidelity Advisor Series Equity Value Fund	81,815,902	6,305,299	42,664,742(a)	4,743,281	6,833,567	(8,638,243)	43,651,783
Fidelity Advisor Series Growth & Income Fund	56,487,336	29,484,402(a)	21,859,655	4,210,885	1,010,183	1,692,007	66,814,273
Fidelity Advisor Series Growth Opportunities Fund	29,904,426	3,106,234	12,070,357	2,507,057	2,073,439	1,880,309	24,894,051
Fidelity Advisor Series Opportunistic Insights Fund	42,300,151	6,198,643	17,633,294	5,345,900	5,931,068	(1,452,040)	35,344,528
Fidelity Advisor Series Short-Term Credit Fund	33,790,894	1,416,324	5,695,215	453,874	(4,424)	42,053	--
Fidelity Advisor Series Small Cap Fund	22,747,133	1,967,810	6,809,728	1,319,210	846,499	225,085	18,976,799
Fidelity Advisor Series Stock Selector Large Cap Value Fund	54,308,043	4,981,625	14,065,044	3,916,529	2,449,311	(3,611,889)	44,062,046
Fidelity Series 100 Index Fund	23,471,812	886,462	7,892,194	434,210	2,288,182	77,827	18,832,089
Fidelity Series 1000 Value Index Fund	9,072,554	506,037	2,453,775	329,358	386,166	(129,329)	7,381,653
Fidelity Series All-Sector Equity Fund	31,808,427	4,568,556	10,405,539	3,938,978	1,497,717	(1,474,795)	25,994,366
Fidelity Series Canada Fund	--	6,766,346	1,102,034	68,076	18,082	(119,682)	5,562,712
Fidelity Series Commodity Strategy Fund	19,730,718	7,204,465	4,317,566	128,035	(1,760,077)	2,570,025	23,427,565
Fidelity Series Emerging Markets Debt Fund	9,038,148	772,816	1,383,775	619,161	8,939	(128,334)	8,307,794
Fidelity Series Emerging Markets Fund	88,257,284	3,627,844	47,260,626	1,957,865	8,800,419	8,825,146	62,250,067
Fidelity Series Floating Rate High Income Fund	3,032,156	203,882	576,542	139,889	(25,317)	22,236	2,656,415
Fidelity Series Government Money Market Fund 1.67%	105,863,553	34,517,315	20,887,214	1,240,652	--	--	119,493,654
Fidelity Series High Income Fund	18,383,602	1,438,331	3,256,632	1,074,798	(82,951)	(40,670)	16,441,680
Fidelity Series Inflation-Protected Bond Index Fund	22,627,640	3,698,404	4,421,123	462,945	(112,224)	(271,396)	21,521,301
Fidelity Series International Credit Fund	--	609,382	--	7,456	--	(309)	605,136
Fidelity Series International Growth Fund	67,875,480	3,345,585	23,878,707	1,919,259	7,376,580	2,714,753	57,433,691
Fidelity Series International Small Cap Fund	15,477,302	1,248,909	5,576,738	908,676	1,655,400	1,492,936	14,297,809
Fidelity Series International Value Fund	68,051,945	3,522,420	21,036,124	1,919,839	2,559,661	3,630,088	56,727,990
Fidelity Series Investment Grade Bond Fund	323,226,746	52,234,111	58,863,799	9,344,404	(111,059)	(3,794,868)	312,691,131
Fidelity Series Long-Term Treasury Bond Index Fund	310,205	27,404,238	2,759,241	420,782	(63,829)	(626,693)	24,264,680
Fidelity Series Real Estate Equity Fund	5,406,610	825,505	1,254,496	260,785	69,765	(474,951)	4,572,433
Fidelity Series Real Estate Income Fund	5,999,051	477,205	1,084,640	356,156	62,105	(244,705)	5,209,016
Fidelity Series Short-Term Credit Fund	--	860,295	1,059,475	105,627	(4,696)	(329,620)	29,016,136
Fidelity Series Small Cap Opportunities Fund	27,405,880	3,172,968	7,562,054	2,641,694	1,479,966	(1,343,146)	23,153,614
	$1,211,917,064	$218,501,433	$366,602,381	$57,007,088	$47,452,936	$210,743	$1,111,475,858

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$49,947	$--	$49,947	$--
Domestic Equity Funds	374,996,646	374,996,646	--	--
International Equity Funds	196,272,269	196,272,269	--	--
Bond Funds	391,697,153	391,697,153	--	--
Short-Term Funds	148,590,809	148,590,809	--	--
Total Investments in Securities:	$1,111,606,824	$1,111,556,877	$49,947	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2015 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $49,952)	$49,947
Fidelity Central Funds (cost $81,019)	81,019
Affiliated issuers (cost $958,753,888)	1,111,475,858
Total Investment in Securities (cost $958,884,859)		$1,111,606,824
Cash		6,514
Receivable for investments sold		1,615,022
Receivable for fund shares sold		409,678
Distributions receivable from Fidelity Central Funds		111
Total assets		1,113,638,149
Liabilities
Payable for investments purchased	$899,384
Payable for fund shares redeemed	1,129,949
Accrued management fee	538,716
Distribution and service plan fees payable	233,996
Total liabilities		2,802,045
Net Assets		$1,110,836,104
Net Assets consist of:
Paid in capital		$919,353,700
Undistributed net investment income		957,886
Accumulated undistributed net realized gain (loss) on investments		37,802,553
Net unrealized appreciation (depreciation) on investments		152,721,965
Net Assets		$1,110,836,104
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($551,179,398 ÷ 43,795,286 shares)		$12.59
Maximum offering price per share (100/94.25 of $12.59)		$13.36
Class M:
Net Asset Value and redemption price per share ($167,834,965 ÷ 13,365,140 shares)		$12.56
Maximum offering price per share (100/96.50 of $12.56)		$13.02
Class C:
Net Asset Value and offering price per share ($54,729,889 ÷ 4,388,153 shares)^(a)		$12.47
Class I:
Net Asset Value, offering price and redemption price per share ($324,188,934 ÷ 25,550,910 shares)		$12.69
Class Z6:
Net Asset Value, offering price and redemption price per share ($12,902,918 ÷ 1,018,118 shares)		$12.67

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$22,881,527
Interest		125
Income from Fidelity Central Funds		209
Total income		22,881,861
Expenses
Management fee	$5,613,973
Distribution and service plan fees	3,008,585
Independent trustees' fees and expenses	4,356
Total expenses before reductions	8,626,914
Expense reductions	(796)	8,626,118
Net investment income (loss)		14,255,743
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	47,452,936
Futures contracts	46,554
Realized gain distributions from underlying funds:
Affiliated issuers	34,125,561
Total net realized gain (loss)		81,625,051
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(5)
Other affiliated issuers	210,743
Total change in net unrealized appreciation (depreciation)		210,738
Net gain (loss)		81,835,789
Net increase (decrease) in net assets resulting from operations		$96,091,532

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$14,255,743	$18,746,280
Net realized gain (loss)	81,625,051	34,433,131
Change in net unrealized appreciation (depreciation)	210,738	71,901,912
Net increase (decrease) in net assets resulting from operations	96,091,532	125,081,323
Distributions to shareholders from net investment income	(15,646,822)	(19,217,331)
Distributions to shareholders from net realized gain	(63,171,458)	(39,746,083)
Total distributions	(78,818,280)	(58,963,414)
Share transactions - net increase (decrease)	(118,085,087)	(212,702,716)
Total increase (decrease) in net assets	(100,811,835)	(146,584,807)
Net Assets
Beginning of period	1,211,647,939	1,358,232,746
End of period	$1,110,836,104	$1,211,647,939
Other Information
Undistributed net investment income end of period	$957,886	$2,348,966

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2015 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.43	$11.81	$12.70	$12.87	$12.47
Income from Investment Operations
Net investment income (loss)^A	.16	.18	.20	.20	.15
Net realized and unrealized gain (loss)	.87	.99	(.45)	.49	.89
Total from investment operations	1.03	1.17	(.25)	.69	1.04
Distributions from net investment income	(.18)	(.19)	(.21)	(.21)	(.15)
Distributions from net realized gain	(.70)	(.36)	(.43)	(.64)	(.50)
Total distributions	(.87)^B	(.55)	(.64)	(.86)^C	(.64)^D
Net asset value, end of period	$12.59	$12.43	$11.81	$12.70	$12.87
Total Return^E,^F	8.42%	10.23%	(2.07)%	5.51%	8.54%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.72%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.72%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.72%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.22%	1.46%	1.64%	1.58%	1.19%
Supplemental Data
Net assets, end of period (000 omitted)	$551,179	$653,982	$739,929	$967,164	$1,086,606
Portfolio turnover rate^H	19%	22%	20%	21%	37%

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

^B Total distributions of $.87 per share is comprised of distributions from net investment income of $.175 and distributions from net realized gain of $.699 per share.

^C Total distributions of $.86 per share is comprised of distributions from net investment income of $.214 and distributions from net realized gain of $.642 per share.

^D Total distributions of $.64 per share is comprised of distributions from net investment income of $.146 and distributions from net realized gain of $.498 per share.

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

^F Total returns do not include the effect of the sales charges.

^H Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2015 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.41	$11.79	$12.68	$12.85	$12.46
Income from Investment Operations
Net investment income (loss)^A	.12	.15	.17	.17	.12
Net realized and unrealized gain (loss)	.87	.99	(.45)	.48	.88
Total from investment operations	.99	1.14	(.28)	.65	1.00
Distributions from net investment income	(.15)	(.16)	(.18)	(.18)	(.11)
Distributions from net realized gain	(.70)	(.36)	(.43)	(.64)	(.50)
Total distributions	(.84)^B	(.52)	(.61)	(.82)	(.61)
Net asset value, end of period	$12.56	$12.41	$11.79	$12.68	$12.85
Total Return^C,^D	8.10%	9.98%	(2.32)%	5.26%	8.20%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.98%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	.98%	.50%	.50%	.50%	.50%
Expenses net of all reductions	.98%	.50%	.50%	.50%	.50%
Net investment income (loss)	.96%	1.21%	1.39%	1.33%	.94%
Supplemental Data
Net assets, end of period (000 omitted)	$167,835	$178,795	$190,018	$208,468	$226,663
Portfolio turnover rate^F	19%	22%	20%	21%	37%

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

^B Total distributions of $.84 per share is comprised of distributions from net investment income of $.145 and distributions from net realized gain of $.699 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2015 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.32	$11.72	$12.60	$12.77	$12.39
Income from Investment Operations
Net investment income (loss)^A	.06	.08	.11	.11	.05
Net realized and unrealized gain (loss)	.86	.98	(.45)	.48	.88
Total from investment operations	.92	1.06	(.34)	.59	.93
Distributions from net investment income	(.08)	(.10)	(.11)	(.12)	(.06)
Distributions from net realized gain	(.70)	(.36)	(.43)	(.64)	(.49)
Total distributions	(.77)^B	(.46)	(.54)	(.76)	(.55)
Net asset value, end of period	$12.47	$12.32	$11.72	$12.60	$12.77
Total Return^C,^D	7.57%	9.33%	(2.76)%	4.75%	7.65%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.48%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.48%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.48%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.47%	.71%	.89%	.83%	.44%
Supplemental Data
Net assets, end of period (000 omitted)	$54,730	$61,332	$63,443	$72,725	$75,682
Portfolio turnover rate ^F	19%	22%	20%	21%	37%

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

^B Total distributions of $.77 per share is comprised of distributions from net investment income of $.075 and distributions from net realized gain of $.699 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2015 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.53	$11.90	$12.79	$12.96	$12.56
Income from Investment Operations
Net investment income (loss)^A	.19	.21	.23	.24	.18
Net realized and unrealized gain (loss)	.88	1.00	(.45)	.48	.90
Total from investment operations	1.07	1.21	(.22)	.72	1.08
Distributions from net investment income	(.21)	(.22)	(.24)	(.25)	(.18)
Distributions from net realized gain	(.70)	(.36)	(.43)	(.64)	(.50)
Total distributions	(.91)	(.58)	(.67)	(.89)	(.68)
Net asset value, end of period	$12.69	$12.53	$11.90	$12.79	$12.96
Total Return^B	8.66%	10.53%	(1.80)%	5.74%	8.75%
Ratios to Average Net Assets^C,^D
Expenses before reductions	.48%	- %^E	- %^E	- %^E	- %^E
Expenses net of fee waivers, if any	.48%	-%	-%	-%	-%
Expenses net of all reductions	.48%	-%	-%	-%	-%
Net investment income (loss)	1.46%	1.71%	1.89%	1.83%	1.44%
Supplemental Data
Net assets, end of period (000 omitted)	$324,189	$317,539	$361,722	$425,176	$488,611
Portfolio turnover rate^C	19%	22%	20%	21%	37%

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

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

^C Amounts do not include the activity of the Underlying Funds.

^D Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

^E Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2015 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$12.66
Income from Investment Operations
Net investment income (loss)^B	.18
Net realized and unrealized gain (loss)	.51
Total from investment operations	.69
Distributions from net investment income	(.21)
Distributions from net realized gain	(.47)
Total distributions	(.68)
Net asset value, end of period	$12.67
Total Return^C,^D	5.42%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.43%^G,^H
Expenses net of fee waivers, if any	.43%^G,^H
Expenses net of all reductions	.43%^G,^H
Net investment income (loss)	1.75%^G
Supplemental Data
Net assets, end of period (000 omitted)	$12,903
Portfolio turnover rate^F	19%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^F Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2020 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	25.5
Fidelity Series Government Money Market Fund 1.67%	8.1
Fidelity Advisor Series Growth & Income Fund	6.9
Fidelity Series Emerging Markets Fund	6.2
Fidelity Series International Growth Fund	5.8
Fidelity Series International Value Fund	5.7
Fidelity Advisor Series Stock Selector Large Cap Value Fund	4.6
Fidelity Advisor Series Equity Value Fund	4.5
Fidelity Advisor Series Equity Growth Fund	3.9
Fidelity Advisor Series Opportunistic Insights Fund	3.6
	74.8

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	38.5%
	International Equity Funds	19.7%
	Bond Funds	31.8%
	Short-Term Funds	10.1%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2020 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% to 1.52% 4/26/18 to 5/10/18
(Cost $109,888)	110,000	109,876
	Shares	Value

Domestic Equity Funds - 38.5%
Fidelity Advisor Series Equity Growth Fund (a)	7,253,623	$97,996,442
Fidelity Advisor Series Equity Value Fund (a)	9,038,162	112,977,029
Fidelity Advisor Series Growth & Income Fund (a)	11,516,012	172,970,500
Fidelity Advisor Series Growth Opportunities Fund (a)	4,894,795	64,366,555
Fidelity Advisor Series Opportunistic Insights Fund (a)	5,095,755	91,315,922
Fidelity Advisor Series Small Cap Fund (a)	4,127,611	49,077,299
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	9,109,237	114,047,646
Fidelity Series 100 Index Fund (a)	2,851,626	48,677,255
Fidelity Series 1000 Value Index Fund (a)	1,547,569	19,081,531
Fidelity Series All-Sector Equity Fund (a)	5,511,930	67,245,550
Fidelity Series Commodity Strategy Fund (a)	9,772,883	53,066,753
Fidelity Series Real Estate Equity Fund (a)	991,363	11,817,048
Fidelity Series Small Cap Opportunities Fund (a)	4,198,868	59,875,853
TOTAL DOMESTIC EQUITY FUNDS
(Cost $749,305,401)		962,515,383

International Equity Funds - 19.7%
Fidelity Series Canada Fund (a)	1,387,203	14,121,725
Fidelity Series Emerging Markets Fund (a)	7,035,633	154,150,718
Fidelity Series International Growth Fund (a)	8,976,504	144,970,532
Fidelity Series International Small Cap Fund (a)	1,947,193	36,256,739
Fidelity Series International Value Fund (a)	13,644,195	143,946,261
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $345,563,320)		493,445,975

Bond Funds - 31.8%
Fidelity Series Emerging Markets Debt Fund (a)	1,793,250	18,075,963
Fidelity Series Floating Rate High Income Fund (a)	617,252	5,870,063
Fidelity Series High Income Fund (a)	3,834,431	36,542,127
Fidelity Series Inflation-Protected Bond Index Fund (a)	2,944,306	28,559,768
Fidelity Series International Credit Fund (a)	130,981	1,300,646
Fidelity Series Investment Grade Bond Fund (a)	57,806,551	637,028,192
Fidelity Series Long-Term Treasury Bond Index Fund (a)	6,451,866	55,292,489
Fidelity Series Real Estate Income Fund (a)	1,079,288	11,569,965
TOTAL BOND FUNDS
(Cost $806,600,690)		794,239,213

Short-Term Funds - 10.1%
Fidelity Cash Central Fund, 1.72%(b)	190,474	190,512
Fidelity Series Government Money Market Fund 1.67% (a)(c)	204,141,698	204,141,698
Fidelity Series Short-Term Credit Fund (a)	4,999,441	49,294,490
TOTAL SHORT-TERM FUNDS
(Cost $254,175,206)		253,626,700
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $2,155,754,505)		2,503,937,147
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(1,767,062)
NET ASSETS - 100%		$2,502,170,085

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$509
Total	$509

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$107,899,662	$19,299,531	$38,395,538	$15,611,037	$8,509,044	$683,743	$97,996,442
Fidelity Advisor Series Equity Value Fund	192,890,348	18,640,720	93,743,504(a)	11,823,492	9,127,625	(13,938,160)	112,977,029
Fidelity Advisor Series Growth & Income Fund	133,562,727	74,400,985(a)	41,186,644	10,388,742	1,642,032	4,551,400	172,970,500
Fidelity Advisor Series Growth Opportunities Fund	70,967,317	8,694,513	24,733,408	6,280,189	4,130,769	5,307,364	64,366,555
Fidelity Advisor Series Opportunistic Insights Fund	100,276,958	16,850,191	36,289,532	13,422,185	11,835,558	(1,357,253)	91,315,922
Fidelity Advisor Series Short-Term Credit Fund	53,699,458	2,197,833	7,218,323	737,017	(3,544)	62,921	--
Fidelity Advisor Series Small Cap Fund	53,446,579	5,827,405	12,658,882	3,304,794	1,485,884	976,313	49,077,299
Fidelity Advisor Series Stock Selector Large Cap Value Fund	128,008,473	14,677,322	25,348,304	9,857,185	3,175,812	(6,465,657)	114,047,646
Fidelity Series 100 Index Fund	55,757,975	2,895,843	15,646,719	1,087,703	3,752,009	1,918,147	48,677,255
Fidelity Series 1000 Value Index Fund	21,451,762	1,560,665	4,509,798	826,349	603,784	(24,882)	19,081,531
Fidelity Series All-Sector Equity Fund	75,469,271	12,501,436	20,381,185	9,933,166	2,308,816	(2,652,788)	67,245,550
Fidelity Series Canada Fund	--	16,530,897	2,174,064	166,360	37,556	(272,664)	14,121,725
Fidelity Series Commodity Strategy Fund	41,695,481	16,863,609	7,274,772	278,853	(1,886,258)	3,668,693	53,066,753
Fidelity Series Emerging Markets Debt Fund	18,811,124	1,871,420	2,344,043	1,313,527	3,598	(266,136)	18,075,963
Fidelity Series Emerging Markets Fund	197,902,416	10,779,435	94,957,778	4,715,100	15,053,628	25,373,017	154,150,718
Fidelity Series Floating Rate High Income Fund	6,322,119	531,460	976,656	299,029	(35,587)	28,727	5,870,063
Fidelity Series Government Money Market Fund 1.67%	168,214,560	62,529,420	26,602,282	2,039,464	--	--	204,141,698
Fidelity Series High Income Fund	38,742,751	3,609,773	5,518,619	2,321,021	(109,432)	(182,346)	36,542,127
Fidelity Series Inflation-Protected Bond Index Fund	28,153,800	5,310,943	4,411,702	597,888	(122,287)	(370,986)	28,559,768
Fidelity Series International Credit Fund	--	1,309,766	--	16,033	--	(657)	1,300,646
Fidelity Series International Growth Fund	159,124,886	10,106,790	48,026,414	4,715,322	11,474,212	12,291,058	144,970,532
Fidelity Series International Small Cap Fund	36,182,712	3,561,658	10,962,252	2,232,414	2,321,310	5,153,311	36,256,739
Fidelity Series International Value Fund	159,539,367	10,910,899	40,853,263	4,712,388	3,370,052	10,979,206	143,946,261
Fidelity Series Investment Grade Bond Fund	617,537,596	116,794,222	89,339,892	18,372,827	(35,141)	(7,928,593)	637,028,192
Fidelity Series Long-Term Treasury Bond Index Fund	578,556	60,853,469	4,652,844	925,585	(99,245)	(1,387,447)	55,292,489
Fidelity Series Real Estate Equity Fund	12,783,544	2,391,636	2,338,693	645,490	29,330	(1,048,769)	11,817,048
Fidelity Series Real Estate Income Fund	12,602,093	1,204,487	1,837,307	766,306	78,584	(477,892)	11,569,965
Fidelity Series Short-Term Credit Fund	--	2,188,202	1,078,020	177,523	(5,531)	(548,506)	49,294,490
Fidelity Series Small Cap Opportunities Fund	64,799,072	8,860,632	14,113,716	6,503,851	1,419,148	(1,089,283)	59,875,853
	$2,556,420,607	$513,755,162	$677,574,154	$134,070,840	$78,061,726	$32,981,881	$2,503,636,759

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$109,876	$--	$109,876	$--
Domestic Equity Funds	962,515,383	962,515,383	--	--
International Equity Funds	493,445,975	493,445,975	--	--
Bond Funds	794,239,213	794,239,213	--	--
Short-Term Funds	253,626,700	253,626,700	--	--
Total Investments in Securities:	$2,503,937,147	$2,503,827,271	$109,876	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2020 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $109,888)	$109,876
Fidelity Central Funds (cost $190,512)	190,512
Affiliated issuers (cost $2,155,454,105)	2,503,636,759
Total Investment in Securities (cost $2,155,754,505)		$2,503,937,147
Cash		9,702
Receivable for investments sold		2,156,793
Receivable for fund shares sold		5,205,905
Distributions receivable from Fidelity Central Funds		259
Total assets		2,511,309,806
Liabilities
Payable for investments purchased	$5,536,889
Payable for fund shares redeemed	1,813,283
Accrued management fee	1,296,740
Distribution and service plan fees payable	492,809
Total liabilities		9,139,721
Net Assets		$2,502,170,085
Net Assets consist of:
Paid in capital		$2,069,976,088
Undistributed net investment income		1,145,206
Accumulated undistributed net realized gain (loss) on investments		82,866,149
Net unrealized appreciation (depreciation) on investments		348,182,642
Net Assets		$2,502,170,085
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($1,196,128,033 ÷ 87,225,224 shares)		$13.71
Maximum offering price per share (100/94.25 of $13.71)		$14.55
Class M:
Net Asset Value and redemption price per share ($374,470,261 ÷ 27,320,510 shares)		$13.71
Maximum offering price per share (100/96.50 of $13.71)		$14.21
Class C:
Net Asset Value and offering price per share ($98,877,667 ÷ 7,272,273 shares)^(a)		$13.60
Class I:
Net Asset Value, offering price and redemption price per share ($803,562,030 ÷ 58,137,780 shares)		$13.82
Class Z6:
Net Asset Value, offering price and redemption price per share ($29,132,094 ÷ 2,110,192 shares)		$13.81

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$49,546,822
Interest		271
Income from Fidelity Central Funds		509
Total income		49,547,602
Expenses
Management fee	$13,154,444
Distribution and service plan fees	6,171,378
Independent trustees' fees and expenses	9,415
Total expenses before reductions	19,335,237
Expense reductions	(1,696)	19,333,541
Net investment income (loss)		30,214,061
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	78,061,726
Futures contracts	104,747
Realized gain distributions from underlying funds:
Affiliated issuers	84,524,018
Total net realized gain (loss)		162,690,491
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(12)
Other affiliated issuers	32,981,881
Total change in net unrealized appreciation (depreciation)		32,981,869
Net gain (loss)		195,672,360
Net increase (decrease) in net assets resulting from operations		$225,886,421

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$30,214,061	$38,750,307
Net realized gain (loss)	162,690,491	56,868,315
Change in net unrealized appreciation (depreciation)	32,981,869	182,559,768
Net increase (decrease) in net assets resulting from operations	225,886,421	278,178,390
Distributions to shareholders from net investment income	(33,576,472)	(38,366,807)
Distributions to shareholders from net realized gain	(112,956,333)	(76,567,312)
Total distributions	(146,532,805)	(114,934,119)
Share transactions - net increase (decrease)	(133,083,804)	(325,620,479)
Total increase (decrease) in net assets	(53,730,188)	(162,376,208)
Net Assets
Beginning of period	2,555,900,273	2,718,276,481
End of period	$2,502,170,085	$2,555,900,273
Other Information
Undistributed net investment income end of period	$1,145,206	$4,507,616

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2020 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.31	$12.51	$13.44	$13.54	$13.05
Income from Investment Operations
Net investment income (loss)^A	.16	.19	.21	.22	.16
Net realized and unrealized gain (loss)	1.05	1.16	(.51)	.55	1.04
Total from investment operations	1.21	1.35	(.30)	.77	1.20
Distributions from net investment income	(.18)	(.19)	(.21)	(.23)	(.16)
Distributions from net realized gain	(.62)	(.36)	(.41)	(.64)	(.55)
Total distributions	(.81)^B	(.55)	(.63)^C	(.87)	(.71)
Net asset value, end of period	$13.71	$13.31	$12.51	$13.44	$13.54
Total Return^D,^E	9.15%	11.17%	(2.35)%	5.82%	9.38%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.76%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.76%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.76%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.18%	1.46%	1.62%	1.59%	1.22%
Supplemental Data
Net assets, end of period (000 omitted)	$1,196,128	$1,315,261	$1,442,826	$1,775,399	$1,910,164
Portfolio turnover rate^F	20%	19%	20%	21%	40%

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

^B Total distributions of $.81 per share is comprised of distributions from net investment income of $.184 and distributions from net realized gain of $.621 per share.

^C Total distributions of $.63 per share is comprised of distributions from net investment income of $.214 and distributions from net realized gain of $.411 per share.

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

^E Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2020 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.30	$12.51	$13.44	$13.54	$13.05
Income from Investment Operations
Net investment income (loss)^A	.13	.15	.18	.18	.13
Net realized and unrealized gain (loss)	1.05	1.16	(.52)	.55	1.03
Total from investment operations	1.18	1.31	(.34)	.73	1.16
Distributions from net investment income	(.15)	(.16)	(.18)	(.19)	(.13)
Distributions from net realized gain	(.62)	(.36)	(.41)	(.64)	(.55)
Total distributions	(.77)	(.52)	(.59)	(.83)	(.67)^B
Net asset value, end of period	$13.71	$13.30	$12.51	$13.44	$13.54
Total Return^C,^D	8.97%	10.81%	(2.59)%	5.56%	9.11%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.01%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.01%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.01%	.50%	.50%	.50%	.50%
Net investment income (loss)	.92%	1.21%	1.37%	1.34%	.97%
Supplemental Data
Net assets, end of period (000 omitted)	$374,470	$396,330	$394,406	$440,674	$465,828
Portfolio turnover rate ^F	20%	19%	20%	21%	40%

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

^B Total distributions of $.67 per share is comprised of distributions from net investment income of $.125 and distributions from net realized gain of $.549 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2020 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.20	$12.42	$13.35	$13.45	$12.97
Income from Investment Operations
Net investment income (loss)^A	.06	.09	.11	.11	.06
Net realized and unrealized gain (loss)	1.05	1.15	(.51)	.55	1.03
Total from investment operations	1.11	1.24	(.40)	.66	1.09
Distributions from net investment income	(.09)	(.10)	(.12)	(.12)	(.07)
Distributions from net realized gain	(.62)	(.36)	(.41)	(.64)	(.54)
Total distributions	(.71)	(.46)	(.53)	(.76)	(.61)
Net asset value, end of period	$13.60	$13.20	$12.42	$13.35	$13.45
Total Return^B,^C	8.45%	10.26%	(3.11)%	5.07%	8.57%
Ratios to Average Net Assets^D,^E
Expenses before reductions	1.52%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.52%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.52%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.42%	.71%	.87%	.84%	.47%
Supplemental Data
Net assets, end of period (000 omitted)	$98,878	$101,268	$105,128	$112,535	$113,194
Portfolio turnover rate^D	20%	19%	20%	21%	40%

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

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

^C Total returns do not include the effect of the contingent deferred sales charge.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2020 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.41	$12.61	$13.54	$13.63	$13.14
Income from Investment Operations
Net investment income (loss)^A	.20	.22	.24	.25	.20
Net realized and unrealized gain (loss)	1.05	1.16	(.51)	.56	1.03
Total from investment operations	1.25	1.38	(.27)	.81	1.23
Distributions from net investment income	(.22)	(.22)	(.25)	(.26)	(.19)
Distributions from net realized gain	(.62)	(.36)	(.41)	(.64)	(.55)
Total distributions	(.84)	(.58)	(.66)	(.90)	(.74)
Net asset value, end of period	$13.82	$13.41	$12.61	$13.54	$13.63
Total Return^B	9.45%	11.36%	(2.07)%	6.13%	9.58%
Ratios to Average Net Assets^C,^D
Expenses before reductions	.52%	- %^E	- %^E	- %^E	- %^E
Expenses net of fee waivers, if any	.52%	-%	-%	-%	-%
Expenses net of all reductions	.52%	-%	-%	-%	-%
Net investment income (loss)	1.42%	1.71%	1.87%	1.84%	1.47%
Supplemental Data
Net assets, end of period (000 omitted)	$803,562	$743,042	$767,908	$836,880	$875,979
Portfolio turnover rate^D	20%	19%	20%	21%	40%

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

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

^C Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class but do not include expenses of the underlying funds in which the Fund invests.

^D Amounts do not include the activity of the Underlying Funds.

^E Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2020 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$13.62
Income from Investment Operations
Net investment income (loss)^B	.08
Net realized and unrealized gain (loss)	.75
Total from investment operations	.83
Distributions from net investment income	(.23)
Distributions from net realized gain	(.41)
Total distributions	(.64)
Net asset value, end of period	$13.81
Total Return^C,^D	6.08%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.45%^G,^H
Expenses net of fee waivers, if any	.45%^G,^H
Expenses net of all reductions	.45%^G,^H
Net investment income (loss)	.71%^G
Supplemental Data
Net assets, end of period (000 omitted)	$29,132
Portfolio turnover rate^E	20%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^E Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2025 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	22.1
Fidelity Advisor Series Growth & Income Fund	7.7
Fidelity Series Emerging Markets Fund	6.7
Fidelity Series Government Money Market Fund 1.67%	6.4
Fidelity Series International Growth Fund	6.3
Fidelity Series International Value Fund	6.3
Fidelity Advisor Series Stock Selector Large Cap Value Fund	5.1
Fidelity Advisor Series Equity Value Fund	5.1
Fidelity Advisor Series Equity Growth Fund	4.4
Fidelity Advisor Series Opportunistic Insights Fund	4.1
	74.2

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	42.8%
	International Equity Funds	21.5%
	Bond Funds	28.0%
	Short-Term Funds	7.8%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2025 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% to 1.52% 4/26/18 to 5/10/18
(Cost $129,868)	130,000	129,855
	Shares	Value

Domestic Equity Funds - 42.8%
Fidelity Advisor Series Equity Growth Fund (a)	9,763,885	$131,910,093
Fidelity Advisor Series Equity Value Fund (a)	12,167,391	152,092,384
Fidelity Advisor Series Growth & Income Fund (a)	15,504,487	232,877,392
Fidelity Advisor Series Growth Opportunities Fund (a)	6,587,907	86,630,974
Fidelity Advisor Series Opportunistic Insights Fund (a)	6,854,999	122,841,576
Fidelity Advisor Series Small Cap Fund (a)	5,555,388	66,053,566
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	12,263,953	153,544,687
Fidelity Series 100 Index Fund (a)	3,843,491	65,608,385
Fidelity Series 1000 Value Index Fund (a)	2,081,842	25,669,107
Fidelity Series All-Sector Equity Fund (a)	7,419,344	90,515,999
Fidelity Series Commodity Strategy Fund (a)	11,821,435	64,190,392
Fidelity Series Real Estate Equity Fund (a)	1,336,706	15,933,541
Fidelity Series Small Cap Opportunities Fund (a)	5,652,010	80,597,666
TOTAL DOMESTIC EQUITY FUNDS
(Cost $1,010,406,308)		1,288,465,762

International Equity Funds - 21.5%
Fidelity Series Canada Fund (a)	1,832,259	18,652,399
Fidelity Series Emerging Markets Fund (a)	9,139,832	200,253,721
Fidelity Series International Growth Fund (a)	11,800,296	190,574,782
Fidelity Series International Small Cap Fund (a)	2,554,497	47,564,731
Fidelity Series International Value Fund (a)	18,020,570	190,117,014
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $463,226,027)		647,162,647

Bond Funds - 28.0%
Fidelity Series Emerging Markets Debt Fund (a)	2,108,218	21,250,839
Fidelity Series Floating Rate High Income Fund (a)	733,850	6,978,916
Fidelity Series High Income Fund (a)	4,485,996	42,751,545
Fidelity Series Inflation-Protected Bond Index Fund (a)	2,481,224	24,067,874
Fidelity Series International Credit Fund (a)	151,856	1,507,928
Fidelity Series Investment Grade Bond Fund (a)	60,172,379	663,099,615
Fidelity Series Long-Term Treasury Bond Index Fund (a)	7,828,154	67,087,281
Fidelity Series Real Estate Income Fund (a)	1,275,918	13,677,837
TOTAL BOND FUNDS
(Cost $858,247,175)		840,421,835

Short-Term Funds - 7.8%
Fidelity Cash Central Fund, 1.72% (b)	236,833	236,880
Fidelity Series Government Money Market Fund 1.67% (a)(c)	191,905,833	191,905,833
Fidelity Series Short-Term Credit Fund (a)	4,386,510	43,250,992
TOTAL SHORT-TERM FUNDS
(Cost $235,886,297)		235,393,705
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $2,567,895,675)		3,011,573,804
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(2,207,144)
NET ASSETS - 100%		$3,009,366,660

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$642
Total	$642

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$135,937,851	$28,327,139	$43,746,457	$20,642,180	$9,001,760	$2,389,800	$131,910,093
Fidelity Advisor Series Equity Value Fund	241,941,961	28,493,312	111,767,908(a)	15,582,717	8,488,901	(15,063,882)	152,092,384
Fidelity Advisor Series Growth & Income Fund	167,651,187	101,975,693(a)	44,528,494	13,515,353	1,336,156	6,442,850	232,877,392
Fidelity Advisor Series Growth Opportunities Fund	89,516,164	13,337,783	28,257,210	8,311,071	4,361,017	7,673,220	86,630,974
Fidelity Advisor Series Opportunistic Insights Fund	126,356,944	24,940,608	41,621,761	17,800,213	11,207,813	1,957,972	122,841,576
Fidelity Advisor Series Short-Term Credit Fund	44,613,993	4,017,757	4,942,886	634,470	(1,771)	54,600	--
Fidelity Advisor Series Small Cap Fund	67,276,031	9,224,436	13,547,025	4,373,547	1,395,778	1,704,346	66,053,566
Fidelity Advisor Series Stock Selector Large Cap Value Fund	160,603,013	22,912,904	25,292,426	13,096,431	1,310,785	(5,989,589)	153,544,687
Fidelity Series 100 Index Fund	70,010,948	5,360,542	17,024,109	1,440,028	3,449,103	3,811,901	65,608,385
Fidelity Series 1000 Value Index Fund	26,963,429	2,627,032	4,636,657	1,096,111	510,225	205,078	25,669,107
Fidelity Series All-Sector Equity Fund	94,923,840	18,569,899	22,135,552	13,222,086	1,552,018	(2,394,206)	90,515,999
Fidelity Series Canada Fund	--	21,291,820	2,350,192	215,842	35,733	(324,962)	18,652,399
Fidelity Series Commodity Strategy Fund	47,127,023	21,519,521	6,596,768	330,798	(500,913)	2,641,529	64,190,392
Fidelity Series Emerging Markets Debt Fund	21,226,584	2,544,765	2,202,191	1,518,004	(1,371)	(316,948)	21,250,839
Fidelity Series Emerging Markets Fund	236,992,530	18,102,660	104,374,599	6,012,656	15,268,105	34,265,025	200,253,721
Fidelity Series Floating Rate High Income Fund	7,128,727	775,311	917,517	347,553	(24,380)	16,775	6,978,916
Fidelity Series Government Money Market Fund 1.67%	139,740,928	70,078,488	17,913,583	1,817,072	--	--	191,905,833
Fidelity Series High Income Fund	43,229,749	5,061,594	5,181,119	2,664,318	(54,249)	(304,430)	42,751,545
Fidelity Series Inflation-Protected Bond Index Fund	23,930,887	3,395,759	2,849,386	502,418	(25,161)	(384,225)	24,067,874
Fidelity Series International Credit Fund	--	1,518,502	--	18,540	--	(763)	1,507,928
Fidelity Series International Growth Fund	197,802,750	17,582,168	54,708,057	6,118,701	9,581,344	20,316,577	190,574,782
Fidelity Series International Small Cap Fund	44,955,970	5,614,766	12,465,301	2,896,859	1,987,086	7,472,210	47,564,731
Fidelity Series International Value Fund	198,365,131	18,340,724	44,374,831	6,121,242	2,278,285	15,507,705	190,117,014
Fidelity Series Investment Grade Bond Fund	601,868,505	140,674,717	70,861,770	18,613,766	(16,362)	(8,565,475)	663,099,615
Fidelity Series Long-Term Treasury Bond Index Fund	541,162	72,664,670	4,339,469	1,097,453	(92,586)	(1,686,496)	67,087,281
Fidelity Series Real Estate Equity Fund	16,067,822	3,547,305	2,322,267	847,667	(280)	(1,359,039)	15,933,541
Fidelity Series Real Estate Income Fund	14,185,039	1,693,575	1,727,126	887,184	(1,356)	(472,295)	13,677,837
Fidelity Series Short-Term Credit Fund	--	777,868	773,740	155,947	(2,237)	(492,592)	43,250,992
Fidelity Series Small Cap Opportunities Fund	81,447,702	13,379,550	14,683,010	8,499,678	1,075,135	(621,711)	80,597,666
	$2,900,405,870	$678,350,868	$706,141,411	$168,379,905	$72,118,578	$66,482,975	$3,011,207,069

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$129,855	$--	$129,855	$--
Domestic Equity Funds	1,288,465,762	1,288,465,762	--	--
International Equity Funds	647,162,647	647,162,647	--	--
Bond Funds	840,421,835	840,421,835	--	--
Short-Term Funds	235,393,705	235,393,705	--	--
Total Investments in Securities:	$3,011,573,804	$3,011,443,949	$129,855	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2025 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $129,868)	$129,855
Fidelity Central Funds (cost $236,880)	236,880
Affiliated issuers (cost $2,567,528,927)	3,011,207,069
Total Investment in Securities (cost $2,567,895,675)		$3,011,573,804
Cash		12,255
Receivable for investments sold		7,143,935
Receivable for fund shares sold		2,198,044
Distributions receivable from Fidelity Central Funds		323
Total assets		3,020,928,361
Liabilities
Payable for investments purchased	$3,217,352
Payable for fund shares redeemed	6,099,735
Accrued management fee	1,675,696
Distribution and service plan fees payable	568,918
Total liabilities		11,561,701
Net Assets		$3,009,366,660
Net Assets consist of:
Paid in capital		$2,466,068,503
Undistributed net investment income		174,202
Accumulated undistributed net realized gain (loss) on investments		99,445,826
Net unrealized appreciation (depreciation) on investments		443,678,129
Net Assets		$3,009,366,660
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($1,435,987,148 ÷ 104,517,106 shares)		$13.74
Maximum offering price per share (100/94.25 of $13.74)		$14.58
Class M:
Net Asset Value and redemption price per share ($432,226,702 ÷ 31,404,217 shares)		$13.76
Maximum offering price per share (100/96.50 of $13.76)		$14.26
Class C:
Net Asset Value and offering price per share ($97,690,923 ÷ 7,214,548 shares)^(a)		$13.54
Class I:
Net Asset Value, offering price and redemption price per share ($1,018,535,879 ÷ 73,479,142 shares)		$13.86
Class Z6:
Net Asset Value, offering price and redemption price per share ($24,926,008 ÷ 1,799,513 shares)		$13.85

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$57,352,745
Interest		321
Income from Fidelity Central Funds		642
Total income		57,353,708
Expenses
Management fee	$16,593,972
Distribution and service plan fees	6,915,547
Independent trustees' fees and expenses	10,984
Total expenses before reductions	23,520,503
Expense reductions	(1,954)	23,518,549
Net investment income (loss)		33,835,159
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	72,118,578
Futures contracts	128,024
Realized gain distributions from underlying funds:
Affiliated issuers	111,027,160
Total net realized gain (loss)		183,273,762
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(13)
Other affiliated issuers	66,482,975
Total change in net unrealized appreciation (depreciation)		66,482,962
Net gain (loss)		249,756,724
Net increase (decrease) in net assets resulting from operations		$283,591,883

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$33,835,159	$42,192,800
Net realized gain (loss)	183,273,762	57,817,454
Change in net unrealized appreciation (depreciation)	66,482,962	230,075,430
Net increase (decrease) in net assets resulting from operations	283,591,883	330,085,684
Distributions to shareholders from net investment income	(38,001,071)	(41,339,479)
Distributions to shareholders from net realized gain	(117,185,415)	(87,305,041)
Total distributions	(155,186,486)	(128,644,520)
Share transactions - net increase (decrease)	(18,870,598)	(213,146,163)
Total increase (decrease) in net assets	109,534,799	(11,704,999)
Net Assets
Beginning of period	2,899,831,861	2,911,536,860
End of period	$3,009,366,660	$2,899,831,861
Other Information
Undistributed net investment income end of period	$174,202	$4,340,113

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2025 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.16	$12.29	$13.25	$13.33	$12.72
Income from Investment Operations
Net investment income (loss)^A	.15	.18	.19	.21	.16
Net realized and unrealized gain (loss)	1.15	1.24	(.54)	.60	1.26
Total from investment operations	1.30	1.42	(.35)	.81	1.42
Distributions from net investment income	(.17)	(.18)	(.20)	(.22)	(.16)
Distributions from net realized gain	(.55)	(.37)	(.42)	(.67)	(.66)
Total distributions	(.72)	(.55)	(.61)^B	(.89)	(.81)^C
Net asset value, end of period	$13.74	$13.16	$12.29	$13.25	$13.33
Total Return^D,^E	9.96%	12.00%	(2.72)%	6.26%	11.54%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.80%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.80%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.80%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.11%	1.43%	1.53%	1.55%	1.25%
Supplemental Data
Net assets, end of period (000 omitted)	$1,435,987	$1,503,384	$1,543,665	$1,853,121	$1,907,797
Portfolio turnover rate^G	23%	20%	24%	23%	41%

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

^B Total distributions of $.61 per share is comprised of distributions from net investment income of $.195 and distributions from net realized gain of $.419 per share.

^C Total distributions of $.81 per share is comprised of distributions from net investment income of $.157 and distributions from net realized gain of $.657 per share.

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

^E Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2025 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.18	$12.31	$13.27	$13.35	$12.74
Income from Investment Operations
Net investment income (loss)^A	.12	.15	.16	.17	.13
Net realized and unrealized gain (loss)	1.15	1.24	(.54)	.61	1.26
Total from investment operations	1.27	1.39	(.38)	.78	1.39
Distributions from net investment income	(.14)	(.15)	(.16)	(.19)	(.13)
Distributions from net realized gain	(.55)	(.37)	(.42)	(.67)	(.66)
Total distributions	(.69)	(.52)	(.58)	(.86)	(.78)^B
Net asset value, end of period	$13.76	$13.18	$12.31	$13.27	$13.35
Total Return^C,^D	9.69%	11.70%	(2.95)%	6.00%	11.27%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.05%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.05%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.05%	.50%	.50%	.50%	.50%
Net investment income (loss)	.86%	1.18%	1.28%	1.30%	1.00%
Supplemental Data
Net assets, end of period (000 omitted)	$432,227	$418,713	$399,088	$405,224	$387,919
Portfolio turnover rate^F	23%	20%	24%	23%	41%

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

^B Total distributions of $.78 per share is comprised of distributions from net investment income of $.127 and distributions from net realized gain of $.657 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2025 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.98	$12.14	$13.09	$13.19	$12.60
Income from Investment Operations
Net investment income (loss)^A	.05	.08	.10	.11	.06
Net realized and unrealized gain (loss)	1.13	1.23	(.53)	.59	1.25
Total from investment operations	1.18	1.31	(.43)	.70	1.31
Distributions from net investment income	(.08)	(.10)	(.11)	(.12)	(.07)
Distributions from net realized gain	(.54)	(.37)	(.41)	(.67)	(.65)
Total distributions	(.62)	(.47)	(.52)	(.80)^B	(.72)
Net asset value, end of period	$13.54	$12.98	$12.14	$13.09	$13.19
Total Return^C,^D	9.14%	11.13%	(3.40)%	5.42%	10.71%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.55%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.55%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.55%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.36%	.68%	.78%	.80%	.50%
Supplemental Data
Net assets, end of period (000 omitted)	$97,691	$97,994	$91,941	$94,878	$89,402
Portfolio turnover rate^F	23%	20%	24%	23%	41%

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

^B Total distributions of $.80 per share is comprised of distributions from net investment income of $.124 and distributions from net realized gain of $.672 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2025 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.27	$12.39	$13.35	$13.43	$12.81
Income from Investment Operations
Net investment income (loss)^A	.19	.21	.23	.24	.19
Net realized and unrealized gain (loss)	1.16	1.26	(.54)	.60	1.28
Total from investment operations	1.35	1.47	(.31)	.84	1.47
Distributions from net investment income	(.21)	(.21)	(.23)	(.25)	(.19)
Distributions from net realized gain	(.55)	(.37)	(.42)	(.67)	(.66)
Total distributions	(.76)	(.59)^B	(.65)	(.92)	(.85)
Net asset value, end of period	$13.86	$13.27	$12.39	$13.35	$13.43
Total Return^C	10.26%	12.26%	(2.44)%	6.48%	11.81%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.56%	- %^F	- %^F	- %^F	- %^F
Expenses net of fee waivers, if any	.56%	-%	-%	-%	-%
Expenses net of all reductions	.56%	-%	-%	-%	-%
Net investment income (loss)	1.35%	1.68%	1.78%	1.80%	1.50%
Supplemental Data
Net assets, end of period (000 omitted)	$1,018,536	$879,740	$870,772	$838,616	$846,372
Portfolio turnover rate^E	23%	20%	24%	23%	41%

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

^B Total distributions of $.59 per share is comprised of distributions from net investment income of $.212 and distributions from net realized gain of $.373 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^F Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2025 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$13.53
Income from Investment Operations
Net investment income (loss)^B	.10
Net realized and unrealized gain (loss)	.80
Total from investment operations	.90
Distributions from net investment income	(.22)
Distributions from net realized gain	(.36)
Total distributions	(.58)
Net asset value, end of period	$13.85
Total Return^C,^D	6.61%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.47%^G,^H
Expenses net of fee waivers, if any	.47%^G,^H
Expenses net of all reductions	.47%^G,^H
Net investment income (loss)	.89%^G
Supplemental Data
Net assets, end of period (000 omitted)	$24,926
Portfolio turnover rate^F	23%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^F Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2030 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	15.5
Fidelity Advisor Series Growth & Income Fund	9.4
Fidelity Series Emerging Markets Fund	7.7
Fidelity Series International Value Fund	7.5
Fidelity Series International Growth Fund	7.5
Fidelity Advisor Series Stock Selector Large Cap Value Fund	6.2
Fidelity Advisor Series Equity Value Fund	6.2
Fidelity Advisor Series Equity Growth Fund	5.4
Fidelity Advisor Series Opportunistic Insights Fund	5.0
Fidelity Series All-Sector Equity Fund	3.7
	74.1

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	51.8%
	International Equity Funds	25.3%
	Bond Funds	21.3%
	Short-Term Funds	1.7%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2030 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% to 1.52% 4/26/18 to 5/10/18
(Cost $129,868)	130,000	129,855
	Shares	Value

Domestic Equity Funds - 51.8%
Fidelity Advisor Series Equity Growth Fund (a)	11,850,873	$160,105,288
Fidelity Advisor Series Equity Value Fund (a)	14,773,911	184,673,886
Fidelity Advisor Series Growth & Income Fund (a)	18,829,281	282,815,807
Fidelity Advisor Series Growth Opportunities Fund (a)	7,994,679	105,130,031
Fidelity Advisor Series Opportunistic Insights Fund (a)	8,312,534	148,960,609
Fidelity Advisor Series Small Cap Fund (a)	6,741,635	80,158,042
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	14,891,227	186,438,157
Fidelity Series 100 Index Fund (a)	4,660,452	79,553,910
Fidelity Series 1000 Value Index Fund (a)	2,524,681	31,129,323
Fidelity Series All-Sector Equity Fund (a)	9,005,658	109,869,027
Fidelity Series Commodity Strategy Fund (a)	11,618,715	63,089,625
Fidelity Series Real Estate Equity Fund (a)	1,620,645	19,318,083
Fidelity Series Small Cap Opportunities Fund (a)	6,858,544	97,802,834
TOTAL DOMESTIC EQUITY FUNDS
(Cost $1,231,660,050)		1,549,044,622

International Equity Funds - 25.3%
Fidelity Series Canada Fund (a)	2,172,293	22,113,942
Fidelity Series Emerging Markets Fund (a)	10,460,139	229,181,656
Fidelity Series International Growth Fund (a)	13,834,101	223,420,738
Fidelity Series International Small Cap Fund (a)	2,994,004	55,748,352
Fidelity Series International Value Fund (a)	21,363,587	225,385,847
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $552,204,625)		755,850,535

Bond Funds - 21.3%
Fidelity Series Emerging Markets Debt Fund (a)	2,036,133	20,524,216
Fidelity Series Floating Rate High Income Fund (a)	712,445	6,775,351
Fidelity Series High Income Fund (a)	4,452,977	42,436,867
Fidelity Series Inflation-Protected Bond Index Fund (a)	2,400,895	23,288,678
Fidelity Series International Credit Fund (a)	148,890	1,478,474
Fidelity Series Investment Grade Bond Fund (a)	42,201,997	465,066,009
Fidelity Series Long-Term Treasury Bond Index Fund (a)	7,660,122	65,647,248
Fidelity Series Real Estate Income Fund (a)	1,241,290	13,306,628
TOTAL BOND FUNDS
(Cost $647,799,301)		638,523,471

Short-Term Funds - 1.7%
Fidelity Cash Central Fund, 1.72% (b)	238,937	238,985
Fidelity Series Government Money Market Fund 1.67% (a)(c)	43,596,913	43,596,913
Fidelity Series Short-Term Credit Fund (a)	839,061	8,273,138
TOTAL SHORT-TERM FUNDS
(Cost $52,188,654)		52,109,036
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $2,483,982,498)		2,995,657,519
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(2,322,982)
NET ASSETS - 100%		$2,993,334,537

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$647
Total	$647

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$162,260,993	$34,342,889	$50,047,289	$24,636,617	$10,679,899	$2,868,796	$160,105,288
Fidelity Advisor Series Equity Value Fund	287,560,469	34,888,111	129,745,789(a)	18,593,638	9,064,272	(17,093,177)	184,673,886
Fidelity Advisor Series Growth & Income Fund	199,402,635	124,632,663(a)	50,079,451	16,179,963	1,161,085	7,698,875	282,815,807
Fidelity Advisor Series Growth Opportunities Fund	106,995,666	16,176,916	32,390,340	9,910,959	5,207,469	9,140,320	105,130,031
Fidelity Advisor Series Opportunistic Insights Fund	150,855,127	30,157,109	47,669,785	21,266,946	9,686,062	5,932,096	148,960,609
Fidelity Advisor Series Short-Term Credit Fund	6,975,659	2,185,708	868,308	101,811	809	(788)	--
Fidelity Advisor Series Small Cap Fund	80,012,023	11,252,333	14,746,834	5,215,570	1,611,911	2,028,609	80,158,042
Fidelity Advisor Series Stock Selector Large Cap Value Fund	190,903,298	28,471,379	27,162,077	15,654,450	1,376,742	(7,151,185)	186,438,157
Fidelity Series 100 Index Fund	83,215,061	6,504,500	18,748,754	1,716,530	3,658,728	4,924,375	79,553,910
Fidelity Series 1000 Value Index Fund	32,100,022	3,213,077	5,008,970	1,306,827	582,085	243,109	31,129,323
Fidelity Series All-Sector Equity Fund	112,891,828	22,442,859	24,331,618	15,816,406	1,683,665	(2,817,707)	109,869,027
Fidelity Series Canada Fund	--	24,669,354	2,330,732	250,503	32,087	(256,767)	22,113,942
Fidelity Series Commodity Strategy Fund	44,717,598	22,894,811	6,517,621	317,889	22,550	1,972,287	63,089,625
Fidelity Series Emerging Markets Debt Fund	20,427,254	2,511,837	2,112,415	1,455,611	4,473	(306,933)	20,524,216
Fidelity Series Emerging Markets Fund	258,234,751	21,089,573	104,556,247	6,872,397	15,031,016	39,382,563	229,181,656
Fidelity Series Floating Rate High Income Fund	6,888,450	774,661	880,140	334,606	(24,861)	17,241	6,775,351
Fidelity Series Government Money Market Fund 1.67%	21,881,352	24,949,776	3,234,215	323,273	--	--	43,596,913
Fidelity Series High Income Fund	42,727,356	5,081,900	5,016,769	2,625,543	(62,078)	(293,542)	42,436,867
Fidelity Series Inflation-Protected Bond Index Fund	25,360,275	1,900,739	3,583,512	492,541	(41,811)	(347,013)	23,288,678
Fidelity Series International Credit Fund	--	1,488,841	--	18,225	--	(747)	1,478,474
Fidelity Series International Growth Fund	232,884,065	21,078,526	65,306,762	7,119,807	10,520,184	24,244,725	223,420,738
Fidelity Series International Small Cap Fund	53,210,745	6,681,993	15,227,658	3,372,960	1,860,030	9,223,242	55,748,352
Fidelity Series International Value Fund	233,497,432	21,140,384	49,934,745	7,108,464	2,007,373	18,675,403	225,385,847
Fidelity Series Investment Grade Bond Fund	340,730,927	173,369,417	42,575,285	11,753,842	(295,703)	(6,163,347)	465,066,009
Fidelity Series Long-Term Treasury Bond Index Fund	254,284	70,904,684	3,670,595	1,074,556	(61,534)	(1,779,591)	65,647,248
Fidelity Series Real Estate Equity Fund	19,129,170	4,365,291	2,550,488	1,011,966	3,520	(1,629,410)	19,318,083
Fidelity Series Real Estate Income Fund	13,733,149	1,682,827	1,656,015	854,155	17,073	(470,406)	13,306,628
Fidelity Series Short-Term Credit Fund	--	188,743	128,631	29,659	(436)	(79,618)	8,273,138
Fidelity Series Small Cap Opportunities Fund	96,962,467	16,322,848	16,004,783	10,130,764	957,782	(435,480)	97,802,834
	$2,823,812,056	$735,363,749	$726,085,828	$185,546,478	$74,682,392	$87,525,930	$2,995,288,679

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$129,855	$--	$129,855	$--
Domestic Equity Funds	1,549,044,622	1,549,044,622	--	--
International Equity Funds	755,850,535	755,850,535	--	--
Bond Funds	638,523,471	638,523,471	--	--
Short-Term Funds	52,109,036	52,109,036	--	--
Total Investments in Securities:	$2,995,657,519	$2,995,527,664	$129,855	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2030 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $129,868)	$129,855
Fidelity Central Funds (cost $238,985)	238,985
Affiliated issuers (cost $2,483,613,645)	2,995,288,679
Total Investment in Securities (cost $2,483,982,498)		$2,995,657,519
Cash		10,021
Receivable for investments sold		7,977,534
Receivable for fund shares sold		2,878,112
Distributions receivable from Fidelity Central Funds		325
Total assets		3,006,523,511
Liabilities
Payable for investments purchased	$7,277,024
Payable for fund shares redeemed	3,580,473
Accrued management fee	1,768,833
Distribution and service plan fees payable	562,644
Total liabilities		13,188,974
Net Assets		$2,993,334,537
Net Assets consist of:
Paid in capital		$2,368,005,719
Undistributed net investment income		322
Accumulated undistributed net realized gain (loss) on investments		113,653,475
Net unrealized appreciation (depreciation) on investments		511,675,021
Net Assets		$2,993,334,537
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($1,374,111,705 ÷ 91,887,559 shares)		$14.95
Maximum offering price per share (100/94.25 of $14.95)		$15.86
Class M:
Net Asset Value and redemption price per share ($452,750,096 ÷ 30,421,228 shares)		$14.88
Maximum offering price per share (100/96.50 of $14.88)		$15.42
Class C:
Net Asset Value and offering price per share ($96,198,949 ÷ 6,539,868 shares)^(a)		$14.71
Class I:
Net Asset Value, offering price and redemption price per share ($1,043,420,087 ÷ 69,365,977 shares)		$15.04
Class Z6:
Net Asset Value, offering price and redemption price per share ($26,853,700 ÷ 1,786,854 shares)		$15.03

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$53,725,671
Interest		321
Income from Fidelity Central Funds		647
Total income		53,726,639
Expenses
Management fee	$17,344,211
Distribution and service plan fees	6,784,296
Independent trustees' fees and expenses	10,761
Total expenses before reductions	24,139,268
Expense reductions	(1,861)	24,137,407
Net investment income (loss)		29,589,232
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	74,682,392
Futures contracts	128,024
Realized gain distributions from underlying funds:
Affiliated issuers	131,820,807
Total net realized gain (loss)		206,631,223
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(13)
Other affiliated issuers	87,525,930
Total change in net unrealized appreciation (depreciation)		87,525,917
Net gain (loss)		294,157,140
Net increase (decrease) in net assets resulting from operations		$323,746,372

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$29,589,232	$38,114,325
Net realized gain (loss)	206,631,223	60,766,692
Change in net unrealized appreciation (depreciation)	87,525,917	270,994,211
Net increase (decrease) in net assets resulting from operations	323,746,372	369,875,228
Distributions to shareholders from net investment income	(32,430,120)	(37,142,497)
Distributions to shareholders from net realized gain	(127,678,746)	(94,852,736)
Total distributions	(160,108,866)	(131,995,233)
Share transactions - net increase (decrease)	6,442,311	(203,746,816)
Total increase (decrease) in net assets	170,079,817	34,133,179
Net Assets
Beginning of period	2,823,254,720	2,789,121,541
End of period	$2,993,334,537	$2,823,254,720
Other Information
Undistributed net investment income end of period	$322	$2,044,951

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2030 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.12	$12.99	$14.13	$14.15	$13.36
Income from Investment Operations
Net investment income (loss)^A	.15	.18	.19	.20	.17
Net realized and unrealized gain (loss)	1.50	1.57	(.64)	.70	1.47
Total from investment operations	1.65	1.75	(.45)	.90	1.64
Distributions from net investment income	(.16)	(.18)	(.19)	(.21)	(.18)
Distributions from net realized gain	(.66)	(.44)	(.50)	(.71)	(.67)
Total distributions	(.82)	(.62)	(.69)	(.92)	(.85)
Net asset value, end of period	$14.95	$14.12	$12.99	$14.13	$14.15
Total Return^B,^C	11.80%	14.02%	(3.36)%	6.54%	12.60%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.84%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.84%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.84%	.25%	.25%	.25%	.25%
Net investment income (loss)	.99%	1.34%	1.39%	1.42%	1.24%
Supplemental Data
Net assets, end of period (000 omitted)	$1,374,112	$1,414,388	$1,409,909	$1,704,036	$1,777,132
Portfolio turnover rate^D	25%	18%	22%	24%	53%

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

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

^C Total returns do not include the effect of the sales charges.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2030 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.06	$12.94	$14.09	$14.10	$13.32
Income from Investment Operations
Net investment income (loss)^A	.11	.15	.15	.17	.14
Net realized and unrealized gain (loss)	1.50	1.56	(.64)	.71	1.46
Total from investment operations	1.61	1.71	(.49)	.88	1.60
Distributions from net investment income	(.13)	(.15)	(.16)	(.18)	(.15)
Distributions from net realized gain	(.66)	(.44)	(.50)	(.71)	(.67)
Total distributions	(.79)	(.59)	(.66)	(.89)	(.82)
Net asset value, end of period	$14.88	$14.06	$12.94	$14.09	$14.10
Total Return^B,^C	11.53%	13.74%	(3.67)%	6.37%	12.29%
Ratios to Average Net Assets^D,^E
Expenses before reductions	1.09%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.09%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.09%	.50%	.50%	.50%	.50%
Net investment income (loss)	.74%	1.09%	1.14%	1.17%	.99%
Supplemental Data
Net assets, end of period (000 omitted)	$452,750	$442,505	$423,312	$453,137	$453,944
Portfolio turnover rate^D	25%	18%	22%	24%	53%

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

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

^C Total returns do not include the effect of the sales charges.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2030 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.92	$12.83	$13.97	$14.00	$13.23
Income from Investment Operations
Net investment income (loss)^A	.03	.08	.08	.09	.07
Net realized and unrealized gain (loss)	1.48	1.55	(.63)	.70	1.45
Total from investment operations	1.51	1.63	(.55)	.79	1.52
Distributions from net investment income	(.07)	(.10)	(.11)	(.12)	(.09)
Distributions from net realized gain	(.65)	(.44)	(.48)	(.70)	(.66)
Total distributions	(.72)	(.54)	(.59)	(.82)	(.75)
Net asset value, end of period	$14.71	$13.92	$12.83	$13.97	$14.00
Total Return^B,^C	10.97%	13.21%	(4.10)%	5.76%	11.77%
Ratios to Average Net Assets^D,^E
Expenses before reductions	1.59%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.59%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.59%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.24%	.59%	.64%	.67%	.49%
Supplemental Data
Net assets, end of period (000 omitted)	$96,199	$94,517	$87,691	$91,154	$87,867
Portfolio turnover rate^D	25%	18%	22%	24%	53%

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

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

^C Total returns do not include the effect of the contingent deferred sales charge.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2030 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.21	$13.06	$14.21	$14.22	$13.42
Income from Investment Operations
Net investment income (loss)^A	.18	.21	.22	.24	.20
Net realized and unrealized gain (loss)	1.51	1.59	(.65)	.71	1.48
Total from investment operations	1.69	1.80	(.43)	.95	1.68
Distributions from net investment income	(.21)	(.21)	(.23)	(.25)	(.21)
Distributions from net realized gain	(.66)	(.44)	(.50)	(.71)	(.67)
Total distributions	(.86)^B	(.65)	(.72)^C	(.96)	(.88)
Net asset value, end of period	$15.04	$14.21	$13.06	$14.21	$14.22
Total Return^D	12.04%	14.38%	(3.16)%	6.85%	12.89%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.60%	- %^G	- %^G	- %^G	- %^G
Expenses net of fee waivers, if any	.60%	-%	-%	-%	-%
Expenses net of all reductions	.60%	-%	-%	-%	-%
Net investment income (loss)	1.23%	1.59%	1.64%	1.67%	1.49%
Supplemental Data
Net assets, end of period (000 omitted)	$1,043,420	$871,845	$861,408	$919,561	$897,398
Portfolio turnover rate^E	25%	18%	22%	24%	53%

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

^B Total distributions of $.86 per share is comprised of distributions from net investment income of $.205 and distributions from net realized gain of $.656 per share.

^C Total distributions of $.72 per share is comprised of distributions from net investment income of $.225 and distributions from net realized gain of $.499 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^G Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2030 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$14.53
Income from Investment Operations
Net investment income (loss)^B	.16
Net realized and unrealized gain (loss)	.99
Total from investment operations	1.15
Distributions from net investment income	(.23)
Distributions from net realized gain	(.42)
Total distributions	(.65)
Net asset value, end of period	$15.03
Total Return^C,^D	7.90%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.49%^G,^H
Expenses net of fee waivers, if any	.49%^G,^H
Expenses net of all reductions	.49%^G,^H
Net investment income (loss)	1.29%^G
Supplemental Data
Net assets, end of period (000 omitted)	$26,854
Portfolio turnover rate^E	25%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^E Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2035 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.1
Fidelity Series Emerging Markets Fund	8.9
Fidelity Series International Value Fund	8.7
Fidelity Series International Growth Fund	8.6
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.3
Fidelity Advisor Series Equity Value Fund	7.3
Fidelity Advisor Series Equity Growth Fund	6.3
Fidelity Advisor Series Opportunistic Insights Fund	5.8
Fidelity Series All-Sector Equity Fund	4.3
Fidelity Advisor Series Growth Opportunities Fund	4.1
	72.4

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	60.3%
	International Equity Funds	29.3%
	Bond Funds	8.6%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2035 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 60.3%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	11,135,716	$150,443,525
Fidelity Advisor Series Equity Value Fund (a)	13,880,480	173,506,004
Fidelity Advisor Series Growth & Income Fund (a)	17,706,317	265,948,888
Fidelity Advisor Series Growth Opportunities Fund (a)	7,506,996	98,717,003
Fidelity Advisor Series Opportunistic Insights Fund (a)	7,801,153	139,796,668
Fidelity Advisor Series Small Cap Fund (a)	6,326,509	75,222,187
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	13,997,405	175,247,506
Fidelity Series 100 Index Fund (a)	4,369,412	74,585,869
Fidelity Series 1000 Value Index Fund (a)	2,347,070	28,939,369
Fidelity Series All-Sector Equity Fund (a)	8,457,666	103,183,521
Fidelity Series Commodity Strategy Fund (a)	9,156,946	49,722,217
Fidelity Series Real Estate Equity Fund (a)	1,514,877	18,057,338
Fidelity Series Small Cap Opportunities Fund (a)	6,433,550	91,742,421
TOTAL DOMESTIC EQUITY FUNDS
(Cost $1,163,053,501)		1,445,112,516

International Equity Funds - 29.3%
Fidelity Series Canada Fund (a)	2,012,748	20,489,780
Fidelity Series Emerging Markets Fund (a)	9,767,733	214,011,029
Fidelity Series International Growth Fund (a)	12,751,185	205,931,630
Fidelity Series International Small Cap Fund (a)	2,759,540	51,382,631
Fidelity Series International Value Fund (a)	19,796,105	208,848,910
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $520,185,137)		700,663,980

Bond Funds - 8.6%
Fidelity Series Emerging Markets Debt Fund (a)	1,581,337	15,939,875
Fidelity Series Floating Rate High Income Fund (a)	556,922	5,296,327
Fidelity Series High Income Fund (a)	3,484,737	33,209,545
Fidelity Series Inflation-Protected Bond Index Fund (a)	1,940,523	18,823,072
Fidelity Series International Credit Fund (a)	117,528	1,167,052
Fidelity Series Investment Grade Bond Fund (a)	6,135,838	67,616,932
Fidelity Series Long-Term Treasury Bond Index Fund (a)	6,299,873	53,989,913
Fidelity Series Real Estate Income Fund (a)	974,182	10,443,233
TOTAL BOND FUNDS
(Cost $209,221,995)		206,485,949

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	39,244,766	39,244,766
Fidelity Series Short-Term Credit Fund (a)	698,438	6,886,600
TOTAL SHORT-TERM FUNDS
(Cost $46,197,324)		46,131,366
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $1,938,657,957)		2,398,393,811
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(1,945,381)
NET ASSETS - 100%		$2,396,448,430

Legend

(a) Affiliated Fund

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

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$144,428,250	$34,207,779	$40,004,361	$22,854,115	$7,917,181	$3,894,676	$150,443,525
Fidelity Advisor Series Equity Value Fund	256,602,186	36,257,988	111,723,425(a)	17,195,078	6,717,477	(14,348,222)	173,506,004
Fidelity Advisor Series Growth & Income Fund	178,291,677	119,438,003(a)	39,554,572	14,813,442	488,623	7,285,157	265,948,888
Fidelity Advisor Series Growth Opportunities Fund	95,127,138	16,578,612	25,853,690	9,193,771	3,715,606	9,149,337	98,717,003
Fidelity Advisor Series Opportunistic Insights Fund	134,253,941	29,837,921	38,098,926	19,765,533	5,885,139	7,918,593	139,796,668
Fidelity Advisor Series Short-Term Credit Fund	5,502,922	2,092,383	679,969	81,771	423	(678)	--
Fidelity Advisor Series Small Cap Fund	71,314,504	12,005,618	11,311,482	4,838,197	987,743	2,225,804	75,222,187
Fidelity Advisor Series Stock Selector Large Cap Value Fund	170,320,861	33,443,809	22,817,625	14,555,709	365,582	(6,065,121)	175,247,506
Fidelity Series 100 Index Fund	73,936,519	6,844,271	13,939,461	1,592,314	2,205,139	5,539,401	74,585,869
Fidelity Series 1000 Value Index Fund	28,635,554	3,468,855	3,893,425	1,212,319	284,171	444,214	28,939,369
Fidelity Series All-Sector Equity Fund	100,245,505	22,113,183	17,764,624	14,717,585	1,025,873	(2,436,416)	103,183,521
Fidelity Series Canada Fund	--	22,383,655	1,721,099	227,469	8,812	(181,588)	20,489,780
Fidelity Series Commodity Strategy Fund	34,645,169	18,654,597	5,230,278	255,115	(346,405)	1,999,134	49,722,217
Fidelity Series Emerging Markets Debt Fund	15,727,504	2,136,979	1,686,891	1,127,663	(3,105)	(234,612)	15,939,875
Fidelity Series Emerging Markets Fund	219,674,149	20,562,011	72,668,549	6,064,551	8,372,110	38,071,308	214,011,029
Fidelity Series Floating Rate High Income Fund	5,323,980	681,088	702,829	260,580	(12,854)	6,942	5,296,327
Fidelity Series Government Money Market Fund 1.67%	17,248,589	24,481,250	2,485,073	261,816	--	--	39,244,766
Fidelity Series High Income Fund	33,080,898	4,385,476	3,974,955	2,047,627	(38,369)	(243,505)	33,209,545
Fidelity Series Inflation-Protected Bond Index Fund	19,497,504	1,843,292	2,200,900	394,760	(23,566)	(293,258)	18,823,072
Fidelity Series International Credit Fund	--	1,175,236	--	14,381	--	(590)	1,167,052
Fidelity Series International Growth Fund	206,512,126	21,693,620	53,199,288	6,509,994	5,892,236	25,032,936	205,931,630
Fidelity Series International Small Cap Fund	47,185,097	6,685,048	12,408,636	3,082,065	1,176,176	8,744,946	51,382,631
Fidelity Series International Value Fund	207,054,156	24,100,967	40,402,252	6,505,710	905,614	17,190,425	208,848,910
Fidelity Series Investment Grade Bond Fund	26,538,767	47,451,042	5,252,941	1,366,832	(20,902)	(1,099,034)	67,616,932
Fidelity Series Long-Term Treasury Bond Index Fund	10,602	58,602,111	3,194,233	863,881	(39,479)	(1,389,088)	53,989,913
Fidelity Series Real Estate Equity Fund	17,063,755	4,661,032	2,143,393	928,015	(17,848)	(1,506,208)	18,057,338
Fidelity Series Real Estate Income Fund	10,663,041	1,459,764	1,322,696	667,811	(3,669)	(353,207)	10,443,233
Fidelity Series Short-Term Credit Fund	--	166,938	128,952	24,674	(510)	(65,957)	6,886,600
Fidelity Series Small Cap Opportunities Fund	86,495,781	17,244,004	12,484,938	9,300,573	334,108	153,466	91,742,421
	$2,205,380,175	$594,656,532	$546,849,463	$160,723,350	$45,775,306	$99,438,855	$2,398,393,811

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

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 in the accompanying Notes to Financial Statements.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2035 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $1,938,657,957)	$2,398,393,811
Total Investment in Securities (cost $1,938,657,957)		$2,398,393,811
Cash		9
Receivable for investments sold		8,001,549
Receivable for fund shares sold		2,605,154
Total assets		2,409,000,523
Liabilities
Payable for investments purchased	$9,331,236
Payable for fund shares redeemed	1,275,263
Accrued management fee	1,506,518
Distribution and service plan fees payable	439,076
Total liabilities		12,552,093
Net Assets		$2,396,448,430
Net Assets consist of:
Paid in capital		$1,839,361,618
Distributions in excess of net investment income		(877,686)
Accumulated undistributed net realized gain (loss) on investments		98,228,644
Net unrealized appreciation (depreciation) on investments		459,735,854
Net Assets		$2,396,448,430
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($1,082,982,476 ÷ 73,902,326 shares)		$14.65
Maximum offering price per share (100/94.25 of $14.65)		$15.54
Class M:
Net Asset Value and redemption price per share ($364,455,133 ÷ 25,084,125 shares)		$14.53
Maximum offering price per share (100/96.50 of $14.53)		$15.06
Class C:
Net Asset Value and offering price per share ($65,519,189 ÷ 4,585,000 shares)^(a)		$14.29
Class I:
Net Asset Value, offering price and redemption price per share ($867,707,383 ÷ 58,811,451 shares)		$14.75
Class Z6:
Net Asset Value, offering price and redemption price per share ($15,784,249 ÷ 1,070,427 shares)		$14.75

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$39,175,034
Expenses
Management fee	$14,649,193
Distribution and service plan fees	5,236,644
Independent trustees' fees and expenses	8,519
Total expenses before reductions	19,894,356
Expense reductions	(1,454)	19,892,902
Net investment income (loss)		19,282,132
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	45,775,306
Realized gain distributions from underlying funds:
Affiliated issuers	121,548,316
Total net realized gain (loss)		167,323,622
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	99,438,855
Total change in net unrealized appreciation (depreciation)		99,438,855
Net gain (loss)		266,762,477
Net increase (decrease) in net assets resulting from operations		$286,044,609

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$19,282,132	$26,987,601
Net realized gain (loss)	167,323,622	44,125,571
Change in net unrealized appreciation (depreciation)	99,438,855	242,801,866
Net increase (decrease) in net assets resulting from operations	286,044,609	313,915,038
Distributions to shareholders from net investment income	(22,868,765)	(26,994,343)
Distributions to shareholders from net realized gain	(96,748,987)	(75,983,090)
Total distributions	(119,617,752)	(102,977,433)
Share transactions - net increase (decrease)	25,065,653	(144,664,464)
Total increase (decrease) in net assets	191,492,510	66,273,141
Net Assets
Beginning of period	2,204,955,920	2,138,682,779
End of period	$2,396,448,430	$2,204,955,920
Other Information
Distributions in excess of net investment income end of period	$(877,686)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2035 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.61	$12.37	$13.51	$13.54	$12.74
Income from Investment Operations
Net investment income (loss)^A	.12	.16	.16	.19	.15
Net realized and unrealized gain (loss)	1.67	1.68	(.66)	.71	1.59
Total from investment operations	1.79	1.84	(.50)	.90	1.74
Distributions from net investment income	(.14)	(.16)	(.17)	(.19)	(.15)
Distributions from net realized gain	(.61)	(.44)	(.47)	(.73)	(.79)
Total distributions	(.75)	(.60)	(.64)	(.93)^B	(.94)
Net asset value, end of period	$14.65	$13.61	$12.37	$13.51	$13.54
Total Return^C,^D	13.26%	15.51%	(3.92)%	6.81%	14.15%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.87%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.87%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.87%	.25%	.25%	.25%	.25%
Net investment income (loss)	.80%	1.22%	1.28%	1.36%	1.13%
Supplemental Data
Net assets, end of period (000 omitted)	$1,082,982	$1,117,175	$1,094,459	$1,313,452	$1,348,500
Portfolio turnover rate^F	23%	18%	22%	25%	48%

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

^B Total distributions of $.93 per share is comprised of distributions from net investment income of $.194 and distributions from net realized gain of $.733 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2035 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.51	$12.29	$13.42	$13.46	$12.68
Income from Investment Operations
Net investment income (loss)^A	.08	.12	.13	.15	.11
Net realized and unrealized gain (loss)	1.66	1.68	(.65)	.71	1.58
Total from investment operations	1.74	1.80	(.52)	.86	1.69
Distributions from net investment income	(.12)	(.14)	(.14)	(.16)	(.12)
Distributions from net realized gain	(.60)	(.44)	(.46)	(.73)	(.79)
Total distributions	(.72)	(.58)	(.61)^B	(.90)^C	(.91)
Net asset value, end of period	$14.53	$13.51	$12.29	$13.42	$13.46
Total Return^D,^E	12.98%	15.24%	(4.08)%	6.52%	13.81%
Ratios to Average Net Assets^F,^G
Expenses before reductions	1.13%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.13%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.13%	.50%	.50%	.50%	.50%
Net investment income (loss)	.55%	.97%	1.03%	1.11%	.88%
Supplemental Data
Net assets, end of period (000 omitted)	$364,455	$336,939	$299,952	$303,711	$276,113
Portfolio turnover rate^G	23%	18%	22%	25%	48%

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

^B Total distributions of $.61 per share is comprised of distributions from net investment income of $.143 and distributions from net realized gain of $.464 per share.

^C Total distributions of $.90 per share is comprised of distributions from net investment income of $.162 and distributions from net realized gain of $.733 per share.

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

^E Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2035 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.32	$12.14	$13.27	$13.32	$12.56
Income from Investment Operations
Net investment income (loss)^A	.01	.06	.07	.08	.05
Net realized and unrealized gain (loss)	1.62	1.65	(.65)	.70	1.56
Total from investment operations	1.63	1.71	(.58)	.78	1.61
Distributions from net investment income	(.07)	(.09)	(.10)	(.11)	(.07)
Distributions from net realized gain	(.60)	(.44)	(.45)	(.72)	(.78)
Total distributions	(.66)^B	(.53)	(.55)	(.83)	(.85)
Net asset value, end of period	$14.29	$13.32	$12.14	$13.27	$13.32
Total Return^C,^D	12.40%	14.69%	(4.58)%	6.01%	13.27%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.05%	.47%	.53%	.61%	.38%
Supplemental Data
Net assets, end of period (000 omitted)	$65,519	$61,581	$54,813	$56,318	$51,931
Portfolio turnover rate^F	23%	18%	22%	25%	48%

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

^B Total distributions of $.66 per share is comprised of distributions from net investment income of $.066 and distributions from net realized gain of $.598 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2035 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$13.71	$12.45	$13.59	$13.61	$12.80
Income from Investment Operations
Net investment income (loss)^A	.15	.19	.20	.22	.18
Net realized and unrealized gain (loss)	1.68	1.70	(.67)	.72	1.60
Total from investment operations	1.83	1.89	(.47)	.94	1.78
Distributions from net investment income	(.17)	(.19)	(.20)	(.23)	(.18)
Distributions from net realized gain	(.62)	(.44)	(.47)	(.73)	(.79)
Total distributions	(.79)	(.63)	(.67)	(.96)	(.97)
Net asset value, end of period	$14.75	$13.71	$12.45	$13.59	$13.61
Total Return^B	13.50%	15.79%	(3.63)%	7.11%	14.44%
Ratios to Average Net Assets^C,^D
Expenses before reductions	.64%	- %^E	- %^E	- %^E	- %^E
Expenses net of fee waivers, if any	.64%	-%	-%	-%	-%
Expenses net of all reductions	.64%	-%	-%	-%	-%
Net investment income (loss)	1.04%	1.47%	1.53%	1.61%	1.38%
Supplemental Data
Net assets, end of period (000 omitted)	$867,707	$689,261	$684,976	$710,667	$695,092
Portfolio turnover rate^D	23%	18%	22%	25%	48%

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

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

^D Amounts do not include the activity of the Underlying Funds.

^E Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2035 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$14.07
Income from Investment Operations
Net investment income (loss)^B	.12
Net realized and unrealized gain (loss)	1.15
Total from investment operations	1.27
Distributions from net investment income	(.22)
Distributions from net realized gain	(.38)
Total distributions	(.59)^C
Net asset value, end of period	$14.75
Total Return^D,^E	9.03%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.51%^H,^I
Expenses net of fee waivers, if any	.51%^H,^I
Expenses net of all reductions	.51%^H,^I
Net investment income (loss)	.97%^H
Supplemental Data
Net assets, end of period (000 omitted)	$15,784
Portfolio turnover rate^G	23%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

^C Total distributions of $.59 per share is comprised of distributions from net investment income of $.216 and distributions from net realized gain of $.378 per share.

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

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

^G Amounts do not include the activity of the Underlying Funds.

^H Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2040 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.4
Fidelity Series Emerging Markets Fund	9.1
Fidelity Series International Value Fund	9.0
Fidelity Series International Growth Fund	8.8
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.5
Fidelity Advisor Series Equity Value Fund	7.4
Fidelity Advisor Series Equity Growth Fund	6.5
Fidelity Advisor Series Opportunistic Insights Fund	6.0
Fidelity Series All-Sector Equity Fund	4.4
Fidelity Advisor Series Growth Opportunities Fund	4.2
	74.3

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	61.9%
	International Equity Funds	30.0%
	Bond Funds	6.3%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2040 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 61.9%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	10,413,202	$140,682,362
Fidelity Advisor Series Equity Value Fund (a)	12,979,149	162,239,363
Fidelity Advisor Series Growth & Income Fund (a)	16,555,834	248,668,633
Fidelity Advisor Series Growth Opportunities Fund (a)	7,020,232	92,316,051
Fidelity Advisor Series Opportunistic Insights Fund (a)	7,294,615	130,719,494
Fidelity Advisor Series Small Cap Fund (a)	5,909,976	70,269,615
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	13,082,459	163,792,386
Fidelity Series 100 Index Fund (a)	4,084,312	69,719,202
Fidelity Series 1000 Value Index Fund (a)	2,206,272	27,203,330
Fidelity Series All-Sector Equity Fund (a)	7,908,615	96,485,101
Fidelity Series Commodity Strategy Fund (a)	8,327,498	45,218,312
Fidelity Series Real Estate Equity Fund (a)	1,416,813	16,888,409
Fidelity Series Small Cap Opportunities Fund (a)	6,016,818	85,799,818
TOTAL DOMESTIC EQUITY FUNDS
(Cost $1,089,681,656)		1,350,002,076

International Equity Funds - 30.0%
Fidelity Series Canada Fund (a)	1,877,791	19,115,913
Fidelity Series Emerging Markets Fund (a)	9,042,961	198,131,267
Fidelity Series International Growth Fund (a)	11,924,849	192,586,304
Fidelity Series International Small Cap Fund (a)	2,580,739	48,053,368
Fidelity Series International Value Fund (a)	18,468,938	194,847,297
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $482,517,516)		652,734,149

Bond Funds - 6.3%
Fidelity Series Emerging Markets Debt Fund (a)	1,438,473	14,499,809
Fidelity Series Floating Rate High Income Fund (a)	505,290	4,805,312
Fidelity Series High Income Fund (a)	3,189,160	30,392,696
Fidelity Series Inflation-Protected Bond Index Fund (a)	1,780,427	17,270,143
Fidelity Series International Credit Fund (a)	107,038	1,062,890
Fidelity Series Investment Grade Bond Fund (a)	930,482	10,253,916
Fidelity Series Long-Term Treasury Bond Index Fund (a)	5,686,849	48,736,296
Fidelity Series Real Estate Income Fund (a)	885,461	9,492,141
TOTAL BOND FUNDS
(Cost $138,723,294)		136,513,203

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	35,343,924	35,343,924
Fidelity Series Short-Term Credit Fund (a)	631,332	6,224,937
TOTAL SHORT-TERM FUNDS
(Cost $41,628,723)		41,568,861
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $1,752,551,189)		2,180,818,289
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(1,790,995)
NET ASSETS - 100%		$2,179,027,294

Legend

(a) Affiliated Fund

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

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$133,478,332	$31,825,650	$35,415,764	$21,238,507	$7,039,655	$3,754,489	$140,682,362
Fidelity Advisor Series Equity Value Fund	237,148,200	34,703,957	102,347,987(a)	15,976,753	6,419,177	(13,683,984)	162,239,363
Fidelity Advisor Series Growth & Income Fund	164,302,713	112,587,819(a)	35,104,882	13,730,916	286,116	6,596,867	248,668,633
Fidelity Advisor Series Growth Opportunities Fund	87,924,291	15,501,341	22,951,912	8,543,677	3,226,952	8,615,379	92,316,051
Fidelity Advisor Series Opportunistic Insights Fund	124,077,560	27,759,027	33,746,534	18,400,116	4,892,199	7,737,242	130,719,494
Fidelity Advisor Series Short-Term Credit Fund	5,143,136	1,770,888	647,518	75,472	650	(608)	--
Fidelity Advisor Series Small Cap Fund	65,935,430	11,569,952	10,157,537	4,496,288	826,659	2,095,111	70,269,615
Fidelity Advisor Series Stock Selector Large Cap Value Fund	157,424,474	33,819,863	21,944,323	13,548,166	271,407	(5,779,035)	163,792,386
Fidelity Series 100 Index Fund	68,211,706	6,229,785	11,820,072	1,479,718	1,855,202	5,242,581	69,719,202
Fidelity Series 1000 Value Index Fund	26,459,062	3,711,434	3,596,848	1,127,710	204,436	425,246	27,203,330
Fidelity Series All-Sector Equity Fund	92,541,193	20,722,942	15,324,828	13,709,929	847,589	(2,301,795)	96,485,101
Fidelity Series Canada Fund	--	20,729,282	1,429,914	209,481	2,308	(185,763)	19,115,913
Fidelity Series Commodity Strategy Fund	31,835,227	16,948,914	5,093,427	232,116	(664,462)	2,192,060	45,218,312
Fidelity Series Emerging Markets Debt Fund	14,411,820	1,929,510	1,626,791	1,027,274	2,481	(217,211)	14,499,809
Fidelity Series Emerging Markets Fund	202,031,324	18,688,459	65,354,057	5,593,142	7,468,571	35,296,970	198,131,267
Fidelity Series Floating Rate High Income Fund	4,875,701	612,860	677,775	236,979	(16,222)	10,748	4,805,312
Fidelity Series Government Money Market Fund 1.67%	16,126,078	21,651,816	2,433,970	238,022	--	--	35,343,924
Fidelity Series High Income Fund	30,531,642	3,969,582	3,851,057	1,877,932	(46,300)	(211,171)	30,392,696
Fidelity Series Inflation-Protected Bond Index Fund	17,962,427	1,727,604	2,130,157	361,148	(24,052)	(265,679)	17,270,143
Fidelity Series International Credit Fund	--	1,070,343	--	13,102	--	(537)	1,062,890
Fidelity Series International Growth Fund	190,717,418	19,929,255	46,381,947	6,032,078	6,104,168	22,217,410	192,586,304
Fidelity Series International Small Cap Fund	43,576,472	6,144,105	10,797,983	2,857,466	1,069,599	8,061,175	48,053,368
Fidelity Series International Value Fund	191,221,028	23,547,019	36,482,725	6,027,891	1,326,643	15,235,332	194,847,297
Fidelity Series Investment Grade Bond Fund	8,909,130	6,092,219	4,617,184	291,457	51,446	(181,695)	10,253,916
Fidelity Series Long-Term Treasury Bond Index Fund	9,530	53,521,398	3,462,971	771,463	(43,137)	(1,288,524)	48,736,296
Fidelity Series Real Estate Equity Fund	15,766,650	4,607,941	2,059,716	858,817	(16,377)	(1,410,089)	16,888,409
Fidelity Series Real Estate Income Fund	9,775,563	1,315,462	1,275,350	607,663	(7,499)	(316,035)	9,492,141
Fidelity Series Short-Term Credit Fund	--	139,844	121,127	22,352	(467)	(59,861)	6,224,937
Fidelity Series Small Cap Opportunities Fund	79,919,247	17,117,637	11,676,552	8,577,889	292,607	146,879	85,799,818
	$2,020,315,354	$519,945,908	$492,530,908	$148,163,524	$41,369,349	$91,725,502	$2,180,818,289

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2040 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $1,752,551,189)	$2,180,818,289
Total Investment in Securities (cost $1,752,551,189)		$2,180,818,289
Cash		7
Receivable for investments sold		7,060,922
Receivable for fund shares sold		2,405,483
Total assets		2,190,284,701
Liabilities
Payable for investments purchased	$7,639,208
Payable for fund shares redeemed	1,827,431
Accrued management fee	1,372,517
Distribution and service plan fees payable	418,251
Total liabilities		11,257,407
Net Assets		$2,179,027,294
Net Assets consist of:
Paid in capital		$1,663,458,658
Distributions in excess of net investment income		(1,775,924)
Accumulated undistributed net realized gain (loss) on investments		89,077,460
Net unrealized appreciation (depreciation) on investments		428,267,100
Net Assets		$2,179,027,294
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($948,970,332 ÷ 60,496,342 shares)		$15.69
Maximum offering price per share (100/94.25 of $15.69)		$16.65
Class M:
Net Asset Value and redemption price per share ($343,163,841 ÷ 21,970,647 shares)		$15.62
Maximum offering price per share (100/96.50 of $15.62)		$16.19
Class C:
Net Asset Value and offering price per share ($84,365,066 ÷ 5,505,146 shares)^(a)		$15.32
Class I:
Net Asset Value, offering price and redemption price per share ($790,666,884 ÷ 50,108,848 shares)		$15.78
Class Z6:
Net Asset Value, offering price and redemption price per share ($11,861,171 ÷ 752,550 shares)		$15.76

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$35,267,531
Expenses
Management fee	$13,336,226
Distribution and service plan fees	4,977,930
Independent trustees' fees and expenses	7,765
Total expenses before reductions	18,321,921
Expense reductions	(1,334)	18,320,587
Net investment income (loss)		16,946,944
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	41,369,349
Realized gain distributions from underlying funds:
Affiliated issuers	112,895,993
Total net realized gain (loss)		154,265,342
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	91,725,502
Total change in net unrealized appreciation (depreciation)		91,725,502
Net gain (loss)		245,990,844
Net increase (decrease) in net assets resulting from operations		$262,937,788

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$16,946,944	$24,644,915
Net realized gain (loss)	154,265,342	40,972,527
Change in net unrealized appreciation (depreciation)	91,725,502	222,910,520
Net increase (decrease) in net assets resulting from operations	262,937,788	288,527,962
Distributions to shareholders from net investment income	(20,779,436)	(24,918,914)
Distributions to shareholders from net realized gain	(90,229,747)	(71,552,200)
Total distributions	(111,009,183)	(96,471,114)
Share transactions - net increase (decrease)	7,294,311	(141,397,501)
Total increase (decrease) in net assets	159,222,916	50,659,347
Net Assets
Beginning of period	2,019,804,378	1,969,145,031
End of period	$2,179,027,294	$2,019,804,378
Other Information
Distributions in excess of net investment income end of period	$(1,775,924)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2040 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.57	$13.25	$14.49	$14.51	$13.61
Income from Investment Operations
Net investment income (loss)^A	.12	.17	.17	.20	.15
Net realized and unrealized gain (loss)	1.81	1.80	(.69)	.76	1.74
Total from investment operations	1.93	1.97	(.52)	.96	1.89
Distributions from net investment income	(.15)	(.17)	(.18)	(.21)	(.16)
Distributions from net realized gain	(.66)	(.48)	(.54)	(.77)	(.83)
Total distributions	(.81)	(.65)	(.72)	(.98)	(.99)
Net asset value, end of period	$15.69	$14.57	$13.25	$14.49	$14.51
Total Return^B,^C	13.42%	15.53%	(3.82)%	6.76%	14.37%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.87%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.87%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.87%	.25%	.25%	.25%	.25%
Net investment income (loss)	.78%	1.22%	1.27%	1.35%	1.10%
Supplemental Data
Net assets, end of period (000 omitted)	$948,970	$965,401	$950,816	$1,154,277	$1,195,641
Portfolio turnover rate^D	23%	18%	21%	24%	47%

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

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

^C Total returns do not include the effect of the sales charges.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2040 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.52	$13.21	$14.45	$14.47	$13.58
Income from Investment Operations
Net investment income (loss)^A	.08	.13	.14	.16	.12
Net realized and unrealized gain (loss)	1.80	1.81	(.70)	.76	1.73
Total from investment operations	1.88	1.94	(.56)	.92	1.85
Distributions from net investment income	(.12)	(.15)	(.15)	(.17)	(.13)
Distributions from net realized gain	(.66)	(.48)	(.53)	(.77)	(.83)
Total distributions	(.78)	(.63)	(.68)	(.94)	(.96)
Net asset value, end of period	$15.62	$14.52	$13.21	$14.45	$14.47
Total Return^B,^C	13.11%	15.26%	(4.07)%	6.51%	14.06%
Ratios to Average Net Assets^D,^E
Expenses before reductions	1.13%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.13%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.13%	.50%	.50%	.50%	.50%
Net investment income (loss)	.53%	.97%	1.02%	1.10%	.85%
Supplemental Data
Net assets, end of period (000 omitted)	$343,164	$324,990	$310,107	$333,069	$341,608
Portfolio turnover rate^D	23%	18%	21%	24%	47%

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

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

^C Total returns do not include the effect of the sales charges.

^D Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2040 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.28	$13.02	$14.27	$14.30	$13.43
Income from Investment Operations
Net investment income (loss)^A	–^B	.06	.07	.09	.05
Net realized and unrealized gain (loss)	1.77	1.78	(.70)	.75	1.71
Total from investment operations	1.77	1.84	(.63)	.84	1.76
Distributions from net investment income	(.07)	(.10)	(.10)	(.12)	(.07)
Distributions from net realized gain	(.66)	(.48)	(.52)	(.75)	(.82)
Total distributions	(.73)	(.58)	(.62)	(.87)	(.89)
Net asset value, end of period	$15.32	$14.28	$13.02	$14.27	$14.30
Total Return^C,^D	12.52%	14.70%	(4.63)%	6.01%	13.57%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.03%	.48%	.52%	.60%	.35%
Supplemental Data
Net assets, end of period (000 omitted)	$84,365	$79,480	$73,036	$77,130	$72,247
Portfolio turnover rate^E	23%	18%	21%	24%	47%

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

^B Amount represents less than $.005 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^E Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2040 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$14.65	$13.32	$14.57	$14.59	$13.67
Income from Investment Operations
Net investment income (loss)^A	.16	.20	.21	.23	.19
Net realized and unrealized gain (loss)	1.83	1.82	(.71)	.76	1.75
Total from investment operations	1.99	2.02	(.50)	.99	1.94
Distributions from net investment income	(.19)	(.20)	(.22)	(.24)	(.19)
Distributions from net realized gain	(.67)	(.49)	(.54)	(.77)	(.83)
Total distributions	(.86)	(.69)	(.75)^B	(1.01)	(1.02)
Net asset value, end of period	$15.78	$14.65	$13.32	$14.57	$14.59
Total Return^C	13.74%	15.82%	(3.62)%	6.99%	14.73%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.63%	- %^F	- %^F	- %^F	- %^F
Expenses net of fee waivers, if any	.63%	-%	-%	-%	-%
Expenses net of all reductions	.63%	-%	-%	-%	-%
Net investment income (loss)	1.02%	1.47%	1.52%	1.60%	1.35%
Supplemental Data
Net assets, end of period (000 omitted)	$790,667	$649,934	$629,599	$688,278	$664,689
Portfolio turnover rate^D	23%	18%	21%	24%	47%

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

^B Total distributions of $.75 per share is comprised of distributions from net investment income of $.216 and distributions from net realized gain of $.535 per share.

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

^D Amounts do not include the activity of the Underlying Funds.

^F Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2040 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$15.04
Income from Investment Operations
Net investment income (loss)^B	.18
Net realized and unrealized gain (loss)	1.20
Total from investment operations	1.38
Distributions from net investment income	(.23)
Distributions from net realized gain	(.42)
Total distributions	(.66)^C
Net asset value, end of period	$15.76
Total Return^D,^E	9.12%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.51%^H,^I
Expenses net of fee waivers, if any	.51%^H,^I
Expenses net of all reductions	.51%^H,^I
Net investment income (loss)	1.39%^H
Supplemental Data
Net assets, end of period (000 omitted)	$11,861
Portfolio turnover rate^F	23%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

^C Total distributions of $.66 per share is comprised of distributions from net investment income of $.234 and distributions from net realized gain of $.421 per share.

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

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

^F Amounts do not include the activity of the Underlying Funds.

^H Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2045 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.4
Fidelity Series Emerging Markets Fund	9.1
Fidelity Series International Value Fund	9.0
Fidelity Series International Growth Fund	8.8
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.5
Fidelity Advisor Series Equity Value Fund	7.5
Fidelity Advisor Series Equity Growth Fund	6.5
Fidelity Advisor Series Opportunistic Insights Fund	6.0
Fidelity Series All-Sector Equity Fund	4.4
Fidelity Advisor Series Growth Opportunities Fund	4.2
	74.4

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	62.0%
	International Equity Funds	30.0%
	Bond Funds	6.2%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2045 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 62.0%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	6,482,983	$87,585,095
Fidelity Advisor Series Equity Value Fund (a)	8,084,984	101,062,304
Fidelity Advisor Series Growth & Income Fund (a)	10,313,807	154,913,386
Fidelity Advisor Series Growth Opportunities Fund (a)	4,370,162	57,467,634
Fidelity Advisor Series Opportunistic Insights Fund (a)	4,541,522	81,384,078
Fidelity Advisor Series Small Cap Fund (a)	3,680,329	43,759,112
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	8,149,608	102,033,097
Fidelity Series 100 Index Fund (a)	2,537,133	43,308,860
Fidelity Series 1000 Value Index Fund (a)	1,371,139	16,906,145
Fidelity Series All-Sector Equity Fund (a)	4,925,048	60,085,583
Fidelity Series Commodity Strategy Fund (a)	5,202,411	28,249,093
Fidelity Series Real Estate Equity Fund (a)	878,948	10,477,062
Fidelity Series Small Cap Opportunities Fund (a)	3,746,350	53,422,944
TOTAL DOMESTIC EQUITY FUNDS
(Cost $690,649,873)		840,654,393

International Equity Funds - 30.0%
Fidelity Series Canada Fund (a)	1,169,370	11,904,189
Fidelity Series Emerging Markets Fund (a)	5,638,081	123,530,365
Fidelity Series International Growth Fund (a)	7,424,735	119,909,466
Fidelity Series International Small Cap Fund (a)	1,606,802	29,918,661
Fidelity Series International Value Fund (a)	11,501,359	121,339,335
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $310,444,320)		406,602,016

Bond Funds - 6.2%
Fidelity Series Emerging Markets Debt Fund (a)	883,661	8,907,300
Fidelity Series Floating Rate High Income Fund (a)	316,330	3,008,295
Fidelity Series High Income Fund (a)	1,963,057	18,707,935
Fidelity Series Inflation-Protected Bond Index Fund (a)	1,114,678	10,812,378
Fidelity Series International Credit Fund (a)	64,488	640,362
Fidelity Series Investment Grade Bond Fund (a)	584,445	6,440,580
Fidelity Series Long-Term Treasury Bond Index Fund (a)	3,540,238	30,339,836
Fidelity Series Real Estate Income Fund (a)	548,138	5,876,043
TOTAL BOND FUNDS
(Cost $85,828,042)		84,732,729

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	21,893,886	21,893,886
Fidelity Series Short-Term Credit Fund (a)	400,022	3,944,220
TOTAL SHORT-TERM FUNDS
(Cost $25,875,531)		25,838,106
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $1,112,797,766)		1,357,827,244
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(1,082,167)
NET ASSETS - 100%		$1,356,745,077

Legend

(a) Affiliated Fund

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

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$78,675,858	$22,385,524	$19,788,272	$13,015,041	$3,198,143	$3,113,842	$87,585,095
Fidelity Advisor Series Equity Value Fund	139,788,643	24,637,597	58,870,157(a)	9,762,825	3,410,839	(7,904,618)	101,062,304
Fidelity Advisor Series Growth & Income Fund	96,846,527	72,652,821(a)	18,717,089	8,337,424	72,227	4,058,900	154,913,386
Fidelity Advisor Series Growth Opportunities Fund	51,821,990	11,341,928	12,763,854	5,235,639	1,432,296	5,635,274	57,467,634
Fidelity Advisor Series Opportunistic Insights Fund	73,134,052	19,719,363	18,944,789	11,279,247	2,071,065	5,404,387	81,384,078
Fidelity Advisor Series Short-Term Credit Fund	2,997,726	1,258,219	339,544	45,735	(74)	(347)	--
Fidelity Advisor Series Small Cap Fund	38,859,402	8,491,302	5,328,663	2,755,305	184,810	1,552,261	43,759,112
Fidelity Advisor Series Stock Selector Large Cap Value Fund	92,791,862	23,931,343	11,243,950	8,318,141	71,662	(3,517,820)	102,033,097
Fidelity Series 100 Index Fund	40,211,687	5,164,735	6,342,186	906,786	683,152	3,591,472	43,308,860
Fidelity Series 1000 Value Index Fund	15,597,403	2,777,576	1,845,057	691,411	15,447	360,776	16,906,145
Fidelity Series All-Sector Equity Fund	54,552,620	14,699,816	8,150,109	8,423,891	236,825	(1,253,569)	60,085,583
Fidelity Series Canada Fund	--	12,786,428	761,149	129,556	904	(121,994)	11,904,189
Fidelity Series Commodity Strategy Fund	19,462,589	10,501,144	2,646,648	142,290	(66,683)	998,691	28,249,093
Fidelity Series Emerging Markets Debt Fund	8,441,336	1,434,495	834,272	617,540	(621)	(133,638)	8,907,300
Fidelity Series Emerging Markets Fund	119,033,906	15,217,227	36,465,500	3,430,200	3,623,814	22,120,918	123,530,365
Fidelity Series Floating Rate High Income Fund	2,874,378	484,698	347,584	144,323	(12)	(3,185)	3,008,295
Fidelity Series Government Money Market Fund 1.67%	9,394,039	13,734,240	1,234,393	145,406	--	--	21,893,886
Fidelity Series High Income Fund	17,809,902	3,033,109	1,971,352	1,129,232	(5,497)	(158,227)	18,707,935
Fidelity Series Inflation-Protected Bond Index Fund	10,473,212	1,587,223	1,072,747	218,743	(6,121)	(169,189)	10,812,378
Fidelity Series International Credit Fund	--	644,852	--	7,887	--	(323)	640,362
Fidelity Series International Growth Fund	112,427,130	16,225,992	25,723,647	3,697,669	1,547,334	15,432,657	119,909,466
Fidelity Series International Small Cap Fund	25,677,674	4,702,606	5,956,664	1,751,062	417,636	5,077,409	29,918,661
Fidelity Series International Value Fund	112,714,207	18,414,846	19,631,276	3,697,323	396,632	9,444,926	121,339,335
Fidelity Series Investment Grade Bond Fund	5,242,976	3,966,640	2,685,479	178,173	43,808	(127,365)	6,440,580
Fidelity Series Long-Term Treasury Bond Index Fund	5,686	32,933,203	1,788,024	472,946	(20,952)	(790,077)	30,339,836
Fidelity Series Real Estate Equity Fund	9,294,425	3,103,041	1,044,652	523,657	(8,233)	(867,519)	10,477,062
Fidelity Series Real Estate Income Fund	5,722,145	1,007,413	654,351	366,625	(5,203)	(193,961)	5,876,043
Fidelity Series Short-Term Credit Fund	--	125,776	59,912	14,026	(199)	(37,425)	3,944,220
Fidelity Series Small Cap Opportunities Fund	47,112,893	12,118,422	6,082,077	5,231,366	(4,788)	278,494	53,422,944
	$1,190,964,268	$359,081,579	$271,293,397	$90,669,469	$17,288,211	$61,790,750	$1,357,827,244

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2045 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $1,112,797,766)	$1,357,827,244
Total Investment in Securities (cost $1,112,797,766)		$1,357,827,244
Receivable for investments sold		4,223,877
Receivable for fund shares sold		2,124,829
Total assets		1,364,175,950
Liabilities
Payable for investments purchased	$5,354,723
Payable for fund shares redeemed	993,768
Accrued management fee	850,039
Distribution and service plan fees payable	232,343
Total liabilities		7,430,873
Net Assets		$1,356,745,077
Net Assets consist of:
Paid in capital		$1,060,571,398
Distributions in excess of net investment income		(761,157)
Accumulated undistributed net realized gain (loss) on investments		51,905,358
Net unrealized appreciation (depreciation) on investments		245,029,478
Net Assets		$1,356,745,077
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($566,473,734 ÷ 46,391,705 shares)		$12.21
Maximum offering price per share (100/94.25 of $12.21)		$12.95
Class M:
Net Asset Value and redemption price per share ($207,441,677 ÷ 17,117,527 shares)		$12.12
Maximum offering price per share (100/96.50 of $12.12)		$12.56
Class C:
Net Asset Value and offering price per share ($30,548,509 ÷ 2,550,886 shares)^(a)		$11.98
Class I:
Net Asset Value, offering price and redemption price per share ($543,169,629 ÷ 44,213,592 shares)		$12.29
Class Z6:
Net Asset Value, offering price and redemption price per share ($9,111,528 ÷ 742,103 shares)		$12.28

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$21,534,994
Expenses
Management fee	$8,131,457
Distribution and service plan fees	2,728,168
Independent trustees' fees and expenses	4,694
Total expenses before reductions	10,864,319
Expense reductions	(788)	10,863,531
Net investment income (loss)		10,671,463
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	17,288,211
Realized gain distributions from underlying funds:
Affiliated issuers	69,134,475
Total net realized gain (loss)		86,422,686
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	61,790,750
Total change in net unrealized appreciation (depreciation)		61,790,750
Net gain (loss)		148,213,436
Net increase (decrease) in net assets resulting from operations		$158,884,899

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$10,671,463	$14,469,103
Net realized gain (loss)	86,422,686	21,975,953
Change in net unrealized appreciation (depreciation)	61,790,750	130,631,830
Net increase (decrease) in net assets resulting from operations	158,884,899	167,076,886
Distributions to shareholders from net investment income	(12,899,292)	(14,531,898)
Distributions to shareholders from net realized gain	(46,138,745)	(39,042,045)
Total distributions	(59,038,037)	(53,573,943)
Share transactions - net increase (decrease)	66,150,547	(28,198,870)
Total increase (decrease) in net assets	165,997,409	85,304,073
Net Assets
Beginning of period	1,190,747,668	1,105,443,595
End of period	$1,356,745,077	$1,190,747,668
Other Information
Distributions in excess of net investment income end of period	$(761,157)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2045 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.26	$10.23	$11.15	$11.31	$10.46
Income from Investment Operations
Net investment income (loss)^A	.10	.13	.13	.15	.12
Net realized and unrealized gain (loss)	1.40	1.39	(.54)	.59	1.39
Total from investment operations	1.50	1.52	(.41)	.74	1.51
Distributions from net investment income	(.12)	(.13)	(.14)	(.16)	(.12)
Distributions from net realized gain	(.43)	(.36)	(.37)	(.74)	(.54)
Total distributions	(.55)	(.49)	(.51)	(.90)	(.66)
Net asset value, end of period	$12.21	$11.26	$10.23	$11.15	$11.31
Total Return^B,^C	13.44%	15.50%	(3.85)%	6.80%	14.74%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.87%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.87%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.87%	.25%	.25%	.25%	.25%
Net investment income (loss)	.79%	1.22%	1.27%	1.37%	1.12%
Supplemental Data
Net assets, end of period (000 omitted)	$566,474	$556,090	$531,510	$623,734	$612,735
Portfolio turnover rate ^E	21%	22%	26%	27%	46%

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

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

^C Total returns do not include the effect of the sales charges.

^E Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2045 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.19	$10.17	$11.09	$11.26	$10.42
Income from Investment Operations
Net investment income (loss)^A	.06	.10	.11	.13	.09
Net realized and unrealized gain (loss)	1.39	1.39	(.54)	.57	1.39
Total from investment operations	1.45	1.49	(.43)	.70	1.48
Distributions from net investment income	(.10)	(.11)	(.12)	(.13)	(.10)
Distributions from net realized gain	(.43)	(.36)	(.37)	(.74)	(.54)
Total distributions	(.52)^B	(.47)	(.49)	(.87)	(.64)
Net asset value, end of period	$12.12	$11.19	$10.17	$11.09	$11.26
Total Return^C,^D	13.12%	15.29%	(4.10)%	6.50%	14.45%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.13%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.13%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.13%	.50%	.50%	.50%	.50%
Net investment income (loss)	.54%	.97%	1.02%	1.12%	.87%
Supplemental Data
Net assets, end of period (000 omitted)	$207,442	$186,200	$158,557	$153,677	$128,619
Portfolio turnover rate^F	21%	22%	26%	27%	46%

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

^B Total distributions of $.52 per share is comprised of distributions from net investment income of $.096 and distributions from net realized gain of $.428 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2045 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.08	$10.09	$11.01	$11.19	$10.36
Income from Investment Operations
Net investment income (loss)^A	–^B	.05	.05	.07	.04
Net realized and unrealized gain (loss)	1.38	1.38	(.53)	.57	1.38
Total from investment operations	1.38	1.43	(.48)	.64	1.42
Distributions from net investment income	(.05)	(.08)	(.08)	(.09)	(.06)
Distributions from net realized gain	(.43)	(.36)	(.36)	(.73)	(.53)
Total distributions	(.48)	(.44)	(.44)	(.82)	(.59)
Net asset value, end of period	$11.98	$11.08	$10.09	$11.01	$11.19
Total Return^C,^D	12.59%	14.71%	(4.59)%	5.95%	13.95%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.04%	.47%	.53%	.62%	.37%
Supplemental Data
Net assets, end of period (000 omitted)	$30,549	$27,491	$23,423	$22,493	$18,457
Portfolio turnover rate^F	21%	22%	26%	27%	46%

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

^B Amount represents less than $.005 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2045 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.33	$10.28	$11.21	$11.37	$10.50
Income from Investment Operations
Net investment income (loss)^A	.12	.16	.16	.18	.15
Net realized and unrealized gain (loss)	1.42	1.40	(.55)	.59	1.41
Total from investment operations	1.54	1.56	(.39)	.77	1.56
Distributions from net investment income	(.14)	(.15)	(.17)	(.19)	(.15)
Distributions from net realized gain	(.44)	(.36)	(.37)	(.74)	(.54)
Total distributions	(.58)	(.51)	(.54)	(.93)	(.69)
Net asset value, end of period	$12.29	$11.33	$10.28	$11.21	$11.37
Total Return^B	13.77%	15.83%	(3.66)%	7.03%	15.14%
Ratios to Average Net Assets^C,^D
Expenses before reductions	.64%	- %^E	- %^E	- %^E	- %^E
Expenses net of fee waivers, if any	.64%	-%	-%	-%	-%
Expenses net of all reductions	.64%	-%	-%	-%	-%
Net investment income (loss)	1.03%	1.47%	1.52%	1.62%	1.37%
Supplemental Data
Net assets, end of period (000 omitted)	$543,170	$420,967	$390,675	$400,667	$378,776
Portfolio turnover rate^D	21%	22%	26%	27%	46%

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

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

^D Amounts do not include the activity of the Underlying Funds.

^E Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2045 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$11.65
Income from Investment Operations
Net investment income (loss)^B	.15
Net realized and unrealized gain (loss)	.92
Total from investment operations	1.07
Distributions from net investment income	(.18)
Distributions from net realized gain	(.26)
Total distributions	(.44)
Net asset value, end of period	$12.28
Total Return^C,^D	9.15%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.51%^G,^H
Expenses net of fee waivers, if any	.51%^G,^H
Expenses net of all reductions	.51%^G,^H
Net investment income (loss)	1.50%^G
Supplemental Data
Net assets, end of period (000 omitted)	$9,112
Portfolio turnover rate^E	21%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^E Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2050 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.4
Fidelity Series Emerging Markets Fund	9.1
Fidelity Series International Value Fund	9.0
Fidelity Series International Growth Fund	8.8
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.5
Fidelity Advisor Series Equity Value Fund	7.5
Fidelity Advisor Series Equity Growth Fund	6.5
Fidelity Advisor Series Opportunistic Insights Fund	6.0
Fidelity Series All-Sector Equity Fund	4.4
Fidelity Advisor Series Growth Opportunities Fund	4.2
	74.4

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	62.0%
	International Equity Funds	30.0%
	Bond Funds	6.2%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2050 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 62.0%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	5,207,399	$70,351,965
Fidelity Advisor Series Equity Value Fund (a)	6,494,800	81,184,995
Fidelity Advisor Series Growth & Income Fund (a)	8,286,207	124,458,830
Fidelity Advisor Series Growth Opportunities Fund (a)	3,510,259	46,159,904
Fidelity Advisor Series Opportunistic Insights Fund (a)	3,647,549	65,364,078
Fidelity Advisor Series Small Cap Fund (a)	2,955,937	35,146,093
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	6,546,880	81,966,944
Fidelity Series 100 Index Fund (a)	2,035,631	34,748,219
Fidelity Series 1000 Value Index Fund (a)	1,101,147	13,577,147
Fidelity Series All-Sector Equity Fund (a)	3,956,350	48,267,467
Fidelity Series Commodity Strategy Fund (a)	4,183,030	22,713,854
Fidelity Series Real Estate Equity Fund (a)	707,530	8,433,757
Fidelity Series Small Cap Opportunities Fund (a)	3,008,975	42,907,982
TOTAL DOMESTIC EQUITY FUNDS
(Cost $558,262,204)		675,281,235

International Equity Funds - 30.0%
Fidelity Series Canada Fund (a)	939,600	9,565,126
Fidelity Series Emerging Markets Fund (a)	4,529,747	99,246,751
Fidelity Series International Growth Fund (a)	5,963,903	96,317,039
Fidelity Series International Small Cap Fund (a)	1,290,639	24,031,703
Fidelity Series International Value Fund (a)	9,238,899	97,470,380
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $251,041,213)		326,630,999

Bond Funds - 6.2%
Fidelity Series Emerging Markets Debt Fund (a)	707,298	7,129,561
Fidelity Series Floating Rate High Income Fund (a)	255,105	2,426,049
Fidelity Series High Income Fund (a)	1,568,408	14,946,932
Fidelity Series Inflation-Protected Bond Index Fund (a)	897,765	8,708,325
Fidelity Series International Credit Fund (a)	50,680	503,256
Fidelity Series Investment Grade Bond Fund (a)	470,277	5,182,457
Fidelity Series Long-Term Treasury Bond Index Fund (a)	2,845,041	24,382,002
Fidelity Series Real Estate Income Fund (a)	440,654	4,723,812
TOTAL BOND FUNDS
(Cost $69,118,769)		68,002,394

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	17,563,064	17,563,064
Fidelity Series Short-Term Credit Fund (a)	323,217	3,186,925
TOTAL SHORT-TERM FUNDS
(Cost $20,780,186)		20,749,989
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $899,202,372)		1,090,664,617
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(867,811)
NET ASSETS - 100%		$1,089,796,806

Legend

(a) Affiliated Fund

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

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$2
Total	$2

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$61,424,250	$19,322,905	$15,266,331	$10,327,619	$2,082,278	$2,788,863	$70,351,965
Fidelity Advisor Series Equity Value Fund	109,137,178	21,529,539	45,854,407(a)	7,736,193	2,671,969	(6,299,284)	81,184,995
Fidelity Advisor Series Growth & Income Fund	75,610,979	59,914,118(a)	14,256,072	6,571,939	12,297	3,177,508	124,458,830
Fidelity Advisor Series Growth Opportunities Fund	40,458,803	10,085,292	9,909,457	4,154,518	938,415	4,586,851	46,159,904
Fidelity Advisor Series Opportunistic Insights Fund	57,097,662	17,118,745	14,655,657	8,963,948	1,352,471	4,450,857	65,364,078
Fidelity Advisor Series Short-Term Credit Fund	2,311,972	1,081,334	260,927	35,960	(96)	(253)	--
Fidelity Advisor Series Small Cap Fund	30,339,120	7,549,266	4,093,137	2,186,404	111,142	1,239,702	35,146,093
Fidelity Advisor Series Stock Selector Large Cap Value Fund	72,445,784	21,073,002	8,743,148	6,613,714	49,741	(2,858,435)	81,966,944
Fidelity Series 100 Index Fund	31,401,616	4,866,991	4,863,248	719,539	355,939	2,986,921	34,748,219
Fidelity Series 1000 Value Index Fund	12,177,297	2,541,569	1,428,328	549,016	6,758	279,851	13,577,147
Fidelity Series All-Sector Equity Fund	42,590,508	12,828,016	6,266,364	6,703,594	134,324	(1,019,017)	48,267,467
Fidelity Series Canada Fund	--	10,272,435	604,961	102,406	(230)	(102,118)	9,565,126
Fidelity Series Commodity Strategy Fund	15,435,424	8,545,647	2,001,237	112,474	(11,403)	745,423	22,713,854
Fidelity Series Emerging Markets Debt Fund	6,585,766	1,284,043	631,632	486,995	(787)	(107,829)	7,129,561
Fidelity Series Emerging Markets Fund	92,941,824	14,268,613	28,186,181	2,722,535	2,687,688	17,534,807	99,246,751
Fidelity Series Floating Rate High Income Fund	2,245,372	446,380	263,157	114,312	(125)	(2,421)	2,426,049
Fidelity Series Government Money Market Fund 1.67%	7,236,366	11,270,473	943,775	115,388	--	--	17,563,064
Fidelity Series High Income Fund	13,835,614	2,741,152	1,495,810	888,367	3,179	(137,203)	14,946,932
Fidelity Series Inflation-Protected Bond Index Fund	8,105,743	1,566,646	823,872	173,983	(2,921)	(137,271)	8,708,325
Fidelity Series International Credit Fund	--	506,784	--	6,203	--	(254)	503,256
Fidelity Series International Growth Fund	87,773,342	15,046,071	19,761,029	2,934,171	886,037	12,372,618	96,317,039
Fidelity Series International Small Cap Fund	20,040,723	4,266,263	4,589,631	1,389,514	263,187	4,051,161	24,031,703
Fidelity Series International Value Fund	88,005,325	16,897,765	15,099,981	2,932,171	460,367	7,206,904	97,470,380
Fidelity Series Investment Grade Bond Fund	4,102,571	3,257,473	2,109,803	141,135	22,545	(90,329)	5,182,457
Fidelity Series Long-Term Treasury Bond Index Fund	3,056	26,406,796	1,381,869	375,773	(17,161)	(628,820)	24,382,002
Fidelity Series Real Estate Equity Fund	7,256,365	2,687,541	811,237	414,157	(7,779)	(691,133)	8,433,757
Fidelity Series Real Estate Income Fund	4,463,958	914,426	495,432	289,400	(4,131)	(155,009)	4,723,812
Fidelity Series Short-Term Credit Fund	--	128,160	42,858	11,300	(209)	(30,198)	3,186,925
Fidelity Series Small Cap Opportunities Fund	36,782,095	10,566,067	4,661,899	4,133,108	(21,157)	242,876	42,907,982
	$929,808,713	$308,983,512	$209,501,440	$71,905,836	$11,972,338	$49,404,768	$1,090,664,617

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2050 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $899,202,372)	$1,090,664,617
Total Investment in Securities (cost $899,202,372)		$1,090,664,617
Cash		2
Receivable for investments sold		3,339,342
Receivable for fund shares sold		2,249,466
Total assets		1,096,253,427
Liabilities
Payable for investments purchased	$4,662,713
Payable for fund shares redeemed	925,861
Accrued management fee	682,088
Distribution and service plan fees payable	185,959
Total liabilities		6,456,621
Net Assets		$1,089,796,806
Net Assets consist of:
Paid in capital		$858,386,742
Distributions in excess of net investment income		(898,477)
Accumulated undistributed net realized gain (loss) on investments		40,846,296
Net unrealized appreciation (depreciation) on investments		191,462,245
Net Assets		$1,089,796,806
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($418,312,817 ÷ 34,366,708 shares)		$12.17
Maximum offering price per share (100/94.25 of $12.17)		$12.91
Class M:
Net Asset Value and redemption price per share ($166,633,733 ÷ 13,762,505 shares)		$12.11
Maximum offering price per share (100/96.50 of $12.11)		$12.55
Class C:
Net Asset Value and offering price per share ($32,763,425 ÷ 2,735,389 shares)^(a)		$11.98
Class I:
Net Asset Value, offering price and redemption price per share ($466,676,622 ÷ 38,109,602 shares)		$12.25
Class Z6:
Net Asset Value, offering price and redemption price per share ($5,410,209 ÷ 442,111 shares)		$12.24

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$17,049,759
Income from Fidelity Central Funds		2
Total income		17,049,761
Expenses
Management fee	$6,439,438
Distribution and service plan fees	2,149,608
Independent trustees' fees and expenses	3,699
Total expenses before reductions	8,592,745
Expense reductions	(610)	8,592,135
Net investment income (loss)		8,457,626
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	11,972,338
Realized gain distributions from underlying funds:
Affiliated issuers	54,856,077
Total net realized gain (loss)		66,828,415
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	49,404,768
Total change in net unrealized appreciation (depreciation)		49,404,768
Net gain (loss)		116,233,183
Net increase (decrease) in net assets resulting from operations		$124,690,809

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$8,457,626	$11,091,001
Net realized gain (loss)	66,828,415	15,876,126
Change in net unrealized appreciation (depreciation)	49,404,768	101,221,499
Net increase (decrease) in net assets resulting from operations	124,690,809	128,188,626
Distributions to shareholders from net investment income	(10,251,675)	(11,189,601)
Distributions to shareholders from net realized gain	(34,153,397)	(28,798,024)
Total distributions	(44,405,072)	(39,987,625)
Share transactions - net increase (decrease)	79,870,312	3,772,240
Total increase (decrease) in net assets	160,156,049	91,973,241
Net Assets
Beginning of period	929,640,757	837,667,516
End of period	$1,089,796,806	$929,640,757
Other Information
Distributions in excess of net investment income end of period	$(898,477)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2050 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.20	$10.16	$11.06	$11.24	$10.39
Income from Investment Operations
Net investment income (loss)^A	.09	.13	.13	.15	.12
Net realized and unrealized gain (loss)	1.40	1.39	(.53)	.58	1.40
Total from investment operations	1.49	1.52	(.40)	.73	1.52
Distributions from net investment income	(.12)	(.13)	(.14)	(.16)	(.12)
Distributions from net realized gain	(.40)	(.34)	(.36)	(.76)	(.55)
Total distributions	(.52)	(.48)^B	(.50)	(.91)^C	(.67)
Net asset value, end of period	$12.17	$11.20	$10.16	$11.06	$11.24
Total Return^D,^E	13.42%	15.52%	(3.84)%	6.77%	14.91%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.88%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.88%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.88%	.25%	.25%	.25%	.25%
Net investment income (loss)	.79%	1.22%	1.28%	1.37%	1.10%
Supplemental Data
Net assets, end of period (000 omitted)	$418,313	$396,373	$363,199	$415,103	$401,589
Portfolio turnover rate^G	20%	25%	24%	30%	47%

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

^B Total distributions of $.48 per share is comprised of distributions from net investments income of $.131 and distributions from net realized gain of $.344 per share.

^C Total distributions of $.91 per share is comprised of distributions from net investments income of $.155 and distributions from net realized gain of $.755 per share.

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

^E Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2050 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.15	$10.12	$11.02	$11.20	$10.36
Income from Investment Operations
Net investment income (loss)^A	.06	.10	.11	.12	.09
Net realized and unrealized gain (loss)	1.39	1.38	(.54)	.58	1.39
Total from investment operations	1.45	1.48	(.43)	.70	1.48
Distributions from net investment income	(.10)	(.11)	(.12)	(.13)	(.10)
Distributions from net realized gain	(.40)	(.34)	(.36)	(.76)	(.55)
Total distributions	(.49)^B	(.45)	(.47)^C	(.88)^D	(.64)^E
Net asset value, end of period	$12.11	$11.15	$10.12	$11.02	$11.20
Total Return^F,^G	13.16%	15.22%	(4.08)%	6.54%	14.61%
Ratios to Average Net Assets^H,^I
Expenses before reductions	1.13%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.13%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.13%	.50%	.50%	.50%	.50%
Net investment income (loss)	.54%	.97%	1.04%	1.12%	.85%
Supplemental Data
Net assets, end of period (000 omitted)	$166,634	$147,601	$127,842	$126,987	$115,391
Portfolio turnover rate^I	20%	25%	24%	30%	47%

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

^B Total distributions of $.49 per share is comprised of distributions from net investment income of $.096 and distributions from net realized gain of $.398 per share.

^C Total distributions of $.47 per share is comprised of distributions from net investments income of $.115 and distributions from net realized gain of $.355 per share.

^D Total distributions of $.88 per share is comprised of distributions from net investments income of $.128 and distributions from net realized gain of $.755 per share.

^E Total distributions of $.64 per share is comprised of distributions from net investments income of $.097 and distributions from net realized gain of $.546 per share.

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

^G Total returns do not include the effect of the sales charges.

^I Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2050 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.05	$10.04	$10.95	$11.14	$10.31
Income from Investment Operations
Net investment income (loss)^A	–^B	.05	.06	.07	.04
Net realized and unrealized gain (loss)	1.38	1.37	(.55)	.57	1.38
Total from investment operations	1.38	1.42	(.49)	.64	1.42
Distributions from net investment income	(.06)	(.08)	(.08)	(.09)	(.06)
Distributions from net realized gain	(.39)	(.34)	(.34)	(.74)	(.54)
Total distributions	(.45)	(.41)^C	(.42)	(.83)	(.59)^D
Net asset value, end of period	$11.98	$11.05	$10.04	$10.95	$11.14
Total Return^E,^F	12.59%	14.73%	(4.67)%	6.01%	14.06%
Ratios to Average Net Assets^G,^H
Expenses before reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.63%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.63%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.04%	.47%	.54%	.63%	.35%
Supplemental Data
Net assets, end of period (000 omitted)	$32,763	$28,268	$24,460	$24,652	$21,190
Portfolio turnover rate^H	20%	25%	24%	30%	47%

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

^B Amount represents less than $.005 per share.

^C Total distributions of $.41 per share is comprised of distributions from net investments income of $.075 and distributions from net realized gain of $.339 per share.

^D Total distributions of $.59 per share is comprised of distributions from net investments income of $.056 and distributions from net realized gain of $.536 per share.

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

^F Total returns do not include the effect of the contingent deferred sales charge.

^H Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2050 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$11.27	$10.22	$11.13	$11.30	$10.44
Income from Investment Operations
Net investment income (loss)^A	.12	.16	.16	.18	.15
Net realized and unrealized gain (loss)	1.41	1.39	(.55)	.59	1.40
Total from investment operations	1.53	1.55	(.39)	.77	1.55
Distributions from net investment income	(.14)	(.15)	(.16)	(.18)	(.15)
Distributions from net realized gain	(.41)	(.35)	(.36)	(.76)	(.55)
Total distributions	(.55)	(.50)	(.52)	(.94)	(.69)^B
Net asset value, end of period	$12.25	$11.27	$10.22	$11.13	$11.30
Total Return^C	13.74%	15.81%	(3.65)%	7.10%	15.20%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.64%	- %^F	- %^F	- %^F	- %^F
Expenses net of fee waivers, if any	.64%	-%	-%	-%	-%
Expenses net of all reductions	.64%	-%	-%	-%	-%
Net investment income (loss)	1.03%	1.47%	1.53%	1.62%	1.35%
Supplemental Data
Net assets, end of period (000 omitted)	$466,677	$357,398	$320,449	$303,017	$282,594
Portfolio turnover rate ^E	20%	25%	24%	30%	47%

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

^B Total distributions of $.69 per share is comprised of distributions from net investments income of $.147 and distributions from net realized gain of $.546 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^F Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2050 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$11.59
Income from Investment Operations
Net investment income (loss)^B	.23
Net realized and unrealized gain (loss)	.83
Total from investment operations	1.06
Distributions from net investment income	(.17)
Distributions from net realized gain	(.24)
Total distributions	(.41)
Net asset value, end of period	$12.24
Total Return^C,^D	9.15%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.51%^G,^H
Expenses net of fee waivers, if any	.51%^G,^H
Expenses net of all reductions	.51%^G,^H
Net investment income (loss)	2.27%^G
Supplemental Data
Net assets, end of period (000 omitted)	$5,410
Portfolio turnover rate^F	20%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^F Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2055 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.4
Fidelity Series Emerging Markets Fund	9.1
Fidelity Series International Value Fund	9.0
Fidelity Series International Growth Fund	8.8
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.5
Fidelity Advisor Series Equity Value Fund	7.5
Fidelity Advisor Series Equity Growth Fund	6.5
Fidelity Advisor Series Opportunistic Insights Fund	6.0
Fidelity Series All-Sector Equity Fund	4.4
Fidelity Advisor Series Growth Opportunities Fund	4.2
	74.4

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	62.0%
	International Equity Funds	30.0%
	Bond Funds	6.2%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2055 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 62.0%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	2,609,753	$35,257,766
Fidelity Advisor Series Equity Value Fund (a)	3,256,925	40,711,563
Fidelity Advisor Series Growth & Income Fund (a)	4,156,580	62,431,831
Fidelity Advisor Series Growth Opportunities Fund (a)	1,759,015	23,131,051
Fidelity Advisor Series Opportunistic Insights Fund (a)	1,827,667	32,751,801
Fidelity Advisor Series Small Cap Fund (a)	1,483,187	17,635,097
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	3,283,265	41,106,481
Fidelity Series 100 Index Fund (a)	1,014,771	17,322,149
Fidelity Series 1000 Value Index Fund (a)	552,010	6,806,286
Fidelity Series All-Sector Equity Fund (a)	1,983,572	24,199,576
Fidelity Series Commodity Strategy Fund (a)	2,095,799	11,380,188
Fidelity Series Real Estate Equity Fund (a)	349,839	4,170,084
Fidelity Series Small Cap Opportunities Fund (a)	1,509,278	21,522,309
TOTAL DOMESTIC EQUITY FUNDS
(Cost $305,762,859)		338,426,182

International Equity Funds - 30.0%
Fidelity Series Canada Fund (a)	471,093	4,795,728
Fidelity Series Emerging Markets Fund (a)	2,269,113	49,716,265
Fidelity Series International Growth Fund (a)	2,988,878	48,270,376
Fidelity Series International Small Cap Fund (a)	646,763	12,042,724
Fidelity Series International Value Fund (a)	4,631,107	48,858,175
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $137,283,458)		163,683,268

Bond Funds - 6.2%
Fidelity Series Emerging Markets Debt Fund (a)	342,747	3,454,885
Fidelity Series Floating Rate High Income Fund (a)	129,608	1,232,572
Fidelity Series High Income Fund (a)	798,770	7,612,274
Fidelity Series Inflation-Protected Bond Index Fund (a)	450,727	4,372,056
Fidelity Series International Credit Fund (a)	23,147	229,849
Fidelity Series Investment Grade Bond Fund (a)	235,461	2,594,775
Fidelity Series Long-Term Treasury Bond Index Fund (a)	1,426,316	12,223,528
Fidelity Series Real Estate Income Fund (a)	219,435	2,352,341
TOTAL BOND FUNDS
(Cost $34,582,890)		34,072,280

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	8,792,437	8,792,437
Fidelity Series Short-Term Credit Fund (a)	162,941	1,606,596
TOTAL SHORT-TERM FUNDS
(Cost $10,414,159)		10,399,033
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $488,043,366)		546,580,763
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(422,481)
NET ASSETS - 100%		$546,158,282

Legend

(a) Affiliated Fund

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

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$26,621,622	$12,937,073	$6,328,510	$4,988,119	$170,496	$1,857,085	$35,257,766
Fidelity Advisor Series Equity Value Fund	47,287,802	14,857,220	19,601,584(a)	3,706,764	550,646	(2,382,521)	40,711,563
Fidelity Advisor Series Growth & Income Fund	32,766,556	33,904,656(a)	5,637,346	3,085,528	1,277	1,396,688	62,431,831
Fidelity Advisor Series Growth Opportunities Fund	17,540,956	7,202,933	4,084,261	2,006,578	144,778	2,326,645	23,131,051
Fidelity Advisor Series Opportunistic Insights Fund	24,747,674	11,627,925	6,141,252	4,341,682	191,100	2,326,354	32,751,801
Fidelity Advisor Series Short-Term Credit Fund	911,479	720,120	93,513	16,117	(55)	(322)	--
Fidelity Advisor Series Small Cap Fund	13,158,231	5,487,315	1,598,484	1,056,011	7,928	580,107	17,635,097
Fidelity Advisor Series Stock Selector Large Cap Value Fund	31,395,884	14,437,582	3,252,807	3,212,449	44,979	(1,519,157)	41,106,481
Fidelity Series 100 Index Fund	13,600,249	4,121,631	1,919,394	347,528	13,366	1,506,297	17,322,149
Fidelity Series 1000 Value Index Fund	5,274,288	1,943,408	529,448	265,689	(645)	118,683	6,806,286
Fidelity Series All-Sector Equity Fund	18,447,051	8,738,068	2,408,404	3,263,872	24,594	(601,733)	24,199,576
Fidelity Series Canada Fund	--	5,138,898	282,687	49,393	(2,934)	(57,549)	4,795,728
Fidelity Series Commodity Strategy Fund	6,879,499	4,895,008	750,542	53,707	1,620	354,603	11,380,188
Fidelity Series Emerging Markets Debt Fund	2,792,749	950,205	232,535	222,691	45	(55,579)	3,454,885
Fidelity Series Emerging Markets Fund	40,375,881	11,947,914	11,883,724	1,314,913	699,658	8,576,536	49,716,265
Fidelity Series Floating Rate High Income Fund	973,225	357,367	96,870	54,262	(18)	(1,132)	1,232,572
Fidelity Series Government Money Market Fund 1.67%	2,842,030	6,308,035	357,628	55,078	--	--	8,792,437
Fidelity Series High Income Fund	6,105,377	2,121,413	539,221	426,802	(106)	(75,189)	7,612,274
Fidelity Series Inflation-Protected Bond Index Fund	3,297,517	1,446,633	302,218	83,949	(688)	(69,188)	4,372,056
Fidelity Series International Credit Fund	--	231,461	--	2,833	--	(116)	229,849
Fidelity Series International Growth Fund	38,016,091	12,449,538	8,165,311	1,417,557	80,500	5,889,558	48,270,376
Fidelity Series International Small Cap Fund	8,686,160	3,287,337	1,906,338	671,121	48,572	1,926,993	12,042,724
Fidelity Series International Value Fund	38,115,728	13,541,453	6,153,701	1,415,851	128,735	3,225,960	48,858,175
Fidelity Series Investment Grade Bond Fund	1,899,804	1,685,044	955,920	67,258	4,141	(38,294)	2,594,775
Fidelity Series Long-Term Treasury Bond Index Fund	1,306	13,124,577	590,941	181,208	(7,474)	(303,940)	12,223,528
Fidelity Series Real Estate Equity Fund	3,142,917	1,663,616	295,567	196,715	(524)	(340,358)	4,170,084
Fidelity Series Real Estate Income Fund	1,908,595	705,138	182,353	135,052	(719)	(78,320)	2,352,341
Fidelity Series Short-Term Credit Fund	--	101,276	17,199	5,612	(65)	(15,125)	1,606,596
Fidelity Series Small Cap Opportunities Fund	15,931,253	7,256,073	1,781,612	1,956,903	(13,468)	130,063	21,522,309
	$402,719,924	$203,188,917	$86,089,370	$34,601,242	$2,085,739	$24,677,049	$546,580,763

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2055 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $488,043,366)	$546,580,763
Total Investment in Securities (cost $488,043,366)		$546,580,763
Receivable for investments sold		1,545,015
Receivable for fund shares sold		1,965,317
Total assets		550,091,095
Liabilities
Payable for investments purchased	$3,330,511
Payable for fund shares redeemed	179,774
Accrued management fee	339,051
Distribution and service plan fees payable	83,477
Total liabilities		3,932,813
Net Assets		$546,158,282
Net Assets consist of:
Paid in capital		$469,213,143
Distributions in excess of net investment income		(451,800)
Accumulated undistributed net realized gain (loss) on investments		18,859,542
Net unrealized appreciation (depreciation) on investments		58,537,397
Net Assets		$546,158,282
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($209,823,990 ÷ 15,688,639 shares)		$13.37
Maximum offering price per share (100/94.25 of $13.37)		$14.19
Class M:
Net Asset Value and redemption price per share ($73,100,908 ÷ 5,491,698 shares)		$13.31
Maximum offering price per share (100/96.50 of $13.31)		$13.79
Class C:
Net Asset Value and offering price per share ($10,684,511 ÷ 805,937 shares)^(a)		$13.26
Class I:
Net Asset Value, offering price and redemption price per share ($249,432,478 ÷ 18,578,466 shares)		$13.43
Class Z6:
Net Asset Value, offering price and redemption price per share ($3,116,395 ÷ 232,282 shares)		$13.42

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$8,160,733
Expenses
Management fee	$3,064,994
Distribution and service plan fees	921,767
Independent trustees' fees and expenses	1,719
Total expenses before reductions	3,988,480
Expense reductions	(264)	3,988,216
Net investment income (loss)		4,172,517
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	2,085,739
Realized gain distributions from underlying funds:
Affiliated issuers	26,440,509
Total net realized gain (loss)		28,526,248
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	24,677,049
Total change in net unrealized appreciation (depreciation)		24,677,049
Net gain (loss)		53,203,297
Net increase (decrease) in net assets resulting from operations		$57,375,814

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$4,172,517	$4,545,316
Net realized gain (loss)	28,526,248	5,298,677
Change in net unrealized appreciation (depreciation)	24,677,049	41,715,023
Net increase (decrease) in net assets resulting from operations	57,375,814	51,559,016
Distributions to shareholders from net investment income	(5,050,072)	(4,567,082)
Distributions to shareholders from net realized gain	(11,461,480)	(9,571,484)
Total distributions	(16,511,552)	(14,138,566)
Share transactions - net increase (decrease)	102,640,679	67,699,971
Total increase (decrease) in net assets	143,504,941	105,120,421
Net Assets
Beginning of period	402,653,341	297,532,920
End of period	$546,158,282	$402,653,341
Other Information
Undistributed net investment income end of period	$–	$14,593
Distributions in excess of net investment income end of period	$(451,800)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2055 Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.19	$11.02	$11.92	$11.71	$10.56
Income from Investment Operations
Net investment income (loss)^A	.11	.14	.15	.16	.12
Net realized and unrealized gain (loss)	1.51	1.51	(.59)	.62	1.49
Total from investment operations	1.62	1.65	(.44)	.78	1.61
Distributions from net investment income	(.13)	(.14)	(.14)	(.15)	(.11)
Distributions from net realized gain	(.32)	(.34)	(.31)	(.42)	(.36)
Total distributions	(.44)^B	(.48)	(.46)^C	(.57)	(.46)^D
Net asset value, end of period	$13.37	$12.19	$11.02	$11.92	$11.71
Total Return^E,^F	13.40%	15.49%	(3.89)%	6.85%	15.45%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.88%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.88%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.88%	.25%	.25%	.25%	.25%
Net investment income (loss)	.81%	1.24%	1.31%	1.39%	1.11%
Supplemental Data
Net assets, end of period (000 omitted)	$209,824	$170,352	$130,309	$115,666	$81,217
Portfolio turnover rate^H	18%	24%	24%	29%	43%

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

^B Total distributions of $.44 per share is comprised of distributions from net investment income of $.125 and distributions from net realized gain of $.317 per share.

^C Total distributions of $.46 per share is comprised of distributions from net investment income of $.141 and distributions from net realized gain of $.314 per share.

^D Total distributions of $.46 per share is comprised of distributions from net investment income of $.106 and distributions from net realized gain of $.355 per share.

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

^F Total returns do not include the effect of the sales charges.

^H Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2055 Fund Class M

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.14	$10.98	$11.88	$11.68	$10.55
Income from Investment Operations
Net investment income (loss)^A	.07	.11	.12	.13	.10
Net realized and unrealized gain (loss)	1.52	1.51	(.59)	.62	1.47
Total from investment operations	1.59	1.62	(.47)	.75	1.57
Distributions from net investment income	(.11)	(.12)	(.12)	(.13)	(.09)
Distributions from net realized gain	(.31)	(.34)	(.31)	(.42)	(.36)
Total distributions	(.42)	(.46)	(.43)	(.55)	(.44)^B
Net asset value, end of period	$13.31	$12.14	$10.98	$11.88	$11.68
Total Return^C,^D	13.15%	15.27%	(4.11)%	6.55%	15.07%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.14%	.50%	.50%	.50%	.50%
Expenses net of fee waivers, if any	1.14%	.50%	.50%	.50%	.50%
Expenses net of all reductions	1.14%	.50%	.50%	.50%	.50%
Net investment income (loss)	.56%	.99%	1.06%	1.14%	.86%
Supplemental Data
Net assets, end of period (000 omitted)	$73,101	$58,052	$41,956	$33,436	$19,134
Portfolio turnover rate^F	18%	24%	24%	29%	43%

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

^B Total distributions of $.44 per share is comprised of distributions from net investment income of $.086 and distributions from net realized gain of $.355 per share.

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

^D Total returns do not include the effect of the sales charges.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2055 Fund Class C

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.11	$10.98	$11.88	$11.69	$10.57
Income from Investment Operations
Net investment income (loss)^A	.01	.06	.06	.08	.04
Net realized and unrealized gain (loss)	1.51	1.49	(.58)	.61	1.47
Total from investment operations	1.52	1.55	(.52)	.69	1.51
Distributions from net investment income	(.06)	(.08)	(.08)	(.09)	(.05)
Distributions from net realized gain	(.31)	(.34)	(.30)	(.41)	(.35)
Total distributions	(.37)	(.42)	(.38)	(.50)	(.39)^B
Net asset value, end of period	$13.26	$12.11	$10.98	$11.88	$11.69
Total Return^C,^D	12.62%	14.62%	(4.53)%	6.01%	14.46%
Ratios to Average Net Assets^E,^F
Expenses before reductions	1.64%	1.00%	1.00%	1.00%	1.00%
Expenses net of fee waivers, if any	1.64%	1.00%	1.00%	1.00%	1.00%
Expenses net of all reductions	1.64%	1.00%	1.00%	1.00%	1.00%
Net investment income (loss)	.05%	.49%	.56%	.65%	.36%
Supplemental Data
Net assets, end of period (000 omitted)	$10,685	$8,529	$5,671	$4,180	$2,491
Portfolio turnover rate^F	18%	24%	24%	29%	43%

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

^B Total distributions of $.39 per share is comprised of distributions from net investment income of $.048 and distributions from net realized gain of $.345 per share.

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

^D Total returns do not include the effect of the contingent deferred sales charge.

^F Amounts do not include the activity of the Underlying Funds.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2055 Fund Class I

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$12.24	$11.06	$11.96	$11.74	$10.59
Income from Investment Operations
Net investment income (loss)^A	.14	.17	.18	.19	.15
Net realized and unrealized gain (loss)	1.53	1.51	(.60)	.63	1.48
Total from investment operations	1.67	1.68	(.42)	.82	1.63
Distributions from net investment income	(.16)	(.16)	(.17)	(.18)	(.13)
Distributions from net realized gain	(.32)	(.34)	(.31)	(.42)	(.36)
Total distributions	(.48)	(.50)	(.48)	(.60)	(.48)^B
Net asset value, end of period	$13.43	$12.24	$11.06	$11.96	$11.74
Total Return^C	13.74%	15.81%	(3.64)%	7.15%	15.61%
Ratios to Average Net Assets^D,^E
Expenses before reductions	.64%	- %^F	- %^F	- %^F	- %^F
Expenses net of fee waivers, if any	.64%	-%	-%	-%	-%
Expenses net of all reductions	.64%	-%	-%	-%	-%
Net investment income (loss)	1.05%	1.49%	1.56%	1.64%	1.36%
Supplemental Data
Net assets, end of period (000 omitted)	$249,432	$165,720	$119,597	$87,769	$54,490
Portfolio turnover rate^E	18%	24%	24%	29%	43%

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

^B Total distributions of $.48 per share is comprised of distributions from net investment income of $.127 and distributions from net realized gain of $.355 per share.

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

^E Amounts do not include the activity of the Underlying Funds.

^F Amount represents less than .005%.

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2055 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$12.63
Income from Investment Operations
Net investment income (loss)^B	.47
Net realized and unrealized gain (loss)	.69
Total from investment operations	1.16
Distributions from net investment income	(.19)
Distributions from net realized gain	(.18)
Total distributions	(.37)
Net asset value, end of period	$13.42
Total Return^C,^D	9.16%
Ratios to Average Net Assets^E,^F
Expenses before reductions	.50%^G,^H
Expenses net of fee waivers, if any	.50%^G,^H
Expenses net of all reductions	.50%^G,^H
Net investment income (loss)	4.26%^G
Supplemental Data
Net assets, end of period (000 omitted)	$3,116
Portfolio turnover rate^F	18%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

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

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

^F Amounts do not include the activity of the Underlying Funds.

^G Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2060 Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Advisor Series Growth & Income Fund	11.5
Fidelity Series Emerging Markets Fund	9.1
Fidelity Series International Value Fund	9.0
Fidelity Series International Growth Fund	8.8
Fidelity Advisor Series Stock Selector Large Cap Value Fund	7.5
Fidelity Advisor Series Equity Value Fund	7.5
Fidelity Advisor Series Equity Growth Fund	6.5
Fidelity Advisor Series Opportunistic Insights Fund	6.0
Fidelity Series All-Sector Equity Fund	4.4
Fidelity Advisor Series Growth Opportunities Fund	4.2
	74.5

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	62.0%
	International Equity Funds	30.0%
	Bond Funds	6.2%
	Short-Term Funds	1.9%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® 2060 Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

Domestic Equity Funds - 62.0%
	Shares	Value
Fidelity Advisor Series Equity Growth Fund (a)	465,480	$6,288,635
Fidelity Advisor Series Equity Value Fund (a)	582,405	7,280,061
Fidelity Advisor Series Growth & Income Fund (a)	743,413	11,166,059
Fidelity Advisor Series Growth Opportunities Fund (a)	313,617	4,124,065
Fidelity Advisor Series Opportunistic Insights Fund (a)	325,600	5,834,760
Fidelity Advisor Series Small Cap Fund (a)	264,669	3,146,914
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	587,244	7,352,294
Fidelity Series 100 Index Fund (a)	178,607	3,048,825
Fidelity Series 1000 Value Index Fund (a)	98,982	1,220,452
Fidelity Series All-Sector Equity Fund (a)	354,216	4,321,439
Fidelity Series Commodity Strategy Fund (a)	374,475	2,033,402
Fidelity Series Real Estate Equity Fund (a)	61,281	730,473
Fidelity Series Small Cap Opportunities Fund (a)	268,544	3,829,440
TOTAL DOMESTIC EQUITY FUNDS
(Cost $58,009,383)		60,376,819

International Equity Funds - 30.0%
Fidelity Series Canada Fund (a)	84,169	856,840
Fidelity Series Emerging Markets Fund (a)	404,435	8,861,174
Fidelity Series International Growth Fund (a)	533,203	8,611,222
Fidelity Series International Small Cap Fund (a)	115,357	2,147,956
Fidelity Series International Value Fund (a)	826,760	8,722,314
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $25,806,401)		29,199,506

Bond Funds - 6.2%
Fidelity Series Emerging Markets Debt Fund (a)	57,780	582,422
Fidelity Series Floating Rate High Income Fund (a)	24,403	232,073
Fidelity Series High Income Fund (a)	141,764	1,351,010
Fidelity Series Inflation-Protected Bond Index Fund (a)	81,517	790,717
Fidelity Series International Credit Fund (a)	3,080	30,588
Fidelity Series Investment Grade Bond Fund (a)	41,969	462,499
Fidelity Series Long-Term Treasury Bond Index Fund (a)	255,441	2,189,125
Fidelity Series Real Estate Income Fund (a)	39,909	427,825
TOTAL BOND FUNDS
(Cost $6,109,695)		6,066,259

Short-Term Funds - 1.9%
Fidelity Series Government Money Market Fund 1.67% (a)(b)	1,561,672	1,561,672
Fidelity Series Short-Term Credit Fund (a)	30,019	295,984
TOTAL SHORT-TERM FUNDS
(Cost $1,860,301)		1,857,656
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $91,785,780)		97,500,240
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(74,104)
NET ASSETS - 100%		$97,426,136

Legend

(a) Affiliated Fund

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

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$2,883,602	$4,052,223	$826,561	$769,798	$(12,819)	$192,190	$6,288,635
Fidelity Advisor Series Equity Value Fund	5,120,357	4,923,960	2,427,158(a)	561,471	23,359	(360,457)	7,280,061
Fidelity Advisor Series Growth & Income Fund	3,548,790	8,350,509(a)	855,898	442,962	(6,174)	128,832	11,166,059
Fidelity Advisor Series Growth Opportunities Fund	1,900,912	2,460,624	536,450	309,671	4,002	294,977	4,124,065
Fidelity Advisor Series Opportunistic Insights Fund	2,656,409	3,723,690	810,939	679,652	(909)	266,509	5,834,760
Fidelity Advisor Series Short-Term Credit Fund	94,907	177,714	12,000	2,355	(26)	(30)	--
Fidelity Advisor Series Small Cap Fund	1,426,823	1,886,393	226,615	162,970	(231)	60,544	3,146,914
Fidelity Advisor Series Stock Selector Large Cap Value Fund	3,400,620	4,742,646	492,872	508,764	2,588	(300,688)	7,352,294
Fidelity Series 100 Index Fund	1,471,465	1,643,840	256,185	53,634	(412)	190,117	3,048,825
Fidelity Series 1000 Value Index Fund	570,779	723,002	79,986	41,393	(508)	7,165	1,220,452
Fidelity Series All-Sector Equity Fund	1,995,788	2,822,988	333,092	522,329	3,852	(168,097)	4,321,439
Fidelity Series Canada Fund	--	930,143	56,795	7,595	(898)	(15,610)	856,840
Fidelity Series Commodity Strategy Fund	784,071	1,306,724	115,007	8,036	218	57,396	2,033,402
Fidelity Series Emerging Markets Debt Fund	287,447	339,967	34,561	30,578	(19)	(10,412)	582,422
Fidelity Series Emerging Markets Fund	4,363,146	4,720,291	1,448,770	203,061	15,142	1,211,365	8,861,174
Fidelity Series Floating Rate High Income Fund	109,403	137,229	14,397	8,320	12	(174)	232,073
Fidelity Series Government Money Market Fund 1.67%	292,135	1,324,294	54,757	8,440	--	--	1,561,672
Fidelity Series High Income Fund	663,148	781,937	77,406	62,742	(2)	(16,667)	1,351,010
Fidelity Series Inflation-Protected Bond Index Fund	358,487	489,409	46,067	13,121	(263)	(10,849)	790,717
Fidelity Series International Credit Fund	--	30,802	--	375	--	(15)	30,588
Fidelity Series International Growth Fund	4,113,503	4,861,150	1,093,868	218,767	(1,348)	731,785	8,611,222
Fidelity Series International Small Cap Fund	939,884	1,211,484	264,926	103,573	2,884	258,630	2,147,956
Fidelity Series International Value Fund	4,124,240	5,099,263	866,931	218,728	14,086	351,656	8,722,314
Fidelity Series Investment Grade Bond Fund	202,814	411,843	145,434	9,964	(406)	(6,318)	462,499
Fidelity Series Long-Term Treasury Bond Index Fund	177	2,345,088	107,439	28,436	(1,945)	(46,756)	2,189,125
Fidelity Series Real Estate Equity Fund	340,128	489,680	43,325	29,088	(1,612)	(54,398)	730,473
Fidelity Series Real Estate Income Fund	206,491	262,056	27,080	19,691	(221)	(13,421)	427,825
Fidelity Series Short-Term Credit Fund	--	42,188	4,104	991	(21)	(2,644)	295,984
Fidelity Series Small Cap Opportunities Fund	1,724,001	2,347,270	260,007	287,704	(3,204)	21,380	3,829,440
	$43,579,527	$62,638,407	$11,518,630	$5,314,209	$35,125	$2,766,010	$97,500,240

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® 2060 Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule:
Affiliated issuers (cost $91,785,780)	$97,500,240
Total Investment in Securities (cost $91,785,780)		$97,500,240
Cash		12
Receivable for investments sold		220,255
Receivable for fund shares sold		768,898
Total assets		98,489,405
Liabilities
Payable for investments purchased	$977,438
Payable for fund shares redeemed	11,667
Accrued management fee	59,083
Distribution and service plan fees payable	15,081
Total liabilities		1,063,269
Net Assets		$97,426,136
Net Assets consist of:
Paid in capital		$88,925,153
Distributions in excess of net investment income		(92,114)
Accumulated undistributed net realized gain (loss) on investments		2,878,637
Net unrealized appreciation (depreciation) on investments		5,714,460
Net Assets		$97,426,136
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($37,879,770 ÷ 3,193,879 shares)		$11.86
Maximum offering price per share (100/94.25 of $11.86)		$12.58
Class M:
Net Asset Value and redemption price per share ($12,628,057 ÷ 1,065,351 shares)		$11.85
Maximum offering price per share (100/96.50 of $11.85)		$12.28
Class C:
Net Asset Value and offering price per share ($2,603,705 ÷ 219,288 shares)^(a)		$11.87
Class I:
Net Asset Value, offering price and redemption price per share ($43,512,673 ÷ 3,656,353 shares)		$11.90
Class Z6:
Net Asset Value, offering price and redemption price per share ($801,931 ÷ 67,396 shares)		$11.90

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$1,232,254
Expenses
Management fee	$462,588
Distribution and service plan fees	137,175
Independent trustees' fees and expenses	240
Total expenses before reductions	600,003
Expense reductions	(29)	599,974
Net investment income (loss)		632,280
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	35,125
Realized gain distributions from underlying funds:
Affiliated issuers	4,081,955
Total net realized gain (loss)		4,117,080
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Other affiliated issuers	2,766,010
Total change in net unrealized appreciation (depreciation)		2,766,010
Net gain (loss)		6,883,090
Net increase (decrease) in net assets resulting from operations		$7,515,370

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$632,280	$374,796
Net realized gain (loss)	4,117,080	652,819
Change in net unrealized appreciation (depreciation)	2,766,010	3,248,213
Net increase (decrease) in net assets resulting from operations	7,515,370	4,275,828
Distributions to shareholders from net investment income	(781,225)	(374,733)
Distributions to shareholders from net realized gain	(1,302,479)	(451,681)
Total distributions	(2,083,704)	(826,414)
Share transactions - net increase (decrease)	48,422,056	20,738,778
Total increase (decrease) in net assets	53,853,722	24,188,192
Net Assets
Beginning of period	43,572,414	19,384,222
End of period	$97,426,136	$43,572,414
Other Information
Undistributed net investment income end of period	$–	$1,063
Distributions in excess of net investment income end of period	$(92,114)	$–

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom 2060 Fund Class A

Years ended March 31,	2018	2017	2016	2015 ^A
Selected Per–Share Data
Net asset value, beginning of period	$10.76	$9.62	$10.34	$10.00
Income from Investment Operations
Net investment income (loss)^B	.10	.13	.12	.15
Net realized and unrealized gain (loss)	1.34	1.33	(.51)	.37
Total from investment operations	1.44	1.46	(.39)	.52
Distributions from net investment income	(.11)	(.12)	(.11)	(.10)
Distributions from net realized gain	(.23)	(.20)	(.22)	(.08)
Total distributions	(.34)	(.32)	(.33)	(.18)
Net asset value, end of period	$11.86	$10.76	$9.62	$10.34
Total Return^C,^D,^E	13.44%	15.55%	(3.89)%	5.24%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.91%	.25%	.25%	.25%^H
Expenses net of fee waivers, if any	.91%	.25%	.25%	.25%^H
Expenses net of all reductions	.91%	.25%	.25%	.25%^H
Net investment income (loss)	.84%	1.30%	1.29%	2.24%^H
Supplemental Data
Net assets, end of period (000 omitted)	$37,880	$18,482	$9,058	$2,267
Portfolio turnover rate^G	16%	32%	64%	47%^H

^A For the period August 5, 2014 (commencement of operations) to March 31, 2015.

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

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

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

^E Total returns do not include the effect of the sales charges.

^G Amounts do not include the activity of the Underlying Funds.

^H Annualized

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2060 Fund Class M

Years ended March 31,	2018	2017	2016	2015 ^A
Selected Per–Share Data
Net asset value, beginning of period	$10.77	$9.63	$10.33	$10.00
Income from Investment Operations
Net investment income (loss)^B	.07	.11	.10	.13
Net realized and unrealized gain (loss)	1.33	1.33	(.51)	.38
Total from investment operations	1.40	1.44	(.41)	.51
Distributions from net investment income	(.10)	(.10)	(.08)	(.09)
Distributions from net realized gain	(.22)	(.20)	(.21)	(.08)
Total distributions	(.32)	(.30)	(.29)	(.18)^C
Net asset value, end of period	$11.85	$10.77	$9.63	$10.33
Total Return^D,^E,^F	13.04%	15.29%	(4.09)%	5.07%
Ratios to Average Net Assets^G,^H
Expenses before reductions	1.16%	.50%	.50%	.51%^I,^J
Expenses net of fee waivers, if any	1.16%	.50%	.50%	.51%^I,^J
Expenses net of all reductions	1.16%	.50%	.50%	.51%^I,^J
Net investment income (loss)	.59%	1.05%	1.04%	1.98%^I
Supplemental Data
Net assets, end of period (000 omitted)	$12,628	$5,719	$3,189	$2,062
Portfolio turnover rate^H	16%	32%	64%	47%^I

^A For the period August 5, 2014 (commencement of operations) to March 31, 2015.

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

^C Total distributions of $.18 per share is comprised of distributions from net investment income of $.094 and distributions from net realized gain of $.081 per share.

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

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

^F Total returns do not include the effect of the sales charges.

^H Amounts do not include the activity of the Underlying Funds.

^I Annualized

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

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2060 Fund Class C

Years ended March 31,	2018	2017	2016	2015 ^A
Selected Per–Share Data
Net asset value, beginning of period	$10.81	$9.68	$10.31	$10.00
Income from Investment Operations
Net investment income (loss)^B	.01	.06	.05	.10
Net realized and unrealized gain (loss)	1.34	1.33	(.51)	.38
Total from investment operations	1.35	1.39	(.46)	.48
Distributions from net investment income	(.07)	(.06)	–	(.08)
Distributions from net realized gain	(.22)	(.20)	(.17)	(.08)
Total distributions	(.29)	(.26)	(.17)	(.17)^C
Net asset value, end of period	$11.87	$10.81	$9.68	$10.31
Total Return^D,^E,^F	12.53%	14.65%	(4.60)%	4.77%
Ratios to Average Net Assets^G,^H
Expenses before reductions	1.66%	1.00%	.99%^I	1.02%^I,^J
Expenses net of fee waivers, if any	1.66%	1.00%	.99%^I	1.02%^I,^J
Expenses net of all reductions	1.66%	1.00%	.99%^I	1.02%^I,^J
Net investment income (loss)	.09%	.55%	.55%	1.47%^J
Supplemental Data
Net assets, end of period (000 omitted)	$2,604	$1,209	$1,292	$1,322
Portfolio turnover rate^H	16%	32%	64%	47%^J

^A For the period August 5, 2014 (commencement of operations) to March 31, 2015.

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

^C Total distributions of $.17 per share is comprised of distributions from net investment income of $.084 and distributions from net realized gain of $.081 per share.

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

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

^F Total returns do not include the effect of the contingent deferred sales charge.

^H Amounts do not include the activity of the Underlying Funds.

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

^J Annualized

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2060 Fund Class I

Years ended March 31,	2018	2017	2016	2015 ^A
Selected Per–Share Data
Net asset value, beginning of period	$10.80	$9.65	$10.35	$10.00
Income from Investment Operations
Net investment income (loss)^B	.13	.16	.15	.17
Net realized and unrealized gain (loss)	1.33	1.33	(.50)	.37
Total from investment operations	1.46	1.49	(.35)	.54
Distributions from net investment income	(.13)	(.13)	(.12)	(.10)
Distributions from net realized gain	(.23)	(.20)	(.23)	(.08)
Total distributions	(.36)	(.34)^C	(.35)	(.19)^D
Net asset value, end of period	$11.90	$10.80	$9.65	$10.35
Total Return^E,^F	13.63%	15.82%	(3.54)%	5.38%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.66%	- %^I	- %^I	- %^I,^J
Expenses net of fee waivers, if any	.66%	-%	-%	- %^J
Expenses net of all reductions	.66%	-%	-%	- %^J
Net investment income (loss)	1.09%	1.55%	1.54%	2.49%^J
Supplemental Data
Net assets, end of period (000 omitted)	$43,513	$18,162	$5,845	$399
Portfolio turnover rate^H	16%	32%	64%	47%^J

^A For the period August 5, 2014 (commencement of operations) to March 31, 2015.

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

^C Total distributions of $.34 per share is comprised of distributions from net investment income of $.132 and distributions from net realized gain of $.204 per share.

^D Total distributions of $.19 per share is comprised of distributions from net investment income of $.104 and distributions from net realized gain of $.081 per share.

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

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

^H Amounts do not include the activity of the Underlying Funds.

^I Amount represents less than .005%.

^J Annualized

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom 2060 Fund Class Z6

Years ended March 31,	2018 ^A
Selected Per–Share Data
Net asset value, beginning of period	$11.16
Income from Investment Operations
Net investment income (loss)^B	.33
Net realized and unrealized gain (loss)	.69
Total from investment operations	1.02
Distributions from net investment income	(.16)
Distributions from net realized gain	(.13)
Total distributions	(.28)^C
Net asset value, end of period	$11.90
Total Return^D,^E	9.14%
Ratios to Average Net Assets^F,^G
Expenses before reductions	.50%^H,^I
Expenses net of fee waivers, if any	.50%^H,^I
Expenses net of all reductions	.50%^H,^I
Net investment income (loss)	3.41%^H
Supplemental Data
Net assets, end of period (000 omitted)	$802
Portfolio turnover rate^G	16%

^A For the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

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

^C Total distributions of $.28 per share is comprised of distributions from net investment income of $.155 and distributions from net realized gain of $.127 per share.

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

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

^G Amounts do not include the activity of the Underlying Funds.

^H Annualized

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

See accompanying notes which are an integral part of the financial statements.

Notes to Financial Statements

For the period ended March 31, 2018

1. Organization.

Fidelity Advisor Freedom Income Fund, Fidelity Advisor Freedom 2005 Fund, Fidelity Advisor Freedom 2010 Fund, Fidelity Advisor Freedom 2015 Fund, Fidelity Advisor Freedom 2020 Fund, Fidelity Advisor Freedom 2025 Fund, Fidelity Advisor Freedom 2030 Fund, Fidelity Advisor Freedom 2035 Fund, Fidelity Advisor Freedom 2040 Fund, Fidelity Advisor Freedom 2045 Fund, Fidelity Advisor Freedom 2050 Fund, Fidelity Advisor Freedom 2055 Fund and Fidelity Advisor Freedom 2060 Fund (the Funds) are funds of Fidelity Aberdeen Street Trust (the Trust). The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Delaware statutory trust. Each Fund is authorized to issue an unlimited number of shares. Each Fund offers Class A, Class M, Class C, Class I and Class Z6 shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. Each Fund commenced sale of Class Z6 on June 6, 2017. The Funds invest primarily in a combination of other Fidelity equity, bond, and short-term funds (the Underlying Funds) managed by Fidelity Management & Research Company (FMR). During the period, one of the Underlying Funds changed its name from Fidelity Advisor Series Equity-Income to Fidelity Advisor Series Equity Value Fund.

After the close of business on June 24, 2016, each Fund's outstanding Class B shares were converted to Class A shares. Each Fund's prior fiscal period dollar and share amounts for Class B presented in the Notes to Financial Statements are for the period April 1, 2016 through June 24, 2016.

2. Investments in Fidelity Central Funds.

The Funds may invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.

A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Funds' Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.

3. Significant Accounting Policies.

Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:

Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of each Fund's investments to the Fair Value Committee (the Committee) established by the each Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing each Fund's investments and ratifies the fair value determinations of the Committee. Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 – quoted prices in active markets for identical investments
Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value each Fund's investments by major category are as follows. Investments in the Underlying Funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy. Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Income and capital gain distributions from the Underlying Funds, if any, are recorded on the ex-dividend date. Distributions from the Underlying Funds that are deemed to be return of capital are recorded as a reduction of cost of investments. Interest income is accrued as earned. Interest income includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.

Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of each Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of each Fund. Each class differs with respect to distribution and service plan fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expenses included in the accompanying financial statements reflect the expenses of each Fund and do not include any expenses associated with the Underlying Funds. Although not included in each Fund's expenses, each Fund indirectly bears its proportionate share of the Underlying Funds' expenses through the impact of these expenses on each Underlying Fund's NAV. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. As of March 31, 2018, each Fund did not have any unrecognized tax benefits in the financial statements; nor is each Fund aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.

Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. These differences resulted in distribution reclassifications.

Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.

Book-tax differences are primarily due to the short-term gain distributions from the Underlying Funds, futures contracts, market discount, and losses deferred due to wash sales and excise tax regulations.

As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:

	Tax cost	Gross unrealized appreciation	Gross unrealized depreciation	Net unrealized appreciation (depreciation)
Advisor Freedom Income	$200,505,645	$15,415,246	$(2,319,567)	$13,095,679
Advisor Freedom 2005	177,358,337	18,715,255	(1,933,002)	16,782,253
Advisor Freedom 2010	425,092,779	54,937,666	(4,111,709)	50,825,957
Advisor Freedom 2015	960,670,055	160,950,800	(10,014,031)	150,936,769
Advisor Freedom 2020	2,160,239,812	372,728,284	(29,030,949)	343,697,335
Advisor Freedom 2025	2,573,456,038	474,979,954	(36,862,188)	438,117,766
Advisor Freedom 2030	2,490,371,935	531,951,631	(26,666,047)	505,285,584
Advisor Freedom 2035	1,943,021,848	471,157,495	(15,785,532)	455,371,963
Advisor Freedom 2040	1,756,856,119	437,395,631	(13,433,461)	423,962,170
Advisor Freedom 2045	1,116,664,168	250,127,108	(8,964,032)	241,163,076
Advisor Freedom 2050	902,080,172	196,092,516	(7,508,071)	188,584,445
Advisor Freedom 2055	489,883,185	62,452,239	(5,754,661)	56,697,578
Advisor Freedom 2060	92,127,480	6,752,321	(1,379,561)	5,372,760

The tax-based components of distributable earnings as of period end were as follows for each Fund:

	Undistributed ordinary income	Undistributed long-term capital gain	Net unrealized appreciation (depreciation) on securities and other investments
Advisor Freedom Income	$392,912	$2,980,354	$13,095,679
Advisor Freedom 2005	613,522	4,543,877	16,782,253
Advisor Freedom 2010	1,262,467	13,222,975	50,825,957
Advisor Freedom 2015	2,844,489	37,701,148	150,936,769
Advisor Freedom 2020	4,929,379	83,567,283	343,697,335
Advisor Freedom 2025	4,280,614	100,899,777	438,117,766
Advisor Freedom 2030	3,438,348	116,604,885	505,285,584
Advisor Freedom 2035	–	102,592,535	455,371,963
Advisor Freedom 2040	–	93,382,389	423,962,170
Advisor Freedom 2045	–	55,771,760	241,163,076
Advisor Freedom 2050	–	43,724,096	188,584,445
Advisor Freedom 2055	–	20,699,360	56,697,578
Advisor Freedom 2060	–	3,220,337	5,372,760

The tax character of distributions paid was as follows:

March 31, 2018
	Ordinary Income	Long-term Capital Gains	Total
Advisor Freedom Income	$3,479,795	$4,575,169	$8,054,964
Advisor Freedom 2005	3,441,596	6,709,249	10,150,845
Advisor Freedom 2010	8,293,057	22,575,387	30,868,444
Advisor Freedom 2015	20,730,129	58,088,151	78,818,280
Advisor Freedom 2020	45,067,657	101,465,148	146,532,805
Advisor Freedom 2025	52,699,296	102,487,190	155,186,486
Advisor Freedom 2030	48,565,136	111,543,730	160,108,866
Advisor Freedom 2035	37,748,798	81,868,954	119,617,752
Advisor Freedom 2040	33,812,317	77,196,866	111,009,183
Advisor Freedom 2045	21,019,495	38,018,542	59,038,037
Advisor Freedom 2050	17,138,592	27,266,480	44,405,072
Advisor Freedom 2055	8,442,111	8,069,441	16,511,552
Advisor Freedom 2060	1,263,393	820,311	2,083,704

March 31, 2017
	Ordinary Income	Long-term Capital Gains	Total
Advisor Freedom Income	$3,782,357	$2,732,978	$6,515,335
Advisor Freedom 2005	3,906,158	4,580,827	8,486,985
Advisor Freedom 2010	9,640,151	15,417,522	25,057,673
Advisor Freedom 2015	20,641,640	38,321,774	58,963,414
Advisor Freedom 2020	41,343,093	73,591,026	114,934,119
Advisor Freedom 2025	45,162,036	83,482,484	128,644,520
Advisor Freedom 2030	40,217,211	91,778,022	131,995,233
Advisor Freedom 2035	28,988,050	73,989,383	102,977,433
Advisor Freedom 2040	27,161,353	69,309,761	96,471,114
Advisor Freedom 2045	15,824,577	37,749,366	53,573,943
Advisor Freedom 2050	12,292,820	27,694,805	39,987,625
Advisor Freedom 2055	4,898,363	9,240,203	14,138,566
Advisor Freedom 2060	413,071	413,343	826,414

4. Derivative Instruments.

Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Funds used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Funds may not achieve their objectives.

The Funds' use of derivatives increased or decreased their exposure to the following risk:

Equity Risk

Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market.

Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin)are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.

Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end.

5. Purchases and Redemptions of Underlying Fund Shares.

Purchases and redemptions of the underlying fund shares and in-kind transactions, other than short-term securities and U.S. government securities, are noted in the table below.

	Purchases ($)	Redemptions ($)
Advisor Freedom Income	46,296,397	59,267,986
Advisor Freedom 2005	41,748,635	63,765,545
Advisor Freedom 2010	101,864,285	150,503,134
Advisor Freedom 2015	218,501,433	366,602,381
Advisor Freedom 2020	513,755,162	677,574,154
Advisor Freedom 2025	678,350,868	706,141,411
Advisor Freedom 2030	735,363,749	726,085,828
Advisor Freedom 2035	594,656,532	546,849,463
Advisor Freedom 2040	519,945,908	492,530,908
Advisor Freedom 2045	359,081,579	271,293,397
Advisor Freedom 2050	308,983,512	209,501,440
Advisor Freedom 2055	203,188,917	86,089,370
Advisor Freedom 2060	62,638,407	11,518,630

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. Effective June 1, 2017, under the management contract approved by the Board of Trustees (the Board) and shareholders, FMR Co., Inc. (the investment adviser), an affiliate of FMR, and its affiliates provide the Funds with investment management related services. Under the management contract, each Class of each Fund pays a monthly management fee that is set at an annual rate by referring to each Fund's target date, indicated by its name, such that the management fee rate applicable to each Class of each Fund is reduced as the fund approaches, and then passes, its target date. In addition, under the management contract, the investment adviser pays all ordinary operating expenses of each Fund, except distribution and service plan fees, fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses. The management fee is reduced by an amount equal to the fees and expenses paid by each Fund to the independent Trustees.

For the period June 1, 2017 (June 6, 2017 for Class Z6) through March 31, 2018, the total annual management fee rate for each Class of each Fund was as follows:

	Annual % of Class-Level Average Net Assets (Classes A, M, C, I)	Annual % of Class-Level Average Net Assets (Class Z6)
Advisor Freedom Income	.465%	.415%
Advisor Freedom 2005	.491%	.435%
Advisor Freedom 2010	.533%	.468%
Advisor Freedom 2015	.576%	.503%
Advisor Freedom 2020	.618%	.538%
Advisor Freedom 2025	.661%	.573%
Advisor Freedom 2030	.703%	.608%
Advisor Freedom 2035	.746%	.643%
Advisor Freedom 2040	.746%	.643%
Advisor Freedom 2045	.746%	.643%
Advisor Freedom 2050	.746%	.643%
Advisor Freedom 2055	.746%	.643%
Advisor Freedom 2060	.746%	.643%

Effective June 6, 2017, under the expense contract approved by the Board, the investment adviser pays class-level expenses for Class Z6 of each Fund as necessary so that Class Z6 total expenses do not exceed certain amounts of Class Z6 average net assets on an annual basis with certain exceptions, as noted in the following table:

	Annual % of Class-Level Average Net Assets (Class Z6)
Advisor Freedom Income	.365%
Advisor Freedom 2005	.377%
Advisor Freedom 2010	.396%
Advisor Freedom 2015	.415%
Advisor Freedom 2020	.435%
Advisor Freedom 2025	.454%
Advisor Freedom 2030	.474%
Advisor Freedom 2035	.493%
Advisor Freedom 2040	.493%
Advisor Freedom 2045	.493%
Advisor Freedom 2050	.493%
Advisor Freedom 2055	.493%
Advisor Freedom 2060	.493%

In addition, the Board and shareholders of each Underlying Fund approved a new management contract, effective June 1, 2017. Under the management contract, each Underlying Fund no longer pays a management fee, and most of each Underlying Fund's ordinary operating expenses are borne by the investment adviser.

Prior to June 1, 2017, the investment adviser provided the Funds with investment management related services. The Funds did not pay any fees for these services.

Other Transactions. The investment adviser has entered into an administration agreement with FMR under which FMR provides management and administrative services (other than investment advisory services) necessary for the operation of each Fund. Pursuant to this agreement, FMR pays all expenses of each Fund, excluding distribution and service plan fees, compensation of the independent Trustees and certain miscellaneous expenses such as proxy and shareholder meeting expenses. FMR also contracts with other Fidelity companies to perform the services necessary for the operation of each Fund. The Funds do not pay any fees for these services.

Distribution and Service Plan Fees. In accordance with Rule 12b-1 of the 1940 Act, each Fund has adopted separate Distribution and Service Plans for each class of shares. Certain classes pay Fidelity Distributors Corporation (FDC), an affiliate of the investment adviser, separate Distribution and Service Fees, each of which is based on an annual percentage of each class' average net assets. In addition, FDC may pay financial intermediaries for selling shares of each Fund and providing shareholder support services. For the period, the Distribution and Service Fee rates, total fees and amounts retained by FDC were as follows:

	Distribution Fee	Service Fee	Total Fees	Retained by FDC
Advisor Freedom Income
Class A	-%	.25%	$203,785	$7,015
Class M	.25%	.25%	191,939	283
Class C	.75%	.25%	140,375	11,989
			$536,099	$19,287
Advisor Freedom 2005
Class A	-%	.25%	$282,815	$14,284
Class M	.25%	.25%	135,632	1,132
Class C	.75%	.25%	55,217	2,008
			$473,664	$17,424
Advisor Freedom 2010
Class A	-%	.25%	$630,258	$31,144
Class M	.25%	.25%	407,824	5,265
Class C	.75%	.25%	281,989	9,821
			$1,320,071	$46,230
Advisor Freedom 2015
Class A	-%	.25%	$1,525,051	$75,749
Class M	.25%	.25%	884,790	6,223
Class C	.75%	.25%	598,744	33,881
			$3,008,585	$115,853
Advisor Freedom 2020
Class A	-%	.25%	$3,184,642	$137,263
Class M	.25%	.25%	1,960,092	17,303
Class C	.75%	.25%	1,026,644	80,691
			$6,171,378	$235,257
Advisor Freedom 2025
Class A	-%	.25%	$3,729,878	$179,599
Class M	.25%	.25%	2,179,664	12,518
Class C	.75%	.25%	1,006,005	103,706
			$6,915,547	$295,823
Advisor Freedom 2030
Class A	-%	.25%	$3,538,506	$159,952
Class M	.25%	.25%	2,274,456	7,180
Class C	.75%	.25%	971,334	105,334
			$6,784,296	$ 272,466
Advisor Freedom 2035
Class A	-%	.25%	$2,802,979	$123,507
Class M	.25%	.25%	1,780,004	10,614
Class C	.75%	.25%	653,661	79,072
			$5,236,644	$213,193
Advisor Freedom 2040
Class A	-%	.25%	$2,429,549	$104,730
Class M	.25%	.25%	1,701,340	6,813
Class C	.75%	.25%	847,041	76,622
			$4,977,930	$188,165
Advisor Freedom 2045
Class A	-%	.25%	$1,430,117	$75,999
Class M	.25%	.25%	1,003,512	6,359
Class C	.75%	.25%	294,539	47,299
			$2,728,168	$129,657
Advisor Freedom 2050
Class A	-%	.25%	$1,038,185	$43,746
Class M	.25%	.25%	799,580	3,138
Class C	.75%	.25%	311,843	46,944
			$2,149,608	$93,828
Advisor Freedom 2055
Class A	-%	.25%	$487,543	$17,722
Class M	.25%	.25%	335,036	869
Class C	.75%	.25%	99,188	25,404
			$921,767	$43,995
Advisor Freedom 2060
Class A	-%	.25%	$71,934	$3,344
Class M	.25%	.25%	47,052	–
Class C	.75%	.25%	18,189	9,265
			$137,175	$12,609

Sales Load. FDC may receive a front-end sales charge of up to 5.75% for selling Class A shares and 3.50% for selling Class M shares, some of which is paid to financial intermediaries for selling shares of each Fund. Depending on the holding period, FDC may receive contingent deferred sales charges levied on Class A, Class M and Class C redemptions. The deferred sales charges are 1.00% for Class C shares, 1.00% for certain purchases of Class A shares and .25% for certain purchases of Class M shares. For the period, sales charge amounts retained by FDC were as follows:

	Retained by FDC
Advisor Freedom Income
Class A	$11,024
Class M	1,443
Class C^(a)	1,594
	$14,061
Advisor Freedom 2005
Class A	$1,357
Class M	646
Class C^(a)	561
	$2,564
Advisor Freedom 2010
Class A	$7,714
Class M	1,797
Class C^(a)	1,403
	$10,914
Advisor Freedom 2015
Class A	$16,996
Class M	8,705
Class C^(a)	4,507
	$30,208
Advisor Freedom 2020
Class A	$52,281
Class M	20,115
Class C^(a)	10,107
	$82,503
Advisor Freedom 2025
Class A	$80,322
Class M	32,686
Class C^(a)	8,636
	$121,644
Advisor Freedom 2030
Class A	$92,521
Class M	31,956
Class C^(a)	11,018
	$135,495
Advisor Freedom 2035
Class A	$74,181
Class M	29,665
Class C^(a)	10,459
	$114,305
Advisor Freedom 2040
Class A	$86,433
Class M	25,729
Class C^(a)	12,212
	$124,374
Advisor Freedom 2045
Class A	$55,066
Class M	19,331
Class C^(a)	8,801
	$83,198
Advisor Freedom 2050
Class A	$53,201
Class M	13,792
Class C^(a)	6,448
	$73,441
Advisor Freedom 2055
Class A	$30,685
Class M	10,593
Class C^(a)	3,439
	$44,717
Advisor Freedom 2060
Class M	$–
Class C^(a)	707
	$707

(a) When Class C shares are initially sold, FDC pays commissions from its own resources to financial intermediaries through which the sales are made.

Reallocation of Underlying Fund Investments. During the period, the investment adviser reallocated investments of the Funds. This involved taxable redemptions of the Funds' interest in Fidelity Advisor Series Equity Value Fund ("selected Underlying Fund") for investments and cash and non-taxable exchanges of those investments and cash for shares of Fidelity Advisor Series Growth & Income Fund which is an affiliated investment company managed by FMR. Net realized gain (loss) on the redemptions of the selected Underlying Fund in connection with the reallocation is included in the accompanying Statements of Operations as "Net realized gain (loss) on Affiliated issuers."

Details of these transactions with the related net gain (loss) for the Funds are presented in the accompanying table:

	Value of Investments and Cash reallocated	Net realized Gain (Loss) on redemptions of selected Underlying Funds
Advisor Freedom Income	$1,835,460	$263,976
Advisor Freedom 2005	2,600,106	473,487
Advisor Freedom 2010	8,110,167	1,996,669
Advisor Freedom 2015	23,603,334	4,562,791
Advisor Freedom 2020	57,172,267	5,489,085
Advisor Freedom 2025	73,263,952	6,487,561
Advisor Freedom 2030	87,711,735	7,386,714
Advisor Freedom 2035	79,733,333	5,964,782
Advisor Freedom 2040	74,045,368	5,798,888
Advisor Freedom 2045	44,156,583	3,196,466
Advisor Freedom 2050	34,515,108	2,535,731
Advisor Freedom 2055	15,452,315	540,986
Advisor Freedom 2060	1,885,573	23,858

7. Expense Reductions.

Prior to June 1, 2017, FMR voluntarily agreed to reimburse funds to the extent annual operating expenses exceeded certain levels of average net assets as noted in the table below. Some expenses, for example interest expense, were excluded from this reimbursement. Effective June 1, 2017, these voluntary reimbursements were discontinued.

The following classes of each applicable Fund were in reimbursement during the period:

	Expense Limitations	Reimbursement
Advisor Freedom Income
Class A	.25%	$56
Class M	.50%	26
Class C	1.00%	9
Class I	–%	55
Advisor Freedom 2005
Class A	.25%	$77
Class M	.50%	18
Class C	1.00%	4
Class I	–%	39
Advisor Freedom 2010
Class A	.25%	$173
Class M	.50%	54
Class C	1.00%	19
Class I	–%	88
Advisor Freedom 2015
Class A	.25%	$420
Class M	.50%	119
Class C	1.00%	41
Class I	–%	215
Advisor Freedom 2020
Class A	.25%	$852
Class M	.50%	260
Class C	1.00%	67
Class I	–%	499
Advisor Freedom 2025
Class A	.25%	$968
Class M	.50%	278
Class C	1.00%	65
Class I	–%	594
Advisor Freedom 2030
Class A	.25%	$912
Class M	.50%	289
Class C	1.00%	62
Class I	–%	593
Advisor Freedom 2035
Class A	.25%	$716
Class M	.50%	221
Class C	1.00%	41
Class I	–%	470
Advisor Freedom 2040
Class A	.25%	$621
Class M	.50%	213
Class C	1.00%	53
Class I	-%	439
Advisor Freedom 2045
Class A	.25%	$356
Class M	.50%	123
Class C	1.00%	18
Class I	–%	285
Advisor Freedom 2050
Class A	.25%	$255
Class M	.50%	96
Class C	1.00%	19
Class I	–%	240
Advisor Freedom 2055
Class A	.25%	$110
Class M	.50%	37
Class C	1.00%	6
Class I	–%	111
Advisor Freedom 2060
Class A	.25%	$12
Class M	.50%	4
Class C	1.00%	1
Class I	–%	12

In addition, through arrangements with each applicable Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce each applicable Fund's management fee. During the period, these credits reduced management fee by the following amounts:

Advisor Freedom Income	$7
Advisor Freedom 2005	1
Advisor Freedom 2010	3
Advisor Freedom 2015	1
Advisor Freedom 2020	18
Advisor Freedom 2025	49
Advisor Freedom 2030	5
Advisor Freedom 2035	6
Advisor Freedom 2040	8
Advisor Freedom 2045	6
Advisor Freedom 2050	-
Advisor Freedom 2055	-
Advisor Freedom 2060	-

8. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended March 31, 2018^(a)	Year ended March 31, 2017
Advisor Freedom Income
From net investment income
Class A	$1,099,143	$1,396,856
Class M	434,009	493,459
Class B	–	527
Class C	84,788	113,110
Class I	1,334,162	1,403,708
Class Z6	14,910	–
Total	$2,967,012	$3,407,660
From net realized gain
Class A	$1,878,730	$1,266,025
Class M	905,373	548,704
Class B	–	4,869
Class C	326,433	195,946
Class I	1,957,623	1,092,131
Class Z6	19,793	–
Total	$5,087,952	$3,107,675
Advisor Freedom 2005
From net investment income
Class A	$1,499,668	$1,973,197
Class M	314,597	385,893
Class B	–	184
Class C	29,260	51,825
Class I	965,073	1,130,500
Class Z6	3,311	–
Total	$2,811,909	$3,541,599
From net realized gain
Class A	$4,027,753	$2,829,723
Class M	991,902	631,717
Class B	–	4,475
Class C	192,899	134,120
Class I	2,120,987	1,345,351
Class Z6	5,395	–
Total	$7,338,936	$4,945,386
Advisor Freedom 2010
From net investment income
Class A	$3,281,846	$4,477,860
Class M	928,807	1,130,843
Class B	–	85
Class C	171,747	252,508
Class I	2,274,695	2,427,938
Class Z6	5,012	–
Total	$6,662,107	$8,289,234
From net realized gain
Class A	$12,108,352	$9,091,246
Class M	4,030,464	2,666,131
Class B	–	18,204
Class C	1,392,028	905,318
Class I	6,664,800	4,087,540
Class Z6	10,693	–
Total	$24,206,337	$16,768,439
Advisor Freedom 2015
From net investment income
Class A	$7,973,130	$10,387,191
Class M	1,948,902	2,380,290
Class C	332,783	497,030
Class I	5,348,653	5,952,820
Class Z6	43,354	–
Total	$15,646,822	$19,217,331
From net realized gain
Class A	$32,654,337	$21,478,534
Class M	9,539,452	5,718,301
Class B	–	56,551
Class C	3,208,781	1,897,955
Class I	17,671,857	10,594,742
Class Z6	97,031	–
Total	$63,171,458	$39,746,083
Advisor Freedom 2020
From net investment income
Class A	$16,243,820	$19,983,983
Class M	4,166,252	4,842,366
Class C	631,334	767,338
Class I	12,480,682	12,773,120
Class Z6	54,384	–
Total	$33,576,472	$38,366,807
From net realized gain
Class A	$56,102,883	$40,296,263
Class M	17,427,080	11,312,600
Class B	–	157,930
Class C	4,617,388	2,955,952
Class I	34,710,233	21,844,567
Class Z6	98,749	–
Total	$112,956,333	$76,567,312
Advisor Freedom 2025
From net investment income
Class A	$18,093,765	$21,470,705
Class M	4,378,723	4,782,696
Class C	563,682	732,090
Class I	14,900,347	14,353,988
Class Z6	64,554	–
Total	$38,001,071	$41,339,479
From net realized gain
Class A	$58,214,610	$45,815,189
Class M	17,087,190	12,169,386
Class B	–	136,189
Class C	3,945,982	2,834,506
Class I	37,833,645	26,349,771
Class Z6	103,988	–
Total	$117,185,415	$87,305,041
Advisor Freedom 2030
From net investment income
Class A	$14,665,530	$18,430,435
Class M	3,839,299	4,678,224
Class C	484,808	683,038
Class I	13,363,681	13,350,800
Class Z6	76,802	–
Total	$32,430,120	$37,142,497
From net realized gain
Class A	$61,142,849	$47,411,197
Class M	19,943,569	14,575,332
Class B	–	181,885
Class C	4,240,085	3,005,327
Class I	42,210,713	29,678,995
Class Z6	141,530	–
Total	$127,678,746	$94,852,736
Advisor Freedom 2035
From net investment income
Class A	$10,040,682	$13,587,492
Class M	2,832,544	3,416,658
Class C	299,727	426,644
Class I	9,653,819	9,563,549
Class Z6	41,993	–
Total	$22,868,765	$26,994,343
From net realized gain
Class A	$46,063,469	$38,475,348
Class M	14,617,860	10,912,610
Class B	–	135,368
Class C	2,740,366	1,993,967
Class I	33,253,804	24,465,797
Class Z6	73,488	–
Total	$96,748,987	$75,983,090
Advisor Freedom 2040
From net investment income
Class A	$8,881,190	$11,910,732
Class M	2,655,243	3,348,294
Class C	390,961	560,185
Class I	8,816,392	9,099,703
Class Z6	35,650	–
Total	$20,779,436	$24,918,914
From net realized gain
Class A	$40,808,993	$34,090,941
Class M	14,342,170	11,320,686
Class B	–	170,019
Class C	3,641,921	2,679,478
Class I	31,372,523	23,291,076
Class Z6	64,140	–
Total	$90,229,747	$71,552,200
Advisor Freedom 2045
From net investment income
Class A	$5,219,007	$6,743,556
Class M	1,576,055	1,906,757
Class C	129,725	189,014
Class I	5,947,360	5,692,571
Class Z6	27,145	–
Total	$12,899,292	$14,531,898
From net realized gain
Class A	$20,301,003	$18,452,182
Class M	7,111,464	5,768,381
Class B	–	39,187
Class C	1,051,413	829,711
Class I	17,635,957	13,952,584
Class Z6	38,908	–
Total	$46,138,745	$39,042,045
Advisor Freedom 2050
From net investment income
Class A	$3,857,081	$4,709,123
Class M	1,283,517	1,501,192
Class C	145,803	192,567
Class I	4,942,896	4,786,719
Class Z6	22,378	–
Total	$10,251,675	$11,189,601
From net realized gain
Class A	$13,859,582	$12,279,605
Class M	5,314,395	4,394,815
Class B	–	48,585
Class C	1,032,638	839,720
Class I	13,916,045	11,235,299
Class Z6	30,737	–
Total	$34,153,397	$28,798,024
Advisor Freedom 2055
From net investment income
Class A	$1,844,591	$1,870,569
Class M	555,719	561,240
Class C	45,985	55,815
Class I	2,580,264	2,079,458
Class Z6	23,513	–
Total	$5,050,072	$4,567,082
From net realized gain
Class A	$4,611,171	$4,075,271
Class M	1,578,617	1,364,510
Class C	232,494	180,787
Class I	5,016,561	3,950,916
Class Z6	22,637	–
Total	$11,461,480	$9,571,484
Advisor Freedom 2060
From net investment income
Class A	$303,602	$172,576
Class M	87,416	37,768
Class C	11,911	5,349
Class I	372,369	159,040
Class Z6	5,927	–
Total	$781,225	$374,733
From net realized gain
Class A	$536,013	$226,072
Class M	172,103	57,107
Class C	34,235	18,997
Class I	555,272	149,505
Class Z6	4,856	–
Total	$1,302,479	$451,681

(a) Amounts for Class Z6 are for the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

9. Share Transactions.

Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:

	Shares	Shares	Dollars	Dollars
	Year ended March 31, 2018^(a)	Year ended March 31, 2017	Year ended March 31, 2018^(a)	Year ended March 31, 2017
Advisor Freedom Income
Class A
Shares sold	1,561,114	2,494,487	$17,372,724	$26,903,908
Reinvestment of distributions	267,313	246,230	2,956,413	2,629,753
Shares redeemed	(2,954,671)	(4,027,001)	(32,858,285)	(43,404,632)
Net increase (decrease)	(1,126,244)	(1,286,284)	$(12,529,148)	$(13,870,971)
Class M
Shares sold	1,231,544	1,069,596	$13,671,270	$11,534,711
Reinvestment of distributions	119,232	95,143	1,317,819	1,014,496
Shares redeemed	(1,400,766)	(1,678,273)	(15,542,444)	(18,101,104)
Net increase (decrease)	(49,990)	(513,534)	$(553,355)	$(5,551,897)
Class B
Shares sold	–	1,191	$–	$12,706
Reinvestment of distributions	–	508	–	5,371
Shares redeemed	–	(62,185)	–	(661,437)
Net increase (decrease)	–	(60,486)	$–	$(643,360)
Class C
Shares sold	273,309	198,081	$3,025,706	$2,132,123
Reinvestment of distributions	33,546	25,254	370,253	268,554
Shares redeemed	(379,554)	(287,063)	(4,206,642)	(3,096,537)
Net increase (decrease)	(72,699)	(63,728)	$(810,683)	$(695,860)
Class I
Shares sold	2,536,795	2,592,320	$28,278,478	$28,091,075
Reinvestment of distributions	293,632	231,637	3,259,663	2,482,393
Shares redeemed	(2,708,353)	(3,194,359)	(30,196,704)	(34,573,157)
Net increase (decrease)	122,074	(370,402)	$1,341,437	$(3,999,689)
Class Z6
Shares sold	206,804	–	$2,315,726	$–
Reinvestment of distributions	3,119	–	34,703	–
Shares redeemed	(56,618)	–	(629,544)	–
Net increase (decrease)	153,305	–	$1,720,885	$–
Advisor Freedom 2005
Class A
Shares sold	1,335,163	2,248,874	$16,124,405	$26,161,114
Reinvestment of distributions	452,684	414,812	5,409,480	4,716,740
Shares redeemed	(3,307,757)	(4,357,389)	(40,042,858)	(50,652,047)
Net increase (decrease)	(1,519,910)	(1,693,703)	$(18,508,973)	$(19,774,193)
Class M
Shares sold	594,769	674,483	$7,157,573	$7,841,512
Reinvestment of distributions	108,652	88,172	1,298,447	1,002,121
Shares redeemed	(833,574)	(1,039,759)	(10,035,595)	(12,094,590)
Net increase (decrease)	(130,153)	(277,104)	$(1,579,575)	$(3,250,957)
Class B
Shares sold	–	2	$–	$26
Reinvestment of distributions	–	408	–	4,639
Shares redeemed	–	(29,514)	–	(337,993)
Net increase (decrease)	–	(29,104)	$–	$(333,328)
Class C
Shares sold	112,314	50,507	$1,348,518	$586,955
Reinvestment of distributions	17,487	15,214	209,035	172,750
Shares redeemed	(113,001)	(132,932)	(1,365,341)	(1,546,152)
Net increase (decrease)	16,800	(67,211)	$192,212	$(786,447)
Class I
Shares sold	1,578,344	1,711,139	$19,235,581	$20,022,716
Reinvestment of distributions	255,470	215,242	3,073,797	2,463,732
Shares redeemed	(1,832,308)	(2,317,228)	(22,354,226)	(27,091,146)
Net increase (decrease)	1,506	(390,847)	$(44,848)	$(4,604,698)
Class Z6
Shares sold	122,579	–	$1,494,714	$–
Reinvestment of distributions	722	–	8,706	–
Shares redeemed	(5,951)	–	(71,881)	–
Net increase (decrease)	117,350	–	$1,431,539	$–
Advisor Freedom 2010
Class A
Shares sold	3,564,998	4,202,210	$44,943,820	$50,632,735
Reinvestment of distributions	1,224,022	1,136,991	15,229,168	13,390,689
Shares redeemed	(7,574,224)	(11,642,884)	(95,614,997)	(140,759,640)
Net increase (decrease)	(2,785,204)	(6,303,683)	$(35,442,009)	$(76,736,216)
Class M
Shares sold	1,361,175	1,568,969	$17,164,227	$18,878,541
Reinvestment of distributions	398,510	321,077	4,940,676	3,768,669
Shares redeemed	(2,349,250)	(2,892,565)	(29,490,893)	(34,889,456)
Net increase (decrease)	(589,565)	(1,002,519)	$(7,385,990)	$(12,242,246)
Class B
Shares sold	–	493	$–	$5,909
Reinvestment of distributions	–	1,445	–	16,965
Shares redeemed	–	(97,295)	–	(1,146,600)
Net increase (decrease)	–	(95,357)	$–	$(1,123,726)
Class C
Shares sold	116,566	162,229	$1,455,262	$1,942,907
Reinvestment of distributions	120,905	92,679	1,491,052	1,082,047
Shares redeemed	(499,934)	(421,870)	(6,234,706)	(5,021,203)
Net increase (decrease)	(262,463)	(166,962)	$(3,288,392)	$(1,996,249)
Class I
Shares sold	3,628,003	2,987,760	$46,034,277	$36,241,094
Reinvestment of distributions	704,786	549,470	8,802,985	6,498,678
Shares redeemed	(3,930,369)	(5,005,652)	(49,731,898)	(60,609,754)
Net increase (decrease)	402,420	(1,468,422)	$5,105,364	$(17,869,982)
Class Z6
Shares sold	425,699	–	$5,402,891	$–
Reinvestment of distributions	1,253	–	15,705	–
Shares redeemed	(46,433)	–	(583,499)	–
Net increase (decrease)	380,519	–	$4,835,097	$–
Advisor Freedom 2015
Class A
Shares sold	6,359,677	11,192,220	$81,015,805	$134,714,283
Reinvestment of distributions	3,202,904	2,687,681	40,291,135	31,512,077
Shares redeemed	(18,372,028)	(23,911,759)	(233,983,987)	(287,958,855)
Net increase (decrease)	(8,809,447)	(10,031,858)	$(112,677,047)	$(121,732,495)
Class M
Shares sold	2,736,122	3,553,783	$34,744,143	$42,739,339
Reinvestment of distributions	907,945	680,892	11,406,069	7,971,907
Shares redeemed	(4,687,987)	(5,938,688)	(59,601,397)	(71,417,477)
Net increase (decrease)	(1,043,920)	(1,704,013)	$(13,451,185)	$(20,706,231)
Class B
Shares sold	–	289	$–	$3,362
Reinvestment of distributions	–	4,552	–	52,894
Shares redeemed	–	(268,343)	–	(3,136,375)
Net increase (decrease)	–	(263,502)	$–	$(3,080,119)
Class C
Shares sold	430,509	429,086	$5,422,977	$5,148,246
Reinvestment of distributions	276,036	198,520	3,447,300	2,308,212
Shares redeemed	(1,295,042)	(1,065,959)	(16,430,837)	(12,720,124)
Net increase (decrease)	(588,497)	(438,353)	$(7,560,560)	$(5,263,666)
Class I
Shares sold	8,187,613	6,719,861	$105,325,150	$81,632,572
Reinvestment of distributions	1,790,662	1,388,672	22,716,014	16,411,339
Shares redeemed	(9,768,474)	(13,153,332)	(125,622,049)	(159,964,116)
Net increase (decrease)	209,801	(5,044,799)	$2,419,115	$(61,920,205)
Class Z6
Shares sold	1,089,010	–	$14,093,662	$–
Reinvestment of distributions	11,019	–	140,385	–
Shares redeemed	(81,911)	–	(1,049,457)	–
Net increase (decrease)	1,018,118	–	$13,184,590	$–
Advisor Freedom 2020
Class A
Shares sold	15,638,670	22,259,083	$215,678,977	$284,697,924
Reinvestment of distributions	5,240,623	4,781,037	71,580,589	59,403,628
Shares redeemed	(32,501,753)	(43,489,286)	(448,248,436)	(556,732,167)
Net increase (decrease)	(11,622,460)	(16,449,166)	$(160,988,870)	$(212,630,615)
Class M
Shares sold	5,929,123	8,239,623	$81,613,945	$105,605,312
Reinvestment of distributions	1,564,174	1,282,077	21,368,634	15,926,563
Shares redeemed	(9,968,053)	(11,253,403)	(137,166,621)	(144,187,473)
Net increase (decrease)	(2,474,756)	(1,731,703)	$(34,184,042)	$(22,655,598)
Class B
Shares sold	–	754	$–	$9,263
Reinvestment of distributions	–	12,000	–	147,357
Shares redeemed	–	(650,519)	–	(8,037,147)
Net increase (decrease)	–	(637,765)	$–	$(7,880,527)
Class C
Shares sold	948,078	952,705	$12,932,083	$12,091,583
Reinvestment of distributions	375,317	288,834	5,093,860	3,559,407
Shares redeemed	(1,720,609)	(2,034,383)	(23,548,361)	(25,901,629)
Net increase (decrease)	(397,214)	(792,844)	$(5,522,418)	$(10,250,639)
Class I
Shares sold	18,997,484	17,509,622	$264,269,563	$225,983,350
Reinvestment of distributions	3,388,242	2,753,677	46,653,405	34,489,320
Shares redeemed	(19,661,892)	(25,762,580)	(273,240,745)	(332,675,770)
Net increase (decrease)	2,723,834	(5,499,281)	$37,682,223	$(72,203,100)
Class Z6
Shares sold	2,198,548	–	$31,162,379	$–
Reinvestment of distributions	11,033	–	153,133	–
Shares redeemed	(99,389)	–	(1,386,209)	–
Net increase (decrease)	2,110,192	–	$29,929,303	$–
Advisor Freedom 2025
Class A
Shares sold	21,155,632	25,601,574	$291,258,604	$322,205,614
Reinvestment of distributions	5,553,494	5,447,622	75,773,123	66,353,250
Shares redeemed	(36,469,562)	(42,382,865)	(500,742,895)	(533,830,938)
Net increase (decrease)	(9,760,436)	(11,333,669)	$(133,711,168)	$(145,272,074)
Class M
Shares sold	7,381,740	9,663,460	$101,335,661	$121,810,664
Reinvestment of distributions	1,551,203	1,365,367	21,218,934	16,658,442
Shares redeemed	(9,297,407)	(11,675,916)	(127,887,305)	(147,231,177)
Net increase (decrease)	(364,464)	(647,089)	$(5,332,710)	$(8,762,071)
Class B
Shares sold	–	575	$–	$6,910
Reinvestment of distributions	–	10,996	–	131,516
Shares redeemed	–	(506,132)	–	(6,082,906)
Net increase (decrease)	–	(494,561)	$–	$(5,944,480)
Class C
Shares sold	1,054,413	1,173,292	$14,230,748	$14,579,050
Reinvestment of distributions	326,578	285,842	4,400,480	3,429,289
Shares redeemed	(1,717,786)	(1,482,837)	(23,308,720)	(18,448,804)
Net increase (decrease)	(336,795)	(23,703)	$(4,677,492)	$(440,465)
Class I
Shares sold	25,378,468	21,283,507	$351,808,654	$270,333,001
Reinvestment of distributions	3,774,323	3,304,105	51,976,785	40,606,737
Shares redeemed	(21,969,142)	(28,567,674)	(304,482,920)	(363,666,811)
Net increase (decrease)	7,183,649	(3,980,062)	$99,302,519	$(52,727,073)
Class Z6
Shares sold	1,889,983	–	$26,814,303	$–
Reinvestment of distributions	12,099	–	168,542	–
Shares redeemed	(102,569)	–	(1,434,592)	–
Net increase (decrease)	1,799,513	–	$25,548,253	$–
Advisor Freedom 2030
Class A
Shares sold	18,673,471	24,154,997	$278,431,607	$322,352,172
Reinvestment of distributions	5,074,757	5,047,646	75,068,077	64,726,553
Shares redeemed	(31,998,170)	(37,622,901)	(475,713,945)	(502,399,777)
Net increase (decrease)	(8,249,942)	(8,420,258)	$(122,214,261)	$(115,321,052)
Class M
Shares sold	6,811,790	9,067,980	$100,640,388	$120,441,600
Reinvestment of distributions	1,596,336	1,490,663	23,510,770	19,010,341
Shares redeemed	(9,448,868)	(11,814,020)	(139,471,738)	(157,007,286)
Net increase (decrease)	(1,040,742)	(1,255,377)	$(15,320,580)	$(17,555,345)
Class B
Shares sold	–	806	$–	$10,114
Reinvestment of distributions	–	13,509	–	169,402
Shares redeemed	–	(539,084)	–	(6,796,686)
Net increase (decrease)	–	(524,769)	$–	$(6,617,170)
Class C
Shares sold	964,743	1,101,268	$14,139,943	$14,505,929
Reinvestment of distributions	315,301	279,157	4,593,826	3,516,570
Shares redeemed	(1,529,804)	(1,426,059)	(22,415,105)	(18,791,556)
Net increase (decrease)	(249,760)	(45,634)	$(3,681,336)	$(769,057)
Class I
Shares sold	24,584,566	18,963,300	$367,677,762	$254,803,137
Reinvestment of distributions	3,663,231	3,331,692	54,563,348	42,991,010
Shares redeemed	(20,246,824)	(26,887,285)	(302,278,371)	(361,278,339)
Net increase (decrease)	8,000,973	(4,592,293)	$119,962,739	$(63,484,192)
Class Z6
Shares sold	1,841,365	–	$28,526,620	$–
Reinvestment of distributions	14,449	–	218,332	–
Shares redeemed	(68,960)	–	(1,049,203)	–
Net increase (decrease)	1,786,854	–	$27,695,749	$–
Advisor Freedom 2035
Class A
Shares sold	16,076,305	20,964,331	$233,388,018	$266,773,952
Reinvestment of distributions	3,857,946	4,215,522	55,595,824	51,222,283
Shares redeemed	(28,095,944)	(31,584,221)	(406,790,784)	(403,185,266)
Net increase (decrease)	(8,161,693)	(6,404,368)	$(117,806,942)	$(85,189,031)
Class M
Shares sold	6,398,268	8,015,582	$91,831,716	$101,168,617
Reinvestment of distributions	1,206,444	1,171,573	17,272,407	14,118,577
Shares redeemed	(7,462,512)	(8,653,016)	(106,846,943)	(109,243,486)
Net increase (decrease)	142,200	534,139	$2,257,180	$6,043,708
Class B
Shares sold	–	387	$–	$4,628
Reinvestment of distributions	–	11,097	–	130,498
Shares redeemed	–	(378,032)	–	(4,470,318)
Net increase (decrease)	–	(366,548)	$–	$(4,335,192)
Class C
Shares sold	693,842	820,719	$9,794,664	$10,303,416
Reinvestment of distributions	212,457	199,168	2,989,811	2,358,471
Shares redeemed	(945,420)	(910,537)	(13,367,741)	(11,305,483)
Net increase (decrease)	(39,121)	109,350	$(583,266)	$1,356,404
Class I
Shares sold	21,843,836	16,521,392	$318,376,949	$212,505,868
Reinvestment of distributions	2,892,062	2,773,266	42,049,701	33,964,901
Shares redeemed	(16,207,972)	(24,049,130)	(235,522,368)	(309,011,122)
Net increase (decrease)	8,527,926	(4,754,472)	$124,904,282	$(62,540,353)
Class Z6
Shares sold	1,087,189	–	$16,548,830	$–
Reinvestment of distributions	7,787	–	115,481	–
Shares redeemed	(24,549)	–	(369,912)	–
Net increase (decrease)	1,070,427	–	$16,294,399	$–
Advisor Freedom 2040
Class A
Shares sold	13,534,093	17,466,598	$210,888,429	$237,762,232
Reinvestment of distributions	3,189,871	3,476,525	49,256,170	45,294,736
Shares redeemed	(22,500,034)	(26,454,006)	(348,416,945)	(361,822,566)
Net increase (decrease)	(5,776,070)	(5,510,883)	$(88,272,346)	$(78,765,598)
Class M
Shares sold	5,361,973	7,472,615	$82,647,592	$101,507,043
Reinvestment of distributions	1,095,300	1,120,388	16,854,754	14,523,730
Shares redeemed	(6,875,453)	(9,684,613)	(106,016,831)	(131,502,202)
Net increase (decrease)	(418,180)	(1,091,610)	$(6,514,485)	$(15,471,429)
Class B
Shares sold	–	811	$–	$10,383
Reinvestment of distributions	–	12,839	–	162,282
Shares redeemed	–	(438,998)	–	(5,572,683)
Net increase (decrease)	–	(425,348)	$–	$(5,400,018)
Class C
Shares sold	663,291	800,047	$10,055,292	$10,704,582
Reinvestment of distributions	263,236	248,578	3,975,590	3,160,945
Shares redeemed	(987,718)	(1,091,446)	(15,051,497)	(14,671,044)
Net increase (decrease)	(61,191)	(42,821)	$(1,020,615)	$(805,517)
Class I
Shares sold	18,668,939	15,829,040	$291,013,150	$218,014,568
Reinvestment of distributions	2,537,951	2,469,110	39,478,312	32,375,295
Shares redeemed	(15,449,375)	(21,207,635)	(239,687,652)	(291,344,802)
Net increase (decrease)	5,757,515	(2,909,485)	$90,803,810	$(40,954,939)
Class Z6
Shares sold	794,020	–	$12,962,617	$–
Reinvestment of distributions	6,296	–	99,790	–
Shares redeemed	(47,766)	–	(764,460)	–
Net increase (decrease)	752,550	–	$12,297,947	$–
Advisor Freedom 2045
Class A
Shares sold	13,727,303	17,252,582	$165,419,383	$181,853,072
Reinvestment of distributions	2,111,307	2,462,232	25,306,735	24,750,233
Shares redeemed	(18,819,577)	(22,305,034)	(226,166,494)	(235,715,209)
Net increase (decrease)	(2,980,967)	(2,590,220)	$(35,440,376)	$(29,111,904)
Class M
Shares sold	5,337,435	6,628,910	$63,538,185	$69,214,923
Reinvestment of distributions	725,117	764,715	8,629,046	7,631,868
Shares redeemed	(5,588,094)	(6,339,013)	(66,670,324)	(66,446,041)
Net increase (decrease)	474,458	1,054,612	$5,496,907	$10,400,750
Class B
Shares sold	–	–	$–	$–
Reinvestment of distributions	–	4,003	–	39,186
Shares redeemed	–	(129,611)	–	(1,280,562)
Net increase (decrease)	–	(125,608)	$–	$(1,241,376)
Class C
Shares sold	538,892	583,548	$6,337,359	$6,073,526
Reinvestment of distributions	100,141	102,586	1,176,826	1,011,119
Shares redeemed	(569,666)	(525,797)	(6,680,355)	(5,471,361)
Net increase (decrease)	69,367	160,337	$833,830	$1,613,284
Class I
Shares sold	18,230,130	15,244,964	$220,391,466	$162,005,611
Reinvestment of distributions	1,909,984	1,939,715	23,065,247	19,643,941
Shares redeemed	(13,073,999)	(18,032,871)	(157,647,342)	(191,509,176)
Net increase (decrease)	7,066,115	(848,192)	$85,809,371	$(9,859,624)
Class Z6
Shares sold	773,539	–	$9,848,378	$–
Reinvestment of distributions	5,348	–	66,053	–
Shares redeemed	(36,784)	–	(463,616)	–
Net increase (decrease)	742,103	–	$9,450,815	$–
Advisor Freedom 2050
Class A
Shares sold	11,534,676	13,799,385	$138,373,199	$144,640,305
Reinvestment of distributions	1,468,363	1,662,896	17,545,962	16,634,412
Shares redeemed	(14,017,700)	(15,826,474)	(167,648,735)	(166,323,863)
Net increase (decrease)	(1,014,661)	(364,193)	$(11,729,574)	$(5,049,146)
Class M
Shares sold	4,567,158	5,371,614	$54,283,581	$55,898,271
Reinvestment of distributions	548,964	588,794	6,528,163	5,856,350
Shares redeemed	(4,589,984)	(5,359,307)	(54,563,744)	(55,940,464)
Net increase (decrease)	526,138	601,101	$6,248,000	$5,814,157
Class B
Shares sold	–	29	$–	$284
Reinvestment of distributions	–	4,919	–	47,861
Shares redeemed	–	(174,970)	–	(1,712,712)
Net increase (decrease)	–	(170,022)	$–	$(1,664,567)
Class C
Shares sold	549,763	567,474	$6,479,431	$5,874,580
Reinvestment of distributions	99,910	103,905	1,175,213	1,020,402
Shares redeemed	(472,463)	(548,371)	(5,565,541)	(5,674,279)
Net increase (decrease)	177,210	123,008	$2,089,103	$1,220,703
Class I
Shares sold	15,917,116	14,138,033	$191,830,629	$149,514,359
Reinvestment of distributions	1,535,401	1,591,607	18,474,731	16,017,973
Shares redeemed	(11,055,908)	(15,379,922)	(132,614,886)	(162,081,239)
Net increase (decrease)	6,396,609	349,718	$77,690,474	$3,451,093
Class Z6
Shares sold	472,741	–	$5,954,232	$–
Reinvestment of distributions	4,315	–	53,115	–
Shares redeemed	(34,945)	–	(435,038)	–
Net increase (decrease)	442,111	–	$5,572,309	$–
Advisor Freedom 2055
Class A
Shares sold	7,389,570	7,916,560	$97,025,975	$90,375,985
Reinvestment of distributions	464,392	523,156	6,094,883	5,707,929
Shares redeemed	(6,137,615)	(6,295,906)	(80,819,354)	(72,106,749)
Net increase (decrease)	1,716,347	2,143,810	$22,301,504	$23,977,165
Class M
Shares sold	2,572,643	2,732,217	$33,545,253	$31,007,914
Reinvestment of distributions	162,770	177,026	2,128,319	1,922,189
Shares redeemed	(2,024,835)	(1,948,491)	(26,432,101)	(22,224,779)
Net increase (decrease)	710,578	960,752	$9,241,471	$10,705,324
Class C
Shares sold	234,550	316,652	$3,032,224	$3,576,645
Reinvestment of distributions	21,409	21,848	278,373	236,075
Shares redeemed	(154,192)	(151,022)	(2,007,723)	(1,727,417)
Net increase (decrease)	101,767	187,478	$1,302,874	$2,085,303
Class I
Shares sold	9,490,266	8,513,386	$125,145,410	$97,753,864
Reinvestment of distributions	575,059	550,025	7,595,782	6,030,191
Shares redeemed	(5,026,424)	(6,340,869)	(66,081,707)	(72,851,876)
Net increase (decrease)	5,038,901	2,722,542	$66,659,485	$30,932,179
Class Z6
Shares sold	249,882	–	$3,376,620	$–
Reinvestment of distributions	3,421	–	46,150	–
Shares redeemed	(21,021)	–	(287,425)	–
Net increase (decrease)	232,282	–	$3,135,345	$–
Advisor Freedom 2060
Class A
Shares sold	2,518,107	1,725,527	$29,318,657	$17,397,251
Reinvestment of distributions	69,940	40,951	818,159	397,839
Shares redeemed	(1,111,272)	(990,604)	(13,053,777)	(9,965,288)
Net increase (decrease)	1,476,775	775,874	$17,083,039	$7,829,802
Class M
Shares sold	853,066	493,796	$9,913,922	$5,040,285
Reinvestment of distributions	22,158	9,778	259,519	94,875
Shares redeemed	(341,132)	(303,525)	(4,020,381)	(3,017,633)
Net increase (decrease)	534,092	200,049	$6,153,060	$2,117,527
Class C
Shares sold	143,405	85,955	$1,675,744	$874,633
Reinvestment of distributions	3,926	2,528	46,030	24,346
Shares redeemed	(39,845)	(110,184)	(460,687)	(1,080,968)
Net increase (decrease)	107,486	(21,701)	$1,261,087	$(181,989)
Class I
Shares sold	2,852,854	1,641,454	$33,462,097	$16,721,474
Reinvestment of distributions	78,919	31,488	927,618	308,545
Shares redeemed	(957,855)	(596,496)	(11,278,135)	(6,056,581)
Net increase (decrease)	1,973,918	1,076,446	$23,111,580	$10,973,438
Class Z6
Shares sold	137,048	–	$1,670,098	$–
Reinvestment of distributions	901	–	10,783	–
Shares redeemed	(70,553)	–	(867,591)	–
Net increase (decrease)	67,396	–	$813,290	$–

(a) Amounts for Class Z6 are for the period June 6, 2017 (commencement of sale of shares) to March 31, 2018.

10. Other.

The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.

The Funds do not invest in the Underlying Funds for the purpose of exercising management or control; however, investments by the Funds within their principal investment strategies may represent a significant portion of the Underlying Fund's net assets. At the end of the period, the following Funds were the owners of record of 10% or more of the total outstanding shares of the Underlying Funds.

Fund	Fidelity Advisor Freedom 2020 Fund	Fidelity Advisor Freedom 2025 Fund	Fidelity Advisor Freedom 2030 Fund	Fidelity Advisor Freedom 2035 Fund	Fidelity Advisor Freedom 2040 Fund
Fidelity Advisor Series Equity Growth Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Equity Value Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Growth & Income Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Growth Opportunities Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Opportunistic Insights Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Small Cap Fund	10%	14%	17%	16%	15%
Fidelity Advisor Series Stock Selector Large Cap Value Fund	10%	14%	17%	16%	15%

The Funds, in aggregate, were the owners of record of more than 20% of the total outstanding shares of the following Underlying Funds.

Fund	% of shares held
Fidelity Advisor Series Equity Growth Fund	100%
Fidelity Advisor Series Equity Value Fund	100%
Fidelity Advisor Series Growth & Income Fund	100%
Fidelity Advisor Series Growth Opportunities Fund	100%
Fidelity Advisor Series Opportunistic Insights Fund	100%
Fidelity Advisor Series Small Cap Fund	100%
Fidelity Advisor Series Stock Selector Large Cap Value Fund	100%

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Aberdeen Street Trust and the Shareholders of Fidelity Advisor Freedom Income Fund, Fidelity Advisor Freedom 2005 Fund, Fidelity Advisor Freedom 2010 Fund, Fidelity Advisor Freedom 2015 Fund, Fidelity Advisor Freedom 2020 Fund, Fidelity Advisor Freedom 2025 Fund, Fidelity Advisor Freedom 2030 Fund, Fidelity Advisor Freedom 2035 Fund, Fidelity Advisor Freedom 2040 Fund, Fidelity Advisor Freedom 2045 Fund, Fidelity Advisor Freedom 2050 Fund, Fidelity Advisor Freedom 2055 Fund and Fidelity Advisor Freedom 2060 Fund:

Opinion on the Financial Statements and Financial Highlights

We have audited the accompanying statements of assets and liabilities of Fidelity Advisor Freedom Income Fund, Fidelity Advisor Freedom 2005 Fund, Fidelity Advisor Freedom 2010 Fund, Fidelity Advisor Freedom 2015 Fund, Fidelity Advisor Freedom 2020 Fund, Fidelity Advisor Freedom 2025 Fund, Fidelity Advisor Freedom 2030 Fund, Fidelity Advisor Freedom 2035 Fund, Fidelity Advisor Freedom 2040 Fund, Fidelity Advisor Freedom 2045 Fund, Fidelity Advisor Freedom 2050 Fund, Fidelity Advisor Freedom 2055 Fund and Fidelity Advisor Freedom 2060 Fund (the "Funds"), each a fund of Fidelity Aberdeen Street Trust, including the schedules of investments, as of March 31, 2018, and the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Funds as of March 31, 2018, and the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Funds are not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of March 31, 2018, by correspondence with the custodians. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP

Boston, Massachusetts

May 16, 2018

We have served as the auditor of one or more of the Fidelity investment companies since 1999.

Trustees and Officers

The Trustees, Members of the Advisory Board (if any), and officers of the trust and funds, as applicable, are listed below. The Board of Trustees governs each fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee each fund's activities, review contractual arrangements with companies that provide services to each fund, oversee management of the risks associated with such activities and contractual arrangements, and review each fund's performance. If the interests of a fund and an underlying Fidelity^® fund were to diverge, a conflict of interest could arise and affect how the Trustees and Members of the Advisory Board fulfill their fiduciary duties to the affected funds. FMRC has structured the funds to avoid these potential conflicts, although there may be situations where a conflict of interest is unavoidable. In such instances, FMRC, the Trustees, and Members of the Advisory Board would take reasonable steps to minimize and, if possible, eliminate the conflict. Each of the Trustees oversees 235 funds.

The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person (as defined in the 1940 Act) of the trust and the funds is referred to herein as an Independent Trustee. Each Independent Trustee shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. Officers and Advisory Board Members hold office without limit in time, except that any officer or Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.

Each fund’s Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-877-208-0098.

Experience, Skills, Attributes, and Qualifications of the Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.

In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.

Board Structure and Oversight Function. Abigail P. Johnson is an interested person and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the funds. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Marie L. Knowles serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.

Fidelity^® funds are overseen by different Boards of Trustees. The funds' Board oversees Fidelity's investment-grade bond, money market, asset allocation and certain equity funds, and other Boards oversee Fidelity's high income and other equity funds. The asset allocation funds may invest in Fidelity^® funds that are overseen by such other Boards. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity^® funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity^® funds overseen by each Board.

The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, each fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the funds' activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the funds' business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the funds are carried out by or through FMR, its affiliates, and other service providers, the funds' exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the funds' activities, oversight is exercised primarily through the Operations and Audit Committees. In addition, an ad hoc Board committee of Independent Trustees has worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. Appropriate personnel, including but not limited to the funds' Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the funds' Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of Fidelity's risk management program for the Fidelity^® funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Trustees."

Interested Trustees*:

Correspondence intended for a Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience+

Abigail P. Johnson (1961)

Year of Election or Appointment: 2009

Trustee

Chairman of the Board of Trustees

Ms. Johnson also serves as Trustee of other Fidelity^® funds. Ms. Johnson serves as Chairman (2016-present), Chief Executive Officer (2014-present), and Director (2007-present) of FMR LLC (diversified financial services company), President of Fidelity Financial Services (2012-present) and President of Personal, Workplace and Institutional Services (2005-present). Ms. Johnson is Chairman and Director of FMR Co., Inc. (investment adviser firm, 2011-present) and Chairman and Director of FMR (investment adviser firm, 2011-present). Previously, Ms. Johnson served as Vice Chairman (2007-2016) and President (2013-2016) of FMR LLC, President and a Director of FMR (2001-2005), a Trustee of other investment companies advised by FMR, Fidelity Investments Money Management, Inc. (investment adviser firm), and FMR Co., Inc. (2001-2005), Senior Vice President of the Fidelity^® funds (2001-2005), and managed a number of Fidelity^® funds. Ms. Abigail P. Johnson and Mr. Arthur E. Johnson are not related.

Jennifer Toolin McAuliffe (1959)

Year of Election or Appointment: 2016

Trustee

Ms. McAuliffe also serves as Trustee of other Fidelity^® funds. Ms. McAuliffe previously served as a Member of the Advisory Board of certain Fidelity® funds (2016) and as Co-Head of Fixed Income of Fidelity Investments Limited (now known as FIL Limited (FIL)) (diversified financial services company). Earlier roles at FIL included Director of Research for FIL’s credit and quantitative teams in London, Hong Kong and Tokyo. Ms. McAuliffe also was the Director of Research for taxable and municipal bonds at Fidelity Investments Money Management, Inc. Ms. McAuliffe is also a director or trustee of several not-for-profit entities.

* Determined to be an “Interested Trustee” by virtue of, among other things, his or her affiliation with the trust or various entities under common control with FMR.

+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for each fund.

Independent Trustees:

Correspondence intended for an Independent Trustee may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience+

Elizabeth S. Acton (1951)

Year of Election or Appointment: 2013

Trustee

Ms. Acton also serves as Trustee of other Fidelity^® funds. Prior to her retirement in April 2012, Ms. Acton was Executive Vice President, Finance (2011-2012), Executive Vice President, Chief Financial Officer (2002-2011), and Treasurer (2004-2005) of Comerica Incorporated (financial services). Prior to joining Comerica, Ms. Acton held a variety of positions at Ford Motor Company (1983-2002), including Vice President and Treasurer (2000-2002) and Executive Vice President and Chief Financial Officer of Ford Motor Credit Company (1998-2000). Ms. Acton currently serves as a member of the Board of Directors and Audit and Finance Committees of Beazer Homes USA, Inc. (homebuilding, 2012-present). Previously, Ms. Acton served as a Member of the Advisory Board of certain Fidelity^® funds (2013-2016).

John Engler (1948)

Year of Election or Appointment: 2014

Trustee

Mr. Engler also serves as Trustee of other Fidelity^® funds. He serves on the board of directors for Universal Forest Products (manufacturer and distributor of wood and wood-alternative products, 2003-present) and K12 Inc. (technology-based education company, 2012-present). Previously, Mr. Engler served as a Member of the Advisory Board of certain Fidelity^® funds (2014-2016), president of the Business Roundtable (2011-2017), a trustee of The Munder Funds (2003-2014), president and CEO of the National Association of Manufacturers (2004-2011), member of the Board of Trustees of the Annie E. Casey Foundation (2004-2015), and as governor of Michigan (1991-2003). He is a past chairman of the National Governors Association.

Albert R. Gamper, Jr. (1942)

Year of Election or Appointment: 2006

Trustee

Mr. Gamper also serves as Trustee of other Fidelity^® funds. Prior to his retirement in December 2004, Mr. Gamper served as Chairman of the Board of CIT Group Inc. (commercial finance). During his tenure with CIT Group Inc. Mr. Gamper served in numerous senior management positions, including Chairman (1987-1989; 1999-2001; 2002-2004), Chief Executive Officer (1987-2004), and President (2002-2003). Mr. Gamper currently serves as a member of the Board of Directors of Public Service Enterprise Group (utilities, 2000-present), and Member of the Board of Trustees of Barnabas Health Care System (1997-present). Previously, Mr. Gamper served as Chairman (2012-2015) and Vice Chairman (2011-2012) of the Independent Trustees of certain Fidelity^® funds and as Chairman of the Board of Governors, Rutgers University (2004-2007).

Robert F. Gartland (1951)

Year of Election or Appointment: 2010

Trustee

Mr. Gartland also serves as Trustee of other Fidelity^® funds. Mr. Gartland is Chairman and an investor in Gartland & Mellina Group Corp. (consulting, 2009-present). Previously, Mr. Gartland served as a partner and investor of Vietnam Partners LLC (investments and consulting, 2008-2011). Prior to his retirement, Mr. Gartland held a variety of positions at Morgan Stanley (financial services, 1979-2007), including Managing Director (1987-2007), and Chase Manhattan Bank (1975-1978).

Arthur E. Johnson (1947)

Year of Election or Appointment: 2008

Trustee

Vice Chairman of the Independent Trustees

Mr. Johnson also serves as Trustee of other Fidelity^® funds. Mr. Johnson serves as a member of the Board of Directors of Eaton Corporation plc (diversified power management, 2009-present) and Booz Allen Hamilton (management consulting, 2011-present). Prior to his retirement, Mr. Johnson served as Senior Vice President of Corporate Strategic Development of Lockheed Martin Corporation (defense contractor, 1999-2009). He previously served on the Board of Directors of IKON Office Solutions, Inc. (1999-2008), AGL Resources, Inc. (holding company, 2002-2016), and Delta Airlines (2005-2007). Mr. Arthur E. Johnson is not related to Ms. Abigail P. Johnson.

Michael E. Kenneally (1954)

Year of Election or Appointment: 2009

Trustee

Mr. Kenneally also serves as Trustee of other Fidelity^® funds. Prior to his retirement, Mr. Kenneally served as Chairman and Global Chief Executive Officer of Credit Suisse Asset Management. Before joining Credit Suisse, he was an Executive Vice President and Chief Investment Officer for Bank of America Corporation. Earlier roles at Bank of America included Director of Research, Senior Portfolio Manager and Research Analyst, and Mr. Kenneally was awarded the Chartered Financial Analyst (CFA) designation in 1991.

Marie L. Knowles (1946)

Year of Election or Appointment: 2001

Trustee

Chairman of the Independent Trustees

Ms. Knowles also serves as Trustee of other Fidelity^® funds. Prior to Ms. Knowles' retirement in June 2000, she served as Executive Vice President and Chief Financial Officer of Atlantic Richfield Company (ARCO) (diversified energy, 1996-2000). From 1993 to 1996, she was a Senior Vice President of ARCO and President of ARCO Transportation Company (pipeline and tanker operations). Ms. Knowles currently serves as a Director and Chairman of the Audit Committee of McKesson Corporation (healthcare service, since 2002). Ms. Knowles is a member of the Board of the Santa Catalina Island Company (real estate, 2009-present). Ms. Knowles is a Member of the Investment Company Institute Board of Governors and a Member of the Governing Council of the Independent Directors Council (2014-present). She also serves as a member of the Advisory Board for the School of Engineering of the University of Southern California. Previously, Ms. Knowles served as a Director of Phelps Dodge Corporation (copper mining and manufacturing, 1994-2007), URS Corporation (engineering and construction, 2000-2003) and America West (airline, 1999-2002). Ms. Knowles previously served as Vice Chairman of the Independent Trustees of certain Fidelity^® funds (2012-2015).

Mark A. Murray (1954)

Year of Election or Appointment: 2016

Trustee

Mr. Murray also serves as Trustee of other Fidelity^® funds. Mr. Murray is Vice Chairman (2013-present) of Meijer, Inc. (regional retail chain). Previously, Mr. Murray served as a Member of the Advisory Board of certain Fidelity® funds (2016) and as Co-Chief Executive Officer (2013-2016) and President (2006-2013) of Meijer, Inc. Mr. Murray serves as a member of the Board of Directors and Nuclear Review and Public Policy and Responsibility Committees of DTE Energy Company (diversified energy company, 2009-present). Mr. Murray also serves as a member of the Board of Directors of Spectrum Health (not-for-profit health system, 2015-present). Mr. Murray previously served as President of Grand Valley State University (2001-2006), Treasurer for the State of Michigan (1999-2001), Vice President of Finance and Administration for Michigan State University (1998-1999), and a member of the Board of Directors and Audit Committee and Chairman of the Nominating and Corporate Governance Committee of Universal Forest Products, Inc. (manufacturer and distributor of wood and wood-alternative products, 2004-2016). Mr. Murray is also a director or trustee of many community and professional organizations.

Advisory Board Members and Officers:

Correspondence intended for an officer may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210. Officers appear below in alphabetical order.

Name, Year of Birth; Principal Occupation

Elizabeth Paige Baumann (1968)

Year of Election or Appointment: 2017

Anti-Money Laundering (AML) Officer

Ms. Baumann also serves as AML Officer of other funds. She is Chief AML Officer (2012-present) and Senior Vice President (2014-present) of FMR LLC (diversified financial services company) and is an employee of Fidelity Investments. Previously, Ms. Baumann served as AML Officer of the funds (2012-2016), and Vice President (2007-2014) and Deputy Anti-Money Laundering Officer (2007-2012) of FMR LLC.

Marc R. Bryant (1966)

Year of Election or Appointment: 2015

Secretary and Chief Legal Officer (CLO)

Mr. Bryant also serves as Secretary and CLO of other funds. Mr. Bryant serves as CLO, Secretary, and Senior Vice President of Fidelity Management & Research Company (investment adviser firm, 2015-present) and FMR Co., Inc. (investment adviser firm, 2015-present); Secretary of Fidelity SelectCo, LLC (investment adviser firm, 2015-present) and Fidelity Investments Money Management, Inc. (investment adviser firm, 2015-present); and CLO of Fidelity Management & Research (Hong Kong) Limited and FMR Investment Management (UK) Limited (investment adviser firms, 2015-present) and Fidelity Management & Research (Japan) Limited (investment adviser firm, 2016-present). He is Senior Vice President and Deputy General Counsel of FMR LLC (diversified financial services company). Previously, Mr. Bryant served as Secretary and CLO of Fidelity Rutland Square Trust II (2010-2014) and Assistant Secretary of Fidelity's Fixed Income and Asset Allocation Funds (2013-2015). Prior to joining Fidelity Investments, Mr. Bryant served as a Senior Vice President and the Head of Global Retail Legal for AllianceBernstein L.P. (2006-2010), and as the General Counsel for ProFund Advisors LLC (2001-2006).

Jonathan Davis (1968)

Year of Election or Appointment: 2010

Assistant Treasurer

Mr. Davis also serves as Assistant Treasurer of other funds. Mr. Davis serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (diversified financial services company, 2003-2010).

Adrien E. Deberghes (1967)

Year of Election or Appointment: 2010

Assistant Treasurer

Mr. Deberghes also serves as an officer of other funds. He serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), Executive Vice President of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2016-present), and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as President and Treasurer of certain Fidelity^® funds (2013-2018). Prior to joining Fidelity Investments, Mr. Deberghes was Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005). Previously, Mr. Deberghes served in other fund officer roles.

Stephanie J. Dorsey (1969)

Year of Election or Appointment: 2013

President and Treasurer

Ms. Dorsey also serves as an officer of other funds. Ms. Dorsey serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), is an employee of Fidelity Investments (2008-present), and has served in other fund officer roles. Prior to joining Fidelity Investments, Ms. Dorsey served as Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.

Howard J. Galligan III (1966)

Year of Election or Appointment: 2014

Chief Financial Officer

Mr. Galligan also serves as Chief Financial Officer of other funds. Mr. Galligan serves as President of Fidelity Pricing and Cash Management Services (FPCMS) (2014-present). Previously, Mr. Galligan served as a Director of Strategic Advisers LLC (investment adviser firm, 2008-2018), Chief Administrative Officer of Asset Management (2011-2014), and Chief Operating Officer and Senior Vice President of Investment Support for Strategic Advisers, Inc. (2003-2011).

Colm A. Hogan (1973)

Year of Election or Appointment: 2016

Assistant Treasurer

Mr. Hogan also serves as an officer of other funds. Mr. Hogan serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2005-present). Previously, Mr. Hogan served as Assistant Treasurer of certain Fidelity^® funds (2016-2018).

Chris Maher (1972)

Year of Election or Appointment: 2013

Assistant Treasurer

Mr. Maher serves as Assistant Treasurer of other funds. Mr. Maher is Vice President of Valuation Oversight, serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), and is an employee of Fidelity Investments. Previously, Mr. Maher served as Vice President of Asset Management Compliance (2013), Vice President of the Program Management Group of FMR (investment adviser firm, 2010-2013), and Vice President of Valuation Oversight (2008-2010).

John B. McGinty, Jr. (1962)

Year of Election or Appointment: 2016

Chief Compliance Officer

Mr. McGinty also serves as Chief Compliance Officer of other funds. Mr. McGinty is Senior Vice President of Asset Management Compliance for Fidelity Investments and is an employee of Fidelity Investments (2016-present). Mr. McGinty previously served as Vice President, Senior Attorney at Eaton Vance Management (investment management firm, 2015-2016), and prior to Eaton Vance as global CCO for all firm operations and registered investment companies at GMO LLC (investment management firm, 2009-2015). Before joining GMO LLC, Mr. McGinty served as Senior Vice President, Deputy General Counsel for Fidelity Investments (2007-2009).

Rieco E. Mello (1969)

Year of Election or Appointment: 2017

Assistant Treasurer

Mr. Mello also serves as Assistant Treasurer of other funds. Mr. Mello serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (1995-present).

Jason P. Pogorelec (1975)

Year of Election or Appointment: 2015

Assistant Secretary

Mr. Pogorelec also serves as Assistant Secretary of other funds. Mr. Pogorelec serves as Vice President, Associate General Counsel (2010-present) and is an employee of Fidelity Investments (2006-present).

Nancy D. Prior (1967)

Year of Election or Appointment: 2014

Vice President

Ms. Prior also serves as Vice President of other funds. Ms. Prior serves as a Director of FMR Investment Management (UK) Limited (investment adviser firm, 2015-present), President (2016-present) and Director (2014-present) of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm), President, Fixed Income (2014-present), Vice Chairman of FIAM LLC (investment adviser firm, 2014-present), and is an employee of Fidelity Investments (2002-present). Previously, Ms. Prior served as Vice President of Fidelity's Money Market Funds (2012-2014), President, Money Market and Short Duration Bond Group of Fidelity Management & Research (FMR) (investment adviser firm, 2013-2014), President, Money Market Group of FMR (2011-2013), Managing Director of Research (2009-2011), Senior Vice President and Deputy General Counsel (2007-2009), and Assistant Secretary of certain Fidelity^® funds (2008-2009).

Stacie M. Smith (1974)

Year of Election or Appointment: 2013

Assistant Treasurer

Ms. Smith also serves as an officer of other funds. Ms. Smith serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), is an employee of Fidelity Investments (2009-present), and has served in other fund officer roles. Prior to joining Fidelity Investments, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (accounting firm, 1996-2009). Previously, Ms. Smith served as Assistant Treasurer (2013-2018) and Deputy Treasurer (2013-2016) of certain Fidelity^® funds.

Marc L. Spector (1972)

Year of Election or Appointment: 2016

Deputy Treasurer

Mr. Spector also serves as an officer of other funds. Mr. Spector serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2016-present). Prior to joining Fidelity Investments, Mr. Spector served as Director at the Siegfried Group (accounting firm, 2013-2016), and prior to Siegfried Group as audit senior manager at Deloitte & Touche (accounting firm, 2005-2013).

Renee Stagnone (1975)

Year of Election or Appointment: 2016

Assistant Treasurer

Ms. Stagnone also serves as an officer of other funds. Ms. Stagnone serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (1997-present). Previously, Ms. Stagnone served as Deputy Treasurer of certain Fidelity^® funds (2013-2016).

Shareholder Expense Example

As a shareholder of a Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments or redemption proceeds, and (2) ongoing costs, including distribution and/or service (12b-1) fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (October 1, 2017 to March 31, 2018).

Actual Expenses

The first line of the accompanying table for each Class of each fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a Class of the fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. In addition, each Fund, as a shareholder in underlying Fidelity Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimates in the table below.

Hypothetical Example for Comparison Purposes

The second line of the accompanying table for each Class of each fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. In addition, each Fund, as a shareholder in underlying Fidelity Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimates in the table below.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

	Annualized Expense Ratio-^A	Beginning Account Value October 1, 2017	Ending Account Value March 31, 2018	Expenses Paid During Period-^B October 1, 2017 to March 31, 2018
Advisor Freedom Income
Class A	.72%
Actual		$1,000.00	$1,008.70	$3.61
Hypothetical-^C		$1,000.00	$1,021.34	$3.63
Class M	.97%
Actual		$1,000.00	$1,007.50	$4.85
Hypothetical-^C		$1,000.00	$1,020.09	$4.89
Class C	1.47%
Actual		$1,000.00	$1,005.00	$7.35
Hypothetical-^C		$1,000.00	$1,017.60	$7.39
Class I	.47%
Actual		$1,000.00	$1,009.90	$2.36
Hypothetical-^C		$1,000.00	$1,022.59	$2.37
Class Z6	.37%
Actual		$1,000.00	$1,009.80	$1.85
Hypothetical-^C		$1,000.00	$1,023.09	$1.87
Advisor Freedom 2005
Class A	.74%
Actual		$1,000.00	$1,013.80	$3.72
Hypothetical-^C		$1,000.00	$1,021.24	$3.73
Class M	.99%
Actual		$1,000.00	$1,013.10	$4.97
Hypothetical-^C		$1,000.00	$1,020.00	$4.99
Class C	1.49%
Actual		$1,000.00	$1,010.30	$7.47
Hypothetical-^C		$1,000.00	$1,017.50	$7.49
Class I	.49%
Actual		$1,000.00	$1,015.10	$2.46
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Class Z6	.38%
Actual		$1,000.00	$1,016.70	$1.91
Hypothetical-^C		$1,000.00	$1,023.04	$1.92
Advisor Freedom 2010
Class A	.78%
Actual		$1,000.00	$1,018.70	$3.93
Hypothetical-^C		$1,000.00	$1,021.04	$3.93
Class M	1.03%
Actual		$1,000.00	$1,017.20	$5.18
Hypothetical-^C		$1,000.00	$1,019.80	$5.19
Class C	1.53%
Actual		$1,000.00	$1,014.90	$7.69
Hypothetical-^C		$1,000.00	$1,017.30	$7.70
Class I	.53%
Actual		$1,000.00	$1,019.40	$2.67
Hypothetical-^C		$1,000.00	$1,022.29	$2.67
Class Z6	.40%
Actual		$1,000.00	$1,020.90	$2.02
Hypothetical-^C		$1,000.00	$1,022.94	$2.02
Advisor Freedom 2015
Class A	.83%
Actual		$1,000.00	$1,023.80	$4.19
Hypothetical-^C		$1,000.00	$1,020.79	$4.18
Class M	1.08%
Actual		$1,000.00	$1,022.10	$5.44
Hypothetical-^C		$1,000.00	$1,019.55	$5.44
Class C	1.58%
Actual		$1,000.00	$1,018.70	$7.95
Hypothetical-^C		$1,000.00	$1,017.05	$7.95
Class I	.58%
Actual		$1,000.00	$1,024.20	$2.93
Hypothetical-^C		$1,000.00	$1,022.04	$2.92
Class Z6	.42%
Actual		$1,000.00	$1,025.10	$2.12
Hypothetical-^C		$1,000.00	$1,022.84	$2.12
Advisor Freedom 2020
Class A	.87%
Actual		$1,000.00	$1,026.00	$4.39
Hypothetical-^C		$1,000.00	$1,020.59	$4.38
Class M	1.12%
Actual		$1,000.00	$1,024.90	$5.65
Hypothetical-^C		$1,000.00	$1,019.35	$5.64
Class C	1.62%
Actual		$1,000.00	$1,022.20	$8.17
Hypothetical-^C		$1,000.00	$1,016.85	$8.15
Class I	.62%
Actual		$1,000.00	$1,027.20	$3.13
Hypothetical-^C		$1,000.00	$1,021.84	$3.13
Class Z6	.44%
Actual		$1,000.00	$1,028.40	$2.23
Hypothetical-^C		$1,000.00	$1,022.74	$2.22
Advisor Freedom 2025
Class A	.91%
Actual		$1,000.00	$1,029.40	$4.60
Hypothetical-^C		$1,000.00	$1,020.39	$4.58
Class M	1.16%
Actual		$1,000.00	$1,027.60	$5.86
Hypothetical-^C		$1,000.00	$1,019.15	$5.84
Class C	1.66%
Actual		$1,000.00	$1,025.00	$8.38
Hypothetical-^C		$1,000.00	$1,016.65	$8.35
Class I	.66%
Actual		$1,000.00	$1,030.60	$3.34
Hypothetical-^C		$1,000.00	$1,021.64	$3.33
Class Z6	.45%
Actual		$1,000.00	$1,031.00	$2.28
Hypothetical-^C		$1,000.00	$1,022.69	$2.27
Advisor Freedom 2030
Class A	.95%
Actual		$1,000.00	$1,035.40	$4.82
Hypothetical-^C		$1,000.00	$1,020.19	$4.78
Class M	1.20%
Actual		$1,000.00	$1,033.90	$6.08
Hypothetical-^C		$1,000.00	$1,018.95	$6.04
Class C	1.70%
Actual		$1,000.00	$1,032.00	$8.61
Hypothetical-^C		$1,000.00	$1,016.45	$8.55
Class I	.70%
Actual		$1,000.00	$1,036.80	$3.55
Hypothetical-^C		$1,000.00	$1,021.44	$3.53
Class Z6	.47%
Actual		$1,000.00	$1,038.20	$2.39
Hypothetical-^C		$1,000.00	$1,022.59	$2.37
Advisor Freedom 2035
Class A	1.00%
Actual		$1,000.00	$1,041.40	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,041.00	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,038.10	$8.89
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,042.80	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.00	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Advisor Freedom 2040
Class A	1.00%
Actual		$1,000.00	$1,042.80	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,041.30	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,038.60	$8.89
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,044.20	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.30	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Advisor Freedom 2045
Class A	1.00%
Actual		$1,000.00	$1,042.30	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,041.90	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,038.80	$8.90
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,044.30	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.70	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Advisor Freedom 2050
Class A	1.00%
Actual		$1,000.00	$1,042.60	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,041.20	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,039.10	$8.90
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,044.50	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.50	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Advisor Freedom 2055
Class A	1.00%
Actual		$1,000.00	$1,042.20	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,041.00	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,039.10	$8.90
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,044.20	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.30	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47
Advisor Freedom 2060
Class A	1.00%
Actual		$1,000.00	$1,042.90	$5.09
Hypothetical-^C		$1,000.00	$1,019.95	$5.04
Class M	1.25%
Actual		$1,000.00	$1,040.60	$6.36
Hypothetical-^C		$1,000.00	$1,018.70	$6.29
Class C	1.75%
Actual		$1,000.00	$1,038.00	$8.89
Hypothetical-^C		$1,000.00	$1,016.21	$8.80
Class I	.75%
Actual		$1,000.00	$1,043.50	$3.82
Hypothetical-^C		$1,000.00	$1,021.19	$3.78
Class Z6	.49%
Actual		$1,000.00	$1,045.50	$2.50
Hypothetical-^C		$1,000.00	$1,022.49	$2.47

^A Annualized expense ratio reflects expenses net of applicable fee waivers.

^B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/ 365 (to reflect the one-half year period).

^C 5% return per year before expenses

Distributions (Unaudited)

The Board of Trustees of each fund voted to pay to shareholders of record at the opening of business on record date, the following distributions per share derived from capital gains realized from sales of portfolio securities and dividends derived from net investment income:

	Pay Date	Record Date	Dividends	Capital Gains
Fidelity Advisor Freedom Income Fund
Class A	05/07/18	05/04/18	$0.011	$0.158
Class C	05/07/18	05/04/18	$0.004	$0.158
Class I	05/07/18	05/04/18	$0.014	$0.158
Class M	05/07/18	05/04/18	$0.009	$0.158
Class Z6	05/07/18	05/04/18	$0.017	$0.158
Fidelity Advisor Freedom 2005 Fund
Class A	05/14/18	05/11/18	$0.023	$0.298
Class C	05/14/18	05/11/18	$0.003	$0.298
Class I	05/14/18	05/11/18	$0.031	$0.298
Class M	05/14/18	05/11/18	$0.015	$0.298
Class Z6	05/14/18	05/11/18	$0.038	$0.298
Fidelity Advisor Freedom 2010 Fund
Class A	05/14/18	05/11/18	$0.016	$0.370
Class C	05/14/18	05/11/18	$0.000	$0.362
Class I	05/14/18	05/11/18	$0.025	$0.370
Class M	05/14/18	05/11/18	$0.008	$0.370
Class Z6	05/14/18	05/11/18	$0.033	$0.370
Fidelity Advisor Freedom 2015 Fund
Class A	05/14/18	05/11/18	$0.010	$0.459
Class C	05/14/18	05/11/18	$0.000	$0.445
Class I	05/14/18	05/11/18	$0.019	$0.459
Class M	05/14/18	05/11/18	$0.002	$0.459
Class Z6	05/14/18	05/11/18	$0.028	$0.459
Fidelity Advisor Freedom 2020 Fund
Class A	05/14/18	05/11/18	$0.004	$0.486
Class C	05/14/18	05/11/18	$0.000	$0.461
Class I	05/14/18	05/11/18	$0.013	$0.486
Class M	05/14/18	05/11/18	$0.000	$0.481
Class Z6	05/14/18	05/11/18	$0.026	$0.486
Fidelity Advisor Freedom 2025 Fund
Class A	05/14/18	05/11/18	$0.000	$0.484
Class C	05/14/18	05/11/18	$0.000	$0.464
Class I	05/14/18	05/11/18	$0.002	$0.492
Class M	05/14/18	05/11/18	$0.000	$0.475
Class Z6	05/14/18	05/11/18	$0.015	$0.492
Fidelity Advisor Freedom 2030 Fund
Class A	05/14/18	05/11/18	$0.000	$0.600
Class C	05/14/18	05/11/18	$0.000	$0.583
Class I	05/14/18	05/11/18	$0.000	$0.610
Class M	05/14/18	05/11/18	$0.000	$0.591
Class Z6	05/14/18	05/11/18	$0.000	$0.627
Fidelity Advisor Freedom 2035 Fund
Class A	05/14/18	05/11/18	$0.000	$0.629
Class C	05/14/18	05/11/18	$0.000	$0.629
Class I	05/14/18	05/11/18	$0.000	$0.629
Class M	05/14/18	05/11/18	$0.000	$0.629
Class Z6	05/14/18	05/11/18	$0.000	$0.629
Fidelity Advisor Freedom 2040 Fund
Class A	05/14/18	05/11/18	$0.000	$0.674
Class C	05/14/18	05/11/18	$0.000	$0.674
Class I	05/14/18	05/11/18	$0.000	$0.674
Class M	05/14/18	05/11/18	$0.000	$0.674
Class Z6	05/14/18	05/11/18	$0.000	$0.674
Fidelity Advisor Freedom 2045 Fund
Class A	05/14/18	05/11/18	$0.000	$0.501
Class C	05/14/18	05/11/18	$0.000	$0.501
Class I	05/14/18	05/11/18	$0.000	$0.501
Class M	05/14/18	05/11/18	$0.000	$0.501
Class Z6	05/14/18	05/11/18	$0.000	$0.501
Fidelity Advisor Freedom 2050 Fund
Class A	05/14/18	05/11/18	$0.000	$0.487
Class C	05/14/18	05/11/18	$0.000	$0.487
Class I	05/14/18	05/11/18	$0.000	$0.487
Class M	05/14/18	05/11/18	$0.000	$0.487
Class Z6	05/14/18	05/11/18	$0.000	$0.487
Fidelity Advisor Freedom 2055 Fund
Class A	05/14/18	05/11/18	$0.000	$0.493
Class C	05/14/18	05/11/18	$0.000	$0.493
Class I	05/14/18	05/11/18	$0.000	$0.493
Class M	05/14/18	05/11/18	$0.000	$0.493
Class Z6	05/14/18	05/11/18	$0.000	$0.493
Fidelity Advisor Freedom 2060 Fund
Class A	05/14/18	05/11/18	$0.000	$0.369
Class C	05/14/18	05/11/18	$0.000	$0.369
Class I	05/14/18	05/11/18	$0.000	$0.369
Class M	05/14/18	05/11/18	$0.000	$0.369
Class Z6	05/14/18	05/11/18	$0.000	$0.369

The funds hereby designate as capital gain dividend the amounts noted below for the taxable year ended March 31, 2018, or, if subsequently determined to be different, the net capital gain of such year.

Fidelity Advisor Freedom Income Fund	$6,037,856
Fidelity Advisor Freedom 2005 Fund	$8,890,968
Fidelity Advisor Freedom 2010 Fund	$27,356,012
Fidelity Advisor Freedom 2015 Fund	$74,799,743
Fidelity Advisor Freedom 2020 Fund	$147,533,377
Fidelity Advisor Freedom 2025 Fund	$163,784,112
Fidelity Advisor Freedom 2030 Fund	$183,125,925
Fidelity Advisor Freedom 2035 Fund	$148,859,541
Fidelity Advisor Freedom 2040 Fund	$137,686,528
Fidelity Advisor Freedom 2045 Fund	$75,740,831
Fidelity Advisor Freedom 2050 Fund	$58,059,893
Fidelity Advisor Freedom 2055 Fund	$24,429,750
Fidelity Advisor Freedom 2060 Fund	$3,613,956

A percentage of the dividends distributed during the fiscal year for the following funds were derived from interest on U.S. Government securities which is generally exempt from state income tax:

Fidelity Advisor Freedom Income Fund
Class A	18.79%
Class C	18.79%
Class I	18.79%
Class M	18.79%
Class Z6	18.79%
Fidelity Advisor Freedom 2005 Fund
Class A	13.89%
Class C	13.89%
Class I	13.89%
Class M	13.89%
Class Z6	13.89%
Fidelity Advisor Freedom 2010 Fund
Class A	10.48%
Class C	10.48%
Class I	10.48%
Class M	10.48%
Class Z6	10.48%
Fidelity Advisor Freedom 2015 Fund
Class A	7.78%
Class C	7.78%
Class I	7.78%
Class M	7.78%
Class Z6	7.78%
Fidelity Advisor Freedom 2020 Fund
Class A	6.05%
Class C	6.05%
Class I	6.05%
Class M	6.05%
Class Z6	6.05%
Fidelity Advisor Freedom 2025 Fund
Class A	4.77%
Class C	4.77%
Class I	4.77%
Class M	4.77%
Class Z6	4.77%
Fidelity Advisor Freedom 2030 Fund
Class A	2.60%
Class C	2.60%
Class I	2.60%
Class M	2.60%
Class Z6	2.60%
Fidelity Advisor Freedom 2035 Fund
Class A	1.20%
Class C	1.20%
Class I	1.20%
Class M	1.20%
Class Z6	1.20%
Fidelity Advisor Freedom 2040 Fund
Class A	1.02%
Class C	1.02%
Class I	1.02%
Class M	1.02%
Class Z6	1.02%
Fidelity Advisor Freedom 2045 Fund
Class A	1.02%
Class C	1.02%
Class I	1.02%
Class M	1.02%
Class Z6	1.02%
Fidelity Advisor Freedom 2050 Fund
Class A	1.02%
Class C	1.02%
Class I	1.02%
Class M	1.02%
Class Z6	1.02%
Fidelity Advisor Freedom 2055 Fund
Class A	1.02%
Class C	1.02%
Class I	1.02%
Class M	1.02%
Class Z6	1.02%
Fidelity Advisor Freedom 2060 Fund
Class A	1.03%
Class C	1.03%
Class I	1.03%
Class M	1.03%
Class Z6	1.03%

A percentage of the dividends distributed during the fiscal year for the following funds qualify for the dividends–received deduction for corporate shareholders:

	Class A	Class C	Class I	Class M	Class Z6
Fidelity Advisor Freedom Income Fund
April 2017	0%	0%	0%	0%	N/A
May 2017	10%	93%	8%	15%	N/A
June 2017	11%	89%	9%	15%	N/A
July 2017	12%	N/A	9%	17%	8%
August 2017	11%	36%	9%	16%	8%
September 2017	13%	N/A	9%	18%	6%
October 2017	11%	45%	9%	15%	7%
November 2017	11%	37%	9%	16%	8%
December 2017	11%	13%	11%	12%	10%
February 2018	2%	12%	1%	3%	1%
March 2018	2%	15%	2%	3%	1%
Fidelity Advisor Freedom 2005 Fund
May 2017	1%	0%	1%	2%	N/A
December 2017	18%	30%	16%	20%	14%
Fidelity Advisor Freedom 2010 Fund
May 2017	2%	13%	1%	3%	N/A
December 2017	24%	38%	21%	27%	19%
Fidelity Advisor Freedom 2015 Fund
May 2017	2%	6%	2%	3%	N/A
December 2017	30%	48%	26%	33%	23%
Fidelity Advisor Freedom 2020 Fund
May 2017	4%	15%	3%	5%	N/A
December 2017	33%	51%	29%	38%	25%
Fidelity Advisor Freedom 2025 Fund
May 2017	8%	74%	6%	11%	N/A
December 2017	37%	57%	32%	41%	28%
Fidelity Advisor Freedom 2030 Fund
May 2017	20%	0%	13%	39%	N/A
December 2017	45%	69%	40%	51%	34%
Fidelity Advisor Freedom 2035 Fund
May 2017	53%	0%	26%	N/A	N/A
December 2017	53%	78%	45%	58%	39%
Fidelity Advisor Freedom 2040 Fund
May 2017	95%	0%	32%	N/A	N/A
December 2017	53%	79%	46%	60%	39%
Fidelity Advisor Freedom 2045 Fund
May 2017	76%	0%	32%	N/A	N/A
December 2017	53%	80%	46%	59%	39%
Fidelity Advisor Freedom 2050 Fund
May 2017	33%	0%	19%	82%	N/A
December 2017	53%	78%	46%	59%	40%
Fidelity Advisor Freedom 2055 Fund
May 2017	39%	0%	21%	N/A	N/A
December 2017	51%	75%	45%	56%	39%
Fidelity Advisor Freedom 2060 Fund
May 2017	55%	0%	25%	N/A	N/A
December 2017	49%	66%	45%	54%	40%

A percentage of the dividends distributed during the fiscal year for the following funds may be taken into account as a dividend for purposes of the maximum rate under section 1(h)(11) of the Internal Revenue Code.

	Class A	Class C	Class I	Class M	Class Z6
Fidelity Advisor Freedom Income Fund
April 2017	0%	0%	0%	0%	N/A
May 2017	24%	100%	19%	35%	N/A
June 2017	26%	100%	21%	34%	N/A
July 2017	26%	N/A	21%	37%	19%
August 2017	24%	80%	20%	34%	19%
September 2017	28%	N/A	20%	39%	14%
October 2017	25%	98%	20%	33%	17%
November 2017	24%	80%	20%	35%	18%
December 2017	25%	30%	24%	26%	23%
February 2018	4%	19%	3%	5%	3%
March 2018	3%	24%	3%	4%	3%
Fidelity Advisor Freedom 2005 Fund
May 2017	3%	0%	2%	4%	N/A
December 2017	35%	58%	31%	39%	28%
Fidelity Advisor Freedom 2010 Fund
May 2017	4%	25%	3%	6%	N/A
December 2017	45%	72%	39%	51%	36%
Fidelity Advisor Freedom 2015 Fund
May 2017	7%	18%	5%	8%	N/A
December 2017	53%	87%	47%	60%	41%
Fidelity Advisor Freedom 2020 Fund
May 2017	9%	34%	7%	12%	N/A
December 2017	60%	91%	52%	67%	46%
Fidelity Advisor Freedom 2025 Fund
May 2017	15%	100%	12%	21%	N/A
December 2017	65%	100%	57%	73%	50%
Fidelity Advisor Freedom 2030 Fund
May 2017	31%	0%	20%	57%	N/A
December 2017	80%	100%	70%	90%	60%
Fidelity Advisor Freedom 2035 Fund
May 2017	73%	0%	37%	N/A	N/A
December 2017	93%	100%	80%	100%	69%
Fidelity Advisor Freedom 2040 Fund
May 2017	100%	0%	63%	N/A	N/A
December 2017	95%	100%	83%	100%	70%
Fidelity Advisor Freedom 2045 Fund
May 2017	100%	0%	46%	N/A	N/A
December 2017	94%	100%	82%	100%	70%
Fidelity Advisor Freedom 2050 Fund
May 2017	45%	0%	27%	100%	N/A
December 2017	93%	100%	82%	100%	71%
Fidelity Advisor Freedom 2055 Fund
May 2017	50%	0%	27%	N/A	N/A
December 2017	90%	100%	79%	98%	69%
Fidelity Advisor Freedom 2060 Fund
May 2017	69%	0%	32%	N/A	N/A
December 2017	88%	100%	80%	96%	71%

The funds will notify shareholders in January 2019 of amounts for use in preparing 2018 income tax returns.

Proxy Voting Results

A special meeting of shareholders was held on December 22, 2016. The results of votes taken among shareholders on the proposals before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting.

PROPOSAL 1

To elect a Board of Trustees.

	# of Votes	% of Votes
Elizabeth S. Acton
Affirmative	67,962,879,437.90	95.738
Withheld	3,026,199,416.67	4.262
TOTAL	70,989,078,854.57	100.000
John Engler
Affirmative	67,621,098,922.89	95.256
Withheld	3,367,979,931.68	4.744
TOTAL	70,989,078,854.57	100.000
Albert R. Gamper, Jr.
Affirmative	67,692,979,200.48	95.357
Withheld	3,296,099,654.09	4.643
TOTAL	70,989,078,854.57	100.000
Robert F. Gartland
Affirmative	67,834,076,287.79	95.556
Withheld	3,155,002,566.78	4.444
TOTAL	70,989,078,854.57	100.000
Abigail P. Johnson
Affirmative	67,845,327,470.44	95.572
Withheld	3,143,751,384.13	4.428
TOTAL	70,989,078,854.57	100.000
Arthur E. Johnson
Affirmative	67,698,760,709.29	95.366
Withheld	3,290,318,145.28	4.634
TOTAL	70,989,078,854.57	100.000
Michael E. Kenneally
Affirmative	67,851,407,081.44	95.581
Withheld	3,137,671,773.13	4.419
TOTAL	70,989,078,854.57	100.000
James H. Keyes
Affirmative	67,741,432,698.10	95.426
Withheld	3,247,646,156.47	4.574
TOTAL	70,989,078,854.57	100.000
Marie L. Knowles
Affirmative	67,825,908,094.48	95.545
Withheld	3,163,170,760.09	4.455
TOTAL	70,989,078,854.57	100.000
Jennifer Toolin McAuliffe
Affirmative	67,916,195,545.89	95.672
Withheld	3,072,883,308.68	4.328
TOTAL	70,989,078,854.57	100.000
Mark A. Murray
Affirmative	67,892,016,830.18	95.638
Withheld	3,097,062,024.39	4.362
TOTAL	70,989,078,854.57	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® Income Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	85,251,884.39	69.404
Against	3,248,153.80	2.645
Abstain	7,651,900.89	6.229
Broker Non - Votes	26,683,531.06	21.722
TOTAL	122,835,470.14	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2005 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	104,918,089.41	84.809
Against	1,185,803.11	0.959
Abstain	6,564,213.11	5.306
Broker Non - Votes	11,043,458.16	8.926
TOTAL	123,711,563.79	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2010 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	232,611,697.84	74.922
Against	11,461,526.43	3.692
Abstain	29,639,214.91	9.546
Broker Non - Votes	36,763,082.82	11.840
TOTAL	310,475,522.00	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2015 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	548,078,311.69	78.368
Against	16,992,566.61	2.430
Abstain	57,952,658.11	8.286
Broker Non - Votes	76,344,954.21	10.916
TOTAL	699,368,490.62	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2020 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	1,137,261,248.88	77.150
Against	35,533,566.57	2.411
Abstain	136,839,251.72	9.283
Broker Non - Votes	164,457,263.22	11.156
TOTAL	1,474,091,330.39	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2025 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	1,255,478,449.41	78.487
Against	44,735,339.17	2.797
Abstain	145,469,169.68	9.094
Broker Non - Votes	153,924,578.28	9.622
TOTAL	1,599,607,536.54	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2030 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	1,226,267,757.60	80.351
Against	31,873,988.50	2.088
Abstain	110,830,250.94	7.262
Broker Non - Votes	157,183,625.59	10.299
TOTAL	1,526,155,622.63	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2035 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	908,985,343.52	79.343
Against	22,941,350.78	2.003
Abstain	97,899,339.75	8.545
Broker Non - Votes	115,819,884.16	10.109
TOTAL	1,145,645,918.21	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2040 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	840,431,151.67	78.401
Against	26,715,584.05	2.493
Abstain	73,602,846.50	6.866
Broker Non - Votes	131,218,047.69	12.240
TOTAL	1,071,967,629.91	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2045 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	476,508,002.95	78.867
Against	13,746,796.22	2.276
Abstain	69,790,004.16	11.550
Broker Non - Votes	44,152,928.00	7.307
TOTAL	604,197,731.33	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2050 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	384,190,657.46	78.166
Against	8,160,289.70	1.660
Abstain	46,850,601.81	9.532
Broker Non - Votes	52,306,732.32	10.642
TOTAL	491,508,281.29	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2055 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	151,140,362.83	82.558
Against	2,733,414.43	1.494
Abstain	17,989,283.33	9.826
Broker Non - Votes	11,209,493.08	6.122
TOTAL	183,072,553.67	100.000

PROPOSAL 2

To approve an amended and restated management contract between Fidelity Advisor Freedom^® 2060 Fund and FMR Co., Inc. (FMRC).

	# of Votes	% of Votes
Affirmative	11,372,900.89	87.585
Against	328,975.28	2.534
Abstain	1,024,180.04	7.887
Broker Non - Votes	259,028.49	1.994
TOTAL	12,985,084.70	100.000

Proposal 1 reflects trust-wide proposal and voting results.

The special meeting of shareholders of Fidelity Advisor Freedom^® 2015 Fund reconvened on January 27, 2017 with respect to proposal 2.

The special meeting of shareholders of Fidelity Advisor Freedom^® 2020 Fund reconvened on February 24, 2017 with respect to proposal 2.

The special meeting of shareholders of Fidelity Advisor Freedom^® 2025 Fund reconvened on March 24, 2017 with respect to proposal 2.

The special meeting of shareholders of Fidelity Advisor^® Freedom^® 2030 Fund, Fidelity Advisor Freedom^® 2035 Fund, Fidelity Advisor Freedom^® 2040 Fund, Fidelity Advisor Freedom^® 2045 Fund, Fidelity Advisor Freedom^® 2050 Fund, Fidelity Advisor Freedom^® 2055 Fund, and Fidelity Advisor Freedom^®2060 Fund reconvened on April 19, 2017 with respect to proposal 2.

Fidelity Investments

AFF-ANN-0518
1.792114.115

Fidelity Advisor Freedom® Funds - Income, 2005, 2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050, 2055, 2060 - Class Z6

Annual Report

March 31, 2018

Contents

Performance
Management's Discussion of Fund Performance
Fidelity Advisor Freedom® Income Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2005 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2010 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2015 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2020 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2025 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2030 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2035 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2040 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2045 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2050 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2055 Fund
Investment Summary
Schedule of Investments
Financial Statements
Fidelity Advisor Freedom® 2060 Fund
Investment Summary
Schedule of Investments
Financial Statements
Notes to Financial Statements
Report of Independent Registered Public Accounting Firm
Trustees and Officers
Shareholder Expense Example
Distributions
Proxy Voting Results

You may also call 1-877-208-0098 to request a free copy of the proxy voting guidelines.

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

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

NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE

Neither the Funds nor Fidelity Distributors Corporation is a bank.

Fidelity Advisor Freedom® Income Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	4.75%	3.65%	4.05%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® Income Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$14,870	Fidelity Advisor Freedom® Income Fund - Class Z6
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2005 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	6.30%	4.81%	4.42%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2005 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$15,416	Fidelity Advisor Freedom® 2005 Fund - Class Z6
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2010 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	7.55%	5.69%	5.20%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2010 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Barclays U.S. Aggregate Bond Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$16,600	Fidelity Advisor Freedom® 2010 Fund - Class Z6
	$14,284	Bloomberg Barclays U.S. Aggregate Bond Index

Fidelity Advisor Freedom® 2015 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	8.75%	6.30%	5.41%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2015 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$16,937	Fidelity Advisor Freedom® 2015 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2020 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	9.66%	6.82%	5.45%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2020 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$17,008	Fidelity Advisor Freedom® 2020 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2025 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	10.45%	7.57%	5.89%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2025 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$17,728	Fidelity Advisor Freedom® 2025 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2030 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	12.27%	8.45%	5.99%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2030 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$17,884	Fidelity Advisor Freedom® 2030 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2035 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	13.82%	9.26%	6.40%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2035 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$18,600	Fidelity Advisor Freedom® 2035 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2040 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	13.94%	9.32%	6.36%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2040 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$18,518	Fidelity Advisor Freedom® 2040 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2045 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	14.01%	9.41%	6.38%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2045 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$18,569	Fidelity Advisor Freedom® 2045 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2050 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Past 10 years
Class Z6	13.94%	9.42%	6.29%

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2050 Fund - Class Z6 on March 31, 2008.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$18,398	Fidelity Advisor Freedom® 2050 Fund - Class Z6
	$24,771	S&P 500® Index

Fidelity Advisor Freedom® 2055 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Past 5 years	Life of fund^A
Class Z6	13.93%	9.51%	8.57%

^A From June 1, 2011

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over Life of Fund

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2055 Fund - Class Z6 on June 1, 2011, when the fund started.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$17,546	Fidelity Advisor Freedom® 2055 Fund - Class Z6
	$23,219	S&P 500® Index

Fidelity Advisor Freedom® 2060 Fund

Performance: The Bottom Line

Average Annual Total Returns

For the periods ended March 31, 2018	Past 1 year	Life of fund^A
Class Z6	13.86%	8.35%

^A From August 5, 2014

Prior to June 1, 2017, the fund operated under a different pricing structure. The fund’s historical performance prior to June 1, 2017 does not reflect the fund’s current pricing structure.

The initial offering of Class Z6 shares took place on June 6, 2017. Returns prior to June 6, 2017 are those of Class I.

$10,000 Over Life of Fund

Let's say hypothetically that $10,000 was invested in Fidelity Advisor Freedom® 2060 Fund - Class Z6 on August 5, 2014, when the fund started.

The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

See above for additional information regarding the performance of Class Z6.

	Period Ending Values
	$13,405	Fidelity Advisor Freedom® 2060 Fund - Class Z6
	$14,846	S&P 500® Index

Management's Discussion of Fund Performance

Fidelity Advisor Freedom® Income Fund

Investment Summary (Unaudited)

The information in the following tables is based on the direct investments of the Fund.

Top Holdings as of March 31, 2018

	% of fund's net assets
Fidelity Series Investment Grade Bond Fund	38.0
Fidelity Series Government Money Market Fund 1.67%	23.1
Fidelity Series Short-Term Credit Fund	5.7
Fidelity Series Inflation-Protected Bond Index Fund	3.8
Fidelity Series Emerging Markets Fund	3.1
Fidelity Series International Growth Fund	2.6
Fidelity Series International Value Fund	2.6
Fidelity Advisor Series Growth & Income Fund	2.5
Fidelity Series Commodity Strategy Fund	2.1
Fidelity Series Long-Term Treasury Bond Index Fund	2.1
	85.6

Asset Allocation (% of fund's net assets)

Period end
	Domestic Equity Funds	15.1%
	International Equity Funds	9.2%
	Bond Funds	47.0%
	Short-Term Funds	28.8%
	Net Other Assets (Liabilities)^*	(0.1)%

* Net Other Assets (Liabilities) are not included in the pie chart

Domestic Equity Funds category includes Fidelity Series Commodity Strategy Fund which invests in commodity-related investments.

Fidelity Advisor Freedom® Income Fund

Schedule of Investments March 31, 2018

Showing Percentage of Net Assets

U.S. Treasury Obligations - 0.0%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 1.39% 4/26/18
(Cost $9,990)	10,000	9,989
	Shares	Value

Domestic Equity Funds - 15.1%
Fidelity Advisor Series Equity Growth Fund (a)	221,042	$2,986,272
Fidelity Advisor Series Equity Value Fund (a)	275,356	3,441,952
Fidelity Advisor Series Growth & Income Fund (a)	350,679	5,267,197
Fidelity Advisor Series Growth Opportunities Fund (a)	149,285	1,963,092
Fidelity Advisor Series Opportunistic Insights Fund (a)	156,768	2,809,288
Fidelity Advisor Series Small Cap Fund (a)	125,958	1,497,643
Fidelity Advisor Series Stock Selector Large Cap Value Fund (a)	277,497	3,474,257
Fidelity Series 100 Index Fund (a)	86,724	1,480,375
Fidelity Series 1000 Value Index Fund (a)	47,462	585,207
Fidelity Series All-Sector Equity Fund (a)	168,092	2,050,720
Fidelity Series Commodity Strategy Fund (a)	835,664	4,537,656
Fidelity Series Real Estate Equity Fund (a)	30,057	358,281
Fidelity Series Small Cap Opportunities Fund (a)	127,320	1,815,589
TOTAL DOMESTIC EQUITY FUNDS
(Cost $25,211,554)		32,267,529

International Equity Funds - 9.2%
Fidelity Series Canada Fund (a)	52,664	536,118
Fidelity Series Emerging Markets Fund (a)	300,178	6,576,903
Fidelity Series International Growth Fund (a)	344,856	5,569,432
Fidelity Series International Small Cap Fund (a)	74,393	1,385,201
Fidelity Series International Value Fund (a)	517,747	5,462,228
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $13,447,877)		19,529,882

Bond Funds - 47.0%
Fidelity Series Emerging Markets Debt Fund (a)	165,703	1,670,287
Fidelity Series Floating Rate High Income Fund (a)	55,914	531,740
Fidelity Series High Income Fund (a)	327,617	3,122,185
Fidelity Series Inflation-Protected Bond Index Fund (a)	830,560	8,056,431
Fidelity Series International Credit Fund (a)	11,210	111,314
Fidelity Series Investment Grade Bond Fund (a)	7,366,931	81,183,581
Fidelity Series Long-Term Treasury Bond Index Fund (a)	526,235	4,509,835
Fidelity Series Real Estate Income Fund (a)	97,940	1,049,918
TOTAL BOND FUNDS
(Cost $99,675,479)		100,235,291

Short-Term Funds - 28.8%
Fidelity Cash Central Fund, 1.72% (b)	34,506	34,513
Fidelity Series Government Money Market Fund 1.67% (a)(c)	49,380,363	49,380,363
Fidelity Series Short-Term Credit Fund (a)	1,231,618	12,143,757
TOTAL SHORT-TERM FUNDS
(Cost $61,670,301)		61,558,633
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $200,015,201)		213,601,324
NET OTHER ASSETS (LIABILITIES) - (0.1)%		(113,804)
NET ASSETS - 100%		$213,487,520

Legend

(a) Affiliated Fund

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$94
Total	$94

Affiliated Underlying Funds

Affiliate	Value, beginning of period	Purchases	Sales Proceeds	Dividend Income	Realized Gain (loss)	Change in Unrealized appreciation (depreciation)	Value, end of period
Fidelity Advisor Series Equity Growth Fund	$3,622,423	$796,371	$1,749,334	$476,557	$365,294	$(48,482)	$2,986,272
Fidelity Advisor Series Equity Value Fund	6,526,095	795,975	3,737,583(a)	363,902	466,116	(608,651)	3,441,952
Fidelity Advisor Series Growth & Income Fund	4,502,313	2,735,209(a)	2,176,109	319,321	59,960	145,824	5,267,197
Fidelity Advisor Series Growth Opportunities Fund	2,377,485	399,771	1,122,669	191,721	175,234	133,271	1,963,092
Fidelity Advisor Series Opportunistic Insights Fund	3,365,394	707,674	1,614,411	410,214	510,285	(159,654)	2,809,288
Fidelity Advisor Series Short-Term Credit Fund	15,074,623	1,277,646	4,104,783	200,579	(2,393)	(5,281)	--
Fidelity Advisor Series Small Cap Fund	1,822,727	272,835	679,358	100,884	73,654	7,785	1,497,643
Fidelity Advisor Series Stock Selector Large Cap Value Fund	4,345,160	683,345	1,459,493	300,859	214,692	(309,447)	3,474,257
Fidelity Series 100 Index Fund	1,864,666	189,000	753,834	33,205	168,151	12,392	1,480,375
Fidelity Series 1000 Value Index Fund	723,143	89,827	246,625	25,236	31,561	(12,699)	585,207
Fidelity Series All-Sector Equity Fund	2,529,199	524,729	1,004,659	303,242	139,355	(137,904)	2,050,720
Fidelity Series Canada Fund	--	658,009	106,663	6,377	1,826	(17,054)	536,118
Fidelity Series Commodity Strategy Fund	3,784,080	1,460,476	852,803	23,794	(133,738)	279,641	4,537,656
Fidelity Series Emerging Markets Debt Fund	1,696,529	251,527	253,346	119,275	130	(24,553)	1,670,287
Fidelity Series Emerging Markets Fund	10,546,969	991,779	7,025,062	207,941	1,359,331	703,886	6,576,903
Fidelity Series Floating Rate High Income Fund	556,274	81,629	105,562	26,524	(2,493)	1,892	531,740
Fidelity Series Government Money Market Fund 1.67%	47,143,634	10,553,303	8,316,574	522,175	--	--	49,380,363
Fidelity Series High Income Fund	3,245,598	503,398	601,208	195,220	(8,025)	(17,578)	3,122,185
Fidelity Series Inflation-Protected Bond Index Fund	8,414,121	1,381,562	1,601,176	170,586	(25,767)	(112,309)	8,056,431
Fidelity Series International Credit Fund	--	112,095	--	1,372	--	(57)	111,314
Fidelity Series International Growth Fund	5,929,825	904,677	2,176,321	179,766	226,074	685,177	5,569,432
Fidelity Series International Small Cap Fund	1,335,728	278,337	512,928	85,108	45,887	238,177	1,385,201
Fidelity Series International Value Fund	5,944,546	1,045,443	2,084,647	179,809	167,982	388,904	5,462,228
Fidelity Series Investment Grade Bond Fund	83,657,371	13,500,460	15,000,451	2,409,109	(9,027)	(964,772)	81,183,581
Fidelity Series Long-Term Treasury Bond Index Fund	80,695	5,057,603	506,094	77,337	(14,381)	(107,988)	4,509,835
Fidelity Series Real Estate Equity Fund	430,986	84,602	126,376	19,865	6,897	(37,828)	358,281
Fidelity Series Real Estate Income Fund	1,112,586	171,570	198,588	67,839	1,529	(37,179)	1,049,918
Fidelity Series Short-Term Credit Fund	--	398,263	381,543	43,769	(1,107)	(111,668)	12,143,757
Fidelity Series Small Cap Opportunities Fund	2,184,630	389,282	769,786	199,213	136,053	(124,590)	1,815,589
	$222,816,800	$46,296,397	$59,267,986	$7,260,799	$3,953,080	$(240,745)	$213,556,822

(a) Includes the value of shares purchased or redeemed through in-kind transactions, as applicable. See the Notes to Financial Statements for additional details.

Investment Valuation

	Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Other Short-Term Investments	$9,989	$--	$9,989	$--
Domestic Equity Funds	32,267,529	32,267,529	--	--
International Equity Funds	19,529,882	19,529,882	--	--
Bond Funds	100,235,291	100,235,291	--	--
Short-Term Funds	61,558,633	61,558,633	--	--
Total Investments in Securities:	$213,601,324	$213,591,335	$9,989	$--

See accompanying notes which are an integral part of the financial statements.

Fidelity Advisor Freedom® Income Fund

Financial Statements

Statement of Assets and Liabilities

		March 31, 2018
Assets
Investment in securities, at value — See accompanying schedule: Unaffiliated issuers (cost $9,990)	$9,989
Fidelity Central Funds (cost $34,513)	34,513
Affiliated issuers (cost $199,970,698)	213,556,822
Total Investment in Securities (cost $200,015,201)		$213,601,324
Cash		11,489
Receivable for investments sold		129,465
Receivable for fund shares sold		143,457
Distributions receivable from Fidelity Central Funds		46
Total assets		213,885,781
Liabilities
Payable for investments purchased	$190,500
Payable for fund shares redeemed	81,843
Accrued management fee	82,832
Distribution and service plan fees payable	43,086
Total liabilities		398,261
Net Assets		$213,487,520
Net Assets consist of:
Paid in capital		$197,018,575
Undistributed net investment income		253,088
Accumulated undistributed net realized gain (loss) on investments		2,629,734
Net unrealized appreciation (depreciation) on investments		13,586,123
Net Assets		$213,487,520
Calculation of Maximum Offering Price
Class A:
Net Asset Value and redemption price per share ($76,140,975 ÷ 6,914,770 shares)		$11.01
Maximum offering price per share (100/94.25 of $11.01)		$11.68
Class M:
Net Asset Value and redemption price per share ($38,204,271 ÷ 3,472,935 shares)		$11.00
Maximum offering price per share (100/96.50 of $11.00)		$11.40
Class C:
Net Asset Value and offering price per share ($13,726,904 ÷ 1,250,310 shares)^(a)		$10.98
Class I:
Net Asset Value, offering price and redemption price per share ($83,722,655 ÷ 7,578,814 shares)		$11.05
Class Z6:
Net Asset Value, offering price and redemption price per share ($1,692,715 ÷ 153,305 shares)		$11.04

(a) Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

See accompanying notes which are an integral part of the financial statements.

Statement of Operations

		Year ended March 31, 2018
Investment Income
Dividends:
Affiliated issuers		$4,404,331
Interest		25
Income from Fidelity Central Funds		94
Total income		4,404,450
Expenses
Management fee	$838,601
Distribution and service plan fees	536,099
Independent trustees' fees and expenses	803
Total expenses before reductions	1,375,503
Expense reductions	(153)	1,375,350
Net investment income (loss)		3,029,100
Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment securities:
Affiliated issuers	3,953,080
Futures contracts	5,819
Realized gain distributions from underlying funds:
Affiliated issuers	2,856,468
Total net realized gain (loss)		6,815,367
Change in net unrealized appreciation (depreciation) on:
Investment securities:
Unaffiliated issuers	(1)
Other affiliated issuers	(240,745)
Total change in net unrealized appreciation (depreciation)		(240,746)
Net gain (loss)		6,574,621
Net increase (decrease) in net assets resulting from operations		$9,603,721

See accompanying notes which are an integral part of the financial statements.

Statement of Changes in Net Assets

	Year ended March 31, 2018	Year ended March 31, 2017
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$3,029,100	$3,413,880
Net realized gain (loss)	6,815,367	2,794,177
Change in net unrealized appreciation (depreciation)	(240,746)	6,889,975
Net increase (decrease) in net assets resulting from operations	9,603,721	13,098,032
Distributions to shareholders from net investment income	(2,967,012)	(3,407,660)
Distributions to shareholders from net realized gain	(5,087,952)	(3,107,675)
Total distributions	(8,054,964)	(6,515,335)
Share transactions - net increase (decrease)	(10,830,864)	(24,761,777)
Total increase (decrease) in net assets	(9,282,107)	(18,179,080)
Net Assets
Beginning of period	222,769,627	240,948,707
End of period	$213,487,520	$222,769,627
Other Information
Undistributed net investment income end of period	$253,088	$190,998

See accompanying notes which are an integral part of the financial statements.

Financial Highlights

Fidelity Advisor Freedom Income Fund Class A

Years ended March 31,	2018	2017	2016	2015	2014
Selected Per–Share Data
Net asset value, beginning of period	$10.94	$10.64	$11.07	$11.20	$11.21
Income from Investment Operations
Net investment income (loss)^A	.15	.16	.18	.16	.12
Net realized and unrealized gain (loss)	.34	.44	(.25)	.24	.28
Total from investment operations	.49	.60	(.07)	.40	.40
Distributions from net investment income	(.15)	(.16)^B	(.18)	(.17)	(.12)
Distributions from net realized gain	(.26)	(.14)^B	(.19)	(.36)	(.29)
Total distributions	(.42)^C	(.30)	(.36)^D	(.53)	(.41)
Net asset value, end of period	$11.01	$10.94	$10.64	$11.07	$11.20
Total Return^E,^F	4.47%	5.74%	(.59)%	3.65%	3.65%
Ratios to Average Net Assets^G,^H
Expenses before reductions	.63%	.25%	.25%	.25%	.25%
Expenses net of fee waivers, if any	.63%	.25%	.25%	.25%	.25%
Expenses net of all reductions	.63%	.25%	.25%	.25%	.25%
Net investment income (loss)	1.38%	1.47%	1.63%	1.48%	1.10%
Supplemental Data
Net assets, end of period (000 omitted)	$76,141	$87,983	$99,211	$124,755	$147,818
Portfolio turnover rate^G	21%	38%	30%	38%	36%