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 811-02676
Fidelity School Street Trust
(Exact name of registrant as specified in charter)
245 Summer St., Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)
Margaret Carey, 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: | December 31 |
Date of reporting period: | December 31, 2023 |
Item 1.
Reports to Stockholders
Contents
Average Annual Total Returns | |||
Periods ended December 31, 2023 | Past 1 year | Past 5 years | Life of Fund A |
Class A (incl. 4.00% sales charge) | 6.97% | 9.29% | 7.13% |
Class M (incl. 4.00% sales charge) | 6.98% | 9.33% | 7.15% |
Class C (incl. contingent deferred sales charge) | 9.61% | 9.37% | 6.88% |
Fidelity® Multi-Asset Income Fund | 11.72% | 10.49% | 7.94% |
Class I | 11.70% | 10.46% | 7.92% |
Class Z | 11.81% | 10.57% | 7.99% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity Advisor® Multi-Asset Income Fund - Class A, a class of the fund, on September 9, 2015, and the current 4.00% sales charge was paid. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg U.S. Aggregate Bond Index performed over the same period. |
Top Bond Issuers (% of Fund's net assets) | ||
(with maturities greater than one year) | ||
U.S. Treasury Obligations | 37.6 | |
Microsoft Corp. | 2.7 | |
DHT Holdings, Inc. | 2.4 | |
Uber Technologies, Inc. | 2.0 | |
JPMorgan Chase & Co. | 1.7 | |
Amazon.com, Inc. | 1.5 | |
Energy Transfer LP | 1.4 | |
Bass Pro Group LLC | 1.2 | |
Petroleos Mexicanos | 1.2 | |
Alphabet, Inc. | 1.2 | |
52.9 | ||
Market Sectors (% of Fund's net assets) | ||
Energy | 10.6 | |
Information Technology | 9.2 | |
Consumer Discretionary | 9.1 | |
Financials | 6.8 | |
Industrials | 6.7 | |
Health Care | 4.8 | |
Communication Services | 4.2 | |
Materials | 3.7 | |
Consumer Staples | 2.7 | |
Utilities | 2.2 | |
Real Estate | 1.8 | |
Quality Diversification (% of Fund's net assets) |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Written options - (0.1)% |
Corporate Bonds - 13.2% | |||
Principal Amount (a) | Value ($) | ||
Convertible Bonds - 0.6% | |||
COMMUNICATION SERVICES - 0.2% | |||
Media - 0.2% | |||
DISH Network Corp. 3.375% 8/15/26 | 11,380,000 | 6,031,400 | |
REAL ESTATE - 0.2% | |||
Real Estate Management & Development - 0.2% | |||
Redfin Corp. 0.5% 4/1/27 | 6,943,000 | 4,456,712 | |
UTILITIES - 0.2% | |||
Independent Power and Renewable Electricity Producers - 0.2% | |||
NextEra Energy Partners LP 0% 11/15/25 (b) | 4,396,000 | 3,839,906 | |
TOTAL CONVERTIBLE BONDS | 14,328,018 | ||
Nonconvertible Bonds - 12.6% | |||
COMMUNICATION SERVICES - 1.7% | |||
Media - 1.7% | |||
Charter Communications Operating LLC/Charter Communications Operating Capital Corp. 3.7% 4/1/51 | 21,506,000 | 13,988,139 | |
Clear Channel International BV 6.625% 8/1/25 (b) | 2,575,000 | 2,587,417 | |
Clear Channel Outdoor Holdings, Inc. 9% 9/15/28 (b) | 4,145,000 | 4,325,162 | |
Gannett Holdings LLC 6% 11/1/26 (b) | 4,685,000 | 4,134,513 | |
Magallanes, Inc.: | |||
5.141% 3/15/52 | 6,645,000 | 5,703,774 | |
5.391% 3/15/62 | 6,720,000 | 5,754,945 | |
Univision Communications, Inc. 4.5% 5/1/29 (b) | 4,315,000 | 3,850,070 | |
40,344,020 | |||
CONSUMER DISCRETIONARY - 1.7% | |||
Automobile Components - 0.2% | |||
Macquarie AirFinance Holdings 8.375% 5/1/28 (b) | 3,650,000 | 3,822,828 | |
Automobiles - 0.4% | |||
Rivian Holdco & Rivian LLC & Rivian Automotive LLC 6 month U.S. LIBOR + 5.620% 11.4932% 10/15/26 (b)(c)(d) | 9,410,000 | 9,381,820 | |
Hotels, Restaurants & Leisure - 0.8% | |||
Affinity Gaming LLC 6.875% 12/15/27 (b) | 5,125,000 | 4,567,572 | |
Churchill Downs, Inc. 6.75% 5/1/31 (b) | 3,830,000 | 3,887,203 | |
Dave & Buster's, Inc. 7.625% 11/1/25 (b) | 4,220,000 | 4,272,750 | |
Ontario Gaming GTA LP 8% 8/1/30 (b) | 4,440,000 | 4,578,750 | |
Scientific Games Corp. 7.5% 9/1/31 (b) | 2,580,000 | 2,691,084 | |
19,997,359 | |||
Specialty Retail - 0.3% | |||
Bath & Body Works, Inc. 7.6% 7/15/37 | 2,515,000 | 2,565,300 | |
LCM Investments Holdings 8.25% 8/1/31 (b) | 3,250,000 | 3,392,039 | |
PetSmart, Inc. / PetSmart Finance Corp. 4.75% 2/15/28 (b) | 995,000 | 938,070 | |
6,895,409 | |||
TOTAL CONSUMER DISCRETIONARY | 40,097,416 | ||
CONSUMER STAPLES - 0.2% | |||
Consumer Staples Distribution & Retail - 0.1% | |||
New Albertsons LP 8.7% 5/1/30 | 2,165,000 | 2,343,613 | |
Personal Care Products - 0.1% | |||
HFC Prestige Products, Inc./HFC Prestige International U.S. LLC 6.625% 7/15/30 (b) | 2,605,000 | 2,676,143 | |
TOTAL CONSUMER STAPLES | 5,019,756 | ||
ENERGY - 2.8% | |||
Oil, Gas & Consumable Fuels - 2.8% | |||
Calumet Specialty Products Partners LP/Calumet Finance Corp. 11% 4/15/25 (b) | 5,285,000 | 5,343,323 | |
Enbridge, Inc. 8.5% 1/15/84 (c) | 2,850,000 | 3,031,391 | |
Northern Oil & Gas, Inc.: | |||
8.125% 3/1/28(b) | 10,370,000 | 10,499,625 | |
8.75% 6/15/31(b) | 6,385,000 | 6,650,600 | |
PBF Holding Co. LLC/PBF Finance Corp. 6% 2/15/28 | 3,050,000 | 2,969,250 | |
Petroleos Mexicanos 6.95% 1/28/60 | 43,010,000 | 28,279,075 | |
Sitio Royalties OP / Sitio Finance Corp. 7.875% 11/1/28 (b) | 8,445,000 | 8,750,878 | |
65,524,142 | |||
FINANCIALS - 0.4% | |||
Financial Services - 0.4% | |||
GGAM Finance Ltd. 8% 6/15/28 (b) | 3,400,000 | 3,517,637 | |
Scientific Games Holdings LP/Scientific Games U.S. Finco, Inc. 6.625% 3/1/30 (b) | 4,630,000 | 4,377,341 | |
7,894,978 | |||
INDUSTRIALS - 1.7% | |||
Commercial Services & Supplies - 0.4% | |||
Brand Energy & Infrastructure Services, Inc. 10.375% 8/1/30 (b) | 3,800,000 | 4,018,614 | |
Neptune BidCo U.S., Inc. 9.29% 4/15/29 (b) | 4,350,000 | 4,045,500 | |
8,064,114 | |||
Ground Transportation - 1.3% | |||
Uber Technologies, Inc. 7.5% 9/15/27 (b) | 29,570,000 | 30,623,579 | |
TOTAL INDUSTRIALS | 38,687,693 | ||
INFORMATION TECHNOLOGY - 1.7% | |||
Communications Equipment - 0.1% | |||
HTA Group Ltd. 7% 12/18/25 (b) | 3,300,000 | 3,241,260 | |
Software - 1.6% | |||
Cloud Software Group, Inc. 9% 9/30/29 (b) | 6,635,000 | 6,306,255 | |
McAfee Corp. 7.375% 2/15/30 (b) | 6,990,000 | 6,383,628 | |
MicroStrategy, Inc. 6.125% 6/15/28 (b) | 17,495,000 | 16,972,599 | |
Veritas U.S., Inc./Veritas Bermuda Ltd. 7.5% 9/1/25 (b) | 8,400,000 | 6,934,792 | |
36,597,274 | |||
TOTAL INFORMATION TECHNOLOGY | 39,838,534 | ||
MATERIALS - 1.5% | |||
Chemicals - 0.4% | |||
LSB Industries, Inc. 6.25% 10/15/28 (b) | 4,079,000 | 3,868,539 | |
Olympus Water U.S. Holding Corp. 7.125% 10/1/27 (b) | 2,800,000 | 2,803,136 | |
W.R. Grace Holding LLC 5.625% 8/15/29 (b) | 4,445,000 | 3,911,409 | |
10,583,084 | |||
Metals & Mining - 1.1% | |||
ATI, Inc.: | |||
5.875% 12/1/27 | 4,343,000 | 4,284,239 | |
7.25% 8/15/30 | 3,750,000 | 3,901,468 | |
Carpenter Technology Corp.: | |||
6.375% 7/15/28 | 2,320,000 | 2,311,295 | |
7.625% 3/15/30 | 4,353,000 | 4,488,730 | |
ERO Copper Corp. 6.5% 2/15/30 (b) | 5,972,000 | 5,268,857 | |
Mineral Resources Ltd. 8% 11/1/27 (b) | 4,895,000 | 5,018,779 | |
25,273,368 | |||
TOTAL MATERIALS | 35,856,452 | ||
REAL ESTATE - 0.4% | |||
Equity Real Estate Investment Trusts (REITs) - 0.4% | |||
MPT Operating Partnership LP/MPT Finance Corp. 5% 10/15/27 | 4,595,000 | 3,753,280 | |
VICI Properties LP 5.125% 5/15/32 | 4,632,000 | 4,515,290 | |
8,268,570 | |||
UTILITIES - 0.5% | |||
Electric Utilities - 0.5% | |||
Southern Co. 4% 1/15/51 (c) | 5,700,000 | 5,419,805 | |
Vistra Operations Co. LLC: | |||
5.625% 2/15/27(b) | 3,125,000 | 3,082,481 | |
7.75% 10/15/31(b) | 3,800,000 | 3,946,638 | |
12,448,924 | |||
TOTAL NONCONVERTIBLE BONDS | 293,980,485 | ||
TOTAL CORPORATE BONDS (Cost $297,740,681) | 308,308,503 | ||
U.S. Treasury Obligations - 37.6% | |||
Principal Amount (a) | Value ($) | ||
U.S. Treasury Bonds 3.875% 2/15/43 | 255,243,000 | 243,358,246 | |
U.S. Treasury Notes: | |||
3.5% 4/30/30 | 237,451,000 | 232,080,526 | |
4% 6/30/28 | 80,608,000 | 80,988,999 | |
4.125% 7/31/28 | 189,659,000 | 191,614,858 | |
4.125% 11/15/32 | 130,584,000 | 132,736,596 | |
TOTAL U.S. TREASURY OBLIGATIONS (Cost $868,867,502) | 880,779,225 | ||
Commercial Mortgage Securities - 0.0% | |||
Principal Amount (a) | Value ($) | ||
BANK Series 2020-BN30 Class MCDG, 2.9182% 12/15/53 (c)(e) (Cost $177,690) | 200,000 | 79,781 | |
Common Stocks - 37.1% | |||
Shares | Value ($) | ||
COMMUNICATION SERVICES - 2.3% | |||
Diversified Telecommunication Services - 0.0% | |||
AT&T, Inc. | 3,040 | 51,011 | |
Verizon Communications, Inc. | 1,921 | 72,422 | |
123,433 | |||
Entertainment - 0.6% | |||
The Walt Disney Co. | 87,400 | 7,891,346 | |
Warner Bros Discovery, Inc. (f) | 455,200 | 5,180,176 | |
13,071,522 | |||
Interactive Media & Services - 1.5% | |||
Alphabet, Inc. Class A (f) | 192,779 | 26,929,299 | |
Meta Platforms, Inc. Class A (f) | 20,900 | 7,397,764 | |
34,327,063 | |||
Media - 0.2% | |||
Comcast Corp. Class A | 133,030 | 5,833,366 | |
Interpublic Group of Companies, Inc. | 902 | 29,441 | |
5,862,807 | |||
Wireless Telecommunication Services - 0.0% | |||
T-Mobile U.S., Inc. | 489 | 78,401 | |
TOTAL COMMUNICATION SERVICES | 53,463,226 | ||
CONSUMER DISCRETIONARY - 5.1% | |||
Automobiles - 0.5% | |||
Stellantis NV (g) | 198,299 | 4,624,333 | |
Tesla, Inc. (f) | 21,800 | 5,416,864 | |
10,041,197 | |||
Broadline Retail - 1.5% | |||
Amazon.com, Inc. (f) | 232,100 | 35,265,274 | |
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 755 | 36,519 | |
Hotels, Restaurants & Leisure - 2.4% | |||
A&W Revenue Royalties Income Fund (g) | 277,700 | 6,524,132 | |
Genius Sports Ltd. (f)(g) | 1,924,565 | 11,893,812 | |
McDonald's Corp. | 19,626 | 5,819,305 | |
Monarch Casino & Resort, Inc. | 75,300 | 5,206,995 | |
Penn Entertainment, Inc. (f) | 358,900 | 9,338,578 | |
Pizza Pizza Royalty Corp. | 942,900 | 10,474,690 | |
Rush Street Interactive, Inc. (f) | 1,079,439 | 4,846,681 | |
Super Group SGHC Ltd. (f) | 866,314 | 2,746,215 | |
56,850,408 | |||
Specialty Retail - 0.3% | |||
Academy Sports & Outdoors, Inc. | 43,425 | 2,866,050 | |
Best Buy Co., Inc. | 186 | 14,560 | |
Burlington Stores, Inc. (f) | 263 | 51,148 | |
Dick's Sporting Goods, Inc. | 28 | 4,115 | |
Lowe's Companies, Inc. | 20,250 | 4,506,638 | |
TJX Companies, Inc. | 1,146 | 107,506 | |
7,550,017 | |||
Textiles, Apparel & Luxury Goods - 0.4% | |||
Columbia Sportswear Co. | 72 | 5,727 | |
NIKE, Inc. Class B | 41,500 | 4,505,655 | |
Tapestry, Inc. | 671 | 24,700 | |
Under Armour, Inc. Class A (sub. vtg.) (f) | 493,800 | 4,340,502 | |
8,876,584 | |||
TOTAL CONSUMER DISCRETIONARY | 118,619,999 | ||
CONSUMER STAPLES - 2.5% | |||
Beverages - 0.5% | |||
Keurig Dr. Pepper, Inc. | 200,775 | 6,689,823 | |
The Coca-Cola Co. | 73,541 | 4,333,771 | |
11,023,594 | |||
Consumer Staples Distribution & Retail - 0.2% | |||
Albertsons Companies, Inc. | 203,405 | 4,678,315 | |
Alimentation Couche-Tard, Inc. Class A (multi-vtg.) | 478 | 28,149 | |
BJ's Wholesale Club Holdings, Inc. (f) | 540 | 35,996 | |
Costco Wholesale Corp. | 45 | 29,704 | |
Dollar Tree, Inc. (f) | 426 | 60,513 | |
Metro, Inc. | 474 | 24,536 | |
Target Corp. | 114 | 16,236 | |
Walmart, Inc. | 814 | 128,327 | |
5,001,776 | |||
Food Products - 1.1% | |||
Bunge Global SA | 347 | 35,030 | |
Flowers Foods, Inc. | 93,200 | 2,097,932 | |
JBS SA | 1,190,400 | 6,104,427 | |
Mondelez International, Inc. | 770 | 55,771 | |
The J.M. Smucker Co. | 54,100 | 6,837,158 | |
Tyson Foods, Inc. Class A | 106,400 | 5,719,000 | |
WK Kellogg Co. | 450,400 | 5,918,256 | |
26,767,574 | |||
Household Products - 0.0% | |||
Procter & Gamble Co. | 878 | 128,662 | |
Personal Care Products - 0.7% | |||
Estee Lauder Companies, Inc. Class A | 121 | 17,696 | |
Kenvue, Inc. | 445,879 | 9,599,775 | |
Unilever PLC | 216 | 10,457 | |
Unilever PLC sponsored ADR | 115,900 | 5,618,832 | |
15,246,760 | |||
TOTAL CONSUMER STAPLES | 58,168,366 | ||
ENERGY - 6.0% | |||
Oil, Gas & Consumable Fuels - 6.0% | |||
Antero Midstream GP LP (g) | 359,100 | 4,499,523 | |
Canadian Natural Resources Ltd. | 936 | 61,322 | |
Canadian Natural Resources Ltd. (g) | 132,900 | 8,707,608 | |
ConocoPhillips Co. | 903 | 104,811 | |
DHT Holdings, Inc. | 5,765,228 | 56,556,887 | |
Energy Transfer LP | 336,500 | 4,643,700 | |
Enterprise Products Partners LP | 175,670 | 4,628,905 | |
Exxon Mobil Corp. | 75,206 | 7,519,096 | |
Freehold Royalties Ltd. (g) | 404,900 | 4,183,300 | |
Frontline PLC (NY Shares) (g) | 464,400 | 9,311,220 | |
Hess Corp. | 409 | 58,961 | |
Hess Midstream LP | 148,400 | 4,693,892 | |
Imperial Oil Ltd. | 1,042 | 59,356 | |
MPLX LP | 127,100 | 4,667,112 | |
Northern Oil & Gas, Inc. | 169,100 | 6,268,537 | |
Phillips 66 Co. | 275 | 36,614 | |
Scorpio Tankers, Inc. | 146,150 | 8,885,920 | |
Sitio Royalties Corp. | 245,023 | 5,760,491 | |
Southwestern Energy Co. (f) | 697,600 | 4,569,280 | |
Targa Resources Corp. | 53,800 | 4,673,606 | |
Valero Energy Corp. | 211 | 27,430 | |
139,917,571 | |||
FINANCIALS - 1.9% | |||
Banks - 1.9% | |||
Bank of America Corp. | 356,417 | 12,000,560 | |
Huntington Bancshares, Inc. | 4,530 | 57,622 | |
JPMorgan Chase & Co. (h) | 65,342 | 11,114,674 | |
M&T Bank Corp. | 471 | 64,565 | |
PNC Financial Services Group, Inc. | 78,001 | 12,078,455 | |
U.S. Bancorp | 201,476 | 8,719,881 | |
Wells Fargo & Co. | 3,247 | 159,817 | |
44,195,574 | |||
Capital Markets - 0.0% | |||
BlackRock, Inc. Class A | 82 | 66,568 | |
Consumer Finance - 0.0% | |||
Capital One Financial Corp. | 405 | 53,104 | |
Financial Services - 0.0% | |||
Edenred SA | 598 | 35,741 | |
Visa, Inc. Class A | 205 | 53,372 | |
89,113 | |||
Insurance - 0.0% | |||
American Financial Group, Inc. | 389 | 46,248 | |
Chubb Ltd. | 572 | 129,272 | |
Hartford Financial Services Group, Inc. | 1,111 | 89,302 | |
Marsh & McLennan Companies, Inc. | 336 | 63,662 | |
The Travelers Companies, Inc. | 426 | 81,149 | |
409,633 | |||
TOTAL FINANCIALS | 44,813,992 | ||
HEALTH CARE - 4.6% | |||
Biotechnology - 0.8% | |||
Gilead Sciences, Inc. | 82,624 | 6,693,370 | |
Moderna, Inc. (f) | 104,000 | 10,342,800 | |
17,036,170 | |||
Health Care Providers & Services - 1.1% | |||
Centene Corp. (f) | 75,700 | 5,617,697 | |
Cigna Group | 314 | 94,027 | |
CVS Health Corp. | 116,900 | 9,230,424 | |
Laboratory Corp. of America Holdings | 22,000 | 5,000,380 | |
UnitedHealth Group, Inc. | 11,448 | 6,027,029 | |
25,969,557 | |||
Life Sciences Tools & Services - 0.6% | |||
Danaher Corp. | 33,652 | 7,785,054 | |
Thermo Fisher Scientific, Inc. | 12,400 | 6,581,796 | |
14,366,850 | |||
Pharmaceuticals - 2.1% | |||
AstraZeneca PLC (United Kingdom) | 55,492 | 7,485,311 | |
Bristol-Myers Squibb Co. | 127,443 | 6,539,100 | |
Eli Lilly & Co. | 23,772 | 13,857,174 | |
Johnson & Johnson | 33,530 | 5,255,492 | |
Merck & Co., Inc. | 64,197 | 6,998,757 | |
Roche Holding AG: | |||
(participation certificate) | 328 | 95,347 | |
sponsored ADR | 240,600 | 8,716,938 | |
Royalty Pharma PLC | 1,410 | 39,607 | |
Sanofi SA | 982 | 97,584 | |
49,085,310 | |||
TOTAL HEALTH CARE | 106,457,887 | ||
INDUSTRIALS - 4.1% | |||
Aerospace & Defense - 1.1% | |||
General Dynamics Corp. | 22,946 | 5,958,388 | |
Huntington Ingalls Industries, Inc. | 24,496 | 6,360,141 | |
Lockheed Martin Corp. | 15,000 | 6,798,600 | |
Northrop Grumman Corp. | 12,638 | 5,916,353 | |
The Boeing Co. (f) | 587 | 153,007 | |
25,186,489 | |||
Air Freight & Logistics - 0.2% | |||
United Parcel Service, Inc. Class B | 26,263 | 4,129,331 | |
Building Products - 0.4% | |||
Carrier Global Corp. | 84,300 | 4,843,035 | |
Johnson Controls International PLC | 86,165 | 4,966,551 | |
9,809,586 | |||
Commercial Services & Supplies - 0.0% | |||
GFL Environmental, Inc. | 522 | 18,007 | |
Veralto Corp. | 208 | 17,110 | |
35,117 | |||
Construction & Engineering - 0.2% | |||
Willscot Mobile Mini Holdings (f) | 130,300 | 5,798,350 | |
Electrical Equipment - 0.6% | |||
AMETEK, Inc. | 423 | 69,748 | |
Babcock & Wilcox Enterprises, Inc. (f) | 733,363 | 1,070,710 | |
Eaton Corp. PLC | 29,100 | 7,007,862 | |
Regal Rexnord Corp. | 33,629 | 4,977,765 | |
13,126,085 | |||
Ground Transportation - 0.5% | |||
CSX Corp. | 208,200 | 7,218,294 | |
Uber Technologies, Inc. (f)(h) | 70,000 | 4,309,900 | |
11,528,194 | |||
Industrial Conglomerates - 0.0% | |||
General Electric Co. | 1,137 | 145,115 | |
Hitachi Ltd. | 376 | 27,046 | |
Siemens AG | 224 | 42,024 | |
214,185 | |||
Machinery - 0.6% | |||
Crane Co. | 507 | 59,897 | |
Fortive Corp. | 56,729 | 4,176,956 | |
Hillenbrand, Inc. | 18,985 | 908,432 | |
ITT, Inc. | 39,317 | 4,691,304 | |
Stanley Black & Decker, Inc. | 57,200 | 5,611,320 | |
15,447,909 | |||
Passenger Airlines - 0.3% | |||
Alaska Air Group, Inc. (f) | 181,893 | 7,106,560 | |
Professional Services - 0.2% | |||
Clarivate Analytics PLC (f)(g) | 465,200 | 4,307,752 | |
Experian PLC | 526 | 21,458 | |
KBR, Inc. | 605 | 33,523 | |
Paychex, Inc. | 66 | 7,861 | |
4,370,594 | |||
Trading Companies & Distributors - 0.0% | |||
Watsco, Inc. | 116 | 49,703 | |
TOTAL INDUSTRIALS | 96,802,103 | ||
INFORMATION TECHNOLOGY - 6.7% | |||
Communications Equipment - 0.3% | |||
Cisco Systems, Inc. | 118,081 | 5,965,452 | |
Electronic Equipment, Instruments & Components - 0.0% | |||
Crane Nxt Co. | 377 | 21,440 | |
IT Services - 0.0% | |||
Accenture PLC Class A | 204 | 71,586 | |
Amdocs Ltd. | 860 | 75,585 | |
GTT Communications, Inc. (e) | 1,508 | 52,976 | |
200,147 | |||
Semiconductors & Semiconductor Equipment - 2.0% | |||
Advanced Micro Devices, Inc. (f) | 66,900 | 9,861,729 | |
Analog Devices, Inc. | 360 | 71,482 | |
NVIDIA Corp. | 45,050 | 22,309,661 | |
NXP Semiconductors NV | 34,060 | 7,822,901 | |
ON Semiconductor Corp. (f) | 94,300 | 7,876,879 | |
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR | 975 | 101,400 | |
48,044,052 | |||
Software - 3.3% | |||
Gen Digital, Inc. | 120,145 | 2,741,709 | |
Microsoft Corp. (h) | 170,595 | 64,150,544 | |
Roper Technologies, Inc. | 10,594 | 5,775,531 | |
Zoom Video Communications, Inc. Class A (f) | 70,300 | 5,055,273 | |
77,723,057 | |||
Technology Hardware, Storage & Peripherals - 1.1% | |||
Apple, Inc. (h) | 134,758 | 25,944,958 | |
Samsung Electronics Co. Ltd. | 1,553 | 94,150 | |
Seagate Technology Holdings PLC | 140 | 11,952 | |
26,051,060 | |||
TOTAL INFORMATION TECHNOLOGY | 158,005,208 | ||
MATERIALS - 2.2% | |||
Chemicals - 0.7% | |||
CF Industries Holdings, Inc. | 74,500 | 5,922,750 | |
Linde PLC | 458 | 188,105 | |
Nutrien Ltd. | 104,600 | 5,892,118 | |
The Mosaic Co. | 156,700 | 5,598,891 | |
17,601,864 | |||
Containers & Packaging - 0.7% | |||
Ball Corp. | 831 | 47,799 | |
Crown Holdings, Inc. | 94,312 | 8,685,192 | |
International Paper Co. | 201,800 | 7,295,070 | |
16,028,061 | |||
Metals & Mining - 0.8% | |||
Agnico Eagle Mines Ltd. (United States) (g) | 87,600 | 4,804,860 | |
ATI, Inc. (f) | 95,300 | 4,333,291 | |
Freeport-McMoRan, Inc. | 2,921 | 124,347 | |
Newmont Corp. | 116,300 | 4,813,657 | |
Wheaton Precious Metals Corp. | 97,226 | 4,796,546 | |
18,872,701 | |||
TOTAL MATERIALS | 52,502,626 | ||
REAL ESTATE - 1.2% | |||
Equity Real Estate Investment Trusts (REITs) - 1.2% | |||
American Tower Corp. | 253 | 54,618 | |
Crown Castle International Corp. | 56,900 | 6,554,311 | |
Digital Realty Trust, Inc. | 20,000 | 2,691,600 | |
Lamar Advertising Co. Class A | 757 | 80,454 | |
Postal Realty Trust, Inc. | 224,094 | 3,262,809 | |
Public Storage | 154 | 46,970 | |
Simon Property Group, Inc. | 56,100 | 8,002,104 | |
Ventas, Inc. | 147,800 | 7,366,352 | |
28,059,218 | |||
UTILITIES - 0.5% | |||
Electric Utilities - 0.5% | |||
Constellation Energy Corp. | 47,443 | 5,545,612 | |
Exelon Corp. | 801 | 28,756 | |
FirstEnergy Corp. | 653 | 23,939 | |
NextEra Energy, Inc. | 107,412 | 6,524,205 | |
PG&E Corp. | 1,726 | 31,120 | |
Southern Co. | 959 | 67,245 | |
12,220,877 | |||
Independent Power and Renewable Electricity Producers - 0.0% | |||
Vistra Corp. | 545 | 20,993 | |
Multi-Utilities - 0.0% | |||
Ameren Corp. | 364 | 26,332 | |
CenterPoint Energy, Inc. | 1,001 | 28,599 | |
Dominion Energy, Inc. | 492 | 23,124 | |
WEC Energy Group, Inc. | 369 | 31,059 | |
109,114 | |||
TOTAL UTILITIES | 12,350,984 | ||
TOTAL COMMON STOCKS (Cost $746,650,073) | 869,161,180 | ||
Nonconvertible Preferred Stocks - 0.4% | |||
Shares | Value ($) | ||
ENERGY - 0.3% | |||
Oil, Gas & Consumable Fuels - 0.3% | |||
Enbridge, Inc. Series L, U.S. TREASURY 5 YEAR INDEX + 3.150% 4.959% (c)(d) | 110,300 | 2,100,112 | |
Energy Transfer LP 7.60% (c) | 220,016 | 5,467,398 | |
7,567,510 | |||
INDUSTRIALS - 0.1% | |||
Electrical Equipment - 0.1% | |||
Babcock & Wilcox Enterprises, Inc. 8.125% | 149,087 | 2,937,014 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS (Cost $11,357,158) | 10,504,524 | ||
Bank Loan Obligations - 4.3% | |||
Principal Amount (a) | Value ($) | ||
CONSUMER DISCRETIONARY - 2.3% | |||
Broadline Retail - 1.2% | |||
Bass Pro Group LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.750% 9.2204% 3/5/28 (c)(d)(i) | 28,750,085 | 28,721,335 | |
Hotels, Restaurants & Leisure - 1.1% | |||
City Football Group Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 8.4704% 7/21/28 (c)(d)(i) | 6,097,833 | 6,054,660 | |
Fertitta Entertainment LLC NV Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.000% 9.356% 1/27/29 (c)(d)(i) | 6,328,954 | 6,327,625 | |
Four Seasons Hotels Ltd. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.956% 11/30/29 (c)(d)(i) | 13,677,190 | 13,714,802 | |
26,097,087 | |||
TOTAL CONSUMER DISCRETIONARY | 54,818,422 | ||
FINANCIALS - 0.2% | |||
Capital Markets - 0.2% | |||
Citadel Securities LP Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 2.500% 7.9704% 7/25/30 (c)(d)(i) | 3,391,690 | 3,395,929 | |
HEALTH CARE - 0.2% | |||
Health Care Technology - 0.2% | |||
Athenahealth Group, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.500% 8.606% 2/15/29 (c)(d)(i) | 3,945,400 | 3,923,700 | |
INDUSTRIALS - 0.8% | |||
Air Freight & Logistics - 0.1% | |||
Echo Global Logistics, Inc.: | |||
1LN, term loan CME Term SOFR 3 Month Index + 4.750% 10.1981% 11/23/28 (c)(d)(e)(i) | 1,876,250 | 1,876,250 | |
2LN, term loan CME Term SOFR 3 Month Index + 7.000% 12.4832% 11/23/29 (c)(d)(e)(i) | 655,000 | 652,380 | |
2,528,630 | |||
Construction & Engineering - 0.2% | |||
Breakwater Energy Partners, LLC Tranche B 1LN, term loan 11.25% 9/1/26 (c)(d)(e)(i) | 4,548,091 | 4,406,190 | |
Ground Transportation - 0.5% | |||
Uber Technologies, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 8.1346% 3/3/30 (c)(d)(i) | 11,763,437 | 11,791,669 | |
TOTAL INDUSTRIALS | 18,726,489 | ||
INFORMATION TECHNOLOGY - 0.8% | |||
Software - 0.8% | |||
Project Alpha Intermediate Holding, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 4.750% 10.0929% 10/26/30 (c)(d)(i) | 3,700,000 | 3,712,321 | |
Proofpoint, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.250% 8.7128% 8/31/28 (c)(d)(i) | 4,454,120 | 4,449,487 | |
RealPage, Inc. Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 8.4628% 4/22/28 (c)(d)(i) | 1,892,107 | 1,874,851 | |
Sophia LP Tranche B 1LN, term loan CME Term SOFR 3 Month Index + 3.500% 8.956% 10/7/27 (c)(d)(i) | 2,736,005 | 2,738,577 | |
Ukg, Inc. 1LN, term loan: | |||
CME Term SOFR 1 Month Index + 4.500% 9.9882% 5/4/26 (c)(d)(i) | 233,825 | 234,410 | |
CME Term SOFR 3 Month Index + 3.250% 8.7643% 5/4/26 (c)(d)(i) | 3,952,051 | 3,958,493 | |
VS Buyer LLC Tranche B 1LN, term loan CME Term SOFR 1 Month Index + 3.000% 8.706% 2/28/27 (c)(d)(i) | 2,592,826 | 2,596,067 | |
19,564,206 | |||
TOTAL BANK LOAN OBLIGATIONS (Cost $99,867,102) | 100,428,746 | ||
Preferred Securities - 5.8% | |||
Principal Amount (a) | Value ($) | ||
ENERGY - 1.5% | |||
Oil, Gas & Consumable Fuels - 1.5% | |||
Energy Transfer LP: | |||
3 month U.S. LIBOR + 4.020% 9.6693% (c)(d)(j) | 13,510,000 | 13,144,397 | |
6.5% (c)(j) | 2,450,000 | 2,348,749 | |
6.625% (c)(j) | 5,700,000 | 4,902,077 | |
7.125% (c)(j) | 3,615,000 | 3,364,403 | |
Plains All American Pipeline LP CME Term SOFR 3 Month Index + 4.110% 9.7513% (c)(d)(j) | 11,825,000 | 11,576,449 | |
35,336,075 | |||
FINANCIALS - 3.3% | |||
Banks - 2.5% | |||
Bank of America Corp.: | |||
CME Term SOFR 3 Month Index + 3.390% 8.7737% (c)(d)(j) | 3,900,000 | 3,931,066 | |
6.25% (c)(j) | 3,585,000 | 3,624,616 | |
6.5% (c)(j) | 6,170,000 | 6,216,801 | |
Citigroup, Inc.: | |||
7.625% (c)(j) | 3,000,000 | 3,126,790 | |
9.1073% (c)(d)(j) | 3,700,000 | 3,753,243 | |
JPMorgan Chase & Co.: | |||
CME Term SOFR 3 Month Index + 2.840% 8.2187% (c)(d)(j) | 13,730,000 | 13,870,082 | |
4.6% (c)(j) | 5,910,000 | 5,812,160 | |
5% (c)(j) | 5,788,000 | 5,802,781 | |
6.125% (c)(j) | 4,620,000 | 4,627,555 | |
Wells Fargo & Co.: | |||
5.9% (c)(j) | 4,350,000 | 4,316,061 | |
7.625% (c)(j) | 4,000,000 | 4,200,425 | |
59,281,580 | |||
Capital Markets - 0.7% | |||
Charles Schwab Corp. 5.375% (c)(j) | 4,805,000 | 4,760,301 | |
Goldman Sachs Group, Inc. CME Term SOFR 3 Month Index + 3.130% 8.5047% (c)(d)(j) | 3,520,000 | 3,565,002 | |
Morgan Stanley 5.875% (c)(j) | 3,220,000 | 3,132,671 | |
State Street Corp. CME Term SOFR 3 Month Index + 2.530% 8.1852% (c)(d)(j) | 5,065,000 | 5,040,259 | |
16,498,233 | |||
Consumer Finance - 0.1% | |||
Ally Financial, Inc. 4.7% (c)(j) | 3,210,000 | 2,197,117 | |
TOTAL FINANCIALS | 77,976,930 | ||
UTILITIES - 1.0% | |||
Electric Utilities - 0.2% | |||
Duke Energy Corp. 4.875% (c)(j) | 4,775,000 | 4,768,544 | |
Independent Power and Renewable Electricity Producers - 0.4% | |||
Vistra Corp.: | |||
7% (b)(c)(j) | 5,995,000 | 5,924,570 | |
8% (b)(c)(j) | 2,885,000 | 2,920,975 | |
8,845,545 | |||
Multi-Utilities - 0.4% | |||
Dominion Energy, Inc. 4.65% (c)(j) | 5,455,000 | 5,195,820 | |
Sempra 4.875% (c)(j) | 3,515,000 | 3,474,640 | |
8,670,460 | |||
TOTAL UTILITIES | 22,284,549 | ||
TOTAL PREFERRED SECURITIES (Cost $131,620,828) | 135,597,554 | ||
Other - 1.0% | |||
Shares | Value ($) | ||
Other - 1.0% | |||
Fidelity Private Credit Central Fund LLC (k)(l) (Cost $23,787,179) | 2,393,014 | 24,121,580 | |
Money Market Funds - 1.8% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.40% (m) | 15,235,251 | 15,238,298 | |
Fidelity Securities Lending Cash Central Fund 5.40% (m)(n) | 27,527,185 | 27,529,938 | |
TOTAL MONEY MARKET FUNDS (Cost $42,768,236) | 42,768,236 | ||
TOTAL INVESTMENT IN SECURITIES - 101.2% (Cost $2,222,836,449) | 2,371,749,329 |
NET OTHER ASSETS (LIABILITIES) - (1.2)% | (28,430,778) |
NET ASSETS - 100.0% | 2,343,318,551 |
Written Options | ||||||
Counterparty | Number of Contracts | Notional Amount ($) | Exercise Price ($) | Expiration Date | Value ($) | |
Call Options | ||||||
Apple, Inc. | Chicago Board Options Exchange | 495 | 9,530,235 | 195.00 | 02/16/24 | (256,163) |
JPMorgan Chase & Co. | Chicago Board Options Exchange | 100 | 1,701,000 | 155.00 | 01/19/24 | (153,250) |
Microsoft Corp. | Chicago Board Options Exchange | 792 | 29,782,368 | 360.00 | 01/19/24 | (1,469,160) |
Uber Technologies, Inc. | Chicago Board Options Exchange | 200 | 1,231,400 | 50.00 | 01/19/24 | (235,500) |
Uber Technologies, Inc. | Chicago Board Options Exchange | 500 | 3,078,500 | 52.50 | 01/19/24 | (465,000) |
TOTAL WRITTEN OPTIONS | (2,579,073) |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $213,356,342 or 9.1% of net assets. |
(c) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(d) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(e) | Level 3 security |
(f) | Non-income producing |
(g) | Security or a portion of the security is on loan at period end. |
(h) | Security or a portion of the security is pledged as collateral for options written. At period end, the value of securities pledged amounted to $45,323,503. |
(i) | Remaining maturities of bank loan obligations may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty. |
(j) | Security is perpetual in nature with no stated maturity date. |
(k) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. |
(l) | Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $24,121,580 or 1.0% of net assets. |
(m) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(n) | Investment made with cash collateral received from securities on loan. |
Additional information on each restricted holding is as follows: | ||
Security | Acquisition Date | Acquisition Cost ($) |
Fidelity Private Credit Central Fund LLC | 4/28/22 - 12/12/23 | 23,787,179 |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.40% | 18,295,144 | 1,014,805,276 | 1,017,862,122 | 505,696 | - | - | 15,238,298 | 0.0% |
Fidelity Private Credit Central Fund LLC | 13,386,113 | 10,354,772 | - | 2,871,428 | 34,577 | 346,118 | 24,121,580 | 3.6% |
Fidelity Securities Lending Cash Central Fund 5.40% | 30,634,576 | 236,134,585 | 239,239,223 | 158,161 | - | - | 27,529,938 | 0.1% |
Total | 62,315,833 | 1,261,294,633 | 1,257,101,345 | 3,535,285 | 34,577 | 346,118 | 66,889,816 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | 53,463,226 | 53,463,226 | - | - |
Consumer Discretionary | 118,619,999 | 118,619,999 | - | - |
Consumer Staples | 58,168,366 | 58,157,909 | 10,457 | - |
Energy | 147,485,081 | 147,485,081 | - | - |
Financials | 44,813,992 | 44,813,992 | - | - |
Health Care | 106,457,887 | 98,779,645 | 7,678,242 | - |
Industrials | 99,739,117 | 99,648,589 | 90,528 | - |
Information Technology | 158,005,208 | 157,952,232 | - | 52,976 |
Materials | 52,502,626 | 52,502,626 | - | - |
Real Estate | 28,059,218 | 28,059,218 | - | - |
Utilities | 12,350,984 | 12,350,984 | - | - |
Corporate Bonds | 308,308,503 | - | 308,308,503 | - |
U.S. Government and Government Agency Obligations | 880,779,225 | - | 880,779,225 | - |
Commercial Mortgage Securities | 79,781 | - | - | 79,781 |
Bank Loan Obligations | 100,428,746 | - | 93,493,926 | 6,934,820 |
Preferred Securities | 135,597,554 | - | 135,597,554 | - |
Other | 24,121,580 | - | 24,121,580 | - |
Money Market Funds | 42,768,236 | 42,768,236 | - | - |
Total Investments in Securities: | 2,371,749,329 | 914,601,737 | 1,450,080,015 | 7,067,577 |
Derivative Instruments: Liabilities | ||||
Written Options | (2,579,073) | (2,579,073) | - | - |
Total Liabilities | (2,579,073) | (2,579,073) | - | - |
Total Derivative Instruments: | (2,579,073) | (2,579,073) | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Written Options (a) | 0 | (2,579,073) |
Total Equity Risk | 0 | (2,579,073) |
Total Value of Derivatives | 0 | (2,579,073) |
Statement of Assets and Liabilities | ||||
December 31, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $26,632,446) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $2,156,281,034) | $ | 2,304,859,513 | ||
Fidelity Central Funds (cost $66,555,415) | 66,889,816 | |||
Total Investment in Securities (cost $2,222,836,449) | $ | 2,371,749,329 | ||
Cash | 5,699 | |||
Foreign currency held at value (cost $24,503) | 24,503 | |||
Receivable for investments sold | 250,135 | |||
Receivable for fund shares sold | 6,326,845 | |||
Dividends receivable | 1,210,694 | |||
Interest receivable | 18,688,179 | |||
Distributions receivable from Fidelity Central Funds | 381,609 | |||
Prepaid expenses | 1,863 | |||
Other receivables | 11,332 | |||
Total assets | 2,398,650,188 | |||
Liabilities | ||||
Payable for investments purchased | $ | 19,809,106 | ||
Payable for fund shares redeemed | 3,059,527 | |||
Distributions payable | 716,927 | |||
Accrued management fee | 1,027,832 | |||
Distribution and service plan fees payable | 128,227 | |||
Written options, at value (premium received $840,654) | 2,579,073 | |||
Other affiliated payables | 311,291 | |||
Other payables and accrued expenses | 169,872 | |||
Collateral on securities loaned | 27,529,782 | |||
Total Liabilities | 55,331,637 | |||
Commitments and contingent liabilities (see Commitments note) | ||||
Net Assets | $ | 2,343,318,551 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 2,414,041,020 | ||
Total accumulated earnings (loss) | (70,722,469) | |||
Net Assets | $ | 2,343,318,551 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($217,454,061 ÷ 16,286,257 shares)(a) | $ | 13.35 | ||
Maximum offering price per share (100/96.00 of $13.35) | $ | 13.91 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($24,030,827 ÷ 1,797,839 shares)(a) | $ | 13.37 | ||
Maximum offering price per share (100/96.00 of $13.37) | $ | 13.93 | ||
Class C : | ||||
Net Asset Value and offering price per share ($97,311,346 ÷ 7,301,486 shares)(a) | $ | 13.33 | ||
Fidelity Multi-Asset Income Fund : | ||||
Net Asset Value, offering price and redemption price per share ($1,050,521,233 ÷ 78,644,001 shares) | $ | 13.36 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($695,649,023 ÷ 52,091,340 shares) | $ | 13.35 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($258,352,061 ÷ 19,341,472 shares) | $ | 13.36 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended December 31, 2023 | ||||
Investment Income | ||||
Dividends | $ | 32,476,701 | ||
Interest | 68,577,134 | |||
Income from Fidelity Central Funds (including $158,161 from security lending) | 3,511,733 | |||
Total Income | 104,565,568 | |||
Expenses | ||||
Management fee | $ | 11,246,917 | ||
Transfer agent fees | 2,627,565 | |||
Distribution and service plan fees | 1,356,681 | |||
Accounting fees | 755,141 | |||
Custodian fees and expenses | 61,018 | |||
Independent trustees' fees and expenses | 7,188 | |||
Registration fees | 233,422 | |||
Audit | 82,940 | |||
Legal | 6,364 | |||
Interest | 13,748 | |||
Miscellaneous | 46,623 | |||
Total expenses before reductions | 16,437,607 | |||
Expense reductions | (155,879) | |||
Total expenses after reductions | 16,281,728 | |||
Net Investment income (loss) | 88,283,840 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (14,868,215) | |||
Affiliated issuers | 34,577 | |||
Foreign currency transactions | (84,777) | |||
Written options | (4,774,672) | |||
Capital gain distributions from Fidelity Central Funds | 23,552 | |||
Total net realized gain (loss) | (19,669,535) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 153,905,842 | |||
Affiliated issuers | 346,118 | |||
Assets and liabilities in foreign currencies | 6,829 | |||
Written options | (1,738,419) | |||
Total change in net unrealized appreciation (depreciation) | 152,520,370 | |||
Net gain (loss) | 132,850,835 | |||
Net increase (decrease) in net assets resulting from operations | $ | 221,134,675 |
Statement of Changes in Net Assets | ||||
Year ended December 31, 2023 | Year ended December 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 88,283,840 | $ | 64,882,530 |
Net realized gain (loss) | (19,669,535) | (190,308,842) | ||
Change in net unrealized appreciation (depreciation) | 152,520,370 | (142,207,654) | ||
Net increase (decrease) in net assets resulting from operations | 221,134,675 | (267,633,966) | ||
Distributions to shareholders | (88,768,777) | (79,967,145) | ||
Share transactions - net increase (decrease) | 473,148,435 | 192,272,417 | ||
Total increase (decrease) in net assets | 605,514,333 | (155,328,694) | ||
Net Assets | ||||
Beginning of period | 1,737,804,218 | 1,893,132,912 | ||
End of period | $ | 2,343,318,551 | $ | 1,737,804,218 |
Fidelity Advisor® Multi-Asset Income Fund Class A |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.48 | $ | 14.97 | $ | 13.15 | $ | 11.72 | $ | 9.81 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .527 | .440 | .339 | .384 | .293 | |||||
Net realized and unrealized gain (loss) | .874 | (2.378) | 1.923 | 1.464 | 1.922 | |||||
Total from investment operations | 1.401 | (1.938) | 2.262 | 1.848 | 2.215 | |||||
Distributions from net investment income | (.531) | (.448) | (.407) | (.401) | (.298) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.531) | (.552) | (.442) | (.418) | (.305) | |||||
Net asset value, end of period | $ | 13.35 | $ | 12.48 | $ | 14.97 | $ | 13.15 | $ | 11.72 |
Total Return C,D | 11.43% | (13.08)% | 17.40% | 16.26% | 22.84% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.00% | 1.00% | 1.01% | 1.13% | 1.26% | |||||
Expenses net of fee waivers, if any | .99% | 1.00% | 1.01% | 1.10% | 1.10% | |||||
Expenses net of all reductions | .99% | 1.00% | 1.01% | 1.08% | 1.09% | |||||
Net investment income (loss) | 4.09% | 3.34% | 2.35% | 3.27% | 2.69% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 217,454 | $ | 151,549 | $ | 132,537 | $ | 30,583 | $ | 23,438 |
Portfolio turnover rate G | 175% | 256% | 150% | 308% | 298% |
Fidelity Advisor® Multi-Asset Income Fund Class M |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.50 | $ | 14.99 | $ | 13.15 | $ | 11.72 | $ | 9.81 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .531 | .444 | .342 | .383 | .292 | |||||
Net realized and unrealized gain (loss) | .873 | (2.379) | 1.943 | 1.463 | 1.923 | |||||
Total from investment operations | 1.404 | (1.935) | 2.285 | 1.846 | 2.215 | |||||
Distributions from net investment income | (.534) | (.451) | (.410) | (.399) | (.298) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.534) | (.555) | (.445) | (.416) | (.305) | |||||
Net asset value, end of period | $ | 13.37 | $ | 12.50 | $ | 14.99 | $ | 13.15 | $ | 11.72 |
Total Return C,D | 11.44% | (13.05)% | 17.58% | 16.24% | 22.84% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .98% | .99% | .99% | 1.13% | 1.30% | |||||
Expenses net of fee waivers, if any | .97% | .99% | .99% | 1.10% | 1.10% | |||||
Expenses net of all reductions | .97% | .99% | .99% | 1.08% | 1.09% | |||||
Net investment income (loss) | 4.11% | 3.36% | 2.37% | 3.27% | 2.69% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 24,031 | $ | 18,176 | $ | 18,698 | $ | 11,048 | $ | 9,719 |
Portfolio turnover rate G | 175% | 256% | 150% | 308% | 298% |
Fidelity Advisor® Multi-Asset Income Fund Class C |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.46 | $ | 14.94 | $ | 13.13 | $ | 11.70 | $ | 9.80 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .430 | .341 | .231 | .298 | .210 | |||||
Net realized and unrealized gain (loss) | .873 | (2.368) | 1.917 | 1.463 | 1.915 | |||||
Total from investment operations | 1.303 | (2.027) | 2.148 | 1.761 | 2.125 | |||||
Distributions from net investment income | (.433) | (.349) | (.303) | (.314) | (.218) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.433) | (.453) | (.338) | (.331) | (.225) | |||||
Net asset value, end of period | $ | 13.33 | $ | 12.46 | $ | 14.94 | $ | 13.13 | $ | 11.70 |
Total Return C,D | 10.61% | (13.69)% | 16.50% | 15.44% | 21.87% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.75% | 1.76% | 1.76% | 1.84% | 2.13% | |||||
Expenses net of fee waivers, if any | 1.74% | 1.76% | 1.76% | 1.84% | 1.85% | |||||
Expenses net of all reductions | 1.74% | 1.75% | 1.76% | 1.82% | 1.84% | |||||
Net investment income (loss) | 3.34% | 2.59% | 1.60% | 2.53% | 1.94% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 97,311 | $ | 66,028 | $ | 61,356 | $ | 13,015 | $ | 4,634 |
Portfolio turnover rate G | 175% | 256% | 150% | 308% | 298% |
Fidelity® Multi-Asset Income Fund |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.49 | $ | 14.98 | $ | 13.15 | $ | 11.72 | $ | 9.81 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .563 | .480 | .378 | .417 | .322 | |||||
Net realized and unrealized gain (loss) | .873 | (2.381) | 1.934 | 1.460 | 1.919 | |||||
Total from investment operations | 1.436 | (1.901) | 2.312 | 1.877 | 2.241 | |||||
Distributions from net investment income | (.566) | (.485) | (.447) | (.430) | (.324) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.566) | (.589) | (.482) | (.447) | (.331) | |||||
Net asset value, end of period | $ | 13.36 | $ | 12.49 | $ | 14.98 | $ | 13.15 | $ | 11.72 |
Total Return C | 11.72% | (12.83)% | 17.80% | 16.55% | 23.14% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .73% | .73% | .74% | .85% | .94% | |||||
Expenses net of fee waivers, if any | .72% | .73% | .74% | .85% | .85% | |||||
Expenses net of all reductions | .72% | .73% | .74% | .83% | .84% | |||||
Net investment income (loss) | 4.36% | 3.62% | 2.63% | 3.53% | 2.94% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,050,521 | $ | 912,819 | $ | 1,125,873 | $ | 211,236 | $ | 60,534 |
Portfolio turnover rate F | 175% | 256% | 150% | 308% | 298% |
Fidelity Advisor® Multi-Asset Income Fund Class I |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.48 | $ | 14.97 | $ | 13.15 | $ | 11.72 | $ | 9.81 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .559 | .474 | .375 | .417 | .319 | |||||
Net realized and unrealized gain (loss) | .874 | (2.379) | 1.924 | 1.461 | 1.922 | |||||
Total from investment operations | 1.433 | (1.905) | 2.299 | 1.878 | 2.241 | |||||
Distributions from net investment income | (.563) | (.481) | (.444) | (.431) | (.324) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.563) | (.585) | (.479) | (.448) | (.331) | |||||
Net asset value, end of period | $ | 13.35 | $ | 12.48 | $ | 14.97 | $ | 13.15 | $ | 11.72 |
Total Return C | 11.70% | (12.87)% | 17.70% | 16.56% | 23.14% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .75% | .76% | .76% | .83% | 1.00% | |||||
Expenses net of fee waivers, if any | .75% | .76% | .76% | .83% | .85% | |||||
Expenses net of all reductions | .75% | .76% | .76% | .81% | .84% | |||||
Net investment income (loss) | 4.33% | 3.59% | 2.60% | 3.54% | 2.94% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 695,649 | $ | 429,436 | $ | 461,353 | $ | 55,206 | $ | 26,507 |
Portfolio turnover rate F | 175% | 256% | 150% | 308% | 298% |
Fidelity Advisor® Multi-Asset Income Fund Class Z |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.49 | $ | 14.98 | $ | 13.15 | $ | 11.72 | $ | 9.81 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .572 | .480 | .388 | .431 | .335 | |||||
Net realized and unrealized gain (loss) | .874 | (2.372) | 1.933 | 1.457 | 1.916 | |||||
Total from investment operations | 1.446 | (1.892) | 2.321 | 1.888 | 2.251 | |||||
Distributions from net investment income | (.576) | (.494) | (.456) | (.441) | (.334) | |||||
Distributions from net realized gain | - | (.104) | (.035) | (.017) | (.007) | |||||
Total distributions | (.576) | (.598) | (.491) | (.458) | (.341) | |||||
Net asset value, end of period | $ | 13.36 | $ | 12.49 | $ | 14.98 | $ | 13.15 | $ | 11.72 |
Total Return C | 11.81% | (12.77)% | 17.87% | 16.65% | 23.25% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .65% | .66% | .67% | .77% | .85% | |||||
Expenses net of fee waivers, if any | .65% | .66% | .67% | .76% | .76% | |||||
Expenses net of all reductions | .65% | .66% | .67% | .74% | .75% | |||||
Net investment income (loss) | 4.43% | 3.69% | 2.69% | 3.61% | 3.03% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 258,352 | $ | 159,796 | $ | 93,316 | $ | 20,701 | $ | 5,123 |
Portfolio turnover rate F | 175% | 256% | 150% | 308% | 298% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Gross unrealized appreciation | $165,739,646 |
Gross unrealized depreciation | (24,206,855) |
Net unrealized appreciation (depreciation) | $141,532,791 |
Tax Cost | $2,227,637,465 |
Capital loss carryforward | $(206,745,876) |
Net unrealized appreciation (depreciation) on securities and other investments | $138,111,062 |
Short-term | $(183,559,393) |
Long-term | (23,186,483) |
Total capital loss carryforward | $(206,745,876) |
December 31, 2023 | December 31, 2022 | |
Ordinary Income | $88,768,777 | $65,902,273 |
Long-term Capital Gains | - | 14,064,872 |
Total | $88,768,777 | $79,967,145 |
Investment to be Acquired | Commitment Amount | |
Fidelity Advisor Multi-Asset Income Fund | Fidelity Private Credit Central Fund LLC | $9,165,981 |
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss) ($) | Change in Net Unrealized Appreciation (Depreciation) ($) |
Fidelity Advisor Multi-Asset Income Fund | ||
Equity Risk | ||
Written Options | (4,774,672) | (1,738,419) |
Total Equity Risk | (4,774,672) | (1,738,419) |
Interest Rate Risk | ||
Totals | (4,774,672) | (1,738,419) |
Purchases ($) | Sales ($) | |
Fidelity Advisor Multi-Asset Income Fund | 2,680,400,929 | 2,971,145,181 |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |
Class A | -% | .25% | $471,122 | $32,770 |
Class M | -% | .25% | 57,767 | - |
Class C | .75% | .25% | 827,792 | 245,029 |
$1,356,681 | $277,799 |
Retained by FDC | |
Class A | $67,931 |
Class M | 8,048 |
Class C A | 515 |
$76,494 |
% of Class-Level Average Net Assets | |
Class A | 0.1437% |
Class M | 0.1252% |
Class C | 0.1461% |
Fidelity Multi-Asset Income Fund | 0.1263% |
Class I | 0.1490% |
Amount | % of Class-Level Average Net Assets | |
Class A | $271,826 | .14 |
Class M | 28,731 | .12 |
Class C | 121,019 | .15 |
Fidelity Multi-Asset Income Fund | 1,244,884 | .13 |
Class I | 861,296 | .15 |
Class Z | 99,809 | .05 |
$2,627,565 |
% of Average Net Assets | |
Fidelity Advisor Multi-Asset Income Fund | 0.0365% |
% of Average Net Assets | |
Fidelity Advisor Multi-Asset Income Fund | .04 |
Maximum Management Fee Rate % | |
Class A | 0.71 |
Class M | 0.69 |
Class C | 0.71 |
Fidelity Multi-Asset Income Fund | 0.69 |
Class I | 0.71 |
Class Z | 0.61 |
Amount | |
Fidelity Advisor Multi-Asset Income Fund | $46,044 |
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Advisor Multi-Asset Income Fund | Borrower | $10,432,556 | 5.27% | $13,748 |
Purchases ($) | Sales ($) | Realized Gain (Loss) ($) | |
Fidelity Advisor Multi-Asset Income Fund | 98,177,133 | 44,602,064 | (4,471,908) |
Amount | |
Fidelity Advisor Multi-Asset Income Fund | $3,516 |
Total Security Lending Fees Paid to NFS | Security Lending Income From Securities Loaned to NFS | Value of Securities Loaned to NFS at Period End | |
Fidelity Advisor Multi-Asset Income Fund | $16,954 | $- | $- |
Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Advisor Multi-Asset Income Fund | ||
Distributions to shareholders | ||
Class A | $ 7,754,725 | $5,772,546 |
Class M | 953,328 | 759,383 |
Class C | 2,783,408 | 2,169,681 |
Fidelity Multi-Asset Income Fund | 43,103,018 | 44,657,109 |
Class I | 25,270,299 | 20,536,453 |
Class Z | 8,903,999 | 6,071,973 |
Total | $88,768,777 | $79,967,145 |
Shares | Shares | Dollars | Dollars | |
Year ended December 31, 2023 | Year ended December 31, 2022 | Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Advisor Multi-Asset Income Fund | ||||
Class A | ||||
Shares sold | 7,188,675 | 6,336,833 | $93,140,549 | $85,415,686 |
Reinvestment of distributions | 594,257 | 434,015 | 7,702,451 | 5,697,737 |
Shares redeemed | (3,638,476) | (3,481,264) | (46,877,488) | (46,490,265) |
Net increase (decrease) | 4,144,456 | 3,289,584 | $53,965,512 | $44,623,158 |
Class M | ||||
Shares sold | 1,156,437 | 606,872 | $15,026,676 | $8,184,084 |
Reinvestment of distributions | 71,484 | 56,339 | 927,719 | 744,403 |
Shares redeemed | (884,770) | (455,853) | (11,411,762) | (6,077,604) |
Net increase (decrease) | 343,151 | 207,358 | $4,542,633 | $2,850,883 |
Class C | ||||
Shares sold | 3,223,512 | 2,507,496 | $41,625,256 | $34,008,784 |
Reinvestment of distributions | 214,459 | 163,306 | 2,774,182 | 2,146,933 |
Shares redeemed | (1,436,237) | (1,477,001) | (18,519,208) | (19,604,187) |
Net increase (decrease) | 2,001,734 | 1,193,801 | $25,880,230 | $16,551,530 |
Fidelity Multi-Asset Income Fund | ||||
Shares sold | 31,353,312 | 31,508,307 | $407,148,901 | $430,437,209 |
Reinvestment of distributions | 2,783,876 | 2,905,716 | 36,124,114 | 38,469,681 |
Shares redeemed | (28,593,663) | (36,488,320) | (369,480,090) | (485,233,528) |
Net increase (decrease) | 5,543,525 | (2,074,297) | $73,792,925 | $(16,326,638) |
Class I | ||||
Shares sold | 33,707,412 | 28,061,399 | $436,588,435 | $381,135,730 |
Reinvestment of distributions | 1,898,815 | 1,499,206 | 24,611,062 | 19,757,925 |
Shares redeemed | (17,914,182) | (25,971,837) | (230,743,002) | (344,201,843) |
Net increase (decrease) | 17,692,045 | 3,588,768 | $230,456,495 | $56,691,812 |
Class Z | ||||
Shares sold | 10,309,136 | 12,397,128 | $133,126,083 | $166,221,659 |
Reinvestment of distributions | 574,699 | 402,239 | 7,450,113 | 5,239,020 |
Shares redeemed | (4,339,760) | (6,232,578) | (56,065,556) | (83,579,007) |
Net increase (decrease) | 6,544,075 | 6,566,789 | $84,510,640 | $87,881,672 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (July 1, 2023 to December 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value July 1, 2023 | Ending Account Value December 31, 2023 | Expenses Paid During Period- C July 1, 2023 to December 31, 2023 | |||||||
Fidelity Advisor® Multi-Asset Income Fund | ||||||||||
Class A | .98% | |||||||||
Actual | $ 1,000 | $ 1,041.50 | $ 5.04 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.27 | $ 4.99 | |||||||
Class M | .96% | |||||||||
Actual | $ 1,000 | $ 1,042.30 | $ 4.94 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.37 | $ 4.89 | |||||||
Class C | 1.73% | |||||||||
Actual | $ 1,000 | $ 1,037.60 | $ 8.89 | |||||||
Hypothetical-B | $ 1,000 | $ 1,016.48 | $ 8.79 | |||||||
Fidelity® Multi-Asset Income Fund | .72% | |||||||||
Actual | $ 1,000 | $ 1,042.90 | $ 3.71 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.58 | $ 3.67 | |||||||
Class I | .74% | |||||||||
Actual | $ 1,000 | $ 1,042.80 | $ 3.81 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.48 | $ 3.77 | |||||||
Class Z | .64% | |||||||||
Actual | $ 1,000 | $ 1,043.30 | $ 3.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.98 | $ 3.26 | |||||||
Class A | Class M | Class C | Fidelity Multi-Asset Income Fund | Class I | Class Z | ||
January 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
February 2023 | 10% | 10% | 11% | 9% | 9% | 9% | |
March 2023 | 10% | 11% | 13% | 9% | 9% | 9% | |
April 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
May 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
June 2023 | 10% | 9% | 12% | 9% | 9% | 9% | |
July 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
August 2023 | 10% | 10% | 12% | 9% | 9% | 10% | |
September 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
October 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
November 2023 | 10% | 10% | 12% | 9% | 9% | 9% | |
December 2023 | 10% | 10% | 12% | 9% | 9% | 9% |
Class A | Class M | Class C | Fidelity Multi-Asset Income Fund | Class I | Class Z | |
January 2023 | 17.89% | 17.93% | 22.84% | 16.61% | 16.81% | 16.28% |
February 2023 | 17.93% | 18.08% | 20.84% | 17.26% | 17.26% | 16.50% |
March 2023 | 18.20% | 19.39% | 23.30% | 16.64% | 17.06% | 16.67% |
April 2023 | 18.16% | 18.31% | 23.61% | 17.15% | 17.15% | 16.80% |
May 2023 | 18.32% | 17.83% | 21.81% | 16.58% | 17.17% | 16.72% |
June 2023 | 17.90% | 16.48% | 22.42% | 16.66% | 17.31% | 16.22% |
July 2023 | 18.03% | 17.64% | 22.49% | 16.74% | 17.04% | 16.40% |
August 2023 | 17.89% | 17.54% | 21.14% | 16.69% | 16.88% | 17.58% |
September 2023 | 18.03% | 17.89% | 22.62% | 16.76% | 16.89% | 16.67% |
October 2023 | 17.91% | 17.45% | 21.73% | 16.79% | 16.95% | 16.70% |
November 2023 | 17.69% | 17.83% | 21.28% | 16.83% | 16.97% | 16.71% |
December 2023 | 18.08% | 17.81% | 22.68% | 16.77% | 16.94% | 16.48% |
Class A | Class M | Class C | Fidelity Multi-Asset Income Fund | Class I | Class Z | |
January 2023 | 2.33% | 2.34% | 2.98% | 2.17% | 2.19% | 2.12% |
February 2023 | 2.34% | 2.36% | 2.72% | 2.25% | 2.25% | 2.15% |
March 2023 | 2.37% | 2.53% | 3.04% | 2.17% | 2.22% | 2.17% |
April 2023 | 2.37% | 2.39% | 3.08% | 2.24% | 2.24% | 2.19% |
May 2023 | 2.39% | 2.32% | 2.84% | 2.16% | 2.24% | 2.18% |
June 2023 | 2.33% | 2.15% | 2.92% | 2.17% | 2.26% | 2.12% |
July 2023 | 2.35% | 2.30% | 2.93% | 2.18% | 2.22% | 2.14% |
August 2023 | 2.33% | 2.29% | 2.76% | 2.18% | 2.20% | 2.29% |
September 2023 | 2.35% | 2.33% | 2.95% | 2.19% | 2.20% | 2.17% |
October 2023 | 2.34% | 2.28% | 2.83% | 2.19% | 2.21% | 2.18% |
November 2023 | 2.31% | 2.32% | 2.77% | 2.19% | 2.21% | 2.18% |
December 2023 | 2.36% | 2.32% | 2.96% | 2.19% | 2.21% | 2.15% |
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal 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 | |
Abigail P. Johnson | ||
Affirmative | 21,333,918,003.710 | 98.990 |
Withheld | 218,238,294.280 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Jennifer Toolin McAuliffe | ||
Affirmative | 21,341,064,648.470 | 99.020 |
Withheld | 211,091,649.520 | 0.980 |
TOTAL | 21,552,156,297.990 | 100.000 |
Christine J. Thompson | ||
Affirmative | 21,338,732,597.390 | 99.010 |
Withheld | 213,423,700.600 | 0.990 |
TOTAL | 21,552,156,297.990 | 100.000 |
Elizabeth S. Acton | ||
Affirmative | 21,317,028,547.600 | 98.910 |
Withheld | 235,127,750.390 | 1.090 |
TOTAL | 21,552,156,297.990 | 100.000 |
Laura M. Bishop | ||
Affirmative | 21,336,468,393.320 | 99.000 |
Withheld | 215,687,904.670 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Ann E. Dunwoody | ||
Affirmative | 21,320,223,866.150 | 98.920 |
Withheld | 231,932,431.840 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
John Engler | ||
Affirmative | 21,279,172,233.730 | 98.730 |
Withheld | 272,984,064.260 | 1.270 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert F. Gartland | ||
Affirmative | 21,319,450,613.340 | 98.920 |
Withheld | 232,705,684.650 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert W. Helm | ||
Affirmative | 21,334,642,392.210 | 98.990 |
Withheld | 217,513,905.780 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Arthur E. Johnson | ||
Affirmative | 21,298,270,597.120 | 98.820 |
Withheld | 253,885,700.870 | 1.180 |
TOTAL | 21,552,156,297.990 | 100.000 |
Michael E. Kenneally | ||
Affirmative | 20,916,217,437.980 | 97.050 |
Withheld | 635,938,860.010 | 2.950 |
TOTAL | 21,552,156,297.990 | 100.000 |
Mark A. Murray | ||
Affirmative | 21,321,664,592.720 | 98.930 |
Withheld | 230,491,705.270 | 1.070 |
TOTAL | 21,552,156,297.990 | 100.000 |
Carol J. Zierhoffer | ||
Affirmative | 21,337,428,755.990 | 99.000 |
Withheld | 214,727,542.000 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Contents
Average Annual Total Returns | |||
Periods ended December 31, 2023 | Past 1 year | Past 5 years | Life of Fund A |
Fidelity® Series International Credit Fund | 7.77% | 1.86% | 1.58% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity® Series International Credit Fund, on July 25, 2017, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Global Aggregate Credit Ex U.S. Index (Hedged USD) performed over the same period. |
Quality Diversification (% of Fund's net assets) |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Futures and Swaps - 22.2% |
Forward foreign currency contracts - (70.0)% |
Geographic Diversification (% of Fund's net assets) |
* Includes Short-Term investments and Net Other Assets (Liabilities). Percentages are adjusted for the effect of derivatives, if applicable. |
Nonconvertible Bonds - 61.4% | |||
Principal Amount (a) | Value ($) | ||
Australia - 1.7% | |||
AusNet Services Holdings Pty Ltd. 1.625% 3/11/81 (Reg. S) (b) | EUR | 150,000 | 149,180 |
Leighton Finance U.S.A. Pty Ltd. 1.5% 5/28/29 (Reg. S) | EUR | 600,000 | 571,726 |
QBE Insurance Group Ltd.: | |||
2.5% 9/13/38 (Reg. S) (b) | GBP | 500,000 | 539,926 |
6.75% 12/2/44 (Reg. S) (b) | 570,000 | 566,438 | |
TOTAL AUSTRALIA | 1,827,270 | ||
Belgium - 0.5% | |||
KBC Group NV 6.324% 9/21/34 (b)(c) | 550,000 | 580,901 | |
Denmark - 1.8% | |||
Danske Bank A/S: | |||
2.25% 1/14/28 (Reg. S) (b) | GBP | 705,000 | 819,958 |
4.625% 4/13/27 (Reg. S) (b) | GBP | 200,000 | 252,696 |
4.75% 6/21/30 (Reg. S) (b) | EUR | 561,000 | 652,610 |
Jyske Bank A/S 5% 10/26/28 (b) | EUR | 225,000 | 258,075 |
TOTAL DENMARK | 1,983,339 | ||
Finland - 0.6% | |||
Nordea Bank Abp 4.125% 5/5/28 (Reg. S) | EUR | 600,000 | 683,749 |
France - 4.9% | |||
BNP Paribas SA: | |||
2.159% 9/15/29 (b)(c) | 225,000 | 195,696 | |
2.5% 3/31/32 (Reg. S) (b) | EUR | 600,000 | 626,400 |
4.125% 5/24/33 (Reg. S) | EUR | 600,000 | 697,906 |
BPCE SA 1.5% 1/13/42 (Reg. S) (b) | EUR | 600,000 | 600,385 |
Credit Agricole SA 1.25% 10/2/24 (Reg. S) | GBP | 100,000 | 123,678 |
Electricite de France SA: | |||
5.5% 1/25/35 (Reg. S) | GBP | 600,000 | 771,597 |
5.7% 5/23/28 (c) | 350,000 | 362,126 | |
6.25% 5/23/33 (c) | 350,000 | 378,765 | |
Engie SA 4.25% 9/6/34 (Reg. S) | EUR | 300,000 | 350,978 |
Holding d'Infrastructures et des Metiers de l'Environnement 0.625% 9/16/28 (Reg. S) | EUR | 200,000 | 191,692 |
Lagardere S.C.A.: | |||
1.625% 6/21/24 (Reg. S) | EUR | 100,000 | 109,841 |
1.75% 10/7/27 (Reg. S) | EUR | 200,000 | 219,962 |
Societe Generale: | |||
4.75% 11/24/25 (c) | 200,000 | 195,862 | |
6.691% 1/10/34 (b)(c) | 200,000 | 211,193 | |
Technip Energies NV 1.125% 5/28/28 | EUR | 300,000 | 298,537 |
TOTAL FRANCE | 5,334,618 | ||
Germany - 9.8% | |||
ACCENTRO Real Estate AG 5.625% 2/13/26 (Reg. S) | EUR | 472,500 | 202,778 |
AGPS BondCo PLC: | |||
4.625% 1/14/26 (Reg. S) (b) | EUR | 2,000,000 | 762,829 |
5% 4/27/27 (Reg. S) (b) | EUR | 200,000 | 72,861 |
Bayer AG 4.625% 5/26/33 (Reg. S) | EUR | 300,000 | 345,562 |
Bayer U.S. Finance LLC 6.375% 11/21/30 (c) | 300,000 | 308,658 | |
Commerzbank AG 8.625% 2/28/33 (Reg. S) (b) | GBP | 100,000 | 135,399 |
Deutsche Bank AG: | |||
3.25% 5/24/28 (Reg. S) (b) | EUR | 400,000 | 432,016 |
4% 6/24/32 (Reg. S) (b) | EUR | 800,000 | 848,275 |
6.125% 12/12/30 (Reg. S) (b) | GBP | 800,000 | 1,032,409 |
EnBW Energie Baden-Wuerttemberg AG 1.375% 8/31/81 (Reg. S) (b) | EUR | 500,000 | 470,517 |
KfW: | |||
0% 3/31/27 (Reg. S) | EUR | 1,000,000 | 1,021,447 |
0% 9/17/30 (Reg. S) | EUR | 2,700,000 | 2,530,322 |
2.875% 5/29/26 (Reg. S) | EUR | 935,000 | 1,040,907 |
Robert Bosch GmbH 4.375% 6/2/43 (Reg. S) | EUR | 200,000 | 236,698 |
Schaeffler AG 3.375% 10/12/28 (Reg. S) | EUR | 400,000 | 427,229 |
Sirius Real Estate Ltd. 1.125% 6/22/26 (Reg. S) | EUR | 300,000 | 298,418 |
ZF Europe Finance BV 2% 2/23/26 (Reg. S) | EUR | 200,000 | 210,302 |
ZF Finance GmbH 2% 5/6/27 (Reg. S) | EUR | 300,000 | 305,594 |
TOTAL GERMANY | 10,682,221 | ||
Greece - 0.3% | |||
Alpha Bank SA 4.25% 2/13/30 (Reg. S) (b) | EUR | 250,000 | 268,911 |
Hong Kong - 1.3% | |||
AIA Group Ltd. 0.88% 9/9/33 (Reg. S) (b) | EUR | 300,000 | 282,087 |
Prudential Funding Asia PLC 2.95% 11/3/33 (Reg. S) (b) | 1,300,000 | 1,139,304 | |
TOTAL HONG KONG | 1,421,391 | ||
Ireland - 2.9% | |||
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust 6.5% 7/15/25 | 150,000 | 151,901 | |
AIB Group PLC 2.25% 4/4/28 (Reg. S) (b) | EUR | 1,200,000 | 1,269,739 |
Bank of Ireland Group PLC: | |||
1.375% 8/11/31 (Reg. S) (b) | EUR | 800,000 | 823,176 |
2.029% 9/30/27 (b)(c) | 950,000 | 866,213 | |
TOTAL IRELAND | 3,111,029 | ||
Italy - 0.8% | |||
Enel SpA 3.375% (Reg. S) (b)(d) | EUR | 300,000 | 315,040 |
UniCredit SpA 2.731% 1/15/32 (Reg. S) (b) | EUR | 539,000 | 557,780 |
TOTAL ITALY | 872,820 | ||
Luxembourg - 2.4% | |||
Alpha Trains Finance SA 2.064% 6/30/30 | EUR | 802,000 | 841,638 |
Blackstone Property Partners Europe LP: | |||
1% 5/4/28 (Reg. S) | EUR | 1,050,000 | 969,924 |
1.75% 3/12/29 (Reg. S) | EUR | 600,000 | 556,599 |
2.625% 10/20/28 (Reg. S) | GBP | 250,000 | 271,532 |
TOTAL LUXEMBOURG | 2,639,693 | ||
Mexico - 1.7% | |||
Petroleos Mexicanos 6.5% 3/13/27 | 1,980,000 | 1,840,163 | |
Netherlands - 2.3% | |||
ING Groep NV: | |||
4.5% 5/23/29 (Reg. S) (b) | EUR | 500,000 | 568,634 |
4.75% 5/23/34 (Reg. S) (b) | EUR | 900,000 | 1,056,211 |
JDE Peet's BV 2.25% 9/24/31 (c) | 150,000 | 120,135 | |
Rabobank Nederland 4% 1/10/30 (Reg. S) | EUR | 300,000 | 341,886 |
REWE International Finance 4.875% 9/13/30 (Reg. S) | EUR | 100,000 | 116,929 |
Universal Music Group NV 4% 6/13/31 (Reg. S) | EUR | 200,000 | 230,736 |
TOTAL NETHERLANDS | 2,434,531 | ||
Poland - 0.4% | |||
GTC Aurora Luxembourg SA 2.25% 6/23/26 (Reg. S) | EUR | 500,000 | 397,698 |
Portugal - 0.3% | |||
Fidelidade-Companhia de Seguros SA 4.25% 9/4/31 (Reg. S) (b) | EUR | 300,000 | 297,521 |
Spain - 0.4% | |||
Iberdrola Finanzas SAU 7.375% 1/29/24 | GBP | 100,000 | 127,582 |
Werfenlife SA 4.625% 6/6/28 (Reg. S) | EUR | 300,000 | 337,354 |
TOTAL SPAIN | 464,936 | ||
Sweden - 0.6% | |||
Heimstaden AB 4.375% 3/6/27 (Reg. S) | EUR | 500,000 | 227,138 |
Samhallsbyggnadsbolaget I Norden AB: | |||
1.75% 1/14/25 (Reg. S) | EUR | 200,000 | 189,883 |
2.25% 8/12/27 (Reg. S) | EUR | 250,000 | 184,890 |
TOTAL SWEDEN | 601,911 | ||
Switzerland - 4.8% | |||
Cloverie PLC 4.5% 9/11/44 (Reg. S) (b) | 902,000 | 889,065 | |
Demeter Investments BV: | |||
5.625% 8/15/52 (Reg. S) (b) | 964,000 | 934,104 | |
5.75% 8/15/50 (Reg. S) (b) | 1,300,000 | 1,280,734 | |
UBS Group AG: | |||
2.125% 11/15/29 (Reg. S) (b) | GBP | 500,000 | 564,262 |
4.194% 4/1/31 (b)(c) | 250,000 | 232,761 | |
4.282% 1/9/28 (c) | 298,000 | 288,640 | |
4.75% 3/17/32 (Reg. S) (b) | EUR | 270,000 | 313,792 |
4.988% 8/5/33 (Reg. S) (b) | 200,000 | 193,366 | |
Zurich Finance (Ireland) DAC 3.5% 5/2/52 (Reg. S) (b) | 600,000 | 488,022 | |
TOTAL SWITZERLAND | 5,184,746 | ||
United Kingdom - 20.1% | |||
Admiral Group PLC 8.5% 1/6/34 (Reg. S) | GBP | 100,000 | 139,929 |
Anglian Water (Osprey) Financing PLC 2% 7/31/28 (Reg. S) | GBP | 175,000 | 181,997 |
Barclays PLC: | |||
5.262% 1/29/34 (Reg. S) (b) | EUR | 490,000 | 578,667 |
7.437% 11/2/33 (b) | 200,000 | 223,945 | |
8.407% 11/14/32 (Reg. S) (b) | GBP | 300,000 | 407,523 |
Heathrow Funding Ltd.: | |||
2.625% 3/16/28 (Reg. S) | GBP | 500,000 | 566,281 |
7.125% 2/14/24 | GBP | 750,000 | 956,771 |
HSBC Holdings PLC: | |||
4.787% 3/10/32 (Reg. S) (b) | EUR | 470,000 | 548,369 |
4.856% 5/23/33 (Reg. S) (b) | EUR | 500,000 | 585,490 |
6.8% 9/14/31 (b) | GBP | 160,000 | 219,733 |
7.39% 11/3/28 (b) | 350,000 | 375,038 | |
8.201% 11/16/34 (Reg. S) (b) | GBP | 400,000 | 562,314 |
Imperial Tobacco Finance PLC 3.5% 7/26/26 (c) | 2,407,000 | 2,296,115 | |
InterContinental Hotel Group PLC 3.375% 10/8/28 (Reg. S) | GBP | 340,000 | 403,684 |
John Lewis PLC 6.125% 1/21/25 | GBP | 1,659,000 | 2,106,599 |
Lloyds Bank Corporate Markets PLC 1.75% 7/11/24 (Reg. S) | GBP | 140,000 | 174,783 |
Lloyds Banking Group PLC: | |||
1.985% 12/15/31 (b) | GBP | 400,000 | 457,339 |
4.5% 1/11/29 (Reg. S) (b) | EUR | 230,000 | 263,561 |
4.75% 9/21/31 (Reg. S) (b) | EUR | 670,000 | 781,302 |
Marks & Spencer PLC: | |||
3.75% 5/19/26 (Reg. S) | GBP | 100,000 | 123,460 |
4.5% 7/10/27 (Reg. S) | GBP | 270,000 | 331,607 |
Mobico Group PLC 4.875% 9/26/31 (Reg. S) | EUR | 500,000 | 559,250 |
Nationwide Building Society 6.178% 12/7/27 (Reg. S) (b) | GBP | 300,000 | 392,448 |
NatWest Group PLC: | |||
2.105% 11/28/31 (Reg. S) (b) | GBP | 650,000 | 737,738 |
3.622% 8/14/30 (Reg. S) (b) | GBP | 250,000 | 304,711 |
4.771% 2/16/29 (Reg. S) (b) | EUR | 600,000 | 688,332 |
7.416% 6/6/33 (Reg. S) (b) | GBP | 300,000 | 399,192 |
NGG Finance PLC 2.125% 9/5/82 (Reg. S) (b) | EUR | 750,000 | 750,225 |
Reckitt Benckiser Treasury Services PLC 3.875% 9/14/33 (Reg. S) | EUR | 290,000 | 338,978 |
Rolls-Royce PLC 3.375% 6/18/26 | GBP | 440,000 | 531,996 |
Severn Trent Utilities Finance PLC: | |||
4.625% 11/30/34 (Reg. S) | GBP | 140,000 | 174,220 |
6.125% 2/26/24 | GBP | 65,000 | 82,871 |
Southern Water Services Finance Ltd. 1.625% 3/30/27 (Reg. S) | GBP | 208,000 | 233,637 |
SW Finance I PLC 7.375% 12/12/41 (Reg. S) | GBP | 160,000 | 218,016 |
Tesco Corporate Treasury Services PLC: | |||
2.75% 4/27/30 (Reg. S) | GBP | 500,000 | 562,943 |
5.5% 2/27/35 (Reg. S) | GBP | 160,000 | 206,129 |
Thames Water Utility Finance PLC 1.875% 1/24/24 (Reg. S) | GBP | 130,000 | 164,150 |
The Berkeley Group PLC 2.5% 8/11/31 (Reg. S) | GBP | 400,000 | 392,619 |
Travis Perkins PLC 3.75% 2/17/26 (Reg. S) | GBP | 200,000 | 239,889 |
Tritax EuroBox PLC 0.95% 6/2/26 (Reg. S) | EUR | 210,000 | 210,483 |
Virgin Money UK PLC 7.625% 8/23/29 (Reg. S) (b) | GBP | 600,000 | 813,030 |
Vodafone Group PLC 4.875% 10/3/78 (Reg. S) (b) | GBP | 250,000 | 309,538 |
Whitbread PLC: | |||
2.375% 5/31/27 (Reg. S) | GBP | 250,000 | 290,084 |
3.375% 10/16/25 (Reg. S) | GBP | 800,000 | 986,726 |
TOTAL UNITED KINGDOM | 21,871,712 | ||
United States of America - 3.8% | |||
Blackstone Private Credit Fund 4.875% 4/14/26 | GBP | 800,000 | 973,906 |
Carrier Global Corp. 4.5% 11/29/32 (Reg. S) | EUR | 200,000 | 236,131 |
Citigroup, Inc. 5.875% 7/1/24 (Reg. S) | GBP | 200,000 | 254,491 |
Duke Energy Corp. 3.85% 6/15/34 | EUR | 550,000 | 599,961 |
Ford Motor Credit Co. LLC 6.86% 6/5/26 | GBP | 400,000 | 525,594 |
General Motors Financial Co., Inc. 5.15% 8/15/26 (Reg. S) | GBP | 100,000 | 128,024 |
Morgan Stanley 4.656% 3/2/29 (b) | EUR | 300,000 | 343,728 |
MPT Operating Partnership LP/MPT Finance Corp. 2.5% 3/24/26 | GBP | 250,000 | 258,461 |
Southern Co. 1.875% 9/15/81 (b) | EUR | 850,000 | 803,609 |
TOTAL UNITED STATES OF AMERICA | 4,123,905 | ||
TOTAL NONCONVERTIBLE BONDS (Cost $72,187,028) | 66,623,065 | ||
U.S. Government and Government Agency Obligations - 11.3% | |||
Principal Amount (a) | Value ($) | ||
U.S. Treasury Obligations - 11.3% | |||
U.S. Treasury Bonds: | |||
1.125% 8/15/40 | 700,000 | 446,797 | |
2.25% 8/15/46 | 500,000 | 355,488 | |
3.25% 5/15/42 (e) | 2,600,000 | 2,281,094 | |
3.625% 5/15/53 | 500,000 | 462,266 | |
4% 11/15/42 | 710,000 | 690,004 | |
4.375% 8/15/43 | 50,000 | 51,039 | |
6.25% 5/15/30 (f) | 2,660,000 | 3,006,838 | |
U.S. Treasury Notes: | |||
1.5% 2/29/24 | 200,000 | 198,786 | |
2.625% 7/31/29 (e) | 3,000,000 | 2,809,219 | |
3.5% 2/15/33 | 1,000,000 | 969,727 | |
4.375% 11/30/28 | 1,000,000 | 1,023,281 | |
TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $12,206,730) | 12,294,539 | ||
Foreign Government and Government Agency Obligations - 6.5% | |||
Principal Amount (a) | Value ($) | ||
Germany - 4.0% | |||
German Federal Republic: | |||
0% 5/15/35 (Reg. S) | EUR | 950,000 | 825,947 |
1% 5/15/38(Reg. S) (f) | EUR | 2,485,000 | 2,332,093 |
1.25% 8/15/48 | EUR | 1,345,000 | 1,206,051 |
TOTAL GERMANY | 4,364,091 | ||
Japan - 2.5% | |||
Japan Government, yield at date of purchase -0.1896% to -0.1796% 2/5/24 to 2/26/24 | JPY | 384,900,000 | 2,730,306 |
TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $7,895,099) | 7,094,397 | ||
Supranational Obligations - 5.7% | |||
Principal Amount (a) | Value ($) | ||
European Investment Bank: | |||
0% 6/17/27 | EUR | 2,400,000 | 2,442,534 |
0% 1/14/31 (Reg. S) | EUR | 1,300,000 | 1,206,728 |
0.625% 1/22/29 (Reg. S) | EUR | 1,200,000 | 1,213,377 |
3% 11/15/28 (Reg. S) | EUR | 350,000 | 396,629 |
European Union: | |||
0% 10/4/28 (Reg. S) | EUR | 175,000 | 172,419 |
2.75% 10/5/26 (Reg. S) | EUR | 700,000 | 778,581 |
TOTAL SUPRANATIONAL OBLIGATIONS (Cost $5,940,048) | 6,210,268 | ||
Preferred Securities - 10.4% | |||
Principal Amount (a) | Value ($) | ||
Australia - 0.8% | |||
QBE Insurance Group Ltd. 5.25% (Reg. S) (b)(d) | 850,000 | 814,982 | |
Canada - 0.5% | |||
Bank of Nova Scotia: | |||
CME Term SOFR 3 Month Index + 2.900% 8.3354% (b)(d)(g) | 390,000 | 359,919 | |
4.9% (b)(d) | 165,000 | 158,207 | |
TOTAL CANADA | 518,126 | ||
Czech Republic - 0.2% | |||
CPI Property Group SA 3.75% (Reg. S) (b)(d) | EUR | 800,000 | 208,631 |
Finland - 0.2% | |||
Citycon Oyj 4.496% (Reg. S) (b)(d) | EUR | 300,000 | 267,450 |
France - 0.5% | |||
BNP Paribas SA 6.625% (Reg. S) (b)(d) | 550,000 | 557,060 | |
Germany - 3.4% | |||
Aroundtown SA 3.375% (Reg. S) (b)(d) | EUR | 1,400,000 | 625,754 |
AT Securities BV USD SWAP SEMI 30/360 5Y INDX + 3.540% 7.747% (Reg. S) (b)(d)(g) | 750,000 | 368,425 | |
Grand City Properties SA 1.5% (Reg. S) (b)(d) | EUR | 1,300,000 | 643,695 |
Volkswagen International Finance NV: | |||
3.375% (Reg. S) (b)(d) | EUR | 100,000 | 110,934 |
3.748% (Reg. S) (b)(d) | EUR | 300,000 | 310,278 |
3.875% (Reg. S) (b)(d) | EUR | 900,000 | 930,140 |
4.625% (Reg. S) (b)(d) | EUR | 637,000 | 722,308 |
TOTAL GERMANY | 3,711,534 | ||
Ireland - 0.9% | |||
AerCap Holdings NV 5.875% 10/10/79 (b) | 450,000 | 450,325 | |
AIB Group PLC 6.25% (Reg. S) (b)(d) | EUR | 450,000 | 492,436 |
TOTAL IRELAND | 942,761 | ||
Sweden - 1.0% | |||
Heimstaden Bostad AB: | |||
3.248% (Reg. S) (b)(d) | EUR | 1,500,000 | 890,789 |
3.625% (Reg. S) (b)(d) | EUR | 150,000 | 68,473 |
Samhallsbyggnadsbolaget I Norden AB 2.624% (Reg. S) (b)(d) | EUR | 650,000 | 122,593 |
TOTAL SWEDEN | 1,081,855 | ||
Switzerland - 0.4% | |||
Credit Suisse Group AG Claim (h) | 1,900,000 | 218,500 | |
UBS Group AG 7% (Reg. S) (b)(d) | 200,000 | 210,511 | |
TOTAL SWITZERLAND | 429,011 | ||
United Kingdom - 2.5% | |||
Barclays PLC: | |||
5.875% (Reg. S) (b)(d) | GBP | 350,000 | 430,618 |
7.125% (b)(d) | GBP | 200,000 | 248,403 |
8.875% (b)(d) | GBP | 200,000 | 255,028 |
British American Tobacco PLC 3% (Reg. S) (b)(d) | EUR | 1,100,000 | 1,084,302 |
Mobico Group PLC 4.25% (Reg. S) (b)(d) | GBP | 190,000 | 221,389 |
SSE PLC 3.74% (Reg. S) (b)(d) | GBP | 400,000 | 492,395 |
TOTAL UNITED KINGDOM | 2,732,135 | ||
TOTAL PREFERRED SECURITIES (Cost $18,862,022) | 11,263,545 | ||
Money Market Funds - 3.7% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.40% (i) (Cost $4,058,877) | 4,058,065 | 4,058,877 | |
TOTAL INVESTMENT IN SECURITIES - 99.0% (Cost $121,149,804) | 107,544,691 |
NET OTHER ASSETS (LIABILITIES) - 1.0% | 1,069,270 |
NET ASSETS - 100.0% | 108,613,961 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Bond Index Contracts | |||||
ASX 10 Year Treasury Bond Index Contracts (Australia) | 9 | Mar 2024 | 715,517 | 20,872 | 20,872 |
Eurex Euro-Buxl 30 Year Bond Contracts (Germany) | 1 | Mar 2024 | 156,452 | 11,854 | 11,854 |
Eurex Euro-Schatz Contracts (Germany) | 18 | Mar 2024 | 2,117,166 | 16,271 | 16,271 |
TME 10 Year Canadian Note Contracts (Canada) | 36 | Mar 2024 | 3,373,820 | 141,924 | 141,924 |
TOTAL BOND INDEX CONTRACTS | 190,921 | ||||
Treasury Contracts | |||||
CBOT 2-Year U.S. Treasury Note Contracts (United States) | 32 | Mar 2024 | 6,589,250 | 65,939 | 65,939 |
CBOT 5-Year U.S. Treasury Note Contracts (United States) | 88 | Mar 2024 | 9,572,063 | 212,716 | 212,716 |
CBOT Long Term U.S. Treasury Bond Contracts (United States) | 37 | Mar 2024 | 4,622,688 | 319,482 | 319,482 |
TOTAL TREASURY CONTRACTS | 598,137 | ||||
TOTAL PURCHASED | 789,058 | ||||
Sold | |||||
Bond Index Contracts | |||||
ICE Long Gilt Contracts (United Kingdom) | 15 | Mar 2024 | 1,962,642 | (104,273) | (104,273) |
TOTAL FUTURES CONTRACTS | 684,785 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 25.0% | |||||
The notional amount of futures sold as a percentage of Net Assets is 1.8% |
Forward Foreign Currency Contracts | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation/ (Depreciation) ($) | ||
EUR | 78,000 | USD | 86,217 | Bank of America, N.A. | 1/03/24 | (108) |
CAD | 26,000 | USD | 19,130 | BNP Paribas S.A. | 1/12/24 | 494 |
EUR | 2,252,000 | USD | 2,432,768 | JPMorgan Chase Bank, N.A. | 1/12/24 | 54,291 |
GBP | 132,000 | USD | 167,071 | BNP Paribas S.A. | 1/12/24 | 1,192 |
GBP | 67,000 | USD | 83,965 | Brown Brothers Harriman & Co | 1/12/24 | 1,441 |
GBP | 317,000 | USD | 404,842 | Citibank, N. A. | 1/12/24 | (756) |
GBP | 38,000 | USD | 48,323 | Goldman Sachs Bank USA | 1/12/24 | 116 |
USD | 45,967 | AUD | 70,000 | Brown Brothers Harriman & Co | 1/12/24 | (1,750) |
USD | 101,092 | CAD | 134,000 | BNP Paribas S.A. | 1/12/24 | (50) |
USD | 41,274 | CAD | 56,000 | Canadian Imperial Bk. of Comm. | 1/12/24 | (994) |
USD | 511,897 | EUR | 465,000 | BNP Paribas S.A. | 1/12/24 | (1,639) |
USD | 1,457,313 | EUR | 1,318,000 | Bank of America, N.A. | 1/12/24 | 1,742 |
USD | 49,070,713 | EUR | 45,259,000 | Bank of America, N.A. | 1/12/24 | (912,335) |
USD | 32,394 | EUR | 30,000 | Brown Brothers Harriman & Co | 1/12/24 | (738) |
USD | 388,097 | EUR | 359,000 | Brown Brothers Harriman & Co | 1/12/24 | (8,374) |
USD | 87,426 | EUR | 80,000 | Brown Brothers Harriman & Co | 1/12/24 | (925) |
USD | 74,669 | EUR | 68,000 | Citibank, N. A. | 1/12/24 | (429) |
USD | 319,323 | GBP | 251,000 | BNP Paribas S.A. | 1/12/24 | (632) |
USD | 22,995,756 | GBP | 18,217,000 | BNP Paribas S.A. | 1/12/24 | (225,789) |
USD | 201,275 | GBP | 160,000 | Bank of America, N.A. | 1/12/24 | (2,680) |
USD | 62,017 | GBP | 49,000 | Citibank, N. A. | 1/12/24 | (444) |
USD | 2,686,401 | JPY | 385,300,000 | BNP Paribas S.A. | 1/12/24 | (50,221) |
TOTAL FORWARD FOREIGN CURRENCY CONTRACTS | (1,148,588) | |||||
Unrealized Appreciation | 59,276 | |||||
Unrealized Depreciation | (1,207,864) |
Credit Default Swaps | ||||||||||
Underlying Reference | Maturity Date | Clearinghouse / Counterparty | Fixed Payment Received/ (Paid) | Payment Frequency | Notional Amount(1) | Value ($) | Upfront Premium Received/ (Paid) ($) | Unrealized Appreciation/ (Depreciation) ($) | ||
Buy Protection | ||||||||||
Intesa Sanpaolo SpA | Jun 2028 | JPMorgan Chase Bank, N.A. | (1%) | Quarterly | EUR | 955,000 | (12,161) | 1,236 | (10,925) | |
AUD | - | Australian dollar |
CAD | - | Canadian dollar |
EUR | - | European Monetary Unit |
GBP | - | British pound sterling |
JPY | - | Japanese yen |
USD | - | U.S. dollar |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $6,037,065 or 5.6% of net assets. |
(d) | Security is perpetual in nature with no stated maturity date. |
(e) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $555,877. |
(f) | Security or a portion of the security has been segregated as collateral for open forward foreign currency contracts. At period end, the value of securities pledged amounted to $1,571,208. |
(g) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(h) | Non-income producing - Security is in default. |
(i) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.40% | 3,368,958 | 62,877,505 | 62,187,586 | 239,076 | - | - | 4,058,877 | 0.0% |
Fidelity Securities Lending Cash Central Fund 5.40% | - | 45,856 | 45,856 | 7 | - | - | - | 0.0% |
Total | 3,368,958 | 62,923,361 | 62,233,442 | 239,083 | - | - | 4,058,877 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Corporate Bonds | 66,623,065 | - | 66,623,065 | - |
U.S. Government and Government Agency Obligations | 12,294,539 | - | 12,294,539 | - |
Foreign Government and Government Agency Obligations | 7,094,397 | - | 7,094,397 | - |
Supranational Obligations | 6,210,268 | - | 6,210,268 | - |
Preferred Securities | 11,263,545 | - | 11,263,545 | - |
Money Market Funds | 4,058,877 | 4,058,877 | - | - |
Total Investments in Securities: | 107,544,691 | 4,058,877 | 103,485,814 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 789,058 | 789,058 | - | - |
Forward Foreign Currency Contracts | 59,276 | - | 59,276 | - |
Total Assets | 848,334 | 789,058 | 59,276 | - |
Liabilities | ||||
Futures Contracts | (104,273) | (104,273) | - | - |
Forward Foreign Currency Contracts | (1,207,864) | - | (1,207,864) | - |
Swaps | (12,161) | - | (12,161) | - |
Total Liabilities | (1,324,298) | (104,273) | (1,220,025) | - |
Total Derivative Instruments: | (475,964) | 684,785 | (1,160,749) | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Credit Risk | ||
Swaps (a) | 0 | (12,161) |
Total Credit Risk | 0 | (12,161) |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts (b) | 59,276 | (1,207,864) |
Total Foreign Exchange Risk | 59,276 | (1,207,864) |
Interest Rate Risk | ||
Futures Contracts (c) | 789,058 | (104,273) |
Total Interest Rate Risk | 789,058 | (104,273) |
Total Value of Derivatives | 848,334 | (1,324,298) |
Counterparty | Value of Derivative Assets ($) | Value of Derivative Liabilities ($) | Collateral Received(a) ($) | Collateral Pledged(a) ($) | Net(b) ($) | |||||
Bank of America, N.A. | 1,742 | (915,123) | - | 913,381 | - | |||||
BNP Paribas S.A. | 1,686 | (278,331) | - | 276,645 | - | |||||
Brown Brothers Harriman & Co | 1,441 | (11,787) | - | - | (10,346) | |||||
Canadian Imperial Bk. of Comm. | - | (994) | - | - | (994) | |||||
Citibank, N.A. | - | (1,629) | - | - | (1,629) | |||||
Goldman Sachs Bank USA | 116 | - | - | - | 116 | |||||
JPMorgan Chase Bank, N.A. | 54,291 | (12,161) | - | - | 42,130 | |||||
Total | $ | 59,276 | $ | (1,220,025) | $ | - | $ | 1,190,026 | $ | 29,277 |
Statement of Assets and Liabilities | ||||
December 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $117,090,927) | $ | 103,485,814 | ||
Fidelity Central Funds (cost $4,058,877) | 4,058,877 | |||
Total Investment in Securities (cost $121,149,804) | $ | 107,544,691 | ||
Foreign currency held at value (cost $922,772) | 929,599 | |||
Unrealized appreciation on forward foreign currency contracts | 59,276 | |||
Interest receivable | 1,461,880 | |||
Distributions receivable from Fidelity Central Funds | 19,866 | |||
Receivable for daily variation margin on futures contracts | 23,227 | |||
Receivable from investment adviser for expense reductions | 14 | |||
Total assets | 110,038,553 | |||
Liabilities | ||||
Payable for investments purchased | $ | 202,462 | ||
Unrealized depreciation on forward foreign currency contracts | 1,207,864 | |||
Bi-lateral OTC swaps, at value | 12,161 | |||
Other payables and accrued expenses | 2,105 | |||
Total Liabilities | 1,424,592 | |||
Net Assets | $ | 108,613,961 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 132,275,391 | ||
Total accumulated earnings (loss) | (23,661,430) | |||
Net Assets | $ | 108,613,961 | ||
Net Asset Value, offering price and redemption price per share ($108,613,961 ÷ 13,603,848 shares) | $ | 7.98 |
Statement of Operations | ||||
Year ended December 31, 2023 | ||||
Investment Income | ||||
Dividends | $ | 919,212 | ||
Interest | 3,054,986 | |||
Income from Fidelity Central Funds (including $7 from security lending) | 239,083 | |||
Total Income | 4,213,281 | |||
Expenses | ||||
Custodian fees and expenses | $ | 5,483 | ||
Independent trustees' fees and expenses | 369 | |||
Miscellaneous | 21 | |||
Total expenses before reductions | 5,873 | |||
Expense reductions | (3,388) | |||
Total expenses after reductions | 2,485 | |||
Net Investment income (loss) | 4,210,796 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (4,988,638) | |||
Forward foreign currency contracts | (680,102) | |||
Foreign currency transactions | 136,167 | |||
Futures contracts | (1,297,209) | |||
Swaps | (18,563) | |||
Total net realized gain (loss) | (6,848,345) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 10,786,320 | |||
Forward foreign currency contracts | (1,255,021) | |||
Assets and liabilities in foreign currencies | 6,239 | |||
Futures contracts | 934,510 | |||
Swaps | (9,948) | |||
Total change in net unrealized appreciation (depreciation) | 10,462,100 | |||
Net gain (loss) | 3,613,755 | |||
Net increase (decrease) in net assets resulting from operations | $ | 7,824,551 |
Statement of Changes in Net Assets | ||||
Year ended December 31, 2023 | Year ended December 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 4,210,796 | $ | 3,449,937 |
Net realized gain (loss) | (6,848,345) | (179,307) | ||
Change in net unrealized appreciation (depreciation) | 10,462,100 | (24,466,429) | ||
Net increase (decrease) in net assets resulting from operations | 7,824,551 | (21,195,799) | ||
Distributions to shareholders | (3,893,060) | (6,502,377) | ||
Share transactions | ||||
Proceeds from sales of shares | 2,069,174 | 1,114,765 | ||
Reinvestment of distributions | 3,893,060 | 6,502,377 | ||
Cost of shares redeemed | (2,069,174) | (1,114,764) | ||
Net increase (decrease) in net assets resulting from share transactions | 3,893,060 | 6,502,378 | ||
Total increase (decrease) in net assets | 7,824,551 | (21,195,798) | ||
Net Assets | ||||
Beginning of period | 100,789,410 | 121,985,208 | ||
End of period | $ | 108,613,961 | $ | 100,789,410 |
Other Information | ||||
Shares | ||||
Sold | 265,952 | 139,903 | ||
Issued in reinvestment of distributions | 505,276 | 799,064 | ||
Redeemed | (265,952) | (139,903) | ||
Net increase (decrease) | 505,276 | 799,064 | ||
Fidelity® Series International Credit Fund |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.69 | $ | 9.92 | $ | 10.23 | $ | 10.08 | $ | 9.50 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .317 | .276 | .255 | .307 | .271 | |||||
Net realized and unrealized gain (loss) | .266 | (1.988) | (.263) | .516 | 1.027 | |||||
Total from investment operations | .583 | (1.712) | (.008) | .823 | 1.298 | |||||
Distributions from net investment income | (.293) | (.455) | (.197) C | (.423) | (.299) C | |||||
Distributions from net realized gain | - | (.063) | (.105) C | (.250) | (.378) C | |||||
Distributions from tax return of capital | - | - | - | - | (.041) | |||||
Total distributions | (.293) | (.518) | (.302) | (.673) | (.718) | |||||
Net asset value, end of period | $ | 7.98 | $ | 7.69 | $ | 9.92 | $ | 10.23 | $ | 10.08 |
Total Return D | 7.77% | (17.44)% | (.07)% | 8.33% | 13.85% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .01% | -% G | .01% | .01% | .01% | |||||
Expenses net of fee waivers, if any | -% G | -% G | -% G | .01% | .01% | |||||
Expenses net of all reductions | -% G | -% G | -% G | .01% | .01% | |||||
Net investment income (loss) | 4.09% | 3.20% | 2.53% | 3.00% | 2.69% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 108,614 | $ | 100,789 | $ | 121,985 | $ | 122,084 | $ | 112,608 |
Portfolio turnover rate H | 61% | 21% | 65% | 52% | 88% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Gross unrealized appreciation | $2,877,694 |
Gross unrealized depreciation | (15,473,241) |
Net unrealized appreciation (depreciation) | $(12,595,547) |
Tax Cost | $120,916,357 |
Undistributed ordinary income | $487,895 |
Capital loss carryforward | $(11,586,992) |
Net unrealized appreciation (depreciation) on securities and other investments | $(12,562,334) |
Short-term | $(2,667,951) |
Long-term | (8,919,041) |
Total capital loss carryforward | $(11,586,992) |
December 31, 2023 | December 31, 2022 | |
Ordinary Income | $3,893,060 | $5,727,508 |
Long-term Capital Gains | - | 774,869 |
Total | $3,893,060 | $6,502,377 |
Credit Risk | Credit risk relates to the ability of the issuer of a financial instrument to make further principal or interest payments on an obligation or commitment that it has to a fund. |
Foreign Exchange Risk | Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates. |
Interest Rate Risk | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss)($) | Change in Net Unrealized Appreciation (Depreciation)($) |
Fidelity Series International Credit Fund | ||
Credit Risk | ||
Purchased Options | (374,187) | 71,331 |
Swaps | (18,563) | (9,948) |
Total Credit Risk | (392,750) | 61,383 |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts | (680,102) | (1,255,021) |
Total Foreign Exchange Risk | (680,102) | (1,255,021) |
Interest Rate Risk | ||
Futures Contracts | (1,297,209) | 934,510 |
Total Interest Rate Risk | (1,297,209) | 934,510 |
Totals | (2,370,061) | (259,128) |
Purchases ($) | Sales ($) | |
Fidelity Series International Credit Fund | 44,678,111 | 51,118,325 |
Total Security Lending Fees Paid to NFS | Security Lending Income From Securities Loaned to NFS | Value of Securities Loaned to NFS at Period End | |
Fidelity Series International Credit Fund | $1 | $ - | $- |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (July 1, 2023 to December 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value July 1, 2023 | Ending Account Value December 31, 2023 | Expenses Paid During Period- C July 1, 2023 to December 31, 2023 | |||||||
Fidelity® Series International Credit Fund | -%-D | |||||||||
Actual | $ 1,000 | $ 1,066.90 | $-E | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.21 | $-E | |||||||
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal 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 | |
Abigail P. Johnson | ||
Affirmative | 21,333,918,003.710 | 98.990 |
Withheld | 218,238,294.280 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Jennifer Toolin McAuliffe | ||
Affirmative | 21,341,064,648.470 | 99.020 |
Withheld | 211,091,649.520 | 0.980 |
TOTAL | 21,552,156,297.990 | 100.000 |
Christine J. Thompson | ||
Affirmative | 21,338,732,597.390 | 99.010 |
Withheld | 213,423,700.600 | 0.990 |
TOTAL | 21,552,156,297.990 | 100.000 |
Elizabeth S. Acton | ||
Affirmative | 21,317,028,547.600 | 98.910 |
Withheld | 235,127,750.390 | 1.090 |
TOTAL | 21,552,156,297.990 | 100.000 |
Laura M. Bishop | ||
Affirmative | 21,336,468,393.320 | 99.000 |
Withheld | 215,687,904.670 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Ann E. Dunwoody | ||
Affirmative | 21,320,223,866.150 | 98.920 |
Withheld | 231,932,431.840 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
John Engler | ||
Affirmative | 21,279,172,233.730 | 98.730 |
Withheld | 272,984,064.260 | 1.270 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert F. Gartland | ||
Affirmative | 21,319,450,613.340 | 98.920 |
Withheld | 232,705,684.650 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert W. Helm | ||
Affirmative | 21,334,642,392.210 | 98.990 |
Withheld | 217,513,905.780 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Arthur E. Johnson | ||
Affirmative | 21,298,270,597.120 | 98.820 |
Withheld | 253,885,700.870 | 1.180 |
TOTAL | 21,552,156,297.990 | 100.000 |
Michael E. Kenneally | ||
Affirmative | 20,916,217,437.980 | 97.050 |
Withheld | 635,938,860.010 | 2.950 |
TOTAL | 21,552,156,297.990 | 100.000 |
Mark A. Murray | ||
Affirmative | 21,321,664,592.720 | 98.930 |
Withheld | 230,491,705.270 | 1.070 |
TOTAL | 21,552,156,297.990 | 100.000 |
Carol J. Zierhoffer | ||
Affirmative | 21,337,428,755.990 | 99.000 |
Withheld | 214,727,542.000 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Contents
Average Annual Total Returns | |||
Periods ended December 31, 2023 | Past 1 year | Life of Fund A |
Fidelity® Series International Developed Markets Bond Index Fund | 7.99% | -3.69% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity® Series International Developed Markets Bond Index Fund, on August 31, 2021, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Global Aggregate Treasury ex USD, ex Emerging Markets, RIC Capped, Float Adjusted Index (Hedged USD) performed over the same period. |
Quality Diversification (% of Fund's net assets) |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Futures - 1.1% |
Forward foreign currency contracts - (101.2)% |
Geographic Diversification (% of Fund's net assets) |
* Includes Short-Term investments and Net Other Assets (Liabilities). Percentages are adjusted for the effect of derivatives, if applicable. |
Government Obligations - 99.0% | |||
Principal Amount (a) | Value ($) | ||
Australia - 5.1% | |||
Australian Commonwealth: | |||
0.25% 11/21/24 (Reg. S) | AUD | 123,000 | 81,140 |
0.25% 11/21/25 (Reg. S) | AUD | 62,192,000 | 39,732,613 |
0.5% 9/21/26 (Reg. S) | AUD | 64,476,000 | 40,425,887 |
1% 12/21/30 (Reg. S) | AUD | 21,812,000 | 12,328,604 |
1% 11/21/31 (Reg. S) | AUD | 34,057,000 | 18,707,829 |
1.25% 5/21/32 | AUD | 53,000,000 | 29,308,742 |
1.75% 11/21/32 (Reg. S) | AUD | 13,400,000 | 7,644,178 |
1.75% 6/21/51 (Reg. S) | AUD | 35,412,000 | 14,239,043 |
2.5% 5/21/30 (Reg. S) | AUD | 35,000,000 | 22,153,229 |
2.75% 11/21/27 | AUD | 55,551,000 | 36,676,974 |
2.75% 11/21/28 | AUD | 28,367,000 | 18,562,397 |
2.75% 11/21/29 (Reg. S) | AUD | 52,813,000 | 34,145,631 |
2.75% 6/21/35 (Reg. S) | AUD | 16,600,000 | 10,005,041 |
2.75% 5/21/41(Reg. S) | AUD | 29,578,000 | 16,453,564 |
3% 11/21/33(Reg. S) | AUD | 22,700,000 | 14,257,351 |
3.25% 4/21/25 (Reg. S) | AUD | 80,700,000 | 54,563,405 |
3.25% 4/21/29(Reg. S) | AUD | 55,800,000 | 37,236,381 |
3.75% 4/21/37 (Reg. S) | AUD | 29,572,000 | 19,453,904 |
4.25% 4/21/26 | AUD | 12,100,000 | 8,353,464 |
4.5% 4/21/33 | AUD | 72,521,000 | 51,511,690 |
4.75% 4/21/27(Reg. S) | AUD | 19,600,000 | 13,824,190 |
TOTAL AUSTRALIA | 499,665,257 | ||
Austria - 4.7% | |||
Austrian Republic: | |||
0% 4/20/25 (Reg. S) (b) | EUR | 15,120,000 | 16,103,040 |
0% 10/20/28(Reg. S) (b) | EUR | 8,400,000 | 8,296,250 |
0% 2/20/30 (Reg. S) (b) | EUR | 26,462,000 | 25,240,378 |
0% 2/20/31 (Reg. S) (b) | EUR | 12,003,000 | 11,129,352 |
0% 10/20/40 (Reg. S) (b) | EUR | 46,309,000 | 31,928,757 |
0.25% 10/20/36(Reg. S) (b) | EUR | 24,709,000 | 19,991,680 |
0.5% 4/20/27 (Reg. S) (b) | EUR | 58,716,000 | 61,109,517 |
0.5% 2/20/29 (Reg. S) (b) | EUR | 26,300,000 | 26,476,000 |
0.75% 10/20/26 (Reg. S) (b) | EUR | 12,510,000 | 13,208,667 |
0.75% 2/20/28 (Reg. S) (b) | EUR | 47,597,000 | 49,312,368 |
0.75% 3/20/51 (Reg. S) (b) | EUR | 40,577,000 | 27,217,877 |
0.85% 6/30/20 (Reg. S) (b) | EUR | 9,316,000 | 4,786,359 |
0.9% 2/20/32 (Reg. S) (b) | EUR | 36,230,000 | 35,171,298 |
1.2% 10/20/25 (Reg. S) (b) | EUR | 29,419,000 | 31,738,056 |
1.5% 2/20/47 (Reg. S) (b) | EUR | 1,482,000 | 1,253,839 |
1.5% 11/2/86 (Reg. S) (b) | EUR | 10,300,000 | 7,108,884 |
2.1% 9/20/17 (Reg. S) (b) | EUR | 2,620,000 | 2,286,402 |
2.9% 2/20/33(Reg. S) (b) | EUR | 32,600,000 | 36,888,489 |
3.15% 6/20/44(Reg. S) (b) | EUR | 1,080,000 | 1,241,149 |
3.8% 1/26/62 (b) | EUR | 11,365,000 | 14,999,086 |
4.15% 3/15/37 (b) | EUR | 16,199,000 | 20,479,770 |
4.85% 3/15/26 (b) | EUR | 17,828,000 | 20,655,756 |
TOTAL AUSTRIA | 466,622,974 | ||
Belgium - 4.9% | |||
Belgian Kingdom: | |||
0% 10/22/27 (Reg. S) (b) | EUR | 38,428,000 | 39,010,694 |
0% 10/22/31 (b) | EUR | 706,000 | 644,781 |
0.1% 6/22/30 (Reg. S) (b) | EUR | 9,500,000 | 9,092,722 |
0.35% 6/22/32 (b) | EUR | 41,590,000 | 38,399,186 |
0.65% 6/22/71 (Reg. S) (b) | EUR | 1,103,000 | 545,967 |
0.8% 6/22/25 (Reg. S) (b) | EUR | 51,678,000 | 55,506,299 |
0.8% 6/22/27 (b) | EUR | 6,886,000 | 7,239,513 |
0.8% 6/22/28 (Reg. S) (b) | EUR | 29,386,000 | 30,502,798 |
0.9% 6/22/29 (b) | EUR | 29,176,000 | 29,952,165 |
1% 6/22/26 (Reg. S) (b) | EUR | 10,527,000 | 11,247,262 |
1% 6/22/31(Reg. S) (b) | EUR | 19,681,000 | 19,625,637 |
1.4% 6/22/53 (Reg. S) (b) | EUR | 31,810,000 | 23,527,944 |
1.6% 6/22/47 (b) | EUR | 9,816,000 | 8,147,696 |
1.7% 6/22/50 (b) | EUR | 27,649,000 | 22,733,768 |
1.9% 6/22/38(Reg. S) (b) | EUR | 7,550,000 | 7,356,648 |
2.15% 6/22/66 (b) | EUR | 4,230,000 | 3,689,397 |
3% 6/22/33(Reg. S) (b) | EUR | 19,500,000 | 22,240,086 |
3.3% 6/22/54 (Reg. S) (b) | EUR | 7,000,000 | 7,885,294 |
3.75% 6/22/45(Reg. S) | EUR | 3,138,000 | 3,828,825 |
4.25% 3/28/41 (b) | EUR | 44,660,000 | 57,572,393 |
4.5% 3/28/26 (b) | EUR | 12,960,000 | 14,949,648 |
5% 3/28/35 (b) | EUR | 46,949,000 | 63,069,268 |
TOTAL BELGIUM | 476,767,991 | ||
Canada - 4.4% | |||
Canadian Government: | |||
0.25% 3/1/26 | CAD | 27,528,000 | 19,315,825 |
0.5% 9/1/25 | CAD | 24,391,000 | 17,399,677 |
0.5% 12/1/30 | CAD | 63,762,000 | 40,400,004 |
1% 6/1/27 | CAD | 6,319,000 | 4,419,366 |
1.25% 3/1/27 | CAD | 30,500,000 | 21,553,364 |
1.25% 6/1/30 | CAD | 12,150,000 | 8,179,255 |
1.5% 6/1/26 (c) | CAD | 21,563,000 | 15,501,503 |
1.5% 12/1/31 | CAD | 54,493,000 | 36,450,534 |
1.75% 12/1/53 | CAD | 38,200,000 | 21,573,825 |
2% 6/1/32 | CAD | 23,400,000 | 16,202,631 |
2% 12/1/51 | CAD | 64,869,000 | 39,301,787 |
2.25% 6/1/29 | CAD | 700,000 | 506,226 |
2.5% 12/1/32 | CAD | 24,700,000 | 17,750,590 |
2.75% 9/1/27 | CAD | 21,200,000 | 15,687,469 |
2.75% 6/1/33 | CAD | 15,500,000 | 11,351,201 |
3.25% 12/1/33 | CAD | 20,100,000 | 15,342,340 |
3.5% 3/1/28 | CAD | 57,700,000 | 43,947,016 |
3.5% 12/1/45 | CAD | 4,519,000 | 3,626,250 |
3.75% 2/1/25 | CAD | 57,700,000 | 43,194,114 |
4% 6/1/41 | CAD | 22,981,000 | 19,367,136 |
5.75% 6/1/29 | CAD | 4,040,000 | 3,447,042 |
5.75% 6/1/33 | CAD | 14,800,000 | 13,489,272 |
TOTAL CANADA | 428,006,427 | ||
Cyprus - 0.3% | |||
Republic of Cyprus: | |||
0% 2/9/26 (Reg. S) | EUR | 5,219,000 | 5,424,409 |
0.625% 1/21/30 (Reg. S) | EUR | 4,882,000 | 4,724,098 |
0.95% 1/20/32 (Reg. S) | EUR | 1,900,000 | 1,796,177 |
1.25% 1/21/40 (Reg. S) | EUR | 5,374,000 | 4,283,713 |
2.25% 4/16/50 (Reg. S) | EUR | 3,919,000 | 3,202,387 |
2.375% 9/25/28 (Reg. S) | EUR | 2,600,000 | 2,814,501 |
2.75% 2/26/34 (Reg. S) | EUR | 4,289,000 | 4,498,952 |
TOTAL CYPRUS | 26,744,237 | ||
Denmark - 1.9% | |||
Danish Kingdom: | |||
0% 11/15/24 | DKK | 52,900,000 | 7,621,918 |
0% 11/15/31 | DKK | 50,702,000 | 6,357,591 |
0% 11/15/31 (Reg. S) | DKK | 146,127,000 | 18,312,048 |
0.25% 11/15/52 (Reg. S) | DKK | 143,750,000 | 12,088,650 |
0.5% 11/15/27 | DKK | 169,987,000 | 23,705,291 |
0.5% 11/15/29(Reg. S) | DKK | 178,726,000 | 24,170,080 |
1.75% 11/15/25 | DKK | 124,198,000 | 18,154,011 |
2.25% 11/15/33(Reg. S) | DKK | 95,000,000 | 14,059,423 |
4.5% 11/15/39 | DKK | 321,664,000 | 60,791,128 |
TOTAL DENMARK | 185,260,140 | ||
Estonia - 0.1% | |||
Estonian Republic: | |||
0.125% 6/10/30 (Reg. S) | EUR | 2,467,000 | 2,256,047 |
4% 10/12/32(Reg. S) | EUR | 6,500,000 | 7,715,788 |
TOTAL ESTONIA | 9,971,835 | ||
Finland - 3.3% | |||
Finnish Government: | |||
0% 9/15/26 (Reg. S) (b) | EUR | 17,640,000 | 18,255,794 |
0% 9/15/30 (Reg. S) (b) | EUR | 18,105,000 | 17,055,519 |
0.125% 9/15/31 (Reg. S) (b) | EUR | 22,467,000 | 20,760,291 |
0.125% 4/15/36 (Reg. S) (b) | EUR | 23,991,000 | 19,337,129 |
0.125% 4/15/52 (Reg. S) (b) | EUR | 19,800,000 | 10,737,824 |
0.25% 9/15/40 (Reg. S) (b) | EUR | 22,189,000 | 16,218,256 |
0.5% 4/15/26 (Reg. S) (b) | EUR | 33,649,000 | 35,536,945 |
0.5% 9/15/27 (Reg. S) (b) | EUR | 13,808,000 | 14,291,913 |
0.5% 9/15/28 (Reg. S) (b) | EUR | 19,079,000 | 19,362,959 |
0.5% 9/15/29 (Reg. S) (b) | EUR | 21,445,000 | 21,385,575 |
0.5% 4/15/43(Reg. S) (b) | EUR | 27,870,000 | 20,116,474 |
0.875% 9/15/25 (Reg. S) (b) | EUR | 22,796,000 | 24,448,323 |
1.125% 4/15/34 (Reg. S) (b) | EUR | 2,320,000 | 2,220,798 |
1.375% 4/15/47(Reg. S) (b) | EUR | 5,710,000 | 4,779,796 |
1.5% 9/15/32(Reg. S) (b) | EUR | 31,260,000 | 31,781,618 |
2.75% 7/4/28 (b) | EUR | 20,413,000 | 22,951,828 |
3% 9/15/33(Reg. S) (b) | EUR | 18,100,000 | 20,686,842 |
TOTAL FINLAND | 319,927,884 | ||
France - 7.1% | |||
French Government: | |||
OAT: | |||
3.25% 5/25/45 | EUR | 11,653,000 | 13,418,782 |
4.5% 4/25/41 | EUR | 1,710,000 | 2,300,833 |
0% 2/25/25(Reg. S) | EUR | 20,610,000 | 22,012,956 |
0% 3/25/25(Reg. S) | EUR | 53,272,000 | 56,787,985 |
0% 2/25/26 (Reg. S) | EUR | 60,900,000 | 63,922,408 |
0% 2/25/27 (Reg. S) | EUR | 26,074,000 | 26,833,904 |
0% 11/25/29 (Reg. S) | EUR | 50,654,000 | 49,047,873 |
0% 11/25/31 (Reg. S) | EUR | 7,769,000 | 7,124,777 |
0% 5/25/32 (Reg. S) | EUR | 22,900,000 | 20,690,536 |
0.5% 5/25/29 (Reg. S) | EUR | 32,490,000 | 32,729,804 |
0.5% 5/25/40 (Reg. S) (b) | EUR | 24,343,000 | 18,610,136 |
0.5% 6/25/44(Reg. S) (b) | EUR | 7,500,000 | 5,185,470 |
0.5% 5/25/72 (b) | EUR | 7,170,000 | 3,310,276 |
0.75% 2/25/28(Reg. S) | EUR | 14,300,000 | 14,874,310 |
0.75% 5/25/28 (Reg. S) | EUR | 12,780,000 | 13,248,230 |
0.75% 11/25/28(Reg. S) | EUR | 27,662,000 | 28,474,964 |
0.75% 5/25/52 (Reg. S) | EUR | 34,264,000 | 21,677,404 |
0.75% 5/25/53 (Reg. S) (b) | EUR | 15,200,000 | 9,425,046 |
1.25% 5/25/36(Reg. S) (b) | EUR | 75,986,000 | 70,971,695 |
1.5% 5/25/50 (Reg. S) (b) | EUR | 9,827,000 | 7,879,901 |
1.75% 6/25/39 (Reg. S) (b) | EUR | 6,190,000 | 5,940,551 |
1.75% 5/25/66 (b) | EUR | 4,110,000 | 3,235,820 |
2% 11/25/32(Reg. S) | EUR | 32,000,000 | 34,063,976 |
2% 5/25/48 (b) | EUR | 70,000 | 63,900 |
2.5% 9/24/26(Reg. S) | EUR | 15,600,000 | 17,291,712 |
2.5% 5/25/30 | EUR | 50,278,000 | 56,242,162 |
2.5% 5/25/43(Reg. S) (b) | EUR | 8,200,000 | 8,420,913 |
2.75% 10/25/27 | EUR | 40,810,000 | 45,878,907 |
3% 5/25/33 (Reg. S) | EUR | 13,200,000 | 15,158,173 |
3% 5/25/54(Reg. S) (b) | EUR | 6,300,000 | 6,830,476 |
3.5% 4/25/26 | EUR | 10,516,000 | 11,898,583 |
4.75% 4/25/35 | EUR | 36,000 | 47,819 |
TOTAL FRANCE | 693,600,282 | ||
Germany - 5.0% | |||
German Federal Republic: | |||
0% 10/18/24 (Reg. S) | EUR | 1,018,000 | 1,095,510 |
0% 4/11/25 (Reg. S) (d) | EUR | 26,010,000 | 27,728,628 |
0% 10/10/25 (Reg. S) (d) | EUR | 39,774,000 | 42,090,519 |
0% 4/10/26 (Reg. S) (d) | EUR | 11,500,000 | 12,078,351 |
0% 10/9/26 (Reg. S) (d) | EUR | 33,949,000 | 35,356,744 |
0% 4/16/27 (Reg. S) (d) | EUR | 18,990,000 | 19,629,651 |
0% 8/15/29(Reg. S) (d) | EUR | 14,992,000 | 14,907,988 |
0% 8/15/30 (Reg. S) (d) | EUR | 31,124,000 | 30,364,860 |
0% 8/15/31 | EUR | 940,000 | 898,340 |
0% 2/15/32 (Reg. S) | EUR | 15,890,000 | 15,005,016 |
0% 5/15/36 (Reg. S) (d) | EUR | 14,965,000 | 12,666,485 |
0% 8/15/50 (d) | EUR | 16,203,000 | 9,962,762 |
0% 8/15/52 (Reg. S) | EUR | 13,519,000 | 7,951,846 |
0.25% 2/15/27 | EUR | 1,710,000 | 1,786,911 |
0.25% 2/15/29 (d) | EUR | 20,250,000 | 20,596,544 |
1.25% 8/15/48 (c) | EUR | 4,320,000 | 3,873,710 |
1.3% 10/15/27(Reg. S) | EUR | 12,400,000 | 13,360,089 |
1.7% 8/15/32(Reg. S) (d) | EUR | 20,300,000 | 21,942,995 |
1.8% 8/15/53(Reg. S) | EUR | 13,300,000 | 13,241,444 |
2.1% 11/15/29(Reg. S) | EUR | 5,600,000 | 6,243,323 |
2.2% 4/13/28(Reg. S) | EUR | 19,000,000 | 21,171,167 |
2.3% 2/15/33(Reg. S) (d) | EUR | 20,600,000 | 23,321,912 |
2.4% 10/19/28(Reg. S) | EUR | 9,900,000 | 11,153,960 |
2.5% 7/4/44 | EUR | 52,000 | 59,289 |
2.5% 8/15/46 | EUR | 7,381,000 | 8,460,040 |
2.6% 8/15/33(Reg. S) | EUR | 11,800,000 | 13,677,263 |
2.8% 6/12/25 (Reg. S) | EUR | 9,600,000 | 10,614,000 |
3.25% 7/4/42 (d) | EUR | 28,570,000 | 36,018,353 |
4% 1/4/37 | EUR | 8,010,000 | 10,639,588 |
4.75% 7/4/34 | EUR | 650,000 | 897,587 |
4.75% 7/4/40 (d) | EUR | 15,931,000 | 23,526,342 |
5.5% 1/4/31 | EUR | 12,481,000 | 16,956,595 |
6.5% 7/4/27 | EUR | 4,770,000 | 6,044,723 |
TOTAL GERMANY | 493,322,535 | ||
Hong Kong - 0.2% | |||
Hong Kong Government SAR: | |||
1.25% 6/29/27 | HKD | 66,600,000 | 8,027,992 |
1.59% 3/4/36 | HKD | 33,800,000 | 3,562,904 |
1.68% 1/21/26 | HKD | 33,050,000 | 4,095,532 |
1.89% 3/2/32 | HKD | 9,400,000 | 1,105,304 |
1.97% 1/17/29 | HKD | 36,000,000 | 4,397,443 |
2.02% 3/7/34 | HKD | 12,000,000 | 1,373,276 |
2.13% 7/16/30 | HKD | 4,750,000 | 578,052 |
2.22% 8/7/24 | HKD | 3,250,000 | 411,435 |
TOTAL HONG KONG | 23,551,938 | ||
Ireland - 3.7% | |||
Irish Republic: | |||
0% 10/18/31 (Reg. S) | EUR | 31,431,000 | 29,029,252 |
0.2% 5/15/27 (Reg. S) | EUR | 7,634,000 | 7,878,550 |
0.2% 10/18/30 (Reg. S) | EUR | 21,745,000 | 20,862,799 |
0.35% 10/18/32 (Reg. S) | EUR | 43,512,000 | 40,417,997 |
0.4% 5/15/35 (Reg. S) | EUR | 24,240,000 | 21,179,163 |
0.55% 4/22/41 (Reg. S) | EUR | 13,006,000 | 10,042,369 |
0.9% 5/15/28 (Reg. S) | EUR | 19,128,000 | 20,010,255 |
1% 5/15/26(Reg. S) | EUR | 50,217,000 | 53,760,862 |
1.1% 5/15/29 (Reg. S) | EUR | 53,329,000 | 55,549,488 |
1.5% 5/15/50 (Reg. S) | EUR | 25,043,000 | 20,740,083 |
1.7% 5/15/37 | EUR | 4,490,000 | 4,416,549 |
2% 2/18/45 (Reg.S) | EUR | 23,584,000 | 22,447,701 |
2.4% 5/15/30 (Reg. S) | EUR | 20,760,000 | 23,109,306 |
3% 10/18/43(Reg. S) | EUR | 13,800,000 | 15,801,843 |
5.4% 3/13/25 | EUR | 13,372,000 | 15,153,715 |
TOTAL IRELAND | 360,399,932 | ||
Italy - 5.9% | |||
Italian Republic: | |||
0% 4/1/26 (Reg. S) | EUR | 51,571,000 | 53,453,272 |
0% 8/1/26(Reg. S) | EUR | 12,600,000 | 12,956,561 |
0.25% 3/15/28 (Reg. S) | EUR | 24,775,000 | 24,514,129 |
0.45% 2/15/29(Reg. S) | EUR | 29,560,000 | 28,679,629 |
0.6% 8/1/31 (Reg. S) (b) | EUR | 17,143,000 | 15,462,873 |
0.95% 8/1/30 (Reg. S) | EUR | 16,920,000 | 16,152,634 |
0.95% 6/1/32 (Reg. S) | EUR | 31,140,000 | 28,151,328 |
0.95% 3/1/37 (Reg. S) (b) | EUR | 41,747,000 | 32,284,217 |
1.1% 4/1/27 (Reg. S) | EUR | 27,790,000 | 29,079,179 |
1.45% 5/15/25 | EUR | 12,582,000 | 13,595,433 |
1.65% 3/1/32 (b) | EUR | 1,710,000 | 1,650,724 |
1.7% 9/1/51 (Reg. S) (b) | EUR | 5,786,000 | 3,924,963 |
1.8% 3/1/41 (Reg. S) (b) | EUR | 31,210,000 | 24,841,535 |
2.15% 9/1/52 (Reg. S) (b) | EUR | 22,110,000 | 16,220,949 |
2.15% 3/1/72 (Reg. S) (b) | EUR | 4,097,000 | 2,756,082 |
2.5% 12/1/24 | EUR | 24,400,000 | 26,738,936 |
2.5% 12/1/32(Reg. S) | EUR | 18,000,000 | 18,354,665 |
2.65% 12/1/27(Reg. S) | EUR | 14,400,000 | 15,772,884 |
2.7% 3/1/47 (b) | EUR | 5,850,000 | 5,091,314 |
2.8% 6/15/29(Reg. S) | EUR | 16,700,000 | 18,169,307 |
3% 8/1/29 | EUR | 18,611,000 | 20,467,951 |
3.25% 9/1/46 (b) | EUR | 9,830,000 | 9,421,232 |
3.5% 1/15/26(Reg. S) | EUR | 17,100,000 | 19,117,757 |
3.7% 6/15/30(Reg. S) | EUR | 5,900,000 | 6,680,611 |
3.8% 8/1/28(Reg. S) | EUR | 9,700,000 | 11,078,052 |
3.85% 12/15/29(Reg. S) | EUR | 5,900,000 | 6,749,623 |
4% 2/1/37 (b) | EUR | 137,000 | 153,058 |
4.35% 11/1/33(Reg. S) | EUR | 10,500,000 | 12,274,329 |
4.4% 5/1/33(Reg. S) | EUR | 23,400,000 | 27,524,351 |
4.45% 9/1/43(Reg. S) (b) | EUR | 4,000,000 | 4,552,425 |
4.75% 9/1/44 (b) | EUR | 11,726,000 | 13,930,725 |
5% 8/1/34 (b) | EUR | 9,900,000 | 12,167,526 |
6% 5/1/31 | EUR | 20,409,000 | 26,500,573 |
7.25% 11/1/26 | EUR | 19,492,000 | 24,108,855 |
TOTAL ITALY | 582,577,682 | ||
Japan - 20.5% | |||
Japan Government: | |||
0.005% 12/1/24 | JPY | 2,769,200,000 | 19,649,929 |
0.005% 6/1/25 | JPY | 1,408,300,000 | 9,989,541 |
0.005% 8/1/25 | JPY | 7,780,900,000 | 55,191,966 |
0.005% 9/1/25 | JPY | 2,255,300,000 | 15,993,596 |
0.005% 3/20/26 | JPY | 676,550,000 | 4,795,396 |
0.005% 6/20/26 | JPY | 4,721,750,000 | 33,461,468 |
0.005% 3/20/27 | JPY | 5,770,000,000 | 40,834,822 |
0.005% 6/20/27 | JPY | 2,590,000,000 | 18,312,586 |
0.1% 3/20/24 | JPY | 260,000,000 | 1,845,023 |
0.1% 3/20/27 | JPY | 3,530,000,000 | 25,058,243 |
0.1% 6/20/27 | JPY | 5,020,150,000 | 35,612,802 |
0.1% 9/20/27 | JPY | 30,000,000 | 212,657 |
0.1% 9/20/27 | JPY | 5,328,100,000 | 37,766,026 |
0.1% 3/20/28 | JPY | 6,334,600,000 | 44,806,737 |
0.1% 9/20/28 | JPY | 1,415,100,000 | 9,981,975 |
0.1% 6/20/31 | JPY | 15,092,100,000 | 104,506,906 |
0.2% 12/20/27 | JPY | 1,559,000,000 | 11,083,495 |
0.2% 3/20/28 | JPY | 2,462,400,000 | 17,490,375 |
0.2% 6/20/28 | JPY | 3,820,600,000 | 27,115,963 |
0.2% 3/20/32 | JPY | 2,048,200,000 | 14,182,841 |
0.2% 9/20/32 | JPY | 1,023,200,000 | 7,049,195 |
0.2% 6/20/36 | JPY | 4,474,500,000 | 29,212,773 |
0.3% 12/20/25 | JPY | 3,000,000,000 | 21,392,340 |
0.3% 9/20/28 | JPY | 2,825,200,000 | 20,111,016 |
0.4% 3/20/25 | JPY | 9,610,400,000 | 68,504,431 |
0.4% 6/20/25 | JPY | 1,615,650,000 | 11,525,199 |
0.4% 9/20/28 | JPY | 2,067,700,000 | 14,788,748 |
0.4% 6/20/33 | JPY | 10,242,300,000 | 71,283,502 |
0.4% 6/20/41 | JPY | 27,727,900,000 | 169,824,537 |
0.4% 3/20/56 | JPY | 140,000,000 | 678,255 |
0.5% 12/20/32 | JPY | 6,077,800,000 | 42,892,026 |
0.5% 3/20/33 | JPY | 13,766,200,000 | 96,908,190 |
0.5% 3/20/60 | JPY | 597,800,000 | 2,865,709 |
0.6% 6/20/24 | JPY | 410,400,000 | 2,920,447 |
0.6% 12/20/36 | JPY | 8,330,000,000 | 56,823,006 |
0.7% 6/20/51 | JPY | 9,617,450,000 | 54,212,406 |
0.7% 3/20/61 | JPY | 5,773,100,000 | 29,501,360 |
0.8% 9/20/33 | JPY | 5,624,900,000 | 40,557,923 |
0.8% 3/20/42 | JPY | 15,485,900,000 | 100,714,363 |
0.9% 6/20/42 | JPY | 3,810,000,000 | 25,133,570 |
1% 3/20/52 | JPY | 9,999,000,000 | 60,698,894 |
1.1% 3/20/43 | JPY | 8,054,000,000 | 54,563,851 |
1.1% 6/20/43 | JPY | 6,114,400,000 | 41,312,095 |
1.2% 6/20/53 | JPY | 5,376,400,000 | 34,107,348 |
1.3% 6/20/52 | JPY | 2,660,000,000 | 17,389,609 |
1.4% 12/20/42 | JPY | 8,300,300,000 | 59,325,364 |
1.4% 12/20/45 | JPY | 970,400,000 | 6,780,963 |
1.4% 9/20/52 | JPY | 2,841,600,000 | 19,008,893 |
1.4% 3/20/53 | JPY | 5,827,900,000 | 38,897,719 |
1.5% 9/20/43 | JPY | 2,695,500,000 | 19,451,569 |
1.6% 3/20/33 | JPY | 4,250,200,000 | 32,900,165 |
1.6% 12/20/52 | JPY | 7,051,200,000 | 49,393,406 |
1.7% 9/20/32 | JPY | 200,000,000 | 1,558,723 |
1.8% 9/20/53 | JPY | 2,224,000,000 | 16,290,406 |
2% 12/20/24 | JPY | 1,548,550,000 | 11,197,884 |
2% 3/20/25 | JPY | 40,000,000 | 290,610 |
2.1% 6/20/27 | JPY | 730,000,000 | 5,536,144 |
2.3% 3/20/40 | JPY | 1,641,350,000 | 13,549,402 |
2.4% 6/20/28 | JPY | 4,480,650,000 | 34,905,852 |
2.4% 3/20/48 | JPY | 4,353,800,000 | 36,160,625 |
2.5% 6/20/34 | JPY | 8,518,600,000 | 71,391,305 |
TOTAL JAPAN | 2,019,502,170 | ||
Latvia - 0.4% | |||
Latvian Republic: | |||
0% 3/17/31 (Reg. S) | EUR | 5,378,000 | 4,742,629 |
0.25% 1/23/30 (Reg. S) | EUR | 2,400,000 | 2,219,443 |
0.375% 10/7/26 (Reg. S) | EUR | 6,887,000 | 7,070,168 |
1.125% 5/30/28 (Reg. S) | EUR | 7,800,000 | 7,951,825 |
1.375% 9/23/25 (Reg. S) | EUR | 10,220,000 | 10,963,191 |
1.375% 5/16/36 (Reg. S) | EUR | 1,833,000 | 1,586,597 |
1.875% 2/19/49 (Reg. S) | EUR | 4,878,000 | 3,861,632 |
2.25% 2/15/47(Reg. S) | EUR | 1,380,000 | 1,180,918 |
TOTAL LATVIA | 39,576,403 | ||
Lithuania - 0.5% | |||
Lithuanian Republic: | |||
0.5% 7/28/50 (Reg. S) | EUR | 2,285,000 | 1,233,086 |
0.75% 5/6/30 (Reg. S) | EUR | 5,762,000 | 5,445,109 |
0.75% 7/15/51(Reg. S) | EUR | 2,250,000 | 1,293,012 |
0.95% 5/26/27 (Reg. S) | EUR | 1,116,000 | 1,142,429 |
1.625% 6/19/49 (Reg. S) | EUR | 1,009,000 | 733,070 |
2.1% 5/26/47 (Reg. S) | EUR | 3,903,000 | 3,418,665 |
2.125% 10/29/26 (Reg. S) | EUR | 4,140,000 | 4,456,551 |
2.125% 10/22/35 (Reg. S) | EUR | 6,210,000 | 6,021,623 |
3.875% 6/14/33(Reg. S) | EUR | 5,200,000 | 6,000,185 |
4.125% 4/25/28(Reg. S) | EUR | 13,600,000 | 15,478,244 |
TOTAL LITHUANIA | 45,221,974 | ||
Luxembourg - 0.4% | |||
Grand Duchy of Luxembourg: | |||
0% 4/28/25 (Reg. S) | EUR | 174,000 | 184,776 |
0% 11/13/26 (Reg. S) | EUR | 10,726,000 | 11,069,884 |
0% 4/28/30 (Reg. S) | EUR | 1,879,000 | 1,789,447 |
0% 3/24/31 (Reg. S) | EUR | 9,303,000 | 8,655,801 |
0% 9/14/32 (Reg. S) | EUR | 2,297,000 | 2,059,225 |
0.625% 2/1/27 (Reg. S) | EUR | 5,651,000 | 5,903,493 |
1.375% 5/25/29(Reg. S) | EUR | 3,870,000 | 4,068,823 |
1.75% 5/25/42(Reg. S) | EUR | 2,630,000 | 2,463,351 |
3.25% 3/2/43(Reg. S) | EUR | 5,700,000 | 6,668,463 |
TOTAL LUXEMBOURG | 42,863,263 | ||
Netherlands - 4.7% | |||
Dutch Government: | |||
0% 1/15/26 (b) | EUR | 30,220,000 | 31,772,233 |
0% 1/15/27 (Reg. S) (b) | EUR | 2,084,000 | 2,153,851 |
0% 1/15/29(Reg. S) (b) | EUR | 4,200,000 | 4,166,468 |
0% 7/15/30 (Reg. S) (b) | EUR | 44,713,000 | 42,936,178 |
0% 7/15/31 (Reg. S) (b) | EUR | 6,951,000 | 6,513,238 |
0% 1/15/38 (Reg. S) (b) | EUR | 28,830,000 | 22,484,862 |
0% 1/15/52 (Reg. S) (b) | EUR | 17,727,000 | 10,040,050 |
0.25% 7/15/25 (b) | EUR | 35,050,000 | 37,354,050 |
0.25% 7/15/29(Reg. S) (b) | EUR | 1,900,000 | 1,893,865 |
0.5% 7/15/26(Reg. S) (b) | EUR | 9,511,000 | 10,051,333 |
0.5% 7/15/32 (Reg. S) (b) | EUR | 16,600,000 | 15,824,738 |
0.5% 1/15/40 (Reg. S) (b) | EUR | 42,689,000 | 34,878,244 |
0.75% 7/15/27 (Reg. S) (b) | EUR | 40,302,000 | 42,405,547 |
0.75% 7/15/28 (b) | EUR | 78,754,000 | 81,797,949 |
2% 1/15/54(Reg. S) (b) | EUR | 18,200,000 | 18,099,377 |
2.5% 1/15/33 (b) | EUR | 11,430,000 | 12,843,256 |
2.5% 7/15/33(Reg. S) (b) | EUR | 22,500,000 | 25,201,572 |
2.75% 1/15/47 (b) | EUR | 18,665,000 | 21,552,531 |
3.75% 1/15/42 (b) | EUR | 23,730,000 | 30,866,647 |
4% 1/15/37 (b) | EUR | 8,170,000 | 10,521,954 |
TOTAL NETHERLANDS | 463,357,943 | ||
New Zealand - 1.9% | |||
New Zealand Government: | |||
0.25% 5/15/28 | NZD | 39,600,000 | 21,134,729 |
0.5% 5/15/24 | NZD | 2,189,000 | 1,359,161 |
0.5% 5/15/26 | NZD | 51,379,000 | 29,655,490 |
1.5% 5/15/31 | NZD | 63,200,000 | 33,015,035 |
1.75% 5/15/41 | NZD | 9,264,000 | 3,854,458 |
2% 5/15/32 | NZD | 41,113,000 | 21,824,492 |
2.75% 4/15/37 (Reg. S) | NZD | 45,131,000 | 23,462,711 |
2.75% 5/15/51 | NZD | 23,500,000 | 10,597,189 |
3% 4/20/29 | NZD | 39,494,000 | 23,607,475 |
3.5% 4/14/33 (Reg. S) | NZD | 22,900,000 | 13,564,956 |
4.5% 4/15/27 | NZD | 12,600,000 | 8,019,651 |
TOTAL NEW ZEALAND | 190,095,347 | ||
Norway - 1.2% | |||
Kingdom of Norway: | |||
1.25% 9/17/31 (Reg. S) (b) | NOK | 12,161,000 | 1,036,089 |
1.375% 8/19/30 (Reg. S) (b) | NOK | 325,081,000 | 28,369,765 |
1.5% 2/19/26 (Reg. S) (b) | NOK | 76,672,000 | 7,224,445 |
1.75% 3/13/25 (Reg. S) (b) | NOK | 199,500,000 | 19,152,071 |
1.75% 2/17/27 (Reg. S) (b) | NOK | 263,382,000 | 24,700,083 |
1.75% 9/6/29 (Reg. S) (b) | NOK | 75,590,000 | 6,855,024 |
2% 4/26/28 (Reg. S) (b) | NOK | 45,900,000 | 4,292,777 |
2.125% 5/18/32(Reg. S) (b) | NOK | 142,533,000 | 12,859,269 |
3% 8/15/33(Reg. S) (b) | NOK | 97,000,000 | 9,333,783 |
3.5% 10/6/42(Reg. S) (b) | NOK | 36,600,000 | 3,788,339 |
TOTAL NORWAY | 117,611,645 | ||
Portugal - 4.6% | |||
Portugal Obrigacoes Do Tesouro: | |||
0.3% 10/17/31 (Reg. S) (b) | EUR | 2,477,000 | 2,301,200 |
0.475% 10/18/30 (Reg. S) (b) | EUR | 16,191,000 | 15,683,732 |
0.7% 10/15/27 (Reg. S) (b) | EUR | 56,405,000 | 58,769,842 |
0.9% 10/12/35 (Reg. S) (b) | EUR | 20,277,000 | 17,901,120 |
1% 4/12/52 (Reg. S) (b) | EUR | 14,615,000 | 9,307,191 |
1.15% 4/11/42 (Reg. S) (b) | EUR | 27,900,000 | 22,201,804 |
1.65% 7/16/32 (Reg. S) (b) | EUR | 71,240,000 | 72,668,347 |
1.95% 6/15/29 (Reg. S) (b) | EUR | 46,574,000 | 50,406,083 |
2.875% 10/15/25 (Reg. S) (b) | EUR | 73,288,000 | 81,365,511 |
2.875% 7/21/26(Reg. S) (b) | EUR | 27,450,000 | 30,811,192 |
3.875% 2/15/30(Reg. S) (b) | EUR | 16,065,000 | 19,192,288 |
4.1% 2/15/45(Reg. S) (b) | EUR | 7,847,000 | 9,815,874 |
Republic of Portugal: | |||
2.125% 10/17/28 (b) | EUR | 33,085,000 | 36,264,192 |
4.1% 4/15/37 (b) | EUR | 24,573,000 | 30,206,907 |
TOTAL PORTUGAL | 456,895,283 | ||
Singapore - 2.8% | |||
Republic of Singapore: | |||
, yield at date of purchase 2.1345% to 3.2056% 10/1/51 | SGD | 41,700,000 | 26,529,068 |
1.625% 7/1/31 | SGD | 57,454,000 | 40,290,719 |
1.875% 3/1/50 | SGD | 19,850,000 | 12,619,170 |
2.125% 6/1/26 | SGD | 65,913,000 | 48,834,803 |
2.25% 8/1/36 | SGD | 8,615,000 | 6,188,308 |
2.375% 7/1/39 | SGD | 5,400,000 | 3,886,691 |
2.625% 5/1/28 | SGD | 3,800,000 | 2,874,150 |
2.625% 8/1/32 | SGD | 31,700,000 | 23,839,553 |
2.75% 4/1/42 | SGD | 48,017,000 | 36,330,650 |
2.875% 9/1/27 | SGD | 41,000,000 | 31,228,036 |
2.875% 8/1/28 | SGD | 5,800,000 | 4,431,424 |
2.875% 7/1/29 | SGD | 3,553,000 | 2,711,022 |
3.375% 9/1/33 | SGD | 23,600,000 | 18,886,616 |
3.5% 3/1/27 | SGD | 18,124,000 | 13,984,216 |
TOTAL SINGAPORE | 272,634,426 | ||
Slovakia - 1.7% | |||
Slovakia Republic: | |||
0.125% 6/17/27 (Reg. S) | EUR | 8,670,000 | 8,741,324 |
0.25% 5/14/25 (Reg. S) | EUR | 35,344,000 | 37,460,410 |
0.375% 4/21/36(Reg. S) | EUR | 5,220,000 | 3,964,221 |
1% 6/12/28 (Reg. S) | EUR | 13,930,000 | 14,180,844 |
1% 10/9/30 (Reg. S) | EUR | 14,233,000 | 13,757,097 |
1% 5/14/32 (Reg. S) | EUR | 18,381,000 | 17,115,038 |
1% 10/13/51 (Reg. S) | EUR | 920,000 | 526,119 |
1.375% 1/21/27 | EUR | 3,150,000 | 3,331,459 |
1.875% 3/9/37 (Reg. S) | EUR | 4,837,000 | 4,408,651 |
2% 10/17/47 (Reg. S) | EUR | 18,134,000 | 14,755,826 |
2.25% 6/12/68 (Reg. S) | EUR | 1,282,000 | 999,403 |
3.625% 1/16/29 (Reg. S) | EUR | 14,171,000 | 16,087,116 |
3.625% 6/8/33(Reg. S) | EUR | 24,500,000 | 27,960,415 |
3.875% 2/8/33 (Reg. S) | EUR | 3,054,000 | 3,559,996 |
TOTAL SLOVAKIA | 166,847,919 | ||
Slovenia - 0.9% | |||
Republic of Slovenia: | |||
0% 2/12/31 (Reg. S) | EUR | 5,375,000 | 4,856,284 |
0.125% 7/1/31(Reg. S) | EUR | 6,660,000 | 6,033,303 |
0.4875% 10/20/50 (Reg. S) | EUR | 6,065,000 | 3,451,173 |
0.6875% 3/3/81(Reg. S) | EUR | 348,000 | 186,428 |
0.875% 7/15/30 (Reg. S) | EUR | 14,118,000 | 13,792,447 |
1% 3/6/28(Reg. S) | EUR | 9,000,000 | 9,283,679 |
1.1875% 3/14/29 (Reg. S) | EUR | 4,421,000 | 4,511,739 |
1.5% 3/25/35 (Reg. S) | EUR | 6,884,000 | 6,381,529 |
1.75% 11/3/40 (Reg. S) | EUR | 8,240,000 | 7,376,937 |
2.125% 7/28/25 (Reg. S) | EUR | 261,000 | 284,506 |
2.25% 3/3/32 (Reg. S) | EUR | 6,950,000 | 7,343,151 |
3.125% 8/7/45 (Reg. S) | EUR | 6,338,000 | 6,905,316 |
3.625% 3/11/33(Reg. S) | EUR | 4,400,000 | 5,137,651 |
5.125% 3/30/26 (Reg. S) | EUR | 12,292,000 | 14,206,175 |
TOTAL SLOVENIA | 89,750,318 | ||
Spain - 4.7% | |||
Spanish Kingdom: | |||
0% 1/31/25 | EUR | 7,857,000 | 8,394,181 |
0% 5/31/25 | EUR | 39,010,000 | 41,323,339 |
0% 1/31/26 | EUR | 32,671,000 | 34,118,659 |
0% 1/31/27 | EUR | 31,580,000 | 32,249,988 |
0% 1/31/28 | EUR | 25,308,000 | 25,231,019 |
0.5% 10/31/31 (Reg. S) (b) | EUR | 7,736,000 | 7,185,090 |
0.6% 10/31/29 (Reg. S) (b) | EUR | 19,277,000 | 18,977,684 |
0.7% 4/30/32 (Reg. S) (b) | EUR | 22,230,000 | 20,705,080 |
0.8% 7/30/27 (Reg. S) (b) | EUR | 23,656,000 | 24,574,254 |
0.8% 7/30/29 | EUR | 24,230,000 | 24,247,169 |
0.85% 7/30/37 (Reg. S) (b) | EUR | 23,974,000 | 19,477,651 |
1% 7/30/42(Reg. S) (b) | EUR | 13,360,000 | 9,864,569 |
1% 10/31/50 (Reg. S) (b) | EUR | 15,809,000 | 9,848,359 |
1.2% 10/31/40 (Reg. S) (b) | EUR | 600,000 | 474,086 |
1.25% 10/31/30 (Reg. S) (b) | EUR | 8,115,000 | 8,149,848 |
1.4% 4/30/28 (Reg. S) (b) | EUR | 14,259,000 | 15,015,732 |
1.45% 4/30/29 (Reg. S) (b) | EUR | 8,730,000 | 9,102,603 |
1.45% 10/31/71 (Reg. S) (b) | EUR | 8,259,000 | 4,612,227 |
1.9% 10/31/52 (Reg. S) (b) | EUR | 11,400,000 | 8,695,752 |
1.95% 4/30/26 (Reg. S) (b) | EUR | 11,790,000 | 12,812,371 |
2.55% 10/31/32(Reg. S) (b) | EUR | 39,300,000 | 42,321,429 |
2.7% 10/31/48 (b) | EUR | 3,843,000 | 3,644,513 |
2.9% 10/31/46(Reg. S) (b) | EUR | 720,000 | 717,970 |
3.15% 4/30/33 (Reg. S) (b) | EUR | 7,100,000 | 7,967,792 |
3.45% 7/30/43(Reg. S) (b) | EUR | 10,500,000 | 11,486,631 |
3.55% 10/31/33(Reg. S) (b) | EUR | 12,700,000 | 14,680,795 |
4.2% 1/31/37 (b) | EUR | 6,230,000 | 7,602,115 |
5.15% 10/31/44 (b) | EUR | 14,225,000 | 19,525,967 |
5.75% 7/30/32 | EUR | 6,620,000 | 8,918,222 |
6% 1/31/29 | EUR | 6,030,000 | 7,735,889 |
TOTAL SPAIN | 459,660,984 | ||
Sweden - 1.4% | |||
Sweden Kingdom: | |||
0.125% 5/12/31 (Reg. S) | SEK | 176,865,000 | 15,300,820 |
0.5% 11/24/45 | SEK | 48,860,000 | 3,417,131 |
0.75% 5/12/28 | SEK | 111,760,000 | 10,479,614 |
0.75% 11/12/29 | SEK | 246,520,000 | 22,766,691 |
1% 11/12/26 (Reg. S) | SEK | 276,075,000 | 26,408,471 |
1.375% 6/23/71 | SEK | 45,910,000 | 3,093,880 |
1.75% 11/11/33(Reg. S) | SEK | 156,700,000 | 15,140,911 |
2.25% 6/1/32 | SEK | 87,865,000 | 8,880,701 |
2.5% 5/12/25 | SEK | 223,435,000 | 22,033,160 |
3.5% 3/30/39 | SEK | 108,125,000 | 12,525,221 |
TOTAL SWEDEN | 140,046,600 | ||
Switzerland - 2.6% | |||
Switzerland Confederation: | |||
0% 7/24/39 (Reg. S) | CHF | 2,070,000 | 2,213,395 |
0.25% 6/23/35(Reg. S) | CHF | 7,110,000 | 8,035,767 |
0.5% 6/27/32 | CHF | 27,300,000 | 31,889,828 |
0.5% 6/28/45 | CHF | 3,736,000 | 4,316,445 |
0.5% 5/24/55(Reg. S) | CHF | 15,200,000 | 17,827,040 |
0.5% 5/30/58 (Reg. S) | CHF | 3,907,000 | 4,643,340 |
1.25% 5/28/26 | CHF | 5,574,000 | 6,672,974 |
1.25% 6/27/37 (Reg. S) | CHF | 6,501,000 | 8,305,403 |
1.25% 6/28/43(Reg. S) | CHF | 4,000,000 | 5,283,225 |
1.5% 4/30/42 | CHF | 14,124,000 | 19,209,043 |
2% 6/25/64 (Reg. S) | CHF | 2,342,000 | 4,364,326 |
2.25% 6/22/31(Reg. S) | CHF | 16,319,000 | 21,565,179 |
2.5% 3/8/36 (Reg. S) | CHF | 3,128,000 | 4,505,198 |
3.5% 4/8/33 | CHF | 26,804,000 | 39,851,386 |
4% 4/8/28 | CHF | 25,010,000 | 33,716,769 |
4% 1/6/49 (Reg. S) | CHF | 19,826,000 | 41,975,205 |
TOTAL SWITZERLAND | 254,374,523 | ||
United Kingdom - 4.1% | |||
United Kingdom, Great Britain and Northern Ireland: | |||
0.125% 1/31/24 (Reg. S) | GBP | 56,000 | 71,102 |
0.125% 1/31/28 (Reg. S) | GBP | 2,396,000 | 2,679,847 |
0.375% 10/22/26 (Reg. S) | GBP | 21,340,000 | 24,929,310 |
0.375% 10/22/30 (Reg. S) | GBP | 12,977,000 | 13,553,308 |
0.5% 1/31/29(Reg. S) | GBP | 24,400,000 | 26,995,134 |
0.625% 6/7/25 | GBP | 38,680,000 | 46,954,319 |
0.625% 7/31/35 (Reg. S) | GBP | 155,000 | 140,473 |
0.875% 1/31/46 (Reg. S) | GBP | 8,692,000 | 5,919,647 |
1.25% 7/22/27 | GBP | 18,140,000 | 21,465,957 |
1.25% 10/22/41 (Reg. S) | GBP | 54,457,000 | 45,056,377 |
1.25% 7/31/51(Reg. S) | GBP | 67,940,000 | 46,088,371 |
1.5% 7/22/26(Reg. S) | GBP | 6,200,000 | 7,513,244 |
1.625% 10/22/28 | GBP | 3,570,000 | 4,212,671 |
1.625% 10/22/71 (Reg. S) | GBP | 19,072,000 | 12,592,645 |
3.25% 1/31/33(Reg. S) | GBP | 8,400,000 | 10,472,415 |
3.5% 10/22/25(Reg. S) | GBP | 15,700,000 | 19,844,364 |
3.5% 7/22/68 | GBP | 1,510,000 | 1,729,797 |
3.75% 10/22/53(Reg. S) (d) | GBP | 20,800,000 | 24,753,601 |
4.25% 6/7/32 | GBP | 10,600,000 | 14,304,268 |
4.25% 3/7/36 (Reg. S) | GBP | 2,199,000 | 2,941,141 |
4.25% 12/7/49 (Reg. S) | GBP | 15,124,000 | 19,598,300 |
4.5% 6/7/28(Reg. S) | GBP | 8,500,000 | 11,291,741 |
4.5% 9/7/34 | GBP | 2,430,000 | 3,328,465 |
4.75% 12/7/30 | GBP | 22,792,000 | 31,456,442 |
United Kingdom, Great Britain and Northern Ireland Treasury GILT 2.5% 7/22/65 (Reg. S) | GBP | 4,840,000 | 4,311,738 |
TOTAL UNITED KINGDOM | 402,204,677 | ||
TOTAL GOVERNMENT OBLIGATIONS (Cost $10,667,746,900) | 9,727,062,589 | ||
Money Market Funds - 1.5% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.40% (e) (Cost $149,869,926) | 149,839,958 | 149,869,926 | |
TOTAL INVESTMENT IN SECURITIES - 100.5% (Cost $10,817,616,826) | 9,876,932,515 |
NET OTHER ASSETS (LIABILITIES) - (0.5)% | (48,392,016) |
NET ASSETS - 100.0% | 9,828,540,499 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Bond Index Contracts | |||||
Eurex Euro-Bobl Contracts (Germany) | 286 | Mar 2024 | 37,660,238 | 654,878 | 654,878 |
ICE Long Gilt Contracts (United Kingdom) | 538 | Mar 2024 | 70,393,438 | 3,681,321 | 3,681,321 |
TOTAL FUTURES CONTRACTS | 4,336,199 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 1.1% |
Forward Foreign Currency Contracts | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation/ (Depreciation) ($) | ||
USD | 1,631,622 | CHF | 1,366,077 | JPMorgan Chase Bank, N.A. | 1/03/24 | 7,370 |
USD | 52,398,482 | EUR | 47,368,000 | BNP Paribas S.A. | 1/03/24 | 106,578 |
USD | 16,698,244 | GBP | 13,109,000 | BNP Paribas S.A. | 1/03/24 | (11,143) |
USD | 13,810,617 | SGD | 18,214,409 | BNP Paribas S.A. | 1/03/24 | 9,209 |
AUD | 718,992,000 | USD | 491,502,931 | Bank of America, N.A. | 1/04/24 | (1,528,504) |
AUD | 4,097,000 | USD | 2,775,365 | Goldman Sachs Bank USA | 1/04/24 | 16,634 |
CAD | 554,693,000 | USD | 419,174,035 | Bank of America, N.A. | 1/04/24 | (547,495) |
CAD | 40,667,000 | USD | 29,647,326 | Brown Brothers Harriman & Co | 1/04/24 | 1,044,039 |
CAD | 1,754,000 | USD | 1,314,762 | Citibank, N. A. | 1/04/24 | 8,981 |
CAD | 3,929,000 | USD | 2,897,760 | Goldman Sachs Bank USA | 1/04/24 | 67,455 |
CHF | 10,073,000 | USD | 11,537,497 | Citibank, N. A. | 1/04/24 | 440,529 |
CHF | 213,300,000 | USD | 252,874,926 | Citibank, N. A. | 1/04/24 | 764,798 |
DKK | 1,211,280,307 | USD | 179,848,598 | Bank of America, N.A. | 1/04/24 | (461,480) |
EUR | 43,578,000 | USD | 47,769,027 | Brown Brothers Harriman & Co | 1/04/24 | 340,979 |
EUR | 2,687,000 | USD | 2,948,528 | Brown Brothers Harriman & Co | 1/04/24 | 17,913 |
EUR | 10,906,000 | USD | 11,998,105 | Brown Brothers Harriman & Co | 1/04/24 | 42,092 |
EUR | 12,918,000 | USD | 14,193,020 | Brown Brothers Harriman & Co | 1/04/24 | 68,421 |
EUR | 28,541,000 | USD | 31,107,150 | Royal Bank of Canada | 1/04/24 | 402,045 |
EUR | 4,636,206,000 | USD | 5,131,120,991 | State Street Bank and Trust Co | 1/04/24 | (12,760,865) |
GBP | 4,519,000 | USD | 5,691,839 | Brown Brothers Harriman & Co | 1/04/24 | 68,339 |
GBP | 1,957,000 | USD | 2,494,793 | Canadian Imperial Bk. of Comm. | 1/04/24 | (288) |
GBP | 311,306,000 | USD | 396,136,885 | State Street Bank and Trust Co | 1/04/24 | 671,672 |
HKD | 176,764,610 | USD | 22,619,497 | BNP Paribas S.A. | 1/04/24 | 18,511 |
JPY | 6,408,300,000 | USD | 43,494,314 | Brown Brothers Harriman & Co | 1/04/24 | 1,962,014 |
JPY | 1,547,200,000 | USD | 10,782,039 | Brown Brothers Harriman & Co | 1/04/24 | 192,795 |
JPY | 283,920,044,303 | USD | 2,007,779,113 | State Street Bank and Trust Co | 1/04/24 | 6,165,702 |
NOK | 1,170,271,885 | USD | 114,734,787 | State Street Bank and Trust Co | 1/04/24 | 453,689 |
NZD | 292,347,000 | USD | 185,084,886 | Bank of America, N.A. | 1/04/24 | (276,921) |
SEK | 1,374,306,000 | USD | 137,508,980 | State Street Bank and Trust Co | 1/04/24 | (1,244,930) |
SGD | 1,191,000 | USD | 897,270 | BNP Paribas S.A. | 1/04/24 | 5,220 |
SGD | 373,395,924 | USD | 282,747,179 | State Street Bank and Trust Co | 1/04/24 | 196,528 |
USD | 16,423,315 | AUD | 24,843,000 | Bank of America, N.A. | 1/04/24 | (506,546) |
USD | 448,363,486 | AUD | 688,905,000 | State Street Bank and Trust Co | 1/04/24 | (21,107,431) |
USD | 6,176,484 | AUD | 9,341,000 | State Street Bank and Trust Co | 1/04/24 | (189,166) |
USD | 406,083,423 | CAD | 556,889,000 | BNP Paribas S.A. | 1/04/24 | (14,200,437) |
USD | 17,341,221 | CAD | 23,393,000 | BNP Paribas S.A. | 1/04/24 | (313,465) |
USD | 15,322,178 | CAD | 20,761,000 | State Street Bank and Trust Co | 1/04/24 | (346,138) |
USD | 253,257,370 | CHF | 223,373,000 | Citibank, N. A. | 1/04/24 | (12,360,380) |
USD | 174,835,581 | DKK | 1,195,211,000 | Bank of America, N.A. | 1/04/24 | (2,171,719) |
USD | 2,350,663 | DKK | 16,073,000 | State Street Bank and Trust Co | 1/04/24 | (29,702) |
USD | 5,012,123,824 | EUR | 4,594,064,000 | Bank of America, N.A. | 1/04/24 | (59,711,636) |
USD | 155,086,740 | EUR | 141,904,000 | State Street Bank and Trust Co | 1/04/24 | (1,574,930) |
USD | 15,002,913 | GBP | 11,865,000 | Brown Brothers Harriman & Co | 1/04/24 | (120,900) |
USD | 381,967,908 | GBP | 307,041,000 | JPMorgan Chase Bank, N.A. | 1/04/24 | (9,404,234) |
USD | 22,726,591 | HKD | 177,182,000 | Brown Brothers Harriman & Co | 1/04/24 | 35,128 |
USD | 49,824,598 | JPY | 7,351,900,000 | Bank of America, N.A. | 1/04/24 | (2,325,016) |
USD | 8,170,396 | JPY | 1,197,200,000 | Bank of America, N.A. | 1/04/24 | (321,765) |
USD | 12,080,858 | JPY | 1,781,950,000 | Canadian Imperial Bk. of Comm. | 1/04/24 | (559,141) |
USD | 1,895,591,067 | JPY | 281,548,350,000 | Royal Bank of Canada | 1/04/24 | (101,530,485) |
USD | 107,851,318 | NOK | 1,170,272,000 | State Street Bank and Trust Co | 1/04/24 | (7,337,170) |
USD | 7,192,094 | NZD | 11,733,000 | Bank of America, N.A. | 1/04/24 | (224,954) |
USD | 167,563,354 | NZD | 280,615,000 | State Street Bank and Trust Co | 1/04/24 | (9,828,194) |
USD | 128,248,920 | SEK | 1,350,910,000 | JPMorgan Chase Bank, N.A. | 1/04/24 | (5,695,390) |
USD | 2,304,469 | SEK | 23,396,000 | JPMorgan Chase Bank, N.A. | 1/04/24 | (15,272) |
USD | 6,597,756 | SGD | 8,839,000 | Citibank, N. A. | 1/04/24 | (100,066) |
USD | 273,176,877 | SGD | 366,490,000 | State Street Bank and Trust Co | 1/04/24 | (4,533,811) |
SGD | 10,175,000 | USD | 7,725,582 | BNP Paribas S.A. | 2/02/24 | (3,999) |
USD | 14,666,408 | AUD | 21,460,000 | Bank of America, N.A. | 2/02/24 | 26,975 |
USD | 493,889,650 | AUD | 721,834,000 | Bank of America, N.A. | 2/02/24 | 1,473,985 |
USD | 13,797,681 | CAD | 18,189,000 | Bank of America, N.A. | 2/02/24 | 64,641 |
USD | 420,608,526 | CAD | 556,341,000 | Bank of America, N.A. | 2/02/24 | 560,507 |
USD | 253,991,451 | CHF | 213,603,000 | Citibank, N. A. | 2/02/24 | (826,583) |
USD | 5,371,139 | CHF | 4,483,000 | JPMorgan Chase Bank, N.A. | 2/02/24 | 23,138 |
USD | 179,616,849 | DKK | 1,208,067,000 | Bank of America, N.A. | 2/02/24 | 418,302 |
USD | 168,479,825 | EUR | 152,129,000 | BNP Paribas S.A. | 2/02/24 | 319,928 |
USD | 5,150,602,122 | EUR | 4,648,625,000 | State Street Bank and Trust Co | 2/02/24 | 12,119,000 |
USD | 11,892,790 | GBP | 9,335,000 | BNP Paribas S.A. | 2/02/24 | (8,196) |
USD | 398,555,247 | GBP | 313,158,000 | State Street Bank and Trust Co | 2/02/24 | (682,998) |
USD | 23,333,042 | HKD | 182,207,000 | BNP Paribas S.A. | 2/02/24 | (18,334) |
USD | 2,014,304,022 | JPY | 283,556,800,000 | State Street Bank and Trust Co | 2/02/24 | (6,543,239) |
USD | 117,457,883 | NOK | 1,197,193,000 | State Street Bank and Trust Co | 2/02/24 | (472,414) |
USD | 185,563,602 | NZD | 293,080,000 | Bank of America, N.A. | 2/02/24 | 268,755 |
USD | 138,113,369 | SEK | 1,378,754,000 | State Street Bank and Trust Co | 2/02/24 | 1,235,127 |
USD | 283,148,627 | SGD | 373,430,000 | State Street Bank and Trust Co | 2/02/24 | (239,156) |
TOTAL FORWARD FOREIGN CURRENCY CONTRACTS | (250,517,494) | |||||
Unrealized Appreciation | 29,616,999 | |||||
Unrealized Depreciation | (280,134,493) |
AUD | - | Australian dollar |
CAD | - | Canadian dollar |
CHF | - | Swiss franc |
DKK | - | Danish krone |
EUR | - | European Monetary Unit |
GBP | - | British pound sterling |
HKD | - | Hong Kong dollar |
JPY | - | Japanese yen |
NOK | - | Norwegian krone |
NZD | - | New Zealand dollar |
SEK | - | Swedish krona |
SGD | - | Singapore dollar |
USD | - | U.S. dollar |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $2,857,129,220 or 29.1% of net assets. |
(c) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $3,355,918. |
(d) | Security or a portion of the security has been segregated as collateral for open forward foreign currency contracts. At period end, the value of securities pledged amounted to $293,796,194. |
(e) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.40% | 77,361,656 | 2,219,885,646 | 2,147,377,376 | 2,285,578 | - | - | 149,869,926 | 0.3% |
Total | 77,361,656 | 2,219,885,646 | 2,147,377,376 | 2,285,578 | - | - | 149,869,926 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Government Obligations | 9,727,062,589 | - | 9,727,062,589 | - |
Money Market Funds | 149,869,926 | 149,869,926 | - | - |
Total Investments in Securities: | 9,876,932,515 | 149,869,926 | 9,727,062,589 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 4,336,199 | 4,336,199 | - | - |
Forward Foreign Currency Contracts | 29,616,999 | - | 29,616,999 | - |
Total Assets | 33,953,198 | 4,336,199 | 29,616,999 | - |
Liabilities | ||||
Forward Foreign Currency Contracts | (280,134,493) | - | (280,134,493) | - |
Total Liabilities | (280,134,493) | - | (280,134,493) | - |
Total Derivative Instruments: | (246,181,295) | 4,336,199 | (250,517,494) | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts (a) | 29,616,999 | (280,134,493) |
Total Foreign Exchange Risk | 29,616,999 | (280,134,493) |
Interest Rate Risk | ||
Futures Contracts (b) | 4,336,199 | 0 |
Total Interest Rate Risk | 4,336,199 | 0 |
Total Value of Derivatives | 33,953,198 | (280,134,493) |
Counterparty | Value of Derivative Assets ($) | Value of Derivative Liabilities ($) | Collateral Received(a) ($) | Collateral Pledged(a) ($) | Net(b) ($) | |||||
Bank of America, N.A. | 2,813,165 | (68,076,036) | - | 65,262,871 | - | |||||
BNP Paribas S.A. | 459,446 | (14,555,574) | - | 14,096,128 | - | |||||
Brown Brothers Harriman & Co | 3,771,720 | (120,900) | (3,650,820) | - | - | |||||
Canadian Imperial Bk. of Comm. | - | (559,429) | - | 366,893 | (192,536) | |||||
Citibank, N.A. | 1,214,308 | (13,287,029) | - | 10,829,674 | (1,243,047) | |||||
Goldman Sachs Bank USA | 84,089 | - | - | - | 84,089 | |||||
JPMorgan Chase Bank, N.A. | 30,508 | (15,114,896) | - | 15,084,388 | - | |||||
Royal Bank of Canada | 402,045 | (101,530,485) | - | 98,190,264 | (2,938,176) | |||||
State Street Bank and Trust Co | 20,841,718 | (66,890,144) | - | 46,048,426 | - | |||||
Total | $ | 29,616,999 | $ | (280,134,493) | $ | (3,650,820) | $ | 249,878,644 | $ | (4,289,670) |
Statement of Assets and Liabilities | ||||
December 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $10,667,746,900) | $ | 9,727,062,589 | ||
Fidelity Central Funds (cost $149,869,926) | 149,869,926 | |||
Total Investment in Securities (cost $10,817,616,826) | $ | 9,876,932,515 | ||
Foreign currency held at value (cost $6,782,757) | 6,851,970 | |||
Receivable for investments sold | 83,758,350 | |||
Unrealized appreciation on forward foreign currency contracts | 29,616,999 | |||
Receivable for fund shares sold | 62,806,652 | |||
Interest receivable | 60,908,334 | |||
Distributions receivable from Fidelity Central Funds | 729,546 | |||
Receivable from investment adviser for expense reductions | 29,777 | |||
Total assets | 10,121,634,143 | |||
Liabilities | ||||
Unrealized depreciation on forward foreign currency contracts | $ | 280,134,493 | ||
Payable for fund shares redeemed | 11,786,174 | |||
Payable for daily variation margin on futures contracts | 916,446 | |||
Other payables and accrued expenses | 256,531 | |||
Total Liabilities | 293,093,644 | |||
Net Assets | $ | 9,828,540,499 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 10,658,741,069 | ||
Total accumulated earnings (loss) | (830,200,570) | |||
Net Assets | $ | 9,828,540,499 | ||
Net Asset Value, offering price and redemption price per share ($9,828,540,499 ÷ 1,124,867,828 shares) | $ | 8.74 |
Statement of Operations | ||||
Year ended December 31, 2023 | ||||
Investment Income | ||||
Interest | $ | 125,098,428 | ||
Income from Fidelity Central Funds | 2,285,578 | |||
Income before foreign taxes withheld | $ | 127,384,006 | ||
Less foreign taxes withheld | (572,680) | |||
Total Income | 126,811,326 | |||
Expenses | ||||
Custodian fees and expenses | $ | 609,691 | ||
Independent trustees' fees and expenses | 32,369 | |||
Interest | 1,175 | |||
Miscellaneous | 72 | |||
Total expenses before reductions | 643,307 | |||
Expense reductions | (335,792) | |||
Total expenses after reductions | 307,515 | |||
Net Investment income (loss) | 126,503,811 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (224,338,162) | |||
Forward foreign currency contracts | 52,981,086 | |||
Foreign currency transactions | 7,649,532 | |||
Futures contracts | (6,623,023) | |||
Total net realized gain (loss) | (170,330,567) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 653,014,678 | |||
Forward foreign currency contracts | 79,604,480 | |||
Assets and liabilities in foreign currencies | (53,311) | |||
Futures contracts | 9,615,100 | |||
Total change in net unrealized appreciation (depreciation) | 742,180,947 | |||
Net gain (loss) | 571,850,380 | |||
Net increase (decrease) in net assets resulting from operations | $ | 698,354,191 |
Statement of Changes in Net Assets | ||||
Year ended December 31, 2023 | Year ended December 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 126,503,811 | $ | 56,176,815 |
Net realized gain (loss) | (170,330,567) | 698,630,410 | ||
Change in net unrealized appreciation (depreciation) | 742,180,947 | (1,834,548,641) | ||
Net increase (decrease) in net assets resulting from operations | 698,354,191 | (1,079,741,416) | ||
Distributions to shareholders | (360,586,125) | (63,041,158) | ||
Share transactions | ||||
Proceeds from sales of shares | 1,868,490,454 | 5,973,560,658 | ||
Reinvestment of distributions | 360,586,125 | 63,041,158 | ||
Cost of shares redeemed | (1,072,708,577) | (1,260,957,359) | ||
Net increase (decrease) in net assets resulting from share transactions | 1,156,368,002 | 4,775,644,457 | ||
Total increase (decrease) in net assets | 1,494,136,068 | 3,632,861,883 | ||
Net Assets | ||||
Beginning of period | 8,334,404,431 | 4,701,542,548 | ||
End of period | $ | 9,828,540,499 | $ | 8,334,404,431 |
Other Information | ||||
Shares | ||||
Sold | 218,251,463 | 648,488,407 | ||
Issued in reinvestment of distributions | 41,654,654 | 7,336,551 | ||
Redeemed | (126,164,722) | (143,145,897) | ||
Net increase (decrease) | 133,741,395 | 512,679,061 | ||
Fidelity® Series International Developed Markets Bond Index Fund |
Years ended December 31, | 2023 | 2022 | 2021 A | |||
Selected Per-Share Data | ||||||
Net asset value, beginning of period | $ | 8.41 | $ | 9.83 | $ | 10.00 |
Income from Investment Operations | ||||||
Net investment income (loss) B,C | .118 | .066 | .007 | |||
Net realized and unrealized gain (loss) | .547 | (1.420) | (.169) | |||
Total from investment operations | .665 | (1.354) | (.162) | |||
Distributions from net investment income | (.335) | (.066) | (.008) | |||
Total distributions | (.335) | (.066) | (.008) | |||
Net asset value, end of period | $ | 8.74 | $ | 8.41 | $ | 9.83 |
Total Return D,E | 7.99% | (13.79)% | (1.62)% | |||
Ratios to Average Net Assets C,F,G | ||||||
Expenses before reductions | .01% | .01% | .01% H | |||
Expenses net of fee waivers, if any I | -% | -% | -% H | |||
Expenses net of all reductions I | -% | -% | -% H | |||
Net investment income (loss) | 1.38% | .74% | .21% H | |||
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $ | 9,828,540 | $ | 8,334,404 | $ | 4,701,543 |
Portfolio turnover rate J | 18% | 22% | 2% K |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Gross unrealized appreciation | $264,143,469 |
Gross unrealized depreciation | (1,008,064,894) |
Net unrealized appreciation (depreciation) | $(743,921,425) |
Tax Cost | $10,794,923,908 |
Undistributed ordinary income | $93,519,414 |
Capital loss carryforward | $(181,523,600) |
Net unrealized appreciation (depreciation) on securities and other investments | $(742,196,384) |
Short-term | $(82,017,951) |
Long-term | (99,505,648) |
Total capital loss carryforward | $(181,523,600) |
December 31, 2023 | December 31, 2022 | |
Ordinary Income | $360,586,125 | $63,041,158 |
Foreign Exchange Risk | Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates. |
Interest Rate Risk | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss)($) | Change in Net Unrealized Appreciation (Depreciation)($) |
Fidelity Series International Developed Markets Bond Index Fund | ||
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts | 52,981,086 | 79,604,480 |
Total Foreign Exchange Risk | 52,981,086 | 79,604,480 |
Interest Rate Risk | ||
Futures Contracts | (6,623,023) | 9,615,100 |
Total Interest Rate Risk | (6,623,023) | 9,615,100 |
Totals | 46,358,063 | 89,219,580 |
Purchases ($) | Sales ($) | |
Fidelity Series International Developed Markets Bond Index Fund | 2,636,984,943 | 1,620,345,463 |
Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Series International Developed Markets Bond Index Fund | $8,329,000 | 5.08% | $1,175 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (July 1, 2023 to December 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value July 1, 2023 | Ending Account Value December 31, 2023 | Expenses Paid During Period- C July 1, 2023 to December 31, 2023 | |||||||
Fidelity® Series International Developed Markets Bond Index Fund | -%-D | |||||||||
Actual | $ 1,000 | $ 1,044.90 | $-E | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.21 | $-E | |||||||
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal 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 | |
Abigail P. Johnson | ||
Affirmative | 21,333,918,003.710 | 98.990 |
Withheld | 218,238,294.280 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Jennifer Toolin McAuliffe | ||
Affirmative | 21,341,064,648.470 | 99.020 |
Withheld | 211,091,649.520 | 0.980 |
TOTAL | 21,552,156,297.990 | 100.000 |
Christine J. Thompson | ||
Affirmative | 21,338,732,597.390 | 99.010 |
Withheld | 213,423,700.600 | 0.990 |
TOTAL | 21,552,156,297.990 | 100.000 |
Elizabeth S. Acton | ||
Affirmative | 21,317,028,547.600 | 98.910 |
Withheld | 235,127,750.390 | 1.090 |
TOTAL | 21,552,156,297.990 | 100.000 |
Laura M. Bishop | ||
Affirmative | 21,336,468,393.320 | 99.000 |
Withheld | 215,687,904.670 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Ann E. Dunwoody | ||
Affirmative | 21,320,223,866.150 | 98.920 |
Withheld | 231,932,431.840 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
John Engler | ||
Affirmative | 21,279,172,233.730 | 98.730 |
Withheld | 272,984,064.260 | 1.270 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert F. Gartland | ||
Affirmative | 21,319,450,613.340 | 98.920 |
Withheld | 232,705,684.650 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert W. Helm | ||
Affirmative | 21,334,642,392.210 | 98.990 |
Withheld | 217,513,905.780 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Arthur E. Johnson | ||
Affirmative | 21,298,270,597.120 | 98.820 |
Withheld | 253,885,700.870 | 1.180 |
TOTAL | 21,552,156,297.990 | 100.000 |
Michael E. Kenneally | ||
Affirmative | 20,916,217,437.980 | 97.050 |
Withheld | 635,938,860.010 | 2.950 |
TOTAL | 21,552,156,297.990 | 100.000 |
Mark A. Murray | ||
Affirmative | 21,321,664,592.720 | 98.930 |
Withheld | 230,491,705.270 | 1.070 |
TOTAL | 21,552,156,297.990 | 100.000 |
Carol J. Zierhoffer | ||
Affirmative | 21,337,428,755.990 | 99.000 |
Withheld | 214,727,542.000 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Contents
Average Annual Total Returns | |||
Periods ended December 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 4.00% sales charge) | 1.07% | 1.03% | 1.79% |
Class M (incl. 4.00% sales charge) | 1.01% | 1.07% | 1.83% |
Class C (incl. contingent deferred sales charge) | 3.43% | 1.13% | 1.60% |
Fidelity® Intermediate Municipal Income Fund | 5.51% | 2.18% | 2.54% |
Class I | 5.53% | 2.11% | 2.46% |
Class Z | 5.56% | 2.24% | 2.53% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity® Intermediate Municipal Income Fund, a class of the fund, on December 31, 2013. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Municipal Bond Index performed over the same period. |
Top Five States (% of Fund's net assets) | |
Texas | 12.4 |
Illinois | 9.5 |
New York | 7.0 |
Florida | 6.8 |
California | 4.9 |
Revenue Sources (% of Fund's net assets) | ||
General Obligations | 31.8 | |
Transportation | 16.0 | |
Health Care | 12.1 | |
Special Tax | 6.5 | |
State G.O. | 6.2 | |
Other | 5.1 | |
Electric Utilities | 5.0 | |
Others* (Individually Less Than 5%) | 17.3 | |
100.0 | ||
*Includes net other assets |
Quality Diversification (% of Fund's net assets) |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Municipal Bonds - 94.4% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Alabama - 2.6% | |||
Black Belt Energy Gas District: | |||
Bonds: | |||
Series 2022 D1, 4%, tender 6/1/27 (b) | 9,420 | 9,472 | |
Series 2022 F, 5.5%, tender 12/1/28 (b) | 6,460 | 6,897 | |
Series 2023 B2, 5.25%, tender 12/1/30 (b) | 7,120 | 7,747 | |
Series 2023 D1, 5.5%, tender 2/1/29 (b) | 18,160 | 19,434 | |
Series 2022 E: | |||
5% 6/1/27 | 4,175 | 4,355 | |
5% 6/1/28 | 5,980 | 6,279 | |
Energy Southeast Ala Coop. District Bonds Series 2023 B1, 5.75%, tender 11/1/31 (b) | 9,840 | 11,020 | |
Hoover Series 2023: | |||
5% 3/1/39 | 5,000 | 5,792 | |
5% 3/1/40 | 11,480 | 13,180 | |
5% 3/1/41 | 3,860 | 4,412 | |
Huntsville Health Care Auth. Bonds Series 2023 A, 5%, tender 6/1/30 (b) | 32,270 | 35,883 | |
Lower Alabama Gas District Bonds (No. 2 Proj.) Series 2020, 4%, tender 12/1/25 (b) | 43,790 | 43,952 | |
Mobile County Board of School Commissioners Series 2016 B: | |||
5% 3/1/29 | 5,875 | 6,163 | |
5% 3/1/30 | 6,125 | 6,424 | |
5% 3/1/31 | 6,135 | 6,433 | |
5% 3/1/32 | 4,930 | 5,163 | |
5% 3/1/33 | 7,165 | 7,496 | |
Mobile Indl. Dev. Board Poll. Cont. Rev. Bonds (Alabama Pwr. Co. Barry Plant Proj.) Series 2007 C, 3.78%, tender 6/16/26 (b) | 6,260 | 6,318 | |
Montgomery Med. Clinic Facilities Series 2015: | |||
5% 3/1/26 | 1,940 | 1,857 | |
5% 3/1/27 | 3,915 | 3,694 | |
5% 3/1/28 | 4,225 | 3,933 | |
5% 3/1/29 | 3,465 | 3,183 | |
5% 3/1/30 | 4,180 | 3,785 | |
Southeast Energy Auth. Coop. Dis Bonds (Proj. No. 6) Series 2023 B, 5%, tender 6/1/30 (b) | 44,290 | 47,272 | |
Southeast Energy Auth. Rev. Bonds Series 2022 B1, 5%, tender 8/1/28 (b) | 32,625 | 34,095 | |
TOTAL ALABAMA | 304,239 | ||
Alaska - 0.2% | |||
Alaska Gen. Oblig. Series 2016 A, 5% 8/1/33 | 7,235 | 7,442 | |
Alaska Hsg. Fin. Corp. Mtg. Rev.: | |||
Series 2022 A, 3% 6/1/51 | 3,065 | 2,962 | |
Series 2022 B1, 2% 12/1/32 | 4,750 | 3,984 | |
Alaska Int'l. Arpts. Revs. Series 2016 B, 5% 10/1/33 | 7,575 | 7,791 | |
TOTAL ALASKA | 22,179 | ||
Arizona - 2.7% | |||
Arizona Indl. Dev. Auth. Hosp. Rev. Series 2021 A: | |||
5% 2/1/33 | 1,800 | 2,094 | |
5% 2/1/35 | 1,580 | 1,825 | |
5% 2/1/36 | 1,600 | 1,832 | |
5% 2/1/37 | 1,700 | 1,927 | |
Arizona Indl. Dev. Auth. Lease Rev. Series 2020 A, 4% 9/1/46 | 1,750 | 1,670 | |
Arizona Indl. Dev. Auth. Rev. Series 2019 2, 3.625% 5/20/33 | 6,832 | 6,468 | |
Chandler Indl. Dev. Auth. Indl. Dev. Rev.: | |||
(Intel Corp. Proj.) Series 2022 2, 5%, tender 9/1/27 (b)(c) | 31,940 | 33,219 | |
Bonds (Intel Corp. Proj.): | |||
Series 2007, 4.1%, tender 6/15/28 (b)(c) | 15,385 | 15,653 | |
Series 2019, 5%, tender 6/3/24 (b)(c) | 63,345 | 63,468 | |
Gilbert Wtr. Resources Municpal Property Series 2022: | |||
5% 7/15/32 | 3,630 | 4,359 | |
5% 7/15/33 | 5,080 | 6,082 | |
5% 7/15/34 | 4,715 | 5,631 | |
Glendale Gen. Oblig. Series 2017, 5% 7/1/32 | 2,915 | 3,143 | |
Glendale Sr. Excise Tax Rev. Series 2015 A: | |||
5% 7/1/27 | 7,770 | 8,018 | |
5% 7/1/28 | 7,255 | 7,470 | |
5% 7/1/29 | 7,905 | 8,137 | |
Glendale Trans. Excise Tax Rev. Series 2015, 5% 7/1/26 (Assured Guaranty Muni. Corp. Insured) | 3,565 | 3,680 | |
Indl. Dev. Auth. of The City of Glendale Sr. Living Rev. (Royal Oaks Inspirata Pointe Proj.) Series 2020 A: | |||
4% 5/15/31 | 560 | 510 | |
5% 5/15/41 | 1,000 | 904 | |
5% 5/15/56 | 2,625 | 2,153 | |
Maricopa County Indl. Dev. Auth.: | |||
(Creighton Univ. Proj.) Series 2020, 5% 7/1/47 | 3,560 | 3,768 | |
Bonds Series 2019 B, 5%, tender 9/1/24 (b) | 10,690 | 10,801 | |
Maricopa County Indl. Dev. Auth. Sr. Living Facilities Series 2016: | |||
5.75% 1/1/36 (d) | 5,170 | 4,174 | |
6% 1/1/48 (d) | 7,730 | 5,494 | |
Maricopa County Rev.: | |||
Bonds: | |||
Series 2019 D, 5%, tender 5/15/26 (b) | 12,610 | 13,182 | |
Series C, 5%, tender 10/18/24 (b) | 9,710 | 9,845 | |
Series 2016 A: | |||
4% 1/1/24 | 6,310 | 6,310 | |
5% 1/1/24 | 1,990 | 1,990 | |
Maricopa County Spl. Health Care District Gen. Oblig. Series 2021 D: | |||
4% 7/1/35 | 2,195 | 2,343 | |
5% 7/1/33 | 7,320 | 8,398 | |
5% 7/1/34 | 12,000 | 13,703 | |
Mesa Util. Sys. Rev. Series 2021, 4% 7/1/35 | 2,000 | 2,167 | |
Phoenix Ariz Indl. Dev. Auth. Rev.: | |||
(Guam Facilities Foundation, Inc. Projs.) Series 2014, 5.375% 2/1/41 | 9,525 | 9,052 | |
(Guam Facilities Foundation, Inc. Proj.) Series 2014, 5.125% 2/1/34 | 6,675 | 6,561 | |
Phoenix Civic Impt. Board Arpt. Rev.: | |||
Series 2017 A: | |||
5% 7/1/27 (c) | 2,185 | 2,325 | |
5% 7/1/28 (c) | 3,085 | 3,274 | |
5% 7/1/36 (c) | 1,000 | 1,053 | |
5% 7/1/42 (c) | 2,210 | 2,285 | |
Series 2019 B, 5% 7/1/34 (c) | 2,000 | 2,178 | |
Phoenix Civic Impt. Corp. Series 2019 A: | |||
5% 7/1/29 | 965 | 1,070 | |
5% 7/1/30 | 3,680 | 4,077 | |
5% 7/1/31 | 1,255 | 1,386 | |
5% 7/1/32 | 3,675 | 4,058 | |
5% 7/1/36 | 1,000 | 1,091 | |
5% 7/1/39 | 1,090 | 1,167 | |
Salt River Proj. Agricultural Impt. & Pwr. District Elec. Sys. Rev. Series 2017 A, 5% 1/1/33 | 4,955 | 5,435 | |
Western Maricopa Ed. Ctr. District Series 2019 B: | |||
5% 7/1/24 | 1,410 | 1,423 | |
5% 7/1/25 | 2,285 | 2,352 | |
5% 7/1/27 | 3,000 | 3,256 | |
TOTAL ARIZONA | 312,461 | ||
California - 4.9% | |||
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Bonds Series B, 2.85%, tender 4/1/25 (b) | 6,760 | 6,708 | |
California Gen. Oblig.: | |||
Series 2004: | |||
5.25% 12/1/33 | 110 | 110 | |
5.25% 4/1/34 | 30 | 30 | |
5.5% 4/1/30 | 5 | 5 | |
Series 2016: | |||
5% 8/1/26 | 14,065 | 14,944 | |
5% 8/1/29 | 6,970 | 7,389 | |
5% 9/1/29 | 2,755 | 2,926 | |
Series 2017, 5% 8/1/30 | 14,245 | 15,507 | |
Series 2020: | |||
4% 3/1/24 | 6,790 | 6,803 | |
4% 3/1/26 | 3,300 | 3,395 | |
4% 11/1/34 | 5,000 | 5,444 | |
4% 11/1/35 | 1,000 | 1,083 | |
4% 3/1/36 | 2,615 | 2,803 | |
4% 11/1/36 | 9,885 | 10,616 | |
5% 11/1/31 | 21,985 | 25,734 | |
5% 11/1/31 | 3,500 | 4,097 | |
5% 11/1/32 | 6,245 | 7,305 | |
5% 11/1/32 | 10,000 | 11,698 | |
Series 2021, 4% 10/1/26 | 7,965 | 8,275 | |
Series 2022: | |||
5% 9/1/34 | 3,820 | 4,607 | |
5% 4/1/35 | 2,520 | 2,785 | |
5% 4/1/35 | 6,645 | 7,953 | |
5% 9/1/35 | 6,180 | 7,432 | |
5% 9/1/35 | 3,635 | 4,372 | |
Series 2023: | |||
5% 10/1/34 | 3,560 | 4,337 | |
5% 10/1/39 | 2,145 | 2,522 | |
5% 10/1/42 | 3,560 | 3,897 | |
California Health Facilities Fing. Auth. Rev.: | |||
(St. Joseph Health Sys. Proj.) Series 2013 A, 5% 7/1/25 | 3,885 | 3,888 | |
Series 2020 A: | |||
4% 4/1/35 | 1,170 | 1,213 | |
4% 4/1/36 | 5,000 | 5,157 | |
California Hsg. Fin. Agcy.: | |||
Series 2019 A, 4% 3/20/33 | 3,646 | 3,707 | |
Series 2021 1, 3.5% 11/20/35 | 20,717 | 20,169 | |
Series 2023 A1, 4.375% 9/20/36 | 7,910 | 7,939 | |
California Infrastructure and Econ. Dev. Bank Rev. Bonds (Los Angeles County Museum of Art Proj.) Series 2021 A, 1.2%, tender 6/1/28 (b) | 11,000 | 9,775 | |
California Muni. Fin. Auth. Ctfs. of Prtn. Series 2022 A: | |||
5% 11/1/31 (Assured Guaranty Muni. Corp. Insured) | 400 | 462 | |
5% 11/1/32 (Assured Guaranty Muni. Corp. Insured) | 210 | 246 | |
5% 11/1/33 (Assured Guaranty Muni. Corp. Insured) | 435 | 506 | |
5.25% 11/1/34 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 1,196 | |
California Muni. Fin. Auth. Solid Waste Disp. Rev. Bonds: | |||
(Republic Svcs., Inc. Proj.) Series 2021 B, 4.2%, tender 1/16/24 (b)(c) | 5,200 | 5,199 | |
Series 2023 A, 4.375%, tender 9/1/33 (b)(c) | 4,420 | 4,542 | |
California Pub. Works Board Lease Rev. (Various Cap. Projs.) Series 2022 C: | |||
5% 8/1/29 | 995 | 1,138 | |
5% 8/1/30 | 1,265 | 1,476 | |
5% 8/1/31 | 555 | 660 | |
5% 8/1/32 | 2,095 | 2,489 | |
5% 8/1/33 | 2,085 | 2,475 | |
5% 8/1/34 | 1,035 | 1,227 | |
California Statewide Cmntys. Dev. Auth. Rev.: | |||
Bonds Series 2009 C, 5%, tender 11/1/29 (b) | 15,715 | 17,721 | |
Series 2015, 5% 2/1/45 | 4,090 | 2,168 | |
Castaic Lake Wtr. Agcy. Ctfs. of Prtn. Series 1999, 0% 8/1/28 (AMBAC Insured) | 5,845 | 5,143 | |
Golden State Tobacco Securitization Corp. Tobacco Settlement Rev.: | |||
Series 2017 A1, 5% 6/1/26 (Escrowed to Maturity) | 970 | 1,025 | |
Series 2021 B2, 0% 6/1/66 | 127,740 | 15,029 | |
Series A, 0% 6/1/24 (Escrowed to Maturity) | 5,840 | 5,768 | |
Los Angeles Dept. Arpt. Rev.: | |||
Series 2016 A: | |||
5% 5/15/24 (c) | 2,170 | 2,183 | |
5% 5/15/24 (Escrowed to Maturity) (c) | 295 | 297 | |
Series 2018 A, 5% 5/15/34 (c) | 1,000 | 1,072 | |
Series 2018 C, 5% 5/15/36 (c) | 2,960 | 3,128 | |
Series 2019 A, 5% 5/15/35 (c) | 2,085 | 2,267 | |
Series 2019 D, 5% 5/15/38 (c) | 3,045 | 3,224 | |
Series 2020 C, 5% 5/15/45 (c) | 5,820 | 6,141 | |
Series 2021 D: | |||
4% 5/15/38 (c) | 4,605 | 4,676 | |
4% 5/15/38 (Pre-Refunded to 11/15/31 @ 100) (c) | 260 | 279 | |
5% 5/15/35 (c) | 1,840 | 2,078 | |
5% 5/15/35 (Pre-Refunded to 11/15/31 @ 100) (c) | 105 | 120 | |
5% 5/15/36 (c) | 6,885 | 7,727 | |
5% 5/15/36 (Pre-Refunded to 11/15/31 @ 100) (c) | 385 | 440 | |
Series 2022 A: | |||
4% 5/15/37 (c) | 13,805 | 14,178 | |
5% 5/15/36 (c) | 755 | 852 | |
Series 2023 A: | |||
5% 5/15/33 (c) | 12,595 | 14,577 | |
5% 5/15/34 (c) | 13,295 | 15,362 | |
5% 5/15/35 (c) | 5,000 | 5,754 | |
5% 5/15/36 (c) | 1,500 | 1,713 | |
5% 5/15/37 (c) | 1,000 | 1,131 | |
5% 5/15/38 (c) | 1,000 | 1,116 | |
5.25% 5/15/39 (c) | 1,200 | 1,366 | |
Los Angeles Dept. of Wtr. & Pwr. Rev. Series 2015 A, 5% 7/1/29 | 9,710 | 9,948 | |
Los Angeles Unified School District Series 2020 C: | |||
4% 7/1/36 | 3,810 | 4,105 | |
5% 7/1/27 | 7,615 | 8,326 | |
Los Angeles Unified School District Ctfs. of Prtn. Series 2023 A: | |||
5% 10/1/36 | 6,000 | 7,240 | |
5% 10/1/37 | 3,275 | 3,910 | |
Metropolitan Wtr. District of Southern California Wtr. Rev. Bonds Series 2017 D, SIFMA Municipal Swap Index + 0.140% 4.01%, tender 1/4/24 (b)(e) | 7,470 | 7,459 | |
Mount Diablo Unified School District Series 2022 B: | |||
4% 8/1/25 | 3,110 | 3,173 | |
4% 8/1/26 | 460 | 479 | |
4% 8/1/28 | 3,340 | 3,602 | |
4% 8/1/30 | 530 | 584 | |
4% 8/1/31 | 340 | 379 | |
4% 8/1/33 | 3,490 | 3,885 | |
4% 8/1/34 | 2,430 | 2,689 | |
Oakland Unified School District Alameda County Series 2015 A: | |||
5% 8/1/26 (Assured Guaranty Muni. Corp. Insured) | 3,400 | 3,533 | |
5% 8/1/28 | 970 | 1,007 | |
Ontario Int'l. Arpt. Auth. Series 2021 B: | |||
4% 5/15/35 (Assured Guaranty Muni. Corp. Insured) (c) | 1,100 | 1,138 | |
4% 5/15/38 (Assured Guaranty Muni. Corp. Insured) (c) | 1,000 | 1,011 | |
Port of Oakland Rev. Series H, 5% 5/1/26 (c) | 1,250 | 1,305 | |
Poway Unified School District Pub. Fing. Series 2015 A: | |||
5% 9/1/25 | 1,115 | 1,142 | |
5% 9/1/28 | 1,550 | 1,594 | |
5% 9/1/32 | 1,630 | 1,674 | |
Sacramento City Fing. Auth. Rev. Series A, 0% 12/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 3,025 | 2,753 | |
Sacramento City Unified School District: | |||
Series 2022 A: | |||
5% 8/1/33 | 1,000 | 1,159 | |
5% 8/1/34 | 1,000 | 1,158 | |
5% 8/1/37 | 1,000 | 1,139 | |
5% 8/1/38 | 1,000 | 1,130 | |
Series 2022, 5% 7/1/31 (Build America Mutual Assurance Insured) | 495 | 585 | |
Sacramento County Arpt. Sys. Rev. Series 2018 C, 5% 7/1/39 (c) | 3,280 | 3,437 | |
San Diego County Reg'l. Arpt. Auth. Arpt. Rev.: | |||
Series 2020 C, 5% 7/1/30 (c) | 795 | 881 | |
Series 2021 B: | |||
5% 7/1/37 (c) | 16,945 | 18,596 | |
5% 7/1/38 (c) | 17,150 | 18,632 | |
Series 2023 B: | |||
5% 7/1/39 (c) | 3,515 | 3,876 | |
5% 7/1/40 (c) | 3,290 | 3,622 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev.: | |||
Series 2019 A: | |||
5% 5/1/37 (c) | 3,290 | 3,530 | |
5% 5/1/49 (c) | 15,380 | 15,919 | |
Series 2022 A: | |||
5% 5/1/26 (c) | 13,120 | 13,620 | |
5% 5/1/27 (c) | 13,295 | 14,048 | |
Santa Clara County Fing. Auth. Lease Rev.: | |||
(Multiple Facilities Proj.) Series Q, 3% 5/15/37 | 1,000 | 935 | |
Series 2019 A, 3% 5/1/37 | 1,670 | 1,619 | |
Univ. of California Revs. Series 2023 BM: | |||
5% 5/15/33 | 2,850 | 3,554 | |
5% 5/15/35 | 2,500 | 3,099 | |
5% 5/15/36 | 515 | 634 | |
Washington Township Health Care District Gen. Oblig. Series 2013 A, 5.5% 8/1/40 | 3,400 | 3,427 | |
TOTAL CALIFORNIA | 568,312 | ||
Colorado - 2.7% | |||
Colorado Ctfs. of Prtn. Series 2021 A: | |||
4% 12/15/38 | 3,000 | 3,130 | |
5% 12/15/34 | 6,940 | 8,126 | |
Colorado Health Facilities Auth. Rev. Bonds: | |||
(Parkview Med. Ctr., Inc. Proj.) Series 2016, 5% 9/1/46 | 6,310 | 6,435 | |
Bonds: | |||
Series 2019 B: | |||
5%, tender 8/1/26 (b) | 5,205 | 5,382 | |
5%, tender 11/19/26 (b) | 930 | 991 | |
5%, tender 11/19/26 (b) | 9,160 | 9,683 | |
Series 2022 B, 5%, tender 8/17/26 (b) | 8,705 | 9,165 | |
Series 2022 C, 5%, tender 8/15/28 (b) | 11,655 | 12,775 | |
Series 2019 A1: | |||
4% 8/1/39 | 3,940 | 3,964 | |
5% 8/1/36 | 4,000 | 4,313 | |
Series 2019 A2, 5% 8/1/44 | 16,590 | 17,277 | |
Series 2022 A: | |||
5% 5/15/31 | 2,500 | 2,920 | |
5% 5/15/32 | 2,000 | 2,375 | |
Colorado Hsg. & Fin. Auth. Series 2019 H, 4.25% 11/1/49 | 1,210 | 1,216 | |
Colorado Reg'l. Trans. District (Denver Transit Partners Eagle P3 Proj.) Series 2020: | |||
4% 7/15/33 | 580 | 604 | |
4% 7/15/35 | 1,900 | 1,956 | |
4% 7/15/38 | 700 | 705 | |
4% 7/15/39 | 1,800 | 1,809 | |
5% 1/15/30 | 500 | 543 | |
5% 7/15/30 | 350 | 382 | |
5% 1/15/31 | 500 | 548 | |
5% 7/15/31 | 500 | 548 | |
5% 1/15/32 | 700 | 767 | |
Colorado Reg'l. Trans. District Ctfs. of Prtn. Series 2020: | |||
5% 6/1/30 | 3,000 | 3,360 | |
5% 6/1/31 | 1,580 | 1,768 | |
Colorado Springs Utils. Rev. Series 2020: | |||
4% 11/15/36 | 525 | 553 | |
4% 11/15/37 | 670 | 699 | |
5% 11/15/33 | 400 | 464 | |
5% 11/15/33 | 700 | 813 | |
5% 11/15/34 | 685 | 794 | |
5% 11/15/35 | 460 | 530 | |
5% 11/15/36 | 440 | 503 | |
5% 11/15/37 | 635 | 720 | |
5% 11/15/38 | 885 | 998 | |
Colorado Univ. Co. Hosp. Auth. Rev. Bonds Series 2019 C, 5%, tender 11/15/24 (b) | 36,390 | 36,596 | |
Denver City & County Arpt. Rev.: | |||
Series 2017 A: | |||
5% 11/15/24 (c) | 2,230 | 2,256 | |
5% 11/15/27 (c) | 1,025 | 1,098 | |
5% 11/15/28 (c) | 5,890 | 6,291 | |
5% 11/15/29 (c) | 4,855 | 5,186 | |
5% 11/15/30 (c) | 3,885 | 4,144 | |
Series 2018 A: | |||
5% 12/1/30 (c) | 7,475 | 8,321 | |
5% 12/1/31 (c) | 15,915 | 17,088 | |
5% 12/1/35 (c) | 3,350 | 3,572 | |
Series 2022 A: | |||
5% 11/15/26 (c) | 15,500 | 16,293 | |
5% 11/15/37 (c) | 7,000 | 7,838 | |
Series 2022 D: | |||
5.5% 11/15/31 (c) | 15,970 | 18,714 | |
5.5% 11/15/32 (c) | 4,390 | 5,224 | |
5.5% 11/15/33 (c) | 4,935 | 5,867 | |
5.75% 11/15/34 (c) | 2,540 | 3,073 | |
5.75% 11/15/35 (c) | 2,360 | 2,849 | |
Denver City & County Gen. Oblig.: | |||
Series 2020 A: | |||
2% 8/1/35 | 16,240 | 13,795 | |
2% 8/1/36 | 13,075 | 10,828 | |
Series 2022 A, 5% 8/1/37 | 5,285 | 6,205 | |
E-470 Pub. Hwy. Auth. Rev.: | |||
Series 2010 A: | |||
0% 9/1/35 | 1,940 | 1,330 | |
0% 9/1/37 | 2,915 | 1,807 | |
0% 9/1/38 | 3,650 | 2,132 | |
Series 2020 A: | |||
5% 9/1/28 | 2,000 | 2,208 | |
5% 9/1/34 | 1,135 | 1,296 | |
Univ. of Colorado Enterprise Sys. Rev. Bonds Series 2019 C, 2%, tender 10/15/24 (b) | 23,355 | 23,165 | |
TOTAL COLORADO | 313,992 | ||
Connecticut - 1.6% | |||
Connecticut Gen. Oblig.: | |||
Series 2016 A, 5% 3/15/26 | 2,940 | 3,092 | |
Series 2016 E: | |||
5% 10/15/26 | 3,445 | 3,678 | |
5% 10/15/29 | 4,975 | 5,293 | |
Series 2018 E: | |||
5% 9/15/27 | 4,050 | 4,420 | |
5% 9/15/29 | 4,000 | 4,461 | |
5% 9/15/30 | 4,000 | 4,452 | |
5% 9/15/32 | 1,300 | 1,444 | |
Series 2018 F, 5% 9/15/27 | 1,000 | 1,091 | |
Series 2019 A: | |||
5% 4/15/30 | 2,345 | 2,645 | |
5% 4/15/34 | 2,635 | 2,957 | |
5% 4/15/35 | 915 | 1,025 | |
Series 2020 B, 5% 1/15/26 | 975 | 1,020 | |
Series 2020 C: | |||
4% 6/1/35 | 1,000 | 1,066 | |
4% 6/1/37 | 950 | 997 | |
Series 2021 A, 3% 1/15/39 | 3,665 | 3,319 | |
Series 2021 B, 4% 1/15/39 | 6,745 | 7,024 | |
Series 2022 B, 4% 1/15/36 | 6,860 | 7,367 | |
Series 2022 C: | |||
5% 6/15/33 | 300 | 359 | |
5% 6/15/36 | 300 | 353 | |
Series 2022 D, 5% 9/15/31 | 600 | 710 | |
Series 2024: | |||
5% 1/15/28 (f) | 3,000 | 3,297 | |
5% 3/1/28 (f) | 2,000 | 2,204 | |
Series A: | |||
3% 1/15/24 | 1,300 | 1,300 | |
4% 1/15/24 | 880 | 880 | |
Series B, 5% 1/15/25 | 2,000 | 2,044 | |
Connecticut Health & Edl. Facilities Auth. Rev.: | |||
Bonds: | |||
Series 2014 B, 1.8%, tender 7/1/24 (b) | 7,890 | 7,803 | |
Series 2020 B, 5%, tender 1/1/27 (b) | 2,555 | 2,683 | |
Series 2018 S: | |||
5% 7/1/26 | 2,200 | 2,312 | |
5% 7/1/29 | 970 | 1,058 | |
Series 2019 A, 5% 7/1/34 (d) | 6,000 | 5,918 | |
Series 2019 Q-1: | |||
5% 11/1/25 | 1,205 | 1,254 | |
5% 11/1/27 | 3,115 | 3,391 | |
5% 11/1/28 | 1,780 | 1,981 | |
Series 2020 A: | |||
4% 7/1/36 | 1,750 | 1,783 | |
4% 7/1/38 | 1,580 | 1,601 | |
5% 7/1/29 | 1,000 | 1,094 | |
5% 7/1/30 | 1,830 | 2,015 | |
5% 7/1/31 | 2,975 | 3,272 | |
5% 7/1/33 | 4,925 | 5,414 | |
5% 7/1/34 | 2,050 | 2,252 | |
5% 7/1/35 | 3,200 | 3,496 | |
Series 2020 K, 4% 7/1/45 | 350 | 351 | |
Series 2022 L: | |||
5% 7/1/33 | 615 | 710 | |
5% 7/1/34 | 830 | 954 | |
5% 7/1/35 | 910 | 1,039 | |
5% 7/1/36 | 935 | 1,058 | |
5% 7/1/37 | 1,010 | 1,132 | |
Series 2022 M: | |||
5% 7/1/29 | 820 | 890 | |
5% 7/1/32 | 3,915 | 4,391 | |
5% 7/1/33 | 3,270 | 3,649 | |
Series N: | |||
4% 7/1/39 | 4,400 | 3,633 | |
4% 7/1/49 | 3,025 | 2,215 | |
Connecticut Hsg. Fin. Auth. Series 2021 D1, 3% 5/15/51 | 21,230 | 20,576 | |
Connecticut Spl. Tax Oblig. Trans. Infrastructure Rev.: | |||
Series 2021 A, 5% 5/1/35 | 2,200 | 2,568 | |
Series 2022 A: | |||
5% 7/1/32 | 1,500 | 1,797 | |
5% 7/1/33 | 2,065 | 2,515 | |
5% 7/1/34 | 1,500 | 1,808 | |
5% 7/1/35 | 3,205 | 3,847 | |
Series 2022 B: | |||
5% 7/1/32 | 2,000 | 2,397 | |
5% 7/1/33 | 1,000 | 1,218 | |
Series A, 5% 5/1/29 | 3,675 | 4,158 | |
New Britain Gen. Oblig. Series 2009, 5% 4/1/24 (Escrowed to Maturity) | 509 | 511 | |
Stratford Gen. Oblig. Series 2019, 5% 1/1/29 | 2,490 | 2,662 | |
Univ. of Connecticut Gen. Oblig. Series 2019 A: | |||
5% 11/1/27 | 1,720 | 1,879 | |
5% 11/1/27 | 2,050 | 2,240 | |
5% 11/1/28 | 1,260 | 1,409 | |
TOTAL CONNECTICUT | 183,432 | ||
Delaware - 0.1% | |||
Delaware Econ. Dev. Auth. Rev. Bonds (Delmarva Pwr. & Lt. Co. Proj.) Series A, 1.05%, tender 7/1/25 (b) | 4,110 | 3,948 | |
Delaware River & Bay Auth. Rev. Series 2021: | |||
4% 1/1/39 | 1,350 | 1,393 | |
4% 1/1/40 | 1,200 | 1,230 | |
4% 1/1/41 | 700 | 715 | |
4% 1/1/42 | 365 | 372 | |
5% 1/1/27 | 730 | 781 | |
5% 1/1/31 | 150 | 174 | |
5% 1/1/36 | 510 | 594 | |
Delaware Trans. Auth. Trans. Sys. Rev. Series 2020, 5% 7/1/32 | 2,150 | 2,498 | |
TOTAL DELAWARE | 11,705 | ||
Delaware, New Jersey - 0.0% | |||
Delaware River & Bay Auth. Rev. Series 2014 C: | |||
5% 1/1/24 | 1,235 | 1,235 | |
5% 1/1/25 | 2,670 | 2,674 | |
TOTAL DELAWARE, NEW JERSEY | 3,909 | ||
District Of Columbia - 1.7% | |||
District of Columbia Gen. Oblig.: | |||
Series 2021 D: | |||
4% 2/1/36 | 2,500 | 2,666 | |
4% 2/1/37 | 2,500 | 2,644 | |
Series 2021 E, 4% 2/1/37 | 3,240 | 3,427 | |
Series 2023 A: | |||
5% 1/1/39 | 3,750 | 4,372 | |
5% 1/1/40 | 1,330 | 1,539 | |
District of Columbia Income Tax Rev.: | |||
Series 2020 A, 5% 3/1/24 | 1,570 | 1,575 | |
Series 2022 A: | |||
5% 7/1/34 | 4,000 | 4,808 | |
5% 7/1/40 | 3,555 | 4,091 | |
Series 2022 C, 5% 12/1/34 | 8,665 | 10,482 | |
District of Columbia Wtr. & Swr. Auth. Pub. Util. Rev. Bonds Series 2022 E, 3%, tender 10/1/27 (b) | 9,535 | 9,341 | |
Metropolitan Washington Arpts. Auth. Dulles Toll Road Rev. (Dulles Metrorail And Cap. Impt. Proj.) Series 2019 B: | |||
4% 10/1/35 | 1,185 | 1,206 | |
4% 10/1/36 | 1,760 | 1,784 | |
4% 10/1/37 | 1,770 | 1,786 | |
4% 10/1/38 | 735 | 740 | |
5% 10/1/33 | 1,250 | 1,345 | |
Metropolitan Washington DC Arpts. Auth. Sys. Rev.: | |||
Series 2017 A: | |||
5% 10/1/31 (c) | 2,335 | 2,484 | |
5% 10/1/34 (c) | 1,940 | 2,055 | |
5% 10/1/36 (c) | 1,820 | 1,917 | |
Series 2018 A: | |||
5% 10/1/28 (c) | 3,885 | 4,222 | |
5% 10/1/29 (c) | 4,030 | 4,365 | |
5% 10/1/30 (c) | 3,165 | 3,421 | |
5% 10/1/31 (c) | 4,540 | 4,902 | |
Series 2019 A: | |||
5% 10/1/24 (c) | 2,395 | 2,420 | |
5% 10/1/25 (c) | 1,530 | 1,572 | |
Series 2021 A: | |||
4% 10/1/37 (c) | 1,680 | 1,716 | |
4% 10/1/38 (c) | 1,865 | 1,893 | |
4% 10/1/40 (c) | 3,250 | 3,274 | |
5% 10/1/30 (c) | 7,470 | 8,365 | |
5% 10/1/31 (c) | 12,695 | 14,403 | |
5% 10/1/32 (c) | 18,670 | 21,112 | |
5% 10/1/33 (c) | 19,170 | 21,660 | |
5% 10/1/34 (c) | 4,480 | 5,052 | |
5% 10/1/35 (c) | 3,985 | 4,473 | |
5% 10/1/36 (c) | 3,175 | 3,538 | |
Series 2022 A, 5% 10/1/32 (c) | 1,250 | 1,436 | |
Series 2022, 5% 10/1/31 (c) | 2,680 | 3,041 | |
Washington D.C. Metropolitan Transit Auth. Rev. Series 2017 B, 5% 7/1/34 | 7,990 | 8,560 | |
Washington Metropolitan Area Transit Auth. Series 2023 A: | |||
5% 7/15/33 | 1,305 | 1,594 | |
5% 7/15/34 | 2,450 | 2,980 | |
5% 7/15/35 | 2,000 | 2,415 | |
5% 7/15/37 | 1,400 | 1,661 | |
5% 7/15/38 | 1,100 | 1,286 | |
5% 7/15/39 | 1,655 | 1,927 | |
TOTAL DISTRICT OF COLUMBIA | 189,550 | ||
Florida - 6.8% | |||
Alachua County School Board Ctfs. Series 2020: | |||
5% 7/1/27 | 4,285 | 4,606 | |
5% 7/1/28 | 7,045 | 7,728 | |
Brevard County Health Facilities Auth. Rev. Series 2023 A: | |||
5% 4/1/30 | 2,690 | 2,991 | |
5% 4/1/32 | 620 | 708 | |
5% 4/1/37 | 985 | 1,116 | |
5% 4/1/39 | 1,670 | 1,849 | |
Brevard County School Board Ctfs. of Prtn.: | |||
Series 2014: | |||
5% 7/1/27 | 3,205 | 3,233 | |
5% 7/1/30 | 7,240 | 7,295 | |
Series 2015 C, 5% 7/1/24 | 2,915 | 2,943 | |
Broward County Arpt. Sys. Rev.: | |||
Series 2015 A, 5% 10/1/34 (c) | 2,000 | 2,042 | |
Series 2017: | |||
5% 10/1/30 (c) | 2,050 | 2,172 | |
5% 10/1/31 (c) | 3,100 | 3,287 | |
5% 10/1/35 (c) | 1,000 | 1,050 | |
Series 2019 A, 5% 10/1/39 (c) | 1,750 | 1,852 | |
Series 2019 B: | |||
5% 10/1/28 (c) | 6,000 | 6,488 | |
5% 10/1/29 (c) | 5,000 | 5,482 | |
Series A: | |||
5% 10/1/29 (c) | 4,090 | 4,182 | |
5% 10/1/31 (c) | 2,915 | 2,979 | |
5% 10/1/32 (c) | 3,885 | 3,970 | |
Broward County Port Facilities Rev.: | |||
Series 2019 A: | |||
5% 9/1/30 | 1,230 | 1,391 | |
5% 9/1/32 | 1,055 | 1,178 | |
Series 2019 B: | |||
4% 9/1/37 (c) | 1,970 | 2,013 | |
5% 9/1/28 (c) | 710 | 762 | |
Broward County School Board Ctfs. of Prtn.: | |||
Series 2015 A: | |||
5% 7/1/26 | 11,170 | 11,497 | |
5% 7/1/27 | 8,900 | 9,176 | |
5% 7/1/28 | 3,885 | 3,999 | |
Series 2015 B: | |||
5% 7/1/25 | 2,100 | 2,167 | |
5% 7/1/26 | 11,335 | 11,666 | |
5% 7/1/27 | 7,670 | 7,908 | |
5% 7/1/28 | 13,120 | 13,506 | |
Series 2016, 5% 7/1/32 | 2,430 | 2,530 | |
Series 2020 A, 5% 7/1/31 | 3,000 | 3,442 | |
Cap. Projs. Fin. Auth. Student Hsg. Rev. (Cap. Projs. Ln. Prog. - Florida Univs.) Series 2020 A: | |||
5% 10/1/31 | 2,000 | 2,108 | |
5% 10/1/34 | 1,250 | 1,304 | |
5% 10/1/35 | 500 | 519 | |
Central Florida Expressway Auth. Sr. Lien Rev.: | |||
Series 2019 B, 5% 7/1/35 | 5,000 | 5,555 | |
Series 2021: | |||
4% 7/1/38 (Assured Guaranty Muni. Corp. Insured) | 4,000 | 4,174 | |
5% 7/1/24 (Assured Guaranty Muni. Corp. Insured) | 885 | 894 | |
5% 7/1/26 (Assured Guaranty Muni. Corp. Insured) | 4,140 | 4,376 | |
Clay County Sales Surtax Rev. Series 2020: | |||
5% 10/1/24 | 740 | 751 | |
5% 10/1/25 | 1,115 | 1,157 | |
5% 10/1/31 | 2,445 | 2,765 | |
5% 10/1/34 | 5,390 | 6,082 | |
5% 10/1/36 | 3,000 | 3,350 | |
5% 10/1/37 | 6,135 | 6,805 | |
County of Broward Tourist Dev. Tax Rev. (Convention Ctr. Expansion Proj.) Series 2021, 4% 9/1/41 | 2,700 | 2,710 | |
Duval County School Board Ctfs. of Prtn. Series 2015 B: | |||
5% 7/1/27 | 4,260 | 4,388 | |
5% 7/1/28 | 970 | 999 | |
5% 7/1/30 | 6,440 | 6,627 | |
Escambia County Health Facilities Auth. Health Facilities Rev. Series 2020 A, 4% 8/15/45 | 4,570 | 4,197 | |
Florida Dept. of Mgmt. Svcs. Ctfs. of Prtn. Series 2018 A, 5% 11/1/29 | 6,245 | 7,122 | |
Florida Dept. of Trans. Tpk. Rev. Series 2021 C, 3% 7/1/35 | 4,020 | 3,943 | |
Florida Higher Edl. Facilities Fing. Auth.: | |||
(St. Leo Univ. Proj.) Series 2019: | |||
5% 3/1/29 | 1,635 | 1,540 | |
5% 3/1/30 | 1,715 | 1,597 | |
5% 3/1/31 | 1,805 | 1,661 | |
5% 3/1/32 | 1,890 | 1,718 | |
Series 2019: | |||
5% 10/1/28 | 1,060 | 1,126 | |
5% 10/1/30 | 1,500 | 1,603 | |
5% 10/1/31 | 1,750 | 1,864 | |
5% 10/1/32 | 1,305 | 1,386 | |
Florida Mid-Bay Bridge Auth. Rev. Series 2015 A: | |||
5% 10/1/27 | 3,495 | 3,573 | |
5% 10/1/28 | 5,000 | 5,116 | |
5% 10/1/29 | 2,645 | 2,707 | |
5% 10/1/30 | 2,405 | 2,461 | |
Florida Muni. Pwr. Agcy. Rev.: | |||
(Requirements Pwr. Supply Proj.) Series 2016 A: | |||
5% 10/1/30 | 1,775 | 1,861 | |
5% 10/1/31 | 1,940 | 2,032 | |
Series 2015 B: | |||
5% 10/1/24 | 970 | 984 | |
5% 10/1/27 | 1,455 | 1,502 | |
Greater Orlando Aviation Auth. Arpt. Facilities Rev.: | |||
Series 2017 A, 5% 10/1/28 (Pre-Refunded to 10/1/27 @ 100) (c) | 3,380 | 3,615 | |
Series 2019 A: | |||
5% 10/1/31 (c) | 4,225 | 4,638 | |
5% 10/1/44 (c) | 14,200 | 14,920 | |
Halifax Hosp. Med. Ctr. Rev. Series 2015: | |||
5% 6/1/28 (Pre-Refunded to 6/1/25 @ 100) | 1,245 | 1,282 | |
5% 6/1/35 (Pre-Refunded to 6/1/25 @ 100) | 2,430 | 2,503 | |
Hillsborough Co. Sldwst and Resource Receivables Series 2016 A: | |||
5% 9/1/24 (c) | 2,135 | 2,155 | |
5% 9/1/25 (c) | 2,150 | 2,206 | |
5% 9/1/26 (c) | 2,200 | 2,327 | |
Hillsborough County Port District Series 2018 B, 5% 6/1/38 (c) | 3,285 | 3,437 | |
Hillsborough County School Board Ctfs. of Prtn. Series 2020 A, 5% 7/1/29 | 6,955 | 7,732 | |
Indian River County School Board Ctfs. of Prtn. Series 2014: | |||
5% 7/1/24 | 2,595 | 2,617 | |
5% 7/1/25 | 1,940 | 1,995 | |
Jacksonville Elec. Auth. Elec. Sys. Rev.: | |||
Series 2017 B, 5% 10/1/26 | 6,680 | 7,091 | |
Series A: | |||
4% 10/1/35 | 5,000 | 5,192 | |
5% 10/1/30 | 5,055 | 5,748 | |
5% 10/1/31 | 2,625 | 2,973 | |
5% 10/1/32 | 4,385 | 4,950 | |
JEA Wtr. & Swr. Sys. Rev. Series 2020 A, 3% 10/1/36 | 5,000 | 4,745 | |
Lake County School Board Ctfs. of Prtn. Series 2014 A: | |||
5% 6/1/25 (Pre-Refunded to 6/1/24 @ 100) | 970 | 977 | |
5% 6/1/26 (Pre-Refunded to 6/1/24 @ 100) | 1,750 | 1,762 | |
5% 6/1/28 (Pre-Refunded to 6/1/24 @ 100) | 485 | 488 | |
Lee Memorial Health Sys. Hosp. Rev.: | |||
Bonds Series 2019 A2, 5%, tender 4/1/26 (b) | 11,585 | 11,876 | |
Series 2019 A1: | |||
5% 4/1/33 | 1,650 | 1,802 | |
5% 4/1/34 | 3,250 | 3,535 | |
5% 4/1/35 | 6,325 | 6,865 | |
5% 4/1/37 | 2,190 | 2,351 | |
5% 4/1/39 | 1,500 | 1,591 | |
Manatee County School District Series 2017, 5% 10/1/25 (Assured Guaranty Muni. Corp. Insured) | 1,940 | 2,012 | |
Miami-Dade County Series 2021 B2, 4% 10/1/38 | 3,000 | 3,113 | |
Miami-Dade County Aviation Rev.: | |||
Series 2012 A: | |||
5% 10/1/24 (c) | 9,710 | 9,723 | |
5% 10/1/24 | 2,100 | 2,103 | |
Series 2014 A: | |||
5% 10/1/27 (c) | 1,770 | 1,780 | |
5% 10/1/29 (c) | 2,725 | 2,738 | |
5% 10/1/33 (c) | 5,440 | 5,464 | |
5% 10/1/37 | 7,185 | 7,248 | |
Series 2014, 5% 10/1/32 (c) | 3,135 | 3,149 | |
Series 2015 A: | |||
5% 10/1/35 (c) | 2,430 | 2,439 | |
5% 10/1/38 (c) | 1,335 | 1,343 | |
Series 2016 A: | |||
5% 10/1/30 | 2,430 | 2,540 | |
5% 10/1/31 | 970 | 1,013 | |
Series 2017 B, 5% 10/1/40 (c) | 3,190 | 3,289 | |
Series 2020 A: | |||
4% 10/1/36 | 2,000 | 2,094 | |
4% 10/1/38 | 2,250 | 2,307 | |
5% 10/1/32 | 2,150 | 2,455 | |
5% 10/1/33 | 3,325 | 3,783 | |
Miami-Dade County Cap. Asset Acquisition: | |||
Series 2016: | |||
5% 10/1/28 | 5,385 | 5,691 | |
5% 10/1/29 | 3,985 | 4,202 | |
5% 10/1/30 | 7,215 | 7,598 | |
Series 2021 A: | |||
4% 4/1/44 | 8,990 | 9,114 | |
4% 4/1/46 | 9,860 | 9,976 | |
Miami-Dade County Expressway Auth.: | |||
Series 2010 A, 5% 7/1/40 | 7,965 | 7,968 | |
Series 2016 A: | |||
5% 7/1/32 | 3,865 | 4,022 | |
5% 7/1/33 | 3,205 | 3,334 | |
Series A: | |||
5% 7/1/31 | 1,455 | 1,514 | |
5% 7/1/34 | 970 | 1,008 | |
Miami-Dade County Gen. Oblig. Series 2016 A: | |||
5% 7/1/29 | 10,905 | 12,416 | |
5% 7/1/31 | 11,690 | 13,411 | |
Miami-Dade County Indl. Dev. Auth. Solid Waste Disp. Rev. Bonds: | |||
(Waste Mgmt., Inc. Proj.) Series 2018 A, 0.000% x SIFMA Municipal Swap Index 4.245%, tender 1/4/24 (b)(c)(e) | 9,620 | 9,570 | |
Series 2018 B, SIFMA Municipal Swap Index + 0.000% 4.245%, tender 1/4/24 (b)(c)(e) | 12,500 | 12,435 | |
Miami-Dade County School Board Ctfs. of Prtn.: | |||
Series 2014 D: | |||
5% 11/1/24 | 11,340 | 11,512 | |
5% 11/1/25 | 11,880 | 12,074 | |
5% 11/1/26 | 7,720 | 7,836 | |
Series 2015 A, 5% 5/1/27 (Assured Guaranty Muni. Corp. Insured) | 4,100 | 4,206 | |
Series 2015 B, 5% 5/1/28 | 13,295 | 13,606 | |
Series 2015 D: | |||
5% 2/1/29 | 3,935 | 4,105 | |
5% 2/1/30 | 6,310 | 6,579 | |
Series 2016 A: | |||
5% 8/1/27 | 7,340 | 7,736 | |
5% 5/1/31 | 19,200 | 20,101 | |
Orange County Health Facilities Auth.: | |||
Series 2016 A, 5% 10/1/39 | 4,180 | 4,306 | |
Series 2023 A: | |||
5% 10/1/32 | 1,605 | 1,863 | |
5% 10/1/33 | 750 | 875 | |
5% 10/1/34 | 1,000 | 1,164 | |
5% 10/1/35 | 1,000 | 1,153 | |
5% 10/1/36 | 600 | 686 | |
Orange County School Board Ctfs. of Prtn. Series 2015 C, 5% 8/1/29 (Pre-Refunded to 8/1/25 @ 100) | 6,800 | 7,036 | |
Orlando Utils. Commission Util. Sys. Rev. Series 2012 A, 5% 10/1/25 | 875 | 909 | |
Palm Beach County Health Facilities Auth. Hosp. Rev. Series 2014, 5% 12/1/24 (Escrowed to Maturity) | 660 | 671 | |
Palm Beach County Health Facilities Auth. Rev. Series 2015 C: | |||
5% 5/15/25 | 1,805 | 1,775 | |
5% 5/15/30 | 1,670 | 1,579 | |
Palm Beach County School Board Ctfs. of Prtn.: | |||
Series 2014 B, 5% 8/1/25 | 3,110 | 3,208 | |
Series 2015 B: | |||
5% 8/1/25 | 1,580 | 1,630 | |
5% 8/1/26 | 10,160 | 10,486 | |
5% 8/1/27 | 8,045 | 8,297 | |
5% 8/1/28 | 5,325 | 5,478 | |
Series 2015 D: | |||
5% 8/1/26 | 23,370 | 24,121 | |
5% 8/1/27 | 10,595 | 10,927 | |
5% 8/1/28 | 3,620 | 3,724 | |
Series 2017 A, 5% 8/1/26 | 21,905 | 23,235 | |
Series 2018 A: | |||
5% 8/1/24 | 1,270 | 1,284 | |
5% 8/1/26 | 1,880 | 1,994 | |
Series 2021 A: | |||
5% 8/1/38 | 3,720 | 4,212 | |
5% 8/1/39 | 7,440 | 8,368 | |
Pasco County Gen. Oblig. (Jail Projs.) Series 2021 B: | |||
5% 10/1/32 | 2,175 | 2,551 | |
5% 10/1/34 | 2,400 | 2,804 | |
5% 10/1/38 | 2,905 | 3,259 | |
5% 10/1/39 | 3,060 | 3,410 | |
5% 10/1/40 | 3,215 | 3,561 | |
Pasco County School Board Ctfs. of Prtn. Series 2020 C: | |||
5% 8/1/33 (Assured Guaranty Muni. Corp. Insured) | 3,000 | 3,461 | |
5% 8/1/34 (Assured Guaranty Muni. Corp. Insured) | 2,250 | 2,565 | |
Pinellas County Idr (Drs. Kiran & Pallavi Patel 2017 Foundation for Global Understanding, Inc. Proj.) Series 2019: | |||
5% 7/1/29 | 400 | 410 | |
5% 7/1/39 | 1,000 | 1,004 | |
Seminole County School Board Ctfs. of Prtn. Series 2016 C, 5% 7/1/24 | 1,700 | 1,716 | |
South Florida Wtr. Mgmt. District Ctfs. of Prtn. Series 2015, 5% 10/1/30 | 3,885 | 4,070 | |
South Miami Health Facilities Auth. Hosp. Rev. (Baptist Med. Ctr., FL. Proj.) Series 2017: | |||
5% 8/15/24 | 2,460 | 2,487 | |
5% 8/15/25 | 3,980 | 4,097 | |
Tallahassee Health Facilities Rev. Series 2015 A, 5% 12/1/40 | 1,750 | 1,763 | |
Tampa Bay Wtr. Reg'l. Wtr. Supply Auth. Util. Sys. Rev. Series 2001 A, 6% 10/1/29 | 2,430 | 2,906 | |
Village Cmnty. Dev. District No. 15 Series 2023: | |||
4.25% 5/1/28 (d) | 700 | 700 | |
4.375% 5/1/33 (d) | 1,000 | 1,002 | |
4.85% 5/1/38 (d) | 1,000 | 998 | |
Volusia County Edl. Facilities Auth. Rev. (Embry-Riddle Aeronautical Univ., Inc. Proj.) Series 2020 A: | |||
4% 10/15/35 | 400 | 415 | |
4% 10/15/36 | 375 | 386 | |
4% 10/15/38 | 750 | 763 | |
4% 10/15/39 | 1,000 | 1,012 | |
5% 10/15/44 | 1,365 | 1,448 | |
Volusia County School Board Ctfs. of Prtn.: | |||
(Florida Master Lease Prog.) Series 2016 A, 5% 8/1/32 (Build America Mutual Assurance Insured) | 4,855 | 5,040 | |
Series 2019, 5% 8/1/24 | 1,800 | 1,820 | |
TOTAL FLORIDA | 782,374 | ||
Georgia - 4.0% | |||
Atlanta Arpt. Passenger Facilities Charge Rev. Series 2023 E: | |||
5% 7/1/37 (c) | 3,750 | 4,243 | |
5% 7/1/38 (c) | 2,750 | 3,074 | |
5% 7/1/40 (c) | 1,565 | 1,728 | |
Atlanta Arpt. Rev.: | |||
Series 2020 A: | |||
5% 7/1/26 | 4,290 | 4,541 | |
5% 7/1/27 | 9,365 | 10,161 | |
Series 2021 C: | |||
4% 7/1/38 (c) | 745 | 756 | |
5% 7/1/25 (c) | 710 | 727 | |
5% 7/1/32 (c) | 1,750 | 1,973 | |
5% 7/1/33 (c) | 1,050 | 1,183 | |
5% 7/1/34 (c) | 750 | 844 | |
5% 7/1/35 (c) | 1,000 | 1,120 | |
5% 7/1/36 (c) | 1,050 | 1,169 | |
5% 7/1/37 (c) | 1,115 | 1,231 | |
Atlanta Gen. Oblig. Series 2022 A1, 5% 12/1/34 | 2,250 | 2,710 | |
Atlanta Wtr. & Wastewtr. Rev. Series 2015: | |||
5% 11/1/27 | 970 | 999 | |
5% 11/1/29 | 2,430 | 2,496 | |
Bartow County Dev. Auth. Poll. Cont. Rev. Bonds (Georgia Pwr. Co. Plant Bowen Proj.): | |||
Series 2009, 3.95%, tender 3/8/28 (b) | 19,870 | 20,199 | |
Series 2013, 2.875%, tender 8/19/25 (b) | 11,435 | 11,231 | |
Brookhaven Dev. Auth. Rev. Series 2019 A: | |||
5% 7/1/24 | 1,750 | 1,766 | |
5% 7/1/27 | 1,500 | 1,624 | |
5% 7/1/38 | 2,000 | 2,192 | |
5% 7/1/39 | 1,250 | 1,363 | |
Burke County Indl. Dev. Auth. Poll. Cont. Rev. Bonds (Georgia Pwr. Co. Plant Vogtle Proj.): | |||
Series 2008, 2.925%, tender 3/12/24 (b) | 5,000 | 4,984 | |
Series 2012: | |||
1.7%, tender 8/22/24 (b) | 9,660 | 9,469 | |
2.875%, tender 8/19/25 (b) | 3,575 | 3,511 | |
Series 2013 1st, 2.925%, tender 3/12/24 (b) | 7,770 | 7,744 | |
Columbus Med. Ctr. Hosp. Auth. Bonds (Piedmont Healthcare, Inc. Proj.): | |||
Series 2019 A, 5%, tender 7/1/26 (b) | 12,665 | 13,096 | |
Series 2019 B, 5%, tender 7/1/29 (b) | 10,100 | 11,011 | |
DeKalb Private Hosp. Auth. Rev. Series 2019 B: | |||
5% 7/1/24 | 1,000 | 1,009 | |
5% 7/1/26 | 1,000 | 1,056 | |
5% 7/1/28 | 2,000 | 2,215 | |
Fulton County Dev. Auth. Rev.: | |||
Series 2019 C: | |||
5% 7/1/27 | 3,035 | 3,285 | |
5% 7/1/36 | 1,300 | 1,444 | |
5% 7/1/37 | 1,600 | 1,768 | |
5% 7/1/39 | 1,250 | 1,363 | |
Series 2019, 5% 6/15/44 | 2,365 | 2,532 | |
Gainesville & Hall County Hosp. Auth. Rev. Series 2020 A, 4% 2/15/37 | 1,080 | 1,097 | |
Georgia Gen. Oblig. Series 2020 A: | |||
4% 8/1/34 | 8,545 | 9,294 | |
4% 8/1/35 | 15,000 | 16,255 | |
Georgia Muni. Elec. Auth. Pwr. Rev.: | |||
Series 2019 A: | |||
5% 1/1/27 | 990 | 1,050 | |
5% 1/1/28 | 520 | 560 | |
5% 1/1/29 | 1,140 | 1,247 | |
5% 1/1/31 | 700 | 762 | |
5% 1/1/32 | 515 | 560 | |
5% 1/1/33 | 1,200 | 1,305 | |
Series 2020 A: | |||
4% 1/1/34 | 1,870 | 1,959 | |
5% 11/1/27 | 600 | 647 | |
5% 11/1/28 | 820 | 897 | |
5% 11/1/29 | 935 | 1,037 | |
5% 1/1/31 | 1,000 | 1,133 | |
5% 1/1/31 | 1,250 | 1,416 | |
5% 1/1/32 | 1,150 | 1,302 | |
5% 1/1/32 | 1,000 | 1,132 | |
5% 1/1/33 | 1,000 | 1,131 | |
5% 1/1/35 | 1,000 | 1,126 | |
Series 2021 A: | |||
4% 1/1/46 (Assured Guaranty Muni. Corp. Insured) | 1,710 | 1,702 | |
4% 1/1/46 (Assured Guaranty Muni. Corp. Insured) | 1,100 | 1,095 | |
4% 1/1/51 | 630 | 596 | |
5% 1/1/56 | 1,635 | 1,675 | |
5% 1/1/56 | 560 | 574 | |
5% 1/1/56 | 820 | 844 | |
5% 1/1/62 (Assured Guaranty Muni. Corp. Insured) | 3,345 | 3,453 | |
5% 1/1/63 | 1,485 | 1,517 | |
Series 2022 A, 5% 7/1/37 (Assured Guaranty Muni. Corp. Insured) | 2,845 | 3,210 | |
Series 2023 A: | |||
5% 7/1/33 (Assured Guaranty Muni. Corp. Insured) | 360 | 420 | |
5% 7/1/34 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 1,163 | |
5% 7/1/34 (Assured Guaranty Muni. Corp. Insured) | 365 | 425 | |
5% 7/1/35 (Assured Guaranty Muni. Corp. Insured) | 845 | 975 | |
5% 7/1/35 (Assured Guaranty Muni. Corp. Insured) | 310 | 358 | |
5% 7/1/36 (Assured Guaranty Muni. Corp. Insured) | 650 | 745 | |
5% 7/1/36 (Assured Guaranty Muni. Corp. Insured) | 450 | 515 | |
5% 7/1/37 (Assured Guaranty Muni. Corp. Insured) | 495 | 562 | |
5% 7/1/38 (Assured Guaranty Muni. Corp. Insured) | 1,230 | 1,379 | |
5% 7/1/38 (Assured Guaranty Muni. Corp. Insured) | 435 | 488 | |
5% 7/1/39 (Assured Guaranty Muni. Corp. Insured) | 500 | 557 | |
Series GG: | |||
5% 1/1/24 | 3,520 | 3,520 | |
5% 1/1/25 | 1,215 | 1,216 | |
5% 1/1/26 | 4,855 | 4,859 | |
Georgia Muni. Gas Auth. Rev. (Gas Portfolio III Proj.) Series 2014 U, 5% 10/1/24 | 1,360 | 1,379 | |
Glynn-Brunswick Memorial Hosp. Auth. Rev. (Southeast Georgia Health Sys. Proj.) Series 2020, 4% 8/1/38 | 2,000 | 2,000 | |
Main Street Natural Gas, Inc.: | |||
Bonds: | |||
Series 2019 B, 4%, tender 12/2/24 (b) | 26,260 | 26,318 | |
Series 2021 A, 4%, tender 9/1/27 (b) | 49,740 | 50,032 | |
Series 2021 C, 4%, tender 12/1/28 (b) | 8,420 | 8,477 | |
Series 2022 B, 5%, tender 6/1/29 (b) | 34,655 | 36,577 | |
Series 2022 E, 4%, tender 12/1/29 (b) | 28,790 | 29,007 | |
Series 2023 B, 5%, tender 3/1/30 (b) | 14,245 | 15,188 | |
Series 2023 C, 5%, tender 9/1/30 (b) | 17,055 | 18,246 | |
Series 2023 D, 5%, tender 12/1/30 (b) | 28,360 | 30,163 | |
Series 2022 A, 4% 12/1/29 | 3,515 | 3,523 | |
Monroe County Dev. Auth. Poll. Cont. Rev. Bonds (Georgia Pwr. Co. Plant Scherer Proj.): | |||
Series 2009, 3.875%, tender 3/6/26 (b) | 2,150 | 2,168 | |
Series 2012, 3.875%, tender 3/6/26 (b) | 2,785 | 2,808 | |
Series 2023: | |||
3.875%, tender 3/6/26 (b) | 3,500 | 3,529 | |
3.875%, tender 3/6/26 (b) | 3,500 | 3,529 | |
Private Colleges & Univs. Auth. Rev.: | |||
(The Savannah College of Art & Design Projs.) Series 2021: | |||
4% 4/1/39 | 955 | 975 | |
4% 4/1/41 | 1,500 | 1,516 | |
5% 4/1/32 | 800 | 912 | |
5% 4/1/34 | 2,420 | 2,746 | |
Series 2020 B, 5% 9/1/34 | 3,500 | 4,044 | |
TOTAL GEORGIA | 460,712 | ||
Hawaii - 0.7% | |||
Hawaii Arpts. Sys. Rev. Series 2020 A: | |||
4% 7/1/36 (c) | 925 | 943 | |
4% 7/1/37 (c) | 1,385 | 1,402 | |
4% 7/1/38 (c) | 1,400 | 1,418 | |
4% 7/1/39 (c) | 1,500 | 1,510 | |
4% 7/1/40 (c) | 535 | 538 | |
5% 7/1/33 (c) | 6,795 | 7,509 | |
Hawaii Gen. Oblig.: | |||
Series 2019 FW: | |||
5% 1/1/31 | 1,250 | 1,402 | |
5% 1/1/35 | 5,000 | 5,594 | |
Series 2019, 5% 1/1/30 | 5,140 | 5,770 | |
Series 2020 A: | |||
4% 7/1/33 (c) | 1,000 | 1,042 | |
4% 7/1/35 (c) | 280 | 290 | |
Honolulu City & County Gen. Oblig.: | |||
Series 2017 D, 5% 9/1/26 | 3,110 | 3,308 | |
Series 2019 A: | |||
5% 9/1/27 | 2,000 | 2,181 | |
5% 9/1/30 | 6,500 | 7,227 | |
Series 2019 D, 5% 8/1/26 | 4,500 | 4,776 | |
Series 2020 F: | |||
5% 7/1/33 | 1,955 | 2,247 | |
5% 7/1/34 | 860 | 988 | |
Series 2022 A: | |||
5% 11/1/25 | 2,620 | 2,730 | |
5% 11/1/26 | 700 | 748 | |
5% 11/1/27 | 2,630 | 2,879 | |
5% 11/1/28 | 4,210 | 4,719 | |
Series C: | |||
4% 7/1/34 | 850 | 907 | |
4% 7/1/37 | 750 | 785 | |
4% 7/1/39 | 1,200 | 1,238 | |
4% 7/1/40 | 1,250 | 1,282 | |
Univ. Hawaii Rev.: | |||
Series 2020 B: | |||
5% 10/1/29 | 4,695 | 5,337 | |
5% 10/1/30 | 4,280 | 4,957 | |
Series 2020 D, 5% 10/1/29 | 1,025 | 1,165 | |
TOTAL HAWAII | 74,892 | ||
Idaho - 0.1% | |||
Idaho Hsg. & Fin. Assoc. Single Family Mtg.: | |||
(Idaho St Garvee Proj.) Series 2017 A: | |||
5% 7/15/24 | 1,260 | 1,273 | |
5% 7/15/25 | 1,260 | 1,301 | |
5% 7/15/27 | 3,140 | 3,400 | |
Series 2019 A, 4% 1/1/50 | 630 | 629 | |
Series 2021 A: | |||
4% 7/15/36 | 2,250 | 2,354 | |
4% 7/15/37 | 750 | 778 | |
4% 7/15/38 | 1,750 | 1,796 | |
4% 7/15/39 | 1,500 | 1,530 | |
TOTAL IDAHO | 13,061 | ||
Illinois - 9.5% | |||
Champaign County Cmnty. Unit Series 2020 A: | |||
0% 1/1/26 | 800 | 747 | |
0% 1/1/28 | 575 | 503 | |
Chicago Board of Ed.: | |||
Series 2012 A, 5% 12/1/42 | 1,880 | 1,856 | |
Series 2015 C, 5.25% 12/1/39 | 1,455 | 1,454 | |
Series 2016 B, 6.5% 12/1/46 | 700 | 733 | |
Series 2017 A, 7% 12/1/46 (d) | 2,400 | 2,585 | |
Series 2017 C, 5% 12/1/26 | 905 | 934 | |
Series 2017 D, 5% 12/1/27 | 2,500 | 2,608 | |
Series 2017 H: | |||
5% 12/1/36 | 5,215 | 5,276 | |
5% 12/1/46 | 3,275 | 3,235 | |
Series 2018 A: | |||
5% 12/1/24 | 560 | 564 | |
5% 12/1/27 | 6,280 | 6,551 | |
5% 12/1/33 | 700 | 718 | |
5% 12/1/34 | 1,400 | 1,433 | |
Series 2018 C: | |||
5% 12/1/24 | 725 | 730 | |
5% 12/1/26 | 4,625 | 4,773 | |
5% 12/1/46 | 11,410 | 11,348 | |
Series 2019 A: | |||
5% 12/1/24 | 2,300 | 2,316 | |
5% 12/1/28 | 6,520 | 6,835 | |
5% 12/1/28 | 510 | 535 | |
5% 12/1/29 | 930 | 982 | |
5% 12/1/30 | 1,335 | 1,396 | |
5% 12/1/30 | 900 | 941 | |
5% 12/1/32 | 1,250 | 1,299 | |
Series 2021 B, 5% 12/1/31 | 3,250 | 3,439 | |
Series 2022 A, 5% 12/1/47 | 11,070 | 11,008 | |
Chicago Gen. Oblig.: | |||
Series 2019 A, 5.5% 1/1/35 | 2,000 | 2,179 | |
Series 2020 A, 5% 1/1/31 | 1,600 | 1,731 | |
Series 2021 A: | |||
5% 1/1/31 | 7,690 | 8,440 | |
5% 1/1/34 | 4,995 | 5,453 | |
Series 2023 A: | |||
4% 1/1/35 | 8,000 | 7,895 | |
5% 1/1/34 | 7,000 | 7,741 | |
5% 1/1/35 | 2,460 | 2,714 | |
5.25% 1/1/36 | 1,500 | 1,671 | |
Chicago Midway Arpt. Rev.: | |||
Series 2014 A: | |||
5% 1/1/30 (c) | 2,980 | 2,994 | |
5% 1/1/32 (c) | 6,310 | 6,339 | |
5% 1/1/33 (c) | 7,100 | 7,132 | |
Series 2014 B, 5% 1/1/24 | 3,235 | 3,235 | |
Series 2016 A: | |||
5% 1/1/29 (c) | 2,155 | 2,205 | |
5% 1/1/30 (c) | 3,290 | 3,368 | |
5% 1/1/31 (c) | 3,850 | 3,937 | |
Series 2016 B, 5% 1/1/41 | 3,390 | 3,455 | |
Series 2023: | |||
5% 1/1/32 (Build America Mutual Assurance Insured) (c) | 9,830 | 11,047 | |
5% 1/1/33 (Build America Mutual Assurance Insured) (c) | 3,000 | 3,409 | |
Chicago O'Hare Int'l. Arpt. Rev.: | |||
Series 2015 A, 5% 1/1/24 (c) | 1,045 | 1,045 | |
Series 2015 B, 5% 1/1/32 | 5,235 | 5,317 | |
Series 2015 C, 5% 1/1/24 (c) | 1,245 | 1,245 | |
Series 2016 C: | |||
5% 1/1/24 | 1,455 | 1,455 | |
5% 1/1/25 | 2,285 | 2,331 | |
5% 1/1/26 | 1,940 | 2,028 | |
5% 1/1/33 | 2,305 | 2,392 | |
5% 1/1/34 | 2,670 | 2,770 | |
Series 2016 D, 5% 1/1/52 | 6,740 | 6,925 | |
Series 2017 D: | |||
5% 1/1/27 (c) | 2,415 | 2,533 | |
5% 1/1/28 (c) | 460 | 484 | |
5% 1/1/31 (c) | 2,850 | 2,990 | |
5% 1/1/33 (c) | 1,455 | 1,521 | |
Series 2018 A: | |||
5% 1/1/48 (c) | 3,585 | 3,694 | |
5% 1/1/53 (c) | 6,110 | 6,266 | |
Series 2020 A, 4% 1/1/36 (Assured Guaranty Muni. Corp. Insured) | 5,000 | 5,238 | |
Series 2023: | |||
5% 1/1/37 (Build America Mutual Assurance Insured) | 1,330 | 1,497 | |
5.25% 1/1/39 (Build America Mutual Assurance Insured) | 1,195 | 1,346 | |
5.25% 1/1/40 (Build America Mutual Assurance Insured) | 1,700 | 1,904 | |
Chicago O'Hare Int'l. Arpt. Spl. Facilities Rev. Series 2018, 5% 7/1/38 (c) | 2,470 | 2,541 | |
Chicago Transit Auth. Cap. Grant Receipts Rev. Series 2021: | |||
5% 6/1/27 | 2,250 | 2,383 | |
5% 6/1/28 | 2,500 | 2,696 | |
Cook County Gen. Oblig.: | |||
Series 2021 A: | |||
5% 11/15/24 | 1,150 | 1,169 | |
5% 11/15/25 | 1,150 | 1,195 | |
5% 11/15/26 | 2,300 | 2,448 | |
Series 2021 B: | |||
4% 11/15/26 | 1,575 | 1,633 | |
4% 11/15/27 | 1,585 | 1,669 | |
4% 11/15/28 | 795 | 833 | |
Series 2022 A: | |||
5% 11/15/29 | 4,365 | 4,931 | |
5% 11/15/33 | 1,425 | 1,636 | |
Cook County Ill High School District # Series 2021 A: | |||
2% 12/15/33 | 1,125 | 975 | |
2% 12/15/34 | 1,165 | 998 | |
Cook County Sales Tax Rev.: | |||
Series 2022 B, 5% 11/15/32 | 405 | 466 | |
Series 2022 B, 5% 11/15/34 | 300 | 343 | |
Series 2022 B: | |||
5% 11/15/35 | 850 | 964 | |
5% 11/15/36 | 1,725 | 1,954 | |
Cook, Kane Lake & McHenry Countys Cmnty. College District #512 Series 2017 B, 5% 12/1/24 | 5,140 | 5,227 | |
Grundy & Will Counties Cmnty. School Gen. Oblig. Series 2018: | |||
5% 2/1/29 | 935 | 997 | |
5% 2/1/29 (Pre-Refunded to 2/1/27 @ 100) | 255 | 273 | |
Illinois Fin. Auth.: | |||
Bonds Series 2021 B, 5%, tender 8/15/31 (b) | 2,940 | 3,298 | |
Series 2020 A: | |||
5% 8/15/30 | 2,170 | 2,472 | |
5% 8/15/31 | 1,060 | 1,203 | |
5% 8/15/32 | 1,500 | 1,701 | |
5% 8/15/33 | 1,250 | 1,417 | |
Series 2021 A, 4% 7/15/39 | 1,500 | 1,533 | |
Series 2022 A: | |||
5% 8/15/38 | 2,700 | 3,027 | |
5% 8/15/39 | 3,300 | 3,665 | |
5.5% 10/1/47 | 1,680 | 1,746 | |
Series 2023 A: | |||
5% 5/15/35 | 625 | 742 | |
5% 5/15/36 | 400 | 471 | |
5% 5/15/38 | 465 | 535 | |
5% 5/15/40 | 2,500 | 2,843 | |
Illinois Fin. Auth. Rev.: | |||
(Bradley Univ. Proj.) Series 2017 C, 5% 8/1/24 | 1,480 | 1,488 | |
(Centegra Health Sys. Proj.) Series 2014 A, 5% 9/1/34 (Pre-Refunded to 9/1/24 @ 100) | 585 | 592 | |
(Northwestern Memorial Hosp.,IL. Proj.) Series 2017 A: | |||
5% 7/15/25 | 1,385 | 1,428 | |
5% 7/15/26 | 1,940 | 2,047 | |
5% 7/15/28 | 2,040 | 2,226 | |
(OSF Healthcare Sys.) Series 2018 A: | |||
5% 5/15/29 | 9,870 | 10,542 | |
5% 5/15/30 | 9,845 | 10,496 | |
5% 5/15/31 | 21,400 | 22,753 | |
(Presence Health Proj.) Series 2016 C: | |||
5% 2/15/26 | 2,590 | 2,701 | |
5% 2/15/28 | 6,800 | 7,223 | |
5% 2/15/29 | 10,570 | 11,200 | |
5% 2/15/36 | 2,200 | 2,296 | |
(Rosalind Franklin Univ. Research Bldg. Proj.) Series 2017 C, 5% 8/1/49 | 845 | 851 | |
(Rush Univ. Med. Ctr. Proj.) Series 2015 A, 5% 11/15/34 | 1,980 | 2,010 | |
(Silver Cross Health Sys. Proj.) Series 2015 C, 5% 8/15/27 | 875 | 898 | |
Series 2013: | |||
5% 11/15/26 | 2,600 | 2,602 | |
5% 11/15/29 | 780 | 781 | |
Series 2015 A: | |||
5% 5/15/25 | 760 | 747 | |
5% 11/15/27 | 1,015 | 1,047 | |
5% 11/15/28 | 1,215 | 1,253 | |
5% 11/15/29 | 1,830 | 1,885 | |
5% 11/15/32 | 3,375 | 3,455 | |
5% 11/15/35 | 1,500 | 1,527 | |
Series 2015 B, 5% 11/15/26 | 2,940 | 3,008 | |
Series 2015 C, 5% 8/15/44 | 23,115 | 23,432 | |
Series 2016 A: | |||
5% 2/15/24 | 1,455 | 1,458 | |
5% 2/15/25 | 995 | 1,015 | |
5% 2/15/26 | 1,455 | 1,516 | |
5% 7/1/30 (Pre-Refunded to 7/1/26 @ 100) | 2,545 | 2,691 | |
5% 8/15/33 (Pre-Refunded to 8/15/26 @ 100) | 3,205 | 3,377 | |
5% 7/1/36 (Pre-Refunded to 7/1/26 @ 100) | 5,715 | 6,042 | |
5% 2/15/45 | 1,600 | 1,632 | |
Series 2016 C: | |||
3.75% 2/15/34 | 2,705 | 2,716 | |
4% 2/15/36 | 5,330 | 5,428 | |
4% 2/15/41 | 4,915 | 4,863 | |
5% 2/15/24 | 565 | 566 | |
5% 2/15/31 | 1,650 | 1,744 | |
5% 2/15/32 | 12,195 | 12,876 | |
5% 2/15/33 | 4,855 | 5,117 | |
5% 2/15/41 | 6,865 | 7,043 | |
Series 2016: | |||
4% 2/15/41 (Pre-Refunded to 2/15/27 @ 100) | 35 | 36 | |
5% 5/15/28 | 2,380 | 2,481 | |
5% 5/15/29 | 1,330 | 1,384 | |
5% 12/1/29 | 1,755 | 1,826 | |
5% 12/1/33 | 1,900 | 1,968 | |
5% 12/1/40 | 4,765 | 4,873 | |
5% 12/1/46 | 3,250 | 3,308 | |
Series 2017 A, 5% 8/1/47 | 750 | 757 | |
Series 2017: | |||
5% 7/1/29 | 5,030 | 5,390 | |
5% 1/1/30 | 4,855 | 5,201 | |
5% 7/1/31 | 8,630 | 9,242 | |
Series 2018 A, 5% 5/15/32 | 9,255 | 9,830 | |
Series 2019: | |||
4% 9/1/35 | 1,000 | 882 | |
5% 9/1/29 | 650 | 653 | |
5% 9/1/31 | 500 | 501 | |
5% 9/1/32 | 1,000 | 1,000 | |
5% 9/1/34 | 1,100 | 1,087 | |
Illinois Gen. Oblig.: | |||
Series 2006, 5.5% 1/1/28 | 1,410 | 1,544 | |
Series 2014: | |||
5% 2/1/26 | 2,195 | 2,197 | |
5% 2/1/27 | 2,590 | 2,593 | |
5% 4/1/28 | 2,070 | 2,078 | |
5% 5/1/28 | 910 | 914 | |
5% 5/1/32 | 2,430 | 2,441 | |
5% 5/1/33 | 6,410 | 6,437 | |
5.25% 2/1/31 | 10,195 | 10,208 | |
Series 2016: | |||
4% 2/1/30 (Assured Guaranty Muni. Corp. Insured) | 12,435 | 12,729 | |
5% 6/1/25 | 7,620 | 7,813 | |
5% 6/1/26 | 1,035 | 1,081 | |
5% 2/1/27 | 8,355 | 8,844 | |
5% 2/1/28 | 5,965 | 6,322 | |
5% 2/1/29 | 5,605 | 5,931 | |
5% 1/1/33 | 1,085 | 1,116 | |
5% 1/1/35 | 3,600 | 3,688 | |
5% 1/1/41 | 2,100 | 2,131 | |
5% 11/1/41 | 3,900 | 3,974 | |
Series 2017 A, 5% 12/1/38 | 1,250 | 1,306 | |
Series 2017 D, 5% 11/1/25 | 12,765 | 13,199 | |
Series 2019 B, 5% 9/1/24 | 5,580 | 5,643 | |
Series 2020 B: | |||
4% 10/1/32 | 3,610 | 3,759 | |
5% 10/1/30 | 11,425 | 12,800 | |
Series 2020 C, 4.125% 10/1/36 | 1,500 | 1,538 | |
Series 2021 A, 5% 3/1/30 | 2,000 | 2,225 | |
Series 2022 A: | |||
5% 3/1/30 | 10,690 | 11,890 | |
5% 3/1/35 | 8,775 | 9,851 | |
5.25% 3/1/37 | 4,590 | 5,179 | |
Series 2022 B: | |||
5% 3/1/29 | 3,650 | 4,004 | |
5% 3/1/30 | 15,000 | 16,684 | |
5% 3/1/31 | 23,510 | 26,469 | |
5% 3/1/32 | 6,160 | 7,007 | |
5% 3/1/33 | 14,300 | 16,204 | |
5% 3/1/34 | 30,000 | 33,892 | |
5% 3/1/36 | 18,040 | 20,144 | |
Series 2023 B: | |||
5% 5/1/29 | 885 | 973 | |
5.25% 5/1/40 | 2,585 | 2,876 | |
5.25% 5/1/42 | 9,000 | 9,919 | |
Series 2023 C, 5% 5/1/28 | 5,000 | 5,417 | |
Series 2023 D: | |||
5% 7/1/29 | 22,070 | 24,326 | |
5% 7/1/35 | 33,175 | 37,348 | |
Illinois Hsg. Dev. Auth. Series 2022 A, 3.5% 4/1/52 | 12,920 | 12,711 | |
Illinois Hsg. Dev. Auth. Multi-family Hsg. Rev. Series 2019, 2.9% 7/1/35 | 8,514 | 7,738 | |
Illinois Hsg. Dev. Auth. Rev.: | |||
Series 2016 C, 2.9% 8/1/31 | 1,825 | 1,731 | |
Series 2019 C, 5% 4/1/28 | 1,200 | 1,303 | |
Series 2019 D, 2.7% 10/1/34 | 1,870 | 1,731 | |
Series D, 3.75% 4/1/50 | 1,400 | 1,392 | |
Illinois Muni. Elec. Agcy. Pwr. Supply Series 2015 A: | |||
5% 2/1/28 | 9,710 | 9,990 | |
5% 2/1/31 | 3,465 | 3,553 | |
Illinois Sales Tax Rev. Series 2021 C: | |||
5% 6/15/24 | 1,710 | 1,723 | |
5% 6/15/25 | 985 | 1,007 | |
5% 6/15/26 | 1,500 | 1,560 | |
5% 6/15/27 | 3,000 | 3,163 | |
Illinois Toll Hwy. Auth. Toll Hwy. Rev.: | |||
Series 2014 D, 5% 1/1/24 | 5,890 | 5,890 | |
Series 2016 A, 5% 12/1/31 | 1,735 | 1,808 | |
Series 2019 A, 5% 1/1/44 | 3,730 | 4,037 | |
Series 2019 C, 5% 1/1/31 | 4,350 | 4,966 | |
Series 2024 A: | |||
5% 1/1/28 (f) | 1,250 | 1,370 | |
5% 1/1/29 (f) | 1,400 | 1,568 | |
5% 1/1/30 (f) | 235 | 268 | |
5% 1/1/31 (f) | 460 | 533 | |
Series A: | |||
5% 1/1/39 | 2,100 | 2,357 | |
5% 1/1/41 | 4,580 | 5,072 | |
Series C: | |||
5% 1/1/25 | 3,900 | 3,981 | |
5% 1/1/26 | 4,650 | 4,858 | |
Kane, McHenry, Cook & DeKalb Counties Unit School District #300: | |||
Series 2015, 5% 1/1/26 | 8,660 | 8,794 | |
Series 2017, 5% 1/1/29 | 1,790 | 1,923 | |
Lake County Forest Preservation District Series 2021, 2% 12/15/33 | 1,000 | 871 | |
McHenry & Kane Counties Cmnty. Consolidated School District #158 Series 2004, 0% 1/1/24 (Assured Guaranty Muni. Corp. Insured) | 7,810 | 7,810 | |
McHenry County Cmnty. School District #200 Series 2006 B: | |||
0% 1/15/24 | 3,880 | 3,875 | |
0% 1/15/24 (Escrowed to Maturity) | 3,325 | 3,322 | |
0% 1/15/25 | 7,510 | 7,249 | |
0% 1/15/26 | 5,645 | 5,278 | |
McHenry County Conservation District Gen. Oblig. Series 2014: | |||
5% 2/1/24 | 2,235 | 2,238 | |
5% 2/1/27 | 5,825 | 5,954 | |
Metropolitan Pier & Exposition: | |||
(McCormick Place Expansion Proj.) Series 2010 B1: | |||
0% 6/15/46 (Assured Guaranty Muni. Corp. Insured) | 2,160 | 813 | |
0% 6/15/47 (Assured Guaranty Muni. Corp. Insured) | 3,985 | 1,413 | |
Series 2002 A, 0% 6/15/31 | 1,755 | 1,381 | |
Series 2002: | |||
0% 12/15/29 (Assured Guaranty Muni. Corp. Insured) (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 9,965 | 8,248 | |
0% 12/15/29 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 15,070 | 12,415 | |
Series 2020 A, 5% 6/15/50 | 38,595 | 39,884 | |
Series 2022 A: | |||
0% 6/15/36 | 1,350 | 858 | |
0% 6/15/37 | 1,395 | 840 | |
0% 12/15/37 | 1,380 | 808 | |
0% 6/15/38 | 1,500 | 846 | |
0% 12/15/38 | 1,500 | 830 | |
0% 6/15/39 | 1,750 | 932 | |
Railsplitter Tobacco Settlement Auth. Rev. Series 2017, 5% 6/1/24 (Escrowed to Maturity) | 13,685 | 13,793 | |
Schaumburg Village Gen. Oblig. Series 2023, 4% 12/1/32 | 11,240 | 12,077 | |
Univ. of Illinois Rev. Series 2023: | |||
5% 10/1/33 | 1,300 | 1,495 | |
5% 10/1/34 | 870 | 991 | |
5% 10/1/35 | 885 | 999 | |
5% 10/1/36 | 530 | 593 | |
Will County Cmnty. Unit School District #365-U Series 2007 B, 0% 11/1/26 (Pre-Refunded to 11/1/26 @ 100) | 5,600 | 5,151 | |
TOTAL ILLINOIS | 1,090,385 | ||
Indiana - 1.0% | |||
Indiana Dev. Fin. Auth. Envir. Rev. Bonds: | |||
Series 2009 A2, 3.75%, tender 6/1/27 (b)(c) | 3,650 | 3,701 | |
Series 2022 A1, 4.5%, tender 6/1/32 (b)(c) | 3,200 | 3,271 | |
Indiana Fin. Auth. Envir. Facilities Rev. Bonds (Indianapolis Pwr. & Lt. Co. Proj.): | |||
Series 2020 A, 0.75%, tender 4/1/26 (b) | 1,550 | 1,422 | |
Series 2020 B, 0.95%, tender 4/1/26 (b)(c) | 2,750 | 2,540 | |
Indiana Fin. Auth. Health Sys. Rev. Bonds Series 2019 B, 2.25%, tender 7/1/25 (b) | 5,045 | 4,964 | |
Indiana Fin. Auth. Hosp. Rev. Bonds Series 2011 L, 0.7%, tender 1/1/26 (b) | 24,895 | 23,234 | |
Indiana Fin. Auth. Rev.: | |||
(Cmnty. Foundation of Northwest Indiana Obligated Group) Series 2016, 5% 9/1/25 | 970 | 1,001 | |
Series 2015, 5% 3/1/36 | 8,060 | 8,198 | |
Series 2016: | |||
5% 9/1/26 | 970 | 1,022 | |
5% 9/1/29 | 485 | 513 | |
5% 9/1/36 | 2,090 | 2,186 | |
Indiana Fin. Auth. Wastewtr. Util. Rev. (CWA Auth. Proj.) Series 2015 A, 5% 10/1/26 | 2,405 | 2,441 | |
Indiana Hsg. & Cmnty. Dev. Auth.: | |||
(Glasswater Creek of Whitestown Proj.) Series 2020, 5.375% 10/1/40 (d) | 3,640 | 2,999 | |
Series 2021 B, 3% 7/1/50 | 2,320 | 2,260 | |
Series A, 3% 7/1/51 | 1,600 | 1,560 | |
Indianapolis Local Pub. Impt.: | |||
(Indianapolis Arpt. Auth. Proj.) Series 2019 D, 5% 1/1/25 (c) | 4,710 | 4,777 | |
Series 2021 A, 5% 6/1/24 | 1,800 | 1,814 | |
Series 2022 G2: | |||
5% 1/1/32 (c) | 550 | 616 | |
5% 1/1/33 (c) | 875 | 979 | |
5% 1/1/34 (c) | 750 | 839 | |
5% 1/1/35 (c) | 850 | 948 | |
5.25% 1/1/36 (c) | 1,000 | 1,140 | |
5.25% 1/1/37 (c) | 850 | 962 | |
5.25% 1/1/38 (c) | 1,000 | 1,114 | |
5.25% 1/1/39 (c) | 2,075 | 2,299 | |
Indianapolis Thermal Energy Sys. Series 2016 A: | |||
5% 10/1/24 | 10,585 | 10,746 | |
5% 10/1/25 | 11,400 | 11,823 | |
Saint Joseph County Econ. Dev. Auth. Rev. (St. Mary's College Proj.) Series 2020: | |||
5% 4/1/29 | 1,185 | 1,297 | |
5% 4/1/30 | 2,220 | 2,434 | |
5% 4/1/33 | 1,445 | 1,582 | |
Whiting Envir. Facilities Rev. Bonds (BP Products North America, Inc. Proj.): | |||
Series 2017, 5%, tender 11/1/24 (b)(c) | 2,500 | 2,513 | |
Series 2019 A, 5%, tender 6/5/26 (b)(c) | 12,305 | 12,515 | |
TOTAL INDIANA | 119,710 | ||
Iowa - 0.4% | |||
Des Moines Iowa Series 2020 A, 2% 6/1/31 | 1,295 | 1,169 | |
Iowa Fin. Auth. Rev.: | |||
Series 2021 A: | |||
4% 5/15/28 | 2,355 | 2,175 | |
4% 5/15/53 | 1,000 | 615 | |
Series 2023 B, 7.25% 5/15/38 | 4,600 | 4,777 | |
Series A: | |||
5% 5/15/43 | 1,410 | 1,135 | |
5% 5/15/48 | 2,910 | 2,220 | |
Iowa Fin. Auth. Solid Waste Facilities Bonds (Gevo NW Iowa RNG, LLC Renewable Natural Gas Proj.) Series 2021, 1.5%, tender 4/1/24, LOC Citibank NA (b)(c) | 4,130 | 4,101 | |
Iowa Student Ln. Liquidity Corp. Student Ln. Rev.: | |||
Series 2019 B, 5% 12/1/28 (c) | 1,000 | 1,070 | |
Series 2022 B: | |||
5% 12/1/29 (c) | 1,575 | 1,701 | |
5% 12/1/30 (c) | 2,000 | 2,174 | |
5% 12/1/31 (c) | 2,000 | 2,194 | |
5% 12/1/32 (c) | 2,000 | 2,206 | |
Series 2023 B: | |||
5% 12/1/27 (c) | 1,000 | 1,056 | |
5% 12/1/28 (c) | 1,445 | 1,546 | |
5% 12/1/29 (c) | 3,600 | 3,887 | |
5% 12/1/30 (c) | 2,230 | 2,425 | |
5% 12/1/31 (c) | 4,100 | 4,498 | |
5% 12/1/32 (c) | 3,750 | 4,120 | |
5% 12/1/33 (c) | 4,280 | 4,663 | |
TOTAL IOWA | 47,732 | ||
Kansas - 0.0% | |||
Wyandotte County/Kansas City Unified Govt. Util. Sys. Rev. Series 2016 A: | |||
5% 9/1/30 | 970 | 998 | |
5% 9/1/32 | 1,115 | 1,147 | |
TOTAL KANSAS | 2,145 | ||
Kentucky - 2.1% | |||
Ashland Med. Ctr. Rev. Series 2019: | |||
4% 2/1/33 | 1,440 | 1,466 | |
5% 2/1/28 | 880 | 934 | |
5% 2/1/29 | 530 | 571 | |
5% 2/1/31 | 460 | 493 | |
Carroll County Envir. Facilities Rev. Bonds (Kentucky Utils. Co. Proj.) Series 2004 A, 1.75%, tender 9/1/26 (b)(c) | 7,955 | 7,438 | |
Kenton County Arpt. Board Arpt. Rev. Series 2016: | |||
5% 1/1/25 | 800 | 816 | |
5% 1/1/26 | 585 | 612 | |
5% 1/1/29 | 1,555 | 1,618 | |
5% 1/1/30 | 1,625 | 1,687 | |
Kentucky Bond Dev. Corp. (Lexington Ctr. Corp. Proj.) Series 2018 A: | |||
5% 9/1/26 | 1,745 | 1,845 | |
5% 9/1/28 | 1,880 | 2,069 | |
5% 9/1/30 | 520 | 574 | |
Kentucky Bond Dev. Corp. Edl. Facilities Series 2021: | |||
4% 6/1/32 | 460 | 482 | |
4% 6/1/33 | 375 | 392 | |
4% 6/1/35 | 235 | 244 | |
4% 6/1/38 | 570 | 589 | |
Kentucky Econ. Dev. Fin. Auth. Series 2019 A1, 5% 8/1/32 | 1,105 | 1,209 | |
Kentucky Econ. Dev. Fin. Auth. Hosp. Rev. Series 2015 A: | |||
5% 6/1/25 | 1,725 | 1,740 | |
5% 6/1/26 | 1,815 | 1,836 | |
5% 6/1/27 | 1,910 | 1,935 | |
5% 6/1/28 | 2,005 | 2,033 | |
5% 6/1/29 | 2,105 | 2,136 | |
5% 6/1/30 | 2,215 | 2,247 | |
Kentucky State Property & Buildings Commission Rev.: | |||
(Kentucky St Proj.): | |||
Series D, 5% 5/1/26 | 1,180 | 1,241 | |
Series D: | |||
5% 5/1/27 | 970 | 1,045 | |
5% 5/1/28 | 970 | 1,042 | |
(Proj. No. 112) Series 2016 B, 5% 11/1/27 | 16,420 | 17,459 | |
(Proj. No. 119) Series 2018: | |||
5% 5/1/28 | 4,855 | 5,312 | |
5% 5/1/29 | 565 | 618 | |
5% 5/1/31 | 1,425 | 1,559 | |
Series 2015, 5% 8/1/28 | 1,035 | 1,067 | |
Series 2016 A: | |||
5% 2/1/29 | 5,555 | 5,786 | |
5% 2/1/30 | 5,670 | 5,899 | |
5% 2/1/32 | 2,230 | 2,314 | |
5% 2/1/33 | 2,770 | 2,874 | |
Series 2016 B, 5% 11/1/26 | 4,825 | 5,136 | |
Series 2017, 5% 4/1/27 | 4,625 | 4,971 | |
Series A: | |||
5% 11/1/31 | 2,000 | 2,201 | |
5% 11/1/32 | 3,000 | 3,296 | |
5% 11/1/33 | 1,500 | 1,646 | |
Kentucky Tpk. Auth. Econ. Dev. Road Rev. Series 2022 B: | |||
5% 7/1/32 | 400 | 468 | |
5% 7/1/34 | 400 | 466 | |
Kentucky, Inc. Pub. Energy Bonds: | |||
Series 2024 A1, 5.25%, tender 2/1/32 (b) | 32,760 | 35,704 | |
Series A, 4%, tender 6/1/26 (b) | 41,220 | 40,998 | |
Series C1, 4%, tender 6/1/25 (b) | 28,000 | 28,050 | |
Louisville & Jefferson County: | |||
Bonds: | |||
Series 2020 C, 5%, tender 10/1/26 (b) | 2,595 | 2,711 | |
Series 2020 D, 5%, tender 10/1/29 (b) | 3,700 | 4,026 | |
Series 2016 A: | |||
5% 10/1/29 | 17,585 | 18,324 | |
5% 10/1/32 | 3,230 | 3,358 | |
Series 2020 A, 5% 10/1/37 | 4,300 | 4,575 | |
Louisville & Jefferson County Metropolitan Govt. Board Wtr. Works Sys. Rev. Series 2022, 5% 11/15/35 | 2,980 | 3,532 | |
TOTAL KENTUCKY | 240,644 | ||
Louisiana - 0.5% | |||
Jefferson Parish Consolidated Sewerage District # 1 Rev. Series 2022: | |||
4% 2/1/35 | 3,465 | 3,720 | |
4% 2/1/36 | 1,960 | 2,088 | |
4% 2/1/38 | 1,445 | 1,502 | |
4% 2/1/39 | 2,890 | 2,984 | |
Louisiana Hsg. Corp. Single Fami (Home Ownership Prog.) Series 2023 C, 5.75% 12/1/53 | 3,900 | 4,289 | |
Louisiana Pub. Facilities Auth. Rev. Series 2018 E: | |||
5% 7/1/35 | 1,655 | 1,796 | |
5% 7/1/36 | 1,795 | 1,938 | |
New Orleans Aviation Board Rev.: | |||
(North Term. Proj.): | |||
Series 2015 B: | |||
5% 1/1/24 (c) | 2,430 | 2,430 | |
5% 1/1/25 (c) | 2,915 | 2,956 | |
5% 1/1/27 (c) | 2,185 | 2,204 | |
Series 2017 B: | |||
5% 1/1/29 (c) | 390 | 408 | |
5% 1/1/31 (c) | 730 | 763 | |
5% 1/1/36 (c) | 630 | 655 | |
5% 1/1/37 (c) | 485 | 503 | |
Series 2017 D2: | |||
5% 1/1/26 (c) | 730 | 751 | |
5% 1/1/29 (c) | 485 | 507 | |
5% 1/1/30 (c) | 665 | 696 | |
5% 1/1/32 (c) | 1,495 | 1,561 | |
5% 1/1/35 (c) | 1,115 | 1,162 | |
5% 1/1/38 (c) | 570 | 587 | |
St. John Baptist Parish Rev.: | |||
(Marathon Oil Corp.) Series 2017, 2.2% 6/1/37 (b) | 9,665 | 9,139 | |
Bonds (Marathon Oil Corp.) Series 2017: | |||
2.1%, tender 7/1/24 (b) | 4,670 | 4,607 | |
4.05%, tender 7/1/26 (b) | 12,590 | 12,449 | |
TOTAL LOUISIANA | 59,695 | ||
Maine - 0.1% | |||
Brunswick Series 2020: | |||
2% 11/1/32 | 1,095 | 975 | |
2.125% 11/1/34 | 1,195 | 1,045 | |
2.375% 11/1/37 | 605 | 515 | |
Maine Health & Higher Edl. Facilities Auth. Rev. Series 2016 A: | |||
4% 7/1/41 | 2,030 | 1,869 | |
4% 7/1/46 | 2,765 | 2,394 | |
5% 7/1/41 | 860 | 862 | |
5% 7/1/46 | 865 | 811 | |
Maine Hsg. Auth. Mtg. Series 2015 A3, 3.5% 11/15/34 | 1,535 | 1,536 | |
Maine Tpk. Auth. Tpk. Rev. Series 2015: | |||
5% 7/1/25 | 2,230 | 2,307 | |
5% 7/1/27 | 1,940 | 2,002 | |
TOTAL MAINE | 14,316 | ||
Maryland - 1.9% | |||
Anne Arundel County Gen. Oblig. Series 2021, 3% 10/1/36 | 2,300 | 2,261 | |
Baltimore County Gen. Oblig.: | |||
Series 2020, 4% 3/1/36 | 7,310 | 7,806 | |
Series 2021: | |||
3% 3/1/37 | 3,205 | 3,132 | |
5% 3/1/25 | 1,520 | 1,559 | |
Series 2023: | |||
5% 3/1/39 | 5,140 | 6,004 | |
5% 3/1/39 | 1,885 | 2,202 | |
5% 3/1/40 | 2,385 | 2,771 | |
5% 3/1/40 | 1,980 | 2,301 | |
Baltimore Gen. Oblig. Series 2022 A: | |||
5% 10/15/35 | 1,475 | 1,763 | |
5% 10/15/37 | 865 | 1,016 | |
Baltimore Proj. Rev.: | |||
Series 2017 C: | |||
5% 7/1/28 | 3,465 | 3,691 | |
5% 7/1/31 | 6,580 | 6,998 | |
5% 7/1/33 | 6,635 | 7,044 | |
Series 2017 D, 5% 7/1/33 | 5,630 | 5,994 | |
Maryland Cmnty. Dev. Admin Dept. Hsg. & Cmnty. Dev.: | |||
Series 2019 B, 4% 9/1/49 | 2,800 | 2,795 | |
Series 2019 C, 3.5% 3/1/50 | 3,080 | 3,041 | |
Series 2023 E, 6.25% 3/1/54 | 2,500 | 2,761 | |
Maryland Dept. of Trans.: | |||
Series 2019, 4% 10/1/32 | 3,600 | 3,744 | |
Series 2021 B: | |||
5% 8/1/32 (c) | 1,250 | 1,393 | |
5% 8/1/33 (c) | 1,000 | 1,116 | |
5% 8/1/35 (c) | 1,850 | 2,057 | |
5% 8/1/36 (c) | 1,000 | 1,105 | |
Series 2022 A: | |||
5% 12/1/25 | 1,400 | 1,463 | |
5% 12/1/28 | 1,265 | 1,426 | |
Series 2022 B, 5% 12/1/25 | 3,500 | 3,656 | |
Series 2022, 5% 12/1/26 | 1,205 | 1,293 | |
Maryland Econ. Dev. Auth. Rev. (Ports America Chesapeake LLC. Proj.) Series 2017 A: | |||
5% 6/1/24 | 1,455 | 1,460 | |
5% 6/1/25 | 1,455 | 1,477 | |
5% 6/1/26 | 1,940 | 2,007 | |
5% 6/1/27 | 1,310 | 1,378 | |
5% 6/1/31 | 970 | 1,030 | |
5% 6/1/32 | 970 | 1,029 | |
Maryland Econ. Dev. Corp.: | |||
(Port Covington Proj.) Series 2020: | |||
3.25% 9/1/30 | 500 | 473 | |
4% 9/1/40 | 2,095 | 1,893 | |
4% 9/1/50 | 2,625 | 2,200 | |
(Purple Line Lt. Rail Proj.) Series 2022 B: | |||
5% 12/31/36 (c) | 3,185 | 3,414 | |
5% 12/31/37 (c) | 2,500 | 2,657 | |
5% 12/31/38 (c) | 2,200 | 2,328 | |
5% 6/30/39 (c) | 3,700 | 3,899 | |
5% 12/31/39 (c) | 1,700 | 1,792 | |
Maryland Gen. Oblig.: | |||
Series 2021 2A, 5% 8/1/29 | 26,455 | 30,261 | |
Series 2021 A: | |||
4% 8/1/35 | 2,575 | 2,814 | |
5% 8/1/33 | 1,810 | 2,147 | |
Series 2022 2C: | |||
4% 3/1/28 | 7,595 | 8,110 | |
5% 3/1/26 | 11,000 | 11,571 | |
Series 2022 A: | |||
5% 6/1/34 | 1,995 | 2,400 | |
5% 6/1/35 | 3,765 | 4,509 | |
Maryland Health & Higher Edl. Series 2021 A: | |||
4% 6/1/35 | 500 | 505 | |
4% 6/1/46 | 750 | 675 | |
4% 6/1/51 | 1,000 | 868 | |
4% 6/1/55 | 1,000 | 854 | |
Maryland Health & Higher Edl. Facilities Auth. Rev.: | |||
Series 2015: | |||
5% 7/1/27 | 1,000 | 1,023 | |
5% 7/1/28 | 1,300 | 1,331 | |
5% 7/1/29 | 2,200 | 2,252 | |
5% 7/1/31 | 1,000 | 1,024 | |
Series 2016 A: | |||
4% 7/1/42 | 1,410 | 1,342 | |
5% 7/1/33 | 2,185 | 2,257 | |
5% 7/1/34 | 1,600 | 1,655 | |
5% 7/1/35 | 605 | 625 | |
5% 7/1/36 | 1,700 | 1,753 | |
Maryland Trans. Auth. Trans. Facility Projs. Rev. Series 2020, 5% 7/1/34 | 5,650 | 6,477 | |
Washington Metropolitan Area Transit Auth. Series 2021 A: | |||
5% 7/15/24 | 3,400 | 3,438 | |
5% 7/15/37 | 6,750 | 7,752 | |
Washington Suburban San. District Series 2023: | |||
5% 6/1/40 | 6,875 | 8,015 | |
5% 6/1/41 | 4,140 | 4,804 | |
TOTAL MARYLAND | 215,891 | ||
Massachusetts - 1.9% | |||
Massachusetts Bay Trans. Auth. Sales Tax Rev.: | |||
Series 2007 A1, 5.25% 7/1/33 | 1,905 | 2,388 | |
Series 2015 A, 5% 7/1/45 | 1,535 | 1,562 | |
Series 2016 A, 0% 7/1/32 | 12,450 | 9,084 | |
Massachusetts Commonwealth Trans. Fund Rev. (Rail Enhancement Prog.) Series 2021 B: | |||
5% 6/1/38 | 10,170 | 10,978 | |
5% 6/1/39 | 10,765 | 11,580 | |
Massachusetts Dept. of Trans. Metropolitan Hwy. Sys. Rev. Series A, 5% 1/1/31 | 7,500 | 8,407 | |
Massachusetts Dev. Fin. Agcy. Rev.: | |||
(Partners Healthcare Sys., Inc. Proj.) Series 2017 S: | |||
5% 7/1/24 | 3,885 | 3,922 | |
5% 7/1/30 | 3,565 | 3,874 | |
Bonds: | |||
(Partners Healthcare Sys., Inc. Proj.) Series 2017 S-4, 5%, tender 1/25/24 (b) | 11,290 | 11,302 | |
Series A1, 5%, tender 1/31/30 (b) | 10,135 | 11,503 | |
Series 2015 O1, 4% 7/1/45 | 3,395 | 3,344 | |
Series 2016 A, 4% 7/15/36 | 21,300 | 21,890 | |
Series 2016, 5% 10/1/41 | 3,800 | 3,821 | |
Series 2017 A, 5% 1/1/40 | 2,980 | 3,052 | |
Series 2019 S1, 5% 10/1/25 | 2,670 | 2,769 | |
Series 2019: | |||
5% 7/1/30 | 1,435 | 1,519 | |
5% 7/1/32 | 1,040 | 1,096 | |
Series 2022: | |||
5% 10/1/34 | 1,750 | 2,081 | |
5% 10/1/35 | 1,750 | 2,067 | |
5% 10/1/36 | 1,500 | 1,765 | |
Massachusetts Edl. Fing. Auth. Rev.: | |||
Series 2017 B, 4.25% 7/1/46 (c) | 2,300 | 2,240 | |
Series 2022 B: | |||
5% 7/1/26 (c) | 2,600 | 2,688 | |
5% 7/1/27 (c) | 2,350 | 2,453 | |
5% 7/1/28 (c) | 1,775 | 1,885 | |
5% 7/1/29 (c) | 1,925 | 2,069 | |
5% 7/1/30 (c) | 1,000 | 1,088 | |
5% 7/1/31 (c) | 800 | 878 | |
Series 2023 B: | |||
5% 7/1/31 (c) | 8,485 | 9,316 | |
5% 7/1/33 (c) | 2,280 | 2,518 | |
Massachusetts Gen. Oblig.: | |||
Series 2019 A, 5% 1/1/36 | 2,560 | 2,843 | |
Series 2019 B, 5% 7/1/36 | 1,700 | 1,883 | |
Series 2021 A, 5% 9/1/25 | 13,755 | 14,291 | |
Series 2022 C: | |||
5% 10/1/33 | 4,785 | 5,803 | |
5% 10/1/34 | 6,000 | 7,261 | |
Series A, 5% 7/1/28 | 1,100 | 1,170 | |
Massachusetts Port Auth. Rev.: | |||
Series 2019 A, 5% 7/1/31 (c) | 5,000 | 5,497 | |
Series 2019 C, 5% 7/1/44 (c) | 3,000 | 3,146 | |
Series 2021 E, 5% 7/1/35 (c) | 2,400 | 2,698 | |
Series 2022 A: | |||
5% 7/1/32 (c) | 1,500 | 1,719 | |
5% 7/1/33 (c) | 1,025 | 1,174 | |
5% 7/1/34 (c) | 1,350 | 1,543 | |
Massachusetts Port Auth. Spl. Facilities Rev. (Bosfuel Proj.) Series 2019 A, 5% 7/1/49 (c) | 9,190 | 9,481 | |
Massachusetts Wtr. Resources Auth. Wtr. & Swr. Rev. Series 2007 B, 5.25% 8/1/33 | 5,435 | 6,813 | |
Somerville Gen. Oblig. Series 2020, 2% 10/15/37 | 3,580 | 2,903 | |
Stoneham Gen. Oblig. Series 2022, 2.125% 1/15/38 | 3,335 | 2,676 | |
Univ. of Massachusetts Bldg. Auth. Facilities Rev. Series 2022 1, 5% 11/1/39 | 2,135 | 2,462 | |
TOTAL MASSACHUSETTS | 216,502 | ||
Michigan - 2.9% | |||
Detroit Downtown Dev. Auth. Tax: | |||
Series 2018 A, 5% 7/1/36 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 1,005 | |
Series A, 5% 7/1/35 (Assured Guaranty Muni. Corp. Insured) | 1,200 | 1,207 | |
Detroit Gen. Oblig. Series 2021 A: | |||
4% 4/1/41 | 1,575 | 1,488 | |
4% 4/1/42 | 600 | 560 | |
5% 4/1/31 | 900 | 983 | |
5% 4/1/33 | 1,075 | 1,166 | |
Detroit School District School Bldg. and Site Impt. Series 2005 A, 5.25% 5/1/30 (Assured Guaranty Muni. Corp. Insured) | 18,655 | 21,478 | |
Grand Rapids Pub. Schools: | |||
Series 2016: | |||
5% 5/1/30 (Assured Guaranty Muni. Corp. Insured) | 3,400 | 3,548 | |
5% 5/1/31 (Assured Guaranty Muni. Corp. Insured) | 4,855 | 5,061 | |
5% 5/1/32 (Assured Guaranty Muni. Corp. Insured) | 730 | 760 | |
5% 5/1/33 (Assured Guaranty Muni. Corp. Insured) | 3,030 | 3,157 | |
Series 2017: | |||
5% 5/1/27 (Assured Guaranty Muni. Corp. Insured) | 1,310 | 1,403 | |
5% 5/1/29 (Assured Guaranty Muni. Corp. Insured) | 1,890 | 2,024 | |
Great Lakes Wtr. Auth. Sew Disp. Sys. Series 2022 A: | |||
5% 7/1/33 | 330 | 391 | |
5% 7/1/35 | 745 | 878 | |
Great Lakes Wtr. Auth. Wtr. Supply Sys. Rev. Series 2022 A: | |||
5% 7/1/33 | 270 | 320 | |
5% 7/1/35 | 3,000 | 3,535 | |
Kalamazoo Hosp. Fin. Auth. Hosp. Facilities Rev. Series 2016: | |||
5% 5/15/27 | 3,255 | 3,398 | |
5% 5/15/27 (Pre-Refunded to 5/15/26 @ 100) | 20 | 21 | |
5% 5/15/28 | 2,460 | 2,564 | |
5% 5/15/28 (Pre-Refunded to 5/15/26 @ 100) | 15 | 16 | |
Lake Orion Cmnty. School District Series 2019, 5% 5/1/29 | 1,685 | 1,904 | |
Lansing Board of Wtr. & Lt. Util. Rev. Bonds Series 2021 B, 2%, tender 7/1/26 (b) | 5,760 | 5,466 | |
Michigan Bldg. Auth. Rev. (Facilities Prog.) Series 2016 I: | |||
5% 10/15/34 | 16,710 | 17,591 | |
5% 4/15/35 | 2,720 | 2,862 | |
Michigan Fin. Auth. Rev.: | |||
(Trinity Health Proj.) Series 2017: | |||
5% 12/1/24 | 1,700 | 1,731 | |
5% 12/1/25 | 2,915 | 3,035 | |
5% 12/1/26 | 1,270 | 1,350 | |
5% 12/1/27 | 1,215 | 1,318 | |
5% 12/1/28 | 1,940 | 2,115 | |
Bonds: | |||
Series 2015 D2, 1.2%, tender 4/13/28 (b) | 1,775 | 1,595 | |
Series 2019 B, 5%, tender 11/16/26 (b) | 5,450 | 5,703 | |
Series 2019 MI2, 5%, tender 2/1/25 (b) | 10,655 | 10,851 | |
Series 2015 D1: | |||
5% 7/1/27 | 415 | 425 | |
5% 7/1/29 | 970 | 996 | |
5% 7/1/31 | 1,165 | 1,194 | |
5% 7/1/32 | 970 | 987 | |
5% 7/1/33 | 825 | 844 | |
Series 2016: | |||
5% 11/15/30 | 4,480 | 4,703 | |
5% 11/15/32 | 1,210 | 1,268 | |
Series 2020 A: | |||
5% 6/1/30 | 775 | 850 | |
5% 6/1/31 | 1,005 | 1,108 | |
5% 6/1/32 | 970 | 1,069 | |
5% 6/1/33 | 1,745 | 1,921 | |
Series 2020, 5% 6/1/40 | 2,340 | 2,466 | |
Series 2022: | |||
5% 4/15/32 | 8,285 | 9,569 | |
5% 4/15/33 | 5,065 | 5,874 | |
5% 4/15/34 | 2,530 | 2,930 | |
5% 4/15/35 | 1,445 | 1,669 | |
Michigan Gen. Oblig. Series 2016, 5% 3/15/27 | 3,230 | 3,483 | |
Michigan Hosp. Fin. Auth. Rev.: | |||
(Trinity Health Proj.) Series 2008 C: | |||
5% 12/1/24 | 1,455 | 1,481 | |
5% 12/1/25 | 1,260 | 1,312 | |
5% 12/1/26 | 1,940 | 2,062 | |
5% 12/1/27 | 1,295 | 1,405 | |
5% 12/1/28 | 2,040 | 2,213 | |
Bonds Series 2010 F3, 4%, tender 7/1/24 (b) | 23,785 | 23,854 | |
Michigan Hsg. Dev. Auth. Single Family Mtg. Rev.: | |||
Series 2021 A, 3% 6/1/52 | 5,370 | 5,214 | |
Series 2022 D, 5.5% 6/1/53 | 10,865 | 11,545 | |
Series A, 3.5% 12/1/50 | 2,620 | 2,586 | |
Michigan Strategic Fund Exempt Facilities Rev. Bonds (Waste Mgmt., Inc. Proj.) Series 2001, 0.58%, tender 8/1/24 (b)(c) | 3,350 | 3,283 | |
Michigan Strategic Fund Ltd. Oblig. Rev. Bonds: | |||
(Consumer Energy Co. Proj.) Series 2019, 1.8%, tender 10/1/24 (b)(c) | 8,110 | 7,984 | |
(DTE Elec. Co. Exempt Facilities Proj.) Series 2023 DT, 3.875%, tender 6/3/30 (b)(c) | 3,500 | 3,492 | |
Michigan Technological Univ. Series 2021: | |||
4% 10/1/41 | 1,450 | 1,451 | |
5% 10/1/30 | 1,645 | 1,889 | |
5% 10/1/31 | 1,250 | 1,450 | |
5% 10/1/32 | 1,250 | 1,444 | |
5% 10/1/33 | 1,325 | 1,539 | |
5% 10/1/34 | 1,405 | 1,624 | |
Michigan Trunk Line Fund Rev. Series 2020 B, 5% 11/15/36 | 26,785 | 30,755 | |
Oakland Univ. Rev.: | |||
Series 2022 A: | |||
5% 3/1/26 | 480 | 502 | |
5% 3/1/33 | 1,000 | 1,144 | |
5% 3/1/34 | 1,905 | 2,164 | |
5% 3/1/35 | 2,000 | 2,265 | |
5% 3/1/36 | 2,095 | 2,355 | |
5% 3/1/37 | 2,200 | 2,453 | |
5% 3/1/38 | 2,310 | 2,544 | |
5% 3/1/39 | 2,425 | 2,653 | |
Series 2022 B: | |||
5% 3/1/33 | 1,000 | 1,144 | |
5% 3/1/34 | 1,250 | 1,420 | |
5% 3/1/38 | 1,330 | 1,466 | |
5% 3/1/39 | 1,375 | 1,504 | |
Portage Pub. Schools Series 2016: | |||
5% 11/1/27 | 1,215 | 1,274 | |
5% 11/1/29 | 3,080 | 3,229 | |
Royal Oak Hosp. Fin. Auth. Hosp. Rev. Series 2014 D, 5% 9/1/24 (Pre-Refunded to 3/1/24 @ 100) | 1,940 | 1,946 | |
Saginaw Hosp. Fin. Auth. Hosp. Rev. Series 2020 J: | |||
5% 7/1/28 | 565 | 605 | |
5% 7/1/29 | 1,000 | 1,087 | |
5% 7/1/30 | 425 | 468 | |
5% 7/1/31 | 495 | 542 | |
5% 7/1/32 | 545 | 597 | |
5% 7/1/33 | 595 | 651 | |
5% 7/1/34 | 385 | 422 | |
5% 7/1/35 | 400 | 437 | |
Univ. of Michigan Rev. Series 2022 D, 5% 4/1/33 | 1,440 | 1,726 | |
Utica Cmnty. Schools Series 2019: | |||
5% 5/1/30 | 1,650 | 1,866 | |
5% 5/1/31 | 1,400 | 1,581 | |
5% 5/1/32 | 2,300 | 2,599 | |
5% 5/1/33 | 1,875 | 2,115 | |
5% 5/1/34 | 2,450 | 2,762 | |
Warren Consolidated School District Series 2016: | |||
5% 5/1/30 | 4,415 | 4,626 | |
5% 5/1/31 | 4,660 | 4,866 | |
5% 5/1/32 | 4,955 | 5,182 | |
Wayne County Arpt. Auth. Rev.: | |||
Series 2017 A: | |||
5% 12/1/29 | 245 | 264 | |
5% 12/1/30 | 380 | 410 | |
5% 12/1/31 | 390 | 420 | |
5% 12/1/36 | 535 | 572 | |
Series 2017 B: | |||
5% 12/1/29 (c) | 685 | 728 | |
5% 12/1/30 (c) | 485 | 515 | |
5% 12/1/31 (c) | 525 | 557 | |
5% 12/1/33 (c) | 375 | 397 | |
5% 12/1/36 (c) | 810 | 848 | |
Series 2017 C: | |||
5% 12/1/24 | 2,305 | 2,347 | |
5% 12/1/25 | 2,150 | 2,239 | |
5% 12/1/26 | 1,455 | 1,557 | |
5% 12/1/27 | 1,460 | 1,595 | |
TOTAL MICHIGAN | 331,067 | ||
Minnesota - 0.7% | |||
Maple Grove Health Care Sys. Rev. Series 2015, 5% 9/1/26 | 1,940 | 1,990 | |
Minneapolis & Saint Paul Metropolitan Arpts. Commission Arpt. Rev. Series 2022 B: | |||
5% 1/1/32 (c) | 780 | 874 | |
5% 1/1/33 (c) | 1,165 | 1,308 | |
5% 1/1/34 (c) | 1,135 | 1,278 | |
5% 1/1/35 (c) | 705 | 792 | |
5% 1/1/36 (c) | 565 | 631 | |
Minneapolis Health Care Sys. Rev. Bonds Series 2023 A, 5%, tender 11/15/28 (b) | 3,945 | 4,282 | |
Minnesota Gen. Oblig.: | |||
Series 2021 B, 4% 9/1/32 | 4,475 | 4,902 | |
Series 2022 B, 4% 8/1/36 | 11,000 | 11,887 | |
Minnesota Hsg. Fin. Agcy.: | |||
Series 2021 D, 3% 1/1/52 | 7,330 | 7,117 | |
Series 2021, 3% 7/1/51 | 1,985 | 1,933 | |
Series 2022 A: | |||
5% 8/1/33 | 1,875 | 2,199 | |
5% 8/1/34 | 1,500 | 1,777 | |
5% 8/1/35 | 1,210 | 1,429 | |
5% 8/1/36 | 2,320 | 2,726 | |
Series 2022 B, 5% 8/1/32 | 2,120 | 2,476 | |
Series 2022 C: | |||
5% 8/1/33 | 1,780 | 2,087 | |
5% 8/1/34 | 2,685 | 3,181 | |
5% 8/1/35 | 2,820 | 3,331 | |
Series 2023 E, 6.25% 7/1/54 | 2,250 | 2,491 | |
Minnesota Pub. Facilities Auth. Rev. Series 2016 B, 4% 3/1/26 | 1,095 | 1,131 | |
Mounds View Independent School District #621 (Minnesota School District Cr. Enhancement Prog.) Series 2018 A: | |||
3.45% 2/1/37 | 4,795 | 4,797 | |
3.55% 2/1/38 | 5,005 | 4,952 | |
Saint Paul Hsg. & Redev. Auth. Hosp. Rev. (HealthEast Care Sys. Proj.) Series 2015 A, 5% 11/15/40 (Pre-Refunded to 11/15/25 @ 100) | 1,410 | 1,455 | |
Shakopee Sr. Hsg. Rev. Bonds Series 2018, 5.85%, tender 11/1/25 (b)(d) | 6,850 | 6,646 | |
West Saint Paul Independent School District #197 (Minnesota School District Cr. Enhancement Prog.) Series 2018 A: | |||
3.6% 2/1/37 | 3,495 | 3,512 | |
3.65% 2/1/38 | 3,665 | 3,642 | |
Western Minnesota Muni. Pwr. Agcy. Pwr. Supply Rev. Series 2014 A, 5% 1/1/24 | 20 | 20 | |
TOTAL MINNESOTA | 84,846 | ||
Mississippi - 0.4% | |||
Mississippi Bus. finance Corp. Exempt Facilities Rev. Bonds (Enviva, Inc. Proj.) Series 2022, 7.75%, tender 7/15/32 (b)(c) | 10,750 | 6,735 | |
Mississippi Dev. Bank Spl. Oblig. (Magnolia Reg'l. Health Ctr. Proj.) Series 2021: | |||
4% 10/1/36 (d) | 850 | 805 | |
4% 10/1/41 (d) | 1,360 | 1,183 | |
5% 10/1/29 (d) | 2,000 | 2,103 | |
5% 10/1/30 (d) | 2,800 | 2,960 | |
5% 10/1/32 (d) | 3,070 | 3,238 | |
Mississippi Gen. Oblig. Series 2017 A, 5% 10/1/30 | 5,340 | 5,798 | |
Mississippi Hosp. Equip. & Facilities Auth.: | |||
(Forrest County Gen. Hosp. Rfdg. Proj.): | |||
Series 2019 A: | |||
5% 1/1/30 | 500 | 545 | |
5% 1/1/31 | 1,500 | 1,636 | |
5% 1/1/32 | 1,750 | 1,905 | |
5% 1/1/34 | 1,065 | 1,161 | |
5% 1/1/35 | 2,000 | 2,178 | |
Series 2019 B: | |||
5% 1/1/25 | 500 | 508 | |
5% 1/1/26 | 700 | 723 | |
5% 1/1/27 | 1,245 | 1,307 | |
5% 1/1/28 | 500 | 533 | |
5% 1/1/29 | 510 | 551 | |
5% 1/1/30 | 595 | 648 | |
Bonds Series II, 5%, tender 3/1/27 (b) | 3,025 | 3,181 | |
Series IV: | |||
5% 10/1/34 | 1,435 | 1,564 | |
5% 10/1/38 | 1,675 | 1,769 | |
5% 10/1/39 | 1,000 | 1,052 | |
TOTAL MISSISSIPPI | 42,083 | ||
Missouri - 0.6% | |||
Cape Girardeau County Indl. Dev. Auth.: | |||
(Southeast Hosp. Proj.) Series 2017 A, 5% 3/1/36 | 2,375 | 2,492 | |
Series 2017 A, 5% 3/1/27 | 970 | 1,036 | |
Kansas City Indl. Dev. Auth.: | |||
(Kansas City Int'l. Arpt. Term. Modernization Proj.) Series 2020 A, 4% 3/1/40 (c) | 9,950 | 9,905 | |
Series 2020 A, 5% 3/1/33 (c) | 1,600 | 1,723 | |
Kansas City San. Swr. Sys. Rev. Series 2018 B: | |||
5% 1/1/24 | 660 | 660 | |
5% 1/1/29 | 550 | 606 | |
5% 1/1/31 | 415 | 456 | |
5% 1/1/34 | 380 | 418 | |
Missouri Health & Edl. Facilities Rev.: | |||
Series 2015 B: | |||
4% 2/1/40 | 680 | 681 | |
5% 2/1/30 | 2,395 | 2,457 | |
5% 2/1/32 | 2,645 | 2,710 | |
5% 2/1/36 | 2,145 | 2,195 | |
5% 2/1/45 | 3,395 | 3,439 | |
Series 2016: | |||
5% 5/15/29 | 970 | 1,012 | |
5% 5/15/30 | 970 | 1,009 | |
5% 5/15/31 | 970 | 1,009 | |
5% 5/15/36 | 2,915 | 3,018 | |
Series 2021: | |||
4% 2/15/34 | 400 | 397 | |
5% 2/15/30 | 670 | 710 | |
5% 2/15/31 | 705 | 752 | |
Series 2022 A: | |||
5% 6/1/32 | 2,150 | 2,462 | |
5% 6/1/33 | 1,850 | 2,112 | |
Missouri Hsg. Dev. Commission Single Family Mtg. Rev.: | |||
(First Place Homeownership Ln. Prog.): | |||
Series 2021 C, 3.25% 11/1/52 | 2,535 | 2,475 | |
Series 2023 E, 6.5% 5/1/54 | 5,620 | 6,421 | |
Series 2019, 4% 5/1/50 | 705 | 705 | |
Saint Louis Arpt. Rev. Series 2019 C, 5% 7/1/30 | 3,660 | 4,117 | |
Saint Louis County Indl. Dev. Auth. Sr. Living Facilities Rev.: | |||
Series 2017, 5% 9/1/48 | 4,560 | 3,977 | |
Series 2018 A, 5.125% 9/1/48 | 2,210 | 1,963 | |
St Charles County Francis Howell R-III School District Gen. Oblig. Series 2022: | |||
5% 3/1/34 | 950 | 1,103 | |
5% 3/1/35 | 1,250 | 1,450 | |
5% 3/1/36 | 1,250 | 1,441 | |
5% 3/1/37 | 1,350 | 1,547 | |
5% 3/1/38 | 2,000 | 2,261 | |
5% 3/1/39 | 2,740 | 3,084 | |
TOTAL MISSOURI | 71,803 | ||
Montana - 0.2% | |||
Gallatin County Indl. Dev. Rev. (Bozeman Fiber Proj.) Series 2021 A: | |||
4% 10/15/32 (d) | 1,160 | 1,095 | |
4% 10/15/36 (d) | 3,065 | 2,792 | |
4% 10/15/41 (d) | 4,910 | 4,122 | |
4% 10/15/46 (d) | 3,195 | 2,513 | |
4% 10/15/51 (d) | 2,625 | 1,975 | |
Montana Board Hsg. Single Family: | |||
Series 2017 A, 4% 12/1/47 (c) | 300 | 299 | |
Series 2019 B, 4% 6/1/50 | 445 | 446 | |
Montana Facility Fin. Auth. Series 2018 B, 5% 7/1/31 | 1,170 | 1,236 | |
Montana Facility Fin. Auth. Rev. Series 2016: | |||
5% 2/15/24 | 2,080 | 2,083 | |
5% 2/15/25 | 1,940 | 1,972 | |
5% 2/15/26 | 3,105 | 3,207 | |
TOTAL MONTANA | 21,740 | ||
Nebraska - 0.6% | |||
Central Plains Energy Proj. Rev. Bonds: | |||
(Proj. No. 4) Series 2023 A1, 5%, tender 11/1/29 (b) | 7,425 | 7,871 | |
Series 2019, 4%, tender 8/1/25 (b) | 15,350 | 15,434 | |
Lincoln Arpt. Auth. Series 2021, 4% 7/1/36 (c) | 1,000 | 1,031 | |
Nebraska Invt. Fin. Auth. Single Family Hsg. Rev.: | |||
Series 2019 B, 4% 9/1/49 (c) | 1,955 | 1,944 | |
Series 2019 E, 3.75% 9/1/49 (c) | 2,145 | 2,124 | |
Series 2020 A, 3.5% 9/1/50 | 2,190 | 2,165 | |
Series 2022 B: | |||
5% 3/1/27 (c) | 1,165 | 1,225 | |
5% 9/1/27 (c) | 1,185 | 1,257 | |
5% 3/1/28 (c) | 1,205 | 1,287 | |
5% 9/1/28 (c) | 650 | 701 | |
5% 9/1/29 (c) | 1,270 | 1,377 | |
Series A, 3% 9/1/45 | 5,000 | 4,851 | |
Nebraska Pub. Pwr. District Rev.: | |||
Series 2016 B: | |||
5% 1/1/31 | 3,885 | 4,027 | |
5% 1/1/34 | 4,235 | 4,378 | |
5% 1/1/36 | 5,135 | 5,296 | |
Series 2021 C: | |||
5% 1/1/24 | 4,045 | 4,045 | |
5% 1/1/26 | 1,000 | 1,044 | |
Series 2021 D, 5% 1/1/25 | 600 | 612 | |
Omaha Pub. Pwr. District Elec. Rev.: | |||
Series 2022 A: | |||
5% 2/1/35 | 575 | 679 | |
5% 2/1/36 | 640 | 754 | |
Series 2022 B: | |||
5% 2/1/34 | 1,550 | 1,840 | |
5% 2/1/35 | 450 | 532 | |
TOTAL NEBRASKA | 64,474 | ||
Nevada - 0.7% | |||
Carson City Hosp. Rev. (Carson Tahoe Hosp. Proj.) Series 2017: | |||
5% 9/1/24 | 730 | 737 | |
5% 9/1/28 | 445 | 465 | |
5% 9/1/30 | 730 | 760 | |
5% 9/1/32 | 725 | 753 | |
5% 9/1/34 | 740 | 767 | |
Clark County Arpt. Rev.: | |||
Series 2014 A2, 5% 7/1/28 | 1,440 | 1,452 | |
Series 2019 A, 5% 7/1/26 | 2,965 | 3,138 | |
Series 2019 D, 5% 7/1/24 | 4,195 | 4,236 | |
Clark County Fuel Tax Series 2017, 3% 11/1/35 | 3,325 | 3,230 | |
Clark County School District: | |||
Series 2017 A: | |||
5% 6/15/25 | 5,770 | 5,938 | |
5% 6/15/26 | 5,000 | 5,268 | |
Series 2018 A: | |||
5% 6/15/33 | 3,400 | 3,711 | |
5% 6/15/34 | 6,330 | 6,917 | |
Series 2018 B: | |||
5% 6/15/34 | 4,195 | 4,629 | |
5% 6/15/35 | 8,000 | 8,762 | |
Series 2020 A, 5% 6/15/33 (Assured Guaranty Muni. Corp. Insured) | 1,090 | 1,240 | |
Las Vegas Valley Wtr. District Wtr. Impt. Gen. Oblig. Series 2016 A: | |||
5% 6/1/32 | 2,815 | 2,960 | |
5% 6/1/33 | 4,855 | 5,098 | |
5% 6/1/34 | 5,145 | 5,392 | |
Nevada Dept. of Bus. & Industry Bonds Series 2023 A, 3.7%, tender 1/31/24 (b)(c)(d) | 5,300 | 5,294 | |
Nevada Hsg. Division Single Family Mtg. Rev. Series 2019 B, 4% 10/1/49 | 1,165 | 1,166 | |
Tahoe-Douglas Visitors Auth. Series 2020: | |||
5% 7/1/28 | 1,500 | 1,571 | |
5% 7/1/31 | 2,395 | 2,540 | |
5% 7/1/35 | 1,825 | 1,924 | |
5% 7/1/40 | 1,000 | 1,027 | |
TOTAL NEVADA | 78,975 | ||
New Hampshire - 0.9% | |||
Nat'l. Fin. Auth. Hosp. Rev. (St. Luke's Univ. Health Network Proj.): | |||
Series 2012 B, 4% 8/15/37 | 900 | 905 | |
Series 2021 B: | |||
4% 8/15/36 | 730 | 740 | |
4% 8/15/38 | 1,000 | 997 | |
4% 8/15/40 | 1,050 | 1,022 | |
4% 8/15/41 | 1,000 | 967 | |
5% 8/15/27 | 505 | 536 | |
5% 8/15/34 | 905 | 1,021 | |
5% 8/15/35 | 680 | 764 | |
Nat'l. Fin. Auth. Solid Bonds (Waste Mgmt., Inc. Proj.): | |||
Series 2019 A1, 2.15%, tender 7/1/24 (b)(c) | 2,400 | 2,381 | |
Series 2019 A2, 2.15%, tender 7/1/24 (b)(c) | 2,955 | 2,927 | |
Series 2019 A3, 2.15%, tender 7/1/24 (b)(c) | 7,545 | 7,474 | |
Nat'l. Finnance Auth.: | |||
Series 2020 1, 4.125% 1/20/34 | 9,319 | 9,214 | |
Series 2022 1, 4.375% 9/20/36 | 7,112 | 7,183 | |
Series 2023 2A, 3.875% 1/20/38 | 26,151 | 25,318 | |
New Hampshire Health & Ed. Facilities Auth.: | |||
(Dartmouth-Hitchcock Oblgtd Grp Proj.) Series 2018 A, 5% 8/1/30 | 1,190 | 1,272 | |
(Partners Healthcare Sys., Inc. Proj.) Series 2017: | |||
5% 7/1/24 | 1,335 | 1,348 | |
5% 7/1/30 | 2,360 | 2,564 | |
Series 2017: | |||
5% 7/1/36 | 2,105 | 2,162 | |
5% 7/1/44 | 1,830 | 1,788 | |
Series 2023 B: | |||
5.5% 11/1/28 (c) | 1,000 | 1,094 | |
5.5% 11/1/29 (c) | 1,025 | 1,138 | |
5.5% 11/1/31 (c) | 1,050 | 1,187 | |
5.5% 11/1/32 (c) | 1,000 | 1,139 | |
5.5% 11/1/33 (c) | 1,025 | 1,173 | |
New Hampshire Health & Ed. Facilities Auth. Rev.: | |||
Series 2012, 5% 7/1/26 | 1,245 | 1,246 | |
Series 2016: | |||
4% 10/1/38 | 800 | 785 | |
5% 10/1/26 | 4,560 | 4,765 | |
5% 10/1/27 | 4,860 | 5,062 | |
5% 10/1/28 | 1,940 | 2,016 | |
5% 10/1/30 | 7,070 | 7,312 | |
New Hampshire Nat'l. Fin. Auth. Series 2022 2, 4% 10/20/36 | 10,563 | 10,371 | |
TOTAL NEW HAMPSHIRE | 107,871 | ||
New Jersey - 4.6% | |||
Bayonne Gen. Oblig. Series 2016: | |||
5% 7/1/31 (Pre-Refunded to 7/1/26 @ 100) | 1,430 | 1,512 | |
5% 7/1/32 (Pre-Refunded to 7/1/26 @ 100) | 970 | 1,026 | |
5% 7/1/33 (Pre-Refunded to 7/1/26 @ 100) | 970 | 1,026 | |
Camden County Impt. Auth. Health Care Redev. Rev. Series 2014 A: | |||
5% 2/15/24 | 1,940 | 1,942 | |
5% 2/15/25 (Pre-Refunded to 2/15/24 @ 100) | 970 | 972 | |
5% 2/15/29 (Pre-Refunded to 2/15/24 @ 100) | 1,350 | 1,353 | |
Cherry Hill Township School District Series 2022: | |||
4% 8/1/37 | 4,500 | 4,689 | |
4% 8/1/38 | 3,500 | 3,618 | |
4% 8/1/39 | 13,815 | 14,202 | |
4% 8/1/42 | 5,500 | 5,602 | |
Clearview Reg'l. High School District Series 2022: | |||
4% 8/1/37 | 3,200 | 3,314 | |
4% 8/1/38 | 3,015 | 3,112 | |
4% 8/1/39 | 3,490 | 3,589 | |
Mercer County Gen. Oblig. Series 2021, 2% 2/15/32 | 2,940 | 2,656 | |
New Jersey Econ. Dev. Auth.: | |||
(White Horse HMT Urban Renewal LLC Proj.) Series 2020, 5% 1/1/40 (d) | 1,535 | 1,074 | |
Series 2022 A: | |||
5% 11/1/31 | 2,200 | 2,559 | |
5% 11/1/32 | 1,390 | 1,638 | |
5% 11/1/34 | 2,040 | 2,377 | |
5% 11/1/35 | 2,085 | 2,413 | |
Series 2024 SSS: | |||
5% 6/15/33 (f) | 3,225 | 3,738 | |
5% 6/15/35 (f) | 3,000 | 3,499 | |
5.25% 6/15/37 (f) | 1,430 | 1,688 | |
Series A: | |||
5% 11/1/34 | 5,150 | 5,721 | |
5% 11/1/35 | 8,205 | 9,062 | |
5% 11/1/36 | 5,010 | 5,501 | |
New Jersey Econ. Dev. Auth. Rev.: | |||
(Black Horse EHT Urban Renewal LLC Proj.) Series 2019 A, 5% 10/1/39 (d) | 1,435 | 946 | |
(Provident Montclair Proj.) Series 2017: | |||
5% 6/1/25 (Assured Guaranty Muni. Corp. Insured) | 975 | 1,000 | |
5% 6/1/27 (Assured Guaranty Muni. Corp. Insured) | 1,360 | 1,459 | |
5% 6/1/28 (Assured Guaranty Muni. Corp. Insured) | 1,940 | 2,063 | |
5% 6/1/29 (Assured Guaranty Muni. Corp. Insured) | 1,455 | 1,549 | |
Series 2015 XX, 5% 6/15/26 (Pre-Refunded to 6/15/25 @ 100) | 19,420 | 20,032 | |
Series 2018 EEE, 5% 6/15/30 | 2,170 | 2,390 | |
Series 2019: | |||
5.25% 9/1/25 (d) | 3,395 | 3,529 | |
5.25% 9/1/26 (d) | 3,200 | 3,405 | |
New Jersey Edl. Facility Series 2016 A, 5% 7/1/29 | 1,820 | 1,890 | |
New Jersey Envir. Infrastructure Trust: | |||
Series 2016 A R1, 5% 9/1/25 | 2,065 | 2,145 | |
Series 2016 A R2, 5% 9/1/25 | 3,010 | 3,127 | |
New Jersey Gen. Oblig.: | |||
Series 2020 A: | |||
4% 6/1/30 | 13,105 | 14,175 | |
4% 6/1/31 | 2,185 | 2,384 | |
4% 6/1/32 | 1,470 | 1,617 | |
5% 6/1/25 | 8,080 | 8,337 | |
5% 6/1/26 | 10,480 | 11,064 | |
5% 6/1/29 | 6,530 | 7,369 | |
Series 2021, 2% 6/1/36 | 4,395 | 3,610 | |
New Jersey Health Care Facilities Fing. Auth. Rev.: | |||
Bonds: | |||
Series 2019 B1, 5%, tender 7/1/24 (b) | 8,215 | 8,289 | |
Series 2019 B2, 5%, tender 7/1/25 (b) | 10,070 | 10,355 | |
Series 2016 A: | |||
5% 7/1/24 (Escrowed to Maturity) | 790 | 797 | |
5% 7/1/28 | 440 | 465 | |
5% 7/1/28 (Pre-Refunded to 7/1/26 @ 100) | 1,185 | 1,251 | |
5% 7/1/33 | 1,465 | 1,541 | |
Series 2016, 5% 7/1/41 | 3,665 | 3,708 | |
New Jersey Higher Ed. Student Assistance Auth. Student Ln. Rev.: | |||
Series 2017 1A, 5% 12/1/24 (c) | 3,420 | 3,461 | |
Series 2019 A: | |||
5% 12/1/24 | 1,045 | 1,063 | |
5% 12/1/25 | 1,925 | 1,999 | |
Series 2020: | |||
5% 12/1/24 (c) | 1,925 | 1,948 | |
5% 12/1/24 (c) | 1,000 | 1,012 | |
5% 12/1/25 (c) | 2,675 | 2,750 | |
5% 12/1/25 (c) | 3,900 | 4,009 | |
5% 12/1/26 (c) | 3,100 | 3,226 | |
5% 12/1/28 (c) | 1,225 | 1,312 | |
Series 2022 A: | |||
5% 12/1/27 (c) | 1,275 | 1,346 | |
5% 12/1/28 (c) | 1,400 | 1,499 | |
5% 12/1/29 (c) | 1,400 | 1,515 | |
5% 12/1/30 (c) | 750 | 811 | |
Series 2022 B: | |||
5% 12/1/27 (c) | 3,735 | 3,944 | |
5% 12/1/28 (c) | 6,850 | 7,334 | |
5% 12/1/29 (c) | 4,475 | 4,842 | |
Series 2023 A: | |||
5% 12/1/27 (c) | 1,350 | 1,426 | |
5% 12/1/28 (c) | 1,325 | 1,419 | |
5% 12/1/29 (c) | 2,000 | 2,164 | |
Series 2023 B: | |||
5% 12/1/27 (c) | 5,000 | 5,280 | |
5% 12/1/28 (c) | 5,500 | 5,889 | |
5% 12/1/29 (c) | 5,500 | 5,951 | |
New Jersey Tobacco Settlement Fing. Corp. Series 2018 B, 5% 6/1/46 | 10,090 | 10,241 | |
New Jersey Tpk. Auth. Tpk. Rev. Series D, 5% 1/1/28 | 4,740 | 5,000 | |
New Jersey Trans. Trust Fund Auth.: | |||
(Trans. Prog.) Series 2019 AA: | |||
5% 6/15/30 | 3,500 | 3,873 | |
5% 6/15/31 | 2,250 | 2,487 | |
5% 6/15/32 | 5,660 | 6,246 | |
Series 2006 C: | |||
0% 12/15/29 (Assured Guaranty Muni. Corp. Insured) | 5,005 | 4,184 | |
0% 12/15/30 (FGIC Insured) | 10,960 | 8,805 | |
0% 12/15/31 (FGIC Insured) | 5,200 | 4,034 | |
0% 12/15/34 | 13,220 | 9,352 | |
Series 2010 A: | |||
0% 12/15/27 | 13,270 | 11,714 | |
0% 12/15/28 | 3,025 | 2,594 | |
0% 12/15/30 | 1,000 | 801 | |
Series 2014 AA: | |||
5% 6/15/25 | 12,140 | 12,254 | |
5% 6/15/26 | 7,285 | 7,330 | |
Series 2016 A, 5% 6/15/27 | 14,620 | 15,352 | |
Series 2018 A: | |||
5% 12/15/32 | 1,600 | 1,764 | |
5% 12/15/33 | 6,395 | 7,029 | |
5% 12/15/34 | 8,095 | 8,862 | |
Series 2019 BB, 4% 6/15/36 | 1,000 | 1,031 | |
Series 2021 A: | |||
4% 6/15/34 | 2,510 | 2,654 | |
4% 6/15/36 | 2,500 | 2,611 | |
4% 6/15/38 | 5,000 | 5,156 | |
Series 2022 A, 4% 6/15/39 | 14,370 | 14,718 | |
Series 2022 AA: | |||
5% 6/15/30 | 2,770 | 3,165 | |
5% 6/15/31 | 7,210 | 8,367 | |
5% 6/15/32 | 5,145 | 6,055 | |
5% 6/15/33 | 13,115 | 15,387 | |
5% 6/15/35 | 13,670 | 15,835 | |
Series 2022 CC: | |||
5% 6/15/33 | 1,555 | 1,837 | |
5% 6/15/35 | 2,000 | 2,333 | |
5% 6/15/37 | 1,030 | 1,186 | |
5.25% 6/15/32 | 1,450 | 1,734 | |
5.25% 6/15/36 | 1,450 | 1,708 | |
Series A: | |||
5% 12/15/25 | 4,380 | 4,567 | |
5% 12/15/26 | 6,900 | 7,357 | |
5% 12/15/27 | 12,250 | 13,359 | |
5% 12/15/28 | 4,270 | 4,754 | |
5% 6/15/30 | 1,125 | 1,182 | |
5% 12/15/30 | 885 | 999 | |
5% 12/15/31 | 4,720 | 5,319 | |
5% 12/15/33 | 1,575 | 1,765 | |
Series AA: | |||
4% 6/15/36 | 1,550 | 1,615 | |
4% 6/15/37 | 2,150 | 2,227 | |
4% 6/15/39 | 1,960 | 2,000 | |
5% 6/15/35 | 2,010 | 2,277 | |
5% 6/15/36 | 2,270 | 2,558 | |
5% 6/15/38 | 1,930 | 2,149 | |
TOTAL NEW JERSEY | 528,407 | ||
New Mexico - 0.1% | |||
New Mexico Hosp. Equip. Ln. Council Rev. Bonds Series 2019 B, 5%, tender 8/1/25 (b) | 8,245 | 8,468 | |
New Mexico Mtg. Fin. Auth. Series 2019 D, 3.75% 1/1/50 | 1,825 | 1,814 | |
TOTAL NEW MEXICO | 10,282 | ||
New York - 7.0% | |||
Dorm. Auth. New York Univ. Rev. Series 2016 A, 5% 7/1/25 | 2,430 | 2,493 | |
East Hampton Union Free School District Series 2017, 2.25% 6/1/28 | 2,075 | 1,974 | |
Hudson Yards Infrastructure Corp. New York Rev. Series 2017 A: | |||
5% 2/15/32 | 3,885 | 4,150 | |
5% 2/15/35 | 7,285 | 7,749 | |
Long Island Pwr. Auth. Elec. Sys. Rev.: | |||
Bonds: | |||
Series 2019 B, 1.65%, tender 9/1/24 (b) | 17,685 | 17,462 | |
Series 2021 B, 1.5%, tender 9/1/26 (b) | 9,325 | 8,810 | |
Series 2021, 1% 9/1/25 | 28,250 | 26,867 | |
Series 2022 A: | |||
5% 9/1/35 | 800 | 959 | |
5% 9/1/36 | 1,000 | 1,188 | |
Monroe County Indl. Dev. Corp.: | |||
(St. Ann's Cmnty. Proj.) Series 2019, 4% 1/1/30 | 1,635 | 1,499 | |
(St. Anns Cmnty. Proj.) Series 2019, 5% 1/1/40 | 2,145 | 1,878 | |
MTA Hudson Rail Yards Trust Oblig. Series 2016 A: | |||
5% 11/15/51 | 12,380 | 12,380 | |
5% 11/15/56 | 11,925 | 11,925 | |
New York City Gen. Oblig.: | |||
Series 2015 C, 5% 8/1/27 | 2,965 | 3,032 | |
Series 2019 B1, 4% 10/1/35 | 2,395 | 2,546 | |
Series 2021 A1, 5% 8/1/33 | 2,000 | 2,312 | |
Series 2021 B1, 5% 11/1/32 | 5,800 | 6,745 | |
Series 2021 F1, 5% 3/1/42 | 5,410 | 6,020 | |
Series 2021, 4% 8/1/40 | 8,210 | 8,444 | |
Series 2022 B, 5% 10/1/31 | 1,500 | 1,777 | |
Series 2022 B1: | |||
5% 8/1/33 | 2,350 | 2,818 | |
5% 8/1/34 | 1,750 | 2,093 | |
5% 8/1/35 | 2,250 | 2,678 | |
5% 8/1/36 | 1,570 | 1,855 | |
Series 2022 C, 5% 8/1/33 | 1,800 | 2,158 | |
Series 2022 D1, 5% 5/1/35 | 1,540 | 1,828 | |
Series 2023 B1, 5% 10/1/33 | 1,000 | 1,202 | |
Series C: | |||
5% 8/1/29 | 6,945 | 7,909 | |
5% 8/1/33 | 2,500 | 2,890 | |
5% 8/1/34 | 3,310 | 3,819 | |
New York City Health & Hosp. Corp. Rev. Series A, 5% 2/15/25 | 3,640 | 3,730 | |
New York City Hsg. Dev. Corp. Bonds Series 2023 E2, 3.8%, tender 1/3/28 (b) | 2,890 | 2,908 | |
New York City Hsg. Dev. Corp. Multifamily Hsg. Bonds: | |||
Series 2021 C2, 0.7%, tender 7/1/25 (b) | 6,175 | 5,857 | |
Series 2021, 0.6%, tender 7/1/25 (b) | 7,970 | 7,548 | |
Series 2023 A2, 3.73%, tender 12/29/28 (b) | 18,545 | 18,630 | |
Series 2023 D, 4.3%, tender 11/1/28 (b) | 9,820 | 10,074 | |
New York City Transitional Fin. Auth. Bldg. Aid Rev.: | |||
Series 2018 S3, 5% 7/15/37 | 2,000 | 2,179 | |
Series 2021 1A, 5% 7/15/32 | 1,000 | 1,172 | |
Series 2023 A, 5% 7/15/34 | 2,840 | 3,404 | |
New York City Transitional Fin. Auth. Rev.: | |||
Series 2018 C2, 5% 5/1/32 | 9,175 | 10,081 | |
Series 2019 A, 5% 8/1/35 | 7,520 | 8,267 | |
Series 2019 B1: | |||
5% 8/1/34 | 3,300 | 3,635 | |
5% 8/1/35 | 8,400 | 9,235 | |
5% 8/1/36 | 6,555 | 7,179 | |
Series 2020 C1, 4% 5/1/36 | 1,075 | 1,149 | |
Series 2021 F1, 5% 11/1/25 | 16,245 | 16,940 | |
Series 2022 D, 5% 11/1/31 | 5,450 | 6,478 | |
Series 2022 D1, 5% 11/1/34 | 5,910 | 7,077 | |
Series 2022 F1, 5% 2/1/36 | 1,000 | 1,182 | |
Series 2023 E1: | |||
5% 11/1/37 | 10,335 | 12,249 | |
5% 11/1/39 | 38,230 | 44,587 | |
5% 11/1/40 | 9,325 | 10,809 | |
Series C: | |||
4% 5/1/35 | 3,000 | 3,236 | |
4% 5/1/36 | 8,615 | 9,207 | |
New York Convention Ctr. Dev. Corp. Rev. Series 2015: | |||
5% 11/15/27 | 1,330 | 1,363 | |
5% 11/15/40 | 3,915 | 3,979 | |
New York Dorm. Auth. Rev.: | |||
Bonds: | |||
Series 2019 B2, 5%, tender 5/1/24 (b) | 3,675 | 3,679 | |
Series 2019 B3, 5%, tender 5/1/26 (b) | 4,055 | 4,179 | |
Series 2022 A, 5% 7/15/37 | 1,840 | 1,966 | |
Series 2022: | |||
5% 7/1/32 | 1,810 | 1,978 | |
5% 7/1/33 | 900 | 981 | |
5% 7/1/34 | 255 | 277 | |
New York Dorm. Auth. Sales Tax Rev. Series 2018 C, 5% 3/15/32 | 13,810 | 15,182 | |
New York Metropolitan Trans. Auth. Dedicated Tax Fund Rev. Series 2022 A, 5% 11/15/34 | 735 | 865 | |
New York Metropolitan Trans. Auth. Rev.: | |||
Series 2015 C, 5% 11/15/30 | 1,000 | 1,027 | |
Series 2015 D1, 5% 11/15/33 | 4,015 | 4,122 | |
Series 2017 A1, 5% 11/15/31 | 2,000 | 2,120 | |
Series 2017 C-2, 0% 11/15/33 | 9,795 | 7,091 | |
Series 2017 C1: | |||
4% 11/15/35 | 1,770 | 1,797 | |
5% 11/15/26 | 5,975 | 6,325 | |
5% 11/15/27 | 4,435 | 4,782 | |
5% 11/15/30 | 4,315 | 4,679 | |
5% 11/15/33 | 6,955 | 7,521 | |
Series 2017 D: | |||
5% 11/15/30 | 1,900 | 2,060 | |
5% 11/15/33 | 6,725 | 7,272 | |
Series 2020 D, 5% 11/15/43 | 2,500 | 2,660 | |
New York State Dorm. Auth.: | |||
Series 2019 D, 4% 2/15/36 | 10,000 | 10,674 | |
Series 2020 A, 4% 3/15/34 | 3,055 | 3,315 | |
Series 2021 E, 5% 3/15/36 | 11,725 | 13,745 | |
Series 2022 A: | |||
5% 3/15/33 | 3,825 | 4,576 | |
5% 3/15/36 | 9,140 | 10,715 | |
5% 3/15/41 | 2,640 | 2,973 | |
New York State Hsg. Fin. Agcy. Rev.: | |||
Bonds: | |||
Series 2021 D2, 0.65%, tender 11/1/25 (b) | 2,750 | 2,578 | |
Series 2021 E2, 0.65%, tender 11/1/25 (b) | 5,000 | 4,674 | |
Series 2021 J2, 1.1%, tender 5/1/27 (b) | 18,855 | 17,208 | |
Series 2021 K2, 1%, tender 11/1/26 (b) | 5,120 | 4,771 | |
Series 2022 B2, 2.5%, tender 5/1/27 (b) | 25,300 | 24,334 | |
Series 2023 C2, 3.8%, tender 5/1/29 (b) | 1,670 | 1,676 | |
Series 2023 E2, 3.875%, tender 5/1/28 (b) | 3,095 | 3,111 | |
Series 2021 A, 0.75% 11/1/25 | 3,920 | 3,665 | |
Series 2021 B, 0.55% 11/1/24 | 4,735 | 4,621 | |
New York State Mtg. Agcy. Homeowner Mtg. Series 221, 3.5% 10/1/32 (c) | 885 | 871 | |
New York State Urban Dev. Corp. Series 2020 C: | |||
4% 3/15/37 | 5,500 | 5,765 | |
5% 3/15/36 | 7,610 | 8,757 | |
New York Thruway Auth. Personal Income Tax Rev. Series 2022 A, 5% 3/15/34 | 7,250 | 8,728 | |
New York Trans. Dev. Corp.: | |||
(Delta Air Lines, Inc. - Laguardia Arpt. Terminals C&D Redev. Proj.) Series 2023, 6% 4/1/35 (c) | 25,350 | 28,240 | |
(Delta Air Lines, Inc. - LaGuardia Arpt. Termindals C&D Redev. Proj.) Series 2020, 4% 10/1/30 (c) | 8,000 | 7,854 | |
(Delta Air Lines, Inc. LaGuardia Arpt. Terminals C&D Redev. Proj.): | |||
Series 2018, 5% 1/1/34 (c) | 2,500 | 2,545 | |
Series 2020, 5% 10/1/35 (c) | 11,390 | 11,829 | |
(Laguardia Arpt. Term. Redev. Proj.) Series 2016 A, 5% 7/1/41 (c) | 8,155 | 8,163 | |
(Term. 4 JFK Int'l. Arpt. Proj.): | |||
Series 2020 A: | |||
5% 12/1/28 (c) | 1,220 | 1,313 | |
5% 12/1/33 (c) | 1,800 | 1,970 | |
Series 2020 C: | |||
4% 12/1/39 | 1,350 | 1,366 | |
4% 12/1/40 | 1,500 | 1,505 | |
4% 12/1/41 | 1,450 | 1,451 | |
4% 12/1/42 | 1,400 | 1,399 | |
5% 12/1/28 | 950 | 1,039 | |
5% 12/1/29 | 950 | 1,049 | |
5% 12/1/30 | 750 | 835 | |
5% 12/1/31 | 950 | 1,053 | |
5% 12/1/32 | 1,125 | 1,243 | |
5% 12/1/33 | 2,640 | 2,906 | |
5% 12/1/34 | 1,600 | 1,758 | |
5% 12/1/35 | 1,500 | 1,640 | |
5% 12/1/36 | 1,700 | 1,846 | |
5% 12/1/37 | 1,755 | 1,891 | |
5% 12/1/38 | 1,500 | 1,611 | |
(Term. 4 John F. Kennedy Int'l. Arpt. Proj.): | |||
Series 2020 A, 5% 12/1/30 (c) | 1,900 | 2,084 | |
Series 2022: | |||
5% 12/1/27 (c) | 8,980 | 9,517 | |
5% 12/1/28 (c) | 2,400 | 2,583 | |
5% 12/1/32 (c) | 8,050 | 9,007 | |
5% 12/1/33 (c) | 9,440 | 10,552 | |
5% 12/1/34 (c) | 10,315 | 11,503 | |
5% 12/1/35 (c) | 5,155 | 5,715 | |
5% 12/1/36 (c) | 3,515 | 3,864 | |
5% 12/1/37 (c) | 9,375 | 10,205 | |
Series 2016 A, 5.25% 1/1/50 (c) | 13,305 | 13,319 | |
New York Urban Dev. Corp. Rev. Gen. Oblig. (New York State Gen. Oblig. Proj.) Series 2017 A, 5% 3/15/32 | 2,745 | 2,941 | |
Oneida County Local Dev. Corp. Rev. (Mohawk Valley Health Sys. Proj.) Series 2019 A: | |||
4% 12/1/34 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 1,025 | |
4% 12/1/35 (Assured Guaranty Muni. Corp. Insured) | 1,500 | 1,534 | |
4% 12/1/36 (Assured Guaranty Muni. Corp. Insured) | 1,635 | 1,665 | |
Onondaga Civic Dev. Corp. (Syracuse Univ. Proj.) Series 2020 A: | |||
5% 12/1/32 | 1,250 | 1,446 | |
5% 12/1/34 | 2,300 | 2,653 | |
Port Auth. of New York & New Jersey Series 2022 236: | |||
5% 1/15/33 (c) | 2,000 | 2,285 | |
5% 1/15/34 (c) | 3,485 | 4,017 | |
5% 1/15/35 (c) | 2,000 | 2,294 | |
5% 1/15/36 (c) | 1,000 | 1,138 | |
5% 1/15/37 (c) | 1,000 | 1,127 | |
5% 1/15/39 (c) | 2,390 | 2,631 | |
5% 1/15/40 (c) | 5,000 | 5,480 | |
5% 1/15/41 (c) | 6,350 | 6,939 | |
5% 1/15/42 (c) | 4,100 | 4,455 | |
Suffolk County Econ. Dev. Corp. Rev. Series 2021: | |||
5.125% 11/1/41 (d) | 1,360 | 1,123 | |
5.375% 11/1/54 (d) | 2,155 | 1,662 | |
Triborough Brdg & Tunl Auth. Series 2023 A, 5% 5/15/40 | 835 | 963 | |
Triborough Bridge & Tunnel Auth.: | |||
Series 2022 E2B, 5% 11/15/32 | 5,825 | 7,016 | |
Series 2023 A: | |||
4% 11/15/33 | 1,430 | 1,598 | |
4% 11/15/34 | 285 | 311 | |
5% 11/15/34 | 1,070 | 1,306 | |
TOTAL NEW YORK | 807,399 | ||
New York And New Jersey - 0.4% | |||
Port Auth. of New York & New Jersey: | |||
Series 193, 5% 10/15/29 (c) | 3,650 | 3,742 | |
Series 2019 218, 5% 11/1/36 (c) | 1,080 | 1,169 | |
Series 2021 226, 5% 10/15/33 (c) | 1,350 | 1,532 | |
Series 2022 231: | |||
5% 8/1/33 (c) | 12,500 | 14,340 | |
5% 8/1/34 (c) | 7,095 | 8,119 | |
Series 2023 238, 5% 7/15/39 (c) | 3,150 | 3,482 | |
Series 2023 242: | |||
5% 12/1/36 (c) | 1,750 | 1,995 | |
5% 12/1/37 (c) | 2,200 | 2,479 | |
5% 12/1/38 (c) | 2,000 | 2,233 | |
5% 12/1/39 (c) | 4,150 | 4,602 | |
Series 223, 4% 7/15/39 (c) | 2,175 | 2,172 | |
TOTAL NEW YORK AND NEW JERSEY | 45,865 | ||
North Carolina - 0.7% | |||
Charlotte Gen. Oblig. Series 2021 A: | |||
2% 6/1/36 | 2,190 | 1,797 | |
2% 6/1/37 | 2,500 | 1,990 | |
Charlotte-Mecklenburg Hosp. Auth. Health Care Sys. Rev. Bonds Series 2021 C, 5%, tender 12/1/28 (b) | 4,430 | 4,886 | |
New Hanover County Hosp. Rev. Series 2017, 5% 10/1/27 (Escrowed to Maturity) | 395 | 428 | |
North Carolina Cap. Facilities Fin. Agcy. Edl. Facilities Rev. Series 2021: | |||
4% 5/1/32 | 1,000 | 1,048 | |
4% 5/1/33 | 1,000 | 1,046 | |
4% 5/1/34 | 900 | 939 | |
5% 5/1/26 | 275 | 286 | |
5% 5/1/27 | 400 | 424 | |
5% 5/1/28 | 415 | 448 | |
5% 5/1/29 | 525 | 575 | |
5% 5/1/30 | 560 | 622 | |
North Carolina Hsg. Fin. Agcy. Home Ownership Rev.: | |||
Series 2022 48, 3.75% 7/1/52 | 9,130 | 9,059 | |
Series 2023 52A, 6.25% 1/1/55 | 5,000 | 5,533 | |
North Carolina Med. Care Commission Health Care Facilities Rev. Bonds Series 2019 C, 2.55%, tender 6/1/26 (b) | 17,085 | 16,856 | |
North Carolina Med. Care Commission Hosp. Rev.: | |||
Bonds Series 2021 B, 5%, tender 2/1/26 (b) | 3,100 | 3,220 | |
Series 2021 A, 5% 2/1/25 | 185 | 189 | |
North Carolina State Ed. Assistance Auth. Student Ln. Rev. Series 2023 A: | |||
5% 6/1/43 (c) | 5,050 | 5,228 | |
5.5% 6/1/30 (c) | 1,110 | 1,226 | |
5.5% 6/1/31 (c) | 2,450 | 2,730 | |
5.5% 6/1/32 (c) | 2,750 | 3,087 | |
5.5% 6/1/33 (c) | 2,750 | 3,104 | |
Raleigh Durham Arpt. Auth. Arpt. Rev. Series 2020 A: | |||
5% 5/1/26 (c) | 3,950 | 4,107 | |
5% 5/1/27 (c) | 1,500 | 1,591 | |
5% 5/1/28 (c) | 1,875 | 2,023 | |
5% 5/1/29 (c) | 1,500 | 1,646 | |
5% 5/1/30 (c) | 1,320 | 1,470 | |
5% 5/1/31 (c) | 1,350 | 1,502 | |
5% 5/1/32 (c) | 1,100 | 1,220 | |
TOTAL NORTH CAROLINA | 78,280 | ||
North Dakota - 0.2% | |||
Grand Forks Health Care Sys. Rev. Series 2021: | |||
3% 12/1/39 | 2,235 | 1,862 | |
4% 12/1/38 | 1,250 | 1,185 | |
4% 12/1/40 | 5,675 | 5,279 | |
North Dakota Hsg. Fin. Agcy.: | |||
Series 2021 A, 3% 1/1/52 | 4,105 | 3,996 | |
Series 2022 A, 4% 1/1/53 | 8,100 | 8,114 | |
Series 2023 F, 6.25% 1/1/54 | 1,790 | 1,982 | |
TOTAL NORTH DAKOTA | 22,418 | ||
Ohio - 1.6% | |||
Akron Bath Copley Hosp. District Rev. Series 2020: | |||
4% 11/15/34 | 970 | 974 | |
4% 11/15/35 | 1,000 | 994 | |
4% 11/15/36 | 1,000 | 984 | |
5% 11/15/32 | 700 | 767 | |
Allen County Hosp. Facilities Rev. Series 2020 A: | |||
5% 12/1/29 | 2,290 | 2,578 | |
5% 12/1/30 | 2,290 | 2,599 | |
American Muni. Pwr., Inc. Rev.: | |||
Bonds Series 2021 A2, 1%, tender 8/15/24 (b) | 6,010 | 5,909 | |
Series 2017 A, 5% 2/15/36 | 5,000 | 5,402 | |
Series 2021 A: | |||
4% 2/15/36 | 4,045 | 4,236 | |
4% 2/15/37 | 3,000 | 3,109 | |
4% 2/15/38 | 215 | 220 | |
5% 2/15/33 | 2,750 | 3,158 | |
5% 2/15/34 | 4,000 | 4,591 | |
5% 2/15/35 | 2,715 | 3,097 | |
Buckeye Tobacco Settlement Fing. Auth. Series 2020 A2, 5% 6/1/36 | 2,290 | 2,480 | |
Cleveland Arpt. Sys. Rev. Series 2016 A: | |||
5% 1/1/26 (Assured Guaranty Muni. Corp. Insured) | 970 | 989 | |
5% 1/1/28 (Assured Guaranty Muni. Corp. Insured) | 1,480 | 1,506 | |
5% 1/1/29 (Assured Guaranty Muni. Corp. Insured) | 2,165 | 2,202 | |
5% 1/1/30 (Assured Guaranty Muni. Corp. Insured) | 1,940 | 1,973 | |
Cleveland Income Tax Rev. Series 2021 A1, 3% 10/1/38 | 1,205 | 1,114 | |
Columbus City School District Series 2016 A: | |||
5% 12/1/32 | 1,490 | 1,570 | |
5% 12/1/32 (Pre-Refunded to 6/1/26 @ 100) | 280 | 295 | |
Fairfield County Hosp. Facilities Rev. (Fairfield Med. Ctr. Proj.) Series 2013: | |||
5% 6/15/25 | 2,395 | 2,395 | |
5% 6/15/26 | 2,515 | 2,516 | |
5% 6/15/27 | 2,640 | 2,641 | |
5% 6/15/28 | 2,770 | 2,770 | |
Franklin County Convention Facilities Auth. (Greater Columbus Convention Ctr. Hotel Expansion Proj.) Series 2019: | |||
5% 12/1/33 | 2,000 | 2,236 | |
5% 12/1/35 | 1,000 | 1,112 | |
5% 12/1/36 | 1,180 | 1,304 | |
5% 12/1/44 | 970 | 925 | |
Franklin County Hosp. Facilities Rev. Series 2016 C: | |||
5% 11/1/25 | 1,940 | 2,015 | |
5% 11/1/26 | 2,040 | 2,165 | |
Lake County Hosp. Facilities Rev. Series 2015, 5% 8/15/27 (Pre-Refunded to 8/15/25 @ 100) | 2,195 | 2,254 | |
Lancaster Port Auth. Gas Rev. Bonds Series 2019, 5%, tender 2/1/25 (b) | 20,230 | 20,488 | |
Miami County Hosp. Facilities Rev. (Kettering Health Network Obligated Group Proj.) Series 2019: | |||
5% 8/1/31 | 1,000 | 1,083 | |
5% 8/1/32 | 1,000 | 1,083 | |
5% 8/1/33 | 1,000 | 1,081 | |
Miami Univ. Series 2020 A: | |||
5% 9/1/30 | 140 | 161 | |
5% 9/1/31 | 950 | 1,092 | |
5% 9/1/33 | 1,770 | 2,022 | |
5% 9/1/34 | 2,500 | 2,852 | |
Montgomery County Hosp. Rev. (Kettering Health Network Obligated Group Proj.)) Series 2021, 5% 8/1/26 | 560 | 588 | |
Muskingum County Hosp. Facilities (Genesis Healthcare Sys. Obligated Group Proj.) Series 2013: | |||
5% 2/15/27 | 5,715 | 5,716 | |
5% 2/15/44 | 6,580 | 6,196 | |
5% 2/15/48 | 4,500 | 4,114 | |
Northeast Ohio Reg'l. Swr. District Wastewtr. Rev. Series 2019, 3% 11/15/38 | 1,175 | 1,079 | |
Ohio Air Quality Dev. Auth. Rev. Bonds Series 2022 B, 4.25%, tender 6/1/27 (b)(c) | 2,350 | 2,396 | |
Ohio Gen. Oblig. Series 2021 A, 5% 6/15/33 | 2,300 | 2,715 | |
Ohio Hosp. Facilities Rev. Series 2017 A: | |||
5% 1/1/27 | 2,495 | 2,675 | |
5% 1/1/29 | 4,855 | 5,320 | |
Ohio Hosp. Rev.: | |||
Bonds Series 2019 C, 2.75%, tender 5/1/28 (b) | 5,475 | 5,450 | |
Series 2016 A, 5% 1/15/41 | 5,650 | 5,749 | |
Series 2020 A, 4% 1/15/50 | 1,580 | 1,492 | |
Ohio Hsg. Fin. Agcy. Residential Mtg. Rev.: | |||
(Mtg. Backed Securities Prog.) Series 2019 B, 4.5% 3/1/50 | 565 | 570 | |
(Mtg.-Backed Securities Prog.) Series 2023 B, 6% 3/1/55 | 6,340 | 7,053 | |
Ohio State Univ. Gen. Receipts (Multiyear Debt Issuance Prog.) Series 2020 A: | |||
5% 12/1/29 | 10,000 | 11,441 | |
5% 12/1/30 | 1,000 | 1,164 | |
Ohio Tpk. Commission Tpk. Rev. (Infrastructure Projs.) Series 2022 A, 5% 2/15/39 | 2,860 | 3,293 | |
Ohio Wtr. Dev. Auth. Rev. Series 2022 A, 5% 12/1/40 | 1,065 | 1,224 | |
Ohio Wtr. Dev. Auth. Wtr. Poll. Cont. Rev. Series 2020 A, 5% 12/1/38 | 2,505 | 2,816 | |
Scioto County Hosp. Facilities Rev.: | |||
Series 2016, 5% 2/15/29 | 2,250 | 2,321 | |
Series 2019, 5% 2/15/29 | 4,300 | 4,493 | |
TOTAL OHIO | 180,807 | ||
Oklahoma - 0.2% | |||
Canadian Cny Edl. Facilities Auth. (Mustang Pub. Schools Proj.) Series 2017, 5% 9/1/26 | 2,015 | 2,129 | |
Grand River Dam Auth. Rev. Series 2014 A: | |||
5% 6/1/27 | 1,165 | 1,173 | |
5% 6/1/28 | 1,455 | 1,464 | |
Oklahoma City Pub. Property Auth. Hotel Tax Rev. Series 2015: | |||
5% 10/1/25 | 1,020 | 1,060 | |
5% 10/1/26 | 1,455 | 1,510 | |
5% 10/1/27 | 1,155 | 1,198 | |
Oklahoma Dev. Fin. Auth. Rev. (Oklahoma City Univ. Proj.) Series 2019: | |||
4% 8/1/33 | 2,645 | 2,606 | |
4% 8/1/34 | 2,755 | 2,707 | |
5% 8/1/24 | 590 | 592 | |
5% 8/1/25 | 930 | 942 | |
5% 8/1/26 | 540 | 552 | |
5% 8/1/27 | 680 | 703 | |
5% 8/1/28 | 725 | 756 | |
5% 8/1/29 | 755 | 793 | |
5% 8/1/30 | 1,370 | 1,436 | |
Oklahoma Hsg. Fin. Agcy. Single Family Mtg. Rev.: | |||
(Homeownership Ln. Prog.) Series 2023 C, 6% 3/1/54 | 1,165 | 1,297 | |
(Homeownership Load Prog.) Series 2023 D, 6.5% 9/1/54 | 1,300 | 1,483 | |
Oklahoma Pwr. Auth. Pwr. Supply Sys. Rev. Series 2014 B, 5% 1/1/27 | 2,085 | 2,121 | |
TOTAL OKLAHOMA | 24,522 | ||
Oregon - 1.1% | |||
Clackamas County Series 2020, 1.625% 6/1/37 | 1,195 | 890 | |
Multnomah County School District #1J Portland Series 2020 B, 3% 6/15/33 | 1,000 | 993 | |
Oregon Facilities Auth. Rev. Series 2022 B, 5% 6/1/30 | 12,940 | 14,376 | |
Oregon State Hsg. & Cmnty. Svcs. Dept. (Single-Family Mtg. Prog.): | |||
Series 2019 A, 2.65% 7/1/39 | 2,630 | 2,225 | |
Series 2022 A, 4% 7/1/51 | 6,550 | 6,564 | |
Port of Portland Arpt. Rev.: | |||
Series 2020 27A, 4% 7/1/39 (c) | 2,545 | 2,550 | |
Series 2022 28, 4% 7/1/35 (c) | 3,000 | 3,087 | |
Series 2023 29: | |||
5% 7/1/30 (c) | 12,085 | 13,359 | |
5% 7/1/31 (c) | 12,035 | 13,466 | |
5% 7/1/33 (c) | 9,960 | 11,395 | |
5% 7/1/34 (c) | 2,730 | 3,125 | |
5% 7/1/38 (c) | 2,680 | 2,975 | |
5.25% 7/1/40 (c) | 19,745 | 22,130 | |
Series 23, 5% 7/1/27 | 1,475 | 1,515 | |
Series 24 B: | |||
5% 7/1/31 (c) | 1,000 | 1,049 | |
5% 7/1/32 (c) | 2,795 | 2,931 | |
Series 26 A: | |||
5% 7/1/29 | 1,155 | 1,278 | |
5% 7/1/33 | 785 | 903 | |
Series 26 B, 5% 7/1/29 | 1,000 | 1,112 | |
Series 26 C: | |||
5% 7/1/25 (c) | 800 | 819 | |
5% 7/1/26 (c) | 1,300 | 1,353 | |
5% 7/1/27 (c) | 1,090 | 1,153 | |
Series 27 A, 5% 7/1/36 (c) | 8,655 | 9,465 | |
Salem Hosp. Facility Auth. Rev. Series 2016 A, 4% 5/15/41 | 3,915 | 3,919 | |
Washington, Multnomah & Yamhill County School District #1J Series 2017, 5% 6/15/30 | 2,915 | 3,146 | |
TOTAL OREGON | 125,778 | ||
Pennsylvania - 4.3% | |||
Allegheny County Arpt. Auth. Rev.: | |||
Series 2021 A: | |||
5% 1/1/33 (c) | 3,635 | 4,033 | |
5% 1/1/51 (c) | 31,125 | 32,380 | |
5% 1/1/56 (c) | 14,945 | 15,512 | |
Series 2023 A: | |||
5% 1/1/34 (Assured Guaranty Muni. Corp. Insured) (c) | 1,730 | 1,971 | |
5% 1/1/35 (Assured Guaranty Muni. Corp. Insured) (c) | 2,000 | 2,273 | |
5.25% 1/1/36 (Assured Guaranty Muni. Corp. Insured) (c) | 1,000 | 1,161 | |
5.25% 1/1/37 (Assured Guaranty Muni. Corp. Insured) (c) | 1,000 | 1,151 | |
Allegheny County Higher Ed. Bldg. Auth. Univ. Rev. Series 2021 A: | |||
4% 3/1/36 | 825 | 864 | |
4% 3/1/37 | 1,000 | 1,039 | |
4% 3/1/38 | 1,050 | 1,079 | |
4% 3/1/39 | 2,000 | 2,044 | |
4% 3/1/40 | 2,115 | 2,148 | |
4% 3/1/41 | 385 | 391 | |
Allegheny County Hosp. Dev. Auth. Rev. Series 2019 A: | |||
5% 7/15/24 | 2,300 | 2,323 | |
5% 7/15/25 | 3,030 | 3,123 | |
Allegheny County Indl. Dev. Auth. Rev. Series 2021: | |||
3.5% 12/1/31 | 2,445 | 1,999 | |
4% 12/1/41 | 5,005 | 3,481 | |
4.25% 12/1/50 | 5,575 | 3,602 | |
Bucks County Indl. Dev. Auth. Hosp. Rev. Series 2021: | |||
5% 7/1/34 | 280 | 264 | |
5% 7/1/35 | 1,100 | 1,029 | |
5% 7/1/36 | 525 | 484 | |
5% 7/1/37 | 1,180 | 1,082 | |
Lancaster County Hosp. Auth. Health Ctr. Rev. Series 2021, 5% 11/1/51 | 7,510 | 7,856 | |
Lehigh County Gen. Purp. Hosp. Rev. Series 2019 A, 4% 7/1/38 | 1,600 | 1,621 | |
Monroeville Fin. Auth. UPMC Rev. Series 2012, 5% 2/15/26 | 3,205 | 3,339 | |
Montgomery County Higher Ed. & Health Auth. Rev.: | |||
Series 2016 A: | |||
5% 10/1/28 | 1,385 | 1,385 | |
5% 10/1/29 | 1,495 | 1,496 | |
5% 10/1/32 | 4,670 | 4,661 | |
5% 10/1/36 | 7,560 | 7,523 | |
5% 10/1/40 | 3,490 | 3,379 | |
Series 2019: | |||
5% 9/1/30 | 1,250 | 1,370 | |
5% 9/1/31 | 2,500 | 2,733 | |
5% 9/1/33 | 1,370 | 1,494 | |
Pennsylvania Econ. Dev. Fing. Auth. Series 2023 A1, 5% 5/15/31 | 17,825 | 20,336 | |
Pennsylvania Econ. Dev. Fing. Auth. Indl. Dev. Rev. (Presbyterian Sr. Living Proj.) Series 2023 B2: | |||
5% 7/1/38 | 1,045 | 1,085 | |
5% 7/1/42 | 3,000 | 3,054 | |
Pennsylvania Econ. Dev. Fing. Auth. Solid Waste Disp. Rev. Bonds: | |||
(Republic Svcs., Inc. Proj.) Series 2019 B2, 4.2%, tender 1/16/24 (b)(c) | 15,500 | 15,497 | |
(Waste Mgmt., Inc. Proj.): | |||
Series 2017 A, 0.58%, tender 8/1/24 (b)(c) | 3,200 | 3,135 | |
Series 2021 A, SIFMA Municipal Swap Index + 0.400% 4.27%, tender 1/4/24 (b)(c)(e) | 9,105 | 9,064 | |
Series 2011, 2.15%, tender 7/1/24 (b)(c) | 12,165 | 12,044 | |
Pennsylvania Gen. Oblig.: | |||
Series 2013, 5% 10/15/27 | 9,710 | 9,749 | |
Series 2016: | |||
4% 2/1/32 | 6,490 | 6,633 | |
5% 9/15/29 | 27,190 | 28,768 | |
Series 2017, 5% 1/1/27 | 8,765 | 9,396 | |
Series 2018: | |||
3.2% 3/1/29 | 16,970 | 17,186 | |
3.35% 3/1/30 | 25,255 | 25,616 | |
Series 2022, 5% 10/1/36 | 8,595 | 10,029 | |
Pennsylvania Higher Ed. Assistance Agcy. Rev. Series 2022 A: | |||
5% 6/1/29 (c) | 3,800 | 4,084 | |
5% 6/1/30 (c) | 8,600 | 9,346 | |
5% 6/1/31 (c) | 4,900 | 5,369 | |
Pennsylvania Higher Edl. Facilities Auth. Rev. (Univ. of Penn Health Systems Proj.): | |||
Series 2017 A: | |||
5% 8/15/28 | 1,215 | 1,306 | |
5% 8/15/30 | 2,090 | 2,242 | |
Series 2017, 5% 8/15/27 | 1,165 | 1,261 | |
Pennsylvania Pub. School Bldg. Auth. School Rev. (The School District of The City of Harrisburg Proj.) Series 2016 A: | |||
5% 12/1/28 | 5,265 | 5,586 | |
5% 12/1/28 (Pre-Refunded to 12/1/26 @ 100) | 835 | 892 | |
5% 12/1/33 | 3,405 | 3,581 | |
5% 12/1/33 (Pre-Refunded to 12/1/26 @ 100) | 895 | 956 | |
Pennsylvania State Univ. Series 2023: | |||
5% 9/1/38 | 750 | 879 | |
5% 9/1/39 | 750 | 873 | |
5% 9/1/40 | 1,500 | 1,737 | |
Pennsylvania Tpk. Commission Tpk. Rev.: | |||
Series 2013 A2: | |||
5% 12/1/28 | 1,215 | 1,299 | |
5% 12/1/33 | 1,215 | 1,338 | |
Series 2017 A1: | |||
5% 12/1/29 | 1,455 | 1,587 | |
5% 12/1/34 | 970 | 1,051 | |
Series 2021 B: | |||
5% 12/1/33 | 2,095 | 2,435 | |
5% 12/1/34 | 1,750 | 2,032 | |
5% 12/1/35 | 1,750 | 2,008 | |
Series 2021 C: | |||
4% 12/1/38 | 1,040 | 1,083 | |
5% 12/1/37 | 1,300 | 1,483 | |
Series 2023: | |||
5% 12/1/32 | 3,205 | 3,797 | |
5% 12/1/33 | 12,980 | 15,270 | |
5% 12/1/34 | 5,325 | 6,263 | |
5% 12/1/35 | 1,425 | 1,671 | |
Philadelphia Arpt. Rev.: | |||
Series 2015 A, 5% 6/15/24 (c) | 1,590 | 1,600 | |
Series 2017 B: | |||
5% 7/1/26 (c) | 2,950 | 3,070 | |
5% 7/1/29 (c) | 1,200 | 1,267 | |
5% 7/1/30 (c) | 1,720 | 1,816 | |
5% 7/1/31 (c) | 2,430 | 2,564 | |
5% 7/1/35 (c) | 800 | 838 | |
5% 7/1/47 (c) | 3,065 | 3,130 | |
Series 2020 A: | |||
4% 7/1/35 | 2,000 | 2,101 | |
4% 7/1/36 | 3,500 | 3,631 | |
Series 2021, 5% 7/1/36 (c) | 2,750 | 3,037 | |
Philadelphia Gas Works Rev. Series 15: | |||
5% 8/1/24 | 730 | 737 | |
5% 8/1/25 | 775 | 799 | |
Philadelphia Gen. Oblig.: | |||
Series 2015 B: | |||
5% 8/1/27 | 2,915 | 2,996 | |
5% 8/1/29 | 10,165 | 10,408 | |
5% 8/1/30 | 10,705 | 10,939 | |
5% 8/1/31 | 11,280 | 11,506 | |
Series 2019 A: | |||
5% 8/1/24 | 3,425 | 3,458 | |
5% 8/1/26 | 3,225 | 3,409 | |
Series 2019 B: | |||
5% 2/1/24 | 100 | 100 | |
5% 2/1/25 | 1,135 | 1,156 | |
5% 2/1/26 | 1,180 | 1,233 | |
5% 2/1/27 | 1,500 | 1,605 | |
5% 2/1/28 | 2,250 | 2,459 | |
5% 2/1/29 | 2,425 | 2,701 | |
Philadelphia School District: | |||
Series 2019 A, 5% 9/1/34 (Assured Guaranty Muni. Corp. Insured) | 3,675 | 4,052 | |
Series 2019 B, 5% 9/1/29 | 3,070 | 3,419 | |
Series 2019 C, 5% 9/1/33 | 11,245 | 12,497 | |
Philadelphia Wtr. & Wastewtr. Rev. Series 2022 C: | |||
5% 6/1/35 | 1,110 | 1,302 | |
5% 6/1/36 | 1,300 | 1,502 | |
5% 6/1/37 | 2,000 | 2,285 | |
5% 6/1/38 | 1,500 | 1,686 | |
5% 6/1/39 | 1,850 | 2,055 | |
Pittsburgh Wtr. & Swr. Auth. Wtr. & Swr. Sys. Rev.: | |||
Series 2019 A, 5% 9/1/38 (Assured Guaranty Muni. Corp. Insured) | 570 | 627 | |
Series 2019 B: | |||
5% 9/1/31 (Assured Guaranty Muni. Corp. Insured) | 1,855 | 2,181 | |
5% 9/1/33 (Assured Guaranty Muni. Corp. Insured) | 1,250 | 1,518 | |
Southcentral Pennsylvania Gen. Auth. Rev. Series 2019 A: | |||
5% 6/1/38 | 2,890 | 3,104 | |
5% 6/1/39 | 4,690 | 5,015 | |
Southeastern Pennsylvania Trans. Auth. Rev. Series 2022: | |||
5% 6/1/33 | 1,000 | 1,188 | |
5% 6/1/34 | 1,000 | 1,185 | |
5% 6/1/35 | 1,750 | 2,068 | |
5% 6/1/36 | 2,500 | 2,934 | |
State Pub. School Bldg. Auth. Lease Rev. (The School District of Philadelphia Proj.) Series 2015 A, 5% 6/1/26 | 1,345 | 1,378 | |
TOTAL PENNSYLVANIA | 497,867 | ||
Puerto Rico - 0.7% | |||
Puerto Rico Commonwealth Aqueduct & Swr. Auth.: | |||
Series 2020 A, 5% 7/1/35 (d) | 1,500 | 1,514 | |
Series 2021 B, 5% 7/1/37 (d) | 7,175 | 7,206 | |
Series 2022 A, 5% 7/1/37 (d) | 3,620 | 3,637 | |
Puerto Rico Commonwealth Pub. Impt. Gen. Oblig.: | |||
Series 2021 A1: | |||
0% 7/1/24 | 2,040 | 2,000 | |
4% 7/1/33 | 27,122 | 26,555 | |
4% 7/1/35 | 9,725 | 9,403 | |
5.625% 7/1/29 | 4,097 | 4,444 | |
Series 2022 A1, 5.375% 7/1/25 | 4,735 | 4,840 | |
Puerto Rico Sales Tax Fing. Corp. Sales Tax Rev.: | |||
Series 2018 A1, 4.55% 7/1/40 | 1,450 | 1,457 | |
Series 2019 A2, 4.329% 7/1/40 | 20,840 | 20,688 | |
TOTAL PUERTO RICO | 81,744 | ||
Rhode Island - 0.6% | |||
Rhode Island & Providence Plantations Series 2019 A, 4% 5/1/35 | 2,160 | 2,271 | |
Rhode Island Gen. Oblig. Series 2022 A, 5% 8/1/35 | 10,110 | 12,044 | |
Rhode Island Health & Edl. Bldg. Corp. Higher Ed. Facilities Rev.: | |||
Series 2016 B: | |||
5% 9/1/31 | 10,630 | 10,636 | |
5% 9/1/36 | 320 | 314 | |
Series 2016, 5% 5/15/39 | 5,475 | 5,535 | |
Rhode Island Health & Edl. Bldg. Corp. Pub. Schools Rev. Series 2015, 5% 5/15/25 (Assured Guaranty Muni. Corp. Insured) | 7,985 | 8,185 | |
Rhode Island Health and Edl. Bldg. Corp. Higher Ed. Facility Rev. Series 2023: | |||
5% 11/1/33 | 315 | 373 | |
5% 11/1/34 | 375 | 442 | |
5% 11/1/35 | 350 | 410 | |
5% 11/1/37 | 400 | 459 | |
5% 11/1/38 | 350 | 399 | |
5% 11/1/39 | 395 | 447 | |
5% 11/1/40 | 600 | 676 | |
Rhode Island Hsg. & Mtg. Fin. Corp. Series 2019 70, 4% 10/1/49 | 1,155 | 1,155 | |
Rhode Island Student Ln. Auth. Student Ln. Rev.: | |||
Series 2022 A: | |||
5% 12/1/26 (c) | 2,100 | 2,199 | |
5% 12/1/27 (c) | 1,500 | 1,599 | |
5% 12/1/28 (c) | 1,750 | 1,892 | |
5% 12/1/29 (c) | 1,875 | 2,055 | |
5% 12/1/30 (c) | 1,125 | 1,236 | |
5% 12/1/31 (c) | 1,575 | 1,750 | |
Series 2023 A, 5% 12/1/32 (c) | 5,100 | 5,665 | |
Series A: | |||
3.5% 12/1/34 (c) | 1,440 | 1,365 | |
4% 12/1/26 (c) | 520 | 522 | |
5% 12/1/29 (c) | 1,650 | 1,808 | |
Tobacco Settlement Fing. Corp. Series 2015 A: | |||
5% 6/1/24 | 5,085 | 5,113 | |
5% 6/1/27 | 1,770 | 1,806 | |
5% 6/1/28 | 2,330 | 2,378 | |
TOTAL RHODE ISLAND | 72,734 | ||
South Carolina - 1.0% | |||
Beaufort-Jasper Wtr. & Swr. Sys. Series 2016 B: | |||
5% 3/1/24 | 970 | 973 | |
5% 3/1/25 | 970 | 994 | |
Patriots Energy Group Fing. Agcy. Bonds: | |||
Series 2018 A, 4%, tender 2/1/24 (b) | 23,815 | 23,827 | |
Series 2023 B1, 5.25%, tender 3/1/31 (b) | 21,845 | 23,789 | |
Scago Edl. Facilities Corp. for Colleton School District (School District of Colleton County Proj.) Series 2015: | |||
5% 12/1/27 | 3,885 | 3,988 | |
5% 12/1/29 | 3,155 | 3,233 | |
South Carolina Hsg. Fin. & Dev. Auth. Mtg. Rev.: | |||
Series 2019 A, 4% 1/1/50 | 2,230 | 2,233 | |
Series 2020 A, 4% 7/1/50 | 2,265 | 2,266 | |
Series 2023 B, 6% 1/1/54 | 3,900 | 4,340 | |
South Carolina Jobs-Econ. Dev. Auth.: | |||
(Anmed Health Proj.) Series 2016: | |||
5% 2/1/24 | 970 | 971 | |
5% 2/1/26 | 1,650 | 1,715 | |
(Anmed Heath Proj.) Series 2016, 5% 2/1/25 | 1,700 | 1,731 | |
South Carolina Ports Auth. Ports Rev.: | |||
Series 2015 (AMT), 5% 7/1/45 (Pre-Refunded to 7/1/25 @ 100) (c) | 1,000 | 1,025 | |
Series 2018: | |||
5% 7/1/28 (c) | 2,235 | 2,400 | |
5% 7/1/30 (c) | 4,790 | 5,132 | |
5% 7/1/33 (c) | 2,150 | 2,294 | |
South Carolina Pub. Svc. Auth. Rev.: | |||
Series 2014 C: | |||
5% 12/1/25 | 3,885 | 3,931 | |
5% 12/1/26 | 3,885 | 3,917 | |
5% 12/1/27 | 3,010 | 3,035 | |
Series 2016 B: | |||
5% 12/1/35 | 6,250 | 6,460 | |
5% 12/1/36 | 9,330 | 9,601 | |
Series 2022 E, 5.25% 12/1/33 (Assured Guaranty Muni. Corp. Insured) | 1,200 | 1,402 | |
Series A: | |||
4% 12/1/33 | 900 | 932 | |
4% 12/1/34 | 4,000 | 4,133 | |
4% 12/1/35 | 500 | 514 | |
4% 12/1/37 | 2,000 | 2,038 | |
5% 12/1/31 | 2,800 | 3,138 | |
TOTAL SOUTH CAROLINA | 120,012 | ||
South Dakota - 0.1% | |||
South Dakota Health & Edl. Facilities Auth. Rev.: | |||
Series 2014 B: | |||
5% 11/1/24 | 1,200 | 1,217 | |
5% 11/1/25 | 1,175 | 1,190 | |
5% 11/1/26 | 195 | 198 | |
Series 2017: | |||
5% 7/1/24 | 435 | 439 | |
5% 7/1/27 | 365 | 391 | |
5% 7/1/33 | 1,700 | 1,817 | |
5% 7/1/35 | 1,360 | 1,449 | |
South Dakota Hsg. Dev. Auth.: | |||
Series 2023 G, 6.25% 5/1/55 | 2,550 | 2,825 | |
Series A, 3% 11/1/51 | 3,020 | 2,941 | |
TOTAL SOUTH DAKOTA | 12,467 | ||
Tennessee - 0.5% | |||
Chattanooga Health Ed. & Hsg. Facility Board Rev. Series 2019 A1, 4% 8/1/37 | 3,040 | 3,083 | |
Greeneville Health & Edl. Facilities Board Series 2018 A: | |||
5% 7/1/29 | 970 | 1,042 | |
5% 7/1/30 | 1,165 | 1,250 | |
Knox County Health Edl. & Hsg. Facilities Board Rev.: | |||
Series 2016, 5% 9/1/24 | 995 | 1,003 | |
Series 2017: | |||
5% 4/1/24 | 970 | 973 | |
5% 4/1/25 | 1,315 | 1,335 | |
Memphis-Shelby County Arpt. Auth. Arpt. Rev. Series 2020 B, 5% 7/1/25 (c) | 1,000 | 1,022 | |
Metropolitan Nashville Arpt. Auth. Rev. Series 2019 B, 5% 7/1/44 (c) | 1,190 | 1,247 | |
Nashville and Davidson County Metropolitan Govt. Gen. Oblig.: | |||
Series 2015 C, 5% 7/1/31 (Pre-Refunded to 7/1/25 @ 100) | 3,370 | 3,480 | |
Series 2018, 4% 7/1/34 | 6,000 | 6,258 | |
Series 2021 C, 3% 1/1/35 | 1,100 | 1,076 | |
Tennergy Corp. Gas Rev. Bonds Series 2019 A, 5%, tender 10/1/24 (b) | 18,440 | 18,600 | |
Tennessee Energy Acquisition Corp. Bonds Series 2018, 4%, tender 11/1/25 (b) | 10,670 | 10,711 | |
Tennessee Hsg. Dev. Agcy. Residential: | |||
Series 2019 3: | |||
2.6% 7/1/39 | 1,040 | 859 | |
2.8% 7/1/44 | 1,265 | 1,006 | |
Series 2019 4, 2.9% 7/1/39 | 750 | 652 | |
Series 2022 1, 3.75% 7/1/52 | 6,065 | 6,018 | |
Williamson County Tenn Series 2017, 3.05% 4/1/34 | 1,680 | 1,664 | |
TOTAL TENNESSEE | 61,279 | ||
Texas - 12.4% | |||
Argyle Independent School District Series 2022, 5% 8/15/34 | 1,005 | 1,191 | |
Austin Arpt. Sys. Rev.: | |||
Series 2014: | |||
5% 11/15/29 (c) | 2,690 | 2,707 | |
5% 11/15/34 (c) | 1,750 | 1,759 | |
Series 2019 B: | |||
5% 11/15/27 (c) | 1,500 | 1,601 | |
5% 11/15/28 (c) | 2,250 | 2,438 | |
5% 11/15/29 (c) | 1,500 | 1,645 | |
Austin Gen. Oblig. Series 2022: | |||
5% 9/1/34 | 1,600 | 1,921 | |
5% 9/1/35 | 2,500 | 2,985 | |
5% 9/1/36 | 3,035 | 3,596 | |
Austin Independent School District: | |||
Series 2021: | |||
4% 8/1/32 | 8,300 | 9,009 | |
4% 8/1/33 | 9,255 | 10,018 | |
4% 8/1/34 | 10,590 | 11,451 | |
4% 8/1/35 | 7,215 | 7,754 | |
Series 2023: | |||
5% 8/1/35 | 2,000 | 2,397 | |
5% 8/1/36 | 2,000 | 2,378 | |
5% 8/1/39 | 1,795 | 2,078 | |
Austin Wtr. & Wastewtr. Sys. Rev. Series 2022: | |||
5% 11/15/31 | 1,000 | 1,175 | |
5% 11/15/33 | 650 | 774 | |
5% 11/15/35 | 1,000 | 1,177 | |
5% 11/15/36 | 1,000 | 1,169 | |
Birdville Independent School District: | |||
Series 2020, 2.375% 2/15/35 | 1,575 | 1,426 | |
Series 2021, 5% 2/15/26 | 2,225 | 2,329 | |
Board of Regents of The Texas A&M Univ. Sys. Permanent Univ. Fund Series 2023: | |||
5% 7/1/37 | 8,235 | 9,529 | |
5% 7/1/38 | 8,030 | 9,197 | |
Boerne Independent School District Bonds Series 2023, 3.125%, tender 2/1/27 (b) | 5,625 | 5,639 | |
Brazos County Gen. Oblig. Series 2020, 2.125% 9/1/39 | 1,515 | 1,108 | |
Brazosport Independent School District Series 2019, 2.125% 2/15/33 | 3,495 | 3,133 | |
Cedar Park Series 2022, 5% 2/15/36 | 1,245 | 1,425 | |
Central Reg'l. Mobility Auth.: | |||
Series 2015 A: | |||
5% 1/1/31 (Pre-Refunded to 7/1/25 @ 100) | 1,165 | 1,201 | |
5% 1/1/34 (Pre-Refunded to 7/1/25 @ 100) | 1,940 | 2,001 | |
5% 1/1/40 (Pre-Refunded to 7/1/25 @ 100) | 5,340 | 5,507 | |
Series 2020 E: | |||
4% 1/1/34 | 950 | 1,001 | |
4% 1/1/36 | 750 | 783 | |
5% 1/1/30 | 850 | 953 | |
5% 1/1/32 | 800 | 895 | |
5% 1/1/35 | 915 | 1,020 | |
Series 2020 G: | |||
4% 1/1/34 | 1,000 | 1,036 | |
4% 1/1/35 | 1,000 | 1,034 | |
4% 1/1/36 | 1,000 | 1,028 | |
5% 1/1/28 | 500 | 537 | |
5% 1/1/29 | 750 | 828 | |
5% 1/1/30 | 670 | 742 | |
5% 1/1/31 | 725 | 802 | |
5% 1/1/32 | 870 | 959 | |
Series 2021 B, 5% 1/1/35 | 1,000 | 1,132 | |
City of Denton Series 2020: | |||
2% 2/15/35 | 1,430 | 1,205 | |
2% 2/15/36 | 1,465 | 1,205 | |
2% 2/15/36 | 2,670 | 2,197 | |
2% 2/15/37 | 510 | 412 | |
2% 2/15/37 | 1,495 | 1,194 | |
2% 2/15/38 | 1,255 | 969 | |
2% 2/15/38 | 1,525 | 1,178 | |
2% 2/15/39 | 1,560 | 1,168 | |
2% 2/15/40 | 1,585 | 1,153 | |
Clear Creek Independent School District Bonds Series 2013 B, 3.6%, tender 8/15/25 (b) | 6,655 | 6,716 | |
Cypress-Fairbanks Independent School District: | |||
Series 2016: | |||
5% 2/15/24 | 24,410 | 24,466 | |
5% 2/15/25 | 20,810 | 21,311 | |
5% 2/15/27 | 3,475 | 3,651 | |
Series 2019 A, 3% 2/15/33 | 5,000 | 4,976 | |
Series 2020, 4% 2/15/33 | 1,425 | 1,515 | |
Dallas Area Rapid Transit Sales Tax Rev.: | |||
Series 2007, 5.25% 12/1/29 | 7,135 | 8,261 | |
Series 2020 A: | |||
5% 12/1/25 | 750 | 783 | |
5% 12/1/26 | 1,000 | 1,072 | |
Dallas County Util. and Reclamation District Series 2013, 5% 2/15/24 | 6,130 | 6,143 | |
Dallas Fort Worth Int'l. Arpt. Rev.: | |||
Series 2020 A: | |||
5% 11/1/30 | 3,090 | 3,580 | |
5% 11/1/31 | 1,300 | 1,505 | |
5% 11/1/32 | 2,000 | 2,314 | |
5% 11/1/33 | 2,000 | 2,312 | |
Series 2020 B, 4% 11/1/35 | 7,865 | 8,313 | |
Dallas Gen. Oblig. Series 2019 B: | |||
5% 2/15/30 | 4,080 | 4,590 | |
5% 2/15/32 | 7,095 | 7,955 | |
5% 2/15/33 | 7,585 | 8,497 | |
Dallas Independent School District: | |||
Series 2019: | |||
5% 2/15/28 | 1,750 | 1,923 | |
5% 2/15/29 | 2,355 | 2,598 | |
5% 2/15/30 | 5,095 | 5,620 | |
Series 2021, 4% 2/15/26 | 2,455 | 2,524 | |
Dallas Wtrwks. & Swr. Sys. Rev. Series 2021 C, 3% 10/1/36 | 2,080 | 1,996 | |
Del Valle Independent School District Series 2021, 2% 6/15/36 | 3,740 | 3,035 | |
Denton Independent School District: | |||
Bonds Series 2014 B: | |||
2%, tender 8/1/24 (b) | 7,120 | 7,069 | |
2%, tender 8/1/24 (b) | 1,395 | 1,387 | |
2%, tender 8/1/24 (b) | 670 | 666 | |
Series 2016, 0% 8/15/25 | 2,770 | 2,645 | |
Eagle Mountain & Saginaw Independent School District Series 2022: | |||
5% 8/15/33 | 1,190 | 1,404 | |
5% 8/15/34 | 1,010 | 1,190 | |
5% 8/15/35 | 1,300 | 1,524 | |
5% 8/15/36 | 1,895 | 2,203 | |
El Paso Gen. Oblig. Series 2019 A: | |||
5% 8/15/30 | 5,100 | 5,612 | |
5% 8/15/31 | 3,610 | 3,970 | |
5% 8/15/32 | 3,620 | 3,974 | |
5% 8/15/33 | 5,890 | 6,454 | |
5% 8/15/34 | 2,945 | 3,220 | |
El Paso Wtr. & Swr. Rev. Series 2022: | |||
5% 3/1/35 | 7,140 | 8,176 | |
5% 3/1/36 | 5,835 | 6,645 | |
Elgin Independent School District Series 2022, 5% 8/1/30 | 1,485 | 1,720 | |
Fort Bend Independent School District Bonds Series 2021 B, 0.72%, tender 8/1/26 (b) | 8,400 | 7,922 | |
Fort Worth Gen. Oblig.: | |||
Series 2016, 5% 3/1/27 | 5,755 | 6,024 | |
Series 2020, 5% 3/1/29 | 4,200 | 4,725 | |
Series 2021: | |||
2% 3/1/36 | 6,480 | 5,325 | |
2% 3/1/37 | 6,480 | 5,307 | |
Fort Worth Independent School District: | |||
Series 2016, 5% 2/15/26 | 3,530 | 3,703 | |
Series 2023: | |||
5% 2/15/36 | 440 | 521 | |
5% 2/15/37 | 900 | 1,057 | |
5% 2/15/38 | 1,125 | 1,305 | |
5% 2/15/39 | 1,700 | 1,962 | |
Fort Worth Wtr. & Swr. Rev. Series 2022, 5% 2/15/34 | 2,135 | 2,483 | |
Frisco Texas Series 2022, 2% 2/15/37 | 4,640 | 3,849 | |
Galveston Wharves &Term. Series 2023, 5% 8/1/35 (c) | 1,185 | 1,298 | |
Garland Series 2021, 2% 2/15/39 | 1,660 | 1,226 | |
Georgetown Util. Sys. Rev. Series 2022: | |||
5% 8/15/31 (Assured Guaranty Muni. Corp. Insured) | 1,375 | 1,580 | |
5% 8/15/33 (Assured Guaranty Muni. Corp. Insured) | 1,500 | 1,726 | |
5% 8/15/35 (Assured Guaranty Muni. Corp. Insured) | 1,700 | 1,943 | |
5% 8/15/36 (Assured Guaranty Muni. Corp. Insured) | 1,585 | 1,801 | |
Grand Parkway Trans. Corp.: | |||
Bonds Series 2023, 5%, tender 4/1/28 (b) | 42,630 | 45,951 | |
Series 2018 A: | |||
5% 10/1/31 | 4,965 | 5,444 | |
5% 10/1/32 | 4,210 | 4,608 | |
5% 10/1/33 | 6,420 | 7,014 | |
5% 10/1/34 | 4,855 | 5,298 | |
Grand Prairie Series 2023: | |||
4% 2/15/38 | 1,755 | 1,825 | |
4% 2/15/39 | 1,465 | 1,515 | |
Harris County Cultural Ed. Facilities Fin. Corp. Rev.: | |||
Bonds: | |||
Series 2019 B, 5%, tender 12/1/24 (b) | 5,205 | 5,282 | |
Series 2020 A, 0.9%, tender 5/15/25 (b) | 5,000 | 4,798 | |
Series 2019 A: | |||
4% 10/1/35 | 1,750 | 1,797 | |
4% 10/1/36 | 3,000 | 3,054 | |
Harris County Flood Cont. District Series 2021 A: | |||
4% 10/1/32 | 5,130 | 5,522 | |
4% 10/1/33 | 6,045 | 6,483 | |
4% 10/1/34 | 4,995 | 5,332 | |
4% 10/1/35 | 3,400 | 3,601 | |
4% 10/1/36 | 3,920 | 4,117 | |
Harris County Gen. Oblig. Series 2022 A: | |||
5% 8/15/31 | 4,640 | 5,477 | |
5% 8/15/32 | 2,500 | 2,995 | |
Hays Consolidated Independent School District Series 2022: | |||
4% 2/15/37 | 1,000 | 1,062 | |
5% 2/15/34 | 1,000 | 1,165 | |
5% 2/15/35 | 1,650 | 1,914 | |
5% 2/15/36 | 2,250 | 2,593 | |
Houston Arpt. Sys. Rev.: | |||
Series 2018 A: | |||
5% 7/1/26 (c) | 1,635 | 1,701 | |
5% 7/1/27 (c) | 2,180 | 2,307 | |
5% 7/1/28 (c) | 970 | 1,044 | |
Series 2018 B: | |||
5% 7/1/28 | 3,110 | 3,442 | |
5% 7/1/29 | 12,140 | 13,422 | |
5% 7/1/30 | 6,385 | 7,028 | |
Series 2020 A: | |||
4% 7/1/35 (c) | 1,500 | 1,538 | |
4% 7/1/39 (c) | 1,895 | 1,907 | |
Series 2021 A: | |||
4% 7/1/35 (c) | 1,100 | 1,132 | |
4% 7/1/36 (c) | 2,180 | 2,228 | |
4% 7/1/37 (c) | 1,200 | 1,217 | |
4% 7/1/38 (c) | 1,750 | 1,775 | |
4% 7/1/39 (c) | 4,500 | 4,533 | |
Series 2023 A: | |||
5% 7/1/36 (Assured Guaranty Muni. Corp. Insured) (c) | 3,850 | 4,352 | |
5% 7/1/37 (Assured Guaranty Muni. Corp. Insured) (c) | 2,000 | 2,247 | |
5.25% 7/1/39 (Assured Guaranty Muni. Corp. Insured) (c) | 2,700 | 3,051 | |
5.25% 7/1/40 (Assured Guaranty Muni. Corp. Insured) (c) | 5,000 | 5,621 | |
Series 2023, 5% 7/1/38 (Assured Guaranty Muni. Corp. Insured) (c) | 2,000 | 2,220 | |
Houston Convention and Entertainment Facilities Dept. Hotel Occupancy Tax and Spl. Rev. Series 2019: | |||
5% 9/1/29 | 1,000 | 1,093 | |
5% 9/1/30 | 1,250 | 1,365 | |
5% 9/1/31 | 1,650 | 1,800 | |
5% 9/1/33 | 1,535 | 1,673 | |
5% 9/1/34 | 1,250 | 1,361 | |
5% 9/1/35 | 1,700 | 1,845 | |
Houston Gen. Oblig. Series 2017 A: | |||
5% 3/1/24 | 9,710 | 9,739 | |
5% 3/1/25 | 4,080 | 4,176 | |
Houston Util. Sys. Rev.: | |||
Series 2014 C, 5% 5/15/28 | 2,525 | 2,541 | |
Series 2016 B, 5% 11/15/33 | 2,330 | 2,448 | |
Series 2020 C: | |||
4% 11/15/35 | 1,500 | 1,591 | |
5% 11/15/30 | 2,145 | 2,482 | |
5% 11/15/31 | 2,500 | 2,889 | |
5% 11/15/32 | 2,000 | 2,310 | |
Series 2021 A: | |||
4% 11/15/35 | 700 | 748 | |
4% 11/15/36 | 700 | 744 | |
Irving Hosp. Auth. Hosp. Rev. Series 2017 A: | |||
5% 10/15/24 | 485 | 492 | |
5% 10/15/26 | 680 | 707 | |
5% 10/15/27 | 485 | 505 | |
5% 10/15/29 | 630 | 656 | |
5% 10/15/31 | 990 | 1,025 | |
5% 10/15/35 | 1,425 | 1,470 | |
5% 10/15/36 | 3,115 | 3,203 | |
5% 10/15/39 | 1,215 | 1,237 | |
5% 10/15/44 | 1,440 | 1,459 | |
Lamar Consolidated Independent School District Series 2023: | |||
5% 2/15/37 | 2,000 | 2,327 | |
5% 2/15/38 | 1,750 | 2,002 | |
5% 2/15/39 | 5,000 | 5,688 | |
5% 2/15/40 | 2,765 | 3,128 | |
Love Field Arpt. Modernization Rev.: | |||
Series 2015: | |||
5% 11/1/30 (c) | 1,360 | 1,382 | |
5% 11/1/31 (c) | 5,730 | 5,822 | |
5% 11/1/35 (c) | 1,700 | 1,723 | |
Series 2017: | |||
5% 11/1/26 (c) | 1,000 | 1,047 | |
5% 11/1/33 (c) | 1,250 | 1,290 | |
5% 11/1/34 (c) | 2,925 | 3,016 | |
5% 11/1/35 (c) | 4,065 | 4,182 | |
5% 11/1/36 (c) | 5,170 | 5,304 | |
Series 2021: | |||
4% 11/1/34 (Assured Guaranty Muni. Corp. Insured) (c) | 6,245 | 6,465 | |
4% 11/1/38 (Assured Guaranty Muni. Corp. Insured) (c) | 1,500 | 1,518 | |
5% 11/1/33 (Assured Guaranty Muni. Corp. Insured) (c) | 16,660 | 18,720 | |
Lower Colorado River Auth. Rev.: | |||
(LCRA Transmission Svcs. Corp. Proj.): | |||
Series 2018: | |||
5% 5/15/32 | 4,565 | 5,001 | |
5% 5/15/34 | 2,430 | 2,653 | |
5% 5/15/36 | 2,430 | 2,640 | |
Series 2019: | |||
5% 5/15/32 | 1,500 | 1,674 | |
5% 5/15/33 | 2,250 | 2,507 | |
5% 5/15/34 | 2,250 | 2,500 | |
5% 5/15/35 | 5,575 | 6,176 | |
5% 5/15/36 | 1,075 | 1,188 | |
Series 2021, 5% 5/15/25 | 3,620 | 3,725 | |
Series 2022 A: | |||
5% 5/15/32 | 395 | 464 | |
5.25% 5/15/35 | 1,500 | 1,766 | |
Series 2015 B: | |||
5% 5/15/25 | 6,615 | 6,806 | |
5% 5/15/27 | 2,915 | 2,981 | |
5% 5/15/28 | 2,845 | 2,909 | |
5% 5/15/29 | 8,255 | 8,440 | |
Series 2015 D, 5% 5/15/26 | 1,360 | 1,390 | |
Series 2020, 5% 5/15/26 | 3,350 | 3,531 | |
Lubbock County Tex Series 2023 A: | |||
4% 2/15/39 | 3,250 | 3,311 | |
5% 2/15/35 | 1,905 | 2,224 | |
5% 2/15/37 | 2,950 | 3,393 | |
5% 2/15/38 | 3,105 | 3,518 | |
Magnolia Independent School District Series 2023: | |||
5% 8/15/38 | 1,135 | 1,304 | |
5% 8/15/39 | 3,700 | 4,212 | |
Mansfield Tex Series 2020, 2.5% 2/15/39 | 1,425 | 1,129 | |
McKinney Independent School District Series 2022, 5% 2/15/35 | 1,295 | 1,488 | |
Midlothian Independent School District Bonds Series 2013 C, 2%, tender 8/1/24 (b) | 4,160 | 4,130 | |
Midway Independent School District Series 2020, 4% 8/15/32 | 1,500 | 1,586 | |
Mission Econ. Dev. Corp. Solid Waste Disp. Rev. Bonds (Waste Mgmt., Inc. Proj.) Series 2018, 0.000% x SIFMA Municipal Swap Index 4.245%, tender 1/4/24 (b)(c)(e) | 1,145 | 1,139 | |
New Hope Cultural Ed. Facilities Fin. Corp. (Childrens Med. Ctr. of Dallas) Series 2017 A: | |||
5% 8/15/24 | 1,960 | 1,982 | |
5% 8/15/25 | 2,430 | 2,509 | |
5% 8/15/26 | 1,505 | 1,589 | |
5% 8/15/27 | 1,565 | 1,688 | |
5% 8/15/30 | 2,330 | 2,516 | |
Newark Higher Ed. Fin. Corp. (Abilene Christian Univ. Proj.) Series 2016 A: | |||
5% 4/1/27 | 2,135 | 2,222 | |
5% 4/1/28 | 1,395 | 1,454 | |
North East Texas Independent School District Bonds Series 2019, 2.2%, tender 8/1/24 (b) | 4,310 | 4,265 | |
North Harris County Reg'l. Wtr. Auth. Series 2013, 4% 12/15/24 | 1,770 | 1,771 | |
North Texas Muni. Wtr. District Upper East Fork Wastewtr. Interceptor Sys. Series 2021, 2% 6/1/39 | 2,195 | 1,606 | |
North Texas Tollway Auth. Rev.: | |||
(Sr. Lien Proj.) Series 2017 A, 5% 1/1/33 | 1,280 | 1,361 | |
(Sub Lien Proj.) Series 2017 B: | |||
5% 1/1/30 | 470 | 488 | |
5% 1/1/31 | 660 | 684 | |
5% 1/1/32 | 2,915 | 3,108 | |
Series 2014, 5% 1/1/24 | 420 | 420 | |
Series 2015 B: | |||
5% 1/1/29 | 9,710 | 9,914 | |
5% 1/1/30 | 4,855 | 4,955 | |
Series 2019 A, 4% 1/1/36 | 1,725 | 1,794 | |
Series 2019 B, 5% 1/1/25 | 3,390 | 3,461 | |
Series 2020 A, 4% 1/1/37 | 3,395 | 3,505 | |
Series 2021 B, 4% 1/1/39 | 8,025 | 8,221 | |
Northside Independent School District Bonds Series 2019, 1.6%, tender 8/1/24 (b) | 19,500 | 19,316 | |
Pasadena Independent School District Bonds Series 2015 B, 1.5%, tender 8/15/24 (b) | 16,765 | 16,586 | |
Pearland Gen. Oblig. Series 2020, 5% 3/1/24 | 1,975 | 1,981 | |
Pecos Barstow Toyah Independent School District Series 2023: | |||
5% 2/15/31 | 2,200 | 2,394 | |
5% 2/15/32 | 2,750 | 2,992 | |
5% 2/15/33 | 2,200 | 2,393 | |
Plano Gen. Oblig. Series 2018, 3.37% 9/1/37 | 3,485 | 3,475 | |
Plano Independent School District Series 2023: | |||
5% 2/15/34 | 650 | 782 | |
5% 2/15/35 | 2,000 | 2,391 | |
5% 2/15/36 | 2,800 | 3,316 | |
5% 2/15/37 | 3,125 | 3,664 | |
5% 2/15/38 | 3,300 | 3,806 | |
Prosper Independent School District Series 2021 A: | |||
3% 2/15/36 | 4,780 | 4,669 | |
3% 2/15/37 | 1,370 | 1,308 | |
Rockwall Independent School District Series 2015, 0% 2/15/25 | 1,615 | 1,559 | |
San Antonio Arpt. Sys. Rev. Series 2019 A: | |||
5% 7/1/27 (c) | 2,380 | 2,513 | |
5% 7/1/28 (c) | 1,085 | 1,168 | |
5% 7/1/29 (c) | 1,270 | 1,388 | |
5% 7/1/29 (c) | 3,200 | 3,486 | |
5% 7/1/30 (c) | 1,235 | 1,342 | |
5% 7/1/30 (c) | 1,510 | 1,641 | |
5% 7/1/31 (c) | 2,310 | 2,509 | |
5% 7/1/31 (c) | 1,250 | 1,358 | |
5% 7/1/32 (c) | 950 | 1,031 | |
5% 7/1/32 (c) | 1,195 | 1,297 | |
San Antonio Elec. & Gas Sys. Rev.: | |||
Series 2012, 5.25% 2/1/25 | 3,110 | 3,188 | |
Series 2017: | |||
5% 2/1/29 | 1,455 | 1,572 | |
5% 2/1/30 | 970 | 1,046 | |
5% 2/1/31 | 1,455 | 1,566 | |
5% 2/1/33 | 1,165 | 1,249 | |
Series 2019, 5% 2/1/36 | 5,980 | 6,709 | |
San Antonio Gen. Oblig. Series 2021, 4% 8/1/33 | 3,145 | 3,358 | |
San Antonio Wtr. Sys. Rev.: | |||
Series 2019 C, 5% 5/15/34 | 1,550 | 1,754 | |
Series 2022 A: | |||
5% 5/15/40 | 2,730 | 3,091 | |
5% 5/15/41 | 2,485 | 2,802 | |
Series 2022 B: | |||
5% 5/15/32 | 730 | 869 | |
5% 5/15/33 | 675 | 800 | |
5% 5/15/35 | 1,460 | 1,717 | |
5% 5/15/36 | 1,590 | 1,851 | |
Spring Branch Independent School District Series 2019, 3% 2/1/32 | 5,315 | 5,330 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev. Bonds (Baylor Scott & White Health Proj.) Series 2022 F, 5%, tender 11/15/30 (b) | 8,030 | 9,013 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Retirement Facility Rev. (Barton Creek Sr. Living Ctr., Inc. Querencia Proj.) Series 2015, 5% 11/15/30 | 6,130 | 6,070 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Rev.: | |||
Series 2016 A: | |||
5% 2/15/25 | 5,585 | 5,704 | |
5% 2/15/34 | 2,040 | 2,145 | |
Series 2018 B, 5% 7/1/43 | 3,100 | 3,258 | |
Tarrant County Tex Hosp. District Series 2023: | |||
5% 8/15/33 | 1,105 | 1,299 | |
5.25% 8/15/35 | 1,635 | 1,941 | |
5.25% 8/15/36 | 1,000 | 1,179 | |
5.25% 8/15/37 | 1,000 | 1,169 | |
5.25% 8/15/38 | 1,220 | 1,410 | |
5.25% 8/15/39 | 1,750 | 2,008 | |
Texas A&M Univ. Rev.: | |||
Series 2021 A, 4% 5/15/34 | 1,000 | 1,081 | |
Series 2022: | |||
5% 5/15/32 | 1,000 | 1,197 | |
5% 5/15/33 | 1,000 | 1,186 | |
5% 5/15/34 | 1,250 | 1,479 | |
5% 5/15/35 | 1,000 | 1,179 | |
Texas Dept. of Hsg. & Cmnty. Affairs Multi-family Hsg. Rev. Series 2019, 2.95% 7/1/36 | 6,221 | 5,594 | |
Texas Dept. of Hsg. & Cmnty. Affairs Residential Mtg. Rev. Series 2023 B, 6% 1/1/54 | 16,235 | 18,072 | |
Texas Dept. of Hsg. & Cmnty. Affairs Single Family Mtg. Rev. Series 2019 A, 4% 3/1/50 | 4,545 | 4,550 | |
Texas Gen. Oblig.: | |||
Series 2013 B, 5% 8/1/25 (c) | 11,725 | 11,740 | |
Series 2014, 5% 8/1/26 (c) | 5,020 | 5,063 | |
Series 2016, 5.5% 8/1/26 (c) | 3,750 | 3,973 | |
Series 2017, 3% 8/1/34 (c) | 2,755 | 2,683 | |
Series 2020 A, 4% 8/1/32 (c) | 1,700 | 1,788 | |
Series 2020 B: | |||
4% 8/1/28 (c) | 4,340 | 4,522 | |
4% 8/1/29 (c) | 5,605 | 5,887 | |
4% 8/1/30 (c) | 5,885 | 6,227 | |
4% 8/1/31 (c) | 6,180 | 6,581 | |
Series 2021 A: | |||
5% 8/1/30 (c) | 5,720 | 6,394 | |
5% 8/1/31 (c) | 6,175 | 6,991 | |
5% 8/1/32 (c) | 6,480 | 7,326 | |
5% 8/1/33 (c) | 4,805 | 5,425 | |
Series 2021 B, 5% 8/1/32 (c) | 4,915 | 5,631 | |
Texas Muni. Gas Acquisition & Su Bonds Series 2023 B, 5.5%, tender 1/1/34 (b) | 4,835 | 5,373 | |
Texas Muni. Pwr. Agcy. Rev. Series 2021, 3% 9/1/34 (Assured Guaranty Muni. Corp. Insured) | 1,125 | 1,084 | |
Texas Private Activity Bond Surface Trans. Corp.: | |||
(LBJ Infrastructure Group LLC I-635 Managed Lanes Proj.) Series 2020 A: | |||
4% 6/30/33 | 2,750 | 2,842 | |
4% 12/31/33 | 1,710 | 1,767 | |
4% 6/30/34 | 4,000 | 4,123 | |
4% 12/31/34 | 4,000 | 4,119 | |
4% 6/30/35 | 4,000 | 4,103 | |
4% 6/30/36 | 1,290 | 1,317 | |
4% 12/31/36 | 2,965 | 3,028 | |
Series 2023: | |||
5% 6/30/34 (c) | 2,110 | 2,258 | |
5% 12/31/34 (c) | 2,655 | 2,834 | |
5.125% 6/30/35 (c) | 2,185 | 2,343 | |
5.125% 12/31/35 (c) | 2,095 | 2,242 | |
5.25% 6/30/36 (c) | 2,310 | 2,477 | |
5.25% 12/31/36 (c) | 1,965 | 2,105 | |
5.375% 6/30/37 (c) | 1,275 | 1,368 | |
Texas Pub. Fin. Auth. Lease Rev. Series 2019: | |||
5% 2/1/24 | 1,130 | 1,132 | |
5% 2/1/26 | 2,600 | 2,725 | |
5% 2/1/27 | 2,500 | 2,685 | |
5% 2/1/28 | 1,315 | 1,445 | |
Texas State Univ. Sys. Fing. Rev. Series 2017 A, 5% 3/15/29 | 4,530 | 4,877 | |
Texas Trans. Commission Hwy. Impt. Gen. Oblig. Bonds Series 2014 B, 0.65%, tender 4/1/26 (b) | 44,145 | 41,046 | |
Texas Wtr. Dev. Board Rev.: | |||
Series 2017 A: | |||
5% 4/15/25 | 6,055 | 6,229 | |
5% 4/15/26 | 4,195 | 4,423 | |
5% 4/15/29 | 6,310 | 6,885 | |
5% 4/15/30 | 16,995 | 18,527 | |
Series 2018 A, 4% 10/15/32 | 7,000 | 7,311 | |
Series 2018 B: | |||
4% 10/15/36 | 9,840 | 10,185 | |
5% 4/15/29 | 2,750 | 3,062 | |
5% 10/15/29 | 2,250 | 2,505 | |
5% 10/15/30 | 3,240 | 3,601 | |
5% 4/15/31 | 5,000 | 5,555 | |
Series 2019 A, 5% 4/15/32 | 3,805 | 4,322 | |
Series 2019: | |||
5% 8/1/30 | 8,650 | 9,817 | |
5% 8/1/31 | 4,500 | 5,096 | |
5% 8/1/32 | 3,000 | 3,394 | |
5% 8/1/33 | 3,450 | 3,900 | |
5% 8/1/34 | 4,500 | 5,079 | |
5% 8/1/35 | 5,500 | 6,191 | |
Series 2020, 5% 8/1/30 | 3,210 | 3,717 | |
Series 2021, 4% 8/1/35 | 6,945 | 7,488 | |
Series 2022: | |||
5% 4/15/32 | 1,000 | 1,190 | |
5% 10/15/32 | 1,350 | 1,621 | |
5% 4/15/33 | 850 | 1,019 | |
5% 10/15/33 | 1,300 | 1,558 | |
Travis County Gen. Oblig.: | |||
Series 2016 A, 5% 3/1/24 | 2,905 | 2,914 | |
Series 2019 A: | |||
5% 3/1/34 | 5,645 | 6,290 | |
5% 3/1/35 | 17,080 | 18,976 | |
5% 3/1/36 | 5,000 | 5,534 | |
Travis County Hsg. Fin. Corp. Bonds Series 2023, 3.75%, tender 8/1/25 (b) | 2,230 | 2,238 | |
Univ. of Houston Univ. Revs.: | |||
Series 2017 A, 5% 2/15/30 | 6,325 | 6,611 | |
Series 2021 A, 2% 2/15/33 | 4,105 | 3,650 | |
Univ. of North Texas Univ. Rev. Series 2022 A: | |||
5% 4/15/32 | 540 | 637 | |
5% 4/15/33 | 520 | 610 | |
5% 4/15/34 | 720 | 844 | |
5% 4/15/35 | 755 | 882 | |
5% 4/15/36 | 720 | 835 | |
5% 4/15/37 | 950 | 1,093 | |
5% 4/15/38 | 1,095 | 1,249 | |
5% 4/15/39 | 1,190 | 1,348 | |
Univ. of Texas Board of Regents Sys. Rev. Series 2019 A, 5% 8/15/29 | 3,060 | 3,487 | |
Univ. of Texas Permanent Univ. Fund Rev.: | |||
Series 2016 B, 5% 7/1/29 | 1,740 | 1,831 | |
Series 2023 A: | |||
5% 7/1/32 | 13,135 | 15,784 | |
5% 7/1/33 | 9,375 | 11,454 | |
Waco Gen. Oblig.: | |||
Series 2020: | |||
2% 2/1/33 | 3,330 | 2,912 | |
2.125% 2/1/35 | 2,240 | 1,933 | |
2.375% 2/1/38 | 1,675 | 1,419 | |
2.375% 2/1/39 | 3,800 | 3,154 | |
Series 2023 A, 4% 2/1/39 | 3,990 | 4,153 | |
Wichita Falls Independent School District Series 2021, 4% 2/1/24 | 1,000 | 1,001 | |
Willis Independent School District Series 2021, 2% 2/15/36 | 1,700 | 1,414 | |
TOTAL TEXAS | 1,423,757 | ||
Utah - 0.3% | |||
Intermountain Pwr. Agcy. Pwr. Supply Rev. Series 2022 A, 4% 7/1/36 | 4,890 | 5,242 | |
Salt Lake City Arpt. Rev.: | |||
Series 2017 A: | |||
5% 7/1/26 (c) | 1,120 | 1,166 | |
5% 7/1/28 (c) | 3,885 | 4,106 | |
5% 7/1/32 (c) | 1,215 | 1,281 | |
Series 2018 A: | |||
5% 7/1/29 (c) | 1,500 | 1,616 | |
5% 7/1/30 (c) | 1,345 | 1,443 | |
Series 2021 A, 4% 7/1/38 (c) | 5,000 | 5,026 | |
Series 2023 A: | |||
5.25% 7/1/36 (c) | 1,500 | 1,731 | |
5.25% 7/1/39 (c) | 1,500 | 1,680 | |
5.25% 7/1/40 (c) | 2,125 | 2,365 | |
Salt Lake Gen. Oblig. Series 2021: | |||
3% 6/15/37 | 1,055 | 1,022 | |
3% 6/15/38 | 1,085 | 1,021 | |
3% 6/15/39 | 1,120 | 1,038 | |
Weber School District Utah (Utah School District Bond Guaranty Prog.) Series 2019: | |||
2.375% 6/15/35 | 1,825 | 1,642 | |
2.375% 6/15/36 | 1,150 | 1,016 | |
TOTAL UTAH | 31,395 | ||
Vermont - 0.0% | |||
Vermont Student Assistant Corp. Ed. Ln. Rev. Series 2017 A, 5% 6/15/27 (c) | 1,590 | 1,677 | |
Virginia - 1.9% | |||
Arlington County IDA Hosp. Facilities: | |||
Bonds Series 2023 A, 5%, tender 7/1/31 (b) | 13,255 | 14,735 | |
Series 2020: | |||
5% 7/1/27 | 120 | 128 | |
5% 7/1/28 | 1,175 | 1,280 | |
5% 7/1/30 | 1,265 | 1,423 | |
5% 7/1/32 | 1,005 | 1,124 | |
Chesapeake Wtr. & Swr. Sys. Series 2021, 2% 7/1/37 | 1,395 | 1,124 | |
Chesapeake Gen. Oblig. Series 2020 A: | |||
5% 8/1/31 | 1,500 | 1,748 | |
5% 8/1/32 | 1,500 | 1,745 | |
5% 8/1/33 | 1,500 | 1,742 | |
Fairfax County Redev. & Hsg. Auth. Rev. Bonds (Dominion Square North Proj.) Series 2023, 5%, tender 1/1/28 (b) | 4,440 | 4,696 | |
Fredericksburg Econ. Dev. Auth. Rev. Series 2014: | |||
5% 6/15/27 | 1,260 | 1,268 | |
5% 6/15/29 | 1,385 | 1,395 | |
5% 6/15/33 | 1,475 | 1,484 | |
Hampton Roads Trans. Accountability Commission: | |||
Series 2018 A, 5.5% 7/1/57 (Pre-Refunded to 1/1/28 @ 100) | 3,725 | 4,173 | |
Series 2021 A, 5% 7/1/26 (Escrowed to Maturity) | 28,000 | 29,464 | |
Henrico County Series 2020 A, 2% 8/1/32 | 1,095 | 984 | |
Manassas Series 2021: | |||
1.75% 1/1/35 | 2,615 | 2,170 | |
1.75% 1/1/36 | 2,640 | 2,139 | |
2% 1/1/34 | 2,555 | 2,232 | |
Norfolk Econ. Dev. Auth. Hosp. Facilities Rev. Bonds Series 2018 A, 5%, tender 11/1/28 (b) | 1,455 | 1,602 | |
Stafford County Econ. Dev. Auth. Hosp. Facilities Rev. Series 2016: | |||
4% 6/15/37 | 615 | 617 | |
5% 6/15/32 | 1,750 | 1,811 | |
5% 6/15/34 | 2,235 | 2,304 | |
Virginia College Bldg. Auth. Edl. Facilities Rev.: | |||
(21st Century College and Equip. Progs.): | |||
Series 2017 C, 5% 2/1/26 | 5,540 | 5,825 | |
Series 2017 E, 5% 2/1/31 | 10,295 | 11,338 | |
Series 2020 A: | |||
5% 2/1/34 | 1,050 | 1,204 | |
5% 2/1/35 | 2,500 | 2,865 | |
Series 2021 A, 3% 2/1/39 | 2,670 | 2,438 | |
(Virginia Gen. Oblig.) Series 2017 E, 5% 2/1/30 | 8,875 | 9,793 | |
Series 2017 C, 4% 2/1/34 | 6,890 | 7,136 | |
Series 2019 A, 3% 2/1/36 | 3,445 | 3,361 | |
Virginia College Bldg. Auth. Edl. Facilities Rev. Rfdg. (Pub. Higher Ed. Fing. Prog.) Series 2023 A, 4% 9/1/41 | 4,100 | 4,239 | |
Virginia Commonwealth Trans. Board Rev.: | |||
(Virginia Gen. Oblig. Proj.) Series 2017 A, 5% 5/15/29 | 6,160 | 6,740 | |
Series 2022, 4% 5/15/33 | 6,530 | 7,222 | |
Virginia Small Bus. Fing. Auth.: | |||
(95 Express Lanes LLC Proj.) Series 2022: | |||
4% 1/1/39 (c) | 1,850 | 1,808 | |
4% 7/1/39 (c) | 2,750 | 2,685 | |
4% 1/1/40 (c) | 3,200 | 3,105 | |
5% 7/1/33 (c) | 5,765 | 6,323 | |
5% 7/1/36 (c) | 2,875 | 3,110 | |
5% 1/1/37 (c) | 6,265 | 6,752 | |
(Elizabeth River Crossings OpCo, LLC Proj.) Series 2022: | |||
4% 7/1/33 (c) | 1,590 | 1,620 | |
4% 7/1/35 (c) | 2,540 | 2,571 | |
4% 1/1/36 (c) | 3,000 | 3,032 | |
4% 1/1/37 (c) | 4,500 | 4,512 | |
4% 1/1/38 (c) | 4,750 | 4,690 | |
4% 1/1/39 (c) | 4,000 | 3,930 | |
4% 1/1/40 (c) | 3,500 | 3,424 | |
Series 2020 A: | |||
5% 1/1/28 | 1,100 | 1,153 | |
5% 1/1/29 | 1,400 | 1,484 | |
5% 1/1/30 | 1,600 | 1,710 | |
Virginia St Pub. School Auth. Spl. O Series 2023: | |||
5% 8/1/36 | 1,000 | 1,206 | |
5% 8/1/37 | 5,090 | 6,076 | |
5% 8/1/38 | 2,370 | 2,796 | |
5% 8/1/39 | 2,510 | 2,942 | |
Winchester Econ. Dev. Auth. Series 2015: | |||
5% 1/1/32 | 1,940 | 2,005 | |
5% 1/1/33 | 2,515 | 2,599 | |
TOTAL VIRGINIA | 213,082 | ||
Washington - 2.5% | |||
Chelan County Pub. Util. District #1 Columbia River-Rock Island Hydro-Elec. Sys. Rev. Series 1997 A, 0% 6/1/24 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,990 | 1,965 | |
Energy Northwest Elec. Rev. Series 2022 A, 5% 7/1/33 | 5,750 | 6,904 | |
King County Gen. Oblig. Series 2021 A: | |||
2% 1/1/36 | 1,100 | 926 | |
2% 1/1/37 | 965 | 790 | |
King County Highline School District # 401 Series 2023: | |||
5% 12/1/38 | 1,750 | 2,042 | |
5% 12/1/39 | 2,750 | 3,189 | |
5% 12/1/40 | 3,200 | 3,685 | |
King County Wash Hsg. Auth. Afford (Kirkland Heights Proj.): | |||
Series 2023 A1, 5% 1/1/28 | 3,120 | 3,230 | |
Series 2023 A2, 5% 1/1/28 | 1,555 | 1,641 | |
Port of Seattle Rev.: | |||
Series 2013, 5% 7/1/24 (c) | 1,075 | 1,076 | |
Series 2016 B: | |||
5% 10/1/26 (c) | 3,625 | 3,762 | |
5% 10/1/29 (c) | 4,615 | 4,769 | |
Series 2016: | |||
5% 2/1/27 | 1,205 | 1,257 | |
5% 2/1/29 | 2,430 | 2,533 | |
Series 2018 A: | |||
5% 5/1/29 (c) | 1,515 | 1,593 | |
5% 5/1/37 (c) | 2,290 | 2,375 | |
Series 2019, 5% 4/1/28 (c) | 2,250 | 2,411 | |
Seattle Hsg. Auth. Rev. (Northgate Plaza Proj.) Series 2021, 1% 6/1/26 | 4,345 | 4,069 | |
Seattle Muni. Lt. & Pwr. Rev. Series 2021 A, 4% 7/1/35 | 8,490 | 9,132 | |
Tacoma Elec. Sys. Rev. Series 2017: | |||
5% 1/1/29 | 1,050 | 1,121 | |
5% 1/1/36 | 1,140 | 1,206 | |
Tobacco Settlement Auth. Rev. Series 2018, 5% 6/1/24 | 3,430 | 3,432 | |
Washington Convention Ctr. Pub. Facilities: | |||
Series 2021 B, 3% 7/1/43 | 2,150 | 1,752 | |
Series 2021, 4% 7/1/31 | 40,650 | 40,461 | |
Washington Gen. Oblig.: | |||
Series 2018 A, 5% 8/1/32 | 14,420 | 15,545 | |
Series 2018 C, 5% 8/1/30 | 6,665 | 7,202 | |
Series 2018 D: | |||
5% 8/1/32 | 24,300 | 26,197 | |
5% 8/1/33 | 30,735 | 33,123 | |
Series 2019 B, 5% 6/1/34 | 3,300 | 3,638 | |
Series 2020 C, 5% 2/1/37 | 9,530 | 10,750 | |
Series 2021 A, 5% 6/1/38 | 2,250 | 2,523 | |
Series 2021 B, 5% 6/1/37 | 1,390 | 1,573 | |
Series 2022 A, 5% 8/1/36 | 7,250 | 8,560 | |
Series 2022 C, 4% 7/1/35 | 9,630 | 10,479 | |
Series 2022 D, 4% 7/1/35 | 4,120 | 4,483 | |
Series 2023 A, 5% 8/1/35 | 1,435 | 1,707 | |
Series 2023 B, 5% 2/1/39 | 1,275 | 1,475 | |
Series R-2017 A: | |||
5% 8/1/28 | 1,735 | 1,837 | |
5% 8/1/30 | 1,735 | 1,833 | |
Washington Health Care Facilities Auth. Rev.: | |||
(Overlake Hosp. Med. Ctr., WA. Proj.) Series 2017 B: | |||
5% 7/1/25 | 240 | 243 | |
5% 7/1/26 | 1,935 | 1,981 | |
5% 7/1/29 | 3,100 | 3,233 | |
5% 7/1/34 | 610 | 633 | |
5% 7/1/42 | 5,305 | 5,404 | |
(Providence Health Systems Proj.) Series 2018 B: | |||
5% 10/1/27 | 2,430 | 2,587 | |
5% 10/1/28 | 2,045 | 2,215 | |
(Virginia Mason Med. Ctr. Proj.) Series 2017: | |||
5% 8/15/25 | 1,300 | 1,325 | |
5% 8/15/26 | 1,175 | 1,211 | |
5% 8/15/28 | 3,825 | 4,001 | |
(Virginia Mason Med. Ctr. Proj.) Series 2017, 5% 8/15/31 | 5,780 | 6,019 | |
Series 2015, 5% 1/1/29 (Pre-Refunded to 7/1/25 @ 100) | 1,260 | 1,298 | |
Series 2017, 5% 8/15/32 | 1,520 | 1,580 | |
Series 2019 A1: | |||
5% 8/1/31 | 1,000 | 1,094 | |
5% 8/1/35 | 1,500 | 1,629 | |
Series 2019 A2, 5% 8/1/44 | 5,995 | 6,243 | |
Washington Higher Ed. Facilities Auth. Rev.: | |||
(Whitworth Univ. Proj.): | |||
Series 2016 A: | |||
5% 10/1/29 | 550 | 573 | |
5% 10/1/31 | 2,635 | 2,738 | |
5% 10/1/33 | 560 | 581 | |
Series 2019, 4% 10/1/49 | 5,235 | 4,622 | |
Series 2016 A, 5% 10/1/30 | 2,510 | 2,612 | |
TOTAL WASHINGTON | 288,068 | ||
West Virginia - 0.0% | |||
West Virginia Hosp. Fin. Auth. Hosp. Rev. Series 2018 A, 5% 1/1/36 | 3,000 | 3,071 | |
Wisconsin - 1.7% | |||
Blue Ridge Healthcare Pub. Fin. Auth. Series 2020 A: | |||
5% 1/1/31 | 1,050 | 1,135 | |
5% 1/1/34 | 1,000 | 1,075 | |
5% 1/1/38 | 1,050 | 1,103 | |
Howard Suamico Scd Series 2021, 2% 3/1/37 | 4,410 | 3,570 | |
Kohler Wis School District Series 2021: | |||
2% 3/1/35 | 1,135 | 967 | |
2% 3/1/36 | 1,160 | 965 | |
2% 3/1/37 | 1,180 | 954 | |
Madison Gen. Oblig. Series 2020 B: | |||
2% 10/1/31 | 1,130 | 1,017 | |
2% 10/1/33 | 1,130 | 988 | |
Marathon County Wis Series 2021 B, 2.125% 2/1/41 | 1,600 | 1,136 | |
Pub. Fin. Auth. Edl. Facilities Series 2022 A, 5.25% 3/1/42 | 5,655 | 5,916 | |
Pub. Fin. Auth. Hosp. Rev.: | |||
(Renown Reg'l. Med. Ctr. Proj.) Series 2020 A, 4% 6/1/45 | 14,900 | 13,899 | |
Series 2019 A, 5% 10/1/44 | 3,600 | 3,760 | |
Pub. Fin. Auth. Sr. Living Rev. (Mary's Woods At Marylhurst, Inc. Proj.) Series 2017 A: | |||
5% 5/15/30 (d) | 1,135 | 1,110 | |
5.25% 5/15/37 (d) | 535 | 514 | |
5.25% 5/15/42 (d) | 420 | 390 | |
5.25% 5/15/47 (d) | 420 | 379 | |
5.25% 5/15/52 (d) | 790 | 697 | |
Pub. Fin. Auth. Wisconsin Retirement Facility Rev. Series 2018: | |||
5% 10/1/43 (d) | 1,420 | 1,238 | |
5% 10/1/48 (d) | 1,480 | 1,244 | |
5% 10/1/53 (d) | 3,010 | 2,469 | |
Roseman Univ. of Health: | |||
Series 2018 A, 5.35% 12/1/45 | 9,015 | 9,158 | |
Series 2020: | |||
5% 4/1/30 (d) | 400 | 405 | |
5% 4/1/30 (Escrowed to Maturity) (d) | 100 | 110 | |
Wisconsin Ctr. District Tax Rev.: | |||
Series 2020 C: | |||
0% 12/15/29 (Assured Guaranty Muni. Corp. Insured) | 1,050 | 870 | |
0% 12/15/31 (Assured Guaranty Muni. Corp. Insured) | 1,350 | 1,039 | |
0% 12/15/32 (Assured Guaranty Muni. Corp. Insured) | 1,400 | 1,037 | |
0% 12/15/33 (Assured Guaranty Muni. Corp. Insured) | 1,350 | 961 | |
0% 12/15/34 (Assured Guaranty Muni. Corp. Insured) | 1,250 | 854 | |
Series 2020 D: | |||
0% 12/15/28 (Assured Guaranty Muni. Corp. Insured) | 255 | 219 | |
0% 12/15/29 (Assured Guaranty Muni. Corp. Insured) | 390 | 323 | |
0% 12/15/31 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 770 | |
Wisconsin Gen. Oblig.: | |||
Series 2021 2, 5% 5/1/25 | 5,270 | 5,429 | |
Series 2021 A: | |||
5% 5/1/32 | 7,920 | 8,761 | |
5% 5/1/34 | 10,820 | 11,981 | |
5% 5/1/35 | 11,365 | 12,582 | |
Series 2022 4: | |||
5% 5/1/34 | 3,000 | 3,592 | |
5% 5/1/35 | 3,000 | 3,569 | |
Series A, 5% 5/1/30 | 2,915 | 3,064 | |
Wisconsin Health & Edl. Facilities: | |||
Bonds Series 2018 C1, 5%, tender 7/29/26 (b) | 2,515 | 2,628 | |
Series 2014 A: | |||
5% 11/15/24 | 8,510 | 8,609 | |
5% 11/15/27 | 6,515 | 6,613 | |
Series 2014: | |||
5% 5/1/26 | 810 | 814 | |
5% 5/1/28 | 1,750 | 1,759 | |
5% 5/1/29 | 865 | 870 | |
Series 2015, 5% 12/15/27 | 1,175 | 1,194 | |
Series 2016, 4% 2/15/38 (Pre-Refunded to 8/15/25 @ 100) | 1,260 | 1,275 | |
Series 2017 A: | |||
4% 4/1/39 | 5,325 | 5,302 | |
5% 9/1/34 (Pre-Refunded to 9/1/27 @ 100) | 1,800 | 1,945 | |
5% 9/1/36 (Pre-Refunded to 9/1/27 @ 100) | 2,100 | 2,269 | |
Series 2019 B1, 2.825% 11/1/28 | 1,850 | 1,660 | |
Series 2019: | |||
5% 12/15/31 | 1,000 | 1,096 | |
5% 12/15/32 | 1,750 | 1,915 | |
5% 12/15/34 | 1,720 | 1,869 | |
Wisconsin Health & Edl. Facilities Auth. Rev.: | |||
Series 2012: | |||
5% 6/1/27 | 1,750 | 1,752 | |
5% 6/1/32 | 995 | 996 | |
5% 6/1/39 | 2,345 | 2,346 | |
Series 2021, 3% 10/15/37 | 7,850 | 6,995 | |
Wisconsin Hsg. & Econ. Dev. Auth.: | |||
Series 2021 A, 3% 3/1/52 | 3,790 | 3,661 | |
Series A, 3.5% 9/1/50 | 6,470 | 6,396 | |
Wisconsin Hsg. & Econ. Dev. Auth. Hsg. Rev. Bonds Series 2021 C: | |||
0.61%, tender 5/1/24 (b) | 985 | 971 | |
0.81%, tender 5/1/25 (b) | 3,800 | 3,632 | |
Wisconsin St Gen. Fund Annual Appropriation Series 2019 A: | |||
5% 5/1/26 (Escrowed to Maturity) | 8,580 | 9,053 | |
5% 5/1/27 (Escrowed to Maturity) | 12,590 | 13,630 | |
TOTAL WISCONSIN | 198,500 | ||
Wyoming - 0.0% | |||
Laramie County Hosp. Rev. (Cheyenne Reg'l. Med. Ctr. Proj.) Series 2021, 4% 5/1/24 | 250 | 251 | |
TOTAL MUNICIPAL BONDS (Cost $10,984,448) | 10,880,359 | ||
Municipal Notes - 0.7% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Georgia - 0.1% | |||
Bartow County Dev. Auth. (Georgia Pwr. Co. Plant Bowen Proj.) Series 2022, 4.3% 1/2/24, VRDN (b)(c) | 7,100 | 7,100 | |
Kentucky - 0.4% | |||
Meade County Indl. Bldg. Rev. (Nucor Steel Brandenburg Proj.): | |||
Series 2020 A1, 5.1% 1/2/24, VRDN (b)(c) | 34,000 | 34,000 | |
Series 2020 B1, 5.1% 1/2/24, VRDN (b)(c) | 18,600 | 18,600 | |
TOTAL KENTUCKY | 52,600 | ||
North Carolina - 0.2% | |||
Hertford County Indl. Facilities Poll. Cont. Fing. Auth. (Nucor Corp. Proj.) Series 2000 A, 4.55% 1/5/24, VRDN (b)(c) | 19,500 | 19,500 | |
Vermont - 0.0% | |||
Vermont Hsg. Fin. Agcy. Multi-family Participating VRDN Series Floater MIZ 91 46, 4.42% 1/2/24 (Liquidity Facility Mizuho Cap. Markets LLC) (b)(g)(h) | 6,647 | 6,647 | |
TOTAL MUNICIPAL NOTES (Cost $85,847) | 85,847 | ||
Money Market Funds - 3.9% | |||
Shares | Value ($) (000s) | ||
Fidelity Municipal Cash Central Fund 4.24% (i)(j) (Cost $454,138) | 454,065,143 | 454,142 | |
TOTAL INVESTMENT IN SECURITIES - 99.0% (Cost $11,524,433) | 11,420,348 |
NET OTHER ASSETS (LIABILITIES) - 1.0% | 111,526 |
NET ASSETS - 100.0% | 11,531,874 |
VRDN | - | VARIABLE RATE DEMAND NOTE (A debt instrument that is payable upon demand, either daily, weekly or monthly) |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Private activity obligations whose interest is subject to the federal alternative minimum tax for individuals. |
(d) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $91,248,000 or 0.8% of net assets. |
(e) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(f) | Security or a portion of the security purchased on a delayed delivery or when-issued basis. |
(g) | Provides evidence of ownership in one or more underlying municipal bonds. |
(h) | Coupon rates are determined by re-marketing agents based on current market conditions. |
(i) | Information in this report regarding holdings by state and security types does not reflect the holdings of the Fidelity Municipal Cash Central Fund. |
(j) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate (Amounts in thousands) | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Municipal Cash Central Fund 4.24% | 382,515 | 1,854,630 | 1,783,015 | 12,360 | - | 12 | 454,142 | 18.4% |
Total | 382,515 | 1,854,630 | 1,783,015 | 12,360 | - | 12 | 454,142 | |
Valuation Inputs at Reporting Date: | ||||
Description (Amounts in thousands) | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Municipal Securities | 10,966,206 | - | 10,966,206 | - |
Money Market Funds | 454,142 | 454,142 | - | - |
Total Investments in Securities: | 11,420,348 | 454,142 | 10,966,206 | - |
Statement of Assets and Liabilities | ||||
Amounts in thousands (except per-share amounts) | December 31, 2023 | |||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $11,070,295) | $ | 10,966,206 | ||
Fidelity Central Funds (cost $454,138) | 454,142 | |||
Total Investment in Securities (cost $11,524,433) | $ | 11,420,348 | ||
Cash | 110 | |||
Receivable for fund shares sold | 13,789 | |||
Interest receivable | 136,371 | |||
Distributions receivable from Fidelity Central Funds | 1,185 | |||
Prepaid expenses | 10 | |||
Other receivables | 42 | |||
Total assets | 11,571,855 | |||
Liabilities | ||||
Payable for investments purchased on a delayed delivery basis | $ | 17,486 | ||
Payable for fund shares redeemed | 10,761 | |||
Distributions payable | 8,116 | |||
Accrued management fee | 2,342 | |||
Distribution and service plan fees payable | 34 | |||
Other affiliated payables | 940 | |||
Other payables and accrued expenses | 302 | |||
Total Liabilities | 39,981 | |||
Net Assets | $ | 11,531,874 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 11,672,727 | ||
Total accumulated earnings (loss) | (140,853) | |||
Net Assets | $ | 11,531,874 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($113,907 ÷ 11,171 shares)(a) | $ | 10.20 | ||
Maximum offering price per share (100/96.00 of $10.20) | $ | 10.63 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($11,713 ÷ 1,149 shares)(a) | $ | 10.19 | ||
Maximum offering price per share (100/96.00 of $10.19) | $ | 10.61 | ||
Class C : | ||||
Net Asset Value and offering price per share ($9,789 ÷ 960 shares)(a) | $ | 10.20 | ||
Intermediate Municipal Income : | ||||
Net Asset Value, offering price and redemption price per share ($4,695,105 ÷ 460,783 shares) | $ | 10.19 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($1,587,677 ÷ 155,574 shares) | $ | 10.21 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($5,113,683 ÷ 500,908 shares) | $ | 10.21 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Amounts in thousands | Year ended December 31, 2023 | |||
Investment Income | ||||
Interest | $ | 303,620 | ||
Income from Fidelity Central Funds | 12,360 | |||
Total Income | 315,980 | |||
Expenses | ||||
Management fee | $ | 26,641 | ||
Transfer agent fees | 10,077 | |||
Distribution and service plan fees | 418 | |||
Accounting fees and expenses | 908 | |||
Custodian fees and expenses | 96 | |||
Independent trustees' fees and expenses | 39 | |||
Registration fees | 369 | |||
Audit | 63 | |||
Legal | 12 | |||
Miscellaneous | 117 | |||
Total expenses before reductions | 38,740 | |||
Expense reductions | (9) | |||
Total expenses after reductions | 38,731 | |||
Net Investment income (loss) | 277,249 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (23,082) | |||
Total net realized gain (loss) | (23,082) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 337,653 | |||
Fidelity Central Funds | 12 | |||
Total change in net unrealized appreciation (depreciation) | 337,665 | |||
Net gain (loss) | 314,583 | |||
Net increase (decrease) in net assets resulting from operations | $ | 591,832 |
Statement of Changes in Net Assets | ||||
Amount in thousands | Year ended December 31, 2023 | Year ended December 31, 2022 | ||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 277,249 | $ | 207,940 |
Net realized gain (loss) | (23,082) | (16,455) | ||
Change in net unrealized appreciation (depreciation) | 337,665 | (850,798) | ||
Net increase (decrease) in net assets resulting from operations | 591,832 | (659,313) | ||
Distributions to shareholders | (275,015) | (208,771) | ||
Share transactions - net increase (decrease) | 558,009 | 929,890 | ||
Total increase (decrease) in net assets | 874,826 | 61,806 | ||
Net Assets | ||||
Beginning of period | 10,657,048 | 10,595,242 | ||
End of period | $ | 11,531,874 | $ | 10,657,048 |
Fidelity Advisor® Intermediate Municipal Income Fund Class A |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.90 | $ | 10.79 | $ | 10.87 | $ | 10.64 | $ | 10.25 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .217 | .173 | .157 | .191 | .220 | |||||
Net realized and unrealized gain (loss) | .298 | (.890) | (.059) | .241 | .411 | |||||
Total from investment operations | .515 | (.717) | .098 | .432 | .631 | |||||
Distributions from net investment income | (.215) | (.172) | (.158) | (.191) | (.220) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.215) | (.173) | (.178) | (.202) | (.241) | |||||
Net asset value, end of period | $ | 10.20 | $ | 9.90 | $ | 10.79 | $ | 10.87 | $ | 10.64 |
Total Return C,D | 5.28% | (6.65)% | .91% | 4.11% | 6.20% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .68% | .67% | .64% | .66% | .67% | |||||
Expenses net of fee waivers, if any | .68% | .67% | .64% | .66% | .67% | |||||
Expenses net of all reductions | .68% | .67% | .64% | .66% | .67% | |||||
Net investment income (loss) | 2.18% | 1.71% | 1.46% | 1.79% | 2.09% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 114 | $ | 112 | $ | 166 | $ | 121 | $ | 110 |
Portfolio turnover rate G | 14% | 20% | 11% | 18% | 14% |
Fidelity Advisor® Intermediate Municipal Income Fund Class M |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.90 | $ | 10.78 | $ | 10.87 | $ | 10.63 | $ | 10.24 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .221 | .178 | .162 | .195 | .223 | |||||
Net realized and unrealized gain (loss) | .288 | (.880) | (.070) | .251 | .411 | |||||
Total from investment operations | .509 | (.702) | .092 | .446 | .634 | |||||
Distributions from net investment income | (.219) | (.177) | (.162) | (.195) | (.223) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.219) | (.178) | (.182) | (.206) | (.244) | |||||
Net asset value, end of period | $ | 10.19 | $ | 9.90 | $ | 10.78 | $ | 10.87 | $ | 10.63 |
Total Return C,D | 5.21% | (6.51)% | .85% | 4.24% | 6.24% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .64% | .61% | .60% | .63% | .64% | |||||
Expenses net of fee waivers, if any | .64% | .61% | .60% | .63% | .64% | |||||
Expenses net of all reductions | .64% | .61% | .60% | .63% | .64% | |||||
Net investment income (loss) | 2.22% | 1.77% | 1.49% | 1.82% | 2.12% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 12 | $ | 12 | $ | 11 | $ | 15 | $ | 20 |
Portfolio turnover rate G | 14% | 20% | 11% | 18% | 14% |
Fidelity Advisor® Intermediate Municipal Income Fund Class C |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.91 | $ | 10.79 | $ | 10.88 | $ | 10.65 | $ | 10.25 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .147 | .102 | .079 | .112 | .142 | |||||
Net realized and unrealized gain (loss) | .288 | (.880) | (.070) | .241 | .420 | |||||
Total from investment operations | .435 | (.778) | .009 | .353 | .562 | |||||
Distributions from net investment income | (.145) | (.101) | (.079) | (.112) | (.141) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.145) | (.102) | (.099) | (.123) | (.162) | |||||
Net asset value, end of period | $ | 10.20 | $ | 9.91 | $ | 10.79 | $ | 10.88 | $ | 10.65 |
Total Return C,D | 4.43% | (7.21)% | .09% | 3.34% | 5.52% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.38% | 1.37% | 1.37% | 1.40% | 1.42% | |||||
Expenses net of fee waivers, if any | 1.38% | 1.37% | 1.37% | 1.40% | 1.42% | |||||
Expenses net of all reductions | 1.38% | 1.37% | 1.37% | 1.40% | 1.42% | |||||
Net investment income (loss) | 1.47% | 1.01% | .72% | 1.05% | 1.34% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 10 | $ | 11 | $ | 16 | $ | 27 | $ | 34 |
Portfolio turnover rate G | 14% | 20% | 11% | 18% | 14% |
Fidelity® Intermediate Municipal Income Fund |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.90 | $ | 10.78 | $ | 10.87 | $ | 10.63 | $ | 10.24 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .248 | .204 | .192 | .225 | .254 | |||||
Net realized and unrealized gain (loss) | .288 | (.880) | (.069) | .251 | .411 | |||||
Total from investment operations | .536 | (.676) | .123 | .476 | .665 | |||||
Distributions from net investment income | (.246) | (.203) | (.193) | (.225) | (.254) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.246) | (.204) | (.213) | (.236) | (.275) | |||||
Net asset value, end of period | $ | 10.19 | $ | 9.90 | $ | 10.78 | $ | 10.87 | $ | 10.63 |
Total Return C | 5.51% | (6.27)% | 1.14% | 4.54% | 6.55% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .36% | .35% | .32% | .34% | .35% | |||||
Expenses net of fee waivers, if any | .36% | .35% | .32% | .34% | .35% | |||||
Expenses net of all reductions | .36% | .35% | .32% | .34% | .35% | |||||
Net investment income (loss) | 2.50% | 2.03% | 1.77% | 2.11% | 2.41% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 4,695 | $ | 4,758 | $ | 5,501 | $ | 4,666 | $ | 4,621 |
Portfolio turnover rate F | 14% | 20% | 11% | 18% | 14% |
Fidelity Advisor® Intermediate Municipal Income Fund Class I |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.91 | $ | 10.80 | $ | 10.88 | $ | 10.65 | $ | 10.26 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .241 | .197 | .185 | .217 | .246 | |||||
Net realized and unrealized gain (loss) | .298 | (.889) | (.060) | .242 | .411 | |||||
Total from investment operations | .539 | (.692) | .125 | .459 | .657 | |||||
Distributions from net investment income | (.239) | (.197) | (.185) | (.218) | (.246) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.239) | (.198) | (.205) | (.229) | (.267) | |||||
Net asset value, end of period | $ | 10.21 | $ | 9.91 | $ | 10.80 | $ | 10.88 | $ | 10.65 |
Total Return C | 5.53% | (6.41)% | 1.16% | 4.36% | 6.45% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .43% | .42% | .39% | .41% | .43% | |||||
Expenses net of fee waivers, if any | .43% | .42% | .39% | .41% | .43% | |||||
Expenses net of all reductions | .43% | .42% | .39% | .41% | .43% | |||||
Net investment income (loss) | 2.42% | 1.96% | 1.70% | 2.03% | 2.33% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 1,588 | $ | 1,288 | $ | 1,221 | $ | 1,363 | $ | 1,238 |
Portfolio turnover rate F | 14% | 20% | 11% | 18% | 14% |
Fidelity Advisor® Intermediate Municipal Income Fund Class Z |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 9.92 | $ | 10.80 | $ | 10.89 | $ | 10.65 | $ | 10.26 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .254 | .209 | .198 | .230 | .258 | |||||
Net realized and unrealized gain (loss) | .288 | (.879) | (.069) | .252 | .412 | |||||
Total from investment operations | .542 | (.670) | .129 | .482 | .670 | |||||
Distributions from net investment income | (.252) | (.209) | (.199) | (.231) | (.259) | |||||
Distributions from net realized gain | - | (.001) | (.020) | (.011) | (.021) | |||||
Total distributions | (.252) | (.210) | (.219) | (.242) | (.280) | |||||
Net asset value, end of period | $ | 10.21 | $ | 9.92 | $ | 10.80 | $ | 10.89 | $ | 10.65 |
Total Return C | 5.56% | (6.20)% | 1.19% | 4.59% | 6.59% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .31% | .29% | .27% | .29% | .30% | |||||
Expenses net of fee waivers, if any | .31% | .29% | .27% | .29% | .30% | |||||
Expenses net of all reductions | .31% | .29% | .27% | .29% | .30% | |||||
Net investment income (loss) | 2.55% | 2.09% | 1.83% | 2.16% | 2.46% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 5,114 | $ | 4,476 | $ | 3,680 | $ | 2,923 | $ | 1,756 |
Portfolio turnover rate F | 14% | 20% | 11% | 18% | 14% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Fidelity Intermediate Municipal Income Fund | $39 |
Gross unrealized appreciation | $172,521 |
Gross unrealized depreciation | (273,893) |
Net unrealized appreciation (depreciation) | $(101,372) |
Tax Cost | $11,521,720 |
Capital loss carryforward | $(39,399) |
Net unrealized appreciation (depreciation) on securities and other investments | $(101,372) |
Short-term | $(12,369) |
Long-term | (27,030) |
Total capital loss carryforward | $(39,399) |
December 31, 2023 | December 31,2022 | |
Tax-exempt Income | $275,015 | $207,804 |
Ordinary Income | - | 967 |
Total | $275,015 | $ 208,771 |
Purchases ($) | Sales ($) | |
Fidelity Intermediate Municipal Income Fund | 2,356,242 | 1,462,064 |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |||
Class A | -% | .25% | $285 | $18 | ||
Class M | -% | .25% | 30 | - | ||
Class C | .75% | .25% | 103 | 21 | ||
$418 | $39 | |||||
Retained by FDC | |
Class A | $6 |
Class M | 2 |
Class C A | - B |
$8 |
Amount | % of Class-Level Average Net Assets | |
Class A | $195 | .17 |
Class M | 16 | .13 |
Class C | 13 | .13 |
Intermediate Municipal Income | 4,897 | .10 |
Class I | 2,583 | .18 |
Class Z | 2,373 | .05 |
$10,077 |
% of Average Net Assets | |
Fidelity Intermediate Municipal Income Fund | .01 |
Purchases ($) | Sales ($) | Realized Gain (Loss) ($) | |
Fidelity Intermediate Municipal Income Fund | 100 | 12,400 | - |
Amount | |
Fidelity Intermediate Municipal Income Fund | $20 |
Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Intermediate Municipal Income Fund | ||
Distributions to shareholders | ||
Class A | $2,459 | $2,122 |
Class M | 263 | 199 |
Class C | 149 | 121 |
Intermediate Municipal Income | 116,780 | 99,345 |
Class I | 35,191 | 23,307 |
Class Z | 120,173 | 83,677 |
Total | $275,015 | $208,771 |
Shares | Shares | Dollars | Dollars | |
Year ended December 31, 2023 | Year ended December 31, 2022 | Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Intermediate Municipal Income Fund | ||||
Class A | ||||
Shares sold | 2,518 | 4,281 | $24,920 | $42,635 |
Reinvestment of distributions | 233 | 197 | 2,321 | 1,978 |
Shares redeemed | (2,868) | (8,599) | (28,507) | (85,494) |
Net increase (decrease) | (117) | (4,121) | $(1,266) | $(40,881) |
Class M | ||||
Shares sold | 144 | 488 | $1,455 | $5,040 |
Reinvestment of distributions | 25 | 18 | 247 | 183 |
Shares redeemed | (220) | (333) | (2,187) | (3,277) |
Net increase (decrease) | (51) | 173 | $(485) | $1,946 |
Class C | ||||
Shares sold | 205 | 395 | $2,067 | $3,929 |
Reinvestment of distributions | 15 | 12 | 146 | 117 |
Shares redeemed | (420) | (753) | (4,181) | (7,621) |
Net increase (decrease) | (200) | (346) | $(1,968) | $(3,575) |
Intermediate Municipal Income | ||||
Shares sold | 173,876 | 521,045 | $1,711,975 | $5,206,656 |
Reinvestment of distributions | 6,910 | 6,296 | 68,726 | 62,970 |
Shares redeemed | (200,750) | (556,956) | (1,980,739) | (5,583,276) |
Net increase (decrease) | (19,964) | (29,615) | $(200,038) | $(313,650) |
Class I | ||||
Shares sold | 70,700 | 104,240 | $703,233 | $1,039,398 |
Reinvestment of distributions | 3,236 | 2,132 | 32,215 | 21,327 |
Shares redeemed | (48,280) | (89,552) | (478,046) | (892,199) |
Net increase (decrease) | 25,656 | 16,820 | $257,402 | $168,526 |
Class Z | ||||
Shares sold | 203,049 | 344,261 | $2,026,195 | $3,441,772 |
Reinvestment of distributions | 7,902 | 5,591 | 78,723 | 55,919 |
Shares redeemed | (161,444) | (239,165) | (1,600,554) | (2,380,167) |
Net increase (decrease) | 49,507 | 110,687 | $504,364 | $1,117,524 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (July 1, 2023 to December 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value July 1, 2023 | Ending Account Value December 31, 2023 | Expenses Paid During Period- C July 1, 2023 to December 31, 2023 | |||||||
Fidelity® Intermediate Municipal Income Fund | ||||||||||
Class A | .68% | |||||||||
Actual | $ 1,000 | $ 1,032.60 | $ 3.48 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.78 | $ 3.47 | |||||||
Class M | .64% | |||||||||
Actual | $ 1,000 | $ 1,031.80 | $ 3.28 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.98 | $ 3.26 | |||||||
Class C | 1.37% | |||||||||
Actual | $ 1,000 | $ 1,027.90 | $ 7.00 | |||||||
Hypothetical-B | $ 1,000 | $ 1,018.30 | $ 6.97 | |||||||
Fidelity® Intermediate Municipal Income Fund | .36% | |||||||||
Actual | $ 1,000 | $ 1,034.20 | $ 1.85 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.39 | $ 1.84 | |||||||
Class I | .44% | |||||||||
Actual | $ 1,000 | $ 1,033.80 | $ 2.26 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.99 | $ 2.24 | |||||||
Class Z | .31% | |||||||||
Actual | $ 1,000 | $ 1,034.50 | $ 1.59 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.64 | $ 1.58 | |||||||
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal 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 | |
Abigail P. Johnson | ||
Affirmative | 21,333,918,003.710 | 98.990 |
Withheld | 218,238,294.280 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Jennifer Toolin McAuliffe | ||
Affirmative | 21,341,064,648.470 | 99.020 |
Withheld | 211,091,649.520 | 0.980 |
TOTAL | 21,552,156,297.990 | 100.000 |
Christine J. Thompson | ||
Affirmative | 21,338,732,597.390 | 99.010 |
Withheld | 213,423,700.600 | 0.990 |
TOTAL | 21,552,156,297.990 | 100.000 |
Elizabeth S. Acton | ||
Affirmative | 21,317,028,547.600 | 98.910 |
Withheld | 235,127,750.390 | 1.090 |
TOTAL | 21,552,156,297.990 | 100.000 |
Laura M. Bishop | ||
Affirmative | 21,336,468,393.320 | 99.000 |
Withheld | 215,687,904.670 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Ann E. Dunwoody | ||
Affirmative | 21,320,223,866.150 | 98.920 |
Withheld | 231,932,431.840 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
John Engler | ||
Affirmative | 21,279,172,233.730 | 98.730 |
Withheld | 272,984,064.260 | 1.270 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert F. Gartland | ||
Affirmative | 21,319,450,613.340 | 98.920 |
Withheld | 232,705,684.650 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert W. Helm | ||
Affirmative | 21,334,642,392.210 | 98.990 |
Withheld | 217,513,905.780 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Arthur E. Johnson | ||
Affirmative | 21,298,270,597.120 | 98.820 |
Withheld | 253,885,700.870 | 1.180 |
TOTAL | 21,552,156,297.990 | 100.000 |
Michael E. Kenneally | ||
Affirmative | 20,916,217,437.980 | 97.050 |
Withheld | 635,938,860.010 | 2.950 |
TOTAL | 21,552,156,297.990 | 100.000 |
Mark A. Murray | ||
Affirmative | 21,321,664,592.720 | 98.930 |
Withheld | 230,491,705.270 | 1.070 |
TOTAL | 21,552,156,297.990 | 100.000 |
Carol J. Zierhoffer | ||
Affirmative | 21,337,428,755.990 | 99.000 |
Withheld | 214,727,542.000 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Contents
Average Annual Total Returns | |||
Periods ended December 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 4.00% sales charge) | 2.47% | 0.11% | 0.28% |
Class M (incl. 4.00% sales charge) | 2.60% | 0.13% | 0.29% |
Class C (incl. contingent deferred sales charge) | 4.92% | 0.19% | 0.09% |
Fidelity® Global Credit Fund | 7.14% | 1.20% | 0.95% |
Class I | 7.14% | 1.20% | 0.95% |
Class Z | 7.21% | 1.29% | 0.99% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity® Global Credit Fund, a class of the fund, on December 31, 2013. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg Global Aggregate Credit Index (Hedged USD) performed over the same period. |
Quality Diversification (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Futures and Swaps - 27.3% |
Forward foreign currency contracts - (49.5)% |
Geographic Diversification (% of Fund's net assets) |
* Includes Short-Term investments and Net Other Assets (Liabilities). Percentages are adjusted for the effect of derivatives, if applicable. |
Nonconvertible Bonds - 68.6% | |||
Principal Amount (a) | Value ($) | ||
Australia - 2.3% | |||
AusNet Services Holdings Pty Ltd. 1.625% 3/11/81 (Reg. S) (b) | EUR | 150,000 | 149,180 |
Leighton Finance U.S.A. Pty Ltd. 1.5% 5/28/29 (Reg. S) | EUR | 236,000 | 224,879 |
QBE Insurance Group Ltd.: | |||
2.5% 9/13/38 (Reg. S) (b) | GBP | 150,000 | 161,978 |
6.75% 12/2/44 (Reg. S) (b) | 677,000 | 672,769 | |
TOTAL AUSTRALIA | 1,208,806 | ||
Belgium - 0.4% | |||
KBC Group NV 6.324% 9/21/34 (b)(c) | 200,000 | 211,237 | |
Canada - 0.1% | |||
Alimentation Couche-Tard, Inc. 2.95% 1/25/30 (c) | 54,000 | 48,338 | |
Denmark - 1.3% | |||
Danske Bank A/S: | |||
2.25% 1/14/28 (Reg. S) (b) | GBP | 340,000 | 395,441 |
4.75% 6/21/30 (Reg. S) (b) | EUR | 140,000 | 162,862 |
Jyske Bank A/S 5% 10/26/28 (b) | EUR | 125,000 | 143,375 |
TOTAL DENMARK | 701,678 | ||
Finland - 0.4% | |||
Nordea Bank Abp 4.125% 5/5/28 (Reg. S) | EUR | 200,000 | 227,916 |
France - 4.4% | |||
BNP Paribas SA: | |||
2.159% 9/15/29 (b)(c) | 243,000 | 211,351 | |
2.5% 3/31/32 (Reg. S) (b) | EUR | 400,000 | 417,600 |
BPCE SA 1.5% 1/13/42 (Reg. S) (b) | EUR | 200,000 | 200,128 |
Electricite de France SA: | |||
5.5% 1/25/35 (Reg. S) | GBP | 200,000 | 257,199 |
5.7% 5/23/28 (c) | 200,000 | 206,929 | |
Engie SA 4.25% 9/6/34 (Reg. S) | EUR | 100,000 | 116,993 |
Holding d'Infrastructures et des Metiers de l'Environnement 0.625% 9/16/28 (Reg. S) | EUR | 200,000 | 191,692 |
Lagardere S.C.A. 2.125% 10/16/26 (Reg. S) | EUR | 200,000 | 220,116 |
Societe Generale: | |||
4.75% 11/24/25 (c) | 200,000 | 195,862 | |
6.691% 1/10/34 (b)(c) | 200,000 | 211,193 | |
Technip Energies NV 1.125% 5/28/28 | EUR | 100,000 | 99,512 |
TOTAL FRANCE | 2,328,575 | ||
Germany - 8.1% | |||
ACCENTRO Real Estate AG 5.625% 2/13/26 (Reg. S) | EUR | 495,000 | 212,434 |
AGPS BondCo PLC: | |||
4.625% 1/14/26 (Reg. S) (b) | EUR | 1,300,000 | 495,839 |
5% 4/27/27 (Reg. S) (b) | EUR | 100,000 | 36,430 |
Bayer AG 4.625% 5/26/33 (Reg. S) | EUR | 150,000 | 172,781 |
Bayer U.S. Finance LLC 6.375% 11/21/30 (c) | 200,000 | 205,772 | |
Commerzbank AG 8.625% 2/28/33 (Reg. S) (b) | GBP | 100,000 | 135,399 |
Deutsche Bank AG: | |||
3.25% 5/24/28 (Reg. S) (b) | EUR | 100,000 | 108,004 |
4% 6/24/32 (Reg. S) (b) | EUR | 300,000 | 318,103 |
6.125% 12/12/30 (Reg. S) (b) | GBP | 200,000 | 258,102 |
EnBW Energie Baden-Wuerttemberg AG 1.375% 8/31/81 (Reg. S) (b) | EUR | 300,000 | 282,310 |
KfW: | |||
0% 3/31/27 (Reg. S) | EUR | 271,000 | 276,812 |
0% 12/15/27 (Reg. S) | EUR | 550,000 | 552,760 |
2.875% 6/7/33 (Reg. S) | EUR | 400,000 | 452,937 |
Robert Bosch GmbH 4.375% 6/2/43 (Reg. S) | EUR | 100,000 | 118,349 |
Schaeffler AG 3.375% 10/12/28 (Reg. S) | EUR | 200,000 | 213,614 |
Sirius Real Estate Ltd. 1.125% 6/22/26 (Reg. S) | EUR | 200,000 | 198,945 |
ZF Europe Finance BV 2% 2/23/26 (Reg. S) | EUR | 100,000 | 105,151 |
ZF Finance GmbH 2% 5/6/27 (Reg. S) | EUR | 200,000 | 203,729 |
TOTAL GERMANY | 4,347,471 | ||
Greece - 0.4% | |||
Alpha Bank SA 4.25% 2/13/30 (Reg. S) (b) | EUR | 200,000 | 215,129 |
Hong Kong - 1.6% | |||
AIA Group Ltd. 0.88% 9/9/33 (Reg. S) (b) | EUR | 200,000 | 188,058 |
Prudential Funding Asia PLC 2.95% 11/3/33 (Reg. S) (b) | 742,000 | 650,280 | |
TOTAL HONG KONG | 838,338 | ||
Ireland - 4.2% | |||
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust 3.3% 1/30/32 | 150,000 | 130,549 | |
AIB Group PLC 2.25% 4/4/28 (Reg. S) (b) | EUR | 503,000 | 532,232 |
Avolon Holdings Funding Ltd.: | |||
4.25% 4/15/26 (c) | 379,000 | 366,044 | |
4.375% 5/1/26 (c) | 26,000 | 25,157 | |
Bank of Ireland Group PLC: | |||
1.375% 8/11/31 (Reg. S) (b) | EUR | 556,000 | 572,107 |
2.029% 9/30/27 (b)(c) | 695,000 | 633,703 | |
TOTAL IRELAND | 2,259,792 | ||
Italy - 0.4% | |||
UniCredit SpA 5.861% 6/19/32 (b)(c) | 200,000 | 195,674 | |
Luxembourg - 1.6% | |||
Blackstone Property Partners Europe LP: | |||
1% 5/4/28 (Reg. S) | EUR | 486,000 | 448,936 |
1.75% 3/12/29 (Reg. S) | EUR | 278,000 | 257,891 |
2.625% 10/20/28 (Reg. S) | GBP | 150,000 | 162,919 |
TOTAL LUXEMBOURG | 869,746 | ||
Mexico - 1.7% | |||
Petroleos Mexicanos 6.5% 3/13/27 | 996,000 | 925,658 | |
Netherlands - 1.3% | |||
ING Groep NV: | |||
4.5% 5/23/29 (Reg. S) (b) | EUR | 100,000 | 113,727 |
4.75% 5/23/34 (Reg. S) (b) | EUR | 300,000 | 352,070 |
Rabobank Nederland 4% 1/10/30 (Reg. S) | EUR | 100,000 | 113,962 |
Universal Music Group NV 4% 6/13/31 (Reg. S) | EUR | 100,000 | 115,368 |
TOTAL NETHERLANDS | 695,127 | ||
Poland - 0.6% | |||
GTC Aurora Luxembourg SA 2.25% 6/23/26 (Reg. S) | EUR | 382,000 | 303,841 |
Portugal - 0.5% | |||
Banco Espirito Santo SA 4% (Reg. S) (d)(e) | EUR | 200,000 | 57,405 |
Fidelidade-Companhia de Seguros SA 4.25% 9/4/31 (Reg. S) (b) | EUR | 200,000 | 198,347 |
TOTAL PORTUGAL | 255,752 | ||
Spain - 0.4% | |||
Werfenlife SA 4.625% 6/6/28 (Reg. S) | EUR | 200,000 | 224,903 |
Sweden - 0.8% | |||
Heimstaden AB 4.375% 3/6/27 (Reg. S) | EUR | 300,000 | 136,283 |
Samhallsbyggnadsbolaget I Norden AB: | |||
1.75% 1/14/25 (Reg. S) | EUR | 200,000 | 189,883 |
2.25% 8/12/27 (Reg. S) | EUR | 150,000 | 110,934 |
TOTAL SWEDEN | 437,100 | ||
Switzerland - 6.5% | |||
Cloverie PLC 4.5% 9/11/44 (Reg. S) (b) | 1,004,000 | 989,603 | |
Demeter Investments BV: | |||
5.625% 8/15/52 (Reg. S) (b) | 249,000 | 241,278 | |
5.75% 8/15/50 (Reg. S) (b) | 868,000 | 855,136 | |
UBS Group AG: | |||
2.125% 11/15/29 (Reg. S) (b) | GBP | 347,000 | 391,598 |
4.282% 1/9/28 (c) | 323,000 | 312,855 | |
4.988% 8/5/33 (Reg. S) (b) | 200,000 | 193,366 | |
6.537% 8/12/33 (b)(c) | 250,000 | 266,789 | |
Zurich Finance (Ireland) DAC 3.5% 5/2/52 (Reg. S) (b) | 250,000 | 203,343 | |
TOTAL SWITZERLAND | 3,453,968 | ||
United Kingdom - 11.7% | |||
Admiral Group PLC 8.5% 1/6/34 (Reg. S) | GBP | 100,000 | 139,929 |
Anglian Water (Osprey) Financing PLC 2% 7/31/28 (Reg. S) | GBP | 175,000 | 181,997 |
Barclays PLC 8.407% 11/14/32 (Reg. S) (b) | GBP | 150,000 | 203,761 |
Heathrow Funding Ltd. 2.625% 3/16/28 (Reg. S) | GBP | 272,000 | 308,057 |
HSBC Holdings PLC: | |||
4.787% 3/10/32 (Reg. S) (b) | EUR | 180,000 | 210,014 |
4.856% 5/23/33 (Reg. S) (b) | EUR | 200,000 | 234,196 |
6.8% 9/14/31 (b) | GBP | 100,000 | 137,333 |
8.201% 11/16/34 (Reg. S) (b) | GBP | 100,000 | 140,579 |
InterContinental Hotel Group PLC 3.375% 10/8/28 (Reg. S) | GBP | 130,000 | 154,350 |
John Lewis PLC 6.125% 1/21/25 | GBP | 685,000 | 869,813 |
Lloyds Banking Group PLC: | |||
1.985% 12/15/31 (b) | GBP | 278,000 | 317,850 |
4.75% 9/21/31 (Reg. S) (b) | EUR | 270,000 | 314,853 |
Marks & Spencer PLC 3.75% 5/19/26 (Reg. S) | GBP | 100,000 | 123,460 |
Mobico Group PLC 4.875% 9/26/31 (Reg. S) | EUR | 150,000 | 167,775 |
NatWest Group PLC: | |||
2.105% 11/28/31 (Reg. S) (b) | GBP | 486,000 | 551,601 |
3.622% 8/14/30 (Reg. S) (b) | GBP | 100,000 | 121,885 |
4.771% 2/16/29 (Reg. S) (b) | EUR | 300,000 | 344,166 |
NGG Finance PLC 2.125% 9/5/82 (Reg. S) (b) | EUR | 329,000 | 329,099 |
Rolls-Royce PLC 3.375% 6/18/26 | GBP | 110,000 | 132,999 |
SW Finance I PLC 7.375% 12/12/41 (Reg. S) | GBP | 56,000 | 76,306 |
Tesco Corporate Treasury Services PLC 2.75% 4/27/30 (Reg. S) | GBP | 100,000 | 112,589 |
The Berkeley Group PLC 2.5% 8/11/31 (Reg. S) | GBP | 213,000 | 209,069 |
Travis Perkins PLC 3.75% 2/17/26 (Reg. S) | GBP | 200,000 | 239,889 |
Tritax EuroBox PLC 0.95% 6/2/26 (Reg. S) | EUR | 110,000 | 110,253 |
Vodafone Group PLC: | |||
4.875% 10/3/78 (Reg. S) (b) | GBP | 100,000 | 123,815 |
6.25% 10/3/78 (Reg. S) (b) | 250,000 | 248,438 | |
Whitbread PLC 2.375% 5/31/27 (Reg. S) | GBP | 150,000 | 174,050 |
TOTAL UNITED KINGDOM | 6,278,126 | ||
United States of America - 19.9% | |||
Air Lease Corp. 3.125% 12/1/30 | 191,000 | 167,059 | |
American Airlines, Inc. 3.75% 4/15/27 | 73,273 | 69,082 | |
Ares Capital Corp.: | |||
2.15% 7/15/26 | 208,000 | 189,607 | |
3.25% 7/15/25 | 260,000 | 249,086 | |
4.25% 3/1/25 | 452,000 | 441,855 | |
Blackstone Private Credit Fund 4.875% 4/14/26 | GBP | 396,000 | 482,083 |
Broadcom, Inc. 2.45% 2/15/31 (c) | 190,000 | 162,462 | |
Capital One Financial Corp.: | |||
5.468% 2/1/29 (b) | 44,000 | 43,870 | |
5.817% 2/1/34 (b) | 76,000 | 75,630 | |
Carrier Global Corp. 4.5% 11/29/32 (Reg. S) | EUR | 100,000 | 118,066 |
Centene Corp.: | |||
4.25% 12/15/27 | 396,000 | 381,567 | |
4.625% 12/15/29 | 281,000 | 269,402 | |
Charter Communications Operating LLC/Charter Communications Operating Capital Corp. 4.2% 3/15/28 | 347,000 | 333,303 | |
Cleco Corporate Holdings LLC 3.375% 9/15/29 | 695,000 | 608,996 | |
Discover Financial Services 6.7% 11/29/32 | 15,000 | 15,713 | |
Duke Energy Corp. 3.85% 6/15/34 | EUR | 207,000 | 225,803 |
Elanco Animal Health, Inc. 6.65% 8/28/28 (b) | 243,000 | 251,794 | |
Ford Motor Credit Co. LLC 6.86% 6/5/26 | GBP | 130,000 | 170,818 |
General Motors Financial Co., Inc. 5.15% 8/15/26 (Reg. S) | GBP | 100,000 | 128,024 |
Hudson Pacific Properties LP 3.95% 11/1/27 | 486,000 | 406,838 | |
Huntington Bancshares, Inc. 6.208% 8/21/29 (b) | 150,000 | 154,670 | |
Morgan Stanley 4.656% 3/2/29 (b) | EUR | 100,000 | 114,576 |
MPT Operating Partnership LP/MPT Finance Corp.: | |||
2.5% 3/24/26 | GBP | 150,000 | 155,076 |
3.5% 3/15/31 | 267,000 | 166,841 | |
NextEra Energy Partners LP 4.25% 9/15/24 (c) | 35,000 | 33,863 | |
Omega Healthcare Investors, Inc. 4.75% 1/15/28 | 625,000 | 600,802 | |
Puget Energy, Inc. 4.1% 6/15/30 | 521,000 | 477,353 | |
Sabra Health Care LP 3.2% 12/1/31 | 94,000 | 76,891 | |
SITE Centers Corp. 4.7% 6/1/27 | 382,000 | 375,662 | |
Southern Co. 1.875% 9/15/81 (b) | EUR | 364,000 | 344,134 |
The AES Corp. 2.45% 1/15/31 | 497,000 | 417,500 | |
The Boeing Co. 5.15% 5/1/30 | 313,000 | 318,637 | |
Time Warner Cable LLC 5.875% 11/15/40 | 278,000 | 251,645 | |
Toll Brothers Finance Corp. 4.875% 3/15/27 | 452,000 | 449,376 | |
Universal Health Services, Inc. 2.65% 10/15/30 | 695,000 | 589,310 | |
Vontier Corp. 2.4% 4/1/28 | 695,000 | 608,792 | |
Vornado Realty LP 3.4% 6/1/31 | 79,000 | 61,273 | |
Western Gas Partners LP 4.05% 2/1/30 | 261,000 | 244,072 | |
Zions Bancorp NA 3.25% 10/29/29 | 500,000 | 408,765 | |
TOTAL UNITED STATES OF AMERICA | 10,640,296 | ||
TOTAL NONCONVERTIBLE BONDS (Cost $41,714,548) | 36,667,471 | ||
U.S. Government and Government Agency Obligations - 8.7% | |||
Principal Amount (a) | Value ($) | ||
U.S. Treasury Obligations - 8.7% | |||
U.S. Treasury Bonds: | |||
1.125% 8/15/40 | 1,800,000 | 1,148,910 | |
3.625% 5/15/53 | 1,100,000 | 1,016,984 | |
3.875% 5/15/43 (f) | 1,070,000 | 1,022,119 | |
6.25% 5/15/30 (g) | 750,000 | 847,793 | |
U.S. Treasury Notes 1% 7/31/28 | 700,000 | 615,699 | |
TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $4,586,814) | 4,651,505 | ||
Foreign Government and Government Agency Obligations - 0.9% | |||
Principal Amount (a) | Value ($) | ||
Japan - 0.9% | |||
Japan Government, yield at date of purchase -0.1896% to -0.1796% 2/5/24 to 2/26/24 (Cost $463,135) | JPY | 66,550,000 | 472,078 |
Supranational Obligations - 1.8% | |||
Principal Amount (a) | Value ($) | ||
European Investment Bank: | |||
0% 1/14/31 (Reg. S) | EUR | 390,000 | 362,018 |
0.875% 1/14/28 (Reg. S) | EUR | 550,000 | 572,501 |
TOTAL SUPRANATIONAL OBLIGATIONS (Cost $880,802) | 934,519 | ||
Preferred Securities - 11.3% | |||
Principal Amount (a) | Value ($) | ||
Australia - 0.4% | |||
QBE Insurance Group Ltd. 5.25% (Reg. S) (b)(h) | 200,000 | 191,760 | |
Canada - 0.5% | |||
Bank of Nova Scotia: | |||
CME Term SOFR 3 Month Index + 2.900% 8.3354% (b)(h)(i) | 205,000 | 189,188 | |
4.9% (b)(h) | 82,000 | 78,624 | |
TOTAL CANADA | 267,812 | ||
Czech Republic - 0.3% | |||
CPI Property Group SA 3.75% (Reg. S) (b)(h) | EUR | 590,000 | 153,866 |
Finland - 0.4% | |||
Citycon Oyj 4.496% (Reg. S) (b)(h) | EUR | 243,000 | 216,635 |
France - 0.9% | |||
BNP Paribas SA 6.625% (Reg. S) (b)(h) | 250,000 | 253,209 | |
Electricite de France SA 5.625% (Reg. S) (b)(h) | 220,000 | 224,863 | |
TOTAL FRANCE | 478,072 | ||
Germany - 3.8% | |||
Aroundtown SA 3.375% (Reg. S) (b)(h) | EUR | 1,100,000 | 491,664 |
AT Securities BV USD SWAP SEMI 30/360 5Y INDX + 3.540% 7.747% (Reg. S) (b)(h)(i) | 250,000 | 122,808 | |
Grand City Properties SA 1.5% (Reg. S) (b)(h) | EUR | 1,000,000 | 495,150 |
Volkswagen International Finance NV: | |||
3.375% (Reg. S) (b)(h) | EUR | 100,000 | 110,934 |
3.748% (Reg. S) (b)(h) | EUR | 200,000 | 206,852 |
3.875% (Reg. S) (b)(h) | EUR | 600,000 | 620,093 |
TOTAL GERMANY | 2,047,501 | ||
Ireland - 0.9% | |||
AerCap Holdings NV 5.875% 10/10/79 (b) | 202,000 | 202,146 | |
AIB Group PLC 6.25% (Reg. S) (b)(h) | EUR | 250,000 | 273,576 |
TOTAL IRELAND | 475,722 | ||
Sweden - 0.9% | |||
Heimstaden Bostad AB: | |||
3.248% (Reg. S) (b)(h) | EUR | 625,000 | 371,162 |
3.625% (Reg. S) (b)(h) | EUR | 150,000 | 68,473 |
Samhallsbyggnadsbolaget I Norden AB 2.624% (Reg. S) (b)(h) | EUR | 313,000 | 59,033 |
TOTAL SWEDEN | 498,668 | ||
Switzerland - 0.7% | |||
Credit Suisse Group AG Claim (d)(h) | 1,389,000 | 159,735 | |
UBS Group AG 7% (Reg. S) (b)(h) | 200,000 | 210,511 | |
TOTAL SWITZERLAND | 370,246 | ||
United Kingdom - 2.5% | |||
Barclays PLC: | |||
7.125% (b)(h) | GBP | 200,000 | 248,403 |
8.875% (b)(h) | GBP | 200,000 | 255,028 |
British American Tobacco PLC 3% (Reg. S) (b)(h) | EUR | 388,000 | 382,463 |
Mobico Group PLC 4.25% (Reg. S) (b)(h) | GBP | 100,000 | 116,520 |
SSE PLC 3.74% (Reg. S) (b)(h) | GBP | 278,000 | 342,215 |
TOTAL UNITED KINGDOM | 1,344,629 | ||
TOTAL PREFERRED SECURITIES (Cost $10,984,905) | 6,044,911 | ||
Money Market Funds - 4.5% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.40% (j) (Cost $2,411,186) | 2,410,704 | 2,411,186 | |
TOTAL INVESTMENT IN SECURITIES - 95.8% (Cost $61,041,390) | 51,181,670 |
NET OTHER ASSETS (LIABILITIES) - 4.2% | 2,253,150 |
NET ASSETS - 100.0% | 53,434,820 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Bond Index Contracts | |||||
ASX 10 Year Treasury Bond Index Contracts (Australia) | 3 | Mar 2024 | 238,506 | 6,957 | 6,957 |
Eurex Euro-Bund Contracts (Germany) | 5 | Mar 2024 | 757,420 | 24,045 | 24,045 |
Eurex Euro-Buxl 30 Year Bond Contracts (Germany) | 4 | Mar 2024 | 625,807 | 47,416 | 47,416 |
Eurex Euro-Schatz Contracts (Germany) | 6 | Mar 2024 | 705,722 | 5,424 | 5,424 |
TME 10 Year Canadian Note Contracts (Canada) | 10 | Mar 2024 | 937,172 | 39,423 | 39,423 |
TOTAL BOND INDEX CONTRACTS | 123,265 | ||||
Treasury Contracts | |||||
CBOT 2-Year U.S. Treasury Note Contracts (United States) | 15 | Mar 2024 | 3,088,711 | 30,909 | 30,909 |
CBOT 5-Year U.S. Treasury Note Contracts (United States) | 26 | Mar 2024 | 2,828,109 | 62,848 | 62,848 |
CBOT Long Term U.S. Treasury Bond Contracts (United States) | 54 | Mar 2024 | 6,746,625 | 489,630 | 489,630 |
CBOT Ultra Long Term U.S. Treasury Bond Contracts (United States) | 1 | Mar 2024 | 133,594 | 12,045 | 12,045 |
TOTAL TREASURY CONTRACTS | 595,432 | ||||
TOTAL PURCHASED | 718,697 | ||||
Sold | |||||
Bond Index Contracts | |||||
ICE Long Gilt Contracts (United Kingdom) | 7 | Mar 2024 | 915,900 | (49,049) | (49,049) |
TOTAL FUTURES CONTRACTS | 669,648 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 30.1% | |||||
The notional amount of futures sold as a percentage of Net Assets is 1.7% |
Forward Foreign Currency Contracts | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation/ (Depreciation) ($) | ||
GBP | 299,000 | USD | 381,854 | Citibank, N. A. | 1/12/24 | (714) |
USD | 21,670 | AUD | 33,000 | Brown Brothers Harriman & Co | 1/12/24 | (825) |
USD | 29,422 | CAD | 39,000 | BNP Paribas S.A. | 1/12/24 | (15) |
USD | 29,481 | CAD | 40,000 | Canadian Imperial Bk. of Comm. | 1/12/24 | (710) |
USD | 142,010 | EUR | 129,000 | BNP Paribas S.A. | 1/12/24 | (455) |
USD | 30,717 | EUR | 28,000 | BNP Paribas S.A. | 1/12/24 | (206) |
USD | 27,487 | EUR | 25,000 | BNP Paribas S.A. | 1/12/24 | (122) |
USD | 437,857 | EUR | 396,000 | Bank of America, N.A. | 1/12/24 | 523 |
USD | 16,442,196 | EUR | 15,165,000 | Bank of America, N.A. | 1/12/24 | (305,698) |
USD | 21,596 | EUR | 20,000 | Brown Brothers Harriman & Co | 1/12/24 | (492) |
USD | 81,962 | EUR | 75,000 | Brown Brothers Harriman & Co | 1/12/24 | (867) |
USD | 119,587 | GBP | 94,000 | BNP Paribas S.A. | 1/12/24 | (237) |
USD | 8,439,898 | GBP | 6,686,000 | BNP Paribas S.A. | 1/12/24 | (82,869) |
USD | 102,670 | GBP | 82,000 | Bank of America, N.A. | 1/12/24 | (1,857) |
USD | 29,150 | GBP | 23,000 | Citibank, N. A. | 1/12/24 | (169) |
USD | 464,699 | JPY | 66,650,000 | BNP Paribas S.A. | 1/12/24 | (8,687) |
TOTAL FORWARD FOREIGN CURRENCY CONTRACTS | (403,400) | |||||
Unrealized Appreciation | 523 | |||||
Unrealized Depreciation | (403,923) |
Credit Default Swaps | ||||||||||
Underlying Reference | Maturity Date | Clearinghouse / Counterparty | Fixed Payment Received/ (Paid) | Payment Frequency | Notional Amount(1) | Value ($) | Upfront Premium Received/ (Paid) ($) | Unrealized Appreciation/ (Depreciation) ($) | ||
Buy Protection | ||||||||||
Intesa Sanpaolo SpA | Jun 2028 | JPMorgan Chase Bank, N.A. | (1%) | Quarterly | EUR | 500,000 | (6,367) | 647 | (5,720) | |
AUD | - | Australian dollar |
CAD | - | Canadian dollar |
EUR | - | European Monetary Unit |
GBP | - | British pound sterling |
JPY | - | Japanese yen |
USD | - | U.S. dollar |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $3,287,229 or 6.2% of net assets. |
(d) | Non-income producing - Security is in default. |
(e) | Level 3 security |
(f) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $499,166. |
(g) | Security or a portion of the security has been segregated as collateral for open forward foreign currency contracts. At period end, the value of securities pledged amounted to $260,817. |
(h) | Security is perpetual in nature with no stated maturity date. |
(i) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(j) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.40% | 1,823,614 | 33,738,104 | 33,150,532 | 142,521 | - | - | 2,411,186 | 0.0% |
Fidelity Securities Lending Cash Central Fund 5.40% | - | 244,861 | 244,861 | 19 | - | - | - | 0.0% |
Total | 1,823,614 | 33,982,965 | 33,395,393 | 142,540 | - | - | 2,411,186 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Corporate Bonds | 36,667,471 | - | 36,610,066 | 57,405 |
U.S. Government and Government Agency Obligations | 4,651,505 | - | 4,651,505 | - |
Foreign Government and Government Agency Obligations | 472,078 | - | 472,078 | - |
Supranational Obligations | 934,519 | - | 934,519 | - |
Preferred Securities | 6,044,911 | - | 6,044,911 | - |
Money Market Funds | 2,411,186 | 2,411,186 | - | - |
Total Investments in Securities: | 51,181,670 | 2,411,186 | 48,713,079 | 57,405 |
Derivative Instruments: Assets | ||||
Futures Contracts | 718,697 | 718,697 | - | - |
Forward Foreign Currency Contracts | 523 | - | 523 | - |
Total Assets | 719,220 | 718,697 | 523 | - |
Liabilities | ||||
Futures Contracts | (49,049) | (49,049) | - | - |
Forward Foreign Currency Contracts | (403,923) | - | (403,923) | - |
Swaps | (6,367) | - | (6,367) | - |
Total Liabilities | (459,339) | (49,049) | (410,290) | - |
Total Derivative Instruments: | 259,881 | 669,648 | (409,767) | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Credit Risk | ||
Swaps (a) | 0 | (6,367) |
Total Credit Risk | 0 | (6,367) |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts (b) | 523 | (403,923) |
Total Foreign Exchange Risk | 523 | (403,923) |
Interest Rate Risk | ||
Futures Contracts (c) | 718,697 | (49,049) |
Total Interest Rate Risk | 718,697 | (49,049) |
Total Value of Derivatives | 719,220 | (459,339) |
Statement of Assets and Liabilities | ||||
December 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $58,630,204) | $ | 48,770,484 | ||
Fidelity Central Funds (cost $2,411,186) | 2,411,186 | |||
Total Investment in Securities (cost $61,041,390) | $ | 51,181,670 | ||
Cash | 44,852 | |||
Foreign currency held at value (cost $653,198) | 659,484 | |||
Unrealized appreciation on forward foreign currency contracts | 523 | |||
Receivable for fund shares sold | 1,456,354 | |||
Interest receivable | 661,923 | |||
Distributions receivable from Fidelity Central Funds | 10,561 | |||
Receivable from investment adviser for expense reductions | 1,182 | |||
Total assets | 54,016,549 | |||
Liabilities | ||||
Unrealized depreciation on forward foreign currency contracts | $ | 403,923 | ||
Payable for fund shares redeemed | 123,170 | |||
Bi-lateral OTC swaps, at value | 6,367 | |||
Accrued management fee | 17,177 | |||
Distribution and service plan fees payable | 2,274 | |||
Payable for daily variation margin on futures contracts | 20,831 | |||
Other affiliated payables | 4,900 | |||
Other payables and accrued expenses | 3,087 | |||
Total Liabilities | 581,729 | |||
Net Assets | $ | 53,434,820 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 76,465,412 | ||
Total accumulated earnings (loss) | (23,030,592) | |||
Net Assets | $ | 53,434,820 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($5,534,046 ÷ 731,674 shares)(a) | $ | 7.56 | ||
Maximum offering price per share (100/96.00 of $7.56) | $ | 7.88 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($1,342,790 ÷ 177,490 shares)(a) | $ | 7.57 | ||
Maximum offering price per share (100/96.00 of $7.57) | $ | 7.89 | ||
Class C : | ||||
Net Asset Value and offering price per share ($1,052,372 ÷ 138,969 shares)(a) | $ | 7.57 | ||
Global Credit : | ||||
Net Asset Value, offering price and redemption price per share ($32,617,105 ÷ 4,309,489 shares) | $ | 7.57 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($4,949,109 ÷ 654,052 shares) | $ | 7.57 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($7,939,398 ÷ 1,044,203 shares) | $ | 7.60 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended December 31, 2023 | ||||
Investment Income | ||||
Dividends | $ | 572,057 | ||
Interest | 1,758,624 | |||
Income from Fidelity Central Funds (including $19 from security lending) | 142,540 | |||
Total Income | 2,473,221 | |||
Expenses | ||||
Management fee | $ | 236,154 | ||
Transfer agent fees | 64,865 | |||
Distribution and service plan fees | 27,286 | |||
Independent trustees' fees and expenses | 233 | |||
Miscellaneous | 2,308 | |||
Total expenses before reductions | 330,846 | |||
Expense reductions | (19,638) | |||
Total expenses after reductions | 311,208 | |||
Net Investment income (loss) | 2,162,013 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (7,325,138) | |||
Redemptions in-kind | (4,172,324) | |||
Forward foreign currency contracts | (221,450) | |||
Foreign currency transactions | 84,754 | |||
Futures contracts | (948,914) | |||
Swaps | (14,645) | |||
Total net realized gain (loss) | (12,597,717) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 14,325,435 | |||
Forward foreign currency contracts | (375,701) | |||
Assets and liabilities in foreign currencies | (7,036) | |||
Futures contracts | 729,792 | |||
Swaps | (4,841) | |||
Total change in net unrealized appreciation (depreciation) | 14,667,649 | |||
Net gain (loss) | 2,069,932 | |||
Net increase (decrease) in net assets resulting from operations | $ | 4,231,945 |
Statement of Changes in Net Assets | ||||
Year ended December 31, 2023 | Year ended December 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 2,162,013 | $ | 2,796,965 |
Net realized gain (loss) | (12,597,717) | (4,020,819) | ||
Change in net unrealized appreciation (depreciation) | 14,667,649 | (23,854,568) | ||
Net increase (decrease) in net assets resulting from operations | 4,231,945 | (25,078,422) | ||
Distributions to shareholders | (1,901,556) | (5,718,208) | ||
Distributions to shareholders from tax return of capital | (92,770) | - | ||
Total Distributions | (1,994,326) | (5,718,208) | ||
Share transactions - net increase (decrease) | (34,416,844) | (16,078,546) | ||
Total increase (decrease) in net assets | (32,179,225) | (46,875,176) | ||
Net Assets | ||||
Beginning of period | 85,614,045 | 132,489,221 | ||
End of period | $ | 53,434,820 | $ | 85,614,045 |
Fidelity Advisor® Global Credit Fund Class A |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.61 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .252 | .197 | .159 | .210 | .214 | |||||
Net realized and unrealized gain (loss) | .229 | (2.118) | (.236) | .547 | 1.031 | |||||
Total from investment operations | .481 | (1.921) | (.077) | .757 | 1.245 | |||||
Distributions from net investment income | (.249) | (.408) | (.133) C | (.255) C | (.224) C | |||||
Distributions from net realized gain | - | (.051) | (.090) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.012) | - | - | - | (.009) | |||||
Total distributions | (.261) | (.459) | (.223) | (.347) | (.335) | |||||
Net asset value, end of period | $ | 7.56 | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.61 |
Total Return D,E | 6.74% | (19.93)% | (.76)% | 8.00% | 14.37% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | .88% | 1.24% | 1.20% | 1.27% | 1.49% | |||||
Expenses net of fee waivers, if any | .75% | .95% | .99% | 1.00% | 1.00% | |||||
Expenses net of all reductions | .75% | .95% | .99% | 1.00% | 1.00% | |||||
Net investment income (loss) | 3.44% | 2.38% | 1.61% | 2.14% | 2.28% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 5,534 | $ | 4,778 | $ | 5,643 | $ | 4,643 | $ | 4,739 |
Portfolio turnover rate H | 37% I | 19% | 57% | 59% | 85% |
Fidelity Advisor® Global Credit Fund Class M |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.60 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .254 | .199 | .159 | .210 | .214 | |||||
Net realized and unrealized gain (loss) | .237 | (2.121) | (.237) | .556 | 1.021 | |||||
Total from investment operations | .491 | (1.922) | (.078) | .766 | 1.235 | |||||
Distributions from net investment income | (.249) | (.407) | (.132) C | (.254) C | (.224) C | |||||
Distributions from net realized gain | - | (.051) | (.090) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.012) | - | - | - | (.009) | |||||
Total distributions | (.261) | (.458) | (.222) | (.346) | (.335) | |||||
Net asset value, end of period | $ | 7.57 | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.60 |
Total Return D,E | 6.88% | (19.94)% | (.77)% | 8.10% | 14.25% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | .90% | 1.29% | 1.27% | 1.35% | 1.57% | |||||
Expenses net of fee waivers, if any | .75% | .95% | .99% | 1.00% | 1.00% | |||||
Expenses net of all reductions | .74% | .95% | .99% | 1.00% | 1.00% | |||||
Net investment income (loss) | 3.45% | 2.38% | 1.61% | 2.14% | 2.28% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,343 | $ | 1,366 | $ | 1,983 | $ | 2,062 | $ | 1,939 |
Portfolio turnover rate H | 37% I | 19% | 57% | 59% | 85% |
Fidelity Advisor® Global Credit Fund Class C |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.35 | $ | 9.72 | $ | 10.03 | $ | 9.61 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .198 | .137 | .085 | .136 | .143 | |||||
Net realized and unrealized gain (loss) | .227 | (2.112) | (.246) | .561 | 1.027 | |||||
Total from investment operations | .425 | (1.975) | (.161) | .697 | 1.170 | |||||
Distributions from net investment income | (.195) | (.344) | (.075) C | (.185) C | (.150) C | |||||
Distributions from net realized gain | - | (.051) | (.074) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.010) | - | - | - | (.007) | |||||
Total distributions | (.205) | (.395) | (.149) | (.277) | (.260) D | |||||
Net asset value, end of period | $ | 7.57 | $ | 7.35 | $ | 9.72 | $ | 10.03 | $ | 9.61 |
Total Return E,F | 5.92% | (20.47)% | (1.60)% | 7.33% | 13.47% | |||||
Ratios to Average Net Assets A,G,H | ||||||||||
Expenses before reductions | 1.66% | 2.04% | 2.02% | 2.10% | 2.33% | |||||
Expenses net of fee waivers, if any | 1.50% | 1.70% | 1.74% | 1.75% | 1.75% | |||||
Expenses net of all reductions | 1.50% | 1.70% | 1.74% | 1.75% | 1.75% | |||||
Net investment income (loss) | 2.69% | 1.64% | .86% | 1.39% | 1.53% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,052 | $ | 1,298 | $ | 2,126 | $ | 2,398 | $ | 2,090 |
Portfolio turnover rate I | 37% J | 19% | 57% | 59% | 85% |
Fidelity® Global Credit Fund |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.34 | $ | 9.72 | $ | 10.03 | $ | 9.61 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .272 | .221 | .183 | .234 | .238 | |||||
Net realized and unrealized gain (loss) | .237 | (2.122) | (.247) | .556 | 1.030 | |||||
Total from investment operations | .509 | (1.901) | (.064) | .790 | 1.268 | |||||
Distributions from net investment income | (.266) | (.428) | (.156) C | (.278) C | (.246) C | |||||
Distributions from net realized gain | - | (.051) | (.090) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.013) | - | - | - | (.010) | |||||
Total distributions | (.279) | (.479) | (.246) | (.370) | (.358) | |||||
Net asset value, end of period | $ | 7.57 | $ | 7.34 | $ | 9.72 | $ | 10.03 | $ | 9.61 |
Total Return D | 7.14% | (19.73)% | (.63)% | 8.36% | 14.64% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .50% | .94% | .90% | .95% | 1.10% | |||||
Expenses net of fee waivers, if any | .50% | .70% | .74% | .75% | .75% | |||||
Expenses net of all reductions | .50% | .70% | .74% | .75% | .75% | |||||
Net investment income (loss) | 3.69% | 2.64% | 1.86% | 2.39% | 2.53% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 32,617 | $ | 40,426 | $ | 65,990 | $ | 96,584 | $ | 61,759 |
Portfolio turnover rate G | 37% H | 19% | 57% | 59% | 85% |
Fidelity Advisor® Global Credit Fund Class I |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.61 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .272 | .220 | .184 | .234 | .239 | |||||
Net realized and unrealized gain (loss) | .237 | (2.121) | (.238) | .546 | 1.029 | |||||
Total from investment operations | .509 | (1.901) | (.054) | .780 | 1.268 | |||||
Distributions from net investment income | (.266) | (.428) | (.156) C | (.278) C | (.246) C | |||||
Distributions from net realized gain | - | (.051) | (.090) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.013) | - | - | - | (.010) | |||||
Total distributions | (.279) | (.479) | (.246) | (.370) | (.358) | |||||
Net asset value, end of period | $ | 7.57 | $ | 7.34 | $ | 9.72 | $ | 10.02 | $ | 9.61 |
Total Return D | 7.14% | (19.73)% | (.53)% | 8.25% | 14.64% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .57% | .93% | .91% | .97% | 1.03% | |||||
Expenses net of fee waivers, if any | .50% | .70% | .74% | .75% | .75% | |||||
Expenses net of all reductions | .50% | .70% | .74% | .75% | .75% | |||||
Net investment income (loss) | 3.69% | 2.64% | 1.86% | 2.39% | 2.53% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 4,949 | $ | 4,700 | $ | 8,005 | $ | 9,952 | $ | 4,309 |
Portfolio turnover rate G | 37% H | 19% | 57% | 59% | 85% |
Fidelity Advisor® Global Credit Fund Class Z |
Years ended December 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 7.37 | $ | 9.75 | $ | 10.04 | $ | 9.61 | $ | 8.70 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .290 | .228 | .191 | .244 | .247 | |||||
Net realized and unrealized gain (loss) | .226 | (2.129) | (.235) | .556 | 1.021 | |||||
Total from investment operations | .516 | (1.901) | (.044) | .800 | 1.268 | |||||
Distributions from net investment income | (.273) | (.428) | (.156) C | (.278) C | (.246) C | |||||
Distributions from net realized gain | - | (.051) | (.090) C | (.092) C | (.102) C | |||||
Distributions from tax return of capital | (.013) | - | - | - | (.010) | |||||
Total distributions | (.286) | (.479) | (.246) | (.370) | (.358) | |||||
Net asset value, end of period | $ | 7.60 | $ | 7.37 | $ | 9.75 | $ | 10.04 | $ | 9.61 |
Total Return D | 7.21% | (19.67)% | (.42)% | 8.46% | 14.64% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .46% | .84% | .78% | .91% | 1.05% | |||||
Expenses net of fee waivers, if any | .41% | .61% | .64% | .66% | .66% | |||||
Expenses net of all reductions | .41% | .61% | .64% | .66% | .66% | |||||
Net investment income (loss) | 3.79% | 2.73% | 1.96% | 2.48% | 2.61% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 7,939 | $ | 33,046 | $ | 48,742 | $ | 3,017 | $ | 3,004 |
Portfolio turnover rate G | 37% H | 19% | 57% | 59% | 85% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Gross unrealized appreciation | $784,108 |
Gross unrealized depreciation | (9,877,875) |
Net unrealized appreciation (depreciation) | $(9,093,767) |
Tax Cost | $60,950,109 |
Capital loss carryforward | $(13,953,162) |
Net unrealized appreciation (depreciation) on securities and other investments | $(9,077,431) |
Short-term | $(3,928,352) |
Long-term | (10,024,810) |
Total capital loss carryforward | $(13,953,162) |
December 31, 2023 | December 31, 2022 | |
Ordinary Income | $1,901,556 | $5,027,639 |
Long-term Capital Gains | - | 690,569 |
Tax Return of Capital | 92,770 | - |
Total | $1,994,326 | $5,718,208 |
Credit Risk | Credit risk relates to the ability of the issuer of a financial instrument to make further principal or interest payments on an obligation or commitment that it has to a fund. |
Foreign Exchange Risk | Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates. |
Interest Rate Risk | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss)($) | Change in Net Unrealized Appreciation (Depreciation)($) |
Fidelity Global Credit Fund | ||
Credit Risk | ||
Purchased Options | (290,654) | 61,555 |
Swaps | (14,645) | (4,841) |
Total Credit Risk | (305,299) | 56,714 |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts | (221,450) | (375,701) |
Total Foreign Exchange Risk | (221,450) | (375,701) |
Interest Rate Risk | ||
Futures Contracts | (948,914) | 729,792 |
Total Interest Rate Risk | (948,914) | 729,792 |
Totals | (1,475,663) | 410,805 |
Purchases ($) | Sales ($) | |
Fidelity Global Credit Fund | 11,795,466 | 33,476,371 |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |
Class A | - % | .25% | $12,655 | $ - |
Class M | - % | .25% | 3,308 | 1,356 |
Class C | .75% | .25% | 11,323 | 4,220 |
$27,286 | $5,576 |
Retained by FDC | |
Class A | $168 |
Class M | 81 |
Class C A | 13 |
$262 |
Amount | % of Class-Level Average Net Assets | |
Class A | $11,219 | .22 |
Class M | 3,303 | .25 |
Class C | 2,861 | .25 |
Global Credit | 35,570 | .10 |
Class I | 5,651 | .16 |
Class Z | 6,261 | .05 |
$64,865 |
Shares | Total net realized gain or loss ($) | Total Proceeds ($) | Participating classes | |
Fidelity Global Credit Fund | 3,394,755 | (4,172,324) | 25,630,401 | Class Z |
Total Security Lending Fees Paid to NFS | Security Lending Income From Securities Loaned to NFS | Value of Securities Loaned to NFS at Period End | |
Fidelity Global Credit Fund | $2 | $- | $- |
Expense Limitations | Reimbursement | |
Class A | .75% | $6,144 |
Class M | .75% | 1,979 |
Class C | 1.50% | 1,736 |
Global Credit | .50% | - |
Class I | .50% | 2,251 |
Class Z | .41% | 6,158 |
$18,268 |
Expense reduction | |
Class M | $69 |
Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Global Credit Fund | ||
Distributions to shareholders | ||
Class A | $172,530 | $300,116 |
Class M | 44,387 | 84,332 |
Class C | 28,912 | 72,796 |
Global Credit | 1,245,744 | 2,764,360 |
Class I | 119,953 | 326,732 |
Class Z | 290,030 | 2,169,872 |
Total | $1,901,556 | $5,718,208 |
Tax Return of Capital | ||
Class A | $8,417 | $- |
Class M | 2,166 | - |
Class C | 1,410 | - |
Global Credit | 60,776 | - |
Class I | 5,852 | - |
Class Z | 14,149 | - |
Total | $92,770 | $- |
Shares | Shares | Dollars | Dollars | |
Year ended December 31, 2023 | Year ended December 31, 2022 | Year ended December 31, 2023 | Year ended December 31, 2022 | |
Fidelity Global Credit Fund | ||||
Class A | ||||
Shares sold | 159,405 | 207,668 | $1,173,700 | $1,808,338 |
Reinvestment of distributions | 24,596 | 38,368 | 179,282 | 297,448 |
Shares redeemed | (103,380) | (175,667) | (761,270) | (1,418,729) |
Net increase (decrease) | 80,621 | 70,369 | $591,712 | $687,057 |
Class M | ||||
Shares sold | 5,462 | 12,702 | $40,149 | $107,139 |
Reinvestment of distributions | 6,386 | 10,842 | 46,553 | 84,273 |
Shares redeemed | (20,496) | (41,418) | (151,252) | (354,190) |
Net increase (decrease) | (8,648) | (17,874) | $(64,550) | $(162,778) |
Class C | ||||
Shares sold | 5,518 | 13,017 | $40,810 | $106,505 |
Reinvestment of distributions | 4,093 | 9,244 | 29,876 | 71,882 |
Shares redeemed | (47,331) | (64,213) | (349,506) | (534,214) |
Net increase (decrease) | (37,720) | (41,952) | $(278,820) | $(355,827) |
Global Credit | ||||
Shares sold | 769,367 | 978,612 | $5,701,262 | $8,605,341 |
Reinvestment of distributions | 163,367 | 330,283 | 1,191,689 | 2,580,207 |
Shares redeemed | (2,128,201) | (2,590,700) | (15,706,469) | (21,749,063) |
Net increase (decrease) | (1,195,467) | (1,281,805) | $(8,813,518) | $(10,563,515) |
Class I | ||||
Shares sold | 301,539 | 503,339 | $2,258,916 | $4,497,585 |
Reinvestment of distributions | 16,689 | 40,874 | 121,666 | 319,356 |
Shares redeemed | (304,367) | (727,568) | (2,283,606) | (6,282,582) |
Net increase (decrease) | 13,861 | (183,355) | $96,976 | $(1,465,641) |
Class Z | ||||
Shares sold | 175,130 | 337,091 | $1,301,331 | $2,832,318 |
Reinvestment of distributions | 21,246 | 245,267 | 155,640 | 1,916,374 |
Shares redeemed | (3,636,484) | (1,098,975) | (27,405,615) | (8,966,534) |
Net increase (decrease) | (3,440,108) | (516,617) | $(25,948,644) | $(4,217,842) |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (July 1, 2023 to December 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value July 1, 2023 | Ending Account Value December 31, 2023 | Expenses Paid During Period- C July 1, 2023 to December 31, 2023 | |||||||
Fidelity® Global Credit Fund | ||||||||||
Class A | .75% | |||||||||
Actual | $ 1,000 | $ 1,060.60 | $ 3.90 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.42 | $ 3.82 | |||||||
Class M | .75% | |||||||||
Actual | $ 1,000 | $ 1,062.00 | $ 3.90 | |||||||
Hypothetical-B | $ 1,000 | �� | $ 1,021.42 | $ 3.82 | ||||||
Class C | 1.50% | |||||||||
Actual | $ 1,000 | $ 1,057.60 | $ 7.78 | |||||||
Hypothetical-B | $ 1,000 | $ 1,017.64 | $ 7.63 | |||||||
Fidelity® Global Credit Fund | .50% | |||||||||
Actual | $ 1,000 | $ 1,062.40 | $ 2.60 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.68 | $ 2.55 | |||||||
Class I | .50% | |||||||||
Actual | $ 1,000 | $ 1,063.90 | $ 2.60 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.68 | $ 2.55 | |||||||
Class Z | .41% | |||||||||
Actual | $ 1,000 | $ 1,062.80 | $ 2.13 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.14 | $ 2.09 | |||||||
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal 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 | |
Abigail P. Johnson | ||
Affirmative | 21,333,918,003.710 | 98.990 |
Withheld | 218,238,294.280 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Jennifer Toolin McAuliffe | ||
Affirmative | 21,341,064,648.470 | 99.020 |
Withheld | 211,091,649.520 | 0.980 |
TOTAL | 21,552,156,297.990 | 100.000 |
Christine J. Thompson | ||
Affirmative | 21,338,732,597.390 | 99.010 |
Withheld | 213,423,700.600 | 0.990 |
TOTAL | 21,552,156,297.990 | 100.000 |
Elizabeth S. Acton | ||
Affirmative | 21,317,028,547.600 | 98.910 |
Withheld | 235,127,750.390 | 1.090 |
TOTAL | 21,552,156,297.990 | 100.000 |
Laura M. Bishop | ||
Affirmative | 21,336,468,393.320 | 99.000 |
Withheld | 215,687,904.670 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Ann E. Dunwoody | ||
Affirmative | 21,320,223,866.150 | 98.920 |
Withheld | 231,932,431.840 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
John Engler | ||
Affirmative | 21,279,172,233.730 | 98.730 |
Withheld | 272,984,064.260 | 1.270 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert F. Gartland | ||
Affirmative | 21,319,450,613.340 | 98.920 |
Withheld | 232,705,684.650 | 1.080 |
TOTAL | 21,552,156,297.990 | 100.000 |
Robert W. Helm | ||
Affirmative | 21,334,642,392.210 | 98.990 |
Withheld | 217,513,905.780 | 1.010 |
TOTAL | 21,552,156,297.990 | 100.000 |
Arthur E. Johnson | ||
Affirmative | 21,298,270,597.120 | 98.820 |
Withheld | 253,885,700.870 | 1.180 |
TOTAL | 21,552,156,297.990 | 100.000 |
Michael E. Kenneally | ||
Affirmative | 20,916,217,437.980 | 97.050 |
Withheld | 635,938,860.010 | 2.950 |
TOTAL | 21,552,156,297.990 | 100.000 |
Mark A. Murray | ||
Affirmative | 21,321,664,592.720 | 98.930 |
Withheld | 230,491,705.270 | 1.070 |
TOTAL | 21,552,156,297.990 | 100.000 |
Carol J. Zierhoffer | ||
Affirmative | 21,337,428,755.990 | 99.000 |
Withheld | 214,727,542.000 | 1.000 |
TOTAL | 21,552,156,297.990 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Item 2.
Code of Ethics
As of the end of the period, December 31, 2023, Fidelity School Street Trust (the trust) has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its President and Treasurer and its Chief Financial Officer. A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
Item 3.
Audit Committee Financial Expert
The Board of Trustees of the trust has determined that Elizabeth S. Acton is an audit committee financial expert, as defined in Item 3 of Form N-CSR. Ms. Acton is independent for purposes of Item 3 of Form N-CSR.
Item 4.
Principal Accountant Fees and Services
Fees and Services
The following table presents fees billed by Deloitte & Touche LLP, the member firms of Deloitte Touche Tohmatsu, and their respective affiliates (collectively, “Deloitte Entities”) in each of the last two fiscal years for services rendered to Fidelity Series International Developed Markets Bond Index Fund (the “Fund”):
Services Billed by Deloitte Entities
December 31, 2023 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Series International Developed Markets Bond Index Fund | $74,200 | $- | $11,600 | $1,700 |
December 31, 2022 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Series International Developed Markets Bond Index Fund | $73,200 | $- | $10,100 | $1,700 |
A Amounts may reflect rounding.
The following table presents fees billed by PricewaterhouseCoopers LLP (“PwC”) in each of the last two fiscal years for services rendered to Fidelity Advisor Multi-Asset Income Fund, Fidelity Global Credit Fund, Fidelity Intermediate Municipal Income Fund and Fidelity Series International Credit Fund (the “Funds”):
Services Billed by PwC
December 31, 2023 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Advisor Multi-Asset Income Fund | $55,100 | $4,500 | $12,200 | $1,900 |
Fidelity Global Credit Fund | $81,700 | $6,500 | $14,000 | $2,700 |
Fidelity Intermediate Municipal Income Fund | $50,200 | $3,800 | $5,600 | $1,600 |
Fidelity Series International Credit Fund | $79,300 | $6,200 | $12,600 | $2,600 |
December 31, 2022 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Advisor Multi-Asset Income Fund | $52,500 | $4,600 | $13,000 | $2,100 |
Fidelity Global Credit Fund | $81,100 | $6,800 | $13,400 | $3,000 |
Fidelity Intermediate Municipal Income Fund | $47,500 | $3,800 | $5,300 | $1,700 |
Fidelity Series International Credit Fund | $75,000 | $6,300 | $11,500 | $2,800 |
A Amounts may reflect rounding.
The following table(s) present(s) fees billed by Deloitte Entities and PwC that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Fund(s) and that are rendered on behalf of Fidelity Management & Research Company LLC ("FMR") and entities controlling, controlled by, or under common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Fund(s) (“Fund Service Providers”):
Services Billed by Deloitte Entities
December 31, 2023A | December 31, 2022 A | |
Audit-Related Fees | $- | $- |
Tax Fees | $- | $- |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
Services Billed by PwC
December 31, 2023A | December 31, 2022A | |
Audit-Related Fees | $8,284,200 | $7,914,600 |
Tax Fees | $1,000 | $1,000 |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
“Audit-Related Fees” represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.
“Tax Fees” represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.
“All Other Fees” represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.
Assurance services must be performed by an independent public accountant.
* * *
The aggregate non-audit fees billed by Deloitte Entities and PwC for services rendered to the Fund(s), FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and
any Fund Service Provider for each of the last two fiscal years of the Fund(s) are as follows:
Billed By | December 31, 2023A | December 31, 2022A |
Deloitte Entities | $255,900 | $469,400 |
PwC | $13,662,000 | $12,957,300 |
A Amounts may reflect rounding.
The trust's Audit Committee has considered non-audit services that were not pre-approved that were provided by Deloitte Entities and PwC to Fund Service Providers to be compatible with maintaining the independence of Deloitte Entities and PwC in its(their) audit of the Fund(s), taking into account representations from Deloitte Entities and PwC, in accordance with Public Company Accounting Oversight Board rules, regarding its independence from the Fund(s) and its(their) related entities and FMR’s review of the appropriateness and permissibility under applicable law of such non-audit services prior to their provision to the Fund(s) Service Providers.
Audit Committee Pre-Approval Policies and Procedures
The trust’s Audit Committee must pre-approve all audit and non-audit services provided by a fund’s independent registered public accounting firm relating to the operations or financial reporting of the fund. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee’s consideration of non-audit services by the audit firms that audit the Fidelity funds. The policies and procedures require that any non-audit service provided by a fund audit firm to a Fidelity fund and any non-audit service provided by a fund auditor to a Fund Service Provider that relates directly to the operations and financial reporting of a Fidelity fund (“Covered Service”) are subject to approval by the Audit Committee before such service is provided.
All Covered Services must be approved in advance of provision of the service either: (i) by formal resolution of the Audit Committee, or (ii) by oral or written approval of the service by the Chair of the Audit Committee (or if the Chair is unavailable, such other member of the Audit Committee as may be designated by the Chair to act in the Chair’s absence). The approval contemplated by (ii) above is permitted where the Treasurer determines that action on such an engagement is necessary before the next meeting of the Audit Committee.
Non-audit services provided by a fund audit firm to a Fund Service Provider that do not relate directly to the operations and financial reporting of a Fidelity fund are reported to the Audit Committee periodically.
Non-Audit Services Approved Pursuant to Rule 2-01(c)(7)(i)(C) and (ii) of Regulation S-X (“De Minimis Exception”)
There were no non-audit services approved or required to be approved by the Audit Committee pursuant to the De Minimis Exception during the Fund’s(s’) last two fiscal years relating to services provided to (i) the Fund(s) or (ii) any Fund Service Provider that relate directly to the operations and financial reporting of the Fund(s).
The Registrant has not retained, for the preparation of the audit report on the financial statements included in the Form N-CSR, a registered public accounting firm that has a branch or office that is located in a foreign jurisdiction and that the Public Company Accounting Oversight Board (the “PCAOB”) has determined that the PCAOB is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction.
The Registrant is not a “foreign issuer,” as defined in 17 CFR 240.3b-4.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable.
Item 7.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9.
Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the trust’s Board of Trustees.
Item 11.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the trust’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the trust’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the trust’s internal control over financial reporting.
Item 12.
Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies
Not applicable.
Item 18.
Recovery of Erroneously Awarded Compensation
(a)
Not applicable.
(b)
Not applicable.
Item 19.
Exhibits
(a) | (1) | Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH. |
(a) | (2) | |
(a) | (3) | Not applicable. |
(b) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Fidelity School Street Trust
By: | /s/Laura M. Del Prato |
Laura M. Del Prato | |
President and Treasurer | |
Date: | February 22, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/Laura M. Del Prato |
Laura M. Del Prato | |
President and Treasurer | |
Date: | February 22, 2024 |
By: | /s/John J. Burke III |
John J. Burke III | |
Chief Financial Officer | |
Date: | February 22, 2024 |