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 811-03221
Fidelity Charles 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: | September 30 |
Date of reporting period: | September 30, 2023 |
Item 1.
Reports to Stockholders
Contents
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -1.92% | 0.58% | 1.95% |
Class M (incl. 3.50% sales charge) | 0.20% | 0.80% | 1.93% |
Class C (incl. contingent deferred sales charge) | 2.36% | 1.01% | 1.94% |
Fidelity Asset Manager® 20% | 4.40% | 2.10% | 2.88% |
Class I | 4.33% | 2.04% | 2.82% |
Class Z | 4.42% | 2.13% | 2.86% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 20%, a class of the fund, on September 30, 2013. 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. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -0.34% | 1.25% | 2.80% |
Class M (incl. 3.50% sales charge) | 1.80% | 1.46% | 2.77% |
Class C (incl. contingent deferred sales charge) | 4.00% | 1.67% | 2.79% |
Fidelity Asset Manager® 30% | 6.07% | 2.75% | 3.73% |
Class I | 6.10% | 2.72% | 3.68% |
Class Z | 6.10% | 2.78% | 3.71% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 30%, a class of the fund, on September 30, 2013. 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. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | 1.41% | 1.89% | 3.59% |
Class M (incl. 3.50% sales charge) | 3.52% | 2.12% | 3.57% |
Class C (incl. contingent deferred sales charge) | 5.70% | 2.33% | 3.57% |
Fidelity Asset Manager® 40% | 7.95% | 3.43% | 4.52% |
Class I | 7.79% | 3.37% | 4.48% |
Class Z | 7.89% | 3.46% | 4.52% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 40%, a class of the fund, on September 30, 2013. 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. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | 3.01% | 2.39% | 4.25% |
Class M (incl. 3.50% sales charge) | 5.22% | 2.64% | 4.24% |
Class C (incl. contingent deferred sales charge) | 7.47% | 2.84% | 4.23% |
Fidelity Asset Manager® 50% | 9.59% | 3.92% | 5.18% |
Class I | 9.63% | 3.91% | 5.15% |
Class Z | 9.71% | 4.00% | 5.20% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 50%, a class of the fund, on September 30, 2013. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | 4.70% | 2.89% | 4.89% |
Class M (incl. 3.50% sales charge) | 6.91% | 3.13% | 4.88% |
Class C (incl. contingent deferred sales charge) | 9.30% | 3.33% | 4.88% |
Fidelity Asset Manager® 60% | 11.38% | 4.45% | 5.85% |
Class I | 11.39% | 4.40% | 5.80% |
Class Z | 11.56% | 4.53% | 5.87% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 60%, a class of the fund, on September 30, 2013. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | 6.62% | 3.51% | 5.60% |
Class M (incl. 3.50% sales charge) | 8.91% | 3.75% | 5.58% |
Class C (incl. contingent deferred sales charge) | 11.25% | 3.96% | 5.59% |
Fidelity Asset Manager® 70% | 13.46% | 5.07% | 6.55% |
Class I | 13.43% | 5.04% | 6.52% |
Class Z | 13.58% | 5.15% | 6.58% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 70%, a class of the fund, on September 30, 2013. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | 9.28% | 4.31% | 6.62% |
Class M (incl. 3.50% sales charge) | 11.58% | 4.53% | 6.58% |
Class C (incl. contingent deferred sales charge) | 14.00% | 4.74% | 6.61% |
Fidelity Asset Manager® 85% | 16.21% | 5.86% | 7.57% |
Class I | 16.19% | 5.82% | 7.55% |
Class Z | 16.31% | 5.94% | 7.61% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Asset Manager® 85%, a class of the fund, on September 30, 2013. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Microsoft Corp. | 1.1 | |
Apple, Inc. | 0.9 | |
Alphabet, Inc. Class A | 0.7 | |
iShares 20+ Year Treasury Bond ETF | 0.6 | |
Amazon.com, Inc. | 0.6 | |
Exxon Mobil Corp. | 0.4 | |
NVIDIA Corp. | 0.4 | |
Meta Platforms, Inc. Class A | 0.4 | |
JPMorgan Chase & Co. | 0.4 | |
6.8 | ||
Top Bond Issuers (% of Fund's net assets) | ||
(with maturities greater than one year) | ||
U.S. Treasury Obligations | 20.1 | |
Fannie Mae | 3.6 | |
Freddie Mac | 3.4 | |
Ginnie Mae | 1.8 | |
Uniform Mortgage Backed Securities | 1.7 | |
JPMorgan Chase & Co. | 0.7 | |
Morgan Stanley | 0.6 | |
Citigroup, Inc. | 0.6 | |
Bank of America Corp. | 0.4 | |
Petroleos Mexicanos | 0.4 | |
33.3 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 31.1 | |
Information Technology | 6.2 | |
Health Care | 3.8 | |
Consumer Discretionary | 3.6 | |
Industrials | 3.6 | |
Communication Services | 3.3 | |
Energy | 2.7 | |
Consumer Staples | 2.2 | |
Real Estate | 2.1 | |
Materials | 0.9 | |
Utilities | 0.8 | |
Quality Diversification (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Geographic Diversification (% of Fund's net assets) |
* Includes Short-Term investments and Net Other Assets (Liabilities). Percentages are adjusted for the effect of derivatives, if applicable. |
Equity Central Funds - 26.1% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 128,588 | 12,138,671 | |
Fidelity Emerging Markets Equity Central Fund (a) | 845,304 | 158,756,478 | |
Fidelity Hedged Equity Central Fund (a) | 659,343 | 68,400,292 | |
Fidelity International Equity Central Fund (a) | 3,379,541 | 298,819,024 | |
Fidelity Real Estate Equity Central Fund (a) | 200,818 | 22,499,701 | |
Fidelity U.S. Equity Central Fund (a) | 6,904,480 | 802,922,024 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $854,077,067) | 1,363,536,190 | ||
Fixed-Income Central Funds - 51.4% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.8% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 886,286 | 6,505,336 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 492,900 | 43,626,574 | |
Fidelity Floating Rate Central Fund (a) | 717,029 | 70,283,198 | |
Fidelity High Income Central Fund (a) | 265,595 | 26,862,290 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 147,277,398 | ||
Investment Grade Fixed-Income Funds - 48.6% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 449,988 | 39,598,919 | |
Fidelity International Credit Central Fund (a) | 176,453 | 13,426,284 | |
Fidelity Investment Grade Bond Central Fund (a) | 26,579,633 | 2,488,119,466 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 2,541,144,669 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $2,942,496,062) | 2,688,422,067 | ||
Money Market Central Funds - 20.4% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 93,462,174 | 93,480,867 | |
Fidelity Money Market Central Fund 5.51% (b) | 963,040,273 | 962,943,969 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 13,103,090 | 13,104,400 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $1,069,603,525) | 1,069,529,236 | ||
U.S. Treasury Obligations - 0.4% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.37% to 5.39% 12/7/23 to 12/21/23 (e) (Cost $23,807,294) | 24,060,000 | 23,810,491 | |
Investment Companies - 1.9% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 358,087 | 31,758,736 | |
iShares MSCI USA Minimum Volatility ETF | 945,873 | 68,462,289 | |
TOTAL INVESTMENT COMPANIES (Cost $103,181,333) | 100,221,025 | ||
TOTAL INVESTMENT IN SECURITIES - 100.2% (Cost $4,993,165,281) | 5,245,519,009 |
NET OTHER ASSETS (LIABILITIES) - (0.2)% | (12,450,355) |
NET ASSETS - 100.0% | 5,233,068,654 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 1,803 | Dec 2023 | 389,943,825 | 12,476,228 | 12,476,228 |
ICE MSCI Emerging Markets Index Contracts (United States) | 1,014 | Dec 2023 | 48,443,850 | 1,613,078 | 1,613,078 |
TOTAL FUTURES CONTRACTS | 14,089,306 | ||||
The notional amount of futures sold as a percentage of Net Assets is 8.4% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $22,820,235. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 59,228,042 | 733,821,597 | 699,568,772 | 2,143,614 | - | - | 93,480,867 | 0.2% |
Fidelity Commodity Strategy Central Fund | 106,709,912 | 6,623,410 | 96,900,410 | 1,679,441 | (24,082,434) | 19,788,193 | 12,138,671 | 5.3% |
Fidelity Emerging Markets Debt Central Fund | 10,372,630 | 3,045,472 | 7,302,695 | 575,340 | (1,243,611) | 1,633,540 | 6,505,336 | 0.3% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 11,242,314 | 30,501,876 | 142 | 34,438 | 44,842 | 1,837,684 | 43,626,574 | 15.9% |
Fidelity Emerging Markets Equity Central Fund | 117,545,795 | 100,971,896 | 66,667,360 | 4,092,138 | (28,326,045) | 35,232,192 | 158,756,478 | 7.4% |
Fidelity Floating Rate Central Fund | 159,044,039 | 19,096,852 | 113,190,729 | 10,898,952 | (3,696,092) | 9,029,128 | 70,283,198 | 4.8% |
Fidelity Hedged Equity Central Fund | - | 68,532,049 | - | 9,146 | - | (131,757) | 68,400,292 | 15.9% |
Fidelity High Income Central Fund | 42,203,666 | 5,941,721 | 22,861,196 | 2,972,394 | 424,500 | 1,153,599 | 26,862,290 | 1.9% |
Fidelity Inflation-Protected Bond Index Central Fund | 68,571,060 | 11,996,892 | 35,253,319 | 7,584,653 | (3,327,125) | (2,388,589) | 39,598,919 | 9.3% |
Fidelity International Credit Central Fund | 51,773,273 | 5,124,703 | 41,458,267 | 2,406,057 | (11,877,942) | 10,158,952 | 13,426,284 | 6.8% |
Fidelity International Equity Central Fund | 172,519,871 | 192,774,995 | 105,898,739 | 6,772,993 | (4,044,590) | 43,467,487 | 298,819,024 | 6.4% |
Fidelity Investment Grade Bond Central Fund | 2,397,843,318 | 540,842,062 | 389,577,842 | 97,293,040 | (16,270,433) | (44,717,639) | 2,488,119,466 | 6.7% |
Fidelity Money Market Central Fund 0.45% | 1,111,446,680 | 119,641,742 | 268,146,571 | 49,891,844 | (19,771) | 21,889 | 962,943,969 | 82.5% |
Fidelity Real Estate Equity Central Fund | 36,620,079 | 3,266,235 | 18,940,046 | 920,912 | (908,440) | 2,461,873 | 22,499,701 | 2.4% |
Fidelity Securities Lending Cash Central Fund 5.39% | - | 269,887,682 | 256,783,282 | 2,105 | - | - | 13,104,400 | 0.0% |
Fidelity U.S. Equity Central Fund | 858,863,446 | 69,894,001 | 272,585,479 | 24,138,228 | 2,717,335 | 144,032,721 | 802,922,024 | 5.1% |
Total | 5,203,984,125 | 2,181,963,185 | 2,395,134,849 | 211,415,295 | (90,609,806) | 221,579,273 | 5,121,487,493 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 1,363,536,190 | 1,363,536,190 | - | - |
Fixed-Income Central Funds | 2,688,422,067 | 2,688,422,067 | - | - |
Money Market Central Funds | 1,069,529,236 | 1,069,529,236 | - | - |
U.S Treasury Obligations | 23,810,491 | - | 23,810,491 | - |
Investment Companies | 100,221,025 | 100,221,025 | - | - |
Total Investments in Securities: | 5,245,519,009 | 5,221,708,518 | 23,810,491 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 14,089,306 | 14,089,306 | - | - |
Total Assets | 14,089,306 | 14,089,306 | - | - |
Total Derivative Instruments: | 14,089,306 | 14,089,306 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 14,089,306 | 0 |
Total Equity Risk | 14,089,306 | 0 |
Total Value of Derivatives | 14,089,306 | 0 |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $12,842,312) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $126,988,627) | $ | 124,031,516 | ||
Fidelity Central Funds (cost $4,866,176,654) | 5,121,487,493 | |||
Total Investment in Securities (cost $4,993,165,281) | $ | 5,245,519,009 | ||
Receivable for investments sold | 3,422,778 | |||
Receivable for fund shares sold | 415,419 | |||
Dividends receivable | 378,288 | |||
Distributions receivable from Fidelity Central Funds | 142,151 | |||
Receivable for daily variation margin on futures contracts | 1,081,800 | |||
Prepaid expenses | 7,614 | |||
Total assets | 5,250,967,059 | |||
Liabilities | ||||
Payable for investments purchased | $ | 473,722 | ||
Payable for fund shares redeemed | 2,031,662 | |||
Accrued management fee | 1,757,599 | |||
Distribution and service plan fees payable | 37,770 | |||
Other affiliated payables | 435,435 | |||
Other payables and accrued expenses | 57,817 | |||
Collateral on securities loaned | 13,104,400 | |||
Total Liabilities | 17,898,405 | |||
Net Assets | $ | 5,233,068,654 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 5,391,581,660 | ||
Total accumulated earnings (loss) | (158,513,006) | |||
Net Assets | $ | 5,233,068,654 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($53,118,627 ÷ 4,193,134 shares)(a) | $ | 12.67 | ||
Maximum offering price per share (100/94.25 of $12.67) | $ | 13.44 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($28,202,425 ÷ 2,232,896 shares)(a) | $ | 12.63 | ||
Maximum offering price per share (100/96.50 of $12.63) | $ | 13.09 | ||
Class C : | ||||
Net Asset Value and offering price per share ($16,530,874 ÷ 1,319,730 shares)(a) | $ | 12.53 | ||
Asset Manager 20% : | ||||
Net Asset Value, offering price and redemption price per share ($3,329,197,031 ÷ 262,338,992 shares) | $ | 12.69 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($20,593,713 ÷ 1,622,324 shares) | $ | 12.69 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($1,785,425,984 ÷ 140,756,628 shares) | $ | 12.68 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 2,458,088 | ||
Interest | 1,018,217 | |||
Income from Fidelity Central Funds (including $2,105 from security lending) | 197,119,448 | |||
Total Income | 200,595,753 | |||
Expenses | ||||
Management fee | $ | 22,063,558 | ||
Transfer agent fees | 4,154,845 | |||
Distribution and service plan fees | 472,269 | |||
Accounting fees | 1,194,719 | |||
Custodian fees and expenses | 36,352 | |||
Independent trustees' fees and expenses | 20,557 | |||
Registration fees | 117,816 | |||
Audit | 47,602 | |||
Legal | 11,753 | |||
Miscellaneous | 48,842 | |||
Total expenses before reductions | 28,168,313 | |||
Expense reductions | (150,095) | |||
Total expenses after reductions | 28,018,218 | |||
Net Investment income (loss) | 172,577,535 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (40,130,860) | |||
Fidelity Central Funds | (90,609,806) | |||
Futures contracts | (35,303,036) | |||
Capital gain distributions from Fidelity Central Funds | 14,590,285 | |||
Total net realized gain (loss) | (151,453,417) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 27,324,803 | |||
Fidelity Central Funds | 221,579,273 | |||
Futures contracts | (23,126,930) | |||
Total change in net unrealized appreciation (depreciation) | 225,777,146 | |||
Net gain (loss) | 74,323,729 | |||
Net increase (decrease) in net assets resulting from operations | $ | 246,901,264 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 172,577,535 | $ | 120,665,591 |
Net realized gain (loss) | (151,453,417) | 141,315,034 | ||
Change in net unrealized appreciation (depreciation) | 225,777,146 | (1,018,435,410) | ||
Net increase (decrease) in net assets resulting from operations | 246,901,264 | (756,454,785) | ||
Distributions to shareholders | (298,570,191) | (122,000,836) | ||
Share transactions - net increase (decrease) | (148,513,918) | (49,428,139) | ||
Total increase (decrease) in net assets | (200,182,845) | (927,883,760) | ||
Net Assets | ||||
Beginning of period | 5,433,251,499 | 6,361,135,259 | ||
End of period | $ | 5,233,068,654 | $ | 5,433,251,499 |
Fidelity Advisor Asset Manager® 20% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.81 | $ | 14.74 | $ | 14.00 | $ | 13.51 | $ | 13.40 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .36 | .23 | .14 | .18 | .26 | |||||
Net realized and unrealized gain (loss) | .16 | (1.93) | .82 | .62 | .36 | |||||
Total from investment operations | .52 | (1.70) | .96 | .80 | .62 | |||||
Distributions from net investment income | (.40) | (.19) | (.11) | (.19) | (.26) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.66) | (.23) C | (.22) C | (.31) C | (.51) C | |||||
Net asset value, end of period | $ | 12.67 | $ | 12.81 | $ | 14.74 | $ | 14.00 | $ | 13.51 |
Total Return D,E | 4.07% | (11.71)% | 6.91% | 6.04% | 4.85% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | .82% | .81% | .81% | .82% | .83% | |||||
Expenses net of fee waivers, if any | .81% | .81% | .81% | .82% | .83% | |||||
Expenses net of all reductions | .81% | .81% | .81% | .82% | .83% | |||||
Net investment income (loss) | 2.80% | 1.61% | .97% | 1.34% | 1.97% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 53,119 | $ | 56,979 | $ | 62,957 | $ | 50,633 | $ | 45,153 |
Portfolio turnover rate H | 28% | 22% | 25% | 25% | 41% |
Fidelity Advisor Asset Manager® 20% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.77 | $ | 14.70 | $ | 13.97 | $ | 13.48 | $ | 13.37 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .33 | .19 | .10 | .15 | .23 | |||||
Net realized and unrealized gain (loss) | .16 | (1.92) | .82 | .62 | .35 | |||||
Total from investment operations | .49 | (1.73) | .92 | .77 | .58 | |||||
Distributions from net investment income | (.37) | (.16) | (.07) | (.15) | (.23) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.63) | (.20) C | (.19) | (.28) | (.47) | |||||
Net asset value, end of period | $ | 12.63 | $ | 12.77 | $ | 14.70 | $ | 13.97 | $ | 13.48 |
Total Return D,E | 3.84% | (11.94)% | 6.60% | 5.79% | 4.58% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.06% | 1.06% | 1.07% | 1.08% | 1.08% | |||||
Expenses net of fee waivers, if any | 1.06% | 1.06% | 1.07% | 1.07% | 1.08% | |||||
Expenses net of all reductions | 1.06% | 1.06% | 1.07% | 1.07% | 1.08% | |||||
Net investment income (loss) | 2.55% | 1.36% | .72% | 1.09% | 1.72% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 28,202 | $ | 27,193 | $ | 31,762 | $ | 27,366 | $ | 25,696 |
Portfolio turnover rate H | 28% | 22% | 25% | 25% | 41% |
Fidelity Advisor Asset Manager® 20% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.67 | $ | 14.61 | $ | 13.91 | $ | 13.43 | $ | 13.32 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .26 | .12 | .03 | .08 | .16 | |||||
Net realized and unrealized gain (loss) | .16 | (1.92) | .82 | .61 | .36 | |||||
Total from investment operations | .42 | (1.80) | .85 | .69 | .52 | |||||
Distributions from net investment income | (.30) | (.11) | (.03) | (.09) | (.16) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.56) | (.14) | (.15) | (.21) C | (.41) C | |||||
Net asset value, end of period | $ | 12.53 | $ | 12.67 | $ | 14.61 | $ | 13.91 | $ | 13.43 |
Total Return D,E | 3.35% | (12.41)% | 6.10% | 5.22% | 4.06% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.57% | 1.57% | 1.57% | 1.58% | 1.59% | |||||
Expenses net of fee waivers, if any | 1.57% | 1.57% | 1.57% | 1.58% | 1.59% | |||||
Expenses net of all reductions | 1.57% | 1.57% | 1.57% | 1.58% | 1.59% | |||||
Net investment income (loss) | 2.05% | .85% | .22% | .59% | 1.21% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 16,531 | $ | 19,557 | $ | 25,804 | $ | 24,940 | $ | 21,588 |
Portfolio turnover rate H | 28% | 22% | 25% | 25% | 41% |
Fidelity Asset Manager® 20% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.83 | $ | 14.76 | $ | 14.02 | $ | 13.54 | $ | 13.42 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .40 | .27 | .19 | .23 | .30 | |||||
Net realized and unrealized gain (loss) | .16 | (1.93) | .82 | .61 | .37 | |||||
Total from investment operations | .56 | (1.66) | 1.01 | .84 | .67 | |||||
Distributions from net investment income | (.44) | (.24) | (.15) | (.23) | (.31) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.70) | (.27) | (.27) | (.36) | (.55) | |||||
Net asset value, end of period | $ | 12.69 | $ | 12.83 | $ | 14.76 | $ | 14.02 | $ | 13.54 |
Total Return C | 4.40% | (11.41)% | 7.24% | 6.29% | 5.24% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .51% | .50% | .50% | .51% | .51% | |||||
Expenses net of fee waivers, if any | .51% | .50% | .50% | .50% | .51% | |||||
Expenses net of all reductions | .51% | .50% | .50% | .50% | .51% | |||||
Net investment income (loss) | 3.11% | 1.92% | 1.29% | 1.66% | 2.29% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 3,329,197 | $ | 3,734,894 | $ | 4,723,410 | $ | 5,377,374 | $ | 4,990,188 |
Portfolio turnover rate F | 28% | 22% | 25% | 25% | 41% |
Fidelity Advisor Asset Manager® 20% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.83 | $ | 14.76 | $ | 14.02 | $ | 13.53 | $ | 13.41 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .40 | .26 | .18 | .22 | .30 | |||||
Net realized and unrealized gain (loss) | .15 | (1.93) | .82 | .61 | .36 | |||||
Total from investment operations | .55 | (1.67) | 1.00 | .83 | .66 | |||||
Distributions from net investment income | (.43) | (.23) | (.14) | (.22) | (.30) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.69) | (.26) | (.26) | (.34) C | (.54) | |||||
Net asset value, end of period | $ | 12.69 | $ | 12.83 | $ | 14.76 | $ | 14.02 | $ | 13.53 |
Total Return D | 4.33% | (11.46)% | 7.17% | 6.27% | 5.18% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .55% | .55% | .55% | .58% | .56% | |||||
Expenses net of fee waivers, if any | .55% | .55% | .55% | .57% | .56% | |||||
Expenses net of all reductions | .55% | .55% | .55% | .57% | .56% | |||||
Net investment income (loss) | 3.06% | 1.87% | 1.24% | 1.59% | 2.24% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 20,594 | $ | 28,182 | $ | 31,374 | $ | 32,445 | $ | 25,577 |
Portfolio turnover rate G | 28% | 22% | 25% | 25% | 41% |
Fidelity Advisor Asset Manager® 20% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.82 | $ | 14.76 | $ | 14.02 | $ | 13.53 | $ | 13.41 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .41 | .27 | .19 | .23 | .30 | |||||
Net realized and unrealized gain (loss) | .15 | (1.93) | .82 | .62 | .37 | |||||
Total from investment operations | .56 | (1.66) | 1.01 | .85 | .67 | |||||
Distributions from net investment income | (.44) | (.24) | (.16) | (.24) | (.31) | |||||
Distributions from net realized gain | (.26) | (.03) | (.12) | (.13) | (.24) | |||||
Total distributions | (.70) | (.28) D | (.27) D | (.36) D | (.55) | |||||
Net asset value, end of period | $ | 12.68 | $ | 12.82 | $ | 14.76 | $ | 14.02 | $ | 13.53 |
Total Return E,F | 4.42% | (11.45)% | 7.27% | 6.41% | 5.27% | |||||
Ratios to Average Net Assets C,G,H | ||||||||||
Expenses before reductions | .47% | .47% | .47% | .48% | .48% I | |||||
Expenses net of fee waivers, if any | .47% | .47% | .47% | .48% | .48% I | |||||
Expenses net of all reductions | .47% | .47% | .47% | .48% | .48% I | |||||
Net investment income (loss) | 3.14% | 1.95% | 1.31% | 1.69% | 2.32% I | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,785,426 | $ | 1,566,447 | $ | 1,485,829 | $ | 18,177 | $ | 14,613 |
Portfolio turnover rate J | 28% | 22% | 25% | 25% | 41% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 1.5 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Apple, Inc. | 1.2 | |
Alphabet, Inc. Class A | 0.9 | |
Amazon.com, Inc. | 0.8 | |
iShares 20+ Year Treasury Bond ETF | 0.6 | |
Exxon Mobil Corp. | 0.5 | |
NVIDIA Corp. | 0.5 | |
Meta Platforms, Inc. Class A | 0.5 | |
JPMorgan Chase & Co. | 0.5 | |
8.3 | ||
Top Bond Issuers (% of Fund's net assets) | ||
(with maturities greater than one year) | ||
U.S. Treasury Obligations | 20.0 | |
Fannie Mae | 3.5 | |
Freddie Mac | 3.3 | |
Ginnie Mae | 1.8 | |
Uniform Mortgage Backed Securities | 1.7 | |
JPMorgan Chase & Co. | 0.7 | |
Morgan Stanley | 0.6 | |
Citigroup, Inc. | 0.6 | |
Bank of America Corp. | 0.4 | |
Petroleos Mexicanos | 0.4 | |
33.0 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 21.4 | |
Information Technology | 8.2 | |
Health Care | 5.2 | |
Industrials | 4.7 | |
Consumer Discretionary | 4.7 | |
Communication Services | 3.8 | |
Energy | 3.1 | |
Consumer Staples | 3.1 | |
Real Estate | 2.1 | |
Materials | 1.7 | |
Utilities | 1.0 | |
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) |
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. |
Equity Central Funds - 35.9% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 48,891 | 4,615,345 | |
Fidelity Emerging Markets Equity Central Fund (a) | 465,186 | 87,366,529 | |
Fidelity Hedged Equity Central Fund (a) | 254,029 | 26,352,919 | |
Fidelity International Equity Central Fund (a) | 1,923,147 | 170,044,678 | |
Fidelity Real Estate Equity Central Fund (a) | 71,458 | 8,006,189 | |
Fidelity U.S. Equity Central Fund (a) | 3,584,945 | 416,893,259 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $500,388,731) | 713,278,919 | ||
Fixed-Income Central Funds - 51.0% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.8% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 240,680 | 1,766,594 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 191,309 | 16,932,788 | |
Fidelity Floating Rate Central Fund (a) | 273,882 | 26,845,875 | |
Fidelity High Income Central Fund (a) | 101,463 | 10,261,998 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 55,807,255 | ||
Investment Grade Fixed-Income Funds - 48.2% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 229,196 | 20,169,277 | |
Fidelity International Credit Central Fund (a) | 67,403 | 5,128,668 | |
Fidelity Investment Grade Bond Central Fund (a) | 9,964,329 | 932,760,855 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 958,058,800 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $1,155,674,181) | 1,013,866,055 | ||
Money Market Central Funds - 11.3% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 63,649,521 | 63,662,251 | |
Fidelity Money Market Central Fund 5.51% (b) | 149,082,715 | 149,067,807 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 12,342,966 | 12,344,200 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $225,084,012) | 225,074,258 | ||
U.S. Treasury Obligations - 0.5% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.37% to 5.39% 12/7/23 to 12/21/23 (e) (Cost $9,817,693) | 9,920,000 | 9,818,984 | |
Investment Companies - 1.9% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 141,386 | 12,539,524 | |
iShares MSCI USA Minimum Volatility ETF | 364,422 | 26,376,863 | |
TOTAL INVESTMENT COMPANIES (Cost $40,060,553) | 38,916,387 | ||
TOTAL INVESTMENT IN SECURITIES - 100.6% (Cost $1,931,025,170) | 2,000,954,603 |
NET OTHER ASSETS (LIABILITIES) - (0.6)% | (12,149,774) |
NET ASSETS - 100.0% | 1,988,804,829 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 661 | Dec 2023 | 142,957,775 | 4,921,341 | 4,921,341 |
ICE MSCI Emerging Markets Index Contracts (United States) | 503 | Dec 2023 | 24,030,825 | 800,176 | 800,176 |
TOTAL FUTURES CONTRACTS | 5,721,517 | ||||
The notional amount of futures sold as a percentage of Net Assets is 8.4% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $9,432,784. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 26,304,484 | 312,228,658 | 274,870,891 | 1,133,084 | - | - | 63,662,251 | 0.2% |
Fidelity Commodity Strategy Central Fund | 43,032,802 | 1,223,014 | 37,994,053 | 665,812 | (9,373,983) | 7,727,565 | 4,615,345 | 2.0% |
Fidelity Emerging Markets Debt Central Fund | 4,177,203 | 437,149 | 3,027,133 | 200,976 | (576,093) | 755,468 | 1,766,594 | 0.1% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 5,164,720 | 10,949,901 | 40 | 14,496 | 16,884 | 801,323 | 16,932,788 | 6.2% |
Fidelity Emerging Markets Equity Central Fund | 71,327,680 | 35,106,434 | 25,457,769 | 2,525,783 | (8,163,191) | 14,553,375 | 87,366,529 | 4.1% |
Fidelity Floating Rate Central Fund | 64,573,399 | 5,119,785 | 44,937,871 | 4,259,740 | (1,527,054) | 3,617,616 | 26,845,875 | 1.8% |
Fidelity Hedged Equity Central Fund | - | 26,401,838 | - | 3,543 | - | (48,919) | 26,352,919 | 6.1% |
Fidelity High Income Central Fund | 17,488,385 | 1,568,946 | 9,448,897 | 1,186,077 | 410,236 | 243,328 | 10,261,998 | 0.7% |
Fidelity Inflation-Protected Bond Index Central Fund | 33,761,713 | 4,225,992 | 14,984,760 | 3,712,593 | (1,463,442) | (1,370,226) | 20,169,277 | 4.8% |
Fidelity International Credit Central Fund | 20,783,361 | 1,301,338 | 16,168,228 | 1,063,697 | (4,692,959) | 3,905,156 | 5,128,668 | 2.6% |
Fidelity International Equity Central Fund | 121,113,145 | 78,933,602 | 59,046,755 | 4,086,847 | (2,388,833) | 31,433,519 | 170,044,678 | 3.6% |
Fidelity Investment Grade Bond Central Fund | 958,225,809 | 163,595,839 | 166,965,978 | 37,378,653 | (15,585,053) | (6,509,762) | 932,760,855 | 2.5% |
Fidelity Money Market Central Fund 0.45% | 198,931,024 | 11,271,787 | 61,136,308 | 8,284,267 | (4,604) | 5,908 | 149,067,807 | 12.8% |
Fidelity Real Estate Equity Central Fund | 14,434,007 | 585,865 | 7,643,570 | 347,521 | 35,685 | 594,202 | 8,006,189 | 0.9% |
Fidelity Securities Lending Cash Central Fund 5.39% | - | 116,495,929 | 104,151,729 | 1,708 | - | - | 12,344,200 | 0.0% |
Fidelity U.S. Equity Central Fund | 493,161,621 | 19,418,826 | 175,890,227 | 13,102,130 | 3,375,042 | 76,827,997 | 416,893,259 | 2.6% |
Total | 2,072,479,353 | 788,864,903 | 1,001,724,209 | 77,966,927 | (39,937,365) | 132,536,550 | 1,952,219,232 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 713,278,919 | 713,278,919 | - | - |
Fixed-Income Central Funds | 1,013,866,055 | 1,013,866,055 | - | - |
Money Market Central Funds | 225,074,258 | 225,074,258 | - | - |
U.S Treasury Obligations | 9,818,984 | - | 9,818,984 | - |
Investment Companies | 38,916,387 | 38,916,387 | - | - |
Total Investments in Securities: | 2,000,954,603 | 1,991,135,619 | 9,818,984 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 5,721,517 | 5,721,517 | - | - |
Total Assets | 5,721,517 | 5,721,517 | - | - |
Total Derivative Instruments: | 5,721,517 | 5,721,517 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 5,721,517 | 0 |
Total Equity Risk | 5,721,517 | 0 |
Total Value of Derivatives | 5,721,517 | 0 |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $12,097,316) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $49,878,246) | $ | 48,735,371 | ||
Fidelity Central Funds (cost $1,881,146,924) | 1,952,219,232 | |||
Total Investment in Securities (cost $1,931,025,170) | $ | 2,000,954,603 | ||
Receivable for investments sold | 2,778,416 | |||
Receivable for fund shares sold | 148,860 | |||
Dividends receivable | 141,043 | |||
Distributions receivable from Fidelity Central Funds | 113,029 | |||
Receivable for daily variation margin on futures contracts | 396,600 | |||
Prepaid expenses | 2,926 | |||
Total assets | 2,004,535,477 | |||
Liabilities | ||||
Payable for investments purchased | $ | 143,024 | ||
Payable for fund shares redeemed | 2,290,633 | |||
Accrued management fee | 672,339 | |||
Distribution and service plan fees payable | 41,212 | |||
Other affiliated payables | 194,267 | |||
Other payables and accrued expenses | 44,973 | |||
Collateral on securities loaned | 12,344,200 | |||
Total Liabilities | 15,730,648 | |||
Net Assets | $ | 1,988,804,829 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 2,042,888,679 | ||
Total accumulated earnings (loss) | (54,083,850) | |||
Net Assets | $ | 1,988,804,829 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($69,350,304 ÷ 6,397,215 shares)(a) | $ | 10.84 | ||
Maximum offering price per share (100/94.25 of $10.84) | $ | 11.50 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($21,273,917 ÷ 1,967,367 shares)(a) | $ | 10.81 | ||
Maximum offering price per share (100/96.50 of $10.81) | $ | 11.20 | ||
Class C : | ||||
Net Asset Value and offering price per share ($20,534,106 ÷ 1,918,502 shares)(a) | $ | 10.70 | ||
Asset Manager 30% : | ||||
Net Asset Value, offering price and redemption price per share ($1,418,965,860 ÷ 130,968,783 shares) | $ | 10.83 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($24,321,756 ÷ 2,244,623 shares) | $ | 10.84 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($434,358,886 ÷ 40,094,247 shares) | $ | 10.83 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 1,125,020 | ||
Interest | 441,404 | |||
Income from Fidelity Central Funds (including $1,708 from security lending) | 70,140,558 | |||
Total Income | 71,706,982 | |||
Expenses | ||||
Management fee | $ | 8,574,473 | ||
Transfer agent fees | 1,715,977 | |||
Distribution and service plan fees | 526,803 | |||
Accounting fees | 706,673 | |||
Custodian fees and expenses | 32,111 | |||
Independent trustees' fees and expenses | 8,080 | |||
Registration fees | 98,949 | |||
Audit | 38,997 | |||
Legal | 4,709 | |||
Miscellaneous | 21,871 | |||
Total expenses before reductions | 11,728,643 | |||
Expense reductions | (59,046) | |||
Total expenses after reductions | 11,669,597 | |||
Net Investment income (loss) | 60,037,385 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (18,717,071) | |||
Fidelity Central Funds | (39,937,365) | |||
Futures contracts | (11,676,170) | |||
Capital gain distributions from Fidelity Central Funds | 7,826,369 | |||
Total net realized gain (loss) | (62,504,237) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 14,438,992 | |||
Fidelity Central Funds | 132,536,550 | |||
Futures contracts | (11,394,821) | |||
Total change in net unrealized appreciation (depreciation) | 135,580,721 | |||
Net gain (loss) | 73,076,484 | |||
Net increase (decrease) in net assets resulting from operations | $ | 133,113,869 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 60,037,385 | $ | 52,128,543 |
Net realized gain (loss) | (62,504,237) | 71,770,963 | ||
Change in net unrealized appreciation (depreciation) | 135,580,721 | (500,477,751) | ||
Net increase (decrease) in net assets resulting from operations | 133,113,869 | (376,578,245) | ||
Distributions to shareholders | (118,388,775) | (58,123,685) | ||
Share transactions - net increase (decrease) | (199,275,265) | (274,428,795) | ||
Total increase (decrease) in net assets | (184,550,171) | (709,130,725) | ||
Net Assets | ||||
Beginning of period | 2,173,355,000 | 2,882,485,725 | ||
End of period | $ | 1,988,804,829 | $ | 2,173,355,000 |
Fidelity Advisor Asset Manager® 30% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.80 | $ | 12.77 | $ | 11.80 | $ | 11.24 | $ | 11.15 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .28 | .20 | .14 | .16 | .21 | |||||
Net realized and unrealized gain (loss) | .33 | (1.95) | 1.03 | .71 | .27 | |||||
Total from investment operations | .61 | (1.75) | 1.17 | .87 | .48 | |||||
Distributions from net investment income | (.31) | (.18) | (.09) | (.17) | (.21) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.57) | (.22) | (.20) | (.31) | (.39) | |||||
Net asset value, end of period | $ | 10.84 | $ | 10.80 | $ | 12.77 | $ | 11.80 | $ | 11.24 |
Total Return C,D | 5.74% | (13.89)% | 9.98% | 7.83% | 4.54% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .82% | .82% | .82% | .82% | .82% | |||||
Expenses net of fee waivers, if any | .82% | .82% | .82% | .82% | .82% | |||||
Expenses net of all reductions | .82% | .82% | .82% | .82% | .82% | |||||
Net investment income (loss) | 2.51% | 1.66% | 1.10% | 1.43% | 1.91% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 69,350 | $ | 71,633 | $ | 77,502 | $ | 50,625 | $ | 36,978 |
Portfolio turnover rate G | 22% | 23% | 18% | 23% | 34% |
Fidelity Advisor Asset Manager® 30% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.77 | $ | 12.75 | $ | 11.77 | $ | 11.22 | $ | 11.13 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .25 | .17 | .11 | .13 | .18 | |||||
Net realized and unrealized gain (loss) | .34 | (1.95) | 1.04 | .70 | .27 | |||||
Total from investment operations | .59 | (1.78) | 1.15 | .83 | .45 | |||||
Distributions from net investment income | (.29) | (.15) | (.07) | (.14) | (.18) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.55) | (.20) C | (.17) C | (.28) | (.36) | |||||
Net asset value, end of period | $ | 10.81 | $ | 10.77 | $ | 12.75 | $ | 11.77 | $ | 11.22 |
Total Return D,E | 5.49% | (14.20)% | 9.84% | 7.49% | 4.28% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.07% | 1.08% | 1.08% | 1.08% | 1.09% | |||||
Expenses net of fee waivers, if any | 1.07% | 1.08% | 1.08% | 1.08% | 1.09% | |||||
Expenses net of all reductions | 1.07% | 1.08% | 1.08% | 1.08% | 1.09% | |||||
Net investment income (loss) | 2.26% | 1.41% | .84% | 1.17% | 1.64% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 21,274 | $ | 22,364 | $ | 26,218 | $ | 20,329 | $ | 16,252 |
Portfolio turnover rate H | 22% | 23% | 18% | 23% | 34% |
Fidelity Advisor Asset Manager® 30% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.66 | $ | 12.64 | $ | 11.71 | $ | 11.16 | $ | 11.07 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .19 | .11 | .04 | .07 | .12 | |||||
Net realized and unrealized gain (loss) | .34 | (1.94) | 1.03 | .70 | .28 | |||||
Total from investment operations | .53 | (1.83) | 1.07 | .77 | .40 | |||||
Distributions from net investment income | (.23) | (.11) | (.03) | (.08) | (.12) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.49) | (.15) | (.14) | (.22) | (.31) C | |||||
Net asset value, end of period | $ | 10.70 | $ | 10.66 | $ | 12.64 | $ | 11.71 | $ | 11.16 |
Total Return D,E | 5.00% | (14.62)% | 9.17% | 7.00% | 3.77% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.58% | 1.58% | 1.59% | 1.59% | 1.60% | |||||
Expenses net of fee waivers, if any | 1.58% | 1.58% | 1.59% | 1.59% | 1.60% | |||||
Expenses net of all reductions | 1.58% | 1.58% | 1.59% | 1.59% | 1.60% | |||||
Net investment income (loss) | 1.74% | .90% | .33% | .66% | 1.13% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 20,534 | $ | 24,169 | $ | 31,949 | $ | 27,496 | $ | 24,224 |
Portfolio turnover rate H | 22% | 23% | 18% | 23% | 34% |
Fidelity Asset Manager® 30% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 | $ | 11.15 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .31 | .24 | .18 | .20 | .24 | |||||
Net realized and unrealized gain (loss) | .34 | (1.96) | 1.04 | .69 | .27 | |||||
Total from investment operations | .65 | (1.72) | 1.22 | .89 | .51 | |||||
Distributions from net investment income | (.35) | (.22) | (.14) | (.20) | (.24) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.61) | (.26) | (.24) C | (.34) | (.42) | |||||
Net asset value, end of period | $ | 10.83 | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 |
Total Return D | 6.07% | (13.71)% | 10.43% | 8.05% | 4.87% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .52% | .52% | .52% | .52% | .53% | |||||
Expenses net of fee waivers, if any | .52% | .51% | .52% | .52% | .52% | |||||
Expenses net of all reductions | .52% | .51% | .52% | .52% | .52% | |||||
Net investment income (loss) | 2.80% | 1.97% | 1.40% | 1.74% | 2.21% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,418,966 | $ | 1,625,346 | $ | 2,196,582 | $ | 1,935,863 | $ | 1,661,192 |
Portfolio turnover rate G | 22% | 23% | 18% | 23% | 34% |
Fidelity Advisor Asset Manager® 30% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 | $ | 11.15 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .30 | .24 | .17 | .19 | .23 | |||||
Net realized and unrealized gain (loss) | .35 | (1.96) | 1.05 | .69 | .28 | |||||
Total from investment operations | .65 | (1.72) | 1.22 | .88 | .51 | |||||
Distributions from net investment income | (.34) | (.21) | (.13) | (.19) | (.23) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.60) | (.26) C | (.24) | (.33) | (.42) C | |||||
Net asset value, end of period | $ | 10.84 | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 |
Total Return D | 6.10% | (13.75)% | 10.41% | 8.00% | 4.80% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .58% | .54% | .55% | .59% | .59% | |||||
Expenses net of fee waivers, if any | .58% | .54% | .54% | .59% | .59% | |||||
Expenses net of all reductions | .58% | .54% | .54% | .59% | .59% | |||||
Net investment income (loss) | 2.75% | 1.94% | 1.37% | 1.67% | 2.14% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 24,322 | $ | 30,027 | $ | 76,079 | $ | 19,225 | $ | 19,014 |
Portfolio turnover rate G | 22% | 23% | 18% | 23% | 34% |
Fidelity Advisor Asset Manager® 30% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 | $ | 11.14 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .31 | .24 | .18 | .20 | .24 | |||||
Net realized and unrealized gain (loss) | .34 | (1.96) | 1.04 | .69 | .29 | |||||
Total from investment operations | .65 | (1.72) | 1.22 | .89 | .53 | |||||
Distributions from net investment income | (.35) | (.22) | (.14) | (.20) | (.25) | |||||
Distributions from net realized gain | (.26) | (.04) | (.11) | (.14) | (.18) | |||||
Total distributions | (.61) | (.26) | (.24) D | (.34) | (.43) | |||||
Net asset value, end of period | $ | 10.83 | $ | 10.79 | $ | 12.77 | $ | 11.79 | $ | 11.24 |
Total Return E,F | 6.10% | (13.69)% | 10.44% | 8.10% | 5.01% | |||||
Ratios to Average Net Assets C,G,H | ||||||||||
Expenses before reductions | .49% | .49% | .49% | .50% | .50% I | |||||
Expenses net of fee waivers, if any | .49% | .49% | .49% | .49% | .50% I | |||||
Expenses net of all reductions | .49% | .49% | .49% | .49% | .50% I | |||||
Net investment income (loss) | 2.84% | 2.00% | 1.43% | 1.76% | 2.23% I | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 434,359 | $ | 399,817 | $ | 474,155 | $ | 9,698 | $ | 7,353 |
Portfolio turnover rate J | 22% | 23% | 18% | 23% | 34% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 1.9 | |
Apple, Inc. | 1.6 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Alphabet, Inc. Class A | 1.1 | |
Amazon.com, Inc. | 1.0 | |
iShares 20+ Year Treasury Bond ETF | 0.6 | |
Exxon Mobil Corp. | 0.6 | |
NVIDIA Corp. | 0.6 | |
Meta Platforms, Inc. Class A | 0.6 | |
JPMorgan Chase & Co. | 0.6 | |
9.9 | ||
Top Bond Issuers (% of Fund's net assets) | ||
(with maturities greater than one year) | ||
U.S. Treasury Obligations | 18.1 | |
Fannie Mae | 3.2 | |
Freddie Mac | 3.0 | |
Ginnie Mae | 1.6 | |
Uniform Mortgage Backed Securities | 1.5 | |
JPMorgan Chase & Co. | 0.7 | |
Morgan Stanley | 0.6 | |
Citigroup, Inc. | 0.5 | |
Bank of America Corp. | 0.4 | |
Petroleos Mexicanos | 0.3 | |
29.9 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 17.5 | |
Information Technology | 10.2 | |
Health Care | 6.4 | |
Industrials | 6.3 | |
Consumer Discretionary | 6.0 | |
Communication Services | 4.4 | |
Consumer Staples | 3.6 | |
Energy | 3.6 | |
Real Estate | 2.4 | |
Materials | 1.5 | |
Utilities | 1.1 | |
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) |
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. |
Equity Central Funds - 45.7% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 49,146 | 4,639,420 | |
Fidelity Emerging Markets Equity Central Fund (a) | 582,103 | 109,324,803 | |
Fidelity Hedged Equity Central Fund (a) | 262,991 | 27,282,644 | |
Fidelity International Equity Central Fund (a) | 2,712,407 | 239,831,032 | |
Fidelity Real Estate Equity Central Fund (a) | 75,657 | 8,476,564 | |
Fidelity U.S. Equity Central Fund (a) | 4,892,250 | 568,919,790 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $651,471,315) | 958,474,253 | ||
Fixed-Income Central Funds - 46.3% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.9% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 484,922 | 3,559,328 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 195,094 | 17,267,812 | |
Fidelity Floating Rate Central Fund (a) | 289,114 | 28,338,924 | |
Fidelity High Income Central Fund (a) | 107,214 | 10,843,591 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 60,009,655 | ||
Investment Grade Fixed-Income Funds - 43.4% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 242,367 | 21,328,261 | |
Fidelity International Credit Central Fund (a) | 71,224 | 5,419,421 | |
Fidelity Investment Grade Bond Central Fund (a) | 9,431,500 | 882,882,693 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 909,630,375 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $1,097,577,078) | 969,640,030 | ||
Money Market Central Funds - 6.2% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 61,315,952 | 61,328,215 | |
Fidelity Money Market Central Fund 5.51% (b) | 55,383,241 | 55,377,703 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 12,750,175 | 12,751,450 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $129,458,836) | 129,457,368 | ||
U.S. Treasury Obligations - 0.5% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.37% to 5.39% 12/7/23 to 12/21/23 (e) (Cost $10,500,360) | 10,610,000 | 10,501,744 | |
Investment Companies - 1.9% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 140,911 | 12,497,397 | |
iShares MSCI USA Minimum Volatility ETF | 377,297 | 27,308,757 | |
TOTAL INVESTMENT COMPANIES (Cost $40,974,040) | 39,806,154 | ||
TOTAL INVESTMENT IN SECURITIES - 100.6% (Cost $1,929,981,629) | 2,107,879,549 |
NET OTHER ASSETS (LIABILITIES) - (0.6)% | (12,636,205) |
NET ASSETS - 100.0% | 2,095,243,344 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 723 | Dec 2023 | 156,366,825 | 5,373,319 | 5,373,319 |
ICE MSCI Emerging Markets Index Contracts (United States) | 413 | Dec 2023 | 19,731,075 | 657,003 | 657,003 |
TOTAL FUTURES CONTRACTS | 6,030,322 | ||||
The notional amount of futures sold as a percentage of Net Assets is 8.4% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $10,095,739. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 25,779,181 | 315,812,745 | 280,263,711 | 1,056,184 | - | - | 61,328,215 | 0.1% |
Fidelity Commodity Strategy Central Fund | 48,250,509 | 1,183,927 | 42,657,880 | 718,683 | (10,589,326) | 8,452,190 | 4,639,420 | 2.0% |
Fidelity Emerging Markets Debt Central Fund | 5,115,458 | 527,340 | 2,267,347 | 276,297 | (448,041) | 631,918 | 3,559,328 | 0.2% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 4,816,726 | 11,664,536 | 50 | 14,076 | 16,617 | 769,983 | 17,267,812 | 6.3% |
Fidelity Emerging Markets Equity Central Fund | 95,037,432 | 35,052,084 | 30,220,591 | 3,329,594 | (7,849,440) | 17,305,318 | 109,324,803 | 5.1% |
Fidelity Floating Rate Central Fund | 64,536,473 | 5,203,500 | 43,519,881 | 4,331,351 | (1,478,273) | 3,597,105 | 28,338,924 | 1.9% |
Fidelity Hedged Equity Central Fund | - | 27,339,785 | - | 3,600 | - | (57,141) | 27,282,644 | 6.3% |
Fidelity High Income Central Fund | 17,596,056 | 1,547,073 | 8,954,003 | 1,209,729 | 259,573 | 394,892 | 10,843,591 | 0.8% |
Fidelity Inflation-Protected Bond Index Central Fund | 33,934,556 | 4,238,299 | 14,001,703 | 3,723,010 | (1,401,934) | (1,440,957) | 21,328,261 | 5.0% |
Fidelity International Credit Central Fund | 20,394,314 | 1,306,051 | 15,495,530 | 1,065,650 | (4,601,882) | 3,816,468 | 5,419,421 | 2.7% |
Fidelity International Equity Central Fund | 175,490,724 | 76,684,087 | 54,256,770 | 5,569,119 | (3,971,783) | 45,884,774 | 239,831,032 | 5.1% |
Fidelity Investment Grade Bond Central Fund | 844,746,742 | 173,542,970 | 113,777,733 | 33,975,041 | (6,813,180) | (14,816,106) | 882,882,693 | 2.4% |
Fidelity Money Market Central Fund 0.45% | 87,063,754 | 4,423,086 | 36,109,761 | 3,270,597 | (2,868) | 3,492 | 55,377,703 | 4.7% |
Fidelity Real Estate Equity Central Fund | 14,451,672 | 591,582 | 7,179,487 | 352,624 | 45,083 | 567,714 | 8,476,564 | 0.9% |
Fidelity Securities Lending Cash Central Fund 5.39% | - | 241,181,886 | 228,430,436 | 2,054 | - | - | 12,751,450 | 0.0% |
Fidelity U.S. Equity Central Fund | 617,394,236 | 24,864,786 | 176,145,967 | 16,833,778 | 2,783,874 | 100,022,861 | 568,919,790 | 3.6% |
Total | 2,054,607,833 | 925,163,737 | 1,053,280,850 | 75,731,387 | (34,051,580) | 165,132,511 | 2,057,571,651 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 958,474,253 | 958,474,253 | - | - |
Fixed-Income Central Funds | 969,640,030 | 969,640,030 | - | - |
Money Market Central Funds | 129,457,368 | 129,457,368 | - | - |
U.S Treasury Obligations | 10,501,744 | - | 10,501,744 | - |
Investment Companies | 39,806,154 | 39,806,154 | - | - |
Total Investments in Securities: | 2,107,879,549 | 2,097,377,805 | 10,501,744 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 6,030,322 | 6,030,322 | - | - |
Total Assets | 6,030,322 | 6,030,322 | - | - |
Total Derivative Instruments: | 6,030,322 | 6,030,322 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 6,030,322 | 0 |
Total Equity Risk | 6,030,322 | 0 |
Total Value of Derivatives | 6,030,322 | 0 |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $12,496,421) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $51,474,400) | $ | 50,307,898 | ||
Fidelity Central Funds (cost $1,878,507,229) | 2,057,571,651 | |||
Total Investment in Securities (cost $1,929,981,629) | $ | 2,107,879,549 | ||
Receivable for investments sold | 2,839,747 | |||
Receivable for fund shares sold | 227,182 | |||
Dividends receivable | 146,026 | |||
Distributions receivable from Fidelity Central Funds | 99,380 | |||
Receivable for daily variation margin on futures contracts | 433,800 | |||
Prepaid expenses | 3,020 | |||
Total assets | 2,111,628,704 | |||
Liabilities | ||||
Payable for investments purchased | $ | 125,873 | ||
Payable for fund shares redeemed | 2,515,968 | |||
Accrued management fee | 706,886 | |||
Distribution and service plan fees payable | 35,489 | |||
Other affiliated payables | 203,666 | |||
Other payables and accrued expenses | 46,028 | |||
Collateral on securities loaned | 12,751,450 | |||
Total Liabilities | 16,385,360 | |||
Net Assets | $ | 2,095,243,344 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 2,028,951,937 | ||
Total accumulated earnings (loss) | 66,291,407 | |||
Net Assets | $ | 2,095,243,344 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($69,847,992 ÷ 5,999,834 shares)(a) | $ | 11.64 | ||
Maximum offering price per share (100/94.25 of $11.64) | $ | 12.35 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($13,019,957 ÷ 1,120,454 shares)(a) | $ | 11.62 | ||
Maximum offering price per share (100/96.50 of $11.62) | $ | 12.04 | ||
Class C : | ||||
Net Asset Value and offering price per share ($17,575,866 ÷ 1,519,881 shares)(a) | $ | 11.56 | ||
Asset Manager 40% : | ||||
Net Asset Value, offering price and redemption price per share ($1,427,453,460 ÷ 122,633,441 shares) | $ | 11.64 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($36,450,581 ÷ 3,130,207 shares) | $ | 11.64 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($530,895,488 ÷ 45,607,014 shares) | $ | 11.64 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 1,125,147 | ||
Interest | 450,257 | |||
Income from Fidelity Central Funds (including $2,054 from security lending) | 66,060,043 | |||
Total Income | 67,635,447 | |||
Expenses | ||||
Management fee | $ | 8,758,520 | ||
Transfer agent fees | 1,768,622 | |||
Distribution and service plan fees | 437,740 | |||
Accounting fees | 720,650 | |||
Custodian fees and expenses | 40,127 | |||
Independent trustees' fees and expenses | 8,161 | |||
Registration fees | 106,309 | |||
Audit | 39,000 | |||
Legal | 4,711 | |||
Miscellaneous | 21,321 | |||
Total expenses before reductions | 11,905,161 | |||
Expense reductions | (59,553) | |||
Total expenses after reductions | 11,845,608 | |||
Net Investment income (loss) | 55,789,839 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (17,518,279) | |||
Fidelity Central Funds | (34,051,580) | |||
Futures contracts | (11,887,553) | |||
Capital gain distributions from Fidelity Central Funds | 9,671,344 | |||
Total net realized gain (loss) | (53,786,068) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 12,949,068 | |||
Fidelity Central Funds | 165,132,511 | |||
Futures contracts | (10,445,310) | |||
Total change in net unrealized appreciation (depreciation) | 167,636,269 | |||
Net gain (loss) | 113,850,201 | |||
Net increase (decrease) in net assets resulting from operations | $ | 169,640,040 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 55,789,839 | $ | 50,128,286 |
Net realized gain (loss) | (53,786,068) | 83,390,599 | ||
Change in net unrealized appreciation (depreciation) | 167,636,269 | (535,548,491) | ||
Net increase (decrease) in net assets resulting from operations | 169,640,040 | (402,029,606) | ||
Distributions to shareholders | (131,471,885) | (63,105,930) | ||
Share transactions - net increase (decrease) | (94,597,313) | 72,581,869 | ||
Total increase (decrease) in net assets | (56,429,158) | (392,553,667) | ||
Net Assets | ||||
Beginning of period | 2,151,672,502 | 2,544,226,169 | ||
End of period | $ | 2,095,243,344 | $ | 2,151,672,502 |
Fidelity Advisor Asset Manager® 40% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.46 | $ | 13.85 | $ | 12.49 | $ | 11.82 | $ | 11.87 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .27 | .22 | .15 | .17 | .21 | |||||
Net realized and unrealized gain (loss) | .58 | (2.32) | 1.47 | .88 | .21 | |||||
Total from investment operations | .85 | (2.10) | 1.62 | 1.05 | .42 | |||||
Distributions from net investment income | (.30) | (.18) | (.12) | (.17) | (.21) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.67) | (.29) | (.26) C | (.38) | (.47) C | |||||
Net asset value, end of period | $ | 11.64 | $ | 11.46 | $ | 13.85 | $ | 12.49 | $ | 11.82 |
Total Return D,E | 7.60% | (15.47)% | 13.06% | 9.06% | 3.90% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | .83% | .82% | .82% | .83% | .83% | |||||
Expenses net of fee waivers, if any | .82% | .82% | .82% | .83% | .83% | |||||
Expenses net of all reductions | .82% | .82% | .82% | .83% | .83% | |||||
Net investment income (loss) | 2.24% | 1.72% | 1.08% | 1.43% | 1.79% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 69,848 | $ | 69,848 | $ | 74,272 | $ | 48,985 | $ | 42,490 |
Portfolio turnover rate H | 21% | 16% | 22% | 24% | 36% |
Fidelity Advisor Asset Manager® 40% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.45 | $ | 13.83 | $ | 12.47 | $ | 11.80 | $ | 11.85 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .24 | .19 | .11 | .14 | .18 | |||||
Net realized and unrealized gain (loss) | .58 | (2.31) | 1.47 | .88 | .21 | |||||
Total from investment operations | .82 | (2.12) | 1.58 | 1.02 | .39 | |||||
Distributions from net investment income | (.28) | (.15) | (.09) | (.14) | (.17) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.65) | (.26) | (.22) | (.35) | (.44) | |||||
Net asset value, end of period | $ | 11.62 | $ | 11.45 | $ | 13.83 | $ | 12.47 | $ | 11.80 |
Total Return C,D | 7.28% | (15.63)% | 12.80% | 8.80% | 3.61% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.07% | 1.06% | 1.06% | 1.08% | 1.09% | |||||
Expenses net of fee waivers, if any | 1.06% | 1.06% | 1.06% | 1.08% | 1.09% | |||||
Expenses net of all reductions | 1.06% | 1.06% | 1.06% | 1.08% | 1.09% | |||||
Net investment income (loss) | 2.01% | 1.48% | .84% | 1.17% | 1.53% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 13,020 | $ | 12,231 | $ | 14,809 | $ | 11,898 | $ | 10,913 |
Portfolio turnover rate G | 21% | 16% | 22% | 24% | 36% |
Fidelity Advisor Asset Manager® 40% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.39 | $ | 13.77 | $ | 12.42 | $ | 11.75 | $ | 11.80 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .17 | .12 | .04 | .08 | .12 | |||||
Net realized and unrealized gain (loss) | .58 | (2.30) | 1.47 | .88 | .21 | |||||
Total from investment operations | .75 | (2.18) | 1.51 | .96 | .33 | |||||
Distributions from net investment income | (.21) | (.09) | (.03) | (.08) | (.12) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.58) | (.20) | (.16) | (.29) | (.38) C | |||||
Net asset value, end of period | $ | 11.56 | $ | 11.39 | $ | 13.77 | $ | 12.42 | $ | 11.75 |
Total Return D,E | 6.70% | (16.07)% | 12.24% | 8.25% | 3.11% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.59% | 1.59% | 1.59% | 1.59% | 1.60% | |||||
Expenses net of fee waivers, if any | 1.59% | 1.59% | 1.59% | 1.59% | 1.60% | |||||
Expenses net of all reductions | 1.59% | 1.59% | 1.59% | 1.59% | 1.60% | |||||
Net investment income (loss) | 1.48% | .95% | .31% | .66% | 1.03% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 17,576 | $ | 19,517 | $ | 26,841 | $ | 23,974 | $ | 24,834 |
Portfolio turnover rate H | 21% | 16% | 22% | 24% | 36% |
Fidelity Asset Manager® 40% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.46 | $ | 13.85 | $ | 12.49 | $ | 11.82 | $ | 11.87 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .30 | .26 | .19 | .21 | .24 | |||||
Net realized and unrealized gain (loss) | .59 | (2.32) | 1.46 | .88 | .22 | |||||
Total from investment operations | .89 | (2.06) | 1.65 | 1.09 | .46 | |||||
Distributions from net investment income | (.34) | (.22) | (.16) | (.21) | (.24) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.71) | (.33) | (.29) | (.42) | (.51) | |||||
Net asset value, end of period | $ | 11.64 | $ | 11.46 | $ | 13.85 | $ | 12.49 | $ | 11.82 |
Total Return C | 7.95% | (15.21)% | 13.38% | 9.41% | 4.23% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .53% | .52% | .52% | .52% | .52% | |||||
Expenses net of fee waivers, if any | .52% | .52% | .51% | .52% | .52% | |||||
Expenses net of all reductions | .52% | .52% | .51% | .52% | .52% | |||||
Net investment income (loss) | 2.55% | 2.02% | 1.39% | 1.73% | 2.10% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,427,453 | $ | 1,515,043 | $ | 1,829,755 | $ | 1,911,787 | $ | 1,704,998 |
Portfolio turnover rate F | 21% | 16% | 22% | 24% | 36% |
Fidelity Advisor Asset Manager® 40% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.47 | $ | 13.86 | $ | 12.49 | $ | 11.82 | $ | 11.87 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .30 | .26 | .18 | .20 | .24 | |||||
Net realized and unrealized gain (loss) | .58 | (2.32) | 1.48 | .88 | .21 | |||||
Total from investment operations | .88 | (2.06) | 1.66 | 1.08 | .45 | |||||
Distributions from net investment income | (.33) | (.21) | (.16) | (.20) | (.24) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.71) C | (.33) C | (.29) | (.41) | (.50) C | |||||
Net asset value, end of period | $ | 11.64 | $ | 11.47 | $ | 13.86 | $ | 12.49 | $ | 11.82 |
Total Return D | 7.79% | (15.24)% | 13.42% | 9.35% | 4.18% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .57% | .57% | .57% | .56% | .56% | |||||
Expenses net of fee waivers, if any | .57% | .57% | .56% | .56% | .56% | |||||
Expenses net of all reductions | .57% | .57% | .56% | .56% | .56% | |||||
Net investment income (loss) | 2.50% | 1.97% | 1.34% | 1.69% | 2.06% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 36,451 | $ | 34,286 | $ | 42,310 | $ | 28,708 | $ | 25,014 |
Portfolio turnover rate G | 21% | 16% | 22% | 24% | 36% |
Fidelity Advisor Asset Manager® 40% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 11.47 | $ | 13.86 | $ | 12.49 | $ | 11.82 | $ | 11.86 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .31 | .27 | .19 | .21 | .24 | |||||
Net realized and unrealized gain (loss) | .58 | (2.32) | 1.48 | .88 | .23 | |||||
Total from investment operations | .89 | (2.05) | 1.67 | 1.09 | .47 | |||||
Distributions from net investment income | (.34) | (.23) | (.17) | (.22) | (.24) | |||||
Distributions from net realized gain | (.37) | (.11) | (.13) | (.21) | (.27) | |||||
Total distributions | (.72) D | (.34) | (.30) | (.42) D | (.51) | |||||
Net asset value, end of period | $ | 11.64 | $ | 11.47 | $ | 13.86 | $ | 12.49 | $ | 11.82 |
Total Return E,F | 7.89% | (15.16)% | 13.49% | 9.45% | 4.34% | |||||
Ratios to Average Net Assets C,G,H | ||||||||||
Expenses before reductions | .49% | .49% | .49% | .50% | .50% I | |||||
Expenses net of fee waivers, if any | .49% | .49% | .49% | .49% | .50% I | |||||
Expenses net of all reductions | .49% | .49% | .49% | .49% | .50% I | |||||
Net investment income (loss) | 2.58% | 2.05% | 1.41% | 1.76% | 2.12% I | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 530,895 | $ | 500,747 | $ | 556,238 | $ | 12,416 | $ | 6,431 |
Portfolio turnover rate J | 21% | 16% | 22% | 24% | 36% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 2.3 | |
Apple, Inc. | 1.8 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Alphabet, Inc. Class A | 1.3 | |
Amazon.com, Inc. | 1.2 | |
iShares 20+ Year Treasury Bond ETF | 0.8 | |
Exxon Mobil Corp. | 0.7 | |
NVIDIA Corp. | 0.7 | |
Meta Platforms, Inc. Class A | 0.7 | |
JPMorgan Chase & Co. | 0.7 | |
11.5 | ||
Top Bond Issuers (% of Fund's net assets) | ||
(with maturities greater than one year) | ||
U.S. Treasury Obligations | 15.8 | |
Fannie Mae | 2.7 | |
Freddie Mac | 2.5 | |
Ginnie Mae | 1.5 | |
Uniform Mortgage Backed Securities | 1.3 | |
JPMorgan Chase & Co. | 0.6 | |
Morgan Stanley | 0.5 | |
Citigroup, Inc. | 0.3 | |
Bank of America Corp. | 0.3 | |
Petroleos Mexicanos | 0.3 | |
25.8 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 16.2 | |
Information Technology | 11.9 | |
Health Care | 7.2 | |
Industrials | 7.0 | |
Consumer Discretionary | 6.9 | |
Communication Services | 4.7 | |
Consumer Staples | 4.3 | |
Energy | 4.1 | |
Real Estate | 2.8 | |
Materials | 2.3 | |
Utilities | 1.0 | |
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) |
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. |
Equity Central Funds - 55.8% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 478,748 | 45,193,778 | |
Fidelity Emerging Markets Equity Central Fund (a) | 3,061,651 | 575,008,680 | |
Fidelity Hedged Equity Central Fund (a) | 1,142,415 | 118,514,113 | |
Fidelity International Equity Central Fund (a) | 15,214,433 | 1,345,260,183 | |
Fidelity Real Estate Equity Central Fund (a) | 326,057 | 36,531,465 | |
Fidelity U.S. Equity Central Fund (a) | 25,144,974 | 2,924,109,056 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $2,776,023,134) | 5,044,617,275 | ||
Fixed-Income Central Funds - 40.3% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.9% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 2,027,460 | 14,881,559 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 834,538 | 73,864,985 | |
Fidelity Floating Rate Central Fund (a) | 1,250,727 | 122,596,300 | |
Fidelity High Income Central Fund (a) | 463,956 | 46,924,476 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 258,267,320 | ||
Investment Grade Fixed-Income Funds - 37.4% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 1,311,450 | 115,407,562 | |
Fidelity International Credit Central Fund (a) | 615,627 | 46,843,042 | |
Fidelity Investment Grade Bond Central Fund (a) | 34,406,579 | 3,220,799,898 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 3,383,050,502 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $3,955,882,561) | 3,641,317,822 | ||
Money Market Central Funds - 1.4% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 122,215,177 | 122,239,620 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 751,075 | 751,150 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $122,990,770) | 122,990,770 | ||
U.S. Treasury Obligations - 0.4% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.35% to 5.39% 10/26/23 to 12/21/23 (e) (Cost $34,979,199) | 35,270,000 | 34,984,170 | |
Investment Companies - 2.1% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 856,816 | 75,991,011 | |
iShares MSCI USA Minimum Volatility ETF | 1,639,008 | 118,631,396 | |
TOTAL INVESTMENT COMPANIES (Cost $202,985,257) | 194,622,407 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $7,092,860,921) | 9,038,532,444 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (278,719) |
NET ASSETS - 100.0% | 9,038,253,725 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 2,493 | Dec 2023 | 539,173,575 | 16,681,630 | 16,681,630 |
ICE MSCI EAFE Index Contracts (United States) | 470 | Dec 2023 | 47,975,250 | 1,011,116 | 1,011,116 |
ICE MSCI Emerging Markets Index Contracts (United States) | 1,863 | Dec 2023 | 89,004,825 | 2,963,674 | 2,963,674 |
TOTAL FUTURES CONTRACTS | 20,656,420 | ||||
The notional amount of futures sold as a percentage of Net Assets is 7.5% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $33,315,361. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 91,967,268 | 1,115,299,031 | 1,085,026,679 | 2,614,806 | - | - | 122,239,620 | 0.3% |
Fidelity Commodity Strategy Central Fund | 203,314,745 | 5,842,664 | 155,302,897 | 4,197,778 | (39,581,199) | 30,920,465 | 45,193,778 | 19.9% |
Fidelity Emerging Markets Debt Central Fund | 20,685,617 | 1,959,079 | 8,482,629 | 1,142,465 | (2,031,567) | 2,751,059 | 14,881,559 | 0.7% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 23,176,447 | 47,040,114 | 199 | 63,539 | 78,895 | 3,569,728 | 73,864,985 | 26.9% |
Fidelity Emerging Markets Equity Central Fund | 486,823,346 | 149,200,667 | 115,074,770 | 18,236,167 | (23,527,749) | 77,587,186 | 575,008,680 | 26.7% |
Fidelity Floating Rate Central Fund | 273,001,460 | 21,111,607 | 180,527,100 | 18,520,253 | (6,056,308) | 15,066,641 | 122,596,300 | 8.3% |
Fidelity Hedged Equity Central Fund | - | 118,792,271 | - | 15,326 | - | (278,158) | 118,514,113 | 27.5% |
Fidelity High Income Central Fund | 75,459,699 | 6,066,787 | 37,393,213 | 5,225,324 | 1,423,556 | 1,367,647 | 46,924,476 | 3.3% |
Fidelity Inflation-Protected Bond Index Central Fund | 186,198,174 | 22,641,860 | 77,774,714 | 20,516,490 | (7,803,224) | (7,854,534) | 115,407,562 | 27.2% |
Fidelity International Credit Central Fund | 108,800,355 | 7,107,247 | 64,506,435 | 6,152,210 | (19,612,186) | 15,054,061 | 46,843,042 | 23.6% |
Fidelity International Equity Central Fund | 941,361,876 | 322,805,441 | 141,125,686 | 29,748,400 | (8,992,676) | 231,211,228 | 1,345,260,183 | 28.7% |
Fidelity Investment Grade Bond Central Fund | 2,986,555,177 | 721,489,766 | 405,763,480 | 123,343,275 | (15,209,448) | (66,272,117) | 3,220,799,898 | 8.7% |
Fidelity Real Estate Equity Central Fund | 61,134,245 | 2,204,856 | 29,350,109 | 1,507,994 | 202,420 | 2,340,053 | 36,531,465 | 3.9% |
Fidelity Securities Lending Cash Central Fund 5.39% | - | 361,494,268 | 360,743,118 | 8,116 | - | - | 751,150 | 0.0% |
Fidelity U.S. Equity Central Fund | 3,121,072,050 | 115,226,981 | 837,908,911 | 84,619,601 | 189,206,087 | 336,512,849 | 2,924,109,056 | 18.6% |
Total | 8,579,550,459 | 3,018,282,639 | 3,498,979,940 | 315,911,744 | 68,096,601 | 641,976,108 | 8,808,925,867 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 5,044,617,275 | 5,044,617,275 | - | - |
Fixed-Income Central Funds | 3,641,317,822 | 3,641,317,822 | - | - |
Money Market Central Funds | 122,990,770 | 122,990,770 | - | - |
U.S Treasury Obligations | 34,984,170 | - | 34,984,170 | - |
Investment Companies | 194,622,407 | 194,622,407 | - | - |
Total Investments in Securities: | 9,038,532,444 | 9,003,548,274 | 34,984,170 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 20,656,420 | 20,656,420 | - | - |
Total Assets | 20,656,420 | 20,656,420 | - | - |
Total Derivative Instruments: | 20,656,420 | 20,656,420 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 20,656,420 | 0 |
Total Equity Risk | 20,656,420 | 0 |
Total Value of Derivatives | 20,656,420 | 0 |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $736,127) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $237,964,456) | $ | 229,606,577 | ||
Fidelity Central Funds (cost $6,854,896,465) | 8,808,925,867 | |||
Total Investment in Securities (cost $7,092,860,921) | $ | 9,038,532,444 | ||
Receivable for investments sold | 8,269,371 | |||
Receivable for fund shares sold | 721,601 | |||
Dividends receivable | 634,348 | |||
Distributions receivable from Fidelity Central Funds | 157,372 | |||
Receivable for daily variation margin on futures contracts | 1,662,650 | |||
Prepaid expenses | 13,083 | |||
Other receivables | 162,874 | |||
Total assets | 9,050,153,743 | |||
Liabilities | ||||
Payable for investments purchased | $ | 427,389 | ||
Payable for fund shares redeemed | 5,808,495 | |||
Accrued management fee | 3,648,343 | |||
Transfer agent fee payable | 821,517 | |||
Distribution and service plan fees payable | 71,340 | |||
Other affiliated payables | 122,576 | |||
Other payables and accrued expenses | 249,208 | |||
Collateral on securities loaned | 751,150 | |||
Total Liabilities | 11,900,018 | |||
Net Assets | $ | 9,038,253,725 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 7,901,671,497 | ||
Total accumulated earnings (loss) | 1,136,582,228 | |||
Net Assets | $ | 9,038,253,725 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($116,526,372 ÷ 6,423,601 shares)(a) | $ | 18.14 | ||
Maximum offering price per share (100/94.25 of $18.14) | $ | 19.25 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($48,133,911 ÷ 2,657,112 shares)(a) | $ | 18.12 | ||
Maximum offering price per share (100/96.50 of $18.12) | $ | 18.78 | ||
Class C : | ||||
Net Asset Value and offering price per share ($29,985,656 ÷ 1,672,755 shares)(a) | $ | 17.93 | ||
Asset Manager 50% : | ||||
Net Asset Value, offering price and redemption price per share ($6,958,278,365 ÷ 381,594,339 shares) | $ | 18.23 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($50,985,563 ÷ 2,802,018 shares) | $ | 18.20 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($1,834,343,858 ÷ 100,897,305 shares) | $ | 18.18 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 5,414,500 | ||
Interest | 1,608,922 | |||
Income from Fidelity Central Funds (including $8,116 from security lending) | 266,910,938 | |||
Total Income | 273,934,360 | |||
Expenses | ||||
Management fee | $ | 44,897,686 | ||
Transfer agent fees | 9,948,133 | |||
Distribution and service plan fees | 870,740 | |||
Accounting fees | 1,478,777 | |||
Custodian fees and expenses | 32,305 | |||
Independent trustees' fees and expenses | 34,815 | |||
Registration fees | 119,007 | |||
Audit | 47,816 | |||
Legal | 19,955 | |||
Miscellaneous | 96,342 | |||
Total expenses before reductions | 57,545,576 | |||
Expense reductions | (475,796) | |||
Total expenses after reductions | 57,069,780 | |||
Net Investment income (loss) | 216,864,580 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (86,428,374) | |||
Fidelity Central Funds | 68,096,601 | |||
Futures contracts | (46,068,460) | |||
Capital gain distributions from Fidelity Central Funds | 49,000,806 | |||
Total net realized gain (loss) | (15,399,427) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 64,775,518 | |||
Fidelity Central Funds | 641,976,108 | |||
Futures contracts | (44,882,363) | |||
Total change in net unrealized appreciation (depreciation) | 661,869,263 | |||
Net gain (loss) | 646,469,836 | |||
Net increase (decrease) in net assets resulting from operations | $ | 863,334,416 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 216,864,580 | $ | 208,898,662 |
Net realized gain (loss) | (15,399,427) | 465,207,708 | ||
Change in net unrealized appreciation (depreciation) | 661,869,263 | (2,558,606,467) | ||
Net increase (decrease) in net assets resulting from operations | 863,334,416 | (1,884,500,097) | ||
Distributions to shareholders | (639,672,674) | (345,832,994) | ||
Share transactions - net increase (decrease) | (196,061,966) | (312,881,619) | ||
Total increase (decrease) in net assets | 27,599,776 | (2,543,214,710) | ||
Net Assets | ||||
Beginning of period | 9,010,653,949 | 11,553,868,659 | ||
End of period | $ | 9,038,253,725 | $ | 9,010,653,949 |
Fidelity Advisor Asset Manager® 50% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.75 | $ | 21.98 | $ | 19.33 | $ | 18.22 | $ | 18.58 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .37 | .33 | .20 | .24 | .28 | |||||
Net realized and unrealized gain (loss) | 1.24 | (3.97) | 2.86 | 1.57 | .20 | |||||
Total from investment operations | 1.61 | (3.64) | 3.06 | 1.81 | .48 | |||||
Distributions from net investment income | (.44) | (.28) | (.17) | (.25) | (.29) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.22) | (.59) | (.41) | (.70) | (.84) | |||||
Net asset value, end of period | $ | 18.14 | $ | 17.75 | $ | 21.98 | $ | 19.33 | $ | 18.22 |
Total Return C,D | 9.29% | (17.02)% | 15.99% | 10.15% | 3.07% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .91% | .91% | .91% | .93% | .94% | |||||
Expenses net of fee waivers, if any | .91% | .90% | .91% | .92% | .94% | |||||
Expenses net of all reductions | .91% | .90% | .91% | .92% | .94% | |||||
Net investment income (loss) | 2.00% | 1.63% | .94% | 1.32% | 1.57% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 116,526 | $ | 110,693 | $ | 134,052 | $ | 106,339 | $ | 95,542 |
Portfolio turnover rate G | 20% | 20% | 17% | 24% | 37% |
Fidelity Advisor Asset Manager® 50% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.73 | $ | 21.95 | $ | 19.31 | $ | 18.20 | $ | 18.56 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .32 | .28 | .15 | .20 | .23 | |||||
Net realized and unrealized gain (loss) | 1.24 | (3.95) | 2.85 | 1.57 | .21 | |||||
Total from investment operations | 1.56 | (3.67) | 3.00 | 1.77 | .44 | |||||
Distributions from net investment income | (.39) | (.24) | (.12) | (.20) | (.25) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.17) | (.55) | (.36) | (.66) C | (.80) | |||||
Net asset value, end of period | $ | 18.12 | $ | 17.73 | $ | 21.95 | $ | 19.31 | $ | 18.20 |
Total Return D,E | 9.03% | (17.18)% | 15.69% | 9.89% | 2.81% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.15% | 1.15% | 1.15% | 1.17% | 1.18% | |||||
Expenses net of fee waivers, if any | 1.15% | 1.15% | 1.15% | 1.16% | 1.18% | |||||
Expenses net of all reductions | 1.15% | 1.15% | 1.15% | 1.16% | 1.18% | |||||
Net investment income (loss) | 1.76% | 1.39% | .70% | 1.08% | 1.33% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 48,134 | $ | 47,759 | $ | 57,507 | $ | 45,076 | $ | 42,658 |
Portfolio turnover rate H | 20% | 20% | 17% | 24% | 37% |
Fidelity Advisor Asset Manager® 50% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.55 | $ | 21.76 | $ | 19.16 | $ | 18.05 | $ | 18.42 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .23 | .18 | .04 | .10 | .14 | |||||
Net realized and unrealized gain (loss) | 1.23 | (3.93) | 2.84 | 1.57 | .20 | |||||
Total from investment operations | 1.46 | (3.75) | 2.88 | 1.67 | .34 | |||||
Distributions from net investment income | (.29) | (.15) | (.04) | (.11) | (.16) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.08) C | (.46) | (.28) | (.56) | (.71) | |||||
Net asset value, end of period | $ | 17.93 | $ | 17.55 | $ | 21.76 | $ | 19.16 | $ | 18.05 |
Total Return D,E | 8.47% | (17.64)% | 15.12% | 9.38% | 2.25% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.66% | 1.66% | 1.67% | 1.68% | 1.69% | |||||
Expenses net of fee waivers, if any | 1.66% | 1.66% | 1.67% | 1.68% | 1.69% | |||||
Expenses net of all reductions | 1.66% | 1.66% | 1.67% | 1.68% | 1.69% | |||||
Net investment income (loss) | 1.24% | .87% | .18% | .56% | .82% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 29,986 | $ | 31,796 | $ | 51,226 | $ | 44,990 | $ | 46,487 |
Portfolio turnover rate H | 20% | 20% | 17% | 24% | 37% |
Fidelity Asset Manager® 50% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.84 | $ | 22.09 | $ | 19.42 | $ | 18.30 | $ | 18.66 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .43 | .40 | .27 | .30 | .33 | |||||
Net realized and unrealized gain (loss) | 1.24 | (3.99) | 2.87 | 1.58 | .21 | |||||
Total from investment operations | 1.67 | (3.59) | 3.14 | 1.88 | .54 | |||||
Distributions from net investment income | (.49) | (.35) | (.23) | (.30) | (.35) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.28) C | (.66) | (.47) | (.76) C | (.90) | |||||
Net asset value, end of period | $ | 18.23 | $ | 17.84 | $ | 22.09 | $ | 19.42 | $ | 18.30 |
Total Return D | 9.59% | (16.79)% | 16.36% | 10.51% | 3.37% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .61% | .61% | .61% | .62% | .63% | |||||
Expenses net of fee waivers, if any | .61% | .60% | .60% | .62% | .63% | |||||
Expenses net of all reductions | .61% | .60% | .60% | .62% | .63% | |||||
Net investment income (loss) | 2.29% | 1.93% | 1.25% | 1.63% | 1.88% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 6,958,278 | $ | 7,094,870 | $ | 9,274,634 | $ | 9,387,915 | $ | 9,026,444 |
Portfolio turnover rate G | 20% | 20% | 17% | 24% | 37% |
Fidelity Advisor Asset Manager® 50% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.80 | $ | 22.04 | $ | 19.38 | $ | 18.26 | $ | 18.62 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .42 | .39 | .26 | .29 | .33 | |||||
Net realized and unrealized gain (loss) | 1.25 | (3.98) | 2.87 | 1.58 | .20 | |||||
Total from investment operations | 1.67 | (3.59) | 3.13 | 1.87 | .53 | |||||
Distributions from net investment income | (.49) | (.34) | (.23) | (.30) | (.34) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.27) | (.65) | (.47) | (.75) | (.89) | |||||
Net asset value, end of period | $ | 18.20 | $ | 17.80 | $ | 22.04 | $ | 19.38 | $ | 18.26 |
Total Return C | 9.63% | (16.80)% | 16.30% | 10.49% | 3.33% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .64% | .64% | .64% | .65% | .66% | |||||
Expenses net of fee waivers, if any | .63% | .64% | .64% | .65% | .66% | |||||
Expenses net of all reductions | .63% | .64% | .64% | .65% | .66% | |||||
Net investment income (loss) | 2.27% | 1.90% | 1.21% | 1.59% | 1.85% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 50,986 | $ | 60,352 | $ | 81,320 | $ | 55,021 | $ | 62,141 |
Portfolio turnover rate F | 20% | 20% | 17% | 24% | 37% |
Fidelity Advisor Asset Manager® 50% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 17.79 | $ | 22.03 | $ | 19.37 | $ | 18.26 | $ | 18.59 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .44 | .41 | .28 | .31 | .35 | |||||
Net realized and unrealized gain (loss) | 1.24 | (3.98) | 2.87 | 1.57 | .23 | |||||
Total from investment operations | 1.68 | (3.57) | 3.15 | 1.88 | .58 | |||||
Distributions from net investment income | (.51) | (.36) | (.25) | (.32) | (.36) | |||||
Distributions from net realized gain | (.78) | (.31) | (.24) | (.45) | (.55) | |||||
Total distributions | (1.29) | (.67) | (.49) | (.77) | (.91) | |||||
Net asset value, end of period | $ | 18.18 | $ | 17.79 | $ | 22.03 | $ | 19.37 | $ | 18.26 |
Total Return D,E | 9.71% | (16.71)% | 16.43% | 10.56% | 3.61% | |||||
Ratios to Average Net Assets C,F,G | ||||||||||
Expenses before reductions | .54% | .53% | .54% | .55% | .55% H | |||||
Expenses net of fee waivers, if any | .53% | .53% | .54% | .54% | .55% H | |||||
Expenses net of all reductions | .53% | .53% | .54% | .54% | .55% H | |||||
Net investment income (loss) | 2.37% | 2.00% | 1.32% | 1.70% | 1.96% H | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,834,344 | $ | 1,665,184 | $ | 1,955,130 | $ | 26,638 | $ | 20,968 |
Portfolio turnover rate I | 20% | 20% | 17% | 24% | 37% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 2.6 | |
Apple, Inc. | 2.1 | |
Alphabet, Inc. Class A | 1.5 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Amazon.com, Inc. | 1.3 | |
Exxon Mobil Corp. | 0.8 | |
iShares 20+ Year Treasury Bond ETF | 0.6 | |
NVIDIA Corp. | 0.7 | |
Meta Platforms, Inc. Class A | 0.7 | |
JPMorgan Chase & Co. | 0.7 | |
12.3 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 15.8 | |
Information Technology | 13.3 | |
Health Care | 7.9 | |
Industrials | 7.9 | |
Consumer Discretionary | 7.3 | |
Communication Services | 5.2 | |
Consumer Staples | 4.6 | |
Energy | 4.4 | |
Materials | 2.9 | |
Real Estate | 2.4 | |
Utilities | 1.0 | |
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) |
Short-Term Class - (0.2)% |
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. |
Equity Central Funds - 62.2% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 196,910 | 18,588,270 | |
Fidelity Emerging Markets Equity Central Fund (a) | 1,477,424 | 277,474,909 | |
Fidelity Hedged Equity Central Fund (a) | 463,063 | 48,038,169 | |
Fidelity International Equity Central Fund (a) | 6,552,501 | 579,372,171 | |
Fidelity Real Estate Equity Central Fund (a) | 133,812 | 14,992,261 | |
Fidelity U.S. Equity Central Fund (a) | 11,779,057 | 1,369,786,584 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $1,566,446,292) | 2,308,252,364 | ||
Fixed-Income Central Funds - 34.5% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.6% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 1,161,348 | 8,524,296 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 333,064 | 29,479,528 | |
Fidelity Floating Rate Central Fund (a) | 413,401 | 40,521,596 | |
Fidelity High Income Central Fund (a) | 191,031 | 19,320,907 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 97,846,327 | ||
Investment Grade Fixed-Income Funds - 31.9% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 648,217 | 57,043,055 | |
Fidelity International Credit Central Fund (a) | 253,481 | 19,287,389 | |
Fidelity Investment Grade Bond Central Fund (a) | 11,810,440 | 1,105,575,307 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 1,181,905,751 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $1,433,258,702) | 1,279,752,078 | ||
Money Market Central Funds - 1.7% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 40,378,444 | 40,386,520 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 22,269,823 | 22,272,050 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $62,658,570) | 62,658,570 | ||
U.S. Treasury Obligations - 0.3% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.33% to 5.39% 10/26/23 to 12/21/23 (e) (Cost $11,196,240) | 11,300,000 | 11,197,820 | |
Investment Companies - 1.9% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 282,047 | 25,014,748 | |
iShares MSCI USA Minimum Volatility ETF | 664,385 | 48,088,188 | |
TOTAL INVESTMENT COMPANIES (Cost $75,813,150) | 73,102,936 | ||
TOTAL INVESTMENT IN SECURITIES - 100.6% (Cost $3,149,372,954) | 3,734,963,768 |
NET OTHER ASSETS (LIABILITIES) - (0.6)% | (22,481,745) |
NET ASSETS - 100.0% | 3,712,482,023 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE MSCI EAFE Index Contracts (United States) | 609 | Dec 2023 | 62,163,675 | (2,126,524) | (2,126,524) |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 776 | Dec 2023 | 167,829,400 | 4,386,663 | 4,386,663 |
ICE MSCI Emerging Markets Index Contracts (United States) | 763 | Dec 2023 | 36,452,325 | 1,213,786 | 1,213,786 |
TOTAL SOLD | 5,600,449 | ||||
TOTAL FUTURES CONTRACTS | 3,473,925 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 1.7% | |||||
The notional amount of futures sold as a percentage of Net Assets is 5.5% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $10,482,981. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 19,144,438 | 352,056,819 | 330,814,737 | 965,641 | - | - | 40,386,520 | 0.1% |
Fidelity Commodity Strategy Central Fund | 87,982,827 | 3,487,807 | 69,213,615 | 1,775,744 | (12,349,086) | 8,680,337 | 18,588,270 | 8.2% |
Fidelity Emerging Markets Debt Central Fund | 9,389,231 | 1,461,089 | 2,615,465 | 561,401 | (489,179) | 778,620 | 8,524,296 | 0.4% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 8,782,496 | 19,289,867 | 55 | 24,638 | 26,874 | 1,380,346 | 29,479,528 | 10.7% |
Fidelity Emerging Markets Equity Central Fund | 224,652,096 | 62,471,835 | 35,071,199 | 8,687,456 | (9,373,432) | 34,795,609 | 277,474,909 | 12.9% |
Fidelity Floating Rate Central Fund | 106,769,688 | 8,355,372 | 77,874,768 | 6,583,887 | (2,836,392) | 6,107,696 | 40,521,596 | 2.7% |
Fidelity Hedged Equity Central Fund | - | 48,163,347 | - | 6,083 | - | (125,178) | 48,038,169 | 11.1% |
Fidelity High Income Central Fund | 29,754,467 | 2,911,007 | 14,442,945 | 2,095,172 | 386,034 | 712,344 | 19,320,907 | 1.3% |
Fidelity Inflation-Protected Bond Index Central Fund | 75,762,196 | 10,608,889 | 22,766,546 | 8,434,347 | (2,313,275) | (4,248,209) | 57,043,055 | 13.5% |
Fidelity International Credit Central Fund | 44,027,858 | 3,424,099 | 26,323,821 | 2,442,313 | (7,993,155) | 6,152,408 | 19,287,389 | 9.7% |
Fidelity International Equity Central Fund | 393,745,617 | 148,538,136 | 55,095,899 | 12,649,495 | (2,379,564) | 94,563,881 | 579,372,171 | 12.3% |
Fidelity Investment Grade Bond Central Fund | 969,331,203 | 260,599,528 | 96,408,593 | 41,164,986 | (1,057,288) | (26,889,543) | 1,105,575,307 | 3.0% |
Fidelity Real Estate Equity Central Fund | 23,887,449 | 1,290,050 | 11,146,673 | 602,093 | 94,096 | 867,339 | 14,992,261 | 1.6% |
Fidelity Securities Lending Cash Central Fund 5.39% | 21,668,650 | 709,997,335 | 709,393,935 | 6,820 | - | - | 22,272,050 | 0.1% |
Fidelity U.S. Equity Central Fund | 1,329,560,304 | 77,075,695 | 265,278,317 | 37,760,085 | 12,728,903 | 215,699,999 | 1,369,786,584 | 8.7% |
Total | 3,344,458,520 | 1,709,730,875 | 1,716,446,568 | 123,760,161 | (25,555,464) | 338,475,649 | 3,650,663,012 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 2,308,252,364 | 2,308,252,364 | - | - |
Fixed-Income Central Funds | 1,279,752,078 | 1,279,752,078 | - | - |
Money Market Central Funds | 62,658,570 | 62,658,570 | - | - |
U.S Treasury Obligations | 11,197,820 | - | 11,197,820 | - |
Investment Companies | 73,102,936 | 73,102,936 | - | - |
Total Investments in Securities: | 3,734,963,768 | 3,723,765,948 | 11,197,820 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 5,600,449 | 5,600,449 | - | - |
Total Assets | 5,600,449 | 5,600,449 | - | - |
Liabilities | ||||
Futures Contracts | (2,126,524) | (2,126,524) | - | - |
Total Liabilities | (2,126,524) | (2,126,524) | - | - |
Total Derivative Instruments: | 3,473,925 | 3,473,925 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 5,600,449 | (2,126,524) |
Total Equity Risk | 5,600,449 | (2,126,524) |
Total Value of Derivatives | 5,600,449 | (2,126,524) |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $21,826,609) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $87,009,390) | $ | 84,300,756 | ||
Fidelity Central Funds (cost $3,062,363,564) | 3,650,663,012 | |||
Total Investment in Securities (cost $3,149,372,954) | $ | 3,734,963,768 | ||
Foreign currency held at value (cost $266) | 255 | |||
Receivable for investments sold | 2,719,392 | |||
Receivable for fund shares sold | 2,269,396 | |||
Dividends receivable | 275,795 | |||
Distributions receivable from Fidelity Central Funds | 35,934 | |||
Receivable for daily variation margin on futures contracts | 249,405 | |||
Prepaid expenses | 5,287 | |||
Other receivables | 2,355 | |||
Total assets | 3,740,521,587 | |||
Liabilities | ||||
Payable for investments purchased | $ | 162,497 | ||
Payable for fund shares redeemed | 3,403,360 | |||
Accrued management fee | 1,656,836 | |||
Distribution and service plan fees payable | 78,000 | |||
Other affiliated payables | 412,572 | |||
Other payables and accrued expenses | 54,249 | |||
Collateral on securities loaned | 22,272,050 | |||
Total Liabilities | 28,039,564 | |||
Net Assets | $ | 3,712,482,023 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 3,277,266,540 | ||
Total accumulated earnings (loss) | 435,215,483 | |||
Net Assets | $ | 3,712,482,023 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($149,984,926 ÷ 11,101,917 shares)(a) | $ | 13.51 | ||
Maximum offering price per share (100/94.25 of $13.51) | $ | 14.33 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($45,642,165 ÷ 3,400,692 shares)(a) | $ | 13.42 | ||
Maximum offering price per share (100/96.50 of $13.42) | $ | 13.91 | ||
Class C : | ||||
Net Asset Value and offering price per share ($30,785,835 ÷ 2,323,884 shares)(a) | $ | 13.25 | ||
Asset Manager 60% : | ||||
Net Asset Value, offering price and redemption price per share ($2,043,413,861 ÷ 150,210,344 shares) | $ | 13.60 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($101,803,309 ÷ 7,482,284 shares) | $ | 13.61 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($1,340,851,927 ÷ 98,605,616 shares) | $ | 13.60 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 2,294,301 | ||
Interest | 576,506 | |||
Income from Fidelity Central Funds (including $6,820 from security lending) | 102,273,209 | |||
Total Income | 105,144,016 | |||
Expenses | ||||
Management fee | $ | 19,865,688 | ||
Transfer agent fees | 3,652,755 | |||
Distribution and service plan fees | 947,309 | |||
Accounting fees | 1,246,556 | |||
Custodian fees and expenses | 34,774 | |||
Independent trustees' fees and expenses | 13,838 | |||
Registration fees | 117,756 | |||
Audit | 39,088 | |||
Legal | 16,103 | |||
Miscellaneous | 37,192 | |||
Total expenses before reductions | 25,971,059 | |||
Expense reductions | (189,408) | |||
Total expenses after reductions | 25,781,651 | |||
Net Investment income (loss) | 79,362,365 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (35,014,099) | |||
Fidelity Central Funds | (25,555,464) | |||
Foreign currency transactions | 1 | |||
Futures contracts | (5,467,353) | |||
Capital gain distributions from Fidelity Central Funds | 21,486,952 | |||
Total net realized gain (loss) | (44,549,963) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 26,166,521 | |||
Fidelity Central Funds | 338,475,649 | |||
Assets and liabilities in foreign currencies | 1,394 | |||
Futures contracts | (1,963,555) | |||
Total change in net unrealized appreciation (depreciation) | 362,680,009 | |||
Net gain (loss) | 318,130,046 | |||
Net increase (decrease) in net assets resulting from operations | $ | 397,492,411 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 79,362,365 | $ | 77,394,423 |
Net realized gain (loss) | (44,549,963) | 135,782,767 | ||
Change in net unrealized appreciation (depreciation) | 362,680,009 | (1,021,962,706) | ||
Net increase (decrease) in net assets resulting from operations | 397,492,411 | (808,785,516) | ||
Distributions to shareholders | (156,194,680) | (114,158,802) | ||
Share transactions - net increase (decrease) | (14,706,584) | 176,306,744 | ||
Total increase (decrease) in net assets | 226,591,147 | (746,637,574) | ||
Net Assets | ||||
Beginning of period | 3,485,890,876 | 4,232,528,450 | ||
End of period | $ | 3,712,482,023 | $ | 3,485,890,876 |
Fidelity Advisor Asset Manager® 60% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.66 | $ | 15.88 | $ | 13.57 | $ | 12.68 | $ | 12.92 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .24 | .23 | .13 | .15 | .17 | |||||
Net realized and unrealized gain (loss) | 1.14 | (3.08) | 2.42 | 1.24 | .06 | |||||
Total from investment operations | 1.38 | (2.85) | 2.55 | 1.39 | .23 | |||||
Distributions from net investment income | (.25) | (.18) | (.12) | (.17) | (.15) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.53) | (.37) | (.24) | (.50) | (.47) | |||||
Net asset value, end of period | $ | 13.51 | $ | 12.66 | $ | 15.88 | $ | 13.57 | $ | 12.68 |
Total Return C,D | 11.09% | (18.47)% | 18.90% | 11.13% | 2.24% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .99% | .99% | .99% | 1.00% | 1.02% | |||||
Expenses net of fee waivers, if any | .99% | .99% | .99% | 1.00% | 1.01% | |||||
Expenses net of all reductions | .99% | .99% | .99% | 1.00% | 1.01% | |||||
Net investment income (loss) | 1.79% | 1.55% | .84% | 1.19% | 1.40% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 149,985 | $ | 138,958 | $ | 167,442 | $ | 129,967 | $ | 128,269 |
Portfolio turnover rate G | 21% | 23% | 19% | 29% | 39% |
Fidelity Advisor Asset Manager® 60% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.58 | $ | 15.78 | $ | 13.48 | $ | 12.60 | $ | 12.84 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .21 | .19 | .09 | .12 | .14 | |||||
Net realized and unrealized gain (loss) | 1.13 | (3.07) | 2.41 | 1.22 | .06 | |||||
Total from investment operations | 1.34 | (2.88) | 2.50 | 1.34 | .20 | |||||
Distributions from net investment income | (.22) | (.13) | (.08) | (.13) | (.12) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.50) | (.32) | (.20) | (.46) | (.44) | |||||
Net asset value, end of period | $ | 13.42 | $ | 12.58 | $ | 15.78 | $ | 13.48 | $ | 12.60 |
Total Return C,D | 10.79% | (18.67)% | 18.67% | 10.83% | 2.01% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.23% | 1.23% | 1.24% | 1.26% | 1.28% | |||||
Expenses net of fee waivers, if any | 1.23% | 1.23% | 1.24% | 1.25% | 1.25% | |||||
Expenses net of all reductions | 1.23% | 1.23% | 1.24% | 1.25% | 1.25% | |||||
Net investment income (loss) | 1.55% | 1.31% | .59% | .94% | 1.15% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 45,642 | $ | 43,630 | $ | 54,174 | $ | 49,060 | $ | 49,997 |
Portfolio turnover rate G | 21% | 23% | 19% | 29% | 39% |
Fidelity Advisor Asset Manager® 60% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.39 | $ | 15.55 | $ | 13.29 | $ | 12.42 | $ | 12.67 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .14 | .12 | .01 | .05 | .08 | |||||
Net realized and unrealized gain (loss) | 1.12 | (3.05) | 2.38 | 1.21 | .06 | |||||
Total from investment operations | 1.26 | (2.93) | 2.39 | 1.26 | .14 | |||||
Distributions from net investment income | (.12) | (.04) | - C | (.06) | (.07) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.40) | (.23) | (.13) D | (.39) | (.39) | |||||
Net asset value, end of period | $ | 13.25 | $ | 12.39 | $ | 15.55 | $ | 13.29 | $ | 12.42 |
Total Return E,F | 10.30% | (19.15)% | 18.02% | 10.29% | 1.47% | |||||
Ratios to Average Net Assets B,G,H | ||||||||||
Expenses before reductions | 1.76% | 1.75% | 1.77% | 1.79% | 1.81% | |||||
Expenses net of fee waivers, if any | 1.76% | 1.75% | 1.77% | 1.76% | 1.76% | |||||
Expenses net of all reductions | 1.76% | 1.75% | 1.77% | 1.76% | 1.76% | |||||
Net investment income (loss) | 1.03% | .79% | .06% | .42% | .64% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 30,786 | $ | 32,289 | $ | 55,262 | $ | 61,950 | $ | 67,955 |
Portfolio turnover rate I | 21% | 23% | 19% | 29% | 39% |
Fidelity Asset Manager® 60% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.75 | $ | 15.98 | $ | 13.65 | $ | 12.75 | $ | 12.98 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .29 | .28 | .18 | .19 | .21 | |||||
Net realized and unrealized gain (loss) | 1.14 | (3.10) | 2.43 | 1.25 | .06 | |||||
Total from investment operations | 1.43 | (2.82) | 2.61 | 1.44 | .27 | |||||
Distributions from net investment income | (.29) | (.22) | (.16) | (.21) | (.18) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.58) C | (.41) | (.28) | (.54) | (.50) | |||||
Net asset value, end of period | $ | 13.60 | $ | 12.75 | $ | 15.98 | $ | 13.65 | $ | 12.75 |
Total Return D | 11.38% | (18.20)% | 19.28% | 11.50% | 2.60% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .68% | .67% | .67% | .69% | .70% | |||||
Expenses net of fee waivers, if any | .68% | .67% | .67% | .68% | .69% | |||||
Expenses net of all reductions | .68% | .67% | .67% | .68% | .69% | |||||
Net investment income (loss) | 2.10% | 1.87% | 1.15% | 1.51% | 1.71% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 2,043,414 | $ | 1,935,217 | $ | 2,427,382 | $ | 2,950,010 | $ | 2,727,092 |
Portfolio turnover rate G | 21% | 23% | 19% | 29% | 39% |
Fidelity Advisor Asset Manager® 60% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.75 | $ | 15.99 | $ | 13.66 | $ | 12.76 | $ | 12.99 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .28 | .27 | .17 | .19 | .21 | |||||
Net realized and unrealized gain (loss) | 1.15 | (3.10) | 2.43 | 1.24 | .05 | |||||
Total from investment operations | 1.43 | (2.83) | 2.60 | 1.43 | .26 | |||||
Distributions from net investment income | (.29) | (.22) | (.15) | (.20) | (.17) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.57) | (.41) | (.27) | (.53) | (.49) | |||||
Net asset value, end of period | $ | 13.61 | $ | 12.75 | $ | 15.99 | $ | 13.66 | $ | 12.76 |
Total Return C | 11.39% | (18.27)% | 19.20% | 11.44% | 2.56% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .74% | .74% | .74% | .74% | .75% | |||||
Expenses net of fee waivers, if any | .74% | .73% | .74% | .73% | .73% | |||||
Expenses net of all reductions | .74% | .73% | .74% | .73% | .73% | |||||
Net investment income (loss) | 2.04% | 1.81% | 1.09% | 1.46% | 1.67% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 101,803 | $ | 95,499 | $ | 115,782 | $ | 51,429 | $ | 55,379 |
Portfolio turnover rate F | 21% | 23% | 19% | 29% | 39% |
Fidelity Advisor Asset Manager® 60% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 12.74 | $ | 15.98 | $ | 13.65 | $ | 12.76 | $ | 12.97 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .30 | .29 | .19 | .20 | .22 | |||||
Net realized and unrealized gain (loss) | 1.15 | (3.10) | 2.43 | 1.24 | .08 | |||||
Total from investment operations | 1.45 | (2.81) | 2.62 | 1.44 | .30 | |||||
Distributions from net investment income | (.31) | (.24) | (.17) | (.22) | (.19) | |||||
Distributions from net realized gain | (.28) | (.19) | (.12) | (.33) | (.32) | |||||
Total distributions | (.59) | (.43) | (.29) | (.55) | (.51) | |||||
Net asset value, end of period | $ | 13.60 | $ | 12.74 | $ | 15.98 | $ | 13.65 | $ | 12.76 |
Total Return D,E | 11.56% | (18.17)% | 19.35% | 11.50% | 2.86% | |||||
Ratios to Average Net Assets C,F,G | ||||||||||
Expenses before reductions | .61% | .60% | .61% | .62% | .63% H | |||||
Expenses net of fee waivers, if any | .60% | .60% | .61% | .62% | .63% H | |||||
Expenses net of all reductions | .60% | .60% | .61% | .62% | .63% H | |||||
Net investment income (loss) | 2.18% | 1.94% | 1.22% | 1.57% | 1.77% H | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,340,852 | $ | 1,240,298 | $ | 1,412,486 | $ | 22,117 | $ | 19,124 |
Portfolio turnover rate I | 21% | 23% | 19% | 29% | 39% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 3.0 | |
Apple, Inc. | 2.4 | |
Alphabet, Inc. Class A | 1.7 | |
Amazon.com, Inc. | 1.5 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Exxon Mobil Corp. | 1.0 | |
NVIDIA Corp. | 0.8 | |
JPMorgan Chase & Co. | 0.8 | |
Meta Platforms, Inc. Class A | 0.8 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | 0.7 | |
14.0 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 16.3 | |
Information Technology | 14.9 | |
Health Care | 8.6 | |
Industrials | 8.6 | |
Consumer Discretionary | 8.5 | |
Communication Services | 5.8 | |
Consumer Staples | 4.8 | |
Energy | 4.4 | |
Materials | 3.1 | |
Real Estate | 2.4 | |
Utilities | 1.0 | |
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) |
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. |
Equity Central Funds - 72.3% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 312,409 | 29,491,374 | |
Fidelity Emerging Markets Equity Central Fund (a) | 2,750,965 | 516,658,666 | |
Fidelity Hedged Equity Central Fund (a) | 750,545 | 77,861,533 | |
Fidelity International Equity Central Fund (a) | 12,518,676 | 1,106,901,331 | |
Fidelity Real Estate Equity Central Fund (a) | 214,154 | 23,993,826 | |
Fidelity U.S. Equity Central Fund (a) | 22,278,371 | 2,590,751,814 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $2,471,475,553) | 4,345,658,544 | ||
Fixed-Income Central Funds - 24.0% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 2.4% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 1,858,389 | 13,640,575 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 537,516 | 47,575,499 | |
Fidelity Floating Rate Central Fund (a) | 505,866 | 49,584,956 | |
Fidelity High Income Central Fund (a) | 309,634 | 31,316,361 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 142,117,391 | ||
Investment Grade Fixed-Income Funds - 21.6% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 1,050,982 | 92,486,409 | |
Fidelity International Credit Central Fund (a) | 410,851 | 31,261,654 | |
Fidelity Investment Grade Bond Central Fund (a) | 12,572,881 | 1,176,947,370 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 1,300,695,433 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $1,574,877,130) | 1,442,812,824 | ||
Money Market Central Funds - 2.1% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 86,757,732 | 86,775,084 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 40,340,866 | 40,344,900 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $127,119,983) | 127,119,984 | ||
U.S. Treasury Obligations - 0.3% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.33% to 5.39% 10/26/23 to 12/21/23 (e) (Cost $19,019,364) | 19,200,000 | 19,022,030 | |
Investment Companies - 2.0% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 445,815 | 39,539,332 | |
iShares MSCI USA Minimum Volatility ETF | 1,076,821 | 77,940,303 | |
TOTAL INVESTMENT COMPANIES (Cost $122,008,357) | 117,479,635 | ||
TOTAL INVESTMENT IN SECURITIES - 100.7% (Cost $4,314,500,387) | 6,052,093,017 |
NET OTHER ASSETS (LIABILITIES) - (0.7)% | (40,431,845) |
NET ASSETS - 100.0% | 6,011,661,172 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE MSCI EAFE Index Contracts (United States) | 1,048 | Dec 2023 | 106,974,600 | (3,659,438) | (3,659,438) |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 1,320 | Dec 2023 | 285,483,000 | 7,446,604 | 7,446,604 |
ICE MSCI Emerging Markets Index Contracts (United States) | 1,246 | Dec 2023 | 59,527,650 | 1,982,146 | 1,982,146 |
TOTAL SOLD | 9,428,750 | ||||
TOTAL FUTURES CONTRACTS | 5,769,312 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 1.8% | |||||
The notional amount of futures sold as a percentage of Net Assets is 5.7% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $17,861,829. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 31,878,883 | 579,450,935 | 524,554,734 | 1,944,004 | - | - | 86,775,084 | 0.2% |
Fidelity Commodity Strategy Central Fund | 140,326,756 | 4,874,607 | 108,833,382 | 2,828,295 | (19,594,689) | 12,718,082 | 29,491,374 | 13.0% |
Fidelity Emerging Markets Debt Central Fund | 28,301,729 | 2,385,009 | 18,376,814 | 1,350,830 | (4,461,696) | 5,792,347 | 13,640,575 | 0.7% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 14,887,808 | 30,337,378 | 93 | 40,651 | 45,648 | 2,304,758 | 47,575,499 | 17.3% |
Fidelity Emerging Markets Equity Central Fund | 418,358,762 | 102,304,402 | 51,909,566 | 16,237,716 | (10,293,411) | 58,198,479 | 516,658,666 | 24.0% |
Fidelity Floating Rate Central Fund | 155,147,748 | 11,765,619 | 122,129,661 | 9,510,338 | (4,173,213) | 8,974,463 | 49,584,956 | 3.4% |
Fidelity Hedged Equity Central Fund | - | 78,071,850 | - | 9,782 | - | (210,317) | 77,861,533 | 18.1% |
Fidelity High Income Central Fund | 47,825,594 | 4,213,408 | 22,482,227 | 3,378,336 | 904,477 | 855,109 | 31,316,361 | 2.2% |
Fidelity Inflation-Protected Bond Index Central Fund | 121,276,414 | 15,758,528 | 33,976,469 | 13,558,250 | (4,065,368) | (6,506,696) | 92,486,409 | 21.8% |
Fidelity International Credit Central Fund | 72,088,262 | 4,942,150 | 42,766,125 | 3,930,781 | (13,060,474) | 10,057,841 | 31,261,654 | 15.8% |
Fidelity International Equity Central Fund | 787,786,717 | 212,494,476 | 79,653,237 | 24,278,161 | (3,310,988) | 189,584,363 | 1,106,901,331 | 23.6% |
Fidelity Investment Grade Bond Central Fund | 920,418,876 | 380,130,521 | 90,808,798 | 42,608,846 | (1,292,497) | (31,500,732) | 1,176,947,370 | 3.2% |
Fidelity Real Estate Equity Central Fund | 38,168,175 | 1,678,978 | 17,383,197 | 965,180 | 146,239 | 1,383,631 | 23,993,826 | 2.6% |
Fidelity Securities Lending Cash Central Fund 5.39% | 63,992,200 | 1,616,493,134 | 1,640,140,434 | 18,719 | - | - | 40,344,900 | 0.1% |
Fidelity U.S. Equity Central Fund | 2,468,179,513 | 116,869,902 | 419,522,713 | 70,686,752 | 25,674,793 | 399,550,319 | 2,590,751,814 | 16.5% |
Total | 5,308,637,437 | 3,161,770,897 | 3,172,537,450 | 191,346,641 | (33,481,179) | 651,201,647 | 5,915,591,352 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 4,345,658,544 | 4,345,658,544 | - | - |
Fixed-Income Central Funds | 1,442,812,824 | 1,442,812,824 | - | - |
Money Market Central Funds | 127,119,984 | 127,119,984 | - | - |
U.S Treasury Obligations | 19,022,030 | - | 19,022,030 | - |
Investment Companies | 117,479,635 | 117,479,635 | - | - |
Total Investments in Securities: | 6,052,093,017 | 6,033,070,987 | 19,022,030 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 9,428,750 | 9,428,750 | - | - |
Total Assets | 9,428,750 | 9,428,750 | - | - |
Liabilities | ||||
Futures Contracts | (3,659,438) | (3,659,438) | - | - |
Total Liabilities | (3,659,438) | (3,659,438) | - | - |
Total Derivative Instruments: | 5,769,312 | 5,769,312 | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 9,428,750 | (3,659,438) |
Total Equity Risk | 9,428,750 | (3,659,438) |
Total Value of Derivatives | 9,428,750 | (3,659,438) |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $39,538,002) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $141,027,721) | $ | 136,501,665 | ||
Fidelity Central Funds (cost $4,173,472,666) | 5,915,591,352 | |||
Total Investment in Securities (cost $4,314,500,387) | $ | 6,052,093,017 | ||
Receivable for investments sold | 3,707,616 | |||
Receivable for fund shares sold | 1,290,751 | |||
Dividends receivable | 416,764 | |||
Distributions receivable from Fidelity Central Funds | 154,641 | |||
Receivable for daily variation margin on futures contracts | 419,960 | |||
Prepaid expenses | 8,554 | |||
Other receivables | 4,405 | |||
Total assets | 6,058,095,708 | |||
Liabilities | ||||
Payable for investments purchased | $ | 168,944 | ||
Payable for fund shares redeemed | 2,441,983 | |||
Accrued management fee | 2,682,997 | |||
Distribution and service plan fees payable | 98,861 | |||
Other affiliated payables | 623,420 | |||
Other payables and accrued expenses | 73,431 | |||
Collateral on securities loaned | 40,344,900 | |||
Total Liabilities | 46,434,536 | |||
Net Assets | $ | 6,011,661,172 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 4,735,678,353 | ||
Total accumulated earnings (loss) | 1,275,982,819 | |||
Net Assets | $ | 6,011,661,172 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($204,081,867 ÷ 8,591,751 shares)(a) | $ | 23.75 | ||
Maximum offering price per share (100/94.25 of $23.75) | $ | 25.20 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($66,988,166 ÷ 2,822,647 shares)(a) | $ | 23.73 | ||
Maximum offering price per share (100/96.50 of $23.73) | $ | 24.59 | ||
Class C : | ||||
Net Asset Value and offering price per share ($31,474,107 ÷ 1,333,596 shares)(a) | $ | 23.60 | ||
Asset Manager 70% : | ||||
Net Asset Value, offering price and redemption price per share ($3,733,444,716 ÷ 156,560,754 shares) | $ | 23.85 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($46,254,264 ÷ 1,938,534 shares) | $ | 23.86 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($1,929,418,052 ÷ 81,011,876 shares) | $ | 23.82 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 3,935,674 | ||
Interest | 928,002 | |||
Income from Fidelity Central Funds (including $18,719 from security lending) | 151,830,155 | |||
Total Income | 156,693,831 | |||
Expenses | ||||
Management fee | $ | 32,012,554 | ||
Transfer agent fees | 6,030,647 | |||
Distribution and service plan fees | 1,166,519 | |||
Accounting fees | 1,341,369 | |||
Custodian fees and expenses | 32,917 | |||
Independent trustees' fees and expenses | 22,235 | |||
Registration fees | 108,124 | |||
Audit | 47,631 | |||
Legal | 12,566 | |||
Miscellaneous | 62,678 | |||
Total expenses before reductions | 40,837,240 | |||
Expense reductions | (306,021) | |||
Total expenses after reductions | 40,531,219 | |||
Net Investment income (loss) | 116,162,612 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (62,903,007) | |||
Fidelity Central Funds | (33,481,179) | |||
Futures contracts | (11,401,889) | |||
Capital gain distributions from Fidelity Central Funds | 39,516,486 | |||
Total net realized gain (loss) | (68,269,589) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 49,495,132 | |||
Fidelity Central Funds | 651,201,647 | |||
Futures contracts | (5,772,221) | |||
Total change in net unrealized appreciation (depreciation) | 694,924,558 | |||
Net gain (loss) | 626,654,969 | |||
Net increase (decrease) in net assets resulting from operations | $ | 742,817,581 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 116,162,612 | $ | 118,820,892 |
Net realized gain (loss) | (68,269,589) | 351,046,181 | ||
Change in net unrealized appreciation (depreciation) | 694,924,558 | (1,801,796,030) | ||
Net increase (decrease) in net assets resulting from operations | 742,817,581 | (1,331,928,957) | ||
Distributions to shareholders | (369,551,550) | (197,081,541) | ||
Share transactions - net increase (decrease) | 106,335,076 | 166,143,423 | ||
Total increase (decrease) in net assets | 479,601,107 | (1,362,867,075) | ||
Net Assets | ||||
Beginning of period | 5,532,060,065 | 6,894,927,140 | ||
End of period | $ | 6,011,661,172 | $ | 5,532,060,065 |
Fidelity Advisor Asset Manager® 70% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.33 | $ | 28.33 | $ | 23.67 | $ | 22.21 | $ | 23.27 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .39 | .40 | .21 | .25 | .27 | |||||
Net realized and unrealized gain (loss) | 2.47 | (5.69) | 4.95 | 2.32 | (.17) | |||||
Total from investment operations | 2.86 | (5.29) | 5.16 | 2.57 | .10 | |||||
Distributions from net investment income | (.42) | (.31) | (.18) | (.28) | (.25) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.44) | (.71) | (.50) | (1.11) | (1.16) | |||||
Net asset value, end of period | $ | 23.75 | $ | 22.33 | $ | 28.33 | $ | 23.67 | $ | 22.21 |
Total Return C,D | 13.13% | (19.23)% | 21.99% | 11.81% | 1.16% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .97% | .96% | .96% | .99% | 1.00% | |||||
Expenses net of fee waivers, if any | .96% | .96% | .96% | .98% | 1.00% | |||||
Expenses net of all reductions | .96% | .96% | .96% | .98% | 1.00% | |||||
Net investment income (loss) | 1.61% | 1.50% | .76% | 1.11% | 1.25% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 204,082 | $ | 179,830 | $ | 219,595 | $ | 179,404 | $ | 166,280 |
Portfolio turnover rate G | 19% | 23% | 20% | 27% | 41% |
Fidelity Advisor Asset Manager® 70% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.30 | $ | 28.30 | $ | 23.65 | $ | 22.19 | $ | 23.24 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .33 | .33 | .14 | .19 | .22 | |||||
Net realized and unrealized gain (loss) | 2.47 | (5.69) | 4.96 | 2.33 | (.17) | |||||
Total from investment operations | 2.80 | (5.36) | 5.10 | 2.52 | .05 | |||||
Distributions from net investment income | (.35) | (.24) | (.13) | (.23) | (.19) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.37) | (.64) | (.45) | (1.06) | (1.10) | |||||
Net asset value, end of period | $ | 23.73 | $ | 22.30 | $ | 28.30 | $ | 23.65 | $ | 22.19 |
Total Return C,D | 12.86% | (19.45)% | 21.71% | 11.56% | .90% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | 1.21% | 1.21% | 1.21% | 1.23% | 1.24% | |||||
Expenses net of fee waivers, if any | 1.21% | 1.20% | 1.21% | 1.23% | 1.24% | |||||
Expenses net of all reductions | 1.21% | 1.20% | 1.21% | 1.23% | 1.24% | |||||
Net investment income (loss) | 1.37% | 1.25% | .51% | .87% | 1.01% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 66,988 | $ | 62,915 | $ | 80,784 | $ | 69,250 | $ | 63,064 |
Portfolio turnover rate G | 19% | 23% | 20% | 27% | 41% |
Fidelity Advisor Asset Manager® 70% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.18 | $ | 28.12 | $ | 23.50 | $ | 22.03 | $ | 23.06 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .20 | .19 | - C | .08 | .11 | |||||
Net realized and unrealized gain (loss) | 2.46 | (5.66) | 4.94 | 2.30 | (.15) | |||||
Total from investment operations | 2.66 | (5.47) | 4.94 | 2.38 | (.04) | |||||
Distributions from net investment income | (.22) | (.07) | - | (.08) | (.07) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.24) | (.47) | (.32) | (.91) | (.99) D | |||||
Net asset value, end of period | $ | 23.60 | $ | 22.18 | $ | 28.12 | $ | 23.50 | $ | 22.03 |
Total Return E,F | 12.25% | (19.84)% | 21.12% | 10.98% | .42% | |||||
Ratios to Average Net Assets B,G,H | ||||||||||
Expenses before reductions | 1.72% | 1.72% | 1.72% | 1.74% | 1.75% | |||||
Expenses net of fee waivers, if any | 1.72% | 1.72% | 1.72% | 1.74% | 1.75% | |||||
Expenses net of all reductions | 1.72% | 1.72% | 1.72% | 1.74% | 1.75% | |||||
Net investment income (loss) | .85% | .74% | -% I | .36% | .50% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 31,474 | $ | 29,116 | $ | 44,170 | $ | 40,240 | $ | 42,547 |
Portfolio turnover rate J | 19% | 23% | 20% | 27% | 41% |
Fidelity Asset Manager® 70% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.42 | $ | 28.43 | $ | 23.74 | $ | 22.27 | $ | 23.33 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .46 | .48 | .29 | .32 | .34 | |||||
Net realized and unrealized gain (loss) | 2.48 | (5.70) | 4.97 | 2.33 | (.17) | |||||
Total from investment operations | 2.94 | (5.22) | 5.26 | 2.65 | .17 | |||||
Distributions from net investment income | (.48) | (.39) | (.26) | (.35) | (.31) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.51) C | (.79) | (.57) C | (1.18) | (1.23) C | |||||
Net asset value, end of period | $ | 23.85 | $ | 22.42 | $ | 28.43 | $ | 23.74 | $ | 22.27 |
Total Return D | 13.46% | (18.98)% | 22.39% | 12.14% | 1.51% | |||||
Ratios to Average Net Assets A,E,F | ||||||||||
Expenses before reductions | .67% | .67% | .66% | .68% | .69% | |||||
Expenses net of fee waivers, if any | .67% | .66% | .66% | .68% | .69% | |||||
Expenses net of all reductions | .67% | .66% | .66% | .68% | .69% | |||||
Net investment income (loss) | 1.90% | 1.79% | 1.06% | 1.42% | 1.56% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 3,733,445 | $ | 3,518,486 | $ | 4,523,497 | $ | 5,203,794 | $ | 4,893,270 |
Portfolio turnover rate G | 19% | 23% | 20% | 27% | 41% |
Fidelity Advisor Asset Manager® 70% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.43 | $ | 28.46 | $ | 23.75 | $ | 22.27 | $ | 23.33 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .45 | .47 | .28 | .31 | .33 | |||||
Net realized and unrealized gain (loss) | 2.48 | (5.71) | 4.98 | 2.34 | (.17) | |||||
Total from investment operations | 2.93 | (5.24) | 5.26 | 2.65 | .16 | |||||
Distributions from net investment income | (.48) | (.39) | (.24) | (.34) | (.30) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.50) | (.79) | (.55) C | (1.17) | (1.22) C | |||||
Net asset value, end of period | $ | 23.86 | $ | 22.43 | $ | 28.46 | $ | 23.75 | $ | 22.27 |
Total Return D | 13.43% | (19.03)% | 22.37% | 12.14% | 1.46% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .70% | .69% | .69% | .71% | .72% | |||||
Expenses net of fee waivers, if any | .69% | .69% | .69% | .71% | .72% | |||||
Expenses net of all reductions | .69% | .69% | .69% | .71% | .72% | |||||
Net investment income (loss) | 1.88% | 1.76% | 1.03% | 1.39% | 1.53% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 46,254 | $ | 43,240 | $ | 54,440 | $ | 38,396 | $ | 68,475 |
Portfolio turnover rate G | 19% | 23% | 20% | 27% | 41% |
Fidelity Advisor Asset Manager® 70% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 22.39 | $ | 28.41 | $ | 23.72 | $ | 22.26 | $ | 23.29 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .48 | .49 | .32 | .33 | .35 | |||||
Net realized and unrealized gain (loss) | 2.48 | (5.68) | 4.96 | 2.33 | (.13) | |||||
Total from investment operations | 2.96 | (5.19) | 5.28 | 2.66 | .22 | |||||
Distributions from net investment income | (.50) | (.42) | (.27) | (.37) | (.34) | |||||
Distributions from net realized gain | (1.02) | (.40) | (.32) | (.83) | (.91) | |||||
Total distributions | (1.53) D | (.83) D | (.59) | (1.20) | (1.25) | |||||
Net asset value, end of period | $ | 23.82 | $ | 22.39 | $ | 28.41 | $ | 23.72 | $ | 22.26 |
Total Return E,F | 13.58% | (18.94)% | 22.48% | 12.21% | 1.78% | |||||
Ratios to Average Net Assets C,G,H | ||||||||||
Expenses before reductions | .59% | .59% | .59% | .61% | .62% I | |||||
Expenses net of fee waivers, if any | .59% | .59% | .59% | .60% | .61% I | |||||
Expenses net of all reductions | .59% | .59% | .59% | .60% | .61% I | |||||
Net investment income (loss) | 1.98% | 1.86% | 1.13% | 1.49% | 1.64% I | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,929,418 | $ | 1,698,474 | $ | 1,972,441 | $ | 28,723 | $ | 24,876 |
Portfolio turnover rate J | 19% | 23% | 20% | 27% | 41% |
Top Holdings (% of Fund's net assets) | ||
Microsoft Corp. | 3.3 | |
Apple, Inc. | 2.7 | |
Alphabet, Inc. Class A | 1.9 | |
Amazon.com, Inc. | 1.7 | |
iShares MSCI USA Minimum Volatility ETF | 1.3 | |
Exxon Mobil Corp. | 1.1 | |
NVIDIA Corp. | 0.9 | |
JPMorgan Chase & Co. | 0.9 | |
Meta Platforms, Inc. Class A | 0.9 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | 0.9 | |
15.6 | ||
Market Sectors (% of Fund's net assets) | ||
Information Technology | 16.9 | |
Financials | 16.6 | |
Health Care | 9.9 | |
Industrials | 9.7 | |
Consumer Discretionary | 9.4 | |
Communication Services | 6.0 | |
Consumer Staples | 5.5 | |
Energy | 4.6 | |
Materials | 3.6 | |
Real Estate | 2.3 | |
Utilities | 1.3 | |
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) |
Short-Term Class - (0.1)% |
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. |
Equity Central Funds - 83.6% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 283,999 | 26,809,484 | |
Fidelity Emerging Markets Equity Central Fund (a) | 1,874,898 | 352,124,631 | |
Fidelity Hedged Equity Central Fund (a) | 426,580 | 44,253,429 | |
Fidelity International Equity Central Fund (a) | 8,726,844 | 771,627,509 | |
Fidelity Real Estate Equity Central Fund (a) | 145,330 | 16,282,735 | |
Fidelity U.S. Equity Central Fund (a) | 14,465,244 | 1,682,163,181 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $1,897,722,517) | 2,893,260,969 | ||
Fixed-Income Central Funds - 13.1% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 1.6% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 1,129,923 | 8,293,636 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 408,791 | 36,182,100 | |
Fidelity Floating Rate Central Fund (a) | 93,466 | 9,161,547 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 53,637,283 | ||
Investment Grade Fixed-Income Funds - 11.5% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 607,518 | 53,461,590 | |
Fidelity International Credit Central Fund (a) | 232,185 | 17,666,979 | |
Fidelity Investment Grade Bond Central Fund (a) | 3,489,723 | 326,672,938 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 397,801,507 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $482,793,130) | 451,438,790 | ||
Money Market Central Funds - 1.9% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) | 38,167,670 | 38,175,304 | |
Fidelity Securities Lending Cash Central Fund 5.39% (b)(c) | 26,126,728 | 26,129,341 | |
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $64,304,645) | 64,304,645 | ||
U.S. Treasury Obligations - 0.2% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.35% to 5.39% 10/26/23 to 12/21/23 (e) (Cost $7,416,598) | 7,490,000 | 7,417,581 | |
Investment Companies - 2.0% | |||
Shares | Value ($) | ||
iShares 20+ Year Treasury Bond ETF (f) | 288,809 | 25,614,470 | |
iShares MSCI USA Minimum Volatility ETF | 612,024 | 44,298,297 | |
TOTAL INVESTMENT COMPANIES (Cost $73,359,547) | 69,912,767 | ||
TOTAL INVESTMENT IN SECURITIES - 100.8% (Cost $2,525,596,437) | 3,486,334,752 |
NET OTHER ASSETS (LIABILITIES) - (0.8)% | (26,629,148) |
NET ASSETS - 100.0% | 3,459,705,604 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE MSCI EAFE Index Contracts (United States) | 790 | Dec 2023 | 80,639,250 | (2,758,546) | (2,758,546) |
Sold | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 194 | Dec 2023 | 41,957,350 | 1,672,013 | 1,672,013 |
ICE MSCI Emerging Markets Index Contracts (United States) | 624 | Dec 2023 | 29,811,600 | 992,664 | 992,664 |
TOTAL SOLD | 2,664,677 | ||||
TOTAL FUTURES CONTRACTS | (93,869) | ||||
The notional amount of futures purchased as a percentage of Net Assets is 2.3% | |||||
The notional amount of futures sold as a percentage of Net Assets is 2.1% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Investment made with cash collateral received from securities on loan. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $4,252,503. |
(f) | Security or a portion of the security is on loan at period end. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 13,400,862 | 266,236,545 | 241,462,103 | 559,347 | - | - | 38,175,304 | 0.1% |
Fidelity Commodity Strategy Central Fund | 78,940,714 | 4,377,092 | 52,834,611 | 2,049,232 | (8,627,449) | 4,953,738 | 26,809,484 | 11.8% |
Fidelity Emerging Markets Debt Central Fund | 12,999,589 | 2,413,697 | 7,640,619 | 661,113 | (1,234,190) | 1,755,159 | 8,293,636 | 0.4% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 8,467,097 | 26,172,671 | 33 | 23,020 | 23,123 | 1,519,242 | 36,182,100 | 13.2% |
Fidelity Emerging Markets Equity Central Fund | 292,726,440 | 87,926,502 | 60,174,535 | 11,057,604 | (16,303,411) | 47,949,635 | 352,124,631 | 16.3% |
Fidelity Floating Rate Central Fund | 26,789,150 | 2,205,399 | 20,669,292 | 1,432,443 | (814,510) | 1,650,800 | 9,161,547 | 0.6% |
Fidelity Hedged Equity Central Fund | - | 44,376,348 | - | 5,524 | - | (122,919) | 44,253,429 | 10.3% |
Fidelity High Income Central Fund | - | 28 | 4,821 | 45 | 4,793 | - | - | 0.0% |
Fidelity Inflation-Protected Bond Index Central Fund | 63,761,519 | 16,756,353 | 21,594,184 | 7,066,562 | (2,218,142) | (3,243,956) | 53,461,590 | 12.6% |
Fidelity International Credit Central Fund | 42,225,958 | 3,430,555 | 26,336,599 | 2,155,281 | (7,756,457) | 6,103,522 | 17,666,979 | 8.9% |
Fidelity International Equity Central Fund | 580,772,173 | 126,335,372 | 66,758,927 | 16,788,227 | (4,712,317) | 135,991,208 | 771,627,509 | 16.4% |
Fidelity Investment Grade Bond Central Fund | 146,696,239 | 253,906,381 | 66,053,325 | 8,167,577 | (4,602,646) | (3,273,711) | 326,672,938 | 0.9% |
Fidelity Real Estate Equity Central Fund | 28,721,218 | 1,847,954 | 15,611,182 | 689,751 | 57,085 | 1,267,660 | 16,282,735 | 1.8% |
Fidelity Securities Lending Cash Central Fund 5.39% | 16,469,750 | 1,608,179,009 | 1,598,519,418 | 24,747 | - | - | 26,129,341 | 0.1% |
Fidelity U.S. Equity Central Fund | 1,623,482,375 | 159,382,389 | 385,685,425 | 48,067,591 | 23,143,500 | 261,840,342 | 1,682,163,181 | 10.7% |
Total | 2,935,453,084 | 2,603,546,295 | 2,563,345,074 | 98,748,064 | (23,040,621) | 456,390,720 | 3,409,004,404 | |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 2,893,260,969 | 2,893,260,969 | - | - |
Fixed-Income Central Funds | 451,438,790 | 451,438,790 | - | - |
Money Market Central Funds | 64,304,645 | 64,304,645 | - | - |
U.S Treasury Obligations | 7,417,581 | - | 7,417,581 | - |
Investment Companies | 69,912,767 | 69,912,767 | - | - |
Total Investments in Securities: | 3,486,334,752 | 3,478,917,171 | 7,417,581 | - |
Derivative Instruments: Assets | ||||
Futures Contracts | 2,664,677 | 2,664,677 | - | - |
Total Assets | 2,664,677 | 2,664,677 | - | - |
Liabilities | ||||
Futures Contracts | (2,758,546) | (2,758,546) | - | - |
Total Liabilities | (2,758,546) | (2,758,546) | - | - |
Total Derivative Instruments: | (93,869) | (93,869) | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Equity Risk | ||
Futures Contracts (a) | 2,664,677 | (2,758,546) |
Total Equity Risk | 2,664,677 | (2,758,546) |
Total Value of Derivatives | 2,664,677 | (2,758,546) |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value (including securities loaned of $25,606,754) - See accompanying schedule: | ||||
Unaffiliated issuers (cost $80,776,145) | $ | 77,330,348 | ||
Fidelity Central Funds (cost $2,444,820,292) | 3,409,004,404 | |||
Total Investment in Securities (cost $2,525,596,437) | $ | 3,486,334,752 | ||
Receivable for investments sold | 3,098,048 | |||
Receivable for fund shares sold | 1,666,877 | |||
Dividends receivable | 236,873 | |||
Distributions receivable from Fidelity Central Funds | 33,533 | |||
Prepaid expenses | 4,851 | |||
Total assets | 3,491,374,934 | |||
Liabilities | ||||
Payable for investments purchased | $ | 33,141 | ||
Payable for fund shares redeemed | 3,231,606 | |||
Accrued management fee | 1,549,180 | |||
Distribution and service plan fees payable | 96,145 | |||
Payable for daily variation margin on futures contracts | 164,050 | |||
Other affiliated payables | 401,716 | |||
Other payables and accrued expenses | 64,151 | |||
Collateral on securities loaned | 26,129,341 | |||
Total Liabilities | 31,669,330 | |||
Net Assets | $ | 3,459,705,604 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 2,732,964,918 | ||
Total accumulated earnings (loss) | 726,740,686 | |||
Net Assets | $ | 3,459,705,604 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($202,553,604 ÷ 9,255,086 shares)(a) | $ | 21.89 | ||
Maximum offering price per share (100/94.25 of $21.89) | $ | 23.23 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($46,122,583 ÷ 2,125,430 shares)(a) | $ | 21.70 | ||
Maximum offering price per share (100/96.50 of $21.70) | $ | 22.49 | ||
Class C : | ||||
Net Asset Value and offering price per share ($39,038,183 ÷ 1,823,944 shares)(a) | $ | 21.40 | ||
Asset Manager 85% : | ||||
Net Asset Value, offering price and redemption price per share ($1,892,890,171 ÷ 85,331,378 shares) | $ | 22.18 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($58,137,312 ÷ 2,629,541 shares) | $ | 22.11 | ||
Class Z : | ||||
Net Asset Value, offering price and redemption price per share ($1,220,963,751 ÷ 55,338,735 shares) | $ | 22.06 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends | $ | 2,614,964 | ||
Interest | 499,289 | |||
Income from Fidelity Central Funds (including $24,747 from security lending) | 72,460,577 | |||
Total Income | 75,574,830 | |||
Expenses | ||||
Management fee | $ | 18,124,254 | ||
Transfer agent fees | 3,706,071 | |||
Distribution and service plan fees | 1,116,157 | |||
Accounting fees | 879,326 | |||
Custodian fees and expenses | 27,561 | |||
Independent trustees' fees and expenses | 12,547 | |||
Registration fees | 114,489 | |||
Audit | 47,484 | |||
Legal | 7,081 | |||
Interest | 1,696 | |||
Miscellaneous | 47,671 | |||
Total expenses before reductions | 24,084,337 | |||
Expense reductions | (171,281) | |||
Total expenses after reductions | 23,913,056 | |||
Net Investment income (loss) | 51,661,774 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (41,778,208) | |||
Fidelity Central Funds | (23,040,621) | |||
Futures contracts | (7,200,627) | |||
Capital gain distributions from Fidelity Central Funds | 26,287,487 | |||
Total net realized gain (loss) | (45,731,969) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 32,622,093 | |||
Fidelity Central Funds | 456,390,719 | |||
Futures contracts | (1,019,052) | |||
Total change in net unrealized appreciation (depreciation) | 487,993,760 | |||
Net gain (loss) | 442,261,791 | |||
Net increase (decrease) in net assets resulting from operations | $ | 493,923,565 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 51,661,774 | $ | 57,022,306 |
Net realized gain (loss) | (45,731,969) | 172,237,074 | ||
Change in net unrealized appreciation (depreciation) | 487,993,760 | (1,059,883,711) | ||
Net increase (decrease) in net assets resulting from operations | 493,923,565 | (830,624,331) | ||
Distributions to shareholders | (159,424,192) | (128,057,101) | ||
Share transactions - net increase (decrease) | 39,116,407 | 242,638,642 | ||
Total increase (decrease) in net assets | 373,615,780 | (716,042,790) | ||
Net Assets | ||||
Beginning of period | 3,086,089,824 | 3,802,132,614 | ||
End of period | $ | 3,459,705,604 | $ | 3,086,089,824 |
Fidelity Advisor Asset Manager® 85% Class A |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 19.79 | $ | 25.79 | $ | 20.73 | $ | 19.30 | $ | 20.36 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .27 | .30 | .16 | .19 | .20 | |||||
Net realized and unrealized gain (loss) | 2.82 | (5.52) | 5.31 | 2.29 | (.37) | |||||
Total from investment operations | 3.09 | (5.22) | 5.47 | 2.48 | (.17) | |||||
Distributions from net investment income | (.32) | (.24) | (.13) | (.22) | (.17) | |||||
Distributions from net realized gain | (.67) | (.54) | (.28) | (.84) | (.72) | |||||
Total distributions | (.99) | (.78) | (.41) | (1.05) C | (.89) | |||||
Net asset value, end of period | $ | 21.89 | $ | 19.79 | $ | 25.79 | $ | 20.73 | $ | 19.30 |
Total Return D,E | 15.95% | (21.00)% | 26.59% | 13.11% | (.11)% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | .98% | .97% | .98% | 1.00% | 1.01% | |||||
Expenses net of fee waivers, if any | .97% | .97% | .98% | .99% | 1.01% | |||||
Expenses net of all reductions | .97% | .97% | .98% | .99% | 1.01% | |||||
Net investment income (loss) | 1.22% | 1.24% | .64% | .97% | 1.06% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 202,554 | $ | 165,075 | $ | 191,715 | $ | 143,117 | $ | 125,168 |
Portfolio turnover rate H | 24% | 27% | 18% | 41% | 47% |
Fidelity Advisor Asset Manager® 85% Class M |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 19.62 | $ | 25.58 | $ | 20.57 | $ | 19.17 | $ | 20.22 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .21 | .24 | .09 | .14 | .15 | |||||
Net realized and unrealized gain (loss) | 2.80 | (5.48) | 5.28 | 2.27 | (.36) | |||||
Total from investment operations | 3.01 | (5.24) | 5.37 | 2.41 | (.21) | |||||
Distributions from net investment income | (.26) | (.18) | (.08) | (.18) | (.13) | |||||
Distributions from net realized gain | (.67) | (.54) | (.28) | (.84) | (.72) | |||||
Total distributions | (.93) | (.72) | (.36) | (1.01) C | (.84) C | |||||
Net asset value, end of period | $ | 21.70 | $ | 19.62 | $ | 25.58 | $ | 20.57 | $ | 19.17 |
Total Return D,E | 15.62% | (21.21)% | 26.30% | 12.81% | (.35)% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.23% | 1.22% | 1.23% | 1.25% | 1.27% | |||||
Expenses net of fee waivers, if any | 1.22% | 1.22% | 1.23% | 1.25% | 1.27% | |||||
Expenses net of all reductions | 1.22% | 1.22% | 1.23% | 1.25% | 1.27% | |||||
Net investment income (loss) | .97% | 1.00% | .39% | .72% | .80% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 46,123 | $ | 42,034 | $ | 54,864 | $ | 40,604 | $ | 33,611 |
Portfolio turnover rate H | 24% | 27% | 18% | 41% | 47% |
Fidelity Advisor Asset Manager® 85% Class C |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 19.36 | $ | 25.24 | $ | 20.31 | $ | 18.92 | $ | 19.95 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .10 | .11 | (.03) | .04 | .06 | |||||
Net realized and unrealized gain (loss) | 2.76 | (5.42) | 5.21 | 2.24 | (.35) | |||||
Total from investment operations | 2.86 | (5.31) | 5.18 | 2.28 | (.29) | |||||
Distributions from net investment income | (.15) | (.03) | - | (.06) | (.02) | |||||
Distributions from net realized gain | (.67) | (.54) | (.25) | (.84) | (.72) | |||||
Total distributions | (.82) | (.57) | (.25) | (.89) C | (.74) | |||||
Net asset value, end of period | $ | 21.40 | $ | 19.36 | $ | 25.24 | $ | 20.31 | $ | 18.92 |
Total Return D,E | 15.00% | (21.61)% | 25.65% | 12.25% | (.88)% | |||||
Ratios to Average Net Assets B,F,G | ||||||||||
Expenses before reductions | 1.74% | 1.74% | 1.74% | 1.76% | 1.77% | |||||
Expenses net of fee waivers, if any | 1.74% | 1.73% | 1.74% | 1.76% | 1.77% | |||||
Expenses net of all reductions | 1.74% | 1.73% | 1.74% | 1.76% | 1.77% | |||||
Net investment income (loss) | .46% | .48% | (.13)% | .21% | .30% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 39,038 | $ | 36,141 | $ | 49,896 | $ | 44,510 | $ | 40,909 |
Portfolio turnover rate H | 24% | 27% | 18% | 41% | 47% |
Fidelity Asset Manager® 85% |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 20.05 | $ | 26.10 | $ | 20.96 | $ | 19.50 | $ | 20.56 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .33 | .37 | .23 | .25 | .26 | |||||
Net realized and unrealized gain (loss) | 2.85 | (5.58) | 5.38 | 2.32 | (.38) | |||||
Total from investment operations | 3.18 | (5.21) | 5.61 | 2.57 | (.12) | |||||
Distributions from net investment income | (.38) | (.30) | (.19) | (.27) | (.23) | |||||
Distributions from net realized gain | (.67) | (.54) | (.28) | (.84) | (.72) | |||||
Total distributions | (1.05) | (.84) | (.47) | (1.11) | (.94) C | |||||
Net asset value, end of period | $ | 22.18 | $ | 20.05 | $ | 26.10 | $ | 20.96 | $ | 19.50 |
Total Return D | 16.21% | (20.76)% | 27.00% | 13.44% | .21% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .70% | .69% | .68% | .69% | .71% | |||||
Expenses net of fee waivers, if any | .69% | .68% | .68% | .69% | .71% | |||||
Expenses net of all reductions | .69% | .68% | .68% | .69% | .71% | |||||
Net investment income (loss) | 1.50% | 1.53% | .94% | 1.28% | 1.36% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,892,890 | $ | 1,697,192 | $ | 2,185,948 | $ | 2,520,790 | $ | 2,278,919 |
Portfolio turnover rate G | 24% | 27% | 18% | 41% | 47% |
Fidelity Advisor Asset Manager® 85% Class I |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 19.99 | $ | 26.03 | $ | 20.91 | $ | 19.45 | $ | 20.50 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .33 | .36 | .22 | .24 | .25 | |||||
Net realized and unrealized gain (loss) | 2.84 | (5.56) | 5.36 | 2.32 | (.37) | |||||
Total from investment operations | 3.17 | (5.20) | 5.58 | 2.56 | (.12) | |||||
Distributions from net investment income | (.38) | (.30) | (.18) | (.26) | (.21) | |||||
Distributions from net realized gain | (.67) | (.54) | (.28) | (.84) | (.72) | |||||
Total distributions | (1.05) | (.84) | (.46) | (1.10) | (.93) | |||||
Net asset value, end of period | $ | 22.11 | $ | 19.99 | $ | 26.03 | $ | 20.91 | $ | 19.45 |
Total Return C | 16.19% | (20.78)% | 26.93% | 13.40% | .15% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .72% | .71% | .71% | .73% | .74% | |||||
Expenses net of fee waivers, if any | .71% | .71% | .71% | .72% | .74% | |||||
Expenses net of all reductions | .71% | .71% | .71% | .72% | .74% | |||||
Net investment income (loss) | 1.48% | 1.50% | .90% | 1.25% | 1.33% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 58,137 | $ | 51,528 | $ | 60,989 | $ | 31,606 | $ | 39,115 |
Portfolio turnover rate F | 24% | 27% | 18% | 41% | 47% |
Fidelity Advisor Asset Manager® 85% Class Z |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 | 2019 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 19.95 | $ | 25.99 | $ | 20.87 | $ | 19.43 | $ | 20.45 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B,C | .35 | .39 | .26 | .26 | .27 | |||||
Net realized and unrealized gain (loss) | 2.83 | (5.55) | 5.34 | 2.31 | (.32) | |||||
Total from investment operations | 3.18 | (5.16) | 5.60 | 2.57 | (.05) | |||||
Distributions from net investment income | (.40) | (.34) | (.21) | (.30) | (.25) | |||||
Distributions from net realized gain | (.67) | (.54) | (.28) | (.84) | (.72) | |||||
Total distributions | (1.07) | (.88) | (.48) D | (1.13) D | (.97) | |||||
Net asset value, end of period | $ | 22.06 | $ | 19.95 | $ | 25.99 | $ | 20.87 | $ | 19.43 |
Total Return E,F | 16.31% | (20.71)% | 27.11% | 13.50% | .54% | |||||
Ratios to Average Net Assets C,G,H | ||||||||||
Expenses before reductions | .60% | .60% | .60% | .61% | .62% I | |||||
Expenses net of fee waivers, if any | .60% | .59% | .60% | .61% | .62% I | |||||
Expenses net of all reductions | .60% | .59% | .60% | .61% | .62% I | |||||
Net investment income (loss) | 1.60% | 1.62% | 1.01% | 1.36% | 1.45% I | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,220,964 | $ | 1,094,119 | $ | 1,258,721 | $ | 24,683 | $ | 23,286 |
Portfolio turnover rate J | 24% | 27% | 18% | 41% | 47% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Commodity Strategy Central Fund | Geode Capital Management, LLC (Geode) | Seeks to provide investment returns that correspond to the performance of the commodities market. | Investment in commodity-related investments through a wholly-owned subsidiary organized under the laws of the Cayman Islands Futures | Less than .005% |
Fidelity Emerging Markets Debt Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks high total return by normally investing in debt securities of issuers in emerging markets and other debt investments that are tied economically to emerging markets. | Foreign Securities Restricted Securities | Less than .005% |
Fidelity Emerging Markets Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in equity securities of issuers in emerging markets. | Foreign Securities Futures Loans & Direct Debt Instruments | .02% |
Fidelity International Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in non-U.S. based common stocks, including securities of issuers located in emerging markets. | Delayed Delivery & When Issued Securities Foreign Securities Futures Loans & Direct Debt Instruments | .01% |
Fidelity Floating Rate Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income by normally investing in floating rate loans and other floating rate securities. | Loans & Direct Debt Instruments Restricted Securities | Less than .005% |
Fidelity High Income Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income and may also seek capital appreciation by investing primarily in debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. | Delayed Delivery & When Issued Securities Loans & Direct Debt Instruments Restricted Securities | .03% |
Fidelity Inflation-Protected Bond Index Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks to provide investment results that correspond to the performance of the inflation-protected United States Treasury market, and may invest in derivatives. | Less than .005% | |
Fidelity Investment Grade Bond Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income by normally investing in investment-grade debt securities. | Delayed Delivery & When Issued Securities Futures Options Restricted Securities Swaps | Less than .005% |
Fidelity Real Estate Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks above-average income and long-term capital growth by investing primarily in equity securities of issuers in the real estate industry. | Loans & Direct Debt Instruments | Less than .005% |
Fidelity International Credit Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of current income by normally investing in debt securities of foreign issuers, including debt securities of issuers located in emerging markets. Foreign currency exposure is hedged utilizing foreign currency contracts. | Delayed Delivery & When Issued Securities Foreign Securities Loans & Direct Debt Instruments Options | Less than .005% |
Fidelity U.S. Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in common stocks, allocated across different market sectors. | Foreign Securities Futures Loans & Direct Debt Instruments Restricted Securities | Less than .005% |
Fidelity Emerging Markets Debt Local Currency Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks high total return by normally investing in debt securities of issuers in emerging markets and other debt investments that are tied economically to emerging markets and denominated in the local currency of the issuer. | Foreign Securities Futures Restricted Securities | .01% |
Fidelity Hedged Equity Central Fund | Fidelity Diversifying Solutions LLC (FDS) | Seeks capital appreciation by investing primarily in common stocks of companies with market capitalizations generally similar to companies in the S&P 500® Index. | Options | .01% |
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 Asset Manager 50% | 162,874 |
Fidelity Asset Manager 70% | 4,405 |
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Asset Manager 20% | $5,257,781,557 | $406,072,800 | $ (418,335,348) | $ (12,262,548) |
Fidelity Asset Manager 30% | 1,988,566,575 | 187,085,205 | (174,697,177) | 12,388,028 |
Fidelity Asset Manager 40% | 1,993,495,077 | 272,106,642 | (157,722,170) | 114,384,472 |
Fidelity Asset Manager 50% | 7,901,839,955 | 1,715,533,031 | (578,840,542) | 1,136,692,489 |
Fidelity Asset Manager 60% | 3,307,019,177 | 646,193,720 | (218,249,129) | 427,944,591 |
Fidelity Asset Manager 70% | 4,831,970,818 | 1,457,601,027 | (237,478,828) | 1,220,122,199 |
Fidelity Asset Manager 85% | 2,742,044,925 | 844,056,829 | (99,767,002) | 744,289,827 |
Undistributed ordinary income | Capital loss carryforward | Net unrealized appreciation (depreciation) on securities and other investments | |
Fidelity Asset Manager 20% | $22,890,783 | $ (169,141,242) | $ (12,262,548) |
Fidelity Asset Manager 30% | 8,668,912 | (75,140,787) | 12,388,028 |
Fidelity Asset Manager 40% | 14,434,019 | (62,527,085) | 114,384,472 |
Fidelity Asset Manager 50% | 52,889,556 | (52,999,817) | 1,136,692,489 |
Fidelity Asset Manager 60% | 49,211,007 | (41,937,520) | 427,941,994 |
Fidelity Asset Manager 70% | 70,850,438 | - | 1,220,122,199 |
Fidelity Asset Manager 85% | 29,369,402 | (46,918,543) | 744,289,827 |
Short-term | Long-term | Total capital loss carryforward | |
Fidelity Asset Manager 20% | $ (75,348,017) | $ (93,793,225) | $ (169,141,242) |
Fidelity Asset Manager 30% | (26,816,217) | (48,324,570) | (75,140,787) |
Fidelity Asset Manager 40% | (38,616,887) | (23,910,198) | (62,527,085) |
Fidelity Asset Manager 50% | (52,999,817) | - | (52,999,817) |
Fidelity Asset Manager 60% | (22,795,001) | (19,142,519) | (41,937,520) |
Fidelity Asset Manager 85% | (32,741,746) | (14,176,797) | (46,918,543) |
Capital losses | |
Fidelity Asset Manager 70% | (14,989,821) |
September 30, 2023 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Asset Manager 20% | $187,362,931 | $111,207,260 | $298,570,191 |
Fidelity Asset Manager 30% | 67,537,920 | 50,850,855 | 118,388,775 |
Fidelity Asset Manager 40% | 62,665,528 | 68,806,357 | 131,471,885 |
Fidelity Asset Manager 50% | 248,903,495 | 390,769,179 | 639,672,674 |
Fidelity Asset Manager 60% | 79,634,831 | 76,559,849 | 156,194,680 |
Fidelity Asset Manager 70% | 119,011,572 | 250,539,978 | 369,551,550 |
Fidelity Asset Manager 85% | 58,047,423 | 101,376,769 | 159,424,192 |
September 30, 2022 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Asset Manager 20% | $122,000,836 | $ - | $122,000,836 |
Fidelity Asset Manager 30% | 58,123,685 | - | 58,123,685 |
Fidelity Asset Manager 40% | 53,291,395 | 9,814,535 | 63,105,930 |
Fidelity Asset Manager 50% | 246,217,527 | 99,615,467 | 345,832,994 |
Fidelity Asset Manager 60% | 89,380,774 | 24,778,028 | 114,158,802 |
Fidelity Asset Manager 70% | 162,606,338 | 34,475,203 | 197,081,541 |
Fidelity Asset Manager 85% | 93,631,050 | 34,426,051 | 128,057,101 |
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
Interest Rate Risk | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss)($) | Change in Net Unrealized Appreciation (Depreciation)($) |
Fidelity Asset Manager 20% | ||
Equity Risk | ||
Futures Contracts | (33,362,589) | (23,221,810) |
Total Equity Risk | (33,362,589) | (23,221,810) |
Interest Rate Risk | ||
Futures Contracts | (1,940,447) | 94,879 |
Total Interest Rate Risk | (1,940,447) | 94,879 |
Totals | (35,303,036) | (23,126,931) |
Fidelity Asset Manager 30% | ||
Equity Risk | ||
Futures Contracts | (10,907,161) | (11,432,738) |
Total Equity Risk | (10,907,161) | (11,432,738) |
Interest Rate Risk | ||
Futures Contracts | (769,009) | 37,917 |
Total Interest Rate Risk | (769,009) | 37,917 |
Totals | (11,676,170) | (11,394,821) |
Fidelity Asset Manager 40% | ||
Equity Risk | ||
Futures Contracts | (11,112,073) | (10,482,850) |
Total Equity Risk | (11,112,073) | (10,482,850) |
Interest Rate Risk | ||
Futures Contracts | (775,480) | 37,540 |
Total Interest Rate Risk | (775,480) | 37,540 |
Totals | (11,887,553) | (10,445,310) |
Fidelity Asset Manager 50% | ||
Equity Risk | ||
Futures Contracts | (42,799,969) | (45,039,763) |
Total Equity Risk | (42,799,969) | (45,039,763) |
Interest Rate Risk | ||
Futures Contracts | (3,268,491) | 157,401 |
Total Interest Rate Risk | (3,268,491) | 157,401 |
Totals | (46,068,460) | (44,882,362) |
Fidelity Asset Manager 60% | ||
Equity Risk | ||
Futures Contracts | (4,176,186) | (2,024,609) |
Total Equity Risk | (4,176,186) | (2,024,609) |
Interest Rate Risk | ||
Futures Contracts | (1,291,167) | 61,054 |
Total Interest Rate Risk | (1,291,167) | 61,054 |
Totals | (5,467,353) | (1,963,555) |
Fidelity Asset Manager 70% | ||
Equity Risk | ||
Futures Contracts | (9,340,324) | (5,868,945) |
Total Equity Risk | (9,340,324) | (5,868,945) |
Interest Rate Risk | ||
Futures Contracts | (2,061,565) | 96,724 |
Total Interest Rate Risk | (2,061,565) | 96,724 |
Totals | (11,401,889) | (5,772,221) |
Fidelity Asset Manager 85% | ||
Equity Risk | ||
Futures Contracts | (6,038,317) | (1,073,107) |
Total Equity Risk | (6,038,317) | (1,073,107) |
Interest Rate Risk | ||
Futures Contracts | (1,162,310) | 54,055 |
Total Interest Rate Risk | (1,162,310) | 54,055 |
Totals | (7,200,627) | (1,019,052) |
Purchases ($) | Sales ($) | |
Fidelity Asset Manager 20% | 1,241,476,720 | 1,421,975,231 |
Fidelity Asset Manager 30% | 419,153,408 | 668,130,323 |
Fidelity Asset Manager 40% | 436,258,301 | 612,486,824 |
Fidelity Asset Manager 50% | 1,879,543,306 | 2,513,791,265 |
Fidelity Asset Manager 60% | 769,401,076 | 850,023,081 |
Fidelity Asset Manager 70% | 1,146,797,145 | 1,298,372,197 |
Fidelity Asset Manager 85% | 827,877,741 | 884,924,938 |
Individual Rate | Group Rate | Total | |
Fidelity Asset Manager 20% | .30% | .10% | .40% |
Fidelity Asset Manager 30% | .30% | .10% | .40% |
Fidelity Asset Manager 40% | .30% | .10% | .40% |
Fidelity Asset Manager 50% | .25% | .23% | .48% |
Fidelity Asset Manager 60% | .30% | .23% | .53% |
Fidelity Asset Manager 70% | .30% | .23% | .53% |
Fidelity Asset Manager 85% | .30% | .23% | .53% |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |
Fidelity Asset Manager 20% | ||||
Class A | - % | .25% | $141,356 | $4,619 |
Class M | .25% | .25% | 142,936 | 511 |
Class C | .75% | .25% | 187,977 | 21,241 |
$472,269 | $26,371 | |||
Fidelity Asset Manager 30% | ||||
Class A | - % | .25% | $181,312 | $4,982 |
Class M | .25% | .25% | 112,560 | 230 |
Class C | .75% | .25% | 232,931 | 22,865 |
$526,803 | $28,077 | |||
Fidelity Asset Manager 40% | ||||
Class A | - % | .25% | $181,423 | $1,519 |
Class M | .25% | .25% | 67,010 | 237 |
Class C | .75% | .25% | 189,307 | 22,313 |
$437,740 | $24,069 | |||
Fidelity Asset Manager 50% | ||||
Class A | - % | .25% | $299,012 | $10,379 |
Class M | .25% | .25% | 254,876 | 782 |
Class C | .75% | .25% | 316,852 | 31,225 |
$870,740 | $42,386 | |||
Fidelity Asset Manager 60% | ||||
Class A | - % | .25% | $380,610 | $4,977 |
Class M | .25% | .25% | 235,514 | 663 |
Class C | .75% | .25% | 331,185 | 33,700 |
$947,309 | $39,340 | |||
Fidelity Asset Manager 70% | ||||
Class A | - % | .25% | $505,807 | $5,671 |
Class M | .25% | .25% | 343,032 | 888 |
Class C | .75% | .25% | 317,680 | 46,739 |
$1,166,519 | $53,298 | |||
Fidelity Asset Manager 85% | ||||
Class A | - % | .25% | $488,761 | $2,632 |
Class M | .25% | .25% | 230,344 | 869 |
Class C | .75% | .25% | 397,052 | 66,481 |
$1,116,157 | $69,982 | |||
Retained by FDC | |
Fidelity Asset Manager 20% | |
Class A | $12,028 |
Class M | 2,929 |
Class C A | 1,020 |
$15,977 | |
Fidelity Asset Manager 30% | |
Class A | $12,913 |
Class M | 1,501 |
Class C A | 362 |
$14,776 | |
Fidelity Asset Manager 40% | |
Class A | $16,915 |
Class M | 2,603 |
Class C A | 460 |
$19,978 | |
Fidelity Asset Manager 50% | |
Class A | $27,381 |
Class M | 5,307 |
Class C A | 850 |
$33,538 | |
Fidelity Asset Manager 60% | |
Class A | $37,939 |
Class M | 4,979 |
Class C A | 823 |
$43,741 | |
Fidelity Asset Manager 70% | |
Class A | $91,415 |
Class M | 8,326 |
Class C A | 900 |
$100,641 | |
Fidelity Asset Manager 85% | |
Class A | $184,560 |
Class M | 6,924 |
Class C A | 957 |
$192,441 | |
Amount | % of Class-Level Average Net Assets | |
Fidelity Asset Manager 20% | ||
Class A | $80,679 | .14 |
Class M | 40,131 | .14 |
Class C | 26,987 | .14 |
Asset Manager 20% | 3,072,494 | .08 |
Class I | 33,501 | .13 |
Class Z | 901,053 | .05 |
$4,154,845 | ||
Fidelity Asset Manager 30% | ||
Class A | $93,928 | .13 |
Class M | 29,495 | .13 |
Class C | 33,296 | .14 |
Asset Manager 30% | 1,299,933 | .08 |
Class I | 38,781 | .14 |
Class Z | 220,544 | .05 |
$1,715,977 | ||
Fidelity Asset Manager 40% | ||
Class A | $98,888 | .14 |
Class M | 16,929 | .13 |
Class C | 28,008 | .15 |
Asset Manager 40% | 1,301,788 | .09 |
Class I | 48,659 | .13 |
Class Z | 274,350 | .05 |
$1,768,622 | ||
Fidelity Asset Manager 50% | ||
Class A | $197,970 | .17 |
Class M | 79,621 | .16 |
Class C | 53,527 | .17 |
Asset Manager 50% | 8,753,785 | .12 |
Class I | 79,893 | .14 |
Class Z | 783,337 | .04 |
$9,948,133 | ||
Fidelity Asset Manager 60% | ||
Class A | $273,499 | .18 |
Class M | 79,841 | .17 |
Class C | 64,510 | .19 |
Asset Manager 60% | 2,482,306 | .12 |
Class I | 183,992 | .18 |
Class Z | 568,607 | .04 |
$3,652,755 | ||
Fidelity Asset Manager 70% | ||
Class A | $331,393 | .16 |
Class M | 108,265 | .16 |
Class C | 54,670 | .17 |
Asset Manager 70% | 4,656,368 | .12 |
Class I | 70,619 | .15 |
Class Z | 809,332 | .04 |
$6,030,647 | ||
Fidelity Asset Manager 85% | ||
Class A | $331,336 | .17 |
Class M | 76,828 | .17 |
Class C | 72,065 | .18 |
Asset Manager 85% | 2,620,691 | .14 |
Class I | 95,286 | .16 |
Class Z | 509,865 | .04 |
$3,706,071 |
% of Average Net Assets | |
Fidelity Asset Manager 20% | .02 |
Fidelity Asset Manager 30% | .03 |
Fidelity Asset Manager 40% | .03 |
Fidelity Asset Manager 50% | .02 |
Fidelity Asset Manager 60% | .03 |
Fidelity Asset Manager 70% | .02 |
Fidelity Asset Manager 85% | .03 |
Amount | |
Fidelity Asset Manager 20% | $4 |
Fidelity Asset Manager 30% | 2 |
Fidelity Asset Manager 40% | 2 |
Fidelity Asset Manager 50% | 7 |
Fidelity Asset Manager 60% | 3 |
Fidelity Asset Manager 70% | 4 |
Fidelity Asset Manager 85% | 2 |
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Asset Manager 85% | Borrower | $5,008,000 | 4.07% | $1,696 |
Amount | |
Fidelity Asset Manager 20% | $10,507 |
Fidelity Asset Manager 30% | 4,156 |
Fidelity Asset Manager 40% | 4,169 |
Fidelity Asset Manager 50% | 17,734 |
Fidelity Asset Manager 60% | 7,013 |
Fidelity Asset Manager 70% | 11,250 |
Fidelity Asset Manager 85% | 6,339 |
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 Asset Manager 20% | $235 | $- | $- |
Fidelity Asset Manager 30% | $190 | $- | $- |
Fidelity Asset Manager 40% | $229 | $- | $- |
Fidelity Asset Manager 50% | $876 | $- | $- |
Fidelity Asset Manager 60% | $732 | $- | $- |
Fidelity Asset Manager 70% | $2,022 | $- | $- |
Fidelity Asset Manager 85% | $2,687 | $- | $- |
Custodian credits | Transfer Agent credits | |
Fidelity Asset Manager 20% | $31 | $- |
Class A | - | 38 |
Class M | - | 538 |
Class C | - | 33 |
Fidelity Asset Manager 30% | 204 | - |
Class M | - | 199 |
Class C | - | 18 |
Fidelity Asset Manager 40% | 258 | - |
Class M | - | 49 |
Fidelity Asset Manager 50% | - | - |
Class M | - | 372 |
Fidelity Asset Manager 60% | - | - |
Class M | - | 243 |
Fidelity Asset Manager 70% | 1,767 | - |
Class M | - | 9 |
Fidelity Asset Manager 85% | - | - |
Class M | - | 105 |
Fund-Level Amount | |
Fidelity Asset Manager 20% | $149,455 |
Fidelity Asset Manager 30% | 58,625 |
Fidelity Asset Manager 40% | 59,246 |
Fidelity Asset Manager 50% | 475,424 |
Fidelity Asset Manager 60% | 189,165 |
Fidelity Asset Manager 70% | 304,245 |
Fidelity Asset Manager 85% | 171,176 |
Year ended September 30, 2023 | Year ended September 30, 2022 | |
Fidelity Asset Manager 20% | ||
Distributions to shareholders | ||
Class A | $2,872,185 | $991,390 |
Class M | 1,348,563 | 421,840 |
Class C | 835,007 | 250,693 |
Asset Manager 20% | 195,919,341 | 85,201,958 |
Class I | 1,439,959 | 564,762 |
Class Z | 96,155,136 | 34,570,193 |
Total | $298,570,191 | $122,000,836 |
Fidelity Asset Manager 30% | ||
Distributions to shareholders | ||
Class A | $3,712,002 | $1,450,459 |
Class M | 1,115,340 | 413,081 |
Class C | 1,057,329 | 398,808 |
Asset Manager 30% | 87,216,487 | 44,055,920 |
Class I | 1,456,615 | 1,487,743 |
Class Z | 23,831,002 | 10,317,674 |
Total | $118,388,775 | $58,123,685 |
Fidelity Asset Manager 40% | ||
Distributions to shareholders | ||
Class A | $ 4,061,015 | $ 1,639,380 |
Class M | 717,718 | 277,419 |
Class C | 952,604 | 395,975 |
Asset Manager 40% | 91,378,261 | 45,248,272 |
Class I | 2,096,562 | 1,013,722 |
Class Z | 32,265,725 | 14,531,162 |
Total | $131,471,885 | $63,105,930 |
Fidelity Asset Manager 50% | ||
Distributions to shareholders | ||
Class A | $7,725,964 | $ 3,721,847 |
Class M | 3,172,590 | 1,484,787 |
Class C | 1,858,800 | 1,078,039 |
Asset Manager 50% | 498,002,312 | 273,464,153 |
Class I | 3,864,843 | 2,421,243 |
Class Z | 125,048,165 | 63,662,925 |
Total | $639,672,674 | $345,832,994 |
Fidelity Asset Manager 60% | ||
Distributions to shareholders | ||
Class A | $5,829,870 | $3,902,281 |
Class M | 1,719,076 | 1,101,083 |
Class C | 1,017,325 | 858,414 |
Asset Manager 60% | 86,418,079 | 63,251,257 |
Class I | 4,209,470 | 2,945,047 |
Class Z | 57,000,860 | 42,100,720 |
Total | $156,194,680 | $114,158,802 |
Fidelity Asset Manager 70% | ||
Distributions to shareholders | ||
Class A | $11,630,377 | $5,556,535 |
Class M | 3,792,389 | 1,832,295 |
Class C | 1,619,138 | 693,159 |
Asset Manager 70% | 232,428,831 | 125,547,326 |
Class I | 2,972,044 | 1,586,971 |
Class Z | 117,108,771 | 61,865,255 |
Total | $369,551,550 | $197,081,541 |
Fidelity Asset Manager 85% | ||
Distributions to shareholders | ||
Class A | $8,386,555 | $5,950,158 |
Class M | 1,930,817 | 1,556,477 |
Class C | 1,489,984 | 1,116,460 |
Asset Manager 85% | 87,417,456 | 70,669,724 |
Class I | 2,665,270 | 1,988,931 |
Class Z | 57,534,110 | 46,775,351 |
Total | $159,424,192 | $128,057,101 |
Shares | Shares | Dollars | Dollars | |
Year ended September 30, 2023 | Year ended September 30, 2022 | Year ended September 30, 2023 | Year ended September 30, 2022 | |
Fidelity Asset Manager 20% | ||||
Class A | ||||
Shares sold | 747,930 | 1,213,628 | $9,713,539 | $17,161,109 |
Reinvestment of distributions | 217,307 | 67,107 | 2,784,288 | 958,183 |
Shares redeemed | (1,221,697) | (1,102,850) | (15,835,637) | (15,442,378) |
Net increase (decrease) | (256,460) | 177,885 | $(3,337,810) | $2,676,914 |
Class M | ||||
Shares sold | 308,015 | 260,742 | $3,986,588 | $3,700,387 |
Reinvestment of distributions | 104,944 | 29,459 | 1,340,835 | 421,152 |
Shares redeemed | (309,409) | (321,181) | (4,003,754) | (4,514,288) |
Net increase (decrease) | 103,550 | (30,980) | $1,323,669 | $(392,749) |
Class C | ||||
Shares sold | 209,118 | 781,490 | $2,688,974 | $11,016,567 |
Reinvestment of distributions | 65,337 | 17,269 | 827,517 | 247,715 |
Shares redeemed | (498,144) | (1,021,837) | (6,386,213) | (13,973,536) |
Net increase (decrease) | (223,689) | (223,078) | $(2,869,722) | $(2,709,254) |
Asset Manager 20% | ||||
Shares sold | 13,116,861 | 34,537,085 | $170,315,586 | $493,333,788 |
Reinvestment of distributions | 14,397,795 | 5,685,424 | 184,830,124 | 81,364,653 |
Shares redeemed | (56,301,179) | (69,009,967) | (731,267,083) | (964,227,064) |
Net increase (decrease) | (28,786,523) | (28,787,458) | $(376,121,373) | $(389,528,623) |
Class I | ||||
Shares sold | 751,231 | 1,039,602 | $9,753,797 | $14,594,278 |
Reinvestment of distributions | 106,997 | 36,840 | 1,373,332 | 525,188 |
Shares redeemed | (1,432,497) | (1,004,799) | (18,650,066) | (14,055,036) |
Net increase (decrease) | (574,269) | 71,643 | $(7,522,937) | $1,064,430 |
Class Z | ||||
Shares sold | 41,778,309 | 58,153,285 | $542,899,885 | $852,912,615 |
Reinvestment of distributions | 7,479,736 | 2,420,374 | 95,991,524 | 34,545,167 |
Shares redeemed | (30,676,184) | (39,079,978) | (398,877,154) | (547,996,639) |
Net increase (decrease) | 18,581,861 | 21,493,681 | $240,014,255 | $339,461,143 |
Fidelity Asset Manager 30% | ||||
Class A | ||||
Shares sold | 803,385 | 1,638,808 | $8,869,002 | $20,111,023 |
Reinvestment of distributions | 335,928 | 114,874 | 3,652,477 | 1,424,987 |
Shares redeemed | (1,377,556) | (1,185,055) | (15,252,349) | (14,197,922) |
Net increase (decrease) | (238,243) | 568,627 | $(2,730,870) | $7,338,088 |
Class M | ||||
Shares sold | 267,816 | 492,689 | $2,968,427 | $6,024,847 |
Reinvestment of distributions | 102,780 | 33,190 | 1,114,632 | 412,720 |
Shares redeemed | (479,687) | (506,164) | (5,308,302) | (6,083,193) |
Net increase (decrease) | (109,091) | 19,715 | $(1,225,243) | $354,374 |
Class C | ||||
Shares sold | 198,376 | 621,466 | $2,154,101 | $7,670,984 |
Reinvestment of distributions | 98,581 | 31,982 | 1,057,182 | 398,765 |
Shares redeemed | (644,843) | (913,951) | (7,047,003) | (10,932,489) |
Net increase (decrease) | (347,886) | (260,503) | $(3,835,720) | $(2,862,740) |
Asset Manager 30% | ||||
Shares sold | 8,152,829 | 25,304,829 | $90,263,762 | $313,879,604 |
Reinvestment of distributions | 7,493,533 | 3,362,693 | 81,428,212 | 41,729,028 |
Shares redeemed | (35,306,472) | (50,063,881) | (390,638,128) | (603,305,981) |
Net increase (decrease) | (19,660,110) | (21,396,359) | $(218,946,154) | $(247,697,349) |
Class I | ||||
Shares sold | 2,583,395 | 927,221 | $28,952,448 | $11,540,764 |
Reinvestment of distributions | 128,358 | 115,131 | 1,394,770 | 1,427,504 |
Shares redeemed | (3,249,621) | (4,219,686) | (36,009,329) | (48,105,245) |
Net increase (decrease) | (537,868) | (3,177,334) | $(5,662,111) | $(35,136,977) |
Class Z | ||||
Shares sold | 7,577,570 | 9,286,612 | $83,915,317 | $116,583,512 |
Reinvestment of distributions | 2,183,026 | 829,481 | 23,736,270 | 10,268,903 |
Shares redeemed | (6,721,782) | (10,199,285) | (74,526,754) | (123,276,606) |
Net increase (decrease) | 3,038,814 | (83,192) | $33,124,833 | $3,575,809 |
Fidelity Asset Manager 40% | ||||
Class A | ||||
Shares sold | 884,362 | 1,624,250 | $10,483,915 | $21,547,853 |
Reinvestment of distributions | 352,160 | 120,588 | 4,057,526 | 1,637,134 |
Shares redeemed | (1,329,805) | (1,013,908) | (15,729,162) | (13,044,713) |
Net increase (decrease) | (93,283) | 730,930 | $(1,187,721) | $10,140,274 |
Class M | ||||
Shares sold | 159,494 | 141,483 | $1,897,889 | $1,854,906 |
Reinvestment of distributions | 61,249 | 19,968 | 704,834 | 272,231 |
Shares redeemed | (168,980) | (163,695) | (2,003,338) | (2,112,478) |
Net increase (decrease) | 51,763 | (2,244) | $599,385 | $14,659 |
Class C | ||||
Shares sold | 224,416 | 445,803 | $2,650,340 | $5,889,712 |
Reinvestment of distributions | 82,940 | 28,802 | 949,184 | 395,493 |
Shares redeemed | (501,532) | (709,727) | (5,901,268) | (9,131,451) |
Net increase (decrease) | (194,176) | (235,122) | $(2,301,744) | $(2,846,246) |
Asset Manager 40% | ||||
Shares sold | 11,052,633 | 30,122,919 | $131,183,147 | $400,913,648 |
Reinvestment of distributions | 7,318,660 | 3,151,983 | 84,284,822 | 42,769,069 |
Shares redeemed | (27,887,233) | (33,206,313) | (329,996,011) | (429,561,437) |
Net increase (decrease) | (9,515,940) | 68,589 | $(114,528,042) | $14,121,280 |
Class I | ||||
Shares sold | 853,834 | 833,599 | $10,102,646 | $10,882,785 |
Reinvestment of distributions | 153,641 | 60,145 | 1,770,765 | 815,909 |
Shares redeemed | (867,039) | (957,436) | (10,244,014) | (12,321,248) |
Net increase (decrease) | 140,436 | (63,692) | $1,629,397 | $(622,554) |
Class Z | ||||
Shares sold | 6,284,539 | 8,734,021 | $73,845,714 | $118,135,811 |
Reinvestment of distributions | 2,795,482 | 1,070,159 | 32,210,077 | 14,495,871 |
Shares redeemed | (7,148,927) | (6,274,751) | (84,864,379) | (80,857,226) |
Net increase (decrease) | 1,931,094 | 3,529,429 | $21,191,412 | $51,774,456 |
Fidelity Asset Manager 50% | ||||
Class A | ||||
Shares sold | 968,649 | 1,097,694 | $17,835,233 | $22,893,055 |
Reinvestment of distributions | 421,565 | 166,313 | 7,504,919 | 3,608,779 |
Shares redeemed | (1,202,574) | (1,126,804) | (22,213,419) | (22,919,785) |
Net increase (decrease) | 187,640 | 137,203 | $3,126,733 | $3,582,049 |
Class M | ||||
Shares sold | 265,642 | 406,424 | $4,885,043 | $8,571,943 |
Reinvestment of distributions | 178,242 | 68,192 | 3,168,893 | 1,483,171 |
Shares redeemed | (481,078) | (399,715) | (8,894,168) | (8,135,490) |
Net increase (decrease) | (37,194) | 74,901 | $(840,232) | $1,919,624 |
Class C | ||||
Shares sold | 297,400 | 356,481 | $5,471,240 | $7,555,005 |
Reinvestment of distributions | 104,429 | 48,862 | 1,836,994 | 1,064,828 |
Shares redeemed | (541,145) | (947,734) | (9,877,578) | (19,409,950) |
Net increase (decrease) | (139,316) | (542,391) | $(2,569,344) | $(10,790,117) |
Asset Manager 50% | ||||
Shares sold | 15,925,415 | 27,309,440 | $296,093,223 | $577,432,799 |
Reinvestment of distributions | 26,236,917 | 11,987,047 | 469,456,625 | 260,572,763 |
Shares redeemed | (58,256,227) | (61,543,211) | (1,080,821,978) | (1,266,134,074) |
Net increase (decrease) | (16,093,895) | (22,246,724) | $(315,272,130) | $(428,128,512) |
Class I | ||||
Shares sold | 489,704 | 643,396 | $9,044,818 | $13,349,939 |
Reinvestment of distributions | 200,468 | 102,735 | 3,577,872 | 2,227,359 |
Shares redeemed | (1,278,236) | (1,045,348) | (23,632,045) | (20,852,276) |
Net increase (decrease) | (588,064) | (299,217) | $(11,009,355) | $(5,274,978) |
Class Z | ||||
Shares sold | 14,377,254 | 14,429,540 | $265,269,375 | $317,156,617 |
Reinvestment of distributions | 7,003,999 | 2,940,624 | 124,981,916 | 63,625,470 |
Shares redeemed | (14,076,380) | (12,520,527) | (259,748,929) | (254,971,772) |
Net increase (decrease) | 7,304,873 | 4,849,637 | $130,502,362 | $125,810,315 |
Fidelity Asset Manager 60% | ||||
Class A | ||||
Shares sold | 1,291,616 | 1,933,013 | $17,577,208 | $28,794,422 |
Reinvestment of distributions | 442,750 | 238,708 | 5,742,465 | 3,845,582 |
Shares redeemed | (1,607,777) | (1,739,346) | (21,900,881) | (25,611,081) |
Net increase (decrease) | 126,589 | 432,375 | $1,418,792 | $7,028,923 |
Class M | ||||
Shares sold | 183,978 | 404,590 | $2,468,297 | $5,941,698 |
Reinvestment of distributions | 132,108 | 68,230 | 1,705,515 | 1,094,411 |
Shares redeemed | (383,998) | (437,923) | (5,194,019) | (6,435,330) |
Net increase (decrease) | (67,912) | 34,897 | $(1,020,207) | $600,779 |
Class C | ||||
Shares sold | 398,666 | 761,108 | $5,301,650 | $11,638,028 |
Reinvestment of distributions | 79,236 | 53,957 | 1,013,431 | 856,301 |
Shares redeemed | (759,021) | (1,764,942) | (10,054,751) | (25,816,724) |
Net increase (decrease) | (281,119) | (949,877) | $(3,739,670) | $(13,322,395) |
Asset Manager 60% | ||||
Shares sold | 19,688,961 | 24,399,337 | $269,133,298 | $372,698,318 |
Reinvestment of distributions | 6,154,563 | 3,711,829 | 80,193,953 | 60,094,504 |
Shares redeemed | (27,437,050) | (28,208,147) | (375,308,414) | (417,194,958) |
Net increase (decrease) | (1,593,526) | (96,981) | $(25,981,163) | $15,597,864 |
Class I | ||||
Shares sold | 936,886 | 1,457,978 | $12,827,045 | $21,857,509 |
Reinvestment of distributions | 316,435 | 178,293 | 4,126,312 | 2,888,342 |
Shares redeemed | (1,261,060) | (1,387,591) | (17,305,847) | (20,572,676) |
Net increase (decrease) | (7,739) | 248,680 | $(352,490) | $4,173,175 |
Class Z | ||||
Shares sold | 8,916,420 | 20,950,179 | $121,471,479 | $332,907,746 |
Reinvestment of distributions | 4,361,118 | 2,601,636 | 56,781,753 | 42,068,451 |
Shares redeemed | (11,992,984) | (14,604,794) | (163,285,078) | (212,747,799) |
Net increase (decrease) | 1,284,554 | 8,947,021 | $14,968,154 | $162,228,398 |
Fidelity Asset Manager 70% | ||||
Class A | ||||
Shares sold | 1,132,350 | 1,232,167 | $27,070,987 | $32,684,583 |
Reinvestment of distributions | 497,456 | 185,884 | 11,227,584 | 5,366,481 |
Shares redeemed | (1,090,699) | (1,115,506) | (26,022,775) | (29,516,026) |
Net increase (decrease) | 539,107 | 302,545 | $12,275,796 | $8,535,038 |
Class M | ||||
Shares sold | 270,196 | 365,881 | $6,476,400 | $9,976,911 |
Reinvestment of distributions | 166,294 | 62,819 | 3,756,587 | 1,814,208 |
Shares redeemed | (434,796) | (462,420) | (10,337,019) | (12,080,636) |
Net increase (decrease) | 1,694 | (33,720) | $(104,032) | $(289,517) |
Class C | ||||
Shares sold | 315,611 | 244,063 | $7,566,188 | $6,432,819 |
Reinvestment of distributions | 71,764 | 24,031 | 1,618,279 | 692,811 |
Shares redeemed | (366,730) | (526,175) | (8,731,748) | (14,054,121) |
Net increase (decrease) | 20,645 | (258,081) | $452,719 | $(6,928,491) |
Asset Manager 70% | ||||
Shares sold | 10,874,313 | 13,461,929 | $261,535,858 | $363,284,018 |
Reinvestment of distributions | 9,702,666 | 4,176,392 | 219,377,281 | 120,739,485 |
Shares redeemed | (20,978,824) | (19,789,580) | (502,758,161) | (523,368,127) |
Net increase (decrease) | (401,845) | (2,151,259) | $(21,845,022) | $(39,344,624) |
Class I | ||||
Shares sold | 512,304 | 611,462 | $12,263,683 | $16,733,716 |
Reinvestment of distributions | 123,913 | 52,797 | 2,804,156 | 1,527,414 |
Shares redeemed | (625,523) | (649,608) | (15,009,057) | (17,306,780) |
Net increase (decrease) | 10,694 | 14,651 | $58,782 | $954,350 |
Class Z | ||||
Shares sold | 7,207,888 | 11,306,690 | $171,717,576 | $323,885,349 |
Reinvestment of distributions | 5,183,731 | 2,141,090 | 116,996,811 | 61,791,848 |
Shares redeemed | (7,234,949) | (7,017,762) | (173,217,554) | (182,460,530) |
Net increase (decrease) | 5,156,670 | 6,430,018 | $115,496,833 | $203,216,667 |
Fidelity Asset Manager 85% | ||||
Class A | ||||
Shares sold | 1,680,039 | 1,954,912 | $36,637,506 | $46,844,607 |
Reinvestment of distributions | 406,694 | 223,610 | 8,349,442 | 5,909,999 |
Shares redeemed | (1,171,777) | (1,270,677) | (25,636,095) | (30,396,928) |
Net increase (decrease) | 914,956 | 907,845 | $19,350,853 | $22,357,678 |
Class M | ||||
Shares sold | 228,141 | 294,786 | $4,975,206 | $7,228,937 |
Reinvestment of distributions | 94,377 | 59,085 | 1,924,349 | 1,550,980 |
Shares redeemed | (339,417) | (356,369) | (7,349,555) | (8,566,938) |
Net increase (decrease) | (16,899) | (2,498) | $(450,000) | $212,979 |
Class C | ||||
Shares sold | 374,319 | 372,668 | $8,048,298 | $8,760,605 |
Reinvestment of distributions | 73,597 | 42,825 | 1,485,932 | 1,113,453 |
Shares redeemed | (490,917) | (525,731) | (10,504,586) | (12,376,554) |
Net increase (decrease) | (43,001) | (110,238) | $(970,356) | $(2,502,496) |
Asset Manager 85% | ||||
Shares sold | 8,202,359 | 10,443,635 | $182,700,183 | $258,814,937 |
Reinvestment of distributions | 4,009,724 | 2,550,056 | 83,241,869 | 68,112,000 |
Shares redeemed | (11,532,481) | (12,083,008) | (254,741,572) | (291,630,863) |
Net increase (decrease) | 679,602 | 910,683 | $11,200,480 | $35,296,074 |
Class I | ||||
Shares sold | 823,798 | 636,693 | $18,218,557 | $15,242,748 |
Reinvestment of distributions | 122,678 | 73,939 | 2,539,426 | 1,969,001 |
Shares redeemed | (895,092) | (475,195) | (19,928,329) | (11,332,371) |
Net increase (decrease) | 51,384 | 235,437 | $829,654 | $5,879,378 |
Class Z | ||||
Shares sold | 8,552,138 | 13,530,246 | $188,206,301 | $344,125,128 |
Reinvestment of distributions | 2,786,073 | 1,760,616 | 57,504,545 | 46,761,952 |
Shares redeemed | (10,847,796) | (8,877,361) | (236,555,070) | (209,492,051) |
Net increase (decrease) | 490,415 | 6,413,501 | $9,155,776 | $181,395,029 |
Fund | Affiliated % |
Fidelity Asset Manager 20% | 34% |
Fidelity Asset Manager 60% | 35% |
Fidelity Asset Manager 70% | 31% |
Fidelity Asset Manager 85% | 33% |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2023 to September 30, 2023). |
Annualized Expense Ratio- A | Beginning Account Value April 1, 2023 | Ending Account Value September 30, 2023 | Expenses Paid During Period- C April 1, 2023 to September 30, 2023 | |||||||
Fidelity Asset Manager® 20% | ||||||||||
Class A | .81% | |||||||||
Actual | $ 1,000 | $ 983.40 | $ 4.03 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.01 | $ 4.10 | |||||||
Class M | 1.06% | |||||||||
Actual | $ 1,000 | $ 982.30 | $ 5.27 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.75 | $ 5.37 | |||||||
Class C | 1.56% | |||||||||
Actual | $ 1,000 | $ 980.40 | $ 7.74 | |||||||
Hypothetical-B | $ 1,000 | $ 1,017.25 | $ 7.89 | |||||||
Fidelity Asset Manager® 20% | .50% | |||||||||
Actual | $ 1,000 | $ 985.00 | $ 2.49 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.56 | $ 2.54 | |||||||
Class I | .54% | |||||||||
Actual | $ 1,000 | $ 984.70 | $ 2.69 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.36 | $ 2.74 | |||||||
Class Z | .47% | |||||||||
Actual | $ 1,000 | $ 985.20 | $ 2.34 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.71 | $ 2.38 | |||||||
Fidelity Asset Manager® 30% | ||||||||||
Class A | .82% | |||||||||
Actual | $ 1,000 | $ 983.40 | $ 4.08 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.96 | $ 4.15 | |||||||
Class M | 1.07% | |||||||||
Actual | $ 1,000 | $ 982.20 | $ 5.32 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.70 | $ 5.42 | |||||||
Class C | 1.58% | |||||||||
Actual | $ 1,000 | $ 979.50 | $ 7.84 | |||||||
Hypothetical-B | $ 1,000 | $ 1,017.15 | $ 7.99 | |||||||
Fidelity Asset Manager® 30% | .52% | |||||||||
Actual | $ 1,000 | $ 984.90 | $ 2.59 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.46 | $ 2.64 | |||||||
Class I | .58% | |||||||||
Actual | $ 1,000 | $ 984.80 | $ 2.89 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.16 | $ 2.94 | |||||||
Class Z | .49% | |||||||||
Actual | $ 1,000 | $ 985.00 | $ 2.44 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.61 | $ 2.48 | |||||||
Fidelity Asset Manager® 40% | ||||||||||
Class A | .82% | |||||||||
Actual | $ 1,000 | $ 986.40 | $ 4.08 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.96 | $ 4.15 | |||||||
Class M | 1.07% | |||||||||
Actual | $ 1,000 | $ 985.30 | $ 5.33 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.70 | $ 5.42 | |||||||
Class C | 1.58% | |||||||||
Actual | $ 1,000 | $ 981.80 | $ 7.85 | |||||||
Hypothetical-B | $ 1,000 | $ 1,017.15 | $ 7.99 | |||||||
Fidelity Asset Manager® 40% | .52% | |||||||||
Actual | $ 1,000 | $ 987.90 | $ 2.59 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.46 | $ 2.64 | |||||||
Class I | .57% | |||||||||
Actual | $ 1,000 | $ 986.80 | $ 2.84 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.21 | $ 2.89 | |||||||
Class Z | .49% | |||||||||
Actual | $ 1,000 | $ 988.10 | $ 2.44 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.61 | $ 2.48 | |||||||
Fidelity Asset Manager® 50% | ||||||||||
Class A | .90% | |||||||||
Actual | $ 1,000 | $ 988.40 | $ 4.49 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.56 | $ 4.56 | |||||||
Class M | 1.14% | |||||||||
Actual | $ 1,000 | $ 987.20 | $ 5.68 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.35 | $ 5.77 | |||||||
Class C | 1.66% | |||||||||
Actual | $ 1,000 | $ 984.60 | $ 8.26 | |||||||
Hypothetical-B | $ 1,000 | $ 1,016.75 | $ 8.39 | |||||||
Fidelity Asset Manager® 50% | .61% | |||||||||
Actual | $ 1,000 | $ 989.40 | $ 3.04 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.01 | $ 3.09 | |||||||
Class I | .63% | |||||||||
Actual | $ 1,000 | $ 989.80 | $ 3.14 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.91 | $ 3.19 | |||||||
Class Z | .53% | |||||||||
Actual | $ 1,000 | $ 990.30 | $ 2.64 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.69 | |||||||
Fidelity Asset Manager® 60% | ||||||||||
Class A | .99% | |||||||||
Actual | $ 1,000 | $ 991.20 | $ 4.94 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.10 | $ 5.01 | |||||||
Class M | 1.22% | |||||||||
Actual | $ 1,000 | $ 989.70 | $ 6.09 | |||||||
Hypothetical-B | $ 1,000 | $ 1,018.95 | $ 6.17 | |||||||
Class C | 1.75% | |||||||||
Actual | $ 1,000 | $ 987.30 | $ 8.72 | |||||||
Hypothetical-B | $ 1,000 | $ 1,016.29 | $ 8.85 | |||||||
Fidelity Asset Manager® 60% | .68% | |||||||||
Actual | $ 1,000 | $ 992.70 | $ 3.40 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.66 | $ 3.45 | |||||||
Class I | .73% | |||||||||
Actual | $ 1,000 | $ 992.70 | $ 3.65 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.41 | $ 3.70 | |||||||
Class Z | .60% | |||||||||
Actual | $ 1,000 | $ 993.40 | $ 3.00 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.06 | $ 3.04 | |||||||
Fidelity Asset Manager® 70% | ||||||||||
Class A | .96% | |||||||||
Actual | $ 1,000 | $ 996.60 | $ 4.80 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.26 | $ 4.86 | |||||||
Class M | 1.20% | |||||||||
Actual | $ 1,000 | $ 995.40 | $ 6.00 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.05 | $ 6.07 | |||||||
Class C | 1.72% | |||||||||
Actual | $ 1,000 | $ 992.80 | $ 8.59 | |||||||
Hypothetical-B | $ 1,000 | $ 1,016.44 | $ 8.69 | |||||||
Fidelity Asset Manager® 70% | .67% | |||||||||
Actual | $ 1,000 | $ 998.30 | $ 3.36 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.71 | $ 3.40 | |||||||
Class I | .69% | |||||||||
Actual | $ 1,000 | $ 998.30 | $ 3.46 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.61 | $ 3.50 | |||||||
Class Z | .59% | |||||||||
Actual | $ 1,000 | $ 998.70 | $ 2.96 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.11 | $ 2.99 | |||||||
Fidelity Asset Manager® 85% | ||||||||||
Class A | .97% | |||||||||
Actual | $ 1,000 | $ 1,002.70 | $ 4.87 | |||||||
Hypothetical-B | $ 1,000 | $ 1,020.21 | $ 4.91 | |||||||
Class M | 1.22% | |||||||||
Actual | $ 1,000 | $ 1,001.40 | $ 6.12 | |||||||
Hypothetical-B | $ 1,000 | $ 1,018.95 | $ 6.17 | |||||||
Class C | 1.73% | |||||||||
Actual | $ 1,000 | $ 998.60 | $ 8.67 | |||||||
Hypothetical-B | $ 1,000 | $ 1,016.39 | $ 8.74 | |||||||
Fidelity Asset Manager® 85% | .69% | |||||||||
Actual | $ 1,000 | $ 1,003.60 | $ 3.47 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.61 | $ 3.50 | |||||||
Class I | .71% | |||||||||
Actual | $ 1,000 | $ 1,004.10 | $ 3.57 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.51 | $ 3.60 | |||||||
Class Z | .59% | |||||||||
Actual | $ 1,000 | $ 1,004.10 | $ 2.96 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.11 | $ 2.99 | |||||||
Fidelity Asset Manager 70% | $1,645,937 |
Fidelity Asset Manager 20% | 18.09% |
Fidelity Asset Manager 30% | 19.48% |
Fidelity Asset Manager 40% | 18.66% |
Fidelity Asset Manager 50% | 18.63% |
Fidelity Asset Manager 60% | 17.44% |
Fidelity Asset Manager 70% | 14.90% |
Fidelity Asset Manager 85% | 11.66% |
Fidelity Asset Manager 20% | $79,654,620 |
Fidelity Asset Manager 30% | $29,820,431 |
Fidelity Asset Manager 40% | $25,579,666 |
Fidelity Asset Manager 50% | $91,881,995 |
Fidelity Asset Manager 60% | $30,349,709 |
Fidelity Asset Manager 70% | $35,378,737 |
Fidelity Asset Manager 85% | $8,858,818 |
Fidelity Asset Manager 20% | $164,301,387 |
Fidelity Asset Manager 30% | $51,140,067 |
Fidelity Asset Manager 40% | $36,614,415 |
Fidelity Asset Manager 50% | $121,241,665 |
Fidelity Asset Manager 60% | $33,080,268 |
Fidelity Asset Manager 70% | $37,007,592 |
Fidelity Asset Manager 85% | $7,648,979 |
Class A | Class M | Class C | Retail | Class I | Class Z | |
Fidelity Asset Manager 20% | ||||||
October 2022 | 0% | 0% | 0% | 0% | 0% | 0% |
November 2022 | 7% | 8% | 11% | 6% | 6% | 6% |
December 2022 | 9% | 10% | 11% | 8% | 9% | 8% |
February 2023 | 8% | 11% | 32% | 6% | 7% | 6% |
March 2023 | 8% | 9% | 12% | 6% | 7% | 6% |
April 2023 | 7% | 8% | 10% | 6% | 6% | 6% |
May 2023 | 7% | 8% | 11% | 6% | 7% | 6% |
June 2023 | 8% | 8% | 11% | 6% | 7% | 6% |
July 2023 | 7% | 7% | 8% | 6% | 7% | 6% |
August 2023 | 7% | 8% | 11% | 6% | 6% | 6% |
September 2023 | 7% | 8% | 10% | 6% | 7% | 6% |
Fidelity Asset Manager 30% | ||||||
October 2022 | 0% | 0% | 0% | 0% | 0% | 0% |
November 2022 | 10% | 13% | 20% | 8% | 9% | 8% |
December 2022 | 12% | 13% | 16% | 12% | 12% | 11% |
February 2023 | 13% | 16% | 40% | 10% | 10% | 10% |
March 2023 | 12% | 14% | 25% | 10% | 12% | 10% |
April 2023 | 12% | 13% | 18% | 10% | 10% | 10% |
May 2023 | 12% | 14% | 21% | 10% | 10% | 10% |
June 2023 | 12% | 14% | 23% | 10% | 11% | 10% |
July 2023 | 11% | 12% | 13% | 10% | 10% | 10% |
August 2023 | 12% | 14% | 22% | 10% | 10% | 10% |
September 2023 | 12% | 14% | 20% | 10% | 10% | 10% |
Fidelity Asset Manager 40% | ||||||
October 2022 | 0% | 0% | 0% | 0% | 0% | 0% |
December 2022 | 16% | 17% | 22% | 15% | 15% | 14% |
April 2023 | 23% | 27% | 52% | 18% | 19% | 18% |
July 2023 | 21% | 23% | 30% | 18% | 19% | 18% |
Fidelity Asset Manager 50% | ||||||
October 2022 | 0% | 0% | 0% | 0% | 0% | 0% |
December 2022 | 19% | 21% | 26% | 18% | 18% | 17% |
April 2023 | 32% | 41% | 100% | 24% | 25% | 23% |
July 2023 | 28% | 32% | 42% | 24% | 25% | 24% |
Fidelity Asset Manager 60% | ||||||
December 2022 | 25% | 28% | 50% | 21% | 22% | 20% |
Fidelity Asset Manager 70% | ||||||
December 2022 | 30% | 36% | 55% | 26% | 26% | 25% |
Fidelity Asset Manager 85% | ||||||
December 2022 | 40% | 50% | 83% | 34% | 35% | 33% |
Class A | Class M | Class C | Retail | Class I | Class Z | |
Fidelity Asset Manager 20% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 10.00% | 11.65% | 16.08% | 8.76% | 9.13% | 8.76% |
December 2022 | 13.24% | 14.15% | 16.43% | 12.31% | 12.43% | 12.19% |
February 2023 | 18.72% | 24.96% | 74.87% | 14.98% | 16.64% | 14.98% |
March 2023 | 17.87% | 20.85% | 28.87% | 15.01% | 15.64% | 15.01% |
April 2023 | 16.66% | 17.81% | 22.45% | 15.19% | 15.19% | 14.76% |
May 2023 | 17.52% | 19.12% | 26.28% | 15.02% | 15.58% | 15.02% |
June 2023 | 17.75% | 19.52% | 26.03% | 15.02% | 15.62% | 15.02% |
July 2023 | 16.31% | 17.01% | 19.57% | 15.05% | 15.35% | 15.05% |
August 2023 | 17.04% | 19.36% | 25.05% | 15.21% | 15.21% | 14.69% |
September 2023 | 17.34% | 18.78% | 23.73% | 15.03% | 15.55% | 15.03% |
Fidelity Asset Manager 30% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 16.28% | 20.64% | 32.11% | 13.44% | 15.20% | 13.44% |
December 2022 | 20.26% | 21.63% | 25.41% | 18.83% | 18.83% | 18.61% |
February 2023 | 33.47% | 40.16% | 100% | 25.10% | 25.10% | 25.10% |
March 2023 | 30.59% | 35.69% | 61.17% | 25.19% | 28.55% | 25.19% |
April 2023 | 28.66% | 31.39% | 43.94% | 25.35% | 25.35% | 25.35% |
May 2023 | 28.81% | 35.46% | 51.21% | 25.61% | 25.61% | 24.26% |
June 2023 | 30.28% | 34.94% | 56.77% | 25.23% | 26.72% | 25.23% |
July 2023 | 27.25% | 28.57% | 32.54% | 25.47% | 26.04% | 25.47% |
August 2023 | 30.01% | 34.29% | 53.34% | 25.27% | 25.27% | 25.27% |
September 2023 | 30.32% | 34.98% | 50.53% | 25.27% | 25.27% | 25.27% |
Fidelity Asset Manager 40% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 27.89% | 29.87% | 37.93% | 25.12% | 25.63% | 24.87% |
April 2023 | 57.17% | 67.56% | 100% | 46.45% | 47.44% | 45.50% |
July 2023 | 52.40% | 58.13% | 75.92% | 46.50% | 47.69% | 45.93% |
Fidelity Asset Manager 50% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 34.55% | 37.51% | 47.03% | 31.40% | 31.82% | 30.60% |
April 2023 | 82.92% | 100% | 100% | 64.01% | 65.15% | 60.81% |
July 2023 | 73.07% | 82.60% | 100% | 63.86% | 64.95% | 61.78% |
Fidelity Asset Manager 60% | ||||||
December 2022 | 46.35% | 53.37% | 93.36% | 39.60% | 40.67% | 38.20% |
Fidelity Asset Manager 70% | ||||||
December 2022 | 57.38% | 67.91% | 100% | 49.48% | 49.98% | 47.59% |
Fidelity Asset Manager 85% | ||||||
December 2022 | 79.18% | 97.39% | 100% | 67.54% | 68.22% | 64.03% |
Class A | Class M | Class C | Retail | Class I | Class Z | |
Fidelity Asset Manager 20% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 1.14% | 1.33% | 1.84% | 1.00% | 1.04% | 1.00% |
December 2022 | 1.51% | 1.62% | 1.88% | 1.41% | 1.42% | 1.39% |
February 2023 | 0.74% | 0.98% | 2.93% | 0.59% | 0.66% | 0.59% |
March 2023 | 0.70% | 0.82% | 1.13% | 0.59% | 0.62% | 0.59% |
April 2023 | 0.66% | 0.70% | 0.88% | 0.60% | 0.60% | 0.58% |
May 2023 | 0.69% | 0.75% | 1.03% | 0.59% | 0.61% | 0.59% |
June 2023 | 0.70% | 0.77% | 1.02% | 0.59% | 0.62% | 0.59% |
July 2023 | 0.64% | 0.67% | 0.77% | 0.59% | 0.61% | 0.59% |
August 2023 | 0.67% | 0.76% | 0.98% | 0.60% | 0.60% | 0.58% |
September 2023 | 0.68% | 0.74% | 0.93% | 0.59% | 0.61% | 0.59% |
Fidelity Asset Manager 30% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 1.42% | 1.81% | 2.81% | 1.18% | 1.33% | 1.18% |
December 2022 | 1.77% | 1.89% | 2.22% | 1.65% | 1.65% | 1.63% |
February 2023 | 1.00% | 1.19% | 0.00% | 0.75% | 0.75% | 0.75% |
March 2023 | 0.90% | 1.05% | 1.80% | 0.74% | 0.84% | 0.74% |
April 2023 | 0.84% | 0.92% | 1.29% | 0.75% | 0.75% | 0.75% |
May 2023 | 0.85% | 1.04% | 1.50% | 0.75% | 0.75% | 0.72% |
June 2023 | 0.89% | 1.03% | 1.67% | 0.74% | 0.79% | 0.74% |
July 2023 | 0.80% | 0.84% | 0.96% | 0.75% | 0.77% | 0.75% |
August 2023 | 0.88% | 1.01% | 1.57% | 0.74% | 0.74% | 0.74% |
September 2023 | 0.89% | 1.03% | 1.48% | 0.74% | 0.74% | 0.74% |
Fidelity Asset Manager 40% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 2.13% | 2.28% | 2.89% | 1.92% | 1.96% | 1.90% |
April 2023 | 1.48% | 1.75% | 0.00% | 1.20% | 1.23% | 1.18% |
July 2023 | 1.35% | 1.50% | 1.95% | 1.20% | 1.23% | 1.18% |
Fidelity Asset Manager 50% | ||||||
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 2.35% | 2.55% | 3.20% | 2.14% | 2.17% | 2.08% |
April 2023 | 1.80% | 0.00% | 0.00% | 1.39% | 1.42% | 1.32% |
July 2023 | 1.58% | 1.79% | 0.00% | 1.38% | 1.41% | 1.34% |
Fidelity Asset Manager 60% | ||||||
December 2022 | 1.53% | 1.76% | 3.08% | 1.31% | 1.35% | 1.26% |
Fidelity Asset Manager 70% | ||||||
December 2022 | 1.74% | 2.06% | 0.00% | 1.50% | 1.52% | 1.45% |
Fidelity Asset Manager 85% | ||||||
December 2022 | 2.40% | 2.62% | 0.00% | 2.05% | 2.07% | 1.94% |
Pay Date | Income | Taxes | |
Fidelity Asset Manager 20% | |||
Class A | 02/07/22 | $0.0001 | $0.0000 |
Class M | 02/07/22 | $0.0000 | $0.0000 |
Class C | 02/07/22 | $0.0000 | $0.0000 |
Asset Manager 20% | 02/07/22 | $0.0003 | $0.0000 |
Class I | 02/07/22 | $0.0002 | $0.0000 |
Class Z | 02/07/22 | $0.0003 | $0.0000 |
Class A | 03/07/22 | $0.0002 | $0.0000 |
Class M | 03/07/22 | $0.0000 | $0.0000 |
Class C | 03/07/22 | $0.0000 | $0.0000 |
Asset Manager 20% | 03/07/22 | $0.0004 | $0.0000 |
Class I | 03/07/22 | $0.0003 | $0.0000 |
Class Z | 03/07/22 | $0.0004 | $0.0000 |
Class A | 04/04/22 | $0.0004 | $0.0001 |
Class M | 04/04/22 | $0.0003 | $0.0001 |
Class C | 04/04/22 | $0.0001 | $0.0001 |
Asset Manager 20% | 04/04/22 | $0.0006 | $0.0001 |
Class I | 04/04/22 | $0.0006 | $0.0001 |
Class Z | 04/04/22 | $0.0006 | $0.0001 |
Class A | 05/09/22 | $0.0005 | $0.0001 |
Class M | 05/09/22 | $0.0004 | $0.0001 |
Class C | 05/09/22 | $0.0000 | $0.0000 |
Asset Manager 20% | 05/09/22 | $0.0008 | $0.0001 |
Class I | 05/09/22 | $0.0007 | $0.0001 |
Class Z | 05/09/22 | $0.0008 | $0.0001 |
Class A | 06/06/22 | $0.0003 | $0.0001 |
Class M | 06/06/22 | $0.0002 | $0.0001 |
Class C | 06/06/22 | $0.0000 | $0.0000 |
Asset Manager 20% | 06/06/22 | $0.0005 | $0.0001 |
Class I | 06/06/22 | $0.0004 | $0.0001 |
Class Z | 06/06/22 | $0.0005 | $0.0001 |
Class A | 07/05/22 | $0.0012 | $0.0002 |
Class M | 07/05/22 | $0.0011 | $0.0002 |
Class C | 07/05/22 | $0.0008 | $0.0002 |
Asset Manager 20% | 07/05/22 | $0.0014 | $0.0002 |
Class I | 07/05/22 | $0.0014 | $0.0002 |
Class Z | 07/05/22 | $0.0014 | $0.0002 |
Class A | 08/08/22 | $0.0008 | $0.0001 |
Class M | 08/08/22 | $0.0007 | $0.0001 |
Class C | 08/08/22 | $0.0003 | $0.0001 |
Asset Manager 20% | 08/08/22 | $0.0010 | $0.0001 |
Class I | 08/08/22 | $0.0010 | $0.0001 |
Class Z | 08/08/22 | $0.0010 | $0.0001 |
Class A | 09/06/22 | $0.0008 | $0.0001 |
Class M | 09/06/22 | $0.0007 | $0.0001 |
Class C | 09/06/22 | $0.0004 | $0.0001 |
Asset Manager 20% | 09/06/22 | $0.0010 | $0.0001 |
Class I | 09/06/22 | $0.0010 | $0.0001 |
Class Z | 09/06/22 | $0.0010 | $0.0001 |
Class A | 10/10/22 | $0.0041 | $0.0005 |
Class M | 10/10/22 | $0.0039 | $0.0005 |
Class C | 10/10/22 | $0.0037 | $0.0005 |
Asset Manager 20% | 10/10/22 | $0.0043 | $0.0005 |
Class I | 10/10/22 | $0.0042 | $0.0005 |
Class Z | 10/10/22 | $0.0043 | $0.0005 |
Class A | 11/07/22 | $0.0011 | $0.0001 |
Class M | 11/07/22 | $0.0009 | $0.0001 |
Class C | 11/07/22 | $0.0007 | $0.0001 |
Asset Manager 20% | 11/07/22 | $0.0012 | $0.0001 |
Class I | 11/07/22 | $0.0012 | $0.0001 |
Class Z | 11/07/22 | $0.0012 | $0.0001 |
Class A | 12/30/22 | $0.0047 | $0.0006 |
Class M | 12/30/22 | $0.0044 | $0.0006 |
Class C | 12/30/22 | $0.0038 | $0.0006 |
Asset Manager 20% | 12/30/22 | $0.0050 | $0.0006 |
Class I | 12/30/22 | $0.0050 | $0.0006 |
Class Z | 12/30/22 | $0.0051 | $0.0006 |
Fidelity Asset Manager 30% | |||
Class A | 02/07/22 | $0.0001 | $0.0000 |
Class M | 02/07/22 | $0.0000 | $0.0000 |
Class C | 02/07/22 | $0.0000 | $0.0000 |
Asset Manager 30% | 02/07/22 | $0.0004 | $0.0000 |
Class I | 02/07/22 | $0.0003 | $0.0000 |
Class Z | 02/07/22 | $0.0004 | $0.0000 |
Class A | 03/07/22 | $0.0002 | $0.0001 |
Class M | 03/07/22 | $0.0000 | $0.0000 |
Class C | 03/07/22 | $0.0000 | $0.0000 |
Asset Manager 30% | 03/07/22 | $0.0005 | $0.0001 |
Class I | 03/07/22 | $0.0005 | $0.0001 |
Class Z | 03/07/22 | $0.0005 | $0.0001 |
Class A | 04/04/22 | $0.0006 | $0.0001 |
Class M | 04/04/22 | $0.0005 | $0.0001 |
Class C | 04/04/22 | $0.0000 | $0.0000 |
Asset Manager 30% | 04/04/22 | $0.0009 | $0.0001 |
Class I | 04/04/22 | $0.0008 | $0.0001 |
Class Z | 04/04/22 | $0.0009 | $0.0001 |
Class A | 05/09/22 | $0.0006 | $0.0001 |
Class M | 05/09/22 | $0.0004 | $0.0001 |
Class C | 05/09/22 | $0.0000 | $0.0000 |
Asset Manager 30% | 05/09/22 | $0.0009 | $0.0001 |
Class I | 05/09/22 | $0.0009 | $0.0001 |
Class Z | 05/09/22 | $0.0009 | $0.0001 |
Class A | 06/06/22 | $0.0005 | $0.0001 |
Class M | 06/06/22 | $0.0003 | $0.0001 |
Class C | 06/06/22 | $0.0000 | $0.0000 |
Asset Manager 30% | 06/06/22 | $0.0008 | $0.0001 |
Class I | 06/06/22 | $0.0007 | $0.0001 |
Class Z | 06/06/22 | $0.0008 | $0.0001 |
Class A | 07/05/22 | $0.0024 | $0.0003 |
Class M | 07/05/22 | $0.0022 | $0.0003 |
Class C | 07/05/22 | $0.0018 | $0.0003 |
Asset Manager 30% | 07/05/22 | $0.0027 | $0.0003 |
Class I | 07/05/22 | $0.0026 | $0.0003 |
Class Z | 07/05/22 | $0.0027 | $0.0003 |
Class A | 08/08/22 | $0.0008 | $0.0001 |
Class M | 08/08/22 | $0.0006 | $0.0001 |
Class C | 08/08/22 | $0.0002 | $0.0001 |
Asset Manager 30% | 08/08/22 | $0.0011 | $0.0001 |
Class I | 08/08/22 | $0.0011 | $0.0001 |
Class Z | 08/08/22 | $0.0012 | $0.0001 |
Class A | 09/06/22 | $0.0009 | $0.0001 |
Class M | 09/06/22 | $0.0006 | $0.0001 |
Class C | 09/06/22 | $0.0003 | $0.0001 |
Asset Manager 30% | 09/06/22 | $0.0011 | $0.0001 |
Class I | 09/06/22 | $0.0011 | $0.0001 |
Class Z | 09/06/22 | $0.0011 | $0.0001 |
Class A | 10/10/22 | $0.0066 | $0.0009 |
Class M | 10/10/22 | $0.0064 | $0.0009 |
Class C | 10/10/22 | $0.0059 | $0.0009 |
Asset Manager 30% | 10/10/22 | $0.0069 | $0.0009 |
Class I | 10/10/22 | $0.0068 | $0.0009 |
Class Z | 10/10/22 | $0.0070 | $0.0009 |
Class A | 11/07/22 | $0.0013 | $0.0002 |
Class M | 11/07/22 | $0.0010 | $0.0002 |
Class C | 11/07/22 | $0.0006 | $0.0002 |
Asset Manager 30% | 11/07/22 | $0.0015 | $0.0002 |
Class I | 11/07/22 | $0.0013 | $0.0002 |
Class Z | 11/07/22 | $0.0015 | $0.0002 |
Class A | 12/30/22 | $0.0070 | $0.0010 |
Class M | 12/30/22 | $0.0066 | $0.0010 |
Class C | 12/30/22 | $0.0056 | $0.0010 |
Asset Manager 30% | 12/30/22 | $0.0075 | $0.0010 |
Class I | 12/30/22 | $0.0075 | $0.0010 |
Class Z | 12/30/22 | $0.0076 | $0.0010 |
Fidelity Asset Manager 40% | |||
Class A | 04/04/22 | $0.0013 | $0.0003 |
Class M | 04/04/22 | $0.0004 | $0.0003 |
Class C | 04/04/22 | $0.0000 | $0.0000 |
Asset Manager 40% | 04/04/22 | $0.0024 | $0.0003 |
Class I | 04/04/22 | $0.0021 | $0.0003 |
Class Z | 04/04/22 | $0.0025 | $0.0003 |
Class A | 07/05/22 | $0.0053 | $0.0009 |
Class M | 07/05/22 | $0.0043 | $0.0009 |
Class C | 07/05/22 | $0.0021 | $0.0009 |
Asset Manager 40% | 07/05/22 | $0.0066 | $0.0009 |
Class I | 07/05/22 | $0.0063 | $0.0009 |
Class Z | 07/05/22 | $0.0067 | $0.0009 |
Class A | 10/10/22 | $0.0130 | $0.0019 |
Class M | 10/10/22 | $0.0122 | $0.0019 |
Class C | 10/10/22 | $0.0099 | $0.0019 |
Asset Manager 40% | 10/10/22 | $0.0143 | $0.0019 |
Class I | 10/10/22 | $0.0140 | $0.0019 |
Class Z | 10/10/22 | $0.0144 | $0.0019 |
Class A | 12/30/22 | $0.0113 | $0.0017 |
Class M | 12/30/22 | $0.0105 | $0.0017 |
Class C | 12/30/22 | $0.0083 | $0.0017 |
Asset Manager 40% | 12/30/22 | $0.0125 | $0.0017 |
Class I | 12/30/22 | $0.0123 | $0.0017 |
Class Z | 12/30/22 | $0.0126 | $0.0017 |
Fidelity Asset Manager 50% | |||
Class A | 04/04/22 | $0.0016 | $0.0005 |
Class M | 04/04/22 | $0.0000 | $0.0000 |
Class C | 04/04/22 | $0.0000 | $0.0000 |
Asset Manager 50% | 04/04/22 | $0.0039 | $0.0005 |
Class I | 04/04/22 | $0.0038 | $0.0005 |
Class Z | 04/04/22 | $0.0046 | $0.0005 |
Class A | 07/05/22 | $0.0109 | $0.0018 |
Class M | 07/05/22 | $0.0089 | $0.0018 |
Class C | 07/05/22 | $0.0042 | $0.0018 |
Asset Manager 50% | 07/05/22 | $0.0132 | $0.0018 |
Class I | 07/05/22 | $0.0131 | $0.0018 |
Class Z | 07/05/22 | $0.0139 | $0.0018 |
Class A | 10/10/22 | $0.0262 | $0.0038 |
Class M | 10/10/22 | $0.0241 | $0.0038 |
Class C | 10/10/22 | $0.0196 | $0.0038 |
Asset Manager 50% | 10/10/22 | $0.0287 | $0.0038 |
Class I | 10/10/22 | $0.0283 | $0.0038 |
Class Z | 10/10/22 | $0.0295 | $0.0038 |
Class A | 12/30/22 | $0.0234 | $0.0035 |
Class M | 12/30/22 | $0.0216 | $0.0035 |
Class C | 12/30/22 | $0.0172 | $0.0035 |
Asset Manager 50% | 12/30/22 | $0.0258 | $0.0035 |
Class I | 12/30/22 | $0.0254 | $0.0035 |
Class Z | 12/30/22 | $0.0264 | $0.0035 |
Fidelity Asset Manager 60% | |||
Class A | 12/30/22 | $0.0524 | $0.0081 |
Class M | 12/30/22 | $0.0455 | $0.0081 |
Class C | 12/30/22 | $0.0260 | $0.0081 |
Asset Manager 60% | 12/30/22 | $0.0614 | $0.0081 |
Class I | 12/30/22 | $0.0597 | $0.0081 |
Class Z | 12/30/22 | $0.0636 | $0.0081 |
Fidelity Asset Manager 70% | |||
Class A | 12/30/22 | $0.1114 | $0.0173 |
Class M | 12/30/22 | $0.0942 | $0.0173 |
Class C | 12/30/22 | $0.0609 | $0.0173 |
Asset Manager 70% | 12/30/22 | $0.1292 | $0.0173 |
Class I | 12/30/22 | $0.1279 | $0.0173 |
Class Z | 12/30/22 | $0.1344 | $0.0173 |
Fidelity Asset Manager 85% | |||
Class A | 12/30/22 | $0.1239 | $0.0193 |
Class M | 12/30/22 | $0.1007 | $0.0193 |
Class C | 12/30/22 | $0.0605 | $0.0193 |
Asset Manager 85% | 12/30/22 | $0.1452 | $0.0193 |
Class I | 12/30/22 | $0.1438 | $0.0193 |
Class Z | 12/30/22 | $0.1532 | $0.0193 |
Contents
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Fidelity® Health Savings Fund | 5.36% | 0.43% |
Class K | 5.36% | 0.50% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity® Health Savings Fund, a class of the fund, on March 2, 2020, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg U.S. Aggregate Bond Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity International Bond Index Fund | 18.3 | |
Fidelity Long-Term Treasury Bond Index Fund | 9.9 | |
Microsoft Corp. | 1.1 | |
Apple, Inc. | 0.9 | |
iShares MSCI USA Minimum Volatility ETF | 0.8 | |
Alphabet, Inc. Class A | 0.7 | |
Amazon.com, Inc. | 0.6 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | 0.4 | |
Exxon Mobil Corp. | 0.3 | |
AstraZeneca PLC (United Kingdom) | 0.3 | |
33.3 | ||
Market Sectors (% of Fund's net assets) | ||
Financials | 9.7 | |
Information Technology | 6.4 | |
Industrials | 4.9 | |
Consumer Discretionary | 3.8 | |
Health Care | 3.4 | |
Energy | 3.4 | |
Communication Services | 3.1 | |
Consumer Staples | 1.9 | |
Materials | 1.6 | |
Real Estate | 0.9 | |
Utilities | 0.8 | |
Quality Diversification (% of Fund's net assets) |
Equities percentage includes investment in Fidelity Commodity Strategy Central Fund - 0.3% |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Written options - (0.1)% |
Futures and Swaps - 0.8% |
Geographic Diversification (% of Fund's net assets) |
* Includes Short-Term investments and Net Other Assets (Liabilities). Percentages are adjusted for the effect of derivatives, if applicable. |
Equity Central Funds - 31.1% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Central Fund (a) | 1,468 | 138,602 | |
Fidelity Emerging Markets Equity Central Fund (a) | 13,699 | 2,572,834 | |
Fidelity Hedged Equity Central Fund (a) | 3,852 | 399,573 | |
Fidelity International Equity Central Fund (a) | 62,683 | 5,542,430 | |
Fidelity Real Estate Equity Central Fund (a) | 1,150 | 128,807 | |
Fidelity U.S. Equity Central Fund (a) | 68,207 | 7,931,771 | |
TOTAL EQUITY CENTRAL FUNDS (Cost $16,818,140) | 16,714,017 | ||
Fixed-Income Central Funds - 37.7% | |||
Shares | Value ($) | ||
High Yield Fixed-Income Funds - 10.4% | |||
Fidelity Emerging Markets Debt Central Fund (a) | 663,642 | 4,871,134 | |
Fidelity Emerging Markets Debt Local Currency Central Fund (a) | 3,053 | 270,192 | |
Fidelity Floating Rate Central Fund (a) | 2,868 | 281,092 | |
Fidelity High Income Central Fund (a) | 1,372 | 138,719 | |
TOTAL HIGH YIELD FIXED-INCOME FUNDS | 5,561,137 | ||
Investment Grade Fixed-Income Funds - 27.3% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) | 73,240 | 6,445,140 | |
Fidelity Investment Grade Bond Central Fund (a) | 87,905 | 8,228,829 | |
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS | 14,673,969 | ||
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $22,389,088) | 20,235,106 | ||
Money Market Central Funds - 2.2% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) (Cost $1,202,805) | 1,202,564 | 1,202,805 | |
U.S. Treasury Obligations - 0.0% | |||
Principal Amount (c) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.35% 10/26/23 (d) (Cost $19,927) | 20,000 | 19,930 | |
Investment Companies - 0.8% | |||
Shares | Value ($) | ||
iShares MSCI USA Minimum Volatility ETF (Cost $409,643) | 5,542 | 401,130 | |
Fixed-Income Funds - 28.2% | |||
Shares | Value ($) | ||
Fidelity International Bond Index Fund (e) | 1,107,643 | 9,835,871 | |
Fidelity Long-Term Treasury Bond Index Fund (e) | 580,629 | 5,289,526 | |
TOTAL FIXED-INCOME FUNDS (Cost $17,205,769) | 15,125,397 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $58,045,372) | 53,698,385 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (1,885) |
NET ASSETS - 100.0% | 53,696,500 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Treasury Contracts | |||||
CBOT 5-Year U.S. Treasury Note Contracts (United States) | 3 | Dec 2023 | 316,078 | (2,020) | (2,020) |
The notional amount of futures purchased as a percentage of Net Assets is 0.6% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
(c) | Amount is stated in United States dollars unless otherwise noted. |
(d) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $19,930. |
(e) | Affiliated Fund |
Affiliate | Value, beginning of period ($) | 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 5.39% | 11,079 | 3,815,576 | 2,623,850 | 15,507 | - | - | 1,202,805 | 0.0% |
Fidelity Commodity Strategy Central Fund | 908,745 | 336,720 | 1,047,024 | 16,309 | (249,200) | 189,361 | 138,602 | 0.1% |
Fidelity Emerging Markets Debt Central Fund | 3,768,817 | 1,484,661 | 460,508 | 271,686 | (47,742) | 125,906 | 4,871,134 | 0.2% |
Fidelity Emerging Markets Debt Local Currency Central Fund | 93,400 | 527,309 | 372,000 | 309 | (1,818) | 23,301 | 270,192 | 0.1% |
Fidelity Emerging Markets Equity Central Fund | 1,110,376 | 1,852,341 | 458,992 | 61,056 | (82,723) | 151,832 | 2,572,834 | 0.1% |
Fidelity Floating Rate Central Fund | 1,232,257 | 579,011 | 1,557,292 | 76,990 | (50,224) | 77,340 | 281,092 | 0.0% |
Fidelity Hedged Equity Central Fund | - | 429,958 | 31,000 | 72 | 472 | 143 | 399,573 | 0.1% |
Fidelity High Income Central Fund | 463,947 | 282,842 | 626,835 | 27,838 | (25,994) | 44,759 | 138,719 | 0.0% |
Fidelity Inflation-Protected Bond Index Central Fund | 5,315,270 | 3,722,837 | 2,073,291 | 641,523 | (438,516) | (81,160) | 6,445,140 | 1.5% |
Fidelity International Equity Central Fund | 1,556,314 | 4,551,570 | 888,589 | 95,408 | 14,565 | 308,570 | 5,542,430 | 0.1% |
Fidelity Investment Grade Bond Central Fund | 5,612,806 | 6,448,343 | 3,544,863 | 303,794 | (436,452) | 148,995 | 8,228,829 | 0.0% |
Fidelity Real Estate Equity Central Fund | 273,025 | 197,958 | 353,745 | 7,040 | (6,260) | 17,829 | 128,807 | 0.0% |
Fidelity Securities Lending Cash Central Fund 5.39% | - | 1,496,971 | 1,496,971 | 30 | - | - | - | 0.0% |
Fidelity U.S. Equity Central Fund | 6,922,099 | 3,474,774 | 3,624,746 | 191,205 | (247,590) | 1,407,234 | 7,931,771 | 0.1% |
Total | 27,268,135 | 29,200,871 | 19,159,706 | 1,708,767 | (1,571,482) | 2,414,110 | 38,151,928 | |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity International Bond Index Fund | 8,047,697 | 4,966,926 | 3,210,849 | 166,101 | (255,357) | 287,454 | 9,835,871 |
Fidelity Long-Term Treasury Bond Index Fund | 4,381,151 | 4,386,951 | 2,850,003 | 151,329 | (738,897) | 110,324 | 5,289,526 |
12,428,848 | 9,353,877 | 6,060,852 | 317,430 | (994,254) | 397,778 | 15,125,397 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 16,714,017 | 16,714,017 | - | - |
Fixed-Income Central Funds | 20,235,106 | 20,235,106 | - | - |
Money Market Central Funds | 1,202,805 | 1,202,805 | - | - |
Other Short-Term Investments | 19,930 | - | 19,930 | - |
Investment Companies | 401,130 | 401,130 | - | - |
Fixed-Income Funds | 15,125,397 | 15,125,397 | - | - |
Total Investments in Securities: | 53,698,385 | 53,678,455 | 19,930 | - |
Derivative Instruments: Liabilities | ||||
Futures Contracts | (2,020) | (2,020) | - | - |
Total Liabilities | (2,020) | (2,020) | - | - |
Total Derivative Instruments: | (2,020) | (2,020) | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Interest Rate Risk | ||
Futures Contracts (a) | 0 | (2,020) |
Total Interest Rate Risk | 0 | (2,020) |
Total Value of Derivatives | 0 | (2,020) |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $429,570) | $ | 421,060 | ||
Fidelity Central Funds (cost $40,410,033) | 38,151,928 | |||
Other affiliated issuers (cost $17,205,769) | 15,125,397 | |||
Total Investment in Securities (cost $58,045,372) | $ | 53,698,385 | ||
Cash | 1,102 | |||
Receivable for investments sold | 45,956 | |||
Receivable for fund shares sold | 36,854 | |||
Dividends receivable | 1,104 | |||
Distributions receivable from Fidelity Central Funds | 425 | |||
Receivable for daily variation margin on futures contracts | 469 | |||
Total assets | 53,784,295 | |||
Liabilities | ||||
Payable for fund shares redeemed | $ | 66,820 | ||
Accrued management fee | 17,693 | |||
Other payables and accrued expenses | 3,282 | |||
Total Liabilities | 87,795 | |||
Net Assets | $ | 53,696,500 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 60,967,639 | ||
Total accumulated earnings (loss) | (7,271,139) | |||
Net Assets | $ | 53,696,500 | ||
Net Asset Value and Maximum Offering Price | ||||
Fidelity Health Savings Fund : | ||||
Net Asset Value, offering price and redemption price per share ($20,513,085 ÷ 2,218,815 shares) | $ | 9.25 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($33,183,415 ÷ 3,589,771 shares) | $ | 9.24 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Unaffiliated issuers | $ | 9,053 | ||
Affiliated issuers | 61,387 | |||
Interest | 837 | |||
Income from Fidelity Central Funds (including $30 from security lending) | 1,708,767 | |||
Total Income | 1,780,044 | |||
Expenses | ||||
Management fee | $ | 195,365 | ||
Independent trustees' fees and expenses | 176 | |||
Miscellaneous | 3,283 | |||
Total expenses before reductions | 198,824 | |||
Expense reductions | (469) | |||
Total expenses after reductions | 198,355 | |||
Net Investment income (loss) | 1,581,689 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (62,037) | |||
Fidelity Central Funds | (1,571,482) | |||
Other affiliated issuers | (994,254) | |||
Futures contracts | (15,931) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 256,043 | |||
Total net realized gain (loss) | (2,387,661) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 76,491 | |||
Fidelity Central Funds | 2,414,110 | |||
Other affiliated issuers | 397,778 | |||
Futures contracts | (370) | |||
Total change in net unrealized appreciation (depreciation) | 2,888,009 | |||
Net gain (loss) | 500,348 | |||
Net increase (decrease) in net assets resulting from operations | $ | 2,082,037 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 1,581,689 | $ | 1,099,098 |
Net realized gain (loss) | (2,387,661) | (210,536) | ||
Change in net unrealized appreciation (depreciation) | 2,888,009 | (8,250,369) | ||
Net increase (decrease) in net assets resulting from operations | 2,082,037 | (7,361,807) | ||
Distributions to shareholders | (1,929,841) | (1,166,276) | ||
Share transactions - net increase (decrease) | 12,860,633 | 15,716,403 | ||
Total increase (decrease) in net assets | 13,012,829 | 7,188,320 | ||
Net Assets | ||||
Beginning of period | 40,683,671 | 33,495,351 | ||
End of period | $ | 53,696,500 | $ | 40,683,671 |
Fidelity® Health Savings Fund |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 9.15 | $ | 11.21 | $ | 10.48 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .29 | .28 | .16 | .08 | ||||
Net realized and unrealized gain (loss) | .20 | (2.02) | .76 | .46 | ||||
Total from investment operations | .49 | (1.74) | .92 | .54 | ||||
Distributions from net investment income | (.34) | (.25) | (.11) | (.06) | ||||
Distributions from net realized gain | (.05) | (.07) | (.08) | - | ||||
Total distributions | (.39) | (.32) | (.19) | (.06) | ||||
Net asset value, end of period | $ | 9.25 | $ | 9.15 | $ | 11.21 | $ | 10.48 |
Total Return D,E | 5.36% | (15.98)% | 8.81% | 5.41% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .46% | .45% | .45% | .45% H | ||||
Expenses net of fee waivers, if any | .46% | .45% | .45% | .45% H | ||||
Expenses net of all reductions | .46% | .45% | .45% | .45% H | ||||
Net investment income (loss) | 3.11% | 2.66% | 1.48% | 1.36% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 20,513 | $ | 18,399 | $ | 16,668 | $ | 4,324 |
Portfolio turnover rate I | 46% | 29% | 31% | 43% H |
Fidelity® Health Savings Fund Class K |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 9.15 | $ | 11.21 | $ | 10.48 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .30 | .29 | .18 | .09 | ||||
Net realized and unrealized gain (loss) | .19 | (2.02) | .75 | .45 | ||||
Total from investment operations | .49 | (1.73) | .93 | .54 | ||||
Distributions from net investment income | (.35) | (.27) | (.12) | (.06) | ||||
Distributions from net realized gain | (.05) | (.07) | (.08) | - | ||||
Total distributions | (.40) | (.33) D | (.20) | (.06) | ||||
Net asset value, end of period | $ | 9.24 | $ | 9.15 | $ | 11.21 | $ | 10.48 |
Total Return E,F | 5.36% | (15.88)% | 8.92% | 5.45% | ||||
Ratios to Average Net Assets C,G,H | ||||||||
Expenses before reductions | .36% | .35% | .35% | .35% I | ||||
Expenses net of fee waivers, if any | .36% | .35% | .35% | .35% I | ||||
Expenses net of all reductions | .36% | .35% | .35% | .35% I | ||||
Net investment income (loss) | 3.21% | 2.76% | 1.58% | 1.46% I | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 33,183 | $ | 22,284 | $ | 16,827 | $ | 3,308 |
Portfolio turnover rate J | 46% | 29% | 31% | 43% I |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Commodity Strategy Central Fund | Geode Capital Management, LLC (Geode) | Seeks to provide investment returns that correspond to the performance of the commodities market. | Investment in commodity-related investments through a wholly-owned subsidiary organized under the laws of the Cayman Islands Futures | Less than .005% |
Fidelity Emerging Markets Debt Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks high total return by normally investing in debt securities of issuers in emerging markets and other debt investments that are tied economically to emerging markets. | Foreign Securities Restricted Securities | Less than .005% |
Fidelity Emerging Markets Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in equity securities of issuers in emerging markets. | Foreign Securities Futures Loans & Direct Debt Instruments | 0.02% |
Fidelity International Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in non-U.S. based common stocks, including securities of issuers located in emerging markets. | Delayed Delivery & When Issued Securities Foreign Securities Futures Loans & Direct Debt Instruments | 0.01% |
Fidelity Floating Rate Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income by normally investing in floating rate loans and other floating rate securities. | Loans & Direct Debt Instruments Restricted Securities | Less than .005% |
Fidelity High Income Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income and may also seek capital appreciation by investing primarily in debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. | Delayed Delivery & When Issued Securities Loans & Direct Debt Instruments Restricted Securities | 0.03% |
Fidelity Inflation-Protected Bond Index Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks to provide investment results that correspond to the performance of the inflation-protected United States Treasury market, and may invest in derivatives. | Less than .005% | |
Fidelity Investment Grade Bond Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks a high level of income by normally investing in investment-grade debt securities. | Delayed Delivery & When Issued Securities Futures Options Restricted Securities Swaps | Less than .005% |
Fidelity Real Estate Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks above-average income and long-term capital growth by investing primarily in equity securities of issuers in the real estate industry. | Loans & Direct Debt Instruments | Less than .005% |
Fidelity U.S. Equity Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks capital appreciation by investing primarily in common stocks, allocated across different market sectors. | Foreign Securities Futures Loans & Direct Debt Instruments Restricted Securities | Less than .005% |
Fidelity Emerging Markets Debt Local Currency Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks high total return by normally investing in debt securities of issuers in emerging markets and other debt investments that are tied economically to emerging markets and denominated in the local currency of the issuer. | Foreign Securities Futures Restricted Securities | 0.01% |
Fidelity Hedged Equity Central Fund | Fidelity Diversifying Solutions LLC (FDS) | Seeks capital appreciation by investing primarily in common stocks of companies with market capitalizations generally similar to companies in the S&P 500® Index. | Options | 0.01% |
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 | $440,419 |
Gross unrealized depreciation | (5,712,912) |
Net unrealized appreciation (depreciation) | $(5,272,493) |
Tax Cost | $58,970,878 |
Undistributed ordinary income | $174,594 |
Capital loss carryforward | $(2,173,241) |
Net unrealized appreciation (depreciation) on securities and other investments | $(5,272,493) |
Short-term | $(420,457) |
Long-term | (1,752,784) |
Total capital loss carryforward | $(2,173,241) |
September 30, 2023 | September 30, 2022 | |
Ordinary Income | $1,701,090 | $1,092,363 |
Long-term Capital Gains | 228,751 | 73,913 |
Total | $1,929,841 | $ 1,166,276 |
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. |
Purchases ($) | Sales ($) | |
Fidelity Health Savings Fund | 34,478,129 | 22,923,084 |
Annual % of Class-Level Average Net Assets | |
Fidelity Health Savings Fund | .45% |
Class K | .35% |
Amount | |
Fidelity Health Savings Fund | $9 |
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 Health Savings Fund | $3 | $ - | $- |
Year ended September 30, 2023 | Year ended September 30, 2022 | |
Fidelity Health Savings Fund | ||
Distributions to shareholders | ||
Fidelity Health Savings Fund | $816,880 | $553,514 |
Class K | 1,112,961 | 612,762 |
Total | $ 1,929,841 | $ 1,166,276 |
Shares | Shares | Dollars | Dollars | |
Year ended September 30, 2023 | Year ended September 30, 2022 | Year ended September 30, 2023 | Year ended September 30, 2022 | |
Fidelity Health Savings Fund | ||||
Fidelity Health Savings Fund | ||||
Shares sold | 540,289 | 741,885 | $5,127,504 | $7,995,080 |
Reinvestment of distributions | 84,506 | 50,079 | 786,375 | 545,571 |
Shares redeemed | (416,682) | (268,130) | (3,956,063) | (2,817,885) |
Net increase (decrease) | 208,113 | 523,834 | $1,957,816 | $5,722,766 |
Class K | ||||
Shares sold | 1,435,056 | 1,121,709 | $13,586,075 | $11,928,637 |
Reinvestment of distributions | 118,108 | 56,311 | 1,100,944 | 610,743 |
Shares redeemed | (398,766) | (243,420) | (3,784,202) | (2,545,743) |
Net increase (decrease) | 1,154,398 | 934,600 | $10,902,817 | $9,993,637 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2023 to September 30, 2023). |
Annualized Expense Ratio- A | Beginning Account Value April 1, 2023 | Ending Account Value September 30, 2023 | Expenses Paid During Period- C April 1, 2023 to September 30, 2023 | |||||||
Fidelity® Health Savings Fund | ||||||||||
Fidelity® Health Savings Fund | .46% | |||||||||
Actual | $ 1,000 | $ 976.90 | $ 2.28 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.76 | $ 2.33 | |||||||
Class K | .36% | |||||||||
Actual | $ 1,000 | $ 976.30 | $ 1.78 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.26 | $ 1.83 | |||||||
Fidelity Health Savings Fund | Class K | |
November, 2022 | 4% | 4% |
December, 2022 | 4% | 4% |
February, 2023 | 9% | 7% |
March, 2023 | 9% | 7% |
April, 2023 | 8% | 8% |
May, 2023 | 8% | 8% |
June, 2023 | 8% | 8% |
July, 2023 | 8% | 8% |
August, 2023 | 8% | 8% |
September, 2023 | 8% | 8% |
Fidelity Health Savings Fund | Class K | |
November, 2022 | 6.95% | 6.46% |
December, 2022 | 7.49% | 7.39% |
February, 2023 | 28.65% | 24.56% |
March, 2023 | 28.36% | 24.81% |
April, 2023 | 27.22% | 25.52% |
May, 2023 | 26.84% | 25.76% |
June, 2023 | 26.19% | 26.19% |
July, 2023 | 26.75% | 25.83% |
August, 2023 | 27.19% | 25.59% |
September, 2023 | 26.19% | 26.19% |
Fidelity Health Savings Fund | Class K | |
November, 2022 | 0.74% | 0.69% |
December, 2022 | 0.80% | 0.79% |
February, 2023 | 0.78% | 0.67% |
March, 2023 | 0.77% | 0.68% |
April, 2023 | 0.74% | 0.70% |
May, 2023 | 0.73% | 0.70% |
June, 2023 | 0.71% | 0.71% |
July, 2023 | 0.73% | 0.71% |
August, 2023 | 0.74% | 0.70% |
September, 2023 | 0.71% | 0.71% |
Pay Date | Income | Taxes | |
Fidelity Health Savings Fund | 10/10/2022 | $0.0017 | $0.0005 |
Class K | 10/10/2022 | $0.0017 | $0.0005 |
Fidelity Health Savings Fund | 11/07/2022 | $0.0003 | $0.0001 |
Class K | 11/07/2022 | $0.0004 | $0.0001 |
Fidelity Health Savings Fund | 12/30/2022 | $0.0038 | $0.0012 |
Class K | 12/30/2022 | $0.0038 | $0.0012 |
Contents
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Class A (incl. 5.75% sales charge) | 7.03% | -10.52% |
Class M (incl. 3.50% sales charge) | 9.49% | -9.41% |
Class C (incl. contingent deferred sales charge) | 11.80% | -7.89% |
Fidelity® Sustainable Multi-Asset Fund | 13.91% | -6.97% |
Class I | 13.91% | -6.97% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity® Sustainable Multi-Asset Fund, a class of the fund, on February 10, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity U.S. Sustainability Index Fund | 25.9 | |
Fidelity Sustainable International Equity Fund | 17.9 | |
Fidelity Sustainable Core Plus Bond Fund | 12.3 | |
Fidelity Sustainable U.S. Equity ETF | 10.9 | |
Fidelity International Sustainability Index Fund | 7.0 | |
Fidelity Sustainable Emerging Markets Equity Fund | 6.8 | |
Fidelity Inflation-Protected Bond Index Fund | 6.1 | |
Fidelity Long-Term Treasury Bond Index Fund | 5.0 | |
Fidelity Sustainability Bond Index Fund | 4.1 | |
Fidelity Sustainable Low Duration Bond Fund | 4.0 | |
100.0 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 36.8% | |||
Shares | Value ($) | ||
Fidelity Sustainable U.S. Equity ETF (a) | 72,676 | 1,461,100 | |
Fidelity U.S. Sustainability Index Fund (a) | 181,902 | 3,485,249 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $4,587,541) | 4,946,349 | ||
International Equity Funds - 31.7% | |||
Shares | Value ($) | ||
Fidelity International Sustainability Index Fund (a) | 85,736 | 935,377 | |
Fidelity Sustainable Emerging Markets Equity Fund (a) | 120,290 | 920,216 | |
Fidelity Sustainable International Equity Fund (a) | 298,346 | 2,404,669 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $4,320,985) | 4,260,262 | ||
Bond Funds - 31.5% | |||
Shares | Value ($) | ||
Fidelity Inflation-Protected Bond Index Fund (a) | 91,631 | 820,095 | |
Fidelity Long-Term Treasury Bond Index Fund (a) | 73,938 | 673,572 | |
Fidelity Sustainability Bond Index Fund (a) | 62,705 | 554,310 | |
Fidelity Sustainable Core Plus Bond Fund (a) | 186,829 | 1,653,438 | |
Fidelity Sustainable Low Duration Bond Fund (a) | 53,090 | 538,331 | |
TOTAL BOND FUNDS (Cost $4,506,332) | 4,239,746 | ||
Short-Term Funds - 0.0% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (b) (Cost $348) | 348 | 348 | |
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $13,415,206) | 13,446,705 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | 2,205 |
NET ASSETS - 100.0% | 13,448,910 |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated Fund |
(b) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 464 | 288,676 | 288,792 | 121 | - | - | 348 | 0.0% |
Total | 464 | 288,676 | 288,792 | 121 | - | - | 348 | |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Inflation-Protected Bond Index Fund | 442,310 | 905,510 | 475,153 | 54,755 | (27,060) | (25,512) | 820,095 |
Fidelity International Sustainability Index Fund | 330,703 | 747,070 | 199,166 | 11,780 | (7,788) | 64,558 | 935,377 |
Fidelity Long-Term Treasury Bond Index Fund | 247,345 | 762,563 | 251,353 | 14,685 | (20,662) | (64,321) | 673,572 |
Fidelity Sustainability Bond Index Fund | 165,311 | 542,841 | 134,519 | 10,890 | (1,648) | (17,675) | 554,310 |
Fidelity Sustainable Core Plus Bond Fund | 497,093 | 1,627,468 | 407,730 | 44,821 | (7,476) | (55,917) | 1,653,438 |
Fidelity Sustainable Emerging Markets Equity Fund | 319,811 | 891,403 | 322,324 | 3,459 | (1,341) | 32,667 | 920,216 |
Fidelity Sustainable International Equity Fund | 876,458 | 1,921,866 | 502,259 | 7,257 | (22,323) | 130,927 | 2,404,669 |
Fidelity Sustainable Low Duration Bond Fund | 70,084 | 668,660 | 206,442 | 7,552 | 241 | 5,788 | 538,331 |
Fidelity Sustainable U.S. Equity ETF | 569,900 | 790,318 | 48,882 | 10,862 | (389) | 150,153 | 1,461,100 |
Fidelity U.S. Sustainability Index Fund | 1,349,419 | 3,624,748 | 1,929,313 | 27,537 | (43,768) | 484,163 | 3,485,249 |
4,868,434 | 12,482,447 | 4,477,141 | 193,598 | (132,214) | 704,831 | 13,446,357 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 4,946,349 | 4,946,349 | - | - |
International Equity Funds | 4,260,262 | 4,260,262 | - | - |
Bond Funds | 4,239,746 | 4,239,746 | - | - |
Short-Term Funds | 348 | 348 | - | - |
Total Investments in Securities: | 13,446,705 | 13,446,705 | - | - |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Fidelity Central Funds (cost $348) | $ | 348 | ||
Other affiliated issuers (cost $13,414,858) | 13,446,357 | |||
Total Investment in Securities (cost $13,415,206) | $ | 13,446,705 | ||
Cash | 2,689 | |||
Receivable for investments sold | 977 | |||
Receivable for fund shares sold | 72,375 | |||
Distributions receivable from Fidelity Central Funds | 2 | |||
Receivable from investment adviser for expense reductions | 575 | |||
Total assets | 13,523,323 | |||
Liabilities | ||||
Payable for investments purchased | $ | 72,724 | ||
Accrued management fee | 1,133 | |||
Distribution and service plan fees payable | 416 | |||
Other payables and accrued expenses | 140 | |||
Total Liabilities | 74,413 | |||
Net Assets | $ | 13,448,910 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 13,605,864 | ||
Total accumulated earnings (loss) | (156,954) | |||
Net Assets | $ | 13,448,910 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($284,969 ÷ 32,707 shares)(a) | $ | 8.71 | ||
Maximum offering price per share (100/94.25 of $8.71) | $ | 9.24 | ||
Class M : | ||||
Net Asset Value and redemption price per share ($205,772 ÷ 23,660 shares)(a) | $ | 8.70 | ||
Maximum offering price per share (100/96.50 of $8.70) | $ | 9.02 | ||
Class C : | ||||
Net Asset Value and offering price per share ($311,990 ÷ 36,033 shares)(a) | $ | 8.66 | ||
Fidelity Sustainable Multi-Asset Fund : | ||||
Net Asset Value, offering price and redemption price per share ($11,866,246 ÷ 1,359,279 shares) | $ | 8.73 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($779,933 ÷ 89,342 shares) | $ | 8.73 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 193,598 | ||
Income from Fidelity Central Funds | 121 | |||
Total Income | 193,719 | |||
Expenses | ||||
Management fee | $ | 9,902 | ||
Distribution and service plan fees | 4,386 | |||
Independent trustees' fees and expenses | 32 | |||
Miscellaneous | 141 | |||
Total expenses before reductions | 14,461 | |||
Expense reductions | (5,197) | |||
Total expenses after reductions | 9,264 | |||
Net Investment income (loss) | 184,455 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (132,214) | |||
Total net realized gain (loss) | (132,214) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 704,831 | |||
Total change in net unrealized appreciation (depreciation) | 704,831 | |||
Net gain (loss) | 572,617 | |||
Net increase (decrease) in net assets resulting from operations | $ | 757,072 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | For the period February 10, 2022 (commencement of operations) through September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 184,455 | $ | 7,371 |
Net realized gain (loss) | (132,214) | (120,181) | ||
Change in net unrealized appreciation (depreciation) | 704,831 | (673,332) | ||
Net increase (decrease) in net assets resulting from operations | 757,072 | (786,142) | ||
Distributions to shareholders | (127,886) | - | ||
Share transactions - net increase (decrease) | 7,949,542 | 5,656,324 | ||
Total increase (decrease) in net assets | 8,578,728 | 4,870,182 | ||
Net Assets | ||||
Beginning of period | 4,870,182 | - | ||
End of period | $ | 13,448,910 | $ | 4,870,182 |
Fidelity Advisor® Sustainable Multi-Asset Fund Class A |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.79 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .14 | .02 | ||
Net realized and unrealized gain (loss) | .91 | (2.23) | ||
Total from investment operations | 1.05 | (2.21) | ||
Distributions from net investment income | (.13) | - | ||
Total distributions | (.13) | - | ||
Net asset value, end of period | $ | 8.71 | $ | 7.79 |
Total Return D,E,F | 13.56% | (22.10)% | ||
Ratios to Average Net Assets C,G,H | ||||
Expenses before reductions | .35% | .35% I | ||
Expenses net of fee waivers, if any | .30% | .30% I | ||
Expenses net of all reductions | .30% | .30% I | ||
Net investment income (loss) | 1.66% | .30% I | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 285 | $ | 163 |
Portfolio turnover rate J | 45% | 111% I |
Fidelity Advisor® Sustainable Multi-Asset Fund Class M |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.77 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .12 | - D | ||
Net realized and unrealized gain (loss) | .92 | (2.23) | ||
Total from investment operations | 1.04 | (2.23) | ||
Distributions from net investment income | (.11) | - | ||
Total distributions | (.11) | - | ||
Net asset value, end of period | $ | 8.70 | $ | 7.77 |
Total Return E,F,G | 13.46% | (22.30)% | ||
Ratios to Average Net Assets C,H,I | ||||
Expenses before reductions | .60% | .60% J | ||
Expenses net of fee waivers, if any | .55% | .55% J | ||
Expenses net of all reductions | .55% | .55% J | ||
Net investment income (loss) | 1.41% | .05% J | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 206 | $ | 169 |
Portfolio turnover rate K | 45% | 111% J |
Fidelity Advisor® Sustainable Multi-Asset Fund Class C |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.75 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .08 | (.03) | ||
Net realized and unrealized gain (loss) | .91 | (2.22) | ||
Total from investment operations | .99 | (2.25) | ||
Distributions from net investment income | (.08) | - | ||
Total distributions | (.08) | - | ||
Net asset value, end of period | $ | 8.66 | $ | 7.75 |
Total Return D,E,F | 12.80% | (22.50)% | ||
Ratios to Average Net Assets C,G,H | ||||
Expenses before reductions | 1.10% | 1.10% I | ||
Expenses net of fee waivers, if any | 1.05% | 1.05% I | ||
Expenses net of all reductions | 1.05% | 1.05% I | ||
Net investment income (loss) | .91% | (.45)% I | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 312 | $ | 229 |
Portfolio turnover rate J | 45% | 111% I |
Fidelity® Sustainable Multi-Asset Fund |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.80 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .17 | .03 | ||
Net realized and unrealized gain (loss) | .91 | (2.23) | ||
Total from investment operations | 1.08 | (2.20) | ||
Distributions from net investment income | (.15) | - | ||
Total distributions | (.15) | - | ||
Net asset value, end of period | $ | 8.73 | $ | 7.80 |
Total Return D,E | 13.91% | (22.00)% | ||
Ratios to Average Net Assets B,F,G | ||||
Expenses before reductions | .10% | .10% H | ||
Expenses net of fee waivers, if any | .05% | .05% H | ||
Expenses net of all reductions | .05% | .05% H | ||
Net investment income (loss) | 1.91% | .55% H | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 11,866 | $ | 4,010 |
Portfolio turnover rate I | 45% | 111% H |
Fidelity Advisor® Sustainable Multi-Asset Fund Class I |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.80 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .17 | .03 | ||
Net realized and unrealized gain (loss) | .91 | (2.23) | ||
Total from investment operations | 1.08 | (2.20) | ||
Distributions from net investment income | (.15) | - | ||
Total distributions | (.15) | - | ||
Net asset value, end of period | $ | 8.73 | $ | 7.80 |
Total Return D,E | 13.91% | (22.00)% | ||
Ratios to Average Net Assets C,F,G | ||||
Expenses before reductions | .10% | .10% H | ||
Expenses net of fee waivers, if any | .05% | .05% H | ||
Expenses net of all reductions | .05% | .05% H | ||
Net investment income (loss) | 1.91% | .55% H | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 780 | $ | 300 |
Portfolio turnover rate I | 45% | 111% H |
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 | $422,716 |
Gross unrealized depreciation | (589,221) |
Net unrealized appreciation (depreciation) | $(166,505) |
Tax Cost | $13,613,210 |
Undistributed ordinary income | $63,942 |
Capital loss carryforward | $(54,390) |
Net unrealized appreciation (depreciation) on securities and other investments | $(166,505) |
Short-term | $(44,302) |
Long-term | (10,088) |
Total capital loss carryforward | $(54,390) |
September 30, 2023 | |
Ordinary Income | $127,886 |
Purchases ($) | Sales ($) | |
Fidelity Sustainable Multi-Asset Fund | 12,482,447 | 4,477,141 |
Annual % of Class-Level Average Net Assets | |
Class A | .10% |
Class M | .10% |
Class C | .10% |
Fidelity Sustainable Multi-Asset Fund | .10% |
Class I | .10% |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |
Class A | - % | .25% | $560 | $441 |
Class M | .25% | .25% | 986 | 878 |
Class C | .75% | .25% | 2,840 | 2,307 |
$4,386 | $ 3,626 |
Retained by FDC | |
Class A | $28 |
Class M | 4 |
$32 |
Amount | |
Fidelity Sustainable Multi-Asset Fund | $ 4 |
Expense Limitations | Reimbursement | |
Class A | .30% | $112 |
Class M | .55% | 99 |
Class C | 1.05% | 141 |
Fidelity Sustainable Multi-Asset Fund | .05% | 4,258 |
Class I | .05% | 344 |
$4,954 |
Expense reduction | |
Class A | $3 |
Class M | 3 |
Class C | 4 |
Fidelity Sustainable Multi-Asset Fund | 38 |
$48 |
Year ended September 30, 2023 | Year ended September 30, 2022 | |
Fidelity Sustainable Multi-Asset Fund | ||
Distributions to shareholders | ||
Class A | $2,921 | $ - |
Class M | 2,413 | - |
Class C | 2,356 | - |
Fidelity Sustainable Multi-Asset Fund | 111,228 | - |
Class I | 8,968 | - |
Total | $127,886 | $- |
Shares | Shares | Dollars | Dollars | |
Year ended September 30, 2023 | Year ended September 30, 2022 A | Year ended September 30, 2023 | Year ended September 30, 2022 A | |
Fidelity Sustainable Multi-Asset Fund | ||||
Class A | ||||
Shares sold | 11,609 | 21,029 | $102,638 | $209,320 |
Reinvestment of distributions | 351 | - | 3,088 | - |
Shares redeemed | (227) | (55) | (1,972) | (462) |
Net increase (decrease) | 11,733 | 20,974 | $103,754 | $208,858 |
Class M | ||||
Shares sold | 1,680 | 21,690 | $14,859 | $214,500 |
Reinvestment of distributions | 290 | - | 2,413 | - |
Net increase (decrease) | 1,970 | 21,690 | $17,272 | $214,500 |
Class C | ||||
Shares sold | 6,801 | 29,553 | $59,944 | $287,500 |
Reinvestment of distributions | 283 | - | 2,356 | - |
Shares redeemed | (604) | - | (5,396) | - |
Net increase (decrease) | 6,480 | 29,553 | $56,904 | $287,500 |
Fidelity Sustainable Multi-Asset Fund | ||||
Shares sold | 1,087,736 | 577,511 | $9,492,988 | $5,157,892 |
Reinvestment of distributions | 9,927 | - | 82,677 | - |
Shares redeemed | (252,506) | (63,389) | (2,227,321) | (568,256) |
Net increase (decrease) | 845,157 | 514,122 | $7,348,344 | $4,589,636 |
Class I | ||||
Shares sold | 71,544 | 39,415 | $609,786 | $364,524 |
Reinvestment of distributions | 983 | - | 8,185 | - |
Shares redeemed | (21,589) | (1,011) | (194,703) | (8,694) |
Net increase (decrease) | 50,938 | 38,404 | $423,268 | $355,830 |
Fund | Fidelity Sustainable Multi-Asset Fund |
Fidelity Sustainable Emerging Markets Equity Fund | 20% |
Fidelity Sustainable International Equity Fund | 33% |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2023 to September 30, 2023). |
Annualized Expense Ratio- A | Beginning Account Value April 1, 2023 | Ending Account Value September 30, 2023 | Expenses Paid During Period- C April 1, 2023 to September 30, 2023 | |||||||
Fidelity® Sustainable Multi-Asset Fund | ||||||||||
Class A | .30% | |||||||||
Actual | $ 1,000 | $ 988.60 | $ 1.50 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.56 | $ 1.52 | |||||||
Class M | .55% | |||||||||
Actual | $ 1,000 | $ 988.60 | $ 2.74 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.31 | $ 2.79 | |||||||
Class C | 1.05% | |||||||||
Actual | $ 1,000 | $ 986.30 | $ 5.23 | |||||||
Hypothetical-B | $ 1,000 | $ 1,019.80 | $ 5.32 | |||||||
Fidelity® Sustainable Multi-Asset Fund | .05% | |||||||||
Actual | $ 1,000 | $ 990.90 | $ .25 | |||||||
Hypothetical-B | $ 1,000 | $ 1,024.82 | $ .25 | |||||||
Class I | .05% | |||||||||
Actual | $ 1,000 | $ 990.90 | $ .25 | |||||||
Hypothetical-B | $ 1,000 | $ 1,024.82 | $ .25 | |||||||
Pay Date | Income | Taxes | |
Insert Fund Name | |||
Class A | 12/30/22 | $0.0277 | $0.0053 |
Class M | 12/30/22 | $0.0237 | $0.0053 |
Class C | 12/30/22 | $0.0169 | $0.0053 |
Fidelity Sustainable Multi-Asset Fund | 12/30/22 | $0.0315 | $0.0053 |
Class I | 12/30/22 | $0.0315 | $0.0053 |
Contents
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Moderate with Income Allocation Fund | 6.90% | -4.96% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Moderate with Income Allocation Fund, on February 9, 2022, when the fund started. 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. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Balanced Allocation Fund | 10.62% | -4.95% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Balanced Allocation Fund, on February 9, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Growth Allocation Fund | 14.55% | -4.68% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Growth Allocation Fund, on February 9, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Aggressive Growth Allocation Fund | 17.49% | -4.67% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Aggressive Growth Allocation Fund, on February 9, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity U.S. Bond Index Fund | 50.2 | |
Fidelity Total Market Index Fund | 20.8 | |
Fidelity Short-Term Bond Index Fund | 20.1 | |
Fidelity Total International Index Fund | 8.9 | |
100.0 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 20.8% | |||
Shares | Value ($) | ||
Fidelity Total Market Index Fund (a) (Cost $44,243) | 383 | 45,508 | |
International Equity Funds - 8.9% | |||
Shares | Value ($) | ||
Fidelity Total International Index Fund (a) (Cost $20,203) | 1,584 | 19,483 | |
Bond Funds - 70.3% | |||
Shares | Value ($) | ||
Fidelity Short-Term Bond Index Fund (a) | 4,625 | 43,933 | |
Fidelity U.S. Bond Index Fund (a) | 11,106 | 109,509 | |
TOTAL BOND FUNDS (Cost $165,831) | 153,442 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $230,277) | 218,433 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (6) |
NET ASSETS - 100.0% | 218,427 |
(a) | Affiliated Fund |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Short-Term Bond Index Fund | 31,835 | 18,639 | 6,855 | 614 | (111) | 425 | 43,933 |
Fidelity Total International Index Fund | 14,076 | 7,671 | 4,826 | 380 | (534) | 3,096 | 19,483 |
Fidelity Total Market Index Fund | 32,681 | 18,263 | 12,373 | 583 | (915) | 7,852 | 45,508 |
Fidelity U.S. Bond Index Fund | 79,280 | 46,850 | 13,619 | 2,852 | (1,233) | (1,769) | 109,509 |
157,872 | 91,423 | 37,673 | 4,429 | (2,793) | 9,604 | 218,433 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 45,508 | 45,508 | - | - |
International Equity Funds | 19,483 | 19,483 | - | - |
Bond Funds | 153,442 | 153,442 | - | - |
Total Investments in Securities: | 218,433 | 218,433 | - | - |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $230,277) | $ | 218,433 | ||
Total Investment in Securities (cost $230,277) | $ | 218,433 | ||
Receivable for investments sold | 843 | |||
Receivable for fund shares sold | 151 | |||
Receivable from investment adviser for expense reductions | 6 | |||
Total assets | 219,433 | |||
Liabilities | ||||
Payable for investments purchased | $ | 994 | ||
Other payables and accrued expenses | 12 | |||
Total Liabilities | 1,006 | |||
Net Assets | $ | 218,427 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 233,094 | ||
Total accumulated earnings (loss) | (14,667) | |||
Net Assets | $ | 218,427 | ||
Net Asset Value, offering price and redemption price per share ($218,427 ÷ 24,421 shares) | $ | 8.94 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 4,429 | ||
Expenses | ||||
Management fee | $ | 200 | ||
Proxy | 12 | |||
Total expenses before reductions | 212 | |||
Expense reductions | (206) | |||
Total expenses after reductions | 6 | |||
Net Investment income (loss) | 4,423 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (2,793) | |||
Total net realized gain (loss) | (2,793) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 9,604 | |||
Total change in net unrealized appreciation (depreciation) | 9,604 | |||
Net gain (loss) | 6,811 | |||
Net increase (decrease) in net assets resulting from operations | $ | 11,234 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | For the period February 9, 2022 (commencement of operations) through September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 4,423 | $ | 1,215 |
Net realized gain (loss) | (2,793) | (508) | ||
Change in net unrealized appreciation (depreciation) | 9,604 | (21,448) | ||
Net increase (decrease) in net assets resulting from operations | 11,234 | (20,741) | ||
Distributions to shareholders | (4,231) | (927) | ||
Share transactions | ||||
Proceeds from sales of shares | 97,410 | 178,618 | ||
Reinvestment of distributions | 4,231 | 927 | ||
Cost of shares redeemed | (48,089) | (5) | ||
Net increase (decrease) in net assets resulting from share transactions | 53,552 | 179,540 | ||
Total increase (decrease) in net assets | 60,555 | 157,872 | ||
Net Assets | ||||
Beginning of period | 157,872 | - | ||
End of period | $ | 218,427 | $ | 157,872 |
Other Information | ||||
Shares | ||||
Sold | 10,755 | 18,354 | ||
Issued in reinvestment of distributions | 472 | 101 | ||
Redeemed | (5,260) | (1) | ||
Net increase (decrease) | 5,967 | 18,454 | ||
Moderate with Income Allocation Fund |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 8.55 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .20 | .08 | ||
Net realized and unrealized gain (loss) | .39 | (1.47) | ||
Total from investment operations | .59 | (1.39) | ||
Distributions from net investment income | (.20) | (.06) | ||
Total distributions | (.20) | (.06) | ||
Net asset value, end of period | $ | 8.94 | $ | 8.55 |
Total Return D,E | 6.90% | (13.93)% | ||
Ratios to Average Net Assets C,F,G | ||||
Expenses before reductions | .11% | .10% H | ||
Expenses net of fee waivers, if any | -% | -% H | ||
Expenses net of all reductions | -% | -% H | ||
Net investment income (loss) | 2.21% | 1.36% H | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 218 | $ | 158 |
Portfolio turnover rate I | 19% | 11% H |
Top Holdings (% of Fund's net assets) | ||
Fidelity U.S. Bond Index Fund | 40.2 | |
Fidelity Total Market Index Fund | 34.8 | |
Fidelity Total International Index Fund | 14.9 | |
Fidelity Short-Term Bond Index Fund | 10.1 | |
100.0 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 34.8% | |||
Shares | Value ($) | ||
Fidelity Total Market Index Fund (a) ��(Cost $151,361) | 1,286 | 153,027 | |
International Equity Funds - 14.9% | |||
Shares | Value ($) | ||
Fidelity Total International Index Fund (a) (Cost $67,663) | 5,330 | 65,563 | |
Bond Funds - 50.3% | |||
Shares | Value ($) | ||
Fidelity Short-Term Bond Index Fund (a) | 4,674 | 44,406 | |
Fidelity U.S. Bond Index Fund (a) | 17,927 | 176,761 | |
TOTAL BOND FUNDS (Cost $238,068) | 221,167 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $457,092) | 439,757 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (25) |
NET ASSETS - 100.0% | 439,732 |
(a) | Affiliated Fund |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Short-Term Bond Index Fund | 25,588 | 25,084 | 6,524 | 536 | (85) | 343 | 44,406 |
Fidelity Total International Index Fund | 37,701 | 34,580 | 13,280 | 1,053 | (1,041) | 7,603 | 65,563 |
Fidelity Total Market Index Fund | 87,411 | 78,888 | 31,527 | 1,612 | (1,643) | 19,898 | 153,027 |
Fidelity U.S. Bond Index Fund | 101,723 | 101,131 | 21,219 | 3,965 | (630) | (4,244) | 176,761 |
252,423 | 239,683 | 72,550 | 7,166 | (3,399) | 23,600 | 439,757 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 153,027 | 153,027 | - | - |
International Equity Funds | 65,563 | 65,563 | - | - |
Bond Funds | 221,167 | 221,167 | - | - |
Total Investments in Securities: | 439,757 | 439,757 | - | - |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $457,092) | $ | 439,757 | ||
Total Investment in Securities (cost $457,092) | $ | 439,757 | ||
Receivable for investments sold | 1,240 | |||
Receivable for fund shares sold | 1,149 | |||
Receivable from investment adviser for expense reductions | 11 | |||
Total assets | 442,157 | |||
Liabilities | ||||
Payable for investments purchased | $ | 2,404 | ||
Other payables and accrued expenses | 21 | |||
Total Liabilities | 2,425 | |||
Net Assets | $ | 439,732 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 459,623 | ||
Total accumulated earnings (loss) | (19,891) | |||
Net Assets | $ | 439,732 | ||
Net Asset Value, offering price and redemption price per share ($439,732 ÷ 48,945 shares) | $ | 8.98 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 7,166 | ||
Expenses | ||||
Management fee | $ | 349 | ||
Independent trustees' fees and expenses | 1 | |||
Proxy | 22 | |||
Total expenses before reductions | 372 | |||
Expense reductions | (360) | |||
Total expenses after reductions | 12 | |||
Net Investment income (loss) | 7,154 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (3,399) | |||
Total net realized gain (loss) | (3,399) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 23,600 | |||
Total change in net unrealized appreciation (depreciation) | 23,600 | |||
Net gain (loss) | 20,201 | |||
Net increase (decrease) in net assets resulting from operations | $ | 27,355 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | For the period February 9, 2022 (commencement of operations) through September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 7,154 | $ | 1,452 |
Net realized gain (loss) | (3,399) | (684) | ||
Change in net unrealized appreciation (depreciation) | 23,600 | (40,935) | ||
Net increase (decrease) in net assets resulting from operations | 27,355 | (40,167) | ||
Distributions to shareholders | (6,373) | (706) | ||
Share transactions | ||||
Proceeds from sales of shares | 260,248 | 296,747 | ||
Reinvestment of distributions | 6,373 | 706 | ||
Cost of shares redeemed | (100,294) | (4,157) | ||
Net increase (decrease) in net assets resulting from share transactions | 166,327 | 293,296 | ||
Total increase (decrease) in net assets | 187,309 | 252,423 | ||
Net Assets | ||||
Beginning of period | 252,423 | - | ||
End of period | $ | 439,732 | $ | 252,423 |
Other Information | ||||
Shares | ||||
Sold | 28,900 | 30,805 | ||
Issued in reinvestment of distributions | 726 | 79 | ||
Redeemed | (11,125) | (440) | ||
Net increase (decrease) | 18,501 | 30,444 | ||
Balanced Allocation Fund |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 8.29 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .18 | .06 | ||
Net realized and unrealized gain (loss) | .69 | (1.74) | ||
Total from investment operations | .87 | (1.68) | ||
Distributions from net investment income | (.18) | (.03) | ||
Total distributions | (.18) | (.03) | ||
Net asset value, end of period | $ | 8.98 | $ | 8.29 |
Total Return D,E | 10.62% | (16.81)% | ||
Ratios to Average Net Assets C,F,G | ||||
Expenses before reductions | .11% | .10% H | ||
Expenses net of fee waivers, if any | -% | -% H | ||
Expenses net of all reductions | -% | -% H | ||
Net investment income (loss) | 2.05% | 1.07% H | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 440 | $ | 252 |
Portfolio turnover rate I | 21% | 12% H |
Top Holdings (% of Fund's net assets) | ||
Fidelity Total Market Index Fund | 48.8 | |
Fidelity U.S. Bond Index Fund | 25.1 | |
Fidelity Total International Index Fund | 21.0 | |
Fidelity Short-Term Bond Index Fund | 5.1 | |
100.0 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 48.8% | |||
Shares | Value ($) | ||
Fidelity Total Market Index Fund (a) (Cost $257,816) | 2,216 | 263,577 | |
International Equity Funds - 21.0% | |||
Shares | Value ($) | ||
Fidelity Total International Index Fund (a) (Cost $115,068) | 9,211 | 113,293 | |
Bond Funds - 30.2% | |||
Shares | Value ($) | ||
Fidelity Short-Term Bond Index Fund (a) | 2,873 | 27,290 | |
Fidelity U.S. Bond Index Fund (a) | 13,775 | 135,819 | |
TOTAL BOND FUNDS (Cost $176,637) | 163,109 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $549,521) | 539,979 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (25) |
NET ASSETS - 100.0% | 539,954 |
(a) | Affiliated Fund |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Short-Term Bond Index Fund | 17,365 | 15,594 | 5,884 | 362 | (7) | 222 | 27,290 |
Fidelity Total International Index Fund | 71,347 | 56,632 | 28,229 | 2,169 | (1,192) | 14,735 | 113,293 |
Fidelity Total Market Index Fund | 165,312 | 125,689 | 62,817 | 3,287 | (346) | 35,739 | 263,577 |
Fidelity U.S. Bond Index Fund | 85,923 | 79,822 | 26,381 | 3,354 | (354) | (3,191) | 135,819 |
339,947 | 277,737 | 123,311 | 9,172 | (1,899) | 47,505 | 539,979 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 263,577 | 263,577 | - | - |
International Equity Funds | 113,293 | 113,293 | - | - |
Bond Funds | 163,109 | 163,109 | - | - |
Total Investments in Securities: | 539,979 | 539,979 | - | - |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $549,521) | $ | 539,979 | ||
Total Investment in Securities (cost $549,521) | $ | 539,979 | ||
Receivable for investments sold | 1,551 | |||
Receivable for fund shares sold | 1,487 | |||
Receivable from investment adviser for expense reductions | 18 | |||
Total assets | 543,035 | |||
Liabilities | ||||
Payable for investments purchased | $ | 3,050 | ||
Other payables and accrued expenses | 31 | |||
Total Liabilities | 3,081 | |||
Net Assets | $ | 539,954 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 554,742 | ||
Total accumulated earnings (loss) | (14,788) | |||
Net Assets | $ | 539,954 | ||
Net Asset Value, offering price and redemption price per share ($539,954 ÷ 59,390 shares) | $ | 9.09 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 9,172 | ||
Expenses | ||||
Management fee | $ | 473 | ||
Independent trustees' fees and expenses | 2 | |||
Proxy | 32 | |||
Total expenses before reductions | 507 | |||
Expense reductions | (491) | |||
Total expenses after reductions | 16 | |||
Net Investment income (loss) | 9,156 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (1,899) | |||
Total net realized gain (loss) | (1,899) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 47,505 | |||
Total change in net unrealized appreciation (depreciation) | 47,505 | |||
Net gain (loss) | 45,606 | |||
Net increase (decrease) in net assets resulting from operations | $ | 54,762 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | For the period February 9, 2022 (commencement of operations) through September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 9,156 | $ | 1,350 |
Net realized gain (loss) | (1,899) | (6,503) | ||
Change in net unrealized appreciation (depreciation) | 47,505 | (57,047) | ||
Net increase (decrease) in net assets resulting from operations | 54,762 | (62,200) | ||
Distributions to shareholders | (7,126) | - | ||
Share transactions | ||||
Proceeds from sales of shares | 257,090 | 445,709 | ||
Reinvestment of distributions | 7,126 | - | ||
Cost of shares redeemed | (111,845) | (43,562) | ||
Net increase (decrease) in net assets resulting from share transactions | 152,371 | 402,147 | ||
Total increase (decrease) in net assets | 200,007 | 339,947 | ||
Net Assets | ||||
Beginning of period | 339,947 | - | ||
End of period | $ | 539,954 | $ | 339,947 |
Other Information | ||||
Shares | ||||
Sold | 28,875 | 47,105 | ||
Issued in reinvestment of distributions | 835 | - | ||
Redeemed | (12,450) | (4,975) | ||
Net increase (decrease) | 17,260 | 42,130 | ||
Growth Allocation Fund |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 8.07 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .17 | .04 | ||
Net realized and unrealized gain (loss) | 1.00 | (1.97) | ||
Total from investment operations | 1.17 | (1.93) | ||
Distributions from net investment income | (.15) | - | ||
Total distributions | (.15) | - | ||
Net asset value, end of period | $ | 9.09 | $ | 8.07 |
Total Return D,E | 14.55% | (19.30)% | ||
Ratios to Average Net Assets C,F,G | ||||
Expenses before reductions | .11% | .10% H | ||
Expenses net of fee waivers, if any | -% | -% H | ||
Expenses net of all reductions | -% | -% H | ||
Net investment income (loss) | 1.94% | .73% H | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 540 | $ | 340 |
Portfolio turnover rate I | 26% | 34% H |
Top Holdings (% of Fund's net assets) | ||
Fidelity Total Market Index Fund | 59.9 | |
Fidelity Total International Index Fund | 25.0 | |
Fidelity U.S. Bond Index Fund | 15.1 | |
100.0 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 59.9% | |||
Shares | Value ($) | ||
Fidelity Total Market Index Fund (a) (Cost $432,436) | 3,730 | 443,650 | |
International Equity Funds - 25.0% | |||
Shares | Value ($) | ||
Fidelity Total International Index Fund (a) (Cost $188,157) | 15,081 | 185,495 | |
Bond Funds - 15.1% | |||
Shares | Value ($) | ||
Fidelity U.S. Bond Index Fund (a) (Cost $120,924) | 11,368 | 112,091 | |
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $741,517) | 741,236 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (19) |
NET ASSETS - 100.0% | 741,217 |
(a) | Affiliated Fund |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Total International Index Fund | 88,592 | 110,327 | 29,205 | 2,808 | (2,160) | 17,941 | 185,495 |
Fidelity Total Market Index Fund | 210,960 | 253,786 | 69,788 | 4,378 | (1,155) | 49,847 | 443,650 |
Fidelity U.S. Bond Index Fund | 53,774 | 78,119 | 16,309 | 2,462 | (463) | (3,030) | 112,091 |
353,326 | 442,232 | 115,302 | 9,648 | (3,778) | 64,758 | 741,236 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 443,650 | 443,650 | - | - |
International Equity Funds | 185,495 | 185,495 | - | - |
Bond Funds | 112,091 | 112,091 | - | - |
Total Investments in Securities: | 741,236 | 741,236 | - | - |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $741,517) | $ | 741,236 | ||
Total Investment in Securities (cost $741,517) | $ | 741,236 | ||
Receivable for investments sold | 1,032 | |||
Receivable for fund shares sold | 2,373 | |||
Receivable from investment adviser for expense reductions | 21 | |||
Total assets | 744,662 | |||
Liabilities | ||||
Payable for investments purchased | $ | 3,405 | ||
Other payables and accrued expenses | 40 | |||
Total Liabilities | 3,445 | |||
Net Assets | $ | 741,217 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 745,578 | ||
Total accumulated earnings (loss) | (4,361) | |||
Net Assets | $ | 741,217 | ||
Net Asset Value, offering price and redemption price per share ($741,217 ÷ 81,609 shares) | $ | 9.08 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 9,648 | ||
Expenses | ||||
Management fee | $ | 574 | ||
Independent trustees' fees and expenses | 2 | |||
Proxy | 38 | |||
Total expenses before reductions | 614 | |||
Expense reductions | (595) | |||
Total expenses after reductions | 19 | |||
Net Investment income (loss) | 9,629 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (3,778) | |||
Total net realized gain (loss) | (3,778) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 64,758 | |||
Total change in net unrealized appreciation (depreciation) | 64,758 | |||
Net gain (loss) | 60,980 | |||
Net increase (decrease) in net assets resulting from operations | $ | 70,609 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | For the period February 9, 2022 (commencement of operations) through September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 9,629 | $ | 880 |
Net realized gain (loss) | (3,778) | (2,613) | ||
Change in net unrealized appreciation (depreciation) | 64,758 | (65,039) | ||
Net increase (decrease) in net assets resulting from operations | 70,609 | (66,772) | ||
Distributions to shareholders | (8,054) | - | ||
Share transactions | ||||
Proceeds from sales of shares | 439,935 | 437,529 | ||
Reinvestment of distributions | 8,054 | - | ||
Cost of shares redeemed | (122,652) | (17,432) | ||
Net increase (decrease) in net assets resulting from share transactions | 325,337 | 420,097 | ||
Total increase (decrease) in net assets | 387,892 | 353,325 | ||
Net Assets | ||||
Beginning of period | 353,325 | - | ||
End of period | $ | 741,217 | $ | 353,325 |
Other Information | ||||
Shares | ||||
Sold | 49,552 | 46,920 | ||
Issued in reinvestment of distributions | 959 | - | ||
Redeemed | (13,810) | (2,012) | ||
Net increase (decrease) | 36,701 | 44,908 | ||
Aggressive Growth Allocation Fund |
Years ended September 30, | 2023 | 2022 A | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 7.87 | $ | 10.00 |
Income from Investment Operations | ||||
Net investment income (loss) B,C | .15 | .03 | ||
Net realized and unrealized gain (loss) | 1.21 | (2.16) | ||
Total from investment operations | 1.36 | (2.13) | ||
Distributions from net investment income | (.15) | - | ||
Distributions from net realized gain | - D | - | ||
Total distributions | (.15) | - | ||
Net asset value, end of period | $ | 9.08 | $ | 7.87 |
Total Return E,F | 17.49% | (21.30)% | ||
Ratios to Average Net Assets B,G,H | ||||
Expenses before reductions | .11% | .10% I | ||
Expenses net of fee waivers, if any | -% | -% I | ||
Expenses net of all reductions | -% | -% I | ||
Net investment income (loss) | 1.68% | .46% I | ||
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $ | 741 | $ | 353 |
Portfolio turnover rate J | 20% | 14% I |
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Moderate with Income Allocation Fund | $233,009 | $1,903 | $(16,479) | $(14,576) |
Balanced Allocation Fund | 461,196 | 5,315 | (26,754) | (21,439) |
Growth Allocation Fund | 555,885 | 11,873 | (27,779) | (15,906) |
Aggressive Growth Allocation Fund | 748,002 | 19,531 | (26,297) | (6,766) |
Undistributed ordinary income | Capital loss carryforward | Net unrealized appreciation (depreciation) on securities and other investments | |
Moderate with Income Allocation Fund | $479 | $(569) | $(14,576) |
Balanced Allocation Fund | 1,548 | - | (21,439) |
Growth Allocation Fund | 3,157 | (2,038) | (15,906) |
Aggressive Growth Allocation Fund | 2,428 | (23) | (6,766) |
Short-term | Long-term | Total capital loss carryforward | |
Moderate with Income Allocation Fund | $ (197) | $ (372) | $ (569) |
Growth Allocation Fund | (1,655) | (383) | (2,038) |
Aggressive Growth Allocation Fund | - | (23) | (23) |
September 30, 2023 | |
Ordinary Income | |
Moderate with Income Allocation Fund | $4,231 |
Balanced Allocation Fund | 6,373 |
Growth Allocation Fund | 7,126 |
Aggressive Growth Allocation Fund | 8,054 |
September 30, 2022 | |
Ordinary Income | |
Moderate with Income Allocation Fund | $927 |
Balanced Allocation Fund | 706 |
Purchases ($) | Sales ($) | |
Moderate with Income Allocation Fund | 91,423 | 37,673 |
Balanced Allocation Fund | 239,683 | 72,550 |
Growth Allocation Fund | 277,737 | 123,311 |
Aggressive Growth Allocation Fund | 442,232 | 115,302 |
Management Fee Waiver | |
Moderate with Income Allocation Fund | $200 |
Balanced Allocation Fund | $349 |
Growth Allocation Fund | $473 |
Aggressive Growth Allocation Fund | $574 |
Reimbursement | |
Moderate with Income Allocation Fund | $6 |
Balanced Allocation Fund | $11 |
Growth Allocation Fund | $18 |
Aggressive Growth Allocation Fund | $21 |
Fund | Affiliated % |
Moderate with Income Allocation Fund | 28% |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2023 to September 30, 2023). |
Annualized Expense Ratio- A | Beginning Account Value April 1, 2023 | Ending Account Value September 30, 2023 | Expenses Paid During Period- C April 1, 2023 to September 30, 2023 | |||||||
Moderate with Income Allocation Fund | .01% | |||||||||
Actual | $ 1,000 | $ 988.20 | $ .05 | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.02 | $ .05 | |||||||
Balanced Allocation Fund | .01% | |||||||||
Actual | $ 1,000 | $ 998.50 | $ .05 | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.02 | $ .05 | |||||||
Growth Allocation Fund | .01% | |||||||||
Actual | $ 1,000 | $ 1,010.00 | $ .05 | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.02 | $ .05 | |||||||
Aggressive Growth Allocation Fund | .01% | |||||||||
Actual | $ 1,000 | $ 1,019.10 | $ .05 | |||||||
Hypothetical-B | $ 1,000 | $ 1,025.02 | $ .05 | |||||||
Moderate with Income Allocation Fund | 32.61% |
Balanced Allocation Fund | 24.99% |
Growth Allocation Fund | 15.83% |
Aggressive Growth Allocation Fund | 9.17% |
Moderate with Income Allocation Fund | |
October 2022 | 0% |
November 2022 | 18% |
December 2022 | 27% |
February 2023 | 4% |
March 2023 | 4% |
April 2023 | 4% |
May 2023 | 4% |
June 2023 | 4% |
July 2023 | 4% |
August 2023 | 4% |
September 2023 | 4% |
Balanced Allocation Fund | |
October 2022 | 0% |
December 2022 | 35% |
April 2023 | 10% |
July 2023 | 10% |
Growth Allocation Fund | |
December 2022 | 36% |
Aggressive Growth Allocation Fund | |
December 2022 | 42% |
Moderate with Income Allocation Fund | |
October 2022 | 0% |
November 2022 | 35.25% |
December 2022 | 51.65% |
February 2023 | 3.98% |
March 2023 | 3.98% |
April 2023 | 3.98% |
May 2023 | 3.98% |
June 2023 | 3.98% |
July 2023 | 3.98% |
August 2023 | 3.98% |
September 2023 | 3.98% |
Balanced Allocation Fund | |
October 2022 | 0% |
December 2022 | 66.22% |
April 2023 | 9.69% |
July 2023 | 9.69% |
Growth Allocation Fund | |
December 2022 | 66.86% |
Aggressive Growth Allocation Fund | |
December 2022 | 76.65% |
Moderate with Income Allocation Fund | |
November 2022 | 1.69% |
December 2022 | 2.47% |
Balanced Allocation Fund | |
December 2022 | 3.17% |
Growth Allocation Fund | |
December 2022 | 3.05% |
Aggressive Growth Allocation Fund | |
December 2022 | 3.58% |
Moderate with Income Allocation Fund | $1,778 |
Balanced Allocation Fund | $2,098 |
Growth Allocation Fund | $1,792 |
Aggressive Growth Allocation Fund | $1,039 |
December 2022 | |
Aggressive Growth Allocation Fund | 74.57% |
Moderate with Income Allocation Fund | $3,208 |
Balanced Allocation Fund | $3,491 |
Growth Allocation Fund | $758 |
Aggressive Growth Allocation Fund | $457 |
Pay Date | Income | Taxes | |
Moderate with Income Allocation Fund | 03/07/2022 | $0.0005 | $0.0000 |
04/04/2022 | $0.0011 | $0.0001 | |
05/09/2022 | $0.0020 | $0.0002 | |
06/06/2022 | $0.0014 | $0.0001 | |
07/05/2022 | $0.0014 | $0.0001 | |
08/08/2022 | $0.0015 | $0.0002 | |
09/06/2022 | $0.0015 | $0.0002 | |
10/10/2022 | $0.0018 | $0.0002 | |
11/07/2022 | $0.0017 | $0.0002 | |
12/30/2022 | $0.0113 | $0.0012 | |
Balanced Allocation Fund | 04/04/2022 | $0.0017 | $0.0002 |
07/05/2022 | $0.0059 | $0.0006 | |
10/10/2022 | $0.0057 | $0.0006 | |
12/30/2022 | $0.0257 | $0.0027 | |
Growth Allocation Fund | 12/30/2022 | $0.0494 | $0.0052 |
Aggressive Growth Allocation Fund | 12/30/2022 | $0.0601 | $0.0064 |
Contents
Average Annual Total Returns | |||
Periods ended September 30, 2023 | Past 1 year | Life of Fund A |
Fidelity® Health Savings Index Fund | 5.30% | -0.10% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity® Health Savings Index Fund, on March 2, 2020, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg U.S. Aggregate Bond Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity International Bond Index Fund | 18.3 | |
Fidelity U.S. Bond Index Fund | 15.4 | |
Fidelity Total Market Index Fund | 14.7 | |
Fidelity International Index Fund | 10.4 | |
Fidelity Long-Term Treasury Bond Index Fund | 9.8 | |
iShares JPMorgan USD Emerging Markets Bond ETF | 9.0 | |
Fidelity Emerging Markets Index Fund | 4.8 | |
iShares MSCI USA Minimum Volatility ETF | 0.7 | |
Invesco Senior Loan ETF | 0.5 | |
VanEck JP Morgan EM Local Currency Bond ETF | 0.5 | |
84.1 | ||
Quality Diversification (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
We have used ratings from Moody's Investors Service, Inc. Where Moody's® ratings are not available, we have used S&P® ratings. All ratings are as of the date indicated and do not reflect subsequent changes. |
Asset Allocation (% of Fund's net assets) |
Futures - 0.4% |
Equity Central Funds - 0.8% | |||
Shares | Value ($) | ||
Fidelity Hedged Equity Central Fund (a) (Cost $177,104) | 1,708 | 177,145 | |
Equity Funds - 30.4% | |||
Shares | Value ($) | ||
Fidelity Commodity Strategy Fund (b) | 638 | 61,833 | |
Fidelity Emerging Markets Index Fund (b) | 119,661 | 1,147,545 | |
Fidelity International Index Fund (b) | 56,430 | 2,482,920 | |
Fidelity Real Estate Index Fund (b) | 4,205 | 57,059 | |
Fidelity Total Market Index Fund (b) | 29,641 | 3,525,792 | |
TOTAL EQUITY FUNDS (Cost $6,986,828) | 7,275,149 | ||
Fixed-Income Central Funds - 12.0% | |||
Shares | Value ($) | ||
Investment Grade Fixed-Income Funds - 12.0% | |||
Fidelity Inflation-Protected Bond Index Central Fund (a) (Cost $3,222,319) | 32,586 | 2,867,552 | |
Money Market Central Funds - 2.2% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (c) (Cost $529,971) | 529,865 | 529,971 | |
U.S. Treasury Obligations - 0.1% | |||
Principal Amount (d) | Value ($) | ||
U.S. Treasury Bills, yield at date of purchase 5.35% 10/26/23 (e) (Cost $19,927) | 20,000 | 19,930 | |
Investment Companies - 11.0% | |||
Shares | Value ($) | ||
Invesco Senior Loan ETF | 5,856 | 122,917 | |
iShares iBoxx $ High Yield Corporate Bond ETF | 828 | 61,040 | |
iShares JPMorgan USD Emerging Markets Bond ETF | 26,058 | 2,150,306 | |
iShares MSCI USA Minimum Volatility ETF | 2,467 | 178,561 | |
VanEck JP Morgan EM Local Currency Bond ETF | 4,977 | 118,801 | |
TOTAL INVESTMENT COMPANIES (Cost $3,160,304) | 2,631,625 | ||
Fixed-Income Funds - 43.5% | |||
Shares | Value ($) | ||
Fidelity International Bond Index Fund (b) | 492,810 | 4,376,158 | |
Fidelity Long-Term Treasury Bond Index Fund (b) | 258,383 | 2,353,871 | |
Fidelity U.S. Bond Index Fund (b) | 372,061 | 3,668,520 | |
TOTAL FIXED-INCOME FUNDS (Cost $11,704,782) | 10,398,549 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $25,801,235) | 23,899,921 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (196) |
NET ASSETS - 100.0% | 23,899,725 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Treasury Contracts | |||||
CBOT 5-Year U.S. Treasury Note Contracts (United States) | 1 | Dec 2023 | 105,359 | (673) | (673) |
The notional amount of futures purchased as a percentage of Net Assets is 0.4% |
ETF | - | EXCHANGE-TRADED FUND |
(a) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, is available at fidelity.com and/or institutional.fidelity.com, as applicable. 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. |
(b) | Affiliated Fund |
(c) | 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. |
(d) | Amount is stated in United States dollars unless otherwise noted. |
(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 $9,965. |
Affiliate | Value, beginning of period ($) | 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 5.39% | 1,849 | 2,203,625 | 1,675,503 | 7,453 | - | - | 529,971 | 0.0% |
Fidelity Hedged Equity Central Fund | - | 191,876 | 15,000 | 35 | 228 | 41 | 177,145 | 0.0% |
Fidelity Inflation-Protected Bond Index Central Fund | 2,537,896 | 1,574,256 | 1,001,067 | 302,160 | (193,715) | (49,818) | 2,867,552 | 0.7% |
Total | 2,539,745 | 3,969,757 | 2,691,570 | 309,648 | (193,487) | (49,777) | 3,574,668 | |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Commodity Strategy Fund | 436,441 | 131,819 | 481,036 | 5,233 | (168,698) | 143,307 | 61,833 |
Fidelity Emerging Markets Index Fund | 529,810 | 854,567 | 261,497 | 13,108 | (44,822) | 69,487 | 1,147,545 |
Fidelity International Bond Index Fund | 3,841,487 | 2,111,052 | 1,593,786 | 75,811 | (112,980) | 130,385 | 4,376,158 |
Fidelity International Index Fund | 741,301 | 2,042,849 | 477,345 | 30,215 | (4,052) | 180,167 | 2,482,920 |
Fidelity Long-Term Treasury Bond Index Fund | 2,091,132 | 1,912,274 | 1,370,210 | 69,272 | (344,912) | 65,587 | 2,353,871 |
Fidelity Real Estate Index Fund | 131,617 | 85,037 | 159,376 | 3,104 | (7,482) | 7,263 | 57,059 |
Fidelity Total Market Index Fund | 3,301,986 | 1,396,069 | 1,733,988 | 50,343 | (84,009) | 645,734 | 3,525,792 |
Fidelity U.S. Bond Index Fund | 2,677,964 | 3,058,637 | 1,949,455 | 104,938 | (182,456) | 63,830 | 3,668,520 |
13,751,738 | 11,592,304 | 8,026,693 | 352,024 | (949,411) | 1,305,760 | 17,673,698 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Equity Central Funds | 177,145 | 177,145 | - | - |
Equity Funds | 7,275,149 | 7,275,149 | - | - |
Fixed-Income Central Funds | 2,867,552 | 2,867,552 | - | - |
Money Market Central Funds | 529,971 | 529,971 | - | - |
Other Short-Term Investments | 19,930 | - | 19,930 | - |
Investment Companies | 2,631,625 | 2,631,625 | - | - |
Fixed-Income Funds | 10,398,549 | 10,398,549 | - | - |
Total Investments in Securities: | 23,899,921 | 23,879,991 | 19,930 | - |
Derivative Instruments: Liabilities | ||||
Futures Contracts | (673) | (673) | - | - |
Total Liabilities | (673) | (673) | - | - |
Total Derivative Instruments: | (673) | (673) | - | - |
Primary Risk Exposure / Derivative Type | Value | |
Asset ($) | Liability ($) | |
Interest Rate Risk | ||
Futures Contracts (a) | 0 | (673) |
Total Interest Rate Risk | 0 | (673) |
Total Value of Derivatives | 0 | (673) |
Statement of Assets and Liabilities | ||||
September 30, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $3,180,231) | $ | 2,651,555 | ||
Fidelity Central Funds (cost $3,929,394) | 3,574,668 | |||
Other affiliated issuers (cost $18,691,610) | 17,673,698 | |||
Total Investment in Securities (cost $25,801,235) | $ | 23,899,921 | ||
Cash | 1,196 | |||
Receivable for investments sold | 21,105 | |||
Receivable for fund shares sold | 11,509 | |||
Dividends receivable | 176 | |||
Distributions receivable from Fidelity Central Funds | 1,842 | |||
Receivable for daily variation margin on futures contracts | 156 | |||
Total assets | 23,935,905 | |||
Liabilities | ||||
Payable for fund shares redeemed | $ | 32,990 | ||
Accrued management fee | 2,023 | |||
Other payables and accrued expenses | 1,167 | |||
Total Liabilities | 36,180 | |||
Net Assets | $ | 23,899,725 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 27,392,333 | ||
Total accumulated earnings (loss) | (3,492,608) | |||
Net Assets | $ | 23,899,725 | ||
Net Asset Value, offering price and redemption price per share ($23,899,725 ÷ 2,620,230 shares) | $ | 9.12 |
Statement of Operations | ||||
Year ended September 30, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Unaffiliated issuers | $ | 153,591 | ||
Affiliated issuers | 276,703 | |||
Interest | 541 | |||
Income from Fidelity Central Funds | 309,648 | |||
Total Income | 740,483 | |||
Expenses | ||||
Management fee | $ | 34,221 | ||
Independent trustees' fees and expenses | 82 | |||
Miscellaneous | 1,169 | |||
Total expenses before reductions | 35,472 | |||
Expense reductions | (11,830) | |||
Total expenses after reductions | 23,642 | |||
Net Investment income (loss) | 716,841 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (126,372) | |||
Fidelity Central Funds | (193,487) | |||
Other affiliated issuers | (949,411) | |||
Futures contracts | (7,609) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 75,321 | |||
Total net realized gain (loss) | (1,201,558) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | 225,164 | |||
Fidelity Central Funds | (49,777) | |||
Other affiliated issuers | 1,305,760 | |||
Futures contracts | 152 | |||
Total change in net unrealized appreciation (depreciation) | 1,481,299 | |||
Net gain (loss) | 279,741 | |||
Net increase (decrease) in net assets resulting from operations | $ | 996,582 |
Statement of Changes in Net Assets | ||||
Year ended September 30, 2023 | Year ended September 30, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 716,841 | $ | 605,114 |
Net realized gain (loss) | (1,201,558) | (383,544) | ||
Change in net unrealized appreciation (depreciation) | 1,481,299 | (3,838,318) | ||
Net increase (decrease) in net assets resulting from operations | 996,582 | (3,616,748) | ||
Distributions to shareholders | (840,168) | (537,680) | ||
Share transactions | ||||
Proceeds from sales of shares | 6,744,977 | 9,482,212 | ||
Reinvestment of distributions | 820,452 | 534,480 | ||
Cost of shares redeemed | (3,231,067) | (3,317,424) | ||
Net increase (decrease) in net assets resulting from share transactions | 4,334,362 | 6,699,268 | ||
Total increase (decrease) in net assets | 4,490,776 | 2,544,840 | ||
Net Assets | ||||
Beginning of period | 19,408,949 | 16,864,109 | ||
End of period | $ | 23,899,725 | $ | 19,408,949 |
Other Information | ||||
Shares | ||||
Sold | 721,609 | 895,231 | ||
Issued in reinvestment of distributions | 89,465 | 49,657 | ||
Redeemed | (345,817) | (314,380) | ||
Net increase (decrease) | 465,257 | 630,508 | ||
Fidelity® Health Savings Index Fund |
Years ended September 30, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 9.01 | $ | 11.06 | $ | 10.41 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .29 | .32 | .17 | .06 | ||||
Net realized and unrealized gain (loss) | .18 | (2.06) | .66 | .40 | ||||
Total from investment operations | .47 | (1.74) | .83 | .46 | ||||
Distributions from net investment income | (.36) | (.28) | (.14) | (.05) | ||||
Distributions from net realized gain | - | (.03) | (.04) | - | ||||
Total distributions | (.36) | (.31) | (.18) | (.05) | ||||
Net asset value, end of period | $ | 9.12 | $ | 9.01 | $ | 11.06 | $ | 10.41 |
Total Return D,E | 5.30% | (16.22)% | 7.99% | 4.58% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .16% | .15% | .15% | .15% H | ||||
Expenses net of fee waivers, if any | .11% | .10% | .10% | .10% H | ||||
Expenses net of all reductions | .10% | .10% | .10% | .10% H | ||||
Net investment income (loss) | 3.14% | 3.08% | 1.51% | .97% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 23,900 | $ | 19,409 | $ | 16,864 | $ | 3,609 |
Portfolio turnover rate I | 49% | 32% | 42% | 71% H |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Inflation-Protected Bond Index Central Fund | Fidelity Management & Research Company LLC (FMR) | Seeks to provide investment results that correspond to the performance of the inflation-protected United States Treasury market, and may invest in derivatives. | Less than .005% | |
Fidelity Hedged Equity Central Fund | Fidelity Diversifying Solutions LLC (FDS) | Seeks capital appreciation by investing primarily in common stocks of companies with market capitalizations generally similar to companies in the S&P 500® Index. | Options | 0.01% |
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 | $347,766 |
Gross unrealized depreciation | (2,640,094) |
Net unrealized appreciation (depreciation) | $(2,292,328) |
Tax Cost | $26,192,249 |
Undistributed ordinary income | $39,674 |
Capital loss carryforward | $(1,239,952) |
Net unrealized appreciation (depreciation) on securities and other investments | $(2,292,328) |
Short-term | $(388,756) |
Long-term | (851,196) |
Total capital loss carryforward | $(1,239,952) |
September 30, 2023 | September 30, 2022 | |
Ordinary Income | $840,168 | $512,170 |
Long-term Capital Gains | - | 25,510 |
Total | $840,168 | $ 537,680 |
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. |
Purchases ($) | Sales ($) | |
Fidelity Health Savings Index Fund | 14,780,388 | 11,032,744 |
Amount | |
Fidelity Health Savings Index Fund | $65 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2023 to September 30, 2023). |
Annualized Expense Ratio- A | Beginning Account Value April 1, 2023 | Ending Account Value September 30, 2023 | Expenses Paid During Period- C April 1, 2023 to September 30, 2023 | |||||||
Fidelity® Health Savings Index Fund | .11% | |||||||||
Actual | $ 1,000 | $ 975.50 | $ .54 | |||||||
Hypothetical-B | $ 1,000 | $ 1,024.52 | $ .56 | |||||||
November | 10% |
December | 10% |
February | 3% |
March | 3% |
April | 3% |
May | 3% |
June | 3% |
July | 3% |
August | 3% |
September | 3% |
October | 13.92% |
November | 13.92% |
December | 13.92% |
February | 2.75% |
March | 2.75% |
April | 2.75% |
May | 2.75% |
June | 2.75% |
July | 2.75% |
August | 2.75% |
September | 2.75% |
October | 0.93% |
November | 0.93% |
December | 0.93% |
Pay Date | Income | Taxes | |
Fidelity Health Savings Index Fund | |||
10/10/22 | $0.0049 | $0.0005 | |
11/07/22 | $0.0009 | $0.0001 | |
12/30/22 | $0.0115 | $0.0011 |
Item 2.
Code of Ethics
As of the end of the period, September 30, 2023, Fidelity Charles 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 Asset Manager 20%, Fidelity Asset Manager 30%, Fidelity Asset Manager 40%, Fidelity Asset Manager 50%, Fidelity Asset Manager 60%, Fidelity Asset Manager 70%, Fidelity Asset Manager 85%, Fidelity Health Savings Fund, Fidelity Health Savings Index Fund, and Fidelity Sustainable Multi-Asset Fund for services rendered to (the “Fund(s)”):
Services Billed by Deloitte Entities
September 30, 2023 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Asset Manager 20% | $21,000 | $- | $8,100 | $600 |
Fidelity Asset Manager 30% | $20,900 | $- | $8,100 | $600 |
Fidelity Asset Manager 40% | $20,900 | $- | $8,100 | $600 |
Fidelity Asset Manager 50% | $21,100 | $- | $8,100 | $600 |
Fidelity Asset Manager 60% | $21,000 | $- | $8,100 | $600 |
Fidelity Asset Manager 70% | $21,000 | $- | $8,100 | $600 |
Fidelity Asset Manager 85% | $21,000 | $- | $8,100 | $600 |
Fidelity Health Savings Fund | $16,200 | $- | $8,100 | $500 |
Fidelity Health Savings Index Fund | $15,600 | $- | $8,100 | $500 |
Fidelity Sustainable Multi-Asset Fund | $22,000 | $- | $8,100 | $600 |
September 30, 2022 FeesA,B
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity Asset Manager 20% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 30% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 40% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 50% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 60% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 70% | $20,500 | $- | $7,800 | $500 |
Fidelity Asset Manager 85% | $20,500 | $- | $7,800 | $500 |
Fidelity Health Savings Fund | $15,800 | $- | $7,600 | $500 |
Fidelity Health Savings Index Fund | $15,200 | $- | $7,600 | $400 |
Fidelity Sustainable Multi-Asset Fund | $18,000 | $- | $7,100 | $300 |
A Amounts may reflect rounding.
B Fidelity Sustainable Multi-Asset Fund commenced operations on February 10, 2022.
The following table presents fees billed by PricewaterhouseCoopers LLP (“PwC”) in each of the last two fiscal years for services rendered to Aggressive Growth Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund, and Moderate with Income Allocation Fund (the “Funds”):
Services Billed by PwC
September 30, 2023 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Aggressive Growth Allocation Fund | $14,700 | $1,400 | $7,600 | $600 |
Balanced Allocation Fund | $14,700 | $1,400 | $7,600 | $600 |
Growth Allocation Fund | $14,700 | $1,400 | $7,600 | $600 |
Moderate with Income Allocation Fund | $14,700 | $1,400 | $6,000 | $600 |
September 30, 2022 FeesA,B
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Aggressive Growth Allocation Fund | $11,900 | $800 | $5,000 | $400 |
Balanced Allocation Fund | $11,900 | $800 | $5,000 | $400 |
Growth Allocation Fund | $11,900 | $800 | $5,000 | $400 |
Moderate with Income Allocation Fund | $11,900 | $800 | $5,000 | $400 |
A Amounts may reflect rounding.
B Aggressive Growth Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund, and Moderate with Income Allocation Fund commenced operations on February 9, 2022.
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
September 30, 2023A | September 30, 2022A,B | |
Audit-Related Fees | $- | $- |
Tax Fees | $- | $- |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
B May include amounts billed prior to the Fidelity Sustainable Multi-Asset Fund’s commencement of operations.
Services Billed by PwC
September 30, 2023A | September 30, 2022A,B | |
Audit-Related Fees | $8,284,200 | $7,914,600 |
Tax Fees | $1,000 | $1,000 |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
B May include amounts billed prior to the Aggressive Growth Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund, and Moderate with Income Allocation Funds’ commencement of operations.
“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 | September 30, 2023A | September 30, 2022A,B | ||||
Deloitte Entities | $329,400 | $539,200 |
| |||
PwC | $13,624,600 | $12,907,800 |
|
A Amounts may reflect rounding.
B May include amounts billed prior to the Aggressive Growth Allocation Fund, Balanced Allocation Fund, Fidelity Sustainable Multi-Asset Fund, Growth Allocation Fund, and Moderate with Income Allocation Funds’ commencement of operations.
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 13.
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 Charles Street Trust
By: | /s/Laura M. Del Prato |
Laura M. Del Prato | |
President and Treasurer | |
Date: | November 21, 2023 |
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: | November 21, 2023 |
By: | /s/John J. Burke III |
John J. Burke III | |
Chief Financial Officer | |
Date: | November 21, 2023 |