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 811-04085
Fidelity Income Fund
(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: | July 31 |
Date of reporting period: | July 31, 2023 |
Item 1.
Reports to Stockholders
Contents
Average Annual Total Returns | |||
Periods ended July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -5.62% | 0.85% | 2.43% |
Fidelity Managed Retirement Income Fund℠ | 0.37% | 2.30% | 3.30% |
Class K | 0.47% | 2.39% | 3.34% |
Class K6 | 0.57% | 2.47% | 3.38% |
Class I | 0.37% | 2.31% | 3.30% |
Class Z6 | 0.57% | 2.47% | 3.38% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement Income Fund℠, a class of the fund, on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -5.33% | 1.25% | 3.41% |
Fidelity Managed Retirement 2010 Fund℠ | 0.69% | 2.71% | 4.28% |
Class K | 0.80% | 2.79% | 4.32% |
Class K6 | 0.90% | 2.87% | 4.37% |
Class I | 0.69% | 2.71% | 4.28% |
Class Z6 | 0.88% | 2.87% | 4.37% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2010 Fund℠, a class of the fund, on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -4.57% | 1.81% | 3.93% |
Fidelity Managed Retirement 2015 Fund℠ | 1.49% | 3.28% | 4.80% |
Class K | 1.60% | 3.36% | 4.85% |
Class K6 | 1.70% | 3.45% | 4.89% |
Class I | 1.48% | 3.28% | 4.80% |
Class Z6 | 1.69% | 3.44% | 4.89% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2015 Fund℠, a class of the fund, on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -3.83% | 2.33% | 4.39% |
Fidelity Managed Retirement 2020 Fund℠ | 2.29% | 3.81% | 5.27% |
Class K | 2.41% | 3.89% | 5.31% |
Class K6 | 2.50% | 3.97% | 5.35% |
Class I | 2.30% | 3.81% | 5.27% |
Class Z6 | 2.48% | 3.97% | 5.35% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2020 Fund℠, a class of the fund, on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Class A (incl. 5.75% sales charge) | -3.07% | 2.78% | 4.79% |
Fidelity Managed Retirement 2025 Fund℠ | 3.09% | 4.26% | 5.68% |
Class K | 3.20% | 4.35% | 5.72% |
Class K6 | 3.30% | 4.43% | 5.76% |
Class I | 3.10% | 4.26% | 5.68% |
Class Z6 | 3.30% | 4.43% | 5.76% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2025 Fund℠, a class of the fund, on July 31, 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 July 31, 2023 | Past 1 year | Life of Fund A |
Class A (incl. 5.75% sales charge) | -2.49% | 3.31% |
Fidelity Managed Retirement 2030 Fund℠ | 3.71% | 5.12% |
Class K | 3.82% | 5.23% |
Class K6 | 3.93% | 5.33% |
Class I | 3.71% | 5.11% |
Class Z6 | 3.92% | 5.33% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2030 Fund℠, a class of the fund, on August 16, 2019, 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. |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity Managed Retirement 2035 Fund℠, a class of the fund, on December 15, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500 Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 20.0 | |
Fidelity Series Investment Grade Bond Fund | 12.4 | |
Fidelity Series Government Bond Index Fund | 12.1 | |
Fidelity Series Investment Grade Securitized Fund | 8.4 | |
Fidelity Series Corporate Bond Fund | 8.3 | |
Fidelity Series Treasury Bill Index Fund | 6.6 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
Fidelity Series Emerging Markets Opportunities Fund | 3.9 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 3.8 | |
Fidelity Series Government Money Market Fund 5.33% | 2.3 | |
81.7 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 6.4% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 14,098 | 207,095 | |
Fidelity Series Commodity Strategy Fund (a) | 1,199 | 123,398 | |
Fidelity Series Large Cap Growth Index Fund (a) | 7,264 | 130,833 | |
Fidelity Series Large Cap Stock Fund (a) | 7,335 | 145,083 | |
Fidelity Series Large Cap Value Index Fund (a) | 17,992 | 269,527 | |
Fidelity Series Small Cap Core Fund (a) | 66 | 715 | |
Fidelity Series Small Cap Opportunities Fund (a) | 4,927 | 66,365 | |
Fidelity Series Value Discovery Fund (a) | 6,484 | 99,468 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $880,346) | 1,042,484 | ||
International Equity Funds - 11.8% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 7,523 | 110,291 | |
Fidelity Series Emerging Markets Fund (a) | 18,280 | 159,950 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 35,323 | 637,224 | |
Fidelity Series International Growth Fund (a) | 16,743 | 278,109 | |
Fidelity Series International Index Fund (a) | 8,921 | 105,177 | |
Fidelity Series International Small Cap Fund (a) | 5,246 | 87,237 | |
Fidelity Series International Value Fund (a) | 24,460 | 280,062 | |
Fidelity Series Overseas Fund (a) | 21,905 | 278,417 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,729,593) | 1,936,467 | ||
Bond Funds - 71.1% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 344,981 | 3,270,413 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 12,673 | 99,867 | |
Fidelity Series Corporate Bond Fund (a) | 150,486 | 1,364,912 | |
Fidelity Series Emerging Markets Debt Fund (a) | 11,238 | 84,622 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 2,969 | 28,678 | |
Fidelity Series Floating Rate High Income Fund (a) | 1,867 | 16,783 | |
Fidelity Series Government Bond Index Fund (a) | 217,610 | 1,984,604 | |
Fidelity Series High Income Fund (a) | 10,775 | 89,000 | |
Fidelity Series International Credit Fund (a) | 969 | 7,460 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 75,459 | 642,907 | |
Fidelity Series Investment Grade Bond Fund (a) | 204,223 | 2,027,936 | |
Fidelity Series Investment Grade Securitized Fund (a) | 155,201 | 1,376,634 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 106,778 | 626,786 | |
Fidelity Series Real Estate Income Fund (a) | 2,409 | 23,369 | |
TOTAL BOND FUNDS (Cost $12,989,271) | 11,643,971 | ||
Short-Term Funds - 10.7% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 373,590 | 373,590 | |
Fidelity Series Short-Term Credit Fund (a) | 30,982 | 298,973 | |
Fidelity Series Treasury Bill Index Fund (a) | 107,893 | 1,072,458 | |
TOTAL SHORT-TERM FUNDS (Cost $1,759,138) | 1,745,021 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $17,358,348) | 16,367,943 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (440) |
NET ASSETS - 100.0% | 16,367,503 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 3,604,910 | 680,283 | 796,815 | 168,939 | (21,339) | (192,912) | 3,270,413 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 18,229 | 104,446 | 18,968 | 6,570 | (1,069) | (2,771) | 99,867 |
Fidelity Series Blue Chip Growth Fund | 261,605 | 82,247 | 175,319 | 8,660 | (41,112) | 79,674 | 207,095 |
Fidelity Series Canada Fund | 149,361 | 24,495 | 67,466 | 4,006 | (20) | 3,921 | 110,291 |
Fidelity Series Commodity Strategy Fund | 272,004 | 188,208 | 170,560 | 146,920 | (75,909) | (90,345) | 123,398 |
Fidelity Series Corporate Bond Fund | 1,389,346 | 305,925 | 262,254 | 52,627 | (17,637) | (50,468) | 1,364,912 |
Fidelity Series Emerging Markets Debt Fund | 94,209 | 14,373 | 25,252 | 5,315 | (6,516) | 7,808 | 84,622 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 31,314 | 2,796 | 9,563 | - | (989) | 5,120 | 28,678 |
Fidelity Series Emerging Markets Fund | 114,448 | 71,427 | 37,401 | 2,541 | (7,221) | 18,697 | 159,950 |
Fidelity Series Emerging Markets Opportunities Fund | 1,035,222 | 95,728 | 560,559 | 21,274 | (116,166) | 182,999 | 637,224 |
Fidelity Series Floating Rate High Income Fund | 17,773 | 5,836 | 7,077 | 1,398 | (287) | 538 | 16,783 |
Fidelity Series Government Bond Index Fund | 2,040,519 | 465,345 | 391,276 | 46,814 | (19,995) | (109,989) | 1,984,604 |
Fidelity Series Government Money Market Fund 5.33% | 334,931 | 173,852 | 135,193 | 15,576 | - | - | 373,590 |
Fidelity Series High Income Fund | 97,582 | 15,482 | 21,346 | 5,911 | (1,435) | (1,283) | 89,000 |
Fidelity Series International Credit Fund | 7,830 | 435 | - | 435 | - | (805) | 7,460 |
Fidelity Series International Developed Markets Bond Index Fund | 721,484 | 103,376 | 133,397 | 14,966 | (9,170) | (39,386) | 642,907 |
Fidelity Series International Growth Fund | 310,909 | 61,062 | 116,955 | 9,596 | (17,948) | 41,041 | 278,109 |
Fidelity Series International Index Fund | 130,186 | 21,979 | 61,500 | 3,078 | (3,490) | 18,002 | 105,177 |
Fidelity Series International Small Cap Fund | 95,915 | 17,057 | 27,139 | 5,284 | (5,811) | 7,215 | 87,237 |
Fidelity Series International Value Fund | 308,251 | 61,463 | 133,913 | 9,396 | (4,252) | 48,513 | 280,062 |
Fidelity Series Investment Grade Bond Fund | 2,109,226 | 442,793 | 404,922 | 77,454 | (21,368) | (97,793) | 2,027,936 |
Fidelity Series Investment Grade Securitized Fund | 1,491,968 | 282,212 | 286,589 | 47,190 | (19,537) | (91,420) | 1,376,634 |
Fidelity Series Large Cap Growth Index Fund | 165,518 | 41,171 | 93,351 | 1,256 | 6,536 | 10,959 | 130,833 |
Fidelity Series Large Cap Stock Fund | 181,313 | 47,982 | 97,933 | 10,843 | 3,842 | 9,879 | 145,083 |
Fidelity Series Large Cap Value Index Fund | 346,194 | 103,648 | 188,926 | 10,231 | 7,025 | 1,586 | 269,527 |
Fidelity Series Long-Term Treasury Bond Index Fund | 795,851 | 219,027 | 283,475 | 20,973 | (61,555) | (43,062) | 626,786 |
Fidelity Series Overseas Fund | 312,736 | 54,129 | 121,071 | 5,054 | (9,806) | 42,429 | 278,417 |
Fidelity Series Real Estate Income Fund | 56,336 | 19,363 | 46,529 | 4,334 | (4,880) | (921) | 23,369 |
Fidelity Series Short-Term Credit Fund | 334,147 | 33,484 | 67,300 | 7,447 | (1,516) | 158 | 298,973 |
Fidelity Series Small Cap Core Fund | - | 1,691 | 1,044 | - | (13) | 81 | 715 |
Fidelity Series Small Cap Opportunities Fund | 86,328 | 18,180 | 41,395 | 4,111 | (3,164) | 6,416 | 66,365 |
Fidelity Series Treasury Bill Index Fund | 1,005,003 | 422,914 | 352,191 | 45,281 | (646) | (2,622) | 1,072,458 |
Fidelity Series Value Discovery Fund | 127,676 | 36,887 | 65,468 | 5,457 | 1,732 | (1,359) | 99,468 |
18,048,324 | 4,219,296 | 5,202,147 | 768,937 | (453,716) | (240,100) | 16,367,943 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 1,042,484 | 1,042,484 | - | - |
International Equity Funds | 1,936,467 | 1,936,467 | - | - |
Bond Funds | 11,643,971 | 11,643,971 | - | - |
Short-Term Funds | 1,745,021 | 1,745,021 | - | - |
Total Investments in Securities: | 16,367,943 | 16,367,943 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $17,358,348) | $ | 16,367,943 | ||
Total Investment in Securities (cost $17,358,348) | $ | 16,367,943 | ||
Cash | 14 | |||
Receivable for investments sold | 119,157 | |||
Receivable for fund shares sold | 311 | |||
Total assets | 16,487,425 | |||
Liabilities | ||||
Payable for investments purchased | $ | 100,378 | ||
Payable for fund shares redeemed | 13,369 | |||
Accrued management fee | 6,023 | |||
Distribution and service plan fees payable | 152 | |||
Total Liabilities | 119,922 | |||
Net Assets | $ | 16,367,503 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 18,058,584 | ||
Total accumulated earnings (loss) | (1,691,081) | |||
Net Assets | $ | 16,367,503 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($807,104 ÷ 14,931.09 shares)(a) | $ | 54.06 | ||
Maximum offering price per share (100/94.25 of $54.06) | $ | 57.36 | ||
Fidelity Managed Retirement Income : | ||||
Net Asset Value, offering price and redemption price per share ($14,669,555 ÷ 271,437 shares) | $ | 54.04 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($130,713 ÷ 2,418.29 shares) | $ | 54.05 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($493,702 ÷ 9,132.61 shares) | $ | 54.06 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($159,016 ÷ 2,938.95 shares) | $ | 54.11 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($107,413 ÷ 1,988.08 shares) | $ | 54.03 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 731,503 | ||
Expenses | ||||
Management fee | $ | 75,062 | ||
Distribution and service plan fees | 1,680 | |||
Independent trustees' fees and expenses | 62 | |||
Total expenses before reductions | 76,804 | |||
Expense reductions | (36) | |||
Total expenses after reductions | 76,768 | |||
Net Investment income (loss) | 654,735 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (453,716) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 37,434 | |||
Total net realized gain (loss) | (416,282) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (240,100) | |||
Total change in net unrealized appreciation (depreciation) | (240,100) | |||
Net gain (loss) | (656,382) | |||
Net increase (decrease) in net assets resulting from operations | $ | (1,647) |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 654,735 | $ | 512,071 |
Net realized gain (loss) | (416,282) | 154,259 | ||
Change in net unrealized appreciation (depreciation) | (240,100) | (2,331,406) | ||
Net increase (decrease) in net assets resulting from operations | (1,647) | (1,665,076) | ||
Distributions to shareholders | (850,429) | (799,835) | ||
Share transactions - net increase (decrease) | (828,342) | (1,238,197) | ||
Total increase (decrease) in net assets | (1,680,418) | (3,703,108) | ||
Net Assets | ||||
Beginning of period | 18,047,921 | 21,751,029 | ||
End of period | $ | 16,367,503 | $ | 18,047,921 |
Fidelity Advisor Managed Retirement Income Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 56.57 | $ | 63.52 | $ | 60.44 | $ | 57.74 | $ | 57.55 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.924 | 1.317 | .309 | .684 | 1.029 | |||||
Net realized and unrealized gain (loss) | (1.950) | (6.180) | 4.009 | 3.226 | 1.594 | |||||
Total from investment operations | (.026) | (4.863) | 4.318 | 3.910 | 2.623 | |||||
Distributions from net investment income | (1.849) | (1.252) | (.329) | (.776) | (1.047) | |||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | (1.386) | |||||
Total distributions | (2.484) | (2.087) | (1.238) | (1.210) | (2.433) | |||||
Net asset value, end of period | $ | 54.06 | $ | 56.57 | $ | 63.52 | $ | 60.44 | $ | 57.74 |
Total Return C,D | .14% | (7.90)% | 7.21% | 6.86% | 4.78% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .70% | .70% | .70% | .70% | .71% | |||||
Expenses net of fee waivers, if any | .70% | .70% | .70% | .70% | .71% | |||||
Expenses net of all reductions | .69% | .70% | .70% | .70% | .71% | |||||
Net investment income (loss) | 3.60% | 2.20% | .50% | 1.18% | 1.83% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 807 | $ | 717 | $ | 716 | $ | 453 | $ | 177 |
Portfolio turnover rate G | 25% | 64% | 31% | 62% H | 68% |
Fidelity Managed Retirement Income Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 56.57 | $ | 63.52 | $ | 60.42 | $ | 57.73 | $ | 57.54 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 2.055 | 1.473 | .464 | .829 | 1.170 | |||||
Net realized and unrealized gain (loss) | (1.958) | (6.189) | 4.011 | 3.220 | 1.589 | |||||
Total from investment operations | .097 | (4.716) | 4.475 | 4.049 | 2.759 | |||||
Distributions from net investment income | (1.992) | (1.399) | (.466) | (.925) | (1.183) | |||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | (1.386) | |||||
Total distributions | (2.627) | (2.234) | (1.375) | (1.359) | (2.569) | |||||
Net asset value, end of period | $ | 54.04 | $ | 56.57 | $ | 63.52 | $ | 60.42 | $ | 57.73 |
Total Return C | .37% | (7.68)% | 7.48% | 7.12% | 5.04% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .45% | .45% | .45% | .45% | .46% | |||||
Expenses net of fee waivers, if any | .45% | .45% | .45% | .45% | .46% | |||||
Expenses net of all reductions | .45% | .45% | .45% | .45% | .46% | |||||
Net investment income (loss) | 3.84% | 2.45% | .75% | 1.43% | 2.08% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 14,670 | $ | 16,230 | $ | 19,995 | $ | 13,965 | $ | 6,060 |
Portfolio turnover rate F | 25% | 64% | 31% | 62% G | 68% |
Fidelity Managed Retirement Income Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 56.59 | $ | 63.54 | $ | 60.43 | $ | 57.81 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 2.105 | 1.529 | .526 | .889 | ||||
Net realized and unrealized gain (loss) | (1.955) | (6.186) | 4.010 | 3.146 | ||||
Total from investment operations | .150 | (4.657) | 4.536 | 4.035 | ||||
Distributions from net investment income | (2.055) | (1.458) | (.517) | (.981) | ||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | ||||
Total distributions | (2.690) | (2.293) | (1.426) | (1.415) | ||||
Net asset value, end of period | $ | 54.05 | $ | 56.59 | $ | 63.54 | $ | 60.43 |
Total Return D | .47% | (7.58)% | 7.59% | 7.09% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .35% | .35% | .35% | .35% | ||||
Expenses net of fee waivers, if any | .35% | .35% | .35% | .35% | ||||
Expenses net of all reductions | .35% | .35% | .35% | .35% | ||||
Net investment income (loss) | 3.94% | 2.55% | .85% | 1.53% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 131 | $ | 106 | $ | 115 | $ | 107 |
Portfolio turnover rate G | 25% | 64% | 31% | 62% H |
Fidelity Managed Retirement Income Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 56.60 | $ | 63.55 | $ | 60.42 | $ | 57.81 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 2.164 | 1.583 | .588 | .941 | ||||
Net realized and unrealized gain (loss) | (1.959) | (6.174) | 4.005 | 3.151 | ||||
Total from investment operations | .205 | (4.591) | 4.593 | 4.092 | ||||
Distributions from net investment income | (2.110) | (1.524) | (.554) | (1.048) | ||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | ||||
Total distributions | (2.745) | (2.359) | (1.463) | (1.482) | ||||
Net asset value, end of period | $ | 54.06 | $ | 56.60 | $ | 63.55 | $ | 60.42 |
Total Return D | .57% | (7.48)% | 7.69% | 7.20% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .25% | .25% | .25% | .25% | ||||
Expenses net of fee waivers, if any | .25% | .25% | .25% | .25% | ||||
Expenses net of all reductions | .25% | .25% | .25% | .25% | ||||
Net investment income (loss) | 4.05% | 2.65% | .95% | 1.62% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 494 | $ | 711 | $ | 539 | $ | 434 |
Portfolio turnover rate G | 25% | 64% | 31% | 62% H |
Fidelity Advisor Managed Retirement Income Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 56.64 | $ | 63.58 | $ | 60.48 | $ | 57.71 | $ | 57.52 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 2.059 | 1.480 | .464 | .828 | 1.167 | |||||
Net realized and unrealized gain (loss) | (1.961) | (6.193) | 4.011 | 3.233 | 1.593 | |||||
Total from investment operations | .098 | (4.713) | 4.475 | 4.061 | 2.760 | |||||
Distributions from net investment income | (1.993) | (1.392) | (.466) | (.857) | (1.184) | |||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | (1.386) | |||||
Total distributions | (2.628) | (2.227) | (1.375) | (1.291) | (2.570) | |||||
Net asset value, end of period | $ | 54.11 | $ | 56.64 | $ | 63.58 | $ | 60.48 | $ | 57.71 |
Total Return C | .37% | (7.66)% | 7.48% | 7.14% | 5.04% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .45% | .45% | .45% | .45% | .46% | |||||
Expenses net of fee waivers, if any | .45% | .45% | .45% | .45% | .46% | |||||
Expenses net of all reductions | .45% | .45% | .45% | .45% | .46% | |||||
Net investment income (loss) | 3.85% | 2.45% | .75% | 1.43% | 2.08% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 159 | $ | 176 | $ | 270 | $ | 300 | $ | 96 |
Portfolio turnover rate F | 25% | 64% | 31% | 62% G | 68% |
Fidelity Advisor Managed Retirement Income Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 56.57 | $ | 63.52 | $ | 60.41 | $ | 57.79 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 2.161 | 1.587 | .588 | .947 | ||||
Net realized and unrealized gain (loss) | (1.956) | (6.181) | 4.008 | 3.145 | ||||
Total from investment operations | .205 | (4.594) | 4.596 | 4.092 | ||||
Distributions from net investment income | (2.110) | (1.521) | (.577) | (1.038) | ||||
Distributions from net realized gain | (.635) | (.835) | (.909) | (.434) | ||||
Total distributions | (2.745) | (2.356) | (1.486) | (1.472) | ||||
Net asset value, end of period | $ | 54.03 | $ | 56.57 | $ | 63.52 | $ | 60.41 |
Total Return D | .57% | (7.49)% | 7.69% | 7.20% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .25% | .25% | .25% | .25% | ||||
Expenses net of fee waivers, if any | .25% | .25% | .25% | .25% | ||||
Expenses net of all reductions | .25% | .25% | .25% | .25% | ||||
Net investment income (loss) | 4.04% | 2.65% | .95% | 1.62% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 107 | $ | 107 | $ | 115 | $ | 107 |
Portfolio turnover rate G | 25% | 64% | 31% | 62% H |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 18.4 | |
Fidelity Series Investment Grade Bond Fund | 12.1 | |
Fidelity Series Government Bond Index Fund | 11.8 | |
Fidelity Series Investment Grade Securitized Fund | 8.2 | |
Fidelity Series Corporate Bond Fund | 8.1 | |
Fidelity Series Treasury Bill Index Fund | 6.1 | |
Fidelity Series Emerging Markets Opportunities Fund | 4.2 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 3.9 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
Fidelity Series Government Money Market Fund 5.33% | 2.2 | |
78.9 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 7.9% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 6,722 | 98,750 | |
Fidelity Series Commodity Strategy Fund (a) | 451 | 46,405 | |
Fidelity Series Large Cap Growth Index Fund (a) | 3,464 | 62,378 | |
Fidelity Series Large Cap Stock Fund (a) | 3,497 | 69,175 | |
Fidelity Series Large Cap Value Index Fund (a) | 8,580 | 128,523 | |
Fidelity Series Small Cap Core Fund (a) | 33 | 352 | |
Fidelity Series Small Cap Opportunities Fund (a) | 2,349 | 31,634 | |
Fidelity Series Value Discovery Fund (a) | 3,091 | 47,420 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $387,828) | 484,637 | ||
International Equity Funds - 12.8% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 3,116 | 45,687 | |
Fidelity Series Emerging Markets Fund (a) | 6,580 | 57,577 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 14,378 | 259,375 | |
Fidelity Series International Growth Fund (a) | 6,947 | 115,383 | |
Fidelity Series International Index Fund (a) | 3,695 | 43,565 | |
Fidelity Series International Small Cap Fund (a) | 2,184 | 36,319 | |
Fidelity Series International Value Fund (a) | 10,139 | 116,088 | |
Fidelity Series Overseas Fund (a) | 9,088 | 115,511 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $686,522) | 789,505 | ||
Bond Funds - 69.4% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 119,639 | 1,134,177 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 10,430 | 82,192 | |
Fidelity Series Corporate Bond Fund (a) | 55,247 | 501,092 | |
Fidelity Series Emerging Markets Debt Fund (a) | 4,227 | 31,828 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 1,116 | 10,782 | |
Fidelity Series Floating Rate High Income Fund (a) | 701 | 6,301 | |
Fidelity Series Government Bond Index Fund (a) | 79,888 | 728,582 | |
Fidelity Series High Income Fund (a) | 4,052 | 33,470 | |
Fidelity Series International Credit Fund (a) | 667 | 5,135 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 28,111 | 239,506 | |
Fidelity Series Investment Grade Bond Fund (a) | 74,975 | 744,500 | |
Fidelity Series Investment Grade Securitized Fund (a) | 56,978 | 505,391 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 40,901 | 240,090 | |
Fidelity Series Real Estate Income Fund (a) | 902 | 8,745 | |
TOTAL BOND FUNDS (Cost $4,718,240) | 4,271,791 | ||
Short-Term Funds - 9.9% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 133,727 | 133,727 | |
Fidelity Series Short-Term Credit Fund (a) | 10,229 | 98,710 | |
Fidelity Series Treasury Bill Index Fund (a) | 38,061 | 378,331 | |
TOTAL SHORT-TERM FUNDS (Cost $615,262) | 610,768 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $6,407,852) | 6,156,701 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (125) |
NET ASSETS - 100.0% | 6,156,576 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 1,177,959 | 218,453 | 192,950 | 55,584 | (6,850) | (61,215) | 1,134,177 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 81,140 | 40,810 | 28,415 | 6,293 | (4,084) | (7,259) | 82,192 |
Fidelity Series Blue Chip Growth Fund | 131,529 | 30,503 | 83,395 | 4,212 | (15,526) | 35,639 | 98,750 |
Fidelity Series Canada Fund | 63,755 | 6,761 | 26,566 | 1,672 | 2,338 | (601) | 45,687 |
Fidelity Series Commodity Strategy Fund | 100,692 | 64,519 | 59,130 | 52,719 | (28,237) | (31,439) | 46,405 |
Fidelity Series Corporate Bond Fund | 495,223 | 95,264 | 66,004 | 19,069 | (299) | (23,092) | 501,092 |
Fidelity Series Emerging Markets Debt Fund | 34,850 | 4,092 | 7,635 | 1,984 | (1,860) | 2,381 | 31,828 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 11,534 | 558 | 2,875 | - | (376) | 1,941 | 10,782 |
Fidelity Series Emerging Markets Fund | 45,177 | 20,541 | 12,262 | 990 | (1,884) | 6,005 | 57,577 |
Fidelity Series Emerging Markets Opportunities Fund | 409,947 | 25,955 | 204,430 | 8,289 | (26,973) | 54,876 | 259,375 |
Fidelity Series Floating Rate High Income Fund | 6,700 | 840 | 1,342 | 529 | (48) | 151 | 6,301 |
Fidelity Series Government Bond Index Fund | 727,371 | 152,573 | 105,851 | 17,019 | (2,006) | (43,505) | 728,582 |
Fidelity Series Government Money Market Fund 5.33% | 109,031 | 68,050 | 43,354 | 5,397 | - | - | 133,727 |
Fidelity Series High Income Fund | 36,176 | 4,507 | 6,261 | 2,205 | (493) | (459) | 33,470 |
Fidelity Series International Credit Fund | 5,389 | 300 | - | 300 | - | (554) | 5,135 |
Fidelity Series International Developed Markets Bond Index Fund | 267,488 | 25,213 | 35,604 | 5,674 | (3,852) | (13,739) | 239,506 |
Fidelity Series International Growth Fund | 132,711 | 17,481 | 44,749 | 4,006 | (3,574) | 13,514 | 115,383 |
Fidelity Series International Index Fund | 55,569 | 5,812 | 23,977 | 1,285 | 791 | 5,370 | 43,565 |
Fidelity Series International Small Cap Fund | 40,933 | 4,789 | 10,078 | 2,206 | (545) | 1,220 | 36,319 |
Fidelity Series International Value Fund | 131,571 | 17,802 | 51,949 | 3,923 | 181 | 18,483 | 116,088 |
Fidelity Series Investment Grade Bond Fund | 751,853 | 139,115 | 105,069 | 28,008 | (1,248) | (40,151) | 744,500 |
Fidelity Series Investment Grade Securitized Fund | 531,821 | 87,852 | 75,463 | 17,142 | (1,232) | (37,587) | 505,391 |
Fidelity Series Large Cap Growth Index Fund | 83,223 | 14,284 | 44,301 | 627 | 4,529 | 4,643 | 62,378 |
Fidelity Series Large Cap Stock Fund | 91,164 | 17,084 | 46,013 | 5,447 | 3,323 | 3,617 | 69,175 |
Fidelity Series Large Cap Value Index Fund | 174,072 | 34,866 | 84,870 | 5,156 | 6,723 | (2,268) | 128,523 |
Fidelity Series Long-Term Treasury Bond Index Fund | 301,592 | 70,944 | 93,801 | 7,985 | (19,139) | (19,506) | 240,090 |
Fidelity Series Overseas Fund | 133,492 | 14,006 | 45,900 | 2,110 | (794) | 14,707 | 115,511 |
Fidelity Series Real Estate Income Fund | 18,845 | 3,814 | 11,995 | 1,531 | (1,507) | (412) | 8,745 |
Fidelity Series Short-Term Credit Fund | 108,776 | 6,506 | 16,214 | 2,468 | (351) | (7) | 98,710 |
Fidelity Series Small Cap Core Fund | - | 872 | 553 | - | (7) | 40 | 352 |
Fidelity Series Small Cap Opportunities Fund | 43,997 | 6,269 | 20,407 | 1,990 | 114 | 1,661 | 31,634 |
Fidelity Series Treasury Bill Index Fund | 327,268 | 156,981 | 104,845 | 15,562 | (207) | (866) | 378,331 |
Fidelity Series Value Discovery Fund | 64,198 | 11,969 | 28,941 | 2,742 | 1,696 | (1,502) | 47,420 |
6,695,046 | 1,369,385 | 1,685,199 | 284,124 | (101,397) | (119,914) | 6,156,701 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 484,637 | 484,637 | - | - |
International Equity Funds | 789,505 | 789,505 | - | - |
Bond Funds | 4,271,791 | 4,271,791 | - | - |
Short-Term Funds | 610,768 | 610,768 | - | - |
Total Investments in Securities: | 6,156,701 | 6,156,701 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $6,407,852) | $ | 6,156,701 | ||
Total Investment in Securities (cost $6,407,852) | $ | 6,156,701 | ||
Cash | 56 | |||
Receivable for investments sold | 61,054 | |||
Receivable for fund shares sold | 216 | |||
Total assets | 6,218,027 | |||
Liabilities | ||||
Payable for investments purchased | $ | 46,888 | ||
Payable for fund shares redeemed | 12,184 | |||
Accrued management fee | 2,322 | |||
Distribution and service plan fees payable | 57 | |||
Total Liabilities | 61,451 | |||
Net Assets | $ | 6,156,576 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 6,534,673 | ||
Total accumulated earnings (loss) | (378,097) | |||
Net Assets | $ | 6,156,576 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($240,840 ÷ 4,667.79 shares)(a) | $ | 51.60 | ||
Maximum offering price per share (100/94.25 of $51.60) | $ | 54.75 | ||
Fidelity Managed Retirement 2010 : | ||||
Net Asset Value, offering price and redemption price per share ($5,238,900 ÷ 101,451 shares) | $ | 51.64 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($128,559 ÷ 2,490.65 shares) | $ | 51.62 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($289,695 ÷ 5,612.44 shares) | $ | 51.62 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($93,067 ÷ 1,802.63 shares) | $ | 51.63 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($165,515 ÷ 3,206.96 shares) | $ | 51.61 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 266,618 | ||
Expenses | ||||
Management fee | $ | 28,214 | ||
Distribution and service plan fees | 728 | |||
Independent trustees' fees and expenses | 23 | |||
Total expenses before reductions | 28,965 | |||
Expense reductions | (2) | |||
Total expenses after reductions | 28,963 | |||
Net Investment income (loss) | 237,655 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (101,397) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 17,506 | |||
Total net realized gain (loss) | (83,891) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (119,914) | |||
Total change in net unrealized appreciation (depreciation) | (119,914) | |||
Net gain (loss) | (203,805) | |||
Net increase (decrease) in net assets resulting from operations | $ | 33,850 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 237,655 | $ | 175,948 |
Net realized gain (loss) | (83,891) | 200,489 | ||
Change in net unrealized appreciation (depreciation) | (119,914) | (952,936) | ||
Net increase (decrease) in net assets resulting from operations | 33,850 | (576,499) | ||
Distributions to shareholders | (339,967) | (449,109) | ||
Share transactions - net increase (decrease) | (232,213) | 11,415 | ||
Total increase (decrease) in net assets | (538,330) | (1,014,193) | ||
Net Assets | ||||
Beginning of period | 6,694,906 | 7,709,099 | ||
End of period | $ | 6,156,576 | $ | 6,694,906 |
Fidelity Advisor Managed Retirement 2010 Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 54.07 | $ | 62.41 | $ | 58.79 | $ | 56.34 | $ | 56.78 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.772 | 1.275 | .342 | .777 | .979 | |||||
Net realized and unrealized gain (loss) | (1.646) | (6.182) | 5.126 | 3.204 | 1.401 | |||||
Total from investment operations | .126 | (4.907) | 5.468 | 3.981 | 2.380 | |||||
Distributions from net investment income | (1.726) | (1.207) | (.379) | (.812) | (1.001) | |||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | (1.819) | |||||
Total distributions | (2.596) | (3.433) | (1.848) | (1.531) | (2.820) | |||||
Net asset value, end of period | $ | 51.60 | $ | 54.07 | $ | 62.41 | $ | 58.79 | $ | 56.34 |
Total Return C,D | .45% | (8.32)% | 9.46% | 7.19% | 4.47% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .71% | .71% | .71% | .71% | .75% | |||||
Expenses net of fee waivers, if any | .71% | .71% | .71% | .71% | .75% | |||||
Expenses net of all reductions | .71% | .71% | .71% | .71% | .75% | |||||
Net investment income (loss) | 3.48% | 2.21% | .56% | 1.37% | 1.78% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 241 | $ | 325 | $ | 394 | $ | 188 | $ | 202 |
Portfolio turnover rate G | 22% | 54% | 41% | 45% | 62% |
Fidelity Managed Retirement 2010 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 54.12 | $ | 62.47 | $ | 58.82 | $ | 56.37 | $ | 56.80 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.899 | 1.421 | .493 | .920 | 1.113 | |||||
Net realized and unrealized gain (loss) | (1.652) | (6.181) | 5.129 | 3.204 | 1.402 | |||||
Total from investment operations | .247 | (4.760) | 5.622 | 4.124 | 2.515 | |||||
Distributions from net investment income | (1.857) | (1.364) | (.503) | (.955) | (1.126) | |||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | (1.819) | |||||
Total distributions | (2.727) | (3.590) | (1.972) | (1.674) | (2.945) | |||||
Net asset value, end of period | $ | 51.64 | $ | 54.12 | $ | 62.47 | $ | 58.82 | $ | 56.37 |
Total Return C | .69% | (8.08)% | 9.73% | 7.46% | 4.73% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .46% | .46% | .46% | .46% | .50% | |||||
Expenses net of fee waivers, if any | .46% | .46% | .46% | .46% | .50% | |||||
Expenses net of all reductions | .46% | .46% | .46% | .46% | .50% | |||||
Net investment income (loss) | 3.73% | 2.46% | .81% | 1.62% | 2.02% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 5,239 | $ | 5,655 | $ | 6,728 | $ | 7,144 | $ | 9,091 |
Portfolio turnover rate F | 22% | 54% | 41% | 45% | 62% |
Fidelity Managed Retirement 2010 Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 54.10 | $ | 62.45 | $ | 58.81 | $ | 56.39 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.947 | 1.474 | .554 | .976 | ||||
Net realized and unrealized gain (loss) | (1.646) | (6.173) | 5.122 | 3.182 | ||||
Total from investment operations | .301 | (4.699) | 5.676 | 4.158 | ||||
Distributions from net investment income | (1.911) | (1.425) | (.567) | (1.019) | ||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | ||||
Total distributions | (2.781) | (3.651) | (2.036) | (1.738) | ||||
Net asset value, end of period | $ | 51.62 | $ | 54.10 | $ | 62.45 | $ | 58.81 |
Total Return D,E | .80% | (7.99)% | 9.83% | 7.52% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .36% | .36% | .36% | .36% | ||||
Expenses net of fee waivers, if any | .36% | .36% | .36% | .36% | ||||
Expenses net of all reductions | .36% | .36% | .36% | .36% | ||||
Net investment income (loss) | 3.83% | 2.56% | .91% | 1.72% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 129 | $ | 109 | $ | 118 | $ | 108 |
Portfolio turnover rate H | 22% | 54% | 41% | 45% |
Fidelity Managed Retirement 2010 Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 54.10 | $ | 62.46 | $ | 58.82 | $ | 56.39 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 2.000 | 1.503 | .615 | 1.029 | ||||
Net realized and unrealized gain (loss) | (1.650) | (6.145) | 5.120 | 3.191 | ||||
Total from investment operations | .350 | (4.642) | 5.735 | 4.220 | ||||
Distributions from net investment income | (1.960) | (1.492) | (.626) | (1.071) | ||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | ||||
Total distributions | (2.830) | (3.718) | (2.095) | (1.790) | ||||
Net asset value, end of period | $ | 51.62 | $ | 54.10 | $ | 62.46 | $ | 58.82 |
Total Return D,E | .90% | (7.90)% | 9.94% | 7.64% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .26% | .26% | .26% | .26% | ||||
Expenses net of fee waivers, if any | .26% | .26% | .26% | .26% | ||||
Expenses net of all reductions | .26% | .26% | .26% | .26% | ||||
Net investment income (loss) | 3.93% | 2.65% | 1.01% | 1.82% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 290 | $ | 337 | $ | 174 | $ | 160 |
Portfolio turnover rate H | 22% | 54% | 41% | 45% |
Fidelity Advisor Managed Retirement 2010 Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 54.11 | $ | 62.46 | $ | 58.82 | $ | 56.36 | $ | 56.79 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.898 | 1.417 | .493 | .919 | 1.105 | |||||
Net realized and unrealized gain (loss) | (1.652) | (6.176) | 5.120 | 3.213 | 1.414 | |||||
Total from investment operations | .246 | (4.759) | 5.613 | 4.132 | 2.519 | |||||
Distributions from net investment income | (1.856) | (1.365) | (.504) | (.953) | (1.130) | |||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | (1.819) | |||||
Total distributions | (2.726) | (3.591) | (1.973) | (1.672) | (2.949) | |||||
Net asset value, end of period | $ | 51.63 | $ | 54.11 | $ | 62.46 | $ | 58.82 | $ | 56.36 |
Total Return C | .69% | (8.08)% | 9.72% | 7.47% | 4.74% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .46% | .46% | .46% | .46% | .50% | |||||
Expenses net of fee waivers, if any | .46% | .46% | .46% | .46% | .50% | |||||
Expenses net of all reductions | .46% | .46% | .46% | .46% | .50% | |||||
Net investment income (loss) | 3.73% | 2.46% | .81% | 1.62% | 2.03% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 93 | $ | 103 | $ | 113 | $ | 113 | $ | 110 |
Portfolio turnover rate F | 22% | 54% | 41% | 45% | 62% |
Fidelity Advisor Managed Retirement 2010 Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 54.10 | $ | 62.45 | $ | 58.81 | $ | 56.38 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.999 | 1.532 | .614 | 1.029 | ||||
Net realized and unrealized gain (loss) | (1.658) | (6.173) | 5.122 | 3.191 | ||||
Total from investment operations | .341 | (4.641) | 5.736 | 4.220 | ||||
Distributions from net investment income | (1.961) | (1.483) | (.627) | (1.071) | ||||
Distributions from net realized gain | (.870) | (2.226) | (1.469) | (.719) | ||||
Total distributions | (2.831) | (3.709) | (2.096) | (1.790) | ||||
Net asset value, end of period | $ | 51.61 | $ | 54.10 | $ | 62.45 | $ | 58.81 |
Total Return D,E | .88% | (7.90)% | 9.94% | 7.64% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .26% | .26% | .26% | .26% | ||||
Expenses net of fee waivers, if any | .26% | .26% | .26% | .26% | ||||
Expenses net of all reductions | .26% | .26% | .26% | .26% | ||||
Net investment income (loss) | 3.93% | 2.65% | 1.01% | 1.82% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 166 | $ | 166 | $ | 183 | $ | 169 |
Portfolio turnover rate H | 22% | 54% | 41% | 45% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 14.4 | |
Fidelity Series Investment Grade Bond Fund | 11.3 | |
Fidelity Series Government Bond Index Fund | 11.1 | |
Fidelity Series Investment Grade Securitized Fund | 7.7 | |
Fidelity Series Corporate Bond Fund | 7.6 | |
Fidelity Series Treasury Bill Index Fund | 5.0 | |
Fidelity Series Emerging Markets Opportunities Fund | 4.8 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.1 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
Fidelity Series Large Cap Value Index Fund | 3.2 | |
73.1 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 11.8% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 10,760 | 158,062 | |
Fidelity Series Commodity Strategy Fund (a) | 466 | 47,955 | |
Fidelity Series Large Cap Growth Index Fund (a) | 5,544 | 99,840 | |
Fidelity Series Large Cap Stock Fund (a) | 5,597 | 110,718 | |
Fidelity Series Large Cap Value Index Fund (a) | 13,733 | 205,725 | |
Fidelity Series Small Cap Core Fund (a) | 51 | 555 | |
Fidelity Series Small Cap Opportunities Fund (a) | 3,758 | 50,622 | |
Fidelity Series Value Discovery Fund (a) | 4,948 | 75,895 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $598,183) | 749,372 | ||
International Equity Funds - 15.4% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 4,008 | 58,763 | |
Fidelity Series Emerging Markets Fund (a) | 8,010 | 70,089 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 16,815 | 303,349 | |
Fidelity Series International Growth Fund (a) | 8,924 | 148,236 | |
Fidelity Series International Index Fund (a) | 4,753 | 56,036 | |
Fidelity Series International Small Cap Fund (a) | 2,796 | 46,495 | |
Fidelity Series International Value Fund (a) | 13,035 | 149,252 | |
Fidelity Series Overseas Fund (a) | 11,676 | 148,400 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $847,080) | 980,620 | ||
Bond Funds - 64.8% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 96,382 | 913,699 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 26,059 | 205,342 | |
Fidelity Series Corporate Bond Fund (a) | 53,346 | 483,851 | |
Fidelity Series Emerging Markets Debt Fund (a) | 4,367 | 32,880 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 1,155 | 11,156 | |
Fidelity Series Floating Rate High Income Fund (a) | 717 | 6,448 | |
Fidelity Series Government Bond Index Fund (a) | 77,140 | 703,521 | |
Fidelity Series High Income Fund (a) | 4,185 | 34,568 | |
Fidelity Series International Credit Fund (a) | 290 | 2,232 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 29,379 | 250,310 | |
Fidelity Series Investment Grade Bond Fund (a) | 72,396 | 718,888 | |
Fidelity Series Investment Grade Securitized Fund (a) | 55,018 | 488,006 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 44,069 | 258,683 | |
Fidelity Series Real Estate Income Fund (a) | 922 | 8,943 | |
TOTAL BOND FUNDS (Cost $4,627,419) | 4,118,527 | ||
Short-Term Funds - 8.0% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 113,784 | 113,784 | |
Fidelity Series Short-Term Credit Fund (a) | 7,915 | 76,378 | |
Fidelity Series Treasury Bill Index Fund (a) | 31,873 | 316,813 | |
TOTAL SHORT-TERM FUNDS (Cost $510,298) | 506,975 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $6,582,980) | 6,355,494 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (342) |
NET ASSETS - 100.0% | 6,355,152 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 994,376 | 204,819 | 229,396 | 44,226 | (4,046) | (51,082) | 913,699 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 229,067 | 65,823 | 59,002 | 14,156 | (7,553) | (22,993) | 205,342 |
Fidelity Series Blue Chip Growth Fund | 209,150 | 43,462 | 127,385 | 6,450 | (24,475) | 57,310 | 158,062 |
Fidelity Series Canada Fund | 85,646 | 9,148 | 38,252 | 2,128 | 6,751 | (4,530) | 58,763 |
Fidelity Series Commodity Strategy Fund | 110,544 | 70,861 | 69,777 | 56,228 | (28,637) | (35,036) | 47,955 |
Fidelity Series Corporate Bond Fund | 505,723 | 101,618 | 100,467 | 18,278 | (3,685) | (19,338) | 483,851 |
Fidelity Series Emerging Markets Debt Fund | 38,274 | 4,345 | 10,265 | 2,041 | (2,761) | 3,287 | 32,880 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 12,707 | 572 | 3,719 | - | (550) | 2,146 | 11,156 |
Fidelity Series Emerging Markets Fund | 55,240 | 27,196 | 17,664 | 1,140 | (1,919) | 7,236 | 70,089 |
Fidelity Series Emerging Markets Opportunities Fund | 499,014 | 26,447 | 254,141 | 9,566 | (29,141) | 61,170 | 303,349 |
Fidelity Series Floating Rate High Income Fund | 7,347 | 2,113 | 3,113 | 539 | (113) | 214 | 6,448 |
Fidelity Series Government Bond Index Fund | 742,814 | 164,771 | 159,340 | 16,303 | (5,081) | (39,643) | 703,521 |
Fidelity Series Government Money Market Fund 5.33% | 91,044 | 71,273 | 48,533 | 4,497 | - | - | 113,784 |
Fidelity Series High Income Fund | 39,670 | 5,022 | 9,130 | 2,266 | (910) | (84) | 34,568 |
Fidelity Series International Credit Fund | 2,343 | 130 | - | 130 | - | (241) | 2,232 |
Fidelity Series International Developed Markets Bond Index Fund | 293,341 | 38,015 | 62,505 | 5,810 | (3,919) | (14,622) | 250,310 |
Fidelity Series International Growth Fund | 178,276 | 22,168 | 64,573 | 5,096 | (2,447) | 14,812 | 148,236 |
Fidelity Series International Index Fund | 74,651 | 7,473 | 33,834 | 1,634 | 2,753 | 4,993 | 56,036 |
Fidelity Series International Small Cap Fund | 54,975 | 5,549 | 14,775 | 2,806 | (437) | 1,183 | 46,495 |
Fidelity Series International Value Fund | 176,756 | 20,426 | 71,491 | 4,990 | 713 | 22,848 | 149,252 |
Fidelity Series Investment Grade Bond Fund | 767,790 | 152,809 | 161,046 | 26,845 | (4,681) | (35,984) | 718,888 |
Fidelity Series Investment Grade Securitized Fund | 543,101 | 95,105 | 112,038 | 16,422 | (5,140) | (33,022) | 488,006 |
Fidelity Series Large Cap Growth Index Fund | 132,345 | 21,150 | 68,611 | 984 | 8,436 | 6,520 | 99,840 |
Fidelity Series Large Cap Stock Fund | 144,986 | 25,095 | 70,730 | 8,317 | 5,479 | 5,888 | 110,718 |
Fidelity Series Large Cap Value Index Fund | 276,852 | 45,178 | 123,959 | 8,105 | 10,659 | (3,005) | 205,725 |
Fidelity Series Long-Term Treasury Bond Index Fund | 343,883 | 75,407 | 118,568 | 8,532 | (20,219) | (21,820) | 258,683 |
Fidelity Series Overseas Fund | 179,321 | 17,683 | 65,911 | 2,684 | 4,333 | 12,974 | 148,400 |
Fidelity Series Real Estate Income Fund | 22,362 | 3,281 | 14,592 | 1,639 | (1,599) | (509) | 8,943 |
Fidelity Series Short-Term Credit Fund | 90,832 | 5,659 | 19,775 | 1,920 | (499) | 161 | 76,378 |
Fidelity Series Small Cap Core Fund | - | 1,348 | 846 | - | (10) | 63 | 555 |
Fidelity Series Small Cap Opportunities Fund | 70,833 | 9,326 | 32,578 | 3,061 | 410 | 2,631 | 50,622 |
Fidelity Series Treasury Bill Index Fund | 273,248 | 157,718 | 113,280 | 12,787 | (241) | (632) | 316,813 |
Fidelity Series Value Discovery Fund | 102,106 | 17,824 | 44,497 | 4,302 | 2,395 | (1,933) | 75,895 |
7,348,617 | 1,518,814 | 2,323,793 | 293,882 | (106,134) | (81,038) | 6,355,494 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 749,372 | 749,372 | - | - |
International Equity Funds | 980,620 | 980,620 | - | - |
Bond Funds | 4,118,527 | 4,118,527 | - | - |
Short-Term Funds | 506,975 | 506,975 | - | - |
Total Investments in Securities: | 6,355,494 | 6,355,494 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $6,582,980) | $ | 6,355,494 | ||
Total Investment in Securities (cost $6,582,980) | $ | 6,355,494 | ||
Cash | 5 | |||
Receivable for investments sold | 68,311 | |||
Receivable for fund shares sold | 100 | |||
Total assets | 6,423,910 | |||
Liabilities | ||||
Payable for investments purchased | $ | 66,081 | ||
Payable for fund shares redeemed | 33 | |||
Accrued management fee | 2,408 | |||
Distribution and service plan fees payable | 236 | |||
Total Liabilities | 68,758 | |||
Net Assets | $ | 6,355,152 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 6,763,395 | ||
Total accumulated earnings (loss) | (408,243) | |||
Net Assets | $ | 6,355,152 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($1,042,878 ÷ 20,655.93 shares)(a) | $ | 50.49 | ||
Maximum offering price per share (100/94.25 of $50.49) | $ | 53.57 | ||
Fidelity Managed Retirement 2015 : | ||||
Net Asset Value, offering price and redemption price per share ($4,612,323 ÷ 91,271.13 shares) | $ | 50.53 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($171,249 ÷ 3,389.72 shares) | $ | 50.52 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($162,262 ÷ 3,210.1 shares) | $ | 50.55 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($253,025 ÷ 5,006.2 shares) | $ | 50.54 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($113,415 ÷ 2,243.5 shares) | $ | 50.55 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 268,301 | ||
Expenses | ||||
Management fee | $ | 29,150 | ||
Distribution and service plan fees | 2,893 | |||
Independent trustees' fees and expenses | 24 | |||
Total expenses before reductions | 32,067 | |||
Expense reductions | (13) | |||
Total expenses after reductions | 32,054 | |||
Net Investment income (loss) | 236,247 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (106,134) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 25,581 | |||
Total net realized gain (loss) | (80,553) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (81,038) | |||
Total change in net unrealized appreciation (depreciation) | (81,038) | |||
Net gain (loss) | (161,591) | |||
Net increase (decrease) in net assets resulting from operations | $ | 74,656 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 236,247 | $ | 200,628 |
Net realized gain (loss) | (80,553) | 197,576 | ||
Change in net unrealized appreciation (depreciation) | (81,038) | (1,146,423) | ||
Net increase (decrease) in net assets resulting from operations | 74,656 | (748,219) | ||
Distributions to shareholders | (338,146) | (451,806) | ||
Share transactions - net increase (decrease) | (729,610) | (374,012) | ||
Total increase (decrease) in net assets | (993,100) | (1,574,037) | ||
Net Assets | ||||
Beginning of period | 7,348,252 | 8,922,289 | ||
End of period | $ | 6,355,152 | $ | 7,348,252 |
Fidelity Advisor Managed Retirement 2015 Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 52.42 | $ | 60.51 | $ | 55.51 | $ | 53.13 | $ | 53.98 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.675 | 1.241 | .335 | .690 | .887 | |||||
Net realized and unrealized gain (loss) | (1.158) | (6.395) | 6.385 | 3.244 | 1.236 | |||||
Total from investment operations | .517 | (5.154) | 6.720 | 3.934 | 2.123 | |||||
Distributions from net investment income | (1.647) | (1.207) | (.369) | (.769) | (.884) | |||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | (2.089) | |||||
Total distributions | (2.447) | (2.936) | (1.720) | (1.554) | (2.973) | |||||
Net asset value, end of period | $ | 50.49 | $ | 52.42 | $ | 60.51 | $ | 55.51 | $ | 53.13 |
Total Return C,D | 1.25% | (8.96)% | 12.31% | 7.54% | 4.26% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .71% | .71% | .72% | .72% | .78% | |||||
Expenses net of fee waivers, if any | .71% | .71% | .72% | .72% | .78% | |||||
Expenses net of all reductions | .71% | .71% | .72% | .72% | .78% | |||||
Net investment income (loss) | 3.39% | 2.20% | .58% | 1.30% | 1.71% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,043 | $ | 1,242 | $ | 1,461 | $ | 1,024 | $ | 244 |
Portfolio turnover rate G | 23% | 60% | 32% | 61% | 67% |
Fidelity Managed Retirement 2015 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 52.47 | $ | 60.56 | $ | 55.53 | $ | 53.11 | $ | 53.97 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.799 | 1.389 | .481 | .825 | 1.017 | |||||
Net realized and unrealized gain (loss) | (1.166) | (6.410) | 6.395 | 3.250 | 1.226 | |||||
Total from investment operations | .633 | (5.021) | 6.876 | 4.075 | 2.243 | |||||
Distributions from net investment income | (1.773) | (1.340) | (.495) | (.870) | (1.014) | |||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | (2.089) | |||||
Total distributions | (2.573) | (3.069) | (1.846) | (1.655) | (3.103) | |||||
Net asset value, end of period | $ | 50.53 | $ | 52.47 | $ | 60.56 | $ | 55.53 | $ | 53.11 |
Total Return C | 1.49% | (8.74)% | 12.60% | 7.83% | 4.50% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .46% | .46% | .47% | .47% | .53% | |||||
Expenses net of fee waivers, if any | .46% | .46% | .47% | .47% | .53% | |||||
Expenses net of all reductions | .46% | .46% | .47% | .47% | .53% | |||||
Net investment income (loss) | 3.64% | 2.45% | .83% | 1.55% | 1.96% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 4,612 | $ | 4,768 | $ | 6,736 | $ | 5,155 | $ | 4,087 |
Portfolio turnover rate F | 23% | 60% | 32% | 61% | 67% |
Fidelity Managed Retirement 2015 Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 52.46 | $ | 60.55 | $ | 55.52 | $ | 53.08 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.845 | 1.436 | .539 | .879 | ||||
Net realized and unrealized gain (loss) | (1.158) | (6.395) | 6.392 | 3.270 | ||||
Total from investment operations | .687 | (4.959) | 6.931 | 4.149 | ||||
Distributions from net investment income | (1.827) | (1.402) | (.550) | (.924) | ||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | ||||
Total distributions | (2.627) | (3.131) | (1.901) | (1.709) | ||||
Net asset value, end of period | $ | 50.52 | $ | 52.46 | $ | 60.55 | $ | 55.52 |
Total Return D | 1.60% | (8.64)% | 12.71% | 7.98% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .36% | .36% | .37% | .37% | ||||
Expenses net of fee waivers, if any | .36% | .36% | .37% | .37% | ||||
Expenses net of all reductions | .36% | .36% | .37% | .37% | ||||
Net investment income (loss) | 3.74% | 2.55% | .93% | 1.65% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 171 | $ | 111 | $ | 122 | $ | 108 |
Portfolio turnover rate G | 23% | 60% | 32% | 61% |
Fidelity Managed Retirement 2015 Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 52.46 | $ | 60.56 | $ | 55.53 | $ | 53.08 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.920 | 1.434 | .597 | .932 | ||||
Net realized and unrealized gain (loss) | (1.181) | (6.334) | 6.391 | 3.274 | ||||
Total from investment operations | .739 | (4.900) | 6.988 | 4.206 | ||||
Distributions from net investment income | (1.849) | (1.471) | (.607) | (.971) | ||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | ||||
Total distributions | (2.649) | (3.200) | (1.958) | (1.756) | ||||
Net asset value, end of period | $ | 50.55 | $ | 52.46 | $ | 60.56 | $ | 55.53 |
Total Return D,E | 1.70% | (8.54)% | 12.82% | 8.09% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .26% | .26% | .27% | .27% | ||||
Expenses net of fee waivers, if any | .26% | .26% | .27% | .27% | ||||
Expenses net of all reductions | .25% | .26% | .27% | .27% | ||||
Net investment income (loss) | 3.85% | 2.65% | 1.03% | 1.75% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 162 | $ | 837 | $ | 204 | $ | 112 |
Portfolio turnover rate H | 23% | 60% | 32% | 61% |
Fidelity Advisor Managed Retirement 2015 Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 52.48 | $ | 60.57 | $ | 55.54 | $ | 53.12 | $ | 53.98 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.799 | 1.376 | .481 | .827 | 1.015 | |||||
Net realized and unrealized gain (loss) | (1.168) | (6.387) | 6.390 | 3.242 | 1.227 | |||||
Total from investment operations | .631 | (5.011) | 6.871 | 4.069 | 2.242 | |||||
Distributions from net investment income | (1.771) | (1.350) | (.490) | (.864) | (1.013) | |||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | (2.089) | |||||
Total distributions | (2.571) | (3.079) | (1.841) | (1.649) | (3.102) | |||||
Net asset value, end of period | $ | 50.54 | $ | 52.48 | $ | 60.57 | $ | 55.54 | $ | 53.12 |
Total Return C | 1.48% | (8.72)% | 12.59% | 7.81% | 4.50% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .46% | .46% | .47% | .47% | .53% | |||||
Expenses net of fee waivers, if any | .46% | .46% | .47% | .47% | .53% | |||||
Expenses net of all reductions | .46% | .46% | .47% | .47% | .53% | |||||
Net investment income (loss) | 3.64% | 2.45% | .83% | 1.55% | 1.97% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 253 | $ | 279 | $ | 278 | $ | 274 | $ | 287 |
Portfolio turnover rate F | 23% | 60% | 32% | 61% | 67% |
Fidelity Advisor Managed Retirement 2015 Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 52.49 | $ | 60.58 | $ | 55.55 | $ | 53.09 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.898 | 1.493 | .597 | .932 | ||||
Net realized and unrealized gain (loss) | (1.165) | (6.396) | 6.390 | 3.276 | ||||
Total from investment operations | .733 | (4.903) | 6.987 | 4.208 | ||||
Distributions from net investment income | (1.873) | (1.458) | (.606) | (.963) | ||||
Distributions from net realized gain | (.800) | (1.729) | (1.351) | (.785) | ||||
Total distributions | (2.673) | (3.187) | (1.957) | (1.748) | ||||
Net asset value, end of period | $ | 50.55 | $ | 52.49 | $ | 60.58 | $ | 55.55 |
Total Return D | 1.69% | (8.54)% | 12.81% | 8.09% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .26% | .26% | .27% | .27% | ||||
Expenses net of fee waivers, if any | .26% | .26% | .27% | .27% | ||||
Expenses net of all reductions | .26% | .26% | .27% | .27% | ||||
Net investment income (loss) | 3.84% | 2.65% | 1.03% | 1.75% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 113 | $ | 112 | $ | 122 | $ | 108 |
Portfolio turnover rate G | 23% | 60% | 32% | 61% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 10.5 | |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 10.3 | |
Fidelity Series Government Bond Index Fund | 10.3 | |
Fidelity Series Investment Grade Securitized Fund | 7.2 | |
Fidelity Series Corporate Bond Fund | 7.1 | |
Fidelity Series Emerging Markets Opportunities Fund | 5.3 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 5.1 | |
Fidelity Series Large Cap Value Index Fund | 4.4 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.3 | |
Fidelity Series International Developed Markets Bond Index Fund | 4.0 | |
68.5 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 15.7% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 20,082 | 295,007 | |
Fidelity Series Commodity Strategy Fund (a) | 642 | 66,092 | |
Fidelity Series Large Cap Growth Index Fund (a) | 10,345 | 186,316 | |
Fidelity Series Large Cap Stock Fund (a) | 10,446 | 206,623 | |
Fidelity Series Large Cap Value Index Fund (a) | 25,634 | 383,990 | |
Fidelity Series Small Cap Core Fund (a) | 125 | 1,355 | |
Fidelity Series Small Cap Opportunities Fund (a) | 7,010 | 94,427 | |
Fidelity Series Value Discovery Fund (a) | 9,231 | 141,611 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,123,482) | 1,375,421 | ||
International Equity Funds - 18.0% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 6,595 | 96,684 | |
Fidelity Series Emerging Markets Fund (a) | 13,280 | 116,200 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 25,655 | 462,813 | |
Fidelity Series International Growth Fund (a) | 14,687 | 243,958 | |
Fidelity Series International Index Fund (a) | 7,820 | 92,199 | |
Fidelity Series International Small Cap Fund (a) | 4,592 | 76,370 | |
Fidelity Series International Value Fund (a) | 21,450 | 245,605 | |
Fidelity Series Overseas Fund (a) | 19,215 | 244,227 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,393,308) | 1,578,056 | ||
Bond Funds - 60.3% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 95,319 | 903,622 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 56,906 | 448,419 | |
Fidelity Series Corporate Bond Fund (a) | 68,471 | 621,030 | |
Fidelity Series Emerging Markets Debt Fund (a) | 6,017 | 45,311 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 1,592 | 15,382 | |
Fidelity Series Floating Rate High Income Fund (a) | 985 | 8,858 | |
Fidelity Series Government Bond Index Fund (a) | 99,013 | 902,994 | |
Fidelity Series High Income Fund (a) | 5,751 | 47,504 | |
Fidelity Series International Credit Fund (a) | 232 | 1,789 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 40,625 | 346,129 | |
Fidelity Series Investment Grade Bond Fund (a) | 92,921 | 922,704 | |
Fidelity Series Investment Grade Securitized Fund (a) | 70,616 | 626,368 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 63,253 | 371,293 | |
Fidelity Series Real Estate Income Fund (a) | 1,256 | 12,187 | |
TOTAL BOND FUNDS (Cost $5,988,252) | 5,273,590 | ||
Short-Term Funds - 6.0% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 123,748 | 123,748 | |
Fidelity Series Short-Term Credit Fund (a) | 7,172 | 69,208 | |
Fidelity Series Treasury Bill Index Fund (a) | 33,730 | 335,280 | |
TOTAL SHORT-TERM FUNDS (Cost $531,125) | 528,236 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $9,036,167) | 8,755,303 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (193) |
NET ASSETS - 100.0% | 8,755,110 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 973,591 | 273,687 | 285,949 | 44,985 | (7,199) | (49,519) | 903,622 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 515,293 | 152,853 | 147,174 | 31,384 | (18,842) | (53,711) | 448,419 |
Fidelity Series Blue Chip Growth Fund | 382,544 | 88,209 | 234,898 | 12,378 | (63,301) | 122,453 | 295,007 |
Fidelity Series Canada Fund | 141,395 | 19,962 | 67,686 | 3,599 | 5,679 | (2,666) | 96,684 |
Fidelity Series Commodity Strategy Fund | 154,277 | 109,287 | 103,909 | 82,702 | (48,786) | (44,777) | 66,092 |
Fidelity Series Corporate Bond Fund | 653,761 | 171,098 | 170,965 | 24,046 | (14,537) | (18,327) | 621,030 |
Fidelity Series Emerging Markets Debt Fund | 53,422 | 7,890 | 16,472 | 2,898 | (2,488) | 2,959 | 45,311 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 17,731 | 1,395 | 5,921 | - | (715) | 2,892 | 15,382 |
Fidelity Series Emerging Markets Fund | 84,756 | 50,068 | 26,884 | 1,783 | (4,820) | 13,080 | 116,200 |
Fidelity Series Emerging Markets Opportunities Fund | 765,590 | 62,368 | 409,479 | 15,024 | (76,374) | 120,708 | 462,813 |
Fidelity Series Floating Rate High Income Fund | 10,170 | 3,655 | 5,096 | 761 | (175) | 304 | 8,858 |
Fidelity Series Government Bond Index Fund | 960,216 | 269,203 | 265,589 | 21,408 | (14,177) | (46,659) | 902,994 |
Fidelity Series Government Money Market Fund 5.33% | 87,618 | 90,505 | 54,375 | 4,808 | - | - | 123,748 |
Fidelity Series High Income Fund | 55,379 | 9,619 | 15,846 | 3,221 | (1,436) | (212) | 47,504 |
Fidelity Series International Credit Fund | 1,877 | 105 | - | 104 | - | (193) | 1,789 |
Fidelity Series International Developed Markets Bond Index Fund | 409,032 | 78,654 | 113,942 | 8,209 | (9,033) | (18,582) | 346,129 |
Fidelity Series International Growth Fund | 294,302 | 49,236 | 118,492 | 8,620 | (10,823) | 29,735 | 243,958 |
Fidelity Series International Index Fund | 123,237 | 16,979 | 60,327 | 2,765 | (544) | 12,854 | 92,199 |
Fidelity Series International Small Cap Fund | 90,920 | 12,024 | 27,200 | 4,746 | (3,656) | 4,282 | 76,370 |
Fidelity Series International Value Fund | 291,606 | 43,256 | 127,328 | 8,441 | (1,663) | 39,734 | 245,605 |
Fidelity Series Investment Grade Bond Fund | 992,561 | 254,766 | 268,087 | 35,313 | (18,292) | (38,244) | 922,704 |
Fidelity Series Investment Grade Securitized Fund | 702,080 | 164,909 | 188,313 | 21,579 | (14,202) | (38,106) | 626,368 |
Fidelity Series Large Cap Growth Index Fund | 242,075 | 45,554 | 128,104 | 1,858 | 15,459 | 11,332 | 186,316 |
Fidelity Series Large Cap Stock Fund | 265,195 | 55,048 | 133,999 | 15,879 | 10,017 | 10,362 | 206,623 |
Fidelity Series Large Cap Value Index Fund | 506,406 | 93,015 | 227,453 | 15,488 | 21,848 | (9,826) | 383,990 |
Fidelity Series Long-Term Treasury Bond Index Fund | 496,350 | 126,738 | 186,885 | 12,570 | (36,046) | (28,864) | 371,293 |
Fidelity Series Overseas Fund | 296,030 | 42,949 | 122,260 | 4,540 | (4,638) | 32,146 | 244,227 |
Fidelity Series Real Estate Income Fund | 31,887 | 7,675 | 24,187 | 2,354 | (2,432) | (756) | 12,187 |
Fidelity Series Short-Term Credit Fund | 87,414 | 9,547 | 27,329 | 1,843 | (810) | 386 | 69,208 |
Fidelity Series Small Cap Core Fund | - | 2,554 | 1,333 | 1 | (19) | 153 | 1,355 |
Fidelity Series Small Cap Opportunities Fund | 130,081 | 21,854 | 62,712 | 5,853 | (4,715) | 9,919 | 94,427 |
Fidelity Series Treasury Bill Index Fund | 263,033 | 245,931 | 172,730 | 13,648 | (314) | (640) | 335,280 |
Fidelity Series Value Discovery Fund | 186,766 | 40,573 | 85,925 | 8,207 | 4,553 | (4,356) | 141,611 |
10,266,595 | 2,621,166 | 3,886,849 | 421,015 | (302,481) | 57,861 | 8,755,303 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 1,375,421 | 1,375,421 | - | - |
International Equity Funds | 1,578,056 | 1,578,056 | - | - |
Bond Funds | 5,273,590 | 5,273,590 | - | - |
Short-Term Funds | 528,236 | 528,236 | - | - |
Total Investments in Securities: | 8,755,303 | 8,755,303 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $9,036,167) | $ | 8,755,303 | ||
Total Investment in Securities (cost $9,036,167) | $ | 8,755,303 | ||
Cash | 40 | |||
Receivable for investments sold | 105,418 | |||
Receivable for fund shares sold | 200 | |||
Total assets | 8,860,961 | |||
Liabilities | ||||
Payable for investments purchased | $ | 102,443 | ||
Payable for fund shares redeemed | 33 | |||
Accrued management fee | 3,307 | |||
Distribution and service plan fees payable | 68 | |||
Total Liabilities | 105,851 | |||
Net Assets | $ | 8,755,110 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 9,446,223 | ||
Total accumulated earnings (loss) | (691,113) | |||
Net Assets | $ | 8,755,110 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($234,288 ÷ 4,600.38 shares)(a) | $ | 50.93 | ||
Maximum offering price per share (100/94.25 of $50.93) | $ | 54.04 | ||
Fidelity Managed Retirement 2020 : | ||||
Net Asset Value, offering price and redemption price per share ($7,304,879 ÷ 143,227.51 shares) | $ | 51.00 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($140,566 ÷ 2,755.7 shares) | $ | 51.01 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($740,556 ÷ 14,517.07 shares) | $ | 51.01 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($218,138 ÷ 4,275.11 shares) | $ | 51.03 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($116,683 ÷ 2,287.25 shares) | $ | 51.01 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 373,528 | ||
Expenses | ||||
Management fee | $ | 41,520 | ||
Distribution and service plan fees | 1,300 | |||
Independent trustees' fees and expenses | 34 | |||
Total expenses before reductions | 42,854 | |||
Expense reductions | (1) | |||
Total expenses after reductions | 42,853 | |||
Net Investment income (loss) | 330,675 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (302,481) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 47,487 | |||
Total net realized gain (loss) | (254,994) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 57,861 | |||
Total change in net unrealized appreciation (depreciation) | 57,861 | |||
Net gain (loss) | (197,133) | |||
Net increase (decrease) in net assets resulting from operations | $ | 133,542 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 330,675 | $ | 299,008 |
Net realized gain (loss) | (254,994) | 175,685 | ||
Change in net unrealized appreciation (depreciation) | 57,861 | (1,691,577) | ||
Net increase (decrease) in net assets resulting from operations | 133,542 | (1,216,884) | ||
Distributions to shareholders | (360,184) | (584,790) | ||
Share transactions - net increase (decrease) | (1,284,586) | (1,268,088) | ||
Total increase (decrease) in net assets | (1,511,228) | (3,069,762) | ||
Net Assets | ||||
Beginning of period | 10,266,338 | 13,336,100 | ||
End of period | $ | 8,755,110 | $ | 10,266,338 |
Fidelity Advisor Managed Retirement 2020 Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 51.75 | $ | 59.83 | $ | 53.77 | $ | 51.34 | $ | 52.52 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.630 | 1.245 | .327 | .639 | .783 | |||||
Net realized and unrealized gain (loss) | (.705) | (6.741) | 7.664 | 3.282 | 1.134 | |||||
Total from investment operations | .925 | (5.496) | 7.991 | 3.921 | 1.917 | |||||
Distributions from net investment income | (1.571) | (1.232) | (.409) | (.754) | (.822) | |||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | (2.275) | |||||
Total distributions | (1.745) | (2.584) | (1.931) | (1.491) | (3.097) | |||||
Net asset value, end of period | $ | 50.93 | $ | 51.75 | $ | 59.83 | $ | 53.77 | $ | 51.34 |
Total Return C,D | 2.03% | (9.62)% | 15.15% | 7.76% | 4.02% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .72% | .72% | .72% | .72% | .81% G | |||||
Expenses net of fee waivers, if any | .72% | .72% | .72% | .72% | .81% G | |||||
Expenses net of all reductions | .72% | .72% | .72% | .72% | .81% G | |||||
Net investment income (loss) | 3.30% | 2.22% | .57% | 1.26% | 1.57% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 234 | $ | 509 | $ | 678 | $ | 155 | $ | 20 |
Portfolio turnover rate H | 28% | 67% | 35% | 69% | 86% |
Fidelity Managed Retirement 2020 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 51.84 | $ | 59.92 | $ | 53.81 | $ | 51.35 | $ | 52.53 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.755 | 1.389 | .470 | .777 | .916 | |||||
Net realized and unrealized gain (loss) | (.706) | (6.758) | 7.671 | 3.281 | 1.125 | |||||
Total from investment operations | 1.049 | (5.369) | 8.141 | 4.058 | 2.041 | |||||
Distributions from net investment income | (1.715) | (1.359) | (.509) | (.861) | (.946) | |||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | (2.275) | |||||
Total distributions | (1.889) | (2.711) | (2.031) | (1.598) | (3.221) | |||||
Net asset value, end of period | $ | 51.00 | $ | 51.84 | $ | 59.92 | $ | 53.81 | $ | 51.35 |
Total Return C | 2.29% | (9.40)% | 15.44% | 8.04% | 4.28% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .47% | .47% | .47% | .47% | .55% | |||||
Expenses net of fee waivers, if any | .47% | .47% | .47% | .47% | .55% | |||||
Expenses net of all reductions | .47% | .47% | .47% | .47% | .55% | |||||
Net investment income (loss) | 3.55% | 2.47% | .82% | 1.51% | 1.83% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 7,305 | $ | 8,171 | $ | 11,460 | $ | 6,193 | $ | 4,303 |
Portfolio turnover rate F | 28% | 67% | 35% | 69% | 86% |
Fidelity Managed Retirement 2020 Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 51.85 | $ | 59.93 | $ | 53.82 | $ | 51.28 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.804 | 1.439 | .526 | .829 | ||||
Net realized and unrealized gain (loss) | (.698) | (6.752) | 7.661 | 3.357 | ||||
Total from investment operations | 1.106 | (5.313) | 8.187 | 4.186 | ||||
Distributions from net investment income | (1.772) | (1.415) | (.555) | (.909) | ||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | ||||
Total distributions | (1.946) | (2.767) | (2.077) | (1.646) | ||||
Net asset value, end of period | $ | 51.01 | $ | 51.85 | $ | 59.93 | $ | 53.82 |
Total Return D,E | 2.41% | (9.31)% | 15.53% | 8.31% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .37% | .37% | .37% | .37% | ||||
Expenses net of fee waivers, if any | .37% | .37% | .37% | .37% | ||||
Expenses net of all reductions | .37% | .37% | .37% | .37% | ||||
Net investment income (loss) | 3.65% | 2.57% | .92% | 1.61% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 141 | $ | 113 | $ | 125 | $ | 108 |
Portfolio turnover rate H | 28% | 67% | 35% | 69% |
Fidelity Managed Retirement 2020 Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 51.85 | $ | 59.93 | $ | 53.82 | $ | 51.28 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.856 | 1.458 | .584 | .869 | ||||
Net realized and unrealized gain (loss) | (.707) | (6.709) | 7.661 | 3.369 | ||||
Total from investment operations | 1.149 | (5.251) | 8.245 | 4.238 | ||||
Distributions from net investment income | (1.815) | (1.477) | (.613) | (.961) | ||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | ||||
Total distributions | (1.989) | (2.829) | (2.135) | (1.698) | ||||
Net asset value, end of period | $ | 51.01 | $ | 51.85 | $ | 59.93 | $ | 53.82 |
Total Return D,E | 2.50% | (9.21)% | 15.65% | 8.42% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .27% | .27% | .27% | .27% | ||||
Expenses net of fee waivers, if any | .27% | .27% | .27% | .27% | ||||
Expenses net of all reductions | .27% | .27% | .27% | .27% | ||||
Net investment income (loss) | 3.75% | 2.67% | 1.02% | 1.71% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 741 | $ | 1,110 | $ | 628 | $ | 406 |
Portfolio turnover rate H | 28% | 67% | 35% | 69% |
Fidelity Advisor Managed Retirement 2020 Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 51.87 | $ | 59.95 | $ | 53.83 | $ | 51.35 | $ | 52.53 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.757 | 1.389 | .470 | .779 | .890 | |||||
Net realized and unrealized gain (loss) | (.704) | (6.761) | 7.673 | 3.282 | 1.148 | |||||
Total from investment operations | 1.053 | (5.372) | 8.143 | 4.061 | 2.038 | |||||
Distributions from net investment income | (1.719) | (1.356) | (.501) | (.844) | (.943) | |||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | (2.275) | |||||
Total distributions | (1.893) | (2.708) | (2.023) | (1.581) | (3.218) | |||||
Net asset value, end of period | $ | 51.03 | $ | 51.87 | $ | 59.95 | $ | 53.83 | $ | 51.35 |
Total Return C | 2.30% | (9.40)% | 15.44% | 8.05% | 4.27% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .47% | .47% | .47% | .47% | .55% | |||||
Expenses net of fee waivers, if any | .47% | .47% | .47% | .47% | .55% | |||||
Expenses net of all reductions | .47% | .47% | .47% | .47% | .55% | |||||
Net investment income (loss) | 3.55% | 2.47% | .82% | 1.51% | 1.83% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 218 | $ | 249 | $ | 320 | $ | 212 | $ | 291 |
Portfolio turnover rate F | 28% | 67% | 35% | 69% | 86% |
Fidelity Advisor Managed Retirement 2020 Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 51.86 | $ | 59.94 | $ | 53.82 | $ | 51.28 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.854 | 1.494 | .583 | .881 | ||||
Net realized and unrealized gain (loss) | (.711) | (6.747) | 7.669 | 3.352 | ||||
Total from investment operations | 1.143 | (5.253) | 8.252 | 4.233 | ||||
Distributions from net investment income | (1.819) | (1.475) | (.610) | (.956) | ||||
Distributions from net realized gain | (.174) | (1.352) | (1.522) | (.737) | ||||
Total distributions | (1.993) | (2.827) | (2.132) | (1.693) | ||||
Net asset value, end of period | $ | 51.01 | $ | 51.86 | $ | 59.94 | $ | 53.82 |
Total Return D,E | 2.48% | (9.21)% | 15.66% | 8.41% | ||||
Ratios to Average Net Assets B,F,G | ||||||||
Expenses before reductions | .27% | .27% | .27% | .27% | ||||
Expenses net of fee waivers, if any | .27% | .27% | .27% | .27% | ||||
Expenses net of all reductions | .27% | .27% | .27% | .27% | ||||
Net investment income (loss) | 3.75% | 2.67% | 1.02% | 1.71% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 117 | $ | 114 | $ | 125 | $ | 108 |
Portfolio turnover rate H | 28% | 67% | 35% | 69% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 9.8 | |
Fidelity Series Government Bond Index Fund | 9.6 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 7.0 | |
Fidelity Series Investment Grade Securitized Fund | 6.6 | |
Fidelity Series Corporate Bond Fund | 6.6 | |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 6.3 | |
Fidelity Series Emerging Markets Opportunities Fund | 5.9 | |
Fidelity Series Large Cap Value Index Fund | 5.5 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.4 | |
Fidelity Series Blue Chip Growth Fund | 4.2 | |
65.9 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 19.6% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 153,487 | 2,254,724 | |
Fidelity Series Commodity Strategy Fund (a) | 3,889 | 400,289 | |
Fidelity Series Large Cap Growth Index Fund (a) | 79,072 | 1,424,079 | |
Fidelity Series Large Cap Stock Fund (a) | 79,841 | 1,579,262 | |
Fidelity Series Large Cap Value Index Fund (a) | 195,930 | 2,935,027 | |
Fidelity Series Small Cap Core Fund (a) | 986 | 10,664 | |
Fidelity Series Small Cap Opportunities Fund (a) | 53,576 | 721,670 | |
Fidelity Series Value Discovery Fund (a) | 70,557 | 1,082,346 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $8,548,033) | 10,408,061 | ||
International Equity Funds - 20.6% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 46,513 | 681,876 | |
Fidelity Series Emerging Markets Fund (a) | 89,162 | 780,166 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 172,506 | 3,112,006 | |
Fidelity Series International Growth Fund (a) | 103,614 | 1,721,030 | |
Fidelity Series International Index Fund (a) | 55,155 | 650,276 | |
Fidelity Series International Small Cap Fund (a) | 32,259 | 536,459 | |
Fidelity Series International Value Fund (a) | 151,306 | 1,732,458 | |
Fidelity Series Overseas Fund (a) | 135,557 | 1,722,930 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $10,023,421) | 10,937,201 | ||
Bond Funds - 55.7% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 350,406 | 3,321,853 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 471,881 | 3,718,420 | |
Fidelity Series Corporate Bond Fund (a) | 384,164 | 3,484,368 | |
Fidelity Series Emerging Markets Debt Fund (a) | 36,445 | 274,433 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 9,643 | 93,155 | |
Fidelity Series Floating Rate High Income Fund (a) | 5,932 | 53,328 | |
Fidelity Series Government Bond Index Fund (a) | 555,532 | 5,066,451 | |
Fidelity Series High Income Fund (a) | 34,731 | 286,874 | |
Fidelity Series International Credit Fund (a) | 1,550 | 11,931 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 245,929 | 2,095,312 | |
Fidelity Series Investment Grade Bond Fund (a) | 521,349 | 5,176,995 | |
Fidelity Series Investment Grade Securitized Fund (a) | 396,205 | 3,514,342 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 398,484 | 2,339,099 | |
Fidelity Series Real Estate Income Fund (a) | 7,648 | 74,187 | |
TOTAL BOND FUNDS (Cost $33,672,745) | 29,510,748 | ||
Short-Term Funds - 4.1% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 528,417 | 528,417 | |
Fidelity Series Short-Term Credit Fund (a) | 25,204 | 243,220 | |
Fidelity Series Treasury Bill Index Fund (a) | 140,512 | 1,396,693 | |
TOTAL SHORT-TERM FUNDS (Cost $2,179,081) | 2,168,330 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $54,423,280) | 53,024,340 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (979) |
NET ASSETS - 100.0% | 53,023,361 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 3,131,574 | 1,098,305 | 721,398 | 146,926 | (15,209) | (168,191) | 3,321,853 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 3,848,965 | 1,251,245 | 836,401 | 235,442 | (67,053) | (478,336) | 3,718,420 |
Fidelity Series Blue Chip Growth Fund | 2,580,615 | 668,538 | 1,451,321 | 84,725 | (338,800) | 795,692 | 2,254,724 |
Fidelity Series Canada Fund | 892,508 | 165,376 | 403,254 | 23,412 | 11,597 | 15,649 | 681,876 |
Fidelity Series Commodity Strategy Fund | 847,095 | 619,367 | 548,818 | 459,003 | (274,311) | (243,044) | 400,289 |
Fidelity Series Corporate Bond Fund | 3,302,280 | 1,032,223 | 690,127 | 126,146 | (40,658) | (119,350) | 3,484,368 |
Fidelity Series Emerging Markets Debt Fund | 293,431 | 51,405 | 74,831 | 16,435 | (11,993) | 16,421 | 274,433 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 97,612 | 10,609 | 27,873 | - | (3,013) | 15,820 | 93,155 |
Fidelity Series Emerging Markets Fund | 505,875 | 417,865 | 208,457 | 10,933 | (40,255) | 105,138 | 780,166 |
Fidelity Series Emerging Markets Opportunities Fund | 4,566,346 | 446,365 | 2,218,168 | 92,274 | (564,640) | 882,103 | 3,112,006 |
Fidelity Series Floating Rate High Income Fund | 56,275 | 23,912 | 27,655 | 4,327 | (878) | 1,674 | 53,328 |
Fidelity Series Government Bond Index Fund | 4,850,584 | 1,596,170 | 1,067,894 | 112,587 | (56,549) | (255,860) | 5,066,451 |
Fidelity Series Government Money Market Fund 5.33% | 280,213 | 477,490 | 229,286 | 18,813 | - | - | 528,417 |
Fidelity Series High Income Fund | 303,848 | 62,607 | 71,478 | 18,255 | (5,476) | (2,627) | 286,874 |
Fidelity Series International Credit Fund | 12,522 | 696 | - | 696 | - | (1,287) | 11,931 |
Fidelity Series International Developed Markets Bond Index Fund | 2,236,726 | 524,018 | 515,963 | 46,456 | (25,483) | (123,986) | 2,095,312 |
Fidelity Series International Growth Fund | 1,858,103 | 397,792 | 678,486 | 56,081 | (68,189) | 211,810 | 1,721,030 |
Fidelity Series International Index Fund | 777,904 | 128,684 | 343,960 | 17,989 | (10,724) | 98,372 | 650,276 |
Fidelity Series International Small Cap Fund | 574,478 | 90,055 | 137,333 | 30,882 | (22,015) | 31,274 | 536,459 |
Fidelity Series International Value Fund | 1,842,603 | 319,326 | 696,747 | 54,916 | (5,630) | 272,906 | 1,732,458 |
Fidelity Series Investment Grade Bond Fund | 5,013,601 | 1,525,451 | 1,078,461 | 185,258 | (62,924) | (220,672) | 5,176,995 |
Fidelity Series Investment Grade Securitized Fund | 3,546,325 | 1,003,213 | 770,678 | 113,331 | (49,622) | (214,896) | 3,514,342 |
Fidelity Series Large Cap Growth Index Fund | 1,633,061 | 342,040 | 760,369 | 13,320 | 32,880 | 176,467 | 1,424,079 |
Fidelity Series Large Cap Stock Fund | 1,789,350 | 400,646 | 775,488 | 108,074 | 39,915 | 124,839 | 1,579,262 |
Fidelity Series Large Cap Value Index Fund | 3,416,886 | 690,713 | 1,289,567 | 109,071 | 65,838 | 51,157 | 2,935,027 |
Fidelity Series Long-Term Treasury Bond Index Fund | 2,825,179 | 818,474 | 935,136 | 73,923 | (197,453) | (171,965) | 2,339,099 |
Fidelity Series Overseas Fund | 1,868,698 | 355,996 | 700,113 | 29,538 | (50,409) | 248,758 | 1,722,930 |
Fidelity Series Real Estate Income Fund | 176,042 | 41,421 | 126,017 | 13,254 | (13,679) | (3,580) | 74,187 |
Fidelity Series Short-Term Credit Fund | 279,557 | 44,907 | 79,962 | 6,069 | (1,546) | 264 | 243,220 |
Fidelity Series Small Cap Core Fund | - | 18,066 | 8,478 | 6 | (127) | 1,203 | 10,664 |
Fidelity Series Small Cap Opportunities Fund | 873,574 | 163,970 | 362,303 | 40,116 | (32,905) | 79,334 | 721,670 |
Fidelity Series Treasury Bill Index Fund | 841,140 | 1,294,453 | 735,430 | 52,306 | (1,858) | (1,612) | 1,396,693 |
Fidelity Series Value Discovery Fund | 1,260,235 | 312,408 | 501,146 | 57,767 | 20,594 | (9,745) | 1,082,346 |
56,383,205 | 16,393,806 | 19,072,598 | 2,358,331 | (1,790,575) | 1,113,730 | 53,024,340 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 10,408,061 | 10,408,061 | - | - |
International Equity Funds | 10,937,201 | 10,937,201 | - | - |
Bond Funds | 29,510,748 | 29,510,748 | - | - |
Short-Term Funds | 2,168,330 | 2,168,330 | - | - |
Total Investments in Securities: | 53,024,340 | 53,024,340 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $54,423,280) | $ | 53,024,340 | ||
Total Investment in Securities (cost $54,423,280) | $ | 53,024,340 | ||
Cash | 411 | |||
Receivable for investments sold | 652,598 | |||
Receivable for fund shares sold | 2,030 | |||
Total assets | 53,679,379 | |||
Liabilities | ||||
Payable for investments purchased | $ | 629,358 | ||
Payable for fund shares redeemed | 5,635 | |||
Accrued management fee | 20,678 | |||
Distribution and service plan fees payable | 347 | |||
Total Liabilities | 656,018 | |||
Net Assets | $ | 53,023,361 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 56,692,328 | ||
Total accumulated earnings (loss) | (3,668,967) | |||
Net Assets | $ | 53,023,361 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($1,583,394 ÷ 30,138.65 shares)(a) | $ | 52.54 | ||
Maximum offering price per share (100/94.25 of $52.54) | $ | 55.75 | ||
Fidelity Managed Retirement 2025 : | ||||
Net Asset Value, offering price and redemption price per share ($47,433,305 ÷ 900,705.33 shares) | $ | 52.66 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($363,774 ÷ 6,906.59 shares) | $ | 52.67 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($3,349,597 ÷ 63,602.92 shares) | $ | 52.66 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($173,778 ÷ 3,288.37 shares) | $ | 52.85 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($119,513 ÷ 2,264.66 shares) | $ | 52.77 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 2,036,450 | ||
Expenses | ||||
Management fee | $ | 247,169 | ||
Distribution and service plan fees | 4,080 | |||
Independent trustees' fees and expenses | 191 | |||
Total expenses before reductions | 251,440 | |||
Expense reductions | (13) | |||
Total expenses after reductions | 251,427 | |||
Net Investment income (loss) | 1,785,023 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (1,790,575) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 321,881 | |||
Total net realized gain (loss) | (1,468,694) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 1,113,730 | |||
Total change in net unrealized appreciation (depreciation) | 1,113,730 | |||
Net gain (loss) | (354,964) | |||
Net increase (decrease) in net assets resulting from operations | $ | 1,430,059 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 1,785,023 | $ | 1,462,092 |
Net realized gain (loss) | (1,468,694) | 1,579,222 | ||
Change in net unrealized appreciation (depreciation) | 1,113,730 | (9,408,802) | ||
Net increase (decrease) in net assets resulting from operations | 1,430,059 | (6,367,488) | ||
Distributions to shareholders | (2,607,842) | (3,176,472) | ||
Share transactions - net increase (decrease) | (2,181,059) | 6,559,519 | ||
Total increase (decrease) in net assets | (3,358,842) | (2,984,441) | ||
Net Assets | ||||
Beginning of period | 56,382,203 | 59,366,644 | ||
End of period | $ | 53,023,361 | $ | 56,382,203 |
Fidelity Advisor Managed Retirement 2025 Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 53.57 | $ | 62.69 | $ | 55.13 | $ | 52.89 | $ | 54.27 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.586 | 1.274 | .377 | .692 | .818 | |||||
Net realized and unrealized gain (loss) | (.249) | (7.367) | 9.095 | 3.455 | 1.072 | |||||
Total from investment operations | 1.337 | (6.093) | 9.472 | 4.147 | 1.890 | |||||
Distributions from net investment income | (1.562) | (1.297) | (.446) | (.756) | (.820) | |||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | (2.450) | |||||
Total distributions | (2.367) | (3.027) | (1.912) | (1.907) | (3.270) | |||||
Net asset value, end of period | $ | 52.54 | $ | 53.57 | $ | 62.69 | $ | 55.13 | $ | 52.89 |
Total Return C,D | 2.84% | (10.25)% | 17.50% | 8.01% | 3.87% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .73% | .73% | .73% | .73% | .84% | |||||
Expenses net of fee waivers, if any | .73% | .73% | .73% | .73% | .84% | |||||
Expenses net of all reductions | .73% | .73% | .73% | .73% | .84% | |||||
Net investment income (loss) | 3.13% | 2.19% | .63% | 1.32% | 1.59% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 1,583 | $ | 1,689 | $ | 1,867 | $ | 993 | $ | 556 |
Portfolio turnover rate G | 31% | 53% | 27% | 67% | 48% |
Fidelity Managed Retirement 2025 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 53.69 | $ | 62.80 | $ | 55.19 | $ | 52.92 | $ | 54.31 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.716 | 1.421 | .525 | .825 | .950 | |||||
Net realized and unrealized gain (loss) | (.253) | (7.388) | 9.109 | 3.466 | 1.062 | |||||
Total from investment operations | 1.463 | (5.967) | 9.634 | 4.291 | 2.012 | |||||
Distributions from net investment income | (1.688) | (1.413) | (.558) | (.870) | (.952) | |||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | (2.450) | |||||
Total distributions | (2.493) | (3.143) | (2.024) | (2.021) | (3.402) | |||||
Net asset value, end of period | $ | 52.66 | $ | 53.69 | $ | 62.80 | $ | 55.19 | $ | 52.92 |
Total Return C | 3.09% | (10.03)% | 17.79% | 8.30% | 4.11% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .48% | .48% | .48% | .48% | .59% | |||||
Expenses net of fee waivers, if any | .48% | .48% | .48% | .48% | .59% | |||||
Expenses net of all reductions | .48% | .48% | .48% | .48% | .59% | |||||
Net investment income (loss) | 3.38% | 2.44% | .88% | 1.57% | 1.84% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 47,433 | $ | 51,468 | $ | 55,127 | $ | 30,093 | $ | 20,130 |
Portfolio turnover rate F | 31% | 53% | 27% | 67% | 48% |
Fidelity Managed Retirement 2025 Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 53.71 | $ | 62.82 | $ | 55.20 | $ | 52.82 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.766 | 1.480 | .582 | .879 | ||||
Net realized and unrealized gain (loss) | (.250) | (7.390) | 9.109 | 3.572 | ||||
Total from investment operations | 1.516 | (5.910) | 9.691 | 4.451 | ||||
Distributions from net investment income | (1.751) | (1.470) | (.605) | (.920) | ||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | ||||
Total distributions | (2.556) | (3.200) | (2.071) | (2.071) | ||||
Net asset value, end of period | $ | 52.67 | $ | 53.71 | $ | 62.82 | $ | 55.20 |
Total Return D,E | 3.20% | (9.94)% | 17.90% | 8.63% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .38% | .38% | .38% | .38% | ||||
Expenses net of fee waivers, if any | .38% | .38% | .38% | .38% | ||||
Expenses net of all reductions | .38% | .38% | .38% | .38% | ||||
Net investment income (loss) | 3.48% | 2.54% | .98% | 1.67% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 364 | $ | 115 | $ | 128 | $ | 109 |
Portfolio turnover rate H | 31% | 53% | 27% | 67% |
Fidelity Managed Retirement 2025 Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 53.70 | $ | 62.81 | $ | 55.20 | $ | 52.82 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.817 | 1.527 | .648 | .932 | ||||
Net realized and unrealized gain (loss) | (.254) | (7.379) | 9.105 | 3.567 | ||||
Total from investment operations | 1.563 | (5.852) | 9.753 | 4.499 | ||||
Distributions from net investment income | (1.798) | (1.528) | (.677) | (.968) | ||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | ||||
Total distributions | (2.603) | (3.258) | (2.143) | (2.119) | ||||
Net asset value, end of period | $ | 52.66 | $ | 53.70 | $ | 62.81 | $ | 55.20 |
Total Return D,E | 3.30% | (9.85)% | 18.03% | 8.73% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .28% | .28% | .28% | .28% | ||||
Expenses net of fee waivers, if any | .28% | .28% | .28% | .28% | ||||
Expenses net of all reductions | .28% | .28% | .28% | .28% | ||||
Net investment income (loss) | 3.58% | 2.64% | 1.08% | 1.77% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 3,350 | $ | 2,437 | $ | 1,351 | $ | 412 |
Portfolio turnover rate H | 31% | 53% | 27% | 67% |
Fidelity Advisor Managed Retirement 2025 Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 53.82 | $ | 62.93 | $ | 55.30 | $ | 53.00 | $ | 54.38 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.723 | 1.427 | .525 | .831 | .906 | |||||
Net realized and unrealized gain (loss) | (.249) | (7.400) | 9.122 | 3.463 | 1.114 | |||||
Total from investment operations | 1.474 | (5.973) | 9.647 | 4.294 | 2.020 | |||||
Distributions from net investment income | (1.639) | (1.407) | (.551) | (.843) | (.950) | |||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | (2.450) | |||||
Total distributions | (2.444) | (3.137) | (2.017) | (1.994) | (3.400) | |||||
Net asset value, end of period | $ | 52.85 | $ | 53.82 | $ | 62.93 | $ | 55.30 | $ | 53.00 |
Total Return C | 3.10% | (10.02)% | 17.78% | 8.29% | 4.12% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .48% | .48% | .48% | .48% | .57% F | |||||
Expenses net of fee waivers, if any | .48% | .48% | .48% | .48% | .57% F | |||||
Expenses net of all reductions | .48% | .48% | .48% | .48% | .57% F | |||||
Net investment income (loss) | 3.39% | 2.44% | .88% | 1.57% | 1.87% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 174 | $ | 556 | $ | 765 | $ | 498 | $ | 678 |
Portfolio turnover rate G | 31% | 53% | 27% | 67% | 48% |
Fidelity Advisor Managed Retirement 2025 Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 53.80 | $ | 62.91 | $ | 55.28 | $ | 52.89 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | 1.821 | 1.541 | .643 | .933 | ||||
Net realized and unrealized gain (loss) | (.255) | (7.395) | 9.116 | 3.577 | ||||
Total from investment operations | 1.566 | (5.854) | 9.759 | 4.510 | ||||
Distributions from net investment income | (1.791) | (1.526) | (.663) | (.969) | ||||
Distributions from net realized gain | (.805) | (1.730) | (1.466) | (1.151) | ||||
Total distributions | (2.596) | (3.256) | (2.129) | (2.120) | ||||
Net asset value, end of period | $ | 52.77 | $ | 53.80 | $ | 62.91 | $ | 55.28 |
Total Return D,E | 3.30% | (9.84)% | 18.01% | 8.74% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .28% | .28% | .28% | .28% | ||||
Expenses net of fee waivers, if any | .28% | .28% | .28% | .28% | ||||
Expenses net of all reductions | .28% | .28% | .28% | .28% | ||||
Net investment income (loss) | 3.58% | 2.64% | 1.08% | 1.77% | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 120 | $ | 116 | $ | 128 | $ | 109 |
Portfolio turnover rate H | 31% | 53% | 27% | 67% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 9.0 | |
Fidelity Series Government Bond Index Fund | 8.9 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 7.9 | |
Fidelity Series Large Cap Value Index Fund | 6.3 | |
Fidelity Series Emerging Markets Opportunities Fund | 6.3 | |
Fidelity Series Investment Grade Securitized Fund | 6.1 | |
Fidelity Series Corporate Bond Fund | 6.1 | |
Fidelity Series Blue Chip Growth Fund | 4.9 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.7 | |
Fidelity Series International Developed Markets Bond Index Fund | 4.0 | |
64.2 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 22.4% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 129,601 | 1,903,833 | |
Fidelity Series Commodity Strategy Fund (a) | 2,869 | 295,326 | |
Fidelity Series Large Cap Growth Index Fund (a) | 66,769 | 1,202,514 | |
Fidelity Series Large Cap Stock Fund (a) | 67,418 | 1,333,523 | |
Fidelity Series Large Cap Value Index Fund (a) | 165,436 | 2,478,236 | |
Fidelity Series Small Cap Core Fund (a) | 729 | 7,877 | |
Fidelity Series Small Cap Opportunities Fund (a) | 45,243 | 609,424 | |
Fidelity Series Value Discovery Fund (a) | 59,581 | 913,972 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $7,775,364) | 8,744,705 | ||
International Equity Funds - 22.4% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 37,669 | 552,234 | |
Fidelity Series Emerging Markets Fund (a) | 70,324 | 615,335 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 136,073 | 2,454,749 | |
Fidelity Series International Growth Fund (a) | 83,909 | 1,393,727 | |
Fidelity Series International Index Fund (a) | 44,670 | 526,663 | |
Fidelity Series International Small Cap Fund (a) | 26,040 | 433,046 | |
Fidelity Series International Value Fund (a) | 122,534 | 1,403,017 | |
Fidelity Series Overseas Fund (a) | 109,777 | 1,395,261 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $8,834,075) | 8,774,032 | ||
Bond Funds - 51.6% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 144,940 | 1,374,036 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 389,334 | 3,067,951 | |
Fidelity Series Corporate Bond Fund (a) | 261,852 | 2,375,000 | |
Fidelity Series Emerging Markets Debt Fund (a) | 26,908 | 202,617 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 7,102 | 68,607 | |
Fidelity Series Floating Rate High Income Fund (a) | 4,360 | 39,199 | |
Fidelity Series Government Bond Index Fund (a) | 378,668 | 3,453,454 | |
Fidelity Series High Income Fund (a) | 25,537 | 210,936 | |
Fidelity Series International Credit Fund (a) | 609 | 4,688 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 181,676 | 1,547,881 | |
Fidelity Series Investment Grade Bond Fund (a) | 355,363 | 3,528,751 | |
Fidelity Series Investment Grade Securitized Fund (a) | 270,063 | 2,395,457 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 310,280 | 1,821,345 | |
Fidelity Series Real Estate Income Fund (a) | 5,626 | 54,571 | |
TOTAL BOND FUNDS (Cost $23,010,173) | 20,144,493 | ||
Short-Term Funds - 3.6% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 335,223 | 335,223 | |
Fidelity Series Short-Term Credit Fund (a) | 17,616 | 169,992 | |
Fidelity Series Treasury Bill Index Fund (a) | 90,195 | 896,539 | |
TOTAL SHORT-TERM FUNDS (Cost $1,410,398) | 1,401,754 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $41,030,010) | 39,064,984 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (671) |
NET ASSETS - 100.0% | 39,064,313 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 1,028,674 | 605,897 | 194,973 | 55,469 | (3,343) | (61,000) | 1,374,036 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 2,594,598 | 1,316,972 | 447,900 | 176,033 | (15,364) | (380,355) | 3,067,951 |
Fidelity Series Blue Chip Growth Fund | 1,780,353 | 708,628 | 997,911 | 61,207 | (232,205) | 644,968 | 1,903,833 |
Fidelity Series Canada Fund | 594,353 | 199,597 | 265,444 | 17,529 | 936 | 22,792 | 552,234 |
Fidelity Series Commodity Strategy Fund | 517,746 | 470,216 | 356,597 | 297,669 | (181,079) | (154,960) | 295,326 |
Fidelity Series Corporate Bond Fund | 1,853,100 | 949,680 | 335,185 | 80,336 | (21,429) | (71,166) | 2,375,000 |
Fidelity Series Emerging Markets Debt Fund | 179,402 | 60,367 | 40,303 | 11,296 | (1,844) | 4,995 | 202,617 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 59,742 | 15,061 | 15,249 | - | (1,043) | 10,096 | 68,607 |
Fidelity Series Emerging Markets Fund | 326,417 | 358,633 | 119,709 | 7,925 | (22,701) | 72,695 | 615,335 |
Fidelity Series Emerging Markets Opportunities Fund | 2,945,650 | 617,126 | 1,356,506 | 66,940 | (413,401) | 661,880 | 2,454,749 |
Fidelity Series Floating Rate High Income Fund | 34,387 | 21,292 | 17,026 | 2,983 | (508) | 1,054 | 39,199 |
Fidelity Series Government Bond Index Fund | 2,721,885 | 1,444,822 | 525,965 | 72,177 | (18,216) | (169,072) | 3,453,454 |
Fidelity Series Government Money Market Fund 5.33% | 149,333 | 331,691 | 145,801 | 11,861 | - | - | 335,223 |
Fidelity Series High Income Fund | 185,661 | 68,237 | 37,801 | 12,555 | (1,498) | (3,663) | 210,936 |
Fidelity Series International Credit Fund | 4,920 | 274 | - | 273 | - | (506) | 4,688 |
Fidelity Series International Developed Markets Bond Index Fund | 1,367,641 | 559,939 | 282,646 | 33,263 | (11,820) | (85,233) | 1,547,881 |
Fidelity Series International Growth Fund | 1,237,274 | 444,901 | 407,237 | 41,960 | (24,774) | 143,563 | 1,393,727 |
Fidelity Series International Index Fund | 518,019 | 161,301 | 221,645 | 13,455 | (8,059) | 77,047 | 526,663 |
Fidelity Series International Small Cap Fund | 382,451 | 115,177 | 74,602 | 23,102 | (4,510) | 14,530 | 433,046 |
Fidelity Series International Value Fund | 1,226,921 | 394,434 | 422,158 | 41,087 | (9,065) | 212,885 | 1,403,017 |
Fidelity Series Investment Grade Bond Fund | 2,813,392 | 1,416,111 | 533,305 | 118,090 | (24,001) | (143,446) | 3,528,751 |
Fidelity Series Investment Grade Securitized Fund | 1,990,052 | 936,822 | 374,731 | 72,564 | (16,882) | (139,804) | 2,395,457 |
Fidelity Series Large Cap Growth Index Fund | 1,126,641 | 388,409 | 502,353 | 10,537 | (8,225) | 198,042 | 1,202,514 |
Fidelity Series Large Cap Stock Fund | 1,234,468 | 426,413 | 475,658 | 75,670 | (11,686) | 159,986 | 1,333,523 |
Fidelity Series Large Cap Value Index Fund | 2,357,303 | 846,029 | 824,896 | 85,309 | (23,438) | 123,238 | 2,478,236 |
Fidelity Series Long-Term Treasury Bond Index Fund | 1,818,918 | 805,739 | 547,709 | 53,663 | (106,006) | (149,597) | 1,821,345 |
Fidelity Series Overseas Fund | 1,244,340 | 420,874 | 430,802 | 22,096 | (21,013) | 181,862 | 1,395,261 |
Fidelity Series Real Estate Income Fund | 107,776 | 42,283 | 84,469 | 8,803 | (6,338) | (4,681) | 54,571 |
Fidelity Series Short-Term Credit Fund | 148,987 | 53,025 | 31,628 | 3,877 | (221) | (171) | 169,992 |
Fidelity Series Small Cap Core Fund | - | 15,144 | 8,052 | 4 | (104) | 889 | 7,877 |
Fidelity Series Small Cap Opportunities Fund | 601,276 | 195,595 | 229,790 | 29,051 | (30,761) | 73,104 | 609,424 |
Fidelity Series Treasury Bill Index Fund | 448,198 | 916,236 | 465,778 | 33,002 | (1,601) | (516) | 896,539 |
Fidelity Series Value Discovery Fund | 869,437 | 354,346 | 318,270 | 45,146 | (9,498) | 17,957 | 913,972 |
34,469,315 | 15,661,271 | 11,092,099 | 1,584,932 | (1,229,697) | 1,257,413 | 39,064,984 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 8,744,705 | 8,744,705 | - | - |
International Equity Funds | 8,774,032 | 8,774,032 | - | - |
Bond Funds | 20,144,493 | 20,144,493 | - | - |
Short-Term Funds | 1,401,754 | 1,401,754 | - | - |
Total Investments in Securities: | 39,064,984 | 39,064,984 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $41,030,010) | $ | 39,064,984 | ||
Total Investment in Securities (cost $41,030,010) | $ | 39,064,984 | ||
Cash | 178 | |||
Receivable for investments sold | 492,244 | |||
Receivable for fund shares sold | 10,196 | |||
Total assets | 39,567,602 | |||
Liabilities | ||||
Payable for investments purchased | $ | 488,093 | ||
Payable for fund shares redeemed | 34 | |||
Accrued management fee | 15,064 | |||
Distribution and service plan fees payable | 98 | |||
Total Liabilities | 503,289 | |||
Net Assets | $ | 39,064,313 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 42,649,874 | ||
Total accumulated earnings (loss) | (3,585,561) | |||
Net Assets | $ | 39,064,313 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($546,138 ÷ 51,493.98 shares)(a) | $ | 10.61 | ||
Maximum offering price per share (100/94.25 of $10.61) | $ | 11.26 | ||
Fidelity Managed Retirement 2030 Fund : | ||||
Net Asset Value, offering price and redemption price per share ($35,369,083 ÷ 3,330,887.87 shares) | $ | 10.62 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($346,623 ÷ 32,586.21 shares) | $ | 10.64 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($2,105,316 ÷ 197,952.32 shares) | $ | 10.64 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($350,576 ÷ 32,973.04 shares) | $ | 10.63 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($346,577 ÷ 32,576.35 shares) | $ | 10.64 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 1,349,715 | ||
Expenses | ||||
Management fee | $ | 171,251 | ||
Distribution and service plan fees | 1,007 | |||
Independent trustees' fees and expenses | 128 | |||
Total expenses before reductions | 172,386 | |||
Expense reductions | (21) | |||
Total expenses after reductions | 172,365 | |||
Net Investment income (loss) | 1,177,350 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (1,229,697) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 235,217 | |||
Total net realized gain (loss) | (994,480) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 1,257,413 | |||
Total change in net unrealized appreciation (depreciation) | 1,257,413 | |||
Net gain (loss) | 262,933 | |||
Net increase (decrease) in net assets resulting from operations | $ | 1,440,283 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 1,177,350 | $ | 855,222 |
Net realized gain (loss) | (994,480) | 669,719 | ||
Change in net unrealized appreciation (depreciation) | 1,257,413 | (5,791,383) | ||
Net increase (decrease) in net assets resulting from operations | 1,440,283 | (4,266,442) | ||
Distributions to shareholders | (1,494,111) | (1,764,249) | ||
Share transactions - net increase (decrease) | 4,649,194 | 8,627,785 | ||
Total increase (decrease) in net assets | 4,595,366 | 2,597,094 | ||
Net Assets | ||||
Beginning of period | 34,468,947 | 31,871,853 | ||
End of period | $ | 39,064,313 | $ | 34,468,947 |
Fidelity Advisor Managed Retirement 2030 Fund℠ Class A |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.68 | $ | 12.51 | $ | 10.78 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .304 | .248 | .056 | .104 | ||||
Net realized and unrealized gain (loss) | .029 | (1.517) | 1.993 | .837 | ||||
Total from investment operations | .333 | (1.269) | 2.049 | .941 | ||||
Distributions from net investment income | (.303) | (.257) | (.089) | (.121) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.403) | (.561) | (.319) | (.161) | ||||
Net asset value, end of period | $ | 10.61 | $ | 10.68 | $ | 12.51 | $ | 10.78 |
Total Return D,E,F | 3.46% | (10.66)% | 19.28% | 9.46% | ||||
Ratios to Average Net Assets C,G,H | ||||||||
Expenses before reductions | .73% | .73% | .73% | .73% I | ||||
Expenses net of fee waivers, if any | .73% | .73% | .73% | .73% I | ||||
Expenses net of all reductions | .73% | .73% | .73% | .73% I | ||||
Net investment income (loss) | 2.99% | 2.13% | .47% | 1.06% I | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 546 | $ | 455 | $ | 595 | $ | 300 |
Portfolio turnover rate J | 31% | 54% | 46% | 117% I |
Fidelity Managed Retirement 2030 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.69 | $ | 12.51 | $ | 10.77 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .330 | .275 | .086 | .127 | ||||
Net realized and unrealized gain (loss) | .028 | (1.510) | 1.990 | .832 | ||||
Total from investment operations | .358 | (1.235) | 2.076 | .959 | ||||
Distributions from net investment income | (.328) | (.281) | (.106) | (.149) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.428) | (.585) | (.336) | (.189) | ||||
Net asset value, end of period | $ | 10.62 | $ | 10.69 | $ | 12.51 | $ | 10.77 |
Total Return D,E | 3.71% | (10.39)% | 19.57% | 9.66% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .48% | .48% | .48% | .48% H | ||||
Expenses net of fee waivers, if any | .48% | .48% | .48% | .48% H | ||||
Expenses net of all reductions | .48% | .48% | .48% | .48% H | ||||
Net investment income (loss) | 3.24% | 2.38% | .73% | 1.31% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 35,369 | $ | 32,369 | $ | 28,958 | $ | 4,986 |
Portfolio turnover rate I | 31% | 54% | 46% | 117% H |
Fidelity Managed Retirement 2030 Fund℠ Class K |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.71 | $ | 12.53 | $ | 10.78 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .341 | .289 | .097 | .138 | ||||
Net realized and unrealized gain (loss) | .028 | (1.514) | 1.994 | .832 | ||||
Total from investment operations | .369 | (1.225) | 2.091 | .970 | ||||
Distributions from net investment income | (.339) | (.291) | (.111) | (.150) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.439) | (.595) | (.341) | (.190) | ||||
Net asset value, end of period | $ | 10.64 | $ | 10.71 | $ | 12.53 | $ | 10.78 |
Total Return D,E | 3.82% | (10.30)% | 19.69% | 9.77% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .38% | .38% | .38% | .38% H | ||||
Expenses net of fee waivers, if any | .38% | .38% | .38% | .38% H | ||||
Expenses net of all reductions | .38% | .38% | .38% | .38% H | ||||
Net investment income (loss) | 3.34% | 2.48% | .83% | 1.41% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 347 | $ | 196 | $ | 219 | $ | 183 |
Portfolio turnover rate I | 31% | 54% | 46% | 117% H |
Fidelity Managed Retirement 2030 Fund℠ Class K6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.71 | $ | 12.53 | $ | 10.79 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .352 | .303 | .111 | .148 | ||||
Net realized and unrealized gain (loss) | .028 | (1.517) | 1.985 | .840 | ||||
Total from investment operations | .380 | (1.214) | 2.096 | .988 | ||||
Distributions from net investment income | (.350) | (.302) | (.126) | (.158) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.450) | (.606) | (.356) | (.198) | ||||
Net asset value, end of period | $ | 10.64 | $ | 10.71 | $ | 12.53 | $ | 10.79 |
Total Return D,E | 3.93% | (10.21)% | 19.73% | 9.95% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .28% | .28% | .28% | .28% H | ||||
Expenses net of fee waivers, if any | .28% | .28% | .28% | .28% H | ||||
Expenses net of all reductions | .28% | .28% | .28% | .28% H | ||||
Net investment income (loss) | 3.44% | 2.58% | .93% | 1.51% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 2,105 | $ | 892 | $ | 1,459 | $ | 183 |
Portfolio turnover rate I | 31% | 54% | 46% | 117% H |
Fidelity Advisor Managed Retirement 2030 Fund℠ Class I |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.70 | $ | 12.53 | $ | 10.78 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .331 | .277 | .086 | .128 | ||||
Net realized and unrealized gain (loss) | .027 | (1.523) | 1.998 | .833 | ||||
Total from investment operations | .358 | (1.246) | 2.084 | .961 | ||||
Distributions from net investment income | (.328) | (.280) | (.104) | (.141) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.428) | (.584) | (.334) | (.181) | ||||
Net asset value, end of period | $ | 10.63 | $ | 10.70 | $ | 12.53 | $ | 10.78 |
Total Return D,E | 3.71% | (10.46)% | 19.62% | 9.67% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .48% | .48% | .48% | .48% H | ||||
Expenses net of fee waivers, if any | .48% | .48% | .48% | .48% H | ||||
Expenses net of all reductions | .48% | .48% | .48% | .48% H | ||||
Net investment income (loss) | 3.25% | 2.38% | .73% | 1.31% H | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 351 | $ | 359 | $ | 421 | $ | 254 |
Portfolio turnover rate I | 31% | 54% | 46% | 117% H |
Fidelity Advisor Managed Retirement 2030 Fund℠ Class Z6 |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.71 | $ | 12.54 | $ | 10.79 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .351 | .300 | .109 | .148 | ||||
Net realized and unrealized gain (loss) | .028 | (1.523) | 1.994 | .840 | ||||
Total from investment operations | .379 | (1.223) | 2.103 | .988 | ||||
Distributions from net investment income | (.349) | (.303) | (.123) | (.158) | ||||
Distributions from net realized gain | (.100) | (.304) | (.230) | (.040) | ||||
Total distributions | (.449) | (.607) | (.353) | (.198) | ||||
Net asset value, end of period | $ | 10.64 | $ | 10.71 | $ | 12.54 | $ | 10.79 |
Total Return D,E | 3.92% | (10.28)% | 19.80% | 9.95% | ||||
Ratios to Average Net Assets C,F,G | ||||||||
Expenses before reductions | .28% | .28% | .28% | .28% H | ||||
Expenses net of fee waivers, if any | .28% | .28% | .28% | .28% H | ||||
Expenses net of all reductions | .28% | .28% | .28% | .28% H | ||||
Net investment income (loss) | 3.44% | �� | 2.58% | .93% | 1.51% H | |||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 347 | $ | 198 | $ | 220 | $ | 183 |
Portfolio turnover rate I | 31% | 54% | 46% | 117% H |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 8.6 | |
Fidelity Series Investment Grade Bond Fund | 8.3 | |
Fidelity Series Government Bond Index Fund | 8.1 | |
Fidelity Series Large Cap Value Index Fund | 7.2 | |
Fidelity Series Emerging Markets Opportunities Fund | 6.7 | |
Fidelity Series Investment Grade Securitized Fund | 5.6 | |
Fidelity Series Corporate Bond Fund | 5.6 | |
Fidelity Series Blue Chip Growth Fund | 5.5 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.9 | |
Fidelity Series International Developed Markets Bond Index Fund | 4.0 | |
64.5 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 25.2% | |||
Shares | Value ($) | ||
Fidelity Series Blue Chip Growth Fund (a) | 4,943 | 72,617 | |
Fidelity Series Commodity Strategy Fund (a) | 97 | 9,966 | |
Fidelity Series Large Cap Growth Index Fund (a) | 2,546 | 45,860 | |
Fidelity Series Large Cap Stock Fund (a) | 2,572 | 50,866 | |
Fidelity Series Large Cap Value Index Fund (a) | 6,310 | 94,527 | |
Fidelity Series Small Cap Core Fund (a) | 31 | 330 | |
Fidelity Series Small Cap Opportunities Fund (a) | 1,726 | 23,253 | |
Fidelity Series Value Discovery Fund (a) | 2,272 | 34,860 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $283,889) | 332,279 | ||
International Equity Funds - 24.3% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 1,389 | 20,362 | |
Fidelity Series Emerging Markets Fund (a) | 2,527 | 22,112 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 4,889 | 88,198 | |
Fidelity Series International Growth Fund (a) | 3,091 | 51,347 | |
Fidelity Series International Index Fund (a) | 1,646 | 19,408 | |
Fidelity Series International Small Cap Fund (a) | 958 | 15,933 | |
Fidelity Series International Value Fund (a) | 4,516 | 51,713 | |
Fidelity Series Overseas Fund (a) | 4,045 | 51,408 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $285,875) | 320,481 | ||
Bond Funds - 47.5% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 1,305 | 12,374 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 14,300 | 112,682 | |
Fidelity Series Corporate Bond Fund (a) | 8,118 | 73,633 | |
Fidelity Series Emerging Markets Debt Fund (a) | 909 | 6,842 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 239 | 2,310 | |
Fidelity Series Floating Rate High Income Fund (a) | 147 | 1,323 | |
Fidelity Series Government Bond Index Fund (a) | 11,739 | 107,063 | |
Fidelity Series High Income Fund (a) | 860 | 7,103 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 6,143 | 52,338 | |
Fidelity Series Investment Grade Bond Fund (a) | 11,019 | 109,414 | |
Fidelity Series Investment Grade Securitized Fund (a) | 8,373 | 74,265 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 11,075 | 65,009 | |
Fidelity Series Real Estate Income Fund (a) | 185 | 1,798 | |
TOTAL BOND FUNDS (Cost $631,049) | 626,154 | ||
Short-Term Funds - 3.0% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 9,317 | 9,317 | |
Fidelity Series Short-Term Credit Fund (a) | 472 | 4,556 | |
Fidelity Series Treasury Bill Index Fund (a) | 2,497 | 24,817 | |
TOTAL SHORT-TERM FUNDS (Cost $38,662) | 38,690 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $1,239,475) | 1,317,604 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | 22 |
NET ASSETS - 100.0% | 1,317,626 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | 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 5.32% | - | 600,000 | 600,000 | 72 | - | - | - | 0.0% |
Total | - | 600,000 | 600,000 | 72 | - | - | - | |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | - | 14,043 | 1,847 | - | 5 | 173 | 12,374 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | - | 139,912 | 27,679 | 31 | (113) | 562 | 112,682 |
Fidelity Series Blue Chip Growth Fund | - | 87,715 | 38,434 | - | 3,107 | 20,229 | 72,617 |
Fidelity Series Canada Fund | - | 28,150 | 9,586 | - | 8 | 1,790 | 20,362 |
Fidelity Series Commodity Strategy Fund | - | 14,353 | 4,452 | - | (75) | 140 | 9,966 |
Fidelity Series Corporate Bond Fund | - | 90,845 | 16,709 | 1,556 | (270) | (233) | 73,633 |
Fidelity Series Emerging Markets Debt Fund | - | 8,494 | 1,743 | 223 | (21) | 112 | 6,842 |
Fidelity Series Emerging Markets Debt Local Currency Fund | - | 2,676 | 602 | - | 9 | 227 | 2,310 |
Fidelity Series Emerging Markets Fund | - | 25,510 | 5,668 | - | 99 | 2,171 | 22,112 |
Fidelity Series Emerging Markets Opportunities Fund | - | 120,658 | 44,008 | - | 575 | 10,973 | 88,198 |
Fidelity Series Floating Rate High Income Fund | - | 1,631 | 327 | 63 | (1) | 20 | 1,323 |
Fidelity Series Government Bond Index Fund | - | 133,663 | 25,028 | 1,498 | (221) | (1,351) | 107,063 |
Fidelity Series Government Money Market Fund 5.33% | - | 13,272 | 3,955 | 218 | - | - | 9,317 |
Fidelity Series High Income Fund | - | 8,881 | 1,816 | 233 | (21) | 59 | 7,103 |
Fidelity Series International Developed Markets Bond Index Fund | - | 65,982 | 13,268 | 973 | (103) | (273) | 52,338 |
Fidelity Series International Growth Fund | - | 62,812 | 16,837 | - | 59 | 5,313 | 51,347 |
Fidelity Series International Index Fund | - | 26,238 | 9,073 | - | 181 | 2,062 | 19,408 |
Fidelity Series International Small Cap Fund | - | 19,258 | 4,542 | - | (11) | 1,228 | 15,933 |
Fidelity Series International Value Fund | - | 64,371 | 18,219 | - | 41 | 5,520 | 51,713 |
Fidelity Series Investment Grade Bond Fund | - | 136,128 | 25,519 | 2,282 | (269) | (926) | 109,414 |
Fidelity Series Investment Grade Securitized Fund | - | 93,223 | 17,661 | 1,475 | (257) | (1,040) | 74,265 |
Fidelity Series Large Cap Growth Index Fund | - | 55,573 | 20,729 | 120 | 1,250 | 9,766 | 45,860 |
Fidelity Series Large Cap Stock Fund | - | 61,555 | 18,339 | - | 352 | 7,298 | 50,866 |
Fidelity Series Large Cap Value Index Fund | - | 119,028 | 30,899 | 239 | (434) | 6,832 | 94,527 |
Fidelity Series Long-Term Treasury Bond Index Fund | - | 92,104 | 24,239 | 1,110 | (632) | (2,224) | 65,009 |
Fidelity Series Overseas Fund | - | 62,298 | 16,466 | - | 28 | 5,548 | 51,408 |
Fidelity Series Real Estate Income Fund | - | 3,661 | 1,855 | 59 | (7) | (1) | 1,798 |
Fidelity Series Short-Term Credit Fund | - | 8,423 | 3,918 | 79 | 11 | 40 | 4,556 |
Fidelity Series Small Cap Core Fund | - | 574 | 271 | - | (10) | 37 | 330 |
Fidelity Series Small Cap Opportunities Fund | - | 29,294 | 8,427 | - | (94) | 2,480 | 23,253 |
Fidelity Series Treasury Bill Index Fund | - | 37,240 | 12,409 | 609 | (2) | (12) | 24,817 |
Fidelity Series Value Discovery Fund | - | 44,599 | 11,162 | 105 | (186) | 1,609 | 34,860 |
- | 1,672,164 | 435,687 | 10,873 | 2,998 | 78,129 | 1,317,604 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 332,279 | 332,279 | - | - |
International Equity Funds | 320,481 | 320,481 | - | - |
Bond Funds | 626,154 | 626,154 | - | - |
Short-Term Funds | 38,690 | 38,690 | - | - |
Total Investments in Securities: | 1,317,604 | 1,317,604 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $1,239,475) | $ | 1,317,604 | ||
Total Investment in Securities (cost $1,239,475) | $ | 1,317,604 | ||
Cash | 72 | |||
Receivable for investments sold | 104,968 | |||
Total assets | 1,422,644 | |||
Liabilities | ||||
Payable for fund shares redeemed | $ | 104,470 | ||
Accrued management fee | 525 | |||
Distribution and service plan fees payable | 23 | |||
Total Liabilities | 105,018 | |||
Net Assets | $ | 1,317,626 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 1,234,547 | ||
Total accumulated earnings (loss) | 83,079 | |||
Net Assets | $ | 1,317,626 | ||
Net Asset Value and Maximum Offering Price | ||||
Class A : | ||||
Net Asset Value and redemption price per share ($115,085 ÷ 10,700.88 shares)(a) | $ | 10.75 | ||
Maximum offering price per share (100/94.25 of $10.75) | $ | 11.41 | ||
Fidelity Managed Retirement 2035 Fund : | ||||
Net Asset Value, offering price and redemption price per share ($764,532 ÷ 71,086.38 shares) | $ | 10.75 | ||
Class K : | ||||
Net Asset Value, offering price and redemption price per share ($108,142 ÷ 10,048.65 shares) | $ | 10.76 | ||
Class K6 : | ||||
Net Asset Value, offering price and redemption price per share ($108,344 ÷ 10,066.92 shares) | $ | 10.76 | ||
Class I : | ||||
Net Asset Value, offering price and redemption price per share ($113,314 ÷ 10,530.88 shares) | $ | 10.76 | ||
Class Z6 : | ||||
Net Asset Value, offering price and redemption price per share ($108,209 ÷ 10,054.45 shares) | $ | 10.76 | ||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
Statement of Operations | ||||
For the period December 15, 2022 (commencement of operations) through July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 10,666 | ||
Income from Fidelity Central Funds | 72 | |||
Total Income | 10,738 | |||
Expenses | ||||
Management fee | $ | 3,151 | ||
Distribution and service plan fees | 163 | |||
Independent trustees' fees and expenses | 2 | |||
Total expenses before reductions | 3,316 | |||
Expense reductions | (1) | |||
Total expenses after reductions | 3,315 | |||
Net Investment income (loss) | 7,423 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 2,998 | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 207 | |||
Total net realized gain (loss) | 3,205 | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 78,129 | |||
Total change in net unrealized appreciation (depreciation) | 78,129 | |||
Net gain (loss) | 81,334 | |||
Net increase (decrease) in net assets resulting from operations | $ | 88,757 |
Statement of Changes in Net Assets | ||
For the period December 15, 2022 (commencement of operations) through July 31, 2023 | ||
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $ | 7,423 |
Net realized gain (loss) | 3,205 | |
Change in net unrealized appreciation (depreciation) | 78,129 | |
Net increase (decrease) in net assets resulting from operations | 88,757 | |
Distributions to shareholders | (5,680) | |
Share transactions - net increase (decrease) | 1,234,549 | |
Total increase (decrease) in net assets | 1,317,626 | |
Net Assets | ||
Beginning of period | - | |
End of period | $ | 1,317,626 |
Fidelity Advisor Managed Retirement 2035 Fund℠ Class A |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .048 | |
Net realized and unrealized gain (loss) | .736 | |
Total from investment operations | .784 | |
Distributions from net investment income | (.034) | |
Total distributions | (.034) | |
Net asset value, end of period | $ | 10.75 |
Total Return D,E,F | 7.86% | |
Ratios to Average Net Assets C,G,H | ||
Expenses before reductions | .73% I | |
Expenses net of fee waivers, if any | .73% I | |
Expenses net of all reductions | .73% I | |
Net investment income (loss) | .75% I | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 115 |
Portfolio turnover rate J | 59% I |
Fidelity Managed Retirement 2035 Fund℠ |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .065 | |
Net realized and unrealized gain (loss) | .735 | |
Total from investment operations | .800 | |
Distributions from net investment income | (.050) | |
Total distributions | (.050) | |
Net asset value, end of period | $ | 10.75 |
Total Return D,E | 8.02% | |
Ratios to Average Net Assets C,F,G | ||
Expenses before reductions | .48% H | |
Expenses net of fee waivers, if any | .48% H | |
Expenses net of all reductions | .48% H | |
Net investment income (loss) | 1.00% H | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 765 |
Portfolio turnover rate I | 59% H |
Fidelity Managed Retirement 2035 Fund℠ Class K |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .071 | |
Net realized and unrealized gain (loss) | .739 | |
Total from investment operations | .810 | |
Distributions from net investment income | (.050) | |
Total distributions | (.050) | |
Net asset value, end of period | $ | 10.76 |
Total Return D,E | 8.12% | |
Ratios to Average Net Assets C,F,G | ||
Expenses before reductions | .38% H | |
Expenses net of fee waivers, if any | .38% H | |
Expenses net of all reductions | .38% H | |
Net investment income (loss) | 1.10% H | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 108 |
Portfolio turnover rate I | 59% H |
Fidelity Managed Retirement 2035 Fund℠ Class K6 |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .077 | |
Net realized and unrealized gain (loss) | .739 | |
Total from investment operations | .816 | |
Distributions from net investment income | (.056) | |
Total distributions | (.056) | |
Net asset value, end of period | $ | 10.76 |
Total Return D,E | 8.19% | |
Ratios to Average Net Assets C,F,G | ||
Expenses before reductions | .28% H | |
Expenses net of fee waivers, if any | .28% H | |
Expenses net of all reductions | .28% H | |
Net investment income (loss) | 1.20% H | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 108 |
Portfolio turnover rate I | 59% H |
Fidelity Advisor Managed Retirement 2035 Fund℠ Class I |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .064 | |
Net realized and unrealized gain (loss) | .741 | |
Total from investment operations | .805 | |
Distributions from net investment income | (.045) | |
Total distributions | (.045) | |
Net asset value, end of period | $ | 10.76 |
Total Return D,E | 8.07% | |
Ratios to Average Net Assets C,F,G | ||
Expenses before reductions | .48% H | |
Expenses net of fee waivers, if any | .48% H | |
Expenses net of all reductions | .48% H | |
Net investment income (loss) | 1.00% H | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 113 |
Portfolio turnover rate I | 59% H |
Fidelity Advisor Managed Retirement 2035 Fund℠ Class Z6 |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .077 | |
Net realized and unrealized gain (loss) | .739 | |
Total from investment operations | .816 | |
Distributions from net investment income | (.056) | |
Total distributions | (.056) | |
Net asset value, end of period | $ | 10.76 |
Total Return D,E | 8.19% | |
Ratios to Average Net Assets B,F,G | ||
Expenses before reductions | .28% H | |
Expenses net of fee waivers, if any | .28% H | |
Expenses net of all reductions | .28% H | |
Net investment income (loss) | 1.20% H | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 108 |
Portfolio turnover rate I | 59% 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% |
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Managed Retirement Income Fund | $17,564,360 | $407,862 | $(1,604,279) | $(1,196,417) |
Fidelity Managed Retirement 2010 Fund | 6,460,345 | 206,444 | (510,088) | (303,644) |
Fidelity Managed Retirement 2015 Fund | 6,669,869 | 281,496 | (595,871) | (314,375) |
Fidelity Managed Retirement 2020 Fund | 9,172,942 | 454,388 | (872,027) | (417,639) |
Fidelity Managed Retirement 2025 Fund | 55,261,672 | 3,016,062 | (5,253,394) | (2,237,332) |
Fidelity Managed Retirement 2030 Fund | 41,802,538 | 1,620,709 | (4,358,263) | (2,737,554) |
Fidelity Managed Retirement 2035 Fund | 1,242,656 | 82,934 | (7,986) | 74,948 |
Undistributed ordinary income | Undistributed long-term capital gain | Capital loss carryforward | Net unrealized appreciation (depreciation) on securities and other investments | |
Fidelity Managed Retirement Income Fund | $32,797 | $ - | $ (527,464) | $ (1,196,417) |
Fidelity Managed Retirement 2010 Fund | 12,175 | - | (86,627) | (303,644) |
Fidelity Managed Retirement 2015 Fund | 11,209 | - | (105,078) | (314,375) |
Fidelity Managed Retirement 2020 Fund | 13,781 | - | (287,256) | (417,639) |
Fidelity Managed Retirement 2025 Fund | 73,604 | - | - | (2,237,332) |
Fidelity Managed Retirement 2030 Fund | 50,381 | - | - | (2,737,554) |
Fidelity Managed Retirement 2035 Fund | 7,951 | 179 | - | 74,948 |
Short-term | Long-term | Total capital loss carryforward | |
Fidelity Managed Retirement Income Fund | $ (162,795) | $ (364,669) | $ (527,464) |
Fidelity Managed Retirement 2010 Fund | (30,489) | (56,138) | (86,627) |
Fidelity Managed Retirement 2015 Fund | (42,190) | (62,888) | (105,078) |
Fidelity Managed Retirement 2020 Fund | (90,319) | (196,937) | (287,256) |
Capital losses | |
Fidelity Managed Retirement 2025 Fund | (1,505,240) |
Fidelity Managed Retirement 2030 Fund | (898,385) |
July 31, 2023 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Managed Retirement Income Fund | $641,673 | $208,756 | $850,429 |
Fidelity Managed Retirement 2010 Fund | 232,387 | 107,580 | 339,967 |
Fidelity Managed Retirement 2015 Fund | 230,915 | 107,231 | 338,146 |
Fidelity Managed Retirement 2020 Fund | 325,626 | 34,558 | 360,184 |
Fidelity Managed Retirement 2025 Fund | 1,752,862 | 854,980 | 2,607,842 |
Fidelity Managed Retirement 2030 Fund | 1,151,131 | 342,980 | 1,494,111 |
Fidelity Managed Retirement 2035 Fund A | 5,680 | - | 5,680 |
July 31, 2022 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Managed Retirement Income Fund | $570,265 | $229,570 | $799,835 |
Fidelity Managed Retirement 2010 Fund | 205,143 | 243,966 | 449,109 |
Fidelity Managed Retirement 2015 Fund | 244,092 | 207,714 | 451,806 |
Fidelity Managed Retirement 2020 Fund | 362,701 | 222,089 | 584,790 |
Fidelity Managed Retirement 2025 Fund | 1,892,237 | 1,284,235 | 3,176,472 |
Fidelity Managed Retirement 2030 Fund | 1,142,383 | 621,866 | 1,764,249 |
Purchases ($) | Sales ($) | |
Fidelity Managed Retirement Income Fund | 4,219,296 | 5,202,147 |
Fidelity Managed Retirement 2010 Fund | 1,369,385 | 1,685,199 |
Fidelity Managed Retirement 2015 Fund | 1,518,814 | 2,323,793 |
Fidelity Managed Retirement 2020 Fund | 2,621,166 | 3,886,849 |
Fidelity Managed Retirement 2025 Fund | 16,393,806 | 19,072,598 |
Fidelity Managed Retirement 2030 Fund | 15,661,271 | 11,092,099 |
Fidelity Managed Retirement 2035 Fund | 1,672,164 | 435,687 |
Annual % of Class-Level Average Net Assets (Classes A, Retail and I) | Annual % of Class-Level Average Net Assets (Classes K, K6 and Z6) | |
Fidelity Managed Retirement Income Fund | .45% | .35% |
Fidelity Managed Retirement 2010 Fund | .46% | .36% |
Fidelity Managed Retirement 2015 Fund | .46% | .36% |
Fidelity Managed Retirement 2020 Fund | .47% | .37% |
Fidelity Managed Retirement 2025 Fund | .48% | .38% |
Fidelity Managed Retirement 2030 Fund | .48% | .38% |
Fidelity Managed Retirement 2035 Fund | .48% | .38% |
Annual % of Class-Level Average Net Assets (Classes K6 and Z6) | |
Fidelity Managed Retirement Income Fund | .25% |
Fidelity Managed Retirement 2010 Fund | .26% |
Fidelity Managed Retirement 2015 Fund | .26% |
Fidelity Managed Retirement 2020 Fund | .27% |
Fidelity Managed Retirement 2025 Fund | .28% |
Fidelity Managed Retirement 2030 Fund | .28% |
Fidelity Managed Retirement 2035 Fund | .28% |
Distribution Fee | Service Fee | Total Fees | Retained by FDC | |
Fidelity Managed Retirement Income Fund | ||||
Class A | - % | .25% | $1,680 | $19 |
$1,680 | $19 | |||
Fidelity Managed Retirement 2010 Fund | ||||
Class A | - % | .25% | $728 | $3 |
$728 | $3 | |||
Fidelity Managed Retirement 2015 Fund | ||||
Class A | - % | .25% | $2,893 | $10 |
$2,893 | $10 | |||
Fidelity Managed Retirement 2020 Fund | ||||
Class A | - % | .25% | $1,300 | $8 |
$1,300 | $8 | |||
Fidelity Managed Retirement 2025 Fund | ||||
Class A | - % | .25% | $4,080 | $11 |
$4,080 | $11 | |||
Fidelity Managed Retirement 2030 Fund | ||||
Class A | - % | .25% | $1,007 | $129 |
$1,007 | $129 | |||
Fidelity Managed Retirement 2035 Fund | ||||
Class A | - % | .25% | $163 | $162 |
$163 | $162 |
Retained by FDC | |
Fidelity Managed Retirement Income Fund | |
Class A | $1,514 |
Fidelity Managed Retirement 2010 Fund | |
Class A | $- |
Fidelity Managed Retirement 2015 Fund | |
Class A | $- |
Fidelity Managed Retirement 2020 Fund | |
Class A | $- |
Fidelity Managed Retirement 2025 Fund | |
Class A | $236 |
Fidelity Managed Retirement 2030 Fund | |
Class A | $1,716 |
Fidelity Managed Retirement 2035 Fund | |
Class A | $- |
Value of Investments and Cash reallocated ($) | Net realized Gain (Loss) on redemptions of Underlying Fund ($) | |
Fidelity Managed Retirement Income Fund | 1,944,779 | 89,719 |
Fidelity Managed Retirement 2010 Fund | 603,205 | 48,796 |
Fidelity Managed Retirement 2015 Fund | 604,324 | 33,280 |
Fidelity Managed Retirement 2020 Fund | 771,991 | 27,286 |
Fidelity Managed Retirement 2025 Fund | 3,340,942 | 112,223 |
Fidelity Managed Retirement 2030 Fund | 1,816,824 | (6,325) |
Custodian credits | Transfer Agent credits | |
Fidelity Managed Retirement Income Fund | ||
Class A | $36 | |
Fidelity Managed Retirement 2010 Fund | ||
Fidelity Managed Retirement 2010 | $2 | |
Fidelity Managed Retirement 2015 Fund | ||
Class K6 | $13 | |
Fidelity Managed Retirement 2020 Fund | ||
Fidelity Managed Retirement 2020 | $1 | |
Fidelity Managed Retirement 2025 Fund | ||
Fidelity Managed Retirement 2025 | $13 | |
Fidelity Managed Retirement 2030 Fund | ||
Fidelity Managed Retirement 2030 | $6 | |
Class K6 | $1 | |
Class I | $14 | |
Fidelity Managed Retirement 2035 Fund | ||
Fidelity Managed Retirement 2035 | $1 |
Year ended July 31, 2023A | Year ended July 31, 2022 | |
Fidelity Managed Retirement Income Fund | ||
Distributions to shareholders | ||
Class A | $30,825 | $23,201 |
Fidelity Managed Retirement Income | 765,103 | 730,653 |
Class K | 5,595 | 4,211 |
Class K6 | 36,074 | 28,418 |
Class I | 7,544 | 9,013 |
Class Z6 | 5,288 | 4,339 |
Total | $850,429 | $799,835 |
Fidelity Managed Retirement 2010 Fund | ||
Distributions to shareholders | ||
Class A | $15,168 | $21,558 |
Fidelity Managed Retirement 2010 | 287,106 | 391,662 |
Class K | 5,856 | 7,043 |
Class K6 | 17,663 | 11,163 |
Class I | 5,302 | 6,595 |
Class Z6 | 8,872 | 11,088 |
Total | $339,967 | $449,109 |
Fidelity Managed Retirement 2015 Fund | ||
Distributions to shareholders | ||
Class A | $57,506 | $70,787 |
Fidelity Managed Retirement 2015 | 236,084 | 340,286 |
Class K | 5,945 | 6,403 |
Class K6 | 19,064 | 12,656 |
Class I | 13,748 | 15,144 |
Class Z6 | 5,799 | 6,530 |
Total | $338,146 | $451,806 |
Fidelity Managed Retirement 2020 Fund | ||
Distributions to shareholders | ||
Class A | $19,273 | $27,651 |
Fidelity Managed Retirement 2020 | 286,009 | 502,416 |
Class K | 4,448 | 5,860 |
Class K6 | 37,690 | 28,546 |
Class I | 8,321 | 14,316 |
Class Z6 | 4,443 | 6,001 |
Total | $360,184 | $584,790 |
Fidelity Managed Retirement 2025 Fund | ||
Distributions to shareholders | ||
Class A | $75,727 | $93,730 |
Fidelity Managed Retirement 2025 | 2,377,382 | 2,917,914 |
Class K | 6,792 | 6,623 |
Class K6 | 122,627 | 115,837 |
Class I | 19,622 | 35,623 |
Class Z6 | 5,692 | 6,745 |
Total | $2,607,842 | $3,176,472 |
Fidelity Managed Retirement 2030 Fund | ||
Distributions to shareholders | ||
Class A | $15,906 | $22,711 |
Fidelity Managed Retirement 2030 Fund | 1,412,691 | 1,630,623 |
Class K | 9,749 | 10,537 |
Class K6 | 34,156 | 70,002 |
Class I | 12,934 | 19,563 |
Class Z6 | 8,675 | 10,813 |
Total | $1,494,111 | $1,764,249 |
Fidelity Managed Retirement 2035 Fund | ||
Distributions to shareholders | ||
Class A | $340 | $- |
Fidelity Managed Retirement 2035 Fund | 3,249 | - |
Class K | 501 | - |
Class K6 | 561 | - |
Class I | 468 | - |
Class Z6 | 561 | - |
Total | $5,680 | $- |
Shares | Shares | Dollars | Dollars | |
Year ended July 31, 2023A | Year ended July 31, 2022 | Year ended July 31, 2023A | Year ended July 31, 2022 | |
Fidelity Managed Retirement Income Fund | ||||
Class A | ||||
Shares sold | 3,627 | 4,335 | $195,073 | $258,005 |
Reinvestment of distributions | 565 | 361 | 29,856 | 22,335 |
Shares redeemed | (1,940) | (3,295) | (104,167) | (201,987) |
Net increase (decrease) | 2,252 | 1,401 | $120,762 | $78,353 |
Fidelity Managed Retirement Income | ||||
Shares sold | 27,223 | 79,943 | $1,477,101 | $4,847,918 |
Reinvestment of distributions | 12,187 | 10,359 | 644,354 | 639,506 |
Shares redeemed | (54,848) | (118,209) | (2,924,303) | (7,007,849) |
Net increase (decrease) | (15,438) | (27,907) | $(802,848) | $(1,520,425) |
Class K | ||||
Shares sold | 727 | - | $38,462 | $ - |
Reinvestment of distributions | 106 | 69 | 5,595 | 4,211 |
Shares redeemed | (297) | - | (15,918) | - |
Net increase (decrease) | 536 | 69 | $28,139 | $4,211 |
Class K6 | ||||
Shares sold | 3,785 | 9,760 | $206,587 | $601,002 |
Reinvestment of distributions | 683 | 462 | 36,074 | 28,418 |
Shares redeemed | (7,900) | (6,134) | (413,843) | (367,494) |
Net increase (decrease) | (3,432) | 4,088 | $(171,182) | $261,926 |
Class I | ||||
Shares sold | 586 | - | $31,608 | $ - |
Reinvestment of distributions | 135 | 134 | 7,118 | 8,270 |
Shares redeemed | (895) | (1,268) | (47,227) | (74,871) |
Net increase (decrease) | (174) | (1,134) | $(8,501) | $(66,601) |
Class Z6 | ||||
Reinvestment of distributions | 100 | 70 | $5,288 | $4,339 |
Net increase (decrease) | 100 | 70 | $5,288 | $4,339 |
Fidelity Managed Retirement 2010 Fund | ||||
Class A | ||||
Shares sold | - | 47 | $- | $2,509 |
Reinvestment of distributions | 301 | 359 | 15,168 | 21,558 |
Shares redeemed | (1,638) | (718) | (83,733) | (41,005) |
Net increase (decrease) | (1,337) | (312) | $(68,565) | $(16,938) |
Fidelity Managed Retirement 2010 | ||||
Shares sold | 3,923 | 14,547 | $200,194 | $829,091 |
Reinvestment of distributions | 4,718 | 5,806 | 238,071 | 348,856 |
Shares redeemed | (11,670) | (23,561) | (596,306) | (1,363,916) |
Net increase (decrease) | (3,029) | (3,208) | $(158,041) | $(185,969) |
Class K | ||||
Shares sold | 366 | - | $18,719 | $ - |
Reinvestment of distributions | 116 | 118 | 5,856 | 7,043 |
Net increase (decrease) | 482 | 118 | $24,575 | $7,043 |
Class K6 | ||||
Shares sold | 379 | 3,756 | $19,151 | $209,788 |
Reinvestment of distributions | 351 | 187 | 17,663 | 11,163 |
Shares redeemed | (1,351) | (489) | (68,089) | (28,840) |
Net increase (decrease) | (621) | 3,454 | $(31,275) | $192,111 |
Class I | ||||
Reinvestment of distributions | 105 | 110 | $5,302 | $6,595 |
Shares redeemed | (214) | - | (10,928) | - |
Net increase (decrease) | (109) | 110 | $(5,626) | $6,595 |
Class Z6 | ||||
Reinvestment of distributions | 176 | 185 | $8,872 | $11,088 |
Shares redeemed | (43) | (43) | (2,153) | (2,515) |
Net increase (decrease) | 133 | 142 | $6,719 | $8,573 |
Fidelity Managed Retirement 2015 Fund | ||||
Class A | ||||
Shares sold | - | 112 | $ - | $6,591 |
Reinvestment of distributions | 1,181 | 1,208 | 57,506 | 70,787 |
Shares redeemed | (4,218) | (1,770) | (210,819) | (99,383) |
Net increase (decrease) | (3,037) | (450) | $(153,313) | $(22,005) |
Fidelity Managed Retirement 2015 | ||||
Shares sold | 6,953 | 12,644 | $340,470 | $702,163 |
Reinvestment of distributions | 4,392 | 5,542 | 214,460 | 324,754 |
Shares redeemed | (10,936) | (38,552) | (540,007) | (2,118,332) |
Net increase (decrease) | 409 | (20,366) | $14,923 | $(1,091,415) |
Class K | ||||
Shares sold | 1,148 | - | $57,268 | $ - |
Reinvestment of distributions | 122 | 109 | 5,945 | 6,403 |
Net increase (decrease) | 1,270 | 109 | $63,213 | $6,403 |
Class K6 | ||||
Shares sold | 178 | 17,000 | $8,810 | $908,785 |
Reinvestment of distributions | 389 | 219 | 19,064 | 12,656 |
Shares redeemed | (13,320) | (4,625) | (673,024) | (237,763) |
Net increase (decrease) | (12,753) | 12,594 | $(645,150) | $683,678 |
Class I | ||||
Shares sold | 17 | 504 | $863 | $30,000 |
Reinvestment of distributions | 281 | 259 | 13,711 | 15,144 |
Shares redeemed | (601) | (40) | (29,656) | (2,347) |
Net increase (decrease) | (303) | 723 | $(15,082) | $42,797 |
Class Z6 | ||||
Reinvestment of distributions | 119 | 112 | $5,799 | $6,530 |
Net increase (decrease) | 119 | 112 | $5,799 | $6,530 |
Fidelity Managed Retirement 2020 Fund | ||||
Class A | ||||
Shares sold | 2,463 | 2,597 | $121,452 | $151,458 |
Reinvestment of distributions | 401 | 474 | 19,273 | 27,651 |
Shares redeemed | (8,092) | (4,580) | (404,954) | (262,598) |
Net increase (decrease) | (5,228) | (1,509) | $(264,229) | $(83,489) |
Fidelity Managed Retirement 2020 | ||||
Shares sold | 12,552 | 35,834 | $628,868 | $2,017,295 |
Reinvestment of distributions | 5,374 | 7,500 | 259,182 | 436,751 |
Shares redeemed | (32,324) | (76,962) | (1,575,144) | (4,256,265) |
Net increase (decrease) | (14,398) | (33,628) | $(687,094) | $(1,802,219) |
Class K | ||||
Shares sold | 475 | - | $23,783 | $ - |
Reinvestment of distributions | 92 | 101 | 4,448 | 5,860 |
Net increase (decrease) | 567 | 101 | $28,231 | $5,860 |
Class K6 | ||||
Shares sold | 1,248 | 34,851 | $62,179 | $1,904,684 |
Reinvestment of distributions | 781 | 495 | 37,690 | 28,546 |
Shares redeemed | (8,929) | (24,400) | (438,956) | (1,299,460) |
Net increase (decrease) | (6,900) | 10,946 | $(339,087) | $633,770 |
Class I | ||||
Shares sold | 13 | 71 | $618 | $3,559 |
Reinvestment of distributions | 172 | 244 | 8,288 | 14,198 |
Shares redeemed | (711) | (852) | (35,756) | (45,768) |
Net increase (decrease) | (526) | (537) | $(26,850) | $(28,011) |
Class Z6 | ||||
Reinvestment of distributions | 92 | 103 | $4,443 | $6,001 |
Net increase (decrease) | 92 | 103 | $4,443 | $6,001 |
Fidelity Managed Retirement 2025 Fund | ||||
Class A | ||||
Shares sold | 1,080 | 1,857 | $55,268 | $112,295 |
Reinvestment of distributions | 1,528 | 1,538 | 75,727 | 93,730 |
Shares redeemed | (4,001) | (1,639) | (205,772) | (92,245) |
Net increase (decrease) | (1,393) | 1,756 | $(74,777) | $113,780 |
Fidelity Managed Retirement 2025 | ||||
Shares sold | 97,735 | 296,505 | $5,028,821 | $17,455,286 |
Reinvestment of distributions | 40,549 | 43,173 | 2,018,409 | 2,631,538 |
Shares redeemed | (196,184) | (258,937) | (9,971,080) | (14,955,162) |
Net increase (decrease) | (57,900) | 80,741 | $(2,923,850) | $5,131,662 |
Class K | ||||
Shares sold | 4,979 | - | $256,058 | $ - |
Reinvestment of distributions | 129 | 109 | 6,433 | 6,623 |
Shares redeemed | (349) | - | (17,869) | - |
Net increase (decrease) | 4,759 | 109 | $244,622 | $6,623 |
Class K6 | ||||
Shares sold | 32,944 | 64,022 | $1,672,600 | $3,799,515 |
Reinvestment of distributions | 2,463 | 1,905 | 122,627 | 115,837 |
Shares redeemed | (17,193) | (42,047) | (871,481) | (2,507,197) |
Net increase (decrease) | 18,214 | 23,880 | $923,746 | $1,408,155 |
Class I | ||||
Shares sold | 1,828 | 987 | $92,326 | $52,884 |
Reinvestment of distributions | 394 | 583 | 19,622 | 35,623 |
Shares redeemed | (9,270) | (3,393) | (468,440) | (195,953) |
Net increase (decrease) | (7,048) | (1,823) | $(356,492) | $(107,446) |
Class Z6 | ||||
Reinvestment of distributions | 114 | 109 | $5,692 | $6,745 |
Net increase (decrease) | 114 | 109 | $5,692 | $6,745 |
Fidelity Managed Retirement 2030 Fund | ||||
Class A | ||||
Shares sold | 18,613 | 10,183 | $194,871 | $117,544 |
Reinvestment of distributions | 1,611 | 1,860 | 15,906 | 22,711 |
Shares redeemed | (11,369) | (17,015) | (114,724) | (207,301) |
Net increase (decrease) | 8,855 | (4,972) | $96,053 | $(67,046) |
Fidelity Managed Retirement 2030 Fund | ||||
Shares sold | 723,736 | 1,410,617 | $7,415,873 | $17,095,755 |
Reinvestment of distributions | 121,301 | 119,058 | 1,200,188 | 1,449,121 |
Shares redeemed | (542,920) | (814,796) | (5,507,199) | (9,513,672) |
Net increase (decrease) | 302,117 | 714,879 | $3,108,862 | $9,031,204 |
Class K | ||||
Shares sold | 13,268 | - | $134,681 | $ - |
Reinvestment of distributions | 981 | 865 | 9,749 | 10,537 |
Shares redeemed | (2) | - | (21) | - |
Net increase (decrease) | 14,247 | 865 | $144,409 | $10,537 |
Class K6 | ||||
Shares sold | 146,146 | 172,801 | $1,498,389 | $1,982,234 |
Reinvestment of distributions | 3,423 | 5,738 | 34,156 | 70,002 |
Shares redeemed | (34,929) | (211,644) | (372,535) | (2,410,238) |
Net increase (decrease) | 114,640 | (33,105) | $1,160,010 | $(358,002) |
Class I | ||||
Shares sold | 3,910 | 3,559 | $39,746 | $41,327 |
Reinvestment of distributions | 1,305 | 1,604 | 12,934 | 19,563 |
Shares redeemed | (5,815) | (5,199) | (58,499) | (61,062) |
Net increase (decrease) | (600) | (36) | $(5,819) | $(172) |
Class Z6 | ||||
Shares sold | 14,761 | 36 | $152,590 | $451 |
Reinvestment of distributions | 859 | 888 | 8,523 | 10,813 |
Shares redeemed | (1,499) | - | (15,434) | - |
Net increase (decrease) | 14,121 | 924 | $145,679 | $11,264 |
Fidelity Managed Retirement 2035 Fund | ||||
Class A | ||||
Shares sold | 10,668 | - | $107,138 | $ - |
Reinvestment of distributions | 33 | - | 340 | - |
Net increase (decrease) | 10,701 | - | $107,478 | $ - |
Fidelity Managed Retirement 2035 Fund | ||||
Shares sold | 103,506 | - | $1,054,826 | $ - |
Reinvestment of distributions | 120 | - | 1,244 | - |
Shares redeemed | (32,540) | - | (336,222) | - |
Net increase (decrease) | 71,086 | - | $719,848 | $ - |
Class K | ||||
Shares sold | 10,000 | - | $100,000 | $ - |
Reinvestment of distributions | 49 | - | 501 | - |
Net increase (decrease) | 10,049 | - | $100,501 | $ - |
Class K6 | ||||
Shares sold | 10,013 | - | $100,135 | $ - |
Reinvestment of distributions | 54 | - | 561 | - |
Shares redeemed | - | - | (3) | - |
Net increase (decrease) | 10,067 | - | $100,693 | $ - |
Class I | ||||
Shares sold | 10,485 | - | $105,000 | $ - |
Reinvestment of distributions | 45 | - | 468 | - |
Net increase (decrease) | 10,530 | - | $105,468 | $ - |
Class Z6 | ||||
Shares sold | 10,000 | - | $100,000 | $ - |
Reinvestment of distributions | 54 | - | 561 | - |
Net increase (decrease) | 10,054 | - | $100,561 | $ - |
Fund | Affiliated % |
Fidelity Managed Retirement 2035 Fund | 30% |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (February 1, 2023 to July 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value February 1, 2023 | Ending Account Value July 31, 2023 | Expenses Paid During Period- C February 1, 2023 to July 31, 2023 | |||||||
Fidelity Managed Retirement Income Fund℠ | ||||||||||
Class A | .70% | |||||||||
Actual | $ 1,000 | $ 1,010.60 | $ 3.49 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.32 | $ 3.51 | |||||||
Fidelity Managed Retirement Income Fund℠ | .45% | |||||||||
Actual | $ 1,000 | $ 1,011.50 | $ 2.24 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.56 | $ 2.26 | |||||||
Class K | .35% | |||||||||
Actual | $ 1,000 | $ 1,012.30 | $ 1.75 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.06 | $ 1.76 | |||||||
Class K6 | .25% | |||||||||
Actual | $ 1,000 | $ 1,012.70 | $ 1.25 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.55 | $ 1.25 | |||||||
Class I | .45% | |||||||||
Actual | $ 1,000 | $ 1,011.80 | $ 2.24 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.56 | $ 2.26 | |||||||
Class Z6 | .25% | |||||||||
Actual | $ 1,000 | $ 1,012.70 | $ 1.25 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.55 | $ 1.25 | |||||||
Fidelity Managed Retirement 2010 Fund℠ | ||||||||||
Class A | .71% | |||||||||
Actual | $ 1,000 | $ 1,012.70 | $ 3.54 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.27 | $ 3.56 | |||||||
Fidelity Managed Retirement 2010 Fund℠ | .46% | |||||||||
Actual | $ 1,000 | $ 1,013.90 | $ 2.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.51 | $ 2.31 | |||||||
Class K | .36% | |||||||||
Actual | $ 1,000 | $ 1,014.40 | $ 1.80 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.01 | $ 1.81 | |||||||
Class K6 | .26% | |||||||||
Actual | $ 1,000 | $ 1,014.80 | $ 1.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.51 | $ 1.30 | |||||||
Class I | .46% | |||||||||
Actual | $ 1,000 | $ 1,013.80 | $ 2.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.51 | $ 2.31 | |||||||
Class Z6 | .26% | |||||||||
Actual | $ 1,000 | $ 1,014.80 | $ 1.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.51 | $ 1.30 | |||||||
Fidelity Managed Retirement 2015 Fund℠ | ||||||||||
Class A | .71% | |||||||||
Actual | $ 1,000 | $ 1,018.00 | $ 3.55 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.27 | $ 3.56 | |||||||
Fidelity Managed Retirement 2015 Fund℠ | .46% | |||||||||
Actual | $ 1,000 | $ 1,019.10 | $ 2.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.51 | $ 2.31 | |||||||
Class K | .36% | |||||||||
Actual | $ 1,000 | $ 1,019.70 | $ 1.80 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.01 | $ 1.81 | |||||||
Class K6 | .26% | |||||||||
Actual | $ 1,000 | $ 1,020.20 | $ 1.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.51 | $ 1.30 | |||||||
Class I | .46% | |||||||||
Actual | $ 1,000 | $ 1,019.10 | $ 2.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.51 | $ 2.31 | |||||||
Class Z6 | .26% | |||||||||
Actual | $ 1,000 | $ 1,020.10 | $ 1.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.51 | $ 1.30 | |||||||
Fidelity Managed Retirement 2020 Fund℠ | ||||||||||
Class A | .72% | |||||||||
Actual | $ 1,000 | $ 1,023.40 | $ 3.61 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.22 | $ 3.61 | |||||||
Fidelity Managed Retirement 2020 Fund℠ | .47% | |||||||||
Actual | $ 1,000 | $ 1,024.60 | $ 2.36 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.46 | $ 2.36 | |||||||
Class K | .37% | |||||||||
Actual | $ 1,000 | $ 1,025.20 | $ 1.86 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.96 | $ 1.86 | |||||||
Class K6 | .27% | |||||||||
Actual | $ 1,000 | $ 1,025.60 | $ 1.36 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.46 | $ 1.35 | |||||||
Class I | .47% | |||||||||
Actual | $ 1,000 | $ 1,024.60 | $ 2.36 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.46 | $ 2.36 | |||||||
Class Z6 | .27% | |||||||||
Actual | $ 1,000 | $ 1,025.60 | $ 1.36 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.46 | $ 1.35 | |||||||
Fidelity Managed Retirement 2025 Fund℠ | ||||||||||
Class A | .73% | |||||||||
Actual | $ 1,000 | $ 1,028.70 | $ 3.67 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.17 | $ 3.66 | |||||||
Fidelity Managed Retirement 2025 Fund℠ | .48% | |||||||||
Actual | $ 1,000 | $ 1,030.00 | $ 2.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class K | .38% | |||||||||
Actual | $ 1,000 | $ 1,030.50 | $ 1.91 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.91 | $ 1.91 | |||||||
Class K6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,030.90 | $ 1.41 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Class I | .48% | |||||||||
Actual | $ 1,000 | $ 1,030.10 | $ 2.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class Z6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,030.90 | $ 1.41 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Fidelity Managed Retirement 2030 Fund℠ | ||||||||||
Class A | .73% | |||||||||
Actual | $ 1,000 | $ 1,033.00 | $ 3.68 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.17 | $ 3.66 | |||||||
Fidelity Managed Retirement 2030 Fund℠ | .48% | |||||||||
Actual | $ 1,000 | $ 1,034.10 | $ 2.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class K | .38% | |||||||||
Actual | $ 1,000 | $ 1,034.50 | $ 1.92 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.91 | $ 1.91 | |||||||
Class K6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,035.20 | $ 1.41 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Class I | .48% | |||||||||
Actual | $ 1,000 | $ 1,034.00 | $ 2.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class Z6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,035.00 | $ 1.41 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Fidelity Managed Retirement 2035 Fund℠ | ||||||||||
Class A | .73% | |||||||||
Actual | $ 1,000 | $ 1,036.20 | $ 3.69 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.17 | $ 3.66 | |||||||
Fidelity Managed Retirement 2035 Fund℠ | .48% | |||||||||
Actual | $ 1,000 | $ 1,037.70 | $ 2.43 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class K | .38% | |||||||||
Actual | $ 1,000 | $ 1,038.70 | $ 1.92 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.91 | $ 1.91 | |||||||
Class K6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,039.30 | $ 1.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Class I | .48% | |||||||||
Actual | $ 1,000 | $ 1,038.20 | $ 2.43 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.41 | $ 2.41 | |||||||
Class Z6 | .28% | |||||||||
Actual | $ 1,000 | $ 1,039.30 | $ 1.42 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.41 | $ 1.40 | |||||||
Fidelity Managed Retirement 2025 Fund | $20,606 |
Fidelity Managed Retirement 2030 Fund | $62,862 |
Fidelity Managed Retirement 2035 Fund | $179 |
Fidelity Managed Retirement Income Fund | 40.86% |
Fidelity Managed Retirement 2010 Fund | 39.30% |
Fidelity Managed Retirement 2015 Fund | 35.62% |
Fidelity Managed Retirement 2020 Fund | 32.10% |
Fidelity Managed Retirement 2025 Fund | 28.74% |
Fidelity Managed Retirement 2030 Fund | 26.90% |
Fidelity Managed Retirement 2035 Fund | 35.86% |
Class A | Retail Class | Class K | Class K6 | Class I | Class Z6 | |
Fidelity Managed Retirement Income Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 12.80% | 6.69% | 5.66% | 4.75% | 6.85% | 4.91% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 10.43% | 10.16% | 10.06% | 9.94% | 10.16% | 9.96% |
November 2022 | 12.57% | 10.16% | 9.60% | 8.95% | 10.16% | 8.95% |
December 2022 | 10.44% | 10.16% | 10.02% | 9.96% | 10.18% | 9.93% |
February 2023 | 0.61% | 0.52% | 0.47% | 0.46% | 0.52% | 0.45% |
March 2023 | 0.68% | 0.52% | 0.46% | 0.43% | 0.52% | 0.43% |
April 2023 | 0.63% | 0.52% | 0.48% | 0.45% | 0.52% | 0.45% |
May 2023 | 0.57% | 0.52% | 0.50% | 0.48% | 0.50% | 0.49% |
June 2023 | 0.59% | 0.52% | 0.49% | 0.46% | 0.51% | 0.46% |
July 2023 | 0.60% | 0.52% | 0.49% | 0.46% | 0.52% | 0.46% |
Fidelity Managed Retirement 2010 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 10.54% | 8.03% | 7.34% | 6.75% | 8.03% | 6.75% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 12.37% | 12.06% | 11.96% | 11.81% | 12.06% | 11.81% |
November 2022 | 14.75% | 12.07% | 12.07% | 10.71% | 12.07% | 10.54% |
December 2022 | 12.40% | 12.06% | 11.87% | 11.79% | 12.05% | 11.79% |
February 2023 | 0.45% | 0.37% | 0.33% | 0.32% | 0.37% | 0.32% |
March 2023 | 0.48% | 0.36% | 0.34% | 0.31% | 0.36% | 0.31% |
April 2023 | 0.44% | 0.37% | 0.34% | 0.32% | 0.37% | 0.32% |
May 2023 | 0.41% | 0.36% | 0.35% | 0.33% | 0.36% | 0.33% |
June 2023 | 0.44% | 0.36% | 0.34% | 0.32% | 0.37% | 0.32% |
July 2023 | 0.42% | 0.36% | 0.34% | 0.33% | 0.37% | 0.33% |
Fidelity Managed Retirement 2015 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 15.63% | 11.82% | 10.77% | 10.31% | 11.82% | 9.89% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 15.79% | 15.42% | 15.29% | 15.19% | 15.42% | 15.13% |
November 2022 | 19.23% | 15.11% | 14.76% | 12.44% | 15.11% | 12.69% |
December 2022 | 15.74% | 15.41% | 15.22% | 15.34% | 15.40% | 15.15% |
February 2023 | 1.26% | 0.80% | 0.66% | 0.64% | 0.82% | 0.63% |
March 2023 | 1.19% | 0.80% | 0.72% | 0.65% | 0.80% | 0.65% |
April 2023 | 0.99% | 0.82% | 0.77% | 0.73% | 0.82% | 0.73% |
May 2023 | 0.95% | 0.82% | 0.77% | 0.75% | 0.85% | 0.75% |
June 2023 | 1.00% | 0.82% | 0.76% | 0.79% | 0.82% | 0.71% |
July 2023 | 0.97% | 0.82% | 0.78% | 0.74% | 0.82% | 0.73% |
Fidelity Managed Retirement 2020 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 18.18% | 13.85% | 12.65% | 11.64% | 14.19% | 11.64% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 19.09% | 18.64% | 18.52% | 18.32% | 18.64% | 18.28% |
November 2022 | 24.89% | 18.84% | 17.87% | 15.49% | 18.34% | 16.60% |
December 2022 | 18.94% | 18.66% | 18.38% | 18.23% | 18.64% | 18.19% |
February 2023 | 1.13% | 0.98% | 0.81% | 0.79% | 0.98% | 0.79% |
March 2023 | 1.37% | 0.98% | 0.86% | 0.78% | 0.95% | 0.78% |
April 2023 | 1.18% | 0.98% | 0.90% | 0.85% | 0.98% | 0.85% |
May 2023 | 1.12% | 0.97% | 0.91% | 0.89% | 0.97% | 0.88% |
June 2023 | 2.94% | 0.96% | 0.89% | 0.83% | 0.96% | 0.83% |
July 2023 | 1.43% | 0.97% | 0.90% | 0.85% | 0.96% | 0.84% |
Fidelity Managed Retirement 2025 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 03,2022 | 22.90% | 17.32% | 15.78% | 14.49% | 17.75% | 14.49% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 22.91% | 22.33% | 22.09% | 21.86% | 22.33% | 21.90% |
November 2022 | 32.42% | 22.44% | 19.45% | 17.16% | 22.44% | 17.68% |
December 2022 | 22.94% | 22.32% | 22.05% | 21.83% | 23.40% | 21.81% |
February 2023 | 0.73% | 0.53% | 0.40% | 0.41% | 0.60% | 0.42% |
March 2023 | 0.86% | 0.53% | 0.40% | 0.38% | 0.51% | 0.40% |
April 2023 | 0.66% | 0.53% | 0.46% | 0.43% | 0.45% | 0.44% |
May 2023 | 0.63% | 0.52% | 0.50% | 0.47% | 0.52% | 0.47% |
June 2023 | 0.70% | 0.53% | 0.41% | 0.43% | 0.64% | 0.44% |
July 2023 | 0.66% | 0.53% | 0.56% | 0.45% | 0.55% | 0.45% |
Fidelity Managed Retirement 2030 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 29.49% | 19.66% | 16.85% | 16.85% | 19.66% | 14.75% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 26.02% | 25.46% | 25.19% | 24.93% | 25.46% | 24.93% |
November 2022 | 34.07% | 25.55% | 22.71% | 20.44% | 25.55% | 20.44% |
December 2022 | 26.39% | 25.46% | 25.16% | 25.02% | 25.46% | 25.02% |
February 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
March 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
April 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
May 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
June 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
July 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity Managed Retirement 2035 Fund | ||||||
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | - | 3.55% | 3.55% | 2.37% | 7.10% | 2.37% |
March 2023 | - | 2.86% | 8.57% | 4.28% | - | 4.28% |
April 2023 | 4.82% | 3.21% | 3.21% | 2.89% | 3.21% | 2.89% |
May 2023 | 4.27% | 3.20% | 3.20% | 2.95% | 3.49% | 2.95% |
June 2023 | 4.69% | 3.35% | 2.93% | 2.60% | 3.35% | 2.60% |
July 2023 | 4.44% | 3.33% | 2.96% | 2.67% | 3.33% | 2.67% |
Class A | Retail Class | Class K | Class K6 | Class I | Class Z6 | |
Fidelity Managed Retirement Income Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.26% | 0.14% | 0.12% | 0.10% | 0.14% | 0.10% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.21% | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% |
November 2022 | 0.25% | 0.20% | 0.19% | 0.18% | 0.20% | 0.18% |
December 2022 | 0.21% | 0.20% | 0.20% | 0.20% | 0.21% | 0.20% |
February 2023 | 0.44% | 0.37% | 0.34% | 0.33% | 0.37% | 0.32% |
March 2023 | 0.49% | 0.37% | 0.33% | 0.30% | 0.37% | 0.30% |
April 2023 | 0.45% | 0.37% | 0.34% | 0.32% | 0.37% | 0.32% |
May 2023 | 0.41% | 0.37% | 0.36% | 0.35% | 0.36% | 0.35% |
June 2023 | 0.43% | 0.37% | 0.35% | 0.33% | 0.37% | 0.33% |
July 2023 | 0.43% | 0.37% | 0.35% | 0.33% | 0.37% | 0.33% |
Fidelity Managed Retirement 2010 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | 1.44% | 1.17% | 1.04% | 1.02% | 1.17% | 1.02% |
March 2023 | 1.53% | 1.16% | 1.07% | 0.99% | 1.16% | 0.99% |
April 2023 | 1.40% | 1.16% | 1.08% | 1.02% | 1.16% | 1.02% |
May 2023 | 1.31% | 1.16% | 1.11% | 1.07% | 1.16% | 1.07% |
June 2023 | 1.41% | 1.16% | 1.09% | 1.03% | 1.18% | 1.03% |
July 2023 | 1.35% | 1.16% | 1.10% | 1.05% | 1.18% | 1.05% |
Fidelity Managed Retirement 2015 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | 2.50% | 1.59% | 1.31% | 1.28% | 1.64% | 1.25% |
March 2023 | 2.36% | 1.60% | 1.43% | 1.30% | 1.60% | 1.30% |
April 2023 | 1.97% | 1.63% | 1.54% | 1.45% | 1.63% | 1.45% |
May 2023 | 1.90% | 1.64% | 1.53% | 1.49% | 1.68% | 1.49% |
June 2023 | 1.99% | 1.62% | 1.51% | 1.57% | 1.62% | 1.41% |
July 2023 | 1.93% | 1.63% | 1.55% | 1.47% | 1.63% | 1.45% |
Fidelity Managed Retirement 2020 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | 3.00% | 2.25% | 1.86% | 1.80% | 2.25% | 1.80% |
March 2023 | 3.14% | 2.25% | 1.96% | 1.79% | 2.18% | 1.79% |
April 2023 | 2.69% | 2.23% | 2.06% | 1.94% | 2.23% | 1.94% |
May 2023 | 2.56% | 2.22% | 2.08% | 2.03% | 2.22% | 2.01% |
June 2023 | 6.74% | 2.20% | 2.03% | 1.89% | 2.20% | 1.89% |
July 2023 | 3.26% | 2.23% | 2.06% | 1.95% | 2.19% | 1.92% |
Fidelity Managed Retirement 2025 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | 4.09% | 2.95% | 2.23% | 2.30% | 3.35% | 2.38% |
March 2023 | 4.81% | 2.96% | 2.26% | 2.14% | 2.85% | 2.26% |
April 2023 | 3.68% | 2.95% | 2.60% | 2.43% | 2.51% | 2.47% |
May 2023 | 3.50% | 2.94% | 2.81% | 2.63% | 2.94% | 2.63% |
June 2023 | 3.94% | 2.96% | 2.27% | 2.41% | 3.58% | 2.46% |
July 2023 | 3.68% | 2.94% | 3.11% | 2.53% | 3.05% | 2.53% |
Fidelity Managed Retirement 2030 Fund | ||||||
August 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 02,2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
September 09,2022 | - | - | - | - | - | - |
October 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
November 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | 4.02% | 3.21% | 2.68% | 2.30% | 3.21% | 2.68% |
March 2023 | 5.35% | 3.21% | 2.68% | 2.29% | 3.21% | 2.29% |
April 2023 | 4.00% | 3.20% | 2.91% | 2.66% | 3.20% | 2.91% |
May 2023 | 3.80% | 3.21% | 2.98% | 2.61% | 3.21% | 2.79% |
June 2023 | 4.47% | 3.20% | 3.20% | 2.80% | 3.20% | 2.80% |
July 2023 | 4.02% | 3.22% | 2.92% | 2.68% | 3.22% | 2.47% |
Fidelity Managed Retirement 2035 Fund | ||||||
December 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
February 2023 | - | 0.52% | 0.52% | 0.35% | 1.04% | 0.35% |
March 2023 | - | 0.42% | 1.27% | 0.63% | - | 0.63% |
April 2023 | 0.71% | 0.48% | 0.48% | 0.43% | 0.48% | 0.43% |
May 2023 | 0.63% | 0.47% | 0.47% | 0.44% | 0.52% | 0.44% |
June 2023 | 0.69% | 0.50% | 0.43% | 0.39% | 0.50% | 0.39% |
July 2023 | 0.66% | 0.49% | 0.44% | 0.39% | 0.49% | 0.39% |
Pay Date | Income | Taxes | |
Fidelity Managed Retirement Income Fund | |||
Class A | 12/30/2022 | $0.1690 | $0.0199 |
Fidelity Managed Retirement Income | 12/30/2022 | $0.1736 | $0.0199 |
Class K | 12/30/2022 | $0.1760 | $0.0199 |
Class K6 | 12/30/2022 | $0.1771 | $0.0199 |
Class I | 12/30/2022 | $0.1733 | $0.0199 |
Class Z6 | 12/30/2022 | $0.1777 | $0.0199 |
Fidelity Managed Retirement 2010 Fund | |||
Class A | 12/30/2022 | $0.1760 | $0.0206 |
Fidelity Managed Retirement 2010 | 12/30/2022 | $0.1810 | $0.0206 |
Class K | 12/30/2022 | $0.1838 | $0.0206 |
Class K6 | 12/30/2022 | $0.1851 | $0.0206 |
Class I | 12/30/2022 | $0.1812 | $0.0206 |
Class Z6 | 12/30/2022 | $0.1851 | $0.0206 |
Fidelity Managed Retirement 2015 Fund | |||
Class A | 12/30/2022 | $0.2073 | $0.0237 |
Fidelity Managed Retirement 2015 | 12/30/2022 | $0.2116 | $0.0237 |
Class K | 12/30/2022 | $0.2143 | $0.0237 |
Class K6 | 12/30/2022 | $0.2126 | $0.0237 |
Class I | 12/30/2022 | $0.2119 | $0.0237 |
Class Z6 | 12/30/2022 | $0.2153 | $0.0237 |
Fidelity Managed Retirement 2020 Fund | |||
Class A | 12/30/2022 | $0.2358 | $0.0267 |
Fidelity Managed Retirement 2020 | 12/30/2022 | $0.2395 | $0.0267 |
Class K | 12/30/2022 | $0.2431 | $0.0267 |
Class K6 | 12/30/2022 | $0.2450 | $0.0267 |
Class I | 12/30/2022 | $0.2397 | $0.0267 |
Class Z6 | 12/30/2022 | $0.2456 | $0.0267 |
Fidelity Managed Retirement 2025 Fund | |||
Class A | 12/30/2022 | $0.2724 | $0.0309 |
Fidelity Managed Retirement 2025 | 12/30/2022 | $0.2799 | $0.0309 |
Class K | 12/30/2022 | $0.2834 | $0.0309 |
Class K6 | 12/30/2022 | $0.2862 | $0.0309 |
Class I | 12/30/2022 | $0.2670 | $0.0309 |
Class Z6 | 12/30/2022 | $0.2865 | $0.0309 |
Fidelity Managed Retirement 2030 Fund | |||
Class A | 12/30/2022 | $0.0575 | $0.0066 |
Fidelity Managed Retirement 2030 | 12/30/2022 | $0.0596 | $0.0066 |
Class K | 12/30/2022 | $0.0603 | $0.0066 |
Class K6 | 12/30/2022 | $0.0607 | $0.0066 |
Class I | 12/30/2022 | $0.0596 | $0.0066 |
Class Z6 | 12/30/2022 | $0.0607 | $0.0066 |
Fidelity Managed Retirement 2035 Fund | |||
Class A | 12/30/2022 | $0.0000 | $0.0000 |
Fidelity Managed Retirement 2035 | 12/30/2022 | $0.0000 | $0.0000 |
Class K | 12/30/2022 | $0.0000 | $0.0000 |
Class K6 | 12/30/2022 | $0.0000 | $0.0000 |
Class I | 12/30/2022 | $0.0000 | $0.0000 |
Class Z6 | 12/30/2022 | $0.0000 | $0.0000 |
Contents
Average Annual Total Returns | |||
Periods ended July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Fidelity Simplicity RMD Income Fund℠ | 0.84% | 2.59% | 3.68% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD Income Fund℠ on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Fidelity Simplicity RMD 2010 Fund℠ | 2.17% | 3.02% | 4.52% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD 2010 Fund℠ on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Fidelity Simplicity RMD 2015 Fund℠ | 3.32% | 3.62% | 5.06% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD 2015 Fund℠ on July 31, 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 July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Fidelity Simplicity RMD 2020 Fund℠ | 4.45% | 4.21% | 5.59% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD 2020 Fund℠ on July 31, 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 July 31, 2023 | Past 1 year | Life of Fund A |
Fidelity Simplicity RMD 2025 Fund℠ | 5.63% | 5.51% |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD 2025 Fund℠ on August 16, 2019, 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 and Bloomberg U.S. Aggregate Bond Index performed over the same period. |
$10,000 Over Life of Fund |
Let's say hypothetically that $10,000 was invested in Fidelity Simplicity RMD 2030 Fund℠, on December 15, 2022, when the fund started. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 41.3 | |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 20.0 | |
Fidelity Series Government Money Market Fund 5.33% | 8.8 | |
Fidelity Series Emerging Markets Opportunities Fund | 4.0 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 3.8 | |
Fidelity Series International Value Fund | 1.9 | |
Fidelity Series Overseas Fund | 1.9 | |
Fidelity Series International Growth Fund | 1.9 | |
Fidelity Series Short-Term Credit Fund | 1.8 | |
89.3 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 6.4% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 6,668 | 71,283 | |
Fidelity Series Blue Chip Growth Fund (a) | 13,409 | 196,979 | |
Fidelity Series Commodity Strategy Fund (a) | 2,573 | 264,781 | |
Fidelity Series Growth Company Fund (a) | 19,282 | 366,740 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 5,668 | 73,289 | |
Fidelity Series Large Cap Stock Fund (a) | 17,429 | 344,741 | |
Fidelity Series Large Cap Value Index Fund (a) | 7,202 | 107,891 | |
Fidelity Series Opportunistic Insights Fund (a) | 12,273 | 218,577 | |
Fidelity Series Small Cap Core Fund (a) | 61 | 658 | |
Fidelity Series Small Cap Discovery Fund (a) | 2,742 | 31,556 | |
Fidelity Series Small Cap Opportunities Fund (a) | 7,801 | 105,079 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 18,363 | 240,009 | |
Fidelity Series Value Discovery Fund (a) | 14,023 | 215,117 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,922,672) | 2,236,700 | ||
International Equity Funds - 11.8% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 16,135 | 236,535 | |
Fidelity Series Emerging Markets Fund (a) | 36,018 | 315,154 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 77,350 | 1,395,401 | |
Fidelity Series International Growth Fund (a) | 40,462 | 672,075 | |
Fidelity Series International Small Cap Fund (a) | 11,268 | 187,392 | |
Fidelity Series International Value Fund (a) | 59,058 | 676,210 | |
Fidelity Series Overseas Fund (a) | 52,955 | 673,053 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $3,684,968) | 4,155,820 | ||
Bond Funds - 71.2% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 740,315 | 7,018,186 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 27,197 | 214,310 | |
Fidelity Series Emerging Markets Debt Fund (a) | 24,114 | 181,579 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 6,370 | 61,532 | |
Fidelity Series Floating Rate High Income Fund (a) | 4,001 | 35,970 | |
Fidelity Series High Income Fund (a) | 23,119 | 190,964 | |
Fidelity Series International Credit Fund (a) | 1,974 | 15,198 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 162,026 | 1,380,465 | |
Fidelity Series Investment Grade Bond Fund (a) | 1,460,832 | 14,506,058 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 229,139 | 1,345,046 | |
Fidelity Series Real Estate Income Fund (a) | 5,173 | 50,182 | |
TOTAL BOND FUNDS (Cost $27,834,739) | 24,999,490 | ||
Short-Term Funds - 10.6% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 3,101,330 | 3,101,330 | |
Fidelity Series Short-Term Credit Fund (a) | 66,482 | 641,551 | |
TOTAL SHORT-TERM FUNDS (Cost $3,759,347) | 3,742,881 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $37,201,726) | 35,134,891 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (464) |
NET ASSETS - 100.0% | 35,134,427 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 8,094,778 | 1,178,855 | 1,785,118 | 360,711 | (63,035) | (399,367) | 7,018,186 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 40,949 | 222,262 | 40,762 | 14,024 | (2,443) | (5,696) | 214,310 |
Fidelity Series All-Sector Equity Fund | 96,163 | 15,278 | 46,226 | 4,250 | 1,642 | 4,426 | 71,283 |
Fidelity Series Blue Chip Growth Fund | 221,277 | 83,638 | 147,800 | 7,456 | (13,693) | 53,557 | 196,979 |
Fidelity Series Canada Fund | 335,477 | 41,050 | 148,082 | 8,543 | 3,242 | 4,848 | 236,535 |
Fidelity Series Commodity Strategy Fund | 609,160 | 388,949 | 373,448 | 318,108 | (170,485) | (189,395) | 264,781 |
Fidelity Series Emerging Markets Debt Fund | 210,696 | 21,850 | 53,620 | 11,413 | (11,780) | 14,433 | 181,579 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 69,444 | 3,162 | 19,938 | - | (2,515) | 11,379 | 61,532 |
Fidelity Series Emerging Markets Fund | 255,837 | 119,809 | 83,037 | 5,419 | (16,931) | 39,476 | 315,154 |
Fidelity Series Emerging Markets Opportunities Fund | 2,325,027 | 130,448 | 1,200,073 | 45,370 | (208,009) | 348,008 | 1,395,401 |
Fidelity Series Floating Rate High Income Fund | 40,337 | 5,240 | 10,172 | 3,031 | (443) | 1,008 | 35,970 |
Fidelity Series Government Money Market Fund 5.33% | 3,008,644 | 1,149,730 | 1,057,044 | 129,356 | - | - | 3,101,330 |
Fidelity Series Growth Company Fund | 447,520 | 120,341 | 277,712 | 2,011 | (22,497) | 99,088 | 366,740 |
Fidelity Series High Income Fund | 219,158 | 24,780 | 47,082 | 12,691 | (5,202) | (690) | 190,964 |
Fidelity Series International Credit Fund | 15,950 | 887 | - | 887 | - | (1,639) | 15,198 |
Fidelity Series International Developed Markets Bond Index Fund | 1,620,441 | 162,084 | 296,553 | 31,990 | (35,853) | (69,654) | 1,380,465 |
Fidelity Series International Growth Fund | 796,229 | 120,538 | 299,462 | 23,331 | (34,233) | 89,003 | 672,075 |
Fidelity Series International Small Cap Fund | 215,731 | 26,406 | 57,196 | 11,283 | (11,328) | 13,779 | 187,392 |
Fidelity Series International Value Fund | 789,401 | 119,743 | 339,350 | 22,846 | (14,332) | 120,748 | 676,210 |
Fidelity Series Intrinsic Opportunities Fund | 298,066 | 106,683 | 258,159 | 78,690 | (8,732) | (64,569) | 73,289 |
Fidelity Series Investment Grade Bond Fund | 15,788,656 | 2,576,010 | 2,992,603 | 552,489 | (221,978) | (644,027) | 14,506,058 |
Fidelity Series Large Cap Stock Fund | 424,363 | 138,951 | 251,507 | 25,694 | 6,110 | 26,824 | 344,741 |
Fidelity Series Large Cap Value Index Fund | 142,919 | 28,703 | 67,440 | 4,058 | 3,074 | 635 | 107,891 |
Fidelity Series Long-Term Treasury Bond Index Fund | 1,787,427 | 409,463 | 625,219 | 45,015 | (156,626) | (69,999) | 1,345,046 |
Fidelity Series Opportunistic Insights Fund | 250,821 | 83,572 | 140,234 | 9,891 | (7,279) | 31,697 | 218,577 |
Fidelity Series Overseas Fund | 800,917 | 99,272 | 304,733 | 12,289 | (25,872) | 103,469 | 673,053 |
Fidelity Series Real Estate Income Fund | 124,842 | 34,784 | 96,867 | 9,324 | (9,339) | (3,238) | 50,182 |
Fidelity Series Short-Term Credit Fund | 749,457 | 41,714 | 146,406 | 15,949 | (4,377) | 1,163 | 641,551 |
Fidelity Series Small Cap Core Fund | - | 1,023 | 416 | - | (10) | 61 | 658 |
Fidelity Series Small Cap Discovery Fund | 45,776 | 5,094 | 20,325 | 1,892 | 869 | 142 | 31,556 |
Fidelity Series Small Cap Opportunities Fund | 149,091 | 23,397 | 72,348 | 6,756 | (2,291) | 7,230 | 105,079 |
Fidelity Series Stock Selector Large Cap Value Fund | 316,212 | 86,659 | 169,381 | 17,505 | 3,589 | 2,930 | 240,009 |
Fidelity Series Value Discovery Fund | 243,747 | 97,431 | 127,967 | 10,614 | 2,651 | (745) | 215,117 |
40,534,513 | 7,667,806 | 11,556,280 | 1,802,886 | (1,028,106) | (475,115) | 35,134,891 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 2,236,700 | 2,236,700 | - | - |
International Equity Funds | 4,155,820 | 4,155,820 | - | - |
Bond Funds | 24,999,490 | 24,999,490 | - | - |
Short-Term Funds | 3,742,881 | 3,742,881 | - | - |
Total Investments in Securities: | 35,134,891 | 35,134,891 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $37,201,726) | $ | 35,134,891 | ||
Total Investment in Securities (cost $37,201,726) | $ | 35,134,891 | ||
Cash | 209 | |||
Receivable for investments sold | 248,991 | |||
Total assets | 35,384,091 | |||
Liabilities | ||||
Payable for investments purchased | $ | 235,070 | ||
Payable for fund shares redeemed | 1,173 | |||
Accrued management fee | 13,421 | |||
Total Liabilities | 249,664 | |||
Net Assets | $ | 35,134,427 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 38,347,777 | ||
Total accumulated earnings (loss) | (3,213,350) | |||
Net Assets | $ | 35,134,427 | ||
Net Asset Value, offering price and redemption price per share ($35,134,427 ÷ 647,581 shares) | $ | 54.25 |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 1,638,255 | ||
Expenses | ||||
Management fee | $ | 168,145 | ||
Independent trustees' fees and expenses | 134 | |||
Total expenses before reductions | 168,279 | |||
Expense reductions | (7) | |||
Total expenses after reductions | 168,272 | |||
Net Investment income (loss) | 1,469,983 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (1,028,106) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 164,631 | |||
Total net realized gain (loss) | (863,475) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (475,115) | |||
Total change in net unrealized appreciation (depreciation) | (475,115) | |||
Net gain (loss) | (1,338,590) | |||
Net increase (decrease) in net assets resulting from operations | $ | 131,393 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 1,469,983 | $ | 1,129,170 |
Net realized gain (loss) | (863,475) | 933,383 | ||
Change in net unrealized appreciation (depreciation) | (475,115) | (5,536,828) | ||
Net increase (decrease) in net assets resulting from operations | 131,393 | (3,474,275) | ||
Distributions to shareholders | (2,081,134) | (2,059,213) | ||
Share transactions | ||||
Proceeds from sales of shares | 1,555,588 | 7,800,124 | ||
Reinvestment of distributions | 1,826,862 | 1,830,077 | ||
Cost of shares redeemed | (6,832,236) | (9,786,111) | ||
Net increase (decrease) in net assets resulting from share transactions | (3,449,786) | (155,910) | ||
Total increase (decrease) in net assets | (5,399,527) | (5,689,398) | ||
Net Assets | ||||
Beginning of period | 40,533,954 | 46,223,352 | ||
End of period | $ | 35,134,427 | $ | 40,533,954 |
Other Information | ||||
Shares | ||||
Sold | 28,765 | 126,863 | ||
Issued in reinvestment of distributions | 34,369 | 29,375 | ||
Redeemed | (127,752) | (161,848) | ||
Net increase (decrease) | (64,618) | (5,610) | ||
Fidelity Simplicity RMD Income Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 56.91 | $ | 64.40 | $ | 61.11 | $ | 58.52 | $ | 57.61 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 2.156 | 1.542 | .572 | .950 | 1.164 | |||||
Net realized and unrealized gain (loss) | (1.812) | (6.196) | 4.418 | 3.181 | 1.632 | |||||
Total from investment operations | .344 | (4.654) | 4.990 | 4.131 | 2.796 | |||||
Distributions from net investment income | (2.108) | (1.516) | (.562) | (1.020) | (1.163) | |||||
Distributions from net realized gain | (.896) | (1.320) | (1.138) | (.521) | (.723) | |||||
Total distributions | (3.004) | (2.836) | (1.700) | (1.541) | (1.886) | |||||
Net asset value, end of period | $ | 54.25 | $ | 56.91 | $ | 64.40 | $ | 61.11 | $ | 58.52 |
Total Return C | .84% | (7.54)% | 8.26% | 7.19% | 5.03% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .46% | .46% | .46% | .46% | .46% | |||||
Expenses net of fee waivers, if any | .46% | .46% | .46% | .46% | .46% | |||||
Expenses net of all reductions | .46% | .46% | .46% | .46% | .46% | |||||
Net investment income (loss) | 4.02% | 2.56% | .91% | 1.62% | 2.04% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 35,134 | $ | 40,534 | $ | 46,223 | $ | 39,908 | $ | 21,145 |
Portfolio turnover rate F | 21% | 59% | 37% | 42% G | 38% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 37.1 | |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 13.5 | |
Fidelity Series Government Money Market Fund 5.33% | 6.5 | |
Fidelity Series Emerging Markets Opportunities Fund | 4.9 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.1 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 3.7 | |
Fidelity Series International Value Fund | 2.7 | |
Fidelity Series Overseas Fund | 2.7 | |
Fidelity Series International Growth Fund | 2.7 | |
81.8 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 12.6% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 4,070 | 43,510 | |
Fidelity Series Blue Chip Growth Fund (a) | 8,190 | 120,315 | |
Fidelity Series Commodity Strategy Fund (a) | 747 | 76,903 | |
Fidelity Series Growth Company Fund (a) | 11,779 | 224,043 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 3,460 | 44,738 | |
Fidelity Series Large Cap Stock Fund (a) | 10,647 | 210,602 | |
Fidelity Series Large Cap Value Index Fund (a) | 4,398 | 65,882 | |
Fidelity Series Opportunistic Insights Fund (a) | 7,496 | 133,510 | |
Fidelity Series Small Cap Core Fund (a) | 38 | 413 | |
Fidelity Series Small Cap Discovery Fund (a) | 1,671 | 19,238 | |
Fidelity Series Small Cap Opportunities Fund (a) | 4,764 | 64,164 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 11,217 | 146,606 | |
Fidelity Series Value Discovery Fund (a) | 8,566 | 131,397 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $1,104,993) | 1,281,321 | ||
International Equity Funds - 15.9% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 6,672 | 97,819 | |
Fidelity Series Emerging Markets Fund (a) | 13,389 | 117,156 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 27,549 | 496,992 | |
Fidelity Series International Growth Fund (a) | 16,737 | 277,999 | |
Fidelity Series International Small Cap Fund (a) | 4,667 | 77,606 | |
Fidelity Series International Value Fund (a) | 24,429 | 279,712 | |
Fidelity Series Overseas Fund (a) | 21,904 | 278,404 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $1,459,417) | 1,625,688 | ||
Bond Funds - 63.8% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 144,594 | 1,370,749 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 47,359 | 373,188 | |
Fidelity Series Emerging Markets Debt Fund (a) | 7,002 | 52,727 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 1,852 | 17,887 | |
Fidelity Series Floating Rate High Income Fund (a) | 1,151 | 10,343 | |
Fidelity Series High Income Fund (a) | 6,717 | 55,481 | |
Fidelity Series International Credit Fund (a) | 427 | 3,288 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 47,155 | 401,763 | |
Fidelity Series Investment Grade Bond Fund (a) | 381,258 | 3,785,894 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 71,200 | 417,947 | |
Fidelity Series Real Estate Income Fund (a) | 1,481 | 14,361 | |
TOTAL BOND FUNDS (Cost $7,251,506) | 6,503,628 | ||
Short-Term Funds - 7.7% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 662,457 | 662,457 | |
Fidelity Series Short-Term Credit Fund (a) | 12,708 | 122,634 | |
TOTAL SHORT-TERM FUNDS (Cost $788,189) | 785,091 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $10,604,105) | 10,195,728 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (177) |
NET ASSETS - 100.0% | 10,195,551 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 1,403,450 | 326,506 | 278,422 | 63,713 | (6,781) | (72,602) | 1,370,749 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 422,238 | 107,958 | 99,875 | 25,591 | (16,601) | (40,532) | 373,188 |
Fidelity Series All-Sector Equity Fund | 59,213 | 6,604 | 26,118 | 2,675 | (3,669) | 7,480 | 43,510 |
Fidelity Series Blue Chip Growth Fund | 132,935 | 42,261 | 81,418 | 4,380 | (5,713) | 32,250 | 120,315 |
Fidelity Series Canada Fund | 139,778 | 14,533 | 60,082 | 3,494 | 725 | 2,865 | 97,819 |
Fidelity Series Commodity Strategy Fund | 171,741 | 111,656 | 106,060 | 88,773 | (49,021) | (51,413) | 76,903 |
Fidelity Series Emerging Markets Debt Fund | 59,494 | 6,758 | 14,359 | 3,217 | (3,106) | 3,940 | 52,727 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 19,815 | 1,045 | 5,489 | - | (814) | 3,330 | 17,887 |
Fidelity Series Emerging Markets Fund | 88,289 | 46,737 | 26,199 | 1,828 | (4,262) | 12,591 | 117,156 |
Fidelity Series Emerging Markets Opportunities Fund | 796,754 | 38,966 | 390,320 | 15,366 | (58,379) | 109,971 | 496,992 |
Fidelity Series Floating Rate High Income Fund | 11,402 | 1,457 | 2,685 | 857 | (95) | 264 | 10,343 |
Fidelity Series Government Money Market Fund 5.33% | 523,665 | 350,044 | 211,252 | 25,756 | - | - | 662,457 |
Fidelity Series Growth Company Fund | 269,035 | 45,734 | 140,754 | 1,273 | (15,766) | 65,794 | 224,043 |
Fidelity Series High Income Fund | 61,566 | 7,838 | 12,347 | 3,568 | (1,053) | (523) | 55,481 |
Fidelity Series International Credit Fund | 3,451 | 192 | - | 192 | - | (355) | 3,288 |
Fidelity Series International Developed Markets Bond Index Fund | 455,236 | 61,852 | 86,269 | 9,031 | (5,622) | (23,434) | 401,763 |
Fidelity Series International Growth Fund | 331,753 | 39,711 | 116,314 | 9,541 | (16,197) | 39,046 | 277,999 |
Fidelity Series International Small Cap Fund | 89,837 | 8,737 | 22,100 | 4,616 | (5,309) | 6,441 | 77,606 |
Fidelity Series International Value Fund | 328,927 | 33,206 | 126,159 | 9,343 | (7,688) | 51,426 | 279,712 |
Fidelity Series Intrinsic Opportunities Fund | 172,684 | 60,204 | 147,285 | 46,615 | (11,563) | (29,302) | 44,738 |
Fidelity Series Investment Grade Bond Fund | 3,882,104 | 814,592 | 700,872 | 138,205 | (52,448) | (157,482) | 3,785,894 |
Fidelity Series Large Cap Stock Fund | 255,107 | 61,862 | 128,584 | 15,478 | 1,039 | 21,178 | 210,602 |
Fidelity Series Large Cap Value Index Fund | 85,932 | 10,904 | 33,354 | 2,565 | 591 | 1,809 | 65,882 |
Fidelity Series Long-Term Treasury Bond Index Fund | 539,551 | 117,650 | 171,653 | 13,575 | (33,704) | (33,897) | 417,947 |
Fidelity Series Opportunistic Insights Fund | 150,723 | 36,654 | 69,530 | 6,272 | (4,581) | 20,244 | 133,510 |
Fidelity Series Overseas Fund | 333,700 | 32,819 | 120,158 | 5,025 | (13,726) | 45,769 | 278,404 |
Fidelity Series Real Estate Income Fund | 32,013 | 5,801 | 20,344 | 2,490 | (1,957) | (1,152) | 14,361 |
Fidelity Series Short-Term Credit Fund | 130,581 | 17,258 | 24,689 | 2,884 | (534) | 18 | 122,634 |
Fidelity Series Small Cap Core Fund | - | 491 | 114 | - | (3) | 39 | 413 |
Fidelity Series Small Cap Discovery Fund | 27,522 | 2,655 | 11,703 | 1,185 | (1,379) | 2,143 | 19,238 |
Fidelity Series Small Cap Opportunities Fund | 91,352 | 10,585 | 41,551 | 3,960 | (3,419) | 7,197 | 64,164 |
Fidelity Series Stock Selector Large Cap Value Fund | 190,122 | 35,948 | 84,189 | 11,089 | (3,539) | 8,264 | 146,606 |
Fidelity Series Value Discovery Fund | 146,563 | 47,787 | 64,091 | 6,724 | (899) | 2,037 | 131,397 |
11,406,533 | 2,507,005 | 3,424,339 | 529,281 | (325,473) | 33,404 | 10,195,728 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 1,281,321 | 1,281,321 | - | - |
International Equity Funds | 1,625,688 | 1,625,688 | - | - |
Bond Funds | 6,503,628 | 6,503,628 | - | - |
Short-Term Funds | 785,091 | 785,091 | - | - |
Total Investments in Securities: | 10,195,728 | 10,195,728 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $10,604,105) | $ | 10,195,728 | ||
Total Investment in Securities (cost $10,604,105) | $ | 10,195,728 | ||
Cash | 31 | |||
Receivable for investments sold | 120,507 | |||
Receivable for fund shares sold | 155 | |||
Total assets | 10,316,421 | |||
Liabilities | ||||
Payable for investments purchased | $ | 112,611 | ||
Payable for fund shares redeemed | 4,113 | |||
Accrued management fee | 4,146 | |||
Total Liabilities | 120,870 | |||
Net Assets | $ | 10,195,551 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 11,003,052 | ||
Total accumulated earnings (loss) | (807,501) | |||
Net Assets | $ | 10,195,551 | ||
Net Asset Value, offering price and redemption price per share ($10,195,551 ÷ 202,354 shares) | $ | 50.38 |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 435,868 | ||
Expenses | ||||
Management fee | $ | 50,505 | ||
Independent trustees' fees and expenses | 38 | |||
Total expenses before reductions | 50,543 | |||
Expense reductions | (1) | |||
Total expenses after reductions | 50,542 | |||
Net Investment income (loss) | 385,326 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (325,473) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 93,413 | |||
Total net realized gain (loss) | (232,060) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 33,404 | |||
Total change in net unrealized appreciation (depreciation) | 33,404 | |||
Net gain (loss) | (198,656) | |||
Net increase (decrease) in net assets resulting from operations | $ | 186,670 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 385,326 | $ | 345,511 |
Net realized gain (loss) | (232,060) | 262,718 | ||
Change in net unrealized appreciation (depreciation) | 33,404 | (1,841,306) | ||
Net increase (decrease) in net assets resulting from operations | 186,670 | (1,233,077) | ||
Distributions to shareholders | (562,742) | (663,449) | ||
Share transactions | ||||
Proceeds from sales of shares | 411,764 | 2,025,768 | ||
Reinvestment of distributions | 495,959 | 591,517 | ||
Cost of shares redeemed | (1,742,440) | (4,140,067) | ||
Net increase (decrease) in net assets resulting from share transactions | (834,717) | (1,522,782) | ||
Total increase (decrease) in net assets | (1,210,789) | (3,419,308) | ||
Net Assets | ||||
Beginning of period | 11,406,340 | 14,825,648 | ||
End of period | $ | 10,195,551 | $ | 11,406,340 |
Other Information | ||||
Shares | ||||
Sold | 8,330 | 35,677 | ||
Issued in reinvestment of distributions | 10,221 | 10,199 | ||
Redeemed | (35,173) | (74,473) | ||
Net increase (decrease) | (16,622) | (28,597) | ||
Fidelity Simplicity RMD 2010 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 52.09 | $ | 59.88 | $ | 55.75 | $ | 53.53 | $ | 53.40 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.837 | 1.444 | .508 | .888 | 1.026 | |||||
Net realized and unrealized gain (loss) | (.873) | (6.454) | 5.365 | 3.009 | 1.329 | |||||
Total from investment operations | .964 | (5.010) | 5.873 | 3.897 | 2.355 | |||||
Distributions from net investment income | (1.808) | (1.433) | (.533) | (.908) | (1.028) | |||||
Distributions from net realized gain | (.866) | (1.347) | (1.210) | (.769) | (1.197) | |||||
Total distributions | (2.674) | (2.780) | (1.743) | (1.677) | (2.225) | |||||
Net asset value, end of period | $ | 50.38 | $ | 52.09 | $ | 59.88 | $ | 55.75 | $ | 53.53 |
Total Return C | 2.17% | (8.77)% | 10.69% | 7.44% | 4.66% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .49% | .49% | .50% | .51% | .52% | |||||
Expenses net of fee waivers, if any | .49% | .49% | .50% | .51% | .52% | |||||
Expenses net of all reductions | .49% | .49% | .50% | .51% | .52% | |||||
Net investment income (loss) | 3.74% | 2.58% | .88% | 1.66% | 1.97% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 10,196 | $ | 11,406 | $ | 14,826 | $ | 11,105 | $ | 10,548 |
Portfolio turnover rate F | 24% | 58% | 32% | 51% | 32% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 33.6 | |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 7.9 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 6.3 | |
Fidelity Series Emerging Markets Opportunities Fund | 5.7 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 4.3 | |
Fidelity Series Government Money Market Fund 5.33% | 4.2 | |
Fidelity Series International Developed Markets Bond Index Fund | 4.0 | |
Fidelity Series International Value Fund | 3.5 | |
Fidelity Series Overseas Fund | 3.5 | |
Fidelity Series International Growth Fund | 3.4 | |
76.4 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 18.1% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 13,103 | 140,072 | |
Fidelity Series Blue Chip Growth Fund (a) | 26,370 | 387,380 | |
Fidelity Series Commodity Strategy Fund (a) | 1,644 | 169,211 | |
Fidelity Series Growth Company Fund (a) | 37,929 | 721,414 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 11,139 | 144,024 | |
Fidelity Series Large Cap Stock Fund (a) | 34,284 | 678,138 | |
Fidelity Series Large Cap Value Index Fund (a) | 14,159 | 212,109 | |
Fidelity Series Opportunistic Insights Fund (a) | 24,138 | 429,898 | |
Fidelity Series Small Cap Core Fund (a) | 158 | 1,712 | |
Fidelity Series Small Cap Discovery Fund (a) | 5,378 | 61,904 | |
Fidelity Series Small Cap Opportunities Fund (a) | 15,336 | 206,570 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 36,119 | 472,070 | |
Fidelity Series Value Discovery Fund (a) | 27,580 | 423,083 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $3,474,400) | 4,047,585 | ||
International Equity Funds - 19.6% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 18,538 | 271,760 | |
Fidelity Series Emerging Markets Fund (a) | 33,661 | 294,538 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 71,119 | 1,282,993 | |
Fidelity Series International Growth Fund (a) | 46,497 | 772,323 | |
Fidelity Series International Small Cap Fund (a) | 12,898 | 214,488 | |
Fidelity Series International Value Fund (a) | 67,866 | 777,066 | |
Fidelity Series Overseas Fund (a) | 60,853 | 773,447 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $3,905,002) | 4,386,615 | ||
Bond Funds - 57.5% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 185,073 | 1,754,493 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 178,054 | 1,403,066 | |
Fidelity Series Emerging Markets Debt Fund (a) | 15,397 | 115,939 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 4,086 | 39,471 | |
Fidelity Series Floating Rate High Income Fund (a) | 2,506 | 22,527 | |
Fidelity Series High Income Fund (a) | 14,663 | 121,117 | |
Fidelity Series International Credit Fund (a) | 566 | 4,356 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 103,826 | 884,599 | |
Fidelity Series Investment Grade Bond Fund (a) | 756,121 | 7,508,282 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 165,426 | 971,051 | |
Fidelity Series Real Estate Income Fund (a) | 3,138 | 30,434 | |
TOTAL BOND FUNDS (Cost $14,479,899) | 12,855,335 | ||
Short-Term Funds - 4.8% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 948,979 | 948,979 | |
Fidelity Series Short-Term Credit Fund (a) | 14,044 | 135,521 | |
TOTAL SHORT-TERM FUNDS (Cost $1,086,788) | 1,084,500 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $22,946,089) | 22,374,035 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (484) |
NET ASSETS - 100.0% | 22,373,551 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 1,803,857 | 544,902 | 489,499 | 82,769 | (15,691) | (87,258) | 1,754,493 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 1,702,834 | 404,909 | 471,884 | 98,083 | (79,712) | (153,081) | 1,403,066 |
Fidelity Series All-Sector Equity Fund | 195,613 | 21,848 | 89,843 | 9,007 | (12,175) | 24,629 | 140,072 |
Fidelity Series Blue Chip Growth Fund | 438,965 | 145,348 | 285,947 | 14,756 | (24,588) | 113,602 | 387,380 |
Fidelity Series Canada Fund | 410,640 | 49,168 | 197,202 | 10,194 | 6,503 | 2,651 | 271,760 |
Fidelity Series Commodity Strategy Fund | 404,602 | 282,327 | 273,643 | 215,515 | (127,610) | (116,465) | 169,211 |
Fidelity Series Emerging Markets Debt Fund | 140,166 | 16,009 | 41,603 | 7,490 | (7,524) | 8,891 | 115,939 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 46,646 | 2,609 | 15,473 | - | (1,917) | 7,606 | 39,471 |
Fidelity Series Emerging Markets Fund | 236,052 | 111,687 | 73,478 | 4,854 | (16,690) | 36,967 | 294,538 |
Fidelity Series Emerging Markets Opportunities Fund | 2,130,574 | 180,518 | 1,161,591 | 40,929 | (260,131) | 393,623 | 1,282,993 |
Fidelity Series Floating Rate High Income Fund | 26,876 | 8,303 | 12,999 | 1,972 | (587) | 934 | 22,527 |
Fidelity Series Government Money Market Fund 5.33% | 626,134 | 781,468 | 458,623 | 37,151 | - | - | 948,979 |
Fidelity Series Growth Company Fund | 888,543 | 154,840 | 489,998 | 4,278 | (78,722) | 246,751 | 721,414 |
Fidelity Series High Income Fund | 145,113 | 21,494 | 41,504 | 8,318 | (4,318) | 332 | 121,117 |
Fidelity Series International Credit Fund | 4,572 | 254 | - | 254 | - | (470) | 4,356 |
Fidelity Series International Developed Markets Bond Index Fund | 1,070,824 | 174,640 | 290,998 | 21,323 | (30,042) | (39,825) | 884,599 |
Fidelity Series International Growth Fund | 974,490 | 141,708 | 409,223 | 27,835 | (59,241) | 124,589 | 772,323 |
Fidelity Series International Small Cap Fund | 264,486 | 26,721 | 79,154 | 13,465 | (20,217) | 22,652 | 214,488 |
Fidelity Series International Value Fund | 965,986 | 100,014 | 414,016 | 27,258 | (17,929) | 143,011 | 777,066 |
Fidelity Series Intrinsic Opportunities Fund | 562,926 | 182,548 | 462,782 | 156,486 | (48,814) | (89,854) | 144,024 |
Fidelity Series Investment Grade Bond Fund | 8,195,651 | 1,970,840 | 2,204,722 | 289,012 | (221,499) | (231,988) | 7,508,282 |
Fidelity Series Large Cap Stock Fund | 842,555 | 202,907 | 440,158 | 51,132 | 6,425 | 66,409 | 678,138 |
Fidelity Series Large Cap Value Index Fund | 283,842 | 40,955 | 119,644 | 8,631 | 2,145 | 4,811 | 212,109 |
Fidelity Series Long-Term Treasury Bond Index Fund | 1,333,213 | 304,390 | 498,083 | 33,280 | (99,292) | (69,177) | 971,051 |
Fidelity Series Opportunistic Insights Fund | 497,805 | 122,503 | 241,830 | 21,094 | (22,641) | 74,061 | 429,898 |
Fidelity Series Overseas Fund | 979,758 | 124,348 | 423,220 | 14,660 | (42,426) | 134,987 | 773,447 |
Fidelity Series Real Estate Income Fund | 81,973 | 12,526 | 55,864 | 6,132 | (5,806) | (2,395) | 30,434 |
Fidelity Series Short-Term Credit Fund | 155,926 | 34,899 | 54,538 | 3,423 | (1,150) | 384 | 135,521 |
Fidelity Series Small Cap Core Fund | - | 1,552 | - | 1 | - | 160 | 1,712 |
Fidelity Series Small Cap Discovery Fund | 90,903 | 11,196 | 42,405 | 3,970 | (4,970) | 7,180 | 61,904 |
Fidelity Series Small Cap Opportunities Fund | 305,067 | 43,074 | 153,265 | 13,354 | (13,248) | 24,942 | 206,570 |
Fidelity Series Stock Selector Large Cap Value Fund | 627,995 | 111,296 | 280,273 | 37,343 | (14,223) | 27,275 | 472,070 |
Fidelity Series Value Discovery Fund | 484,128 | 168,465 | 231,393 | 22,643 | (3,709) | 5,592 | 423,083 |
26,918,715 | 6,500,266 | 10,504,855 | 1,286,612 | (1,219,799) | 681,526 | 22,374,035 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 4,047,585 | 4,047,585 | - | - |
International Equity Funds | 4,386,615 | 4,386,615 | - | - |
Bond Funds | 12,855,335 | 12,855,335 | - | - |
Short-Term Funds | 1,084,500 | 1,084,500 | - | - |
Total Investments in Securities: | 22,374,035 | 22,374,035 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $22,946,089) | $ | 22,374,035 | ||
Total Investment in Securities (cost $22,946,089) | $ | 22,374,035 | ||
Cash | 2 | |||
Receivable for investments sold | 290,984 | |||
Total assets | 22,665,021 | |||
Liabilities | ||||
Payable for investments purchased | $ | 279,043 | ||
Payable for fund shares redeemed | 2,636 | |||
Accrued management fee | 9,791 | |||
Total Liabilities | 291,470 | |||
Net Assets | $ | 22,373,551 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 24,215,272 | ||
Total accumulated earnings (loss) | (1,841,721) | |||
Net Assets | $ | 22,373,551 | ||
Net Asset Value, offering price and redemption price per share ($22,373,551 ÷ 392,961 shares) | $ | 56.94 |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 978,292 | ||
Expenses | ||||
Management fee | $ | 127,269 | ||
Independent trustees' fees and expenses | 88 | |||
Total Expenses | 127,357 | |||
Net Investment income (loss) | 850,935 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (1,219,799) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 308,320 | |||
Total net realized gain (loss) | (911,479) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 681,526 | |||
Total change in net unrealized appreciation (depreciation) | 681,526 | |||
Net gain (loss) | (229,953) | |||
Net increase (decrease) in net assets resulting from operations | $ | 620,982 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 850,935 | $ | 785,008 |
Net realized gain (loss) | (911,479) | 883,754 | ||
Change in net unrealized appreciation (depreciation) | 681,526 | (4,769,552) | ||
Net increase (decrease) in net assets resulting from operations | 620,982 | (3,100,790) | ||
Distributions to shareholders | (1,400,178) | (1,738,925) | ||
Share transactions | ||||
Proceeds from sales of shares | 1,485,316 | 6,526,136 | ||
Reinvestment of distributions | 1,225,964 | 1,595,979 | ||
Cost of shares redeemed | (6,476,135) | (7,740,580) | ||
Net increase (decrease) in net assets resulting from share transactions | (3,764,855) | 381,535 | ||
Total increase (decrease) in net assets | (4,544,051) | (4,458,180) | ||
Net Assets | ||||
Beginning of period | 26,917,602 | 31,375,782 | ||
End of period | $ | 22,373,551 | $ | 26,917,602 |
Other Information | ||||
Shares | ||||
Sold | 26,943 | 99,713 | ||
Issued in reinvestment of distributions | 22,653 | 24,193 | ||
Redeemed | (117,741) | (122,767) | ||
Net increase (decrease) | (68,145) | 1,139 | ||
Fidelity Simplicity RMD 2015 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 58.38 | $ | 68.21 | $ | 61.80 | $ | 59.41 | $ | 59.14 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.947 | 1.629 | .565 | .947 | 1.093 | |||||
Net realized and unrealized gain (loss) | (.246) | (7.886) | 7.894 | 3.526 | 1.336 | |||||
Total from investment operations | 1.701 | (6.257) | 8.459 | 4.473 | 2.429 | |||||
Distributions from net investment income | (1.901) | (1.569) | (.598) | (.987) | (1.092) | |||||
Distributions from net realized gain | (1.240) | (2.004) | (1.451) | (1.096) | (1.067) | |||||
Total distributions | (3.141) | (3.573) | (2.049) | (2.083) | (2.159) | |||||
Net asset value, end of period | $ | 56.94 | $ | 58.38 | $ | 68.21 | $ | 61.80 | $ | 59.41 |
Total Return C | 3.32% | (9.69)% | 13.92% | 7.71% | 4.36% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .53% | .54% | .55% | .55% | .57% | |||||
Expenses net of fee waivers, if any | .53% | .54% | .55% | .55% | .57% | |||||
Expenses net of all reductions | .53% | .54% | .55% | .55% | .57% | |||||
Net investment income (loss) | 3.54% | 2.58% | .86% | 1.60% | 1.89% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 22,374 | $ | 26,918 | $ | 31,376 | $ | 21,546 | $ | 20,922 |
Portfolio turnover rate F | 27% | 58% | 30% | 48% | 28% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 28.9 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 8.9 | |
Fidelity Series Emerging Markets Opportunities Fund | 6.5 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 5.0 | |
Fidelity Series Growth Company Fund | 4.3 | |
Fidelity Series International Value Fund | 4.2 | |
Fidelity Series Overseas Fund | 4.2 | |
Fidelity Series International Growth Fund | 4.2 | |
Fidelity Series Large Cap Stock Fund | 4.0 | |
Fidelity Series International Developed Markets Bond Index Fund | 4.0 | |
74.2 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 23.6% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 40,622 | 434,244 | |
Fidelity Series Blue Chip Growth Fund (a) | 81,757 | 1,201,012 | |
Fidelity Series Commodity Strategy Fund (a) | 3,861 | 397,323 | |
Fidelity Series Growth Company Fund (a) | 117,597 | 2,236,693 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 34,531 | 446,486 | |
Fidelity Series Large Cap Stock Fund (a) | 106,295 | 2,102,506 | |
Fidelity Series Large Cap Value Index Fund (a) | 43,898 | 657,597 | |
Fidelity Series Opportunistic Insights Fund (a) | 74,837 | 1,332,855 | |
Fidelity Series Small Cap Core Fund (a) | 424 | 4,588 | |
Fidelity Series Small Cap Discovery Fund (a) | 16,671 | 191,883 | |
Fidelity Series Small Cap Opportunities Fund (a) | 47,542 | 640,394 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 111,983 | 1,463,612 | |
Fidelity Series Value Discovery Fund (a) | 85,510 | 1,311,726 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $10,930,494) | 12,420,919 | ||
International Equity Funds - 23.3% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 52,735 | 773,096 | |
Fidelity Series Emerging Markets Fund (a) | 93,276 | 816,164 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 190,276 | 3,432,574 | |
Fidelity Series International Growth Fund (a) | 132,304 | 2,197,576 | |
Fidelity Series International Small Cap Fund (a) | 36,534 | 607,567 | |
Fidelity Series International Value Fund (a) | 193,104 | 2,211,035 | |
Fidelity Series Overseas Fund (a) | 173,153 | 2,200,770 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $11,094,450) | 12,238,782 | ||
Bond Funds - 50.4% | |||
Shares | Value ($) | ||
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a) | 122,912 | 1,165,201 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 590,889 | 4,656,207 | |
Fidelity Series Emerging Markets Debt Fund (a) | 36,228 | 272,798 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 9,536 | 92,119 | |
Fidelity Series Floating Rate High Income Fund (a) | 5,863 | 52,711 | |
Fidelity Series High Income Fund (a) | 34,300 | 283,321 | |
Fidelity Series International Credit Fund (a) | 1,308 | 10,068 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 243,857 | 2,077,665 | |
Fidelity Series Investment Grade Bond Fund (a) | 1,528,114 | 15,174,171 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 446,819 | 2,622,826 | |
Fidelity Series Real Estate Income Fund (a) | 7,588 | 73,607 | |
TOTAL BOND FUNDS (Cost $30,085,090) | 26,480,694 | ||
Short-Term Funds - 2.7% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 1,333,176 | 1,333,176 | |
Fidelity Series Short-Term Credit Fund (a) | 6,929 | 66,864 | |
TOTAL SHORT-TERM FUNDS (Cost $1,401,244) | 1,400,040 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $53,511,278) | 52,540,435 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (1,051) |
NET ASSETS - 100.0% | 52,539,384 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund | 627,050 | 736,836 | 158,988 | 36,854 | (2,878) | (36,010) | 1,165,201 |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 5,202,740 | 1,287,449 | 1,119,166 | 294,797 | (179,213) | (535,603) | 4,656,207 |
Fidelity Series All-Sector Equity Fund | 546,976 | 63,793 | 213,557 | 25,531 | (46,392) | 83,424 | 434,244 |
Fidelity Series Blue Chip Growth Fund | 1,227,195 | 425,076 | 708,466 | 41,262 | (87,919) | 345,126 | 1,201,012 |
Fidelity Series Canada Fund | 1,066,585 | 149,799 | 470,286 | 26,673 | 10,286 | 16,712 | 773,096 |
Fidelity Series Commodity Strategy Fund | 877,329 | 611,567 | 565,635 | 465,832 | (271,845) | (254,093) | 397,323 |
Fidelity Series Emerging Markets Debt Fund | 303,956 | 38,976 | 73,523 | 16,231 | (12,544) | 15,933 | 272,798 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 101,211 | 7,479 | 28,902 | - | (4,259) | 16,590 | 92,119 |
Fidelity Series Emerging Markets Fund | 573,728 | 368,158 | 186,264 | 11,836 | (41,474) | 102,016 | 816,164 |
Fidelity Series Emerging Markets Opportunities Fund | 5,177,815 | 355,009 | 2,433,913 | 100,071 | (621,457) | 955,120 | 3,432,574 |
Fidelity Series Floating Rate High Income Fund | 58,277 | 27,864 | 34,198 | 4,234 | (1,834) | 2,602 | 52,711 |
Fidelity Series Government Money Market Fund 5.33% | 362,121 | 1,620,866 | 649,811 | 44,417 | - | - | 1,333,176 |
Fidelity Series Growth Company Fund | 2,484,256 | 471,773 | 1,201,141 | 12,150 | (217,293) | 699,098 | 2,236,693 |
Fidelity Series High Income Fund | 314,647 | 54,425 | 77,051 | 18,027 | (7,363) | (1,337) | 283,321 |
Fidelity Series International Credit Fund | 10,567 | 587 | - | 587 | - | (1,086) | 10,068 |
Fidelity Series International Developed Markets Bond Index Fund | 2,316,678 | 462,210 | 549,066 | 45,552 | (47,246) | (104,911) | 2,077,665 |
Fidelity Series International Growth Fund | 2,531,624 | 391,395 | 894,428 | 72,828 | (155,031) | 324,016 | 2,197,576 |
Fidelity Series International Small Cap Fund | 687,059 | 73,646 | 158,729 | 35,225 | (51,894) | 57,485 | 607,567 |
Fidelity Series International Value Fund | 2,510,416 | 294,954 | 925,014 | 71,315 | (52,818) | 383,497 | 2,211,035 |
Fidelity Series Intrinsic Opportunities Fund | 1,567,418 | 482,846 | 1,216,038 | 438,855 | (132,261) | (255,479) | 446,486 |
Fidelity Series Investment Grade Bond Fund | 15,049,798 | 4,374,271 | 3,410,720 | 534,731 | (297,168) | (542,010) | 15,174,171 |
Fidelity Series Large Cap Stock Fund | 2,355,875 | 578,237 | 1,048,244 | 143,638 | (6,284) | 222,922 | 2,102,506 |
Fidelity Series Large Cap Value Index Fund | 793,629 | 115,156 | 274,670 | 24,519 | (613) | 24,095 | 657,597 |
Fidelity Series Long-Term Treasury Bond Index Fund | 3,262,420 | 806,930 | 1,025,530 | 81,897 | (240,411) | (180,583) | 2,622,826 |
Fidelity Series Opportunistic Insights Fund | 1,391,594 | 362,350 | 570,979 | 60,067 | (60,924) | 210,814 | 1,332,855 |
Fidelity Series Overseas Fund | 2,546,099 | 358,210 | 945,469 | 38,355 | (130,860) | 372,790 | 2,200,770 |
Fidelity Series Real Estate Income Fund | 182,145 | 24,856 | 116,193 | 13,278 | (12,128) | (5,073) | 73,607 |
Fidelity Series Short-Term Credit Fund | 90,087 | 18,908 | 41,604 | 1,806 | (714) | 187 | 66,864 |
Fidelity Series Small Cap Core Fund | - | 4,159 | - | 3 | - | 429 | 4,588 |
Fidelity Series Small Cap Discovery Fund | 254,178 | 33,741 | 104,185 | 11,289 | (14,343) | 22,492 | 191,883 |
Fidelity Series Small Cap Opportunities Fund | 853,502 | 118,659 | 369,764 | 37,308 | (34,004) | 72,001 | 640,394 |
Fidelity Series Stock Selector Large Cap Value Fund | 1,755,837 | 319,025 | 655,892 | 106,160 | (36,984) | 81,626 | 1,463,612 |
Fidelity Series Value Discovery Fund | 1,353,615 | 502,520 | 553,508 | 64,367 | (5,622) | 14,721 | 1,311,726 |
58,436,427 | 15,541,730 | 20,780,934 | 2,879,695 | (2,763,490) | 2,107,511 | 52,540,435 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 12,420,919 | 12,420,919 | - | - |
International Equity Funds | 12,238,782 | 12,238,782 | - | - |
Bond Funds | 26,480,694 | 26,480,694 | - | - |
Short-Term Funds | 1,400,040 | 1,400,040 | - | - |
Total Investments in Securities: | 52,540,435 | 52,540,435 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $53,511,278) | $ | 52,540,435 | ||
Total Investment in Securities (cost $53,511,278) | $ | 52,540,435 | ||
Cash | 187 | |||
Receivable for investments sold | 688,397 | |||
Receivable for fund shares sold | 103 | |||
Total assets | 53,229,122 | |||
Liabilities | ||||
Payable for investments purchased | $ | 660,207 | ||
Payable for fund shares redeemed | 4,764 | |||
Accrued management fee | 24,767 | |||
Total Liabilities | 689,738 | |||
Net Assets | $ | 52,539,384 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 56,401,149 | ||
Total accumulated earnings (loss) | (3,861,765) | |||
Net Assets | $ | 52,539,384 | ||
Net Asset Value, offering price and redemption price per share ($52,539,384 ÷ 896,423 shares) | $ | 58.61 |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 2,019,461 | ||
Expenses | ||||
Management fee | $ | 296,648 | ||
Independent trustees' fees and expenses | 190 | |||
Total expenses before reductions | 296,838 | |||
Expense reductions | (6) | |||
Total expenses after reductions | 296,832 | |||
Net Investment income (loss) | 1,722,629 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (2,763,490) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 860,234 | |||
Total net realized gain (loss) | (1,903,256) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 2,107,511 | |||
Total change in net unrealized appreciation (depreciation) | 2,107,511 | |||
Net gain (loss) | 204,255 | |||
Net increase (decrease) in net assets resulting from operations | $ | 1,926,884 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 1,722,629 | $ | 1,681,186 |
Net realized gain (loss) | (1,903,256) | 2,511,654 | ||
Change in net unrealized appreciation (depreciation) | 2,107,511 | (11,882,740) | ||
Net increase (decrease) in net assets resulting from operations | 1,926,884 | (7,689,900) | ||
Distributions to shareholders | (3,243,749) | (4,086,853) | ||
Share transactions | ||||
Proceeds from sales of shares | 3,392,453 | 16,359,796 | ||
Reinvestment of distributions | 3,036,491 | 3,771,778 | ||
Cost of shares redeemed | (11,007,930) | (17,530,600) | ||
Net increase (decrease) in net assets resulting from share transactions | (4,578,986) | 2,600,974 | ||
Total increase (decrease) in net assets | (5,895,851) | (9,175,779) | ||
Net Assets | ||||
Beginning of period | 58,435,235 | 67,611,014 | ||
End of period | $ | 52,539,384 | $ | 58,435,235 |
Other Information | ||||
Shares | ||||
Sold | 60,470 | 241,238 | ||
Issued in reinvestment of distributions | 55,248 | 55,153 | ||
Redeemed | (198,222) | (272,603) | ||
Net increase (decrease) | (82,504) | 23,788 | ||
Fidelity Simplicity RMD 2020 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 59.69 | $ | 70.79 | $ | 62.18 | $ | 59.88 | $ | 59.80 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | 1.853 | 1.637 | .586 | .930 | 1.031 | |||||
Net realized and unrealized gain (loss) | .496 | (8.714) | 9.999 | 3.672 | 1.221 | |||||
Total from investment operations | 2.349 | (7.077) | 10.585 | 4.602 | 2.252 | |||||
Distributions from net investment income | (1.819) | (1.614) | (.617) | (.966) | (1.061) | |||||
Distributions from net realized gain | (1.610) | (2.409) | (1.358) | (1.336) | (1.111) | |||||
Total distributions | (3.429) | (4.023) | (1.975) | (2.302) | (2.172) | |||||
Net asset value, end of period | $ | 58.61 | $ | 59.69 | $ | 70.79 | $ | 62.18 | $ | 59.88 |
Total Return C | 4.45% | (10.63)% | 17.29% | 7.88% | 4.04% | |||||
Ratios to Average Net Assets B,D,E | ||||||||||
Expenses before reductions | .57% | .58% | .59% | .60% | .61% | |||||
Expenses net of fee waivers, if any | .57% | .58% | .59% | .60% | .61% | |||||
Expenses net of all reductions | .57% | .58% | .59% | .60% | .61% | |||||
Net investment income (loss) | 3.31% | 2.51% | .87% | 1.57% | 1.78% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (000 omitted) | $ | 52,539 | $ | 58,435 | $ | 67,611 | $ | 49,365 | $ | 43,005 |
Portfolio turnover rate F | 30% | 62% | 34% | 48% | 29% |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 25.3 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 8.5 | |
Fidelity Series Emerging Markets Opportunities Fund | 7.2 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 5.5 | |
Fidelity Series Growth Company Fund | 5.1 | |
Fidelity Series International Value Fund | 4.8 | |
Fidelity Series Large Cap Stock Fund | 4.7 | |
Fidelity Series Overseas Fund | 4.7 | |
Fidelity Series International Growth Fund | 4.7 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
74.4 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 27.9% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 10,238 | 109,440 | |
Fidelity Series Blue Chip Growth Fund (a) | 20,605 | 302,681 | |
Fidelity Series Commodity Strategy Fund (a) | 821 | 84,462 | |
Fidelity Series Growth Company Fund (a) | 29,637 | 563,700 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 8,703 | 112,526 | |
Fidelity Series Large Cap Stock Fund (a) | 26,789 | 529,879 | |
Fidelity Series Large Cap Value Index Fund (a) | 11,064 | 165,731 | |
Fidelity Series Opportunistic Insights Fund (a) | 18,861 | 335,916 | |
Fidelity Series Small Cap Core Fund (a) | 98 | 1,060 | |
Fidelity Series Small Cap Discovery Fund (a) | 4,201 | 48,357 | |
Fidelity Series Small Cap Opportunities Fund (a) | 11,981 | 161,389 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 28,223 | 368,872 | |
Fidelity Series Value Discovery Fund (a) | 21,551 | 330,588 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $2,867,258) | 3,114,601 | ||
International Equity Funds - 26.1% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 12,688 | 186,008 | |
Fidelity Series Emerging Markets Fund (a) | 21,600 | 188,998 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 44,478 | 802,391 | |
Fidelity Series International Growth Fund (a) | 31,836 | 528,793 | |
Fidelity Series International Small Cap Fund (a) | 8,747 | 145,466 | |
Fidelity Series International Value Fund (a) | 46,464 | 532,013 | |
Fidelity Series Overseas Fund (a) | 41,665 | 529,558 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $2,776,735) | 2,913,227 | ||
Bond Funds - 44.6% | |||
Shares | Value ($) | ||
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 119,842 | 944,353 | |
Fidelity Series Emerging Markets Debt Fund (a) | 7,711 | 58,061 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 2,013 | 19,445 | |
Fidelity Series Floating Rate High Income Fund (a) | 1,245 | 11,196 | |
Fidelity Series High Income Fund (a) | 7,282 | 60,152 | |
Fidelity Series International Credit Fund (a) | 353 | 2,720 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 50,690 | 431,880 | |
Fidelity Series Investment Grade Bond Fund (a) | 284,825 | 2,828,311 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 103,865 | 609,688 | |
Fidelity Series Real Estate Income Fund (a) | 1,611 | 15,623 | |
TOTAL BOND FUNDS (Cost $5,717,633) | 4,981,429 | ||
Short-Term Funds - 1.4% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 145,790 | 145,790 | |
Fidelity Series Short-Term Credit Fund (a) | 418 | 4,034 | |
TOTAL SHORT-TERM FUNDS (Cost $149,774) | 149,824 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $11,511,400) | 11,159,081 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (281) |
NET ASSETS - 100.0% | 11,158,800 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 779,438 | 420,237 | 143,543 | 51,068 | (11,302) | (100,477) | 944,353 |
Fidelity Series All-Sector Equity Fund | 118,129 | 27,696 | 46,793 | 6,054 | (6,470) | 16,878 | 109,440 |
Fidelity Series Blue Chip Growth Fund | 264,971 | 132,777 | 164,656 | 9,063 | (15,824) | 85,413 | 302,681 |
Fidelity Series Canada Fund | 222,220 | 58,275 | 102,989 | 6,027 | (709) | 9,211 | 186,008 |
Fidelity Series Commodity Strategy Fund | 163,734 | 128,400 | 108,583 | 87,576 | (50,766) | (48,323) | 84,462 |
Fidelity Series Emerging Markets Debt Fund | 56,737 | 15,511 | 15,097 | 3,273 | (1,982) | 2,892 | 58,061 |
Fidelity Series Emerging Markets Debt Local Currency Fund | 18,918 | 3,931 | 6,004 | - | (434) | 3,034 | 19,445 |
Fidelity Series Emerging Markets Fund | 115,194 | 98,511 | 38,808 | 2,573 | (3,990) | 18,091 | 188,998 |
Fidelity Series Emerging Markets Opportunities Fund | 1,039,199 | 189,595 | 513,169 | 21,759 | (101,710) | 188,476 | 802,391 |
Fidelity Series Floating Rate High Income Fund | 10,870 | 7,204 | 7,038 | 853 | (220) | 380 | 11,196 |
Fidelity Series Government Money Market Fund 5.33% | - | 269,340 | 123,550 | 4,980 | - | - | 145,790 |
Fidelity Series Growth Company Fund | 536,464 | 174,771 | 273,376 | 2,870 | (25,167) | 151,008 | 563,700 |
Fidelity Series High Income Fund | 58,689 | 18,828 | 15,845 | 3,642 | (850) | (670) | 60,152 |
Fidelity Series International Credit Fund | 2,855 | 158 | - | 159 | - | (293) | 2,720 |
Fidelity Series International Developed Markets Bond Index Fund | 422,550 | 131,879 | 94,633 | 9,196 | (6,034) | (21,882) | 431,880 |
Fidelity Series International Growth Fund | 527,448 | 152,142 | 196,634 | 16,505 | (21,101) | 66,938 | 528,793 |
Fidelity Series International Small Cap Fund | 143,102 | 31,964 | 32,538 | 7,955 | (6,298) | 9,236 | 145,466 |
Fidelity Series International Value Fund | 523,044 | 130,780 | 201,320 | 16,110 | (8,280) | 87,789 | 532,013 |
Fidelity Series Intrinsic Opportunities Fund | 337,872 | 120,258 | 260,902 | 98,438 | (22,819) | (61,883) | 112,526 |
Fidelity Series Investment Grade Bond Fund | 2,444,056 | 1,079,349 | 561,646 | 94,719 | (23,427) | (110,021) | 2,828,311 |
Fidelity Series Large Cap Stock Fund | 508,741 | 195,942 | 234,655 | 31,333 | (4,043) | 63,894 | 529,879 |
Fidelity Series Large Cap Value Index Fund | 171,391 | 48,176 | 60,593 | 5,799 | (2,367) | 9,124 | 165,731 |
Fidelity Series Long-Term Treasury Bond Index Fund | 663,856 | 261,058 | 229,246 | 18,039 | (26,915) | (59,065) | 609,688 |
Fidelity Series Opportunistic Insights Fund | 300,481 | 124,953 | 129,730 | 14,170 | (4,246) | 44,458 | 335,916 |
Fidelity Series Overseas Fund | 530,449 | 141,707 | 204,635 | 8,664 | (12,723) | 74,760 | 529,558 |
Fidelity Series Real Estate Income Fund | 33,185 | 10,987 | 25,298 | 2,583 | (1,987) | (1,264) | 15,623 |
Fidelity Series Short-Term Credit Fund | - | 3,983 | - | 66 | - | 51 | 4,034 |
Fidelity Series Small Cap Core Fund | - | 962 | 1 | 1 | - | 99 | 1,060 |
Fidelity Series Small Cap Discovery Fund | 54,890 | 14,510 | 23,734 | 2,665 | (3,690) | 6,381 | 48,357 |
Fidelity Series Small Cap Opportunities Fund | 184,410 | 51,078 | 85,475 | 8,218 | (5,480) | 16,856 | 161,389 |
Fidelity Series Stock Selector Large Cap Value Fund | 379,199 | 121,649 | 145,389 | 25,098 | (7,261) | 20,674 | 368,872 |
Fidelity Series Value Discovery Fund | 292,341 | 151,096 | 116,306 | 15,220 | (3,388) | 6,845 | 330,588 |
10,904,433 | 4,317,707 | 4,162,186 | 574,676 | (379,483) | 478,610 | 11,159,081 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 3,114,601 | 3,114,601 | - | - |
International Equity Funds | 2,913,227 | 2,913,227 | - | - |
Bond Funds | 4,981,429 | 4,981,429 | - | - |
Short-Term Funds | 149,824 | 149,824 | - | - |
Total Investments in Securities: | 11,159,081 | 11,159,081 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $11,511,400) | $ | 11,159,081 | ||
Total Investment in Securities (cost $11,511,400) | $ | 11,159,081 | ||
Receivable for investments sold | 127,713 | |||
Receivable for fund shares sold | 15,000 | |||
Total assets | 11,301,794 | |||
Liabilities | ||||
Payable for investments purchased | $ | 137,415 | ||
Accrued management fee | 5,579 | |||
Total Liabilities | 142,994 | |||
Net Assets | $ | 11,158,800 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 12,088,955 | ||
Total accumulated earnings (loss) | (930,155) | |||
Net Assets | $ | 11,158,800 | ||
Net Asset Value, offering price and redemption price per share ($11,158,800 ÷ 1,063,154 shares) | $ | 10.50 |
Statement of Operations | ||||
Year ended July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 380,667 | ||
Expenses | ||||
Management fee | $ | 64,182 | ||
Independent trustees' fees and expenses | 38 | |||
Total Expenses | 64,220 | |||
Net Investment income (loss) | 316,447 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | (379,483) | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 194,009 | |||
Total net realized gain (loss) | (185,474) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 478,610 | |||
Total change in net unrealized appreciation (depreciation) | 478,610 | |||
Net gain (loss) | 293,136 | |||
Net increase (decrease) in net assets resulting from operations | $ | 609,583 |
Statement of Changes in Net Assets | ||||
Year ended July 31, 2023 | Year ended July 31, 2022 | |||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 316,447 | $ | 274,958 |
Net realized gain (loss) | (185,474) | 242,545 | ||
Change in net unrealized appreciation (depreciation) | 478,610 | (2,094,819) | ||
Net increase (decrease) in net assets resulting from operations | 609,583 | (1,577,316) | ||
Distributions to shareholders | (551,378) | (733,824) | ||
Share transactions | ||||
Proceeds from sales of shares | 2,145,106 | 6,604,735 | ||
Reinvestment of distributions | 530,200 | 719,705 | ||
Cost of shares redeemed | (2,478,871) | (5,508,059) | ||
Net increase (decrease) in net assets resulting from share transactions | 196,435 | 1,816,381 | ||
Total increase (decrease) in net assets | 254,640 | (494,759) | ||
Net Assets | ||||
Beginning of period | 10,904,160 | 11,398,919 | ||
End of period | $ | 11,158,800 | $ | 10,904,160 |
Other Information | ||||
Shares | ||||
Sold | 222,343 | 554,677 | ||
Issued in reinvestment of distributions | 54,701 | 59,330 | ||
Redeemed | (252,694) | (482,095) | ||
Net increase (decrease) | 24,350 | 131,912 | ||
Fidelity Simplicity RMD 2025 Fund℠ |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 A | ||||
Selected Per-Share Data | ||||||||
Net asset value, beginning of period | $ | 10.50 | $ | 12.57 | $ | 10.77 | $ | 10.00 |
Income from Investment Operations | ||||||||
Net investment income (loss) B,C | .299 | .269 | .088 | .118 | ||||
Net realized and unrealized gain (loss) | .236 | (1.561) | 2.054 | .822 | ||||
Total from investment operations | .535 | (1.292) | 2.142 | .940 | ||||
Distributions from net investment income | (.301) | (.283) | (.106) | (.134) | ||||
Distributions from net realized gain | (.234) | (.495) | (.236) | (.036) | ||||
Total distributions | (.535) | (.778) | (.342) | (.170) | ||||
Net asset value, end of period | $ | 10.50 | $ | 10.50 | $ | 12.57 | $ | 10.77 |
Total Return D | 5.63% | (11.01)% | 20.21% | 9.45% | ||||
Ratios to Average Net Assets C,E,F | ||||||||
Expenses before reductions | .61% | .62% | .63% | .64% G | ||||
Expenses net of fee waivers, if any | .61% | .62% | .63% | .64% G | ||||
Expenses net of all reductions | .61% | .62% | .63% | .64% G | ||||
Net investment income (loss) | 3.01% | 2.35% | .74% | 1.21% G | ||||
Supplemental Data | ||||||||
Net assets, end of period (000 omitted) | $ | 11,159 | $ | 10,904 | $ | 11,399 | $ | 5,676 |
Portfolio turnover rate H | 40% | 79% | 66% | 54% G |
Top Holdings (% of Fund's net assets) | ||
Fidelity Series Investment Grade Bond Fund | 22.6 | |
Fidelity Series Emerging Markets Opportunities Fund | 7.7 | |
Fidelity Series Long-Term Treasury Bond Index Fund | 5.9 | |
Fidelity Series Growth Company Fund | 5.8 | |
Fidelity Series Large Cap Stock Fund | 5.4 | |
Fidelity Series International Value Fund | 5.3 | |
Fidelity Series Overseas Fund | 5.3 | |
Fidelity Series International Growth Fund | 5.3 | |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | 4.3 | |
Fidelity Series International Developed Markets Bond Index Fund | 3.9 | |
71.5 | ||
Asset Allocation (% of Fund's net assets) |
Percentages shown as 0.0% may reflect amounts less than 0.05%. |
Domestic Equity Funds - 31.9% | |||
Shares | Value ($) | ||
Fidelity Series All-Sector Equity Fund (a) | 686 | 7,332 | |
Fidelity Series Blue Chip Growth Fund (a) | 1,380 | 20,277 | |
Fidelity Series Commodity Strategy Fund (a) | 48 | 4,959 | |
Fidelity Series Growth Company Fund (a) | 1,985 | 37,763 | |
Fidelity Series Intrinsic Opportunities Fund (a) | 583 | 7,538 | |
Fidelity Series Large Cap Stock Fund (a) | 1,795 | 35,497 | |
Fidelity Series Large Cap Value Index Fund (a) | 741 | 11,103 | |
Fidelity Series Opportunistic Insights Fund (a) | 1,264 | 22,503 | |
Fidelity Series Small Cap Core Fund (a) | 7 | 77 | |
Fidelity Series Small Cap Discovery Fund (a) | 281 | 3,240 | |
Fidelity Series Small Cap Opportunities Fund (a) | 803 | 10,812 | |
Fidelity Series Stock Selector Large Cap Value Fund (a) | 1,891 | 24,711 | |
Fidelity Series Value Discovery Fund (a) | 1,444 | 22,146 | |
TOTAL DOMESTIC EQUITY FUNDS (Cost $183,515) | 207,958 | ||
International Equity Funds - 28.7% | |||
Shares | Value ($) | ||
Fidelity Series Canada Fund (a) | 824 | 12,082 | |
Fidelity Series Emerging Markets Fund (a) | 1,439 | 12,590 | |
Fidelity Series Emerging Markets Opportunities Fund (a) | 2,785 | 50,240 | |
Fidelity Series International Growth Fund (a) | 2,067 | 34,327 | |
Fidelity Series International Small Cap Fund (a) | 565 | 9,389 | |
Fidelity Series International Value Fund (a) | 3,017 | 34,547 | |
Fidelity Series Overseas Fund (a) | 2,706 | 34,388 | |
TOTAL INTERNATIONAL EQUITY FUNDS (Cost $173,654) | 187,563 | ||
Bond Funds - 38.1% | |||
Shares | Value ($) | ||
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a) | 3,555 | 28,016 | |
Fidelity Series Emerging Markets Debt Fund (a) | 449 | 3,380 | |
Fidelity Series Emerging Markets Debt Local Currency Fund (a) | 117 | 1,132 | |
Fidelity Series Floating Rate High Income Fund (a) | 73 | 655 | |
Fidelity Series High Income Fund (a) | 426 | 3,519 | |
Fidelity Series International Developed Markets Bond Index Fund (a) | 2,969 | 25,297 | |
Fidelity Series Investment Grade Bond Fund (a) | 14,832 | 147,280 | |
Fidelity Series Long-Term Treasury Bond Index Fund (a) | 6,534 | 38,354 | |
Fidelity Series Real Estate Income Fund (a) | 92 | 897 | |
TOTAL BOND FUNDS (Cost $252,040) | 248,530 | ||
Short-Term Funds - 1.3% | |||
Shares | Value ($) | ||
Fidelity Series Government Money Market Fund 5.33% (a)(b) | 8,111 | 8,111 | |
Fidelity Series Short-Term Credit Fund (a) | 68 | 654 | |
TOTAL SHORT-TERM FUNDS (Cost $8,761) | 8,765 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $617,970) | 652,816 |
NET OTHER ASSETS (LIABILITIES) - 0.0% | (6) |
NET ASSETS - 100.0% | 652,810 |
(a) | Affiliated Fund |
(b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
Affiliate | Value, beginning of period ($) | 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 5.32% | - | 100,000 | 100,000 | 12 | - | - | - | 0.0% |
Total | - | 100,000 | 100,000 | 12 | - | - | - | |
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) |
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund | - | 28,943 | 837 | 7 | (23) | (67) | 28,016 |
Fidelity Series All-Sector Equity Fund | - | 7,309 | 915 | 44 | 29 | 909 | 7,332 |
Fidelity Series Blue Chip Growth Fund | - | 19,850 | 4,793 | - | 471 | 4,749 | 20,277 |
Fidelity Series Canada Fund | - | 13,818 | 2,382 | - | 2 | 644 | 12,082 |
Fidelity Series Commodity Strategy Fund | - | 5,461 | 562 | - | (12) | 72 | 4,959 |
Fidelity Series Emerging Markets Debt Fund | - | 3,504 | 167 | 91 | (5) | 48 | 3,380 |
Fidelity Series Emerging Markets Debt Local Currency Fund | - | 1,094 | 52 | - | - | 90 | 1,132 |
Fidelity Series Emerging Markets Fund | - | 13,013 | 1,375 | - | (5) | 957 | 12,590 |
Fidelity Series Emerging Markets Opportunities Fund | - | 54,771 | 8,670 | - | 72 | 4,067 | 50,240 |
Fidelity Series Floating Rate High Income Fund | - | 681 | 32 | 26 | - | 6 | 655 |
Fidelity Series Government Money Market Fund 5.33% | - | 12,581 | 4,470 | 165 | - | - | 8,111 |
Fidelity Series Growth Company Fund | - | 36,929 | 7,403 | - | 594 | 7,643 | 37,763 |
Fidelity Series High Income Fund | - | 3,668 | 169 | 95 | (3) | 23 | 3,519 |
Fidelity Series International Developed Markets Bond Index Fund | - | 27,145 | 1,658 | 386 | (19) | (171) | 25,297 |
Fidelity Series International Growth Fund | - | 35,286 | 3,458 | - | 19 | 2,480 | 34,327 |
Fidelity Series International Small Cap Fund | - | 9,433 | 523 | - | (2) | 481 | 9,389 |
Fidelity Series International Value Fund | - | 35,390 | 3,435 | - | (2) | 2,594 | 34,547 |
Fidelity Series Intrinsic Opportunities Fund | - | 9,576 | 2,476 | - | (19) | 457 | 7,538 |
Fidelity Series Investment Grade Bond Fund | - | 155,862 | 6,604 | 2,531 | (124) | (1,854) | 147,280 |
Fidelity Series Large Cap Stock Fund | - | 35,994 | 4,386 | - | 93 | 3,796 | 35,497 |
Fidelity Series Large Cap Value Index Fund | - | 11,507 | 933 | 21 | (8) | 537 | 11,103 |
Fidelity Series Long-Term Treasury Bond Index Fund | - | 45,394 | 5,330 | 532 | (140) | (1,570) | 38,354 |
Fidelity Series Opportunistic Insights Fund | - | 22,143 | 3,027 | - | 120 | 3,267 | 22,503 |
Fidelity Series Overseas Fund | - | 35,112 | 3,415 | - | 6 | 2,685 | 34,388 |
Fidelity Series Real Estate Income Fund | - | 1,330 | 415 | 25 | (6) | (12) | 897 |
Fidelity Series Short-Term Credit Fund | - | 1,621 | 971 | 11 | 1 | 3 | 654 |
Fidelity Series Small Cap Core Fund | - | 70 | - | - | - | 7 | 77 |
Fidelity Series Small Cap Discovery Fund | - | 3,476 | 448 | 7 | (8) | 220 | 3,240 |
Fidelity Series Small Cap Opportunities Fund | - | 11,453 | 1,403 | - | (4) | 766 | 10,812 |
Fidelity Series Stock Selector Large Cap Value Fund | - | 25,863 | 2,487 | 76 | (12) | 1,347 | 24,711 |
Fidelity Series Value Discovery Fund | - | 23,580 | 2,083 | 49 | (23) | 672 | 22,146 |
- | 691,857 | 74,879 | 4,066 | 992 | 34,846 | 652,816 |
Valuation Inputs at Reporting Date: | ||||
Description | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
Domestic Equity Funds | 207,958 | 207,958 | - | - |
International Equity Funds | 187,563 | 187,563 | - | - |
Bond Funds | 248,530 | 248,530 | - | - |
Short-Term Funds | 8,765 | 8,765 | - | - |
Total Investments in Securities: | 652,816 | 652,816 | - | - |
Statement of Assets and Liabilities | ||||
July 31, 2023 | ||||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Affiliated issuers (cost $617,970) | $ | 652,816 | ||
Total Investment in Securities (cost $617,970) | $ | 652,816 | ||
Cash | 12 | |||
Receivable for investments sold | 7,876 | |||
Total assets | 660,704 | |||
Liabilities | ||||
Payable for investments purchased | $ | 7,540 | ||
Accrued management fee | 354 | |||
Total Liabilities | 7,894 | |||
Net Assets | $ | 652,810 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 616,324 | ||
Total accumulated earnings (loss) | 36,486 | |||
Net Assets | $ | 652,810 | ||
Net Asset Value, offering price and redemption price per share ($652,810 ÷ 59,449 shares) | $ | 10.98 |
Statement of Operations | ||||
For the period December 15, 2022 (commencement of operations) through July 31, 2023 | ||||
Investment Income | ||||
Dividends: | ||||
Affiliated issuers | $ | 3,917 | ||
Income from Fidelity Central Funds | 12 | |||
Total Income | 3,929 | |||
Expenses | ||||
Management fee | $ | 1,943 | ||
Independent trustees' fees and expenses | 1 | |||
Total Expenses | 1,944 | |||
Net Investment income (loss) | 1,985 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 992 | |||
Capital gain distributions from underlying funds: | ||||
Affiliated issuers | 149 | |||
Total net realized gain (loss) | 1,141 | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Affiliated issuers | 34,846 | |||
Total change in net unrealized appreciation (depreciation) | 34,846 | |||
Net gain (loss) | 35,987 | |||
Net increase (decrease) in net assets resulting from operations | $ | 37,972 |
Statement of Changes in Net Assets | ||
For the period December 15, 2022 (commencement of operations) through July 31, 2023 | ||
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $ | 1,985 |
Net realized gain (loss) | 1,141 | |
Change in net unrealized appreciation (depreciation) | 34,846 | |
Net increase (decrease) in net assets resulting from operations | 37,972 | |
Distributions to shareholders | (1,486) | |
Share transactions | ||
Proceeds from sales of shares | 636,085 | |
Reinvestment of distributions | 1,379 | |
Cost of shares redeemed | (21,140) | |
Net increase (decrease) in net assets resulting from share transactions | 616,324 | |
Total increase (decrease) in net assets | 652,810 | |
Net Assets | ||
Beginning of period | - | |
End of period | $ | 652,810 |
Other Information | ||
Shares | ||
Sold | 61,367 | |
Issued in reinvestment of distributions | 132 | |
Redeemed | (2,050) | |
Net increase (decrease) | 59,449 | |
Fidelity Simplicity RMD 2030 Fund℠ |
Years ended July 31, | 2023 A | |
Selected Per-Share Data | ||
Net asset value, beginning of period | $ | 10.00 |
Income from Investment Operations | ||
Net investment income (loss) B,C | .044 | |
Net realized and unrealized gain (loss) | .967 | |
Total from investment operations | 1.011 | |
Distributions from net investment income | (.031) | |
Total distributions | (.031) | |
Net asset value, end of period | $ | 10.98 |
Total Return D | 10.13% | |
Ratios to Average Net Assets C,E,F | ||
Expenses before reductions | .66% G | |
Expenses net of fee waivers, if any | .66% G | |
Expenses net of all reductions | .66% G | |
Net investment income (loss) | .67% G | |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $ | 653 |
Portfolio turnover rate H | 25% G |
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% |
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Simplicity RMD Income Fund | $37,541,479 | $849,242 | $(3,255,830) | $(2,406,588) |
Fidelity Simplicity RMD 2010 Fund | 10,750,445 | 349,899 | (904,616) | (554,717) |
Fidelity Simplicity RMD 2015 Fund | 23,268,269 | 1,083,493 | (1,977,727) | (894,234) |
Fidelity Simplicity RMD 2020 Fund | 54,357,460 | 2,849,369 | (4,666,394) | (1,817,025) |
Fidelity Simplicity RMD 2025 Fund | 11,697,115 | 515,428 | (1,053,462) | (538,034) |
Fidelity Simplicity RMD 2030 Fund | 618,459 | 38,429 | (4,072) | 34,357 |
Undistributed ordinary income | Undistributed long-term capital gain | Capital loss carryforward | Net unrealized appreciation (depreciation) on securities and other investments | |
Fidelity Simplicity RMD Income Fund | $74,720 | $- | $(881,481) | $(2,406,588) |
Fidelity Simplicity RMD 2010 Fund | 18,052 | - | (270,835) | (554,717) |
Fidelity Simplicity RMD 2015 Fund | 32,217 | - | (979,704) | (894,234) |
Fidelity Simplicity RMD 2020 Fund | 57,624 | - | (2,102,363) | (1,817,025) |
Fidelity Simplicity RMD 2025 Fund | 8,058 | - | (400,178) | (538,034) |
Fidelity Simplicity RMD 2030 Fund | 1,991 | 139 | - | 34,357 |
Short-term | Long-term | Total capital loss carryforward | |
Fidelity Simplicity RMD Income Fund | $(359,130) | $(522,351) | $(881,481) |
Fidelity Simplicity RMD 2010 Fund | (144,032) | (126,803) | (270,835) |
Fidelity Simplicity RMD 2015 Fund | (320,123) | (659,581) | (979,704) |
Fidelity Simplicity RMD 2020 Fund | (1,121,171) | (981,192) | (2,102,363) |
Fidelity Simplicity RMD 2025 Fund | (221,938) | (178,240) | (400,178) |
July 31, 2023 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Simplicity RMD Income Fund | $1,447,229 | $633,905 | $2,081,134 |
Fidelity Simplicity RMD 2010 Fund | 378,848 | 183,894 | 562,742 |
Fidelity Simplicity RMD 2015 Fund | 837,648 | 562,530 | 1,400,178 |
Fidelity Simplicity RMD 2020 Fund | 1,697,467 | 1,546,282 | 3,243,749 |
Fidelity Simplicity RMD 2025 Fund | 311,135 | 240,243 | 551,378 |
Fidelity Simplicity RMD 2030 Fund A | 1,486 | - | 1,486 |
July 31, 2022 | |||
Ordinary Income | Long-term Capital Gains | Total | |
Fidelity Simplicity RMD Income Fund | $1,247,173 | $812,040 | $2,059,213 |
Fidelity Simplicity RMD 2010 Fund | 412,118 | 251,331 | 663,449 |
Fidelity Simplicity RMD 2015 Fund | 997,466 | 741,459 | 1,738,925 |
Fidelity Simplicity RMD 2020 Fund | 2,210,868 | 1,875,985 | 4,086,853 |
Fidelity Simplicity RMD 2025 Fund | 430,159 | 303,665 | 733,824 |
Purchases ($) | Sales ($) | |
Fidelity Simplicity RMD Income Fund | 7,667,806 | 11,556,280 |
Fidelity Simplicity RMD 2010 Fund | 2,507,005 | 3,424,339 |
Fidelity Simplicity RMD 2015 Fund | 6,500,266 | 10,504,855 |
Fidelity Simplicity RMD 2020 Fund | 15,541,730 | 20,780,934 |
Fidelity Simplicity RMD 2025 Fund | 4,317,707 | 4,162,186 |
Fidelity Simplicity RMD 2030 Fund | 691,857 | 74,879 |
Fidelity Simplicity RMD Income Fund | .46% |
Fidelity Simplicity RMD 2010 Fund | .49% |
Fidelity Simplicity RMD 2015 Fund | .53% |
Fidelity Simplicity RMD 2020 Fund | .57% |
Fidelity Simplicity RMD 2025 Fund | .61% |
Fidelity Simplicity RMD 2030 Fund | .66% |
Value of Investments and Cash reallocated ($) | Net realized Gain (Loss) on redemptions of Underlying Fund ($) | |
Fidelity Simplicity RMD Income Fund | 4,050,355 | 286,682 |
Fidelity Simplicity RMD 2010 Fund | 1,122,865 | 65,739 |
Fidelity Simplicity RMD 2015 Fund | 2,210,765 | 101,629 |
Fidelity Simplicity RMD 2020 Fund | 4,135,488 | 188,898 |
Fidelity Simplicity RMD 2025 Fund | 580,441 | 8,469 |
Custodian credits | |
Fidelity Simplicity RMD Income Fund | $7 |
Fidelity Simplicity RMD 2010 Fund | 1 |
Fidelity Simplicity RMD 2020 Fund | 6 |
Fund | Affiliated % | Number of Unaffiliated Shareholders | Unaffiliated Shareholders % |
Fidelity Simplicity RMD 2030 Fund | 17% | 1 | 64% |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (February 1, 2023 to July 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value February 1, 2023 | Ending Account Value July 31, 2023 | Expenses Paid During Period- C February 1, 2023 to July 31, 2023 | |||||||
Fidelity Simplicity RMD Income Fund℠ | .46% | |||||||||
Actual | $ 1,000 | $ 1,012.90 | $ 2.30 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.51 | $ 2.31 | |||||||
Fidelity Simplicity RMD 2010 Fund℠ | .49% | |||||||||
Actual | $ 1,000 | $ 1,021.50 | $ 2.46 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.36 | $ 2.46 | |||||||
Fidelity Simplicity RMD 2015 Fund℠ | .53% | |||||||||
Actual | $ 1,000 | $ 1,029.00 | $ 2.67 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.17 | $ 2.66 | |||||||
Fidelity Simplicity RMD 2020 Fund℠ | .57% | |||||||||
Actual | $ 1,000 | $ 1,036.30 | $ 2.88 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.97 | $ 2.86 | |||||||
Fidelity Simplicity RMD 2025 Fund℠ | .61% | |||||||||
Actual | $ 1,000 | $ 1,042.40 | $ 3.09 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.77 | $ 3.06 | |||||||
Fidelity Simplicity RMD 2030 Fund℠ | .66% | |||||||||
Actual | $ 1,000 | $ 1,049.10 | $ 3.35 | |||||||
Hypothetical-B | $ 1,000 | $ 1,021.52 | $ 3.31 | |||||||
Fidelity Simplicity RMD 2030 Fund | $139 |
Fidelity Simplicity RMD Income Fund | 32.19% |
Fidelity Simplicity RMD 2010 Fund | 26.67% |
Fidelity Simplicity RMD 2015 Fund | 22.47% |
Fidelity Simplicity RMD 2020 Fund | 18.92% |
Fidelity Simplicity RMD 2025 Fund | 15.92% |
Fidelity Simplicity RMD 2030 Fund | 27.94% |
Fidelity Simplicity RMD Income Fund | |
September 2022 | 6.53% |
October 2022 | 9.70% |
November 2022 | 9.70% |
December 2022 | 9.70% |
February 2023 | .05% |
March 2023 | .05% |
April 2023 | .05% |
May 2023 | .05% |
June 2023 | .05% |
July 2023 | .05% |
Fidelity Simplicity RMD 2010 Fund | |
September 2022 | 12.16% |
October 2022 | 15.72% |
November 2022 | 15.72% |
December 2022 | 15.72% |
February 2023 | .40% |
March 2023 | .40% |
April 2023 | .40% |
May 2023 | .40% |
June 2023 | .40% |
July 2023 | .40% |
Fidelity Simplicity RMD 2015 Fund | |
September 2022 | 16.53% |
October 2022 | 20.46% |
November 2022 | 20.46% |
December 2022 | 20.46% |
February 2023 | .28% |
March 2023 | .28% |
April 2023 | .28% |
May 2023 | .28% |
June 2023 | .28% |
July 2023 | .28% |
Fidelity Simplicity RMD 2020 Fund | |
September 2022 | 20.00% |
October 2022 | 25.75% |
November 2022 | 25.75% |
December 2022 | 25.75% |
February 2023 | 1.03% |
March 2023 | 1.03% |
April 2023 | 1.03% |
May 2023 | 1.03% |
June 2023 | 1.03% |
July 2023 | 1.03% |
Fidelity Simplicity RMD 2025 Fund | |
September 2022 | 15.41% |
October 2022 | 30.92% |
November 2022 | 30.92% |
December 2022 | 30.92% |
February 2023 | 1.48% |
March 2023 | 1.48% |
April 2023 | 1.48% |
May 2023 | 1.48% |
June 2023 | 1.48% |
July 2023 | 1.48% |
Fidelity Simplicity RMD 2030 Fund | |
April 2023 | 3.33% |
May 2023 | 3.33% |
June 2023 | 3.33% |
July 2023 | 3.33% |
Fidelity Simplicity RMD Income Fund | |
February 2023 | .77% |
March 2023 | .77% |
April 2023 | .77% |
May 2023 | .77% |
June 2023 | .77% |
July 2023 | .77% |
Fidelity Simplicity RMD 2010 Fund | |
February 2023 | 1.24% |
March 2023 | 1.24% |
April 2023 | 1.24% |
May 2023 | 1.24% |
June 2023 | 1.24% |
July 2023 | 1.24% |
Fidelity Simplicity RMD 2015 Fund | |
February 2023 | 1.81% |
March 2023 | 1.81% |
April 2023 | 1.81% |
May 2023 | 1.81% |
June 2023 | 1.81% |
July 2023 | 1.81% |
Fidelity Simplicity RMD 2020 Fund | |
February 2023 | 2.74% |
March 2023 | 2.74% |
April 2023 | 2.74% |
May 2023 | 2.74% |
June 2023 | 2.74% |
July 2023 | 2.74% |
Fidelity Simplicity RMD 2025 Fund | |
February 2023 | 3.56% |
March 2023 | 3.56% |
April 2023 | 3.56% |
May 2023 | 3.56% |
June 2023 | 3.56% |
July 2023 | 3.56% |
Fidelity Simplicity RMD 2030 Fund | |
April 2023 | .66% |
May 2023 | .66% |
June 2023 | .66% |
July 2023 | .66% |
Pay Date | Income | Taxes | |
Fidelity Simplicity RMD Income Fund | 12/30/22 | $0.1731 | $0.0199 |
Fidelity Simplicity RMD 2010 Fund | 12/30/22 | $0.2117 | $0.0238 |
Fidelity Simplicity RMD 2015 Fund | 12/30/22 | $0.2830 | $0.0314 |
Fidelity Simplicity RMD 2020 Fund | 12/30/22 | $0.3371 | $0.0371 |
Fidelity Simplicity RMD 2025 Fund | 12/30/22 | $0.0668 | $0.0073 |
Fidelity Simplicity RMD 2030 Fund | 12/30/22 | $0.0000 | $0.0000 |
Contents
Average Annual Total Returns | |||
Periods ended July 31, 2023 | Past 1 year | Past 5 years | Past 10 years |
Fidelity® GNMA Fund | -4.39% | -0.03% | 1.02% |
$10,000 Over 10 Years |
Let's say hypothetically that $10,000 was invested in Fidelity® GNMA Fund on July 31, 2013. The chart shows how the value of your investment would have changed, and also shows how the Bloomberg GNMA Index performed over the same period. |
Coupon Distribution (% of Fund's Investments) | ||
Zero coupon bonds | 0.5 | |
0.01 - 0.99% | 0.3 | |
1 - 1.99% | 1.1 | |
2 - 2.99% | 34.6 | |
3 - 3.99% | 25.8 | |
4 - 4.99% | 10.5 | |
5 - 5.99% | 9.2 | |
6 - 6.99% | 1.0 | |
7 - 7.99% | 0.1 | |
8 - 8.99% | 0.0 | |
Coupon distribution shows the range of stated interest rates on the fund's investments, excluding short-term investments. |
Asset Allocation (% of Fund's net assets) |
Short-Term Investments and Net Other Assets (Liabilities) - (19.8)% |
Futures and Swaps - 10.3% |
GNMA Securities - 98.8% |
Percentages in the above tables are adjusted for the effect of TBA Sale Commitments. |
U.S. Government and Government Agency Obligations - 6.4% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
U.S. Treasury Obligations - 6.4% | |||
U.S. Treasury Bonds: | |||
3.625% 2/15/53 | 15,277 | 14,248 | |
3.625% 5/15/53 | 5,680 | 5,306 | |
U.S. Treasury Notes: | |||
3.625% 5/15/26 | 9,520 | 9,283 | |
3.625% 5/31/28 | 13,390 | 13,070 | |
3.875% 3/31/25 | 32,870 | 32,238 | |
3.875% 1/15/26 | 10,640 | 10,438 | |
4% 2/15/26 | 19,800 | 19,489 | |
4.625% 2/28/25 | 13,300 | 13,200 | |
4.625% 3/15/26 | 30,280 | 30,284 | |
TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $150,230) | 147,556 | ||
U.S. Government Agency - Mortgage Securities - 111.9% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Fannie Mae - 4.2% | |||
12 month U.S. LIBOR + 1.460% 3.847% 1/1/35 (b)(c) | 33 | 33 | |
12 month U.S. LIBOR + 1.480% 5.73% 7/1/34 (b)(c) | 4 | 4 | |
12 month U.S. LIBOR + 1.530% 3.94% 3/1/36 (b)(c) | 37 | 37 | |
12 month U.S. LIBOR + 1.620% 3.963% 5/1/35 (b)(c) | 77 | 78 | |
12 month U.S. LIBOR + 1.620% 4.293% 3/1/33 (b)(c) | 31 | 31 | |
12 month U.S. LIBOR + 1.630% 4.575% 11/1/36 (b)(c) | 41 | 41 | |
12 month U.S. LIBOR + 1.640% 3.895% 6/1/47 (b)(c) | 53 | 54 | |
12 month U.S. LIBOR + 1.710% 3.857% 8/1/35 (b)(c) | 83 | 84 | |
12 month U.S. LIBOR + 1.890% 5.057% 8/1/35 (b)(c) | 64 | 65 | |
6 month U.S. LIBOR + 1.510% 6.193% 2/1/33 (b)(c) | 8 | 8 | |
6 month U.S. LIBOR + 1.530% 3.785% 12/1/34 (b)(c) | 9 | 9 | |
6 month U.S. LIBOR + 1.530% 3.844% 3/1/35 (b)(c) | 18 | 18 | |
6 month U.S. LIBOR + 1.550% 5.954% 9/1/33 (b)(c) | 124 | 126 | |
6 month U.S. LIBOR + 1.550% 5.984% 10/1/33 (b)(c) | 6 | 6 | |
6 month U.S. LIBOR + 1.560% 6.127% 7/1/35 (b)(c) | 6 | 6 | |
U.S. TREASURY 1 YEAR INDEX + 2.180% 4.487% 7/1/36 (b)(c) | 34 | 34 | |
U.S. TREASURY 1 YEAR INDEX + 2.280% 4.405% 10/1/33 (b)(c) | 14 | 14 | |
U.S. TREASURY 1 YEAR INDEX + 2.460% 4.585% 9/1/34 (b)(c) | 23 | 23 | |
U.S. TREASURY 1 YEAR INDEX + 2.460% 5.324% 7/1/34 (b)(c) | 147 | 149 | |
1.5% 1/1/51 to 8/1/51 | 11,303 | 8,687 | |
2% 2/1/28 to 2/1/37 | 14,020 | 12,505 | |
2.5% 1/1/28 to 11/1/41 | 13,124 | 11,884 | |
3% 2/1/33 to 3/1/52 | 3,510 | 3,207 | |
3.5% 1/1/52 to 4/1/52 | 14,980 | 13,594 | |
4.5% 9/1/52 to 11/1/52 | 4,456 | 4,269 | |
5% 10/1/52 to 12/1/52 | 7,192 | 7,099 | |
5.5% 11/1/52 to 7/1/53 | 23,642 | 23,594 | |
6% 11/1/52 to 6/1/53 | 10,849 | 11,042 | |
8.5% 12/1/27 | 8 | 8 | |
TOTAL FANNIE MAE | 96,709 | ||
Freddie Mac - 4.4% | |||
12 month U.S. LIBOR + 1.860% 4.11% 8/1/34 (b)(c) | 45 | 46 | |
12 month U.S. LIBOR + 1.860% 5.239% 4/1/36 (b)(c) | 49 | 50 | |
12 month U.S. LIBOR + 1.960% 5.711% 6/1/33 (b)(c) | 80 | 80 | |
12 month U.S. LIBOR + 2.030% 4.158% 3/1/33 (b)(c) | 1 | 1 | |
6 month U.S. LIBOR + 1.880% 4.488% 10/1/36 (b)(c) | 116 | 116 | |
6 month U.S. LIBOR + 1.990% 4.664% 10/1/35 (b)(c) | 63 | 63 | |
U.S. TREASURY 1 YEAR INDEX + 2.030% 4.858% 6/1/33 (b)(c) | 89 | 89 | |
U.S. TREASURY 1 YEAR INDEX + 2.230% 4.342% 12/1/35 (b)(c) | 380 | 384 | |
U.S. TREASURY 1 YEAR INDEX + 2.260% 5.195% 6/1/33 (b)(c) | 156 | 156 | |
U.S. TREASURY 1 YEAR INDEX + 2.430% 4.962% 3/1/35 (b)(c) | 306 | 310 | |
1.5% 1/1/51 to 4/1/51 | 22,846 | 17,550 | |
2% 3/1/36 to 1/1/37 | 3,383 | 2,999 | |
2.5% 1/1/28 to 4/1/42 | 6,758 | 6,015 | |
3% 2/1/34 to 3/1/52 | 5,109 | 4,797 | |
3.5% 9/1/51 to 3/1/52 | 15,491 | 14,103 | |
4.5% 9/1/52 (d)(e)(f) | 20,635 | 19,766 | |
5% 10/1/52 to 12/1/52 | 19,870 | 19,489 | |
5.5% 12/1/52 to 8/1/53 | 14,509 | 14,511 | |
6.5% 1/1/53 | 563 | 575 | |
TOTAL FREDDIE MAC | 101,100 | ||
Ginnie Mae - 98.8% | |||
3% 5/15/27 to 12/20/50 | 179,536 | 161,899 | |
3.5% 9/15/26 to 5/20/50 (d)(e) | 245,431 | 228,775 | |
3.7% 10/15/42 | 3,990 | 3,722 | |
4% 5/15/44 | 865 | 828 | |
4.5% 7/15/33 to 11/20/52 | 95,485 | 92,607 | |
4.75% 7/15/40 | 346 | 339 | |
4.875% 9/15/39 to 12/15/39 | 3,050 | 3,006 | |
5.09% 4/15/36 to 11/15/36 | 2,544 | 2,517 | |
5.15% 2/15/36 | 96 | 95 | |
5.2% 7/15/36 | 48 | 48 | |
5.25% 4/15/36 to 4/15/37 | 166 | 165 | |
5.39% 5/15/36 | 45 | 45 | |
5.45% 2/15/37 | 415 | 416 | |
5.5% 7/20/24 to 2/20/42 | 3,826 | 3,868 | |
5.6% 11/15/36 | 134 | 136 | |
5.85% 1/15/37 | 31 | 31 | |
6.45% 1/15/32 to 8/15/32 | 88 | 89 | |
6.5% 9/15/23 to 1/15/39 | 2,636 | 2,723 | |
7% to 7% 9/15/23 to 9/20/34 | 5,721 | 5,871 | |
7.25% 9/15/27 | 19 | 19 | |
7.5% to 7.5% 8/15/23 to 8/20/32 | 1,909 | 1,966 | |
8% 12/15/23 to 9/15/31 | 479 | 493 | |
8.5% 9/15/30 to 2/15/31 | 102 | 108 | |
9% 9/15/23 to 5/15/30 | 1 | 1 | |
2% 9/20/50 to 4/20/51 | 389,250 | 326,451 | |
2% 8/1/53 (g) | 43,950 | 36,738 | |
2% 8/1/53 (g) | 21,950 | 18,348 | |
2% 8/1/53 (g) | 8,750 | 7,314 | |
2% 8/1/53 (g) | 44,650 | 37,323 | |
2% 8/1/53 (g) | 29,300 | 24,492 | |
2% 8/1/53 (g) | 63,450 | 53,038 | |
2% 8/1/53 (g) | 20,875 | 17,450 | |
2% 8/1/53 (g) | 17,425 | 14,566 | |
2% 9/1/53 (g) | 65,400 | 54,735 | |
2% 9/1/53 (g) | 86,600 | 72,477 | |
2% 9/1/53 (g) | 14,950 | 12,512 | |
2.25% 5/20/50 | 1,893 | 1,586 | |
2.375% 5/20/50 | 1,371 | 1,158 | |
2.5% 3/15/28 to 10/20/52 | 372,147 | 322,826 | |
2.5% 8/1/53 (g) | 49,750 | 42,915 | |
2.5% 8/1/53 (g) | 99,450 | 85,786 | |
2.5% 8/1/53 (g) | 33,750 | 29,113 | |
2.5% 8/1/53 (g) | 19,300 | 16,648 | |
2.5% 8/1/53 (g) | 16,550 | 14,276 | |
2.5% 9/1/53 (g) | 49,850 | 43,044 | |
2.5% 9/1/53 (g) | 49,800 | 43,001 | |
2.625% 5/20/50 | 3,770 | 3,245 | |
2.75% 5/20/50 | 1,636 | 1,420 | |
3% 8/1/53 (g) | 97,750 | 87,007 | |
3% 8/1/53 (g) | 52,400 | 46,641 | |
3% 8/1/53 (g) | 65,150 | 57,990 | |
3% 8/1/53 (g) | 19,450 | 17,312 | |
3% 8/1/53 (g) | 25,950 | 23,098 | |
3.25% 2/20/41 to 7/20/46 | 867 | 759 | |
3.375% 5/20/50 | 452 | 411 | |
3.5% 8/1/53 (g) | 17,800 | 16,365 | |
3.5% 8/1/53 (g) | 3,300 | 3,034 | |
3.5% 8/1/53 (g) | 3,550 | 3,264 | |
3.5% 8/1/53 (g) | 2,700 | 2,482 | |
3.5% 8/1/53 (g) | 2,250 | 2,069 | |
3.5% 8/1/53 (g) | 4,000 | 3,678 | |
3.5% 9/1/53 (g) | 7,250 | 6,667 | |
3.74% 7/20/42 to 8/20/42 | 323 | 302 | |
3.75% 10/20/41 to 7/20/47 | 16,670 | 15,693 | |
4% 2/20/33 to 1/20/50 | 140,074 | 133,832 | |
4% 8/1/53 (g) | 8,050 | 7,584 | |
4.25% 1/20/46 | 295 | 285 | |
5% 6/20/29 to 7/20/48 | 42,116 | 41,887 | |
5.35% 4/20/29 to 12/20/30 | 3,595 | 3,566 | |
5.5% 8/1/53 (g) | 3,575 | 3,554 | |
5.5% 8/1/53 (g) | 4,125 | 4,101 | |
5.75% 9/20/39 to 9/20/40 | 5,876 | 6,008 | |
6% to 6% 12/20/23 to 3/15/39 | 5,532 | 5,621 | |
7.395% 7/20/25 to 2/20/27 | 98 | 99 | |
TOTAL GINNIE MAE | 2,283,538 | ||
Uniform Mortgage Backed Securities - 4.5% | |||
2.5% 8/1/53 (g) | 1,150 | 970 | |
2.5% 8/1/53 (g) | 775 | 653 | |
2.5% 8/1/53 (g) | 600 | 506 | |
5% 8/1/38 (g) | 2,300 | 2,285 | |
5% 8/1/38 (g) | 11,600 | 11,524 | |
5% 8/1/38 (g) | 6,625 | 6,582 | |
5% 8/1/38 (g) | 3,500 | 3,477 | |
5% 8/1/38 (g) | 3,475 | 3,452 | |
5% 9/1/38 (g) | 8,150 | 8,100 | |
5.5% 8/1/53 (g) | 17,750 | 17,632 | |
5.5% 8/1/53 (g) | 10,650 | 10,579 | |
5.5% 8/1/53 (g) | 8,750 | 8,692 | |
5.5% 8/1/53 (g) | 5,700 | 5,662 | |
5.5% 9/1/53 (g) | 17,600 | 17,485 | |
5.5% 9/1/53 (g) | 7,750 | 7,699 | |
TOTAL UNIFORM MORTGAGE BACKED SECURITIES | 105,298 | ||
TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES (Cost $2,704,926) | 2,586,645 | ||
Collateralized Mortgage Obligations - 13.4% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
U.S. Government Agency - 13.4% | |||
Fannie Mae: | |||
planned amortization class Series G93-32 Class PJ, 6.75% 9/25/23 | 5 | 5 | |
sequential payer: | |||
Series 2020-101 Class BA, 1.5% 9/25/45 | 2,096 | 1,756 | |
Series 2020-49 Class JA, 2% 8/25/44 | 912 | 810 | |
Series 2021-68 Class A, 2% 7/25/49 | 1,793 | 1,438 | |
Series 2021-85 Class L, 2.5% 8/25/48 | 977 | 849 | |
Series 2021-96 Class HA, 2.5% 2/25/50 | 1,622 | 1,416 | |
Series 2022-3 Class N, 2% 10/25/47 | 11,196 | 9,389 | |
Series 2022-4 Class B, 2.5% 5/25/49 | 1,179 | 1,027 | |
Series 2016-3 Class IP, 4% 2/25/46 (h) | 16,076 | 2,962 | |
Series 2016-78 Class IO, 3.5% 11/25/46 (h) | 4,125 | 656 | |
Series 2017-74 Class SH, 6.080% - U.S. 30-Day Avg. Secured Overnight Fin. Rate (SOFR) Index 1.0165% 10/25/47 (b)(h)(i) | 12,978 | 1,379 | |
Series 2021-59 Class H, 2% 6/25/48 | 1,012 | 831 | |
Series 2021-66: | |||
Class DA, 2% 1/25/48 | 1,093 | 901 | |
Class DM, 2% 1/25/48 | 1,162 | 957 | |
Fannie Mae Stripped Mortgage-Backed Securities: | |||
Series 331 Class 12, 6.5% 2/25/33 (b)(h) | 90 | 15 | |
Series 339 Class 5, 5.5% 7/25/33 (h) | 114 | 18 | |
Series 343 Class 16, 5.5% 5/25/34 (h) | 107 | 17 | |
Freddie Mac: | |||
planned amortization class: | |||
Series 2220 Class PD, 8% 3/15/30 | 198 | 205 | |
Series 40 Class K, 6.5% 8/17/24 | 3 | 3 | |
sequential payer: | |||
Series 2021-5175 Class CB, 2.5% 4/25/50 | 5,768 | 4,970 | |
Series 2021-5180 Class KA, 2.5% 10/25/47 | 1,167 | 1,027 | |
Series 2022-5191 Class CA, 2.5% 4/25/50 | 1,379 | 1,190 | |
Series 2022-5198 Class BA, 2.5% 11/25/47 | 3,867 | 3,393 | |
Series 2204 Class N, 7.5% 12/20/29 | 442 | 453 | |
Series 2018-4763 Class SC, 6.080% - U.S. 30-Day Avg. Secured Overnight Fin. Rate (SOFR) Index 1.0176% 8/15/47 (b)(h)(i) | 5,851 | 612 | |
Series 2021-5083 Class VA, 1% 8/15/38 | 5,111 | 4,716 | |
Series 2021-5176 Class AG, 2% 1/25/47 | 4,369 | 3,743 | |
Series 2021-5182 Class A, 2.5% 10/25/48 | 7,540 | 6,510 | |
Freddie Mac Multi-family Structured pass-thru certificates sequential payer Series 2021-5159 Class GC, 2% 11/25/47 | 937 | 803 | |
Ginnie Mae Series 2011-93 Class SA, 6.540% - CME Term SOFR 1 Month Index 1.291% 7/20/41 (b)(h)(i) | 6,889 | 805 | |
Ginnie Mae guaranteed REMIC pass-thru certificates: | |||
floater: | |||
Series 2007-37 Class TS, 6.570% - CME Term SOFR 1 Month Index 1.3539% 6/16/37 (b)(h)(i) | 597 | 56 | |
Series 2008-51 Class FE, CME Term SOFR 1 Month Index + 0.860% 6.0861% 6/16/38 (b)(c) | 156 | 155 | |
Series 2008-57 Class AF, CME Term SOFR 1 Month Index + 0.690% 5.9491% 7/20/38 (b)(c) | 400 | 396 | |
Series 2010-130 Class KF, CME Term SOFR 1 Month Index + 0.760% 5.9861% 10/16/40 (b)(c) | 744 | 738 | |
Series 2010-H03 Class FA, 1 month U.S. LIBOR + 0.550% 5.6984% 3/20/60 (b)(c)(j) | 6,068 | 6,042 | |
Series 2010-H17 Class FA, 1 month U.S. LIBOR + 0.330% 5.4784% 7/20/60 (b)(c)(j) | 6,112 | 6,063 | |
Series 2010-H18 Class AF, 1 month U.S. LIBOR + 0.300% 5.463% 9/20/60 (b)(c)(j) | 6,586 | 6,533 | |
Series 2010-H19 Class FG, 1 month U.S. LIBOR + 0.300% 5.463% 8/20/60 (b)(c)(j) | 5,237 | 5,194 | |
Series 2010-H27 Class FA, 1 month U.S. LIBOR + 0.380% 5.543% 12/20/60 (b)(c)(j) | 2,447 | 2,431 | |
Series 2011-H05 Class FA, 1 month U.S. LIBOR + 0.500% 5.663% 12/20/60 (b)(c)(j) | 2,166 | 2,156 | |
Series 2011-H07 Class FA, 1 month U.S. LIBOR + 0.500% 5.663% 2/20/61 (b)(c)(j) | 454 | 452 | |
Series 2011-H12 Class FA, 1 month U.S. LIBOR + 0.490% 5.653% 2/20/61 (b)(c)(j) | 2,883 | 2,868 | |
Series 2011-H13 Class FA, 1 month U.S. LIBOR + 0.500% 5.663% 4/20/61 (b)(c)(j) | 1,995 | 1,985 | |
Series 2011-H14: | |||
Class FB, 1 month U.S. LIBOR + 0.500% 5.663% 5/20/61 (b)(c)(j) | 3,145 | 3,132 | |
Class FC, 1 month U.S. LIBOR + 0.500% 5.663% 5/20/61 (b)(c)(j) | 2,350 | 2,338 | |
Series 2011-H17 Class FA, 1 month U.S. LIBOR + 0.530% 5.693% 6/20/61 (b)(c)(j) | 2,673 | 2,661 | |
Series 2011-H21 Class FA, 1 month U.S. LIBOR + 0.600% 5.763% 10/20/61 (b)(c)(j) | 3,064 | 3,053 | |
Series 2012-48 Class FA, CME Term SOFR 1 Month Index + 0.460% 5.6861% 4/16/42 (b)(c) | 290 | 283 | |
Series 2012-76 Class GF CME Term SOFR 1 Month Index + 0.410% 5.6361% 6/16/42 (b)(c) | 333 | 327 | |
Series 2012-H01 Class FA, 1 month U.S. LIBOR + 0.700% 5.863% 11/20/61 (b)(c)(j) | 3,033 | 3,024 | |
Series 2012-H03 Class FA, 1 month U.S. LIBOR + 0.700% 5.863% 1/20/62 (b)(c)(j) | 1,658 | 1,654 | |
Series 2012-H06 Class FA, 1 month U.S. LIBOR + 0.630% 5.793% 1/20/62 (b)(c)(j) | 3,010 | 2,999 | |
Series 2012-H07 Class FA, 1 month U.S. LIBOR + 0.630% 5.793% 3/20/62 (b)(c)(j) | 1,381 | 1,375 | |
Series 2012-H21 Class DF, 1 month U.S. LIBOR + 0.650% 4.8713% 5/20/61 (b)(c)(j) | 23 | 22 | |
Series 2015-H13 Class FL, 1 month U.S. LIBOR + 0.280% 4.9087% 5/20/63 (b)(c)(j) | 26 | 26 | |
Series 2015-H19 Class FA, 1 month U.S. LIBOR + 0.200% 4.9297% 4/20/63 (b)(c)(j) | 41 | 40 | |
Series 2016-12 Class FA, CME Term SOFR 1 Month Index + 0.460% 5.7191% 1/20/46 (b)(c) | 762 | 736 | |
Series 2019-42 Class FK, CME Term SOFR 1 Month Index + 0.560% 5.8191% 4/20/49 (b)(c) | 5,413 | 5,269 | |
planned amortization class: | |||
Series 2003-74 Class PZ, 5.5% 8/20/33 | 2,551 | 2,562 | |
Series 2004-19 Class DP, 5.5% 3/20/34 | 1 | 1 | |
Series 2005-24 Class TC, 5.5% 3/20/35 | 1,777 | 1,782 | |
Series 2005-57 Class PB, 5.5% 7/20/35 | 2,595 | 2,641 | |
Series 2006-50 Class JC, 5% 6/20/36 | 455 | 450 | |
Series 2010-158 Class MS, 9.770% - CME Term SOFR 1 Month Index 0% 12/20/40 (b)(i) | 2,189 | 1,737 | |
Series 2011-136 Class WI, 4.5% 5/20/40 (h) | 176 | 11 | |
Series 2015-24 Class PI, 3.5% 2/20/45 (h) | 8,467 | 1,284 | |
Series 2016-69 Class WA, 3% 2/20/46 | 1,020 | 929 | |
Series 2017-134 Class BA, 2.5% 11/20/46 | 435 | 386 | |
Series 2017-139 Class K, 3% 8/20/47 | 14,137 | 12,797 | |
Series 2017-153 Class GA, 3% 9/20/47 | 2,808 | 2,518 | |
Series 2017-182 Class KA, 3% 10/20/47 | 2,199 | 1,974 | |
Series 2018-13 Class Q, 3% 4/20/47 | 2,790 | 2,542 | |
sequential payer: | |||
Series 2003-75 Class ZA, 5.5% 9/20/33 | 779 | 770 | |
Series 2004-24 Class ZM, 5% 4/20/34 | 1,624 | 1,584 | |
Series 2004-46 Class BZ, 6% 6/20/34 | 986 | 989 | |
Series 2004-86 Class G, 6% 10/20/34 | 6,273 | 6,427 | |
Series 2005-26 Class ZA, 5.5% 1/20/35 | 7,374 | 7,475 | |
Series 2005-47 Class ZY, 6% 6/20/35 | 5,319 | 5,431 | |
Series 2005-6 Class EX, 5.5% 11/20/34 | 1,001 | 1,017 | |
Series 2005-82 Class JV, 5% 6/20/35 | 1,412 | 1,412 | |
Series 2006-2 Class Z, 5.5% 1/20/36 | 3,218 | 3,266 | |
Series 2010-160 Class DY, 4% 12/20/40 | 14,474 | 13,880 | |
Series 2010-168 Class BG, 4% 4/20/40 | 5,970 | 5,734 | |
Series 2010-170 Class B, 4% 12/20/40 | 2,282 | 2,189 | |
Series 2011-21 Class SB, 9.270% - CME Term SOFR 1 Month Index 0% 2/16/41 (b)(i) | 5,042 | 4,196 | |
Series 2011-72 Class SE, 7.250% - CME Term SOFR 1 Month Index 0.1986% 5/16/41 (b)(i) | 9,501 | 7,968 | |
Series 2017-139 Class BA, 3% 9/20/47 | 4,804 | 4,308 | |
Series 2018-H12 Class HA, 3.25% 8/20/68 (j) | 11,519 | 10,974 | |
Series 2004-32: | |||
Class GS, 6.380% - CME Term SOFR 1 Month Index 1.1639% 5/16/34 (b)(h)(i) | 191 | 12 | |
Class SG, 6.380% - CME Term SOFR 1 Month Index 1.131% 3/20/33 (b)(h)(i) | 2,344 | 110 | |
Series 2004-59 Class SC, 7.080% - CME Term SOFR 1 Month Index 1.8639% 8/16/34 (b)(h)(i) | 1,108 | 87 | |
Series 2004-73 Class AL, 7.080% - CME Term SOFR 1 Month Index 1.8639% 8/17/34 (b)(h)(i) | 338 | 34 | |
Series 2005-13 Class SA, 6.680% - CME Term SOFR 1 Month Index 1.431% 2/20/35 (b)(h)(i) | 1,880 | 138 | |
Series 2005-6 Class EY, 5.5% 11/20/33 | 1,016 | 1,006 | |
Series 2005-82 Class NS, 6.180% - CME Term SOFR 1 Month Index 0.931% 7/20/34 (b)(h)(i) | 1,912 | 158 | |
Series 2006-13 Class DS, 10.920% x CME Term SOFR 1 Month Index 3.0464% 3/20/36 (b)(c)(i) | 2,001 | 1,968 | |
Series 2007-35 Class SC, 39.510% x CME Term SOFR 1 Month Index 8.1833% 6/16/37 (b)(c)(i) | 424 | 469 | |
Series 2009-13 Class E, 4.5% 3/16/39 | 1,728 | 1,677 | |
Series 2009-42 Class AY, 5% 6/16/37 | 1,139 | 1,130 | |
Series 2010-14 Class SN, 5.830% - CME Term SOFR 1 Month Index 0.6139% 2/16/40 (b)(h)(i) | 1,317 | 66 | |
Series 2010-H10 Class FA, 1 month U.S. LIBOR + 0.330% 5.4784% 5/20/60 (b)(c)(j) | 3,778 | 3,750 | |
Series 2011-52 Class HI, 7% 4/16/41 (h) | 261 | 39 | |
Series 2011-54 Class SA, 5.880% - CME Term SOFR 1 Month Index 0.631% 4/20/41 (b)(h)(i) | 3,220 | 285 | |
Series 2012-103 Class IL, 3% 8/20/27 (h) | 6,341 | 233 | |
Series 2012-75 Class SA, 5.930% - CME Term SOFR 1 Month Index 0.681% 6/20/42 (b)(h)(i) | 6,334 | 619 | |
Series 2012-76 Class GS, 6.580% - CME Term SOFR 1 Month Index 1.3639% 6/16/42 (b)(h)(i) | 1,010 | 86 | |
Series 2013-149 Class MA, 2.5% 5/20/40 | 9,691 | 9,205 | |
Series 2013-182 Class IQ, 4.5% 12/16/43 (h) | 2,822 | 476 | |
Series 2013-39 Class GS, 9.270% - CME Term SOFR 1 Month Index 0% 3/20/41 (b)(i) | 12,748 | 10,618 | |
Series 2014-133 Class IB, 5% 9/20/44 (h) | 2,711 | 523 | |
Series 2014-146 Class EI, 5% 10/20/44 (h) | 5,166 | 1,041 | |
Series 2014-154 Class IO, 5% 10/20/44 (h) | 1,047 | 208 | |
Series 2014-158 Class ID, 5% 10/20/44 (h) | 4,534 | 911 | |
Series 2014-178 Class IO, 5% 11/20/44 (h) | 6,480 | 1,277 | |
Series 2014-2 Class BA, 3% 1/20/44 | 3,481 | 3,136 | |
Series 2014-21 Class HA, 3% 2/20/44 | 1,285 | 1,161 | |
Series 2014-25 Class HC, 3% 2/20/44 | 2,189 | 1,968 | |
Series 2014-5 Class A, 3% 1/20/44 | 1,857 | 1,675 | |
Series 2015-117 Class KI, 5% 8/20/45 (h) | 6,194 | 1,203 | |
Series 2015-14 Class IO, 5% 10/20/44 (h) | 7,017 | 1,371 | |
Series 2015-79 Class IC, 5% 5/20/45 (h) | 3,376 | 657 | |
Series 2015-H21: | |||
Class HZ, 4.281% 6/20/63 (b)(j) | 449 | 436 | |
Class JZ, 4.5941% 6/20/65 (b)(j) | 174 | 170 | |
Series 2016-146 Class AL, 5.6986% 5/20/40 (b) | 2,108 | 2,119 | |
Series 2016-17 Class A, 3% 2/16/46 | 13,907 | 12,648 | |
Series 2016-171 Class BI, 5% 10/20/44 (h) | 6,301 | 1,247 | |
Series 2017-186 Class HK, 3% 11/16/45 | 6,565 | 5,911 | |
Series 2017-75 Class PT, 5.7321% 4/20/47 (b) | 7,752 | 7,769 | |
Series 2017-H06 Class FA, U.S. TREASURY 1 YEAR INDEX + 0.350% 5.5% 8/20/66 (b)(c)(j) | 7,546 | 7,510 | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $342,076) | 309,205 | ||
Commercial Mortgage Securities - 1.2% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Freddie Mac: | |||
sequential payer: | |||
Series 2015-K049 Class A2, 3.01% 7/25/25 | 213 | 204 | |
Series 2015-K051 Class A2, 3.308% 9/25/25 | 337 | 324 | |
Series 2021-K126 Class A2, 2.074% 1/25/31 | 2,700 | 2,261 | |
Series 2021-K127 Class A2, 2.108% 1/25/31 | 4,000 | 3,354 | |
Series 2022-150 Class A2, 3.71% 9/25/32 | 1,800 | 1,674 | |
Series 2022-K140 Class A2, 2.25% 1/25/32 | 3,629 | 3,020 | |
Series 2022-K750 Class A2, 3% 9/25/29 | 5,736 | 5,240 | |
Series 2017-K727 Class A2, 2.946% 7/25/24 | 3,986 | 3,893 | |
Series 2022 K748 Class A2, 2.26% 1/25/29 | 5,200 | 4,597 | |
Series K063 Class A2, 3.43% 1/25/27 | 3,300 | 3,145 | |
Ginnie Mae guaranteed Multi-family REMIC pass-thru securities sequential payer Series 2001-58 Class X, 0.4902% 9/16/41 (b)(h) | 264 | 0 | |
Ginnie Mae guaranteed REMIC pass-thru certificates: | |||
sequential payer Series 2002-81 Class IO, 0.9708% 9/16/42 (b)(h) | 1,345 | 23 | |
Series 2002-62 Class IO, 1.1703% 8/16/42 (b)(h) | 596 | 7 | |
TOTAL COMMERCIAL MORTGAGE SECURITIES (Cost $34,956) | 27,742 | ||
Money Market Funds - 11.3% | |||
Shares | Value ($) (000s) | ||
Fidelity Cash Central Fund 5.32% (k) (Cost $260,948) | 260,895,764 | 260,948 | |
TOTAL INVESTMENT IN SECURITIES - 144.2% (Cost $3,493,136) | 3,332,096 |
NET OTHER ASSETS (LIABILITIES) - (44.2)% | (1,021,237) |
NET ASSETS - 100.0% | 2,310,859 |
TBA Sale Commitments | ||
Principal Amount (a) (000s) | Value ($) (000s) | |
Ginnie Mae | ||
2% 8/1/53 | (65,400) | (54,668) |
2% 8/1/53 | (86,600) | (72,389) |
2% 8/1/53 | (14,950) | (12,497) |
2.5% 8/1/53 | (49,850) | (43,000) |
2.5% 8/1/53 | (49,800) | (42,957) |
3.5% 8/1/53 | (5,200) | (4,781) |
3.5% 8/1/53 | (7,250) | (6,666) |
TOTAL GINNIE MAE | (236,958) | |
Uniform Mortgage Backed Securities | ||
2.5% 8/1/53 | (2,525) | (2,129) |
3.5% 8/1/53 | (9,425) | (8,544) |
4.5% 8/1/53 | (4,000) | (3,831) |
5% 8/1/38 | (5,700) | (5,663) |
5% 8/1/38 | (8,150) | (8,097) |
5% 8/1/53 | (4,750) | (4,642) |
5.5% 8/1/53 | (17,600) | (17,483) |
5.5% 8/1/53 | (7,750) | (7,699) |
5.5% 8/1/53 | (800) | (795) |
5.5% 8/1/53 | (3,000) | (2,980) |
5.5% 8/1/53 | (750) | (745) |
5.5% 8/1/53 | (3,200) | (3,179) |
TOTAL UNIFORM MORTGAGE BACKED SECURITIES | (65,787) | |
TOTAL TBA SALE COMMITMENTS (Proceeds $303,625) | (302,745) |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) (000s) | Value ($) (000s) | Unrealized Appreciation/ (Depreciation) ($) (000s) | |
Purchased | |||||
Treasury Contracts | |||||
CBOT 2-Year U.S. Treasury Note Contracts (United States) | 260 | Sep 2023 | 52,788 | (506) | (506) |
CBOT Ultra Long Term U.S. Treasury Bond Contracts (United States) | 5 | Sep 2023 | 661 | (12) | (12) |
TOTAL PURCHASED | (518) | ||||
Sold | |||||
Treasury Contracts | |||||
CBOT 10-Year U.S. Treasury Note Contracts (United States) | 2,007 | Sep 2023 | 223,592 | 5,553 | 5,553 |
CBOT 5-Year U.S. Treasury Note Contracts (United States) | 25 | Sep 2023 | 2,671 | 9 | 9 |
CBOT Long Term U.S. Treasury Bond Contracts (United States) | 456 | Sep 2023 | 56,744 | 1,301 | 1,301 |
TOTAL SOLD | 6,863 | ||||
TOTAL FUTURES CONTRACTS | 6,345 | ||||
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 12.3% |
Interest Rate Swaps | ||||||||||
Payment Received | Payment Frequency | Payment Paid | Payment Frequency | Clearinghouse / Counterparty(1) | Maturity Date | Notional Amount (000s)(2) | Value ($) (000s) | Upfront Premium Received/ (Paid) ($) (000s)(3) | Unrealized Appreciation/ (Depreciation) ($) (000s) | |
3.75% | Annual | U.S. Secured Overnight Fin. Rate (SOFR) Index(4) | Annual | LCH | Sep 2028 | 3,512 | (51) | 0 | (51) | |
3.5% | Annual | U.S. Secured Overnight Fin. Rate (SOFR) Index(4) | Annual | LCH | Sep 2033 | 1,338 | (25) | 0 | (25) | |
3.25% | Annual | U.S. Secured Overnight Fin. Rate (SOFR) Index(4) | Annual | LCH | Sep 2053 | 3,709 | (101) | 0 | (101) | |
TOTAL INTEREST RATE SWAPS | (177) | 0 | (177) |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(d) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $6,082,000. |
(e) | Security or a portion of the security was pledged to cover margin requirements for centrally cleared OTC swaps. At period end, the value of securities pledged amounted to $553,000. |
(f) | Security or a portion of the security has been segregated as collateral for mortgage-backed or asset-backed securities purchased on a delayed delivery or when-issued basis. At period end, the value of securities pledged amounted to $2,167,000. |
(g) | Security or a portion of the security purchased on a delayed delivery or when-issued basis. |
(h) | Interest Only (IO) security represents the right to receive only monthly interest payments on an underlying pool of mortgages or assets. Principal shown is the outstanding par amount of the pool as of the end of the period. |
(i) | Coupon is inversely indexed to a floating interest rate multiplied by a specified factor. The price may be considerably more volatile than the price of a comparable fixed rate security. |
(j) | Represents an investment in an underlying pool of reverse mortgages which typically do not require regular principal and interest payments as repayment is deferred until a maturity event. |
(k) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Affiliate (Amounts in thousands) | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.32% | 877,434 | 767,588 | 1,384,074 | 21,726 | - | - | 260,948 | 0.6% |
Fidelity Securities Lending Cash Central Fund 5.32% | - | 147,880 | 147,880 | 10 | - | - | - | 0.0% |
Total | 877,434 | 915,468 | 1,531,954 | 21,736 | - | - | 260,948 | |
Valuation Inputs at Reporting Date: | ||||
Description (Amounts in thousands) | Total ($) | Level 1 ($) | Level 2 ($) | Level 3 ($) |
Investments in Securities: | ||||
U.S. Government and Government Agency Obligations | 147,556 | - | 147,556 | - |
U.S. Government Agency - Mortgage Securities | 2,586,645 | - | 2,586,645 | - |
Collateralized Mortgage Obligations | 309,205 | - | 309,205 | - |
Commercial Mortgage Securities | 27,742 | - | 27,742 | - |
Money Market Funds | 260,948 | 260,948 | - | - |
Total Investments in Securities: | 3,332,096 | 260,948 | 3,071,148 | - |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | 6,863 | 6,863 | - | - |
Total Assets | 6,863 | 6,863 | - | - |
Liabilities | ||||
Futures Contracts | (518) | (518) | - | - |
Swaps | (177) | - | (177) | - |
Total Liabilities | (695) | (518) | (177) | - |
Total Derivative Instruments: | 6,168 | 6,345 | (177) | - |
Other Financial Instruments: | ||||
TBA Sale Commitments | (302,745) | - | (302,745) | - |
Total Other Financial Instruments: | (302,745) | - | (302,745) | - |
Primary Risk Exposure / Derivative Type | Value | |
(Amounts in thousands) | Asset ($) | Liability ($) |
Interest Rate Risk | ||
Futures Contracts (a) | 6,863 | (518) |
Total Interest Rate Risk | 6,863 | (518) |
Other Risk | ||
Swaps (b) | 0 | (177) |
Total Other Risk | 0 | (177) |
Total Value of Derivatives | 6,863 | (695) |
Statement of Assets and Liabilities | ||||
Amounts in thousands (except per-share amount) | July 31, 2023 | |||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $3,232,188) | $ | 3,071,148 | ||
Fidelity Central Funds (cost $260,948) | 260,948 | |||
Total Investment in Securities (cost $3,493,136) | $ | 3,332,096 | ||
Receivable for investments sold | 73 | |||
Receivable for TBA sale commitments | 303,625 | |||
Receivable for fund shares sold | 592 | |||
Interest receivable | 7,671 | |||
Distributions receivable from Fidelity Central Funds | 1,183 | |||
Receivable for daily variation margin on centrally cleared OTC swaps | 19 | |||
Other receivables | 6 | |||
Total assets | 3,645,265 | |||
Liabilities | ||||
Payable for investments purchased | ||||
Regular delivery | $ | 11,491 | ||
Delayed delivery | 1,015,893 | |||
TBA sale commitments, at value | 302,745 | |||
Payable for fund shares redeemed | 2,408 | |||
Distributions payable | 799 | |||
Accrued management fee | 573 | |||
Payable for daily variation margin on futures contracts | 193 | |||
Other affiliated payables | 297 | |||
Other payables and accrued expenses | 7 | |||
Total Liabilities | 1,334,406 | |||
Net Assets | $ | 2,310,859 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 2,721,493 | ||
Total accumulated earnings (loss) | (410,634) | |||
Net Assets | $ | 2,310,859 | ||
Net Asset Value, offering price and redemption price per share ($2,310,859 ÷ 229,678 shares) | $ | 10.06 |
Statement of Operations | ||||
Amounts in thousands | Year ended July 31, 2023 | |||
Investment Income | ||||
Interest | $ | 70,376 | ||
Income from Fidelity Central Funds (including $10 from security lending) | 21,736 | |||
Total Income | 92,112 | |||
Expenses | ||||
Management fee | $ | 7,515 | ||
Transfer agent fees | 2,525 | |||
Fund wide operations fee | 1,314 | |||
Independent trustees' fees and expenses | 10 | |||
Total expenses before reductions | 11,364 | |||
Expense reductions | (5) | |||
Total expenses after reductions | 11,359 | |||
Net Investment income (loss) | 80,753 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (95,271) | |||
Futures contracts | 14,717 | |||
Swaps | (252) | |||
Total net realized gain (loss) | (80,806) | |||
Change in net unrealized appreciation (depreciation) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (146,471) | |||
Futures contracts | 10,436 | |||
Swaps | (1,981) | |||
TBA Sale commitments | 7,969 | |||
Total change in net unrealized appreciation (depreciation) | (130,047) | |||
Net gain (loss) | (210,853) | |||
Net increase (decrease) in net assets resulting from operations | $ | (130,100) |
Statement of Changes in Net Assets | ||||
Amount in thousands | Year ended July 31, 2023 | Year ended July 31, 2022 | ||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 80,753 | $ | 34,502 |
Net realized gain (loss) | (80,806) | (156,978) | ||
Change in net unrealized appreciation (depreciation) | (130,047) | (98,381) | ||
Net increase (decrease) in net assets resulting from operations | (130,100) | (220,857) | ||
Distributions to shareholders | (79,236) | (43,898) | ||
Share transactions | ||||
Proceeds from sales of shares | 189,947 | 252,722 | ||
Reinvestment of distributions | 70,547 | 39,254 | ||
Cost of shares redeemed | (633,058) | (1,092,057) | ||
Net increase (decrease) in net assets resulting from share transactions | (372,564) | (800,081) | ||
Total increase (decrease) in net assets | (581,900) | (1,064,836) | ||
Net Assets | ||||
Beginning of period | 2,892,759 | 3,957,595 | ||
End of period | $ | 2,310,859 | $ | 2,892,759 |
Other Information | ||||
Shares | ||||
Sold | 18,607 | 22,670 | ||
Issued in reinvestment of distributions | 6,944 | 3,488 | ||
Redeemed | (62,311) | (97,015) | ||
Net increase (decrease) | (36,760) | (70,857) | ||
Fidelity® GNMA Fund |
Years ended July 31, | 2023 | 2022 | 2021 | 2020 | 2019 | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 10.86 | $ | 11.73 | $ | 11.80 | $ | 11.51 | $ | 11.12 |
Income from Investment Operations | ||||||||||
Net investment income (loss) A,B | .326 | .116 | .097 | .229 | .292 | |||||
Net realized and unrealized gain (loss) | (.823) | (.838) | (.065) | .307 | .371 | |||||
Total from investment operations | (.497) | (.722) | .032 | .536 | .663 | |||||
Distributions from net investment income | (.303) | (.121) | (.093) C | (.246) | (.273) | |||||
Distributions from net realized gain | - | (.027) | (.009) C | - | - | |||||
Total distributions | (.303) | (.148) | (.102) | (.246) | (.273) | |||||
Net asset value, end of period | $ | 10.06 | $ | 10.86 | $ | 11.73 | $ | 11.80 | $ | 11.51 |
Total Return D | (4.39)% | (6.19)% | .27% | 4.71% | 6.04% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .45% | .45% | .45% | .45% | .45% | |||||
Expenses net of fee waivers, if any | .45% | .45% | .45% | .45% | .45% | |||||
Expenses net of all reductions | .45% | .45% | .45% | .45% | .45% | |||||
Net investment income (loss) | 3.20% | 1.03% | .83% | 1.96% | 2.60% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 2,311 | $ | 2,893 | $ | 3,958 | $ | 4,303 | $ | 4,172 |
Portfolio turnover rate G | 776% | 863% | 593% | 561% | 420% |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Fidelity GNMA Fund | $5 |
Gross unrealized appreciation | $4,752 |
Gross unrealized depreciation | (177,383) |
Net unrealized appreciation (depreciation) | $(172,631) |
Tax Cost | $3,505,449 |
Capital loss carryforward | $(237,320) |
Net unrealized appreciation (depreciation) on securities and other investments | $(172,631) |
Short-term | $(237,320) |
Total capital loss carryforward | $(237,320) |
July 31, 2023 | July 31, 2022 | |
Ordinary Income | $79,236 | $40,216 |
Long-term Capital Gains | - | 3,682 |
Total | $79,236 | $43,898 |
Interest Rate Risk | Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates. |
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss)($) | Change in Net Unrealized Appreciation (Depreciation)($) |
Fidelity GNMA Fund | ||
Interest Rate Risk | ||
Futures Contracts | $14,717 | $10,436 |
Swaps | (252) | (1,981) |
Total Interest Rate Risk | 14,465 | 8,455 |
Totals | $14,465 | $8,455 |
Purchases ($) | Sales ($) | |
Fidelity GNMA Fund | 3,976,808 | 4,008,585 |
Fidelity GNMA Fund | .05% |
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 GNMA Fund | $1 | $ - | $- |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (February 1, 2023 to July 31, 2023). |
Annualized Expense Ratio- A | Beginning Account Value February 1, 2023 | Ending Account Value July 31, 2023 | Expenses Paid During Period- C February 1, 2023 to July 31, 2023 | |||||||
Fidelity® GNMA Fund | .45% | |||||||||
Actual | $ 1,000 | $ 987.30 | $ 2.22 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.56 | $ 2.26 | |||||||
Item 2.
Code of Ethics
As of the end of the period, July 31, 2023, Fidelity Income Fund (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 Managed Retirement 2010 Fund, Fidelity Managed Retirement 2015 Fund, Fidelity Managed Retirement 2020 Fund, Fidelity Managed Retirement 2025 Fund, Fidelity Managed Retirement 2030 Fund, Fidelity Managed Retirement 2035 Fund, Fidelity Managed Retirement Income Fund, Fidelity Simplicity RMD 2010 Fund, Fidelity Simplicity RMD 2015 Fund, Fidelity Simplicity RMD 2020 Fund, Fidelity Simplicity RMD 2025 Fund, Fidelity Simplicity RMD 2030 Fund, and Fidelity Simplicity RMD Income Fund (the “Funds”):
Services Billed by Deloitte Entities
July 31, 2023 FeesA,B
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
|
|
|
|
|
Fidelity Managed Retirement 2010 Fund | $22,600 | $- | $7,500 | $600 |
Fidelity Managed Retirement 2015 Fund | $22,600 | $- | $7,500 | $600 |
Fidelity Managed Retirement 2020 Fund | $22,600 | $- | $7,500 | $600 |
Fidelity Managed Retirement 2025 Fund | $22,600 | $- | $7,500 | $600 |
Fidelity Managed Retirement 2030 Fund | $21,400 | $- | $8,000 | $600 |
Fidelity Managed Retirement 2035 Fund | $16,900 | $- | $7,500 | $300 |
Fidelity Managed Retirement Income Fund | $22,600 | $- | $7,500 | $600 |
Fidelity Simplicity RMD 2010 Fund | $16,400 | $- | $7,500 | $500 |
Fidelity Simplicity RMD 2015 Fund | $16,400 | $- | $7,500 | $500 |
Fidelity Simplicity RMD 2020 Fund | $16,400 | $- | $7,500 | $500 |
Fidelity Simplicity RMD 2025 Fund | $18,100 | $- | $7,500 | $500 |
Fidelity Simplicity RMD 2030 Fund | $13,800 | $- | $7,800 | $300 |
Fidelity Simplicity RMD Income Fund | $16,400 | $- | $7,500 | $500 |
July 31, 2022 Fees,A,B
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
|
|
|
|
|
Fidelity Managed Retirement 2010 Fund | $20,900 | $- | $7,100 | $500 |
Fidelity Managed Retirement 2015 Fund | $20,900 | $- | $7,100 | $500 |
Fidelity Managed Retirement 2020 Fund | $20,900 | $- | $7,100 | $500 |
Fidelity Managed Retirement 2025 Fund | $20,900 | $- | $7,100 | $500 |
Fidelity Managed Retirement 2030 Fund | $19,700 | $- | $7,100 | $500 |
Fidelity Managed Retirement 2035 Fund | $- | $- | $- | $- |
Fidelity Managed Retirement Income Fund | $20,900 | $- | $7,100 | $500 |
Fidelity Simplicity RMD 2010 Fund | $14,800 | $- | $7,100 | $400 |
Fidelity Simplicity RMD 2015 Fund | $14,800 | $- | $7,100 | $400 |
Fidelity Simplicity RMD 2020 Fund | $14,800 | $- | $7,100 | $400 |
Fidelity Simplicity RMD 2025 Fund | $16,300 | $- | $7,300 | $500 |
Fidelity Simplicity RMD 2030 Fund | $- | $- | $- | $- |
Fidelity Simplicity RMD Income Fund | $14,800 | $- | $7,100 | $400 |
A Amounts may reflect rounding.
B Fidelity Managed Retirement 2035 Fund and Fidelity Simplicity RMD 2030 Fund commenced operations on December 15, 2022.
The following table presents fees billed by PricewaterhouseCoopers LLP (“PwC”) in each of the last two fiscal years for services rendered to Fidelity GNMA Fund (the “Fund”):
Services Billed by PwC
July 31, 2023 FeesA
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
Fidelity GNMA Fund | $96,500 | $8,000 | $14,100 | $3,400 |
July 31, 2022 FeesA
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
Fidelity GNMA Fund | $91,900 | $7,800 | $13,500 | $3,400 |
A Amounts may reflect rounding.
The following table(s) present(s) fees billed by Deloitte Entities and PwC that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Fund(s) and that are rendered on behalf of Fidelity Management & Research Company LLC ("FMR") and entities controlling, controlled by, or under common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Fund(s) (“Fund Service Providers”):
Services Billed by Deloitte Entities
| July 31, 2023A,B | July 31, 2022A,B |
Audit-Related Fees | $- | $- |
Tax Fees | $- | $- |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
B May include amounts billed prior to the Fidelity Managed Retirement 2035 Fund and Fidelity Simplicity RMD 2030 Fund’s commencement of operations.
Services Billed by PwC
| July 31, 2023A | July 31, 2022A |
Audit-Related Fees | $8,284,200 | $7,914,600 |
Tax Fees | $1,000 | $353,200 |
All Other Fees | $- | $- |
A Amounts may reflect rounding
“Audit-Related Fees” represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.
“Tax Fees” represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.
“All Other Fees” represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.
Assurance services must be performed by an independent public accountant.
* * *
The aggregate non-audit fees billed by Deloitte Entities and PwC for services rendered to the Fund(s), FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any Fund Service Provider for each of the last two fiscal years of the Fund(s) are as follows:
Billed By | July 31, 2023A,B | July 31, 2022A,B |
Deloitte Entities | $347,600 | $541,000 |
PwC | $13,613,300 | $13,259,900 |
|
|
|
A Amounts may reflect rounding.
B May include amounts billed prior to the Fidelity Managed Retirement 2035 Fund and Fidelity Simplicity RMD 2030 Fund’s 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 Income Fund
By: | /s/Laura M. Del Prato |
| Laura M. Del Prato |
| President and Treasurer |
|
|
Date: | September 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: | September 21, 2023 |
By: | /s/John J. Burke III |
| John J. Burke III |
| Chief Financial Officer |
|
|
Date: | September 21, 2023 |