U.S. Treasury Bills, yield at date of purchase 5.3% to 5.33% 7/25/24 to 9/26/24 (b)
(Cost $2,738,955)
2,750,000
2,739,001
Domestic Equity Funds - 52.7%
Shares
Value ($)
Fidelity Advisor Series Equity Growth Fund (c)
8,130,052
156,015,702
Fidelity Advisor Series Growth Opportunities Fund (c)
6,872,577
110,167,409
Fidelity Advisor Series Small Cap Fund (c)
4,039,044
52,346,007
Fidelity Series All-Sector Equity Fund (c)
4,244,267
52,246,923
Fidelity Series Commodity Strategy Fund (c)
173,806
16,906,102
Fidelity Series Large Cap Stock Fund (c)
9,123,871
209,301,592
Fidelity Series Large Cap Value Index Fund (c)
1,319,705
20,679,777
Fidelity Series Opportunistic Insights Fund (c)
5,253,787
125,512,961
Fidelity Series Small Cap Core Fund (c)
530,489
6,111,229
Fidelity Series Small Cap Opportunities Fund (c)
4,511,245
67,398,007
Fidelity Series Stock Selector Large Cap Value Fund (c)
8,887,082
121,930,763
Fidelity Series Value Discovery Fund (c)
8,160,813
124,860,437
TOTAL DOMESTIC EQUITY FUNDS
(Cost $727,793,757)
1,063,476,909
International Equity Funds - 41.4%
Shares
Value ($)
Fidelity Series Canada Fund (c)
3,660,165
55,231,889
Fidelity Series Emerging Markets Fund (c)
5,881,983
54,173,067
Fidelity Series Emerging Markets Opportunities Fund (c)
11,583,653
217,888,523
Fidelity Series International Growth Fund (c)
8,689,981
159,200,447
Fidelity Series International Small Cap Fund (c)
1,681,514
28,669,819
Fidelity Series International Value Fund (c)
12,698,464
160,508,579
Fidelity Series Overseas Fund (c)
11,379,154
160,104,694
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $654,159,371)
835,777,018
Bond Funds - 5.7%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
97,548
944,267
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
127,245
970,877
Fidelity Series Emerging Markets Debt Fund (c)
1,291,966
10,090,252
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
354,820
3,140,156
Fidelity Series Floating Rate High Income Fund (c)
214,396
1,925,278
Fidelity Series High Income Fund (c)
1,227,342
10,334,221
Fidelity Series International Credit Fund (c)
87,462
709,320
Fidelity Series Long-Term Treasury Bond Index Fund (c)
15,620,156
85,754,658
Fidelity Series Real Estate Income Fund (c)
199,618
1,934,300
TOTAL BOND FUNDS
(Cost $147,446,361)
115,803,329
Short-Term Funds - 0.2%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
(Cost $3,754,427)
3,753,677
3,754,427
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $1,535,892,871)
2,021,550,684
NET OTHER ASSETS (LIABILITIES) - (0.1)%
(1,629,699)
NET ASSETS - 100.0%
2,019,920,985
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI EAFE Index Contracts (United States)
22
Sep 2024
2,577,520
1,693
1,693
ICE MSCI Emerging Markets Index Contracts (United States)
125
Sep 2024
6,801,250
11,763
11,763
TOTAL EQUITY INDEX CONTRACTS
13,456
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
679
Sep 2024
74,679,391
465,138
465,138
CBOT 5-Year U.S. Treasury Note Contracts (United States)
379
Sep 2024
40,393,109
187,686
187,686
CBOT Long Term U.S. Treasury Bond Contracts (United States)
75
Sep 2024
8,873,438
76,264
76,264
TOTAL TREASURY CONTRACTS
729,088
TOTAL PURCHASED
742,544
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
68
Sep 2024
18,773,100
(32,594)
(32,594)
TOTAL FUTURES CONTRACTS
709,950
The notional amount of futures purchased as a percentage of Net Assets is 6.5%
The notional amount of futures sold as a percentage of Net Assets is 0.9%
Legend
(a)
Amount is stated in United States dollars unless otherwise noted.
(b)
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 $2,739,001.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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 5.38%
2,064,823
12,450,593
10,760,956
33,522
(33)
-
3,754,427
0.0%
Total
2,064,823
12,450,593
10,760,956
33,522
(33)
-
3,754,427
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur. If an Underlying Funds changes its name, the name presented below is the name in effect 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 Advisor Series Equity Growth Fund
155,715,310
2,628,847
12,013,067
-
1,842,405
7,842,207
156,015,702
Fidelity Advisor Series Growth Opportunities Fund
109,748,161
1,750,111
10,171,743
-
1,578,965
7,261,915
110,167,409
Fidelity Advisor Series Small Cap Fund
53,654,620
1,375,246
2,095,347
-
261,406
(849,918)
52,346,007
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
953,957
11,435
33,820
500
149
12,546
944,267
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
990,271
11,326
33,999
391
(3,982)
7,261
970,877
Fidelity Series All-Sector Equity Fund
51,546,174
554,272
1,971,074
-
284,556
1,832,995
52,246,923
Fidelity Series Canada Fund
56,691,036
2,100,974
2,683,666
-
416,202
(1,292,657)
55,231,889
Fidelity Series Commodity Strategy Fund
13,424,469
3,883,829
758,849
-
(4,424)
361,077
16,906,102
Fidelity Series Emerging Markets Debt Fund
10,251,083
271,497
364,633
151,155
13,916
(81,611)
10,090,252
Fidelity Series Emerging Markets Debt Local Currency Fund
3,263,831
30,619
103,036
-
(2,045)
(49,213)
3,140,156
Fidelity Series Emerging Markets Fund
53,342,213
591,186
2,381,499
-
116,305
2,504,862
54,173,067
Fidelity Series Emerging Markets Opportunities Fund
215,364,605
3,804,425
12,384,831
-
439,075
10,665,249
217,888,523
Fidelity Series Floating Rate High Income Fund
1,942,833
65,537
68,080
43,667
657
(15,669)
1,925,278
Fidelity Series Government Money Market Fund 5.42%
29,135
-
29,135
47
-
-
-
Fidelity Series High Income Fund
10,471,045
279,731
364,464
161,632
5,610
(57,701)
10,334,221
Fidelity Series International Credit Fund
715,661
9,560
11,382
9,560
589
(5,108)
709,320
Fidelity Series International Growth Fund
161,159,363
5,927,628
5,166,719
-
1,230,209
(3,950,034)
159,200,447
Fidelity Series International Small Cap Fund
30,160,398
327,916
1,014,413
-
230,882
(1,034,964)
28,669,819
Fidelity Series International Value Fund
162,488,728
5,020,230
7,526,972
-
1,175,248
(648,655)
160,508,579
Fidelity Series Large Cap Stock Fund
209,162,167
3,055,345
12,274,456
-
2,441,103
6,917,433
209,301,592
Fidelity Series Large Cap Value Index Fund
20,577,590
1,246,925
691,303
-
107,778
(561,213)
20,679,777
Fidelity Series Long-Term Treasury Bond Index Fund
97,544,507
4,631,483
13,989,486
763,316
(5,857,201)
3,425,355
85,754,658
Fidelity Series Opportunistic Insights Fund
123,422,217
2,700,390
8,783,265
-
1,576,286
6,597,333
125,512,961
Fidelity Series Overseas Fund
161,586,341
4,374,878
5,700,276
-
930,223
(1,086,472)
160,104,694
Fidelity Series Real Estate Income Fund
1,948,548
51,966
67,921
30,096
3,549
(1,842)
1,934,300
Fidelity Series Short-Term Credit Fund
109,076
-
108,523
125
2,459
(3,012)
-
Fidelity Series Small Cap Core Fund
6,284,337
72,364
93,664
29,035
10,147
(161,955)
6,111,229
Fidelity Series Small Cap Opportunities Fund
67,952,477
3,242,580
2,215,505
-
693,953
(2,275,498)
67,398,007
Fidelity Series Stock Selector Large Cap Value Fund
121,814,847
6,852,641
3,883,079
-
497,850
(3,351,496)
121,930,763
Fidelity Series Value Discovery Fund
124,608,618
8,500,075
3,994,559
-
549,406
(4,803,103)
124,860,437
2,026,923,618
63,373,016
110,978,766
1,189,524
8,541,276
27,198,112
2,015,057,256
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value investments by major category are as follows:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
The Fund used futures contracts to manage its exposure to the stock market.
The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.
We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.
