U.S. Treasury Bills, yield at date of purchase 5.3% to 5.33% 7/25/24 to 9/26/24 (b)
(Cost $3,725,970)
3,740,000
3,726,034
Domestic Equity Funds - 49.4%
Shares
Value ($)
Fidelity Advisor Series Equity Growth Fund (c)
10,268,915
197,060,470
Fidelity Advisor Series Growth Opportunities Fund (c)
8,679,870
139,138,322
Fidelity Advisor Series Small Cap Fund (c)
5,108,885
66,211,147
Fidelity Series All-Sector Equity Fund (c)
5,368,826
66,090,253
Fidelity Series Commodity Strategy Fund (c)
234,238
22,784,301
Fidelity Series Large Cap Stock Fund (c)
11,526,763
264,423,947
Fidelity Series Large Cap Value Index Fund (c)
1,667,261
26,125,987
Fidelity Series Opportunistic Insights Fund (c)
6,635,616
158,524,877
Fidelity Series Small Cap Core Fund (c)
679,259
7,825,066
Fidelity Series Small Cap Opportunities Fund (c)
5,690,458
85,015,443
Fidelity Series Stock Selector Large Cap Value Fund (c)
11,227,681
154,043,781
Fidelity Series Value Discovery Fund (c)
10,310,123
157,744,886
TOTAL DOMESTIC EQUITY FUNDS
(Cost $875,112,239)
1,344,988,480
International Equity Funds - 39.2%
Shares
Value ($)
Fidelity Series Canada Fund (c)
4,620,555
69,724,180
Fidelity Series Emerging Markets Fund (c)
7,569,604
69,716,051
Fidelity Series Emerging Markets Opportunities Fund (c)
14,875,135
279,801,291
Fidelity Series International Growth Fund (c)
11,024,624
201,971,115
Fidelity Series International Small Cap Fund (c)
2,290,095
39,046,114
Fidelity Series International Value Fund (c)
16,043,953
202,795,564
Fidelity Series Overseas Fund (c)
14,388,013
202,439,349
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $798,332,848)
1,065,493,664
Bond Funds - 11.2%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
132,097
1,278,697
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
171,738
1,310,360
Fidelity Series Emerging Markets Debt Fund (c)
1,748,239
13,653,746
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
481,156
4,258,231
Fidelity Series Floating Rate High Income Fund (c)
290,563
2,609,260
Fidelity Series High Income Fund (c)
1,661,554
13,990,286
Fidelity Series International Credit Fund (c)
145,975
1,183,861
Fidelity Series International Developed Markets Bond Index Fund (c)
3,141,010
26,855,638
Fidelity Series Investment Grade Bond Fund (c)
10,954,079
108,226,305
Fidelity Series Long-Term Treasury Bond Index Fund (c)
23,652,786
129,853,795
Fidelity Series Real Estate Income Fund (c)
270,232
2,618,544
TOTAL BOND FUNDS
(Cost $359,402,978)
305,838,723
Short-Term Funds - 0.2%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
(Cost $4,354,606)
4,353,735
4,354,606
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $2,040,928,641)
2,724,401,507
NET OTHER ASSETS (LIABILITIES) - (0.1)%
(2,126,684)
NET ASSETS - 100.0%
2,722,274,823
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI EAFE Index Contracts (United States)
12
Sep 2024
1,405,920
923
923
ICE MSCI Emerging Markets Index Contracts (United States)
138
Sep 2024
7,508,580
12,953
12,953
TOTAL EQUITY INDEX CONTRACTS
13,876
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
953
Sep 2024
104,815,109
666,488
666,488
CBOT 5-Year U.S. Treasury Note Contracts (United States)
583
Sep 2024
62,135,047
306,374
306,374
TOTAL TREASURY CONTRACTS
972,862
TOTAL PURCHASED
986,738
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
124
Sep 2024
34,233,300
(68,383)
(68,383)
TOTAL FUTURES CONTRACTS
918,355
The notional amount of futures purchased as a percentage of Net Assets is 6.6%
The notional amount of futures sold as a percentage of Net Assets is 1.3%
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 $3,726,034.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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%
2,981,758
14,904,802
13,531,919
42,739
(35)
-
4,354,606
0.0%
Total
2,981,758
14,904,802
13,531,919
42,739
(35)
-
4,354,606
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
197,985,688
2,374,352
15,661,016
-
2,907,665
9,453,781
197,060,470
Fidelity Advisor Series Growth Opportunities Fund
139,587,535
1,280,341
12,990,569
-
2,319,993
8,941,022
139,138,322
Fidelity Advisor Series Small Cap Fund
68,332,538
1,221,652
2,604,057
-
295,758
(1,034,744)
66,211,147
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
1,297,875
7,946
44,402
679
272
17,006
1,278,697
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
1,342,492
7,796
44,514
530
(8,220)
12,806
1,310,360
Fidelity Series All-Sector Equity Fund
65,652,581
347,556
2,611,490
-
179,429
2,522,177
66,090,253
Fidelity Series Canada Fund
73,060,672
1,359,663
3,592,136
-
353,489
(1,457,508)
69,724,180
Fidelity Series Commodity Strategy Fund
18,249,080
5,097,235
1,053,729
-
(262,083)
753,798
22,784,301
Fidelity Series Emerging Markets Debt Fund
13,940,682
285,442
481,711
205,498
8,251
(98,918)
13,653,746
Fidelity Series Emerging Markets Debt Local Currency Fund
4,438,774
20,349
131,823
-
(5,071)
(63,998)
4,258,231
Fidelity Series Emerging Markets Fund
69,600,835
373,613
3,665,004
-
104,300
3,302,307
69,716,051
Fidelity Series Emerging Markets Opportunities Fund
279,488,978
2,682,579
16,801,334
-
185,642
14,245,426
279,801,291
Fidelity Series Floating Rate High Income Fund
2,644,876
73,976
89,219
59,439
1,367
(21,740)
2,609,260
Fidelity Series Government Money Market Fund 5.42%
52,162
230
52,392
230
-
-
-
Fidelity Series High Income Fund
14,240,366
298,276
478,777
219,787
4,665
(74,244)
13,990,286
Fidelity Series International Credit Fund
1,187,875
15,867
12,509
15,867
681
(8,053)
1,183,861
Fidelity Series International Developed Markets Bond Index Fund
24,018,895
4,171,007
851,678
280,404
343
(482,929)
26,855,638
Fidelity Series International Growth Fund
206,354,673
5,638,918
6,607,593
-
1,053,791
(4,468,674)
201,971,115
Fidelity Series International Small Cap Fund
40,801,831
640,867
1,322,777
-
324,120
(1,397,927)
39,046,114
Fidelity Series International Value Fund
207,338,494
4,137,758
9,384,049
-
1,338,540
(635,179)
202,795,564
Fidelity Series Investment Grade Bond Fund
104,892,699
9,372,231
5,362,335
1,129,250
14,450
(690,740)
108,226,305
Fidelity Series Large Cap Stock Fund
265,714,924
3,155,968
16,367,678
-
4,162,658
7,758,075
264,423,947
Fidelity Series Large Cap Value Index Fund
26,253,188
1,287,002
844,008
-
108,498
(678,693)
26,125,987
Fidelity Series Long-Term Treasury Bond Index Fund
145,516,032
5,820,487
17,912,253
1,164,978
(5,427,312)
1,856,841
129,853,795
Fidelity Series Opportunistic Insights Fund
156,960,134
2,721,927
11,579,088
-
2,328,577
8,093,327
158,524,877
Fidelity Series Overseas Fund
206,905,454
4,073,995
8,376,375
-
1,011,711
(1,175,436)
202,439,349
Fidelity Series Real Estate Income Fund
2,649,574
55,396
89,043
40,860
3,816
(1,199)
2,618,544
Fidelity Series Short-Term Credit Fund
92,915
292
92,641
292
1,853
(2,419)
-
Fidelity Series Small Cap Core Fund
7,972,210
120,736
78,675
37,177
8,069
(197,274)
7,825,066
Fidelity Series Small Cap Opportunities Fund
86,559,139
3,173,242
2,716,017
-
478,907
(2,479,828)
85,015,443
Fidelity Series Stock Selector Large Cap Value Fund
154,752,924
7,792,911
4,898,996
-
409,150
(4,012,208)
154,043,781
Fidelity Series Value Discovery Fund
158,469,732
9,775,286
5,110,735
-
464,789
(5,854,186)
157,744,886
2,746,355,827
77,384,896
151,908,623
3,154,991
12,368,098
32,120,669
2,716,320,867
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.
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