U.S. Treasury Bills, yield at date of purchase 5.3% to 5.33% 7/25/24 to 9/26/24 (b)
(Cost $2,400,512)
2,410,000
2,400,553
Domestic Equity Funds - 52.7%
Shares
Value ($)
Fidelity Advisor Series Equity Growth Fund (c)
7,169,418
137,581,130
Fidelity Advisor Series Growth Opportunities Fund (c)
6,060,610
97,151,571
Fidelity Advisor Series Small Cap Fund (c)
3,561,867
46,161,796
Fidelity Series All-Sector Equity Fund (c)
3,742,916
46,075,292
Fidelity Series Commodity Strategy Fund (c)
153,265
14,908,126
Fidelity Series Large Cap Stock Fund (c)
8,045,536
184,564,591
Fidelity Series Large Cap Value Index Fund (c)
1,163,732
18,235,675
Fidelity Series Opportunistic Insights Fund (c)
4,633,038
110,683,282
Fidelity Series Small Cap Core Fund (c)
465,605
5,363,771
Fidelity Series Small Cap Opportunities Fund (c)
3,978,391
59,437,168
Fidelity Series Stock Selector Large Cap Value Fund (c)
7,836,733
107,519,982
Fidelity Series Value Discovery Fund (c)
7,196,300
110,103,396
TOTAL DOMESTIC EQUITY FUNDS
(Cost $649,086,083)
937,785,780
International Equity Funds - 41.4%
Shares
Value ($)
Fidelity Series Canada Fund (c)
3,227,575
48,704,102
Fidelity Series Emerging Markets Fund (c)
5,187,035
47,772,593
Fidelity Series Emerging Markets Opportunities Fund (c)
10,215,853
192,160,191
Fidelity Series International Growth Fund (c)
7,663,331
140,392,217
Fidelity Series International Small Cap Fund (c)
1,483,395
25,291,880
Fidelity Series International Value Fund (c)
11,198,243
141,545,789
Fidelity Series Overseas Fund (c)
10,035,002
141,192,482
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $584,710,374)
737,059,254
Bond Funds - 5.7%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
86,258
834,982
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
112,230
856,313
Fidelity Series Emerging Markets Debt Fund (c)
1,139,807
8,901,890
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
312,701
2,767,405
Fidelity Series Floating Rate High Income Fund (c)
189,110
1,698,210
Fidelity Series High Income Fund (c)
1,082,568
9,115,223
Fidelity Series International Credit Fund (c)
68,526
555,745
Fidelity Series Long-Term Treasury Bond Index Fund (c)
13,773,985
75,619,177
Fidelity Series Real Estate Income Fund (c)
176,063
1,706,049
TOTAL BOND FUNDS
(Cost $129,122,042)
102,054,994
Short-Term Funds - 0.2%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
(Cost $3,327,336)
3,326,671
3,327,336
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $1,368,646,347)
1,782,627,917
NET OTHER ASSETS (LIABILITIES) - (0.1)%
(1,436,865)
NET ASSETS - 100.0%
1,781,191,052
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI EAFE Index Contracts (United States)
19
Sep 2024
2,226,040
1,462
1,462
ICE MSCI Emerging Markets Index Contracts (United States)
110
Sep 2024
5,985,100
10,426
10,426
TOTAL EQUITY INDEX CONTRACTS
11,888
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
599
Sep 2024
65,880,641
409,776
409,776
CBOT 5-Year U.S. Treasury Note Contracts (United States)
335
Sep 2024
35,703,672
165,660
165,660
CBOT Long Term U.S. Treasury Bond Contracts (United States)
66
Sep 2024
7,808,625
68,195
68,195
TOTAL TREASURY CONTRACTS
643,631
TOTAL PURCHASED
655,519
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
60
Sep 2024
16,564,500
(28,098)
(28,098)
TOTAL FUTURES CONTRACTS
627,421
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 $2,400,553.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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%
1,781,482
10,976,570
9,430,687
29,608
(29)
-
3,327,336
0.0%
Total
1,781,482
10,976,570
9,430,687
29,608
(29)
-
3,327,336
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
137,019,056
2,673,915
10,646,572
-
1,726,565
6,808,166
137,581,130
Fidelity Advisor Series Growth Opportunities Fund
96,570,615
1,799,759
9,008,772
-
1,345,150
6,444,819
97,151,571
Fidelity Advisor Series Small Cap Fund
47,215,551
1,330,419
1,865,348
-
254,045
(772,871)
46,161,796
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
841,574
11,285
29,093
441
123
11,093
834,982
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
871,438
11,189
29,240
344
(1,544)
4,470
856,313
Fidelity Series All-Sector Equity Fund
45,360,066
533,365
1,684,702
-
289,698
1,576,865
46,075,292
Fidelity Series Canada Fund
49,886,168
1,999,635
2,410,809
-
438,084
(1,208,976)
48,704,102
Fidelity Series Commodity Strategy Fund
11,811,964
3,432,704
651,316
-
28,623
286,151
14,908,126
Fidelity Series Emerging Markets Debt Fund
9,020,630
252,481
311,857
133,189
14,743
(74,107)
8,901,890
Fidelity Series Emerging Markets Debt Local Currency Fund
2,872,349
30,362
90,061
-
(1,422)
(43,823)
2,767,405
Fidelity Series Emerging Markets Fund
46,941,697
578,644
2,052,875
-
123,194
2,181,933
47,772,593
Fidelity Series Emerging Markets Opportunities Fund
189,506,134
3,580,813
10,692,238
-
192,002
9,573,480
192,160,191
Fidelity Series Floating Rate High Income Fund
1,709,852
60,163
58,569
38,475
2,445
(15,681)
1,698,210
Fidelity Series Government Money Market Fund 5.42%
25,639
-
25,639
42
-
-
-
Fidelity Series High Income Fund
9,214,584
259,523
312,944
142,409
5,278
(51,218)
9,115,223
Fidelity Series International Credit Fund
562,433
7,513
10,616
7,513
541
(4,126)
555,745
Fidelity Series International Growth Fund
141,808,207
5,648,298
4,672,133
-
1,302,405
(3,694,560)
140,392,217
Fidelity Series International Small Cap Fund
26,547,808
325,140
871,493
-
214,661
(924,236)
25,291,880
Fidelity Series International Value Fund
142,974,739
4,559,834
6,442,760
-
1,202,646
(748,670)
141,545,789
Fidelity Series Large Cap Stock Fund
184,043,287
2,896,313
10,621,051
-
2,298,341
5,947,701
184,564,591
Fidelity Series Large Cap Value Index Fund
18,107,751
1,122,536
595,611
-
117,745
(516,746)
18,235,675
Fidelity Series Long-Term Treasury Bond Index Fund
85,828,804
4,296,644
12,372,345
672,479
(5,207,142)
3,073,216
75,619,177
Fidelity Series Opportunistic Insights Fund
108,603,808
2,660,465
7,789,611
-
1,478,922
5,729,698
110,683,282
Fidelity Series Overseas Fund
142,183,395
4,029,363
4,885,056
-
1,003,280
(1,138,500)
141,192,482
Fidelity Series Real Estate Income Fund
1,714,754
48,258
58,400
26,571
2,779
(1,342)
1,706,049
Fidelity Series Short-Term Credit Fund
118,930
-
118,327
137
2,589
(3,192)
-
Fidelity Series Small Cap Core Fund
5,514,896
79,828
97,552
25,484
10,434
(143,835)
5,363,771
Fidelity Series Small Cap Opportunities Fund
59,796,550
3,012,592
1,977,543
-
709,719
(2,104,150)
59,437,168
Fidelity Series Stock Selector Large Cap Value Fund
107,185,901
6,360,074
3,515,735
-
571,267
(3,081,525)
107,519,982
Fidelity Series Value Discovery Fund
109,648,060
7,816,582
3,618,783
-
605,676
(4,348,139)
110,103,396
1,783,506,640
59,417,697
97,517,051
1,047,084
8,730,847
22,761,895
1,776,900,028
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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