U.S. Treasury Bills, yield at date of purchase 5.3% to 5.33% 7/11/24 to 9/26/24 (b)
(Cost $3,394,144)
3,410,000
3,394,203
Domestic Equity Funds - 49.4%
Shares
Value ($)
Fidelity Series Blue Chip Growth Fund (c)
14,942,416
295,112,721
Fidelity Series Commodity Strategy Fund (c)
215,332
20,945,309
Fidelity Series Large Cap Growth Index Fund (c)
8,223,013
189,787,136
Fidelity Series Large Cap Stock Fund (c)
8,393,584
192,548,811
Fidelity Series Large Cap Value Index Fund (c)
21,879,618
342,853,607
Fidelity Series Small Cap Core Fund (c)
589,482
6,790,830
Fidelity Series Small Cap Opportunities Fund (c)
4,153,750
62,057,029
Fidelity Series Value Discovery Fund (c)
8,270,888
126,544,588
TOTAL DOMESTIC EQUITY FUNDS
(Cost $950,197,257)
1,236,640,031
International Equity Funds - 39.1%
Shares
Value ($)
Fidelity Series Canada Fund (c)
4,249,481
64,124,669
Fidelity Series Emerging Markets Fund (c)
6,965,068
64,148,280
Fidelity Series Emerging Markets Opportunities Fund (c)
13,683,338
257,383,581
Fidelity Series International Growth Fund (c)
8,999,718
164,874,841
Fidelity Series International Index Fund (c)
5,005,886
62,123,050
Fidelity Series International Small Cap Fund (c)
2,111,046
35,993,327
Fidelity Series International Value Fund (c)
13,133,343
166,005,451
Fidelity Series Overseas Fund (c)
11,754,884
165,391,211
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $870,920,091)
980,044,410
Bond Funds - 11.3%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
124,923
1,209,253
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
149,330
1,139,389
Fidelity Series Corporate Bond Fund (c)
2,171,002
19,842,961
Fidelity Series Emerging Markets Debt Fund (c)
1,622,221
12,669,547
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
439,522
3,889,766
Fidelity Series Floating Rate High Income Fund (c)
268,101
2,407,543
Fidelity Series Government Bond Index Fund (c)
3,374,441
30,504,946
Fidelity Series High Income Fund (c)
1,537,011
12,941,637
Fidelity Series International Developed Markets Bond Index Fund (c)
3,025,554
25,868,488
Fidelity Series Investment Grade Bond Fund (c)
3,029,431
29,930,780
Fidelity Series Investment Grade Securitized Fund (c)
2,198,641
19,326,052
Fidelity Series Long-Term Treasury Bond Index Fund (c)
21,754,290
119,431,052
Fidelity Series Real Estate Income Fund (c)
249,021
2,413,014
TOTAL BOND FUNDS
(Cost $313,487,347)
281,574,428
Short-Term Funds - 0.1%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
(Cost $3,503,385)
3,502,685
3,503,385
TOTAL INVESTMENT IN SECURITIES - 100.0%
(Cost $2,141,502,224)
2,505,156,457
NET OTHER ASSETS (LIABILITIES) - 0.0%
(783,280)
NET ASSETS - 100.0%
2,504,373,177
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI EAFE Index Contracts (United States)
11
Sep 2024
1,288,760
846
846
ICE MSCI Emerging Markets Index Contracts (United States)
124
Sep 2024
6,746,840
11,359
11,359
TOTAL EQUITY INDEX CONTRACTS
12,205
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
874
Sep 2024
96,126,344
605,675
605,675
CBOT 5-Year U.S. Treasury Note Contracts (United States)
535
Sep 2024
57,019,297
276,183
276,183
TOTAL TREASURY CONTRACTS
881,858
TOTAL PURCHASED
894,063
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
114
Sep 2024
31,472,550
(64,709)
(64,709)
TOTAL FUTURES CONTRACTS
829,354
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 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 $3,394,202.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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%
2,242,574
15,234,760
13,973,930
35,790
(19)
-
3,503,385
0.0%
Total
2,242,574
15,234,760
13,973,930
35,790
(19)
-
3,503,385
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 Series 0-5 Year Inflation-Protected Bond Index Fund
1,128,037
80,003
14,815
600
33
15,995
1,209,253
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
1,069,316
79,832
14,815
429
(15)
5,071
1,139,389
Fidelity Series Blue Chip Growth Fund
264,260,152
17,770,732
12,077,960
-
420,114
24,739,683
295,112,721
Fidelity Series Canada Fund
61,840,744
4,947,581
1,708,606
-
(19,214)
(935,836)
64,124,669
Fidelity Series Commodity Strategy Fund
15,502,544
5,442,082
406,229
-
16,275
390,637
20,945,309
Fidelity Series Corporate Bond Fund
18,010,627
2,606,550
634,450
211,380
(391)
(139,375)
19,842,961
Fidelity Series Emerging Markets Debt Fund
11,848,756
1,057,557
162,960
184,135
2,031
(75,837)
12,669,547
Fidelity Series Emerging Markets Debt Local Currency Fund
3,769,047
222,328
41,481
-
(464)
(59,664)
3,889,766
Fidelity Series Emerging Markets Fund
58,836,693
3,963,971
1,739,181
-
54,019
3,032,778
64,148,280
Fidelity Series Emerging Markets Opportunities Fund
236,492,544
16,962,543
9,057,036
-
358,372
12,627,158
257,383,581
Fidelity Series Floating Rate High Income Fund
2,243,507
211,843
29,629
53,041
(25)
(18,153)
2,407,543
Fidelity Series Government Bond Index Fund
26,478,008
4,685,349
547,213
232,664
(1,236)
(109,962)
30,504,946
Fidelity Series Government Money Market Fund 5.42%
9,159
-
9,159
15
-
-
-
Fidelity Series High Income Fund
12,101,922
1,054,112
159,997
196,571
845
(55,245)
12,941,637
Fidelity Series International Developed Markets Bond Index Fund
21,181,294
5,419,218
303,306
251,333
(4,120)
(424,598)
25,868,488
Fidelity Series International Growth Fund
155,178,738
14,164,111
1,982,785
-
44,054
(2,529,277)
164,874,841
Fidelity Series International Index Fund
58,751,190
4,388,337
837,332
-
34,938
(214,083)
62,123,050
Fidelity Series International Small Cap Fund
34,582,957
2,790,460
444,436
-
10,696
(946,350)
35,993,327
Fidelity Series International Value Fund
155,915,541
12,965,838
3,515,463
-
(18,801)
658,336
166,005,451
Fidelity Series Investment Grade Bond Fund
26,648,991
4,279,973
841,299
301,809
(1,607)
(155,278)
29,930,780
Fidelity Series Investment Grade Securitized Fund
17,476,355
2,493,755
545,464
196,728
(1,576)
(97,018)
19,326,052
Fidelity Series Large Cap Growth Index Fund
167,465,226
11,592,200
3,483,672
311,244
8,360
14,205,022
189,787,136
Fidelity Series Large Cap Stock Fund
177,337,953
12,334,504
5,693,613
-
(22,143)
8,592,110
192,548,811
Fidelity Series Large Cap Value Index Fund
317,076,251
36,581,212
3,996,777
-
(13,549)
(6,793,530)
342,853,607
Fidelity Series Long-Term Treasury Bond Index Fund
123,020,303
11,336,105
11,975,271
1,035,170
(3,127,660)
177,575
119,431,052
Fidelity Series Overseas Fund
155,540,087
12,584,660
2,823,434
-
11,269
78,629
165,391,211
Fidelity Series Real Estate Income Fund
2,244,238
195,841
29,639
37,025
541
2,033
2,413,014
Fidelity Series Short-Term Credit Fund
290,629
-
289,154
334
6,201
(7,676)
-
Fidelity Series Small Cap Core Fund
3,203,140
4,338,998
672,363
29,738
(30,020)
(48,925)
6,790,830
Fidelity Series Small Cap Opportunities Fund
78,353,698
3,717,000
18,287,352
-
692,551
(2,418,868)
62,057,029
Fidelity Series Treasury Bill Index Fund
29,735
-
29,735
47
-
-
-
Fidelity Series Value Discovery Fund
117,034,120
15,019,346
1,476,599
-
42,334
(4,074,613)
126,544,588
2,324,921,502
213,286,041
83,831,225
3,042,263
(1,538,188)
45,420,739
2,498,258,869
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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