U.S. Treasury Bills, yield at date of purchase 5.3% to 5.33% 7/25/24 to 9/26/24 (b)
(Cost $3,604,370)
3,620,000
3,604,431
Domestic Equity Funds - 40.9%
Shares
Value ($)
Fidelity Series Blue Chip Growth Fund (c)
12,952,526
255,812,390
Fidelity Series Commodity Strategy Fund (c)
226,317
22,013,835
Fidelity Series Large Cap Growth Index Fund (c)
7,128,048
164,515,340
Fidelity Series Large Cap Stock Fund (c)
7,290,141
167,235,826
Fidelity Series Large Cap Value Index Fund (c)
18,963,447
297,157,206
Fidelity Series Small Cap Core Fund (c)
520,488
5,996,026
Fidelity Series Small Cap Opportunities Fund (c)
3,565,569
53,269,602
Fidelity Series Value Discovery Fund (c)
7,168,533
109,678,548
TOTAL DOMESTIC EQUITY FUNDS
(Cost $814,629,628)
1,075,678,773
International Equity Funds - 33.5%
Shares
Value ($)
Fidelity Series Canada Fund (c)
3,740,219
56,439,901
Fidelity Series Emerging Markets Fund (c)
6,421,130
59,138,610
Fidelity Series Emerging Markets Opportunities Fund (c)
12,569,324
236,428,988
Fidelity Series International Growth Fund (c)
7,935,687
145,381,782
Fidelity Series International Index Fund (c)
4,413,968
54,777,341
Fidelity Series International Small Cap Fund (c)
2,216,203
37,786,261
Fidelity Series International Value Fund (c)
11,596,739
146,582,784
Fidelity Series Overseas Fund (c)
10,346,141
145,570,199
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $778,621,976)
882,105,866
Bond Funds - 25.3%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
89,510
866,454
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
2,893,758
22,079,373
Fidelity Series Corporate Bond Fund (c)
8,783,252
80,278,925
Fidelity Series Emerging Markets Debt Fund (c)
1,698,471
13,265,059
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
444,340
3,932,407
Fidelity Series Floating Rate High Income Fund (c)
260,416
2,338,536
Fidelity Series Government Bond Index Fund (c)
13,610,700
123,040,728
Fidelity Series High Income Fund (c)
1,582,424
13,324,013
Fidelity Series International Developed Markets Bond Index Fund (c)
9,671,090
82,687,816
Fidelity Series Investment Grade Bond Fund (c)
12,220,556
120,739,092
Fidelity Series Investment Grade Securitized Fund (c)
8,897,042
78,204,999
Fidelity Series Long-Term Treasury Bond Index Fund (c)
22,473,858
123,381,482
Fidelity Series Real Estate Income Fund (c)
259,473
2,514,298
TOTAL BOND FUNDS
(Cost $732,100,946)
666,653,182
Short-Term Funds - 0.2%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
(Cost $3,721,885)
3,721,141
3,721,885
TOTAL INVESTMENT IN SECURITIES - 100.0%
(Cost $2,332,678,805)
2,631,764,137
NET OTHER ASSETS (LIABILITIES) - 0.0%
(792,857)
NET ASSETS - 100.0%
2,630,971,280
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI EAFE Index Contracts (United States)
5
Sep 2024
585,800
385
385
ICE MSCI Emerging Markets Index Contracts (United States)
110
Sep 2024
5,985,100
7,889
7,889
TOTAL EQUITY INDEX CONTRACTS
8,274
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
918
Sep 2024
100,965,656
633,311
633,311
CBOT 5-Year U.S. Treasury Note Contracts (United States)
562
Sep 2024
59,896,906
290,202
290,202
TOTAL TREASURY CONTRACTS
923,513
TOTAL PURCHASED
931,787
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
119
Sep 2024
32,852,925
(71,732)
(71,732)
TOTAL FUTURES CONTRACTS
860,055
The notional amount of futures purchased as a percentage of Net Assets is 6.3%
The notional amount of futures sold as a percentage of Net Assets is 1.2%
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 $3,604,431.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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%
2,427,675
16,981,556
15,687,328
38,497
(18)
-
3,721,885
0.0%
Total
2,427,675
16,981,556
15,687,328
38,497
(18)
-
3,721,885
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
789,022
82,557
16,531
420
38
11,368
866,454
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
15,710,820
6,497,613
263,381
6,270
(11,548)
145,869
22,079,373
Fidelity Series Blue Chip Growth Fund
230,451,459
15,141,124
11,596,901
-
441,935
21,374,773
255,812,390
Fidelity Series Canada Fund
54,850,485
4,209,313
1,775,272
-
(18,977)
(825,648)
56,439,901
Fidelity Series Commodity Strategy Fund
16,094,392
6,041,855
542,257
-
17,654
402,191
22,013,835
Fidelity Series Corporate Bond Fund
75,644,109
6,747,760
1,487,247
871,243
8,494
(634,191)
80,278,925
Fidelity Series Emerging Markets Debt Fund
12,407,997
1,115,436
181,843
192,342
3,042
(79,573)
13,265,059
Fidelity Series Emerging Markets Debt Local Currency Fund
3,809,140
229,982
46,287
-
(68)
(60,360)
3,932,407
Fidelity Series Emerging Markets Fund
54,658,983
3,481,515
1,852,212
-
20,933
2,829,391
59,138,610
Fidelity Series Emerging Markets Opportunities Fund
219,381,008
14,076,221
9,028,628
-
260,579
11,739,808
236,428,988
Fidelity Series Floating Rate High Income Fund
2,173,549
215,661
33,062
51,390
(37)
(17,575)
2,338,536
Fidelity Series Government Bond Index Fund
110,736,944
14,363,664
1,546,729
955,443
(5,690)
(507,461)
123,040,728
Fidelity Series Government Money Market Fund 5.42%
11,432
-
11,432
19
-
-
-
Fidelity Series High Income Fund
12,469,047
1,089,200
178,537
202,135
1,336
(57,033)
13,324,013
Fidelity Series International Developed Markets Bond Index Fund
74,990,662
10,281,111
1,038,705
885,357
(9,781)
(1,535,471)
82,687,816
Fidelity Series International Growth Fund
137,622,579
12,071,063
2,110,807
-
6,833
(2,207,886)
145,381,782
Fidelity Series International Index Fund
52,103,862
3,903,917
1,070,546
-
27,041
(186,933)
54,777,341
Fidelity Series International Small Cap Fund
36,715,962
2,554,955
495,936
-
9,502
(998,222)
37,786,261
Fidelity Series International Value Fund
138,279,865
11,328,790
3,584,101
-
(20,145)
578,375
146,582,784
Fidelity Series Investment Grade Bond Fund
111,449,870
11,526,957
1,526,998
1,240,324
3,005
(713,742)
120,739,092
Fidelity Series Investment Grade Securitized Fund
73,422,608
6,424,161
1,182,951
811,090
3,594
(462,413)
78,204,999
Fidelity Series Large Cap Growth Index Fund
145,999,157
9,967,826
3,773,558
269,769
13,351
12,308,564
164,515,340
Fidelity Series Large Cap Stock Fund
154,671,199
10,479,085
5,365,986
-
16,637
7,434,891
167,235,826
Fidelity Series Large Cap Value Index Fund
276,491,722
30,244,358
3,684,602
-
4,719
(5,898,991)
297,157,206
Fidelity Series Long-Term Treasury Bond Index Fund
129,218,257
11,043,543
13,782,943
1,075,181
(3,054,766)
(42,609)
123,381,482
Fidelity Series Overseas Fund
137,945,123
11,380,004
3,832,238
-
18,233
59,077
145,570,199
Fidelity Series Real Estate Income Fund
2,341,792
202,813
33,071
38,530
587
2,177
2,514,298
Fidelity Series Short-Term Credit Fund
369,296
-
367,421
424
7,799
(9,674)
-
Fidelity Series Small Cap Core Fund
2,746,601
4,006,852
692,730
26,359
(30,131)
(34,566)
5,996,026
Fidelity Series Small Cap Opportunities Fund
68,385,197
3,095,180
16,712,562
-
885,824
(2,384,037)
53,269,602
Fidelity Series Treasury Bill Index Fund
34,713
-
34,713
55
-
-
-
Fidelity Series Value Discovery Fund
102,113,452
12,580,157
1,516,105
-
22,853
(3,521,809)
109,678,548
2,454,090,304
224,382,673
89,366,292
6,626,351
(1,377,154)
36,708,290
2,624,437,821
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.
