U.S. Treasury Bills, yield at date of purchase 5.33% 7/25/24 (b)
(Cost $358,737)
360,000
358,744
Domestic Equity Funds - 20.2%
Shares
Value ($)
Fidelity Series Blue Chip Growth Fund (c)
516,768
10,206,176
Fidelity Series Commodity Strategy Fund (c)
18,733
1,822,141
Fidelity Series Large Cap Growth Index Fund (c)
284,405
6,564,061
Fidelity Series Large Cap Stock Fund (c)
290,866
6,672,457
Fidelity Series Large Cap Value Index Fund (c)
761,322
11,929,915
Fidelity Series Small Cap Core Fund (c)
20,760
239,157
Fidelity Series Small Cap Opportunities Fund (c)
145,978
2,180,909
Fidelity Series Value Discovery Fund (c)
287,793
4,403,229
TOTAL DOMESTIC EQUITY FUNDS
(Cost $31,131,300)
44,018,045
International Equity Funds - 19.8%
Shares
Value ($)
Fidelity Series Canada Fund (c)
164,382
2,480,523
Fidelity Series Emerging Markets Fund (c)
342,637
3,155,689
Fidelity Series Emerging Markets Opportunities Fund (c)
670,705
12,615,954
Fidelity Series International Growth Fund (c)
348,756
6,389,207
Fidelity Series International Index Fund (c)
193,988
2,407,391
Fidelity Series International Small Cap Fund (c)
183,355
3,126,210
Fidelity Series International Value Fund (c)
509,716
6,442,807
Fidelity Series Overseas Fund (c)
454,699
6,397,617
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $35,162,016)
43,015,398
Bond Funds - 54.6%
Shares
Value ($)
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (c)
2,166,802
20,974,640
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (c)
1,384,848
10,566,393
Fidelity Series Corporate Bond Fund (c)
1,499,536
13,705,762
Fidelity Series Emerging Markets Debt Fund (c)
144,710
1,130,186
Fidelity Series Emerging Markets Debt Local Currency Fund (c)
39,600
350,464
Fidelity Series Floating Rate High Income Fund (c)
22,670
203,573
Fidelity Series Government Bond Index Fund (c)
2,317,043
20,946,069
Fidelity Series High Income Fund (c)
135,455
1,140,534
Fidelity Series International Developed Markets Bond Index Fund (c)
1,004,671
8,589,935
Fidelity Series Investment Grade Bond Fund (c)
2,083,055
20,580,586
Fidelity Series Investment Grade Securitized Fund (c)
1,519,089
13,352,792
Fidelity Series Long-Term Treasury Bond Index Fund (c)
1,276,541
7,008,207
Fidelity Series Real Estate Income Fund (c)
21,990
213,080
TOTAL BOND FUNDS
(Cost $133,979,815)
118,762,221
Short-Term Funds - 5.2%
Shares
Value ($)
Fidelity Cash Central Fund 5.38% (d)
301,441
301,501
Fidelity Series Government Money Market Fund 5.42% (c)(e)
2,318,169
2,318,169
Fidelity Series Short-Term Credit Fund (c)
180,053
1,777,120
Fidelity Series Treasury Bill Index Fund (c)
693,325
6,884,718
TOTAL SHORT-TERM FUNDS
(Cost $11,311,607)
11,281,508
TOTAL INVESTMENT IN SECURITIES - 100.0%
(Cost $211,943,475)
217,435,916
NET OTHER ASSETS (LIABILITIES) - 0.0%
(40,389)
NET ASSETS - 100.0%
217,395,527
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Index Contracts
ICE MSCI Emerging Markets Index Contracts (United States)
9
Sep 2024
489,690
(310)
(310)
Treasury Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
76
Sep 2024
8,358,813
52,925
52,925
CBOT 5-Year U.S. Treasury Note Contracts (United States)
46
Sep 2024
4,902,594
24,229
24,229
TOTAL TREASURY CONTRACTS
77,154
TOTAL PURCHASED
76,844
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)
9
Sep 2024
2,484,675
(5,382)
(5,382)
TOTAL FUTURES CONTRACTS
71,462
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 1.1%
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 $343,796.
(c)
Affiliated Fund
(d)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(e)
The rate quoted is the annualized seven-day yield of the fund at period end.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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%
238,427
1,045,913
982,837
3,460
(2)
-
301,501
0.0%
Total
238,427
1,045,913
982,837
3,460
(2)
-
301,501
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
19,855,649
2,256,067
1,408,659
10,520
3,407
268,176
20,974,640
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
10,670,718
687,955
829,200
4,214
(41,408)
78,328
10,566,393
Fidelity Series Blue Chip Growth Fund
9,648,890
640,140
953,436
-
69,099
801,483
10,206,176
Fidelity Series Canada Fund
2,535,902
220,346
237,341
-
5,866
(44,250)
2,480,523
Fidelity Series Commodity Strategy Fund
1,374,459
570,489
158,932
-
(39,277)
75,402
1,822,141
Fidelity Series Corporate Bond Fund
13,839,154
1,092,494
1,102,634
152,914
(20,844)
(102,408)
13,705,762
Fidelity Series Emerging Markets Debt Fund
1,121,730
94,447
78,560
16,693
(3,008)
(4,423)
1,130,186
Fidelity Series Emerging Markets Debt Local Currency Fund
356,253
19,792
19,997
-
(1,665)
(3,919)
350,464
Fidelity Series Emerging Markets Fund
3,141,819
208,192
352,689
-
(2,113)
160,480
3,155,689
Fidelity Series Emerging Markets Opportunities Fund
12,610,666
801,949
1,464,357
-
(41,552)
709,248
12,615,954
Fidelity Series Floating Rate High Income Fund
200,725
18,692
14,284
4,554
(42)
(1,518)
203,573
Fidelity Series Government Bond Index Fund
20,277,484
2,149,661
1,369,991
168,248
(13,553)
(97,532)
20,946,069
Fidelity Series Government Money Market Fund 5.42%
2,358,144
171,958
211,933
30,960
-
-
2,318,169
Fidelity Series High Income Fund
1,129,048
93,932
77,131
17,593
(3,026)
(2,289)
1,140,534
Fidelity Series International Developed Markets Bond Index Fund
8,352,126
983,898
571,043
99,250
(9,581)
(165,465)
8,589,935
Fidelity Series International Growth Fund
6,362,083
660,018
530,654
-
(2,317)
(99,923)
6,389,207
Fidelity Series International Index Fund
2,408,706
211,241
205,052
-
956
(8,460)
2,407,391
Fidelity Series International Small Cap Fund
3,213,216
211,958
214,250
-
5,744
(90,458)
3,126,210
Fidelity Series International Value Fund
6,392,674
537,577
512,072
-
19,678
4,950
6,442,807
Fidelity Series Investment Grade Bond Fund
20,408,624
1,740,818
1,424,073
217,709
(11,237)
(133,546)
20,580,586
Fidelity Series Investment Grade Securitized Fund
13,429,737
1,035,276
1,018,526
142,338
(74,725)
(18,970)
13,352,792
Fidelity Series Large Cap Growth Index Fund
6,111,129
413,048
450,767
10,775
(884)
491,535
6,564,061
Fidelity Series Large Cap Stock Fund
6,476,908
462,391
564,480
-
43,304
254,334
6,672,457
Fidelity Series Large Cap Value Index Fund
11,576,134
1,362,928
762,936
-
13,367
(259,578)
11,929,915
Fidelity Series Long-Term Treasury Bond Index Fund
8,131,904
636,445
1,554,595
62,137
(793,900)
588,353
7,008,207
Fidelity Series Overseas Fund
6,377,093
608,879
589,216
-
1,022
(161)
6,397,617
Fidelity Series Real Estate Income Fund
209,754
17,420
14,287
3,280
40
153
213,080
Fidelity Series Short-Term Credit Fund
1,729,330
187,184
143,017
17,071
(198)
3,821
1,777,120
Fidelity Series Small Cap Core Fund
102,684
191,249
54,577
1,072
(1,576)
1,377
239,157
Fidelity Series Small Cap Opportunities Fund
2,865,059
122,278
740,891
-
53,648
(119,185)
2,180,909
Fidelity Series Treasury Bill Index Fund
7,234,128
795,882
1,145,293
86,668
(5,163)
5,164
6,884,718
Fidelity Series Value Discovery Fund
4,276,865
552,882
282,307
-
1,262
(145,473)
4,403,229
214,778,795
19,757,486
19,057,180
1,045,996
(848,676)
2,145,246
216,775,671
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.
