Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b)
50,793,970
490,669,750
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b)
28,217,159
207,960,461
Fidelity Series Emerging Markets Debt Fund (b)
2,970,892
23,470,048
Fidelity Series Emerging Markets Debt Local Currency Fund (b)
849,677
7,264,735
Fidelity Series Floating Rate High Income Fund (b)
409,111
3,682,002
Fidelity Series High Income Fund (b)
2,839,066
24,444,355
Fidelity Series International Credit Fund (b)
711,091
5,866,499
Fidelity Series International Developed Markets Bond Index Fund (b)
25,036,954
217,320,763
Fidelity Series Investment Grade Bond Fund (b)
144,647,609
1,429,118,382
Fidelity Series Long-Term Treasury Bond Index Fund (b)
24,527,563
130,241,358
Fidelity Series Real Estate Income Fund (b)
450,680
4,425,678
TOTAL BOND FUNDS
(Cost $2,865,937,037)
2,544,464,031
Domestic Equity Funds - 20.9%
Shares
Value ($)
Fidelity Series All-Sector Equity Fund (b)
2,689,610
33,673,923
Fidelity Series Blue Chip Growth Fund (b)
4,787,588
94,985,741
Fidelity Series Commodity Strategy Fund (b)
104,387
8,993,992
Fidelity Series Growth Company Fund (b)
7,209,530
172,812,441
Fidelity Series Intrinsic Opportunities Fund (b)
2,648,331
28,151,759
Fidelity Series Large Cap Stock Fund (b)
7,384,145
169,466,136
Fidelity Series Large Cap Value Index Fund (b)
3,128,353
51,023,445
Fidelity Series Opportunistic Insights Fund (b)
4,275,601
103,426,789
Fidelity Series Small Cap Core Fund (b)
447,795
5,467,571
Fidelity Series Small Cap Discovery Fund (b)
1,442,489
15,694,280
Fidelity Series Small Cap Opportunities Fund (b)
2,627,251
38,436,677
Fidelity Series Stock Selector Large Cap Value Fund (b)
8,340,101
114,259,381
Fidelity Series Value Discovery Fund (b)
6,760,752
104,791,658
TOTAL DOMESTIC EQUITY FUNDS
(Cost $545,193,702)
941,183,793
International Equity Funds - 16.9%
Shares
Value ($)
Fidelity Series Canada Fund (b)
3,214,196
50,398,599
Fidelity Series Emerging Markets Fund (b)
6,066,499
52,657,208
Fidelity Series Emerging Markets Opportunities Fund (b)
11,522,015
211,083,311
Fidelity Series International Growth Fund (b)
7,349,394
128,099,943
Fidelity Series International Small Cap Fund (b)
3,786,659
61,343,871
Fidelity Series International Value Fund (b)
10,828,845
129,079,838
Fidelity Series Overseas Fund (b)
9,598,951
129,009,895
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $540,039,559)
761,672,665
Short-Term Funds - 0.8%
Shares
Value ($)
Fidelity Series Short-Term Credit Fund (b)
(Cost $37,661,265)
3,791,900
37,843,162
U.S. Treasury Obligations - 0.3%
Yield (%) (c)
Principal
Amount (a)
Value ($)
US Treasury Bills 0% 1/16/2025 (d)
4.56
30,000
29,950
US Treasury Bills 0% 1/2/2025
4.52 to 4.55
160,000
160,000
US Treasury Bills 0% 1/23/2025 (d)
4.55
6,660,000
6,643,509
US Treasury Bills 0% 1/30/2025 (d)
4.45 to 4.51
4,800,000
4,784,208
US Treasury Bills 0% 1/9/2025 (d)
4.58
290,000
289,763
US Treasury Bills 0% 2/6/2025 (d)
4.47 to 4.48
150,000
149,383
TOTAL U.S. TREASURY OBLIGATIONS
(Cost $12,053,645)
12,056,813
Money Market Funds - 4.6%
Yield (%)
Shares
Value ($)
Fidelity Cash Central Fund (e)
4.36
4,392,660
4,393,539
Fidelity Series Government Money Market Fund (b)(f)
4.58
202,778,276
202,778,276
TOTAL MONEY MARKET FUNDS
(Cost $207,171,815)
207,171,815
TOTAL INVESTMENT IN SECURITIES - 100.0%
(Cost $4,208,057,023)
4,504,392,279
NET OTHER ASSETS (LIABILITIES) - 0.0%
(543,169)
NET ASSETS - 100.0%
4,503,849,110
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Contracts
ICE MSCI EAFE Index Contracts (United States)
332
Mar 2025
37,640,500
(1,247,563)
(1,247,563)
ICE MSCI Emerging Markets Index Contracts (United States)
1,036
Mar 2025
55,622,840
(1,927,216)
(1,927,216)
TOTAL EQUITY CONTRACTS
(3,174,779)
Interest Rate Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
1,122
Mar 2025
122,017,500
(1,073,329)
(1,073,329)
CBOT 5-Year U.S. Treasury Note Contracts (United States)
195
Mar 2025
20,729,414
(81,007)
(81,007)
CBOT Long Term U.S. Treasury Bond Contracts (United States)
364
Mar 2025
41,439,125
(1,028,907)
(1,028,907)
TOTAL INTEREST RATE CONTRACTS
(2,183,243)
TOTAL PURCHASED
(5,358,022)
Sold
Equity Contracts
CME E-mini S&P 500 Index Contracts (United States)
284
Mar 2025
84,287,650
2,736,373
2,736,373
TOTAL FUTURES CONTRACTS
(2,621,649)
The notional amount of futures purchased as a percentage of Net Assets is 6.1%
The notional amount of futures sold as a percentage of Net Assets is 1.9%
Legend
(a)
Amount is stated in United States dollars unless otherwise noted.
(b)
Affiliated Fund
(c)
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
(d)
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 $11,056,809.
(e)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(f)
The rate quoted is the annualized seven-day yield of the fund at period end.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
Shares,
end
of period
% ownership,
end
of period
Fidelity Cash Central Fund
7,983,129
90,305,888
93,895,426
259,323
22
(74)
4,393,539
4,392,660
0.0%
Total
7,983,129
90,305,888
93,895,426
259,323
22
(74)
4,393,539
4,392,660
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 ($)
Shares,
end
of period
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
480,305,248
88,022,278
82,779,912
13,404,933
206,383
4,915,753
490,669,750
50,793,970
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
255,527,914
8,029,908
49,406,867
7,650,118
(13,284,147)
7,093,653
207,960,461
28,217,159
Fidelity Series All-Sector Equity Fund
35,372,713
3,374,838
7,067,293
2,204,295
1,031,341
962,324
33,673,923
2,689,610
Fidelity Series Blue Chip Growth Fund
97,680,272
15,997,131
28,267,344
8,630,034
7,240,257
2,335,425
94,985,741
4,787,588
Fidelity Series Canada Fund
60,592,022
3,794,069
15,721,662
1,505,317
4,805,926
(3,071,756)
50,398,599
3,214,196
Fidelity Series Commodity Strategy Fund
32,792,809
11,852,081
34,071,797
1,133,674
(16,853,103)
15,274,002
8,993,992
104,387
Fidelity Series Emerging Markets Debt Fund
26,761,180
1,090,057
4,525,114
1,046,699
(722,802)
866,727
23,470,048
2,970,892
Fidelity Series Emerging Markets Debt Local Currency Fund
8,454,470
348,143
1,181,867
336,860
(128,819)
(227,191)
7,264,736
849,677
Fidelity Series Emerging Markets Fund
75,067,461
1,774,499
24,648,262
1,471,193
803,972
(340,462)
52,657,208
6,066,499
Fidelity Series Emerging Markets Opportunities Fund
301,306,798
4,948,554
106,075,267
4,355,766
20,894,051
(9,990,825)
211,083,311
11,522,015
Fidelity Series Floating Rate High Income Fund
4,238,037
276,828
809,604
268,944
(60,680)
37,421
3,682,002
409,111
Fidelity Series Government Money Market Fund
213,421,937
38,305,838
48,949,499
8,056,227
-
-
202,778,276
202,778,276
Fidelity Series Growth Company Fund
182,026,606
34,661,098
54,799,075
20,342,929
16,761,507
(5,837,695)
172,812,441
7,209,530
Fidelity Series High Income Fund
26,714,628
2,066,180
4,764,774
1,275,907
(298,244)
726,564
24,444,354
2,839,066
Fidelity Series International Credit Fund
5,636,802
276,628
111,945
276,628
8,643
56,371
5,866,499
711,091
Fidelity Series International Developed Markets Bond Index Fund
197,483,486
55,601,193
33,690,674
7,298,200
(2,490,220)
416,978
217,320,763
25,036,954
Fidelity Series International Growth Fund
171,101,572
14,993,743
49,364,900
5,324,554
18,134,078
(26,764,550)
128,099,943
7,349,394
Fidelity Series International Small Cap Fund
76,774,721
5,894,139
16,857,061
5,778,108
3,279,626
(7,747,554)
61,343,871
3,786,659
Fidelity Series International Value Fund
171,924,648
9,308,750
45,810,616
5,830,330
14,257,823
(20,600,767)
129,079,838
10,828,845
Fidelity Series Intrinsic Opportunities Fund
34,300,987
4,632,415
7,576,468
3,469,759
709,465
(3,914,640)
28,151,759
2,648,331
Fidelity Series Investment Grade Bond Fund
1,629,985,802
86,855,067
278,178,571
50,280,864
(21,505,221)
11,961,304
1,429,118,381
144,647,609
Fidelity Series Large Cap Stock Fund
171,462,182
27,073,249
37,353,673
13,204,197
9,680,881
(1,396,503)
169,466,136
7,384,145
Fidelity Series Large Cap Value Index Fund
53,875,375
8,593,580
12,568,610
1,501,405
2,323,281
(1,200,181)
51,023,445
3,128,353
Fidelity Series Long-Term Treasury Bond Index Fund
194,299,981
7,995,648
63,427,479
4,097,239
(29,435,125)
20,808,334
130,241,359
24,527,563
Fidelity Series Opportunistic Insights Fund
108,622,058
15,283,208
28,738,855
6,589,863
9,743,822
(1,483,444)
103,426,789
4,275,601
Fidelity Series Overseas Fund
171,563,031
8,081,044
44,913,965
2,870,680
11,866,384
(17,586,599)
129,009,895
9,598,951
Fidelity Series Real Estate Income Fund
4,927,971
248,923
824,853
240,906
(6,797)
80,434
4,425,678
450,680
Fidelity Series Short-Term Credit Fund
41,756,514
3,861,441
8,336,681
1,278,489
37,560
524,328
37,843,162
3,791,900
Fidelity Series Small Cap Core Fund
4,437,810
1,633,385
715,665
65,586
46,061
65,980
5,467,571
447,795
Fidelity Series Small Cap Discovery Fund
14,999,915
6,272,727
3,351,657
1,459,787
159,010
(2,385,715)
15,694,280
1,442,489
Fidelity Series Small Cap Opportunities Fund
50,454,057
8,532,346
18,994,334
3,995,806
4,885,569
(6,440,960)
38,436,678
2,627,251
Fidelity Series Stock Selector Large Cap Value Fund
120,087,756
27,732,899
31,570,135
10,627,768
4,431,566
(6,422,706)
114,259,380
8,340,101
Fidelity Series Value Discovery Fund
107,438,138
26,762,949
27,488,961
4,116,919
1,709,470
(3,629,938)
104,791,658
6,760,752
5,131,394,901
534,174,836
1,172,943,440
199,989,984
48,231,518
(52,915,888)
4,487,941,927
592,236,440
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.
