Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (b)
3,658,228
35,338,483
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (b)
368,392
2,715,048
Fidelity Series Emerging Markets Debt Fund (b)
3,812,442
30,118,289
Fidelity Series Emerging Markets Debt Local Currency Fund (b)
1,031,358
8,818,109
Fidelity Series Floating Rate High Income Fund (b)
629,243
5,663,183
Fidelity Series High Income Fund (b)
3,710,597
31,948,237
Fidelity Series International Credit Fund (b)
29,247
241,289
Fidelity Series International Developed Markets Bond Index Fund (b)
6,343,331
55,060,109
Fidelity Series Long-Term Treasury Bond Index Fund (b)
39,404,660
209,238,746
Fidelity Series Real Estate Income Fund (b)
579,846
5,694,090
TOTAL BOND FUNDS
(Cost $454,556,326)
384,835,583
Domestic Equity Funds - 54.2%
Shares
Value ($)
Fidelity Series All-Sector Equity Fund (b)
9,116,736
114,141,536
Fidelity Series Blue Chip Growth Fund (b)
16,227,635
321,956,286
Fidelity Series Commodity Strategy Fund (b)
136,424
11,754,273
Fidelity Series Growth Company Fund (b)
24,436,846
585,751,201
Fidelity Series Intrinsic Opportunities Fund (b)
9,084,727
96,570,649
Fidelity Series Large Cap Stock Fund (b)
25,079,436
575,573,050
Fidelity Series Large Cap Value Index Fund (b)
10,674,373
174,099,028
Fidelity Series Opportunistic Insights Fund (b)
14,492,465
350,572,738
Fidelity Series Small Cap Core Fund (b)
1,573,025
19,206,632
Fidelity Series Small Cap Discovery Fund (b)
4,994,984
54,345,431
Fidelity Series Small Cap Opportunities Fund (b)
8,983,999
131,435,905
Fidelity Series Stock Selector Large Cap Value Fund (b)
28,354,152
388,451,876
Fidelity Series Value Discovery Fund (b)
22,991,269
356,364,673
TOTAL DOMESTIC EQUITY FUNDS
(Cost $2,623,174,607)
3,180,223,278
International Equity Funds - 38.9%
Shares
Value ($)
Fidelity Series Canada Fund (b)
10,939,250
171,527,443
Fidelity Series Emerging Markets Fund (b)
16,272,420
141,244,603
Fidelity Series Emerging Markets Opportunities Fund (b)
31,406,683
575,370,425
Fidelity Series International Growth Fund (b)
25,067,951
436,934,382
Fidelity Series International Small Cap Fund (b)
4,948,937
80,172,785
Fidelity Series International Value Fund (b)
36,878,059
439,586,464
Fidelity Series Overseas Fund (b)
32,594,059
438,064,155
TOTAL INTERNATIONAL EQUITY FUNDS
(Cost $2,124,584,364)
2,282,900,257
U.S. Treasury Obligations - 0.2%
Yield (%) (c)
Principal
Amount (a)
Value ($)
US Treasury Bills 0% 1/16/2025 (d)
4.56 to 4.58
40,000
39,934
US Treasury Bills 0% 1/2/2025 (d)
4.52 to 4.55
1,250,000
1,250,000
US Treasury Bills 0% 1/23/2025 (d)
4.55
4,720,000
4,708,313
US Treasury Bills 0% 1/30/2025 (d)
4.45 to 4.51
7,010,000
6,986,938
US Treasury Bills 0% 1/9/2025 (d)
4.58
410,000
409,664
US Treasury Bills 0% 2/27/2025 (d)
4.45
710,000
705,338
US Treasury Bills 0% 2/6/2025 (d)
4.47
110,000
109,548
US Treasury Bills 0% 3/13/2025 (d)
4.30 to 4.33
440,000
436,424
US Treasury Bills 0% 3/27/2025 (d)
4.28
1,590,000
1,574,456
US Treasury Bills 0% 3/6/2025 (d)
4.39
70,000
69,487
TOTAL U.S. TREASURY OBLIGATIONS
(Cost $16,285,976)
16,290,102
Money Market Funds - 0.0%
Yield (%)
Shares
Value ($)
Fidelity Cash Central Fund (e)
(Cost $3,917,052)
4.36
3,916,270
3,917,053
TOTAL INVESTMENT IN SECURITIES - 99.9%
(Cost $5,222,518,325)
5,868,166,273
NET OTHER ASSETS (LIABILITIES) - 0.1%
3,170,348
NET ASSETS - 100.0%
5,871,336,621
Futures Contracts
Number
of contracts
Expiration
Date
Notional
Amount ($)
Value ($)
Unrealized
Appreciation/
(Depreciation) ($)
Purchased
Equity Contracts
ICE MSCI EAFE Index Contracts (United States)
442
Mar 2025
50,111,750
(1,658,717)
(1,658,717)
ICE MSCI Emerging Markets Index Contracts (United States)
1,680
Mar 2025
90,199,200
(3,125,029)
(3,125,029)
TOTAL EQUITY CONTRACTS
(4,783,746)
Interest Rate Contracts
CBOT 10-Year U.S. Treasury Note Contracts (United States)
955
Mar 2025
103,856,250
(881,771)
(881,771)
CBOT Long Term U.S. Treasury Bond Contracts (United States)
1,171
Mar 2025
133,311,031
(4,202,227)
(4,202,227)
TOTAL INTEREST RATE CONTRACTS
(5,083,998)
TOTAL PURCHASED
(9,867,744)
Sold
Equity Contracts
CME E-mini S&P 500 Index Contracts (United States)
369
Mar 2025
109,514,588
3,555,366
3,555,366
TOTAL FUTURES CONTRACTS
(6,312,378)
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 1.9%
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 $16,105,102.
(e)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
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
5,060,072
121,458,326
122,601,263
302,841
(82)
-
3,917,053
3,916,270
0.0%
Total
5,060,072
121,458,326
122,601,263
302,841
(82)
-
3,917,053
3,916,270
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
2,621,908
41,741,918
8,883,355
708,825
39,322
(181,310)
35,338,483
3,658,228
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
2,729,034
403,489
336,030
95,775
4,394
(85,839)
2,715,048
368,392
Fidelity Series All-Sector Equity Fund
103,456,206
20,185,351
16,034,451
7,436,813
2,240,278
4,294,152
114,141,536
9,116,736
Fidelity Series Blue Chip Growth Fund
286,371,241
86,401,661
82,406,439
28,995,207
11,086,266
20,503,557
321,956,286
16,227,635
Fidelity Series Canada Fund
156,335,253
34,780,275
23,570,229
5,091,301
4,181,505
(199,361)
171,527,443
10,939,250
Fidelity Series Commodity Strategy Fund
36,981,141
14,815,656
37,965,040
1,435,494
(18,513,998)
16,436,514
11,754,273
136,424
Fidelity Series Emerging Markets Debt Fund
28,242,450
5,321,104
3,647,357
1,258,150
167,631
34,461
30,118,289
3,812,442
Fidelity Series Emerging Markets Debt Local Currency Fund
8,994,633
1,266,976
1,013,075
405,818
16,946
(447,371)
8,818,109
1,031,358
Fidelity Series Emerging Markets Fund
147,177,784
20,998,989
25,944,781
3,935,626
984,882
(1,972,271)
141,244,603
16,272,420
Fidelity Series Emerging Markets Opportunities Fund
593,607,099
86,843,834
123,340,918
11,727,998
(534,862)
18,795,272
575,370,425
31,406,683
Fidelity Series Floating Rate High Income Fund
5,359,574
1,000,162
667,172
385,050
6,647
(36,028)
5,663,183
629,243
Fidelity Series Government Money Market Fund
81,169
5,391,616
5,472,785
61,352
-
-
-
-
Fidelity Series Growth Company Fund
534,506,206
167,556,665
151,153,364
68,805,306
18,879,075
15,962,619
585,751,201
24,436,846
Fidelity Series High Income Fund
28,856,126
7,078,267
4,544,351
1,575,534
93,521
464,674
31,948,237
3,710,597
Fidelity Series International Credit Fund
240,874
11,621
14,063
11,621
(703)
3,560
241,289
29,247
Fidelity Series International Developed Markets Bond Index Fund
-
59,830,651
3,438,365
930,739
7,775
(1,339,952)
55,060,109
6,343,331
Fidelity Series International Growth Fund
444,205,149
87,216,832
66,383,320
18,010,363
7,899,830
(36,004,109)
436,934,382
25,067,951
Fidelity Series International Small Cap Fund
83,068,824
16,532,296
13,498,389
7,609,110
1,134,852
(7,064,798)
80,172,785
4,948,937
Fidelity Series International Value Fund
447,721,642
82,747,880
67,331,573
19,729,473
8,096,324
(31,647,809)
439,586,464
36,878,059
Fidelity Series Intrinsic Opportunities Fund
100,574,446
26,898,223
20,497,962
11,646,340
(2,478,900)
(7,925,158)
96,570,649
9,084,727
Fidelity Series Investment Grade Bond Fund
-
8,774,236
8,821,416
25,241
47,180
-
-
-
Fidelity Series Large Cap Stock Fund
503,699,878
126,195,033
80,912,303
43,859,399
13,385,717
13,204,725
575,573,050
25,079,436
Fidelity Series Large Cap Value Index Fund
158,101,316
42,964,890
30,859,659
5,064,133
4,075,801
(183,320)
174,099,028
10,674,373
Fidelity Series Long-Term Treasury Bond Index Fund
268,770,859
42,044,400
89,353,747
6,443,556
(20,545,657)
8,322,891
209,238,746
39,404,660
Fidelity Series Opportunistic Insights Fund
318,532,284
77,744,083
72,380,379
22,232,282
8,920,989
17,755,761
350,572,738
14,492,465
Fidelity Series Overseas Fund
445,382,051
71,565,797
59,257,140
9,708,694
8,684,839
(28,311,392)
438,064,155
32,594,059
Fidelity Series Real Estate Income Fund
5,369,464
912,869
673,638
297,758
18,026
67,369
5,694,090
579,846
Fidelity Series Short-Term Credit Fund
826,408
-
822,213
948
17,099
(21,294)
-
-
Fidelity Series Small Cap Core Fund
13,938,584
7,324,391
2,349,093
232,829
178,314
114,436
19,206,632
1,573,025
Fidelity Series Small Cap Discovery Fund
43,621,543
27,430,074
9,720,338
4,783,421
250,371
(7,236,219)
54,345,431
4,994,984
Fidelity Series Small Cap Opportunities Fund
147,618,727
43,675,300
55,108,527
13,435,819
3,380,998
(8,130,593)
131,435,905
8,983,999
Fidelity Series Stock Selector Large Cap Value Fund
352,696,194
116,355,763
74,191,102
35,847,248
7,689,377
(14,098,356)
388,451,876
28,354,152
Fidelity Series Value Discovery Fund
315,032,776
112,483,165
65,062,451
13,885,832
6,178,564
(12,267,381)
356,364,673
22,991,269
5,584,720,843
1,444,493,467
1,205,655,025
345,673,055
65,592,403
(41,192,570)
5,847,959,118
393,820,774
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.
