N-Q 1 filing906.htm PRIMARY DOCUMENT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY


Investment Company Act file number   811-215


Fidelity Hastings Street Trust

(Exact name of registrant as specified in charter)


245 Summer St., Boston, Massachusetts  02210

(Address of principal executive offices)       (Zip code)


William C. Coffey, Secretary

245 Summer St.

Boston, Massachusetts  02210

(Name and address of agent for service)



Registrant's telephone number, including area code:

617-563-7000



Date of fiscal year end:

December 31



Date of reporting period:

September 30, 2018


Item 1.

Schedule of Investments






Quarterly Holdings Report
for

Fidelity® Series Emerging Markets Debt Fund

September 30, 2018







SED-QTLY-1118
1.924256.107





Schedule of Investments September 30, 2018 (Unaudited)

Showing Percentage of Net Assets

Nonconvertible Bonds - 34.0%   
 Principal Amount(a) Value 
Argentina - 3.7%   
Aeropuertos Argentina 2000 SA 6.875% 2/1/27 (b) $3,060,000 $2,943,720 
Banco Hipotecario SA 9.75% 11/30/20 (b) 11,154,000 11,070,345 
Banco Macro SA 6.75% 11/4/26 (b)(c) 7,395,000 6,174,899 
Inversiones y Representaciones SA 11.5% 7/20/20 (Reg. S) 10,000 10,250 
IRSA Propiedades Comerciales SA 8.75% 3/23/23 (b) 4,600,000 4,554,000 
Pan American Energy LLC 7.875% 5/7/21 (b) 3,341,000 3,400,136 
Petrobras Energia SA 7.375% 7/21/23 (b) 3,785,000 3,510,625 
Transportadora de Gas del Sur SA 6.75% 5/2/25 (b) 3,145,000 3,019,200 
YPF SA 8.75% 4/4/24 (b) 13,655,000 13,603,794 
TOTAL ARGENTINA  48,286,969 
Austria - 0.2%   
JBS Investments GmbH 7.75% 10/28/20 (b) 3,050,000 3,112,190 
Azerbaijan - 0.6%   
Southern Gas Corridor CJSC 6.875% 3/24/26 (b) 6,565,000 7,288,568 
Bahrain - 0.2%   
The Oil and Gas Holding Co. 7.5% 10/25/27 (b) 2,800,000 2,758,224 
Bangladesh - 0.9%   
Banglalink Digital Communications Ltd.:   
8.625% 5/6/19 (b) 12,060,000 12,120,300 
8.625% 5/6/19 (Reg. S) 200,000 201,000 
TOTAL BANGLADESH  12,321,300 
Bermuda - 1.1%   
Kosmos Energy Ltd.:   
7.875% 8/1/21 (b) 7,895,000 8,033,163 
7.875% 8/1/21 (b) 5,658,000 5,757,015 
TOTAL BERMUDA  13,790,178 
British Virgin Islands - 0.9%   
1MDB Global Investments Ltd. 4.4% 3/9/23 11,700,000 11,044,999 
Canada - 0.3%   
First Quantum Minerals Ltd. 7.25% 4/1/23 (b) 1,370,000 1,304,925 
Frontera Energy Corp. 9.7% 6/25/23 (b) 2,815,000 2,952,231 
TOTAL CANADA  4,257,156 
Cayman Islands - 1.2%   
Cementos Progreso Trust 7.125% 11/6/23 (b) 1,135,000 1,176,144 
Comcel Trust 6.875% 2/6/24 (b) 3,460,000 3,537,850 
CSN Islands XI Corp. 6.875% 9/21/19 (b) 6,440,000 6,407,800 
Odebrecht Finance Ltd. 7.125% 6/26/42 (b) 11,905,000 4,107,225 
Sparc Em Spc 0% 12/5/22 (b) 465,000 426,010 
TOTAL CAYMAN ISLANDS  15,655,029 
Dominican Republic - 0.2%   
Banco de Reservas de La Republica Dominicana 7% 2/1/23 (b) 2,570,000 2,608,576 
Georgia - 0.7%   
Georgian Oil & Gas Corp. 6.75% 4/26/21 (b) 2,535,000 2,597,663 
JSC BGEO Group 6% 7/26/23 (b) 4,515,000 4,403,028 
JSC Georgian Railway 7.75% 7/11/22 (b) 1,790,000 1,897,024 
TOTAL GEORGIA  8,897,715 
Indonesia - 0.9%   
PT Bukit Makmur Mandiri Utama 7.75% 2/13/22 (b) 4,085,000 4,126,557 
PT Pertamina Persero:   
5.625% 5/20/43 (b) 2,634,000 2,593,850 
6% 5/3/42 (b) 2,895,000 2,968,547 
6.5% 5/27/41 (b) 2,115,000 2,310,860 
TOTAL INDONESIA  11,999,814 
Ireland - 0.3%   
Borets Finance DAC 6.5% 4/7/22 (b) 1,485,000 1,447,875 
C&W Senior Financing Designated Activity Co. 6.875% 9/15/27 (b) 1,520,000 1,516,200 
CBOM Finance PLC 5.55% 2/14/23 (b) 1,085,000 995,488 
TOTAL IRELAND  3,959,563 
Kazakhstan - 0.2%   
KazMunaiGaz Finance Sub BV 6.375% 10/24/48 (b) 1,875,000 1,966,163 
Korea (South) - 0.1%   
Export-Import Bank of Korea 6.2% 8/7/21 (b) INR125,400,000 1,619,934 
Luxembourg - 1.8%   
CSN Resources SA 6.5% 7/21/20 (b) 6,175,000 5,983,575 
EVRAZ Group SA 8.25% 1/28/21 (Reg. S) 2,055,000 2,164,943 
Rumo Luxembourg Sarl 7.375% 2/9/24 (b) 5,760,000 5,884,704 
SB Capital SA 5.5% 2/26/24 (b)(c) 2,030,000 2,019,850 
Sistema International Funding SA 6.95% 5/17/19 (b) 6,770,000 6,759,845 
TOTAL LUXEMBOURG  22,812,917 
Mexico - 8.1%   
America Movil S.A.B. de CV 6.45% 12/5/22 MXN37,100,000 1,817,155 
Axtel S.A.B. de CV 6.375% 11/14/24 (b) 2,040,000 2,012,378 
CEMEX S.A.B. de CV 7.75% 4/16/26 (b) 2,000,000 2,187,500 
Credito Real S.A.B. de CV 7.5% 3/13/19 (b) 2,410,000 2,443,138 
Metalsa SA de CV 4.9% 4/24/23 (b) 6,335,000 6,129,113 
Pemex Project Funding Master Trust:   
6.625% 6/15/35 15,365,000 15,265,128 
6.625% 6/15/38 285,000 273,600 
8.625% 12/1/23 (c) 320,000 362,334 
Petroleos Mexicanos:   
4.625% 9/21/23 2,020,000 2,001,820 
4.875% 1/24/22 3,170,000 3,206,455 
4.875% 1/18/24 1,380,000 1,374,480 
5.5% 1/21/21 1,885,000 1,945,150 
6.375% 1/23/45 10,150,000 9,398,900 
6.5% 6/2/41 27,680,000 25,950,000 
6.625% (b)(d) 3,880,000 3,608,400 
6.75% 9/21/47 13,617,000 12,993,205 
6.875% 8/4/26 2,570,000 2,711,093 
TV Azteca SA de CV 8.25% 8/9/24 (Reg. S) 11,872,000 11,890,876 
TOTAL MEXICO  105,570,725 
Mongolia - 0.5%   
Trade and Development Bank of Mongolia LLC 9.375% 5/19/20 (b) 5,703,000 6,039,631 
Netherlands - 4.6%   
Cimpor Financial Operations BV 5.75% 7/17/24 (b) 2,872,000 2,024,789 
GTH Finance BV 7.25% 4/26/23 (b) 6,260,000 6,510,400 
Metinvest BV 7.75% 4/23/23 (b) 12,875,000 12,353,897 
Nostrum Oil & Gas Finance BV 8% 7/25/22 (b) 11,462,000 10,877,438 
Petrobras Global Finance BV 8.75% 5/23/26 22,035,000 24,128,325 
VTR Finance BV 6.875% 1/15/24 (b) 3,025,000 3,077,938 
TOTAL NETHERLANDS  58,972,787 
Nigeria - 1.9%   
Access Bank PLC:   
9.25% 6/24/21 (b)(c) 2,925,000 2,916,225 
10.5% 10/19/21 (b) 605,000 641,966 
Fidelity Bank PLC 10.5% 10/16/22 (b) 3,285,000 3,348,795 
Zenith Bank PLC:   
6.25% 4/22/19 (b) 10,315,000 10,356,260 
7.375% 5/30/22 (b) 7,135,000 7,199,643 
TOTAL NIGERIA  24,462,889 
Singapore - 0.3%   
Indika Energy Capital II Pte. Ltd. 6.875% 4/10/22 (b) 4,050,000 4,059,574 
Trinidad & Tobago - 0.1%   
Petroleum Co. of Trinidad & Tobago Ltd. 9.75% 8/14/19 (Reg. S) 1,920,000 1,785,600 
Tunisia - 0.2%   
Banque Centrale de Tunisie 5.75% 1/30/25 (b) 2,230,000 1,962,400 
Turkey - 1.3%   
Akbank TAS/Ak Finansal Kiralama A/S 7.2% 3/16/27 (b)(c) 1,800,000 1,484,802 
Export Credit Bank of Turkey 5.875% 4/24/19 (b) 1,255,000 1,239,004 
Petkim Petrokimya Holding A/S 5.875% 1/26/23 (b) 3,980,000 3,661,600 
T.C. Ziraat Bankasi A/S 4.25% 7/3/19 (b) 725,000 701,075 
Turkiye Garanti Bankasi A/S:   
4.75% 10/17/19 (b) 840,000 820,042 
6.125% 5/24/27 (b)(c) 1,970,000 1,644,595 
Turkiye Ihracat Kredi Bankasi A/S 6.125% 5/3/24 (b) 710,000 635,315 
Turkiye Vakiflar Bankasi TAO:   
5% 10/31/18 910,000 903,095 
5.75% 1/30/23 (b) 3,260,000 2,787,300 
6.875% 2/3/25 (Reg. S) (c) 4,525,000 3,393,750 
TOTAL TURKEY  17,270,578 
United Kingdom - 2.2%   
Biz Finance PLC 9.625% 4/27/22 (b) 5,750,000 5,849,475 
DTEK Finance PLC 10.75% 12/31/24 pay-in-kind (c) 7,570,000 7,627,986 
Ferrexpo Finance PLC:   
10.375% 4/7/19 (b) 485,000 497,125 
10.375% 4/7/19 (b) 400,000 410,000 
10.375% 4/7/19 (Reg. S) 1,177,500 1,206,938 
10.375% 4/7/19 (Reg. S) 1,790,000 1,834,750 
Polyus Finance PLC 5.25% 2/7/23 (b) 3,865,000 3,711,328 
Vedanta Resources PLC:   
6.375% 7/30/22 (b) 4,365,000 4,201,313 
8.25% 6/7/21 (b) 2,670,000 2,750,100 
TOTAL UNITED KINGDOM  28,089,015 
United States of America - 0.8%   
Azul Investments LLP 5.875% 10/26/24 (b) 1,865,000 1,613,617 
Citgo Holding, Inc. 10.75% 2/15/20 (b) 1,605,000 1,701,300 
Stillwater Mining Co. 6.125% 6/27/22 (b) 7,325,000 7,053,243 
TOTAL UNITED STATES OF AMERICA  10,368,160 
Venezuela - 0.7%   
Petroleos de Venezuela SA:   
5.375% 4/12/27 (e) 6,115,000 1,323,898 
5.5% 4/12/37 (e) 3,475,000 764,500 
6% 5/16/24 (b)(e) 6,830,000 1,493,721 
6% 11/15/26 (b)(e) 10,145,000 2,181,175 
9.75% 5/17/35 (b)(e) 12,585,000 2,957,475 
12.75% 2/17/22 (b)(e) 3,065,000 737,133 
TOTAL VENEZUELA  9,457,902 
TOTAL NONCONVERTIBLE BONDS   
(Cost $460,780,198)  440,418,556 
Government Obligations - 54.2%   
Angola - 0.1%   
Angola Republic 9.375% 5/8/48 (b) 1,270,000 1,340,815 
Argentina - 9.6%   
Argentine Republic:   
6.875% 4/22/21 37,325,000 35,645,351 
7.5% 4/22/26 36,465,000 32,508,548 
7.625% 4/22/46 8,425,000 6,832,759 
Buenos Aires Province:   
6.5% 2/15/23 (b) 660,000 575,857 
9.95% 6/9/21 (b) 5,680,000 5,562,424 
10.875% 1/26/21 (b) 7,015,000 7,015,000 
10.875% 1/26/21 (Reg. S) 16,085,000 16,085,000 
City of Buenos Aires 8.95% 2/19/21 (b) 275,000 275,000 
Province of Santa Fe 7% 3/23/23 (b) 7,465,000 6,606,600 
Provincia de Cordoba:   
7.125% 6/10/21 (b) 10,085,000 9,379,050 
7.45% 9/1/24 (b) 4,450,000 3,805,640 
TOTAL ARGENTINA  124,291,229 
Armenia - 0.4%   
Republic of Armenia:   
6% 9/30/20 (b) 3,896,000 3,963,011 
7.15% 3/26/25 (b) 1,105,000 1,164,946 
TOTAL ARMENIA  5,127,957 
Barbados - 0.1%   
Barbados Government:   
7% 8/4/22 (b)(e) 2,235,000 1,184,550 
7.25% 12/15/21 (b)(e) 185,000 98,050 
TOTAL BARBADOS  1,282,600 
Belarus - 0.7%   
Belarus Republic:   
6.875% 2/28/23 (b) 5,940,000 6,226,546 
7.625% 6/29/27 (b) 2,990,000 3,187,460 
TOTAL BELARUS  9,414,006 
Brazil - 2.4%   
Brazilian Federative Republic:   
5.625% 1/7/41 12,725,000 11,567,152 
5.625% 2/21/47 4,300,000 3,807,693 
8.25% 1/20/34 10,110,000 11,853,975 
10% 1/1/21 BRL16,205,000 4,059,526 
TOTAL BRAZIL  31,288,346 
Cameroon - 0.4%   
Cameroon Republic 9.5% 11/19/25 (b) 5,085,000 5,352,207 
Colombia - 0.7%   
Colombian Republic:   
6.125% 1/18/41 1,025,000 1,160,813 
7.375% 9/18/37 1,360,000 1,713,600 
10.375% 1/28/33 3,889,000 5,930,725 
TOTAL COLOMBIA  8,805,138 
Costa Rica - 0.1%   
Costa Rican Republic 7.158% 3/12/45 (b) 1,650,000 1,446,803 
Dominican Republic - 1.6%   
Dominican Republic:   
5.5% 1/27/25 (b) 1,900,000 1,907,125 
5.95% 1/25/27 (b) 2,870,000 2,923,095 
6% 7/19/28 (b) 1,825,000 1,855,934 
6.6% 1/28/24 (b) 2,575,000 2,714,617 
6.85% 1/27/45 (b) 2,645,000 2,678,063 
6.875% 1/29/26 (b) 3,725,000 3,976,214 
7.45% 4/30/44 (b) 3,855,000 4,105,575 
TOTAL DOMINICAN REPUBLIC  20,160,623 
Ecuador - 1.3%   
Ecuador Republic:   
7.875% 1/23/28 (b) 2,070,000 1,862,379 
8.875% 10/23/27 (b) 8,890,000 8,433,943 
9.65% 12/13/26 (b) 4,795,000 4,774,382 
10.75% 3/28/22 (b) 1,110,000 1,179,375 
TOTAL ECUADOR  16,250,079 
Egypt - 2.7%   
Arab Republic of Egypt:   
5.577% 2/21/23 (b) 3,490,000 3,384,323 
5.875% 6/11/25 1,730,000 1,651,735 
5.875% 6/11/25 (b) 1,225,000 1,169,581 
6.125% 1/31/22 (b) 15,690,000 15,695,962 
7.5% 1/31/27 (b) 1,925,000 1,958,811 
7.903% 2/21/48 (b) 2,505,000 2,386,013 
8.5% 1/31/47 (b) 8,135,000 8,152,555 
TOTAL EGYPT  34,398,980 
El Salvador - 0.9%   
El Salvador Republic:   
7.375% 12/1/19 (b) 7,715,000 7,850,013 
7.625% 2/1/41 (b) 850,000 818,253 
7.65% 6/15/35 (Reg. S) 745,000 722,926 
7.75% 1/24/23 (b) 2,730,000 2,850,338 
TOTAL EL SALVADOR  12,241,530 
Gabon - 0.3%   
Gabonese Republic 6.375% 12/12/24 (b) 4,245,000 4,007,195 
Ghana - 0.1%   
Ghana Republic 8.627% 6/16/49 (b) 1,830,000 1,830,000 
Indonesia - 2.1%   
Indonesian Republic:   
5.25% 1/17/42 (b) 1,700,000 1,732,545 
6.625% 2/17/37 (b) 2,700,000 3,158,911 
6.75% 1/15/44 (b) 2,585,000 3,145,904 
7.75% 1/17/38 (b) 7,170,000 9,393,130 
8.5% 10/12/35 (Reg. S) 7,295,000 9,994,084 
TOTAL INDONESIA  27,424,574 
Iraq - 1.4%   
Republic of Iraq:   
5.8% 1/15/28 (Reg. S) 15,435,000 14,609,691 
6.752% 3/9/23 (b) 3,475,000 3,469,857 
TOTAL IRAQ  18,079,548 
Ivory Coast - 0.2%   
Ivory Coast 5.75% 12/31/32 3,201,425 3,026,755 
Jordan - 0.1%   
Jordanian Kingdom 7.375% 10/10/47 (b) 1,840,000 1,729,600 
Kenya - 0.3%   
Republic of Kenya:   
6.875% 6/24/24 (b) 1,350,000 1,353,375 
7.25% 2/28/28 (b) 1,365,000 1,327,463 
8.25% 2/28/48 (b) 780,000 752,762 
TOTAL KENYA  3,433,600 
Lebanon - 3.3%   
Lebanese Republic:   
5.15% 11/12/18 14,015,000 13,899,516 
5.45% 11/28/19 9,215,000 8,720,892 
5.5% 4/23/19 2,325,000 2,264,550 
5.8% 4/14/20 2,135,000 1,984,312 
6% 5/20/19 11,185,000 10,882,110 
6% 1/27/23 2,925,000 2,471,976 
6.375% 3/9/20 2,570,000 2,426,337 
TOTAL LEBANON  42,649,693 
Mexico - 0.5%   
United Mexican States:   
6.05% 1/11/40 3,503,000 3,888,330 
6.5% 6/9/22 MXN59,150,000 3,033,263 
TOTAL MEXICO  6,921,593 
Mongolia - 0.4%   
Mongolian People's Republic 8.75% 3/9/24 (b) 4,485,000 4,904,948 
Morocco - 0.1%   
Moroccan Kingdom 4.25% 12/11/22 (b) 750,000 750,563 
Netherlands - 0.2%   
Republic of Angola 7% 8/17/19 (Issued by Northern Lights III BV for Republic of Angola) (Reg. S) 2,143,750 2,161,972 
Nigeria - 0.3%   
Republic of Nigeria:   
7.143% 2/23/30 (b) 1,360,000 1,326,408 
7.625% 11/28/47 (b) 1,760,000 1,684,285 
7.696% 2/23/38 (b) 1,350,000 1,321,434 
TOTAL NIGERIA  4,332,127 
Oman - 0.3%   
Sultanate of Oman:   
6.5% 3/8/47 (b) 1,125,000 1,068,939 
6.75% 1/17/48 (b) 3,375,000 3,282,593 
TOTAL OMAN  4,351,532 
Pakistan - 1.6%   
Islamic Republic of Pakistan:   
6.75% 12/3/19 (b) 5,965,000 5,972,337 
7.25% 4/15/19 (b) 11,420,000 11,429,296 
8.25% 4/15/24 (b) 3,450,000 3,600,144 
TOTAL PAKISTAN  21,001,777 
Papua New Guinea - 0.1%   
Papua New Guinea 8.375% 10/4/28 (b) 860,000 870,750 
Peru - 0.3%   
Peruvian Republic 4% 3/7/27 (f) 3,350,000 3,306,403 
Qatar - 0.1%   
State of Qatar 4.5% 4/23/28 (b) 1,830,000 1,883,070 
Russia - 2.6%   
Russian Federation:   
5.25% 6/23/47 (b) 10,600,000 10,156,772 
5.625% 4/4/42 (b) 4,100,000 4,307,706 
5.875% 9/16/43 (b) 2,340,000 2,531,768 
7.6% 7/20/22 RUB223,730,000 3,377,231 
12.75% 6/24/28 (Reg. S) 7,980,000 12,771,655 
TOTAL RUSSIA  33,145,132 
Rwanda - 0.3%   
Rwanda Republic 6.625% 5/2/23 (b) 3,285,000 3,327,705 
Senegal - 0.1%   
Republic of Senegal 6.75% 3/13/48 (b) 1,965,000 1,756,789 
South Africa - 0.5%   
South African Republic:   
4.875% 4/14/26 1,270,000 1,210,574 
5.875% 9/16/25 1,235,000 1,254,884 
5.875% 6/22/30 1,405,000 1,396,800 
10.5% 12/21/26 ZAR27,190,000 2,082,524 
TOTAL SOUTH AFRICA  5,944,782 
Sri Lanka - 0.9%   
Democratic Socialist Republic of Sri Lanka:   
5.125% 4/11/19 (b) 1,975,000 1,968,271 
5.75% 4/18/23 (b) 3,050,000 2,967,501 
6.2% 5/11/27 (b) 1,320,000 1,237,301 
6.25% 10/4/20 (b) 2,125,000 2,138,339 
6.25% 7/27/21 (b) 1,620,000 1,622,858 
6.825% 7/18/26 (b) 930,000 912,930 
6.85% 11/3/25 (b) 1,250,000 1,233,900 
TOTAL SRI LANKA  12,081,100 
Turkey - 6.0%   
Turkish Republic:   
5.125% 3/25/22 2,730,000 2,592,086 
5.625% 3/30/21 7,605,000 7,449,098 
5.75% 5/11/47 1,720,000 1,340,362 
6% 3/25/27 2,800,000 2,548,370 
6.25% 9/26/22 26,755,000 26,192,289 
6.75% 5/30/40 5,265,000 4,695,917 
6.875% 3/17/36 8,420,000 7,658,832 
7% 3/11/19 4,575,000 4,600,163 
7% 6/5/20 5,265,000 5,315,807 
7.25% 3/5/38 6,620,000 6,255,900 
7.375% 2/5/25 6,930,000 6,998,053 
8% 2/14/34 2,250,000 2,290,703 
TOTAL TURKEY  77,937,580 
Ukraine - 5.9%   
Ukraine Government:   
7.75% 9/1/19 (b) 5,490,000 5,525,213 
7.75% 9/1/20 (b) 11,410,000 11,495,575 
7.75% 9/1/21 (b) 31,337,000 31,572,028 
7.75% 9/1/22 (b) 27,792,000 27,710,292 
TOTAL UKRAINE  76,303,108 
United States of America - 3.0%   
U.S. Treasury Bonds 3% 2/15/48 16,850,000 16,208,910 
U.S. Treasury Notes 2% 11/15/26 24,467,000 22,642,488 
TOTAL UNITED STATES OF AMERICA  38,851,398 
Uruguay - 0.2%   
Uruguay Republic 7.875% 1/15/33 pay-in-kind 1,500,000 2,045,505 
Venezuela - 1.0%   
Venezuelan Republic:   
9.25% 9/15/27 (e) 27,690,000 7,523,373 
11.95% 8/5/31 (Reg. S) (e) 18,465,000 5,053,871 
12.75% 8/23/22 (e) 3,625,000 984,913 
TOTAL VENEZUELA  13,562,157 
Vietnam - 1.0%   
Vietnamese Socialist Republic:   
6 month U.S. LIBOR + 0.813% 3.375% 3/13/28 (c)(g)(h) 425,000 382,538 
5.5% 3/12/28 12,776,000 12,505,839 
TOTAL VIETNAM  12,888,377 
TOTAL GOVERNMENT OBLIGATIONS   
(Cost $735,787,772)  701,909,646 
Supranational Obligations - 0.3%   
European Bank for Reconstruction & Development 6% 5/4/20 (Reg. S)
(Cost $4,064,933) 
INR265,300,000 3,553,359 
 Shares Value 
Common Stocks - 0.0%   
Canada - 0.0%   
Frontera Energy Corp. (i)   
(Cost $54,234) 33,896 479,186 
 Principal Amount(a) Value 
Preferred Securities - 3.0%   
Brazil - 0.3%   
Itau Unibanco Holding SA 6.125% (b)(c)(d) 4,215,000 3,987,724 
Cayman Islands - 1.7%   
Banco Do Brasil SA 9% (b)(c)(d) 9,105,000 9,173,467 
Cosan Overseas Ltd. 8.25% (d) 8,830,000 8,876,610 
Odebrecht Finance Ltd.:   
7.5% (b)(d) 10,715,000 3,734,207 
7.5% (Reg. S) (d) 300,000 104,551 
TOTAL CAYMAN ISLANDS  21,888,835 
Colombia - 0.2%   
Colombia Telecomunicaciones SA 8.5% (b)(c)(d) 2,595,000 2,660,484 
Ireland - 0.5%   
Alfa Bond Issuance PLC 8% (Reg. S) (c)(d) 4,660,000 4,443,898 
Tinkoff Credit Systems 9.25% (Reg. S) (c)(d) 2,580,000 2,519,565 
TOTAL IRELAND  6,963,463 
Mexico - 0.3%   
Banco Mercantil del Norte SA 7.625% (b)(c)(d) 3,620,000 3,721,456 
TOTAL PREFERRED SECURITIES   
(Cost $42,438,206)  39,221,962 
 Shares Value 
Money Market Funds - 7.2%   
Fidelity Cash Central Fund, 2.11% (j)   
(Cost $92,899,660) 92,884,594 92,903,170 
TOTAL INVESTMENT IN SECURITIES - 98.7%   
(Cost $1,336,025,003)  1,278,485,879 
NET OTHER ASSETS (LIABILITIES) - 1.3%  16,814,629 
NET ASSETS - 100%  $1,295,300,508 

Currency Abbreviations

BRL – Brazilian real

INR – Indian rupee

MXN – Mexican peso

RUB – Russian ruble

ZAR – South African rand

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

Legend

 (a) Amount is stated in United States dollars unless otherwise noted.

 (b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $636,436,631 or 49.1% of net assets.

 (c) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

 (d) Security is perpetual in nature with no stated maturity date.

 (e) Non-income producing - Security is in default.

 (f) Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.

 (g) Level 3 security

 (h) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

 (i) Non-income producing

 (j) 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

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $1,005,169 
Total $1,005,169 

Amounts in the income column in the above table include any capital gain distributions from underlying funds.

Investment Valuation

The following is a summary of the inputs used, as of September 30, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs, and their aggregation into the levels used below, is provided later in this section.

 Valuation Inputs at Reporting Date: 
Description Total Level 1 Level 2 Level 3 
Investments in Securities:     
Equities:     
Energy $479,186 $479,186 $-- $-- 
Corporate Bonds 440,418,556 -- 440,418,556 -- 
Government Obligations 701,909,646 -- 701,527,108 382,538 
Supranational Obligations 3,553,359 -- 3,553,359 -- 
Preferred Securities 39,221,962 -- 39,221,962 -- 
Money Market Funds 92,903,170 92,903,170 -- -- 
Total Investments in Securities: $1,278,485,879 $93,382,356 $1,184,720,985 $382,538 

The following is a reconciliation of Investments in Securities for which Level 3 inputs were used in determining value:

Investments in Securities:  
Equities – Government Obligations  
Beginning Balance $16,919,163 
Net Realized Gain (Loss) on Investment Securities 29,832 
Net Unrealized Gain (Loss) on Investment Securities 504,696 
Cost of Purchases -- 
Proceeds of Sales (532,333) 
Amortization/Accretion 3,321 
Transfers into Level 3 -- 
Transfers out of Level 3 (16,542,141) 
Ending Balance $382,538 
The change in unrealized gain (loss) for the period attributable to Level 3 securities held at September 30, 2018 $2,196 
Equities – Other Investments in Securities  
Beginning Balance $5,102 
Net Realized Gain (Loss) on Investment Securities (6,220,276) 
Net Unrealized Gain (Loss) on Investment Securities 6,215,245 
Cost of Purchases -- 
Proceeds of Sales (71) 
Amortization/Accretion -- 
Transfers into Level 3 -- 
Transfers out of Level 3 -- 
Ending Balance $-- 
The change in unrealized gain (loss) for the period attributable to Level 3 securities held at September 30, 2018 $-- 

The information used in the above reconciliations represents fiscal year to date activity for any Investments in Securities identified as using Level 3 inputs at either the beginning or the end of the current fiscal period. Transfers into Level 3 were attributable to a lack of observable market data resulting from decreases in market activity, decreases in liquidity, security restructurings or corporate actions. Transfers out of level 3 were attributable to observable market data becoming available for those securities. Transfers in or out of Level 3 represent the beginning value of any Security or Instrument where a change in the pricing level occurred from the beginning to the end of the period. The cost of purchases and the proceeds of sales may include securities received or delivered through corporate actions or exchanges.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Corporate bonds, foreign government and government agency obligations, preferred securities, supranational obligations and U.S. government and government agency obligations are valued by pricing vendors 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 vendors. For foreign debt securities, when significant market or security specific market events arise, valuations may be determined in good faith in accordance with procedures adopted by the Board. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

The Fund invests a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Credit Risk.

The Fund's relatively large investment in countries with limited or developing capital markets may involve greater risks than investments in more developed markets and the prices of such investments may be volatile. The yields of emerging market debt obligations reflect, among other things, perceived credit risk. The consequences of political, social or economic changes in these markets may have disruptive effects on the market prices of the Fund's investments and the income they generate, as well as the Fund's ability to repatriate such amounts.

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.





Item 2.

Controls and Procedures


(a)(i)  The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Hastings Street Trusts (the Trust) disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.


(a)(ii)  There was no change in the Trusts internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the Trusts last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trusts internal control over financial reporting.


Item 3.

Exhibits


Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Fidelity Hastings Street Trust



By:

/s/Stacie M. Smith


Stacie M. Smith


President and Treasurer



Date:

November 28, 2018


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.



By:

/s/Stacie M. Smith


Stacie M. Smith


President and Treasurer



Date:

November 28, 2018



By:

/s/John J. Burke III


John J. Burke III


Chief Financial Officer



Date:

November 28, 2018