0001752724-22-044110.txt : 20220224 0001752724-22-044110.hdr.sgml : 20220224 20220224153035 ACCESSION NUMBER: 0001752724-22-044110 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220224 PERIOD START: 20220930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CHARLES STREET TRUST CENTRAL INDEX KEY: 0000354046 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03221 FILM NUMBER: 22670427 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY U S GOVERNMENT RESERVES FUND DATE OF NAME CHANGE: 19880201 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FEDERAL RESERVES DATE OF NAME CHANGE: 19820215 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY UNITED STATES TREASURY TRUST DATE OF NAME CHANGE: 19811020 0000354046 S000005459 Fidelity Asset Manager 20% C000014860 Fidelity Asset Manager 20% FASIX C000037751 Fidelity Advisor Asset Manager 20%: Class A FTAWX C000037753 Fidelity Advisor Asset Manager 20%: Class C FTCWX C000037754 Fidelity Advisor Asset Manager 20%: Class M FTDWX C000037755 Fidelity Advisor Asset Manager 20%: Class I FTIWX C000205014 Fidelity Advisor Asset Manager 20%: Class Z FIKVX NPORT-P 1 primary_doc.xml NPORT-P false 0000354046 XXXXXXXX S000005459 C000037755 C000037753 C000014860 C000037754 C000205014 C000037751 Fidelity Charles Street Trust 811-03221 0000354046 SG47DUH2I0FYWTB12921 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Asset Manager 20% S000005459 O39QJ0ALOI6DP02BRJ45 2022-09-30 2021-12-31 N 7024348040.95 2839236.56 7021508804.39 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 40035467.37000000 N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Real Estate Equity Central Fund 31606V674 811438.05000000 NS USD 129757058.58000000 1.847993959629 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity U.S. Equity Central Fund 31606V666 9604659.63750000 NS USD 1261091810.40000000 17.96041058314 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 02/24/2022 912796D30 3330000.00000000 PA USD 3329867.73000000 0.047423820474 Long DBT UST US N 2 2022-02-24 Fixed 0.00000000 N N N N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Inflation-Protected Bond Index Central Fund 31607D103 1538569.14600000 NS USD 163119100.86000000 2.323134605457 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 01/13/2022 912796K73 1060000.00000000 PA USD 1059995.58000000 0.015096407474 Long DBT UST US N 2 2022-01-13 Fixed 0.00000000 N N N N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity International Credit Central Fund 31607D202 903339.50680000 NS USD 90948221.54000000 1.295280317574 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 03/31/2022 912796N39 140000.00000000 PA USD 139982.18000000 0.001993619660 Long DBT UST US N 2 2022-03-31 Fixed 0.00000000 N N N N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity International Equity Central Fund 31606V716 2502781.04500000 NS USD 263617927.47000000 3.754434193761 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Floating Rate Central Fund 31606V708 2271521.90250000 NS USD 228628679.49000000 3.256118960458 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity High Income Central Fund 31606V690 462301.67610000 NS USD 53340367.39000000 0.759671017668 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 03/03/2022 912796L98 3370000.00000000 PA USD 3369737.65000000 0.047991646010 Long DBT UST US N 2 2022-03-03 Fixed 0.00000000 N N N N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Local Currency Central Fund 315808709 142474.90600000 NS USD 13297182.98000000 0.189377858099 Long EC RF US N 1 N N N Fidelity Garrison Street Trust GZF76QJ38YQDHAIO0Y79 Fidelity Money Market Central Fund 31635A402 1308367029.17500000 NS USD 1308236192.47000000 18.63183866766 Long EC RF US N 1 N N N Fidelity Oxford Street Trust II 549300OEP6Z1TBUGHH59 Fidelity Commodity Strategy Central Fund 316167303 17488338.65500000 NS USD 87266809.89000000 1.242849825032 Long EC RF US N 1 N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Central Fund 315808600 1851764.56600000 NS USD 16628845.80000000 0.236827244161 Long EC RF US N 1 N N N ICE FUTURES US N/A MSCI EAFE FUT MAR22 MFSH2 N/A -540.00000000 NC USD -1194191.56000000 -0.01700762034 N/A DE CORP US N 1 ICE FUTURES US N/A Short MSCI EAFE INDX(UN FOR FUTURES) EI09MXEA 2022-03-18 -61494408.44000000 USD -1194191.56000000 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 223761306.63600000 NS USD 223806058.90000000 3.187435423566 Long STIV RF US N 1 N N N CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 S and P500 EMINI FUT MAR22 ESH2 N/A -888.00000000 NC USD -2252821.78000000 -0.03208458242 N/A DE CORP US N 1 CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 Short S and P 500 INDX 783786106 2022-03-18 -209024578.22000000 USD -2252821.78000000 N N N ICE FUTURES US N/A MSCI EMGMKT FUT MAR22 MESH2 N/A -2642.00000000 NC USD -934578.44000000 -0.01331022243 N/A DE CORP US N 1 ICE FUTURES US N/A Short MSCI EMERGING MARKETS INDEX MXEF 2022-03-18 -161059651.56000000 USD -934578.44000000 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Emerging Markets Equity Central Fund 31606V682 658011.62700000 NS USD 162410429.78000000 2.313041745079 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Investment Grade Bond Central Fund 31606V500 24676467.89730000 NS USD 2815091457.72000000 40.09240088056 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 01/27/2022 912796C31 490000.00000000 PA USD 489991.02000000 0.006978429190 Long DBT UST US N 2 2022-01-27 Fixed 0.00000000 N N N N N N ISHARES CORE TOTAL USD BOND MARKET ETF 549300G3FWQPUM47D181 iShares 20+ Year Treasury Bond ETF 464287432 949561.00000000 NS USD 140715444.59000000 2.004062780666 Long EC RF US N 1 N N N UST BILLS N/A UST BILLS 0% 02/03/2022 912796K99 210000.00000000 PA USD 209994.58000000 0.002990732987 Long DBT UST US N 2 2022-02-03 Fixed 0.00000000 N N N N N N UST BILLS N/A UST BILLS 0% 03/10/2022 912796M97 15750000.00000000 PA USD 15748772.76000000 0.224293285086 Long DBT UST US N 2 2022-03-10 Fixed 0.00000000 N N N N N N 2022-01-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_328_20211231.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity Asset Manager® 20%
December 31, 2021
AMI-NPRT1-0322
1.811345.117
Equity Central Funds - 27.0%
 
  
Shares
Value ($)
 
Fidelity Commodity Strategy Central Fund (a)
  
14,832,049
74,011,925
Fidelity Emerging Markets Equity Central Fund (a)
  
658,057
162,421,591
Fidelity International Equity Central Fund (a)
  
2,517,246
265,141,494
Fidelity Real Estate Equity Central Fund (a)
  
817,546
130,733,704
Fidelity U.S. Equity Central Fund (a)
  
9,667,354
1,269,323,537
 
TOTAL EQUITY CENTRAL FUNDS
 (Cost $1,162,729,883)
  
  
1,901,632,251
 
  
  
  
Fixed-Income Central Funds - 48.5%
 
  
Shares
Value ($)
 
High Yield Fixed-Income Funds - 4.5%
 
  
  
Fidelity Emerging Markets Debt Central Fund (a)
  
1,888,822
16,961,617
Fidelity Emerging Markets Debt Local Currency Central Fund (a)
  
142,475
13,297,183
Fidelity Floating Rate Central Fund (a)
  
2,296,387
231,131,381
Fidelity High Income Central Fund (a)
  
467,955
53,992,652
TOTAL HIGH YIELD FIXED-INCOME FUNDS
  
  
315,382,833
Investment Grade Fixed-Income Funds - 44.0%
 
  
  
Fidelity Inflation-Protected Bond Index Central Fund (a)
  
1,550,554
164,389,690
Fidelity International Credit Central Fund (a)
  
910,268
91,645,826
Fidelity Investment Grade Bond Central Fund (a)
  
24,931,526
2,844,188,459
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS
  
  
3,100,223,975
 
TOTAL FIXED-INCOME CENTRAL FUNDS
 (Cost $3,152,365,325)
  
  
  
3,415,606,808
 
  
  
  
Money Market Central Funds - 22.2%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.08% (b)
  
257,689,415
257,740,953
Fidelity Money Market Central Fund 0.2% (b)
  
1,308,593,698
1,308,462,839
 
TOTAL MONEY MARKET CENTRAL FUNDS
 (Cost $1,566,321,901)
  
  
1,566,203,792
 
  
  
  
U.S. Treasury Obligations - 0.4%
 
  
Principal
Amount (c)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 0.04% to 0.06% 1/13/22 to 3/31/22 (d)
 
 (Cost $24,347,749)
 
  
24,350,000
24,348,342
 
  
  
  
Investment Companies - 2.0%
 
  
Shares
Value ($)
 
iShares 20+ Year Treasury Bond ETF
 
 (Cost $142,843,944)
 
  
949,561
140,715,444
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.1%
 (Cost $6,048,608,802)
 
  
 
7,048,506,637
NET OTHER ASSETS (LIABILITIES) - (0.1)%  
(7,128,494)
NET ASSETS - 100.0%
7,041,378,143
 
  
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Sold
  
  
  
  
  
 
  
  
  
  
  
Equity Index Contracts
  
  
  
  
  
CME E-mini S&P 500 Index Contracts (United States)
946
Mar 2022
225,077,050
(2,239,813)
(2,239,813)
ICE E-mini MSCI EAFE Index Contracts (United States)
600
Mar 2022
69,654,000
(1,183,984)
(1,183,984)
ICE E-mini MSCI Emerging Markets Index Contracts (United States)
2,642
Mar 2022
161,994,230
(934,578)
(934,578)
 
  
  
  
  
  
TOTAL FUTURES CONTRACTS
  
  
  
  
(4,358,375)
The notional amount of futures sold as a percentage of Net Assets is 6.5%
 
Security Type Abbreviations
ETF
-
EXCHANGE-TRADED FUND
 
Legend
 
(a)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-PORT and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
(b)
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.
 
(c)
Amount is stated in United States dollars unless otherwise noted.
 
(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 $24,348,341.
 
 
 
 
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 0.08%
426,692,704
185,467,262
354,419,013
49,264
-
-
257,740,953
0.5%
Fidelity Commodity Strategy Central Fund
92,939,665
7,597,840
25,918,312
-
(401,811)
(205,457)
74,011,925
11.4%
Fidelity Emerging Markets Debt Central Fund
14,087,986
3,510,218
417,453
173,212
(5,417)
(213,717)
16,961,617
0.6%
Fidelity Emerging Markets Debt Local Currency Central Fund
13,637,451
610,247
-
610,247
-
(950,515)
13,297,183
14.1%
Fidelity Emerging Markets Equity Central Fund
166,846,598
14,108,608
112,158
13,872,804
(2,884)
(18,418,573)
162,421,591
8.9%
Fidelity Floating Rate Central Fund
146,201,187
87,313,772
2,018,650
1,822,653
291
(365,219)
231,131,381
7.2%
Fidelity High Income Central Fund
82,065,669
5,451,437
33,502,199
894,705
1,535,812
(1,558,067)
53,992,652
2.5%
Fidelity Inflation-Protected Bond Index Central Fund
168,009,085
26,864,639
20,784,384
12,293,251
981,130
(10,680,780)
164,389,690
14.8%
Fidelity International Credit Central Fund
84,468,784
9,346,826
1,043,597
1,004,346
(20,334)
(1,105,853)
91,645,826
14.0%
Fidelity International Equity Central Fund
236,560,300
34,098,923
2,371,660
15,580,998
(42,391)
(3,103,678)
265,141,494
6.2%
Fidelity Investment Grade Bond Central Fund
2,530,110,915
358,809,387
35,227,014
14,103,674
(231,953)
(9,272,876)
2,844,188,459
8.1%
Fidelity Money Market Central Fund 0.2%
1,059,257,144
263,486,224
14,161,573
531,705
(580)
(118,376)
1,308,462,839
74.6%
Fidelity Real Estate Equity Central Fund
92,883,360
25,831,661
1,362,381
1,091,766
3,829
13,377,235
130,733,704
6.5%
Fidelity U.S. Equity Central Fund
1,083,698,613
208,416,564
11,928,752
94,246,653
(167,978)
(10,694,910)
1,269,323,537
5.3%
Total
6,197,459,461
1,230,913,608
503,267,146
156,275,278
1,647,714
(43,310,786)
6,883,442,851
  
 
Amounts in the 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. 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 inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
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)
 
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 vendors or from brokers who make markets in such securities. U.S. Treasury 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. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last 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 but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.
 
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.
 
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.
 
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.
 
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