0001752724-22-196142.txt : 20220826 0001752724-22-196142.hdr.sgml : 20220826 20220826123717 ACCESSION NUMBER: 0001752724-22-196142 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220630 FILED AS OF DATE: 20220826 DATE AS OF CHANGE: 20220826 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: 221202340 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 S000019188 Fidelity Asset Manager 40% C000052995 Fidelity Advisor Asset Manager 40%: Class C FFNCX C000052996 Fidelity Advisor Asset Manager 40%: Class M FFNTX C000052997 Fidelity Advisor Asset Manager 40%: Class I FFNIX C000052998 Fidelity Asset Manager 40% FFANX C000052999 Fidelity Advisor Asset Manager 40%: Class A FFNAX C000205016 Fidelity Advisor Asset Manager 40%: Class Z FIKYX NPORT-P 1 primary_doc.xml NPORT-P false 0000354046 XXXXXXXX S000019188 C000052998 C000052999 C000052996 C000052997 C000052995 C000205016 Fidelity Charles Street Trust 811-03221 0000354046 SG47DUH2I0FYWTB12921 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Asset Manager 40% S000019188 QZTNQUUEQ5ZU71K6R078 2022-09-30 2022-06-30 N 2327687453.51 27523077.35 2300164376.16 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 0.94000000 N ISHARES CORE TOTAL USD BOND MARKET ETF 549300G3FWQPUM47D181 iShares MSCI USA Min Vol Factor ETF 46429B697 580509.00000000 NS USD 40757536.89000000 1.771940184468 Long EC RF US N 1 N N N CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 S and P500 EMINI FUT SEP22 ESU2 N/A -386.00000000 NC USD -686486.14000000 -0.02984509051 N/A DE CORP US N 1 CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 Short S and P 500 INDX 783786106 2022-09-16 -72450863.86000000 USD -686486.14000000 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Real Estate Equity Central Fund 31606V674 165946.97300000 NS USD 20927572.77000000 0.909829444665 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity U.S. Equity Central Fund 31606V666 6590964.59020000 NS USD 674123858.29000000 29.30763841388 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Inflation-Protected Bond Index Central Fund 31607D103 359809.49700000 NS USD 36214825.87000000 1.574445124241 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity International Credit Central Fund 31607D202 259071.78380000 NS USD 21873430.71000000 0.950950764071 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity International Equity Central Fund 31606V716 2108062.27600000 NS USD 167780676.55000000 7.294290716305 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Floating Rate Central Fund 31606V708 946917.46860000 NS USD 88925019.48000000 3.866028897832 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity High Income Central Fund 31606V690 180517.77360000 NS USD 17977765.07000000 0.781586101251 Long EC RF US N 1 N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Local Currency Central Fund 315808709 61673.82600000 NS USD 5020866.17000000 0.218282928908 Long EC RF US N 1 N N N Fidelity Garrison Street Trust GZF76QJ38YQDHAIO0Y79 Fidelity Money Market Central Fund 31635A402 134647566.01400000 NS USD 134634101.26000000 5.853238257900 Long EC RF US N 1 N N N Fidelity Oxford Street Trust II 549300OEP6Z1TBUGHH59 Fidelity Commodity Strategy Central Fund 316167303 6242507.05800000 NS USD 37080491.92000000 1.612080088897 Long EC RF US N 1 N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Central Fund 315808600 742907.09800000 NS USD 5564374.16000000 0.241912022361 Long EC RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 27292546.58300000 NS USD 27298005.09000000 1.186784969497 Long STIV RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 26446855.31900000 NS USD 26449500.00000000 1.149896080216 Long STIV RF US N 1 N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Emerging Markets Equity Central Fund 31606V682 490591.08800000 NS USD 94070841.12000000 4.089744285016 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Investment Grade Bond Central Fund 31606V500 8717146.14110000 NS USD 880867617.56000000 38.29585514364 Long EC RF US N 1 N N N ICE FUTURES US N/A MSCI EMGMKT FUT SEP22 MESU2 N/A 410.00000000 NC USD -13178.05000000 -0.00057291775 N/A DE CORP US N 1 ICE FUTURES US N/A Long MSCI EMERGING MARKETS INDEX MXEF 2022-09-16 20568528.05000000 USD -13178.05000000 N N N ISHARES CORE TOTAL USD BOND MARKET ETF 549300G3FWQPUM47D181 iShares 20+ Year Treasury Bond ETF 464287432 330165.00000000 NS USD 37926053.55000000 1.648841010802 Long EC RF US N 1 N N ICE FUTURES US N/A MSCI EAFE FUT SEP22 MFSU2 N/A -195.00000000 NC USD -111255.30000000 -0.00483684127 N/A DE CORP US N 1 ICE FUTURES US N/A Short MSCI EAFE INDX(UN FOR FUTURES) EI09MXEA 2022-09-16 -17990594.70000000 USD -111255.30000000 N N N UST BILLS 254900HROIFWPRGM1V77 UST BILLS 0% 09/08/2022 912796M71 6950000.00000000 PA USD 6929469.28000000 0.301259742643 Long DBT UST US N 2 2022-09-08 Fixed 0.00000000 N N N N N N 2022-07-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_1958_20220630.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Asset Manager® 40%
June 30, 2022
FAN-NPRT3-0822
1.849911.114
Equity Central Funds - 44.2%
 
  
Shares
Value ($)
 
Fidelity Commodity Strategy Central Fund (a)
  
6,242,327
37,079,421
Fidelity Emerging Markets Equity Central Fund (a)
  
540,226
103,588,374
Fidelity International Equity Central Fund (a)
  
2,268,475
180,547,926
Fidelity Real Estate Equity Central Fund (a)
  
165,942
20,926,961
Fidelity U.S. Equity Central Fund (a)
  
6,590,804
674,107,443
 
TOTAL EQUITY CENTRAL FUNDS
 (Cost $821,209,455)
  
  
1,016,250,125
 
  
  
  
Fixed-Income Central Funds - 46.3%
 
  
Shares
Value ($)
 
High Yield Fixed-Income Funds - 5.1%
 
  
  
Fidelity Emerging Markets Debt Central Fund (a)
  
746,003
5,587,564
Fidelity Emerging Markets Debt Local Currency Central Fund (a)
  
61,674
5,020,866
Fidelity Floating Rate Central Fund (a)
  
950,941
89,302,861
Fidelity High Income Central Fund (a)
  
181,412
18,066,788
TOTAL HIGH YIELD FIXED-INCOME FUNDS
  
  
117,978,079
Investment Grade Fixed-Income Funds - 41.2%
 
  
  
Fidelity Inflation-Protected Bond Index Central Fund (a)
  
359,836
36,217,458
Fidelity International Credit Central Fund (a)
  
259,065
21,872,819
Fidelity Investment Grade Bond Central Fund (a)
  
8,794,288
888,662,819
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS
  
  
946,753,096
 
TOTAL FIXED-INCOME CENTRAL FUNDS
 (Cost $1,139,241,569)
  
  
  
1,064,731,175
 
  
  
  
Money Market Central Funds - 7.8%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 1.58% (b)
  
27,292,547
27,298,005
Fidelity Money Market Central Fund 1.71% (b)
  
125,968,122
125,955,525
Fidelity Securities Lending Cash Central Fund 1.58% (b)(c)
  
26,851,065
26,853,750
 
TOTAL MONEY MARKET CENTRAL FUNDS
 (Cost $180,116,186)
  
  
180,107,280
 
  
  
  
U.S. Treasury Obligations - 0.3%
 
  
Principal
Amount (d)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 1.22% to 1.24% 9/8/22 (e)
 
 (Cost $6,933,520)
 
  
6,950,000
6,929,469
 
  
  
  
Investment Companies - 3.4%
 
  
Shares
Value ($)
 
iShares 20+ Year Treasury Bond ETF (f)
  
330,165
37,926,054
iShares MSCI USA Minimum Volatility ETF
 
580,509
40,757,538
 
TOTAL INVESTMENT COMPANIES
 (Cost $90,781,651)
  
  
78,683,592
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 102.0%
 (Cost $2,238,282,381)
 
  
 
2,346,701,641
NET OTHER ASSETS (LIABILITIES) - (2.0)%  
(45,776,650)
NET ASSETS - 100.0%
2,300,924,991
 
  
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Purchased
  
  
  
  
  
 
  
  
  
  
  
Equity Index Contracts
  
  
  
  
  
ICE E-mini MSCI Emerging Markets Index Contracts (United States)
481
Sep 2022
24,114,935
(11,180)
(11,180)
 
  
  
  
  
  
Sold
  
  
  
  
  
 
  
  
  
  
  
Equity Index Contracts
  
  
  
  
  
CME E-mini S&P 500 Index Contracts (United States)
542
Sep 2022
102,695,450
(693,962)
(693,962)
ICE E-mini MSCI EAFE Index Contracts (United States)
45
Sep 2022
4,177,350
2,299
2,299
 
  
  
  
  
  
TOTAL SOLD
  
  
  
  
(691,663)
 
  
  
  
  
  
TOTAL FUTURES CONTRACTS
  
  
  
  
(702,843)
The notional amount of futures purchased as a percentage of Net Assets is 1.0%
The notional amount of futures sold as a percentage of Net Assets is 4.7%
 
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)
Investment made with cash collateral received from securities on loan.
 
(d)
Amount is stated in United States dollars unless otherwise noted.
 
(e)
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 $5,441,877.
 
(f)
Security or a portion of the security is on loan 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 1.58%
172,801,639
185,215,951
330,719,585
148,152
-
-
27,298,005
0.1%
Fidelity Commodity Strategy Central Fund
44,856,018
15,846,259
28,396,752
-
2,234,435
2,539,461
37,079,421
5.2%
Fidelity Emerging Markets Debt Central Fund
6,341,501
1,161,094
668,837
220,089
(53,642)
(1,192,552)
5,587,564
0.2%
Fidelity Emerging Markets Debt Local Currency Central Fund
5,842,913
320,242
-
320,242
-
(1,142,289)
5,020,866
6.0%
Fidelity Emerging Markets Equity Central Fund
100,526,535
44,581,237
5,090,464
8,441,926
84,356
(36,513,290)
103,588,374
5.3%
Fidelity Floating Rate Central Fund
65,174,462
35,554,011
4,822,729
2,869,766
(53,375)
(6,549,508)
89,302,861
3.1%
Fidelity High Income Central Fund
32,541,136
2,251,563
13,836,630
896,161
596,333
(3,485,614)
18,066,788
1.0%
Fidelity Inflation-Protected Bond Index Central Fund
73,608,764
9,832,588
40,778,512
5,467,547
1,875,197
(8,320,579)
36,217,458
6.0%
Fidelity International Credit Central Fund
31,222,097
2,931,049
7,365,093
682,123
(446,851)
(4,468,383)
21,872,819
4.8%
Fidelity International Equity Central Fund
199,369,632
45,407,368
7,549,350
15,255,429
(1,106,324)
(55,573,400)
180,547,926
5.0%
Fidelity Investment Grade Bond Central Fund
851,058,289
201,781,050
51,797,237
15,916,097
(1,280,008)
(111,099,275)
888,662,819
2.7%
Fidelity Money Market Central Fund 0.45%
61,369,378
80,123,511
15,526,276
438,623
(1,682)
(9,406)
125,955,525
8.0%
Fidelity Real Estate Equity Central Fund
37,253,173
15,518,917
26,659,735
604,763
(982,042)
(4,203,352)
20,926,961
1.8%
Fidelity Securities Lending Cash Central Fund 1.58%
-
140,152,964
113,299,214
8,792
-
-
26,853,750
0.1%
Fidelity U.S. Equity Central Fund
790,194,767
132,974,100
45,329,388
72,155,360
(6,740,168)
(196,991,868)
674,107,443
4.1%
Total
2,472,160,304
913,651,904
691,839,802
123,425,070
(5,873,771)
(427,010,055)
2,261,088,580
  
 
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
 
Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.
 
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 - 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 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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