0001752724-23-189138.txt : 20230824 0001752724-23-189138.hdr.sgml : 20230824 20230824151114 ACCESSION NUMBER: 0001752724-23-189138 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230824 DATE AS OF CHANGE: 20230824 PERIOD START: 20230930 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: 231201774 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 S000067946 Fidelity Health Savings Fund C000217845 Class K FHLKX C000217846 Fidelity Health Savings Fund FHLSX NPORT-P 1 primary_doc.xml NPORT-P false 0000354046 XXXXXXXX S000067946 C000217845 C000217846 Fidelity Charles Street Trust 811-03221 0000354046 SG47DUH2I0FYWTB12921 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Health Savings Fund S000067946 549300YYJQTI03KHX961 2023-09-30 2023-06-30 N 55070081.02 17741.56 55052339.46 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 87210.40000000 N Fidelity Salem Street Trust S4W85DGKOEJ24DPRB829 FIDELITY INTERNATIONAL BOND INDEX FUND 31635T732 1175550.59500000 NS USD 10603466.37000000 19.26070076950 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity U.S. Equity Central Fund 31606V666 65790.61400000 NS USD 7911321.33000000 14.37054520770 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Inflation-Protected Bond Index Central Fund 31607D103 57263.42500000 NS USD 5098162.73000000 9.260574173608 Long EC RF US N 1 N N N Fidelity Cherry Street Trust 549300GARKGQ4J09PZ71 Fidelity Hedged Equity Central Fund 316088103 1893.32200000 NS USD 202112.12000000 0.367127213815 Long EC CORP US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity International Equity Central Fund 31606V716 68707.87300000 NS USD 6477091.19000000 11.76533323294 Long EC RF US N 1 N N N J P MORGAN EXCHANGE-TRADED FD TR 549300IQ1GP3T78IEG61 JPMorgan BetaBuilders Japan ETF 46641Q217 2016.00000000 NS USD 103904.64000000 0.188737919258 Long EC RF US N 1 N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Local Currency Central Fund 315808709 2270.17900000 NS USD 208266.22000000 0.378305848657 Long EC RF US N 1 N N N Fidelity Salem Street Trust S4W85DGKOEJ24DPRB829 Fidelity Long-Term Treasury Bond Index Fund 31635V232 400497.74700000 NS USD 4173186.52000000 7.580398146444 Long EC RF US N 1 N N N CHICAGO BOARD OF TRADE N/A US 5YR NOTE (CBT) FUT SEP23 FVU3 N/A 2.00000000 NC USD -4238.40000000 -0.00769885538 N/A DIR CORP US N 1 CHICAGO BOARD OF TRADE N/A Long UST NOTES UST NOTES 0% 06/30/2040 2023-09-29 218425.90000000 USD -4238.40000000 N N N Fidelity Hanover Street Trust 13LNM41WRMGAYS9Y7N22 Fidelity Emerging Markets Debt Central Fund 315808600 663242.18000000 NS USD 5034008.15000000 9.144040379351 Long EC RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 2338659.78800000 NS USD 2339127.52000000 4.248915746259 Long STIV RF US N 1 N N N UST BILLS 254900HROIFWPRGM1V77 UST BILLS 0% 07/27/2023 912796Y29 20000.00000000 PA USD 19933.12000000 0.036207580269 Long DBT UST US N 2 2023-07-27 Fixed 0.00000000 N N N N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Emerging Markets Equity Central Fund 31606V682 10271.61700000 NS USD 2013955.95000000 3.658256796631 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios II LLC 0VPAEPVECBYQ0ULYZJ60 Fidelity Investment Grade Bond Central Fund 31606V500 110602.03300000 NS USD 10793652.40000000 19.60616479857 Long EC RF US N 1 N N N 2023-07-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_6046_20230630.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Health Savings Fund
June 30, 2023
HSF-NPRT3-0823
1.9897531.103
Equity Central Funds - 30.2%
 
  
Shares
Value ($)
 
Fidelity Emerging Markets Equity Central Fund (a)
  
10,276
2,014,837
Fidelity Hedged Equity Central Fund (a)
  
1,893
202,112
Fidelity International Equity Central Fund (a)
  
68,738
6,479,970
Fidelity U.S. Equity Central Fund (a)
  
65,819
7,914,779
 
TOTAL EQUITY CENTRAL FUNDS
 (Cost $15,946,105)
  
  
16,611,698
 
  
  
  
Fixed-Income Central Funds - 38.5%
 
  
Shares
Value ($)
 
High Yield Fixed-Income Funds - 9.6%
 
  
  
Fidelity Emerging Markets Debt Central Fund (a)
  
666,656
5,059,916
Fidelity Emerging Markets Debt Local Currency Central Fund (a)
  
2,270
208,266
Fidelity High Income Central Fund (a)
  
0
1
TOTAL HIGH YIELD FIXED-INCOME FUNDS
  
  
5,268,183
Investment Grade Fixed-Income Funds - 28.9%
 
  
  
Fidelity Inflation-Protected Bond Index Central Fund (a)
  
57,317
5,102,897
Fidelity Investment Grade Bond Central Fund (a)
  
110,991
10,831,623
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS
  
  
15,934,520
 
TOTAL FIXED-INCOME CENTRAL FUNDS
 (Cost $23,082,311)
  
  
  
21,202,703
 
  
  
  
Money Market Central Funds - 4.2%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.14% (b)
 
 (Cost $2,339,128)
 
  
2,338,660
2,339,128
 
  
  
  
U.S. Treasury Obligations - 0.0%
 
  
Principal
Amount (c)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 5.19% 7/27/23 (d)
 
 (Cost $19,926)
 
  
20,000
19,933
 
  
  
  
Investment Companies - 0.2%
 
  
Shares
Value ($)
 
JPMorgan BetaBuilders Japan ETF
 
 (Cost $102,847)
 
  
2,016
103,905
 
  
  
  
Fixed-Income Funds - 26.9%
 
  
Shares
Value ($)
 
Fidelity International Bond Index Fund (e)
  
1,176,085
10,608,281
Fidelity Long-Term Treasury Bond Index Fund (e)
  
401,744
4,186,173
 
TOTAL FIXED-INCOME FUNDS
 (Cost $16,308,437)
  
  
14,794,454
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.0%
 (Cost $57,798,754)
 
  
 
55,071,821
NET OTHER ASSETS (LIABILITIES) - 0.0%  
20,591
NET ASSETS - 100.0%
55,092,412
 
  
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Purchased
  
  
  
  
  
 
  
  
  
  
  
Treasury Contracts
  
  
  
  
  
CBOT 5-Year U.S. Treasury Note Contracts (United States)
2
Sep 2023
214,188
(4,238)
(4,238)
 
  
  
  
  
  
The notional amount of futures purchased as a percentage of Net Assets is 0.4%
 
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 $11,960.
 
(e)
Affiliated Fund
 
 
 
 
 
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 5.14%
11,079
2,501,204
173,155
8,871
-
-
2,339,128
0.0%
Fidelity Commodity Strategy Central Fund
908,745
191,279
1,046,189
10,069
(249,182)
195,347
-
0.0%
Fidelity Emerging Markets Debt Central Fund
3,768,817
1,307,138
259,484
199,296
(35,961)
279,406
5,059,916
0.2%
Fidelity Emerging Markets Debt Local Currency Central Fund
93,400
310,309
222,000
309
(6,905)
33,462
208,266
0.1%
Fidelity Emerging Markets Equity Central Fund
1,110,376
1,153,333
429,451
32,946
(83,127)
263,706
2,014,837
0.1%
Fidelity Floating Rate Central Fund
1,232,257
297,746
1,555,624
73,201
(50,225)
75,846
-
0.0%
Fidelity Hedged Equity Central Fund
-
190,958
-
72
-
11,154
202,112
0.0%
Fidelity High Income Central Fund
463,947
142,154
626,000
28,958
(25,992)
45,892
1
0.0%
Fidelity Inflation-Protected Bond Index Central Fund
5,315,270
2,240,394
2,002,400
631,210
(438,687)
(11,680)
5,102,897
1.2%
Fidelity International Equity Central Fund
1,556,314
4,406,631
186,438
67,001
13,019
690,444
6,479,970
0.1%
Fidelity Investment Grade Bond Central Fund
5,612,806
6,166,301
1,055,375
207,228
(82,701)
190,592
10,831,623
0.0%
Fidelity Real Estate Equity Central Fund
273,025
57,470
352,910
5,753
(6,238)
28,653
-
0.0%
Fidelity Securities Lending Cash Central Fund 5.14%
-
1,418,175
1,418,175
23
-
-
-
0.0%
Fidelity U.S. Equity Central Fund
6,922,099
2,589,041
3,014,433
165,406
(237,305)
1,655,377
7,914,779
0.0%
Total
27,268,135
22,972,133
12,341,634
1,430,343
(1,203,304)
3,458,199
40,153,529
  
 
  
  
  
  
  
  
  
  
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
Amounts in the dividend income column 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.
 
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 ($)
Fidelity International Bond Index Fund
8,047,697
3,913,829
1,548,377
128,978
(84,779)
279,911
10,608,281
Fidelity Long-Term Treasury Bond Index Fund
4,381,151
2,359,675
2,582,795
111,279
(656,116)
684,258
4,186,173
 
12,428,848
6,273,504
4,131,172
240,257
(740,895)
964,169
14,794,454
 
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.
 
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 service 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):
 
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 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.
 
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