Quarterly Holdings Report

for

Fidelity Asset Manager® 20%

June 30, 2023

AMI-NPRT3-0823

1.803294.119

Equity Central Funds - 26.9%
	Shares	Value ($)
Fidelity Commodity Strategy Central Fund (a)	127,876	11,975,604
Fidelity Emerging Markets Equity Central Fund (a)	858,391	168,304,741
Fidelity Hedged Equity Central Fund (a)	659,343	70,384,916
Fidelity International Equity Central Fund (a)	3,787,187	357,018,121
Fidelity Real Estate Equity Central Fund (a)	207,065	25,489,725
Fidelity U.S. Equity Central Fund (a)	7,160,415	861,039,917
TOTAL EQUITY CENTRAL FUNDS (Cost $917,050,794)		1,494,213,024

Fixed-Income Central Funds - 51.6%
	Shares	Value ($)
High Yield Fixed-Income Funds - 3.3%
Fidelity Emerging Markets Debt Central Fund (a)	1,132,625	8,596,625
Fidelity Emerging Markets Debt Local Currency Central Fund (a)	492,900	45,218,641
Fidelity Floating Rate Central Fund (a)	952,338	92,624,346
Fidelity High Income Central Fund (a)	354,254	36,282,650
TOTAL HIGH YIELD FIXED-INCOME FUNDS		182,722,262
Investment Grade Fixed-Income Funds - 48.3%
Fidelity Inflation-Protected Bond Index Central Fund (a)	465,859	41,475,458
Fidelity International Credit Central Fund (a)	266,902	20,554,099
Fidelity Investment Grade Bond Central Fund (a)	26,809,479	2,616,337,037
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS		2,678,366,594
TOTAL FIXED-INCOME CENTRAL FUNDS (Cost $3,018,125,496)		2,861,088,856

Money Market Central Funds - 18.7%
	Shares	Value ($)
Fidelity Cash Central Fund 5.14% (b)	37,204,413	37,211,854
Fidelity Money Market Central Fund 5.27% (b)	1,001,995,754	1,001,895,555
TOTAL MONEY MARKET CENTRAL FUNDS (Cost $1,039,187,582)		1,039,107,409

U.S. Treasury Obligations - 0.5%
	Principal Amount (c)	Value ($)
U.S. Treasury Bills, yield at date of purchase 5.19% to 5.19% 7/27/23 to 9/7/23 (d) (Cost $26,764,050)	26,980,000	26,771,895

Investment Companies - 2.3%
	Shares	Value ($)
iShares 20+ Year Treasury Bond ETF	538,796	55,463,660
iShares MSCI USA Minimum Volatility ETF	945,873	70,306,738
TOTAL INVESTMENT COMPANIES (Cost $126,924,386)		125,770,398

TOTAL INVESTMENT IN SECURITIES - 100.0% (Cost $5,128,052,308)	5,546,951,582
NET OTHER ASSETS (LIABILITIES) - 0.0%	664,256
NET ASSETS - 100.0%	5,547,615,838

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)	128	Sep 2023	13,708,000	(271,258)	(271,258)
Sold
Equity Index Contracts
CME E-mini S&P 500 Index Contracts (United States)	2,126	Sep 2023	477,100,975	(14,780,320)	(14,780,320)
TOTAL FUTURES CONTRACTS					(15,051,578)
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
The notional amount of futures sold as a percentage of Net Assets is 8.6%

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 $25,346,677.

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%	59,228,042	557,008,676	579,024,864	1,672,500	-	-	37,211,854	0.1%
Fidelity Commodity Strategy Central Fund	106,709,912	5,981,860	96,316,484	1,128,701	(24,017,091)	19,617,407	11,975,604	5.1%
Fidelity Emerging Markets Debt Central Fund	10,372,630	2,569,454	4,968,606	464,622	(786,208)	1,409,355	8,596,625	0.4%
Fidelity Emerging Markets Debt Local Currency Central Fund	11,242,314	30,501,876	142	34,438	44,842	3,429,751	45,218,641	15.9%
Fidelity Emerging Markets Equity Central Fund	117,545,795	98,414,717	61,486,268	2,349,768	(29,509,023)	43,339,520	168,304,741	7.1%
Fidelity Floating Rate Central Fund	159,044,039	16,933,811	88,080,664	9,206,837	(3,050,734)	7,777,894	92,624,346	5.8%
Fidelity Hedged Equity Central Fund	-	68,532,049	-	9,146	-	1,852,867	70,384,916	15.9%
Fidelity High Income Central Fund	42,203,666	5,266,705	13,118,304	2,484,230	(4,451)	1,935,034	36,282,650	2.4%
Fidelity Inflation-Protected Bond Index Central Fund	68,571,060	11,656,331	33,502,812	7,516,034	(3,175,112)	(2,074,009)	41,475,458	9.6%
Fidelity International Credit Central Fund	51,773,273	4,741,173	34,166,928	2,407,348	(9,822,516)	8,029,097	20,554,099	8.8%
Fidelity International Equity Central Fund	172,519,871	189,271,385	64,563,519	5,230,421	(4,638,044)	64,428,428	357,018,121	7.0%
Fidelity Investment Grade Bond Central Fund	2,397,843,318	451,109,702	278,403,509	71,247,971	(7,743,818)	53,531,344	2,616,337,037	7.2%
Fidelity Money Market Central Fund 0.45%	1,111,446,680	99,761,989	209,315,232	36,611,638	(13,887)	16,005	1,001,895,555	81.9%
Fidelity Real Estate Equity Central Fund	36,620,079	2,858,610	17,772,866	694,234	(915,017)	4,698,919	25,489,725	2.7%
Fidelity Securities Lending Cash Central Fund 5.14%	-	178,387,881	178,387,881	1,594	-	-	-	0.0%
Fidelity U.S. Equity Central Fund	858,863,446	62,350,840	234,365,342	21,489,573	(4,425,700)	178,616,673	861,039,917	5.2%
Total	5,203,984,125	1,785,347,059	1,893,473,421	162,549,055	(88,056,759)	386,608,285	5,394,409,289

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.

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):

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.