NPORT-EX 2 QTLY_1996_20240430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Managed Retirement 2025 Fund℠
April 30, 2024
RW42-NPRT3-0624
1.867278.116
Domestic Equity Funds - 21.8%
 
  
Shares
Value ($)
 
Fidelity Series Blue Chip Growth Fund (a)
  
137,775
2,390,390
Fidelity Series Commodity Strategy Fund (a)
  
4,541
440,453
Fidelity Series Large Cap Growth Index Fund (a)
  
73,957
1,511,689
Fidelity Series Large Cap Stock Fund (a)
  
74,482
1,599,134
Fidelity Series Large Cap Value Index Fund (a)
  
186,414
2,857,721
Fidelity Series Small Cap Core Fund (a)
  
2,922
32,349
Fidelity Series Small Cap Opportunities Fund (a)
  
48,773
700,376
Fidelity Series Value Discovery Fund (a)
  
69,501
1,058,496
 
TOTAL DOMESTIC EQUITY FUNDS
 (Cost $8,132,494)
  
  
10,590,608
 
  
  
  
International Equity Funds - 20.9%
 
  
Shares
Value ($)
 
Fidelity Series Canada Fund (a)
  
42,368
630,866
Fidelity Series Emerging Markets Fund (a)
  
80,053
698,860
Fidelity Series Emerging Markets Opportunities Fund (a)
  
156,638
2,797,560
Fidelity Series International Growth Fund (a)
  
88,959
1,568,344
Fidelity Series International Index Fund (a)
  
49,487
597,308
Fidelity Series International Small Cap Fund (a)
  
43,420
728,161
Fidelity Series International Value Fund (a)
  
128,466
1,580,126
Fidelity Series Overseas Fund (a)
  
116,621
1,573,216
 
TOTAL INTERNATIONAL EQUITY FUNDS
 (Cost $8,878,987)
  
  
10,174,441
 
  
  
  
Bond Funds - 57.0%
 
  
Shares
Value ($)
 
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (a)
  
352,697
3,364,728
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund (a)
  
444,446
3,280,015
Fidelity Series Corporate Bond Fund (a)
  
376,227
3,370,998
Fidelity Series Emerging Markets Debt Fund (a)
  
33,426
257,047
Fidelity Series Emerging Markets Debt Local Currency Fund (a)
  
9,237
81,191
Fidelity Series Floating Rate High Income Fund (a)
  
5,477
49,401
Fidelity Series Government Bond Index Fund (a)
  
565,686
5,017,637
Fidelity Series High Income Fund (a)
  
31,828
265,124
Fidelity Series International Credit Fund (a)
  
1,602
12,703
Fidelity Series International Developed Markets Bond Index Fund (a)
  
230,190
1,956,614
Fidelity Series Investment Grade Bond Fund (a)
  
515,864
4,988,402
Fidelity Series Investment Grade Securitized Fund (a)
  
379,777
3,254,685
Fidelity Series Long-Term Treasury Bond Index Fund (a)
  
335,477
1,774,674
Fidelity Series Real Estate Income Fund (a)
  
5,027
48,314
 
TOTAL BOND FUNDS
 (Cost $32,094,905)
  
  
27,721,533
 
  
  
  
Short-Term Funds - 0.3%
 
  
Shares
Value ($)
 
Fidelity Series Government Money Market Fund 5.4% (a)(b)
  
46,672
46,672
Fidelity Series Short-Term Credit Fund (a)
  
257
2,518
Fidelity Series Treasury Bill Index Fund (a)
  
11,433
113,528
 
TOTAL SHORT-TERM FUNDS
 (Cost $162,695)
  
  
162,718
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.0%
 (Cost $49,269,081)
 
  
 
48,649,300
NET OTHER ASSETS (LIABILITIES) - 0.0%  
(17,776)
NET ASSETS - 100.0%
48,631,524
 
  
Legend
 
(a)
Affiliated Fund
 
(b)
The rate quoted is the annualized seven-day yield of the fund at period end.
 
 
 
 
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 Series 0-5 Year Inflation-Protected Bond Index Fund
3,321,853
946,129
922,445
83,807
(15,882)
35,073
3,364,728
Fidelity Series 5+ Year Inflation-Protected Bond Index Fund
3,718,420
656,695
860,425
115,289
(89,491)
(145,184)
3,280,015
Fidelity Series Blue Chip Growth Fund
2,254,724
539,967
797,387
12,585
23,740
369,346
2,390,390
Fidelity Series Canada Fund
681,876
138,860
199,116
22,350
17,369
(8,123)
630,866
Fidelity Series Commodity Strategy Fund
400,289
177,673
114,047
15,592
(8,042)
(15,420)
440,453
Fidelity Series Corporate Bond Fund
3,484,368
756,755
827,543
111,005
(63,071)
20,489
3,370,998
Fidelity Series Emerging Markets Debt Fund
274,433
49,123
71,054
12,646
(11,840)
16,385
257,047
Fidelity Series Emerging Markets Debt Local Currency Fund
93,155
20,725
24,517
5,956
(1,550)
(6,622)
81,191
Fidelity Series Emerging Markets Fund
780,166
206,591
281,339
18,168
(27,007)
20,449
698,860
Fidelity Series Emerging Markets Opportunities Fund
3,112,006
853,780
1,116,894
83,863
(99,623)
48,291
2,797,560
Fidelity Series Floating Rate High Income Fund
53,328
13,769
17,842
3,786
112
34
49,401
Fidelity Series Government Bond Index Fund
5,066,451
1,256,201
1,164,370
115,036
(37,728)
(102,917)
5,017,637
Fidelity Series Government Money Market Fund 5.4%
528,417
99,043
580,788
10,987
-
-
46,672
Fidelity Series High Income Fund
286,874
54,463
77,875
13,344
(5,346)
7,008
265,124
Fidelity Series International Credit Fund
11,931
412
-
412
-
360
12,703
Fidelity Series International Developed Markets Bond Index Fund
2,095,312
420,240
549,554
67,437
(24,988)
15,604
1,956,614
Fidelity Series International Growth Fund
1,721,030
346,812
597,343
21,571
(5,467)
103,312
1,568,344
Fidelity Series International Index Fund
650,276
120,265
186,367
17,776
6,121
7,013
597,308
Fidelity Series International Small Cap Fund
536,459
387,707
240,156
27,531
(10,126)
54,277
728,161
Fidelity Series International Value Fund
1,732,458
310,872
576,808
53,738
37,186
76,418
1,580,126
Fidelity Series Investment Grade Bond Fund
5,176,995
1,159,059
1,213,290
158,847
(35,889)
(98,473)
4,988,402
Fidelity Series Investment Grade Securitized Fund
3,514,342
722,557
867,072
104,942
(51,408)
(63,734)
3,254,685
Fidelity Series Large Cap Growth Index Fund
1,424,079
348,377
446,289
8,819
59,599
125,923
1,511,689
Fidelity Series Large Cap Stock Fund
1,579,262
396,836
508,252
80,511
36,110
95,178
1,599,134
Fidelity Series Large Cap Value Index Fund
2,935,027
838,269
979,506
114,519
67,813
(3,882)
2,857,721
Fidelity Series Long-Term Treasury Bond Index Fund
2,339,099
837,443
1,200,002
57,240
(314,760)
112,894
1,774,674
Fidelity Series Overseas Fund
1,722,930
339,165
585,282
27,459
16,364
80,039
1,573,216
Fidelity Series Real Estate Income Fund
74,187
9,522
34,333
2,990
(3,159)
2,097
48,314
Fidelity Series Short-Term Credit Fund
243,220
29,368
274,334
4,243
(3,388)
7,652
2,518
Fidelity Series Small Cap Core Fund
10,664
33,054
10,935
113
157
(591)
32,349
Fidelity Series Small Cap Opportunities Fund
721,670
163,254
232,710
7,271
4,444
43,718
700,376
Fidelity Series Treasury Bill Index Fund
1,396,693
323,912
1,606,139
31,052
(4,061)
3,123
113,528
Fidelity Series Value Discovery Fund
1,082,346
304,285
321,564
52,772
9,612
(16,183)
1,058,496
 
53,024,340
12,861,183
17,485,578
1,463,657
(534,199)
783,554
48,649,300
 
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:
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.
 
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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