0001752724-20-224722.txt : 20201110
0001752724-20-224722.hdr.sgml : 20201110
20201110143002
ACCESSION NUMBER: 0001752724-20-224722
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20200831
FILED AS OF DATE: 20201110
DATE AS OF CHANGE: 20201110
EFFECTIVENESS DATE: 20201110
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIDELITY COVINGTON TRUST
CENTRAL INDEX KEY: 0000945908
IRS NUMBER: 000000000
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-07319
FILM NUMBER: 201300699
BUSINESS ADDRESS:
STREET 1: 245 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
BUSINESS PHONE: 6175637000
MAIL ADDRESS:
STREET 1: 245 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
0000945908
S000062078
Fidelity High Yield Factor ETF
C000201027
Fidelity High Yield Factor ETF
FDHY
N-CEN
1
primary_doc.xml
X0303
N-CEN
LIVE
0000945908
XXXXXXXX
811-07319
false
false
false
N-1A
S000062078
C000201027
FIDELITY COVINGTON TRUST
811-07319
0000945908
549300JFYFTF85QAQR28
245 SUMMER STREET
BOSTON
02210
US-MA
US
1-800-FIDELITY
Fidelity Service Company, Inc
245 Summer Street
Boston
02210
1-800-FIDELITY
Books and Records of the Fund as required to be maintained by the Investment Company Act
State Street Bank and Trust Company
1 Lincoln Street
Boston
02111
617-786-3000
Custody and Accounting Records.
N
N
N-1A
27
Y
Donald F. Donahue
000000000
N
Michael E. Wiley
000000000
N
Cornelia M. Small
000000000
N
David M. Thomas
000000000
N
Robert A. Lawrence
000000000
Y
Dennis J. Dirks
000000000
N
Vicki L. Fuller
000000000
N
Susan Tomasky
000000000
N
Alan J. Lacy
000000000
N
Patricia L. Kampling
000000000
N
Ned C. Lautenbach
000000000
N
Garnett A. Smith
000000000
N
Joseph Mauriello
000000000
N
Bettina Doulton
000000000
Y
Jason P. Pogorelec
007269504
245 SUMMER STREET
BOSTON
2210
XXXXXX
Y
N
N
N
N
Fidelity Distributors Company LLC
8-35097
000017507
00000000000000000000
Y
N
PricewaterhouseCoopers LLP
238
5493002GVO7EO8RNNS37
N
N
N
N
N
N
N
Fidelity High Yield Factor ETF
S000062078
549300D7SA33P7KJDO35
N
0
0
0
Exchange-Traded Fund
N
N
Y
N
N/A
N/A
N/A
Rule 17e-1 (17 CFR 270.17e-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 17a-7 (17 CFR 270.17a-7)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 17a-6 (17 CFR 270.17a-6)
Y
N
N
N
Fidelity Management & Research Company LLC
801-7884
000108281
5493001Z012YSB2A0K51
N
Fidelity Management & Research (Hong Kong) Limited
801-69507
000148045
549300VLVPR60I312N68
Y
HK
N
FMR Investment Management (UK) Limited
801-28773
000108273
549300DJ0TLKPO1HIS84
Y
GB
N
Fidelity Management & Research (Japan) Limited
801-69571
000148239
549300FF7J6H5TZ22Y05
Y
JP
N
State Street Bank and Trust Company
85-05003
571474TGEMMWANRLN572
N
N
N
ICE Data Services, Inc.
13-3668779
Tax ID
N
Refinitiv US Holdings Inc.
549300NF240HXJO7N016
N
Bloomberg L.P.
549300B56MD0ZC402L06
N
N
Euroclear Bank
549300OZ46BRLZ8Y6F65
BE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
N
Fidelity Service Company, Inc
549300LT256P1KNTYF28
Y
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
Y
N
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
50704351.00000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
43756307.75000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
13157551.45000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
12996075.90000000
Goldman Sachs & Co. LLC
8-129
000000361
FOR8UP27PHTHYVLBNG30
33800298.73000000
Barclays Capital Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
33652850.29000000
Bofa Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
65902042.36000000
Credit Suisse Securities (USA) LLC
8-422
000000816
1V8Y6QCX6YMJ2OELII46
17903394.50000000
Pershing LLC
8-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
11778940.64000000
Citigroup Global Markets Inc.
8-8177
000007059
MBNUM2BPBDO7JBLYG310
59585835.17000000
374394741.48000000
N
98773754.46000000
Uncommitted
25000000.00000000
N
Uncommitted
1500000000.00000000
N
Uncommitted
150000000.00000000
N
Uncommitted
400000000.00000000
N
Uncommitted
500000000.00000000
N
Uncommitted
300000000.00000000
N
Uncommitted
500000000.00000000
N
N
N
Fidelity High Yield Factor ETF
S000062078
Y
50000.00000000
82.72400000
36.44718681
17.27600000
36.44718681
55.05500000
63.56182856
44.94500000
63.56182856
0.00000000
500.00000000
0.42698300
0.00000000
500.00000000
0.62501006
0.00000000
500.00000000
0.02526380
0.00000000
500.00000000
0.24988925
N
true
INTERNAL CONTROL RPT
2
NCEN_4446633072711178.txt
Report of Independent Registered Public
Accounting Firm
To the Board of Trustees of Fidelity Covington Trust and
Shareholders of Fidelity High Yield Factor ETF
In planning and performing our audits of the financial
statements of Fidelity High Yield Factor ETF (one of the
funds constituting Fidelity Covington Trust, hereafter
referred to as the "Fund") as of and for the year ended
August 31, 2020, in accordance with the standards of the
Public Company Accounting Oversight Board (United
States) ("PCAOB"), we considered the Fund's internal
control over financial reporting, including controls over
safeguarding securities, as a basis for designing our
auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with
the requirements of Form N-CEN, but not for the
purpose of expressing an opinion on the effectiveness of
the Fund's internal control over financial
reporting. Accordingly, we do not express an opinion on
the effectiveness of the Fund's internal control over
financial reporting.
The management of the Fund is responsible for
establishing and maintaining effective internal control
over financial reporting. In fulfilling this responsibility,
estimates and judgments by management are required to
assess the expected benefits and related costs of controls.
A company's internal control over financial reporting is a
process designed to provide reasonable assurance
regarding the reliability of financial reporting and the
preparation of financial statements for external purposes
in accordance with generally accepted accounting
principles. A company's internal control over financial
reporting includes those policies and procedures that (1)
pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements
in accordance with generally accepted accounting
principles, and that receipts and expenditures of the
company are being made only in accordance with
authorizations of management and trustees of the
company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a company's assets that
could have a material effect on the financial statements.
Because of its inherent limitations, internal control over
financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in
conditions, or that the degree of compliance with the
policies or procedures may deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does not
allow management or employees, in the normal course of
performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is
a deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a
reasonable possibility that a material misstatement of
the company's annual or interim financial statements
will not be prevented or detected on a timely basis.
Our consideration of the Fund's internal control over
financial reporting was for the limited purpose described
in the first paragraph and would not necessarily disclose
all deficiencies in internal control over financial
reporting that might be material weaknesses under
standards established by the PCAOB. However, we
noted no deficiencies in the Fund's internal control over
financial reporting and its operation, including controls
over safeguarding securities that we consider to be
material weaknesses as defined above as of August 31,
2020.
This report is intended solely for the information and use
of the Board of Trustees of Fidelity Covington Trust and
the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other
than these specified parties.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
October 15, 2020