Asset-Backed Securities - 0.4%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
BAILIWICK OF JERSEY - 0.0%
|
|||
Neuberger Berman Ln Advisers Nbla CLO Ltd / Neuberger Berman Ln Series 2026-50A Class BR2, CME Term SOFR 3 month Index + 1.35%, 5.0089% 7/23/2036 (d)(e)(f)
|
750,000
|
750,101
|
|
Neuberger Berman Loan Advisers CLO Ltd Series 2026-51A Class AR2, CME Term SOFR 3 month Index + 1%, 4.6677% 10/23/2036 (d)(e)(f)
|
750,000
|
749,996
|
|
TOTAL BAILIWICK OF JERSEY
|
1,500,097
|
||
GRAND CAYMAN (UK OVERSEAS TER) - 0.1%
|
|||
522 Fdg CLO Ltd / 522 Fdg CLO Series 2026-5A Class AR2, CME Term SOFR 3 month Index + 1.02%, 4.6796% 4/15/2035 (d)(e)(f)
|
740,000
|
740,155
|
|
Ares Lx Clo Ltd Series 2026-60A Class CR, CME Term SOFR 3 month Index + 1.75%, 5.4176% 7/18/2034 (d)(e)(f)
|
875,000
|
875,038
|
|
Bain Cap Cr CLO Ltd / Bain Cap Cr CLO LLC Series 2026-4A Class A1RR, CME Term SOFR 3 month Index + 1%, 0% 10/20/2034 (d)(e)(f)
|
750,000
|
750,037
|
|
Carlyle Global Market Strategies Series 2026-1A Class A1R, CME Term SOFR 3 month Index + 0.98%, 4.6522% 4/15/2035 (d)(e)(f)
|
750,000
|
750,037
|
|
Cifc AR Mtge Series 2026-3A Class AR, CME Term SOFR 3 month Index + 0.95%, 4.6197% 4/21/2035 (d)(e)(f)
|
750,000
|
749,996
|
|
Lcm Ltd Series 2026-39A Class A1R2, CME Term SOFR 3 month Index + 1.04%, 4.703% 10/15/2034 (d)(e)(f)
|
460,000
|
459,997
|
|
Ozlm Xix Ltd Series 2026-19A Class A1R3, CME Term SOFR 3 month Index + 1%, 4.6633% 1/15/2035 (d)(e)(f)
|
635,000
|
635,117
|
|
Thayer Park Clo Ltd Series 2025-1A Class BRR, CME Term SOFR 3 month Index + 1.95%, 5.6176% 4/20/2034 (d)(e)(f)
|
750,000
|
751,072
|
|
TOTAL GRAND CAYMAN (UK OVERSEAS TER)
|
5,711,449
|
||
UNITED STATES - 0.3%
|
|||
Affirm Master Trust Series 2025-2A Class A, 4.67% 7/15/2033 (d)
|
245,000
|
246,747
|
|
Ally Bank/UT Series 2024-A Class B, 5.827% 5/17/2032 (d)
|
530,695
|
539,871
|
|
Ally Bank/UT Series 2025-B Class B, 4.501% 9/15/2033 (d)
|
362,259
|
364,461
|
|
Ally Bank/UT Series 2025-B Class C, 4.697% 9/15/2033 (d)
|
314,821
|
317,125
|
|
Amur Equipment Finance Receivables Xi LLC Series 2022-2A Class C, 6.27% 1/22/2029 (d)
|
675,000
|
679,692
|
|
Auxilior Term Funding LLC Series 2023-1A Class A2, 6.18% 12/15/2028 (d)
|
33,072
|
33,163
|
|
Avis Budget Rental Car Funding AESOP LLC Series 2024-3A Class B, 5.58% 12/20/2030 (d)
|
500,000
|
519,242
|
|
Drive Auto Receivables Trust Series 2024-2 Class C, 4.67% 5/17/2032
|
750,000
|
756,446
|
|
Driven Brands Fdg LLC / Driven Brands CDA Fdg Corp Series 2021-1A Class A2, 2.791% 10/20/2051 (d)
|
700,569
|
666,531
|
|
GM Financial Automobile Leasing Trust Series 2026-1 Class B, 4.12% 1/22/2030
|
70,000
|
70,377
|
|
Hardee's Funding LLC / Carl's Jr Funding LLC Series 2024-1A Class A2, 7.253% 3/20/2054 (d)
|
642,353
|
665,906
|
|
Huntington Bank Auto Credit-Linked Notes Series 2025-2 Class B2, U.S. 30-Day Avg. SOFR Index + 1.2%, 4.8615% 9/20/2033 (d)(e)(f)
|
206,671
|
207,239
|
|
Hyundai Auto Receivables Trust Series 2026-A Class C, 4.31% 6/15/2033
|
90,000
|
90,607
|
|
Navient Refinance Loan Trust Series 2026-A Class A, 4.5% 1/18/2056 (d)
|
160,000
|
160,342
|
|
NMEF Funding LLC Series 2026-A Class C, 4.71% 2/15/2034 (d)
|
100,000
|
100,688
|
|
Octane Receivables Trust Series 2025-RVM1 Class C, 5.26% 12/20/2046 (d)
|
1,000,000
|
1,018,829
|
|
Pstat Series 2026-2A Class A2R, CME Term SOFR 3 month Index + 1.15%, 1.15% 1/15/2033 (d)(e)(f)
|
1,000,000
|
1,000,000
|
|
Santander Drive Auto Receivables Trust Series 2026-1 Class A3, 3.93% 7/15/2030
|
145,000
|
145,305
|
|
SEB Funding LLC Series 2021-1A Class A2, 4.969% 1/30/2052 (d)
|
528,675
|
528,700
|
|
SFS Auto Receivables Securitization Trust Series 2024-1A Class C, 5.51% 1/20/2032 (d)
|
730,000
|
753,391
|
|
SFS Auto Receivables Securitization Trust Series 2026-1A Class C, 4.46% 11/21/2033 (d)
|
345,000
|
346,912
|
|
Sonic Capital LLC Series 2020-1A Class A2II, 4.336% 1/20/2050 (d)
|
590,625
|
577,726
|
|
Sonic Capital LLC Series 2021-1A Class A2I, 2.19% 8/20/2051 (d)
|
1,127,883
|
1,060,501
|
|
Wheels Fleet Lease Funding LLC Series 2023-2A Class A, 6.46% 8/18/2038 (d)
|
130,864
|
132,301
|
|
Wheels Fleet Lease Funding LLC Series 2025-3A Class B, 4.44% 9/18/2040 (d)
|
210,000
|
212,177
|
|
TOTAL UNITED STATES
|
11,194,279
|
||
|
TOTAL ASSET-BACKED SECURITIES
(Cost $18,366,847)
|
18,405,825
|
||
Collateralized Mortgage Obligations - 0.1%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.1%
|
|||
BRAVO Residential Funding Trust 2023-NQM7 Series 2023-NQM7 Class A1, 7.13% 9/25/2063 (d)(e)
|
467,237
|
471,655
|
|
Connecticut Avenue Securities Trust Series 2023-R03 Class 2M1, U.S. 30-Day Avg. SOFR Index + 2.5%, 6.1672% 4/25/2043 (d)(e)(f)
|
830,036
|
839,393
|
|
Connecticut Avenue Securities Trust Series 2024-R03 Class 2M1, U.S. 30-Day Avg. SOFR Index + 1.15%, 4.8172% 3/25/2044 (d)(e)(f)
|
637,155
|
637,361
|
|
EFMT Series 2026-NQM1 Class A1F, 4.8672% 2/25/2071 (d)
|
394,146
|
394,489
|
|
Freddie Mac STACR REMIC Trust Series 2026-DNA1 Class M1, U.S. 30-Day Avg. SOFR Index + 1%, 4.6579% 2/25/2046 (d)(e)(f)
|
505,000
|
505,473
|
|
HOMES 2026-AFC1 Trust Series 2026-AFC1 Class A1, 4.846% 2/25/2061 (d)(e)
|
385,000
|
384,996
|
|
Homes Trust Series 2025-AFC3 Class A1, 4.932% 8/25/2060 (d)(e)
|
905,844
|
909,471
|
|
MAST 2026-1 LLC Series 2026-R01 Class 2A1, U.S. 30-Day Avg. SOFR Index + 0.85%, 4.5172% 1/25/2046 (d)(e)(f)
|
678,624
|
678,837
|
|
MFA 2023-NQM4 Trust Series 2023-NQM4 Class A1, 6.105% 12/25/2068 (d)
|
277,807
|
279,538
|
|
MFA Trust Series 2023-INV2 Class A1, 6.775% 10/25/2058 (d)(h)
|
149,063
|
150,005
|
|
OBX 2025-NQM23 Trust Series 2025-NQM23 Class A1, 4.872% 10/25/2065 (d)(e)
|
883,841
|
886,942
|
|
Spruce Hill Mtg Ln Tr 2022-Sh1 Series 2022-SH1 Class A1A, 4.1% 7/25/2057 (d)(h)
|
580,761
|
578,220
|
|
TOTAL UNITED STATES
|
6,716,380
|
||
|
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost $6,716,184)
|
6,716,380
|
||
Commercial Mortgage Securities - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.0%
|
|||
BANK5 Series 2026-5YR20 Class AS, 5.336% 2/15/2059
|
750,000
|
778,478
|
|
Grace Trust Series 2020-GRCE Class B, 2.6% 12/10/2040 (d)
|
750,000
|
682,069
|
|
NYC Commercial Mortgage Trust Series 2025-28L Class C, 5.4416% 11/5/2038 (d)(e)
|
750,000
|
759,389
|
|
Penn Commercial Mortgage Trust Series 2025-P11 Class A, 5.344% 8/10/2042 (d)(e)
|
750,000
|
778,916
|
|
TOTAL UNITED STATES
|
2,998,852
|
||
|
TOTAL COMMERCIAL MORTGAGE SECURITIES
(Cost $2,979,905)
|
2,998,852
|
||
Fixed-Income Funds - 7.0%
|
|||
Shares
|
Value ($)
|
||
Fidelity SAI Short-Term Treasury Bond Index Fund (i)
(Cost $350,841,552)
|
34,746,557
|
352,677,551
|
|
Non-Convertible Corporate Bonds - 1.4%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
AUSTRALIA - 0.0%
|
|||
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
CSL Finance PLC 3.85% 4/27/2027 (d)
|
610,000
|
610,329
|
|
BERMUDA - 0.0%
|
|||
Consumer Staples - 0.0%
|
|||
Beverages - 0.0%
|
|||
Bacardi Ltd 4.7% 5/15/2028 (d)
|
585,000
|
589,500
|
|
CANADA - 0.1%
|
|||
Communication Services - 0.1%
|
|||
Wireless Telecommunication Services - 0.1%
|
|||
Rogers Communications Inc 3.2% 3/15/2027
|
565,000
|
560,863
|
|
Rogers Communications Inc 5% 2/15/2029
|
525,000
|
537,093
|
|
TOTAL COMMUNICATION SERVICES
|
1,097,956
|
||
Energy - 0.0%
|
|||
Oil, Gas & Consumable Fuels - 0.0%
|
|||
Canadian Natural Resources Ltd 3.85% 6/1/2027
|
230,000
|
229,970
|
|
Enbridge Inc 4.6% 6/20/2028
|
85,000
|
86,142
|
|
Enbridge Inc 5.9% 11/15/2026
|
75,000
|
75,910
|
|
Enbridge Inc 6% 11/15/2028
|
85,000
|
89,544
|
|
South Bow USA Infrastructure Holdings LLC 4.911% 9/1/2027
|
340,000
|
343,673
|
|
TOTAL ENERGY
|
825,239
|
||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
Canadian Imperial Bank of Commerce 4.283% 1/29/2030 (e)
|
335,000
|
337,251
|
|
Federation des Caisses Desjardins du Quebec 4.565% 8/26/2030 (d)
|
200,000
|
202,657
|
|
TOTAL FINANCIALS
|
539,908
|
||
Industrials - 0.0%
|
|||
Commercial Services & Supplies - 0.0%
|
|||
Element Fleet Management Corp 5.037% 3/25/2030 (d)
|
275,000
|
281,895
|
|
Element Fleet Management Corp 5.643% 3/13/2027 (d)
|
190,000
|
192,767
|
|
TOTAL INDUSTRIALS
|
474,662
|
||
Materials - 0.0%
|
|||
Chemicals - 0.0%
|
|||
Nutrien Ltd 4.9% 3/27/2028
|
110,000
|
111,992
|
|
TOTAL CANADA
|
3,049,757
|
||
CHILE - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Corp Nacional del Cobre de Chile 3% 9/30/2029 (g)
|
360,000
|
344,813
|
|
DENMARK - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
Danske Bank A/S 4.613% 10/2/2030 (d)(e)
|
200,000
|
202,621
|
|
Danske Bank A/S 5.427% 3/1/2028 (d)(e)
|
245,000
|
248,619
|
|
TOTAL DENMARK
|
451,240
|
||
FRANCE - 0.0%
|
|||
Communication Services - 0.0%
|
|||
Diversified Telecommunication Services - 0.0%
|
|||
Orange SA 4.25% 1/13/2031 (d)
|
200,000
|
200,325
|
|
Energy - 0.0%
|
|||
Oil, Gas & Consumable Fuels - 0.0%
|
|||
TotalEnergies Capital USA LLC 4.248% 1/13/2031
|
505,000
|
509,525
|
|
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
BNP Paribas SA 4.792% 5/9/2029 (d)(e)
|
200,000
|
202,538
|
|
Societe Generale SA 5.519% 1/19/2028 (d)(e)
|
200,000
|
202,479
|
|
TOTAL FINANCIALS
|
405,017
|
||
TOTAL FRANCE
|
1,114,867
|
||
GERMANY - 0.1%
|
|||
Consumer Discretionary - 0.1%
|
|||
Automobiles - 0.1%
|
|||
BMW US Capital LLC 4.6% 8/13/2027 (d)
|
565,000
|
570,848
|
|
Volkswagen Group of America Finance LLC 4.450% 9/11/2027 (d)
|
255,000
|
256,357
|
|
Volkswagen Group of America Finance LLC 4.75% 11/13/2028 (d)
|
225,000
|
227,876
|
|
Volkswagen Group of America Finance LLC 4.85% 8/15/2027 (d)
|
360,000
|
363,755
|
|
Volkswagen Group of America Finance LLC 5.7% 9/12/2026 (d)
|
270,000
|
272,329
|
|
Volkswagen Group of America Finance LLC 6% 11/16/2026 (d)
|
200,000
|
202,648
|
|
Volkswagen Group of America Finance LLC 6.2% 11/16/2028 (d)
|
200,000
|
209,658
|
|
TOTAL CONSUMER DISCRETIONARY
|
2,103,471
|
||
Health Care - 0.0%
|
|||
Pharmaceuticals - 0.0%
|
|||
Bayer US Finance II LLC 4.375% 12/15/2028 (d)
|
475,000
|
476,703
|
|
EMD Finance LLC 4.125% 8/15/2028 (d)
|
590,000
|
592,903
|
|
TOTAL HEALTH CARE
|
1,069,606
|
||
Industrials - 0.0%
|
|||
Machinery - 0.0%
|
|||
Daimler Truck Finance North America LLC 4.15% 1/12/2029 (d)
|
150,000
|
150,417
|
|
Daimler Truck Finance North America LLC 4.3% 8/12/2027 (d)
|
165,000
|
165,989
|
|
Daimler Truck Finance North America LLC 5.125% 9/25/2027 (d)
|
300,000
|
305,168
|
|
TOTAL INDUSTRIALS
|
621,574
|
||
TOTAL GERMANY
|
3,794,651
|
||
INDIA - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
State Bank of India/London 4.875% 5/5/2028 (g)
|
430,000
|
434,941
|
|
Consumer Finance - 0.0%
|
|||
Tata Capital Ltd 5.389% 7/21/2028 (g)
|
340,000
|
346,728
|
|
TOTAL INDIA
|
781,669
|
||
IRELAND - 0.0%
|
|||
Financials - 0.0%
|
|||
Consumer Finance - 0.0%
|
|||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust 6.45% 4/15/2027
|
390,000
|
399,815
|
|
Industrials - 0.0%
|
|||
Transportation Infrastructure - 0.0%
|
|||
Avolon Holdings Funding Ltd 6.375% 5/4/2028 (d)
|
85,000
|
88,590
|
|
TOTAL IRELAND
|
488,405
|
||
ITALY - 0.0%
|
|||
Utilities - 0.0%
|
|||
Electric Utilities - 0.0%
|
|||
Enel Finance International NV 4.125% 9/30/2028 (d)
|
200,000
|
200,426
|
|
JAPAN - 0.0%
|
|||
Communication Services - 0.0%
|
|||
Diversified Telecommunication Services - 0.0%
|
|||
NTT Finance Corp 4.62% 7/16/2028 (d)
|
200,000
|
203,021
|
|
Consumer Staples - 0.0%
|
|||
Tobacco - 0.0%
|
|||
Japan Tobacco Inc 4.85% 5/15/2028 (d)
|
485,000
|
494,870
|
|
TOTAL JAPAN
|
697,891
|
||
KOREA (SOUTH) - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
Shinhan Bank Co Ltd 4.5% 3/26/2028 (g)
|
345,000
|
347,544
|
|
Industrials - 0.0%
|
|||
Electrical Equipment - 0.0%
|
|||
LG Energy Solution Ltd 5.25% 4/2/2028 (g)
|
340,000
|
346,710
|
|
TOTAL KOREA (SOUTH)
|
694,254
|
||
KUWAIT - 0.0%
|
|||
Materials - 0.0%
|
|||
Chemicals - 0.0%
|
|||
MEGlobal BV 2.625% 4/28/2028 (g)
|
360,000
|
347,040
|
|
MACAU - 0.0%
|
|||
Consumer Discretionary - 0.0%
|
|||
Hotels, Restaurants & Leisure - 0.0%
|
|||
Sands China Ltd 5.4% 8/8/2028 (h)
|
345,000
|
352,327
|
|
MEXICO - 0.0%
|
|||
Utilities - 0.0%
|
|||
Electric Utilities - 0.0%
|
|||
Comision Federal de Electricidad 5.7% 1/24/2030 (g)
|
430,000
|
440,643
|
|
NETHERLANDS - 0.0%
|
|||
Consumer Staples - 0.0%
|
|||
Beverages - 0.0%
|
|||
Heineken NV 3.5% 1/29/2028 (d)
|
1,070,000
|
1,062,885
|
|
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
ING Groep NV 4.858% 3/25/2029 (e)
|
210,000
|
213,649
|
|
Information Technology - 0.0%
|
|||
Semiconductors & Semiconductor Equipment - 0.0%
|
|||
NXP BV / NXP Funding LLC / NXP USA Inc 4.3% 6/18/2029
|
335,000
|
336,978
|
|
NXP BV / NXP Funding LLC / NXP USA Inc 4.3% 8/19/2028
|
270,000
|
271,807
|
|
TOTAL INFORMATION TECHNOLOGY
|
608,785
|
||
TOTAL NETHERLANDS
|
1,885,319
|
||
QATAR - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
QNB Finance Ltd 4.875% 1/30/2029 (g)
|
430,000
|
438,600
|
|
SAUDI ARABIA - 0.0%
|
|||
Materials - 0.0%
|
|||
Chemicals - 0.0%
|
|||
Ma'aden Sukuk Ltd 5.25% 2/13/2030 (g)
|
426,000
|
437,574
|
|
SPAIN - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
Banco Santander SA 5.552% 3/14/2028 (e)
|
200,000
|
202,984
|
|
CaixaBank SA 6.684% 9/13/2027 (d)(e)
|
300,000
|
304,262
|
|
TOTAL SPAIN
|
507,246
|
||
THAILAND - 0.0%
|
|||
Communication Services - 0.0%
|
|||
Wireless Telecommunication Services - 0.0%
|
|||
Advanced Info Service PCL 4.26% 3/4/2031 (g)
|
220,000
|
220,759
|
|
UNITED ARAB EMIRATES - 0.0%
|
|||
Industrials - 0.0%
|
|||
Transportation Infrastructure - 0.0%
|
|||
DP World Crescent Ltd 4.848% 9/26/2028 (g)
|
340,000
|
342,674
|
|
Real Estate - 0.0%
|
|||
Real Estate Management & Development - 0.0%
|
|||
Emaar Sukuk Ltd 3.875% 9/17/2029 (g)
|
350,000
|
346,828
|
|
TOTAL UNITED ARAB EMIRATES
|
689,502
|
||
UNITED KINGDOM - 0.1%
|
|||
Consumer Staples - 0.0%
|
|||
Tobacco - 0.0%
|
|||
BAT International Finance PLC 4.448% 3/16/2028
|
570,000
|
575,390
|
|
Imperial Brands Finance PLC 4.5% 6/30/2028 (d)
|
200,000
|
202,090
|
|
Imperial Brands Finance PLC 6.125% 7/27/2027 (d)
|
455,000
|
467,453
|
|
TOTAL CONSUMER STAPLES
|
1,244,933
|
||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
Barclays PLC 4.219% 5/24/2030 (e)
|
200,000
|
200,043
|
|
Barclays PLC 5.086% 2/25/2029 (e)
|
515,000
|
524,671
|
|
HSBC Holdings PLC 4.899% 3/3/2029 (e)
|
200,000
|
203,263
|
|
HSBC Holdings PLC 5.597% 5/17/2028 (e)
|
630,000
|
641,524
|
|
Lloyds Banking Group PLC 5.462% 1/5/2028 (e)
|
200,000
|
202,465
|
|
Standard Chartered PLC 5.688% 5/14/2028 (d)(e)
|
200,000
|
203,845
|
|
TOTAL FINANCIALS
|
1,975,811
|
||
Industrials - 0.0%
|
|||
Aerospace & Defense - 0.0%
|
|||
Rolls-Royce PLC 5.75% 10/15/2027 (d)
|
400,000
|
409,121
|
|
TOTAL UNITED KINGDOM
|
3,629,865
|
||
UNITED STATES - 1.1%
|
|||
Communication Services - 0.0%
|
|||
Diversified Telecommunication Services - 0.0%
|
|||
SBA Tower Trust 6.599% 11/15/2052 (d)
|
725,000
|
740,086
|
|
Verizon Communications Inc 2.1% 3/22/2028
|
460,000
|
444,497
|
|
1,184,583
|
|||
Interactive Media & Services - 0.0%
|
|||
Alphabet Inc 3.7% 2/15/2029
|
360,000
|
360,348
|
|
Meta Platforms Inc 4.2% 11/15/2030
|
420,000
|
423,694
|
|
784,042
|
|||
Media - 0.0%
|
|||
Cox Communications Inc 3.5% 8/15/2027 (d)
|
105,000
|
104,011
|
|
Cox Communications Inc 5.45% 9/15/2028 (d)
|
65,000
|
67,063
|
|
Omnicom Group Inc / Omnicom Capital Inc 3.6% 4/15/2026
|
75,000
|
74,987
|
|
246,061
|
|||
TOTAL COMMUNICATION SERVICES
|
2,214,686
|
||
Consumer Discretionary - 0.1%
|
|||
Automobiles - 0.1%
|
|||
American Honda Finance Corp 5.65% 11/15/2028
|
360,000
|
375,759
|
|
General Motors Financial Co Inc 5.05% 4/4/2028
|
230,000
|
234,489
|
|
General Motors Financial Co Inc 5.35% 7/15/2027
|
330,000
|
335,707
|
|
General Motors Financial Co Inc 5.4% 4/6/2026
|
90,000
|
90,097
|
|
General Motors Financial Co Inc 5.4% 5/8/2027
|
135,000
|
137,119
|
|
Hyundai Capital America 4.25% 1/8/2029 (d)
|
145,000
|
145,801
|
|
Hyundai Capital America 4.85% 3/25/2027 (d)
|
120,000
|
121,138
|
|
Hyundai Capital America 4.875% 6/23/2027 (d)
|
365,000
|
369,368
|
|
Hyundai Capital America 5% 1/7/2028 (d)
|
345,000
|
350,914
|
|
Hyundai Capital America 5.25% 1/8/2027 (d)
|
120,000
|
121,293
|
|
Hyundai Capital America 5.6% 3/30/2028 (d)
|
120,000
|
123,499
|
|
2,405,184
|
|||
Diversified Consumer Services - 0.0%
|
|||
ERAC USA Finance LLC 4.6% 5/1/2028 (d)
|
375,000
|
380,900
|
|
ERAC USA Finance LLC 5% 2/15/2029 (d)
|
105,000
|
108,131
|
|
489,031
|
|||
Hotels, Restaurants & Leisure - 0.0%
|
|||
Darden Restaurants Inc 4.35% 10/15/2027
|
210,000
|
211,439
|
|
Marriott International Inc/MD 3.125% 6/15/2026
|
300,000
|
299,325
|
|
510,764
|
|||
Specialty Retail - 0.0%
|
|||
AutoZone Inc 5.165% 6/15/2030
|
230,000
|
238,390
|
|
O'Reilly Automotive Inc 4.35% 6/1/2028
|
210,000
|
211,980
|
|
450,370
|
|||
TOTAL CONSUMER DISCRETIONARY
|
3,855,349
|
||
Consumer Staples - 0.0%
|
|||
Beverages - 0.0%
|
|||
Keurig Dr Pepper Inc 3.95% 4/15/2029
|
45,000
|
44,747
|
|
Keurig Dr Pepper Inc 4.35% 5/15/2028
|
210,000
|
211,263
|
|
Keurig Dr Pepper Inc 5.05% 3/15/2029
|
340,000
|
348,400
|
|
604,410
|
|||
Consumer Staples Distribution & Retail - 0.0%
|
|||
Dollar General Corp 4.125% 5/1/2028
|
210,000
|
210,798
|
|
Dollar General Corp 5.2% 7/5/2028
|
170,000
|
174,341
|
|
Mars Inc 4.55% 4/20/2028 (d)
|
360,000
|
364,940
|
|
Mars Inc 4.6% 3/1/2028 (d)
|
210,000
|
213,046
|
|
963,125
|
|||
Food Products - 0.0%
|
|||
Bunge Ltd Finance Corp 2% 4/21/2026
|
90,000
|
89,745
|
|
Bunge Ltd Finance Corp 4.9% 4/21/2027
|
380,000
|
384,043
|
|
473,788
|
|||
Tobacco - 0.0%
|
|||
Philip Morris International Inc 5.125% 11/17/2027
|
85,000
|
86,784
|
|
TOTAL CONSUMER STAPLES
|
2,128,107
|
||
Energy - 0.1%
|
|||
Energy Equipment & Services - 0.0%
|
|||
Schlumberger Holdings Corp 3.9% 5/17/2028 (d)
|
400,000
|
400,228
|
|
Oil, Gas & Consumable Fuels - 0.1%
|
|||
Cheniere Corpus Christi Holdings LLC 5.125% 6/30/2027
|
295,000
|
297,791
|
|
Cheniere Energy Inc 4.625% 10/15/2028
|
30,000
|
29,988
|
|
Columbia Pipelines Holding Co LLC 6.055% 8/15/2026 (d)
|
30,000
|
30,201
|
|
Diamondback Energy Inc 5.2% 4/18/2027
|
255,000
|
258,274
|
|
Energy Transfer LP 4.55% 1/15/2031
|
170,000
|
171,629
|
|
Energy Transfer LP 5.25% 7/1/2029
|
190,000
|
197,012
|
|
Energy Transfer LP 6.05% 12/1/2026
|
550,000
|
557,328
|
|
EOG Resources Inc 4.4% 1/15/2031
|
170,000
|
171,992
|
|
MPLX LP 4.8% 2/15/2031
|
800,000
|
816,693
|
|
ONEOK Inc 4.25% 9/24/2027
|
610,000
|
612,918
|
|
ONEOK Inc 5.55% 11/1/2026
|
195,000
|
196,749
|
|
Plains All American Pipeline LP / PAA Finance Corp 4.7% 1/15/2031
|
320,000
|
325,022
|
|
Sabine Pass Liquefaction LLC 4.2% 3/15/2028
|
85,000
|
85,345
|
|
Targa Resources Corp 4.35% 1/15/2029
|
275,000
|
277,239
|
|
Targa Resources Corp 5.2% 7/1/2027
|
85,000
|
86,364
|
|
Williams Cos Inc/The 4.625% 6/30/2030
|
295,000
|
300,085
|
|
Williams Cos Inc/The 4.8% 11/15/2029
|
135,000
|
138,370
|
|
Williams Cos Inc/The 4.9% 3/15/2029
|
75,000
|
76,949
|
|
4,629,949
|
|||
TOTAL ENERGY
|
5,030,177
|
||
Financials - 0.4%
|
|||
Banks - 0.1%
|
|||
Bank of America Corp 1.734% 7/22/2027 (e)
|
135,000
|
133,788
|
|
Bank of America Corp 4.623% 5/9/2029 (e)
|
420,000
|
425,961
|
|
Citigroup Inc 5.174% 2/13/2030 (e)
|
210,000
|
216,380
|
|
Fifth Third Bancorp 4.566% 4/29/2032 (e)
|
400,000
|
402,370
|
|
Huntington Bancshares Inc/OH 4.623% 1/28/2032 (e)
|
420,000
|
423,987
|
|
JPMorgan Chase & Co 4.979% 7/22/2028 (e)
|
310,000
|
314,117
|
|
JPMorgan Chase & Co 5.04% 1/23/2028 (e)
|
135,000
|
136,206
|
|
Santander Holdings USA Inc 2.49% 1/6/2028 (e)
|
240,000
|
236,541
|
|
Santander Holdings USA Inc 6.124% 5/31/2027 (e)
|
30,000
|
30,124
|
|
US Bancorp 4.548% 7/22/2028 (e)
|
275,000
|
277,357
|
|
Wells Fargo & Co 4.9% 1/24/2028 (e)
|
445,000
|
448,510
|
|
Wells Fargo & Co 4.97% 4/23/2029 (e)
|
845,000
|
861,491
|
|
3,906,832
|
|||
Capital Markets - 0.2%
|
|||
Athene Global Funding 4.86% 8/27/2026 (d)
|
165,000
|
165,598
|
|
Athene Global Funding 5.349% 7/9/2027 (d)
|
255,000
|
258,877
|
|
Charles Schwab Corp/The 4.343% 11/14/2031 (e)
|
505,000
|
508,198
|
|
Equitable America Global Funding 4.65% 6/9/2028 (d)
|
320,000
|
323,653
|
|
GA Global Funding Trust 5.4% 1/13/2030 (d)
|
495,000
|
507,221
|
|
Goldman Sachs Group Inc/The 4.148% 1/21/2029 (e)
|
355,000
|
355,147
|
|
Goldman Sachs Group Inc/The 4.482% 8/23/2028 (e)
|
405,000
|
407,762
|
|
Goldman Sachs Group Inc/The 4.937% 4/23/2028 (e)
|
375,000
|
378,542
|
|
Goldman Sachs Group Inc/The 5.218% 4/23/2031 (e)
|
360,000
|
372,675
|
|
LPL Holdings Inc 6.75% 11/17/2028
|
495,000
|
524,923
|
|
Morgan Stanley 4.238% 1/9/2030 (e)
|
210,000
|
210,734
|
|
Morgan Stanley 4.994% 4/12/2029 (e)
|
320,000
|
325,832
|
|
Sammons Financial Group Global Funding 5.05% 1/10/2028 (d)
|
105,000
|
106,803
|
|
4,445,965
|
|||
Consumer Finance - 0.0%
|
|||
American Express Co 4.731% 4/25/2029 (e)
|
255,000
|
259,223
|
|
American Express Co 5.043% 7/26/2028 (e)
|
260,000
|
264,063
|
|
American Express Co 5.098% 2/16/2028 (e)
|
75,000
|
75,771
|
|
American Express Co 5.532% 4/25/2030 (e)
|
255,000
|
266,274
|
|
Capital One Financial Corp 7.149% 10/29/2027 (e)
|
110,000
|
112,182
|
|
Ford Motor Credit Co LLC 5.125% 11/5/2026
|
200,000
|
201,154
|
|
Ford Motor Credit Co LLC 5.8% 3/5/2027
|
455,000
|
461,177
|
|
Ford Motor Credit Co LLC 5.918% 3/20/2028
|
200,000
|
205,327
|
|
1,845,171
|
|||
Financial Services - 0.1%
|
|||
CNH Industrial Capital LLC 4.375% 3/7/2031
|
675,000
|
674,560
|
|
Fiserv Inc 3.5% 7/1/2029
|
230,000
|
223,419
|
|
Fiserv Inc 4.2% 10/1/2028
|
210,000
|
210,052
|
|
Fiserv Inc 4.55% 2/15/2031
|
230,000
|
229,276
|
|
Fiserv Inc 5.15% 3/15/2027
|
530,000
|
535,115
|
|
Fiserv Inc 5.375% 8/21/2028
|
320,000
|
327,963
|
|
National Rural Utilities Cooperative Finance Corp 4.05% 2/9/2029
|
595,000
|
597,895
|
|
Penske Truck Leasing Co Lp / PTL Finance Corp 1.7% 6/15/2026 (d)
|
60,000
|
59,593
|
|
Penske Truck Leasing Co Lp / PTL Finance Corp 3.4% 11/15/2026 (d)
|
105,000
|
104,444
|
|
Penske Truck Leasing Co Lp / PTL Finance Corp 4.4% 7/1/2027 (d)
|
30,000
|
30,131
|
|
Penske Truck Leasing Co Lp / PTL Finance Corp 5.35% 1/12/2027 (d)
|
215,000
|
217,171
|
|
Penske Truck Leasing Co Lp / PTL Finance Corp 5.75% 5/24/2026 (d)
|
405,000
|
405,958
|
|
3,615,577
|
|||
Insurance - 0.0%
|
|||
Brown & Brown Inc 4.7% 6/23/2028
|
125,000
|
126,181
|
|
CNO Global Funding 1.75% 10/7/2026 (d)
|
405,000
|
399,452
|
|
Corebridge Global Funding 4.25% 8/21/2028 (d)
|
220,000
|
220,681
|
|
Corebridge Global Funding 4.65% 8/20/2027 (d)
|
125,000
|
126,169
|
|
Health Care Service Corp 5.2% 6/15/2029 (d)
|
615,000
|
632,459
|
|
Jackson National Life Global Funding 5.55% 7/2/2027 (d)
|
180,000
|
183,255
|
|
RGA Global Funding 4.35% 8/25/2028 (d)
|
225,000
|
226,141
|
|
RGA Global Funding 4.6% 11/25/2030 (d)
|
255,000
|
256,945
|
|
2,171,283
|
|||
TOTAL FINANCIALS
|
15,984,828
|
||
Health Care - 0.2%
|
|||
Biotechnology - 0.0%
|
|||
AbbVie Inc 3.775% 3/3/2028
|
690,000
|
690,913
|
|
AbbVie Inc 4.125% 3/15/2031
|
195,000
|
195,620
|
|
886,533
|
|||
Health Care Equipment & Supplies - 0.0%
|
|||
Becton Dickinson & Co 4.693% 2/13/2028
|
400,000
|
405,468
|
|
Medline Borrower LP 3.875% 4/1/2029 (d)
|
930,000
|
914,666
|
|
Medline Borrower LP/Medline Co-Issuer Inc 6.25% 4/1/2029 (d)
|
37,000
|
38,183
|
|
Solventum Corp 5.45% 2/25/2027
|
120,000
|
121,615
|
|
Stryker Corp 4.7% 2/10/2028
|
275,000
|
279,118
|
|
1,759,050
|
|||
Health Care Providers & Services - 0.2%
|
|||
Cencora Inc 3.45% 12/15/2027
|
45,000
|
44,663
|
|
Cencora Inc 3.95% 2/13/2029
|
195,000
|
195,083
|
|
Cencora Inc 4.625% 12/15/2027
|
145,000
|
146,813
|
|
Centene Corp 4.625% 12/15/2029
|
225,000
|
219,547
|
|
CVS Health Corp 1.3% 8/21/2027
|
775,000
|
746,182
|
|
CVS Health Corp 2.875% 6/1/2026
|
135,000
|
134,660
|
|
CVS Health Corp 3% 8/15/2026
|
75,000
|
74,666
|
|
CVS Health Corp 4.3% 3/25/2028
|
210,000
|
211,233
|
|
HCA Inc 3.125% 3/15/2027
|
335,000
|
332,215
|
|
HCA Inc 4.3% 11/15/2030
|
125,000
|
125,240
|
|
HCA Inc 5.625% 9/1/2028
|
550,000
|
567,546
|
|
Humana Inc 5.75% 12/1/2028
|
300,000
|
310,946
|
|
Humana Inc 5.75% 3/1/2028
|
60,000
|
61,639
|
|
Icon Investments Six DAC 5.809% 5/8/2027
|
375,000
|
378,352
|
|
3,548,785
|
|||
Health Care Technology - 0.0%
|
|||
IQVIA Inc 6.25% 2/1/2029
|
130,000
|
136,634
|
|
Life Sciences Tools & Services - 0.0%
|
|||
Revvity Inc 1.9% 9/15/2028
|
290,000
|
274,687
|
|
Thermo Fisher Scientific Inc 4.215% 2/12/2031
|
325,000
|
327,667
|
|
602,354
|
|||
Pharmaceuticals - 0.0%
|
|||
Utah Acquisition Sub Inc 3.95% 6/15/2026
|
225,000
|
224,745
|
|
Viatris Inc 2.3% 6/22/2027
|
355,000
|
346,237
|
|
570,982
|
|||
TOTAL HEALTH CARE
|
7,504,338
|
||
Industrials - 0.1%
|
|||
Aerospace & Defense - 0.0%
|
|||
Boeing Co 3.2% 3/1/2029
|
230,000
|
224,731
|
|
Boeing Co 6.259% 5/1/2027
|
505,000
|
517,341
|
|
Huntington Ingalls Industries Inc 5.353% 1/15/2030
|
85,000
|
88,199
|
|
830,271
|
|||
Building Products - 0.0%
|
|||
Owens Corning 3.4% 8/15/2026
|
90,000
|
89,696
|
|
Owens Corning 5.5% 6/15/2027
|
210,000
|
213,843
|
|
303,539
|
|||
Electrical Equipment - 0.0%
|
|||
Regal Rexnord Corp 6.05% 4/15/2028
|
320,000
|
331,815
|
|
Ground Transportation - 0.0%
|
|||
Uber Technologies Inc 4.5% 8/15/2029 (d)
|
545,000
|
545,433
|
|
Machinery - 0.0%
|
|||
Fortive Corp 3.15% 6/15/2026
|
210,000
|
209,258
|
|
Passenger Airlines - 0.0%
|
|||
Delta Air Lines Inc 4.95% 7/10/2028
|
210,000
|
213,491
|
|
Southwest Airlines Co 4.375% 11/15/2028
|
355,000
|
358,040
|
|
571,531
|
|||
Professional Services - 0.1%
|
|||
Booz Allen Hamilton Inc 3.875% 9/1/2028 (d)
|
340,000
|
334,798
|
|
Booz Allen Hamilton Inc 4% 7/1/2029 (d)
|
585,000
|
573,169
|
|
Leidos Inc 4.1% 3/15/2029 (c)
|
220,000
|
220,563
|
|
1,128,530
|
|||
Trading Companies & Distributors - 0.0%
|
|||
GATX Corp 5.4% 3/15/2027
|
570,000
|
578,042
|
|
TOTAL INDUSTRIALS
|
4,498,419
|
||
Information Technology - 0.1%
|
|||
Electronic Equipment, Instruments & Components - 0.0%
|
|||
Dell International LLC / EMC Corp 4.75% 4/1/2028
|
295,000
|
299,721
|
|
IT Services - 0.0%
|
|||
Gartner Inc 4.5% 7/1/2028 (d)
|
448,000
|
441,667
|
|
Semiconductors & Semiconductor Equipment - 0.0%
|
|||
Intel Corp 3.15% 5/11/2027
|
125,000
|
123,786
|
|
Intel Corp 3.75% 8/5/2027
|
190,000
|
189,383
|
|
Marvell Technology Inc 1.65% 4/15/2026
|
90,000
|
89,739
|
|
Marvell Technology Inc 4.75% 7/15/2030
|
85,000
|
86,657
|
|
Marvell Technology Inc 4.875% 6/22/2028
|
445,000
|
453,541
|
|
943,106
|
|||
Software - 0.1%
|
|||
Atlassian Corp 5.25% 5/15/2029
|
110,000
|
111,942
|
|
Oracle Corp 4.45% 9/26/2030
|
370,000
|
362,879
|
|
Synopsys Inc 4.65% 4/1/2028
|
595,000
|
602,578
|
|
Workday Inc 3.5% 4/1/2027
|
170,000
|
169,079
|
|
1,246,478
|
|||
TOTAL INFORMATION TECHNOLOGY
|
2,930,972
|
||
Materials - 0.0%
|
|||
Construction Materials - 0.0%
|
|||
Amrize Finance US LLC 4.7% 4/7/2028
|
340,000
|
345,264
|
|
Amrize Finance US LLC 4.95% 4/7/2030
|
75,000
|
77,162
|
|
422,426
|
|||
Containers & Packaging - 0.0%
|
|||
AptarGroup Inc 4.75% 3/30/2031
|
110,000
|
111,634
|
|
Metals & Mining - 0.0%
|
|||
Freeport-McMoRan Inc 4.125% 3/1/2028
|
45,000
|
45,002
|
|
Freeport-McMoRan Inc 4.375% 8/1/2028
|
30,000
|
30,034
|
|
Freeport-McMoRan Inc 5.25% 9/1/2029
|
60,000
|
60,920
|
|
Steel Dynamics Inc 4% 12/15/2028
|
525,000
|
525,438
|
|
661,394
|
|||
TOTAL MATERIALS
|
1,195,454
|
||
Real Estate - 0.0%
|
|||
Real Estate Management & Development - 0.0%
|
|||
CBRE Services Inc 5.1% 6/15/2030
|
110,000
|
112,210
|
|
Extra Space Storage LP 3.875% 12/15/2027
|
195,000
|
194,838
|
|
307,048
|
|||
Specialized REITs - 0.0%
|
|||
American Tower Corp 1.6% 4/15/2026
|
375,000
|
373,921
|
|
American Tower Corp 3.55% 7/15/2027
|
190,000
|
189,042
|
|
562,963
|
|||
TOTAL REAL ESTATE
|
870,011
|
||
Utilities - 0.1%
|
|||
Electric Utilities - 0.1%
|
|||
American Electric Power Co Inc 5.2% 1/15/2029
|
340,000
|
351,569
|
|
Exelon Corp 5.15% 3/15/2029
|
110,000
|
113,705
|
|
FirstEnergy Corp 3.9% 7/15/2027 (h)
|
445,000
|
446,838
|
|
FirstEnergy Transmission LLC 4.55% 1/15/2030
|
85,000
|
86,267
|
|
NextEra Energy Capital Holdings Inc 1.875% 1/15/2027
|
355,000
|
348,980
|
|
NextEra Energy Capital Holdings Inc 4.685% 9/1/2027
|
65,000
|
65,737
|
|
Niagara Mohawk Power Corp 4.647% 10/3/2030 (d)
|
190,000
|
192,974
|
|
Pacific Gas and Electric Co 3.3% 12/1/2027
|
100,000
|
98,795
|
|
Pacific Gas and Electric Co 5% 6/4/2028
|
190,000
|
193,552
|
|
Pacific Gas and Electric Co 5.45% 6/15/2027
|
105,000
|
106,717
|
|
Southern California Edison Co 5.15% 6/1/2029
|
305,000
|
313,757
|
|
Southern Co/The 5.113% 8/1/2027 (h)
|
210,000
|
213,463
|
|
Vistra Operations Co LLC 5.05% 12/30/2026 (d)
|
190,000
|
192,062
|
|
2,724,416
|
|||
Gas Utilities - 0.0%
|
|||
Southern Co Gas Capital Corp 4.05% 9/15/2028
|
210,000
|
210,613
|
|
Independent Power and Renewable Electricity Producers - 0.0%
|
|||
Constellation Energy Generation LLC 5.6% 3/1/2028
|
85,000
|
87,668
|
|
Multi-Utilities - 0.0%
|
|||
Ameren Corp 1.95% 3/15/2027
|
170,000
|
166,558
|
|
DTE Energy Co 4.875% 6/1/2028
|
255,000
|
259,911
|
|
DTE Energy Co 4.95% 7/1/2027
|
190,000
|
192,263
|
|
DTE Energy Co 5.2% 4/1/2030
|
255,000
|
265,150
|
|
NiSource Inc 5.25% 3/30/2028
|
65,000
|
66,648
|
|
Public Service Enterprise Group Inc 4.9% 3/15/2030
|
360,000
|
370,642
|
|
Sempra 5.4% 8/1/2026
|
60,000
|
60,274
|
|
1,381,446
|
|||
TOTAL UTILITIES
|
4,404,143
|
||
TOTAL UNITED STATES
|
50,616,484
|
||
|
TOTAL NON-CONVERTIBLE CORPORATE BONDS
(Cost $72,306,746)
|
72,383,161
|
||
Short-Term Funds - 88.3%
|
|||
Shares
|
Value ($)
|
||
Fidelity Advisor Limited Term Bond Fund - Class Z (i)
|
31,012,891
|
362,540,697
|
|
Fidelity Intermediate Bond Fund (i)
|
13,050,750
|
136,380,342
|
|
Fidelity SAI Low Duration Bond Fund (i)
|
85,555,408
|
858,976,293
|
|
Fidelity SAI Short-Term Bond Fund (i)
|
317,376,794
|
3,100,771,275
|
|
|
TOTAL SHORT-TERM FUNDS
(Cost $4,448,409,672)
|
4,458,668,607
|
||
U.S. Government Agency - Mortgage Securities - 0.3%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.3%
|
|||
Fannie Mae Mortgage pass-thru certificates 2% 2/1/2052
|
107,735
|
89,785
|
|
Fannie Mae Mortgage pass-thru certificates 3% 10/1/2035
|
180,185
|
175,340
|
|
Fannie Mae Mortgage pass-thru certificates 4% 9/1/2052
|
784,553
|
763,368
|
|
Fannie Mae Mortgage pass-thru certificates 5% 1/1/2056
|
381,639
|
383,630
|
|
Fannie Mae Mortgage pass-thru certificates 5% 10/1/2055
|
262,704
|
265,470
|
|
Fannie Mae Mortgage pass-thru certificates 5% 3/1/2056
|
481,000
|
483,547
|
|
Fannie Mae Mortgage pass-thru certificates 5% 4/1/2053
|
866,676
|
878,510
|
|
Fannie Mae Mortgage pass-thru certificates 5.5% 11/1/2055
|
1,198,115
|
1,226,404
|
|
Fannie Mae Mortgage pass-thru certificates 5.5% 2/1/2055
|
375,629
|
384,704
|
|
Fannie Mae Mortgage pass-thru certificates 5.5% 6/1/2054
|
343,763
|
352,806
|
|
Fannie Mae Mortgage pass-thru certificates 5.5% 9/1/2053
|
1,409,034
|
1,449,789
|
|
Fannie Mae Mortgage pass-thru certificates 6% 9/1/2055
|
1,161,165
|
1,199,598
|
|
Fannie Mae Mortgage pass-thru certificates 6.5% 4/1/2055
|
347,375
|
362,784
|
|
Fannie Mae Mortgage pass-thru certificates 6.5% 7/1/2055
|
417,220
|
435,206
|
|
Freddie Mac Gold Pool 2.5% 1/1/2052
|
406,461
|
357,695
|
|
Freddie Mac Gold Pool 3% 6/1/2052
|
588,814
|
533,544
|
|
Freddie Mac Gold Pool 3.5% 5/1/2052
|
812,039
|
766,787
|
|
Freddie Mac Gold Pool 4.5% 9/1/2052
|
1,137,008
|
1,128,909
|
|
Freddie Mac Gold Pool 5% 1/1/2055
|
345,843
|
350,133
|
|
Freddie Mac Gold Pool 6% 1/1/2056
|
1,172,914
|
1,214,486
|
|
Freddie Mac Gold Pool 6% 8/1/2055
|
619,443
|
639,946
|
|
Freddie Mac Non Gold Pool 5.5% 4/1/2055
|
483,428
|
496,014
|
|
Freddie Mac Non Gold Pool 5.5% 5/1/2055
|
174,832
|
177,812
|
|
Freddie Mac STACR REMIC Trust Series DNA3 Class A1, U.S. 30-Day Avg. SOFR Index + 1.05%, 4.7172% 10/25/2044 (d)(e)(f)
|
47,500
|
47,623
|
|
Freddie Mac STACR REMIC Trust Series HQA3 Class M2, U.S. 30-Day Avg. SOFR Index + 2.1%, 5.7672% 9/25/2041 (d)(e)(f)
|
1,040,000
|
1,046,476
|
|
Uniform Mortgage Backed Securities 3.5% 3/1/2056 (b)(c)
|
255,000
|
240,318
|
|
TOTAL UNITED STATES
|
15,450,684
|
||
|
TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES
(Cost $15,389,119)
|
15,450,684
|
||
Commercial Paper - 0.2%
|
||||
Yield (%) (j)
|
Principal
Amount (a)
|
Value ($)
|
||
Bacardi-Martini BV yankee 0% 3/24/2026
|
4.12
|
750,000
|
747,851
|
|
Bacardi-Martini BV yankee 0% 3/27/2026
|
4.11
|
750,000
|
747,592
|
|
Brunswick Corp/DE 0% 3/3/2026
|
4.20
|
550,000
|
549,741
|
|
Crown Castle Inc 0% 3/12/2026
|
4.15
|
750,000
|
748,865
|
|
Edison International 0% 3/19/2026
|
4.21
|
370,000
|
369,151
|
|
Harley-Davidson Financial Services Inc 0% 3/6/2026
|
4.11
|
750,000
|
749,434
|
|
HCA Inc 0% 5/12/2026
|
4.24
|
750,000
|
743,788
|
|
HCA Inc 0% 5/14/2026
|
4.30
|
750,000
|
743,373
|
|
Ovintiv Inc 0% 3/19/2026
|
4.22
|
435,000
|
433,993
|
|
Ovintiv Inc 0% 3/20/2026
|
4.22
|
460,000
|
458,880
|
|
Rogers Communications Inc/Ontario yankee 0% 5/14/2026
|
3.98
|
1,000,000
|
991,865
|
|
Southern California Edison Co 0% 3/27/2026
|
4.22
|
880,000
|
877,179
|
|
|
TOTAL COMMERCIAL PAPER
(Cost $8,163,050)
|
8,161,712
|
|||
U.S. Treasury Obligations - 2.3%
|
||||
Yield (%) (j)
|
Principal
Amount (a)
|
Value ($)
|
||
US Treasury Bills 0% 7/30/2026 (k)(l)
|
3.58 to 3.59
|
17,325,000
|
17,070,178
|
|
US Treasury Notes 3.5% 1/15/2029
|
3.64
|
1,450,000
|
1,454,418
|
|
US Treasury Notes 3.5% 1/31/2028
|
3.45 to 3.53
|
96,640,000
|
96,824,975
|
|
|
TOTAL U.S. TREASURY OBLIGATIONS
(Cost $115,166,518)
|
115,349,571
|
|||
Money Market Funds - 0.1%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Invesco Government & Agency Portfolio Institutional Class (m)
(Cost $3,775,193)
|
0.00
|
3,775,193
|
3,775,193
|
|
|
TOTAL INVESTMENT IN SECURITIES - 100.1%
(Cost $5,042,114,786)
|
5,054,587,536
|
NET OTHER ASSETS (LIABILITIES) - (0.1)%
|
(2,767,220)
|
NET ASSETS - 100.0%
|
5,051,820,316
|
Futures Contracts
|
||||
Number
of contracts
|
Expiration
Date
|
Notional
Amount ($)
|
Unrealized
Appreciation/
(Depreciation) ($)
|
|
LONG
|
||||
Interest Rate Contracts
|
||||
CBOT 10Y US Treasury Notes Contracts (United States)
|
3
|
6/2026
|
341,344
|
1,379
|
CBOT 2Y US Treasury Notes Contracts (United States)
|
181
|
6/2026
|
37,871,422
|
35,095
|
TOTAL LONG
|
36,474
|
|||
SHORT
|
||||
Interest Rate Contracts
|
||||
CBOT 10Y Ultra US Treasury Notes Contracts (United States)
|
(18)
|
6/2026
|
(2,100,656)
|
(10,291)
|
CBOT 5Y US Treasury Notes Contracts (United States)
|
(67)
|
6/2026
|
(7,377,852)
|
(19,742)
|
CBOT US Treasury Ultra Bond Contracts (United States)
|
(6)
|
6/2026
|
(729,375)
|
(6,805)
|
TOTAL SHORT
|
(36,838)
|
|||
TOTAL FUTURES CONTRACTS
|
(364)
|
|||
The notional amount of long futures as a percentage of Net Assets is 0.7%.
|
||||
The notional amount of short futures as a percentage of Net Assets is 0.1%.
|
||||
Credit Default Swaps
|
||||||||||
Underlying Reference
|
Rating(4)
|
Maturity
Date
|
Clearinghouse /
Counterparty(1)
|
Fixed
Payment
Received/
(Paid)
|
Payment
Frequency
|
Notional
Amount(5)(3)
|
Value ($)(4)
|
Upfront
Premium
Received/
(Paid) ($)(2)
|
Unrealized
Appreciation/
(Depreciation) ($)
|
|
Sell Protection
|
||||||||||
5Y CDX NA IG Series 45 Index
|
NR
|
12/2030
|
ICE
|
1%
|
Quarterly
|
4,800,000
|
(8,000)
|
0
|
(8,000)
|
|
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
A portion of the security sold on a delayed delivery basis.
|
(c)
|
Security or a portion of the security purchased on a delayed delivery or when-issued basis.
|
(d)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $48,837,009 or 1.0% of net assets.
|
(e)
|
Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.
|
(f)
|
Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.
|
(g)
|
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $4,394,854 or 0.1% of net assets.
|
(h)
|
Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.
|
(i)
|
Affiliated fund.
|
(j)
|
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
|
(k)
|
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 $240,411.
|
(l)
|
Security or a portion of the security was pledged to cover margin requirements for centrally cleared swaps. At period end, the value of securities pledged amounted to $118,235.
|
(m)
|
The rate quoted is the annualized seven-day yield of the fund at period end.
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
Fidelity Advisor Limited Term Bond Fund Class Z
|
-
|
361,112,755
|
-
|
1,112,757
|
-
|
1,427,942
|
362,540,697
|
31,012,891
|
Fidelity Intermediate Bond Fund
|
-
|
135,379,814
|
-
|
379,824
|
-
|
1,000,528
|
136,380,342
|
13,050,750
|
Fidelity SAI Low Duration Bond Fund
|
-
|
1,371,477,789
|
513,000,000
|
2,977,794
|
-
|
498,504
|
858,976,293
|
85,555,408
|
Fidelity SAI Short-Term Bond Fund
|
-
|
3,093,440,074
|
760
|
8,582,670
|
(1)
|
7,331,962
|
3,100,771,275
|
317,376,794
|
Fidelity SAI Short-Term Treasury Bond Index Fund
|
-
|
350,841,552
|
-
|
841,572
|
-
|
1,835,999
|
352,677,551
|
34,746,557
|
-
|
5,312,251,984
|
513,000,760
|
13,894,617
|
(1)
|
12,094,935
|
4,811,346,158
|