Quarterly Holdings Report
for
Fidelity® SAI U.S. Low Volatility Index Fund
July 31, 2026
 
Offered exclusively to certain clients of the Adviser, or its affiliates, including Strategic Advisers LLC (Strategic Advisers) - not available for sale to the general public. Fidelity® SAI is a product name of Fidelity® funds dedicated to certain programs affiliated with Strategic Advisers.
SV1-NPRT3-0926
1.9866137.111
Common Stocks - 99.7%
 
  
Shares
Value ($)
 
PUERTO RICO - 0.1%
 
  
  
Financials - 0.1%
  
  
  
Banks - 0.1%
  
  
  
Popular Inc
 
111,411
19,520,321
UNITED STATES - 99.6%
 
  
  
Communication Services - 7.5%
  
  
  
Diversified Telecommunication Services - 2.7%
  
  
  
AT&T Inc
 
11,867,791
275,926,141
Comcast Corp Class A
 
1,267,804
30,376,584
Verizon Communications Inc
 
7,148,908
334,640,383
 
  
  
640,943,108
Entertainment - 0.3%
  
  
  
Electronic Arts Inc
 
381,821
80,128,955
Interactive Media & Services - 3.6%
  
  
  
Alphabet Inc Class A
 
2,389,268
850,890,013
Media - 0.3%
  
  
  
Fox Corp Class A (b)
  
555,757
32,361,729
Omnicom Group Inc (b)
  
533,335
41,973,465
 
  
  
74,335,194
Wireless Telecommunication Services - 0.6%
  
  
  
T-Mobile US Inc
 
803,215
138,723,263
TOTAL COMMUNICATION SERVICES
  
  
1,785,020,533
Consumer Discretionary - 9.0%
  
  
  
Automobile Components - 0.0%
  
  
  
Gentex Corp
 
371,166
8,670,437
Broadline Retail - 1.8%
  
  
  
Amazon.com Inc (c)
  
1,598,451
434,107,323
Distributors - 0.1%
  
  
  
Genuine Parts Co
 
235,829
29,330,052
Diversified Consumer Services - 0.1%
  
  
  
H&R Block Inc (b)
  
214,891
9,461,651
Service Corp International/US (b)
  
236,021
20,342,650
 
  
  
29,804,301
Hotels, Restaurants & Leisure - 1.8%
  
  
  
Darden Restaurants Inc
 
195,190
39,736,780
McDonald's Corp
 
1,207,286
326,739,884
Yum! Brands Inc (b)
  
470,694
72,147,976
 
  
  
438,624,640
Specialty Retail - 5.2%
  
  
  
AutoZone Inc (b)(c)
  
28,087
84,717,414
Home Depot Inc/The
 
1,363,809
452,730,036
Lowe's Cos Inc
 
950,958
197,618,582
Murphy USA Inc
 
28,642
17,407,462
O'Reilly Automotive Inc (c)
  
1,427,254
127,525,145
TJX Cos Inc/The
 
1,882,530
296,197,270
Tractor Supply Co (b)
  
895,782
27,563,212
 
  
  
1,203,759,121
TOTAL CONSUMER DISCRETIONARY
  
  
2,144,295,874
Consumer Staples - 6.7%
  
  
  
Beverages - 1.2%
  
  
  
Coca-Cola Co/The
 
1,152,597
100,955,971
PepsiCo Inc
 
1,252,116
174,745,309
 
  
  
275,701,280
Food Products - 0.4%
  
  
  
Campbell's Company/The (b)
  
333,574
7,331,956
General Mills Inc
 
904,560
32,338,020
Hershey Co/The
 
251,190
43,970,810
Hormel Foods Corp
 
494,265
12,361,568
 
  
  
96,002,354
Household Products - 3.0%
  
  
  
Colgate-Palmolive Co
 
1,366,489
124,760,446
Kimberly-Clark Corp (b)
  
562,694
61,508,081
Procter & Gamble Co/The
 
3,736,608
539,902,490
 
  
  
726,171,017
Tobacco - 2.1%
  
  
  
Philip Morris International Inc
 
2,576,361
491,621,206
TOTAL CONSUMER STAPLES
  
  
1,589,495,857
Energy - 3.7%
  
  
  
Oil, Gas & Consumable Fuels - 3.7%
  
  
  
Antero Midstream Corp
 
561,396
12,333,870
DT Midstream Inc (b)
  
172,364
23,786,232
ExxonMobil Holdings Corp
 
3,845,214
597,700,064
Kinder Morgan Inc
 
3,318,961
106,804,165
Williams Cos Inc/The (b)
  
2,070,283
148,108,046
TOTAL ENERGY
  
  
888,732,377
Financials - 10.8%
  
  
  
Banks - 0.4%
  
  
  
Commerce Bancshares Inc/MO (b)
  
231,801
13,738,845
Cullen/Frost Bankers Inc (b)
  
107,144
17,822,333
First Financial Bankshares Inc (b)
  
220,933
7,763,585
M&T Bank Corp (b)
  
257,408
63,397,016
Prosperity Bancshares Inc
 
170,291
12,749,687
United Bankshares Inc/WV (b)
  
236,577
11,462,156
 
  
  
126,933,622
Capital Markets - 1.4%
  
  
  
Cboe Global Markets Inc
 
177,400
55,034,802
CME Group Inc Class A (b)
  
611,306
163,701,635
FactSet Research Systems Inc (b)
  
62,892
16,553,174
Nasdaq Inc
 
749,611
70,605,860
SEI Investments Co
 
157,483
16,217,599
 
  
  
322,113,070
Financial Services - 3.2%
  
  
  
Essent Group Ltd
 
161,823
10,673,845
Jack Henry & Associates Inc (b)
  
122,342
18,845,562
Mastercard Inc Class A
 
17,448
9,999,449
Visa Inc Class A
 
1,947,087
712,886,963
Western Union Co/The (b)
  
538,830
3,426,959
 
  
  
755,832,778
Insurance - 5.8%
  
  
  
American Financial Group Inc/OH
 
117,355
16,631,551
Aon PLC
 
363,633
131,107,878
Arch Capital Group Ltd (b)(c)
  
606,006
60,921,783
Arthur J Gallagher & Co (b)
  
435,641
108,657,578
Assurant Inc
 
84,900
23,703,231
Brown & Brown Inc
 
496,306
34,939,942
Chubb Ltd
 
616,606
216,231,393
Erie Indemnity Co Class A (b)
  
43,066
10,423,695
Everest Group Ltd
 
68,997
25,815,228
Globe Life Inc
 
134,953
24,595,184
Hanover Insurance Group Inc/The
 
60,012
13,960,592
Hartford Insurance Group Inc/The
 
472,808
67,096,183
Loews Corp
 
286,437
33,229,556
Marsh & McLennan Cos Inc
 
820,715
155,681,428
Progressive Corp/The
 
993,591
210,065,010
Reinsurance Group of America Inc
 
111,402
26,385,564
RLI Corp (b)
  
155,689
9,534,394
Selective Insurance Group Inc
 
101,855
9,654,835
Travelers Companies Inc/The (b)
  
366,579
137,232,514
Unum Group
 
258,432
22,253,580
W R Berkley Corp
 
505,108
36,640,534
 
  
  
1,374,761,653
TOTAL FINANCIALS
  
  
2,579,641,123
Health Care - 10.7%
  
  
  
Biotechnology - 3.5%
  
  
  
AbbVie Inc
 
1,234,432
309,768,366
Amgen Inc
 
912,865
351,599,084
Biogen Inc (b)(c)
  
248,795
50,492,945
Regeneron Pharmaceuticals Inc
 
170,887
130,323,553
 
  
  
842,183,948
Health Care Equipment & Supplies - 0.3%
  
  
  
Becton Dickinson & Co (b)
  
482,711
79,946,596
Health Care Providers & Services - 1.0%
  
  
  
Chemed Corp
 
24,012
12,780,387
Quest Diagnostics Inc
 
186,478
43,451,239
UnitedHealth Group Inc
 
458,331
189,932,366
 
  
  
246,163,992
Pharmaceuticals - 5.9%
  
  
  
Eli Lilly & Co
 
291,361
334,727,171
Johnson & Johnson
 
2,793,263
716,052,970
Merck & Co Inc (b)
  
2,494,421
324,773,614
 
  
  
1,375,553,755
TOTAL HEALTH CARE
  
  
2,543,848,291
Industrials - 9.9%
  
  
  
Aerospace & Defense - 5.1%
  
  
  
General Dynamics Corp
 
430,230
164,958,787
Honeywell Aerospace Inc
 
538,149
111,256,924
Huntington Ingalls Industries Inc (b)
  
66,527
21,717,739
L3Harris Technologies Inc
 
316,634
87,726,616
Lockheed Martin Corp
 
343,240
200,019,678
Northrop Grumman Corp
 
226,159
122,686,734
RTX Corp
 
2,275,526
489,738,706
 
  
  
1,198,105,184
Commercial Services & Supplies - 1.0%
  
  
  
Republic Services Inc
 
341,114
71,821,553
Rollins Inc
 
497,501
18,890,113
Waste Management Inc
 
629,058
142,513,090
 
  
  
233,224,756
Ground Transportation - 0.3%
  
  
  
Landstar System Inc
 
57,739
10,091,045
Union Pacific Corp
 
217,433
63,518,702
 
  
  
73,609,747
Industrial Conglomerates - 0.5%
  
  
  
Honeywell International Inc
 
538,149
130,797,114
Machinery - 0.8%
  
  
  
Donaldson Co Inc
 
195,526
18,426,370
Graco Inc
 
281,064
22,310,860
IDEX Corp
 
126,888
29,241,340
Nordson Corp
 
89,709
26,713,546
Otis Worldwide Corp
 
658,983
47,413,827
Snap-on Inc
 
88,006
36,118,542
Toro Co/The
 
165,256
15,182,069
 
  
  
195,406,554
Professional Services - 1.8%
  
  
  
Automatic Data Processing Inc
 
682,586
181,881,866
Booz Allen Hamilton Holding Corp Class A
 
204,438
14,253,417
Broadridge Financial Solutions Inc
 
197,920
30,469,784
CACI International Inc (b)(c)
  
37,441
18,636,258
Exponent Inc
 
84,572
5,653,638
FTI Consulting Inc (b)(c)
  
51,307
8,177,310
Jacobs Solutions Inc
 
199,103
26,864,968
Leidos Holdings Inc
 
216,747
25,055,953
Maximus Inc
 
92,475
5,571,619
Paychex Inc
 
547,688
63,991,866
Science Applications International Corp
 
76,502
8,960,679
Verisk Analytics Inc (b)
  
236,273
46,037,794
 
  
  
435,555,152
Trading Companies & Distributors - 0.4%
  
  
  
Fastenal Co
 
1,946,461
92,865,654
TOTAL INDUSTRIALS
  
  
2,359,564,161
Information Technology - 32.8%
  
  
  
Communications Equipment - 3.6%
  
  
  
Cisco Systems Inc
 
6,303,840
731,182,402
Motorola Solutions Inc
 
280,835
122,373,851
 
  
  
853,556,253
Electronic Equipment, Instruments & Components - 1.6%
  
  
  
Amphenol Corp Class A
 
1,850,865
297,434,006
CDW Corp/DE (b)
  
220,713
32,623,588
Teledyne Technologies Inc (c)
  
79,594
52,179,439
 
  
  
382,237,033
IT Services - 2.3%
  
  
  
Accenture PLC Class A (b)
  
434,413
72,077,805
Akamai Technologies Inc (b)(c)
  
243,888
28,091,020
Amdocs Ltd
 
183,003
10,196,927
Cognizant Technology Solutions Corp Class A (b)
  
810,753
44,875,179
IBM Corporation
 
1,584,619
354,400,039
VeriSign Inc
 
139,910
40,576,698
 
  
  
550,217,668
Semiconductors & Semiconductor Equipment - 8.8%
  
  
  
Analog Devices Inc
 
721,787
265,191,762
Broadcom Inc
 
519,390
202,188,139
NVIDIA Corp
 
5,962,938
1,197,059,804
Texas Instruments Inc
 
1,538,534
424,235,365
 
  
  
2,088,675,070
Software - 7.9%
  
  
  
Cadence Design Systems Inc (c)
  
461,451
156,902,569
Dolby Laboratories Inc Class A (b)
  
103,216
6,070,132
Dropbox Inc Class A (b)(c)
  
295,692
9,627,732
Microsoft Corp
 
3,475,212
1,615,000,521
Qualys Inc (b)(c)
  
60,789
8,799,208
Roper Technologies Inc
 
180,715
70,834,859
SPS Commerce Inc (b)(c)
  
63,927
4,691,602
Tyler Technologies Inc (b)(c)
  
72,944
22,583,462
 
  
  
1,894,510,085
Technology Hardware, Storage & Peripherals - 8.6%
  
  
  
Apple Inc
 
6,651,615
2,054,750,390
TOTAL INFORMATION TECHNOLOGY
  
  
7,823,946,499
Materials - 2.6%
  
  
  
Chemicals - 2.0%
  
  
  
Balchem Corp
 
54,903
9,199,272
Corteva Inc
 
1,140,102
89,737,428
Linde PLC
 
791,600
378,685,609
 
  
  
477,622,309
Containers & Packaging - 0.5%
  
  
  
Amcor PLC (b)
  
783,288
35,153,965
AptarGroup Inc
 
109,141
14,620,528
Avery Dennison Corp
 
131,035
22,240,571
Graphic Packaging Holding CO
 
500,320
5,368,434
Packaging Corp of America
 
151,507
37,246,481
Silgan Holdings Inc (b)
  
148,682
5,944,306
 
  
  
120,574,285
Metals & Mining - 0.1%
  
  
  
Royal Gold Inc
 
114,736
22,757,885
TOTAL MATERIALS
  
  
620,954,479
Real Estate - 1.9%
  
  
  
Diversified REITs - 0.1%
  
  
  
WP Carey Inc
 
371,509
27,343,062
Health Care REITs - 0.1%
  
  
  
Omega Healthcare Investors Inc
 
501,068
25,369,073
Residential REITs - 0.9%
  
  
  
American Homes 4 Rent Class A
 
552,680
18,470,566
AvalonBay Communities Inc
 
240,040
44,553,825
Equity LifeStyle Properties Inc
 
328,602
21,382,132
Equity Residential
 
582,836
38,729,452
Essex Property Trust Inc
 
109,246
31,041,158
Invitation Homes Inc
 
956,091
28,415,025
Mid-America Apartment Communities Inc
 
198,177
26,226,744
 
  
  
208,818,902
Retail REITs - 0.5%
  
  
  
Agree Realty Corp
 
203,152
15,805,226
NNN REIT Inc
 
321,996
15,301,249
Realty Income Corp
 
1,559,479
99,603,924
 
  
  
130,710,399
Specialized REITs - 0.3%
  
  
  
Gaming and Leisure Properties Inc
 
479,772
21,488,988
VICI Properties Inc
 
1,811,912
47,743,881
 
  
  
69,232,869
TOTAL REAL ESTATE
  
  
461,474,305
Utilities - 4.0%
  
  
  
Electric Utilities - 2.9%
  
  
  
Alliant Energy Corp
 
368,480
26,081,014
American Electric Power Co Inc
 
822,423
105,146,781
Duke Energy Corp
 
1,318,337
165,359,010
Evergy Inc
 
368,868
30,619,733
Exelon Corp
 
1,734,069
79,455,042
IDACORP Inc
 
91,620
13,093,414
Pinnacle West Capital Corp
 
21,378
2,158,964
Southern Co/The
 
1,866,658
176,473,847
Xcel Energy Inc (b)
  
1,002,814
78,420,055
 
  
  
676,807,860
Multi-Utilities - 1.1%
  
  
  
Ameren Corp (b)
  
468,570
51,359,958
CMS Energy Corp
 
519,463
37,396,140
Consolidated Edison Inc
 
611,880
66,603,138
DTE Energy Co (b)
  
352,077
49,949,164
WEC Energy Group Inc
 
551,742
60,371,610
 
  
  
265,680,010
TOTAL UTILITIES
  
  
942,487,870
TOTAL UNITED STATES
  
  
23,739,461,369
 
TOTAL COMMON STOCKS
 (Cost $17,804,327,618)
  
  
  
23,758,981,690
 
  
  
  
U.S. Treasury Obligations - 0.0%
 
  
Yield (%) (d)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 8/13/2026 (e)
 (Cost $3,007,376)
  
3.64
3,011,000
3,007,985
 
  
  
  
  
Money Market Funds - 1.6%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (f)
  
3.69
22,947,386
22,951,976
Fidelity Securities Lending Cash Central Fund (f)(g)
  
3.72
351,763,438
351,798,614
 
TOTAL MONEY MARKET FUNDS
 (Cost $374,749,005)
  
  
  
374,750,590
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.3%
 (Cost $18,182,083,999)
 
  
 
24,136,740,265
NET OTHER ASSETS (LIABILITIES) - (1.3)%  
(304,451,114)
NET ASSETS - 100.0%
23,832,289,151
 
  
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value and Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
  
  
  
  
CME E-Mini S&P 500 Index Contracts (United States)
145
9/2026
54,514,563
399,456
CME E-Mini S&P MidCap 400 Index Contracts (United States)
47
9/2026
17,732,630
10,230
TOTAL LONG
  
  
  
409,686

Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Non-income producing.
 
(d)
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.
 
(e)
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 $2,698,295.
 
(f)
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.
 
(g)
Investment made with cash collateral received from securities on loan.
 
At period end, the value of non-cash collateral for securities on loan amounted to $147,899,292.
 
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 fund 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 ($)
  
 
Shares,
end
of period
Fidelity Cash Central Fund
14,601,374
935,950,408
927,598,649
839,371
(2,742)
1,585
22,951,976
22,947,386
Fidelity Securities Lending Cash Central Fund
33,976,833
3,551,680,711
3,233,859,926
241,417
996
-
351,798,614
351,763,438
 
48,578,207
4,487,631,119
4,161,458,575
1,080,788
(1,746)
1,585
374,750,590
  
 
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 income 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:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported 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 or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
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.
 
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.
 
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.
 
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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