Fidelity Asset Manager 60%

Fidelity Charles Street Trust · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FSANXFSAAXFSCNXFSATXFSNIXFIQAX
$5.65B NAV
35 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Asset Manager 60% is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Asset Manager 60% seeks high total return over the long term by allocating its assets among stocks, bonds, short-term instruments, and other investments.

Strategy · summarised

The fund allocates assets across stocks, bonds, and short-term instruments, maintaining a neutral target of 60% stocks, 35% bonds, and 5% cash while adjusting allocations within stated ranges. It invests in domestic and foreign securities both directly and through Fidelity's central funds and exchange-traded funds. Because the fund adjusts its allocation among asset classes, its exposure to stocks, bonds, and cash will vary over time within the permitted ranges.

Expenses
0.55% 1.67%across 6 share classes
Share classGrossNet
FSANX0.65%0.63%
FSAAX0.95%0.92%
FSCNX1.70%1.67%
FSATX1.20%1.17%
FSNIX0.70%0.67%
FIQAX0.58%0.55%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 29.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
99.99%
of net assets
Stocks98.80%
Cash & short-term1.04%
Bonds0.13%
Derivatives0.02%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 15 new13 exited

Largest new: ISHARES INC, UST BILLS ×4, CHICAGO BOARD OF TRADE ×2, CHICAGO MERCANTILE EXCH INC

Largest exited: UST BILLS ×5, CHICAGO BOARD OF TRADE, CHICAGO MERCANTILE EXCH INC, ICE FUTURES US

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+23.89%+46.02%+38.13%9.64%-7.90%
+23.61%-60.65%-91.07%9.66%-68.29%
+22.68%+13.84%-16.75%9.61%-10.90%
+23.25%-34.43%-73.91%9.65%-47.00%
+23.96%+45.85%+37.90%9.65%-7.90%
+24.07%+46.45%+38.88%9.60%-7.83%

These classes hold the same portfolio, so the 129.95pp spread over 5 years is the cost difference between them — roughly 25.99pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
0.00%
Avg maturity
0.09 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Central Investment Portfolios LLC30.02%$1.70B
Fidelity Central Investment Portfolios II LLC27.38%$1.55B
Fidelity Central Investment Portfolios LLC17.05%$964.11M
Fidelity Central Investment Portfolios LLC8.84%$499.48M
Fidelity Covington Trust2.79%$157.50M
Fidelity Covington Trust2.25%$127.25M
Fidelity Central Investment Portfolios II LLC1.94%$109.70M
Fidelity Hanover Street Trust1.45%$81.85M
Fidelity Oxford Street Trust II1.33%$74.97M
Fidelity Covington Trust1.15%$65.23M
Showing 10 of 35Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 94.19% of net assets, top 25 99.96%, across 12 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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