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Fidelity Central Investment Portfolios LLC – ‘NSAR-A’ for 3/31/08

On:  Friday, 5/30/08, at 12:16pm ET   ·   Effective:  5/30/08   ·   For:  3/31/08   ·   Accession #:  880195-8-103   ·   File #:  811-21667

Previous ‘NSAR-A’:  ‘NSAR-A’ on 4/29/08 for 2/29/08   ·   Next:  ‘NSAR-A’ on 4/29/09 for 2/28/09   ·   Latest:  ‘NSAR-A’ on 5/25/18 for 3/31/18

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/30/08  Fidelity Central Inv Ports LLC    NSAR-A      3/31/08    8:184K                                   Fidelity Aberdeen St… TrFidelity Communication Services Central FundFidelity Consumer Discretionary Central FundFidelity Consumer Staples Central FundFidelity Energy Central FundFidelity Financials Central FundFidelity Floating Rate Central FundFidelity Health Care Central FundFidelity High Income Central Fund 1Fidelity Industrials Central FundFidelity Information Technology Central FundFidelity International Equity Central FundFidelity Materials Central FundFidelity Utilities Central Fund

Semi-Annual Report by an Investment Company   —   Form N-SAR   —   ICA’40
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: NSAR-A      Answer File                                           74    303K 
 3: EX-99.77Q1 OTHR EXHB  Management Contract                       HTML     19K 
 4: EX-99.77Q1 OTHR EXHB  Management Contract                       HTML     19K 
 2: EX-99.77Q1 OTHR EXHB  Subadvisor                                HTML     21K 
 5: EX-99.77Q1 OTHR EXHB  Subadvisor                                HTML     20K 
 6: EX-99.77Q1 OTHR EXHB  Subadvisor                                HTML     23K 
 7: EX-99.77Q1 OTHR EXHB  Subadvisor                                HTML     23K 
 8: EX-99.77Q1 OTHR EXHB  Subadvisor                                HTML     20K 


‘NSAR-A’   —   Answer File




SEC Info rendering:  Data from the Answer File, which may only contain updates to a prior Form N-SAR


Form N-SAR
 
Semi-Annual Report by an Open-End Investment Company
 
Report 
 
      Registrant:   Fidelity Central Investment Portfolios LLCList all N-SARs

Semi-Annual Report (at mid-year) for the 1st-half period ended:  3/31/08

Were there any Answer File errors in the Filing?  None Found
Was the Answer File completed by the Registrant?  Yes

Is this an Amendment to a previous Report?  No
Is this a change to a previous Report?      No
 
Registrant 
 
 1.SEC CIK:      1303459
SEC File #:   811-21667

Telephone #:  603-791-7481
 
 2.Address:      82 Devonshire Street
              Boston, MA  02109
 
 3.Is this the first Form N-SAR filed by the Registrant?  No
 
 4.Is this the final Form N-SAR filed by the Registrant?  No
 
 
Funds/Series Top of Form N-SAR 
                                                                                    
 7.Is the Registrant a Funds/Series (multiple portfolios) company?  Yes

The number of separate Funds/Series (portfolios) at period end:  13
The number of separate Funds/Series (portfolios) reported here: 13...

N-SAR S#      Fund/Series — Filings for F/S#… Symbols 
 
Information Common to All 
Series 14:    Fidelity Consumer Discretionary Central FundS#13523
Series 13:    Fidelity Consumer Staples Central FundS#13525
Series 12:    Fidelity Energy Central FundS#13526
Series 11:    Fidelity Financials Central FundS#13527
Series 2:     Fidelity Floating Rate Central FundS#8404
Series 10:    Fidelity Health Care Central FundS#13528
Series 1:     Fidelity High Income Central Fund 1S#8405
Series 9:     Fidelity Industrials Central FundS#13529
Series 8:     Fidelity Information Technology Central FundS#13530
Series 20:    Fidelity International Equity Central FundS#20954
Series 7:     Fidelity Materials Central FundS#13531
Series 6:     Fidelity Telecom Services Central Fund [ renamed
              Fidelity Communication Services Central Fund ]S#13532
Series 5:     Fidelity Utilities Central FundS#13524
 
Family of Investment Companies 
 
19.Is the Registrant/Series part of a “family” of investment companies?  Yes

Total number of registered management investment companies, Series
and portfolios (excluding any Unit Investment Trusts) in the family:  392

The Identification Code of the family for Form N-SAR Filings:  FIDELITYZZ
 
Investment Company Type 
 
27.Is the Registrant an “open-end” investment company?  Yes, Open-End
 
Additional Disclosures 
 
77.Did the Registrant file any additional Exhibits with the filing of this
Report (listed here and filed either herewith — as one of the ‘EX-99.*’
Exhibits in this Filing — or separately and incorporated by reference)?  Yes

EX-99.77Q1: Other DisclosureYes
 
Subsidiaries 
 
78.Does the Registrant have any wholly-owned investment company
subsidiaries whose operating and financial data are consolidated with
that of the Registrant in this Report?  No
 
 All SeriesList of 13 Funds/Series Reported Here 

Information Common to All Funds/Series
 
 All: Shareholder Servicing/Transfer Agent 
 
12.1Name:         Fidelity Investments Instit. Operations Co.
SEC File #:   084-01839
Location:     Boston, MA
 
 All: Independent Public Accountant 
 
13.1Name:         Deloitte & Touche LLP
Location:     Boston, MA
 
 All: Affiliated Broker/Dealer 
 
14.1Name:         Fidelity Distributors Corp.
SEC File #:   008-08775
 
14.2Name:         Fidelity Brokerage Services LLC
SEC File #:   008-23292
 
14.3Name:         National Financial Services LLC
SEC File #:   008-26740
 
14.4Name:         Fidelity Investments Canada Ltd.
 
14.5Name:         Fidelity Brokerage Services Japan LLC
 
 All: Custodian 
 
15.1Name:         JPMorgan Chase Bank
Role:         Custodian
Location:     New York, NY

Type of custody:  Section 17(f)(1) — Bank
 
15.2Name:         The Bank of New York Co., Inc.
Role:         Custodian
Location:     New York, NY

Type of custody:  Section 17(f)(1) — Bank
 
15.3Name:         JPMorgan Chase Bank
Role:         Sub-Custodian
Location:     New York, NY

Type of custody:  Section 17(f)(1) — Bank
 
15.4Name:         HSBC Bank Argentina S.A.
Role:         Sub-Custodian
Location:     Buenos Aires
              Argentina

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.5Name:         JPMorgan Chase Bank
Role:         Sub-Custodian
Location:     Sydney
              Australia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.6Name:         Bank Austria Creditanstalt AG
Role:         Sub-Custodian
Location:     Vienna
              Austria

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.7Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Al Seef
              Bahrain

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.8Name:         Standard Chartered Bank
Role:         Sub-Custodian
Location:     Dhaka
              Bangladesh

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.9Name:         Fortis Bank (Nederland) N.V.
Role:         Sub-Custodian
Location:     Amsterdam
              Belgium

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.10Name:         The Bank of Bermuda Ltd.
Role:         Sub-Custodian
Location:     Hamilton
              Bermuda

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.11Name:         Barclays Bank of Botswana Ltd.
Role:         Sub-Custodian
Location:     Gaborone
              Botswana

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.12Name:         HSBC Bank Brasil S.A. Banco Multiplo
Role:         Sub-Custodian
Location:     Sao Paulo
              Brazil

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.13Name:         ING Bank N.V.
Role:         Sub-Custodian
Location:     Sofia
              Bulgaria

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.14Name:         Canadian Imperial Bank of Commerce
Role:         Sub-Custodian
Location:     Toronto
              Canada

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.15Name:         Royal Bank of Canada
Role:         Sub-Custodian
Location:     Toronto
              Canada

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.16Name:         Banco De Chile
Role:         Sub-Custodian
Location:     Santiago
              Chile

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.17Name:         HSBC Bank (China) Co. Ltd.
Role:         Sub-Custodian
Location:     Shanghai
              China

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.18Name:         Santander Investment Trust Colombia S.A.
Role:         Sub-Custodian
Location:     Bogota
              Colombia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.19Name:         Privredna Banka Zagreb D.D.
Role:         Sub-Custodian
Location:     Zagreb
              Croatia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.20Name:         Unicredit Bank Czech Republic A.S.
Role:         Sub-Custodian
Location:     Prague
              Czech Republic

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.21Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Ho Chi Minh City
              Vietnam

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.22Name:         Danske Bank A/S
Role:         Sub-Custodian
Location:     Copenhagen
              Denmark

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.23Name:         Marfin Popular Bank Public Co. Ltd.
Role:         Sub-Custodian
Location:     Nicosia
              Cyprus

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.24Name:         Hansabank
Role:         Sub-Custodian
Location:     Tallinn
              Estonia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.25Name:         Skandinaviska Enskilda Banken AB (Publ)
Role:         Sub-Custodian
Location:     Helsinki
              Finland

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.26Name:         BNP Paribas Securities Services S.A.
Role:         Sub-Custodian
Location:     Paris
              France

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.27Name:         Citibank, N.A.
Role:         Sub-Custodian
Location:     Caracas
              Venezuela

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.28Name:         Societe Generale
Role:         Sub-Custodian
Location:     Paris
              France

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.29Name:         Deutsche Bank AG
Role:         Sub-Custodian
Location:     Eschborn
              Germany

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.30Name:         Barclays Bank of Ghana Ltd.
Role:         Sub-Custodian
Location:     Accra
              Ghana

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.31Name:         HSBC Bank plc
Role:         Sub-Custodian
Location:     Athens
              Greece

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.32Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Wan Chai
              Hong Kong

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.33Name:         Deutsche Bank Zrt.
Role:         Sub-Custodian
Location:     Budapest
              Hungary

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.34Name:         Glitnir Banki HF
Role:         Sub-Custodian
Location:     Reykjavik
              Iceland

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.35Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Mumbai
              India

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.36Name:         Standard Chartered Bank
Role:         Sub-Custodian
Location:     Mumbai
              India

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.37Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Jakarta
              Indonesia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.38Name:         Bank of Ireland
Role:         Sub-Custodian
Location:     Dublin
              Ireland

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.39Name:         Barclays Bank of Zambia plc
Role:         Sub-Custodian
Location:     Lusaka
              Zambia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.40Name:         Bank Leumi Le-Israel, B.M.
Role:         Sub-Custodian
Location:     Tel Aviv
              Israel

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.41Name:         Intesa Sanpaolo S.P.A.
Role:         Sub-Custodian
Location:     Milan
              Italy

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.42Name:         Societe Generale De Banques En Cote D’Lviore
Role:         Sub-Custodian
Location:     Abidjan
              Ivory Coast

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.43Name:         First Caribbean International Securities Ltd.
Role:         Sub-Custodian
Location:     Kingston
              Jamaica

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.44Name:         Mizuho Corporate Bank Ltd.
Role:         Sub-Custodian
Location:     Tokyo
              Japan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.45Name:         Bank of Tokyo-Mitsubishi Ufj Ltd.
Role:         Sub-Custodian
Location:     Tokyo
              Japan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.46Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Amman
              Jordan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.47Name:         SB HSBC Bank Kazakhstan JSC
Role:         Sub-Custodian
Location:     Almaty
              Kazakhstan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.48Name:         Barclays Bank of Kenya Ltd.
Role:         Sub-Custodian
Location:     Nairobi
              Kenya

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.49Name:         Hansabanka
Role:         Sub-Custodian
Location:     Riga
              Latvia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.50Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Beirut
              Lebanon

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.51Name:         Seb Bankas
Role:         Sub-Custodian
Location:     Vilnius
              Lithuania

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.52Name:         Fortis Banque Luxembourg S.A.
Role:         Sub-Custodian
Location:     Luxembourg
              Luxembourg

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.53Name:         HSBC Bank Malaysia Berhad
Role:         Sub-Custodian
Location:     Kuala Lumpur
              Malaysia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.54Name:         Barclays Bank of Zimbabwe Ltd.
Role:         Sub-Custodian
Location:     Harare
              Zimbabwe

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.55Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Port Louis
              Mauritius

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.56Name:         Banco Nacional de Mexico, S.A.
Role:         Sub-Custodian
Location:     Mexico City
              Mexico

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.57Name:         Attijariwafa Bank S.A.
Role:         Sub-Custodian
Location:     Casablanca
              Morocco

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.58Name:         Standard Bank Namibia Ltd.
Role:         Sub-Custodian
Location:     Windhoek
              Namibia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.59Name:         Kas Bank N.V.
Role:         Sub-Custodian
Location:     Amsterdam
              Netherlands

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.60Name:         National Australia Bank Ltd.
Role:         Sub-Custodian
Location:     Auckland
              New Zealand

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.61Name:         Ibtc Chartered Bank plc
Role:         Sub-Custodian
Location:     Lagos
              Nigeria

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.62Name:         DNB Nor Bank Asa
Role:         Sub-Custodian
Location:     Oslo
              Norway

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.63Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Ruwi
              Oman

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.64Name:         Standard Chartered Bank
Role:         Sub-Custodian
Location:     Karachi
              Pakistan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.65Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Manila
              Philippines

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.66Name:         Bank Handlowy W. Warszawie S.A.
Role:         Sub-Custodian
Location:     Warsaw
              Poland

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.67Name:         Deutsche Bank AG
Role:         Sub-Custodian
Location:     London
              United Kingdom

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.68Name:         Banco Espirito Santo, S.A.
Role:         Sub-Custodian
Location:     Lisbon
              Portugal

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.69Name:         ING Bank N.V.
Role:         Sub-Custodian
Location:     Bucharest
              Romania

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.70Name:         J.P. Morgan Bank International LLC
Role:         Sub-Custodian
Location:     Moscow
              Russia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.71Name:         ING Bank (Eurasia) Zao
Role:         Sub-Custodian
Location:     Moscow
              Russia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.72Name:         HSBC Bank Malta P.L.C.
Role:         Sub-Custodian
Location:     Valletta
              Malta

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.73Name:         DBS Bank Ltd.
Role:         Sub-Custodian
Location:     Singapore
              Singapore

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.74Name:         Unicredit Bank Slovakia A.S.
Role:         Sub-Custodian
Location:     Bratislava
              Slovak Republic

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.75Name:         Citibank, N.A.
Role:         Sub-Custodian
Location:     Cairo
              Egypt

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.76Name:         Unicredit Banka Slovenija D.D.
Role:         Sub-Custodian
Location:     Ljubljana
              Slovenia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.77Name:         Firstrand Bank Ltd.
Role:         Sub-Custodian
Location:     Johannesburg
              South Africa

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.78Name:         Standard Chartered First Bank Korea Ltd.
Role:         Sub-Custodian
Location:     Seoul
              South Korea

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.79Name:         Santander Investment S.A.
Role:         Sub-Custodian
Location:     Madrid
              Spain

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.80Name:         Hongkong & Shanghai Banking Corp.
Role:         Sub-Custodian
Location:     Colombo
              Sri Lanka

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.81Name:         Skandinaviska Enskilda Banken AB (Publ)
Role:         Sub-Custodian
Location:     Stockholm
              Sweden

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.82Name:         UBS AG
Role:         Sub-Custodian
Location:     Zurich
              Switzerland

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.83Name:         JPMorgan Chase Bank
Role:         Sub-Custodian
Location:     Taipei
              Taiwan

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.84Name:         Standard Chartered Bank (Thai) PCL
Role:         Sub-Custodian
Location:     Bangkok
              Thailand

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.85Name:         Banque Internationale Arabe de Tunisie, S.A.
Role:         Sub-Custodian
Location:     Tunis
              Tunisia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.86Name:         Citibank A.S.
Role:         Sub-Custodian
Location:     Istanbul
              Turkey

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.87Name:         ING Bank Ukraine
Role:         Sub-Custodian
Location:     Kiev
              Ukraine

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.88Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Dubai
              United Arab Emirates

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.89Name:         JPMorgan Chase Bank
Role:         Sub-Custodian
Location:     London
              United Kingdom

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.90Name:         Banco Itau Uruguay S.A.
Role:         Sub-Custodian
Location:     Montevideo
              Uruguay

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.91Name:         HSBC Bank (China) Co. Ltd.
Role:         Sub-Custodian
Location:     Shenzhen
              China

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.92Name:         Citibank Del Peru S.A.
Role:         Sub-Custodian
Location:     Lima
              Peru

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.93Name:         J.P. Morgan AG
Role:         Sub-Custodian
Location:     Frankfurt
              Germany

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.94Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Doha
              Qatar

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.95Name:         Unicredit Bank Srbija A.D.
Role:         Sub-Custodian
Location:     Belgrade
              Serbia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.96Name:         HSBC Bank (Panama) S.A.
Role:         Sub-Custodian
Location:     Panama City
              Panama

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.97Name:         HSBC Bank Middle East Ltd.
Role:         Sub-Custodian
Location:     Safat
              Kuwait

Type of custody:  Rule 17f-5 — Foreign Custodian
 
15.98Name:         Sabb Securities Ltd.
Role:         Sub-Custodian
Location:     Riyadh
              Saudi Arabia

Type of custody:  Rule 17f-5 — Foreign Custodian
 
18.Does the Registrant’s/Series’ Custodian(s) maintain some or all of the
Registrant’s/Series’ securities in a central depository or book-entry
system pursuant to Rule 17f-4?  Yes
 
 All: Brokerage Commissions Paid on Portfolio Transactions 
 
20.The brokers who received the largest amount of gross brokerage
commissions during the period:
 
20.1Broker:       Credit Suisse Group
IRS #:        13-5659485
Commissions paid ($000s)582
 
20.2Broker:       Merrill Lynch & Co., Inc.
IRS #:        13-2740599
Commissions paid ($000s)481
 
20.3Broker:       UBS AG
IRS #:        13-3873456
Commissions paid ($000s)462
 
20.4Broker:       Goldman Sachs Group, Inc.
IRS #:        13-5108880
Commissions paid ($000s)428
 
20.5Broker:       Lehman Brothers, Inc.
IRS #:        13-2933198
Commissions paid ($000s)403
 
20.6Broker:       Citigroup, Inc.
IRS #:        04-3531811
Commissions paid ($000s)381
 
20.7Broker:       JPMorgan Securities, Inc.
IRS #:        13-3224016
Commissions paid ($000s)305
 
20.8Broker:       Morgan Stanley
IRS #:        13-2655998
Commissions paid ($000s)301
 
20.9Broker:       Deutsche Bank AG
IRS #:        36-6843535
Commissions paid ($000s)276
 
20.10Broker:       Bank of America Corp.
IRS #:        04-3410012
Commissions paid ($000s)173
 
21.Total brokerage commissions paid by the Registrant during the period:
  Aggregate paid ($000s)5,109
 
 All: Portfolio Transactions with Entities Acting as Principals 
 
22.The entities acting as principals with whom the Registrant did the
largest amount of portfolio transactions, based on total value of
principal, during the period:
 
22.1Entity:       Fidelity Cash Central Fund
IRS #:        04-3331103
Registrant’s purchases ($000s)1,367,031
Registrant’s sales ($000s)1,252,913
 
22.2Entity:       JPMorgan Chase & Co.
IRS #:        13-3224016
Registrant’s purchases ($000s)105,501
Registrant’s sales ($000s)67,812
 
22.3Entity:       Citigroup, Inc.
IRS #:        04-3531811
Registrant’s purchases ($000s)133,818
Registrant’s sales ($000s)19,482
 
22.4Entity:       Goldman Sachs Group, Inc.
IRS #:        13-5108880
Registrant’s purchases ($000s)98,693
Registrant’s sales ($000s)22,250
 
22.5Entity:       Deutsche Bank AG
IRS #:        36-6843535
Registrant’s purchases ($000s)73,794
Registrant’s sales ($000s)36,536
 
22.6Entity:       Credit Suisse Group
IRS #:        13-5659485
Registrant’s purchases ($000s)83,063
Registrant’s sales ($000s)23,162
 
22.7Entity:       Morgan Stanley
IRS #:        13-2655998
Registrant’s purchases ($000s)67,709
Registrant’s sales ($000s)15,909
 
22.8Entity:       Bank of America Corp.
IRS #:        04-3410012
Registrant’s purchases ($000s)57,774
Registrant’s sales ($000s)15,986
 
22.9Entity:       Vip Contrafund Portfolio
IRS #:        04-3247643
Registrant’s purchases ($000s)45,164
Registrant’s sales ($000s)28,572
 
22.10Entity:       Fidelity Contrafund
IRS #:        04-6056833
Registrant’s purchases ($000s)45,482
Registrant’s sales ($000s)23,730
 
23.Total purchase/sale transactions by the Registrant during the period:
   Aggregate purchases ($000s)21,531,020
   Aggregate sales ($000s)1,888,684
 
 All: Considerations which Affected the Participation of Brokers or Dealers 
 
26.Considerations which affected the participation of brokers or dealers or
other entities in commissions or other compensation paid on portfolio
transactions of the Registrant:

Consideration?
Sales of the Registrant’s/Series’ shares ...............................  No
Receipt of investment research and statistical info ....................  Yes
Receipt of quotations for portfolio valuations .........................  No
Ability to execute portfolio transactions to obtain the best price
  and execution ........................................................  Yes
Receipt of telephone line and wire services ............................  Yes
Broker or Dealer which is an affiliated person .........................  Yes
An arrangement to return or credit part or all of commissions or
  profits thereon...
    To an Investment Adviser or Principal Underwriter, or to an
      affiliated person of either ......................................  No
    To the Registrant ..................................................  Yes
Other ..................................................................  No
 
 All: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.Was a front-end sales load deducted from any share sales during the
period?  No
 
34.Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  No
 
37.Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 All: Payment Plan for the Distribution of Fund Shares 
 
40.During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  No
 
 All: Advisory Fee 
 
45.Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  No
 
 Series 1Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity High Income Central Fund 1S#8405

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 1: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         (See a prior Form N-SAR for who was...)  Deleted
 
 S 1: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 1: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
274
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 30,287
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
87
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
98
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
4,957
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
3,946
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
135
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1,002

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
9,497
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 31,289

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 1: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 1: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 1: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  Yes

The percentage of net assets in each type at period end:

Debt — Short-Term Maturities
U.S. Treasury ...............................      0.0%
U.S. Government Agency ......................      0.0
Repurchase agreements .......................      2.9
State and Municipal – tax-free ..............      0.0
Bank certificates of deposit – domestic .....      0.0
Bank certificates of deposit – foreign ......      0.0
Bankers acceptances .........................      0.0
Commercial paper – taxable ..................      0.0
Time deposits ...............................      0.0
Options .....................................      0.0
All other ...................................      0.0

Debt — Intermediate & Long-Term Maturities
U.S. Treasury ...............................      0.0%
U.S. Government Agency ......................      0.0
State and Municipal – tax-free ..............      0.0
Corporate ...................................    86.5
All other ...................................      8.5

Non-Debt
Investments other than debt securities ......      1.5%
 
63.The dollar-weighted average portfolio maturity at period end in days or,
if longer than one year, in years (to one decimal place):
    Days:     0
    Years:    0.0
 
64.Is the timely payment of principal and interest on any of the
instruments listed in Item 62 insured or guaranteed by an entity other
than the issuer?  Yes

Is the issuer of any instrument covered in Item 62 delinquent or in
default as to payment of principal or interest at period end?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 1: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             No        
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        No        
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             No        
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  No        
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 1: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)57,831
Sales ($000s):      76,468

Monthly average Value of portfolio ($000s)254,736

Percent turnover (lesser of Purchases or Sales, divided by Value):  23%
 
 S 1: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
11,310
Net dividend income .............................................. 22
Account maintenance fees .........................................
Net other income .................................................

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 3
Postage ..........................................................
Printing expenses ................................................
Directors’ fees ..................................................
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 3

Expense reimbursements ($000s):   3

Net investment income ($000s):    11,332

Realized capital gains ($000s):   0
Realized capital losses ($000s)3,269

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)12,580

Total income dividends for which the record date passed during the
period ($000s)11,080

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $3.9610

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 1: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 273
Repurchase agreements ............................................ 7,576
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............ 246,961
Preferred, conv. preferred and adjustable-rate preferred stock ... 2,985
Common stock ..................................................... 910
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................
Receivables from portfolio instruments sold ...................... 350
Receivables from affiliated persons ..............................
Other receivables ................................................ 5,250
All other assets .................................................
Total assets ..................................................... 264,305

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
2,421
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 1,853

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 260,031

Number of shares outstanding (000s):   2,802

Net Asset Value (NAV) per share (to nearest cent):  $92.80

Total number of shareholder accounts:  10

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)267,595
 
 Series 2Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Floating Rate Central FundS#8404

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 2: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         (See a prior Form N-SAR for who was...)  Deleted
 
 S 2: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 2: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
150,384
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 67,140
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
131
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
50,134
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
305
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 4,985
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
302,359
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 302,368
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
112,950
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1,504

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
616,263
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 375,997

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 2: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 2: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 2: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  Yes

The percentage of net assets in each type at period end:

Debt — Short-Term Maturities
U.S. Treasury ...............................      0.0%
U.S. Government Agency ......................      0.0
Repurchase agreements .......................      8.1
State and Municipal – tax-free ..............      0.0
Bank certificates of deposit – domestic .....      0.0
Bank certificates of deposit – foreign ......      0.0
Bankers acceptances .........................      0.0
Commercial paper – taxable ..................      0.0
Time deposits ...............................      0.0
Options .....................................      0.0
All other ...................................      0.0

Debt — Intermediate & Long-Term Maturities
U.S. Treasury ...............................      0.0%
U.S. Government Agency ......................      0.0
State and Municipal – tax-free ..............      0.0
Corporate ...................................      6.9
All other ...................................    89.1

Non-Debt
Investments other than debt securities ......      0.0%
 
63.The dollar-weighted average portfolio maturity at period end in days or,
if longer than one year, in years (to one decimal place):
    Days:     0
    Years:    0.0
 
64.Is the timely payment of principal and interest on any of the
instruments listed in Item 62 insured or guaranteed by an entity other
than the issuer?  Yes

Is the issuer of any instrument covered in Item 62 delinquent or in
default as to payment of principal or interest at period end?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 2: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             No        
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        No        
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             No        
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  No        
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 2: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)642,855
Sales ($000s):      392,375

Monthly average Value of portfolio ($000s)2,276,691

Percent turnover (lesser of Purchases or Sales, divided by Value):  17%
 
 S 2: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
95,422
Net dividend income ..............................................
Account maintenance fees .........................................
Net other income .................................................

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 5
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 5
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 10

Expense reimbursements ($000s):   10

Net investment income ($000s):    95,422

Realized capital gains ($000s):   0
Realized capital losses ($000s)17,517

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)210,439

Total income dividends for which the record date passed during the
period ($000s)92,609

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $3.6190

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 2: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 2,309
Repurchase agreements ............................................ 194,707
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............ 2,306,019
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock .....................................................
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 5,828
Receivables from portfolio instruments sold ...................... 6,920
Receivables from affiliated persons .............................. 3
Other receivables ................................................ 25,086
All other assets .................................................
Total assets ..................................................... 2,540,872

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
118,890
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 14,720

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 2,407,262

Number of shares outstanding (000s):   27,082

Net Asset Value (NAV) per share (to nearest cent):  $88.89

Total number of shareholder accounts:  14

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)2,402,298
 
 Series 5Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Utilities Central FundS#13524

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 5: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.5Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S 5: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 5: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
788
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
224
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
264
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 14
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,256
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
471
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
322
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
4,325
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 19

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 5: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 5: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 5: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 5: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 5: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)83,854
Sales ($000s):      73,902

Monthly average Value of portfolio ($000s)234,625

Percent turnover (lesser of Purchases or Sales, divided by Value):  31%
 
 S 5: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
2
Net dividend income .............................................. 2,397
Account maintenance fees .........................................
Net other income ................................................. 406

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 3
Postage ..........................................................
Printing expenses ................................................
Directors’ fees ..................................................
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 3

Expense reimbursements ($000s):   1

Net investment income ($000s):    2,803

Realized capital gains ($000s):   0
Realized capital losses ($000s)1,216

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)15,464

Total income dividends for which the record date passed during the
period ($000s)2,686

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $1.3200

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 5: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 222,200
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 16,266
Receivables from portfolio instruments sold ...................... 2,028
Receivables from affiliated persons .............................. 39
Other receivables ................................................ 431
All other assets .................................................
Total assets ..................................................... 240,964

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
2,785
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 1,847

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 236,332

Number of shares outstanding (000s):   2,053

Net Asset Value (NAV) per share (to nearest cent):  $115.13

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)253,779
 
 Series 6Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Telecom Services Central Fund [ renamed
              Fidelity Communication Services Central Fund ]S#13532

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 6: Investment Adviser 
 
 8.1Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.2Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.3Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.4Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.5Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S 6: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 6: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
786
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
212
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
230
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 12
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,727
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
364
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
244
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
3,563
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 16

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 6: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 6: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 6: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 6: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 6: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)240,088
Sales ($000s):      229,170

Monthly average Value of portfolio ($000s)208,938

Percent turnover (lesser of Purchases or Sales, divided by Value):  110%
 
 S 6: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
Net dividend income .............................................. 2,026
Account maintenance fees .........................................
Net other income ................................................. 129

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 12
Postage ..........................................................
Printing expenses ................................................
Directors’ fees ..................................................
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 12

Expense reimbursements ($000s):   1

Net investment income ($000s):    2,144

Realized capital gains ($000s):   12,104
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)84,467

Total income dividends for which the record date passed during the
period ($000s)2,097

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $1.2800

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 6: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 11
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 177,925
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 25,540
Receivables from portfolio instruments sold ......................
Receivables from affiliated persons .............................. 14
Other receivables ................................................ 42
All other assets .................................................
Total assets ..................................................... 203,532

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
681
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 23,962

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 178,889

Number of shares outstanding (000s):   1,654

Net Asset Value (NAV) per share (to nearest cent):  $108.13

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)210,793
 
 Series 7Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Materials Central FundS#13531

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 7: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S 7: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 7: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
828
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
243
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
266
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 14
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,094
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
491
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
342
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
4,264
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 19

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 7: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 7: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 7: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 7: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 7: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)114,692
Sales ($000s):      102,598

Monthly average Value of portfolio ($000s)248,880

Percent turnover (lesser of Purchases or Sales, divided by Value):  41%
 
 S 7: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
Net dividend income .............................................. 2,444
Account maintenance fees .........................................
Net other income ................................................. 187

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 5
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 1
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 6

Expense reimbursements ($000s):   1

Net investment income ($000s):    2,626

Realized capital gains ($000s):   0
Realized capital losses ($000s)1,619

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)8,386

Total income dividends for which the record date passed during the
period ($000s)2,698

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $1.5300

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 7: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 249,710
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 4,515
Receivables from portfolio instruments sold ...................... 2,278
Receivables from affiliated persons .............................. 11
Other receivables ................................................ 311
All other assets .................................................
Total assets ..................................................... 256,825

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
4,033
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 1,830

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 250,962

Number of shares outstanding (000s):   1,778

Net Asset Value (NAV) per share (to nearest cent):  $141.13

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)252,768
 
 Series 8Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Information Technology Central FundS#13530

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 8: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S 8: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 8: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
3,824
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 11
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,035
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,149
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 61
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
8,371
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,778
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 5
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,222
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 7

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
17,379
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 88

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 8: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 8: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 8: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 8: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 8: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)1,148,337
Sales ($000s):      1,170,698

Monthly average Value of portfolio ($000s)1,022,535

Percent turnover (lesser of Purchases or Sales, divided by Value):  112%
 
 S 8: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
5
Net dividend income .............................................. 2,669
Account maintenance fees .........................................
Net other income ................................................. 999

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 72
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 2
Registration fees ................................................
Taxes ............................................................
Interest ......................................................... 12
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 86

Expense reimbursements ($000s):   2

Net investment income ($000s):    3,589

Realized capital gains ($000s):   44,045
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)303,604

Total income dividends for which the record date passed during the
period ($000s)3,556

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.4600

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 8: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 681
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 856,986
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 140,413
Receivables from portfolio instruments sold ...................... 11,623
Receivables from affiliated persons .............................. 239
Other receivables ................................................ 1,573
All other assets .................................................
Total assets ..................................................... 1,011,515

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
16,960
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 89,852

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 904,703

Number of shares outstanding (000s):   7,775

Net Asset Value (NAV) per share (to nearest cent):  $116.36

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)1,040,526
 
 Series 9Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Industrials Central FundS#13529

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 9: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S 9: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S 9: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,637
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
794
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
838
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 44
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
6,471
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,469
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 4
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,019
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 6

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
13,228
      Reinvestment of dividends and distributions ................ 3
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 59

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S 9: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S 9: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 9: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S 9: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S 9: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)423,511
Sales ($000s):      420,033

Monthly average Value of portfolio ($000s)783,605

Percent turnover (lesser of Purchases or Sales, divided by Value):  54%
 
 S 9: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
Net dividend income .............................................. 5,387
Account maintenance fees .........................................
Net other income ................................................. 375

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 16
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 1
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 17

Expense reimbursements ($000s):   3

Net investment income ($000s):    5,748

Realized capital gains ($000s):   13,301
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)83,980

Total income dividends for which the record date passed during the
period ($000s)5,755

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.9400

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 9: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 1
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............ 252
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 748,796
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 36,254
Receivables from portfolio instruments sold ...................... 12,093
Receivables from affiliated persons .............................. 63
Other receivables ................................................ 1,118
All other assets .................................................
Total assets ..................................................... 798,577

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
7,979
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 29,077

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 761,521

Number of shares outstanding (000s):   6,165

Net Asset Value (NAV) per share (to nearest cent):  $123.52

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)784,407
 
 Series 10Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Health Care Central FundS#13528

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S10: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S10: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S10: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,592
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
802
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
853
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 45
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
7,125
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,472
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 4
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
984
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 6

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
13,828
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 60

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S10: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  No
Services of outside counsel ............................................  No
Registration and filing fees ...........................................  No
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S10: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S10: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S10: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S10: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)491,988
Sales ($000s):      502,300

Monthly average Value of portfolio ($000s)754,771

Percent turnover (lesser of Purchases or Sales, divided by Value):  65%
 
 S10: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
2
Net dividend income .............................................. 3,421
Account maintenance fees .........................................
Net other income ................................................. 612

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 55
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 1
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 56

Expense reimbursements ($000s):   3

Net investment income ($000s):    3,982

Realized capital gains ($000s):   4,663
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)121,882

Total income dividends for which the record date passed during the
period ($000s)3,852

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.5700

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S10: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 658,313
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 34,493
Receivables from portfolio instruments sold ...................... 9,735
Receivables from affiliated persons .............................. 81
Other receivables ................................................ 860
All other assets .................................................
Total assets ..................................................... 703,482

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
5,448
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 1,251

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 696,783

Number of shares outstanding (000s):   6,804

Net Asset Value (NAV) per share (to nearest cent):  $102.40

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)786,359
 
 Series 11Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Financials Central FundS#13527

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S11: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S11: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1Name:         Goldman Sachs Group, Inc.
IRS #:        13-5108880
Type of security owned:  Equity
Value of securities owned at period end ($000s)13,827
 
25.2Name:         Citigroup, Inc.
IRS #:        04-3531811
Type of security owned:  Equity
Value of securities owned at period end ($000s)47,330
 
25.3Name:         Credit Suisse Group
IRS #:        13-5659485
Type of security owned:  Equity
Value of securities owned at period end ($000s)2,625
 
25.4Name:         JPMorgan Chase & Co.
IRS #:        13-3224016
Type of security owned:  Equity
Value of securities owned at period end ($000s)64,111
 
25.5Name:         Merrill Lynch & Co., Inc.
IRS #:        13-2740599
Type of security owned:  Equity
Value of securities owned at period end ($000s)4,483
 
25.6Name:         Morgan Stanley
IRS #:        13-2655998
Type of security owned:  Equity
Value of securities owned at period end ($000s)13,390
 
25.7Name:         Lehman Brothers Holdings, Inc.
IRS #:        13-2933198
Type of security owned:  Equity
Value of securities owned at period end ($000s)22,381
 
 S11: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
4,334
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,018
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,278
      Reinvestment of dividends and distributions ................ 3
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 69
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
9,586
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 4
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,075
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 5
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,372
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 10

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
19,663
      Reinvestment of dividends and distributions ................ 7
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 92

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S11: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S11: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S11: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S11: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S11: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)247,502
Sales ($000s):      283,024

Monthly average Value of portfolio ($000s)1,141,152

Percent turnover (lesser of Purchases or Sales, divided by Value):  22%
 
 S11: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
Net dividend income .............................................. 15,732
Account maintenance fees .........................................
Net other income ................................................. 1,039

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 8
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 3
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 11

Expense reimbursements ($000s):   7

Net investment income ($000s):    16,767

Realized capital gains ($000s):   0
Realized capital losses ($000s)59,998

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)270,866

Total income dividends for which the record date passed during the
period ($000s)16,279

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $1.3500

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S11: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 948,187
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 184,090
Receivables from portfolio instruments sold ...................... 1,002
Receivables from affiliated persons .............................. 198
Other receivables ................................................ 1,692
All other assets ................................................. 9
Total assets ..................................................... 1,135,178

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 121,056

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 1,014,122

Number of shares outstanding (000s):   12,159

Net Asset Value (NAV) per share (to nearest cent):  $83.40

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)1,163,147
 
 Series 12Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Energy Central FundS#13526

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S12: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.3Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.4Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S12: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S12: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,453
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
750
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
791
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 41
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
6,484
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,516
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,050
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 7

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
13,044
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 55

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S12: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S12: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S12: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S12: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S12: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)311,953
Sales ($000s):      300,964

Monthly average Value of portfolio ($000s)764,506

Percent turnover (lesser of Purchases or Sales, divided by Value):  39%
 
 S12: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
1
Net dividend income .............................................. 2,872
Account maintenance fees .........................................
Net other income ................................................. 99

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 24
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 3
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 27

Expense reimbursements ($000s):   2

Net investment income ($000s):    2,947

Realized capital gains ($000s):   39,256
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)19,848

Total income dividends for which the record date passed during the
period ($000s)2,924

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.5500

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S12: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 771,444
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 6,751
Receivables from portfolio instruments sold ...................... 23,003
Receivables from affiliated persons .............................. 25
Other receivables ................................................ 318
All other assets .................................................
Total assets ..................................................... 801,541

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
21,266
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 7,763

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 772,512

Number of shares outstanding (000s):   5,361

Net Asset Value (NAV) per share (to nearest cent):  $144.10

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)764,362
 
 Series 13Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Consumer Staples Central FundS#13525

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S13: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.3Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.4Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S13: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S13: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,830
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
556
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
622
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 33
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
5,160
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,130
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
796
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 4

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
10,094
      Reinvestment of dividends and distributions ................ 3
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 44

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S13: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S13: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S13: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S13: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S13: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)194,729
Sales ($000s):      185,008

Monthly average Value of portfolio ($000s)587,408

Percent turnover (lesser of Purchases or Sales, divided by Value):  31%
 
 S13: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
Net dividend income .............................................. 5,285
Account maintenance fees .........................................
Net other income ................................................. 341

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 37
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 2
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 39

Expense reimbursements ($000s):   1

Net investment income ($000s):    5,588

Realized capital gains ($000s):   5,314
Realized capital losses ($000s)0

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)1,948

Total income dividends for which the record date passed during the
period ($000s)5,565

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $1.1900

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S13: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 589,793
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 31,608
Receivables from portfolio instruments sold ...................... 5,191
Receivables from affiliated persons .............................. 43
Other receivables ................................................ 1,607
All other assets ................................................. 27
Total assets ..................................................... 628,269

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
9,248
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 21,920

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 597,101

Number of shares outstanding (000s):   4,707

Net Asset Value (NAV) per share (to nearest cent):  $126.85

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)591,565
 
 Series 14Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity Consumer Discretionary Central FundS#13523

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S14: Investment Adviser 
 
 8.1Name:         FMR Co., Inc.
Role:         Adviser
SEC File #:   801-03447
Location:     Boston, MA
 
 8.2Name:         Fidelity Intl Investment Advisors, Inc. (Fiia)
Role:         Sub-Adviser
Location:     Pembroke
              Bermuda
 
 8.3Name:         Fidelity Intl Investment Advisors (U.K.) Ltd.
Role:         Sub-Adviser
Location:     London
              England
 
 8.4Name:         Fidelity Research & Analysis Co. (Frac)
Role:         Sub-Adviser
SEC File #:   801-28774
Location:     Boston, MA
 
 8.5Name:         Fidelity Investments Japan Ltd. (Fij)
Role:         Sub-Adviser
Location:     Tokyo
              Japan
 
 8.6Name:         Fidelity Management & Research (U.K.), Inc.
Role:         Sub-Adviser
SEC File #:   801-28773
Location:     London
              England
 
 S14: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S14: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
2,299
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
672
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
701
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 38
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
5,353
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,219
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
824
      Reinvestment of dividends and distributions ................ 1
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 5

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
11,068
      Reinvestment of dividends and distributions ................ 2
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) .. 51

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S14: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  Yes
Services of independent auditors .......................................  Yes
Services of outside counsel ............................................  Yes
Registration and filing fees ...........................................  Yes
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  Yes
Determination of offering and redemption prices ........................  Yes
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  Yes
Other ..................................................................  Yes
 
 S14: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S14: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.Is the Registrant/Series an index Fund?  No
 
 S14: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S14: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)235,950
Sales ($000s):      215,376

Monthly average Value of portfolio ($000s)655,014

Percent turnover (lesser of Purchases or Sales, divided by Value):  33%
 
 S14: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
1
Net dividend income .............................................. 5,427
Account maintenance fees .........................................
Net other income ................................................. 371

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 5
Postage ..........................................................
Printing expenses ................................................
Directors’ fees .................................................. 1
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 6

Expense reimbursements ($000s):   4

Net investment income ($000s):    5,797

Realized capital gains ($000s):   0
Realized capital losses ($000s)24,278

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)96,773

Total income dividends for which the record date passed during the
period ($000s)4,973

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.8400

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S14: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash ............................................................. 308
Repurchase agreements ............................................
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 600,176
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 104,196
Receivables from portfolio instruments sold ...................... 915
Receivables from affiliated persons .............................. 66
Other receivables ................................................ 760
All other assets .................................................
Total assets ..................................................... 706,421

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
1,541
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 100,547

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 604,333

Number of shares outstanding (000s):   5,965

Net Asset Value (NAV) per share (to nearest cent):  $101.32

Total number of shareholder accounts:  9

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)654,481
 
 Series 20Information Common to All Funds/Series  List of 13 Funds/Series 
 
 7.Name:         Fidelity International Equity Central FundS#20954

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S20: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S20: Sales and Repurchases 
 
28.Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
887,610
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
1,648
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
551
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
889,809
      Reinvestment of dividends and distributions ................
      Other ......................................................
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s)0
 
 S20: Advisory Fee 
 
49.Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
 S20: Miscellaneous Info 
 
55.Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S20: Classification and Asset Allocation 
 
58.Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.Is the Registrant/Series a management investment company?  Yes
 
60.Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
62.Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.Is the Registrant/Series a “balanced” Fund?  No
 
68.Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  Yes
 
69.Is the Registrant/Series an index Fund?  No
 
 S20: Investment Practices 
 
70.Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes to both
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        
Short selling?                                           Yes      No
 
 S20: Portfolio Turnover 
 
71.Portfolio turnover rate for the period:
 
Purchases ($000s)1,004,680
Sales ($000s):      121,001

Monthly average Value of portfolio ($000s)446,714

Percent turnover (lesser of Purchases or Sales, divided by Value):  27%
 
 S20: Financial Info — Income and Expenses 
 
72.The number of months covered by the values in Items 72 and 73:  4

Income  ($000s)
Net interest income ..............................................
191
Net dividend income .............................................. 4,171
Account maintenance fees .........................................
Net other income ................................................. 321

Expenses  ($000s)
Advisory fees ....................................................
Administrator fees ...............................................
Salaries and other compensation ..................................
Shareholder Servicing Agent fees .................................
Custodian fees ................................................... 54
Postage ..........................................................
Printing expenses ................................................
Directors’ fees ..................................................
Registration fees ................................................
Taxes ............................................................
Interest .........................................................
Bookkeeping fees paid to anyone performing this service ..........
Auditing fees ....................................................
Legal fees .......................................................
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
Amortization of organization expenses ............................
Shareholder meeting expenses .....................................
Other expenses ...................................................
Total expenses ................................................... 54

Expense reimbursements ($000s):   1

Net investment income ($000s):    4,630

Realized capital gains ($000s):   0
Realized capital losses ($000s)19,057

Net unrealized appreciation during the period ($000s)0
Net unrealized depreciation during the period ($000s)107,965

Total income dividends for which the record date passed during the
period ($000s)4,472

Total capital gains distributions for which the record date passed
during the period ($000s)0
 
73.Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.5000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S20: Financial Info — Condensed Balance Sheet Data 
 
74.Assets  ($000s)
Cash .............................................................
Repurchase agreements ............................................ 1,043
Short-term debt securities, other than repurchase agreements .....
Long-term debt securities, including convertible debt ............
Preferred, conv. preferred and adjustable-rate preferred stock ...
Common stock ..................................................... 756,160
Options on equities ..............................................
Options on all futures ...........................................
Other investments ................................................ 30,313
Receivables from portfolio instruments sold ...................... 11,173
Receivables from affiliated persons .............................. 73
Other receivables ................................................ 2,315
All other assets ................................................. 1
Total assets ..................................................... 801,078

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
11,540
Amounts owed to affiliated persons ...............................
Senior long-term debt ............................................
Other liabilities:
  Reverse repurchase agreements ..................................
  Short sales ....................................................
  Written options ................................................
  All other liabilities .......................................... 26,593

Equity  ($000s)
Senior equity ....................................................
Net assets of common shareholders ................................ 762,945

Number of shares outstanding (000s):   8,946

Net Asset Value (NAV) per share (to nearest cent):  $85.28

Total number of shareholder accounts:  8

Total value of assets in segregated accounts ($000s)0
 
75.Monthly average net assets during the period ($000s)784,989
 
 Signature  Top of Form N-SAR 
                                                                                    
/s/      Kenneth Robins      
Name:   Kenneth Robins
Title:  Deputy Treasurer

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