Basket Holdings: 312AS OF 12/31/2025

SymbolCompanyWeight
Fidelity Securities Lending Cash Central Fund5.50
Net Other Assets4.00
Live Nation Entertainment, Inc. 4.75%1.21
Fidelity Cash Central Fund1.10
Us Dollar1.02
Allison Transmission Inc. 3.75%1.00
Rithm Capital Corp. 8%0.99
New Flyer Holdings Inc. 9.25%0.99
Enova International Inc. 9.125%0.97
Wayfair LLC 7.75%0.94
Mineral Resources Ltd. 8.5%0.92
CoreWeave Inc. 9.25%0.91
EnQuest PLC 11.625%0.87
BlueLinx Holdings Inc. 6%0.87
Iron Mountain Information Management Servces Inc 5%0.84
CVR Partners, LP and CVR Nitrogen Finance Corporation 6.125%0.84
Rain Carbon Inc 12.25%0.82
Telecom Italia Capital S.A. 7.721%0.82
Gci Llc 4.75%0.80
GFL Environmental Inc. 4%0.80
Resorts World Las Vegas LLC / RWLV Capital Inc. 8.45%0.80
Karoon USA Finance Inc. 10.5%0.79
SBA Communications Corp. 3.125%0.77
Millicom International Cellular SA 4.5%0.76
Enerflex Inc. 6.875%0.74
RHP Hotel Properties LP / RHP Finance Corporation 6.5%0.71
Belron U.K Finance PLC 5.75%0.70
Golar LNG Limited 7.5%0.70
Novelis Corporation 4.75%0.70
Somnigroup International Inc. 3.875%0.69
Delek Logistics Partners LP/ Delek Logistics Finance Corp. 8.625%0.68
Aptiv PLC / Aptiv Global Financing DAC 6.875%0.67
Amerigas Partners, L.P./Amerigas Finance Corp. 5.75%0.67
GEO Group Inc 10.25%0.67
Edison International 8.125%0.65
Carvana Co 0.03226%0.65
Allegiant Travel Company 7.25%0.65
Comstock Resources, Inc. 6.75%0.65
Griffon Corp 5.75%0.63
Bread Financial Holdings Inc 8.375%0.63
California Resources Corporation 8.25%0.63
Global Aircraft Leasing Co Ltd 8.75%0.61
Brookfield Residential Properties Inc. 4.875%0.61
TransDigm, Inc. 4.875%0.60
Amerigas Partners, L.P./Amerigas Finance Corp. 9.375%0.60
Danaos Corp. 6.875%0.60
Directv Financing LLC/Directv Financing Co-Obligor Inc. 8.875%0.59
Wabash National Corporation 4.5%0.58
Brookfield Residential Properties Inc. 5%0.58
TransDigm, Inc. 6.875%0.58
Saturn Oil & Gas Inc 9.625%0.57
TransDigm, Inc. 4.625%0.56
HTA Group Limited (Mauritius) 7.5%0.56
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%0.56
HLF Financing SaRL LLC and Herbalife International Inc. 4.875%0.55
Garrett Motion Holdings Inc. / Garrett LX I S.a.r.l. 7.75%0.55
Amer Sports Co. 6.75%0.55
Valaris Ltd. 8.375%0.54
Millrose Properties Inc. 6.375%0.54
Taseko Mines Limited 8.25%0.54
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-I0.53
HLF Financing SaRL LLC and Herbalife International Inc. 12.25%0.53
Travel Plus Leisure Co 4.5%0.52
Iron Mountain Inc. 4.5%0.52
EchoStar Corp. 10.75%0.50
LSB Industries Inc 6.25%0.50
Rockcliff Energy II LLC 5.5%0.50
EnerSys 4.375%0.50
Perimeter Holdings LLC 6.25%0.49
Eldorado Gold Corp 6.25%0.49
Owens Brockway Glass Container Inc. 7.25%0.49
United Rentals (North America), Inc. 5.375%0.48
Anywhere Real Estate Group LLC/Anywhere Co-Issuer Corp. 9.75%0.48
Phinia Inc. 6.625%0.47
Davita Inc 4.625%0.46
Sealed Air Corp. / Sealed Air Corp. US 6.5%0.46
Nickel Industries Ltd. 9%0.45
Apollo Commercial Real Estate Finance, Inc. 4.625%0.45
NGL Energy Operating LLC/ NGL Energy Finance Corp 8.125%0.44
Viking Cruises, Ltd. 5.875%0.44
Directv Financing LLC/Directv Financing Co-Obligor Inc. 10%0.44
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 6.125%0.44
Dotdash Meredith Inc 7.625%0.43
Moog Inc. 4.25%0.43
Lamar Media Corp. 3.625%0.43
Univision Communications Inc. 9.375%0.43
Pennymac Financial Services Inc 6.875%0.42
Midwest Gaming Borrower LLC 4.875%0.42
Synchrony Financial 7.25%0.42
Genmab AS And Genmab Finance LLC 7.25%0.42
Adtalem Global Education Inc 5.5%0.42
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25%0.42
Kontoor Brands Inc 4.125%0.41
Millicom International Cellular SA 7.375%0.41
Millrose Properties Inc. 6.25%0.41
Davita Inc 6.75%0.41
Jazz Securities Designated Activity Co. 4.375%0.40
ATS Corporation (Canada) 4.125%0.40
Atlanticus Holdings Corp. 0%0.39
OneMain Financial Corporation 3.875%0.39
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25%0.39
LifePoint Health, Inc 11%0.38
Performance Food Group Inc 4.25%0.38
Pagaya US Holding Co. LLC 0%0.38
Emera Inc 6.75%0.37
Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.125%0.36
GoEasy Limited 7.375%0.36
Medline Borrower LLP / Medline Co-Issuer Inc. 6.25%0.36
WULF Compute LLC 7.75%0.35
Nufarm Australia Limited / Nufarm Americas Inc 5%0.35
GoEasy Limited 9.25%0.35
Advance Auto Parts Inc. 7.375%0.35
The Chemours Company LLC 5.75%0.34
Minerals Technologies Inc. 5%0.34
Virgin Media Secured Finance PLC 5.5%0.33
Directv Financing LLC/Directv Financing Co-Obligor Inc. 8.875%0.33
Apld Computeco LLC 0%0.33
Moss Creek Resources Holdings Inc 8.25%0.33
Weatherford International Ltd Bermuda 6.75%0.33
Mineral Resources Ltd. 7%0.33
AMC Networks Inc 10.25%0.32
Resorts World Las Vegas LLC / RWLV Capital Inc. 4.625%0.32
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 10%0.32
Howard Hughes Holdings Inc. 4.125%0.32
Compass Minerals International Inc. 8%0.32
Delek Logistics Partners LP/ Delek Logistics Finance Corp. 7.125%0.31
Allied Universal Holdco LLC / Allied Universal Finance Corporation 7.875%0.31
ams OSRAM AG 12.25%0.31
Dycom Industries, Inc. 4.5%0.31
1261229 Bc Ltd. 10%0.31
GEO Group Inc 8.625%0.30
Anywhere Real Estate Group LLC/Anywhere Co-Issuer Corp. 7%0.30
Topaz Solar Farms LLC 5.75%0.30
Rithm Capital Corp. 8%0.29
FMG Resources (August 2006) Pty Ltd. 5.875%0.29
Builders Firstsource, Inc. 6.75%0.29
AMC Networks Inc 10.5%0.28
Nexstar Media Inc. 4.75%0.28
Diversified Healthcare Trust 7.25%0.28
Ithaca Energy (North Sea) plc 8.125%0.28
Comstock Resources, Inc. 6.75%0.28
Talen Energy Supply LLC 6.25%0.28
WarnerMedia Holdings Inc. 5.05%0.27
Telecom Italia Capital S.A. 7.2%0.27
NRG Energy, Inc. 3.375%0.27
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4.375%0.27
OneMain Financial Corporation 7.875%0.27
PROG Holdings Inc. 6%0.27
SunCoke Energy, Inc. 4.875%0.27
Citigroup Inc. 6.875%0.27
Arcosa Inc 6.875%0.26
Pennymac Financial Services Inc 7.875%0.26
TransDigm, Inc. 6.375%0.26
Firstcash Inc 5.625%0.26
Borr IHC Ltd / Borr Finance LLC/ Borr Natt Inc/ Borr West Africa Assets Inc0.26
Murphy Oil USA Inc 3.75%0.25
Shift4 Payments Llc / Shift4 Payments Finance Subordinated Incorporated 6.70.25
Emergent Biosolutions Inc 3.875%0.25
Allison Transmission Inc. 5.875%0.25
Bread Financial Holdings Inc 6.75%0.24
Post Holdings Inc. 6.375%0.24
CVR Energy Inc. 8.5%0.24
Post Holdings Inc. 6.5%0.24
Rakuten Group Inc. 9.75%0.24
Five Point Operating Company LP Five Point Capital Corp 8%0.24
Acrisure Llc / Acrisure Fin Inc 7.5%0.24
Pennymac Financial Services Inc 5.75%0.23
Hilton Domestic Operating Co Inc. 5.75%0.23
K Hovnanian Enterprises Inc 8.375%0.23
Champion Iron Canada Inc. 7.875%0.23
Talen Energy Supply LLC 8.625%0.23
California Resources Corporation 7%0.23
Level 3 Financing, Inc. 8.5%0.22
Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 6.25%0.22
Tibco Software Inc 6.5%0.22
Cimpress PLC 7.375%0.22
Viridien SA 10%0.22
Arcosa Inc 4.375%0.22
Marex Group Plc 5.829%0.22
Edison International 7.875%0.22
Wyndham Hotels & Resorts Inc 4.375%0.22
Novelis Corporation 6.875%0.22
Altagas Ltd0.22
Enviri Corp. 5.75%0.22
HA Sustainable Infrastructure Capital Inc 6.15%0.22
Sunoco LP 6.625%0.22
Carnival Corporation 5.75%0.22
Patrick Industries Inc. 6.375%0.22
Global Partners LP / GLP Finance Corp. 7.125%0.21
Genesee & Wyoming Inc 6.25%0.21
RHP Hotel Properties LP / RHP Finance Corporation 4.5%0.21
Bombardier Inc. 6.75%0.21
Amerigas Partners, L.P./Amerigas Finance Corp. 9.5%0.21
Asgn Incorporated 4.625%0.21
Avis Budget Car Rental LLC/Avis Budget Finance Inc. 8.375%0.21
Delek Logistics Partners LP/ Delek Logistics Finance Corp. 7.375%0.21
Kinetik Holdings LP 6.625%0.21
Pennymac Financial Services Inc 6.75%0.21
RHP Hotel Properties LP / RHP Finance Corporation 6.5%0.20
Fair Isaac Corporation 6%0.20
Enpro Inc 6.125%0.20
Davita Inc 3.75%0.20
Flash Compute LLC 7.25%0.20
Noble Finance II LLC. 8%0.20
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%0.20
Davita Inc 6.875%0.20
Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125%0.19
Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875%0.19
Science Applications International Corp. 5.875%0.19
BKV Upstream Midstream LLC 7.5%0.19
Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr Nimbus Llc/Ggsi Sellco Llc0.18
Lamar Media Corp. 5.375%0.18
NCL Corporation Ltd. 6.25%0.18
Post Holdings Inc. 4.625%0.18
AECOM 6%0.18
Commercial Metals Company 5.75%0.18
EUSHI Finance Inc. 6.25%0.17
FMG Resources (August 2006) Pty Ltd. 6.125%0.17
StoneX Escrow Issuer LLC 6.875%0.17
Iqvia Inc 6.25%0.17
Ferrellgas, L.P. / Ferrellgas Finance Corp. 9.25%0.17
Energizer Holdings Inc 6%0.17
LGI Homes Inc 4%0.17
Main Street Capital Corp. 5.4%0.17
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp 8.620.17
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 7%0.16
OneMain Financial Corporation 6.625%0.16
Installed Building Products Inc 5.75%0.16
CACI International Inc. 6.375%0.16
Howard Hughes Holdings Inc. 4.375%0.16
Endeavour Mining PLC 7%0.16
HA Sustainable Infrastructure Capital Inc0.15
Thor Industries Inc. 4%0.15
William Carter Company 7.375%0.15
ViaSat, Inc. 7.5%0.15
Standard Chartered PLC 7%0.15
Venture Global LNG Inc. 9.5%0.14
Consensus Cloud Solutions Inc 6.5%0.14
Focus Financial Partners LLC 6.75%0.14
Kaiser Aluminium Corporation 5.875%0.14
Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr Nimbus Llc/Ggsi Sellco Llc0.14
NRG Energy, Inc. 6%0.14
Light & Wonder International Inc. 6.25%0.14
Smyrna Ready Mix Concrete LLC 8.875%0.14
Ellington Financial Operating Partnership LLC/ EF Holdco Inc/ EF Cayman Hol0.14
Harvest Midstream I LP 7.5%0.13
BWX Technologies Inc. 4.125%0.13
ACCO Brands Corporation 4.25%0.13
Marriott Ownership Resorts Inc 6.5%0.13
Carpenter Technology Corporation 5.625%0.13
Brinks Company 6.5%0.13
Methanex US Operations Inc. 6.25%0.13
American Axle & Manufacturing, Inc. 7.75%0.13
Brandywine Operating Partnership L.P. 6.125%0.13
Dream Finders Homes Inc 6.875%0.13
Stena International SA 7.625%0.12
FMG Resources (August 2006) Pty Ltd. 4.375%0.12
Medline Borrower LP 5.25%0.12
CoreWeave Inc. 9%0.12
Viking Cruises, Ltd. 9.125%0.12
Crane NXT Co 4.2%0.12
Credit Acceptance Corporation of Michigan 6.625%0.11
Axon Enterprise Inc 6.25%0.11
Clydesdale Acquisition Holdings Inc. 6.875%0.11
Amwins Group Inc 6.375%0.11
TransDigm, Inc. 6.375%0.11
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.5%0.11
LifePoint Health, Inc 9.875%0.11
DBR Land Holdings LLC 6.25%0.11
Genmab AS And Genmab Finance LLC 6.25%0.11
Clydesdale Acquisition Holdings Inc. 6.625%0.11
Century Aluminum Company 6.875%0.10
Bombardier Inc. 7.25%0.10
Builders Firstsource, Inc. 4.25%0.10
Zegona Finance PLC 8.625%0.10
Allison Transmission Inc. 5.875%0.10
Endo Finance Holdings Inc. 8.5%0.10
EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.75%0.09
Alpha Generation LLC 6.75%0.09
Global Partners LP / GLP Finance Corp. 8.25%0.08
Tenet Healthcare Corporation 6%0.08
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al0.08
CQP Holdco LP & Bip-V Chinook Holdco LLC 7.5%0.08
Ggam Finance Ltd. 6.875%0.08
UniCredit S.p.A. 7.296%0.08
Herc Holdings Inc 5.75%0.07
Northern Oil And Gas, Inc. 7.875%0.07
Block Inc 6%0.07
Nabors Industries, Inc. 7.625%0.07
Lightning Power LLC 7.25%0.07
American Axle & Manufacturing, Inc. 6.375%0.07
Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC0.07
United Air Lines, Inc. 4.625%0.07
Ardonagh Finco Ltd. 7.75%0.07
CPI CG Inc. 10%0.07
Wayfair LLC 6.75%0.06
Acushnet Co 5.625%0.06
Cipher Compute LLC 7.125%0.06
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 4.375%0.06
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-I0.05
MITER Brands Acquisition Holdco Inc & PGT Innovations LLC. 6.75%0.05
Insulet Corporation 6.5%0.04
Greystar Real Estate Partners LLC 7.75%0.03
Empire Communities Corp. 9.75%0.03
TransDigm, Inc. 6.25%0.03
UniCredit S.p.A. 5.459%0.03
Outfront Media Capital LLC / Outfront Media Capital Corp 4.25%0.02
US Foods Inc 4.75%0.01
Light & Wonder International Inc. 7.25%0.01
Harvest Midstream I LP 7.5%0.01
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25%0.01
Cash†0.01

†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash. ETF shares are created when a large institutional investor called an Authorized Participant deposits a portfolio of stocks into the fund in exchange for an institutional block of ETF shares (usually 50,000). This is referred to as "in kind" creation because a basket of stocks is exchanged for ETF shares rather than using cash. However, some ETFs allow for the creation (and redemption) of ETF shares in cash in certain circumstances rather than through "in kind" creation.

Top basket holdings are as of the date indicated and may not be representative of the fund's current or future investments. ETF shares are created when a large institutional investor called an Authorized Participant deposits a portfolio of securities into the fund (a "Basket") in exchange for an institutional block of ETF shares (usually 50,000). This is referred to as "in kind" creation because a basket of securities is exchanged for ETF shares rather than using cash. In the case of redemptions, the ETF sponsor returns a basket of securities to the Authorized Participant in exchange for an institutional block of ETF shares. The Basket Holdings is the portfolio of securities that can be exchanged on a daily basis for ETF shares. In some circumstances, cash may be accepted in lieu of some or all of the securities in the Basket.