Fidelity Strategic Real Return Fund

S000017675Fidelity Salem Street TrustCIK 0000035315

Share classes

7 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000048840	FCSRX	NOT_LISTED	not exchange-listed	—
C000205021	FIQDX	NOT_LISTED	not exchange-listed	—
C000048842	FSIRX	NOT_LISTED	not exchange-listed	—
C000048838	FSRAX	NOT_LISTED	not exchange-listed	—
C000214978	FSRKX	NOT_LISTED	not exchange-listed	—
C000048837	FSRRX	NOT_LISTED	not exchange-listed	—
C000048841	FSRTX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-26

Report date: 2026-03-31
Net assets: $540,675,319.06
Total assets: $541,309,754.32
Total liabilities: $634,435.26
Assets invested: $0
Cash not reported in C or D: $56,786.46
Amendment: No
Accession: 0000035402-26-003437

By asset category

N-PORT Item C.4.a

ECEquity - common$350.81M65.0%

DBTDebt$148.33M27.5%

ABS-MBSAsset-backed: mortgage-ba…$21.62M4.0%

EPEquity - preferred$10.01M1.9%

STIVShort-term investment veh…$5.93M1.1%

ABS-CBDOAsset-backed: collaterali…$2.73M0.5%

By asset category

By issuer category

N-PORT Item C.4.b

RFRegistered fund$275.59M51.1%

CORPCorporate$141.32M26.2%

USTUS Treasury$122.51M22.7%

By issuer category

By investment country

as filed

USUS$492.76M91.8%

CACA$16.57M3.1%

GBGB$7.13M1.3%

CHCH$4.24M0.8%

AUAU$3.60M0.7%

BRBR$3.59M0.7%

CNCN$2.10M0.4%

FIFI$1.95M0.4%

JEJE$1.76M0.3%

HKHK$1.09M0.2%

KYKY$937.2K0.2%

NONO$868.6K0.2%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 8.9% of reported value reaches a classification.

Not resolved to the master(374)$491.13M91.0%

Equity · Materials(15)$23.37M4.3%

Equity · Energy(15)$14.32M2.7%

Equity · Consumer Staples(2)$8.75M1.6%

Equity · Industrials(14)$859.4K0.2%

Equity · Utilities(15)$515.1K0.1%

Resolved, not yet classified(1)$209.5K0.0%

Equity · Information Technology(6)$206.1K0.0%

Equity · Real Estate(1)$30.4K0.0%

Equity · Communication Services(1)$28.8K0.0%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($539.42M), not of the fund’s net assets ($540.68M). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

444 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▼	Country
PUBLIC STORAGE PUBLIC STORAGE 4% PERP PFD	—	74460W461 US74460W4612	EP CORP	3,645 NS	$55.5K	0.010%	US
CHIRON REAL ESTATE INC CHIRON REAL ESTATE INC SER A 7.5% PFD PERP	—	37957W203 US37957W2035	EP CORP	2,100 NS	$51.5K	0.010%	US
PROLOGIS LP PROLOGIS LP 5.25% 05/15/2035	—	74340XCR0 US74340XCR08	DBT CORP	50,000 PA	$50.8K	0.009%	US
JPMBB COML MTG SECS TR 2014-C23 JPMBB 2014-C23 UH5 4.7094% 09/15/2047 144A	—	46643AAQ6 US46643AAQ67	ABS-MBS CORP	51,769.58 PA	$50.5K	0.009%	US
TAIWAN SEMICONDUCTOR MFG CO LTD TAIWAN SEMIC MFG CO LTD SP ADR	TSM	874039100 US8740391003	EC CORP	149 NS	$50.4K	0.009%	TW
WELLTOWER OP LLC WELLTOWER OP LLC 5.125% 07/01/2035	—	95041AAG3 US95041AAG31	DBT CORP	50,000 PA	$50.2K	0.009%	US
TAYLOR MORRISON COMMUNITIES INC TAYLOR MORRISON COMMUNITIES INC 5.75% 11/15/2…	—	87724RAK8 US87724RAK86	DBT CORP	50,000 PA	$50.0K	0.009%	US
TAYLOR MORRISON COMMUNITIES INC TAYLOR MORRISON COMMUNITIES INC 5.125% 08/01/…	—	87724RAJ1 US87724RAJ14	DBT CORP	50,000 PA	$49.4K	0.009%	US
MILLROSE PROPERTIES INC REIT MILLROSE PROPERTIES INC REIT 6.25% 09/15/2032…	—	601137AB8 US601137AB81	DBT CORP	50,000 PA	$49.1K	0.009%	US
GLOBAL NET LEASE INC GLOBAL NET LEASE INC SER B 6.875% PFD PERP	—	379378409 US3793784097	EP CORP	2,200 NS	$46.7K	0.009%	US
BX TRUST 2024-FNX BX TRUST 2024-FNX TSFR1M+294.018 11/15/2026 1…	—	05593TAL2 US05593TAL26	ABS-MBS CORP	45,914.43 PA	$45.9K	0.008%	US
PENNYMAC MORTGAGE INVESTMENT TRUST PENNYMAC MTG INVT TR 8.125/VAR PREF PERP	—	70931T301 US70931T3014	EP CORP	2,000 NS	$45.4K	0.008%	US
REGENCY CENTERS CORP(REIT) REGENCY CENTERS CORP(REIT) 5.875% PERP PFD	—	758849871 US7588498714	EP CORP	2,000 NS	$44.2K	0.008%	US
COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR CD 2017-CD4 D 3.3% 05/10/2050 144A	—	12515DAF1 US12515DAF15	ABS-MBS CORP	56,000 PA	$44.1K	0.008%	US
PUBLIC STORAGE PUBLIC STORAGE 4% PFD PERP	—	74460W420 US74460W4208	EP CORP	2,815 NS	$42.8K	0.008%	US
DIGITALBRIDGE GROUP INC DIGITALBRIDGE GROUP INC 7.125% SER J PFD PERP	—	25401T306 US25401T3068	EP CORP	2,561 NS	$42.2K	0.008%	US
STWD TR 2021-LIH STWD TR 2021-LIH TSFR1M+424.7 11/15/2036 144A	—	78486EAU2 US78486EAU29	ABS-MBS CORP	42,000 PA	$41.9K	0.008%	US
CIPHER COMPUTE LLC CIPHER COMPUTE LLC 7.125% 11/15/2030 144A	—	17253NAA5 US17253NAA54	DBT CORP	40,000 PA	$41.4K	0.008%	US
NATIONAL GRID PLC	—	— GB00BDR05C01	EC CORP	2,432 NS	$41.1K GBP	0.008%	GB
CHENIERE ENERGY INC	LNG	16411R208 US16411R2085	EC CORP	143 NS	$40.6K	0.008%	US
PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC … PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC …	—	70052LAD5 US70052LAD55	DBT CORP	40,000 PA	$40.5K	0.007%	US
SEMPRA	SRE	816851109 US8168511090	EC CORP	416 NS	$40.4K	0.007%	US
BRAEMAR HOTELS and RESORTS INC BRAEMAR HOTELS and RESORTS INC 5.5% PERP PFD	—	10482B200 US10482B2007	EP CORP	2,700 NS	$39.3K	0.007%	US
NATIONAL HEALTHCARE PROPERTIES INC HEALTHCARE TRUST INC 7.125% PERP PFD	—	42226B303 US42226B3033	EP CORP	2,000 NS	$37.2K	0.007%	US
DUKE ENERGY CORP NEW	DUK	26441C204 US26441C2044	EC CORP	281 NS	$36.8K	0.007%	US
VORNADO REALTY TRUST VORNADO REALTY TRUST SER M 5.25% PFD PERP	—	929042828 US9290428286	EP CORP	2,263 NS	$36.7K	0.007%	US
PKHL COML MTG TR 2021-MF PKHL COMML MTG 2021-MF E TSFR1M+271.448 07/15…	—	69356GAN9 US69356GAN97	ABS-MBS CORP	100,000 PA	$34.5K	0.006%	US
PUBLIC STORAGE PUBLIC STORAGE SER L 4.625% PFD PERP	—	74460W552 US74460W5528	EP CORP	1,965 NS	$34.4K	0.006%	US
SIMON PROPERTY GROUP LP SIMON PROPERTY GROUP LP 3.25% 09/13/2049	—	828807DH7 US828807DH72	DBT CORP	50,000 PA	$33.5K	0.006%	US
CREDIT SUISSE COM MTG TR 2021 CREDIT SUISSE COM MTG TR 2021-SOP2 F STEP 06/…	—	12657VAQ5 US12657VAQ59	ABS-MBS CORP	80,000 PA	$33.4K	0.006%	US
ESSEX PORTFOLIO LP ESSEX PORTFOLIO LP 4.5% 03/15/2048	—	29717PAS6 US29717PAS65	DBT CORP	40,000 PA	$32.7K	0.006%	US
DIGITALBRIDGE GROUP INC DIGITALBRIDGE GROUP INC SER H 7.125% PERP PFD	—	25401T504 US25401T5048	EP CORP	1,906 NS	$31.9K	0.006%	US
VORNADO REALTY TRUST VORNADO REALTY TRUST SER N 5.25% PERP PFD	—	929042810 US9290428104	EP CORP	1,959 NS	$31.9K	0.006%	US
EQUINIX INC EQUINIX INC 3% 07/15/2050	—	29444UBJ4 US29444UBJ43	DBT CORP	50,000 PA	$31.1K	0.006%	US
SSE PLC	—	— GB0007908733	EC CORP	892 NS	$30.8K GBP	0.006%	GB
WELLTOWER INC	WELL	95040Q104 US95040Q1040	EC CORP	154 NS	$30.4K	0.006%	US
TIMES SQUARE HOTEL TR TIMES SQUARE HOTEL TR 8.528% 08/01/2026 144A	—	887367AA8 US887367AA88	DBT CORP	30,167.02 PA	$30.2K	0.006%	US
ENTERGY CORP NEW ENTERGY CORP	ETR	29364G103 US29364G1031	EC CORP	266 NS	$29.9K	0.006%	US
ECHOSTAR CORP ECHOSTAR CORP CL A	ECHO	278768106 US2787681061	EC CORP	246 NS	$28.8K	0.005%	US
EXELON CORP	EXC	30161N101 US30161N1019	EC CORP	586 NS	$28.7K	0.005%	US
DIGITALBRIDGE GROUP INC DIGITALBRIDGE GROUP INC 7.15% SER I PERP PFD	—	25401T405 US25401T4058	EP CORP	1,749 NS	$28.4K	0.005%	US
SAUL CENTERS INC SAUL CENTERS INC 6.125% SER D PFD PERP	—	804395804 US8043958045	EP CORP	1,300 NS	$26.8K	0.005%	US
REXFORD INDL RLTY INC REXFORD INDL RLTY INC SER B 5.875% PERP PFD	—	76169C308 US76169C3088	EP CORP	1,200 NS	$25.9K	0.005%	US
IBERDROLA SA	—	— ES0144580Y14	EC CORP	1,124 NS	$25.7K EUR	0.005%	ES
WILLIAMS COS INC WILLIAMS COMPANIES INC	WMB	969457100 US9694571004	EC CORP	351 NS	$25.5K	0.005%	US
PG and E CORP	PCG	69331C108 US69331C1080	EC CORP	1,447 NS	$25.4K	0.005%	US
ARBOR REALTY TRUST INC ARBOR REALTY TRUST INC SER D 6.375% PERP PFD	—	038923876 US0389238769	EP CORP	1,500 NS	$25.3K	0.005%	US
AGREE REALTY CORP AGREE REALTY CORP 4.375% PERP PFD	—	008492209 US0084922097	EP CORP	1,500 NS	$25.3K	0.005%	US
VORNADO REALTY TRUST VORNADO RLTY SR L 5.4% PFD PRP	—	929042844 US9290428443	EP CORP	1,496 NS	$24.3K	0.004%	US
NEXTPOWER INC	NXT	65290E101 US65290E1010	EC CORP	198 NS	$23.9K	0.004%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▼

Country

PUBLIC STORAGE

PUBLIC STORAGE 4% PERP PFD

—

74460W461

US74460W4612

CORP

3,645 NS

$55.5K

0.010%

CHIRON REAL ESTATE INC

CHIRON REAL ESTATE INC SER A 7.5% PFD PERP

—

37957W203

US37957W2035

CORP

2,100 NS

$51.5K

0.010%

PROLOGIS LP

PROLOGIS LP 5.25% 05/15/2035

—

74340XCR0

US74340XCR08

DBT

CORP

50,000 PA

$50.8K

0.009%

JPMBB COML MTG SECS TR 2014-C23

JPMBB 2014-C23 UH5 4.7094% 09/15/2047 144A

—

46643AAQ6

US46643AAQ67

ABS-MBS

CORP

51,769.58 PA

$50.5K

0.009%

TAIWAN SEMICONDUCTOR MFG CO LTD

TAIWAN SEMIC MFG CO LTD SP ADR

TSM

874039100

US8740391003

CORP

149 NS

$50.4K

0.009%

WELLTOWER OP LLC

WELLTOWER OP LLC 5.125% 07/01/2035

—

95041AAG3

US95041AAG31

DBT

CORP

50,000 PA

$50.2K

0.009%

TAYLOR MORRISON COMMUNITIES INC

TAYLOR MORRISON COMMUNITIES INC 5.75% 11/15/2…

—

87724RAK8

US87724RAK86

DBT

CORP

50,000 PA

$50.0K

0.009%

TAYLOR MORRISON COMMUNITIES INC

TAYLOR MORRISON COMMUNITIES INC 5.125% 08/01/…

—

87724RAJ1

US87724RAJ14

DBT

CORP

50,000 PA

$49.4K

0.009%

MILLROSE PROPERTIES INC REIT

MILLROSE PROPERTIES INC REIT 6.25% 09/15/2032…

—

601137AB8

US601137AB81

DBT

CORP

50,000 PA

$49.1K

0.009%

GLOBAL NET LEASE INC

GLOBAL NET LEASE INC SER B 6.875% PFD PERP

—

379378409

US3793784097

CORP

2,200 NS

$46.7K

0.009%

BX TRUST 2024-FNX

BX TRUST 2024-FNX TSFR1M+294.018 11/15/2026 1…

—

05593TAL2

US05593TAL26

ABS-MBS

CORP

45,914.43 PA

$45.9K

0.008%

PENNYMAC MORTGAGE INVESTMENT TRUST

PENNYMAC MTG INVT TR 8.125/VAR PREF PERP

—

70931T301

US70931T3014

CORP

2,000 NS

$45.4K

0.008%

REGENCY CENTERS CORP(REIT)

REGENCY CENTERS CORP(REIT) 5.875% PERP PFD

—

758849871

US7588498714

CORP

2,000 NS

$44.2K

0.008%

COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR

CD 2017-CD4 D 3.3% 05/10/2050 144A

—

12515DAF1

US12515DAF15

ABS-MBS

CORP

56,000 PA

$44.1K

0.008%

PUBLIC STORAGE

PUBLIC STORAGE 4% PFD PERP

—

74460W420

US74460W4208

CORP

2,815 NS

$42.8K

0.008%

DIGITALBRIDGE GROUP INC

DIGITALBRIDGE GROUP INC 7.125% SER J PFD PERP

—

25401T306

US25401T3068

CORP

2,561 NS

$42.2K

0.008%

STWD TR 2021-LIH

STWD TR 2021-LIH TSFR1M+424.7 11/15/2036 144A

—

78486EAU2

US78486EAU29

ABS-MBS

CORP

42,000 PA

$41.9K

0.008%

CIPHER COMPUTE LLC

CIPHER COMPUTE LLC 7.125% 11/15/2030 144A

—

17253NAA5

US17253NAA54

DBT

CORP

40,000 PA

$41.4K

0.008%

NATIONAL GRID PLC

—

GB00BDR05C01

CORP

2,432 NS

$41.1K

GBP

0.008%

CHENIERE ENERGY INC

LNG

16411R208

US16411R2085

CORP

143 NS

$40.6K

0.008%

PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC …

—

70052LAD5

US70052LAD55

DBT

CORP

40,000 PA

$40.5K

0.007%

SEMPRA

SRE

816851109

US8168511090

CORP

416 NS

$40.4K

0.007%

BRAEMAR HOTELS and RESORTS INC

BRAEMAR HOTELS and RESORTS INC 5.5% PERP PFD

—

10482B200

US10482B2007

CORP

2,700 NS

$39.3K

0.007%

NATIONAL HEALTHCARE PROPERTIES INC

HEALTHCARE TRUST INC 7.125% PERP PFD

—

42226B303

US42226B3033

CORP

2,000 NS

$37.2K

0.007%

DUKE ENERGY CORP NEW

DUK

26441C204

US26441C2044

CORP

281 NS

$36.8K

0.007%

VORNADO REALTY TRUST

VORNADO REALTY TRUST SER M 5.25% PFD PERP

—

929042828

US9290428286

CORP

2,263 NS

$36.7K

0.007%

PKHL COML MTG TR 2021-MF

PKHL COMML MTG 2021-MF E TSFR1M+271.448 07/15…

—

69356GAN9

US69356GAN97

ABS-MBS

CORP

100,000 PA

$34.5K

0.006%

PUBLIC STORAGE

PUBLIC STORAGE SER L 4.625% PFD PERP

—

74460W552

US74460W5528

CORP

1,965 NS

$34.4K

0.006%

SIMON PROPERTY GROUP LP

SIMON PROPERTY GROUP LP 3.25% 09/13/2049

—

828807DH7

US828807DH72

DBT

CORP

50,000 PA

$33.5K

0.006%

CREDIT SUISSE COM MTG TR 2021

CREDIT SUISSE COM MTG TR 2021-SOP2 F STEP 06/…

—

12657VAQ5

US12657VAQ59

ABS-MBS

CORP

80,000 PA

$33.4K

0.006%

ESSEX PORTFOLIO LP

ESSEX PORTFOLIO LP 4.5% 03/15/2048

—

29717PAS6

US29717PAS65

DBT

CORP

40,000 PA

$32.7K

0.006%

DIGITALBRIDGE GROUP INC

DIGITALBRIDGE GROUP INC SER H 7.125% PERP PFD

—

25401T504

US25401T5048

CORP

1,906 NS

$31.9K

0.006%

VORNADO REALTY TRUST

VORNADO REALTY TRUST SER N 5.25% PERP PFD

—

929042810

US9290428104

CORP

1,959 NS

$31.9K

0.006%

EQUINIX INC

EQUINIX INC 3% 07/15/2050

—

29444UBJ4

US29444UBJ43

DBT

CORP

50,000 PA

$31.1K

0.006%

SSE PLC

—

GB0007908733

CORP

892 NS

$30.8K

GBP

0.006%

WELLTOWER INC

WELL

95040Q104

US95040Q1040

CORP

154 NS

$30.4K

0.006%

TIMES SQUARE HOTEL TR

TIMES SQUARE HOTEL TR 8.528% 08/01/2026 144A

—

887367AA8

US887367AA88

DBT

CORP

30,167.02 PA

$30.2K

0.006%

ENTERGY CORP NEW

ENTERGY CORP

ETR

29364G103

US29364G1031

CORP

266 NS

$29.9K

0.006%

ECHOSTAR CORP

ECHOSTAR CORP CL A

ECHO

278768106

US2787681061

CORP

246 NS

$28.8K

0.005%

EXELON CORP

EXC

30161N101

US30161N1019

CORP

586 NS

$28.7K

0.005%

DIGITALBRIDGE GROUP INC

DIGITALBRIDGE GROUP INC 7.15% SER I PERP PFD

—

25401T405

US25401T4058

CORP

1,749 NS

$28.4K

0.005%

SAUL CENTERS INC

SAUL CENTERS INC 6.125% SER D PFD PERP

—

804395804

US8043958045

CORP

1,300 NS

$26.8K

0.005%

REXFORD INDL RLTY INC

REXFORD INDL RLTY INC SER B 5.875% PERP PFD

—

76169C308

US76169C3088

CORP

1,200 NS

$25.9K

0.005%

IBERDROLA SA

—

ES0144580Y14

CORP

1,124 NS

$25.7K

EUR

0.005%

WILLIAMS COS INC

WILLIAMS COMPANIES INC

WMB

969457100

US9694571004

CORP

351 NS

$25.5K

0.005%

PG and E CORP

PCG

69331C108

US69331C1080

CORP

1,447 NS

$25.4K

0.005%

ARBOR REALTY TRUST INC

ARBOR REALTY TRUST INC SER D 6.375% PERP PFD

—

038923876

US0389238769

CORP

1,500 NS

$25.3K

0.005%

AGREE REALTY CORP

AGREE REALTY CORP 4.375% PERP PFD

—

008492209

US0084922097

CORP

1,500 NS

$25.3K

0.005%

VORNADO REALTY TRUST

VORNADO RLTY SR L 5.4% PFD PRP

—

929042844

US9290428443

CORP

1,496 NS

$24.3K

0.004%

NEXTPOWER INC

NXT

65290E101

US65290E1010

CORP

198 NS

$23.9K

0.004%