# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-002539
**Filing Date:** 2026-4
**Character Count:** 12045
**Document Hash:** 5ff8cffec1e9f99ec4434eb87f6dc2b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-002539.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000035402-26-002539

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 26895322

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity CLO ETF (Series ID: S000099376)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000269152 | Fidelity CLO ETF | FCLO            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity CLO ETF

- **b. EDGAR series identifier (if any):** S000099376

- **c. LEI of Series:** 2549001BCMKY0WZVZP70

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $28524075.06

**Total Liabilities:** $3535500.00

**Net Assets:** $24988575.06

**Delayed Delivery Securities:** $2375000.00

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 6.51564000 | **1-Year:** 295.26105500 | **5-Year:** 736.75070000 | **10-Year:** 510.88425000 | **30-Year:** 1.64610000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 2.32585000 | **1-Year:** 38.38212500 | **5-Year:** 357.96342500 | **10-Year:** 272.87595000 | **30-Year:** 4.44775000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000269152 |  |  |  |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  |  |  |
| Month 2  |  |  |
| Month 3  | $0.00                    | $-12630.27                                 |

### Schedule of Portfolio Investments

| Name                                      | Title                                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Revere Street Trust              | Fidelity Cash Central Fund                                               | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  17850925 | NS      | $17854495.18  | 71.45%            |  |  |  | No            |                  1 | On Loan: No      |
| CIFC 2022-1A                              | CIFC 2022-1A A TSFR3M+132 04/17/2035 144A                                | CUSIP: 12570LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500198.50    | 2.00%             | 2035-04-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2017-2 LTD                 | CARLYLE US CLO 2017-2 LTD AR2 TSFR3M+149 07/20/2037 144A                 | CUSIP: 14315JBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500350.00    | 2.00%             | 2037-07-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SIGNAL PEAK CLO 11 LTD                    | SIGNAL PEAK CLO 11 LTD D1 TSFR3M+310 07/18/2037 144A                     | CUSIP: 82666XAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498470.00    | 1.99%             | 2037-07-18      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT BSL VIII LTD              | FORTRESS CREDIT BSL VIII LTD BR TSFR3M+160 10/20/2032 144A               | CUSIP: 34962DAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500332.00    | 2.00%             | 2032-10-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVAL CLO II LTD / CARVAL CLO II LLC     | CARVAL CLO II LTD / CARVAL CLO II LLC CR2 TSFR3M+180 04/20/2032 144A     | CUSIP: 14686ABC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250429.75    | 1.00%             | 2032-04-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PIKES PEAK CLO 6 / PIKES PEAK CLO 6 LLC   | PIKES PEAK CLO 6 / PIKES PEAK CLO 6 LLC DRR TSFR3M+250 05/18/2034 144A   | CUSIP: 72132YBE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $496978.50    | 1.99%             | 2034-05-18      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| KKR CLO 25 LTD                            | KKR CLO 25 LTD AR2 TSFR3M+95 07/15/2034 144A                             | CUSIP: 48252UAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    450000 | PA      | $449550.00    | 1.80%             | 2034-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| Fidelity Merrimack Street Trust           | Fidelity AAA CLO ETF                                                     | CUSIP: 316188838<br>LEI: 549300782HVYOIE6CE74 | Long             | EC               | RF                | US        |     10960 | NS      | $548931.60    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GARNET 2025-4A                            | GARNET CLO 4 LTD E TSFR3M+ 01/20/2039 144A                               | CUSIP: 36626FAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492500.00    | 1.97%             | 2039-01-20      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| PSTAT 24-1A                               | PSTAT 24-1A DR TSFR3M+375 01/15/2035 144A                                | CUSIP: 69703QAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $743426.25    | 2.98%             | 2032-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA1   | FREDDIE MAC STACR REMIC TRUST 2021-DNA1 4.54962% 02/25/2056 144A         | CUSIP: 35564UCQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   1000000 | PA      | $1000937.50   | 4.01%             | 2046-02-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MIDOCEAN CREDIT CLO XXII                  | MIDOCEAN CREDIT CLO XXII E TSFR3M+490 04/20/2039 144A                    | CUSIP: 59803WAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $624935.00    | 2.50%             | 2039-04-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2024-31 LTD / OCP CLO 2024-31 LLC | OCP CLO 2024-31 LTD / OCP CLO 2024-31 LLC D2R TSFR3M+360 04/20/2039 144A | CUSIP: 67570AAY2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    625000 | PA      | $624904.38    | 2.50%             | 2039-04-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TRESTLES CLO X LTD 26-10A                 | TRESTLES CLO X LTD 26-10A D1 TSFR3M+265 04/20/2039 144A                  | CUSIP: 894946AL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $624904.38    | 2.50%             | 2039-04-20      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TRESTLES CLO X LTD                        | TRESTLES CLO X LTD 26-10A E TSFR3M+450 04/20/2039 144A                   | CUSIP: 894938AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500121.50    | 2.00%             | 2039-04-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BRANT POINT CLO 2024-3 LTD                | BRANT POINT CLO 2024-3A D2R LTD D2R TSFR3M+415 01/20/2039 144A           | CUSIP: 10548JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $500197.50    | 2.00%             | 2039-01-20      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| GALAXY CLO LTD                            | GALAXY CLO LTD D1R TSFR3M+295 01/20/2039 144A                            | CUSIP: 362943AS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $624904.38    | 2.50%             | 2039-01-20      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAP CLO 37 LTD                  | ANCHORAGE CAP CLO LTD 26-37A D TSFR3M+310 04/20/2039 144A                | CUSIP: 032923AJ3<br>LEI: 6367003PENZLMQJOVV74 | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $624934.38    | 2.50%             | 2039-04-20      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| RR 25 LTD                                 | RR 25 LTD C2R2 TSFR3M+375 04/15/2041 144A                                | CUSIP: 75000KBJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    500000 | PA      | $500000.00    | 2.00%             | 2041-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer