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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
"Rule 24f-2 Notice"
Fidelity Covington Trust
(Name of Registrant)
File No. 33-60973
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form Before preparing Form.
Please print or type.
1. Name and address of issuer: Fidelity Covington Trust
82 Devonshire Street, Boston, MA, 02109
2. The name of each series or class of securities for which this Form is filed
(If the Form is being filed for all series and classes of securities of the
issuer, check the box but do not list series or classes):
Fidelity Real Estate High Income Fund II
3. Investment Company Act File Number: 811-7319
Securities Act File Number: 33-60973
4(a). Last day of fiscal year for which this Form is filed:
December 31, 1998
4(b). Check box if this Form is being filed late (i.e., more than 90 calendar
days after the end of the issuer's fiscal year). (See Instruction A.2) [ ]
Note: If the Form is being filed late, interest must be paid
on the registration
fee due.
4(c). Check box if this is the last time the issuer will be
filing this Form. [
]
5. Calculation of registration fee:
(i). Aggregate sale price of securities sold during the fiscal year
pursuant to section 24(f): $141,034,786
(ii). Aggregate price of securities redeemed or repurchased
during the fiscal year: $(30,442,411)
(iii). Aggregate price of securities redeemed or repurchased during any prior
fiscal year ending no earlier than October 11, 1995 that were not previously
used to reduce registration fees
payable to the Commission: $0
(iv). Total available redemption credits
[add Items 5(ii) and 5(iii)]: $(30,442,411)
(v). Net sales - if Item 5(i) is greater than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]: $110,592,375
(vi). Redemption credits available for use in future years - if Item 5(i) is
less than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]: $(0)
(vii). Multiplier for determining
registration fee x000278
(viii). Registration fee due [multiply Item 5(v) by Item 5(vii)]
(See x Instruction C.9): (enter "0" if no fee is due):
=$30,744.68
6. Prepaid Shares
If the response to Item 5(i) was determined by
deducting an amount of securities
that were registered under the Securities Act of 1933 pursuant to rule 24e-2
as in effect before October 11, 1997, then report the amount of securities
(number of shares or other units) deducted here: 0. If there is a number of
shares or other units that were registered pursuant to rule 24e-2 remaining
unsold at the end of the fiscal year for which this form is filed that are
available for use by the issuer in future fiscal years, then state that number
here: 0.
7. Interest due - if this Form is being filed more than 90 days after the end
of the issuer's fiscal year (see Instruction D):+$0
8. Total of the amount of the registration fee due plus any interest due [line
5(viii) plus line 7]:=$30,744.68
9. Date the registration fee and any interest
payment was sent to the Commission's
lockbox depository:
March 17, 1999
[x] Wire Transfer
[] Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* John H. Costello
Assistant Treasurer
Date March 17, 1999
* Please print the name and title of the signing officer below the signature.
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