Fidelity School Street Trust

08/22/2025 | Press release | Distributed by Public on 08/22/2025 10:23

Summary Prospectus by Investment Company (Form 497K)

Supplement to the
Fidelity® Global Credit Fund
Class A, Class M, Class C, Class I, and Class Z
March 1, 2025
Summary Prospectus
On July 17, 2025, the Board of Trustees approved a plan of liquidation for Fidelity® Global Credit Fund ("the fund"). Following Board approval, the fund will no longer pursue its stated investment objective and fund assets will be managed to provide for sufficient liquidity prior to liquidation. Contingent deferred sales charges will be waived for any redemption after close of business on July 25, 2025. The fund is expected to liquidate on or about October 29, 2025. Effective after the close of business on August 25, 2025, new positions in the fund may no longer be opened. Existing shareholders may continue to hold their shares and purchase additional shares through the reinvestment of dividend and capital gain distributions until the fund's liquidation.
AGLB-SUSTK-0825-107
1.9881432.107
August 22, 2025
Supplement to the
Fidelity® Global Credit Fund
March 1, 2025
Summary Prospectus
On July 17, 2025, the Board of Trustees approved a plan of liquidation for Fidelity® Global Credit Fund ("the fund"). Following Board approval, the fund will no longer pursue its stated investment objective and fund assets will be managed to provide for sufficient liquidity prior to liquidation. Contingent deferred sales charges will be waived for any redemption after close of business on July 25, 2025. The fund is expected to liquidate on or about October 29, 2025. Effective after the close of business on August 25, 2025, new positions in the fund may no longer be opened. Existing shareholders may continue to hold their shares and purchase additional shares through the reinvestment of dividend and capital gain distributions until the fund's liquidation.
GLB-SUSTK-0825-104
1.9882135.104
August 22, 2025
Fidelity School Street Trust published this content on August 22, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on August 22, 2025 at 16:23 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]