0000225322-23-000069.txt : 20230607 0000225322-23-000069.hdr.sgml : 20230607 20230607102907 ACCESSION NUMBER: 0000225322-23-000069 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230607 DATE AS OF CHANGE: 20230607 EFFECTIVENESS DATE: 20230607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SUMMER STREET TRUST CENTRAL INDEX KEY: 0000225322 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-58542 FILM NUMBER: 23998017 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 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY HIGH INCOME FUND DATE OF NAME CHANGE: 19890309 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY AGGRESSIVE INCOME FUND DATE OF NAME CHANGE: 19810205 0000225322 S000007495 Fidelity Capital & Income Fund C000020469 Fidelity Capital & Income Fund FAGIX 0000225322 S000017689 Fidelity Focused High Income Fund C000048885 Fidelity Focused High Income Fund FHIFX 0000225322 S000017690 Fidelity High Income Fund C000048886 Fidelity High Income Fund SPHIX C000206223 Fidelity Advisor High Income Fund: Class M FGRMX C000206224 Fidelity Advisor High Income Fund: Class C FGSMX C000206225 Fidelity Advisor High Income Fund: Class I FGTMX C000206226 Fidelity Advisor High Income Fund: Class Z FGUMX C000206227 Fidelity Advisor High Income Fund: Class A FGQMX 0000225322 S000031534 Fidelity Series High Income Fund C000098085 Fidelity Series High Income Fund FSHNX 0000225322 S000032505 Fidelity Global High Income Fund C000100278 Fidelity Advisor Global High Income Fund: Class A FGHAX C000100279 Fidelity Advisor Global High Income Fund: Class C FGHCX C000100280 Fidelity Advisor Global High Income Fund: Class M FGHTX C000100281 Fidelity Advisor Global High Income Fund: Class I FGHIX 0000225322 S000042758 Fidelity Short Duration High Income Fund C000132244 Fidelity Short Duration High Income Fund FSAHX C000132245 Fidelity Advisor Short Duration High Income Fund: Class I FSFHX C000132246 Fidelity Advisor Short Duration High Income Fund: Class A FSBHX C000132247 Fidelity Advisor Short Duration High Income Fund: Class M FSEHX C000132248 Fidelity Advisor Short Duration High Income Fund: Class C FSDHX C000205018 Fidelity Advisor Short Duration High Income Fund: Class Z FIJWX 0000225322 S000071838 Fidelity SAI High Income Fund C000227362 Fidelity SAI High Income Fund FSHGX 497 1 filing6668.htm PRIMARY DOCUMENT
Supplement to the
Fidelity® Series High Income Fund
June 29, 2022
Prospectus
 
 
Michael Weaver no longer serves as a Co-Portfolio Manager of the fund.
 
The following information replaces similar information found in the "Fund Basics" section under the "Other Investment Strategies" heading.
In addition to the principal investment strategies discussed above, the Adviser may use various techniques, such as buying and selling futures contracts, to increase or decrease the fund's exposure to changing security prices, interest rates, or other factors that affect security values. In addition, the Adviser may also buy and sell shares of exchange traded funds to manage credit market exposure. The Adviser may invest the fund's assets in investment-grade debt securities by investing in other funds.
FSH-PSTK-0623-104
1.966435.104
June 7, 2023
Supplement to the
Fidelity® Short Duration High Income Fund
Class A, Class M, Class C, Class I, and Class Z
June 29, 2022
Prospectus
Michael Weaver no longer serves as a Co-Portfolio Manager of the fund.
 
ASDH-PSTK-0623-117
1.9858207.117
June 7, 2023
Supplement to the
Fidelity® Short Duration High Income Fund
June 29, 2022
Prospectus
 
 
Michael Weaver no longer serves as a Co-Portfolio Manager of the fund.
 
SDH-PSTK-0623-106
1.9585865.106
June 7, 2023
Supplement to the
Fidelity® SAI High Income Fund
June 29, 2022
Prospectus
 
 
Michael Weaver no longer serves as a Co-Portfolio Manager of the fund.
 
The following information replaces similar information found in the "Fund Basics" section under the "Other Investment Strategies" heading.
In addition to the principal investment strategies discussed above, the Adviser may use various techniques, such as buying and selling futures contracts, to increase or decrease the fund's exposure to changing security prices, interest rates, or other factors that affect security values. In addition, the Adviser may also buy and sell shares of exchange traded funds to manage credit market exposure. The Adviser may invest the fund's assets in investment-grade debt securities by investing in other funds.
 
SAH-PSTK-0623-102
1.9904779.102
June 7, 2023
Supplement to the
Fidelity® Global High Income Fund and Fidelity® High Income Fund
Class A, Class M, Class C, Class I, and Class Z
June 29, 2022
Prospectus
 
 
Michael Weaver no longer serves as a Co-Portfolio Manager of Fidelity ® High Income Fund.
The following information replaces similar information for Fidelity ®  High Income Fund found in the "Fund Basics" section under the "Other Investment Strategies" heading.
The Adviser may also use various techniques, such as buying and selling futures contracts, to increase or decrease Fidelity ® High Income Fund's exposure to changing security prices, interest rates, or other factors that affect security values. In addition, the Adviser may also buy and sell shares of exchange traded funds to manage credit market exposure. The Adviser may invest the fund's assets in investment-grade debt securities by investing in other funds.
AGHI-PSTK-0623-120
1.928679.120
June 7, 2023
Supplement to the
Fidelity® Capital & Income Fund, Fidelity® Focused High Income Fund and Fidelity® High Income Fund
June 29, 2022
Prospectus
 
 
Michael Weaver no longer serves as a Co-Portfolio Manager of Fidelity® Focused High Income Fund and Fidelity® High Income Fund.
The following information replaces similar information for Fidelity ®  High Income Fund found in the "Fund Basics" section under the "Other Investment Strategies" heading.
In addition to the principal investment strategies discussed above, the Adviser may use various techniques, such as buying and selling futures contracts, to increase or decrease Fidelity ®  High Income Fund's exposure to changing security prices, interest rates, or other factors that affect security values. In addition, the Adviser may also buy and sell shares of exchange traded funds to manage credit market exposure. The Adviser may invest the fund's assets in investment-grade debt securities by investing in other funds.
CAI-SPH-PSTK-0623-131
1.710962.131
June 7, 2023