SUPPLEMENT TO THE SPARTAN(Registered trademark) 
SHORT-TERM INCOME AND 
SPARTAN INVESTMENT GRADE(Registered trademark) 
BOND PROSPECTUS
DATED NOVEMBER 19, 1993
The following information 
replaces the first paragraph in 
the "TRANSACTIONS SERVICES" 
section on page 16.
EXCHANGE PRIVILEGE. You may 
sell your fund shares and buy 
shares of other Fidelity funds by 
telephone or in writing. There 
may be a $5.00 fee for each 
exchange out of the funds 
unless you    place     your 
transaction on Fidelity's 
automated exchange services.
The following information 
replaces similar information for 
Spartan Short-Term Income 
found in the "EXPENSES" 
section  on page 5:
ANNUAL FUND OPERATING 
EXPENSES are paid out of each 
fund's assets. Each fund pays 
a management fee to FMR. 
Expenses are factored into 
each fund's share price or 
dividends and are not charged 
directly to shareholder 
accounts (see page 24). 
The following are projections 
based on historical expenses, 
and are calculated as a 
percentage of average net 
assets. 
SPARTAN SHORT-TERM 
 Management fee (after 
reimbursement) 0.   50    %
 12b-1 fee None
 Other expenses    None
 Total fund operating expenses 0.   50    
       %
   E    XAMPLES: Let's say, 
hypothetically, that each fund's 
annual return is 5% and that its 
operating expenses are exactly 
as just described. For every 
$1,000 you invested, here's 
how much you would pay in 
total expenses after the 
number of years indicated, first 
assuming that you leave your 
account open, and then 
assuming that you close your 
account at the end of the 
period: 
SPARTAN SHORT-TERM 
 Account open Account 
closed 
 After 1 year $ 5 $ 10
 After 3 years $ 16 $ 21
 After 5 years $ 28 $ 33
 After 10 years $ 63 $ 68
These examples illustrate the 
effect of expenses, but are not 
meant to suggest actual or 
expected costs or returns, all of 
which may vary.
Effective     January 1, 1994,     FMR 
has voluntarily agreed to 
temporarily limit Spartan 
Short-Term Income's total 
operating expenses t   o .50% o    f 
its average net assets. If this 
agreement were not in effect, 
the management fee, other 
expenses, and total operating 
expenses would be .65%, .00%, 
and .65%, respectively. 
Expenses eligible for 
reimbursement do not include 
interest, taxes, brokerage 
commissions, or extraordinary 
expenses.
SUPPLEMENT TO THE SPARTAN(Registered trademark) 
SHORT-TERM INCOME AND 
SPARTAN INVESTMENT GRADE(Registered trademark) 
BOND PROSPECTUS
DATED NOVEMBER 19, 1993
The following information 
replaces the first paragraph in 
the "TRANSACTIONS SERVICES" 
section on page 16.
EXCHANGE PRIVILEGE. You may 
sell your fund shares and buy 
shares of other Fidelity funds by 
telephone or in writing. There 
may be a $5.00 fee for each 
exchange out of the funds 
unless you    place     your 
transaction on Fidelity's 
automated exchange services.
The following information 
replaces similar information for 
Spartan Short-Term Income 
found in the "EXPENSES" 
section  on page 5:
ANNUAL FUND OPERATING 
EXPENSES are paid out of each 
fund's assets. Each fund pays 
a management fee to FMR. 
Expenses are factored into 
each fund's share price or 
dividends and are not charged 
directly to shareholder 
accounts (see page 24). 
The following are projections 
based on historical expenses, 
and are calculated as a 
percentage of average net 
assets. 
SPARTAN SHORT-TERM 
 Management fee (after 
reimbursement) 0.   50    %
 12b-1 fee None
 Other expenses    None
 Total fund operating expenses 0.   50    
       %
   E    XAMPLES: Let's say, 
hypothetically, that each fund's 
annual return is 5% and that its 
operating expenses are exactly 
as just described. For every 
$1,000 you invested, here's 
how much you would pay in 
total expenses after the 
number of years indicated, first 
assuming that you leave your 
account open, and then 
assuming that you close your 
account at the end of the 
period: 
SPARTAN SHORT-TERM 
 Account open Account 
closed 
 After 1 year $ 5 $ 10
 After 3 years $ 16 $ 21
 After 5 years $ 28 $ 33
 After 10 years $ 63 $ 68
These examples illustrate the 
effect of expenses, but are not 
meant to suggest actual or 
expected costs or returns, all of 
which may vary.
Effective     January 1, 1994,     FMR 
has voluntarily agreed to 
temporarily limit Spartan 
Short-Term Income's total 
operating expenses t   o .50% o    f 
its average net assets. If this 
agreement were not in effect, 
the management fee, other 
expenses, and total operating 
expenses would be .65%, .00%, 
and .65%, respectively. 
Expenses eligible for 
reimbursement do not include 
interest, taxes, brokerage 
commissions, or extraordinary 
expenses.
   SST/SIG-94-1 January 1, 1994    
   SST/SIG-94-1 January 1, 1994