# EDGAR Filing Document

**Accession Number:** 0000215829
**File Stem:** 0000215829-25-000046
**Filing Date:** 2025-12
**Character Count:** 2903
**Document Hash:** 3d101b39e44b6bcc391262d60b951f26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000215829-25-000046.hdr.sgml**: 20251212

**ACCESSION NUMBER**: 0000215829-25-000046

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251212

**DATE AS OF CHANGE**: 20251212

**EFFECTIVENESS DATE**: 20251212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SCHOOL STREET TRUST
- **CENTRAL INDEX KEY:** 0000215829

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

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-57167
- **FILM NUMBER:** 251566817

**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 SCHOOL STREET TRUST/
- **DATE OF NAME CHANGE:** 19940526

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY LIMITED TERM MUNICIPALS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Fidelity Advisor Multi-Asset Income Fund (Series ID: S000050482)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000159358 | Class A                          | FWATX           |
| C000159359 | Class M                          | FAZYX           |
| C000159360 | Class C                          | FWBTX           |
| C000159361 | Class I                          | FAYZX           |
| C000199669 | Fidelity Multi-Asset Income Fund | FMSDX           |
| C000205055 | Class Z                          | FIWBX           |

**Supplement to the Fidelity Advisor® Multi-Asset Income Fund Class A, Class M, Class C, Class I, and Class Z March 1, 2025 Summary Prospectus**

*It is expected that Mr. O'Neil will transition off the fund effective on or about September 30, 2026. Rick Gandhi will become a Co-Portfolio Manager for the fund effective January 1, 2026.*

Effective January 1, 2026, the following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Rick Gandhi (Co-Portfolio Manager) has managed the fund since 2026.

AMAI-SUSTK-1225-103 1.9881424.103 December 12, 2025

**Supplement to the Fidelity Advisor® Multi-Asset Income Fund March 1, 2025 Summary Prospectus**

*It is expected that Mr. O'Neil will transition off the fund effective on or about September 30, 2026. Rick Gandhi will become a Co-Portfolio Manager for the fund effective January 1, 2026.*

Effective January 1, 2026, the following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Rick Gandhi (Co-Portfolio Manager) has managed the fund since 2026.

MAI-SUSTK-1225-100 1.9921955.100 December 12, 2025