Fidelity Trust Proxy Filing
Sentiment: neutral
Topics: proxy-filing, investment-trust, governance
TL;DR
Fidelity trusts filed proxy docs, shareholders vote soon.
AI Summary
Fidelity Merrimack Street Trust and Fidelity Salem Street Trust have filed a DEFA14A, indicating a definitive proxy statement. These filings are related to the trusts' operations and governance, with addresses at 245 Summer Street, Boston, MA. The filings also reference various Fidelity bond funds, including Fidelity Municipal Core Plus Bond Fund and its different share classes.
Why It Matters
This filing provides important information for shareholders regarding proxy voting and corporate governance decisions for Fidelity's investment trusts.
Risk Assessment
Risk Level: low — This is a routine proxy filing (DEFA14A) for investment trusts, not indicating any immediate financial distress or unusual events.
Key Players & Entities
- Fidelity Merrimack Street Trust (company) — Filer of DEFA14A
- Fidelity Salem Street Trust (company) — Filer of DEFA14A
- 245 Summer Street, Boston, MA (company) — Business and mailing address for the trusts
- Fidelity Municipal Core Plus Bond Fund (company) — Referenced fund
FAQ
What is the purpose of a DEFA14A filing?
A DEFA14A filing is a definitive proxy statement used to solicit shareholder votes on important corporate matters.
Who are the primary filers in this document?
The primary filers are Fidelity Merrimack Street Trust and Fidelity Salem Street Trust.
What is the business address for these Fidelity trusts?
The business address is 245 Summer Street, Boston, MA 02210.
Are specific funds mentioned in relation to these trusts?
Yes, the filing references Fidelity Municipal Core Plus Bond Fund and its various share classes (e.g., Class Z, Class I, Class A).
What is the fiscal year end for Fidelity Merrimack Street Trust?
The fiscal year end for Fidelity Merrimack Street Trust is August 31st.
Filing Stats: 4,608 words · 18 min read · ~15 pages · Grade level 10.9 · Accepted 2024-12-30 16:55:04
Filing Documents
- fmst-efp13454_defa14a.htm (DEFA14A) — 309KB
- abigailgrey.jpg (GRAPHIC) — 26KB
- abigailsign.jpg (GRAPHIC) — 17KB
- fidelitylogo1.jpg (GRAPHIC) — 26KB
- img001.jpg (GRAPHIC) — 59KB
- img002.jpg (GRAPHIC) — 7KB
- img_01.jpg (GRAPHIC) — 183KB
- img_02.jpg (GRAPHIC) — 114KB
- img_03.jpg (GRAPHIC) — 156KB
- img_04.jpg (GRAPHIC) — 139KB
- img_05.jpg (GRAPHIC) — 148KB
- img_06.jpg (GRAPHIC) — 141KB
- img_07.jpg (GRAPHIC) — 167KB
- img_08.jpg (GRAPHIC) — 104KB
- img_11.jpg (GRAPHIC) — 163KB
- img_12.jpg (GRAPHIC) — 124KB
- imgp001.jpg (GRAPHIC) — 10KB
- 0001133228-24-011707.txt ( ) — 2491KB
- S000079710
- C000240977 (FMBHX)
- C000240978 (FMBGX)
- C000240979 (FMBAX)
- C000240980 (FMBFX)
- C000240981 (FMBMX)
- C000240982 (FMBEX)
- S000089370
- C000255892 (FMUB)
From the Filing
MERRIMACK STREET TRUST - DEFA14A SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under Rule 14a-12 FIDELITY MERRIMACK STREET TRUST (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: (4) Proposed maximum aggregate value of transaction: (5) Total Fee Paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: IMPORTANT Proxy Materials PLEASE CAST YOUR VOTE NOW! Fidelity Municipal Core Plus Bond Fund: Dear Shareholder: A special meeting of shareholders of Fidelity Municipal Core Plus Bond Fund will be held on March 12, 2025. The purpose of the meeting is to provide you with the opportunity to vote on an important proposal that affects the fund and your investment in it. As a shareholder and a valued Fidelity customer, you have the opportunity to make your voice heard. This letter and accompanying proxy statement contain important information about the proposal and the materials to use when casting your vote. Please read the enclosed materials and cast your vote on the proxy card(s). Please vote your shares promptly. Your vote is extremely important, no matter how large or small your holdings may be. The proposal, which is to approve an Agreement and Plan of Reorganization and Liquidation providing for the reorganization of the fund into Fidelity Municipal Bond Opportunities ETF, has been carefully reviewed by the fund's Board of Trustees. The Trustees, most of whom are not affiliated with Fidelity, are responsible for protecting your interests as a shareholder. The Trustees believe that the proposal is in the best interests of the fund's shareholders. They recommend that you vote for this proposal. The following Q&A is provided to assist you in understanding the proposal. The proposal is also described in greater detail in the enclosed proxy statement. Voting is quick and easy . To cast your vote, you may: Visit the web site indicated on your proxy card(s), enter the control number found on the card(s), and follow the on-line instructions; OR Call the toll-free number indicated on your proxy card(s), enter the control number found on the card(s), and follow the recorded instructions; OR If you have received a paper copy of the proxy card(s), complete the proxy card(s) and return the signed card(s) in the postage-paid envelope. If you have any questions before you vote, please call Fidelity at the toll-free number on your proxy card(s). We will be glad to help you submit your vote. Thank you for voting your shares and for your confidence in entrusting Fidelity with your investments. Sincerely, Abigail P. Johnson Chairman Important information to help you understand and vote on the proposal Please read the full text of the proxy statement. We have provided a brief overview of the proposal to be voted upon below. Your vote is important. We appreciate you placing your trust in Fidelity and look forward to helping you achieve your financial goals. What proposal am I being asked to vote on? To approve an Agreement and Plan of Reorganization and Liquidation (the Agreement) providing for the reorganization of Fidelity Municipal Core Plus Bond Fund (the Acquired Fund) into Fidelity Municipal Bond Opportunities ETF (the Acquiring Fund), a newly created ETF. How do the funds' investment objectives, strategies, policies, and limitations compare? The Acquired Fund has the same investment objective, principal investment strategies, and fundamental and non-fundamental policies and limitations as the Acquiring Fund. Has the Board of Trustees approved the reorganization? Yes. The Acquired Fund's Board of Trustees has carefully reviewed the proposal and approved the Agreement and the reorganization. The Board of Trustees unanimously recommends that shareholders vote in favor of the reorganization by approving the Agreement. What are the reasons f