Fidelity Salem Street Trust Files DEFA14A
Sentiment: neutral
Topics: mutual-fund, disclosure, governance
TL;DR
Fidelity Salem Street Trust filed its DEFA14A, expect governance updates.
AI Summary
This DEFA14A filing concerns Fidelity Salem Street Trust, a registered investment company. The filing, dated December 30, 2024, details information related to the trust's operations and governance. Fidelity Merrimack Street Trust is also listed, indicating potential related entities or historical name changes within the Fidelity group.
Why It Matters
This filing provides crucial transparency for investors in Fidelity's mutual funds, outlining governance and operational details that impact fund management and shareholder rights.
Risk Assessment
Risk Level: low — This filing is a routine disclosure for a registered investment company and does not indicate any immediate financial distress or significant operational risk.
Key Numbers
- 0831 — Fiscal Year End (Fiscal year end for Fidelity Merrimack Street Trust)
- 0430 — Fiscal Year End (Fiscal year end for Fidelity Salem Street Trust)
Key Players & Entities
- Fidelity Salem Street Trust (company) — Filer of the DEFA14A
- Fidelity Merrimack Street Trust (company) — Related company listed in filing
- 245 SUMMER STREET BOSTON MA 02210 (company) — Business and mailing address for the trusts
FAQ
What is the primary purpose of a DEFA14A filing?
A DEFA14A filing, also known as a Definitive Additional Materials filing, is used by companies to provide additional information to shareholders related to a proxy solicitation, often concerning annual meetings or specific proposals.
Who is the primary filer of this document?
The primary filer is Fidelity Salem Street Trust, identified with Central Index Key 0000035315.
What is the business address for Fidelity Salem Street Trust?
The business address for Fidelity Salem Street Trust is 245 SUMMER STREET, BOSTON, MA 02210.
Are there any former company names associated with Fidelity Salem Street Trust?
Yes, Fidelity Salem Street Trust was formerly known as Fidelity Fixed Income Trust (name change 19920703), Fidelity Flexible Bond Fund (name change 19860904), and Fidelity Corporate Bond Fund Inc (name change 19851225).
What is the SEC file number for Fidelity Salem Street Trust?
The SEC file number for Fidelity Salem Street Trust is 811-02105.
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