Fidelity Income Fund has filed a new summary prospectus for its Total Bond Fund, which is designed to provide investors with a high level of current income. This update is significant as it highlights the fund's investment strategies, fees, and risk factors, ensuring that potential investors have a clear understanding of what to expect.

The Fidelity Income Fund, incorporated in Massachusetts, operates as an investment entity focused on various debt securities. According to the recent filings, the company has been active in updating its documentation, with multiple filings on the same day, including the latest summary prospectus dated October 30, 2026.

Background

Fidelity Income Fund is categorized under investment entities, with its central index key (CIK) being 0000751199. The company has undergone name changes in the past, previously known as Fidelity Mortgage Securities Fund. The firm is based in Boston, Massachusetts, and has a fiscal year ending on July 31.

What the Filing Says

The recent filing, identified by accession number 0000751199-26-000138, includes essential details about the Fidelity Total Bond Fund. It emphasizes that the fund seeks to invest at least 80% of its assets in debt securities of all types and repurchase agreements. The prospectus also outlines the fund's management fee at 0.28% and total annual operating expenses at 0.45%.

"Fidelity Total Bond Fund seeks a high level of current income," the filing states.

Impact

This update may affect current and potential investors by providing them with clearer insights into the fund's operations and costs. Investors who are considering the Fidelity Total Bond Fund can now make more informed decisions based on the newly disclosed information. Additionally, this filing may influence other investment firms to enhance their transparency in fund management.

What's Next

The filing does not say what happens next. However, it is expected that Fidelity will continue to monitor and update its fund offerings to align with market conditions and investor expectations.