# Fidelity Capital & Income Fund — new fund registration

FIDELITY SUMMER STREET TRUST registered fund series on Form 485APOS, filed 2025-04-10. Featured series: Fidelity Capital & Income Fund.

## Registration

- Registrant / trust: FIDELITY SUMMER STREET TRUST
- CIK: 0000225322
- Form: 485APOS
- Filed: 2025-04-10
- State of incorporation: MA
- Accession: 0000225322-25-000100
- Reported net assets: $15.6B

## Series & classes (16)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Fidelity Capital & Income Fund](https://search.stillhousedata.com/fund/S000007495) | Fidelity Capital & Income Fund | FAGIX | — |
| [Fidelity Focused High Income Fund](https://search.stillhousedata.com/fund/S000017689) | Fidelity Focused High Income Fund | FHIFX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity High Income Fund | SPHIX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity Advisor High Income Fund: Class M | FGRMX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity Advisor High Income Fund: Class C | FGSMX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity Advisor High Income Fund: Class I | FGTMX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity Advisor High Income Fund: Class Z | FGUMX | — |
| [Fidelity High Income Fund](https://search.stillhousedata.com/fund/S000017690) | Fidelity Advisor High Income Fund: Class A | FGQMX | — |
| [Fidelity Series High Income Fund](https://search.stillhousedata.com/fund/S000031534) | Fidelity Series High Income Fund | FSHNX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Short Duration High Income Fund | FSAHX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Advisor Short Duration High Income Fund: Class I | FSFHX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Advisor Short Duration High Income Fund: Class A | FSBHX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Advisor Short Duration High Income Fund: Class M | FSEHX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Advisor Short Duration High Income Fund: Class C | FSDHX | — |
| [Fidelity Short Duration High Income Fund](https://search.stillhousedata.com/fund/S000042758) | Fidelity Advisor Short Duration High Income Fund: Class Z | FIJWX | — |
| [Fidelity SAI High Income Fund](https://search.stillhousedata.com/fund/S000071838) | Fidelity SAI High Income Fund | FSHGX | — |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.00%
- Gross expense ratio: 0.88%
- Management fee: 0.63%
- Net expense ratio: 0.86%
- Other expenses: 0.01%

## Investment objective

Fidelity Capital & Income Fund seeks to provide a combination of income and capital growth.

## Advisers

- [Fidelity Management & Research Company LLC (Advisor)](https://search.stillhousedata.com/firm/108281)
- [Fidelity Management & Research (Hong Kong) Limited (Subadvisor)](https://search.stillhousedata.com/firm/148045)
- [Fidelity Management & Research (Japan) Limited (Subadvisor)](https://search.stillhousedata.com/firm/148239)
- [FMR Investment Management (UK) Limited (Subadvisor)](https://search.stillhousedata.com/firm/108273)

## Other filings by this registrant (15)

- [485APOS — 2024-12-16](https://search.stillhousedata.com/launch/0000225322-24-000502)
- [485APOS — 2024-04-26 (1 new series)](https://search.stillhousedata.com/launch/0000225322-24-000071)
- [485APOS — 2023-12-15](https://search.stillhousedata.com/launch/0000225322-23-000296)
- [485APOS — 2023-02-10 (1 new series)](https://search.stillhousedata.com/launch/0000878467-23-000001)
- [485APOS — 2022-05-16](https://search.stillhousedata.com/launch/0001379491-22-002024)
- [485APOS — 2022-04-15](https://search.stillhousedata.com/launch/0001379491-22-001505)
- [485APOS — 2022-02-02 (6 new series)](https://search.stillhousedata.com/launch/0001193125-22-025385)
- [485APOS — 2022-01-27 (3 new series)](https://search.stillhousedata.com/launch/0001193125-22-019674)
- [485APOS — 2021-06-25](https://search.stillhousedata.com/launch/0001379491-21-002682)
- [485APOS — 2021-03-26 (12 new series)](https://search.stillhousedata.com/launch/0001379491-21-001107)
- [485APOS — 2021-02-26 (1 new series)](https://search.stillhousedata.com/launch/0001379491-21-000761)
- [485APOS — 2020-02-10](https://search.stillhousedata.com/launch/0001379491-20-000407)

## More

- [Registrant profile: FIDELITY SUMMER STREET TRUST](https://search.stillhousedata.com/registrant/225322)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0000225322-25-000100.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

---

Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.