SUPPLEMENT TO THE FIDELITY STRATEGIC INCOME FUND
APRIL 8, 1998
PROSPECTUS
The following information replaces similar information found under the
heading "FMR and Its Affiliates" in the "Charter" section beginning on
page 7.
John H. Carlson is Vice President and lead manager of Strategic
Income, which he has managed since inception. Mr. Carlson also manages
the emerging markets investments of Strategic Income and manages other
Fidelity funds. Prior to joining Fidelity in 1995, he was Executive
Director of emerging markets at Lehman Brothers International from
1992 through 1995.
Kevin Grant is Vice President and manager of Strategic Income. Mr.
Grant has managed the domestic investment-grade and U.S. Government
investments for Strategic Income since 1998. He also manages several
other Fidelity funds. Mr. Grant joined Fidelity in 1993 as a portfolio
manager.
The following information supplements the information found on the
cover page.
Trading Symbol FSICX
