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Form N-PX · fund registrantSEC filer no. 215829

FIDELITY SCHOOL STREET TRUST

fund voting report, part of Fidelity

Vote records reported
2,508year to 30 June 2026
Against management
4.0%99 of 2,503 marked votes
Say-on-pay support
98.6%for, of for + against + abstain
Shareholder-proposal support
13.6%for, of for + against + abstain
90.5% for7.8% against1.7% other4.0% against management2,508 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

In its Form N-PX for the year to 30 June 2026, FIDELITY SCHOOL STREET TRUST listed 2,508 vote records. Votes against management made up 4.0% of those marked either way (99 of 2,503); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 8.0%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 98.6% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 13.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in ENVIRONMENT OR CLIMATE (12.1% of 58), CORPORATE GOVERNANCE (7.5% of 186) and DIVERSITY, EQUITY, AND INCLUSION (7.4% of 27).

It reported 68.2 million shares out on loan at record dates, 9.95% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share4.0%6.2%10.6%
Say-on-pay support rate98.6%91.6%86.0%
Shareholder-proposal support rate13.6%27.5%33.9%
Shares on loan, share of shares held9.95%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,6561,590343.9%
SECTION 14A SAY-ON-PAY VOTES15114022.0%
AUDIT-RELATED19018910.0%
SHAREHOLDER RIGHTS AND DEFENSES1410428.6%
EXTRAORDINARY TRANSACTIONS65116.7%
CAPITAL STRUCTURE908912.2%
COMPENSATION10999105.5%
CORPORATE GOVERNANCE189133547.5%
ENVIRONMENT OR CLIMATE5894912.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE202185.0%
DIVERSITY, EQUITY, AND INCLUSION273247.4%
OTHER SOCIAL ISSUES7413614.1%
OTHER151320.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20242,9002.6%98.7%13.5%
year to 30 June 20252,7833.1%99.3%17.5%
year to 30 June 20262,5084.0%98.6%13.6%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, FIDELITY SCHOOL STREET TRUST voted against management on 2 of the 141 it marked either way (1.4%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 176 proposals from security holders that could be told apart in the filings and on which it cast a vote, FIDELITY SCHOOL STREET TRUST voted for 24 (13.6%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Amazon.com, Inc.20 May 2026Shareholder proposal requesting additional reporting on impact of data centers on climate commitments
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Alphabet Inc.5 Jun 2026Shareholder proposal regarding an enhanced disclosure on climate goals
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and...
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on the Company's plans to increase sustainability disclosure
Tesla, Inc.6 Nov 2025A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold.
Tesla, Inc.6 Nov 2025A shareholder proposal to amend Article X of the bylaws.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding report on climate change-related commitments.
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
Target Corporation10 Jun 2026Shareholder proposal: ENVIRONMENT OR CLIMATE
WEC Energy Group, Inc.7 May 2026Stockholder proposal to govern by majority vote
Tyler Technologies, Inc.5 May 2026Shareholder Proposal Regarding Political Spending.
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts
THE TORONTO-DOMINION BANK16 Apr 2026Report on AI-Use in High-Level Decision-Making, Risk Assessment and Loan Grants
Americold Realty Trust18 May 2026Other issues

Shares on loan

FIDELITY SCHOOL STREET TRUST reported 68.2 million shares on loan at record dates against 617.1 million shares voted: 9.95% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Fund series in this filing

1 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Fidelity Advisor Multi-Asset Income Fund2,5084.0%98.6%13.6%

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did FIDELITY SCHOOL STREET TRUST vote on executive pay?

In the year to 30 June 2026 FIDELITY SCHOOL STREET TRUST reported 142 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 140 were for (98.6%), 2 against and 0 abstentions. Counting one item per company meeting, it voted against management on 2 of the 141 say-on-pay items it marked either way.

How often does FIDELITY SCHOOL STREET TRUST vote against management?

4.0% of the time in the year to 30 June 2026: 99 of the 2,503 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did FIDELITY SCHOOL STREET TRUST support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 56 votes on proposals from security holders in the year to 30 June 2026 and voted for 7 of them (12.5%). Across every category it voted for 13.6% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by FIDELITY SCHOOL STREET TRUST (filer no. 215829), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.