Supplement to the

Fidelity® SAI Enhanced Municipal Income Fund

August 29, 2026

STATEMENT OF ADDITIONAL INFORMATION

The following information replaces similar information found in the "Investment Policies and Limitations" section.

Loans

The fund does not currently intend to engage in repurchase agreements or lend assets other than securities to other parties, but this limitation does not apply to purchases of debt securities.

SEB-SSTK-0926-100-1.9923612.100

September 18, 2026