-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gt8rOgOvJDjcbGYEiCSODqL3C+EZ8dZyO7nLPwMoJhX3dDv01RrucsucmuHiXF7n z9Mp8r+aSCtkZRZzglrsxA== 0000035315-08-000012.txt : 20080403 0000035315-08-000012.hdr.sgml : 20080403 20080403130745 ACCESSION NUMBER: 0000035315-08-000012 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20080403 DATE AS OF CHANGE: 20080403 EFFECTIVENESS DATE: 20080403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY FIXED INCOME TRUST CENTRAL INDEX KEY: 0000035315 IRS NUMBER: 042466841 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-41839 FILM NUMBER: 08736577 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6174391251 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE ZH-2 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FLEXIBLE BOND FUND DATE OF NAME CHANGE: 19860904 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CORPORATE BOND FUND INC DATE OF NAME CHANGE: 19851225 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY BOND DEBENTURE FUND INC DATE OF NAME CHANGE: 19780809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY FIXED INCOME TRUST CENTRAL INDEX KEY: 0000035315 IRS NUMBER: 042466841 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02105 FILM NUMBER: 08736578 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6174391251 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE ZH-2 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FLEXIBLE BOND FUND DATE OF NAME CHANGE: 19860904 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CORPORATE BOND FUND INC DATE OF NAME CHANGE: 19851225 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY BOND DEBENTURE FUND INC DATE OF NAME CHANGE: 19780809 0000035315 S000017680 Fidelity Tax-Free Bond Fund C000048850 Fidelity Tax-Free Bond Fund 485BPOS 1 main.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT (No. 002-41839)

UNDER THE SECURITIES ACT OF 1933

[X]

Pre-Effective Amendment No.

[ ]

Post-Effective Amendment No. 111

[X]

and

REGISTRATION STATEMENT (No. 811-02105)

UNDER THE INVESTMENT COMPANY ACT OF 1940

[X]

Amendment No. 111

[X]

Fidelity Fixed-Income Trust

(Exact Name of Registrant as Specified in Charter)

82 Devonshire St., Boston, Massachusetts 02109

(Address Of Principal Executive Offices) (Zip Code)

Registrant's Telephone Number: 617-563-7000

Eric D. Roiter, Secretary

82 Devonshire Street

Boston, Massachusetts 02109

(Name and Address of Agent for Service)

It is proposed that this filing will become effective on April 3, 2008 pursuant to paragraph (b) of Rule 485.

EXHIBIT INDEX

Users of this data are advised pursuant to the rules and regulations governing the filing of voluntary XBRL disclosure that the following XBRL documents are not the official publicly filed disclosure of Fidelity Tax-Free Bond Fund. The purpose of submitting these XBRL formatted documents is to test the related format and technology and, as a result, investors should continue to rely on the official version of the furnished documents and not rely on this information in making investment decisions.

Exhibit

Exhibit No.

XBRL Instance Document

EX-100.INS

XBRL Taxonomy Extension Schema Document

EX-100.SCH

XBRL Taxonomy Extension Labels Linkbase Document

EX-100.DEF

XBRL Taxonomy Extension Reference Linkbase Document

EX-100.REF

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 111 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston, and Commonwealth of Massachusetts, on the 3rd day of April 2008.

Fidelity Fixed-Income Trust

By

/s/Kimberley Monasterio

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Kimberley Monasterio, President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

(Signature)

(Title)

(Date)

/s/Kimberley Monasterio

President and Treasurer

April 3, 2008

Kimberley Monasterio

(Principal Executive Officer)

/s/Joseph B. Hollis

Chief Financial Officer

April 3, 2008

Joseph B. Hollis

(Principal Financial Officer)

/s/Edward C. Johnson 3d

(dagger)

Trustee

April 3, 2008

Edward C. Johnson 3d

/s/James C. Curvey

*

Trustee

April 3, 2008

James C. Curvey

/s/Dennis J. Dirks

*

Trustee

April 3, 2008

Dennis J. Dirks

/s/Albert R. Gamper

*

Trustee

April 3, 2008

Albert R. Gamper

/s/George H. Heilmeier

*

Trustee

April 3, 2008

George H. Heilmeier

/s/James H. Keyes

*

Trustee

April 3, 2008

James H. Keyes

/s/Marie L. Knowles

*

Trustee

April 3, 2008

Marie L. Knowles

/s/Ned C. Lautenbach

*

Trustee

April 3, 2008

Ned C. Lautenbach

/s/Cornelia M. Small

*

Trustee

April 3, 2008

Cornelia M. Small

/s/William S. Stavropoulos

*

Trustee

April 3, 2008

William S. Stavropoulos

/s/Kenneth L. Wolfe

*

Trustee

April 3, 2008

Kenneth L. Wolfe

* Signature affixed by Abigail P. Johnson, pursuant to a power of attorney dated April 1, 2007 and filed herewith.

* By: /s/Joseph R. Fleming
Joseph R. Fleming, pursuant to a power of attorney dated May 17, 2007 and filed herewith.

POWER OF ATTORNEY

I, the undersigned President and Director or Trustee, as the case may be, of the following investment companies:

Fidelity Aberdeen Street Trust

Fidelity Advisor Series I

Fidelity Advisor Series II

Fidelity Advisor Series IV

Fidelity Advisor Series VII

Fidelity Advisor Series VIII

Fidelity Beacon Street Trust

Fidelity Boylston Street Trust

Fidelity California Municipal Trust

Fidelity California Municipal Trust II

Fidelity Capital Trust

Fidelity Central Investment Portfolios LLC

Fidelity Charles Street Trust

Fidelity Colchester Street Trust

Fidelity Commonwealth Trust

Fidelity Concord Street Trust

Fidelity Congress Street Fund

Fidelity Contrafund

Fidelity Court Street Trust

Fidelity Court Street Trust II

Fidelity Covington Trust

Fidelity Destiny Portfolios

Fidelity Devonshire Trust

Fidelity Exchange Fund

Fidelity Financial Trust

Fidelity Fixed-Income Trust

Fidelity Garrison Street Trust

Fidelity Hanover Street Trust

Fidelity Hastings Street Trust

Fidelity Hereford Street Trust

Fidelity Income Fund

Fidelity Investment Trust

Fidelity Magellan Fund

Fidelity Massachusetts Municipal Trust

Fidelity Money Market Trust

Fidelity Mt. Vernon Street Trust

Fidelity Municipal Trust

Fidelity Municipal Trust II

Fidelity New York Municipal Trust

Fidelity New York Municipal Trust II

Fidelity Newbury Street Trust

Fidelity Oxford Street Trust

Fidelity Phillips Street Trust

Fidelity Puritan Trust

Fidelity Revere Street Trust

Fidelity School Street Trust

Fidelity Securities Fund

Fidelity Select Portfolios

Fidelity Summer Street Trust

Fidelity Trend Fund

Fidelity Union Street Trust

Fidelity Union Street Trust II

Variable Insurance Products Fund

Variable Insurance Products Fund II

Variable Insurance Products Fund III

Variable Insurance Products Fund IV

Variable Insurance Products Fund V

in addition to any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individual serves as President and Director or Trustee, (collectively, the "Funds"), hereby revoke all previous powers of attorney I have given to sign and otherwise act in my name and behalf in matters involving the Funds and hereby constitute and appoint Abigail P. Johnson my true and lawful attorney-in-fact, with full power of substitution, and with full power to said attorney-in-fact to sign for me and in my name in the appropriate capacity, all Registration Statements of the Funds on Form N-1A, Form N-8A, Form N-14, or any successors thereto, any and all subsequent Amendments, Pre-Effective Amendments, or Post-Effective Amendments to said Registration Statements or any successors thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and on my behalf in connection therewith as said attorney-in-fact deems necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940, and all related requirements of the Securities and Exchange Commission. I hereby ratify and confirm all that said attorney-in-fact or her substitutes may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after April 1, 2007.

WITNESS my hand on the date set forth below.

/s/Edward C. Johnson 3d

April 1, 2007

Edward C. Johnson 3d

POWER OF ATTORNEY


We, the undersigned Directors or Trustees, as the case may be, of the following investment companies:

Fidelity Aberdeen Street Trust

Fidelity Advisor Series I

Fidelity Advisor Series II

Fidelity Advisor Series IV

Fidelity Advisor Series VII

Fidelity Advisor Series VIII

Fidelity Beacon Street Trust

Fidelity Boylston Street Trust

Fidelity California Municipal Trust

Fidelity California Municipal Trust II

Fidelity Capital Trust

Fidelity Central Investment Portfolios LLC

Fidelity Charles Street Trust

Fidelity Colchester Street Trust

Fidelity Commonwealth Trust

Fidelity Concord Street Trust

Fidelity Congress Street Fund

Fidelity Contrafund

Fidelity Court Street Trust

Fidelity Court Street Trust II

Fidelity Covington Trust

Fidelity Destiny Portfolios

Fidelity Devonshire Trust

Fidelity Exchange Fund

Fidelity Financial Trust

Fidelity Fixed-Income Trust

Fidelity Garrison Street Trust

Fidelity Hanover Street Trust

Fidelity Hastings Street Trust

Fidelity Hereford Street Trust

Fidelity Income Fund

Fidelity Investment Trust

Fidelity Magellan Fund

Fidelity Massachusetts Municipal Trust

Fidelity Money Market Trust

Fidelity Mt. Vernon Street Trust

Fidelity Municipal Trust

Fidelity Municipal Trust II

Fidelity New York Municipal Trust

Fidelity New York Municipal Trust II

Fidelity Newbury Street Trust

Fidelity Oxford Street Trust

Fidelity Phillips Street Trust

Fidelity Puritan Trust

Fidelity Revere Street Trust

Fidelity School Street Trust

Fidelity Securities Fund

Fidelity Select Portfolios

Fidelity Summer Street Trust

Fidelity Trend Fund

Fidelity Union Street Trust

Fidelity Union Street Trust II

Variable Insurance Products Fund

Variable Insurance Products Fund II

Variable Insurance Products Fund III

Variable Insurance Products Fund IV

Variable Insurance Products Fund V

plus any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individuals serve as Directors or Trustees (collectively, the "Funds"), hereby revoke all previous powers of attorney we have given to sign and otherwise act in our names and behalf in matters involving the Funds and hereby constitute and appoint Joseph R. Fleming, John V. O'Hanlon, Robert W. Helm and Anthony H. Zacharski each of them singly, our true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for us and in our names in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, Form N-8A, Form N-14, or any successors thereto, any and all subsequent Amendments, Pre-Effective Amendments, or Post-Effective Amendments to said Registration Statements or any successors thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in our names and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940, and all related requirements of the Securities and Exchange Commission. We hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after May 17, 2007.

WITNESS our hands on this seventeenth day of May 2007.

/s/James C. Curvey

\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\

/s/Marie L. Knowles

James C. Curvey

Marie L. Knowles

/s/Dennis J. Dirks

/s/Ned C. Lautenbach

Dennis J. Dirks

Ned C. Lautenbach

/s/Albert R. Gamper

/s/Cornelia M. Small

Albert R. Gamper

Cornelia M. Small

/s/George H. Heilmeier

/s/William S. Stavropoulos

George H. Heilmeier

William S. Stavropoulos

/s/James H. Keyes

/s/Kenneth L. Wolfe

James H. Keyes

Kenneth L. Wolfe

EX-100.SCH 3 reg.xsd EX-100.DEF 4 reg_def.xml EX-100.LAB 5 reg_lab.xml Fidelity Fixed Income TrustAllInstrumentsFidelity Tax-Free Bond FundFidelity Tax-Free Bond Fund EX-100.INS 6 r-04032008.xml 0000035315ici:Registrant_item2008-04-030000035315filer:S0000176802008-04-030000035315filer:C0000488502008-04-030000035315filer:AllInstruments2008-04-03pureiso4217:USDInvestment SummaryInvestment ObjectiveTax-Free Bond Fund seeks to provide a high current yield exempt from federal income tax.Principal Investment Strategies * Normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. * Normally not investing in municipal securities whose interest is subject to federal income tax or in municipal securities whose interest is subject to the federal alternative minimum tax. * Managing the fund to have similar overall interest rate risk to a municipal bond index. * Allocating assets across different market sectors and maturities. * Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. * Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. * Engaging in transactions that have a leveraging effect on the fund. Principal Investment Risks* Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities. * Interest Rate Changes. Interest rate increases can cause the price of a debt security to decrease. * Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. * Leverage Risk. Leverage can increase market exposure and magnify investment risks. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. When you sell your shares they may be worth more or less than what you paid for them, which means that you could lose money. PerformanceThe following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a market index and an average of the performance of similar funds over various periods of time. Returns (before and after taxes) are based on past results and are not an indication of future performance.Year-by-Year ReturnsCalendar Years20020.106920030.061820040.048420050.037920060.048320070.0322Highest Quarter Return0.05592002-09-30Lowest Quarter Return-0.03122004-06-30Average Annual ReturnsAfter-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Actual after-tax returns may differ depending on your individual circumstances. The after-tax re turns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.For the periods ended December 31, 2007Past 1 yearPast 5 yearsLife of fundAReturn Before Taxes0.03220.04560.0556Return After Taxes on Distributions0.0320.04490.0549Return After Taxes on Distributions and Sale of Fund Shares0.03520.04490.0537Lehman Brothers­ 3 Plus Year Non-AMT Municipal Bond Index (reflects no deduction for fees, expenses, or taxes)0.03290.04510.0533LipperSM General Municipal Debt Funds Average (reflects no deduction for sales charges or taxes)0.01150.0348AFrom April 10, 2001.Lehman Brothers 3 Plus Year Non-AMT Municipal Bond Index is a market value-weighted index of investment-grade Non-Alternative Minimum Tax (AMT) fixed-rate municipal bonds with maturities of three years or more.The Lipper Funds Average reflects the performance of mutual funds with similar objectives.Fee TableThe following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.Shareholder fees (paid by the investor directly)Sales charge (load) on purchases and reinvested distributions0.0000Deferred sales charge (load) on redemptions0.0000Redemption fee on shares held less than 30 days (as a % of amount redeemed)A-0.0050AA redemption fee may be charged when you sell your shares or if your shares are redeemed because your fund balance falls below the balance minimum for any reason, including solely due to declines in net asset value per share.Annual operating expenses: (paid from fund assets)Management fee0.0037Distribution and/or Service (12b-1) fees0.0000Other expenses0.0011Total annual fund operating expensesA0.0048AEffective August 15, 2002, FMR has voluntarily agreed to reimburse the fund to the extent that total operating expenses (excluding interest, taxes, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of its average net assets, exceed 0.25%. This arrangement may be discontinued by FMR at any time. This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: 1 year493 years1545 years26910 years6042008-04-032008-04-03The purpose of submitting the tagged exhibit is to test the related format and technology and, as a result, investors should not rely on this exhibit in making investment decisions.
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