Fidelity Aberdeen Street Trust

03/06/2026 | Press release | Distributed by Public on 03/06/2026 08:26

Additional Proxy Soliciting Materials (Form DEFA14A)

SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
Check the appropriate box:
☐ Preliminary Proxy Statement
☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☐ Definitive Proxy Statement
☒ Definitive Additional Materials
☐ Soliciting Material under Rule 14a-12

Fidelity Aberdeen Street Trust

(Name of Registrant as Specified In Its Charter)

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(1) Title of each class of securities to which transaction applies:
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I M P O R T A N T
 

Proxy Materials
PLEASE CAST YOUR VOTE NOW!
Fidelity Income Fund:
Fidelity Managed Retirement Income Fund
Fidelity Managed Retirement 2010 Fund
Fidelity Managed Retirement 2015 Fund
Fidelity Managed Retirement 2020 Fund
Fidelity Managed Retirement 2025 Fund
Fidelity Managed Retirement 2030 Fund
Fidelity Managed Retirement 2035 Fund
Dear Shareholder:
A special meeting of shareholders of the Fidelity funds mentioned above will be held on April 16, 2026. The purpose of each meeting is to provide you with the opportunity to vote on important proposals that affect the funds and your investment in them. As a shareholder and a valued Fidelity customer, you have the opportunity to make your voice heard.
Proxy campaigns are costly, so your timely vote will help to control proxy expenses that may be borne by shareholders. This letter and accompanying proxy statement contain important information about the proposals and the materials to use when casting your vote.
Please read the enclosed materials and cast your vote on the proxy card(s). Please vote your shares promptly. Your vote is extremely important, no matter how large or small your holdings may be.
Each proposal has been carefully reviewed by the trust's Board of Trustees. The Trustees, most of whom are not affiliated with Fidelity, are responsible for protecting your interests as a shareholder. The Trustees believe that each of the seven separate proposals are in the best interests of each fund's shareholders: (1) to merge Fidelity Managed Retirement Income Fund into Fidelity Freedom Blend Retirement Fund; (2) to merge Fidelity Managed Retirement 2010 Fund into Fidelity Freedom Blend Retirement Fund; (3) to merge Fidelity Managed Retirement 2015 Fund into Fidelity Freedom Blend 2010 Fund; (4) to merge Fidelity Managed Retirement 2020 Fund into Fidelity Freedom Blend 2015 Fund; (5) to merge Fidelity Managed Retirement 2025 Fund into Fidelity Freedom Blend 2020 Fund; (6) to merge Fidelity Managed Retirement 2030 Fund into Fidelity Freedom Blend 2025 Fund; and (7) to merge Fidelity Managed Retirement 2035 Fund into Fidelity Freedom Blend 2030 Fund. They recommend the approval of each of these proposals.
The following Q&A is provided to assist you in understanding each proposal. They are also described in greater detail in the enclosed proxy statement.
Voting is quick and easy. To cast your vote, you may:

• Visit the web site indicated on your proxy card(s), enter the control number found on the card(s), and follow the on-line instructions; OR

• Call the toll-free number indicated on your proxy card(s), enter the control number found on the card(s), and follow the recorded instructions; OR

• If you have received a paper copy of the proxy card(s), complete the proxy card(s) and return the signed card(s) in the postage-paid envelope.

If you have any questions before you vote, please call Fidelity at the toll-free number on your proxy card(s). We will be glad to help you submit your vote. Thank you for voting your shares and for your confidence in entrusting Fidelity with your investments.
Sincerely,

 
Jennifer Toolin McAuliffe
Chairman
Important information to help you understand and vote on the proposals
Please read the full text of the proxy statement. We've provided a brief overview of the proposals to be voted upon below. Your vote is important. We appreciate you placing your trust in Fidelity and look forward to helping you achieve your financial goals.
What proposals am I being asked to vote on?
Proposal 1 - Shareholders of Fidelity Managed Retirement Income FundSM are being asked to vote on Proposal 1. As more fully described in Proposal 1 in the attached proxy statement, shareholders of Fidelity Managed Retirement Income FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend Retirement Fund by approving an Agreement and Plan of Reorganization.
Proposal 2 - Shareholders of Fidelity Managed Retirement 2010 FundSM are being asked to vote on Proposal 2. As more fully described in Proposal 2 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2010 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend Retirement Fund by approving an Agreement and Plan of Reorganization.
Proposal 3 - Shareholders of Fidelity Managed Retirement 2015 FundSM are being asked to vote on Proposal 3. As more fully described in Proposal 3 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2015 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend 2010 Fund by approving an Agreement and Plan of Reorganization.
Proposal 4 - Shareholders of Fidelity Managed Retirement 2020 FundSM are being asked to vote on Proposal 4. As more fully described in Proposal 4 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2020 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend 2015 Fund by approving an Agreement and Plan of Reorganization.
Proposal 5 - Shareholders of Fidelity Managed Retirement 2025 FundSM are being asked to vote on Proposal 5. As more fully described in Proposal 5 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2025 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend 2020 Fund by approving an Agreement and Plan of Reorganization.
Proposal 6 - Shareholders of Fidelity Managed Retirement 2030 FundSM are being asked to vote on Proposal 6. As more fully described in Proposal 6 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2030 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend 2025 Fund by approving an Agreement and Plan of Reorganization.
Proposal 7 - Shareholders of Fidelity Managed Retirement 2035 FundSM are being asked to vote on Proposal 7. As more fully described in Proposal 7 in the attached proxy statement, shareholders of Fidelity Managed Retirement 2035 FundSM are being asked to approve merging the fund into Fidelity Freedom® Blend 2030 Fund by approving an Agreement and Plan of Reorganization.
 
 
 
 
 
 
 
Proposal
 
 
Acquired Fund
 
 
Acquiring Fund
1
 
 
Fidelity Managed Retirement Income Fund
 
 
Fidelity Freedom Blend Retirement Fund
2
 
 
Fidelity Managed Retirement 2010 Fund
 
 
Fidelity Freedom Blend Retirement Fund
3
 
 
Fidelity Managed Retirement 2015 Fund
 
 
Fidelity Freedom Blend 2010 Fund
4
 
 
Fidelity Managed Retirement 2020 Fund
 
 
Fidelity Freedom Blend 2015 Fund
5
 
 
Fidelity Managed Retirement 2025 Fund
 
 
Fidelity Freedom Blend 2020 Fund
6
 
 
Fidelity Managed Retirement 2030 Fund
 
 
Fidelity Freedom Blend 2025 Fund
7
 
 
Fidelity Managed Retirement 2035 Fund
 
 
Fidelity Freedom Blend 2030 Fund
 
 
 
 
 
 
 
Approval of each proposal will be determined solely by the voting results of shareholders of each Acquired Fund. It will not be necessary for all seven proposals to be approved for any one of them to occur. Additionally, although it is proposed that Fidelity Managed Retirement Income Fund and Fidelity Managed Retirement 2010 Fund be merged into the same Acquiring Fund, neither proposal is subject to, or contingent upon, the approval by the other Acquired Fund's shareholders of that fund's reorganization.
Have the funds' Boards of Trustees approved the reorganizations?
Yes. Each fund's Board of Trustees has carefully reviewed the proposal and approved the Agreement and Plan of Reorganization. The Board of Trustees unanimously recommends that you vote in favor of your fund's Agreement and Plan of Reorganization by approving your fund's proposal. If a proposal is not approved by shareholders, the fund proposed to be acquired will liquidate on or about June 5, 2026 for Fidelity Managed Retirement 2025 FundSM, Fidelity Managed Retirement 2030 FundSM, and Fidelity Managed Retirement 2035 FundSM, and on or about June 12, 2026 for Fidelity Managed Retirement Income FundSM, Fidelity Managed Retirement 2010 FundSM, Fidelity Managed Retirement 2015 FundSM, and Fidelity Managed Retirement 2020 FundSM.
What are the reasons for and advantages of the proposed reorganizations?
We believe, and each fund's Board of Trustees unanimously agreed, that each reorganization, also known as a merger, is in the best interest of shareholders.
For each proposal, the Board of Trustees considered the following factors, among others, in determining that you vote in favor of your fund's reorganization:
•
Each reorganization will permit shareholders to pursue a similar investment strategy in a fund with similar investment exposure and the same portfolio managers, in a portfolio with a larger asset base and better long-term viability.
•
Shareholders will experience an expense reduction of 2 to 5 basis points, depending on the fund.
•
Each reorganization will qualify as a tax-free reorganization for federal income tax purposes.
For more information, shareholders of Fidelity Managed Retirement Income FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 1 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2010 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 2 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2015 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 3 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2020 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 4 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2025 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 5 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2030 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 6 - Reasons for the Reorganization."
For more information, shareholders of Fidelity Managed Retirement 2035 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 7 - Reasons for the Reorganization."
Who bears the expenses associated with the reorganizations?
For each Acquired Fund, FMR will bear a portion of the one-time administrative costs associated with the reorganization. Any transaction costs associated with portfolio adjustments to an Acquired Fund and an Acquiring Fund due to the respective reorganization that occur prior to the Closing Date will be borne by such Acquired Fund and such Acquiring Fund, respectively. Any transaction costs associated with portfolio adjustments to an Acquiring Fund due to the respective reorganization that occur after the Closing Date and any additional merger-related costs attributable to such Acquiring Fund that occur after the Closing Date will be borne by the respective Acquiring Fund.
For more information, please refer to the section entitled "Voting Information - Solicitation of Proxies; Expenses."
How will you determine the number of shares of the Acquiring Fund that I will receive?
Although the number of shares you own will most likely change, the total value of your holdings will not change as a result of your fund's reorganization.
Each Acquired Fund will distribute shares of the Acquiring Fund to its shareholders so that each shareholder will receive the number of full and fractional shares of the Retail Class, Class A, Class I, Class K, and Class K6 of the Acquiring Fund equal in value to the net asset value of shares of the applicable Acquired Fund held by such shareholder on the Closing Date.
The anticipated closing date of the reorganizations is on or about June 5, 2026 for Fidelity Managed Retirement 2025 FundSM, Fidelity Managed Retirement 2030 FundSM, and Fidelity Managed Retirement 2035 FundSM, and on or about June 12, 2026 for Fidelity Managed Retirement Income FundSM, Fidelity Managed Retirement 2010 FundSM, Fidelity Managed Retirement 2015 FundSM, and Fidelity Managed Retirement 2020 FundSM.
Is a reorganization considered a taxable event for federal income tax purposes?
No. Each fund will receive an opinion of counsel that its reorganization will not result in any gain or loss for federal income tax purposes either to the Acquired Fund or the Acquiring Fund or to the shareholders of either fund. Any portfolio adjustments to the funds may result in net realized gains which may need to be distributed in the form of taxable distributions to shareholders before and/or after the date of a reorganization.
For more information, shareholders of Fidelity Managed Retirement Income FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 1 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2010 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 2 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2015 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 3 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2020 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 4 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2025 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 5 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2030 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 6 - Federal Income Tax Considerations."
For more information, shareholders of Fidelity Managed Retirement 2035 FundSM please refer to the section entitled "The Proposed Transactions -
Proposal 7 - Federal Income Tax Considerations."
What if there are not enough votes to reach quorum by the scheduled shareholder meeting date or if a reorganization is not approved?
To facilitate receiving a sufficient number of votes, we may need to take further action. Broadridge Financial Solutions, Inc., a proxy solicitation firm, or Fidelity, may contact you by mail or telephone. Therefore, we encourage shareholders to vote as soon as they receive the enclosed proxy materials to avoid additional mailings or telephone calls, as well as potentially increased expenses to the applicable fund.
If shareholder approval is not achieved, the fund proposed to be acquired will liquidate on or about June 5, 2026 for Fidelity Managed Retirement 2025 FundSM, Fidelity Managed Retirement 2030 FundSM, and Fidelity Managed Retirement 2035 FundSM, and on or about June 12, 2026 for Fidelity Managed Retirement Income FundSM, Fidelity Managed Retirement 2010 FundSM, Fidelity Managed Retirement 2015 FundSM, and Fidelity Managed Retirement 2020 FundSM.
Will retirement plan participants continue to have access to Fidelity's withdrawal feature that is paired with the Managed Retirement Funds?
No, the withdrawal feature will not be available after the Acquired Funds are merged or liquidated.
What role does the Board play?
The Trustees serve as the fund shareholders' representatives. Members of the Board are fiduciaries and have an obligation to serve the best interests of shareholders. In addition, the Trustees review fund performance, oversee fund activities, and review contractual arrangements with companies that provide services to the funds.
General Questions on the Proxy
Who is Broadridge Financial Solutions, Inc.?
Broadridge Financial Solutions, Inc. is a third party proxy vendor that has been hired to call shareholders and record proxy votes. In order to hold a shareholder meeting, quorum must be reached. If quorum is not met (or the required vote is not achieved), the meeting may adjourn to a future date. The campaign attempts to reach shareholders via multiple mailings to remind them to cast their vote. As the meeting approaches, phone calls may be made to shareholders who have not yet voted their shares so that the shareholder meeting does not have to be adjourned.
Voting your shares immediately will help minimize additional solicitation expenses and prevent the need to call you to solicit your vote.
How many votes am I entitled to cast?
As a shareholder, you are entitled to one vote for each dollar of net asset value you own of each of the Acquired Funds on the record date, with fractional dollar amounts entitled to a proportional fractional vote. The record date is February 9, 2026.
How do I vote my shares?
You can vote your shares by visiting the web site indicated on your proxy card(s), entering the control number found on the card(s), and following the on-line instructions. You may also vote by touch-tone telephone by calling the toll-free number on your proxy card(s) and following the recorded instructions. In addition, if you have requested paper proxy materials, you may vote by completing and signing the proxy card(s) and mailing them in the postage-paid envelope. If you need any assistance, or have any questions regarding the proposals or how to vote your shares, please call Fidelity at the toll-free number(s) on the Proxy Statement.
How do I sign the proxy card?
 
 
 
 
 
Individual Accounts:
 
 
Shareholders should sign exactly as their names appear on the account registration shown on the card or form.
 
Joint Accounts:
 
 
Either owner may sign, but the name of the person signing should conform exactly to a name shown in the registration.
 
All Other Accounts:
 
 
The person signing must indicate his or her capacity. For example, a trustee for a trust or other entity should sign,
"Ann B. Collins, Trustee."
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
1.9921836.100
MRF26-PXL-0326
 
 
 
 
 
 
 

eFail Buckslip - to be sent to a shareholder that has consented to receive proxy solicitations electronically but in attempting to deliver an e-mail failure occurred:

Dear Investor,

We were unable to notify you electronically of the Availability of Important Proxy Materials for a Fidelity fund maintained in your account(s). We attempted to send the notice to your e-mail address, as reflected on our records. That e-mail address appears to be invalid.

To correct your e-mail address, please log in to one or more of your online account(s) and follow the instructions.

If this e-mail address is correct, there may be another issue preventing the receipt of these e-mails. Here are some things you should do:

• Confirm that your e-mail account is still active.
• Make sure that your e-mail inbox is not full (over its capacity).
• If you are using an e-mail address provided by your employer, make sure that you can receive e-mails from outside parties.
• Ask your e-mail provider if it has experienced an outage in its system.

Because we were unable to send the notice to you electronically, we are sending this notice and the related Proxy Materials (enclosed) to you in paper form. You may continue to receive Proxy Materials in paper form until you provide us with a valid e-mail address.

Please read the enclosed Proxy Materials and vote your shares promptly. Your vote is extremely important, no matter how large or small your holdings may be.

Form of

Broadridge Touch-Tone Voting Script

1-877-296-4941

Generic Greeting:
"Thank you for calling the Automated Proxy Voting Service."
Shareholder Hears:

"You must be calling from a touch-tone telephone in order to use this system and already have read the proxy statement and made your voting decisions."

"Press 1 if you are calling from a touch-tone telephone and have your proxy card in front of you."

Shareholder presses "1" and hears:

"Let's Begin."

** If shareholder does not press anything two times they will hear after each non- response: "I have not received your response. Press 1 if you are calling from a touch-tone telephone and have your proxy card in front of you."

** If the shareholder does not press anything a third time they will hear: "Please call back when you have your proxy card available. Thank you for calling. Good-bye."

Enter Control Number Script - Shareholder hears:

"Please enter the control number, which is located in the box indicated by the arrow on your proxy card or notice, followed by the pound sign."

** After pressing the number 1; if shareholder does not enter a control number after one and/or two prompts, they will hear: "I have not received your response. Please enter the control number, which is located in the box indicated by the arrow on your proxy card or notice, followed by the pound sign."

** After pressing the number 1; if shareholder does not enter a control number after three prompts, they will hear: "Sorry, since your entry of the control number was invalid, we are not able to process your transaction at this time. You will be able to access the system again in 24 hours. We have not recorded a vote. Good-bye."

Shareholder Enters Control number ☐

Valid Control Number: (See "Voting" Script)

Invalid (Input 1 or 2 times) less than 16 digits: "Sorry your input was invalid". Please enter the control number, which is located in the box indicated by the arrow on your proxy card or notice, followed by the pound sign."

Invalid (input 1 or 2 times) more than 16 digits: "Sorry your input was invalid." Please enter the control number, which is located in the box indicated by the arrow on your proxy card or notice, followed by the pound sign."

- 1 -

Invalid control number (input 1 or 2 times): 16 digits: "Control number is invalid". Please enter the control number, which is located in the box indicated by the arrow on your proxy card or notice, followed by the pound sign."

Invalid Input = (Input 3 times) less than or more than 16 digits: "Sorry, since your entry of the control number was invalid, we are not able to process your transaction at this time. You will be able to access the system again in 24 hours. We have not recorded a vote. Good-bye."

Invalid 16 digit control number (Input 3 times): "Control number is invalid. Sorry, since your entry of the control number was invalid, we are not able to process your transaction at this time. You will be able to access the system again in 24 hours. We have not recorded a vote. Good-bye."

If shareholder calls back and tries to record a vote after Invalid Input = 3x. The following is heard: "Sorry, since your entry of the control number was invalid, we are not able to process your transaction at this time. You will be able to access the system again in 24 hours."

Valid control number, but Shareholder has already voted: "A vote has already been recorded for this control number. If you want to change your vote, press 1, if you do not want to change your vote press 2. (See "Enter Control Number Script).

If shareholder presses 1 - shareholder is directed to the "Voting" Script

Valid control number, but Shareholder has just voted a proxy with the same proposals: "The nominees and/or proposals for this control number are the same as your last proxy vote. If you would like to vote this control number in the same manner as the previous control number, press 1. If you would like to vote this control number differently, press 2."

If shareholder presses 1 - shareholder goes to "Completed Proposal Voting" Script #2

If shareholder presses 2 - shareholder goes to "Voting" Script

Voting:

"Press 1 to vote each item individually. You are encouraged to specify your choices by voting each item individually. However, if you do not vote each item individually, your vote will be cast as recommended by the Board of Directors. Press 2 if you will not vote on each item individually."

If shareholder doesn't make a selection: the first two times the shareholder hears: "I have not received your response" followed by a repeat of "Voting" Script; Upon the third non-response the shareholder hears "We have not recorded a vote - good-bye" and the call ends

Shareholder presses: Shareholder hears:
1 "If you wish to vote for all nominees press 1. To withhold all nominees, press 2. To withhold specific nominees, press 3." Upon selection shareholder goes to "Nominee Vote Script"
2 Shareholder goes to "Completed Proposal Voting" Script #2
Nominee Vote Script: (Trustee election proposal)
- 2 -
Shareholder presses: Shareholder hears:
1 "Proposal Voting." Goes to "Proposal Vote Script".
2 "Proposal Voting." Goes to "Proposal Vote Script".
3

"To withhold a nominee, enter the 2 digit number that is in front of the name of the nominee you wish to withhold. If you are finished, enter 00."

After each election shareholder hears: "O.K. If you wish to withhold another nominee enter the 2 digit number that is in front of the name of the nominee you wish to withhold. If you are finished, enter 00."

Upon entering '00' shareholder goes to "Proposal Vote Script."

(Continued and confirmed for each nominee(s))

See Confirm Options below.

Proposal Vote Script:
If there are not additional proposals, Shareholder hears:
"There are no proposals for this proxy vote." Goes to "Completed Proposal Voting" Script 2
If there are additional proposals, Shareholder hears:

"(There are/There is)

Fidelity Aberdeen Street Trust published this content on March 06, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 06, 2026 at 14:26 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]