C000177593 Fees and Costs — Fidelity Flex Mid Cap Value Fund
Data updated: 2022-06-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $16K in broker commissions, 0.0490% of average net assets, and portfolio turnover was 68%.
C000177593 Fees and Expenses
Annual operating expenses and sales charges of C000177593. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000177593 Costs Over Time
On $10,000 invested in C000177593, assuming 5% a year before costs, total costs come to $31 over 5 years, cutting the return by 0.05% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $5 | $17 | $31 |
| Value after costs | $10,495 | $11,559 | $12,732 |
| Impact on return, per year | 0.05% | 0.05% | 0.05% |
C000177593 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0490%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $423K
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $4K
- Net income from securities lending: $2 (0.000% of average net assets)
C000177593 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $2K | 13.50% |
| BANK OF AMERICA CORPORATION | $2K | 13.50% |
| CREDIT SUISSE GRP AG | $2K | 11.95% |
| MORGAN STANLEY | $1K | 9.92% |
| JPMORGAN CHASE and CO | $1K | 9.42% |
| UBS GROUP AG | $1K | 9.07% |
| VIRTU FINANCIAL INC | $1K | 9.06% |
| CITIGROUP INC | $1K | 8.89% |
| JEFFERIES GROUP LLC | $1K | 8.18% |
| NOMURA HOLDINGS INC | $886 | 6.50% |
C000177593 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $193K | 45.58% |
| NOMURA HOLDINGS INC | $140K | 33.13% |
| JEFFERIES GROUP LLC | $40K | 9.46% |
| CITIGROUP INC | $30K | 7.10% |
| BANK OF MONTREAL QUE | $20K | 4.73% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.