FAHEX Fees and Costs — Fidelity Advisor Capital and Income Fund, Class C
Data updated: 2026-09-23
The net expense ratio is 1.93% (1.94% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $30K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 22%.
FAHEX Fees and Expenses
Annual operating expenses and sales charges of FAHEX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.94% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.93% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FAHEX Costs Over Time
On $10,000 invested in FAHEX, assuming 5% a year before costs, total costs come to $1,186 over 5 years, cutting the return by 2.03% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.93%) | $203 | $626 | $1,075 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $31 | $110 |
| Total costs | $306 | $658 | $1,186 |
| Value after costs | $10,194 | $10,918 | $11,577 |
| Impact on return, per year | 3.06% | 2.03% | 2.03% |
FAHEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0013%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $336.5M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $38K (0.002% of average net assets)
FAHEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $10K | 36.00% |
| BARCLAYS PLC | $4K | 14.17% |
| ROYAL BANK OF CANADA | $3K | 11.93% |
| MORGAN STANLEY | $2K | 7.94% |
| JPMORGAN CHASE and CO | $2K | 6.26% |
| BANK OF AMERICA CORPORATION | $2K | 5.98% |
| GOLDMAN SACHS GROUP INC (THE) | $2K | 5.62% |
| MACQUARIE GROUP LTD | $1K | 5.14% |
| VIRTU FINANCIAL INC | $1K | 4.30% |
| UBS GROUP AG | $721 | 2.66% |
FAHEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $76.4M | 23.94% |
| JPMORGAN CHASE and CO | $59.8M | 18.74% |
| GOLDMAN SACHS GROUP INC (THE) | $43.0M | 13.48% |
| BANK OF AMERICA CORPORATION | $40.3M | 12.62% |
| CITIGROUP INC | $33.0M | 10.34% |
| JEFFERIES FINANCIAL GROUP INC | $23.2M | 7.27% |
| BARCLAYS PLC | $21.7M | 6.78% |
| ROYAL BANK OF CANADA | $8.7M | 2.73% |
| WELLS FARGO and CO | $7.5M | 2.34% |
| MIZUHO FINANCIAL GROUP INC | $5.6M | 1.74% |
Fidelity Advisor Capital and Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIQTX | Class Z | 0.82% | none |
| FAHCX | Class I | 0.93% | none |
| FAHYX | Class M | 1.17% | 4.00% |
| FAHDX | Class A | 1.18% | 4.00% |
| FAHEX | Class C | 1.93% | none |
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.