FANCX Fees and Costs — Fidelity Short-Term Bond Fund, Class C
Data updated: 2026-07-24
The net expense ratio is 1.36%: a 0.20% management fee, a 1.00% 12b-1 fee plus 0.16% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $22K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 59%.
FANCX Fees and Expenses
Annual operating expenses and sales charges of FANCX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.36% |
| Fee waiver | — |
| Net expense ratio | 1.36% |
| 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 |
FANCX Costs Over Time
On $10,000 invested in FANCX, assuming 5% a year before costs, total costs come to $845 over 5 years, cutting the return by 1.43% 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 | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.36%) | $143 | $444 | $767 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $246 | $466 | $845 |
| Value after costs | $10,254 | $11,110 | $11,918 |
| Impact on return, per year | 2.46% | 1.43% | 1.43% |
FANCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0009%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $0
- Net income from securities lending: $30 (0.000% of average net assets)
FANCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $22K | 100.00% |
FANCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $342.4M | 18.34% |
| JPMORGAN CHASE and CO | $220.4M | 11.81% |
| BARCLAYS PLC | $207.2M | 11.10% |
| GOLDMAN SACHS GROUP INC (THE) | $197.7M | 10.59% |
| CITIGROUP INC | $183.2M | 9.81% |
| BANK OF AMERICA CORPORATION | $177.7M | 9.52% |
| CITADEL SECURITIES LP | $174.7M | 9.36% |
| WELLS FARGO and CO | $155.9M | 8.35% |
| BANK OF MONTREAL QUE | $124.2M | 6.65% |
| BNP PARIBAS | $83.4M | 4.47% |
Fidelity Short-Term Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FSTB | C000276223 | 0.20% | — |
| FIKTX | Class Z | 0.25% | none |
| FBNIX | Class I | 0.30% | none |
| FSHBX | Fidelity Short-Term Bond Fund | 0.30% | — |
| FBNAX | Class A | 0.50% | 1.50% |
| FBNTX | Class M | 0.51% | 1.50% |
| FANCX | Class C | 1.36% | 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.