FBKFX Fees and Costs — Fidelity Balanced K6 Fund
Data updated: 2026-07-24
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $320K in broker commissions, 0.0153% of average net assets, and portfolio turnover was 53%.
FBKFX Fees and Expenses
Annual operating expenses and sales charges of FBKFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
FBKFX Costs Over Time
On $10,000 invested in FBKFX, assuming 5% a year before costs, total costs come to $213 over 5 years, cutting the return by 0.35% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $116 | $213 |
| Value after costs | $10,465 | $11,460 | $12,550 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
FBKFX 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): 0.0153%
- Total broker commissions: $320K
- Bought from dealers (principal trades, not a cost): $13.7M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $3.0M
- Net income from securities lending: $6K (0.000% of average net assets)
FBKFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $46K | 18.07% |
| BANK OF AMERICA CORPORATION | $42K | 16.28% |
| GOLDMAN SACHS GROUP INC (THE) | $40K | 15.45% |
| MORGAN STANLEY | $31K | 11.99% |
| UBS GROUP AG | $26K | 10.27% |
| CITIGROUP INC | $21K | 8.11% |
| BARCLAYS PLC | $19K | 7.28% |
| JEFFERIES FINANCIAL GROUP INC | $12K | 4.65% |
| VIRTU FINANCIAL INC | $10K | 3.95% |
| ROYAL BANK OF CANADA | $10K | 3.95% |
FBKFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $1.9M | 14.35% |
| JPMORGAN CHASE and CO | $1.7M | 12.67% |
| NOMURA HOLDINGS INC | $1.6M | 12.19% |
| MORGAN STANLEY | $1.5M | 11.61% |
| BANK OF MONTREAL QUE | $1.3M | 10.04% |
| DEUTSCHE BANK AG | $1.2M | 8.78% |
| BANK OF AMERICA CORPORATION | $1.1M | 8.56% |
| JEFFERIES FINANCIAL GROUP INC | $1.1M | 8.18% |
| GOLDMAN SACHS GROUP INC (THE) | $1.0M | 7.80% |
| CITIGROUP INC | $774K | 5.82% |
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.