FCBTX Fees and Costs — Fidelity Corporate Bond Fund, Class M
Data updated: 2026-07-24
The net expense ratio is 0.80%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.20% other expenses. This share class carries a maximum front-end sales load of 4.00%. Portfolio turnover was 43%.
FCBTX Fees and Expenses
Annual operating expenses and sales charges of FCBTX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 4.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FCBTX Costs Over Time
On $10,000 invested in FCBTX, assuming 5% a year before costs, total costs come to $993 over 5 years, cutting the return by 1.69% 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 | $400 | $400 | $400 |
| Fund expenses (net expense ratio 0.80%) | $81 | $252 | $438 |
| Lost growth on money paid in costs | $20 | $76 | $155 |
| Total costs | $501 | $728 | $993 |
| Value after costs | $9,999 | $10,849 | $11,770 |
| Impact on return, per year | 5.01% | 2.25% | 1.69% |
FCBTX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $0
- Net income from securities lending: $122 (0.000% of average net assets)
FCBTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $360.0M | 24.52% |
| GOLDMAN SACHS GROUP INC (THE) | $226.6M | 15.43% |
| JPMORGAN CHASE and CO | $202.8M | 13.81% |
| MORGAN STANLEY | $154.5M | 10.52% |
| BARCLAYS PLC | $148.5M | 10.11% |
| THE TORONTO DOMINION BANK | $136.6M | 9.30% |
| WELLS FARGO and CO | $68.7M | 4.68% |
| CITIGROUP INC | $66.7M | 4.54% |
| CITADEL SECURITIES LP | $61.5M | 4.19% |
| HSBC HOLDINGS PLC | $42.6M | 2.90% |
Fidelity Corporate 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 |
|---|---|---|---|
| FIKOX | Class Z | 0.36% | none |
| FCBFX | Fidelity Corporate Bond Fund | 0.45% | — |
| FCBIX | Class I | 0.50% | none |
| FCBAX | Class A | 0.77% | 4.00% |
| FCBTX | Class M | 0.80% | 4.00% |
| FCCCX | Class C | 1.52% | 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.