FCDSX Fees and Costs — Fidelity Series International Credit Fund
Data updated: 2026-08-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 61%.
FCDSX Fees and Expenses
Annual operating expenses and sales charges of FCDSX. Prospectus, as of February 28, 2026.
| 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 | Yes |
| Waived fees subject to recoupment | No |
FCDSX Costs Over Time
On $10,000 invested in FCDSX, assuming 5% a year before costs, total costs come to $1 over 5 years, cutting the return by 0.00% 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) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $1 |
| Value after costs | $10,500 | $11,576 | $12,762 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
FCDSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0014%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $153.6M
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $0
- Net income from securities lending: $49 (0.000% of average net assets)
FCDSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $2K | 95.46% |
| JPMORGAN CHASE and CO | $80 | 4.54% |
FCDSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS GROUP AG | $16.4M | 14.63% |
| BNP PARIBAS | $15.6M | 13.93% |
| NOMURA HOLDINGS INC | $14.0M | 12.48% |
| DEUTSCHE BANK AG | $12.4M | 11.04% |
| BARCLAYS PLC | $10.5M | 9.41% |
| CITIGROUP INC | $10.4M | 9.23% |
| GOLDMAN SACHS GROUP INC (THE) | $9.7M | 8.68% |
| JPMORGAN CHASE and CO | $8.6M | 7.70% |
| ROYAL BANK OF CANADA | $7.5M | 6.72% |
| HSBC HOLDINGS PLC | $6.9M | 6.19% |
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.