FCMVX Fees and Costs — Fidelity Mid Cap Value K6 Fund
Data updated: 2026-09-23
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $41K in broker commissions, 0.0575% of average net assets, and portfolio turnover was 97%.
FCMVX Fees and Expenses
Annual operating expenses and sales charges of FCMVX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
FCMVX Costs Over Time
On $10,000 invested in FCMVX, assuming 5% a year before costs, total costs come to $321 over 5 years, cutting the return by 0.53% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $175 | $321 |
| Value after costs | $10,447 | $11,401 | $12,442 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
FCMVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0575%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $334K
- Portfolio turnover (prospectus): 97%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $14K (0.020% of average net assets)
FCMVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $5K | 17.85% |
| BANK OF AMERICA CORPORATION | $5K | 17.51% |
| MORGAN STANLEY | $3K | 11.24% |
| UBS GROUP AG | $3K | 9.99% |
| ROYAL BANK OF CANADA | $3K | 9.10% |
| BARCLAYS PLC | $3K | 8.92% |
| JPMORGAN CHASE and CO | $3K | 8.30% |
| CITIGROUP INC | $2K | 6.05% |
| VIRTU FINANCIAL INC | $2K | 5.78% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 5.26% |
FCMVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $143K | 42.73% |
| JPMORGAN CHASE and CO | $111K | 33.30% |
| BANK OF AMERICA CORPORATION | $48K | 14.26% |
| ROYAL BANK OF CANADA | $32K | 9.72% |
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.