FDMLX Fees and Costs — Fidelity Series Intrinsic Opportunities Fund
Data updated: 2026-10-13
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $583K in broker commissions, 0.0203% of average net assets, and portfolio turnover was 26%.
FDMLX Fees and Expenses
Annual operating expenses and sales charges of FDMLX. Prospectus, as of September 29, 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 | — |
FDMLX Costs Over Time
On $10,000 invested in FDMLX, assuming 5% a year before costs, total costs come to $13 over 5 years, cutting the return by 0.02% 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) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $13 |
| Value after costs | $10,498 | $11,569 | $12,750 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
FDMLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0203%
- Total broker commissions: $583K
- Bought from dealers (principal trades, not a cost): $558K
- Portfolio turnover (prospectus): 26%
FDMLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $78K | 18.86% |
| BANK OF AMERICA CORPORATION | $58K | 14.07% |
| UBS GROUP AG | $56K | 13.56% |
| JPMORGAN CHASE and CO | $53K | 12.70% |
| BARCLAYS PLC | $50K | 12.04% |
| MORGAN STANLEY | $37K | 9.03% |
| CITIGROUP INC | $23K | 5.62% |
| JEFFERIES FINANCIAL GROUP INC | $23K | 5.43% |
| ROYAL BANK OF CANADA | $20K | 4.76% |
| THE TORONTO DOMINION BANK | $16K | 3.93% |
FDMLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $558K | 100.00% |
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.