FDTEX Fees and Costs — Fidelity Advisor Diversified Stock Fund, Class M
Data updated: 2026-08-24
The net expense ratio is 1.08%: a 0.57% management fee, a 0.50% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2024 the fund paid $664K in broker commissions, 0.0210% of average net assets, and portfolio turnover was 85%.
FDTEX Fees and Expenses
Annual operating expenses and sales charges of FDTEX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| 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 |
FDTEX Costs Over Time
On $10,000 invested in FDTEX, assuming 5% a year before costs, total costs come to $1,110 over 5 years, cutting the return by 1.89% 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 | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.08%) | $109 | $341 | $591 |
| Trading costs (broker commissions) | $2 | $7 | $11 |
| Lost growth on money paid in costs | $18 | $72 | $158 |
| Total costs | $479 | $770 | $1,110 |
| Value after costs | $10,021 | $10,806 | $11,653 |
| Impact on return, per year | 4.79% | 2.38% | 1.89% |
FDTEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0210%
- Total broker commissions: $664K
- Bought from dealers (principal trades, not a cost): $13.0M
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $8.3M
- Net income from securities lending: $9K (0.000% of average net assets)
FDTEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $77K | 14.59% |
| BANK OF AMERICA CORPORATION | $73K | 13.90% |
| MORGAN STANLEY | $72K | 13.73% |
| UBS GROUP AG | $71K | 13.48% |
| JPMORGAN CHASE and CO | $59K | 11.26% |
| JEFFERIES FINANCIAL GROUP INC | $42K | 7.94% |
| BARCLAYS PLC | $37K | 6.99% |
| VIRTU FINANCIAL INC | $35K | 6.57% |
| CITIGROUP INC | $34K | 6.50% |
| NOMURA HOLDINGS INC | $27K | 5.04% |
FDTEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $4.0M | 31.07% |
| GOLDMAN SACHS GROUP INC (THE) | $3.2M | 24.31% |
| THE TORONTO DOMINION BANK | $2.2M | 16.59% |
| BARCLAYS PLC | $2.1M | 15.79% |
| BANK OF AMERICA CORPORATION | $842K | 6.49% |
| MORGAN STANLEY | $508K | 3.91% |
| UBS GROUP AG | $149K | 1.15% |
| JEFFERIES FINANCIAL GROUP INC | $90K | 0.69% |
Fidelity Advisor Diversified Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FDESX | Class O | 0.41% | — |
| FZACX | Class Z | 0.44% | none |
| FDTIX | Class I | 0.56% | none |
| FDTOX | Class A | 0.76% | 5.75% |
| FDTEX | Class M | 1.08% | 3.50% |
| FDTCX | Class C | 1.60% | 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.