FDVKX Fees and Costs — Fidelity Value Discovery K6 Fund
Data updated: 2026-10-13
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $45K in broker commissions, 0.0305% of average net assets, and portfolio turnover was 77%.
FDVKX Fees and Expenses
Annual operating expenses and sales charges of FDVKX. Prospectus, as of September 29, 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 | — |
FDVKX Costs Over Time
On $10,000 invested in FDVKX, assuming 5% a year before costs, total costs come to $304 over 5 years, cutting the return by 0.50% 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) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $166 | $304 |
| Value after costs | $10,450 | $11,410 | $12,459 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
FDVKX 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): 0.0305%
- Total broker commissions: $45K
- Bought from dealers (principal trades, not a cost): $128K
- Portfolio turnover (prospectus): 77%
FDVKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $6K | 17.37% |
| JPMORGAN CHASE and CO | $6K | 17.21% |
| GOLDMAN SACHS GROUP INC (THE) | $6K | 16.21% |
| MORGAN STANLEY | $4K | 10.17% |
| BARCLAYS PLC | $3K | 8.48% |
| UBS GROUP AG | $3K | 8.20% |
| CITIGROUP INC | $2K | 6.03% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 5.83% |
| ROYAL BANK OF CANADA | $2K | 5.76% |
| VIRTU FINANCIAL INC | $2K | 4.72% |
FDVKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $72K | 56.37% |
| JEFFERIES FINANCIAL GROUP INC | $36K | 27.99% |
| JPMORGAN CHASE and CO | $14K | 11.26% |
| CITIGROUP INC | $6K | 4.38% |
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.