FEDCX Fees and Costs — Fidelity Series Emerging Markets Debt Fund
Data updated: 2026-08-24
The net expense ratio is 0.00% (0.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 18%.
FEDCX Fees and Expenses
Annual operating expenses and sales charges of FEDCX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.01% |
| Fee waiver | −0.01% |
| 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 |
FEDCX Costs Over Time
On $10,000 invested in FEDCX, 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% |
FEDCX 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): 0.0012%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $574.1M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
FEDCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $14K | 82.20% |
| GOLDMAN SACHS GROUP INC (THE) | $2K | 10.40% |
| BANK OF AMERICA CORPORATION | $1K | 7.40% |
FEDCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $84.7M | 16.48% |
| CITIGROUP INC | $80.9M | 15.74% |
| HSBC HOLDINGS PLC | $79.9M | 15.55% |
| BARCLAYS PLC | $55.7M | 10.83% |
| JEFFERIES FINANCIAL GROUP INC | $43.4M | 8.44% |
| GOLDMAN SACHS GROUP INC (THE) | $43.1M | 8.38% |
| DEUTSCHE BANK AG | $36.1M | 7.02% |
| MORGAN STANLEY | $35.1M | 6.83% |
| BANK OF AMERICA CORPORATION | $28.3M | 5.50% |
| BANCO SANTANDER SA | $27.0M | 5.24% |
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.