FEKFX Fees and Costs — Fidelity Equity-Income K6 Fund
Data updated: 2026-09-23
The net expense ratio is 0.34%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $30K in broker commissions, 0.0101% of average net assets, and portfolio turnover was 14%.
FEKFX Fees and Expenses
Annual operating expenses and sales charges of FEKFX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.34% |
| Fee waiver | — |
| Net expense ratio | 0.34% |
| 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 |
FEKFX Costs Over Time
On $10,000 invested in FEKFX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.34%) | $36 | $112 | $196 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
FEKFX 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): 0.0101%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $2.2M
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $5K (0.002% of average net assets)
FEKFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $4K | 16.90% |
| GOLDMAN SACHS GROUP INC (THE) | $4K | 15.44% |
| MORGAN STANLEY | $4K | 14.60% |
| JPMORGAN CHASE and CO | $3K | 11.36% |
| UBS GROUP AG | $2K | 9.97% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 7.27% |
| BNP PARIBAS | $2K | 6.82% |
| CITIGROUP INC | $2K | 6.73% |
| VIRTU FINANCIAL INC | $1K | 5.68% |
| THE TORONTO DOMINION BANK | $1K | 5.22% |
FEKFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $2.2M | 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.