FFHCX Fees and Costs — Fidelity Series Floating Rate High Income Fund
Data updated: 2026-08-24
The net expense ratio is 0.00% (0.03% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $30 in broker commissions, and portfolio turnover was 53%.
FFHCX Fees and Expenses
Annual operating expenses and sales charges of FFHCX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.03% |
| Fee waiver | −0.03% |
| 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 |
FFHCX Costs Over Time
On $10,000 invested in FFHCX, assuming 5% a year before costs, total costs come to $0 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 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
FFHCX 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): —
- Total broker commissions: $30
- Bought from dealers (principal trades, not a cost): $102.1M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $504K
- Net income from securities lending: $926 (0.000% of average net assets)
FFHCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $18 | 60.89% |
| JEFFERIES FINANCIAL GROUP INC | $4 | 13.08% |
| MORGAN STANLEY | $2 | 8.22% |
| JPMORGAN CHASE and CO | $1 | 4.11% |
| VIRTU FINANCIAL INC | $1 | 4.11% |
| LIQUIDNET HOLDINGS INC | $1 | 3.94% |
| ROYAL BANK OF CANADA | $1 | 3.42% |
| RAYMOND JAMES FINANCIAL INC. | $1 | 2.23% |
FFHCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $17.8M | 19.05% |
| MORGAN STANLEY | $16.7M | 17.90% |
| GOLDMAN SACHS GROUP INC (THE) | $12.6M | 13.55% |
| BANK OF AMERICA CORPORATION | $10.4M | 11.16% |
| BARCLAYS PLC | $7.8M | 8.32% |
| JEFFERIES FINANCIAL GROUP INC | $7.4M | 7.99% |
| UBS GROUP AG | $6.9M | 7.40% |
| ROYAL BANK OF CANADA | $6.0M | 6.39% |
| CITIGROUP INC | $4.4M | 4.76% |
| WELLS FARGO and CO | $3.2M | 3.48% |
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.