FIAOX Fees and Costs — Fidelity Equity Dividend Income Fund, Class A
Data updated: 2026-07-24
The net expense ratio is 0.81%: a 0.56% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.0225% of average net assets, and portfolio turnover was 53%.
FIAOX Fees and Expenses
Annual operating expenses and sales charges of FIAOX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
FIAOX Costs Over Time
On $10,000 invested in FIAOX, assuming 5% a year before costs, total costs come to $1,226 over 5 years, cutting the return by 2.10% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.81%) | $80 | $251 | $435 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $29 | $103 | $204 |
| Total costs | $686 | $936 | $1,226 |
| Value after costs | $9,814 | $10,640 | $11,537 |
| Impact on return, per year | 6.86% | 2.91% | 2.10% |
FIAOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0225%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $8.2M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $168.1M
- Net income from securities lending: $314K (0.005% of average net assets)
FIAOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $206K | 18.77% |
| GOLDMAN SACHS GROUP INC (THE) | $165K | 15.03% |
| UBS GROUP AG | $126K | 11.49% |
| JPMORGAN CHASE and CO | $125K | 11.38% |
| MORGAN STANLEY | $107K | 9.75% |
| BARCLAYS PLC | $92K | 8.35% |
| CITIGROUP INC | $74K | 6.74% |
| VIRTU FINANCIAL INC | $73K | 6.65% |
| JEFFERIES FINANCIAL GROUP INC | $71K | 6.44% |
| ROYAL BANK OF CANADA | $59K | 5.38% |
FIAOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $8.2M | 100.00% |
Fidelity Equity Dividend Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIAWX | Class Z | 0.45% | none |
| FETKX | Class K | 0.46% | — |
| FEQTX | Fidelity Equity Dividend Income Fund | 0.53% | — |
| FIAVX | Class I | 0.56% | none |
| FIAOX | Class A | 0.81% | 5.75% |
| FIAQX | Class M | 1.06% | 3.50% |
| FIAPX | Class C | 1.56% | 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.