FITIX Fees and Costs — Fidelity Advisor Mid Cap II Fund, Class M
Data updated: 2026-08-24
The net expense ratio is 1.21%: a 0.69% management fee, a 0.50% 12b-1 fee plus 0.02% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $547K in broker commissions, 0.0360% of average net assets, and portfolio turnover was 62%.
FITIX Fees and Expenses
Annual operating expenses and sales charges of FITIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.21% |
| Fee waiver | — |
| Net expense ratio | 1.21% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FITIX Costs Over Time
On $10,000 invested in FITIX, assuming 5% a year before costs, total costs come to $1,195 over 5 years, cutting the return by 2.04% 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 | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.21%) | $123 | $382 | $660 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $17 | $75 | $165 |
| Total costs | $494 | $818 | $1,195 |
| Value after costs | $10,006 | $10,759 | $11,568 |
| Impact on return, per year | 4.94% | 2.53% | 2.04% |
FITIX 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): 0.0360%
- Total broker commissions: $547K
- Bought from dealers (principal trades, not a cost): $9.0M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $37.0M
- Net income from securities lending: $58K (0.004% of average net assets)
FITIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $69K | 16.81% |
| BANK OF AMERICA CORPORATION | $56K | 13.47% |
| JPMORGAN CHASE and CO | $50K | 12.11% |
| MORGAN STANLEY | $49K | 11.77% |
| UBS GROUP AG | $40K | 9.79% |
| BARCLAYS PLC | $40K | 9.66% |
| CITIGROUP INC | $32K | 7.79% |
| JEFFERIES FINANCIAL GROUP INC | $29K | 6.93% |
| ROYAL BANK OF CANADA | $27K | 6.42% |
| WELLS FARGO and CO | $22K | 5.26% |
FITIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $4.0M | 44.30% |
| JPMORGAN CHASE and CO | $3.2M | 34.95% |
| CITIGROUP INC | $1.9M | 20.75% |
Fidelity Advisor Mid Cap II Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FZAMX | Class Z | 0.58% | none |
| FIIMX | Class I | 0.70% | none |
| FIIAX | Class A | 0.96% | 5.75% |
| FITIX | Class M | 1.21% | 3.50% |
| FIICX | Class C | 1.71% | 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.