FLAPX Fees and Costs — Fidelity Flex Mid Cap Index Fund
Data updated: 2026-09-23
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $35K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 89%.
FLAPX Fees and Expenses
Annual operating expenses and sales charges of FLAPX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| 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 | No |
| Waived fees subject to recoupment | No |
FLAPX Costs Over Time
On $10,000 invested in FLAPX, assuming 5% a year before costs, total costs come to $4 over 5 years, cutting the return by 0.01% 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) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $1 | $2 | $4 |
| Value after costs | $10,499 | $11,574 | $12,759 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
FLAPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0065%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $441K
- Portfolio turnover (prospectus): 89%
- Securities on loan, average value: $5.2M
- Net income from securities lending: $112K (0.020% of average net assets)
FLAPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE GROUP LTD | $15K | 43.82% |
| GOLDMAN SACHS GROUP INC (THE) | $11K | 30.27% |
| MIZUHO FINANCIAL GROUP INC | $4K | 12.35% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 4.46% |
| BANK OF AMERICA CORPORATION | $1K | 2.94% |
| JPMORGAN CHASE and CO | $818 | 2.34% |
| NOMURA HOLDINGS INC | $735 | 2.10% |
| UBS GROUP AG | $259 | 0.74% |
| CITIGROUP INC | $188 | 0.54% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $156 | 0.45% |
FLAPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $197K | 44.71% |
| BANK OF MONTREAL QUE | $128K | 29.00% |
| JPMORGAN CHASE and CO | $116K | 26.29% |
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.