FMCDX Fees and Costs — Fidelity Advisor Stock Selector Mid Cap Fund, Class A
Data updated: 2026-07-24
The net expense ratio is 0.97%. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $850K in broker commissions, 0.0369% of average net assets, and portfolio turnover was 55%.
FMCDX Fees and Expenses
Annual operating expenses and sales charges of FMCDX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| 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 | No |
| Waived fees subject to recoupment | No |
FMCDX Costs Over Time
On $10,000 invested in FMCDX, assuming 5% a year before costs, total costs come to $1,327 over 5 years, cutting the return by 2.28% 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 0.97%) | $96 | $299 | $519 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $29 | $106 | $213 |
| Total costs | $703 | $992 | $1,327 |
| Value after costs | $9,797 | $10,584 | $11,435 |
| Impact on return, per year | 7.03% | 3.09% | 2.28% |
FMCDX 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): 0.0369%
- Total broker commissions: $850K
- Bought from dealers (principal trades, not a cost): $29.1M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $41.4M
- Net income from securities lending: $38K (0.002% of average net assets)
FMCDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $160K | 23.69% |
| GOLDMAN SACHS GROUP INC (THE) | $110K | 16.24% |
| MORGAN STANLEY | $93K | 13.76% |
| BANK OF AMERICA CORPORATION | $83K | 12.26% |
| CITIGROUP INC | $62K | 9.13% |
| UBS GROUP AG | $54K | 8.06% |
| BARCLAYS PLC | $32K | 4.71% |
| VIRTU FINANCIAL INC | $30K | 4.50% |
| JEFFERIES FINANCIAL GROUP INC | $30K | 4.43% |
| WELLS FARGO and CO | $22K | 3.23% |
FMCDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $13.8M | 47.51% |
| NOMURA HOLDINGS INC | $8.0M | 27.45% |
| BANK OF MONTREAL QUE | $2.5M | 8.63% |
| JPMORGAN CHASE and CO | $1.9M | 6.44% |
| MORGAN STANLEY | $1.2M | 4.16% |
| JEFFERIES FINANCIAL GROUP INC | $1.2M | 4.01% |
| BANK OF AMERICA CORPORATION | $330K | 1.13% |
| WELLS FARGO and CO | $109K | 0.37% |
| PIPER SANDLER COS | $85K | 0.29% |
Fidelity Advisor Stock Selector Mid Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FSLZX | Class Z | 0.60% | none |
| FSSMX | Fidelity Stock Selector Mid Cap Fund | 0.67% | — |
| FMCCX | Class I | 0.72% | none |
| FMCDX | Class A | 0.97% | 5.75% |
| FMCAX | Class M | 1.22% | 3.50% |
| FMCEX | Class C | 1.72% | 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.