FMILX Fees and Costs — Fidelity New Millennium Fund
Data updated: 2026-07-24
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $534K in broker commissions, 0.0106% of average net assets, and portfolio turnover was 30%.
FMILX Fees and Expenses
Annual operating expenses and sales charges of FMILX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 |
FMILX Costs Over Time
On $10,000 invested in FMILX, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
FMILX 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): 0.0106%
- Total broker commissions: $534K
- Bought from dealers (principal trades, not a cost): $12.3M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $14.6M
- Net income from securities lending: $39K (0.001% of average net assets)
FMILX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $94K | 22.58% |
| GOLDMAN SACHS GROUP INC (THE) | $72K | 17.36% |
| BANK OF AMERICA CORPORATION | $59K | 14.08% |
| MORGAN STANLEY | $46K | 11.14% |
| CITIGROUP INC | $33K | 7.95% |
| BARCLAYS PLC | $31K | 7.33% |
| ROYAL BANK OF CANADA | $25K | 5.91% |
| JEFFERIES FINANCIAL GROUP INC | $22K | 5.25% |
| BNP PARIBAS | $18K | 4.32% |
| UBS GROUP AG | $17K | 4.08% |
FMILX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $9.6M | 78.23% |
| JEFFERIES FINANCIAL GROUP INC | $1.4M | 11.23% |
| MORGAN STANLEY | $1.1M | 8.72% |
| BANK OF AMERICA CORPORATION | $225K | 1.82% |
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.