FMPTX Fees and Costs — Fidelity Mid Cap Value Fund, Class M
Data updated: 2026-09-23
The net expense ratio is 1.38%: a 0.87% management fee, a 0.50% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2026 the fund paid $886K in broker commissions, 0.0504% of average net assets, and portfolio turnover was 84%.
FMPTX Fees and Expenses
Annual operating expenses and sales charges of FMPTX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.38% |
| Fee waiver | — |
| Net expense ratio | 1.38% |
| 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 |
FMPTX Costs Over Time
On $10,000 invested in FMPTX, assuming 5% a year before costs, total costs come to $1,303 over 5 years, cutting the return by 2.24% 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 1.38%) | $140 | $434 | $750 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $17 | $78 | $176 |
| Total costs | $512 | $878 | $1,303 |
| Value after costs | $9,988 | $10,699 | $11,460 |
| Impact on return, per year | 5.12% | 2.72% | 2.24% |
FMPTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0504%
- Total broker commissions: $886K
- Bought from dealers (principal trades, not a cost): $14.4M
- Portfolio turnover (prospectus): 84%
- Securities on loan, average value: $60.5M
- Net income from securities lending: $460K (0.026% of average net assets)
FMPTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $108K | 16.40% |
| BANK OF AMERICA CORPORATION | $107K | 16.23% |
| ROYAL BANK OF CANADA | $74K | 11.22% |
| MORGAN STANLEY | $70K | 10.63% |
| UBS GROUP AG | $62K | 9.40% |
| JPMORGAN CHASE and CO | $62K | 9.35% |
| CITIGROUP INC | $51K | 7.69% |
| BARCLAYS PLC | $49K | 7.41% |
| JEFFERIES FINANCIAL GROUP INC | $41K | 6.29% |
| VIRTU FINANCIAL INC | $35K | 5.38% |
FMPTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $9.4M | 64.98% |
| JPMORGAN CHASE and CO | $3.0M | 20.92% |
| BANK OF AMERICA CORPORATION | $1.4M | 9.61% |
| ROYAL BANK OF CANADA | $648K | 4.49% |
Fidelity Mid Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIDFX | Class Z | 0.76% | none |
| FSMVX | Fidelity Mid Cap Value Fund | 0.84% | — |
| FMPOX | Class I | 0.89% | none |
| FMPAX | Class A | 1.13% | 5.75% |
| FMPTX | Class M | 1.38% | 3.50% |
| FMPEX | Class C | 1.89% | 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.