FNCMX Fees and Costs — Fidelity Nasdaq Composite Index Fund
Data updated: 2026-07-24
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $98K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 4%.
FNCMX Fees and Expenses
Annual operating expenses and sales charges of FNCMX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FNCMX Costs Over Time
On $10,000 invested in FNCMX, assuming 5% a year before costs, total costs come to $184 over 5 years, cutting the return by 0.31% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $101 | $184 |
| Value after costs | $10,469 | $11,476 | $12,579 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
FNCMX 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): 0.0005%
- Total broker commissions: $98K
- Bought from dealers (principal trades, not a cost): $11.8M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $550.3M
- Net income from securities lending: $37.1M (0.188% of average net assets)
FNCMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $25K | 25.65% |
| GOLDMAN SACHS GROUP INC (THE) | $18K | 18.57% |
| JEFFERIES FINANCIAL GROUP INC | $16K | 16.43% |
| BANK OF AMERICA CORPORATION | $14K | 14.75% |
| JPMORGAN CHASE and CO | $12K | 12.52% |
| CITIGROUP INC | $4K | 4.58% |
| MORGAN STANLEY | $4K | 3.79% |
| BARCLAYS PLC | $1K | 1.27% |
| UBS GROUP AG | $1K | 1.24% |
| TP ICAP GROUP PLC | $1K | 1.21% |
FNCMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $6.4M | 53.96% |
| CITIGROUP INC | $5.5M | 46.04% |
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.