FNILX Fees and Costs — Fidelity ZERO Large 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 2025 the fund paid $51K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 3%.
FNILX Fees and Expenses
Annual operating expenses and sales charges of FNILX. Prospectus, as of December 31, 2025.
| 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 |
FNILX Costs Over Time
On $10,000 invested in FNILX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
FNILX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): $7.0M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $23.2M
- Net income from securities lending: $20K (0.000% of average net assets)
FNILX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $16K | 34.13% |
| MORGAN STANLEY | $6K | 11.70% |
| JPMORGAN CHASE and CO | $5K | 11.19% |
| BARCLAYS PLC | $5K | 11.16% |
| NOMURA HOLDINGS INC | $5K | 10.41% |
| GOLDMAN SACHS GROUP INC (THE) | $3K | 6.43% |
| CITIGROUP INC | $2K | 4.58% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 4.08% |
| MIZUHO FINANCIAL GROUP INC | $2K | 3.19% |
| MACQUARIE GROUP LTD | $2K | 3.12% |
FNILX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $4.9M | 69.99% |
| CITIGROUP INC | $2.1M | 30.01% |
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.