FSCZX Fees and Costs — Fidelity Stock Selector Large Cap Value Fund, Class Z
Data updated: 2026-09-23
The net expense ratio is 0.71%: a 0.67% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $174K in broker commissions, 0.0245% of average net assets, and portfolio turnover was 94%.
FSCZX Fees and Expenses
Annual operating expenses and sales charges of FSCZX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.71% |
| Fee waiver | — |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FSCZX Costs Over Time
On $10,000 invested in FSCZX, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% 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 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $462 |
| Value after costs | $10,423 | $11,323 | $12,301 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
FSCZX 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): 0.0245%
- Total broker commissions: $174K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 94%
- Securities on loan, average value: $3.5M
- Net income from securities lending: $4K (0.001% of average net assets)
FSCZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $22K | 16.12% |
| BANK OF AMERICA CORPORATION | $21K | 15.40% |
| MORGAN STANLEY | $18K | 12.91% |
| JPMORGAN CHASE and CO | $17K | 12.21% |
| UBS GROUP AG | $12K | 8.85% |
| CITIGROUP INC | $12K | 8.63% |
| BARCLAYS PLC | $10K | 7.51% |
| JEFFERIES FINANCIAL GROUP INC | $10K | 6.98% |
| ROYAL BANK OF CANADA | $9K | 6.71% |
| VIRTU FINANCIAL INC | $6K | 4.68% |
FSCZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $1.5M | 54.40% |
| GOLDMAN SACHS GROUP INC (THE) | $476K | 17.12% |
| MORGAN STANLEY | $399K | 14.35% |
| JPMORGAN CHASE and CO | $393K | 14.14% |
Fidelity Stock Selector Large 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 |
|---|---|---|---|
| FSCZX | Class Z | 0.71% | none |
| FLUIX | Class I | 0.81% | none |
| FSLVX | Fidelity Stock Selector Large Cap Value Fund | 0.81% | — |
| FLUAX | Class A | 1.11% | 5.75% |
| FLUTX | Class M | 1.36% | 3.50% |
| FLUEX | Class C | 1.86% | 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.