FSMDX Fees and Costs — Fidelity Mid Cap Index Fund
Data updated: 2026-09-23
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $548K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 12%.
FSMDX Fees and Expenses
Annual operating expenses and sales charges of FSMDX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
FSMDX Costs Over Time
On $10,000 invested in FSMDX, assuming 5% a year before costs, total costs come to $20 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $3 | $11 | $20 |
| Value after costs | $10,497 | $11,565 | $12,743 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
FSMDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0012%
- Total broker commissions: $548K
- Bought from dealers (principal trades, not a cost): $33.1M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $711.9M
- Net income from securities lending: $7.0M (0.016% of average net assets)
FSMDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $197K | 36.73% |
| NOMURA HOLDINGS INC | $123K | 22.94% |
| JEFFERIES FINANCIAL GROUP INC | $60K | 11.17% |
| JPMORGAN CHASE and CO | $47K | 8.83% |
| BANK OF AMERICA CORPORATION | $35K | 6.56% |
| MACQUARIE GROUP LTD | $22K | 4.12% |
| BARCLAYS PLC | $18K | 3.31% |
| MORGAN STANLEY | $13K | 2.49% |
| CITIGROUP INC | $12K | 2.19% |
| UBS GROUP AG | $9K | 1.64% |
FSMDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $16.4M | 49.64% |
| BANK OF MONTREAL QUE | $9.4M | 28.30% |
| JPMORGAN CHASE and CO | $7.3M | 22.07% |
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.