FSSFX Fees and Costs — Fidelity Advisor Series Small Cap Fund
Data updated: 2025-04-25
The net expense ratio is 0.01%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $104K in broker commissions, 0.0245% of average net assets, and portfolio turnover was 44%.
FSSFX Fees and Expenses
Annual operating expenses and sales charges of FSSFX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.01% |
| Fee waiver | — |
| Net expense ratio | 0.01% |
| 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 |
FSSFX Costs Over Time
On $10,000 invested in FSSFX, assuming 5% a year before costs, total costs come to $22 over 5 years, cutting the return by 0.04% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $12 | $22 |
| Value after costs | $10,496 | $11,564 | $12,741 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
FSSFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0245%
- Total broker commissions: $104K
- Bought from dealers (principal trades, not a cost): $13.4M
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $12.8M
- Net income from securities lending: $10K (0.002% of average net assets)
FSSFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $11K | 15.74% |
| MORGAN STANLEY | $10K | 14.50% |
| JPMORGAN CHASE and CO | $8K | 11.61% |
| BANK OF AMERICA CORPORATION | $8K | 10.82% |
| BARCLAYS PLC | $7K | 10.09% |
| JEFFERIES FINANCIAL GROUP INC | $6K | 8.16% |
| VIRTU FINANCIAL INC | $6K | 8.02% |
| UBS GROUP AG | $6K | 7.70% |
| CITIGROUP INC | $5K | 7.59% |
| ROYAL BANK OF CANADA | $4K | 5.76% |
FSSFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $4.4M | 33.14% |
| WELLS FARGO and CO | $4.3M | 32.14% |
| CITIGROUP INC | $1.2M | 8.87% |
| GOLDMAN SACHS GROUP INC (THE) | $937K | 7.00% |
| JEFFERIES FINANCIAL GROUP INC | $615K | 4.59% |
| LEERINK PARTNERS LLC | $420K | 3.14% |
| THE TORONTO DOMINION BANK | $406K | 3.03% |
| ROYAL BANK OF CANADA | $391K | 2.92% |
| MORGAN STANLEY | $351K | 2.62% |
| CORMARK SECURITIES, INC. | $341K | 2.55% |
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.