FULVX Fees and Costs — Fidelity U.S. Low Volatility Equity Fund
Data updated: 2026-07-10
The net expense ratio is 0.70%: a 0.57% management fee plus 0.25% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0172% of average net assets, and portfolio turnover was 84%.
FULVX Fees and Expenses
Annual operating expenses and sales charges of FULVX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.70% |
| 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 |
FULVX Costs Over Time
On $10,000 invested in FULVX, assuming 5% a year before costs, total costs come to $451 over 5 years, cutting the return by 0.75% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $451 |
| Value after costs | $10,425 | $11,329 | $12,312 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
FULVX 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): 0.0172%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 84%
- Securities on loan, average value: $0
- Net income from securities lending: $287 (0.001% of average net assets)
FULVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $911 | 20.04% |
| MORGAN STANLEY | $803 | 17.66% |
| BANK OF AMERICA CORPORATION | $786 | 17.29% |
| JEFFERIES FINANCIAL GROUP INC | $436 | 9.60% |
| JPMORGAN CHASE and CO | $402 | 8.84% |
| VIRTU FINANCIAL INC | $336 | 7.40% |
| UBS GROUP AG | $264 | 5.81% |
| BARCLAYS PLC | $250 | 5.50% |
| CITIGROUP INC | $201 | 4.43% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $156 | 3.44% |
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.