# Fidelity Advisor Large Cap Fund Class A (FALAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/falax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Passive Index · Inception: 1996-02-29 The investment seeks long-term growth of capital. The fund normally invests primarily in common stocks. It normally invests at least 80% of its assets in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000 ® Index or the S&P 500 ® Index). The fund invests in domestic and foreign issuers. It invests in either growth stocks or value stocks or both. ## Key Facts | Metric | Value | |---|---| | Price | $53.66 | | Expense Ratio | 1.08% | | Assets Under Management | $2.07B | | NAV | $53.66 | | Holdings Count | — | | Distribution Yield (TTM) | 6.03% | | Annual Distribution (TTM) | $3.24 /share | | Distribution Frequency | Annual | | 52-Week Range | $41.14 – $59.35 | | Beta | 0.94 | ## Latest Distribution - Amount: $3.2360 /share - Ex-date: 2025-11-18 - Pay date: 2025-11-19 ## Frequently Asked Questions ### What does FALAX invest in? The investment seeks long-term growth of capital. The fund normally invests primarily in common stocks. It normally invests at least 80% of its assets in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000 ® Index or the S&P 500 ® Index). The fund invests in domestic and foreign issuers. It invests in either growth stocks or value stocks or both. ### What is the expense ratio of FALAX? Fidelity Advisor Large Cap Fund Class A (FALAX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FALAX? Fidelity Advisor Large Cap Fund Class A (FALAX) manages $2.07B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FALAX actively managed or an index fund? FALAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FALAX's is 1.08%) because there's no security selection cost. ### When was FALAX launched? Fidelity Advisor Large Cap Fund Class A (FALAX) launched in February 1996 and is managed by Fidelity. ### How has FALAX performed? FALAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FALAX pay a dividend? Fidelity Advisor Large Cap Fund Class A (FALAX) currently distributes little or no income. Trailing-twelve-month yield is 6.03%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FALAX pay dividends? Fidelity Advisor Large Cap Fund Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FALAX's dividend yield? FALAX's trailing-twelve-month yield is 6.03%, calculated from the sum of dividends over the past year divided by the current price. ### When is FALAX's next ex-dividend date? The most recently announced ex-dividend date for FALAX was 2025-11-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FALAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.08% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FALAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FALAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FALAX cost more than a fund like VOO? FALAX is a passive index fund (current expense ratio 1.08%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to FALAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FALAX (1.08%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/falax - Distribution history: https://www.dividenddata.com/funds/falax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/falax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/falax/expenses - Peer comparison: https://www.dividenddata.com/funds/falax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.