# Fidelity Mid Cap Value Fund (FSMVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fsmvx 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: Thematic · Inception: 2001-11-15 This fund habitually allocates at least 80% of its investments to companies exhibiting medium market capitalizations. For the purpose of this fund, these are enterprises whose market values correspond to those included in the Russell Midcap® Index or the S&P MidCap 400® Index. The portfolio is not exclusively limited to this range, allowing for holdings in companies with smaller or larger market capitalizations as well. Furthermore, the fund invests in both U.S. and international entities. ## Key Facts | Metric | Value | |---|---| | Price | $37.51 | | Expense Ratio | 0.84% | | Assets Under Management | $4.20B | | NAV | $37.51 | | Holdings Count | — | | Distribution Yield (TTM) | 6.38% | | Annual Distribution (TTM) | $2.39 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $29.97 – $39.79 | | Beta | 1.14 | ## Latest Distribution - Amount: $0.8950 /share - Ex-date: 2026-03-13 - Pay date: 2026-03-16 ## Frequently Asked Questions ### What does FSMVX invest in? This fund habitually allocates at least 80% of its investments to companies exhibiting medium market capitalizations. For the purpose of this fund, these are enterprises whose market values correspond to those included in the Russell Midcap® Index or the S&P MidCap 400® Index. The portfolio is not exclusively limited to this range, allowing for holdings in companies with smaller or larger market capitalizations as well. Furthermore, the fund invests in both U.S. and international entities. ### What is the expense ratio of FSMVX? Fidelity Mid Cap Value Fund (FSMVX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FSMVX? Fidelity Mid Cap Value Fund (FSMVX) manages $4.20B 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 FSMVX actively managed or an index fund? FSMVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FSMVX launched? Fidelity Mid Cap Value Fund (FSMVX) launched in November 2001 and is managed by Fidelity. ### How has FSMVX performed? FSMVX'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 FSMVX pay a dividend? Fidelity Mid Cap Value Fund (FSMVX) currently distributes little or no income. Trailing-twelve-month yield is 6.38%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSMVX pay dividends? Fidelity Mid Cap Value Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FSMVX's dividend yield? FSMVX's trailing-twelve-month yield is 6.38%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSMVX's next ex-dividend date? The most recently announced ex-dividend date for FSMVX was 2026-03-13. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FSMVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.84% 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 FSMVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSMVX'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 FSMVX cost more than a fund like VOO? FSMVX's strategy (current expense ratio 0.84%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FSMVX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FSMVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSMVX (0.84%) 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/fsmvx - Distribution history: https://www.dividenddata.com/funds/fsmvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fsmvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fsmvx/expenses - Peer comparison: https://www.dividenddata.com/funds/fsmvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.