The Fidelity Select IT Services Portfolio (FBSOX) is an actively managed fund specializing in the information technology services subsector of tech. This includes software providers, consultants, cyber-security firms as well as others. The fund managers use various growth factors when choosing stocks for the fund’s underlying portfolio. FBSOX primarily holds large-cap U.S. stocks.
Despite its low costs, FBSOX should only be used as a side bet in a diversified portfolio due to its niche holdings. The fund is internally managed by Fidelity.
| Period | FBSOX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | -1.3% | -19.3% | 18.0% | 85.37% | 5 |
| 1 Yr | 1.3% | -24.4% | 20.9% | 71.52% | 4 |
| 3 Yr | 14.4% * | 4.2% | 21.9% | 37.50% | 2 |
| 5 Yr | 16.9% * | 0.3% | 17.7% | 1.32% | 1 |
| 10 Yr | 14.1% * | 3.2% | 14.5% | 1.32% | 1 |
* Annualized
| Period | FBSOX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2015 | 13.4% | -17.6% | 13.4% | 0.67% | 1 |
| 2014 | N/A | N/A | N/A | N/A | N/A |
| 2013 | N/A | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A | N/A |
| 2011 | N/A | N/A | N/A | N/A | N/A |
| Period | FBSOX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | -1.3% | -19.3% | 18.0% | 85.80% | 5 |
| 1 Yr | 1.3% | -24.4% | 20.9% | 64.24% | 4 |
| 3 Yr | 14.4% * | 3.2% | 21.9% | 35.53% | 2 |
| 5 Yr | 16.9% * | -0.1% | 17.7% | 1.32% | 1 |
| 10 Yr | 14.1% * | 3.2% | 14.5% | 1.32% | 1 |
* Annualized
| Period | FBSOX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2015 | 13.4% | -17.6% | 13.4% | 0.67% | 1 |
| 2014 | N/A | N/A | N/A | N/A | N/A |
| 2013 | N/A | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A | N/A |
| 2011 | N/A | N/A | N/A | N/A | N/A |
| FBSOX | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Assets | 1.87 B | 250 K | 9.56 B | 4.85% | 1 |
| Number of Holdings | 69 | 23 | 383 | 12.12% | 3 |
| Net Assets in Top 10 | 1.2 B | 373 K | 4.68 B | 4.85% | 1 |
| Weighting of Top 10 | 61.3% | 20.8% | 73.7% | 5.45% | 1 |
| Weighting | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| Stocks | 99.79% | 58.64% | 100.00% | 2.42% | 1 |
| Cash | 0.21% | 0.00% | 41.36% | 28.48% | 5 |
| Other | 0.00% | -0.70% | 8.71% | 11.52% | 5 |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 0.61% | 4 |
| Preferred Stocks | 0.00% | 0.00% | 4.02% | 4.85% | 5 |
| Bonds | 0.00% | 0.00% | 1.04% | 3.03% | 4 |
| Weighting | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| Technology | 35.90% | 4.08% | 98.74% | 33.94% | 5 |
| Industrials | 32.83% | 0.00% | 32.83% | 0.61% | 1 |
| Financial Services | 29.92% | 0.00% | 29.92% | 0.61% | 1 |
| Consumer Cyclical | 1.14% | 0.00% | 46.80% | 28.48% | 5 |
| Utilities | 0.00% | 0.00% | 1.25% | 1.82% | 4 |
| Healthcare | 0.00% | 0.00% | 34.79% | 12.73% | 5 |
| Energy | 0.00% | 0.00% | 2.66% | 1.21% | 4 |
| Communication Services | 0.00% | 0.00% | 93.93% | 21.82% | 5 |
| Consumer Defense | 0.00% | 0.00% | 3.39% | 5.45% | 5 |
| Real Estate | 0.00% | 0.00% | 4.44% | 11.52% | 5 |
| Basic Materials | 0.00% | 0.00% | 2.26% | 3.64% | 4 |
| Weighting | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 96.24% | 2.34% | 99.39% | 3.03% | 1 |
| Non US | 3.55% | 0.00% | 93.15% | 29.09% | 5 |
| FBSOX Fees (% of AUM) | Category Low | Category High | Rank in Category (%) | Quintile | |
|---|---|---|---|---|---|
| Expense Ratio | 0.81% | 0.10% | 48.18% | 61.82% | 1 |
| Management Fee | 0.55% | 0.08% | 1.50% | 13.94% | 1 |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A | N/A |
| FBSOX Fees (% of AUM) | Category Low | Category High | FBSOX Rank | Quintile | |
|---|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A | N/A |
| FBSOX Fees (% of AUM) | Category Low | Category High | FBSOX Rank | Quintile | |
|---|---|---|---|---|---|
| Max Redemption Fee | 0.75% | 0.75% | 2.00% | 4.65% | 2 |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FBSOX Fees (% of AUM) | Category Low | Category High | FBSOX Rank | Quintile | |
|---|---|---|---|---|---|
| Turnover | 24.00% | 3.00% | 769.00% | 24.24% | 1 |
| FBSOX | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| Dividend Yield | N/A | 0.00% | 2.54% | N/A | N/A |
| FBSOX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
| Date | Amount |
|---|---|
| Dec 14, 2007 | $1.360 |
| Apr 13, 2006 | $0.690 |
| Apr 22, 2005 | $0.037 |
| Apr 14, 2000 | $0.820 |
| Dec 03, 1999 | $0.860 |
| Apr 09, 1999 | $0.370 |
| Dec 04, 1998 | $0.150 |
| Apr 09, 1998 | $0.010 |
| FBSOX | Category Low | Category High | FBSOX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Income Ratio | -0.06% | -3.60% | 1.67% | 16.36% | 1 |
| FBSOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Lead Manager
Start Date
Feb 12, 2009Tenure
7.47
Tenure Rank
10.4%
Kyle Weaver is manager of IT Services, which he has managed since February 2009. Prior to joining Fidelity Investments in May 2008 as a research analyst, Mr. Weaver was a research analyst and portfolio manager for RiverSource Investments, LLC, covering the IT Services, Consumer Retail and Telecommunications sectors since 2002.
Manager
Start Date
Oct 16, 2015Tenure
0.79
Tenure Rank
18.9%
Since joining Fidelity Investments in 2008, Mr. Sherwood has worked as a research analyst and a portfolio manager.
Category Low
0.1
Category High
26.6
Category Average
7.12
Category Mode
1.6
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