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FNARX Fidelity® Select Natural Resources Port

  • Fund
  • FNARX
  • Price as of: Nov 21, 2017
  • $27.92
  • + $0.13
  • + 0.47%
  • Category
  • Natural Resources

FNARX - Profile

Vitals

  • YTD Return -8.7%
  • 3 Yr Annualized Return -6.0%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $922 M
  • Holdings in Top 10 40.2%

52 WEEK LOW AND HIGH

$27.92
$24.51
$31.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 84.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Natural Resources
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return -8.7%
  • 3 Yr Annualized Total Return -6.0%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Natural Resources Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Mar 03, 1997
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager John Dowd

Fund Description

The Fidelity Select Natural Resources Portfolio (FNARX) is a low-cost, actively managed sector fund that focuses on the basic materials sector. This includes exposure to energy producers, chemicals firms, paper products companies, miners, steel producers and other basic materials companies. FNARX’s managers use various screens to uncover economic trends for commodities pricing and find value stocks within those industries. The fund can shift its portfolio as managers see fit.

With its mandate on a single sector, FNARX is suitable as a side play in a broad equity portfolio. The fund is managed by Fidelity.

FNARX - Performance

Return Ranking - Trailing

Period FNARX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -8.7% -35.0% 25.4% 79.46% 5
1 Yr -0.2% -34.4% 52.8% 62.73% 4
3 Yr -6.0% * -16.2% 13.5% 44.71% 3
5 Yr -1.1% * -8.4% 16.4% 38.24% 2
10 Yr -2.0% * -7.2% 12.0% 31.48% 2

* Annualized


Return Ranking - Calendar

Period FNARX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 29.4% -27.2% 53.7% 27.78% 2
2015 -22.3% -38.7% 0.0% 34.48% 2
2014 -17.6% -30.1% 4.1% 48.75% 3
2013 14.4% -5.3% 25.2% 14.08% 1
2012 3.1% -18.9% 25.1% 39.06% 3

Total Return Ranking - Trailing

Period FNARX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -8.7% -35.0% 25.4% 79.46% 5
1 Yr -0.2% -37.5% 52.8% 56.36% 3
3 Yr -6.0% * -16.2% 13.5% 47.06% 3
5 Yr -1.1% * -8.4% 16.4% 38.24% 2
10 Yr -2.0% * -7.3% 12.0% 31.48% 2

* Annualized


Total Return Ranking - Calendar

Period FNARX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 29.8% -27.2% 53.7% 30.00% 2
2015 -21.9% -38.7% 0.0% 33.33% 2
2014 -12.9% -28.9% 6.2% 45.00% 3
2013 19.4% -4.3% 36.1% 9.86% 1
2012 3.8% -19.1% 41.6% 43.75% 3

NAV & Total Return History

FNARX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

FNARX Category Low Category High FNARX % Rank Quintile
Net Assets 922 M 610 K 3.8 B 8.85% 1
Number of Holdings 81 19 231 12.39% 2
Net Assets in Top 10 371 M 434 K 1.4 B 9.73% 1
Weighting of Top 10 40.2% 18.4% 73.2% 15.04% 2

Top 10 Holdings

  1. EOG Resources Inc 7.47%
  2. Diamondback Energy Inc 5.16%
  3. Pioneer Natural Resources Co 4.40%
  4. Chevron Corp 4.01%
  5. Halliburton Co 4.81%
  6. Williams Companies Inc 3.03%
  7. Phillips 66 3.44%
  8. Parsley Energy Inc A 2.69%
  9. Cimarex Energy Co 2.60%
  10. RSP Permian Inc 2.60%

Asset Allocation

Weighting Category Low Category High FNARX % Rank Quintile
Stocks
98.68% 0.00% 106.03% 8.85% 1
Cash
1.32% -1.74% 81.64% 24.78% 4
Preferred Stocks
0.00% 0.00% 10.07% 5.31% 4
Other
0.00% -6.93% 26.79% 23.89% 4
Convertible Bonds
0.00% 0.00% 7.70% 4.42% 4
Bonds
0.00% 0.00% 18.35% 6.19% 4

Stock Sector Breakdown

Weighting Category Low Category High FNARX % Rank Quintile
Energy
83.12% 0.56% 83.72% 2.75% 1
Basic Materials
7.01% 5.26% 95.54% 43.12% 5
Consumer Cyclical
5.82% 0.00% 13.61% 6.42% 1
Industrials
1.13% 0.00% 38.64% 22.02% 3
Utilities
0.55% 0.00% 5.62% 11.93% 2
Technology
0.41% 0.00% 12.53% 5.50% 1
Real Estate
0.00% 0.00% 42.13% 6.42% 4
Healthcare
0.00% 0.00% 12.17% 6.42% 5
Financial Services
0.00% 0.00% 12.88% 3.67% 4
Communication Services
0.00% 0.00% 0.00% 0.92% 4
Consumer Defense
0.00% 0.00% 23.31% 23.85% 5

Stock Geographic Breakdown

Weighting Category Low Category High FNARX % Rank Quintile
US
85.91% 0.00% 99.54% 5.31% 1
Non US
12.77% 0.00% 74.95% 37.17% 5

FNARX - Expenses

Operational Fees

FNARX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.84% 0.10% 21.93% 77.88% 1
Management Fee 0.55% 0.08% 1.35% 18.58% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.45% N/A N/A

Sales Fees

FNARX Fees (% of AUM) Category Low Category High FNARX Rank Quintile
Front Load N/A 0.30% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FNARX Fees (% of AUM) Category Low Category High FNARX Rank Quintile
Max Redemption Fee 0.75% 0.05% 2.00% 10.00% 1

Turnover Related Fees

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.

FNARX Fees (% of AUM) Category Low Category High FNARX Rank Quintile
Turnover 84.00% 0.00% 365.00% 10.00% 4

FNARX - Distributions

Dividend Yield Analysis

FNARX Category Low Category High FNARX % Rank Quintile
Dividend Yield 0.0% 0.01% 5.53% 83.33% 5

Dividend Distribution Analysis

FNARX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FNARX Category Low Category High FNARX % Rank Quintile
Net Income Ratio 0.35% -1.56% 2.53% 45.13% 3

Capital Gain Distribution Analysis

FNARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FNARX - Managers

John Dowd

Lead Manager

Start Date

May 31, 2006

Tenure

11.43

Tenure Rank

3.5%

Since joining Fidelity Investments in 2005, Mr. Dowd has served as an equity research analyst and portfolio manager. Previously, he was a senior research analyst for Sanford C. Bernstein & Co. from 2000 to 2005.


Nathan Strik

Manager

Start Date

Oct 20, 2017

Tenure

0.03

Tenure Rank

30.6%

Nathan Strik is a member of FMR's Multi-Manager Group. He also manages other Fidelity funds. Since joining Fidelity Investments in 2002, Mr. Strik has worked as a research analyst and portfolio manager. Previously, Mr. Strik was a consultant with The Boston Consulting Group from 1998 to 2000. He has received an MBA from Stanford University Graduate School of Business.


Tenure Analysis

Category Low

0.0

Category High

19.6

Category Average

5.26

Category Mode

0.7