Software and IT Services Portfolio
Fund
FSCSX
Price as of:
$26.87
+ $0.05
+ 0.19%
Primary Theme
fund company
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.0%
1 yr return
29.5%
3 Yr Avg Return
4.8%
5 Yr Avg Return
15.9%
Net Assets
$12.4 B
Holdings in Top 10
57.6%
52 WEEK LOW AND HIGH
$26.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FSCSX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 15.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSoftware and IT Services Portfolio
-
Fund Family NameFidelity Investments
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAli Khan
Fund Description
Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services. Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
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FSCSX - Performance
Return Ranking - Trailing
| Period | FSCSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -20.5% | 23.3% | 84.51% |
| 1 Yr | 29.5% | -23.2% | 68.9% | 69.03% |
| 3 Yr | 4.8%* | -34.7% | 24.5% | 45.05% |
| 5 Yr | 15.9%* | -11.3% | 31.1% | 43.22% |
| 10 Yr | 17.3%* | 0.0% | 26.8% | 47.33% |
* Annualized
Return Ranking - Calendar
| Period | FSCSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.7% | -5.6% | 96.9% | 57.33% |
| 2022 | -34.4% | -73.9% | -16.4% | 23.87% |
| 2021 | 10.6% | -44.6% | 51.5% | 39.82% |
| 2020 | 36.8% | 5.5% | 154.1% | 63.77% |
| 2019 | 21.7% | -3.0% | 63.7% | 81.22% |
Total Return Ranking - Trailing
| Period | FSCSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -20.5% | 23.3% | 84.51% |
| 1 Yr | 29.5% | -23.2% | 68.9% | 69.03% |
| 3 Yr | 4.8%* | -34.7% | 24.5% | 45.05% |
| 5 Yr | 15.9%* | -11.3% | 31.1% | 43.22% |
| 10 Yr | 17.3%* | 0.0% | 26.8% | 47.33% |
* Annualized
Total Return Ranking - Calendar
| Period | FSCSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 51.6% | -2.3% | 96.9% | 48.44% |
| 2022 | -29.1% | -67.5% | -5.9% | 11.26% |
| 2021 | 18.1% | -17.8% | 59.2% | 40.27% |
| 2020 | 45.4% | 17.5% | 157.5% | 70.53% |
| 2019 | 38.9% | 7.5% | 66.9% | 51.78% |
NAV & Total Return History
FSCSX - Holdings
Concentration Analysis
| FSCSX | Category Low | Category High | FSCSX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.4 B | 4.67 M | 81.2 B | 3.96% |
| Number of Holdings | 61 | 10 | 319 | 48.02% |
| Net Assets in Top 10 | 6.49 B | 1.42 M | 40.5 B | 3.52% |
| Weighting of Top 10 | 57.58% | 11.5% | 100.0% | 21.59% |
Top 10 Holdings
- MICROSOFT CORP 24.37%
- ADOBE INC 7.88%
- SALESFORCE INC 6.54%
- Fidelity Cash Central Fund 3.53%
- WORKDAY INC CL A 2.94%
- ALPHABET INC CL A 2.77%
- PALO ALTO NETWORKS INC 2.76%
- ORACLE CORP 2.41%
- AUTODESK INC 2.38%
- SNOWFLAKE INC CL A 1.98%
Asset Allocation
| Weighting | Return Low | Return High | FSCSX % Rank | |
|---|---|---|---|---|
| Stocks | 96.01% | 0.00% | 103.06% | 88.11% |
| Cash | 3.99% | -0.14% | 26.97% | 20.26% |
| Preferred Stocks | 0.00% | 0.00% | 7.72% | 27.75% |
| Other | 0.00% | -0.04% | 26.87% | 39.21% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 18.06% |
| Bonds | 0.00% | 0.00% | 90.88% | 17.62% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSCSX % Rank | |
|---|---|---|---|---|
| Technology | 74.33% | 2.80% | 100.00% | 38.77% |
| Financial Services | 16.63% | 0.00% | 38.36% | 2.64% |
| Communication Services | 7.00% | 0.00% | 97.05% | 70.04% |
| Industrials | 1.70% | 0.00% | 38.68% | 47.14% |
| Consumer Cyclical | 0.33% | 0.00% | 32.97% | 78.41% |
| Utilities | 0.00% | 0.00% | 5.17% | 16.30% |
| Real Estate | 0.00% | 0.00% | 15.05% | 33.92% |
| Healthcare | 0.00% | 0.00% | 25.57% | 63.88% |
| Energy | 0.00% | 0.00% | 1.24% | 15.42% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 25.99% |
| Basic Materials | 0.00% | 0.00% | 2.38% | 23.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSCSX % Rank | |
|---|---|---|---|---|
| US | 93.42% | 0.00% | 103.06% | 62.11% |
| Non US | 2.60% | 0.00% | 58.19% | 36.12% |
FSCSX - Expenses
Operational Fees
| FSCSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.64% | 0.08% | 6.86% | 79.20% |
| Management Fee | 0.64% | 0.03% | 1.95% | 26.87% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| FSCSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FSCSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 67.50% |
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.
| FSCSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 0.69% | 281.00% | 6.70% |
FSCSX - Distributions
Dividend Yield Analysis
| FSCSX | Category Low | Category High | FSCSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.88% | 0.44% |
Dividend Distribution Analysis
| FSCSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| FSCSX | Category Low | Category High | FSCSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.17% | -2.30% | 2.08% | 31.84% |
Capital Gain Distribution Analysis
| FSCSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 22, 2023 | $2.114 | OrdinaryDividend |
| Dec 06, 2004 | $0.051 | OrdinaryDividend |
FSCSX - Fund Manager Analysis
Managers
Ali Khan
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
Ali Khan is a research analyst and portfolio manager in the Equity division at Fidelity Investments. In this role, Mr. Khan manages Fidelity Information Technology Central Fund, along with the technology sleeves of the FIAM Small/Mid Cap Core Fund and the IT and Telecom sleeves of the Fidelity Stock Selector Mid-Cap Fund. He also manages the Fidelity Select Software and IT services portfolio and provides research coverage for the software industry including Apple, Microsoft, Oracle, Adobe, and Salesforce.com. Additionally, he co-manages the Fidelity Stock Selector All Cap Fund. Mr. Khan earned his bachelor of arts degree in economics and political science from Amherst College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.38 | 1.41 |