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FSCSX Fidelity® Select Software & IT Svcs Port

  • Fund
  • FSCSX
  • Price as of: Feb 15, 2019
  • $18.39
  • + $0.13
  • + 0.71%
  • Category
  • Technology Equities

FSCSX - Profile

Vitals

  • YTD Return 13.0%
  • 3 Yr Annualized Return 22.2%
  • 5 Yr Annualized Return 15.5%
  • Net Assets $6.12 B
  • Holdings in Top 10 61.2%

52 WEEK LOW AND HIGH

$18.39
$15.13
$186.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.73%

SALES FEES

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

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Technology Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 22.2%
  • 5 Yr Annualized Total Return 15.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Select Software & IT Services Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Jul 29, 1985
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Ali Khan

Fund Description

The Fidelity Select Software and Computer Services Portfolio (FSCSX) is an actively managed fund specializing in the technology sector. FSCSX targets stocks that are engaged in the design and distribution of products that relate to software or information-based services. The fund can hold both domestic and international stocks as well as any market cap. FSCSX’s managers use fundamental research to choose investments for the fund.

FSCSX features low costs. However, given its niche technology approach, the fund should only be used as a satellite position. The fund is internally managed by Fidelity.

FSCSX - Performance

Return Ranking - Trailing

Period FSCSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.0% -19.3% 26.2% 66.46% 4
1 Yr 2.9% -24.4% 44.6% 32.93% 2
3 Yr 22.2% * -23.7% 31.6% 28.29% 2
5 Yr 15.5% * 5.7% 22.8% 41.61% 3
10 Yr 22.2% * 4.1% 23.7% 2.68% 1

* Annualized


Return Ranking - Calendar

Period FSCSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -90.2% -93.0% 30.0% 94.94% 5
2017 28.6% -15.6% 55.5% 42.68% 3
2016 6.1% -18.0% 34.4% 48.39% 3
2015 4.7% -17.6% 45.2% 28.10% 2
2014 -2.3% -15.4% 45.5% 75.00% 4

Total Return Ranking - Trailing

Period FSCSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.0% -19.3% 26.2% 66.46% 4
1 Yr 2.9% -24.4% 72.6% 28.05% 2
3 Yr 22.2% * -23.7% 31.6% 25.66% 2
5 Yr 15.5% * 5.7% 22.8% 37.58% 2
10 Yr 22.2% * 4.1% 23.7% 2.68% 1

* Annualized


Total Return Ranking - Calendar

Period FSCSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -90.2% -93.0% 30.0% 94.94% 5
2017 28.6% -15.6% 55.5% 42.68% 3
2016 6.7% -18.0% 75.3% 43.87% 3
2015 10.9% -14.4% 124.7% 18.95% 1
2014 9.4% -20.6% 97.1% 76.32% 4

NAV & Total Return History

FSCSX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

FSCSX Category Low Category High FSCSX % Rank Quintile
Net Assets 6.12 B 250 K 19.4 B 2.42% 1
Number of Holdings 66 23 325 13.94% 3
Net Assets in Top 10 3.44 B 373 K 10.5 B 1.21% 1
Weighting of Top 10 61.2% 17.9% 72.8% 6.06% 1

Top 10 Holdings

  1. Microsoft Corp 25.16%
  2. Visa Inc Class A 6.77%
  3. Alphabet Inc A 2.66%
  4. Salesforce.com Inc 4.77%
  5. Adobe Inc 6.08%
  6. Oracle Corp 2.86%
  7. PayPal Holdings Inc 4.29%
  8. Cognizant Technology Solutions Corp A 2.42%
  9. Mastercard Inc A 4.28%
  10. International Business Machines Corp 1.92%

Asset Allocation

Weighting Category Low Category High FSCSX % Rank Quintile
Stocks
98.45% 58.64% 100.00% 16.97% 3
Cash
1.55% -0.05% 41.36% 18.18% 2
Preferred Stocks
0.00% 0.00% 1.79% 5.45% 4
Other
0.00% -0.53% 9.22% 12.12% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.61% 4
Bonds
0.00% 0.00% 0.56% 3.03% 4

Stock Sector Breakdown

Weighting Category Low Category High FSCSX % Rank Quintile
Technology
75.47% 4.95% 99.94% 19.39% 3
Financial Services
17.55% 0.00% 42.40% 1.82% 1
Industrials
2.66% 0.00% 31.95% 18.18% 3
Consumer Cyclical
2.37% 0.00% 24.10% 28.48% 4
Real Estate
0.39% 0.00% 3.64% 9.09% 2
Utilities
0.00% 0.00% 0.94% 3.03% 4
Healthcare
0.00% 0.00% 38.07% 16.97% 4
Energy
0.00% 0.00% 0.99% 1.21% 4
Communication Services
0.00% 0.00% 92.62% 21.21% 5
Consumer Defense
0.00% 0.00% 9.83% 4.24% 4
Basic Materials
0.00% 0.00% 1.63% 4.85% 4

Stock Geographic Breakdown

Weighting Category Low Category High FSCSX % Rank Quintile
US
93.85% 5.21% 99.50% 9.09% 2
Non US
4.60% 0.00% 93.58% 32.12% 4

FSCSX - Expenses

Operational Fees

FSCSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.73% 0.10% 48.18% 61.82% 1
Management Fee 0.54% 0.09% 1.50% 16.36% 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

Sales Fees

FSCSX Fees (% of AUM) Category Low Category High FSCSX 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

Trading Fees

FSCSX Fees (% of AUM) Category Low Category High FSCSX Rank Quintile
Max Redemption Fee 0.75% 0.75% 2.00% 4.65% 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.

FSCSX Fees (% of AUM) Category Low Category High FSCSX Rank Quintile
Turnover 31.00% 1.00% 643.00% 25.45% 2

FSCSX - Distributions

Dividend Yield Analysis

FSCSX Category Low Category High FSCSX % Rank Quintile
Dividend Yield 0.0% 0.00% 1.81% 31.43% 2

Dividend Distribution Analysis

FSCSX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FSCSX Category Low Category High FSCSX % Rank Quintile
Net Income Ratio -0.09% -3.60% 1.92% 15.15% 2

Capital Gain Distribution Analysis

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

FSCSX - Managers

Ali Khan

Manager

Start Date

Jul 01, 2014

Tenure

4.59

Tenure Rank

15.1%

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

0.0

Category High

29.1

Category Average

7.93

Category Mode

1.9