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FSDAX Fidelity® Select Defense & Aero Port

  • Fund
  • FSDAX
  • Price as of: Aug 08, 2016
  • $124.22
  • - $0.46
  • - 0.37%
  • Category
  • Industrials Equities

FSDAX - Profile

Vitals

  • YTD Return 8.0%
  • 3 Yr Annualized Return 10.8%
  • 5 Yr Annualized Return 14.0%
  • Net Assets $1.03 B
  • Holdings in Top 10 67.3%

52 WEEK LOW AND HIGH

$124.22
$100.37
$124.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 8.0%
  • 3 Yr Annualized Total Return 10.8%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.92%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Defense & Aerospace Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date May 08, 1984
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jonathan Siegmann

Fund Description

The Fidelity Select Defense & Aerospace Portfolio (FSDAX) is an actively managed fund that focuses on the aerospace and defense segment of the industrial sector. The fund holds the stocks of weapons manufacturers, plane builders, cyber-security and other defense-related firms. FSDAX uses fundamental analysis to find firms that exhibit both value and growth traits, and quantitative analysis to predict which subsectors will benefit from government spending.

Given the fund’s narrow focus, FSDAX should only be used as a satellite position within a broader equity portfolio. The fund is managed by Fidelity.

FSDAX - Performance

Return Ranking - Trailing

Period FSDAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.0% -21.4% 11.3% 17.14% 1
1 Yr 8.5% -19.2% 10.1% 11.43% 1
3 Yr 10.8% * -24.7% 12.5% 12.50% 1
5 Yr 14.0% * -30.5% 18.5% 9.38% 1
10 Yr 9.6% * -29.8% 9.9% 12.50% 1

* Annualized


Return Ranking - Calendar

Period FSDAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.4% -24.2% 3.5% 25.00% 2
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

Total Return Ranking - Trailing

Period FSDAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.0% -21.4% 11.3% 17.14% 1
1 Yr 8.5% -22.4% 10.1% 11.43% 1
3 Yr 10.8% * -25.4% 12.5% 12.50% 1
5 Yr 14.0% * -30.8% 18.5% 9.38% 1
10 Yr 9.6% * -29.8% 9.9% 12.50% 1

* Annualized


Total Return Ranking - Calendar

Period FSDAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.4% -24.2% 3.5% 25.00% 2
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

NAV & Total Return History

FSDAX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FSDAX Category Low Category High FSDAX % Rank Quintile
Net Assets 1.03 B 3 M 2.35 B 8.57% 1
Number of Holdings 28 10 2011 28.57% 3
Net Assets in Top 10 663 M 236 K 893 M 5.71% 1
Weighting of Top 10 67.3% 2.4% 70.2% 5.71% 1

Top 10 Holdings

  1. United Technologies Corp 13.19%
  2. Boeing Co 6.62%
  3. Huntington Ingalls Industries Inc 5.16%
  4. Honeywell International Inc 8.09%
  5. Rockwell Collins Inc 3.96%
  6. Raytheon Co 4.57%
  7. TransDigm Group Inc 4.92%
  8. Northrop Grumman Corp 8.74%
  9. Lockheed Martin Corp 4.91%
  10. General Dynamics Corp 7.13%

Asset Allocation

Weighting Category Low Category High FSDAX % Rank Quintile
Stocks
97.28% -0.70% 100.00% 22.86% 2
Cash
2.72% 0.00% 118.01% 34.29% 4
Other
0.00% -20.43% 20.57% 20.00% 3
Convertible Bonds
0.00% 0.00% 0.00% 2.86% 4
Preferred Stocks
0.00% 0.00% 0.00% 2.86% 4
Bonds
0.00% 0.00% 28.31% 20.00% 4

Stock Sector Breakdown

Weighting Category Low Category High FSDAX % Rank Quintile
Industrials
93.46% 0.01% 99.06% 14.29% 1
Technology
3.81% 0.00% 3.81% 2.86% 1
Financial Services
0.00% 0.00% 0.31% 17.14% 4
Utilities
0.00% 0.00% 0.08% 14.29% 4
Healthcare
0.00% 0.00% 0.24% 22.86% 4
Real Estate
0.00% 0.00% 23.23% 17.14% 4
Energy
0.00% 0.00% 1.11% 20.00% 4
Communication Services
0.00% 0.00% 1.65% 22.86% 5
Consumer Defense
0.00% 0.00% 0.07% 17.14% 4
Consumer Cyclical
0.00% 0.00% 50.00% 40.00% 5
Basic Materials
0.00% 0.00% 11.92% 28.57% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSDAX % Rank Quintile
US
96.72% -0.67% 99.12% 11.43% 1
Non US
0.56% -0.03% 11.05% 22.86% 2

FSDAX - Expenses

Operational Fees

FSDAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.80% 0.10% 5.01% 74.29% 1
Management Fee 0.55% 0.08% 1.00% 8.57% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.05% 0.25% N/A N/A

Sales Fees

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

FSDAX Fees (% of AUM) Category Low Category High FSDAX Rank Quintile
Max Redemption Fee 0.75% 0.75% 0.75% 9.09% 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.

FSDAX Fees (% of AUM) Category Low Category High FSDAX Rank Quintile
Turnover 52.00% 0.00% 1674.00% 31.43% 3

FSDAX - Distributions

Dividend Yield Analysis

FSDAX Category Low Category High FSDAX % Rank Quintile
Dividend Yield 0.4% 0.00% 16.83% 12.50% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSDAX Category Low Category High FSDAX % Rank Quintile
Net Income Ratio 0.92% -2.44% 1.83% 5.71% 1

Capital Gain Distribution Analysis

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

FSDAX - Managers

Jonathan Siegmann

Manager

Start Date

Oct 16, 2015

Tenure

0.79

Tenure Rank

27.9%

Since joining Fidelity Investments in 2007, Mr. Siegmann has worked a research analyst and a portfolio manager.


Tenure Analysis

Category Low

0.3

Category High

17.9

Category Average

8.55

Category Mode

1.6