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FSELX Fidelity® Select Semiconductors

  • Fund
  • FSELX
  • Price as of: Dec 05, 2016
  • $91.53
  • + $1.03
  • + 1.14%
  • Category
  • Technology Equities

FSELX - Profile

Vitals

  • YTD Return 21.1%
  • 3 Yr Annualized Return 23.5%
  • 5 Yr Annualized Return 18.9%
  • Net Assets $2.15 B
  • Holdings in Top 10 68.2%

52 WEEK LOW AND HIGH

$91.53
$61.42
$95.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.77%

SALES FEES

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

BROKERAGE FEES

  • Turnover 179.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 25.3%
  • 3 Yr Annualized Total Return 23.5%
  • 5 Yr Annualized Total Return 18.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.88%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Semiconductors 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 Stephen Barwikowski

Fund Description

The Fidelity Select Electronics Portfolio (FSELX) is a low-cost, actively managed fund focused on the technology sector. FSELX focuses its holdings and assets on those stocks that manufacture or distribute electronic devices. These include semiconductors, printed circuit boards, equipment vendors and computer manufacturers. The fund is actively managed and analyzes various growth metrics. FSELX can also invest in international stocks.

With such a narrow mandate, FSELX is best suited as a tactical position within a broader equity portfolio. The fund is internally managed by Fidelity.

FSELX - Performance

Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 21.1% -19.3% 26.6% 3.66% 1
1 Yr 25.9% -24.4% 44.6% 2.44% 1
3 Yr 23.5% * -23.7% 19.2% 0.66% 1
5 Yr 18.9% * 0.4% 17.3% 0.67% 1
10 Yr 10.3% * 1.0% 12.7% 30.20% 2

* Annualized


Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -10.8% -17.6% 11.6% 88.61% 5
2014 34.3% -15.4% 36.9% 3.21% 1
2013 38.3% 0.0% 51.0% 19.58% 1
2012 3.3% -1.4% 25.6% 80.15% 5
2011 -8.6% -21.5% 2.8% 39.55% 3

Total Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 25.3% -19.3% 26.6% 3.05% 1
1 Yr 25.9% -24.4% 72.6% 2.44% 1
3 Yr 23.5% * -23.7% 28.8% 0.66% 1
5 Yr 18.9% * 5.4% 41.3% 0.67% 1
10 Yr 10.3% * 3.1% 22.4% 26.17% 2

* Annualized


Total Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.3% -14.4% 124.7% 69.62% 4
2014 52.0% -17.6% 52.0% 0.64% 1
2013 62.3% 0.0% 105.8% 17.48% 1
2012 5.9% -0.7% 109.2% 88.97% 5
2011 -13.2% -30.1% 5.1% 56.72% 3

NAV & Total Return History

FSELX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FSELX Category Low Category High FSELX % Rank Quintile
Net Assets 2.15 B 250 K 10.5 B 4.85% 1
Number of Holdings 51 23 375 18.79% 4
Net Assets in Top 10 1.43 B 373 K 5.78 B 4.24% 1
Weighting of Top 10 68.2% 23.4% 74.0% 3.03% 1

Top 10 Holdings

  1. Maxim Integrated Products Inc 3.33%
  2. Broadcom Ltd 8.29%
  3. Qualcomm Inc 12.96%
  4. Intel Corp 17.43%
  5. ON Semiconductor Corp 3.93%
  6. Lam Research Corp 3.55%
  7. Jabil Circuit Inc 3.34%
  8. Applied Materials Inc 4.34%
  9. NXP Semiconductors NV 6.45%
  10. Analog Devices Inc 4.55%

Asset Allocation

Weighting Category Low Category High FSELX % Rank Quintile
Stocks
95.50% 58.64% 100.45% 21.82% 4
Cash
4.25% -1.34% 41.36% 7.88% 1
Other
0.25% -0.53% 3.38% 12.12% 2
Convertible Bonds
0.00% 0.00% 1.12% 1.21% 4
Preferred Stocks
0.00% 0.00% 4.57% 4.85% 4
Bonds
0.00% 0.00% 0.62% 3.03% 4

Stock Sector Breakdown

Weighting Category Low Category High FSELX % Rank Quintile
Technology
94.70% 4.74% 99.64% 2.42% 1
Communication Services
0.64% 0.00% 85.46% 18.79% 3
Industrials
0.15% 0.00% 31.95% 27.88% 5
Financial Services
0.00% 0.00% 30.08% 26.06% 5
Healthcare
0.00% 0.00% 36.77% 13.33% 4
Real Estate
0.00% 0.00% 4.19% 11.52% 4
Energy
0.00% 0.00% 2.47% 1.21% 4
Utilities
0.00% 0.00% 1.10% 1.82% 4
Consumer Defense
0.00% 0.00% 3.75% 6.67% 5
Consumer Cyclical
0.00% 0.00% 32.22% 30.91% 5
Basic Materials
0.00% 0.00% 2.02% 5.45% 4

Stock Geographic Breakdown

Weighting Category Low Category High FSELX % Rank Quintile
US
85.75% 1.89% 99.14% 18.18% 3
Non US
9.75% 0.00% 93.03% 20.00% 3

FSELX - Expenses

Operational Fees

FSELX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.77% 0.10% 48.18% 62.42% 1
Management Fee 0.55% 0.08% 1.50% 14.55% 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

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

FSELX Fees (% of AUM) Category Low Category High FSELX 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.

FSELX Fees (% of AUM) Category Low Category High FSELX Rank Quintile
Turnover 179.00% 4.00% 769.00% 4.24% 5

FSELX - Distributions

Dividend Yield Analysis

FSELX Category Low Category High FSELX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.54% 37.50% 3

Dividend Distribution Analysis

FSELX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FSELX Category Low Category High FSELX % Rank Quintile
Net Income Ratio 0.88% -3.60% 1.67% 4.24% 1

Capital Gain Distribution Analysis

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

FSELX - Managers

Stephen Barwikowski

Manager

Start Date

Jan 01, 2009

Tenure

7.84

Tenure Rank

9.3%

Stephen Barwikowski is a portfolio manager with Fidelity. Since joining Fidelity Investments in 1999, Mr. Barwikowski has worked as both a research associate and research analyst in FMRCo's High Income division.


Tenure Analysis

Category Low

0.1

Category High

26.9

Category Average

7.21

Category Mode

4.8