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FSESX Fidelity® Select Energy Service Port

  • Fund
  • FSESX
  • Price as of: Aug 08, 2016
  • $45.43
  • + $0.92
  • + 2.07%
  • Category
  • Energy Equities

FSESX - Profile

Vitals

  • YTD Return 10.7%
  • 3 Yr Annualized Return -13.4%
  • 5 Yr Annualized Return -10.3%
  • Net Assets $474 M
  • Holdings in Top 10 70.3%

52 WEEK LOW AND HIGH

$45.43
$33.87
$48.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 58.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Energy Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return 10.7%
  • 3 Yr Annualized Total Return -13.4%
  • 5 Yr Annualized Total Return -10.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Energy Service Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 16, 1985
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Ben Shuleva

Fund Description

The Fidelity Select Energy Service Portfolio (FSESX) is an actively managed fund focusing on the oil services subsector of the energy industry. FSESX focuses its attention on firms that provide drilling equipment, consulting, construction and well completion services to the industry. The fund’s managers use fundamental analysis when selecting stocks for its portfolio. FSESX can own both domestic and international oil service stocks.

Given its focus on a higher-risk subsector of the equity markets, FSESX is best suited as a small satellite position in a broad portfolio. The fund is internally managed by Fidelity.

FSESX - Performance

Return Ranking - Trailing

Period FSESX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.7% -56.5% 46.1% 62.79% 4
1 Yr -8.2% -32.2% 6.3% 72.09% 4
3 Yr -13.4% * -32.8% 6.3% 76.62% 4
5 Yr -10.3% * -16.1% 7.5% 80.88% 4
10 Yr -2.5% * -12.2% 4.8% 82.46% 5

* Annualized


Return Ranking - Calendar

Period FSESX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -27.1% -61.4% -3.4% 57.14% 3
2014 N/A -27.8% -20.1% N/A N/A
2013 N/A 10.4% 21.2% N/A N/A
2012 N/A -1.4% 3.0% N/A N/A
2011 N/A -8.3% -5.6% N/A N/A

Total Return Ranking - Trailing

Period FSESX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.7% -8.7% 46.1% 64.29% 4
1 Yr -8.2% -35.5% 6.3% 53.49% 3
3 Yr -13.4% * -33.6% 6.3% 76.62% 4
5 Yr -10.3% * -16.4% 7.5% 79.41% 4
10 Yr -2.5% * -12.2% 4.6% 82.46% 5

* Annualized


Total Return Ranking - Calendar

Period FSESX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -27.1% -61.4% -3.4% 57.14% 3
2014 N/A -20.1% -12.8% N/A N/A
2013 N/A 18.8% 31.0% N/A N/A
2012 N/A -1.6% 6.2% N/A N/A
2011 N/A -9.4% -2.1% N/A N/A

NAV & Total Return History

FSESX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FSESX Category Low Category High FSESX % Rank Quintile
Net Assets 474 M 5.9 M 9.9 B 10.47% 2
Number of Holdings 38 25 151 19.77% 4
Net Assets in Top 10 352 M 2.41 M 3.61 B 8.14% 1
Weighting of Top 10 70.3% 30.9% 70.3% 1.16% 1

Top 10 Holdings

  1. Schlumberger Ltd 17.60%
  2. Oceaneering International Inc 3.82%
  3. National Oilwell Varco Inc 3.50%
  4. Dril-Quip Inc 6.06%
  5. Baker Hughes Inc 18.83%
  6. Nabors Industries Ltd 4.67%
  7. Halliburton Co 4.20%
  8. Tesco Corp 3.90%
  9. Newpark Resources Inc 4.18%
  10. RigNet Inc 3.56%

Asset Allocation

Weighting Category Low Category High FSESX % Rank Quintile
Stocks
100.00% 85.97% 103.34% 2.33% 1
Other
0.00% -3.88% 8.36% 12.79% 4
Preferred Stocks
0.00% 0.00% 0.00% 1.16% 4
Convertible Bonds
0.00% 0.00% 0.00% 1.16% 4
Cash
0.00% 0.00% 11.32% 26.74% 5
Bonds
0.00% 0.00% 11.63% 6.98% 4

Stock Sector Breakdown

Weighting Category Low Category High FSESX % Rank Quintile
Energy
93.08% 0.00% 101.13% 16.28% 3
Technology
3.56% 0.00% 47.90% 8.14% 1
Industrials
2.98% 0.00% 53.83% 9.30% 1
Financial Services
0.00% 0.00% 0.00% 1.16% 4
Healthcare
0.00% 0.00% 0.00% 1.16% 4
Real Estate
0.00% 0.00% 2.93% 3.49% 4
Utilities
0.00% 0.00% 42.09% 17.44% 5
Communication Services
0.00% 0.00% 0.00% 1.16% 4
Consumer Defense
0.00% 0.00% 0.00% 1.16% 4
Consumer Cyclical
0.00% 0.00% 18.40% 8.14% 4
Basic Materials
0.00% 0.00% 10.21% 24.42% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSESX % Rank Quintile
US
86.67% 18.51% 99.40% 17.44% 3
Non US
13.33% 0.00% 81.49% 16.28% 3

FSESX - Expenses

Operational Fees

FSESX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.85% 0.10% 5.63% 69.77% 1
Management Fee 0.55% 0.08% 1.53% 13.95% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

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

FSESX Fees (% of AUM) Category Low Category High FSESX Rank Quintile
Max Redemption Fee 0.75% 0.75% 2.00% 12.00% 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.

FSESX Fees (% of AUM) Category Low Category High FSESX Rank Quintile
Turnover 58.00% 4.00% 1241.00% 15.12% 3

FSESX - Distributions

Dividend Yield Analysis

FSESX Category Low Category High FSESX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.21% 55.32% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSESX Category Low Category High FSESX % Rank Quintile
Net Income Ratio 0.92% -1.64% 2.65% 18.60% 2

Capital Gain Distribution Analysis

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

FSESX - Managers

Ben Shuleva

Manager

Start Date

Aug 01, 2013

Tenure

3.0

Tenure Rank

13.4%

Since joining Fidelity Investments in 2008, Mr. Shuleva has worked as a research analyst and portfolio manager.


Tenure Analysis

Category Low

0.2

Category High

18.7

Category Average

5.3

Category Mode

1.6