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FSPHX Fidelity® Select Health Care

  • Fund
  • FSPHX
  • Price as of: Jan 18, 2019
  • $23.92
  • + $0.32
  • + 1.36%
  • Category
  • Health & Biotech Equities

FSPHX - Profile

Vitals

  • YTD Return 8.5%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 11.0%
  • Net Assets $6.7 B
  • Holdings in Top 10 48.1%

52 WEEK LOW AND HIGH

$23.92
$20.54
$258.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.73%

SALES FEES

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

BROKERAGE FEES

  • Turnover 75.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Health & Biotech Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Health

Distributions

  • YTD Total Return 8.5%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 11.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Health Care Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Jul 14, 1981
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Edward L. Yoon

Fund Description

The Fidelity Select Health Care Portfolio (FSPHX) offers investors exposure to the healthcare industry, investing primarily in companies engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine. FSPHX aims to outperform the MSCI U.S. IMI Health Care 25-50 Index through active management.

The fund utilizes fundamental, bottom-up research, screening securities on normalized free cash flow per share, market opportunity, sales growth, margin outlook and capital deployment to value ideas. The resulting portfolio features exposure to both domestic and non-U.S. developed market equities; the portfolio primarily consists of large capitalization growth stocks.

FSPHX - Performance

Return Ranking - Trailing

Period FSPHX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.5% -14.9% 22.3% 30.36% 2
1 Yr 7.4% -15.7% 24.1% 12.61% 1
3 Yr 6.0% * -7.5% 17.2% 28.70% 2
5 Yr 11.0% * 3.2% 18.7% 20.56% 1
10 Yr 18.2% * 6.1% 19.4% 5.83% 1

* Annualized


Return Ranking - Calendar

Period FSPHX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -90.1% -91.9% 19.2% 97.27% 5
2017 21.1% -15.0% 43.9% 33.64% 2
2016 -11.2% -29.8% 33.7% 30.00% 2
2015 -4.4% -20.4% 48.1% 66.36% 4
2014 15.5% -5.8% 31.5% 55.45% 3

Total Return Ranking - Trailing

Period FSPHX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.5% -14.9% 22.3% 30.63% 2
1 Yr 7.4% -20.4% 19.6% 10.00% 1
3 Yr 6.0% * -14.2% 16.9% 25.93% 2
5 Yr 11.0% * 2.1% 18.5% 19.63% 1
10 Yr 18.2% * 6.1% 19.4% 4.85% 1

* Annualized


Total Return Ranking - Calendar

Period FSPHX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -90.1% -91.9% 19.2% 98.17% 5
2017 21.1% -15.0% 43.9% 35.78% 2
2016 -11.2% -25.1% 100.0% 32.11% 2
2015 7.6% -16.6% 79.8% 54.13% 3
2014 44.2% -5.8% 61.4% 18.35% 1

NAV & Total Return History

FSPHX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

FSPHX Category Low Category High FSPHX % Rank Quintile
Net Assets 6.7 B 14.8 M 43.9 B 3.57% 1
Number of Holdings 100 28 362 15.18% 3
Net Assets in Top 10 3.65 B 10.3 M 20.9 B 3.57% 1
Weighting of Top 10 48.1% 25.1% 76.2% 13.39% 2

Top 10 Holdings

  1. Boston Scientific Corp 6.76%
  2. UnitedHealth Group Inc 9.13%
  3. Amgen Inc 4.12%
  4. Becton, Dickinson and Co 7.54%
  5. Humana Inc 4.59%
  6. AstraZeneca PLC 4.01%
  7. HCA Healthcare Inc 3.08%
  8. Sarepta Therapeutics Inc 2.73%
  9. Roche Holding AG Dividend Right Cert. 3.05%
  10. Cigna 3.12%

Asset Allocation

Weighting Category Low Category High FSPHX % Rank Quintile
Stocks
96.55% 93.79% 99.98% 24.11% 4
Preferred Stocks
2.05% 0.00% 2.19% 1.79% 1
Cash
1.40% -0.02% 5.38% 21.43% 4
Other
0.00% -1.77% 2.69% 9.82% 5
Convertible Bonds
0.00% 0.00% 0.27% 3.57% 5
Bonds
0.00% 0.00% 4.69% 4.46% 5

Stock Sector Breakdown

Weighting Category Low Category High FSPHX % Rank Quintile
Healthcare
90.81% 14.35% 99.80% 33.04% 5
Technology
2.46% 0.00% 62.70% 8.93% 2
Consumer Cyclical
0.15% 0.00% 7.34% 7.14% 2
Utilities
0.00% 0.00% 0.00% 0.89% 5
Real Estate
0.00% 0.00% 1.31% 2.68% 5
Industrials
0.00% 0.00% 10.23% 11.61% 5
Financial Services
0.00% 0.00% 6.21% 8.93% 5
Energy
0.00% 0.00% 0.10% 1.79% 5
Communication Services
0.00% 0.00% 0.00% 0.89% 5
Consumer Defense
0.00% 0.00% 1.31% 9.82% 5
Basic Materials
0.00% 0.00% 0.53% 2.68% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSPHX % Rank Quintile
US
84.54% 64.02% 99.80% 21.43% 3
Non US
12.01% 0.00% 35.10% 18.75% 3

FSPHX - Expenses

Operational Fees

FSPHX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.73% 0.10% 4.31% 66.96% 1
Management Fee 0.54% 0.09% 1.25% 16.96% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

FSPHX Fees (% of AUM) Category Low Category High FSPHX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FSPHX Fees (% of AUM) Category Low Category High FSPHX Rank Quintile
Max Redemption Fee 0.75% 0.75% 2.00% 6.82% 2

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.

FSPHX Fees (% of AUM) Category Low Category High FSPHX Rank Quintile
Turnover 75.00% 0.00% 699.00% 8.93% 5

FSPHX - Distributions

Dividend Yield Analysis

FSPHX Category Low Category High FSPHX % Rank Quintile
Dividend Yield 0.0% 0.00% 1.15% 43.48% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSPHX Category Low Category High FSPHX % Rank Quintile
Net Income Ratio 0.23% -2.15% 1.44% 15.18% 1

Capital Gain Distribution Analysis

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

FSPHX - Managers

Edward L. Yoon

Manager

Start Date

Oct 01, 2008

Tenure

10.25

Tenure Rank

14.6%

Edward Yoon is a manager. Since joining Fidelity Investments in 2006, Mr. Yoon has served as a research analyst and portfolio manager. Prior to joining Fidelity, he worked for JPMorgan Asset Management as a research analyst and co-fund manager from 2002 until 2006. Mr. Yoon received a BA in business economics from Brown University in 2002.


Tenure Analysis

Category Low

0.3

Category High

21.3

Category Average

9.79

Category Mode

4.0