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FSPTX Fidelity® Select Technology

  • Fund
  • FSPTX
  • Price as of: Aug 08, 2016
  • $129.16
  • + $0.18
  • + 0.14%
  • Category
  • Technology Equities

FSPTX - Profile

Vitals

  • YTD Return 9.4%
  • 3 Yr Annualized Return 13.8%
  • 5 Yr Annualized Return 12.1%
  • Net Assets $3.22 B
  • Holdings in Top 10 42.2%

52 WEEK LOW AND HIGH

$129.16
$98.75
$129.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.78%

SALES FEES

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

BROKERAGE FEES

  • Turnover 130.00%

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 9.4%
  • 3 Yr Annualized Total Return 13.8%
  • 5 Yr Annualized Total Return 12.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.11%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Select Technology 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 Charlie Chai

Fund Description

The Fidelity Select Technology Portfolio (FSPTX) is a low-cost, actively managed portfolio specializing in the domestic technology sector. This includes investing in software, internet, e-commerce, consumer devices, hardware and other technology-related stocks. The fund uses fundamental screens to find those tech stocks that are the fastest growers and that have the potential to disrupt whole industries with their products.

With its focus on a single sector, FSPTX is best suited as a satellite position in a broad equity portfolio. The fund is managed by Fidelity.

FSPTX - Performance

Return Ranking - Trailing

Period FSPTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.4% -19.3% 18.0% 17.68% 1
1 Yr 8.2% -24.4% 20.9% 38.18% 2
3 Yr 13.8% * 4.2% 21.9% 44.74% 3
5 Yr 12.1% * 0.3% 17.7% 45.39% 3
10 Yr 11.4% * 3.2% 14.5% 20.39% 1

* Annualized


Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.2% -17.6% 13.4% 32.67% 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 FSPTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.4% -19.3% 18.0% 17.28% 1
1 Yr 8.2% -24.4% 20.9% 30.30% 2
3 Yr 13.8% * 3.2% 21.9% 42.11% 3
5 Yr 12.1% * -0.1% 17.7% 42.11% 3
10 Yr 11.4% * 3.2% 14.5% 19.74% 1

* Annualized


Total Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.2% -17.6% 13.4% 32.67% 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

FSPTX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FSPTX Category Low Category High FSPTX % Rank Quintile
Net Assets 3.22 B 250 K 9.56 B 3.64% 1
Number of Holdings 233 23 383 1.21% 1
Net Assets in Top 10 1.25 B 373 K 4.68 B 3.64% 1
Weighting of Top 10 42.2% 20.8% 73.7% 23.03% 4

Top 10 Holdings

  1. Apple Inc 9.95%
  2. Facebook Inc A 6.23%
  3. Alphabet Inc A 5.23%
  4. Alphabet Inc C 5.48%
  5. Yahoo! Inc 2.76%
  6. Visa Inc Class A 2.32%
  7. Microsoft Corp 4.18%
  8. Qualcomm Inc 2.05%
  9. Broadcom Ltd 2.12%
  10. Trimble Navigation Ltd 1.88%

Asset Allocation

Weighting Category Low Category High FSPTX % Rank Quintile
Stocks
96.48% 58.64% 100.00% 20.00% 4
Cash
3.16% 0.00% 41.36% 10.30% 2
Preferred Stocks
0.36% 0.00% 4.02% 3.64% 1
Other
0.00% -0.70% 8.71% 11.52% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.61% 4
Bonds
0.00% 0.00% 1.04% 3.03% 4

Stock Sector Breakdown

Weighting Category Low Category High FSPTX % Rank Quintile
Technology
82.87% 4.08% 98.74% 9.70% 2
Consumer Cyclical
5.20% 0.00% 46.80% 18.79% 3
Industrials
2.89% 0.00% 32.83% 20.61% 3
Financial Services
2.45% 0.00% 29.92% 21.82% 4
Consumer Defense
1.16% 0.00% 3.39% 2.42% 1
Healthcare
0.34% 0.00% 34.79% 12.12% 2
Communication Services
0.17% 0.00% 93.93% 20.00% 4
Utilities
0.00% 0.00% 1.25% 1.82% 4
Energy
0.00% 0.00% 2.66% 1.21% 4
Real Estate
0.00% 0.00% 4.44% 11.52% 5
Basic Materials
0.00% 0.00% 2.26% 3.64% 4

Stock Geographic Breakdown

Weighting Category Low Category High FSPTX % Rank Quintile
US
72.60% 2.34% 99.39% 30.91% 5
Non US
23.88% 0.00% 93.15% 5.45% 1

FSPTX - Expenses

Operational Fees

FSPTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.78% 0.10% 48.18% 63.64% 1
Management Fee 0.55% 0.08% 1.50% 13.94% 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

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

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

FSPTX Fees (% of AUM) Category Low Category High FSPTX Rank Quintile
Turnover 130.00% 3.00% 769.00% 7.27% 4

FSPTX - Distributions

Dividend Yield Analysis

FSPTX Category Low Category High FSPTX % Rank Quintile
Dividend Yield 0.3% 0.00% 2.54% 25.00% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSPTX Category Low Category High FSPTX % Rank Quintile
Net Income Ratio 0.11% -3.60% 1.67% 11.52% 1

Capital Gain Distribution Analysis

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

FSPTX - Managers

Charlie Chai

Manager

Start Date

Jan 04, 2007

Tenure

9.58

Tenure Rank

8.5%

Charlie Chai(Yun-min) is manager of Advisor Communications Equipment Fund and Advisor Technology Fund, which he has managed since May 2003 and January 2005, respectively. He also manages other Fidelity funds. Since joining Fidelity Investments in 1997, Mr. Chai has worked as a research analyst and portfolio manager.


Tenure Analysis

Category Low

0.1

Category High

26.6

Category Average

7.12

Category Mode

1.6