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FSUTX Fidelity® Select Utilities

  • Fund
  • FSUTX
  • Price as of: Jan 18, 2019
  • $80.46
  • + $0.15
  • + 0.19%
  • Category
  • Utilities Equities

FSUTX - Profile

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return 13.4%
  • 5 Yr Annualized Return 9.6%
  • Net Assets $950 M
  • Holdings in Top 10 53.2%

52 WEEK LOW AND HIGH

$80.46
$73.91
$91.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.78%

SALES FEES

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

BROKERAGE FEES

  • Turnover 66.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return 13.4%
  • 5 Yr Annualized Total Return 9.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Utilities Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 10, 1981
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Douglas Simmons

Fund Description

The Fidelity Select Utilities Portfolio (FSUTX) is a low-cost, actively managed fund that bets on the utilities sector in the United States in order to generate income. FSUTX focuses its attention on gas, electric utilities and non-regulated power producers over telephone companies and telecommunications utilities. Managers of the fund use fundamental, bottom-up research when building out its holdings to find those firms that exhibit growth elements as well as value and big dividends.

Given its focus on a single segment of the market, FSUTX is best used as a satellite position for investors looking for income. The fund is internally managed by Fidelity.

FSUTX - Performance

Return Ranking - Trailing

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.4% -10.4% 16.3% 85.42% 5
1 Yr 8.6% -7.1% 14.5% 6.25% 1
3 Yr 13.4% * 5.1% 13.4% 2.17% 1
5 Yr 9.6% * 2.7% 10.8% 8.70% 1
10 Yr 11.4% * 4.9% 12.5% 17.78% 1

* Annualized


Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.4% -15.8% 11.2% 23.40% 2
2017 11.9% -9.7% 16.5% 12.77% 1
2016 11.1% -0.4% 17.3% 38.30% 2
2015 -14.6% -40.3% 15.5% 48.94% 3
2014 12.8% -10.4% 22.8% 48.94% 3

Total Return Ranking - Trailing

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.4% -10.4% 17.0% 85.42% 5
1 Yr 8.6% -7.6% 11.5% 8.33% 1
3 Yr 13.4% * 4.2% 13.4% 2.17% 1
5 Yr 9.6% * 2.7% 10.8% 6.52% 1
10 Yr 11.4% * 4.9% 12.5% 17.78% 1

* Annualized


Total Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.4% -15.8% 11.9% 23.40% 2
2017 11.9% -8.9% 16.5% 12.77% 1
2016 11.2% 0.0% 22.9% 53.19% 3
2015 -11.2% -22.6% 18.1% 57.45% 3
2014 24.4% 0.0% 29.8% 27.66% 2

NAV & Total Return History

FSUTX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Net Assets 950 M 24 M 5.73 B 12.50% 3
Number of Holdings 37 25 700 22.92% 4
Net Assets in Top 10 494 M 8.89 M 2.94 B 12.50% 3
Weighting of Top 10 53.2% 26.9% 72.8% 12.50% 1

Top 10 Holdings

  1. NextEra Energy Inc 6.81%
  2. Sempra Energy 6.64%
  3. Exelon Corp 6.24%
  4. Public Service Enterprise Group Inc 5.03%
  5. FirstEnergy Corp 5.50%
  6. Dominion Energy Inc 5.64%
  7. Edison International 4.00%
  8. Southern Co 4.85%
  9. PPL Corp 4.19%
  10. Entergy Corp 4.28%

Asset Allocation

Weighting Category Low Category High FSUTX % Rank Quintile
Stocks
99.71% 4.73% 100.00% 6.25% 1
Cash
0.29% 0.00% 26.48% 31.25% 5
Preferred Stocks
0.00% 0.00% 1.31% 14.58% 5
Other
0.00% 0.00% 3.27% 12.50% 4
Convertible Bonds
0.00% 0.00% 0.47% 6.25% 4
Bonds
0.00% 0.00% 68.23% 8.33% 4

Stock Sector Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
Utilities
94.43% 0.22% 99.00% 6.25% 1
Communication Services
2.24% 0.00% 29.26% 27.08% 4
Energy
1.59% 0.00% 25.79% 25.00% 4
Consumer Cyclical
1.46% 0.00% 3.32% 4.17% 1
Technology
0.00% 0.00% 2.88% 16.67% 4
Real Estate
0.00% 0.00% 7.46% 14.58% 4
Industrials
0.00% -0.19% 14.98% 16.67% 5
Healthcare
0.00% 0.00% 1.61% 8.33% 4
Financial Services
0.00% 0.00% 15.58% 14.58% 5
Consumer Defense
0.00% 0.00% 0.03% 6.25% 4
Basic Materials
0.00% 0.00% 2.33% 16.67% 4

Stock Geographic Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
US
99.59% 4.41% 100.00% 4.17% 1
Non US
0.12% 0.00% 53.22% 29.17% 5

FSUTX - Expenses

Operational Fees

FSUTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.78% 0.10% 2.57% 64.58% 1
Management Fee 0.54% 0.08% 1.00% 18.75% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.03% 0.25% N/A N/A

Sales Fees

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

FSUTX Fees (% of AUM) Category Low Category High FSUTX Rank Quintile
Max Redemption Fee 0.75% 0.75% 2.00% 18.18% 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.

FSUTX Fees (% of AUM) Category Low Category High FSUTX Rank Quintile
Turnover 66.00% 2.00% 507.00% 14.58% 4

FSUTX - Distributions

Dividend Yield Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Dividend Yield 2.5% 0.06% 2.48% 2.08% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Net Income Ratio 2.00% 0.69% 3.31% 39.58% 2

Capital Gain Distribution Analysis

FSUTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Monthly Annually

FSUTX - Managers

Douglas Simmons

Manager

Start Date

Oct 02, 2006

Tenure

12.25

Tenure Rank

9.5%

Douglas Simmons joined Fidelity Investments in 2003 after receiving his MBA from Harvard Business School. He is also a member of FMR's Multi-Manager Group.


Tenure Analysis

Category Low

0.1

Category High

26.9

Category Average

10.3

Category Mode

4.0