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FSUTX Fidelity® Select Utilities

  • Fund
  • FSUTX
  • Price as of: Dec 06, 2016
  • $68.52
  • - $0.13
  • - 0.19%
  • Category
  • Utilities Equities

FSUTX - Profile

Vitals

  • YTD Return 6.8%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 9.5%
  • Net Assets $694 M
  • Holdings in Top 10 71.0%

52 WEEK LOW AND HIGH

$68.52
$60.29
$78.26

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

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

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 9.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.05%
DIVIDENDS
  • Dividend Yield 0.7%
  • 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 6.8% -10.4% 16.4% 58.33% 3
1 Yr 10.3% -2.1% 17.5% 54.17% 3
3 Yr 6.9% * 0.8% 11.1% 39.13% 2
5 Yr 9.5% * 6.5% 11.7% 40.00% 2
10 Yr 5.3% * 4.6% 8.8% 75.56% 4

* Annualized


Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -14.6% -40.3% 0.0% 48.94% 3
2014 12.8% -10.4% 22.8% 51.06% 3
2013 17.6% 0.0% 28.2% 21.74% 2
2012 5.8% -12.5% 10.4% 31.82% 3
2011 10.6% -7.6% 21.2% 34.09% 2

Total Return Ranking - Trailing

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.9% -10.4% 18.5% 79.17% 4
1 Yr 10.3% -3.1% 17.7% 43.75% 3
3 Yr 6.9% * -0.5% 11.1% 36.96% 2
5 Yr 9.5% * 6.0% 11.7% 33.33% 2
10 Yr 5.3% * 4.6% 8.8% 62.22% 4

* Annualized


Total Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -11.2% -22.6% 13.0% 57.45% 3
2014 24.4% 0.0% 29.8% 27.66% 2
2013 25.1% 0.0% 58.2% 45.65% 3
2012 8.8% 0.0% 23.4% 52.27% 3
2011 17.3% 0.0% 44.9% 47.73% 3

NAV & Total Return History

FSUTX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Net Assets 694 M 19.3 M 6.3 B 14.58% 3
Number of Holdings 30 29 268 33.33% 5
Net Assets in Top 10 625 M 7.74 M 2.77 B 12.50% 3
Weighting of Top 10 71.0% 27.2% 71.0% 2.08% 1

Top 10 Holdings

  1. NextEra Energy Inc 15.02%
  2. Dominion Resources Inc 7.14%
  3. Sempra Energy 12.56%
  4. Exelon Corp 4.60%
  5. PG&E Corp 8.93%
  6. DTE Energy Co 5.02%
  7. Avangrid Inc 5.38%
  8. Edison International 4.00%
  9. FirstEnergy Corp 5.10%
  10. SCANA Corp 3.21%

Asset Allocation

Weighting Category Low Category High FSUTX % Rank Quintile
Stocks
98.70% 92.27% 99.97% 14.58% 2
Other
1.44% -0.21% 4.15% 6.25% 1
Preferred Stocks
0.00% 0.00% 2.62% 12.50% 5
Bonds
0.00% 0.00% 3.19% 10.42% 4
Convertible Bonds
0.00% 0.00% 0.00% 2.08% 4
Cash
-0.14% -0.44% 4.36% 35.42% 5

Stock Sector Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
Utilities
97.11% 21.17% 98.83% 6.25% 1
Communication Services
1.02% 0.00% 33.92% 27.08% 4
Energy
0.80% 0.39% 29.62% 31.25% 5
Industrials
0.30% 0.00% 17.35% 18.75% 3
Financial Services
0.00% 0.00% 7.85% 10.42% 4
Healthcare
0.00% 0.00% 0.02% 6.25% 4
Real Estate
0.00% 0.00% 7.00% 12.50% 5
Technology
0.00% 0.00% 15.19% 22.92% 5
Consumer Defense
0.00% 0.00% 0.01% 4.17% 4
Consumer Cyclical
0.00% 0.00% 2.15% 8.33% 4
Basic Materials
0.00% 0.00% 2.89% 18.75% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
US
98.02% 41.49% 99.97% 6.25% 1
Non US
0.68% 0.00% 50.78% 31.25% 5

FSUTX - Expenses

Operational Fees

FSUTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.80% 0.10% 2.55% 64.58% 1
Management Fee 0.55% 0.08% 1.00% 16.67% 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 74.00% 3.00% 475.00% 12.50% 4

FSUTX - Distributions

Dividend Yield Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Dividend Yield 0.7% 0.06% 1.59% 12.50% 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 2.05% 0.56% 3.38% 33.33% 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

10.17

Tenure Rank

17.4%

Douglas Simmons is co-manager of the fund, which he has managed since November 2009, and is manager of Fidelity Utilities Central Fund. He also manages other Fidelity funds. Mr. 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

0.8

Category High

24.8

Category Average

11.2

Category Mode

1.9