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FSUTX Fidelity® Select Utilities

  • Fund
  • FSUTX
  • Price as of: Oct 18, 2017
  • $84.25
  • - $0.31
  • - 0.37%
  • Category
  • Utilities Equities

FSUTX - Profile

Vitals

  • YTD Return 18.2%
  • 3 Yr Annualized Return 8.0%
  • 5 Yr Annualized Return 11.7%
  • Net Assets $743 M
  • Holdings in Top 10 71.1%

52 WEEK LOW AND HIGH

$84.25
$68.49
$85.98

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

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

BROKERAGE FEES

  • Turnover 70.00%

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 18.2%
  • 3 Yr Annualized Total Return 8.0%
  • 5 Yr Annualized Total Return 11.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.09%
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 18.2% -10.4% 18.2% 2.08% 1
1 Yr 16.2% -2.1% 16.2% 2.08% 1
3 Yr 8.0% * 1.7% 12.2% 39.13% 2
5 Yr 11.7% * 7.6% 12.2% 8.70% 1
10 Yr 6.2% * 4.2% 9.0% 24.44% 2

* Annualized


Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 11.1% -8.1% 17.3% 36.17% 2
2015 -14.6% -40.3% 4.1% 48.94% 3
2014 12.8% -10.4% 22.8% 53.19% 3
2013 17.6% 0.0% 28.2% 21.74% 2
2012 5.8% -12.5% 10.4% 34.09% 3

Total Return Ranking - Trailing

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 18.2% -10.4% 18.2% 2.08% 1
1 Yr 16.2% -3.1% 16.2% 2.08% 1
3 Yr 8.0% * 1.0% 12.2% 36.96% 2
5 Yr 11.7% * 7.1% 12.2% 6.52% 1
10 Yr 6.2% * 4.2% 9.0% 24.44% 2

* Annualized


Total Return Ranking - Calendar

Period FSUTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 11.2% -6.1% 18.9% 51.06% 3
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% 54.55% 3

NAV & Total Return History

FSUTX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

FSUTX Category Low Category High FSUTX % Rank Quintile
Net Assets 743 M 19.2 M 6.47 B 14.58% 3
Number of Holdings 30 29 263 31.25% 5
Net Assets in Top 10 510 M 7.86 M 2.91 B 14.58% 3
Weighting of Top 10 71.1% 27.5% 71.1% 2.08% 1

Top 10 Holdings

  1. NextEra Energy Inc 18.51%
  2. Dominion Energy Inc 3.70%
  3. Sempra Energy 12.66%
  4. Exelon Corp 4.95%
  5. PG&E Corp 8.41%
  6. DTE Energy Co 4.67%
  7. Avangrid Inc 4.91%
  8. FirstEnergy Corp 4.13%
  9. Great Plains Energy Inc 4.95%
  10. NRG Energy Inc 4.23%

Asset Allocation

Weighting Category Low Category High FSUTX % Rank Quintile
Stocks
98.68% 89.17% 99.65% 14.58% 2
Cash
1.32% 0.00% 7.27% 16.67% 2
Preferred Stocks
0.00% 0.00% 2.73% 10.42% 5
Other
0.00% 0.00% 4.62% 18.75% 5
Convertible Bonds
0.00% 0.00% 0.00% 2.08% 4
Bonds
0.00% 0.00% 0.78% 6.25% 4

Stock Sector Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
Utilities
96.23% 24.41% 98.46% 8.33% 1
Energy
2.15% 0.50% 25.52% 27.08% 4
Real Estate
0.30% 0.00% 4.78% 14.58% 2
Technology
0.00% 0.00% 14.27% 20.83% 5
Industrials
0.00% 0.00% 18.06% 18.75% 5
Healthcare
0.00% 0.00% 0.77% 8.33% 5
Financial Services
0.00% 0.00% 9.51% 12.50% 5
Communication Services
0.00% 0.00% 27.94% 29.17% 5
Consumer Defense
0.00% 0.00% 0.44% 6.25% 5
Consumer Cyclical
0.00% 0.00% 3.00% 12.50% 5
Basic Materials
0.00% 0.00% 3.10% 16.67% 4

Stock Geographic Breakdown

Weighting Category Low Category High FSUTX % Rank Quintile
US
98.68% 39.83% 99.59% 10.42% 2
Non US
0.00% 0.00% 49.34% 31.25% 5

FSUTX - Expenses

Operational Fees

FSUTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.79% 0.10% 2.55% 64.58% 1
Management Fee 0.55% 0.09% 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 70.00% 3.00% 507.00% 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 2.09% 0.55% 4.31% 45.83% 3

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

11.0

Tenure Rank

12.4%

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

0.0

Category High

25.6

Category Average

10.3

Category Mode

2.8