Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.2%
1 yr return
48.4%
3 Yr Avg Return
2.1%
5 Yr Avg Return
11.8%
Net Assets
$1.31 B
Holdings in Top 10
75.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.24%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGEMX - Profile
Distributions
- YTD Total Return 11.2%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 11.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.88%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameCommunication Services Portfolio
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 03, 2018
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Drukker
Fund Description
FGEMX - Performance
Return Ranking - Trailing
Period | FGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.2% | -13.9% | 11.6% | 18.75% |
1 Yr | 48.4% | -6.0% | 48.2% | 15.63% |
3 Yr | 2.1%* | -12.5% | 3.0% | 18.75% |
5 Yr | 11.8%* | -5.0% | 12.8% | 15.63% |
10 Yr | N/A* | -0.8% | 13.6% | 25.81% |
* Annualized
Return Ranking - Calendar
Period | FGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 56.0% | -2.0% | 57.1% | 15.63% |
2022 | -38.6% | -49.3% | -19.8% | 81.25% |
2021 | 9.2% | -15.7% | 24.1% | 37.50% |
2020 | 28.5% | -0.5% | 46.0% | 21.88% |
2019 | -4.4% | -4.8% | 36.4% | 96.77% |
Total Return Ranking - Trailing
Period | FGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.2% | -13.9% | 11.6% | 18.75% |
1 Yr | 48.4% | -6.0% | 48.2% | 15.63% |
3 Yr | 2.1%* | -12.5% | 3.0% | 18.75% |
5 Yr | 11.8%* | -5.0% | 12.8% | 15.63% |
10 Yr | N/A* | -0.8% | 13.6% | 25.81% |
* Annualized
Total Return Ranking - Calendar
Period | FGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 56.0% | -1.2% | 57.1% | 15.63% |
2022 | -38.6% | -40.6% | -16.8% | 81.25% |
2021 | 15.4% | -3.8% | 25.7% | 25.00% |
2020 | 34.6% | 0.3% | 53.8% | 21.88% |
2019 | 31.9% | 12.3% | 40.1% | 25.81% |
NAV & Total Return History
FGEMX - Holdings
Concentration Analysis
FGEMX | Category Low | Category High | FGEMX % Rank | |
---|---|---|---|---|
Net Assets | 1.31 B | 1.87 M | 18.1 B | 29.41% |
Number of Holdings | 46 | 23 | 120 | 61.76% |
Net Assets in Top 10 | 1.14 B | 1.1 M | 12.7 B | 29.41% |
Weighting of Top 10 | 75.23% | 38.1% | 85.3% | 35.29% |
Top 10 Holdings
- META PLATFORMS INC CL A 25.14%
- ALPHABET INC CL A 18.72%
- DISNEY (WALT) CO 6.14%
- AMAZON.COM INC 5.58%
- AT and T INC 4.65%
- T-MOBILE US INC 3.52%
- Fidelity Cash Central Fund 3.45%
- NETFLIX INC 3.43%
- UBER TECHNOLOGIES INC 2.38%
- LIBERTY BROADBAND CORP A 2.23%
Asset Allocation
Weighting | Return Low | Return High | FGEMX % Rank | |
---|---|---|---|---|
Stocks | 95.53% | 93.49% | 99.93% | 58.82% |
Cash | 4.83% | 0.00% | 10.18% | 50.00% |
Preferred Stocks | 0.11% | 0.00% | 2.36% | 35.29% |
Other | 0.00% | 0.00% | 1.01% | 64.71% |
Convertible Bonds | 0.00% | 0.00% | 1.39% | 47.06% |
Bonds | 0.00% | 0.00% | 4.06% | 58.82% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGEMX % Rank | |
---|---|---|---|---|
Communication Services | 92.19% | 21.07% | 100.00% | 52.94% |
Technology | 4.53% | 0.00% | 68.78% | 55.88% |
Consumer Cyclical | 2.49% | 0.00% | 14.61% | 20.59% |
Real Estate | 0.79% | 0.00% | 12.57% | 44.12% |
Utilities | 0.00% | 0.00% | 0.00% | 47.06% |
Industrials | 0.00% | 0.00% | 2.78% | 64.71% |
Healthcare | 0.00% | 0.00% | 0.00% | 47.06% |
Financial Services | 0.00% | 0.00% | 6.60% | 64.71% |
Energy | 0.00% | 0.00% | 2.38% | 50.00% |
Consumer Defense | 0.00% | 0.00% | 0.72% | 47.06% |
Basic Materials | 0.00% | 0.00% | 0.00% | 47.06% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGEMX % Rank | |
---|---|---|---|---|
US | 94.45% | 71.30% | 99.93% | 35.29% |
Non US | 1.08% | 0.00% | 27.91% | 64.71% |
FGEMX - Expenses
Operational Fees
FGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.24% | 0.08% | 5.28% | 44.12% |
Management Fee | 0.72% | 0.03% | 1.00% | 58.82% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 66.67% |
Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
FGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 3.50% | 5.75% | 85.71% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
FGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 13.00% | 75.00% | 89.66% |
FGEMX - Distributions
Dividend Yield Analysis
FGEMX | Category Low | Category High | FGEMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.07% | 97.06% |
Dividend Distribution Analysis
FGEMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
FGEMX | Category Low | Category High | FGEMX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.88% | -1.39% | 2.76% | 97.06% |
Capital Gain Distribution Analysis
FGEMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Semi-Annually |
FGEMX - Fund Manager Analysis
Managers
Matthew Drukker
Start Date
Tenure
Tenure Rank
Dec 01, 2018
3.5
3.5%
Matthew Drukker is portfolio manager of Fidelity Management & Research Company. Prior to joining Fidelity Investments in August 2008 as a research analyst, Mr. Drukker was an investment banker at Sander O'Neill in New York from 1999 to 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
1.79 | 24.18 | 9.88 | 3.5 |