Fidelity Natural Resources Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.7%
1 yr return
8.6%
3 Yr Avg Return
16.9%
5 Yr Avg Return
13.8%
Net Assets
$588 M
Holdings in Top 10
67.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 98.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FNARX - Profile
Distributions
- YTD Total Return 9.7%
- 3 Yr Annualized Total Return 16.9%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.84%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Natural Resources Fund
-
Fund Family NameFidelity Investments
-
Inception DateMay 21, 1999
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAshley Fernandes
Fund Description
FNARX - Performance
Return Ranking - Trailing
Period | FNARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -19.1% | 12.0% | 13.43% |
1 Yr | 8.6% | -27.4% | 13.5% | 17.91% |
3 Yr | 16.9%* | -16.4% | 19.7% | 20.90% |
5 Yr | 13.8%* | 1.4% | 20.7% | 22.39% |
10 Yr | 4.4%* | -12.6% | 13.6% | 10.17% |
* Annualized
Return Ranking - Calendar
Period | FNARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.7% | -12.5% | 12.1% | 5.97% |
2022 | 37.6% | -9.1% | 88.5% | 77.61% |
2021 | 37.3% | -16.7% | 94.8% | 64.18% |
2020 | -22.3% | -47.8% | 134.4% | 13.43% |
2019 | 17.4% | -18.0% | 61.0% | 2.99% |
Total Return Ranking - Trailing
Period | FNARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -19.1% | 12.0% | 13.43% |
1 Yr | 8.6% | -27.4% | 13.5% | 17.91% |
3 Yr | 16.9%* | -16.4% | 19.7% | 20.90% |
5 Yr | 13.8%* | 1.4% | 20.7% | 22.39% |
10 Yr | 4.4%* | -12.6% | 13.6% | 10.17% |
* Annualized
Total Return Ranking - Calendar
Period | FNARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -11.5% | 14.4% | 10.45% |
2022 | 41.0% | -8.0% | 88.5% | 76.12% |
2021 | 39.4% | -15.7% | 98.4% | 67.16% |
2020 | -20.8% | -44.2% | 138.4% | 14.93% |
2019 | 19.1% | -16.5% | 63.2% | 2.99% |
NAV & Total Return History
FNARX - Holdings
Concentration Analysis
FNARX | Category Low | Category High | FNARX % Rank | |
---|---|---|---|---|
Net Assets | 588 M | 5.1 M | 39.9 B | 29.41% |
Number of Holdings | 38 | 24 | 207 | 54.41% |
Net Assets in Top 10 | 440 M | 2.02 M | 28.3 B | 26.47% |
Weighting of Top 10 | 67.81% | 30.4% | 84.2% | 10.29% |
Top 10 Holdings
- EXXON MOBIL CORP 22.51%
- IMPERIAL OIL LTD 8.79%
- SHELL PLC SPONS ADR 8.27%
- MEG ENERGY CORP 5.62%
- VALERO ENERGY CORP 4.86%
- GALP ENERGIA SGPS SA 4.78%
- Fidelity Securities Lending Cash Central Fund 3.72%
- PHILLIPS 66 3.36%
- ATHABASCA OIL CORP 3.19%
- FREEPORT MCMORAN INC 2.73%
Asset Allocation
Weighting | Return Low | Return High | FNARX % Rank | |
---|---|---|---|---|
Stocks | 99.33% | 82.08% | 100.54% | 60.29% |
Cash | 4.09% | 0.00% | 33.44% | 20.59% |
Preferred Stocks | 0.00% | 0.00% | 1.19% | 8.82% |
Other | 0.00% | -0.01% | 18.03% | 32.35% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 7.35% |
Bonds | 0.00% | 0.00% | 4.65% | 13.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FNARX % Rank | |
---|---|---|---|---|
Energy | 78.63% | 0.00% | 100.00% | 89.71% |
Basic Materials | 17.74% | 0.00% | 17.92% | 2.94% |
Consumer Cyclical | 2.72% | 0.00% | 6.59% | 2.94% |
Industrials | 0.91% | 0.00% | 25.16% | 47.06% |
Utilities | 0.00% | 0.00% | 39.83% | 55.88% |
Technology | 0.00% | 0.00% | 35.01% | 44.12% |
Real Estate | 0.00% | 0.00% | 0.02% | 13.24% |
Healthcare | 0.00% | 0.00% | 0.00% | 7.35% |
Financial Services | 0.00% | 0.00% | 0.41% | 16.18% |
Communication Services | 0.00% | 0.00% | 0.00% | 7.35% |
Consumer Defense | 0.00% | 0.00% | 1.54% | 25.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FNARX % Rank | |
---|---|---|---|---|
US | 67.92% | 39.74% | 100.54% | 77.94% |
Non US | 31.41% | 0.00% | 60.26% | 23.53% |
FNARX - Expenses
Operational Fees
FNARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.08% | 2.84% | 66.18% |
Management Fee | 0.69% | 0.00% | 1.25% | 50.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.25% | N/A |
Sales Fees
FNARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FNARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 85.00% |
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.
FNARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 98.00% | 5.00% | 382.00% | 73.21% |
FNARX - Distributions
Dividend Yield Analysis
FNARX | Category Low | Category High | FNARX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.52% | 76.47% |
Dividend Distribution Analysis
FNARX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
FNARX | Category Low | Category High | FNARX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.84% | -1.80% | 4.54% | 52.94% |
Capital Gain Distribution Analysis
FNARX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.587 | OrdinaryDividend |
Apr 14, 2023 | $0.063 | OrdinaryDividend |
Dec 16, 2022 | $0.746 | OrdinaryDividend |
Apr 08, 2022 | $0.193 | OrdinaryDividend |
Dec 17, 2021 | $0.413 | OrdinaryDividend |
Dec 18, 2020 | $0.356 | OrdinaryDividend |
Apr 08, 2020 | $0.013 | OrdinaryDividend |
Dec 20, 2019 | $0.296 | OrdinaryDividend |
Dec 20, 2019 | $0.005 | CapitalGainShortTerm |
Apr 05, 2019 | $0.075 | CapitalGainShortTerm |
Dec 14, 2018 | $0.262 | OrdinaryDividend |
Apr 06, 2018 | $0.013 | OrdinaryDividend |
Apr 06, 2018 | $0.001 | CapitalGainShortTerm |
Dec 15, 2017 | $0.391 | OrdinaryDividend |
Apr 07, 2017 | $0.023 | CapitalGainShortTerm |
Dec 16, 2016 | $0.100 | OrdinaryDividend |
Apr 08, 2016 | $0.008 | OrdinaryDividend |
Apr 08, 2016 | $0.081 | CapitalGainShortTerm |
Dec 18, 2015 | $0.184 | OrdinaryDividend |
Dec 22, 2014 | $0.148 | OrdinaryDividend |
Dec 22, 2014 | $0.209 | CapitalGainShortTerm |
Dec 22, 2014 | $1.442 | CapitalGainLongTerm |
Apr 07, 2014 | $0.004 | OrdinaryDividend |
Apr 07, 2014 | $0.220 | CapitalGainLongTerm |
Dec 23, 2013 | $0.095 | OrdinaryDividend |
Dec 23, 2013 | $0.877 | CapitalGainLongTerm |
Dec 28, 2012 | $0.003 | ExtraDividend |
Dec 26, 2012 | $0.086 | OrdinaryDividend |
Dec 12, 2011 | $0.254 | OrdinaryDividend |
Apr 07, 2011 | $0.010 | OrdinaryDividend |
Apr 07, 2011 | $0.060 | CapitalGainShortTerm |
Dec 31, 2010 | $0.019 | ExtraDividend |
Dec 13, 2010 | $0.095 | OrdinaryDividend |
Dec 13, 2010 | $0.075 | CapitalGainShortTerm |
Apr 12, 2010 | $0.010 | CapitalGainShortTerm |
Dec 14, 2009 | $0.015 | OrdinaryDividend |
Dec 14, 2009 | $0.100 | CapitalGainShortTerm |
Apr 14, 2008 | $0.010 | OrdinaryDividend |
Apr 14, 2008 | $0.480 | CapitalGainLongTerm |
Dec 17, 2007 | $0.010 | OrdinaryDividend |
Dec 17, 2007 | $0.880 | CapitalGainLongTerm |
Apr 16, 2007 | $0.020 | OrdinaryDividend |
Apr 16, 2007 | $0.620 | CapitalGainLongTerm |
Dec 11, 2006 | $0.060 | OrdinaryDividend |
Dec 11, 2006 | $0.280 | CapitalGainLongTerm |
Apr 10, 2006 | $0.010 | OrdinaryDividend |
Apr 10, 2006 | $0.310 | CapitalGainShortTerm |
Apr 10, 2006 | $0.360 | CapitalGainLongTerm |
Dec 12, 2005 | $0.030 | OrdinaryDividend |
Dec 12, 2005 | $0.260 | CapitalGainShortTerm |
Dec 12, 2005 | $0.410 | CapitalGainLongTerm |
Apr 11, 2005 | $0.010 | OrdinaryDividend |
Apr 11, 2005 | $0.130 | CapitalGainShortTerm |
Apr 11, 2005 | $0.150 | CapitalGainLongTerm |
Dec 13, 2004 | $0.050 | OrdinaryDividend |
Dec 13, 2004 | $0.040 | CapitalGainShortTerm |
Dec 13, 2004 | $0.240 | CapitalGainLongTerm |
Apr 12, 2004 | $0.020 | OrdinaryDividend |
Apr 13, 2002 | $0.020 | OrdinaryDividend |
Apr 16, 2001 | $0.010 | OrdinaryDividend |
Apr 16, 2001 | $0.400 | CapitalGainLongTerm |
Dec 18, 2000 | $0.010 | OrdinaryDividend |
Dec 18, 2000 | $0.080 | CapitalGainShortTerm |
Dec 18, 2000 | $0.870 | CapitalGainLongTerm |
Apr 17, 2000 | $0.040 | CapitalGainLongTerm |
FNARX - Fund Manager Analysis
Managers
Ashley Fernandes
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Ashley Fernandes is the Natural Resources sector leader and a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Fernandes provides research coverage for the global integrated energy and global mining companies and he manages the Fidelity Natural Resources Fund. He is also a member of Fidelity's Stock Selector Large Cap Group and is responsible for managing the energy and materials sleeves for various diversified sector-based portfolios. Mr. Fernandes is also responsible for co-managing the Fidelity and Fidelity Advisor Balanced Funds, VIP Balanced Portfolio, Fidelity Select and VIP Materials Portfolio, and Fidelity Advisor Materials Fund. Additionally, he co-manages both the global energy and global materials sector sleeves of the FIAM sector portfolios. Prior to assuming his current role, Mr. Fernandes worked as a global energy analyst for Fidelity International Limited (FIL) in London from 2008 to 2013. In this capacity, he was an analyst for the U.S., Canadian, European integrated, and emerging-market energy sectors, as well as small- and mid-cap international exploration and production (E&P) companies. Before joining Fidelity in 2013, Mr. Fernandes worked as an associate in Private Equity. He has been in the financial industry since 2001. Mr. Fernandes earned his bachelor of commerce degree, with honors, from Queen’s University, and his master of business administration degree from London Business School. He is also a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 24.18 | 6.95 | 0.54 |