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FNARX Fidelity® Select Natural Resources Port

  • Fund
  • FNARX
  • Price as of: May 20, 2019
  • $25.77 - $0.09 - 0.35%
  • Category
  • Natural Resources

FNARX - Profile

Vitals

  • YTD Return 14.3%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return -8.5%
  • Net Assets $442 M
  • Holdings in Top 10 45.5%

52 WEEK LOW AND HIGH

$25.77
$21.13
$31.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

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

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Natural Resources
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return 14.3%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return -6.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Natural Resources Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Mar 03, 1997
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Nathan Strik

Fund Description

The Fidelity Select Natural Resources Portfolio (FNARX) is a low-cost, actively managed sector fund that focuses on the basic materials sector. This includes exposure to energy producers, chemicals firms, paper products companies, miners, steel producers and other basic materials companies. FNARX’s managers use various screens to uncover economic trends for commodities pricing and find value stocks within those industries. The fund can shift its portfolio as managers see fit.

With its mandate on a single sector, FNARX is suitable as a side play in a broad equity portfolio. The fund is managed by Fidelity.

FNARX - Performance

Return Ranking - Trailing

Period FNARX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -1.8% 13.0% 1.54%
1 Yr -19.7% -46.7% 8.9% 50.79%
3 Yr -0.9%* -5.2% 12.8% 59.65%
5 Yr -8.5%* -14.5% 5.0% 64.71%
10 Yr 1.2%* -3.7% 8.9% 30.95%

* Annualized


Return Ranking - Calendar

Period FNARX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.1% -46.3% 8.2% 61.90%
2017 -1.6% -2.3% 22.9% 95.08%
2016 29.4% 10.8% 43.7% 30.91%
2015 -22.3% -34.4% -10.9% 36.36%
2014 -17.6% -29.4% 55.4% 47.06%

Total Return Ranking - Trailing

Period FNARX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -1.8% 13.0% 1.54%
1 Yr -19.7% -46.7% 8.9% 52.38%
3 Yr -0.3%* -5.2% 17.1% 59.65%
5 Yr -6.9%* -14.5% 5.3% 49.02%
10 Yr 2.7%* -3.7% 12.3% 23.81%

* Annualized


Total Return Ranking - Calendar

Period FNARX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.0% -46.3% 8.2% 61.90%
2017 -0.1% -2.3% 31.7% 90.16%
2016 30.3% 10.8% 44.2% 32.73%
2015 -21.7% -34.0% -5.1% 29.09%
2014 -12.0% -28.7% 55.4% 39.22%

NAV & Total Return History

FNARX - Holdings

Concentration Analysis

FNARX Category Low Category High FNARX % Rank
Net Assets 442 M 1.74 M 3.65 B 38.46%
Number of Holdings 59 13 276 52.31%
Net Assets in Top 10 195 M 702 K 1.33 B 35.38%
Weighting of Top 10 45.53% 14.6% 78.7% 24.62%

Top 10 Holdings

  1. Chevron Corp 9.40%

  2. Suncor Energy Inc 5.15%

  3. Williams Companies Inc 5.10%

  4. Cenovus Energy Inc 4.50%

  5. Anadarko Petroleum Corp 4.20%

  6. ConocoPhillips 4.11%

  7. Cheniere Energy Inc 3.59%

  8. Pioneer Natural Resources Co 3.25%

  9. Franco-Nevada Corp 3.15%

  10. EOG Resources Inc 3.07%


Asset Allocation

Weighting Return Low Return High FNARX % Rank
Stocks
99.81% -0.17% 99.98% 4.62%
Cash
0.19% 0.02% 83.69% 96.92%
Preferred Stocks
0.00% 0.00% 3.83% 21.54%
Other
0.00% -3.11% 3.60% 36.92%
Convertible Bonds
0.00% 0.00% 2.37% 18.46%
Bonds
0.00% 0.00% 86.59% 30.77%

Stock Sector Breakdown

Weighting Return Low Return High FNARX % Rank
Energy
80.45% 0.42% 80.45% 1.59%
Basic Materials
10.36% 4.10% 99.04% 93.65%
Consumer Cyclical
5.18% 0.00% 25.25% 25.40%
Industrials
2.83% 0.00% 25.97% 44.44%
Technology
0.62% 0.00% 12.65% 33.33%
Utilities
0.00% 0.00% 10.29% 42.86%
Real Estate
0.00% 0.00% 35.00% 20.63%
Healthcare
0.00% 0.00% 12.50% 23.81%
Financial Services
0.00% 0.00% 4.27% 19.05%
Communication Services
0.00% 0.00% 0.82% 19.05%
Consumer Defense
0.00% 0.00% 8.65% 41.27%

Stock Geographic Breakdown

Weighting Return Low Return High FNARX % Rank
US
73.13% -0.17% 89.17% 16.92%
Non US
26.68% 0.00% 84.71% 66.15%

FNARX - Expenses

Operational Fees

FNARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.10% 11.95% 87.30%
Management Fee 0.54% 0.08% 1.75% 13.85%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FNARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.30% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FNARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.05% 2.00% 70.59%

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.

FNARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.00% 361.00% 12.70%

FNARX - Distributions

Dividend Yield Analysis

FNARX Category Low Category High FNARX % Rank
Dividend Yield 0.01% 0.00% 0.05% 52.31%

Dividend Distribution Analysis

FNARX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FNARX Category Low Category High FNARX % Rank
Net Income Ratio 1.02% -1.85% 3.06% 38.10%

Capital Gain Distribution Analysis

FNARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

FNARX - Managers

Nathan Strik

Manager

Start Date

Tenure

Tenure Rank

Oct 20, 2017

1.53

1.5%

Nathan Strik is a member of FMR's Multi-Manager Group. He also manages other Fidelity funds. Since joining Fidelity Investments in 2002, Mr. Strik has worked as a research analyst and portfolio manager. Previously, Mr. Strik was a consultant with The Boston Consulting Group from 1998 to 2000. He has received an MBA from Stanford University Graduate School of Business.


Tenure Analysis

Category Low

0.45

Category High

21.09

Category Average

7.82

Category Mode

12.76