FSAEX: Fidelity® Series All-Sector Equity Fund - MutualFunds.com

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Fidelity® Series All-Sector Equity

FSAEX - Snapshot

Vitals

  • YTD Return 12.7%
  • 3 Yr Annualized Return 10.8%
  • 5 Yr Annualized Return 11.9%
  • Net Assets $3.4 B
  • Holdings in Top 10 25.4%

52 WEEK LOW AND HIGH

$11.78
$6.77
$11.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Oct 17, 2008
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare FSAEX to Popular U.S. Large-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$66.49

-0.55%

$218.07 B

0.57%

$0.38

30.04%

-

$299.62

+0.20%

$129.99 B

0.55%

$1.63

42.73%

-

$243.67

+0.11%

$125.92 B

0.54%

$1.32

35.21%

-

$125.42

+0.13%

$125.92 B

-

$0.00

33.61%

-

$17.50

-0.06%

$124.79 B

-

$0.00

27.64%

-

FSAEX - Profile

Distributions

  • YTD Total Return 12.7%
  • 3 Yr Annualized Total Return 10.8%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity® Series All-Sector Equity Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Oct 17, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Simmons

FSAEX - Performance

Return Ranking - Trailing

Period FSAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.7% -67.8% 131.3% 91.46%
1 Yr 14.6% -9.0% 135.4% 80.26%
3 Yr 10.8%* -3.8% 41.0% 83.77%
5 Yr 11.9%* -10.6% 33.4% 79.27%
10 Yr 12.6%* 5.1% 22.1% 79.51%

* Annualized

Return Ranking - Calendar

Period FSAEX Return Category Return Low Category Return High Rank in Category (%)
2019 21.3% -28.8% 76.0% 64.55%
2018 -32.6% -64.5% 10.6% 98.23%
2017 5.6% -68.7% 64.3% 93.36%
2016 -6.1% -56.6% 15.3% 80.87%
2015 -9.6% -82.5% 11.4% 83.25%

Total Return Ranking - Trailing

Period FSAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.7% -68.2% 131.3% 91.46%
1 Yr 14.6% -12.7% 133.0% 78.06%
3 Yr 10.8%* -5.7% 41.0% 82.28%
5 Yr 11.9%* -11.6% 33.4% 77.74%
10 Yr 12.6%* 5.1% 22.1% 78.58%

* Annualized

Total Return Ranking - Calendar

Period FSAEX Return Category Return Low Category Return High Rank in Category (%)
2019 21.3% -28.8% 76.0% 64.70%
2018 -29.8% -64.5% 16.5% 98.95%
2017 21.6% -24.8% 64.3% 72.84%
2016 10.8% -56.6% 17.1% 4.01%
2015 0.0% -38.0% 17.3% 62.86%

NAV & Total Return History


FSAEX - Holdings

Concentration Analysis

FSAEX Category Low Category High FSAEX % Rank
Net Assets 3.4 B 10.3 K 218 B 34.99%
Number of Holdings 283 1 2364 8.19%
Net Assets in Top 10 903 M 425 K 89.8 B 41.16%
Weighting of Top 10 25.44% 10.5% 100.0% 96.24%

Top 10 Holdings

  1. Microsoft Corp 6.09%
  2. Amazon.com Inc 3.83%
  3. Apple Inc 3.30%
  4. Alphabet Inc Class C 2.69%
  5. Facebook Inc A 2.47%
  6. Mastercard Inc A 1.59%
  7. UnitedHealth Group Inc 1.48%
  8. Fidelity Revere Str Tr 1.40%
  9. Procter & Gamble Co 1.32%
  10. Berkshire Hathaway Inc Class B 1.28%

Asset Allocation

Weighting Return Low Return High FSAEX % Rank
Stocks
98.56% 48.25% 116.73% 59.32%
Cash
1.44% -12.08% 51.74% 37.10%
Preferred Stocks
0.00% 0.00% 2.39% 66.38%
Other
0.00% -17.43% 18.94% 68.41%
Convertible Bonds
0.00% 0.00% 6.97% 62.90%
Bonds
0.00% -0.42% 9.62% 63.01%

Stock Sector Breakdown

Weighting Return Low Return High FSAEX % Rank
Technology
25.52% 0.00% 53.57% 79.78%
Healthcare
14.22% 0.00% 69.42% 46.81%
Financial Services
12.56% 0.00% 41.61% 24.78%
Consumer Cyclical
12.56% 0.00% 48.24% 75.36%
Communication Services
10.16% 0.00% 67.67% 79.06%
Industrials
7.30% 0.00% 29.16% 29.64%
Consumer Defense
7.04% 0.00% 19.68% 12.03%
Real Estate
3.27% 0.00% 23.28% 17.39%
Utilities
2.78% 0.00% 11.79% 6.09%
Basic Materials
2.55% 0.00% 13.33% 18.41%
Energy
2.03% 0.00% 19.81% 7.46%

Stock Geographic Breakdown

Weighting Return Low Return High FSAEX % Rank
US
96.63% 46.80% 116.11% 30.07%
Non US
1.93% 0.00% 36.31% 69.57%

FSAEX - Expenses

Operational Fees

FSAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 23.28% 99.85%
Management Fee 0.00% 0.00% 1.50% 1.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

FSAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FSAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

FSAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 464.00% 67.60%

FSAEX - Distributions

Dividend Yield Analysis

FSAEX Category Low Category High FSAEX % Rank
Dividend Yield 0.00% 0.00% 17.85% 64.24%

Dividend Distribution Analysis

FSAEX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Annually

Net Income Ratio Analysis

FSAEX Category Low Category High FSAEX % Rank
Net Income Ratio 1.68% -8.87% 2.43% 0.90%

Capital Gain Distribution Analysis

FSAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Daily Annually

Dividend Payout History

View More +

FSAEX - Fund Manager Analysis

Managers

Douglas Simmons


Start Date

Tenure

Tenure Rank

Oct 17, 2008

12.05

12.1%

Before joining Fidelity in 2003, Mr. Simmons worked as a financial analyst at the private equity firm Hicks, Muse, Tate & Furst. He has been in the investments industry since 1997. Mr. Simmons earned his BA in finance from The University of Texas at Austin, where he graduated with highest honors, and his MBA from Harvard Business School.

Pierre Sorel


Start Date

Tenure

Tenure Rank

Oct 17, 2008

12.05

12.1%

Pierre Sorel is a sector leader and 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. Sorel is responsible for covering the financial sector and is a member of the Stock Selector Large Cap Group. Additionally, he manages the Fidelity Financial Services Central Fund and co-manages Fidelity and Fidelity Advisor Balanced Fund, VIP Balance Portfolio, Fidelity Series All-Sector Equity Fund, FIAM Strategic Advisor Core Research Fund, FIAM U.S. Total Stock Fund, Fidelity Advisor Stock Selector Mid Cap Fund, and Fidelity Advisor Stock Selector All Cap Fund. Mr. Sorel also co-manages the Financials sleeve of the FIAM Global Sector Strategies: FIAM Small/Mid Cap Core, FIAM Large Cap Core, and FIAM Global Core. Prior to assuming his current position with the Stock Selector Large Cap Group in October 2007, Mr. Sorel managed Fidelity Funds Global Financial Services Fund, a financial services sector fund available exclusively to investors outside of the United States. Previously, he worked as an analyst covering the leisure, automobile, and banking industries in Europe at Fidelity International Limited (FIL). Before joining FIL in 1998, Mr. Sorel was a financial services consultant at Oliver Wyman. He has been in the financial industry since 1993. Mr. Sorel earned his bachelor of arts degree in economics and his bachelor of science degree in electrical engineering from Brown University; his master of science degree in computer engineering from Princeton University; and his master of business administration degree from INSEAD. He is also a CFA® charterholder.

Robert Stansky


Start Date

Tenure

Tenure Rank

Oct 17, 2008

12.05

12.1%

Stansky is vice president and portfolio manager, as well a group manager of VIP Contrafund Portfolio and is responsible for assignment of managers to sectors, managing daily cash flows directing risk management and overseeing in the portfolio. He will not select individual securities in the sectors. He joined Fidelity Investments as a research analyst in 1983, and worked as a research assistant from 1984 to 1987. Prior to assuming his current responsibilities, Mr. Stansky managed Fidelity's Magellan Fund from 1996 to 2005. Previously, he managed Fidelity Growth Company Fund, Fidelity Advisor Equity Growth Fund, and Fidelity Growth Strategies, as well as an institutional portfolio for Fidelity. Mr. Stansky also served as an analyst and portfolio assistant on Magellan Fund and as an analyst in Fidelity's Equity research department where he managed the Select Defense & Aerospace Fund. He has been in the financial industry since joining Fidelity in 1983. Mr. Stansky earned his bachelor of science degree in business from Nichols College and his master of business administration degree in finance from New York University.

Steven Kaye


Start Date

Tenure

Tenure Rank

Oct 17, 2008

12.05

12.1%

Kaye is a vice president and portfolio manager with Fidelity Management & Research. Previously, he was head of Fidelity Select Portfolios and assistant director of research. He also served as Fidelity's pharmaceuticals analyst from 1985 to 1990. Before joining the firm, he spent two years as a research analyst with Strategic Planning Associates.

Brian Lempel


Start Date

Tenure

Tenure Rank

Oct 15, 2012

8.05

8.1%

Brian Lempel is a member of FMR's Stock Selector Large Cap Group and co-manager of the fund (information technology sector), which he has managed since January 2014. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Lempel has worked as a research analyst and portfolio manager.

Chip Perrone


Start Date

Tenure

Tenure Rank

Aug 03, 2017

3.25

3.3%

Chip Perrone is the global sector leader at Fidelity Institutional Asset Management (FIAM). In this role, he manages the consumer discretionary sleeve of the FIAM sector strategies and analyzes stocks for the broader, diversified portfolio management team. Prior to assuming his current role in 2010, Mr. Perrone’s research focus had been U.S. automotive, gaming and lodging. Mr. Perrone joined Fidelity in 2007 and has been in the investments industry since 1990. Mr. Perrone is a CFA charterholder and a Certified Public Accountant (CPA).

John Mirshekari


Start Date

Tenure

Tenure Rank

Dec 31, 2018

1.84

1.8%

Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.

Jody Simes


Start Date

Tenure

Tenure Rank

Nov 08, 2019

0.98

1.0%

Jody Simes is a global sector leader/analyst at Fidelity Institutional Asset Management (FIAM). In this role, he manages both the global energy (since 2011) and global materials (since 2006) sector sleeves of the FIAM sector portfolios and analyzes stocks for the broader diversified portfolio management team. He has been in the investments industry since joining Fidelity in 1993. Mr. Simes earned his bachelor of science degree in finance from the University of Massachusetts and his master of science degree in finance from Boston College. He is a CFA charterholder.

Ashley Fernandes


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.83

0.8%

Ashley Fernandes is co-manager , which he has managed since January 2020. He also manages other funds. Since joining Fidelity Investments in 2013, Mr. Fernandes has worked as a global energy analyst, research analyst, and portfolio manager.

Melissa Reilly


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.83

0.8%

Sean Gavin is portfolio manager of the fund, which he has managed since April 2017. He also manages other funds. Since joining Fidelity Investments in 2006, Mr. Gavin has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 52.87 7.72 0.83
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