FSCSX: Fidelity® Select Software & IT Svcs Port

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FSCSX Fidelity® Select Software & IT Svcs Port


Profile

FSCSX - Profile

Vitals

  • YTD Return 7.7%
  • 3 Yr Annualized Return 12.4%
  • 5 Yr Annualized Return 12.7%
  • Net Assets $8.29 B
  • Holdings in Top 10 63.3%

52 WEEK LOW AND HIGH

$21.34
$15.80
$22.58

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

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

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return 15.0%
  • 5 Yr Annualized Total Return 16.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.98%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Select Software & IT Services Portfolio
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jul 29, 1985
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ali Khan

Fund Description

The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.


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Categories

Performance

FSCSX - Performance

Return Ranking - Trailing

Period FSCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -17.5% 27.6% 48.04%
1 Yr 19.6% -18.4% 46.4% 34.86%
3 Yr 12.4%* -25.5% 24.4% 29.38%
5 Yr 12.7%* -19.2% 20.2% 23.61%
10 Yr 11.8%* -3.2% 18.0% 42.20%

* Annualized

Return Ranking - Calendar

Period FSCSX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -3.0% 62.7% 76.30%
2018 -1.8% -49.7% 4.3% 8.59%
2017 28.6% -17.3% 55.5% 50.33%
2016 6.1% -17.1% 32.1% 52.08%
2015 4.7% -17.6% 11.6% 25.69%

Total Return Ranking - Trailing

Period FSCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -17.5% 27.6% 48.04%
1 Yr 19.6% -18.4% 46.4% 34.86%
3 Yr 15.0%* -25.5% 28.5% 31.25%
5 Yr 16.4%* -19.2% 28.3% 20.14%
10 Yr 19.1%* -3.2% 22.8% 2.75%

* Annualized

Total Return Ranking - Calendar

Period FSCSX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -3.0% 62.7% 76.30%
2018 0.2% -49.7% 5.1% 22.70%
2017 38.6% -17.3% 55.5% 24.84%
2016 10.3% -17.1% 32.8% 41.67%
2015 10.5% -13.9% 83.1% 10.42%

NAV & Total Return History


Holdings

FSCSX - Holdings

Concentration Analysis

FSCSX Category Low Category High FSCSX % Rank
Net Assets 8.29 B 75.8 K 29.9 B 1.10%
Number of Holdings 64 22 384 48.90%
Net Assets in Top 10 4.47 B 33.5 K 17.9 B 1.10%
Weighting of Top 10 63.27% 14.3% 84.3% 14.84%

Top 10 Holdings

  1. Microsoft Corp 27.52%
  2. Adobe Inc 6.57%
  3. Visa Inc Class A 6.21%
  4. Salesforce.com Inc 5.08%
  5. PayPal Holdings Inc 4.64%
  6. Mastercard Inc A 4.20%
  7. Alphabet Inc A 3.08%
  8. Cognizant Technology Solutions Corp A 2.17%
  9. Autodesk Inc 2.17%
  10. Oracle Corp 1.65%

Asset Allocation

Weighting Return Low Return High FSCSX % Rank
Stocks
97.12% 66.31% 100.29% 45.60%
Cash
2.88% -0.29% 33.69% 51.65%
Preferred Stocks
0.00% 0.00% 1.04% 19.23%
Other
0.00% -1.03% 6.59% 26.92%
Convertible Bonds
0.00% 0.00% 0.11% 14.84%
Bonds
0.00% 0.00% 2.02% 21.98%

Stock Sector Breakdown

Weighting Return Low Return High FSCSX % Rank
Technology
73.23% 27.00% 99.44% 30.77%
Financial Services
15.49% 0.00% 42.12% 2.75%
Communication Services
9.62% 0.00% 39.87% 68.13%
Consumer Cyclical
0.97% 0.00% 31.80% 78.57%
Industrials
0.70% 0.00% 26.06% 61.54%
Utilities
0.00% 0.00% 5.23% 12.09%
Real Estate
0.00% 0.00% 11.22% 54.40%
Healthcare
0.00% 0.00% 33.92% 66.48%
Energy
0.00% 0.00% 1.12% 15.93%
Consumer Defense
0.00% 0.00% 10.34% 35.71%
Basic Materials
0.00% 0.00% 3.58% 21.43%

Stock Geographic Breakdown

Weighting Return Low Return High FSCSX % Rank
US
94.33% 43.10% 99.02% 3.85%
Non US
2.79% 0.56% 55.78% 96.15%

Expenses

FSCSX - Expenses

Operational Fees

FSCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.10% 26.92% 96.02%
Management Fee 0.54% 0.09% 1.95% 7.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

FSCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 67.50%

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.

FSCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 732.00% 12.21%

Distributions

FSCSX - Distributions

Dividend Yield Analysis

FSCSX Category Low Category High FSCSX % Rank
Dividend Yield 0.00% 0.00% 9.62% 13.19%

Dividend Distribution Analysis

FSCSX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

FSCSX Category Low Category High FSCSX % Rank
Net Income Ratio 0.98% -2.08% 1.95% 3.41%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FSCSX - Fund Manager Analysis

Managers

Ali Khan


Start Date

Tenure

Tenure Rank

Jul 01, 2014

5.84

5.8%

Ali Khan is a research analyst and portfolio manager in the Equity division at Fidelity Investments. In this role, Mr. Khan manages Fidelity Information Technology Central Fund, along with the technology sleeves of the FIAM Small/Mid Cap Core Fund and the IT and Telecom sleeves of the Fidelity Stock Selector Mid-Cap Fund. He also manages the Fidelity Select Software and IT services portfolio and provides research coverage for the software industry including Apple, Microsoft, Oracle, Adobe, and Salesforce.com. Additionally, he co-manages the Fidelity Stock Selector All Cap Fund. Mr. Khan earned his bachelor of arts degree in economics and political science from Amherst College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 30.35 8.23 4.8