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FSDAX Fidelity® Select Defense & Aero Port

  • Fund
  • FSDAX
  • Price as of: Sep 17, 2019
  • $18.95 + $0.07 + 0.37%

FSDAX - Profile

Vitals

  • YTD Return 34.7%
  • 3 Yr Annualized Return 16.4%
  • 5 Yr Annualized Return 10.1%
  • Net Assets $2.95 B
  • Holdings in Top 10 72.1%

52 WEEK LOW AND HIGH

$18.95
$13.12
$19.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

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

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Industrials

Distributions

  • YTD Total Return 34.7%
  • 3 Yr Annualized Total Return 20.7%
  • 5 Yr Annualized Total Return 14.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Defense & Aerospace Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date May 08, 1984
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jonathan Siegmann

Fund Description

The Fidelity Select Defense & Aerospace Portfolio (FSDAX) is an actively managed fund that focuses on the aerospace and defense segment of the industrial sector. The fund holds the stocks of weapons manufacturers, plane builders, cyber-security and other defense-related firms. FSDAX uses fundamental analysis to find firms that exhibit both value and growth traits, and quantitative analysis to predict which subsectors will benefit from government spending.

Given the fund’s narrow focus, FSDAX should only be used as a satellite position within a broader equity portfolio. The fund is managed by Fidelity.

FSDAX - Performance

Return Ranking - Trailing

Period FSDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.7% 16.1% 34.7% 5.00%
1 Yr 1.0% -14.0% 3.1% 15.79%
3 Yr 16.4%* 3.3% 16.4% 5.88%
5 Yr 10.1%* 0.4% 10.1% 5.88%
10 Yr 12.7%* 4.9% 12.7% 6.67%

* Annualized


Return Ranking - Calendar

Period FSDAX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.7% -25.6% -15.4% 11.11%
2017 29.3% 13.7% 29.3% 5.88%
2016 12.3% 8.4% 20.4% 29.41%
2015 -2.4% -11.8% -1.9% 23.53%
2014 -3.7% -15.6% 7.4% 52.94%

Total Return Ranking - Trailing

Period FSDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.7% 16.1% 34.7% 5.00%
1 Yr 1.0% -14.0% 3.1% 15.79%
3 Yr 20.7%* 4.9% 20.7% 5.88%
5 Yr 14.6%* 0.8% 14.6% 5.88%
10 Yr 16.6%* 4.9% 16.6% 6.67%

* Annualized


Total Return Ranking - Calendar

Period FSDAX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.2% -25.6% -13.2% 5.56%
2017 34.3% 16.0% 34.3% 5.88%
2016 17.9% 9.1% 20.7% 29.41%
2015 3.7% -9.4% 3.7% 5.88%
2014 3.2% -15.6% 7.5% 58.82%

NAV & Total Return History

FSDAX - Holdings

Concentration Analysis

FSDAX Category Low Category High FSDAX % Rank
Net Assets 2.95 B 11.9 M 3.66 B 10.00%
Number of Holdings 26 26 355 100.00%
Net Assets in Top 10 2.07 B 5.69 M 2.07 B 5.00%
Weighting of Top 10 72.06% 33.3% 72.1% 5.00%

Top 10 Holdings

  1. Boeing Co 13.83%

  2. Northrop Grumman Corp 12.26%

  3. General Dynamics Corp 8.94%

  4. TransDigm Group Inc 8.33%

  5. Teledyne Technologies Inc 5.23%

  6. Huntington Ingalls Industries Inc 5.21%

  7. United Technologies Corp 5.04%

  8. Heico Corp Class A 4.91%

  9. Moog Inc A 4.31%

  10. Lockheed Martin Corp 4.01%


Asset Allocation

Weighting Return Low Return High FSDAX % Rank
Stocks
99.31% 95.67% 99.92% 50.00%
Cash
0.68% 0.09% 4.34% 55.00%
Preferred Stocks
0.00% 0.00% 0.91% 55.00%
Other
0.00% 0.00% 0.00% 45.00%
Convertible Bonds
0.00% 0.00% 0.00% 45.00%
Bonds
0.00% 0.00% 0.00% 45.00%

Stock Sector Breakdown

Weighting Return Low Return High FSDAX % Rank
Industrials
89.38% 19.77% 91.39% 40.00%
Technology
7.27% 0.00% 25.25% 55.00%
Utilities
0.00% 0.00% 3.97% 60.00%
Real Estate
0.00% 0.00% 1.13% 70.00%
Healthcare
0.00% 0.00% 18.30% 60.00%
Financial Services
0.00% 0.00% 12.80% 55.00%
Energy
0.00% 0.00% 3.59% 60.00%
Communication Services
0.00% 0.00% 0.00% 45.00%
Consumer Defense
0.00% 0.00% 11.41% 60.00%
Consumer Cyclical
0.00% 0.00% 11.80% 75.00%
Basic Materials
0.00% 0.00% 10.97% 65.00%

Stock Geographic Breakdown

Weighting Return Low Return High FSDAX % Rank
US
90.33% 43.94% 99.08% 85.00%
Non US
8.98% 0.84% 53.91% 20.00%

FSDAX - Expenses

Operational Fees

FSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.10% 2.32% 89.47%
Management Fee 0.54% 0.08% 1.00% 15.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.15% N/A

Sales Fees

FSDAX 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

FSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 1.00% 61.54%

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.

FSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 4.00% 293.00% 10.00%

FSDAX - Distributions

Dividend Yield Analysis

FSDAX Category Low Category High FSDAX % Rank
Dividend Yield 0.00% 0.00% 0.83% 55.00%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSDAX Category Low Category High FSDAX % Rank
Net Income Ratio 0.66% -0.43% 1.62% 26.32%

Capital Gain Distribution Analysis

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

FSDAX - Managers

Jonathan Siegmann

Manager

Start Date

Tenure

Tenure Rank

Oct 16, 2015

3.88

3.9%

Since joining Fidelity Investments in 2007, Mr. Siegmann has worked a research analyst and a portfolio manager.


Tenure Analysis

Category Low

0.25

Category High

5.85

Category Average

2.09

Category Mode

2.9