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FSELX Fidelity® Select Semiconductors

  • Fund
  • FSELX
  • Price as of: Sep 17, 2019
  • $11.04 - $0.02 - 0.18%

FSELX - Profile

Vitals

  • YTD Return 40.3%
  • 3 Yr Annualized Return 7.4%
  • 5 Yr Annualized Return 6.2%
  • Net Assets $3.24 B
  • Holdings in Top 10 63.0%

52 WEEK LOW AND HIGH

$11.04
$7.25
$11.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.73%

SALES FEES

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

BROKERAGE FEES

  • Turnover 130.00%

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 Technology

Distributions

  • YTD Total Return 40.3%
  • 3 Yr Annualized Total Return 15.3%
  • 5 Yr Annualized Total Return 15.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Semiconductors 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 Stephen Barwikowski

Fund Description

The Fidelity Select Electronics Portfolio (FSELX) is a low-cost, actively managed fund focused on the technology sector. FSELX focuses its holdings and assets on those stocks that manufacture or distribute electronic devices. These include semiconductors, printed circuit boards, equipment vendors and computer manufacturers. The fund is actively managed and analyzes various growth metrics. FSELX can also invest in international stocks.

With such a narrow mandate, FSELX is best suited as a tactical position within a broader equity portfolio. The fund is internally managed by Fidelity.

FSELX - Performance

Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
YTD 40.3% -6.3% 40.5% 1.75%
1 Yr -1.3% -35.8% 17.3% 43.20%
3 Yr 7.4%* -34.3% 22.4% 73.65%
5 Yr 6.2%* -22.6% 18.4% 54.23%
10 Yr 11.2%* -4.3% 16.5% 36.11%

* Annualized


Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
2018 -29.6% -49.7% 4.3% 96.89%
2017 17.0% -17.3% 55.5% 90.73%
2016 26.4% -17.1% 32.1% 3.52%
2015 -10.8% -17.6% 11.6% 93.66%
2014 34.3% -63.5% 36.9% 3.55%

Total Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
YTD 40.3% -6.3% 40.5% 1.75%
1 Yr -1.3% -35.8% 17.3% 57.40%
3 Yr 15.3%* -34.3% 25.7% 51.35%
5 Yr 15.6%* -22.6% 28.7% 26.76%
10 Yr 16.3%* -4.3% 23.0% 17.59%

* Annualized


Total Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.4% -49.7% 5.1% 93.17%
2017 34.8% -17.3% 55.5% 45.70%
2016 32.3% -17.1% 32.8% 2.11%
2015 3.3% -13.9% 83.1% 60.56%
2014 38.5% -63.5% 38.5% 0.71%

NAV & Total Return History

FSELX - Holdings

Concentration Analysis

FSELX Category Low Category High FSELX % Rank
Net Assets 3.24 B 1.14 M 23.2 B 18.50%
Number of Holdings 54 22 331 64.16%
Net Assets in Top 10 2.14 B 866 K 12.7 B 14.45%
Weighting of Top 10 63.04% 17.8% 84.0% 6.36%

Top 10 Holdings

  1. Intel Corp 11.76%

  2. Broadcom Inc 9.16%

  3. Qualcomm Inc 8.96%

  4. Marvell Technology Group Ltd 5.60%

  5. Micron Technology Inc 5.59%

  6. NVIDIA Corp 5.48%

  7. Lam Research Corp 4.73%

  8. NXP Semiconductors NV 4.30%

  9. ON Semiconductor Corp 3.79%

  10. Applied Materials Inc 3.67%


Asset Allocation

Weighting Return Low Return High FSELX % Rank
Stocks
96.86% 72.03% 99.75% 65.32%
Cash
3.14% 0.00% 27.97% 29.48%
Preferred Stocks
0.00% 0.00% 1.00% 75.14%
Other
0.00% -2.93% 6.18% 68.79%
Convertible Bonds
0.00% 0.00% 0.18% 69.36%
Bonds
0.00% 0.00% 0.66% 71.68%

Stock Sector Breakdown

Weighting Return Low Return High FSELX % Rank
Technology
96.47% 33.53% 98.21% 5.78%
Consumer Cyclical
0.32% 0.00% 31.80% 87.86%
Utilities
0.07% 0.00% 3.82% 8.09%
Real Estate
0.00% 0.00% 7.81% 78.61%
Industrials
0.00% 0.00% 28.26% 93.06%
Healthcare
0.00% 0.00% 33.81% 83.24%
Financial Services
0.00% 0.00% 38.57% 94.80%
Energy
0.00% 0.00% 1.50% 69.36%
Communication Services
0.00% 0.00% 6.28% 86.71%
Consumer Defense
0.00% 0.00% 3.23% 78.61%
Basic Materials
0.00% 0.00% 7.48% 73.99%

Stock Geographic Breakdown

Weighting Return Low Return High FSELX % Rank
US
78.45% 34.14% 98.87% 80.35%
Non US
18.41% 0.00% 63.79% 16.76%

FSELX - Expenses

Operational Fees

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.10% 166.12% 94.74%
Management Fee 0.54% 0.09% 1.95% 14.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FSELX 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

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 2.00% 90.00%

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.

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 130.00% 1.00% 732.00% 86.13%

FSELX - Distributions

Dividend Yield Analysis

FSELX Category Low Category High FSELX % Rank
Dividend Yield 0.00% 0.00% 0.74% 68.79%

Dividend Distribution Analysis

FSELX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FSELX Category Low Category High FSELX % Rank
Net Income Ratio 0.92% -2.16% 1.10% 1.17%

Capital Gain Distribution Analysis

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

FSELX - Managers

Stephen Barwikowski

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2009

10.67

10.7%

Stephen Barwikowski is a portfolio manager with Fidelity. Since joining Fidelity Investments in 1999, Mr. Barwikowski has worked as both a research associate and research analyst in FMRCo's High Income division.


Tenure Analysis

Category Low

0.17

Category High

29.68

Category Average

8.02

Category Mode

5.51