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Fidelity® Select Semiconductors
- FSELX
- Price as of: Oct 26, 2020
-
$14.40
N/A N/A
- Primary Theme
- Technology Sector Equity
- Fund Company
- Fidelity Investments
- Share Class
FSELX - Snapshot
Vitals
- YTD Return 12.5%
- 3 Yr Annualized Return 23.6%
- 5 Yr Annualized Return 27.6%
- Net Assets $4.22 B
- Holdings in Top 10 71.4%
52 WEEK LOW AND HIGH
$14.40
$7.97
$14.84
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.72%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 114.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $2,500
Fund Classification
-
Primary Theme
Technology Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Technology
Compare FSELX to Popular Technology Sector Equity Funds and ETFs
Overview
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Vanguard Information Technology Index Fund
VGT | ETF |
$311.72
-2.16%
$41.47 B
0.85%
$2.72
27.88%
0.10%
FSELX - Profile
Distributions
- YTD Total Return 12.5%
- 3 Yr Annualized Total Return 23.6%
- 5 Yr Annualized Total Return 27.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity® Select Semiconductors Portfolio
-
Fund Family NameFidelity Investments
-
Inception DateJul 29, 1985
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAdam Benjamin
Fund Description
The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. 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.
FSELX - Performance
Return Ranking - Trailing
| Period | FSELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.5% | -11.0% | 105.2% | 88.98% |
| 1 Yr | 41.0% | -11.6% | 123.1% | 60.52% |
| 3 Yr | 23.6%* | -14.4% | 45.6% | 44.55% |
| 5 Yr | 27.6%* | -8.3% | 43.2% | 16.15% |
| 10 Yr | 21.2%* | 2.5% | 22.8% | 4.49% |
* Annualized
Return Ranking - Calendar
| Period | FSELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 59.1% | -3.0% | 63.7% | 5.83% |
| 2018 | -29.6% | -49.7% | 16.4% | 97.46% |
| 2017 | 17.0% | -17.3% | 83.6% | 90.48% |
| 2016 | 26.4% | -17.1% | 43.0% | 5.78% |
| 2015 | -10.8% | -46.9% | 21.7% | 92.94% |
Total Return Ranking - Trailing
| Period | FSELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.5% | -11.0% | 101.8% | 88.98% |
| 1 Yr | 41.0% | -15.7% | 123.1% | 55.36% |
| 3 Yr | 23.6%* | -14.4% | 45.6% | 41.58% |
| 5 Yr | 27.6%* | -8.3% | 43.2% | 14.58% |
| 10 Yr | 21.2%* | 2.5% | 22.8% | 4.49% |
* Annualized
Total Return Ranking - Calendar
| Period | FSELX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 59.1% | -3.0% | 63.7% | 5.83% |
| 2018 | -25.4% | -49.7% | 16.4% | 93.91% |
| 2017 | 34.8% | -17.3% | 83.6% | 46.03% |
| 2016 | 32.3% | -17.1% | 43.0% | 4.05% |
| 2015 | 3.3% | -13.9% | 83.1% | 57.06% |
NAV & Total Return History
FSELX - Holdings
Concentration Analysis
| FSELX | Category Low | Category High | FSELX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.22 B | 2.75 M | 41.5 B | 17.37% |
| Number of Holdings | 40 | 21 | 352 | 76.77% |
| Net Assets in Top 10 | 3.02 B | 812 K | 25.1 B | 10.24% |
| Weighting of Top 10 | 71.42% | 7.0% | 88.1% | 3.15% |
Top 10 Holdings
- NVIDIA Corp 22.92%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
- NVIDIA Corp 18.30%
Asset Allocation
| Weighting | Return Low | Return High | FSELX % Rank | |
|---|---|---|---|---|
| Stocks | 98.92% | 75.90% | 100.57% | 48.03% |
| Cash | 1.00% | -0.63% | 24.10% | 54.33% |
| Convertible Bonds | 0.08% | 0.00% | 0.08% | 0.39% |
| Preferred Stocks | 0.00% | 0.00% | 0.65% | 61.02% |
| Other | 0.00% | -2.18% | 9.76% | 57.87% |
| Bonds | 0.00% | 0.00% | 2.72% | 60.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSELX % Rank | |
|---|---|---|---|---|
| Technology | 99.31% | 1.84% | 100.00% | 3.15% |
| Industrials | 0.69% | 0.00% | 46.26% | 56.69% |
| Utilities | 0.00% | 0.00% | 5.11% | 58.66% |
| Real Estate | 0.00% | 0.00% | 9.66% | 75.59% |
| Healthcare | 0.00% | 0.00% | 33.97% | 81.89% |
| Financial Services | 0.00% | 0.00% | 42.85% | 85.83% |
| Energy | 0.00% | 0.00% | 0.91% | 57.09% |
| Communication Services | 0.00% | 0.00% | 98.07% | 95.67% |
| Consumer Defense | 0.00% | 0.00% | 20.73% | 65.35% |
| Consumer Cyclical | 0.00% | 0.00% | 42.46% | 91.34% |
| Basic Materials | 0.00% | 0.00% | 7.26% | 64.17% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSELX % Rank | |
|---|---|---|---|---|
| US | 84.87% | 26.08% | 99.95% | 48.43% |
| Non US | 14.05% | 0.00% | 73.33% | 50.00% |
FSELX - Expenses
Operational Fees
| FSELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.08% | 26.92% | 69.01% |
| Management Fee | 0.54% | 0.00% | 1.95% | 30.89% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.04% | 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 | N/A | 1.00% | 2.00% | 80.00% |
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 | 114.00% | 0.00% | 359.00% | 84.58% |
FSELX - Distributions
Dividend Yield Analysis
| FSELX | Category Low | Category High | FSELX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.93% | 66.54% |
Dividend Distribution Analysis
| FSELX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| FSELX | Category Low | Category High | FSELX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.85% | -2.08% | 2.59% | 15.57% |
Capital Gain Distribution Analysis
| FSELX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 13, 2017 | $0.024 |
| Apr 14, 2014 | $0.005 |
| Dec 09, 2013 | $0.032 |
| Apr 15, 2013 | $0.000 |
| Dec 28, 2012 | $0.000 |
| Dec 10, 2012 | $0.015 |
| Dec 05, 2011 | $0.005 |
| Apr 07, 2011 | $0.001 |
| Dec 31, 2010 | $0.001 |
| Dec 06, 2010 | $0.004 |
| Apr 12, 2010 | $0.007 |
| Dec 07, 2009 | $0.026 |
| Apr 20, 2009 | $0.008 |
| Dec 08, 2008 | $0.019 |
| Dec 10, 2007 | $0.015 |
| Apr 16, 2007 | $0.002 |
| Dec 04, 2006 | $0.030 |
| Jun 15, 1992 | $0.032 |
| Dec 07, 1990 | $0.001 |
FSELX - Fund Manager Analysis
Managers
Adam Benjamin
Start Date
Tenure
Tenure Rank
Mar 16, 2020
0.54
0.5%
Adam Benjamin is a co-manager of Semiconductors Portfolio, which he has managed since March 2020. He also manages other funds Since joining Fidelity Investments in 2011, Mr. Benjamin has worked as a research analyst and portfolio manager.Mr. Benjamin assumed his current role in 2014 and has been following the Technology sector for over 15 years.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 30.77 | 6.07 | 0.46 |
