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FSESX Fidelity® Select Energy Service Port

  • Fund
  • FSESX
  • Price as of: Jul 15, 2019
  • $26.17 - $0.46 - 1.73%
  • Category
  • Energy Equities

FSESX - Profile

Vitals

  • YTD Return 4.4%
  • 3 Yr Annualized Return -16.5%
  • 5 Yr Annualized Return -22.9%
  • Net Assets $244 M
  • Holdings in Top 10 66.0%

52 WEEK LOW AND HIGH

$26.17
$23.81
$46.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

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

BROKERAGE FEES

  • Turnover 80.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Energy Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return -14.3%
  • 5 Yr Annualized Total Return -19.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Select Energy Service Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 16, 1985
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Maurice FitzMaurice

Fund Description

The Fidelity Select Energy Service Portfolio (FSESX) is an actively managed fund focusing on the oil services subsector of the energy industry. FSESX focuses its attention on firms that provide drilling equipment, consulting, construction and well completion services to the industry. The fund’s managers use fundamental analysis when selecting stocks for its portfolio. FSESX can own both domestic and international oil service stocks.

Given its focus on a higher-risk subsector of the equity markets, FSESX is best suited as a small satellite position in a broad portfolio. The fund is internally managed by Fidelity.

FSESX - Performance

Return Ranking - Trailing

Period FSESX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -0.9% 34.9% 55.56%
1 Yr -42.1% -47.0% 11.6% 93.65%
3 Yr -16.5%* -23.1% 47.3% 88.89%
5 Yr -22.9%* -26.4% 13.4% 91.38%
10 Yr -5.9%* -9.4% 12.6% 72.34%

* Annualized


Return Ranking - Calendar

Period FSESX Return Category Return Low Category Return High Rank in Category (%)
2018 -44.7% -47.0% -15.6% 93.65%
2017 -18.7% -39.4% 27.9% 87.30%
2016 36.0% -17.2% 420.6% 12.70%
2015 -27.1% -61.4% -3.3% 49.21%
2014 -33.7% -39.7% -0.2% 94.34%

Total Return Ranking - Trailing

Period FSESX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -0.9% 34.9% 55.56%
1 Yr -42.1% -47.0% 11.6% 93.65%
3 Yr -14.3%* -22.9% 47.3% 93.65%
5 Yr -19.8%* -26.4% 13.4% 93.10%
10 Yr -3.6%* -9.4% 12.6% 72.34%

* Annualized


Total Return Ranking - Calendar

Period FSESX Return Category Return Low Category Return High Rank in Category (%)
2018 -44.7% -47.0% -15.5% 93.65%
2017 -12.5% -20.6% 29.6% 80.95%
2016 36.6% -17.2% 420.6% 12.70%
2015 -26.4% -57.0% -2.7% 49.21%
2014 -23.2% -30.0% 3.9% 86.79%

NAV & Total Return History

FSESX - Holdings

Concentration Analysis

FSESX Category Low Category High FSESX % Rank
Net Assets 244 M 5.74 M 8.02 B 33.33%
Number of Holdings 43 28 176 60.32%
Net Assets in Top 10 161 M 2.81 M 3.57 B 22.22%
Weighting of Top 10 65.99% 10.1% 66.2% 6.35%

Top 10 Holdings

  1. Schlumberger Ltd 17.33%

  2. Baker Hughes, a GE Co Class A 12.68%

  3. Halliburton Co 12.23%

  4. Shelf Drilling Ltd 4.51%

  5. Nabors Industries Ltd 3.69%

  6. National Energy Services Reunited Corp 3.53%

  7. Patterson-UTI Energy Inc 3.45%

  8. Oceaneering International Inc 3.16%

  9. TechnipFMC PLC 2.74%

  10. ProPetro Holding Corp 2.66%


Asset Allocation

Weighting Return Low Return High FSESX % Rank
Stocks
98.76% 89.42% 100.00% 33.33%
Cash
1.24% 0.00% 6.06% 69.84%
Preferred Stocks
0.00% 0.00% 0.02% 49.21%
Other
0.00% -2.33% 0.03% 42.86%
Convertible Bonds
0.00% 0.00% 0.00% 49.21%
Bonds
0.00% 0.00% 8.31% 55.56%

Stock Sector Breakdown

Weighting Return Low Return High FSESX % Rank
Energy
93.81% 0.00% 98.40% 55.56%
Industrials
4.07% 0.00% 55.42% 17.46%
Basic Materials
0.87% 0.00% 45.14% 49.21%
Utilities
0.00% 0.00% 24.54% 63.49%
Technology
0.00% 0.00% 45.64% 63.49%
Real Estate
0.00% 0.00% 0.60% 55.56%
Healthcare
0.00% 0.00% 7.98% 53.97%
Financial Services
0.00% 0.00% 0.53% 50.79%
Communication Services
0.00% 0.00% 0.00% 49.21%
Consumer Defense
0.00% 0.00% 6.54% 53.97%
Consumer Cyclical
0.00% 0.00% 8.46% 60.32%

Stock Geographic Breakdown

Weighting Return Low Return High FSESX % Rank
US
88.39% 29.31% 99.40% 39.68%
Non US
10.37% 0.00% 68.26% 66.67%

FSESX - Expenses

Operational Fees

FSESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.10% 2.59% 92.06%
Management Fee 0.54% 0.09% 1.53% 12.70%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FSESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 2.00% 68.75%

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.

FSESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 80.00% 5.00% 1830.00% 74.60%

FSESX - Distributions

Dividend Yield Analysis

FSESX Category Low Category High FSESX % Rank
Dividend Yield 0.01% 0.00% 0.05% 42.86%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSESX Category Low Category High FSESX % Rank
Net Income Ratio 0.65% -1.28% 2.56% 46.03%

Capital Gain Distribution Analysis

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

FSESX - Managers

Maurice FitzMaurice

Manager

Start Date

Tenure

Tenure Rank

Sep 01, 2018

0.83

0.8%

Since joining Fidelity Investments in 1998, Mr. Fitzmaurice has worked as research analyst and portfolio manager.


Tenure Analysis

Category Low

5.4

Category High

5.4

Category Average

5.4

Category Mode

5.4