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FSPTX Fidelity® Select Technology

  • Fund
  • FSPTX
  • Price as of: May 20, 2019
  • $16.26 - $0.31 - 1.87%
  • Category
  • Technology Equities

FSPTX - Profile

Vitals

  • YTD Return 21.2%
  • 3 Yr Annualized Return 12.4%
  • 5 Yr Annualized Return 7.6%
  • Net Assets $5.75 B
  • Holdings in Top 10 55.8%

52 WEEK LOW AND HIGH

$16.26
$12.43
$19.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

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

BROKERAGE FEES

  • Turnover 126.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Technology Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 21.2%
  • 3 Yr Annualized Total Return 20.3%
  • 5 Yr Annualized Total Return 15.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.34%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Select Technology Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Jul 14, 1981
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Nidhi Gupta

Fund Description

The Fidelity Select Technology Portfolio (FSPTX) is a low-cost, actively managed portfolio specializing in the domestic technology sector. This includes investing in software, internet, e-commerce, consumer devices, hardware and other technology-related stocks. The fund uses fundamental screens to find those tech stocks that are the fastest growers and that have the potential to disrupt whole industries with their products.

With its focus on a single sector, FSPTX is best suited as a satellite position in a broad equity portfolio. The fund is managed by Fidelity.

FSPTX - Performance

Return Ranking - Trailing

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.2% -0.3% 28.6% 55.38%
1 Yr -9.1% -28.1% 15.0% 66.15%
3 Yr 12.4%* -5.2% 25.3% 57.94%
5 Yr 7.6%* -3.7% 19.0% 48.80%
10 Yr 12.4%* 2.4% 18.4% 54.55%

* Annualized


Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
2018 -24.9% -31.2% 4.3% 91.54%
2017 37.4% -15.6% 55.5% 11.54%
2016 10.2% -18.0% 32.1% 24.60%
2015 3.2% -17.6% 11.6% 29.37%
2014 -7.0% -63.5% 36.9% 86.40%

Total Return Ranking - Trailing

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.2% -0.3% 28.6% 55.38%
1 Yr -9.1% -25.3% 15.0% 80.77%
3 Yr 20.3%* 3.5% 29.0% 44.44%
5 Yr 15.1%* -2.9% 31.9% 43.20%
10 Yr 18.4%* 2.4% 25.6% 22.73%

* Annualized


Total Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.0% -31.0% 5.1% 72.31%
2017 49.7% 1.8% 55.5% 4.62%
2016 11.9% -18.0% 32.8% 28.57%
2015 7.5% -13.9% 83.1% 30.16%
2014 12.5% -63.5% 38.5% 32.00%

NAV & Total Return History

FSPTX - Holdings

Concentration Analysis

FSPTX Category Low Category High FSPTX % Rank
Net Assets 5.75 B 5.09 M 23.5 B 9.23%
Number of Holdings 96 28 321 25.38%
Net Assets in Top 10 2.99 B 865 K 11.7 B 3.08%
Weighting of Top 10 55.76% 18.2% 73.4% 15.38%

Top 10 Holdings

  1. Apple Inc 16.42%

  2. Microsoft Corp 15.93%

  3. Visa Inc Class A 5.52%

  4. Mastercard Inc A 3.54%

  5. Adobe Inc 3.12%

  6. Salesforce.com Inc 2.65%

  7. Netflix Inc 2.61%

  8. Broadcom Inc 2.10%

  9. Alphabet Inc Class C 1.97%

  10. PayPal Holdings Inc 1.91%


Asset Allocation

Weighting Return Low Return High FSPTX % Rank
Stocks
97.46% 89.31% 100.06% 77.69%
Preferred Stocks
1.51% 0.00% 1.51% 0.77%
Cash
0.58% -0.06% 10.69% 90.00%
Other
0.45% -5.30% 7.59% 11.54%
Convertible Bonds
0.00% 0.00% 0.00% 25.38%
Bonds
0.00% 0.00% 0.08% 26.15%

Stock Sector Breakdown

Weighting Return Low Return High FSPTX % Rank
Technology
76.33% 6.21% 97.88% 51.54%
Financial Services
11.50% 0.00% 39.57% 16.15%
Industrials
4.98% 0.00% 22.31% 27.69%
Consumer Cyclical
4.56% 0.00% 27.37% 62.31%
Healthcare
0.03% 0.00% 35.13% 41.54%
Utilities
0.00% 0.00% 0.67% 30.00%
Real Estate
0.00% 0.00% 4.08% 42.31%
Energy
0.00% 0.00% 0.95% 25.38%
Communication Services
0.00% 0.00% 93.37% 56.92%
Consumer Defense
0.00% 0.00% 8.37% 31.54%
Basic Materials
0.00% 0.00% 0.95% 29.23%

Stock Geographic Breakdown

Weighting Return Low Return High FSPTX % Rank
US
95.33% 2.03% 98.87% 6.92%
Non US
2.13% 0.65% 96.38% 91.54%

FSPTX - Expenses

Operational Fees

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.10% 3.70% 96.15%
Management Fee 0.54% 0.09% 1.50% 10.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 2.00% 57.58%

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.

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 126.00% 1.00% 643.00% 84.62%

FSPTX - Distributions

Dividend Yield Analysis

FSPTX Category Low Category High FSPTX % Rank
Dividend Yield 0.00% 0.00% 0.02% 31.54%

Dividend Distribution Analysis

FSPTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FSPTX Category Low Category High FSPTX % Rank
Net Income Ratio 0.34% -2.16% 2.30% 9.23%

Capital Gain Distribution Analysis

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

FSPTX - Managers

Nidhi Gupta

Manager

Start Date

Tenure

Tenure Rank

Jul 15, 2018

0.79

0.8%

Nidhi Gupta has joined Fidelity Investments in 2008 and worked as an equity research analyst and portfolio manager.


Tenure Analysis

Category Low

0.08

Category High

29.35

Category Average

8.37

Category Mode

5.17