The Fidelity® Select Natural Resources Portfolio (FNARX) was launched on March 3, 1997, and is managed by John Dowd. As a fund focused on natural resources, it is compiled of over 85% energy stocks and 9% basic materials.

The fund focuses primarily on stocks located in the Americas and has a dividend yield of about 1.46%.

Historical Performance

Fidelity® Select Natural Resources Portfolio’s Largest Holdings

The fund’s top five holdings represent over 37% of its total portfolio. Each of its top five holdings are down during the last three months, while the fund itself is down 12.49% in the last three months.

While the price of crude oil was above $100 in June 2014, prices have fallen 20%. Energy stocks have been taking a hit over the last few months as the price of crude oil and natural gas has seen a major downfall.