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Fund of the Week: Fidelity Telecom and Utilities (FIUIX)

Shauna O'Brien

|

Business news and graphs
So far in 2015, the telecommunications and utilities industries have been steady performers, as many investors have been piling into yield friendly, conservative stocks. While these industries are not typically growth industries, they offer some of the highest yields for income-focused investors.

Inside the Fund

The fund was launched in 1987 and is managed by Douglas Simmons. Currently, it has about $988 million in assets under management (AUM).

For income investors, this fund offers a dividend yield of about 2.4%. Around 54% of its holdings are in the utility sector, while 37% are in the communications sector and 9% are in the energy sector.

Historical Performance

2010 2011 2012 2013 2014
17.33% 11.87% 10.07% 20.50% 13.30%
Largest Holdings

Approximately 40% of the fund’s portfolio is in its top five holdings.

Symbol Stock Portfolio Weight YTD Performance
VZ Verizon 13% +4.6%
NEE NextEra Energy 8.72% -1.5%
D Dominion Resources 6.73% -4%
SRE Sempra Energy 5.90% -3.5
EXC Exelon 5.66% -9.5

The Bottom Line

This fund combines two of the most conservative, dividend friendly industries. For more information on dividends and mutual funds, check out Dividend Reinvesting Explained for Mutual Fund Investors.

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Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

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Business news and graphs

Fund of the Week: Fidelity Telecom and Utilities (FIUIX)

Shauna O'Brien

|

So far in 2015, the telecommunications and utilities industries have been steady performers, as many investors have been piling into yield friendly, conservative stocks. While these industries are not typically growth industries, they offer some of the highest yields for income-focused investors.

Inside the Fund

The fund was launched in 1987 and is managed by Douglas Simmons. Currently, it has about $988 million in assets under management (AUM).

For income investors, this fund offers a dividend yield of about 2.4%. Around 54% of its holdings are in the utility sector, while 37% are in the communications sector and 9% are in the energy sector.

Historical Performance

2010 2011 2012 2013 2014
17.33% 11.87% 10.07% 20.50% 13.30%
Largest Holdings

Approximately 40% of the fund’s portfolio is in its top five holdings.

Symbol Stock Portfolio Weight YTD Performance
VZ Verizon 13% +4.6%
NEE NextEra Energy 8.72% -1.5%
D Dominion Resources 6.73% -4%
SRE Sempra Energy 5.90% -3.5
EXC Exelon 5.66% -9.5

The Bottom Line

This fund combines two of the most conservative, dividend friendly industries. For more information on dividends and mutual funds, check out Dividend Reinvesting Explained for Mutual Fund Investors.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Read Next

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