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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Environment and Alternative Energy Fund

FSLEX | Fund

$33.60

$524 M

0.76%

$0.26

0.71%

Vitals

YTD Return

1.9%

1 yr return

19.4%

3 Yr Avg Return

3.2%

5 Yr Avg Return

9.4%

Net Assets

$524 M

Holdings in Top 10

60.8%

52 WEEK LOW AND HIGH

$33.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.71%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 89.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Environment and Alternative Energy Fund

FSLEX | Fund

$33.60

$524 M

0.76%

$0.26

0.71%

FSLEX - Profile

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.33%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Environment and Alternative Energy Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Asher Anolic

Fund Description

Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services. Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. Employing sustainable investing exclusion criteria to avoid investments in issuers that are directly engaged in, and/or derive significant revenue from, certain industries. Please see "Fund Basics - Investment Details - Sustainable Investing Exclusions" for additional information.
Read More

FSLEX - Performance

Return Ranking - Trailing

Period FSLEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -19.0% 11.8% 56.76%
1 Yr 19.4% -30.2% 45.7% 48.65%
3 Yr 3.2%* -18.8% 14.6% 62.16%
5 Yr 9.4%* -8.7% 19.0% 56.76%
10 Yr 9.1%* 5.1% 12.9% 66.67%

* Annualized

Return Ranking - Calendar

Period FSLEX Return Category Return Low Category Return High Rank in Category (%)
2023 25.8% -8.7% 54.7% 21.62%
2022 -26.5% -42.9% 8.8% 75.68%
2021 20.6% -9.5% 32.9% 29.73%
2020 10.5% -14.7% 70.9% 62.16%
2019 24.1% 13.2% 39.8% 60.00%

Total Return Ranking - Trailing

Period FSLEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -19.0% 11.8% 56.76%
1 Yr 19.4% -30.2% 45.7% 48.65%
3 Yr 3.2%* -18.8% 14.6% 62.16%
5 Yr 9.4%* -8.7% 19.0% 56.76%
10 Yr 9.1%* 5.1% 12.9% 66.67%

* Annualized

Total Return Ranking - Calendar

Period FSLEX Return Category Return Low Category Return High Rank in Category (%)
2023 26.3% -7.8% 55.3% 21.62%
2022 -26.0% -39.2% 10.0% 81.08%
2021 30.4% 2.3% 33.7% 10.81%
2020 21.2% -13.6% 71.2% 29.73%
2019 26.8% 14.8% 40.9% 74.29%

NAV & Total Return History

FSLEX - Holdings

Concentration Analysis

FSLEX Category Low Category High FSLEX % Rank
Net Assets 524 M 12 M 18.3 B 56.76%
Number of Holdings 53 24 388 48.65%
Net Assets in Top 10 300 M 7.5 M 5.64 B 29.73%
Weighting of Top 10 60.82% 13.4% 77.9% 16.22%

Top 10 Holdings

  1. MICROSOFT CORP 14.56%
  2. LINDE PLC 8.54%
  3. TESLA INC 6.28%
  4. INTL BUS MACH CORP 5.99%
  5. DANAHER CORP 5.88%
  6. UNION PACIFIC CORP 4.69%
  7. EATON CORP PLC 4.65%
  8. PROLOGIS INC REIT 4.22%
  9. TRANE TECHNOLOGIES PLC 3.02%
  10. REPUBLIC SERVICES INC 2.98%

Asset Allocation

Weighting Return Low Return High FSLEX % Rank
Stocks 		99.61% 85.36% 100.04% 64.86%
Cash 		1.88% 0.14% 14.51% 48.65%
Preferred Stocks 		0.03% 0.00% 9.47% 13.51%
Other 		0.00% 0.00% 0.44% 89.19%
Convertible Bonds 		0.00% 0.00% 0.00% 83.78%
Bonds 		0.00% 0.00% 0.00% 83.78%

Stock Sector Breakdown

Weighting Return Low Return High FSLEX % Rank
Technology 		25.85% 0.00% 38.28% 10.81%
Industrials 		18.67% 9.02% 99.28% 94.59%
Consumer Cyclical 		13.60% 0.00% 60.78% 32.43%
Utilities 		12.67% 0.00% 12.67% 2.70%
Basic Materials 		11.88% 0.00% 16.73% 10.81%
Healthcare 		7.75% 0.00% 7.75% 2.70%
Real Estate 		7.67% 0.00% 7.67% 2.70%
Energy 		1.06% 0.00% 3.53% 10.81%
Financial Services 		0.86% 0.00% 19.45% 10.81%
Communication Services 		0.00% 0.00% 35.43% 91.89%
Consumer Defense 		0.00% 0.00% 3.96% 89.19%

Stock Geographic Breakdown

Weighting Return Low Return High FSLEX % Rank
US 		94.89% 22.35% 100.04% 83.78%
Non US 		4.72% 0.00% 63.01% 18.92%

FSLEX - Expenses

Operational Fees

FSLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.08% 2.39% 35.14%
Management Fee 0.69% 0.03% 0.85% 75.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.15% 0.25% N/A

Sales Fees

FSLEX 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% 1.00% N/A

Trading Fees

FSLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 100.00%

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.

FSLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 89.00% 2.00% 205.00% 65.71%

FSLEX - Distributions

Dividend Yield Analysis

FSLEX Category Low Category High FSLEX % Rank
Dividend Yield 0.76% 0.00% 7.90% 72.97%

Dividend Distribution Analysis

FSLEX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Quarterly

Net Income Ratio Analysis

FSLEX Category Low Category High FSLEX % Rank
Net Income Ratio 0.33% -1.16% 1.35% 54.05%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FSLEX - Fund Manager Analysis

Managers

Asher Anolic

Start Date

Tenure

Tenure Rank

Jul 12, 2021

0.88

0.9%

Asher Anolic is co-manager of the VIP Growth Portfolio, which he has managed since July 2017. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Anolic has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments in 2008, Mr. Anolic worked for Bear Stearns as a research analyst.

Julia Pei

Start Date

Tenure

Tenure Rank

Aug 27, 2021

0.76

0.8%

Julia Pei is co-manager of Fidelity ® Environment and Alternative Energy Fund, which she has managed since August 2021. Since joining Fidelity Investments in 2017, Ms. Pei has worked as a research analyst and portfolio manager. Prior to joining the firm, Ms. Pei served as an associate at Equity Group Investments from 2014 to 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.42 24.18 8.82 3.5

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