Fidelity Water Sustainability Fund
Fund
FLOWX
Price as of:
$19.28
+ $0.17
+ 0.89%
Primary Theme
fund company
Name
As of 06/02/2026Price
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
Vitals
YTD Return
-2.6%
1 yr return
4.4%
3 Yr Avg Return
11.9%
5 Yr Avg Return
7.2%
Net Assets
$169 M
Holdings in Top 10
53.4%
52 WEEK LOW AND HIGH
$19.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 95.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/02/2026Price
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
FLOWX - Profile
Distributions
- YTD Total Return -2.6%
- 3 Yr Annualized Total Return 11.9%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.11%
- Dividend Yield 0.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Water Sustainability Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateApr 22, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJanet Glazer
Fund Description
Normally investing at least 80% of assets in securities of water sustainability companies. Water sustainability companies include those contained in the S&P® Global Water Index or those that, in Fidelity Management & Research Company LLC's (FMR) (the Adviser) opinion, are developing efficiencies, extending the life cycle and/or identifying affordable new technologies to deliver safe, reliable or easily accessible water. Such companies may include but are not limited to companies principally engaged in water resources, water treatment, water distribution and utilities, desalinization or purification facilities, water technologies and analytics, environmental water services and water infrastructure (pumps, valves, meters, pipes), irrigation, water conservation services, and water supply or processing services. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities based on: (i) the level of a company's assets, income, sales, or profits that are committed to, derived from, or related to the designated business activity or activities, or (ii) whether a third party has given the company an industry or sector classification consistent with the designated business activity or activities. Whether a company is principally engaged in the designated business activity or activities can be determined under any of these factors. Effective December 11, 2025, derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in equity securities.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.Investing in either "growth" stocks or "value" stocks or both.Investing in securities of domestic and foreign issuers.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.
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FLOWX - Performance
Return Ranking - Trailing
| Period | FLOWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.6% | -6.3% | 37.3% | 93.00% |
| 1 Yr | 4.4% | -7.7% | 139.5% | 90.00% |
| 3 Yr | 11.9%* | 0.0% | 42.1% | 68.69% |
| 5 Yr | 7.2%* | -4.3% | 30.9% | 62.89% |
| 10 Yr | N/A* | 3.9% | 22.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FLOWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 14.6% | -10.9% | 88.0% | 60.00% |
| 2024 | 6.1% | -20.7% | 14.1% | 6.00% |
| 2023 | 18.1% | -13.1% | 52.1% | 9.09% |
| 2022 | -20.0% | -34.9% | 34.0% | 85.57% |
| 2021 | 26.7% | -4.9% | 83.5% | 35.79% |
Total Return Ranking - Trailing
| Period | FLOWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.6% | -6.3% | 37.3% | 93.00% |
| 1 Yr | 4.4% | -7.7% | 139.5% | 90.00% |
| 3 Yr | 11.9%* | 0.0% | 42.1% | 68.69% |
| 5 Yr | 7.2%* | -4.3% | 30.9% | 62.89% |
| 10 Yr | N/A* | 3.9% | 22.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FLOWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 18.0% | -8.9% | 93.4% | 63.00% |
| 2024 | 8.8% | -19.2% | 16.4% | 7.00% |
| 2023 | 18.6% | -12.2% | 57.6% | 10.10% |
| 2022 | -19.9% | -32.2% | 35.5% | 91.75% |
| 2021 | 28.5% | 6.7% | 83.6% | 38.95% |
NAV & Total Return History
FLOWX - Holdings
Concentration Analysis
| FLOWX | Category Low | Category High | FLOWX % Rank | |
|---|---|---|---|---|
| Net Assets | 169 M | 16.2 M | 7.81 B | 83.00% |
| Number of Holdings | 44 | 28 | 718 | 75.00% |
| Net Assets in Top 10 | 93.2 M | 8.55 M | 5.38 B | 75.00% |
| Weighting of Top 10 | 53.43% | 8.8% | 78.3% | 35.00% |
Top 10 Holdings
- SEVERN TRENT PLC 7.20%
- UNITED UTILITIES GROUP PLC 6.96%
- ESSENTIAL UTILITIES INC 6.70%
- SABESP ON (CIA SANEAM BASICO) 6.09%
- PENTAIR PLC 5.58%
- WATTS WATER TECH INC CL A 4.88%
- CORE and MAIN INC 4.53%
- AMERICAN WATER WRKS COMPANY 4.28%
- ADVANCED DRAINAGE SYSTEMS INC 3.93%
- INGERSOLL RAND INC 3.28%
Asset Allocation
| Weighting | Return Low | Return High | FLOWX % Rank | |
|---|---|---|---|---|
| Stocks | 97.26% | 0.00% | 130.51% | 68.00% |
| Cash | 2.74% | 0.00% | 26.40% | 56.00% |
| Preferred Stocks | 0.00% | 0.00% | 6.10% | 87.00% |
| Other | 0.00% | -0.01% | 20.25% | 81.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.43% | 85.00% |
| Bonds | 0.00% | 0.00% | 82.21% | 86.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FLOWX % Rank | |
|---|---|---|---|---|
| Industrials | 63.67% | 0.00% | 63.67% | 1.00% |
| Utilities | 18.69% | 0.00% | 35.93% | 8.00% |
| Technology | 10.05% | 0.00% | 17.68% | 2.00% |
| Healthcare | 4.79% | 0.00% | 22.67% | 10.00% |
| Basic Materials | 2.49% | 2.49% | 100.00% | 100.00% |
| Energy | 0.31% | 0.00% | 89.67% | 73.00% |
| Real Estate | 0.00% | 0.00% | 25.29% | 90.00% |
| Financial Services | 0.00% | 0.00% | 4.52% | 86.00% |
| Communication Services | 0.00% | 0.00% | 0.00% | 84.00% |
| Consumer Defense | 0.00% | 0.00% | 33.96% | 93.00% |
| Consumer Cyclical | 0.00% | 0.00% | 43.37% | 94.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FLOWX % Rank | |
|---|---|---|---|---|
| US | 61.69% | 0.00% | 99.97% | 64.00% |
| Non US | 35.57% | 0.00% | 88.36% | 38.00% |
FLOWX - Expenses
Operational Fees
| FLOWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.92% | 0.08% | 2.99% | 50.00% |
| Management Fee | 0.82% | 0.03% | 1.00% | 66.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
| FLOWX 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
| FLOWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
| FLOWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 95.00% | 4.00% | 169.00% | 80.49% |
FLOWX - Distributions
Dividend Yield Analysis
| FLOWX | Category Low | Category High | FLOWX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.26% | 0.00% | 12.19% | 96.00% |
Dividend Distribution Analysis
| FLOWX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| FLOWX | Category Low | Category High | FLOWX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.11% | -35.65% | 6.21% | 89.90% |
Capital Gain Distribution Analysis
| FLOWX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2025 | $0.025 | OrdinaryDividend |
| Dec 19, 2025 | $0.076 | OrdinaryDividend |
| Dec 19, 2025 | $0.135 | CapitalGainShortTerm |
| Jul 11, 2025 | $0.212 | CapitalGainLongTerm |
| Jul 11, 2025 | $0.123 | OrdinaryDividend |
| Dec 20, 2024 | $0.070 | OrdinaryDividend |
| Dec 20, 2024 | $0.298 | CapitalGainLongTerm |
| Dec 20, 2024 | $0.368 | OrdinaryDividend |
| Dec 15, 2023 | $0.035 | OrdinaryDividend |
| Jul 14, 2023 | $0.032 | OrdinaryDividend |
| Dec 09, 2022 | $0.011 | OrdinaryDividend |
| Dec 10, 2021 | $0.233 | OrdinaryDividend |
| Jul 09, 2021 | $0.006 | OrdinaryDividend |
| Dec 11, 2020 | $0.190 | OrdinaryDividend |
| Jul 10, 2020 | $0.010 | OrdinaryDividend |
FLOWX - Fund Manager Analysis
Managers
Janet Glazer
Start Date
Tenure
Tenure Rank
Apr 16, 2020
2.12
2.1%
Since joining Fidelity Investments in 2011, Ms. Glazer has worked as a research analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.16 | 24.18 | 7.69 | 0.16 |