FSELX: Fidelity® Select Semiconductors

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FSELX Fidelity® Select Semiconductors


Profile

FSELX - Profile

Vitals

  • YTD Return -1.0%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 9.9%
  • Net Assets $4 B
  • Holdings in Top 10 71.2%

52 WEEK LOW AND HIGH

$12.39
$7.97
$13.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

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

BROKERAGE FEES

  • Turnover 114.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return 12.4%
  • 5 Yr Annualized Total Return 17.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity® Select Semiconductors Portfolio
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jul 29, 1985
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Adam Benjamin

Fund Description

The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.


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Categories

Performance

FSELX - Performance

Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -17.1% 62.2% 92.18%
1 Yr 23.7% -16.9% 64.3% 49.43%
3 Yr 6.3%* -24.6% 34.2% 81.88%
5 Yr 9.9%* -15.9% 25.7% 58.33%
10 Yr 12.3%* -1.4% 20.1% 49.54%

* Annualized

Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
2019 59.1% -3.0% 62.7% 5.20%
2018 -29.6% -49.7% 4.3% 96.93%
2017 17.0% -17.3% 55.5% 90.85%
2016 26.4% -17.1% 32.1% 3.47%
2015 -10.8% -17.6% 11.6% 93.75%

Total Return Ranking - Trailing

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -17.1% 62.2% 92.18%
1 Yr 23.7% -16.9% 64.3% 49.43%
3 Yr 12.4%* -24.6% 38.6% 68.13%
5 Yr 17.5%* -15.9% 33.0% 47.22%
10 Yr 17.3%* -1.4% 24.4% 33.03%

* Annualized

Total Return Ranking - Calendar

Period FSELX Return Category Return Low Category Return High Rank in Category (%)
2019 59.1% -3.0% 62.7% 5.20%
2018 -25.4% -49.7% 5.1% 93.25%
2017 34.8% -17.3% 55.5% 45.75%
2016 32.3% -17.1% 32.8% 2.08%
2015 3.3% -13.9% 83.1% 59.72%

NAV & Total Return History


Holdings

FSELX - Holdings

Concentration Analysis

FSELX Category Low Category High FSELX % Rank
Net Assets 4 B 75.8 K 36.9 B 19.47%
Number of Holdings 37 22 388 82.11%
Net Assets in Top 10 2.65 B 33.5 K 19.7 B 12.11%
Weighting of Top 10 71.15% 17.0% 88.1% 4.74%

Top 10 Holdings

  1. NVIDIA Corp 14.20%
  2. Intel Corp 13.09%
  3. Broadcom Inc 8.85%
  4. Qualcomm Inc 7.69%
  5. Micron Technology Inc 5.81%
  6. Marvell Technology Group Ltd 4.78%
  7. NXP Semiconductors NV 4.68%
  8. Xilinx Inc 4.50%
  9. Microchip Technology Inc 4.00%
  10. ON Semiconductor Corp 3.54%

Asset Allocation

Weighting Return Low Return High FSELX % Rank
Stocks
96.16% 66.31% 100.12% 63.16%
Cash
3.75% -0.12% 33.69% 36.32%
Convertible Bonds
0.09% 0.00% 0.09% 1.58%
Preferred Stocks
0.00% 0.00% 0.70% 53.68%
Other
0.00% -2.95% 11.17% 51.58%
Bonds
0.00% 0.00% 1.50% 56.32%

Stock Sector Breakdown

Weighting Return Low Return High FSELX % Rank
Technology
99.18% 27.29% 99.18% 1.58%
Industrials
0.82% 0.00% 48.39% 64.21%
Utilities
0.00% 0.00% 5.23% 48.95%
Real Estate
0.00% 0.00% 10.71% 73.16%
Healthcare
0.00% 0.00% 33.60% 83.16%
Financial Services
0.00% 0.00% 42.12% 88.42%
Energy
0.00% 0.00% 0.83% 51.05%
Communication Services
0.00% 0.00% 39.87% 97.37%
Consumer Defense
0.00% 0.00% 10.34% 58.95%
Consumer Cyclical
0.00% 0.00% 31.80% 95.26%
Basic Materials
0.00% 0.00% 3.58% 55.26%

Stock Geographic Breakdown

Weighting Return Low Return High FSELX % Rank
US
81.95% 37.80% 98.68% 65.79%
Non US
14.21% 0.56% 59.72% 30.53%

Expenses

FSELX - Expenses

Operational Fees

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.10% 26.92% 93.75%
Management Fee 0.54% 0.00% 1.95% 13.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 80.00%

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.

FSELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 114.00% 0.00% 732.00% 88.07%

Distributions

FSELX - Distributions

Dividend Yield Analysis

FSELX Category Low Category High FSELX % Rank
Dividend Yield 0.00% 0.00% 8.28% 50.00%

Dividend Distribution Analysis

FSELX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

FSELX Category Low Category High FSELX % Rank
Net Income Ratio 0.85% -2.08% 1.95% 6.25%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FSELX - Fund Manager Analysis

Managers

Adam Benjamin


Start Date

Tenure

Tenure Rank

Mar 16, 2020

0.29

0.3%

Adam Benjamin is a global sector leader/analyst at Fidelity Institutional Asset Management (FIAM). In this role, he manages the Information Technology sleeve of the FIAM sector strategies and analyzes stocks for the broader, diversified portfolio management team. Mr. Benjamin assumed his current role in 2014 and has been following the Technology sector for over 15 years. Mr. Benjamin earned his bachelor of arts degree from Cornell University and his juris doctor degree, cum laude, from Suffolk University Law School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.52 6.94 0.21