Fidelity Environment and Alternative Energy Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.9%
1 yr return
29.5%
3 Yr Avg Return
23.8%
5 Yr Avg Return
11.9%
Net Assets
$673 M
Holdings in Top 10
43.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.68%
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 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FSLEX - Profile
Distributions
- YTD Total Return 11.9%
- 3 Yr Annualized Total Return 23.8%
- 5 Yr Annualized Total Return 11.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.33%
- Dividend Yield 0.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Environment and Alternative Energy Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAsher Anolic
Fund Description
FSLEX - Performance
Return Ranking - Trailing
| Period | FSLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | 0.7% | 58.0% | 52.78% |
| 1 Yr | 29.5% | 4.1% | 151.9% | 58.33% |
| 3 Yr | 23.8%* | 6.8% | 48.8% | 41.67% |
| 5 Yr | 11.9%* | -2.0% | 25.5% | 55.56% |
| 10 Yr | 14.3%* | 8.6% | 21.7% | 31.03% |
* Annualized
Return Ranking - Calendar
| Period | FSLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 19.9% | 5.4% | 66.5% | 47.22% |
| 2024 | 19.5% | -18.5% | 33.2% | 22.22% |
| 2023 | 25.8% | -8.7% | 54.7% | 22.22% |
| 2022 | -26.5% | -42.9% | 8.8% | 75.00% |
| 2021 | 20.6% | -8.0% | 32.9% | 30.56% |
Total Return Ranking - Trailing
| Period | FSLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | 0.7% | 58.0% | 52.78% |
| 1 Yr | 29.5% | 4.1% | 151.9% | 58.33% |
| 3 Yr | 23.8%* | 6.8% | 48.8% | 41.67% |
| 5 Yr | 11.9%* | -2.0% | 25.5% | 55.56% |
| 10 Yr | 14.3%* | 8.6% | 21.7% | 31.03% |
* Annualized
Total Return Ranking - Calendar
| Period | FSLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 20.4% | 6.3% | 67.4% | 52.78% |
| 2024 | 20.0% | -17.9% | 33.4% | 36.11% |
| 2023 | 26.3% | -7.8% | 55.3% | 22.22% |
| 2022 | -26.0% | -39.2% | 10.0% | 80.56% |
| 2021 | 30.4% | 2.3% | 33.7% | 11.11% |
NAV & Total Return History
FSLEX - Holdings
Concentration Analysis
| FSLEX | Category Low | Category High | FSLEX % Rank | |
|---|---|---|---|---|
| Net Assets | 673 M | 6.36 M | 30.1 B | 58.33% |
| Number of Holdings | 69 | 26 | 390 | 47.22% |
| Net Assets in Top 10 | 281 M | 2.84 M | 11.2 B | 52.78% |
| Weighting of Top 10 | 43.56% | 12.6% | 74.9% | 50.00% |
Top 10 Holdings
- TESLA INC 8.34%
- MICROSOFT CORP 7.00%
- CISCO SYSTEMS INC 3.95%
- PROLOGIS INC REIT 3.58%
- LINDE PLC 3.50%
- NXP SEMICONDUCTORS NV 3.49%
- EATON CORP PLC 3.47%
- NEXTERA ENERGY INC 3.43%
- SIEMENS ENERGY AG 3.42%
- ANALOG DEVICES INC 3.38%
Asset Allocation
| Weighting | Return Low | Return High | FSLEX % Rank | |
|---|---|---|---|---|
| Stocks | 98.57% | 75.39% | 100.06% | 77.78% |
| Cash | 1.86% | 0.06% | 23.99% | 52.78% |
| Preferred Stocks | 0.01% | 0.00% | 3.74% | 11.11% |
| Other | 0.00% | 0.00% | 1.01% | 77.78% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 72.22% |
| Bonds | 0.00% | 0.00% | 0.00% | 72.22% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSLEX % Rank | |
|---|---|---|---|---|
| Technology | 25.85% | 0.00% | 38.28% | 11.11% |
| Industrials | 18.67% | 9.02% | 99.28% | 94.44% |
| Consumer Cyclical | 13.60% | 0.00% | 60.78% | 33.33% |
| Utilities | 12.67% | 0.00% | 12.67% | 2.78% |
| Basic Materials | 11.88% | 0.00% | 16.73% | 11.11% |
| Healthcare | 7.75% | 0.00% | 7.75% | 2.78% |
| Real Estate | 7.67% | 0.00% | 7.67% | 2.78% |
| Energy | 1.06% | 0.00% | 3.53% | 11.11% |
| Financial Services | 0.86% | 0.00% | 19.45% | 11.11% |
| Communication Services | 0.00% | 0.00% | 35.43% | 77.78% |
| Consumer Defense | 0.00% | 0.00% | 3.96% | 77.78% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSLEX % Rank | |
|---|---|---|---|---|
| US | 93.24% | 17.64% | 100.06% | 69.44% |
| Non US | 5.33% | 0.00% | 77.97% | 25.00% |
FSLEX - Expenses
Operational Fees
| FSLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.08% | 2.43% | 44.44% |
| Management Fee | 0.66% | 0.03% | 0.85% | 63.89% |
| 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% | 67.65% |
FSLEX - Distributions
Dividend Yield Analysis
| FSLEX | Category Low | Category High | FSLEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.07% | 0.00% | 7.61% | 72.22% |
Dividend Distribution Analysis
| FSLEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| FSLEX | Category Low | Category High | FSLEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.33% | -1.16% | 1.35% | 55.56% |
Capital Gain Distribution Analysis
| FSLEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 10, 2026 | $0.019 | OrdinaryDividend |
| Apr 10, 2026 | $0.650 | CapitalGainLongTerm |
| Dec 26, 2025 | $0.175 | OrdinaryDividend |
| Dec 26, 2024 | $0.153 | OrdinaryDividend |
| Apr 12, 2024 | $0.010 | OrdinaryDividend |
| Dec 21, 2023 | $0.129 | OrdinaryDividend |
| Dec 16, 2022 | $0.182 | OrdinaryDividend |
| Dec 17, 2021 | $2.742 | OrdinaryDividend |
| Apr 09, 2021 | $0.019 | OrdinaryDividend |
| Dec 18, 2020 | $0.165 | OrdinaryDividend |
| Apr 08, 2020 | $1.731 | OrdinaryDividend |
| Dec 20, 2019 | $0.182 | OrdinaryDividend |
| Apr 12, 2019 | $0.048 | OrdinaryDividend |
| Apr 12, 2019 | $0.351 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.147 | OrdinaryDividend |
| Dec 14, 2018 | $0.583 | CapitalGainLongTerm |
| Apr 11, 2018 | $0.068 | OrdinaryDividend |
| Apr 11, 2018 | $0.150 | CapitalGainShortTerm |
| Apr 11, 2018 | $0.430 | CapitalGainLongTerm |
| Dec 01, 2017 | $0.174 | OrdinaryDividend |
| Dec 01, 2017 | $0.374 | CapitalGainShortTerm |
| Dec 01, 2017 | $0.366 | CapitalGainLongTerm |
| Apr 12, 2017 | $0.045 | OrdinaryDividend |
| Apr 12, 2017 | $0.121 | CapitalGainShortTerm |
| Apr 12, 2017 | $0.600 | CapitalGainLongTerm |
| Dec 02, 2016 | $0.121 | OrdinaryDividend |
| Dec 02, 2016 | $0.130 | CapitalGainLongTerm |
| Apr 15, 2016 | $0.039 | OrdinaryDividend |
| Dec 07, 2015 | $0.120 | OrdinaryDividend |
| Apr 13, 2015 | $0.439 | CapitalGainLongTerm |
| Apr 13, 2015 | $0.011 | OrdinaryDividend |
| Dec 08, 2014 | $2.723 | CapitalGainLongTerm |
| Dec 08, 2014 | $0.141 | OrdinaryDividend |
| Apr 14, 2014 | $0.026 | CapitalGainShortTerm |
| Apr 14, 2014 | $0.003 | OrdinaryDividend |
| Dec 09, 2013 | $0.143 | OrdinaryDividend |
| Apr 15, 2013 | $0.030 | OrdinaryDividend |
| Dec 10, 2012 | $0.145 | OrdinaryDividend |
| Apr 16, 2012 | $0.002 | OrdinaryDividend |
| Dec 05, 2011 | $0.183 | OrdinaryDividend |
| Apr 18, 2011 | $0.005 | OrdinaryDividend |
| Dec 06, 2010 | $0.070 | OrdinaryDividend |
| Dec 07, 2009 | $0.135 | OrdinaryDividend |
| Dec 31, 2008 | $0.010 | OrdinaryDividend |
| Dec 08, 2008 | $0.060 | OrdinaryDividend |
| Dec 10, 2007 | $0.070 | OrdinaryDividend |
| Apr 12, 1999 | $0.010 | CapitalGainLongTerm |
| Dec 14, 1998 | $0.030 | CapitalGainLongTerm |
| Dec 23, 1991 | $0.420 | OrdinaryDividend |
| Dec 19, 1989 | $0.010 | OrdinaryDividend |
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 | 9.06 | 3.5 |