FSPTX: Fidelity® Select Technology

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FSPTX Fidelity® Select Technology


Profile

FSPTX - Profile

Vitals

  • YTD Return 32.3%
  • 3 Yr Annualized Return 14.1%
  • 5 Yr Annualized Return 18.9%
  • Net Assets $10.4 B
  • Holdings in Top 10 61.4%

52 WEEK LOW AND HIGH

$26.32
$15.62
$28.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

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

BROKERAGE FEES

  • Turnover 32.00%

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 32.3%
  • 3 Yr Annualized Total Return 20.1%
  • 5 Yr Annualized Total Return 24.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Select Technology Portfolio
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jul 14, 1981
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nidhi Gupta

Fund Description

The fund primarily invests in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. 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

FSPTX - Performance

Return Ranking - Trailing

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.3% -17.1% 58.1% 25.15%
1 Yr 51.0% -12.3% 64.7% 13.10%
3 Yr 14.1%* -15.7% 28.7% 35.67%
5 Yr 18.9%* -13.9% 27.9% 27.46%
10 Yr 12.0%* -1.6% 19.6% 45.13%

* Annualized

Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
2019 48.3% -3.0% 62.7% 6.55%
2018 -24.9% -49.7% 4.3% 90.51%
2017 37.4% -17.3% 55.5% 9.93%
2016 10.2% -17.1% 32.1% 26.06%
2015 3.2% -17.6% 11.6% 31.69%

Total Return Ranking - Trailing

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.3% -17.1% 58.1% 25.15%
1 Yr 51.0% -12.3% 64.7% 13.10%
3 Yr 20.1%* -15.7% 32.0% 25.48%
5 Yr 24.5%* -13.9% 36.5% 11.27%
10 Yr 18.0%* -1.6% 23.3% 20.35%

* Annualized

Total Return Ranking - Calendar

Period FSPTX Return Category Return Low Category Return High Rank in Category (%)
2019 48.3% -3.0% 62.7% 6.55%
2018 -17.0% -49.7% 5.1% 74.05%
2017 49.7% -17.3% 55.5% 2.65%
2016 11.9% -17.1% 32.8% 25.35%
2015 7.5% -13.9% 83.1% 28.17%

NAV & Total Return History


Holdings

FSPTX - Holdings

Concentration Analysis

FSPTX Category Low Category High FSPTX % Rank
Net Assets 10.4 B 75.8 K 44 B 1.65%
Number of Holdings 77 22 333 31.32%
Net Assets in Top 10 5.52 B 33.5 K 23.2 B 1.65%
Weighting of Top 10 61.35% 18.6% 88.1% 13.74%

Top 10 Holdings

  1. Apple Inc 22.81%
  2. Microsoft Corp 18.06%
  3. Adobe Inc 3.66%
  4. Salesforce.com Inc 3.24%
  5. NVIDIA Corp 2.65%
  6. Mastercard Inc A 2.44%
  7. PayPal Holdings Inc 2.36%
  8. Visa Inc Class A 2.07%
  9. Micron Technology Inc 2.06%
  10. Fidelity National Information Services Inc 1.99%

Asset Allocation

Weighting Return Low Return High FSPTX % Rank
Stocks
97.44% 80.22% 100.13% 47.80%
Cash
1.70% -0.18% 19.79% 66.48%
Other
0.86% -1.68% 1.04% 3.85%
Preferred Stocks
0.00% 0.00% 0.34% 44.51%
Convertible Bonds
0.00% 0.00% 0.08% 41.21%
Bonds
0.00% 0.00% 0.22% 46.70%

Stock Sector Breakdown

Weighting Return Low Return High FSPTX % Rank
Technology
82.87% 30.43% 99.36% 10.99%
Financial Services
7.05% 0.00% 41.50% 32.42%
Communication Services
4.34% 0.00% 36.30% 82.42%
Consumer Cyclical
3.86% 0.00% 31.80% 68.68%
Energy
0.98% 0.00% 0.98% 1.65%
Industrials
0.66% 0.00% 46.04% 59.89%
Basic Materials
0.23% 0.00% 1.84% 12.09%
Utilities
0.00% 0.00% 5.11% 39.01%
Real Estate
0.00% 0.00% 8.00% 67.58%
Healthcare
0.00% 0.00% 33.97% 77.47%
Consumer Defense
0.00% 0.00% 12.80% 49.45%

Stock Geographic Breakdown

Weighting Return Low Return High FSPTX % Rank
US
88.18% 37.80% 98.65% 28.57%
Non US
9.26% 0.92% 58.51% 78.57%

Expenses

FSPTX - Expenses

Operational Fees

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.10% 26.92% 93.68%
Management Fee 0.54% 0.00% 1.95% 12.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

FSPTX 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

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 72.50%

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.

FSPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 732.00% 23.21%

Distributions

FSPTX - Distributions

Dividend Yield Analysis

FSPTX Category Low Category High FSPTX % Rank
Dividend Yield 0.00% 0.00% 6.97% 39.56%

Dividend Distribution Analysis

FSPTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FSPTX Category Low Category High FSPTX % Rank
Net Income Ratio 0.30% -2.08% 1.95% 15.34%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FSPTX - Fund Manager Analysis

Managers

Nidhi Gupta


Start Date

Tenure

Tenure Rank

Jul 15, 2018

2.13

2.1%

Nidhi Gupta has joined Fidelity Investments in 2008 and worked as an equity research analyst and portfolio manager.

Brian Lempel


Start Date

Tenure

Tenure Rank

Jul 20, 2020

0.12

0.1%

Brian Lempel is a member of FMR's Stock Selector Large Cap Group and co-manager of the fund (information technology sector), which he has managed since January 2014. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Lempel has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 30.68 7.04 0.38