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    Fidelity Select Utilities Portfolio (FSUTX)

    76.63 Up 0.88(1.16%) Dec 26

    Profile as of Nov 29, 2014Get Profile for:
    Fidelity Select Utilities Portfolio
    Fidelity Select Portfolios82 Devonshire StreetBoston MA 02109
    Map
    Phone: 800-544-8544
    Fund Overview 
    Category:Utilities
    Fund Family:Fidelity Investments
    Net Assets:1.03B
    Year-to-Date Return:20.70%
    Yield:1.74%
    Morningstar Rating:4 stars
    Fund Inception Date:Dec 10, 1981
    Morningstar Style Box 
    Utilities
    [View Category Definition]
    View Top Utilities Funds
    About the Morningstar Style Box
    Management Information 
    Douglas Simmons
    Lead Manager since Oct 2, 2006
    Douglas Simmons is co-manager of the fund, which he has managed since November 2009, and is manager of Fidelity Utilities Central Fund. He also manages other Fidelity funds. Mr. Simmons joined Fidelity Investments in 2003 after receiving his MBA from Harvard Business School. He is also a member of FMR's Multi-Manager Group.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:200
    FSUTX can be purchased from 87 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. 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.

    Fund Operations 
    Last Dividend (Dec 4, 2014) : 0.86
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 23, 2014) : 160.00%
    Average for Category:73.48%
    Fees & Expenses 
    ExpenseFSUTXCategory Avg
    Annual Report Expense Ratio (net):0.80%1.28%
    Prospectus Net Expense Ratio:0.82%N/A
    Prospectus Gross Expense Ratio:0.82%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.06%
    Max Deferred Sales Load: N/A2.36%
    3 Yr Expense Projection*:262551
    5 Yr Expense Projection*:455842
    10 Yr Expense Projection*:1,0141,654
    * Per $10,000 invested