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Fidelity® Select Portfolios Air Transportation Portfolio (FSAIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in the regional, national, and international movement of passengers, mail, and freight via aircraft. 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.


1 month+2.54% 3 years+25.48%
3 months+2.50% 5 years+16.23%
1 year+15.12% Since inception+10.89%
Data through --

Peer Comparisonvs. Industrials

Performance 5-yr return+16.23%+11.23%
Expense ratio0.83%1.32%
Risk 5 year sharpe ratio1.160.77
Net assets$354.6M$305.3M
Average market cap$14.3B$47.1B
Average P/E14.517.0
Portfolio turnover65%65%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMatthew Moulis / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock89.55%
International stock7.81%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service 63.56%
Industrial materials 36.44%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
UPS UPS10.21%
BA Boeing9.03%
AAL American Airlines7.42%
PCP Precision Castparts Corp6.41%
LUV Southwest Airlines6.30%
ALK Alaska Air Group Inc5.50%
DAL Delta Air Lines5.17%
FDX FedEx4.12%
UAL United Continental Holdings3.84%
TXT Textron Inc3.73%

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