Fidelity® Select Portfolios Air Transportation Portfolio (FSAIX)

78.48
Net Asset Value
+0.89%
1 Day
-6.89%
Year-to-Date
Overall Morningstar Rating
Industrials
Style or Category
No Load
Sales Expenses
0.82%
Expense Ratio
Above Average
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.

Performance

1 month+1.09% 3 years+11.76%
3 months-0.65% 5 years+16.31%
1 year+16.91% Since inception+11.28%
Data through --

Peer Comparisonvs. Industrials

 FSAIXCategory
Performance 5-yr return+16.31%+13.11%
Expense ratio0.82%1.23%
Risk 5 year sharpe ratio1.170.97
Net assets$323.8M$488.6M
Average market cap$21.0B$5.4B
Average P/E13.017.6
Portfolio turnover86%86%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMatthew Moulis / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock92.32%
International stock5.09%
Cash2.59%
Fixed income0.00%
Other0.00%
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
DAL Delta Air Lines11.44%
UPS UPS11.24%
LUV Southwest Airlines9.80%
UTX United Technologies7.31%
EXPD Expeditors International of Washington Inc4.91%
BA Boeing4.85%
SPR Spirit AeroSystems Holdings Inc4.48%
AAL American Airlines4.46%
ALK Alaska Air Group Inc3.86%
FDX FedEx3.76%