About FANAX
Fidelity Advisor Energy Fund Class A is a mutual fund focused on capital appreciation by investing primarily in equities of companies engaged in the energy sector. The fund typically allocates at least 80% of its assets to firms operating across traditional energy domains like oil, gas, electricity, and coal, as well as companies involved in emerging energy fields such as nuclear, geothermal, oil shale, and renewable sources including solar power. The portfolio consists mainly of large-cap energy stocks, with notable holdings in industry leaders such as Exxon Mobil, Chevron, and Schlumberger, and maintains a concentrated exposure to top names within the sector. This approach allows the fund to capture trends and cycles unique to the energy market, making it a prominent choice for investors seeking targeted sector exposure. The fund’s expense ratio is around 1%, and it ranks within the equity energy category, reflecting its specialized investment strategy. Managed by Fidelity, the fund offers a way to access the performance of diverse energy industries and related innovations, playing a significant role as a sector-specific investment vehicle for diversification or thematic allocation within broader portfolios.
Fund Family Fidelity
Category Equity Energy
Stock Exchange NASDAQ
Ticker Symbol FANAX
Share Class Class A
Index S&P 500 TR
FANAX had a total return of 3.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.55%.
