About FGDMX
Fidelity Advisor Communication Services Fund Class A is a mutual fund focused on capital appreciation by investing primarily in companies within the communication services sector. The fund seeks to allocate at least 80% of its assets to securities of firms engaged in the development, production, or distribution of communication services, with a strong emphasis on common stocks. Its portfolio typically includes leading industry names in areas such as social media, telecommunications, streaming services, and interactive media, with significant holdings like Meta Platforms, Alphabet, and AT&T.
The fund plays a specialized role in the market by targeting a sector that drives global connectivity and digital transformation, encompassing companies that enable, manage, or deliver information and entertainment. With around 39 holdings, it provides concentrated exposure to this dynamic segment, potentially capturing growth trends arising from evolving consumer behaviors and technological advancements. The fund is actively managed, features a front-end sales charge, and is structured for investors seeking targeted exposure to the communication services industry within a diversified investment portfolio.
Fund Family Fidelity
Category Communications
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FGDMX
Share Class Class A
Index S&P 500 TR
FGDMX had a total return of 16.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 28.72%.
