About FSDAX
Fidelity Select Defense and Aerospace Portfolio is an actively managed mutual fund that targets capital appreciation by investing primarily in companies involved in the defense and aerospace industries. The portfolio focuses on firms engaged in the research, manufacturing, or sale of products and services related to defense systems, aerospace technology, and related sectors. Typically, at least 80% of its assets are allocated to these companies, reflecting a concentrated approach within the industrials sector. The fund incorporates a fundamental analysis process, assessing each issuer's financial health, industry standing, and prevailing market conditions to inform selection. While predominantly invested in U.S. companies, the fund maintains some exposure to foreign issuers. Its non-diversified structure means a substantial portion of assets may be concentrated in its largest holdings, often industry giants like GE Aerospace, Boeing, and RTX Corp. Fidelity Select Defense and Aerospace Portfolio plays a specialized role in the market, providing targeted exposure to the defense and aerospace sectors, which are strategically important for both national security and technological advancement.
Fund Family Fidelity
Category Industrials
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FSDAX
Index S&P 500 TR
FSDAX had a total return of 21.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.01%.
