About FSENX
Fidelity Select Energy Portfolio is an actively managed mutual fund that focuses on investments in the energy sector. The fund aims for capital appreciation by investing at least 80% of its assets in companies operating in various segments of the energy industry, including oil, gas, electricity, coal, and emerging sources such as nuclear, geothermal, oil shale, and solar power. Its portfolio primarily consists of common stocks from both domestic and international issuers, offering diversified exposure within the energy field. The fund is managed using fundamental analysis, evaluating factors like issuer financial health, industry positioning, and prevailing market conditions to guide investment decisions. Classified as non-diversified, the fund often holds a concentrated number of positions, with significant allocations to leading energy corporations. Since its inception in 1981, Fidelity Select Energy Portfolio has played a prominent role in providing targeted sector exposure, allowing investors to participate directly in the performance and trends of the global energy market.
Fund Family Fidelity
Category Equity Energy
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FSENX
Index S&P 500 TR
FSENX had a total return of 46.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.24%.
