Fidelity Environment and Alternative Energy Fund (FSLEX)
| Fund Assets | 699.56M |
| Expense Ratio | 0.68% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 1.57% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Apr 10, 2026 |
| Previous Close | 53.21 |
| YTD Return | 15.85% |
| 1-Year Return | 33.99% |
| 5-Year Return | 82.78% |
| 52-Week Low | 41.04 |
| 52-Week High | 54.72 |
| Beta (5Y) | 1.16 |
| Holdings | 67 |
| Inception Date | Jun 29, 1989 |
About FSLEX
The Fidelity Environment and Alternative Energy Fund is a thematic mutual fund that focuses on companies involved in environmental sustainability and the transition to clean energy. Its primary objective is to invest at least 80% of assets in securities of businesses principally engaged in alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, and other environmental support services. The fund holds a mix of domestic and international stocks and employs fundamental analysis to select investments based on financial health, industry position, and broader economic conditions. Key holdings come from sectors such as technology, industrials, and materials, and the fund is classified within the "industrials" category. While designed to align with environmental themes, the fund does maintain exposure to fossil fuel-related companies, with a notable allocation to those sectors. By concentrating on companies driving the green transition, the Fidelity Environment and Alternative Energy Fund plays a significant role in supporting the growth of sustainable industries within the broader financial market.
Performance
FSLEX had a total return of 33.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.65%.
Top 10 Holdings
46.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 8.79% |
| Microsoft Corporation | MSFT | 7.67% |
| NXP Semiconductors N.V. | NXPI | 4.32% |
| Arista Networks, Inc. | ANET | 4.14% |
| Cisco Systems, Inc. | CSCO | 4.05% |
| Eaton Corporation plc | ETN | 3.83% |
| Analog Devices, Inc. | ADI | 3.67% |
| NextEra Energy, Inc. | NEE | 3.43% |
| Siemens Energy AG | ENR | 3.43% |
| Prologis, Inc. | PLD | 3.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 10, 2026 | $0.669 | Apr 13, 2026 |
| Dec 26, 2025 | $0.175 | Dec 29, 2025 |
| Dec 26, 2024 | $0.153 | Dec 27, 2024 |
| Apr 12, 2024 | $0.010 | Apr 15, 2024 |
| Dec 21, 2023 | $0.129 | Dec 22, 2023 |
| Dec 16, 2022 | $0.182 | Dec 19, 2022 |