About FSTCX
Fidelity Select Telecommunications Portfolio is a sector-focused mutual fund designed to seek capital appreciation by investing primarily in companies engaged in the development, production, or distribution of telecommunications services. The portfolio typically allocates at least 80% of its assets to telecommunications companies, encompassing a range of industry leaders across traditional telephony, wireless communications, broadband, fiber optics, and related infrastructure. Key holdings often include major U.S. providers such as Verizon Communications, AT&T, and T-Mobile US, as well as select international players and smaller, innovative firms within the communications sector.
This fund plays a specialized role in the financial markets by offering concentrated exposure to the rapidly evolving telecommunications industry, which underpins global connectivity and digital transformation. The strategy is designed to capture market trends driven by technological advancements, regulatory changes, and shifting consumer demand for data and communications services. With a focus on both established and emerging telecom companies, the portfolio aims to benefit from sector growth while providing investors with diversification away from broader market indices.
Fund Family Fidelity
Category Communications
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol FSTCX
Index S&P 500 TR
FSTCX had a total return of 5.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.21%.
