About FTUCX
Fidelity Advisor Telecommunications Fund – Class C is an actively managed mutual fund that focuses on capital appreciation by investing primarily in common stocks of companies engaged in the development, production, or distribution of telecommunications services. The fund typically allocates at least 80% of its assets to this sector, encompassing both domestic and foreign issuers. Its portfolio is highly concentrated, with the top holdings—such as AT&T, Verizon Communications, and T-Mobile US—comprising a significant portion of total assets, and a large majority of assets are invested in U.S. companies, with around 4% in foreign stocks.
As a non-diversified fund, it holds a relatively small number of securities, currently about 29, leading to meaningful exposure to individual issuers within the communications industry. The fund’s investment strategy is backed by fundamental analysis of each issuer's financial and industry position, as well as broader economic conditions. Fidelity Advisor Telecommunications Fund – Class C is part of the broader Equity global asset class, specifically in the Sector Equity fund group, and serves investors seeking targeted exposure to the telecommunications sector. The fund is suitable for investors looking to participate in the communications industry’s growth and dynamics and is managed by Fidelity Investments, which has a long-standing presence in sector-focused funds.
Fund Family Fidelity
Category Communications
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol FTUCX
Share Class Class C
Index S&P 500 TR
FTUCX had a total return of 16.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.23%.