Fidelity Select Portfolios - Fidelity Telecom and Utilities Fund(NASDAQMUTFUND) FIUIX

Fidelity Utilities Fund is a mutual fund that primarily invests in common equities within the telecommunications and utility sectors. The fund allocates at least 80% of its assets to both domestic and international companies, guided by thorough fundamental analysis.

Products and Services

• Investment in common equities in utility and telecommunications sectors
• Focus on both domestic and international companies
• Non-diversified portfolio managed through fundamental analysis

Growth Outlook

• Market capitalization stands at approximately $1.31 billion
• Dividend yield of 9.45% indicates strong income potential
• Price range over the past year shows resilience between $31.05 and $38.37

Financial Highlights

• Recent dividend paid per share is $3.008
• Trailing twelve months revenue reflects consistent performance
• Beta of 0.43 suggests lower volatility compared to the overall market

The Fidelity Utilities Fund focuses on sectors that are essential to everyday life, providing a stable investment option. The fund's significant dividend yield may attract income-focused investors, while its strategic allocation to utility and telecommunications companies positions it well for long-term growth. The recent price range indicates a stable performance, and the low beta suggests that the fund may offer a more conservative investment approach compared to the broader market. Overall, Fidelity Utilities Fund presents a compelling option for those interested in utility and telecommunications investments.