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 within 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 $1.39 billion
• Dividend yield of 7.55% indicates strong income potential
• Price range over the past year shows stability between $33.06 and $38.37

Financial Highlights

• Recent dividend paid per share is $2.542
• Trailing twelve months revenue of $138.74 million
• Beta of 0.43 suggests lower volatility compared to the overall market

Fidelity Utilities Fund focuses on sectors that are essential to everyday life, providing a stable investment option. The fund's commitment to thorough analysis ensures that investments are made in financially sound companies with strong market positions. The attractive dividend yield and consistent revenue generation highlight the fund's potential for income-focused investors. With a relatively low beta, the fund may appeal to those seeking a less volatile investment in the utility and telecommunications sectors.