Fidelity Select Energy Portfolio (FSENX - MF report) a Zacks Ranked #1 (Strong Buy) seeks capital appreciation. FSENX normally invests a large portion of its assets in common stocks of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. FSENX offers dividends and capital gains in the month of April and December.
This Sector - Energy fund, as of the last filing, allocates their fund in two major groups; Large Value and Precious Metal. Further, as of the last filing, Exxon Mobil Corp. (XOM), Schlumberger Ltd. (SLB) and Chevron Corp. (CVX) were the top holdings for FSENX.
The Fidelity Select Energy Portfolio fund, managed by Fidelity, carries an expense ratio of 0.79. Moreover, FSENX requires a minimal initial investment of $2,500.
FSENX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.75% and 5 year 8.18%. To see how this fund performed compared in its category, please click here.
FSENX’s performance, as of the last filing, when compared to funds in its category was in the top 47% in 1 year, top 32% over the past 3 years, and in the 17% over the past 5 years.
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