Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Fidelity Water Sustainability FLOWX
- NAV / 1-Day Return 17.52 / +1.33 %
- Total Assets 96.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.930%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Natural Resources
- Investment Style Mid Growth
- Min. Initial Investment —
- Status Open
- TTM Yield 0.38%
- Turnover 54%
USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FLOWX
Will FLOWX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 55.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pentair PLC | 8.25 | 8.0 Mil | Industrials |
United Utilities Group PLC Class A | 7.66 | 7.4 Mil | Utilities |
Severn Trent PLC | 5.96 | 5.8 Mil | Utilities |
Advanced Drainage Systems Inc | 5.50 | 5.3 Mil | Industrials |
Companhia De Saneamento Basico Do Estado De Sao Paulo ADR | 5.00 | 4.8 Mil | Utilities |
Tetra Tech Inc | 4.78 | 4.6 Mil | Industrials |
Xylem Inc | 4.69 | 4.5 Mil | Industrials |
Ingersoll Rand Inc | 4.67 | 4.5 Mil | Industrials |
Essential Utilities Inc | 4.64 | 4.5 Mil | Utilities |
Core & Main Inc Class A | 4.62 | 4.5 Mil | Industrials |