We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. Portfolio manager David Wagner continues to use the same process he has used with very strong results for Fidelity Select Industrials (and the related Fidelity Advisor Industrials) since taking charge on June 30, 2023. The following text is from July 18, 2023.
Fidelity Advisor Industrials I FCLIX
- NAV / 1-Day Return 48.92 / +0.95 %
- Total Assets 547.2 Mil
-
Adj. Expense Ratio
0.760%
- Expense Ratio 0.760%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Industrials
- Investment Style Mid Growth
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Turnover 189%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FCLIX
Will FCLIX 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 44.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
GE Aerospace | 6.49 | 36.0 Mil | Industrials |
Union Pacific Corp | 4.97 | 27.6 Mil | Industrials |
Ingersoll Rand Inc | 4.72 | 26.2 Mil | Industrials |
Howmet Aerospace Inc | 4.47 | 24.8 Mil | Industrials |
Parker Hannifin Corp | 4.19 | 23.3 Mil | Industrials |
Boeing Co | 4.17 | 23.2 Mil | Industrials |
TransDigm Group Inc | 4.09 | 22.7 Mil | Industrials |
Trane Technologies PLC Class A | 3.96 | 22.0 Mil | Industrials |
Eaton Corp PLC | 3.87 | 21.5 Mil | Industrials |
FedEx Corp | 3.58 | 19.9 Mil | Industrials |