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Morningstar

Fidelity Select Brokerage & Inv Mgmt FSLBX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 155.98  /  +1.06 %
  • Total Assets 870.6 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Financial
  • Investment Style Mid Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.16%
  • Turnover 36%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FSLBX

Will FSLBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSLBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSLBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSLBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Select Brokerage& Inv Mgmt's recent fee cut and Process Pillar rating increase lead to an upgrade in this strategy's Morningstar Medalist Rating to Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FSLBX

More FSLBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Moody's Corporation

8.28 72.4 Mil
Financial Services

KKR & Co Inc Ordinary Shares

5.48 47.9 Mil
Financial Services

S&P Global Inc

5.16 45.1 Mil
Financial Services

Ares Management Corp Ordinary Shares - Class A

5.16 45.1 Mil
Financial Services

Ameriprise Financial Inc

4.78 41.8 Mil
Financial Services

BlackRock Inc

4.77 41.7 Mil
Financial Services

Blue Owl Capital Inc Ordinary Shares - Class A

4.72 41.3 Mil
Financial Services

Blackstone Inc

4.62 40.4 Mil
Financial Services

Intercontinental Exchange Inc

4.50 39.3 Mil
Financial Services

Charles Schwab Corp

4.34 37.9 Mil
Financial Services