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Morningstar

Fidelity Select Banking FSRBX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 26.15  /  +0.54 %
  • Total Assets 399.0 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Financial
  • Investment Style Mid Value
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.73%
  • Turnover 21%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis FSRBX

Will FSRBX 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 FSRBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSRBX 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 FSRBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Select Banking earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a 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 FSRBX

More FSRBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Co

10.94 42.5 Mil
Financial Services

Bank of America Corp

7.16 27.8 Mil
Financial Services

PNC Financial Services Group Inc

6.42 24.9 Mil
Financial Services

M&T Bank Corp

6.07 23.6 Mil
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U.S. Bancorp

6.01 23.3 Mil
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Citigroup Inc

5.98 23.2 Mil
Financial Services

Popular Inc

4.73 18.3 Mil
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KeyCorp

4.29 16.6 Mil
Financial Services

East West Bancorp Inc

4.10 15.9 Mil
Financial Services

Truist Financial Corp

4.01 15.6 Mil
Financial Services