# Fidelity Select Software & IT Services Portfolio (FSCSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fscsx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Thematic · Inception: 1985-07-29 This fund primarily allocates its capital to common stocks. A significant portion—at least 80% of its assets—is dedicated to companies actively involved in the development, engineering, production, or distribution of software and information technology (IT) services. Its investments are not limited by geography, encompassing both domestic and international issuers. To identify suitable opportunities, the fund employs a rigorous fundamental analysis. This involves scrutinizing factors like each company's financial health, its competitive standing within its industry, and the broader economic... ## Key Facts | Metric | Value | |---|---| | Price | $25.16 | | Expense Ratio | 0.61% | | Assets Under Management | $7.92B | | NAV | $25.16 | | Holdings Count | — | | Distribution Yield (TTM) | 18.39% | | Annual Distribution (TTM) | $4.63 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $16.06 – $29.99 | | Beta | 1.15 | ## Latest Distribution - Amount: $1.5810 /share - Ex-date: 2026-04-10 - Pay date: 2026-04-13 ## Frequently Asked Questions ### What does FSCSX invest in? This fund primarily allocates its capital to common stocks. A significant portion—at least 80% of its assets—is dedicated to companies actively involved in the development, engineering, production, or distribution of software and information technology (IT) services. Its investments are not limited by geography, encompassing both domestic and international issuers. To identify suitable opportunities, the fund employs a rigorous fundamental analysis. This involves scrutinizing factors like each company's financial health, its competitive standing within its industry, and the broader economic and market conditions. Notably, this fund operates as a non-diversified portfolio. ### What is the expense ratio of FSCSX? Fidelity Select Software & IT Services Portfolio (FSCSX) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FSCSX? Fidelity Select Software & IT Services Portfolio (FSCSX) manages $7.92B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FSCSX actively managed or an index fund? FSCSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FSCSX launched? Fidelity Select Software & IT Services Portfolio (FSCSX) launched in July 1985 and is managed by Fidelity. ### How has FSCSX performed? FSCSX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FSCSX pay a dividend? Fidelity Select Software & IT Services Portfolio (FSCSX) currently distributes little or no income. Trailing-twelve-month yield is 18.39%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSCSX pay dividends? Fidelity Select Software & IT Services Portfolio pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FSCSX's dividend yield? FSCSX's trailing-twelve-month yield is 18.39%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSCSX's next ex-dividend date? The most recently announced ex-dividend date for FSCSX was 2026-04-10. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FSCSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.61% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FSCSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSCSX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FSCSX cost more than a fund like VOO? FSCSX's strategy (current expense ratio 0.61%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FSCSX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FSCSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSCSX (0.61%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fscsx - Distribution history: https://www.dividenddata.com/funds/fscsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fscsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fscsx/expenses - Peer comparison: https://www.dividenddata.com/funds/fscsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.