- What does FSRFX invest in?
- This fund predominantly invests in common stocks, with a strict mandate to allocate at least 80% of its assets to companies operating within the transportation sector. This encompasses businesses directly involved in transportation services, as well as those engaged in the design, manufacture, distribution, or sale of transport-related equipment. Its portfolio is geographically broad, including both domestic and international issuers. Investment decisions are grounded in a thorough fundamental analysis, scrutinizing aspects such as the financial strength and industry position of individual companies, alongside prevailing market and economic conditions. It's important to note that the fund operates on a non-diversified basis.
- What is the expense ratio of FSRFX?
- Fidelity Select Transportation Portfolio (FSRFX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSRFX?
- Fidelity Select Transportation Portfolio (FSRFX) manages $536.7M 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 FSRFX actively managed or an index fund?
- FSRFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FSRFX launched?
- Fidelity Select Transportation Portfolio (FSRFX) launched in September 1986 and is managed by Fidelity.
- How has FSRFX performed?
- FSRFX'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.
