# Fidelity Select Transportation Portfolio (FSRFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fsrfx 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: 1986-09-29 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... ## Key Facts | Metric | Value | |---|---| | Price | $113.03 | | Expense Ratio | 0.68% | | Assets Under Management | $474.7M | | NAV | $113.03 | | Holdings Count | — | | Distribution Yield (TTM) | 8.47% | | Annual Distribution (TTM) | $9.57 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $101.07 – $126.97 | | Beta | 1.12 | ## Latest Distribution - Amount: $8.0270 /share - Ex-date: 2026-04-10 - Pay date: 2026-04-13 ## Frequently Asked Questions ### 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 $474.7M 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. ### Does FSRFX pay a dividend? Fidelity Select Transportation Portfolio (FSRFX) currently distributes little or no income. Trailing-twelve-month yield is 8.47%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSRFX pay dividends? Fidelity Select Transportation 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 FSRFX's dividend yield? FSRFX's trailing-twelve-month yield is 8.47%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSRFX's next ex-dividend date? The most recently announced ex-dividend date for FSRFX 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 FSRFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% 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 FSRFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSRFX'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 FSRFX cost more than a fund like VOO? FSRFX's strategy (current expense ratio 0.68%) 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 FSRFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FSRFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSRFX (0.68%) 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/fsrfx - Distribution history: https://www.dividenddata.com/funds/fsrfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fsrfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fsrfx/expenses - Peer comparison: https://www.dividenddata.com/funds/fsrfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.