Fidelity Select Communication Services Portfolio (FBMPX)

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Fidelity Select Communication Services Portfolio (FBMPX) is up 9.4% since the beginning of the year. FBMPX is currently trading at $142 per share. Investors who bought $1,000 worth of FBMPX shares 5 years ago would now be looking at an investment worth $1,953.

Fidelity Select Communication Services Portfolio (FBMPX) has returned 9.44% so far this year and 40.01% over the past 12 months. Looking at the last ten years, FBMPX has achieved an annualized return of 17.12%, outperforming the S&P 500 Index benchmark, which averaged 13.66% per year.

Based on dividend-adjusted daily data since Jun 30, 1986, FBMPX's average daily return is +0.06%, while the average monthly return is +1.23%. At this rate, an investment would double in approximately 4.7 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +20.0%, while the worst month was Oct 2008 at -20.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 8 months.

On a daily basis, FBMPX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +14.4%, while the worst single day was Mar 16, 2020 at -11.9%.

Fidelity Select Communication Services Portfolio has an annualized alpha of 5.25%, beta of 0.96, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since July 01, 1986.

• This fund captured 127.80% of S&P 500 Index gains and 106.29% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 5.25% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.96 and R2 of 0.71, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FBMPX has an expense ratio of 0.74%, placing it in the medium range.

FBMPX ranks 44 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Fidelity Select Communication Services Portfolio (FBMPX) and compare them to S&P 500 Index.

Fidelity Select Communication Services Portfolio provided a 12.24% dividend yield over the last twelve months, with an annual payout of $17.43 per share.

The table displays the monthly dividend distributions for Fidelity Select Communication Services Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Select Communication Services Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Select Communication Services Portfolio was 61.77%, occurring on Mar 9, 2009. Recovery took 460 trading sessions.

The current Fidelity Select Communication Services Portfolio drawdown is 3.54%.

The chart below shows the rolling one-month volatility.