Fidelity Advisor Communication Services Class M (FGEMX)
The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services. It invests in domestic and foreign issuers. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. It invests primarily in common stocks. The fund is non-diversified.
Fund Info
| ISIN | US3163901370 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Nov 30, 2018 |
| Category | Communications Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FGEMX has a high expense ratio of 1.27%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Communication Services Class M, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Communication Services Class M had a return of 16.60% year-to-date (YTD) and 26.05% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.60% | 17.95% |
| 1 month | 1.39% | 3.13% |
| 6 months | 7.77% | 9.95% |
| 1 year | 26.05% | 24.88% |
| 5 years (annualized) | 12.66% | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of FGEMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.21% | 5.44% | 2.50% | -2.90% | 6.01% | 4.56% | -2.61% | -0.01% | 16.60% | ||||
| 2023 | 15.66% | -3.00% | 7.85% | 2.81% | 3.96% | 5.65% | 6.86% | -2.26% | -3.20% | -1.71% | 9.15% | 5.28% | 56.03% |
| 2022 | -6.95% | -6.60% | 0.28% | -14.20% | -0.54% | -9.00% | 5.29% | -2.07% | -12.11% | 0.96% | 6.88% | -7.28% | -38.63% |
| 2021 | -0.24% | 6.10% | 3.26% | 7.32% | 0.87% | 2.79% | 1.37% | 3.41% | -5.81% | 0.26% | -6.91% | 2.93% | 15.37% |
| 2020 | -0.03% | -5.21% | -12.26% | 14.55% | 9.13% | 1.10% | 7.60% | 7.83% | -6.71% | 0.16% | 13.05% | 4.62% | 34.73% |
| 2019 | 11.29% | 0.63% | 3.03% | 6.91% | -5.89% | 4.17% | 3.16% | -1.30% | -1.08% | 2.53% | 4.00% | 1.97% | 32.42% |
| 2018 | -7.64% | -7.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FGEMX is 40, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Communication Services Class M (FGEMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Communication Services Class M granted a 2.66% dividend yield in the last twelve months. The annual payout for that period amounted to $2.59 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $2.59 | $0.00 | $0.00 | $5.03 | $3.10 | $22.57 | $5.89 |
Dividend yield | 2.66% | 0.00% | 0.00% | 5.61% | 3.78% | 35.33% | 8.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Communication Services Class M. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $2.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.59 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $3.41 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $5.03 |
| 2020 | $0.00 | $0.00 | $0.00 | $1.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.70 | $3.10 |
| 2019 | $0.00 | $0.00 | $0.00 | $18.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.72 | $22.57 |
| 2018 | $5.89 | $5.89 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Communication Services Class M. 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 Advisor Communication Services Class M was 47.74%, occurring on Nov 3, 2022. Recovery took 358 trading sessions.
The current Fidelity Advisor Communication Services Class M drawdown is 5.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.74% | Sep 2, 2021 | 296 | Nov 3, 2022 | 358 | Apr 10, 2024 | 654 |
| -30.51% | Feb 20, 2020 | 18 | Mar 16, 2020 | 57 | Jun 5, 2020 | 75 |
| -12.72% | Dec 4, 2018 | 14 | Dec 24, 2018 | 17 | Jan 18, 2019 | 31 |
| -12.05% | Sep 3, 2020 | 14 | Sep 23, 2020 | 37 | Nov 13, 2020 | 51 |
| -10.88% | Jul 8, 2024 | 21 | Aug 5, 2024 | — | — | — |
Volatility
Volatility Chart
The current Fidelity Advisor Communication Services Class M volatility is 4.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.