Fidelity Select Utilities Portfolio (FSUTX - MF report) a Zacks Ranked #2 (Buy) invests a large portion of its assets in common stocks of companies principally engaged in utilities industries and companies deriving a majority of their revenue from utilities operations. FSUTX offers dividends & capital gains twice a year in April and December.

This Sector - Utilities fund, as of the last filing, allocates their fund in two major groups; Intermediate Bond and Large Value. Further, as of the last filing, Nextera Energy Inc. (NEE), Exelon Corp. (EXC) and Dominion Resources Inc. (D) were the top holdings for FSUTX.

The Fidelity Select Utilities Portfolio fund, managed by Fidelity, carries an expense ratio of 0.80, and requires a minimal initial investment of $2,500.

FSUTX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 3 and 5 year benchmarks; 3 years 10.16%, and 5 years 13.66%. To see how this fund performed compared in its category, please click here.

FSUTX’s performance, as of the last filing, when compared to funds in its category was in the top 82% in 1 year, top 48% over the past 3 years, and in the 36% over the past 5 years.