Fidelity Select Energy (FSENX - MF report) a Zacks Rank #1 (Strong Buy) invests the majority of its assets in common stocks of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.

This Sector - Energy fund, as of the last filing, allocates their fund in three major groups; Large Value, Foreign Stock and Precious Metal. As of the last filing, SCHLUMBERGER Ltd. (SLB), EOG RESOURCES Inc. (EOG), and NOBLE ENERGY Inc. (NE) were the top holdings for FSENX.

The Fidelity Select Energy fund, managed by Fidelity, carries an expense ratio of 0.79%. FSENX requires a minimal initial investment of $2,500, and has a history of positive total returns for over 10 years. Specifically, the fund’s return over the 1 year is 1.72%.

To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here. FSENX’s performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 35% over the past 3 years, and in the 26% over the past 5 years.