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Fidelity Telecom and Utilities Fund (FIUIX) in Focus

Fidelity Telecom and Utilities ( FIUIX ) a Zacks Ranked #2 (Buy) seeks high total return through a combination of current income and capital appreciation. FIUIX normally invests primarily in common stocks with a large portion of its assets in securities of utility companies. FIUIX invests in domestic and foreign issuers. FIUIX offers dividends quarterly in the month of March, June, September, and December. Capital gains are offered twice a year in March and December.

This Sector - Utilities fund, as of the last filing, allocates their fund in three major groups; Intermediate Bond, Large Value, Foreign Bond. Further, as of the last filing, VERIZON COMMUNICATIONS INC, DIRECTV and NEXTERA ENERGY INC were the top holdings for FIUIX.

The Fidelity Telecom and Utilities fund, managed by Fidelity , carries an expense ratio of 0.79. Moreover, FIUIX requires a minimal initial investment of $2,500.

FIUIX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 9.61%, and 5 year 12.06%. To see how this fund performed compared in its category, please click here .

FIUIX's performance, as of the last filing, when compared to funds in its category was in the top 48% in 1 year, top 36% over the past 3 years, and in the 20% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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