Markets

Quick Guide to Fidelity Select Multimedia Portfolio Fund (FBMPX)

Fidelity Select Multimedia Portfolio ( FBMPX ) a Zacks Ranked #2 (Buy) was incepted in June 1986 and is managed by the Fidelity Group. The objective of FBMPX is to seek capital appreciation. FBMPX normally invests a large chunk of assets in common stocks of companies principally engaged in the development, production, sale, and distribution of goods or services used in the broadcast and media industries. FBMPX offers dividends and capital gain, (if any) twice a year in April and December.

This Technology fund, as of the last filing, allocates their fund in four major groups; High Yield Bond, Large Growth, Foreign Bond and Small Growth. Further, as of the last filing, The Walt Disney Company, Comcast Corporation and Time Warner Inc were the top holdings for FBMPX.

Fidelity Select Multimedia Portfolio, managed by Fidelity , carries an expense ratio of 0.81. Moreover, FBMPX requires a minimal initial investment of $2,500.

FBMPX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 0.90%, 3 year 17.94% and 5 year 20.56%. To see how this fund performed compared in its category, please click here .

FBMPX's performance, as of the last filing, when compared to funds in its category was in the top 44% in 1 year, top 10% over the past 3 years, and in the 3% over the past 5 years.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (FBMPX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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.

In This Story

FBMPX

Other Topics

Mutual Funds

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More