Fidelity Advisor Industrials Fund
Fidelity Advisor Series VII · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Advisor Industrials Fund is an actively managed U.S. equity fund. 14% of FCLAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 89% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q3
Fidelity Advisor Industrials Fund seeks capital appreciation.
The fund invests primarily in common stocks of companies engaged in industrial products, services, and equipment—including aerospace and defense, machinery, construction, transportation, and business support services—selected through fundamental analysis of financial condition, industry position, and market conditions. The fund normally maintains at least 80% of assets in industrial securities and may invest in both domestic and foreign issuers. As of December 11, 2025, the fund's 80% policy includes derivative instruments providing exposure to industrial investments or associated market risk factors.
| Share class | Expense ratio |
|---|---|
| FCLAX | 0.98% |
| FCLCX | 1.74% |
| FCLTX | 1.23% |
| FCLIX | 0.71% |
| FIKEX | 0.59% |
| FIDRX | 0.68% |
Portfolio turnover 29.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.41% |
| Cash & short-term | 4.76% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 84.2% |
| International | 10.3% |
| Cash | 4.6% |
| Materials | 0.6% |
| Information Technology | 0.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +42.85% | -42.01% | -86.23% | 19.66% | -60.56% | |
| +41.79% | +68.60% | +29.32% | 19.64% | -15.13% | |
| +42.51% | -3.30% | -59.78% | 19.65% | -35.65% | |
| +43.22% | +115.04% | +112.57% | 19.65% | -12.32% | |
| +43.39% | +115.85% | +113.87% | 19.65% | -12.27% | |
| — | — | — | — | — |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| GEV | GE VERNOVA INCGEV | 7.34% | $1,083.46 | $149.53M | 138.0K |
| GE | GE AEROSPACEGE | 6.88% | $289.93 | $140.28M | 483.8K |
| BA | BOEING COBA | 6.31% | $229.03 | $128.51M | 561.1K |
| — | TRANE TECHNOLOGIES PLC | 5.24% | $492.54 | $106.80M | 216.8K |
| HWM | HOWMET AEROSPACE INCHWM | 4.67% | $243.04 | $95.20M | 391.7K |
| PH | PARKER-HANNIFIN CORPPH | 4.22% | $909.42 | $85.95M | 94.5K |
| — | Fidelity Revere Street Trust | 4.14% | — | $84.27M | — |
| — | EATON CORP PLC | 3.84% | $433.01 | $78.21M | 180.6K |
| PWR | QUANTA SVCS INCPWR | 3.31% | $727.77 | $67.46M | 92.7K |
| CAT | CATERPILLAR INCCAT | 3.04% | $890.11 | $61.95M | 69.6K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 48.99% of net assets, top 25 81.43%, across 49 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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