Select Utilities Portfolio

Fidelity Select Portfolios · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FSUTXFFUMXFFUIXFFUAXFFUZXFFUCX
$3.91B NAV
40 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Select Utilities Portfolio is an actively managed U.S. equity fund. 3% of FSUTX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% 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 · 2026 Q2

Utilities Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of utilities companies—those producing or distributing electricity, gas, and water, as well as independent power producers and renewable energy operators—selected through fundamental analysis of financial condition, industry position, and market conditions. The fund may hold both domestic and foreign issuers. Because security selection depends on the manager's analysis, fund holdings and performance may diverge from the utilities sector overall.

Expenses
0.56% 1.69%across 6 share classes
Share classExpense ratio
FSUTX0.64%
FFUMX1.18%
FFUIX0.68%
FFUAX0.93%
FFUZX0.56%
FFUCX1.69%

Portfolio turnover 76.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

102.78%
of net assets
Stocks96.99%
Cash & short-term5.79%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Utilities89.4%
Cash5.6%
Industrials3.7%
International0.6%
2 smaller0.6%

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

Revenue growth
3%of stock holdings in top-quartile growers
covering 97% of the fund’s equity

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

2026Q2 vs 2026Q1: 7 new1 exited

New: D, IDA, PNW, ORA, FRVO, MPWR, WCN

Exited: AES

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+24.35%+64.36%+87.93%15.16%-9.70%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NEXTERA ENERGY INCNEE12.78%$499.29M
CONSTELLATION ENERGY CORPCEG6.63%$259.11M
AMERICAN ELECTRIC POWER CO INCAEP6.14%$239.71M
DUKE ENERGY CORP NEWDUK6.02%$235.07M
SEMPRASRE5.25%$204.88M
ENTERGY CORP NEWETR5.00%$195.48M
XCEL ENERGY INCXEL4.84%$189.23M
VISTRA CORPVST4.84%$189.12M
NRG ENERGY INCNRG4.80%$187.43M
CENTERPOINT ENERGY INCCNP3.72%$145.35M
Showing 10 of 40Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 60.02% of net assets, top 25 97.32%, across 39 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.

Sign in free