Morningstar

Fidelity Advisor Materials M FMFTX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 98.61  /  +0.56 %
  • Total Assets 866.1 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.240%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Natural Resources
  • Investment Style Mid Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.86%
  • Turnover 51%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis FMFTX

Will FMFTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMFTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMFTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMFTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Navigating a niche within a niche.

Senior Analyst Todd Trubey

Todd Trubey

Senior Analyst

Summary

Fidelity Select Materials and Fidelity Advisor Materials, tied to the same strategy, have a new manager and a tweaked approach, and their People and Process ratings remain Average.

by Todd Trubey
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMFTX

More FMFTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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Freeport-McMoRan Inc

4.97 42.2 Mil
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Corteva Inc

3.94 33.5 Mil
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Nucor Corp

3.89 33.1 Mil
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Axalta Coating Systems Ltd

3.65 31.0 Mil
Basic Materials

The Chemours Co

3.25 27.6 Mil
Basic Materials

First Quantum Minerals Ltd

2.44 20.8 Mil
Basic Materials

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