FIVKX — Select Financials Portfolio
Data updated: 2026-08-04
FIVKX — Select Financials Portfolio. United States Mid Cap Blend / Core Financials Equity · $783.70M AUM. Holdings, fees, performance and SEC filings.
FIVKX Fund Overview
FIVKX — Select Financials Portfolio is a US mutual fund managed by Fidelity Select Portfolios, categorised as United States Mid Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Select Portfolios
- Category: United States Mid Cap Blend / Core Financials Equity
- Assets under management: $783.70M
- Ticker: FIVKX
- SEC CIK: 0000320351
- SEC series ID: S000007462
- Share class ID: C000278449
FIVKX Investment Objective and Strategy
Select Financials Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Select Portfolios.
Investment objective
Financials Portfolio seeks capital appreciation.
Principal investment strategy
Normally investing at least 80% of assets in securities of companies principally engaged in providing financial services to consumers and industry. These companies may include, for example, investment banks; brokerage and asset management firms; companies providing life, health, and/or property and casualty insurance; commercial banks; financial institutions providing mortgages and mortgage-related services, including mortgage real estate investment trusts (REITs); providers of personal loans and other consumer payment and finance services; credit agencies; stock exchanges; investment management firms; institutions providing custody services; and reinsurance companies. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities based on: (i) the level of a company's assets, income, sales, or profits that are committed to, derived from, or related to the designated business activity or activities, or (ii) whether a third party has given the company an industry or sector classification consistent with the designated business activity or activities.
Whether a company is principally engaged in the designated business activity or activities can be determined under any of these factors. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
FIVKX Holdings
Top 10 holdings of Select Financials Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mastercard, Inc. | 7.99% |
| Bank Of America Corporation | 7.73% |
| WELLS FARGO and CO | 7.13% |
| Citigroup, Inc. | 4.41% |
| Reinsurance Group Of America, Inc. | 4.18% |
| State Street Corp. | 3.48% |
| Fidelity Revere Street Trust | 3.43% |
| Schwab Charles Corp. | 3.35% |
| Morgan Stanley | 2.75% |
| KKR and CO INC | 2.38% |
FIVKX Portfolio Allocation
Asset-class allocation of Select Financials Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 3.5% |
FIVKX Performance
Total returns for FIVKX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -2.4% |
| 1 year | 8.9% |
| 3 years (annualised) | 22.9% |
| 5 years (annualised) | 9.9% |
FIVKX Risk Information
Risk metrics for FIVKX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.1%
FIVKX Costs and Fees
FIVKX costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.70%
- Portfolio turnover: 37%
- Brokerage commissions: 2.24 bps of average net assets (SEC N-CEN)
FIVKX Cashflows
Over the 12 months to 2026-05, Select Financials Portfolio had net outflows of $274.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$28.61M |
| 2026-04 | −$46.76M |
| 2026-03 | −$119.59M |
| 2026-02 | −$20.52M |
| 2026-01 | −$4.01M |
| 2025-12 | $41.76M |
FIVKX Debt Constituents
No individual debt constituents are reported in Select Financials Portfolio's latest SEC N-PORT filing.
FIVKX Prospectus and SEC Filings
Official Select Financials Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-08-04
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-24
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-05-12
- Annual census (N-CEN) — filed 2025-05-13
Related Funds
Other United States Mid Cap Blend / Core Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.