FSLEX — Fidelity Environment and Alternative Energy Fund
Data updated: 2026-07-24
FSLEX — Fidelity Environment and Alternative Energy Fund. United States Large Cap Blend / Core Thematic Equity. Holdings, fees, performance and SEC filings.
FSLEX Fund Overview
FSLEX — Fidelity Environment and Alternative Energy Fund is a US mutual fund managed by Fidelity Select Portfolios, categorised as United States Large Cap Blend / Core Thematic 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 Large Cap Blend / Core Thematic Equity
- Assets under management: $699.56M
- 1-year return: 35.5%
- Ticker: FSLEX
- SEC CIK: 0000320351
- SEC series ID: S000007461
- Share class ID: C000020435
FSLEX Holdings
Top 10 holdings of Fidelity Environment and Alternative Energy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tesla, Inc. | 9.65% |
| Microsoft Corp. | 8.15% |
| Cisco Systems, Inc. | 5.13% |
| Nxp Semiconductors NV | 4.55% |
| Arista Networks, Inc. | 3.67% |
| Analog Devices, Inc. | 3.63% |
| Eaton Corp. PLC | 3.41% |
| Prologis, Inc. | 3.32% |
| IBM Corporation | 3.17% |
| Linde PLC | 3.07% |
FSLEX Portfolio Allocation
Asset-class allocation of Fidelity Environment and Alternative Energy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 2.0% |
FSLEX Performance
Total returns for FSLEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.7% |
| 1 year | 35.5% |
| 3 years (annualised) | 24.9% |
| 5 years (annualised) | 12.1% |
FSLEX Risk Information
Risk metrics for FSLEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.3%
FSLEX Costs and Fees
FSLEX costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 50%
- Brokerage commissions: 1.49 bps of average net assets (SEC N-CEN)
FSLEX Cashflows
Over the 12 months to 2026-05, Fidelity Environment and Alternative Energy Fund had net inflows of $2.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $6.21M |
| 2026-04 | $8.90M |
| 2026-03 | −$2.63M |
| 2026-02 | $1.38M |
| 2026-01 | $3.41M |
| 2025-12 | −$4.36M |
FSLEX Debt Constituents
No individual debt constituents are reported in Fidelity Environment and Alternative Energy Fund's latest SEC N-PORT filing.
FSLEX Prospectus and SEC Filings
Official Fidelity Environment and Alternative Energy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus supplement (497) — filed 2025-10-30
- 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 Large Cap Blend / Core Thematic 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.