Fidelity Advisor is trading at 46.41 as of the 15th of December 2024; that is 0.02% up since the beginning of the trading day. The fund's open price was 46.4. Fidelity Advisor has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 16th of October 2024 and ending today, the 15th of December 2024. Click here to learn more.
The fund normally invests primarily in common stocks. It invests at least 80 percent of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. The fund invests in domestic and foreign issuers. More on Fidelity Advisor Utilities
Fidelity Advisor Utilities [FUGAX] is traded in USA and was established 15th of December 2024. Fidelity Advisor is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Utilities category and is part of Fidelity Investments family. This fund currently has accumulated 354.49 M in assets under management (AUM) with no minimum investment requirementsFidelity Advisor Uti is currently producing year-to-date (YTD) return of 32.14% with the current yeild of 0.02%, while the total return for the last 3 years was 12.45%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Advisor Utilities Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Advisor Utilities Mutual Fund Constituents
Other Information on Investing in Fidelity Mutual Fund
Fidelity Advisor financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Advisor security.