FTUAX

About FTUAX

Fidelity Advisor Telecommunications Fund Class A is a mutual fund focused on achieving capital appreciation by investing primarily in companies involved in the development, production, or distribution of telecommunications services. The fund maintains a policy of investing at least 80% of its assets in securities of businesses principally engaged in telecommunications, with a strong emphasis on common stocks. Its portfolio spans major industry participants, including both domestic and select international issuers, offering concentrated exposure to the communications sector. Notable holdings include leading firms such as AT&T, Verizon Communications, and T-Mobile US, reflecting its strategy to capture opportunities across traditional and emerging telecom services. The fund, established in 1985, plays a significant role in providing targeted access to the telecommunications industry for investors seeking sector-specific exposure, and is benchmarked against broad-based indices like the S&P 500 and telecommunications sector indices. With a considerable asset base and a turnover rate that allows for active portfolio management, this fund stands as a specialized vehicle within the mutual fund landscape, highlighted for its focused approach within the communication services sector.