Fidelity Natural Resources Fund

Fidelity Natural Resources Fund

FNARX
Fidelity Natural Resources FundUS flagNASDAQ
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USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
245 Summer Street Boston MA United States of America 2210
IPO Date
Feb 28, 1997
Business
Fidelity Natural Resources Fund (FNARX) is an open-end mutual fund managed by Fidelity Management & Research Company LLC that seeks capital appreciation by investing primarily in securities of companies principally engaged in the ownership, development, or extraction of natural resources, or those supplying goods and services to such companies; it also invests in precious metals and related securities, including common stocks of domestic and foreign issuers. The fund normally allocates at least 80% of its assets to this focus, employing fundamental analysis of issuers' financial conditions, industry positions, market dynamics, and economic factors; it is classified in the Morningstar Equity Energy category and remains non-diversified, with top holdings as of recent data including Galp Energia SGPS SA, Agnico Eagle Mines Ltd, Athabasca Oil Corp, and South Bow Corp. Fidelity Investments, the fund's parent organization founded in 1946 and headquartered at 245 Summer Street in Boston, Massachusetts, offers the fund to investors principally in the United States through various retail and institutional channels, with net assets approximating $656 million and a net expense ratio of 0.69%. The fund, launched on March 3, 1997 under CUSIP 316390491, maintains daily pricing and is available without front-end loads or deferred loads. No major acquisitions, partnerships, funding rounds, new product launches, or strategic reorganizations have been reported for the fund in the last 1-2 years, with portfolio management led by Ashley Fernandes since January 1, 2021.