Fidelity Sustainability U.S. Equity Fund
FSEBX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jun 15, 2021
- CIK
- 0000225322
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity® Sustainable U.S. Equity Fund (FSEBX) is an open-end mutual fund that seeks long-term growth of capital primarily through investments in equity securities of U.S. companies exhibiting proven or improving sustainability practices, as determined by Fidelity Management & Research Company LLC (FMR), the fund's adviser. The fund normally invests at least 80% of its assets in such equity securities, including common stocks, preferred stocks, convertible securities, rights, warrants, and equity-like hybrid securities of domestic and foreign issuers deemed U.S.-based; effective December 11, 2025, this policy incorporates derivative instruments providing exposure to these investments or associated market risk factors. It employs FMR's proprietary ESG ratings process, integrating proprietary and third-party data with fundamental analysis of issuers' environmental profiles (e.g., emissions, water management, climate vulnerability), social factors (e.g., diversity, human capital, data privacy), and governance attributes (e.g., board independence, compensation); the fund also targets issuers delivering tangible environmental or social impact aligned with United Nations Sustainable Development Goals and applies exclusion criteria to avoid direct or significant revenue exposure to certain controversial industries. Launched on June 15, 2021, and domiciled in the United States with portfolio management at 245 Summer Street, Boston, MA 02210, the fund operates in the large blend category (Morningstar) with a growth investment style focused on large-cap U.S. equities, supplemented by non-U.S. stocks, cash, and minor other assets; as of recent data, total net assets stand at approximately $28.75 million, with top holdings including NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Alphabet Inc., representing 30.39% of the portfolio across sectors like technology (28.20%), industrials (12.76%), and consumer cyclical (12.50%). Share classes include FSEBX (no-load), alongside Advisor classes A (FSEKX), M (FSEPX), C (FSEOX), I (FSEQX), and Z (FSEWX), each with tailored expense caps through September 30, 2026 (e.g., 0.90% net for FSEBX, including a 0.63% performance-adjusted management fee); the portfolio turnover rate was 64% in the most recent fiscal year. Recent developments include the appointment of Preeti Sayana as portfolio manager effective June 13, 2025, enhancing management tenure amid ongoing expansions in Fidelity's sustainable investing lineup, which encompassed FSEBX as part of broader ESG fund launches in 2022; the fund maintains contractual expense reimbursements by FMR through fiscal year-end recoupment provisions and benchmarks performance against the Russell 3000® Index and MSCI USA IMI ESG Leaders Index. Available for sale in the United States with no minimum initial investment for FSEBX shares, the fund targets investors seeking ESG-integrated U.S. equity exposure, with daily NAV pricing when the NYSE is open.