Fidelity Advisor Telecommunications Fund Class C
FTUCX
NASDAQ- -
USD
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- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Dec 1, 2005
- CIK
- 0000320351
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Telecommunications Fund Class C (FTUCX) is a mutual fund that seeks capital appreciation by investing primarily in common stocks of companies engaged in the development, production, or distribution of telecommunications services; it normally invests at least 80% of assets in securities of such companies, including domestic and foreign issuers, and employs fundamental analysis of issuers' financial condition, industry position, market, and economic conditions. The fund offers multiple share classes including Class A (FTUAX), Class C (FTUCX), Class M (FTUTX), Class I (FTUIX), and Class Z (FIJGX), all part of the Fidelity Select Telecommunications Portfolio structure; top holdings as of mid-2025 include Verizon Communications Inc., AT&T Inc., AST SpaceMobile Inc., Gogo Inc., Frontier Communications Parent Inc., Iridium Communications Inc., T-Mobile US Inc., Cogent Communications Holdings Inc., Lumen Technologies Inc., and IDT Corp Class B, representing 76.58% of total net assets with sub-industry diversification emphasizing integrated telecommunication services (50.66%), alternative carriers (29.36%), and wireless telecommunication services (13.36%). Managed by Fidelity Investments, headquartered at 245 Summer Street in Boston, Massachusetts with operational offices in Smithfield, Rhode Island, the fund traces its portfolio inception to July 29, 1985, while the Class C shares (CUSIP 316390244) launched on December 1, 2005; it operates in the communications sector, primarily targeting U.S. equities (97.58% allocation) with minor international developed market exposure (1.38%), and maintains a non-diversified portfolio of approximately 28 holdings focused on mid-cap blend style. Portfolio assets stand at $271.0 million as of June 30, 2025, with a gross expense ratio of 1.80% for Class C shares and a turnover rate of 40%; the fund has delivered a 1-year NAV return of 31.75% and 5-year average annual return of 5.13% for Class C as of that date, benchmarked against the S&P 500 and MSCI U.S. IMI Telecommunication Services 25/50 Index. In recent developments, Alex Boyajian joined Nicole Abernethy as co-portfolio manager effective August 21, 2025, enhancing management tenure averaging several years at Fidelity; the fund has seen strategic positioning in high-growth holdings like AST SpaceMobile and Lumen Technologies amid sector shifts, including Lumen's $5 billion connectivity deals with Microsoft in 2025 and Telephone and Data Systems' sale of wireless operations to T-Mobile in 2024.