Summary
Fidelity Select Brokerage & Inv Mgmt is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 37. The ten largest make up 55% of the fund.
- Positions
- 37
- Dividend yield
- 2.17%
What speaks for it
- Average yearly growth over the last ten years: 11%.
What to watch
- The ten largest positions make up 55% of the fund, so its result rests on a few names.
- In the last five years its price once dropped by 32% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.7%
- 3 months
- -2.6%
- This year
- -12%
- 1 year
- -12%
- 3 years
- +56%
- 5 years
- +24%
- 10 years
- +179%
- Avg. market cap
- $81.5B
- P/E
- 21.1x
- Forward P/E
- 16.7x
- P/S
- 3.7x
- P/B
- 4.0x
- P/FCF
- 14.4x
- EV/EBITDA
- -
- Dividend yield
- 2.21%
- ROIC
- -
- ROE
- 23.0%
- Gross margin
- -
- Operating margin
- 31.4%
- Net margin
- 22.0%
- Payout ratio
- 46.7%
- Net debt/EBITDA
- -
- Beta
- 1.20
Weighted average of the 34 largest companies, which make up 99% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SCCharles Schwab SCHW 9.1%
- 2 KKKKR & Co. Inc. KKR 6.3%
- 3 ICIntercontinental Exchange, Inc. ICE 5.7%
- 4 MCMoody's MCO 5.6%
- 5 BLBlackRock BLK 5.3%
- 6 ARAres Management Corporation ARES 5.3%
- 7 OWBlue Owl Capital Inc. OWL 5.2%
- 8 STState Street Corporation STT 5.2%
- 9 SPS&P Global SPGI 3.6%
- 10 BXBlackstone BX 3.6%
Positions in the fund: 37. The ten largest make up 55% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Mega cap 3.4%
- Large cap 85%
- Mid cap 11%
- Small cap 0.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest size group: Large cap (85%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +11%
- Deepest drop
- -32%
- Yearly volatility
- 22%
Average yearly growth over the last ten years: 11%. Deepest drop in these years: 32% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.17%
- Payments a year
- 2
- Last payment
- $2.45
Over the last 12 months it paid $3.68 per share, which is 2.17% of today's price. The last payment was $2.45 on Apr 10, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.1
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 33%
- Fairly valued 13%
- Overvalued 54%
On average the companies inside trade for 21.1 times their yearly profit. By Fair Price, 54% of the rated weight comes out as overvalued.
Counted from its largest companies (34), which make up 99% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IA IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | United States | 0.37% | $1.29B | +0.9% | Pays out | 50% |
KC KCE State Street SPDR S&P Capital Markets ETF | United States | 0.35% | $436.3M | +2.1% | Pays out | 45% |
BC BCFN Baron Financials ETF | United States | 0.80% | $44.5M | - | Reinvests | 38% |
LB LBO WHITEWOLF Publicly Listed Private Equity ETF | United States | 6.53% | $6.21M | -16% | Pays out | 33% |
GA GABF Gabelli Financial Services Opportunities ETF | United States | 1.64% | $35.3M | -10% | Pays out | 29% |
RS RSPF Invesco S&P 500 Equal Weight Financials ETF | United States | 0.40% | $322.0M | +6.8% | Pays out | 26% |