BOSTON--(BUSINESS WIRE)--Fidelity Investments®, one of the industry’s largest and most diversified financial services firms with more than $8.4 trillion in client assets, today announced that 16 actively-managed Fidelity mutual funds won a total of 26 Refinitiv Lipper Fund Awards.

The honors are given to individual mutual funds that have outperformed peers based on risk-adjusted, consistent returns over three-, five-, and 10-years relative to their peers. Refinitiv Lipper designates award-winning funds in most individual classifications for the three-, five-, and 10-year periods.

“The reason Fidelity exists hasn’t changed since our founding in 1946: To help strengthen and secure our clients’ financial well-being,” said Bart Grenier, head of Asset Management at Fidelity Investments. “Delivering strong, consistent long-term performance for our fund shareholders is core to that mission and we’re honored that the commitment and hard work of our investment professionals have been recognized by Lipper.”

The 16 Fidelity mutual funds recognized by Refinitiv Lipper range across a variety of asset classes and styles from equities, fixed income and asset allocation to international, high income and sector funds.

Refinitiv Lipper Fund Awards 2020 U.S. Winners

Sector Funds – 5

• Fidelity Select Financial Services Portfolio, managed by Matthew Reed, won an award in Refinitiv Lipper’s Financial Services category for the three-year period.
• Fidelity Select Medical Technology and Devices Portfolio, managed by Eddie Yoon, won awards in Refinitiv Lipper’s Health/Biotechnology category for the three- and five-year periods.
• Fidelity Select Software and IT Services Portfolio, managed by Ali Khan, won an award in Refinitiv Lipper’s Science & Technology category for the 10-year period.
• Fidelity Select Defense and Aerospace Portfolio, managed by Jonathan Siegmann, won awards in Refinitiv Lipper’s Industrials category for the three- and five-year periods.
• Fidelity Select Utilities Portfolio, managed by Douglas Simmons, won awards in Refinitiv Lipper’s Utility category for the three- and 10-year periods.

Asset Allocation Funds – 3

• Fidelity Advisor Freedom 2015 Fund – Class I (Institutional), managed by Andrew Dierdorf and Brett Sumsion, won an award in Refinitiv Lipper’s Mixed-Asset Target 2015 category for the five-year period.
• Fidelity Freedom Index 2035 Fund – Institutional Premium Class, managed by Andrew Dierdorf, Brett Sumsion, and Finola McGuire Foley, won an award in Refinitiv Lipper’s Mixed-Asset Target 2035 category for the three-year period.
• Fidelity Advisor Managed Retirement 2025 Fund – Class I (Institutional), managed by Andrew Dierdorf and Brett Sumsion, won awards in Refinitiv Lipper’s Retirement Income category for the five- and 10-year periods.

Fixed Income and High Income Funds – 3

• Fidelity Intermediate Government Income Fund, managed by Franco Castagliuolo and Sean Corcoran, won awards in Refinitiv Lipper’s Short-Intermediate U.S. Government category for the three-, five-, and 10-year periods.
• Fidelity Advisor High Income Advantage Fund – Class I (Institutional), managed by Brian Chang and Mark Notkin, won an award in Refinitiv Lipper’s High Yield category for the 10-year period.
• Fidelity Series High Income Fund,imanaged by Michael Weaver and Alexandre Karam, won awards in Refinitiv Lipper’s Global High Yield category for the three- and five-year periods.

Domestic and International Equity Funds – 5

• Fidelity Advisor Emerging Asia Fund – Class I (Institutional), managed by Xiaoting Zhao, won awards in Refinitiv Lipper’s Emerging Markets category for the five- and 10-year periods.
• Fidelity Series Intrinsic Opportunities Fund, i managed by Joel Tillinghast, won an award in Refinitiv Lipper’s Global Multi-Cap Value category for the five-year period.
• Fidelity Advisor Series Growth Opportunities Fund (Institutional), i managed by Kyle Weaver, won awards in Refinitiv Lipper’s Multi-Cap Growth category for the three- and five-year periods.
• Fidelity Advisor Growth Opportunities Fund – Class I (Institutional), managed by Kyle Weaver, won an award in Refinitiv Lipper’s Multi-Cap Growth category for the 10-year period.
• Fidelity Advisor International Small Cap Fund – Class I (Institutional), managed by Sam Chamovitz, won awards in Refinitiv Lipper’s International Small/Mid-Cap Core category for the five- and 10-year periods.

About Refinitiv Lipper Fund Awards

For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

About Fidelity Investments

Fidelity’s mission is to inspire better futures and deliver better outcomes for the customers and businesses we serve. With assets under administration of $8.4 trillion, including discretionary assets of $3.2 trillion as of January 31, 2020, we focus on meeting the unique needs of a diverse set of customers: helping more than 32 million people invest their own life savings, 22,000 businesses manage employee benefit programs, as well as providing more than 13,500 financial advisory firms with investment and technology solutions to invest their own clients’ money. Privately held for more than 70 years, Fidelity employs more than 40,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about.