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Telecommunications Portfolio (FSTCX) proxy voting record 2026

Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.

The question on the ballot

As filed

Fidelity Select Portfolios files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.

SourceProxy-voting record filed by Fidelity Select Portfolios on 2026-08-27 · open the filing · vote table (ProxyVotingTable.xml, 15 MB)

TickersFSTCX, FTUAX (Fidelity Advisor Telecommunications Fund: Class A), FTUCX (Fidelity Advisor Telecommunications Fund: Class C), FTUTX (Fidelity Advisor Telecommunications Fund: Class M), FTUIX (Fidelity Advisor Telecommunications Fund: Class I), FIJGX (Fidelity Advisor Telecommunications Fund: Class Z) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes

How it voted, by issue

Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 68.8% of the time across 16 votes.

IssueProposals facedBackedShare backed
Climate & environment200%
Pay equity & inclusion100%
Corporate governance4125%

Ballots it voted

Verizon Communications Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment

Should Verizon Communications publish a fuller account of its emissions and how it plans to cut them?

Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.

AGAINST  Telecommunications Portfolio voted with 1,017,897 shares

“Board oversight of material issues related to climate change”

SourceFidelity Select Portfolios, Form N-PX filed 2026-08-27 · accession 0000320351-26-000385 · series S000007485 · open the filing

Verizon Communications Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment

Risks of non-fiduciary executive compensation metrics

AGAINST  Telecommunications Portfolio voted with 1,017,897 shares

“Risks of non-fiduciary executive compensation metrics”

SourceFidelity Select Portfolios, Form N-PX filed 2026-08-27 · accession 0000320351-26-000385 · series S000007485 · open the filing

AT&T Inc. · 14 May 2026 · put on the ballot by shareholder · Pay equity & inclusion

Should AT&T publish the workforce breakdown it already files with the government?

Shareholders asked the company to publish its EEO-1 report — the table of employees by job category, race and sex that it is already required to submit to federal regulators — instead of keeping it confidential.

AGAINST  Telecommunications Portfolio voted with 1,915,020 shares

“EEO-1 Report Disclosure Policy”

SourceFidelity Select Portfolios, Form N-PX filed 2026-08-27 · accession 0000320351-26-000385 · series S000007485 · open the filing

AT&T Inc. · 14 May 2026 · put on the ballot by shareholder

Should AT&T’s shareholders be able to act without waiting for a meeting?

Shareholders asked for the right to act by written consent — to approve a measure once holders of enough shares agree in writing, instead of waiting for the company to schedule a meeting.

AGAINST  Telecommunications Portfolio voted with 1,915,020 shares

“Shareholder Right to Act by Written Consent”

SourceFidelity Select Portfolios, Form N-PX filed 2026-08-27 · accession 0000320351-26-000385 · series S000007485 · open the filing

Lumen Technologies, Inc. · 20 May 2026 · put on the ballot by shareholder

Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill.

FOR  Telecommunications Portfolio voted with 1,814,000 shares

“Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill.”

SourceFidelity Select Portfolios, Form N-PX filed 2026-08-27 · accession 0000320351-26-000385 · series S000007485 · open the filing

Other funds Fidelity Select Portfolios votes

The same filer reports these alongside this one, in the same annual filing.

Automotive Portfolio91.3% for exec payBanking Portfolio100% for exec payBiotechnology Portfolio90.4% for exec payBrokerage and Investment Management Portfolio89.7% for exec payChemicals Portfolio100% for exec payCommunication Services Portfolio95.5% for exec payConstruction and Housing Portfolio88.6% for exec payConsumer Discretionary Portfolio91.7% for exec payConsumer Staples Portfolio96.9% for exec payDefense and Aerospace Portfolio100% for exec pay

No 401(k) plan we index offers this fund. Its record is here because the fund files it with the SEC, as every fund must: whoever holds it, in an IRA, a brokerage account or a plan we have not indexed, the fund votes those shares as shown on this page.

More funds no plan we index offers, and how each voted →