Why Did the Fidelity Select Computers Fund Drop 7.71% Today?

The Fidelity Select Computers Fund (FDCPX, last change: -7.71%) will pay both a long-term capital gains distribution and a small dividend on Monday, according to the Fidelity customer service. The more than 7% capital distribution is the first since 2000. The details will be available on the Fidelity website shortly.