Fidelity® Real Estate Income Fund (FRIFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks higher than average income; and capital growth is the secondary objective. The fund normally invests primarily in preferred and common stocks of REITs; debt securities of real estate entities; and commercial and other mortgage-backed securities- with an emphasis on lower-quality debt securities (those of less than investment-grade quality- also referred to as high yield debt securities or junk bonds). It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund invests in domestic and foreign issuers.


1 month-0.81% 3 years+3.72%
3 months-3.89% 5 years+5.12%
1 year+0.42% Since inception+7.38%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+5.12%+8.68%
Expense ratio0.78%1.20%
Risk 5 year sharpe ratio0.960.45
Net assets$5.0B$1.2B
Average market cap$5.6B$13.0B
Average P/E20.433.1
Portfolio turnover22%22%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 15 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


Fixed income39.05%
U.S. stock28.71%
International stock0.59%
Top 5 Sectors
Portfolio weighting
Financial service 89.52%
Healthcare 6.10%
Consumer service 2.58%
Industrial materials 1.80%
Business service 0.00%
Top 10 Holdings
Portfolio weighting
ELS Equity LifeStyle Properties Inc2.95%
AKR Acadia Realty Trust2.18%
AIV Apartment Investment and Management Co1.97%
VTR Ventas Inc1.85%
MFA MFA Financial Inc1.84%
CLNS Colony NorthStar Inc1.56%
MAA Mid-America Apartment Communities Inc1.12%
SNH Senior Housing Properties Trust1.07%
EXR Extra Space Storage Inc0.99%
VERPRF Vereit Inc0.94%