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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+0.60% 3 years+6.94%
3 months+0.44% 5 years+7.42%
1 year+9.41% Since inception+7.81%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+7.42%+8.73%
Expense ratio0.78%1.21%
Risk 5 year sharpe ratio1.380.76
Net assets$5.5B$1.4B
Average market cap$5.3B$14.3B
Average P/E20.931.9
Portfolio turnover22%22%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


Fixed income37.35%
U.S. stock30.43%
International stock0.54%
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 Inc3.12%
AKR Acadia Realty Trust2.35%
MFA MFA Financial Inc2.13%
VTR Ventas Inc2.06%
AIV Apartment Investment and Management Co1.95%
CLNS Colony NorthStar Inc1.89%
SNH Senior Housing Properties Trust1.15%
MAA Mid-America Apartment Communities Inc1.14%
EXR Extra Space Storage Inc1.10%
VERPRF Vereit Inc0.99%