Fidelity® Real Estate Income (FRIFX)

11.98
Net Asset Value
+0.42%
1 Day
+2.66%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
0.83%
Expense Ratio
Low
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. 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.

Performance

1 month+2.48% 3 years+11.35%
3 months+4.53% 5 years+12.07%
1 year+13.73% Since inception+8.13%
Data through --

Peer Comparisonvs. Real estate

 FRIFXCategory
Performance 5-yr return+12.07%+16.16%
Expense ratio0.83%1.31%
Risk 5 year sharpe ratio1.921.00
Net assets$4.5B$1.3B
Average market cap$3.4B$12.2B
Average P/E24.538.2
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

Fixed income39.56%
U.S. stock31.22%
Other20.01%
Cash8.33%
International stock0.89%
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
MFA MFA Financial Inc3.19%
ELS Equity Lifestyle Properties Inc2.90%
AKR Acadia Realty Trust2.62%
VTR Ventas Inc1.46%
LXP Lexington Realty Trust1.08%
AIV Apartment Investment & Management Company1.05%
WPC W P Carey Inc1.04%
SNH Senior Housing Properties Trust1.02%
-- Realogy Term B 03/05/201.02%
MAA Mid-America Apartment Communities1.00%

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