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Fidelity® Real Estate Income Fund (FRIFX)

12.11
Net Asset Value
+0.25%
1 Day
+2.71%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
0.82%
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 (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.

Performance

1 month+1.68% 3 years+7.55%
3 months+4.48% 5 years+8.84%
1 year+15.89% Since inception+7.81%
Data through --

Peer Comparisonvs. Real estate

 FRIFXCategory
Performance 5-yr return+8.84%+10.84%
Expense ratio0.82%1.26%
Risk 5 year sharpe ratio1.610.76
Net assets$4.9B$1.4B
Average market cap$3.8B$12.8B
Average P/E25.025.7
Portfolio turnover26%26%

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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

Holdings

Fixed income39.14%
U.S. stock31.32%
Other21.32%
Cash7.71%
International stock0.51%
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 Inc3.49%
AKR Acadia Realty Trust2.68%
MFA MFA Financial Inc2.53%
VTR Ventas Inc2.11%
AIV Apartment Investment and Management Co1.54%
SNH Senior Housing Properties Trust1.31%
-- 1.18%
VERPRF Vereit Inc1.10%
EXR Extra Space Storage Inc1.06%
LXP Lexington Realty Trust1.00%