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Fidelity® Real Estate Income (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-0.52% 3 years+6.57%
3 months+2.65% 5 years+8.57%
1 year+2.23% Since inception+7.71%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+8.57%+11.19%
Expense ratio0.83%1.29%
Risk 5 year sharpe ratio1.490.80
Net assets$4.2B$1.2B
Average market cap$3.5B$12.7B
Average P/E20.633.5
Portfolio turnover19%19%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


Fixed income38.41%
U.S. stock31.01%
International stock0.46%
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 Inc3.56%
MFA MFA Financial Inc3.04%
AKR Acadia Realty Trust2.79%
VTR Ventas Inc1.48%
MAA Mid-America Apartment Communities Inc1.16%
VERPRF Vereit Inc1.14%
WPC W. P. Carey Inc1.11%
SNH Senior Housing Properties Trust1.05%
-- 1.03%
AIV Apartment Investment and Management Co0.98%