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Fidelity® Real Estate Income (FRIFX)

10.74
Net Asset Value
+0.56%
1 Day
-4.45%
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 (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-3.33% 3 years+3.38%
3 months-3.39% 5 years+6.65%
1 year-4.74% Since inception+7.42%
Data through --

Peer Comparisonvs. Real estate

 FRIFXCategory
Performance 5-yr return+6.65%+11.10%
Expense ratio0.83%1.27%
Risk 5 year sharpe ratio1.280.68
Net assets$4.1B$1.3B
Average market cap$3.4B$12.9B
Average P/E19.429.6
Portfolio turnover19%19%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income37.80%
U.S. stock31.24%
Other22.96%
Cash7.51%
International stock0.48%
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 Inc3.81%
MFA MFA Financial Inc2.96%
AKR Acadia Realty Trust2.94%
VTR Ventas Inc1.54%
WPC W. P. Carey Inc1.32%
MAA Mid-America Apartment Communities Inc1.21%
VERPRF Vereit Inc1.18%
LXP Lexington Realty Trust1.01%
SNH Senior Housing Properties Trust0.99%
-- 0.96%

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