Fidelity® Real Estate Income Fund (FRIFX)

11.67
Net Asset Value
+0.09%
1 Day
-2.67%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
0.78%
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+0.43% 3 years+4.79%
3 months+1.00% 5 years+4.73%
1 year+0.75% Since inception+7.40%
Data through --

Peer Comparisonvs. Real estate

 FRIFXCategory
Performance 5-yr return+4.73%+5.55%
Expense ratio0.78%1.20%
Risk 5 year sharpe ratio0.880.39
Net assets$5.0B$1.3B
Average market cap$5.6B$12.5B
Average P/E20.129.7
Portfolio turnover22%22%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Snyderman / 15 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income39.02%
U.S. stock28.78%
Other25.46%
Cash6.10%
International stock0.64%
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 Inc2.89%
AIV Apartment Investment and Management Co2.04%
AKR Acadia Realty Trust1.99%
VTR Ventas Inc1.86%
MFA MFA Financial Inc1.66%
CLNS Colony NorthStar Inc1.31%
MAA Mid-America Apartment Communities Inc1.19%
SNH Senior Housing Properties Trust1.03%
AMT American Tower1.01%
VERPRF Vereit Inc0.96%