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Fidelity® Real Estate Income (FRIFX)

11.66
Net Asset Value
+0.26%
1 Day
-0.09%
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+1.39% 3 years+8.02%
3 months-0.84% 5 years+9.76%
1 year+3.60% Since inception+7.77%
Data through --

Peer Comparisonvs. Real estate

 FRIFXCategory
Performance 5-yr return+9.76%+13.53%
Expense ratio0.83%1.30%
Risk 5 year sharpe ratio1.710.92
Net assets$4.3B$1.2B
Average market cap$3.3B$12.0B
Average P/E19.230.1
Portfolio turnover29%29%

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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$500.00

Holdings

Fixed income38.08%
U.S. stock30.44%
Other22.19%
Cash8.67%
International stock0.62%
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 Inc3.05%
MFA MFA Financial Inc2.92%
AKR Acadia Realty Trust2.53%
VTR Ventas Inc1.17%
SNH Senior Housing Properties Trust1.07%
ARCPP Vereit Inc1.05%
WPC W. P. Carey Inc1.02%
MAA Mid-America Apartment Communities Inc1.02%
-- 0.98%
AIV Apartment Investment and Management Co0.97%