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Fidelity Advisor® Real Estate Income Fund Class C (FRIOX)

12.12
Net Asset Value
+0.25%
1 Day
+4.12%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
1.79%
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+1.42% 3 years+5.95%
3 months+3.13% 5 years+7.72%
1 year+8.13% Since inception+8.10%
Data through --

Peer Comparisonvs. Real estate

 FRIOXCategory
Performance 5-yr return+7.72%+8.82%
Expense ratio1.79%1.23%
Risk 5 year sharpe ratio1.430.75
Net assets$5.1B$1.4B
Average market cap$3.8B$13.8B
Average P/E22.327.2
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$500.00

Holdings

Fixed income39.18%
U.S. stock30.81%
Other20.95%
Cash8.53%
International stock0.54%
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 Inc3.30%
MFA MFA Financial Inc2.54%
AKR Acadia Realty Trust2.54%
VTR Ventas Inc2.04%
AIV Apartment Investment and Management Co1.80%
CLNS Colony NorthStar Inc1.77%
SNH Senior Housing Properties Trust1.24%
EXR Extra Space Storage Inc1.05%
MAA Mid-America Apartment Communities Inc1.04%
VERPRF Vereit Inc1.04%