Fidelity� Real Estate Income Fund

 (MUTF:FRIFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.52%  
1 week
   
-0.17%  
4 week
   
-2.97%  
3 month
   
-4.72%  
YTD
   
-4.59%  
1 year   +0.17%
   
3 years*   +4.00%
   
5 years*   +5.44%
   
*annualized
Best 3 month return+20.55%  
Worst 3 month return-28.34%  

Morningstar statistics

Morningstar category: Real Estate
  Return Risk Rating
3 years High Low
5 years Below Average Low
10 years Above Average Low
Overall Above Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets5.27B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash6.06%  
Stocks29.30%  
Bonds39.05%  
Preferred19.51%  
Convertible6.08%  
Other0.00%  

Purchase information

Initial$2,500  
IRA Initial$2,500  
11.48+0.04(0.35%)
Feb 21, 7:00PM EST Overall Morningstar RatingTM

Description

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.
Fund filings (PDF) »
Asset manager:
Mark Snyderman (Started: Feb 4, 2003)
Advisor Company:
Fidelity Management & Research Company
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, Boston, MA 02109, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 12.61 1.88 3.21 4.37
Beta* -0.40 0.22 0.24 0.44
Mean annual return 0.35 0.40 0.51 0.65
R-squared* 27.60 22.87 21.82 55.97
Standard deviation 3.52 4.82 5.15 9.76
Sharpe ratio 0.89 0.90 1.12 0.76
* Against standard index

Top 10 holdings

Security Net Assets  
Equity Lifestyle Properties Inc (ELS) 2.95%  
Acadia Realty Trust (AKR) 2.18%  
Apartment Investment & Management Co (AIV) 1.97%  
Ventas Inc (VTR) 1.85%  
MFA Financial Inc (MFA) 1.84%  
Colony NorthStar Inc A (CLNS) 1.56%  
Mid-America Apartment Communities Inc (MAA) 1.12%  
Senior Housing Properties Trust (SNH) 1.07%  
Extra Space Storage Inc (EXR) 0.99%  
Vereit Pfd 0.94%