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FHECX Fidelity Advisor® Real Estate C

  • Fund
  • FHECX
  • Price as of: Jan 18, 2019
  • $19.98
  • + $0.07
  • + 0.35%
  • Category
  • Real Estate

FHECX - Profile

Vitals

  • YTD Return 6.5%
  • 3 Yr Annualized Return -0.2%
  • 5 Yr Annualized Return 5.5%
  • Net Assets $518 M
  • Holdings in Top 10 54.5%

52 WEEK LOW AND HIGH

$19.98
$18.06
$22.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.86%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 69.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$500

Investment Themes

CATEGORY

Real Estate
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return 6.5%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 5.5%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity Advisor® Real Estate Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Sep 12, 2002
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Samuel J. Wald

FHECX - Performance

Return Ranking - Trailing

Period FHECX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.5% -59.9% 10.0% 16.13% 1
1 Yr -7.4% -40.6% 34.3% 76.31% 4
3 Yr -0.2% * -8.0% 14.3% 92.70% 5
5 Yr 5.5% * 1.6% 12.3% 83.80% 5
10 Yr 11.1% * 3.5% 16.7% 56.22% 3

* Annualized


Return Ranking - Calendar

Period FHECX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -12.0% -44.0% 7.9% 69.75% 4
2017 -3.1% -18.4% 25.4% 64.68% 4
2016 -1.7% -21.2% 29.1% 46.98% 3
2015 -1.1% -18.1% 31.5% 22.32% 2
2014 19.5% -22.5% 29.2% 61.40% 4

Total Return Ranking - Trailing

Period FHECX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.5% -100.0% 10.0% 16.67% 1
1 Yr -8.2% -22.2% 90.7% 71.08% 4
3 Yr -0.2% * -2.6% 14.3% 85.84% 5
5 Yr 5.5% * 1.6% 12.3% 77.78% 4
10 Yr 11.1% * 3.3% 16.7% 49.19% 3

* Annualized


Total Return Ranking - Calendar

Period FHECX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -12.0% -44.0% 8.0% 73.50% 4
2017 -3.1% -16.4% 40.1% 68.83% 4
2016 1.8% -16.3% 41.9% 44.74% 3
2015 2.3% -13.5% 80.3% 66.36% 4
2014 33.8% -26.1% 82.5% 45.50% 3

NAV & Total Return History

FHECX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

FHECX Category Low Category High FHECX % Rank Quintile
Net Assets 518 M 553 K 53.3 B 17.39% 2
Number of Holdings 44 5 686 16.21% 3
Net Assets in Top 10 315 M 711 K 22.1 B 15.42% 2
Weighting of Top 10 54.5% 3.7% 151.2% 4.74% 1

Top 10 Holdings

  1. Simon Property Group Inc 8.69%
  2. Boston Properties Inc 6.10%
  3. Essex Property Trust Inc 4.12%
  4. Public Storage 6.75%
  5. Ventas Inc 4.51%
  6. AvalonBay Communities Inc 5.87%
  7. Prologis Inc 7.05%
  8. Equity Residential 4.42%
  9. SL Green Realty Corp 3.49%
  10. Welltower Inc 3.46%

Asset Allocation

Weighting Category Low Category High FHECX % Rank Quintile
Stocks
98.44% 1.09% 102.22% 17.79% 4
Cash
1.56% -109.96% 74.22% 12.65% 2
Preferred Stocks
0.00% 0.00% 45.34% 6.32% 4
Other
0.00% -0.75% 108.20% 7.91% 4
Convertible Bonds
0.00% 0.00% 5.85% 3.16% 4
Bonds
0.00% 0.00% 108.71% 5.14% 4

Stock Sector Breakdown

Weighting Category Low Category High FHECX % Rank Quintile
Real Estate
95.95% 0.00% 100.00% 14.62% 2
Consumer Cyclical
1.84% 0.00% 38.62% 9.49% 2
Communication Services
0.65% -0.33% 13.23% 17.00% 3
Utilities
0.00% 0.00% 16.80% 1.58% 4
Technology
0.00% 0.00% 8.42% 8.30% 4
Industrials
0.00% -0.04% 11.94% 9.49% 4
Healthcare
0.00% 0.00% 5.41% 4.35% 4
Financial Services
0.00% 0.00% 10.65% 4.74% 4
Energy
0.00% 0.00% 38.67% 2.77% 4
Consumer Defense
0.00% 0.00% 1.03% 2.37% 4
Basic Materials
0.00% -0.06% 34.39% 11.46% 4

Stock Geographic Breakdown

Weighting Category Low Category High FHECX % Rank Quintile
US
98.44% 1.00% 100.28% 16.21% 3
Non US
0.00% 0.00% 47.52% 13.04% 4

FHECX - Expenses

Operational Fees

FHECX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.86% 0.07% 29.08% 21.34% 4
Management Fee 0.54% 0.00% 1.20% 12.65% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.58% 5
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

FHECX Fees (% of AUM) Category Low Category High FHECX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 5.26% 3

Trading Fees

FHECX Fees (% of AUM) Category Low Category High FHECX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FHECX Fees (% of AUM) Category Low Category High FHECX Rank Quintile
Turnover 69.00% 0.00% 1060.00% 13.44% 3

FHECX - Distributions

Dividend Yield Analysis

FHECX Category Low Category High FHECX % Rank Quintile
Dividend Yield 0.9% 0.01% 6.48% 8.94% 1

Dividend Distribution Analysis

FHECX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FHECX Category Low Category High FHECX % Rank Quintile
Net Income Ratio 0.65% -0.56% 4.97% 55.73% 5

Capital Gain Distribution Analysis

FHECX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Quarterly Annually

FHECX - Managers

Samuel J. Wald

Manager

Start Date

Oct 04, 2004

Tenure

14.25

Tenure Rank

5.2%

Wald is a vice president and portfolio manager with Fidelity Investments. Since joining Fidelity in 1996, he has worked as a research analyst, associate portfolio manager and manager.


Tenure Analysis

Category Low

0.0

Category High

25.0

Category Average

7.99

Category Mode

4.0