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FRESX Fidelity® Real Estate Investment Port

  • Fund
  • FRESX
  • Price as of: Apr 24, 2019
  • $44.30 + $0.41 + 0.93%
  • Category
  • Real Estate

FRESX - Profile

Vitals

  • YTD Return 15.3%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 4.4%
  • Net Assets $4.13 B
  • Holdings in Top 10 56.4%

52 WEEK LOW AND HIGH

$44.30
$36.92
$45.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.76%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 15.3%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.99%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity® Real Estate Investment Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Nov 17, 1986
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States

Fund Description

The Fidelity Real Estate Investment Portfolio (FRESX) is an actively managed fund that seeks above-average income and long-term capital growth. In order to achieve its goal of providing a dividend yield higher than the S&P 500, the fund invests in real estate equites domiciled in the United States. FRESX’s management uses bottom-up and top-down analysis to craft a portfolio of dividend-paying REITs.

For income seekers, or those investors looking to add a dash of real estate exposure to their portfolios, the fund makes an excellent subcore choice. The fund is internally managed by Fidelity.

FRESX - Performance

Return Ranking - Trailing

Period FRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% 6.6% 23.4% 50.53%
1 Yr 15.9% -30.8% 19.5% 15.05%
3 Yr 1.6%* -17.1% 5.4% 26.34%
5 Yr 4.4%* -10.9% 19.3% 15.61%
10 Yr 12.6%* 2.5% 16.0% 2.44%

* Annualized


Return Ranking - Calendar

Period FRESX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.1% -44.0% -5.8% 20.43%
2017 0.3% -16.4% 25.4% 51.61%
2016 2.7% -17.0% 8.6% 17.20%
2015 -0.7% -18.1% 2.4% 14.05%
2014 27.9% -3.3% 115.9% 14.71%

Total Return Ranking - Trailing

Period FRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% 6.6% 23.4% 50.53%
1 Yr 18.8% -29.9% 22.0% 8.60%
3 Yr 5.4%* -16.6% 9.1% 19.35%
5 Yr 8.5%* -10.5% 19.3% 9.25%
10 Yr 15.8%* 2.5% 16.2% 4.07%

* Annualized


Total Return Ranking - Calendar

Period FRESX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.7% -43.3% -1.9% 17.74%
2017 4.3% -13.6% 32.7% 53.76%
2016 7.7% -12.3% 10.2% 13.98%
2015 6.1% -15.2% 7.6% 3.24%
2014 30.1% -3.3% 115.9% 24.71%

NAV & Total Return History

FRESX - Holdings

Concentration Analysis

FRESX Category Low Category High FRESX % Rank
Net Assets 4.13 B 10.7 M 63.8 B 12.23%
Number of Holdings 42 21 731 60.64%
Net Assets in Top 10 2.25 B 3.93 M 26.5 B 4.26%
Weighting of Top 10 56.36% 11.9% 161.1% 5.32%

Top 10 Holdings

  1. Prologis Inc 9.61%

  2. Simon Property Group Inc 9.36%

  3. UDR Inc 5.64%

  4. Boston Properties Inc 5.21%

  5. Duke Realty Corp 4.64%

  6. Ventas Inc 4.50%

  7. Equity Residential 4.49%

  8. AvalonBay Communities Inc 4.33%

  9. Welltower Inc 4.31%

  10. Digital Realty Trust Inc 4.29%


Asset Allocation

Weighting Return Low Return High FRESX % Rank
Stocks
98.30% 15.70% 100.19% 68.62%
Cash
1.70% -113.94% 12.44% 28.72%
Preferred Stocks
0.00% 0.00% 52.49% 13.30%
Other
0.00% -0.59% 8.66% 19.68%
Convertible Bonds
0.00% 0.00% 5.90% 9.04%
Bonds
0.00% 0.00% 113.82% 9.57%

Stock Sector Breakdown

Weighting Return Low Return High FRESX % Rank
Real Estate
98.30% 12.48% 99.82% 27.66%
Utilities
0.00% 0.00% 0.00% 3.72%
Technology
0.00% 0.00% 9.96% 33.51%
Industrials
0.00% -0.02% 9.16% 29.79%
Healthcare
0.00% 0.00% 4.62% 7.45%
Financial Services
0.00% 0.00% 14.48% 13.83%
Energy
0.00% 0.00% 4.87% 5.32%
Communication Services
0.00% 0.00% 11.59% 56.91%
Consumer Defense
0.00% 0.00% 0.72% 5.85%
Consumer Cyclical
0.00% 0.00% 37.68% 60.64%
Basic Materials
0.00% -0.05% 16.58% 37.23%

Stock Geographic Breakdown

Weighting Return Low Return High FRESX % Rank
US
97.56% 15.70% 100.00% 67.02%
Non US
0.74% 0.00% 47.66% 33.51%

FRESX - Expenses

Operational Fees

FRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.00% 29.08% 91.49%
Management Fee 0.54% 0.00% 1.20% 12.77%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 2.00% 80.65%

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.

FRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 3.00% 1060.00% 12.23%

FRESX - Distributions

Dividend Yield Analysis

FRESX Category Low Category High FRESX % Rank
Dividend Yield 0.00% 0.00% 0.05% 91.49%

Dividend Distribution Analysis

FRESX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

FRESX Category Low Category High FRESX % Rank
Net Income Ratio 1.99% -0.10% 5.36% 27.13%

Capital Gain Distribution Analysis

FRESX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FRESX - Managers

Tenure Analysis

Category Low

0.04

Category High

25.25

Category Average

8.8

Category Mode

13.25