FRIFX: Fidelity® Real Estate Income

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

FRIFX Fidelity® Real Estate Income

  • Fund
  • FRIFX
  • Price as of: Dec 10, 2019
  • $12.65
    - $0.03 - 0.24%

Profile

FRIFX - Profile

Vitals

  • YTD Return 12.7%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $6.5 B
  • Holdings in Top 10 18.3%

52 WEEK LOW AND HIGH

$12.65
$11.04
$12.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

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

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

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

Distributions

  • YTD Total Return 12.7%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 4.55%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity® Real Estate Income Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Feb 04, 2003
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark P. Snyderman

Fund Description

The Fidelity Real Estate Income Fund (FRIFX) is a low-cost, actively managed fund investing in dividend-paying equities in the commercial real estate industry. The fund seeks to provide a higher-than-average sector income and can own REITs and preferred stocks from REITs in an attempt to increase the portfolio’s overall yield. The fund focuses its research on U.S.-domiciled real estate companies.

With its low costs and focus on dividends, FRIFX makes an ideal solution for income seekers’ core portfolios. The fund is managed by Fidelity.


Get Updates About FRIFX

Sign up for Advisor Access to receive email updates about FRIFX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Fund Company Quick Screens

FRIFX - Fund Company Quick Screens


Performance

FRIFX - Performance

Return Ranking - Trailing

Period FRIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.7% 0.0% 41.8% 88.01%
1 Yr 7.1% -21.4% 25.1% 78.11%
3 Yr 1.9%* -17.7% 15.0% 54.70%
5 Yr 1.2%* -13.5% 10.0% 48.78%
10 Yr 3.1%* -1.7% 14.1% 83.85%

* Annualized

Return Ranking - Calendar

Period FRIFX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.4% -44.0% 2.2% 9.49%
2017 1.7% -16.4% 25.4% 36.21%
2016 4.9% -28.0% 12.5% 7.76%
2015 -3.7% -19.4% 2.4% 38.31%
2014 5.3% -3.3% 31.5% 94.86%

Total Return Ranking - Trailing

Period FRIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.7% 0.0% 41.8% 88.01%
1 Yr 7.1% -21.4% 25.1% 82.26%
3 Yr 5.7%* -17.0% 15.0% 58.55%
5 Yr 5.8%* -13.0% 10.0% 40.49%
10 Yr 8.9%* -1.7% 14.1% 65.38%

* Annualized

Total Return Ranking - Calendar

Period FRIFX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.8% -43.3% 3.3% 7.11%
2017 7.3% -13.6% 31.4% 18.97%
2016 10.2% -12.3% 12.5% 1.83%
2015 1.8% -15.2% 7.7% 48.26%
2014 12.7% -3.3% 32.5% 93.71%

NAV & Total Return History


Holdings

FRIFX - Holdings

Concentration Analysis

FRIFX Category Low Category High FRIFX % Rank
Net Assets 6.5 B 1.73 M 69.9 B 4.72%
Number of Holdings 569 19 711 2.18%
Net Assets in Top 10 1.12 B 942 K 29.3 B 17.45%
Weighting of Top 10 18.26% 11.1% 145.8% 96.00%

Top 10 Holdings

  1. Equity Lifestyle Properties Inc 2.60%
  2. Apartment Investment & Management Co 2.53%
  3. American Tower Corp 2.45%
  4. Ventas Inc 2.34%
  5. Acadia Realty Trust 1.67%
  6. Mid-America Apartment Communities Inc 1.53%
  7. MFA Financial Inc 1.53%
  8. Crown Castle International Corp 1.40%
  9. Equinix Inc 1.11%
  10. New Residential Investment Corp 1.08%

Asset Allocation

Weighting Return Low Return High FRIFX % Rank
Bonds
37.79% -0.79% 97.77% 5.45%
Stocks
31.17% 6.49% 114.83% 93.09%
Preferred Stocks
18.65% 0.00% 50.29% 6.55%
Cash
7.36% -106.75% 19.21% 3.64%
Convertible Bonds
4.93% 0.00% 6.17% 0.73%
Other
0.09% -0.98% 89.86% 18.91%

Stock Sector Breakdown

Weighting Return Low Return High FRIFX % Rank
Real Estate
29.47% 2.00% 100.00% 92.13%
Financial Services
1.19% 0.00% 6.36% 7.12%
Industrials
0.29% -0.01% 9.29% 4.87%
Consumer Cyclical
0.23% -1.13% 31.52% 31.46%
Utilities
0.00% 0.00% 14.22% 49.81%
Technology
0.00% 0.00% 14.07% 65.54%
Healthcare
0.00% 0.00% 1.82% 49.44%
Energy
0.00% 0.00% 8.32% 49.44%
Communication Services
0.00% 0.00% 1.88% 49.06%
Consumer Defense
0.00% 0.00% 1.05% 49.06%
Basic Materials
0.00% -0.04% 13.17% 51.69%

Stock Geographic Breakdown

Weighting Return Low Return High FRIFX % Rank
US
30.48% 6.49% 114.83% 90.91%
Non US
0.69% 0.00% 33.24% 14.91%

Bond Sector Breakdown

Weighting Return Low Return High FRIFX % Rank
Corporate
44.33% 0.00% 54.98% 1.82%
Securitized
16.90% 0.00% 86.73% 4.73%
Cash & Equivalents
7.36% -106.90% 26.87% 4.36%
Derivative
0.00% -2.59% 0.04% 45.82%
Municipal
0.00% 0.00% 0.21% 46.55%
Government
0.00% -0.79% 62.17% 48.73%

Bond Geographic Breakdown

Weighting Return Low Return High FRIFX % Rank
US
36.53% -2.20% 111.37% 3.64%
Non US
1.26% -13.60% 14.39% 4.73%

Expenses

FRIFX - Expenses

Operational Fees

FRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.00% 135.20% 90.66%
Management Fee 0.54% 0.00% 1.50% 13.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.47% N/A

Sales Fees

FRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.75% 0.75% 2.00% 88.37%

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.

FRIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 3.00% 877.00% 7.49%

Distributions

FRIFX - Distributions

Dividend Yield Analysis

FRIFX Category Low Category High FRIFX % Rank
Dividend Yield 0.26% 0.00% 3.90% 75.27%

Dividend Distribution Analysis

FRIFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

FRIFX Category Low Category High FRIFX % Rank
Net Income Ratio 4.55% -0.10% 5.67% 1.95%

Capital Gain Distribution Analysis

FRIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FRIFX - Fund Manager Analysis

Managers

Mark P. Snyderman


Start Date

Tenure

Tenure Rank

Feb 04, 2003

16.83

16.8%

Snyderman is a portfolio manager and senior investment office for Fidelity Investments since 1994. Before joining Fidelity, he served as a director at Aldrich, Eastman & Waltch from 1988 to 1994. Previously, Snyderman was a founder of Commercial Mortgage Corp., a commercial mortgage conduit company sponsored by First Boston and Bain & Co., from 1986 to 1988.

William Maclay


Start Date

Tenure

Tenure Rank

Mar 01, 2019

0.75

0.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 25.92 7.72 0.03