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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
-1.9%
1 yr return
8.7%
3 Yr Avg Return
4.4%
5 Yr Avg Return
-2.5%
Net Assets
$343 M
Holdings in Top 10
36.6%
Expense Ratio 0.78%
Front Load N/A
Deferred Load N/A
Turnover 37.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
| Period | FIKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -7.2% | 12.3% | 92.47% |
| 1 Yr | 8.7% | 0.3% | 33.7% | 66.44% |
| 3 Yr | 4.4%* | -2.4% | 23.8% | 93.84% |
| 5 Yr | -2.5%* | -3.7% | 13.9% | 91.61% |
| 10 Yr | N/A* | 0.5% | 12.7% | 4.00% |
* Annualized
| Period | FIKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 19.2% | -11.8% | 22.7% | 4.11% |
| 2024 | -13.5% | -17.7% | 17.9% | 93.15% |
| 2023 | 2.0% | -11.9% | 16.7% | 90.97% |
| 2022 | -29.6% | -39.5% | -3.5% | 69.23% |
| 2021 | 6.1% | -0.9% | 30.7% | 88.81% |
| Period | FIKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -7.2% | 12.3% | 92.47% |
| 1 Yr | 8.7% | 0.3% | 33.7% | 66.44% |
| 3 Yr | 4.4%* | -2.4% | 23.8% | 93.84% |
| 5 Yr | -2.5%* | -3.7% | 13.9% | 91.61% |
| 10 Yr | N/A* | 0.5% | 12.7% | 4.00% |
* Annualized
| Period | FIKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 22.9% | 0.2% | 30.3% | 6.85% |
| 2024 | -9.4% | -12.2% | 27.7% | 92.47% |
| 2023 | 4.3% | -11.0% | 23.4% | 93.06% |
| 2022 | -26.6% | -33.7% | 0.2% | 65.03% |
| 2021 | 12.0% | 5.7% | 101.8% | 88.81% |
| FIKLX | Category Low | Category High | FIKLX % Rank | |
|---|---|---|---|---|
| Net Assets | 343 M | 17 M | 7.06 B | 46.58% |
| Number of Holdings | 80 | 5 | 744 | 49.32% |
| Net Assets in Top 10 | 132 M | 12.4 M | 4.56 B | 49.32% |
| Weighting of Top 10 | 36.57% | 20.9% | 65.0% | 75.86% |
| Weighting | Return Low | Return High | FIKLX % Rank | |
|---|---|---|---|---|
| Stocks | 98.98% | 0.95% | 126.54% | 51.37% |
| Cash | 8.90% | 0.00% | 12.67% | 8.22% |
| Preferred Stocks | 0.00% | 0.00% | 10.65% | 65.75% |
| Other | 0.00% | -33.49% | 7.12% | 78.77% |
| Convertible Bonds | 0.00% | 0.00% | 0.07% | 64.38% |
| Bonds | 0.00% | 0.00% | 7.33% | 63.70% |
| Weighting | Return Low | Return High | FIKLX % Rank | |
|---|---|---|---|---|
| Real Estate | 87.17% | 72.53% | 100.00% | 92.47% |
| Communication Services | 3.97% | 0.00% | 10.08% | 6.16% |
| Consumer Cyclical | 3.73% | 0.00% | 13.03% | 8.22% |
| Industrials | 2.11% | 0.00% | 4.91% | 5.48% |
| Healthcare | 1.54% | 0.00% | 1.54% | 2.05% |
| Technology | 0.95% | 0.00% | 4.92% | 12.33% |
| Financial Services | 0.53% | 0.00% | 9.53% | 14.38% |
| Utilities | 0.00% | 0.00% | 0.96% | 65.07% |
| Energy | 0.00% | 0.00% | 0.11% | 63.70% |
| Consumer Defense | 0.00% | 0.00% | 0.18% | 63.70% |
| Basic Materials | 0.00% | 0.00% | 0.86% | 64.38% |
| Weighting | Return Low | Return High | FIKLX % Rank | |
|---|---|---|---|---|
| Non US | 96.56% | 0.00% | 99.06% | 6.16% |
| US | 2.41% | 0.00% | 101.72% | 92.47% |
| FIKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.78% | 0.10% | 3.32% | 84.25% |
| Management Fee | 0.72% | 0.08% | 1.11% | 26.21% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
| FIKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
| FIKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
| FIKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 1.00% | 165.00% | 29.79% |
| FIKLX | Category Low | Category High | FIKLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.08% | 0.00% | 5.52% | 57.53% |
| FIKLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
| FIKLX | Category Low | Category High | FIKLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.08% | -0.11% | 3.84% | 23.78% |
| FIKLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2025 | $0.108 | OrdinaryDividend |
| Sep 12, 2025 | $0.217 | OrdinaryDividend |
| Dec 20, 2024 | $0.133 | OrdinaryDividend |
| Sep 13, 2024 | $0.329 | OrdinaryDividend |
| Dec 08, 2023 | $0.054 | OrdinaryDividend |
| Sep 08, 2023 | $0.162 | OrdinaryDividend |
| Sep 09, 2022 | $0.460 | OrdinaryDividend |
| Dec 10, 2021 | $0.081 | OrdinaryDividend |
| Sep 10, 2021 | $0.719 | OrdinaryDividend |
| Dec 30, 2020 | $0.008 | OrdinaryDividend |
| Dec 11, 2020 | $0.046 | OrdinaryDividend |
| Sep 11, 2020 | $0.206 | OrdinaryDividend |
| Dec 13, 2019 | $0.068 | OrdinaryDividend |
| Dec 13, 2019 | $0.118 | CapitalGainShortTerm |
| Sep 13, 2019 | $0.250 | OrdinaryDividend |
| Sep 13, 2019 | $0.263 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Apr 01, 2010
12.17
12.2%
Since joining Fidelity Investments in 2007, Mr. de las Casas has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments, Mr. de las Casas served as a vice president and real estate securities analyst for Houlihan Rovers SA beginning in 2000.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 20.42 | 7.37 | 10.42 |
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