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Fidelity Real Estate Income Fund
FRIOX (Mutual Fund)
Fidelity Real Estate Income Fund
Name
As of 10/03/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.1%
1 yr return
19.5%
3 Yr Avg Return
1.1%
5 Yr Avg Return
3.1%
Net Assets
$4.9 B
Holdings in Top 10
16.6%
52 WEEK LOW AND HIGH
$12.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.71%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/03/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FRIOX - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.00%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Real Estate Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateApr 20, 2010
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Maclay
Fund Description
Normally investing primarily in preferred and common stocks of real estate investment trusts (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). Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. Investing in domestic and foreign issuers. Using fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
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FRIOX - Performance
Return Ranking - Trailing
| Period | FRIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.1% | -11.6% | 23.8% | 83.46% |
| 1 Yr | 19.5% | -9.2% | 47.0% | 90.00% |
| 3 Yr | 1.1%* | -11.2% | 6.6% | 69.69% |
| 5 Yr | 3.1%* | -11.6% | 16.0% | 74.90% |
| 10 Yr | 4.8%* | -2.4% | 15.9% | 84.52% |
* Annualized
Return Ranking - Calendar
| Period | FRIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -17.6% | 24.6% | 77.39% |
| 2022 | -19.3% | -51.3% | 2.7% | 11.15% |
| 2021 | 16.6% | -7.7% | 52.3% | 86.67% |
| 2020 | -5.9% | -42.2% | 35.0% | 22.73% |
| 2019 | 11.3% | -0.8% | 43.1% | 77.68% |
Total Return Ranking - Trailing
| Period | FRIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.1% | -11.6% | 23.8% | 83.46% |
| 1 Yr | 19.5% | -9.2% | 47.0% | 90.00% |
| 3 Yr | 1.1%* | -11.2% | 6.6% | 69.69% |
| 5 Yr | 3.1%* | -11.6% | 16.0% | 74.90% |
| 10 Yr | 4.8%* | -2.4% | 15.9% | 84.52% |
* Annualized
Total Return Ranking - Calendar
| Period | FRIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.3% | -14.0% | 25.0% | 86.97% |
| 2022 | -15.5% | -40.7% | 7.8% | 11.54% |
| 2021 | 17.8% | 7.8% | 54.6% | 94.51% |
| 2020 | -2.1% | -36.6% | 44.3% | 22.73% |
| 2019 | 16.7% | 3.4% | 46.4% | 90.99% |
NAV & Total Return History
FRIOX - Holdings
Concentration Analysis
| FRIOX | Category Low | Category High | FRIOX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.9 B | 1.39 M | 61.4 B | 14.17% |
| Number of Holdings | 519 | 22 | 519 | 2.29% |
| Net Assets in Top 10 | 793 M | 1.29 M | 32.8 B | 21.37% |
| Weighting of Top 10 | 16.58% | 13.2% | 90.0% | 99.62% |
Top 10 Holdings
- Fidelity Cash Central Fund 3.57%
- AMERICAN TOWER CORP 2.45%
- EQUITY LIFESTYLE PPTYS INC 1.88%
- PROLOGIS INC REIT 1.55%
- WELLTOWER INC 1.46%
- EQUINIX INC 1.40%
- CROWN CASTLE INC 1.32%
- PUBLIC STORAGE 1.08%
- VENTAS INC REIT 1.06%
- ESSEX PROPERTY TRUST INC 0.81%
Asset Allocation
| Weighting | Return Low | Return High | FRIOX % Rank | |
|---|---|---|---|---|
| Bonds | 57.04% | -3.17% | 155.83% | 6.87% |
| Stocks | 23.82% | 0.00% | 105.52% | 90.84% |
| Preferred Stocks | 15.27% | 0.00% | 31.13% | 7.25% |
| Cash | 3.87% | -42.50% | 19.87% | 16.03% |
| Convertible Bonds | 3.10% | 0.00% | 10.95% | 3.07% |
| Other | 0.00% | -89.90% | 107.80% | 90.08% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FRIOX % Rank | |
|---|---|---|---|---|
| Real Estate | 97.80% | 34.46% | 100.00% | 71.77% |
| Industrials | 0.96% | 0.00% | 7.39% | 7.26% |
| Financial Services | 0.73% | 0.00% | 37.05% | 11.69% |
| Technology | 0.52% | 0.00% | 12.02% | 20.16% |
| Utilities | 0.00% | 0.00% | 3.55% | 92.74% |
| Healthcare | 0.00% | 0.00% | 0.53% | 93.55% |
| Energy | 0.00% | 0.00% | 33.11% | 93.55% |
| Communication Services | 0.00% | 0.00% | 11.61% | 93.95% |
| Consumer Defense | 0.00% | 0.00% | 0.93% | 92.74% |
| Consumer Cyclical | 0.00% | 0.00% | 45.29% | 96.37% |
| Basic Materials | 0.00% | 0.00% | 13.69% | 93.55% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FRIOX % Rank | |
|---|---|---|---|---|
| US | 23.82% | 0.00% | 105.52% | 90.84% |
| Non US | 0.00% | 0.00% | 37.90% | 94.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FRIOX % Rank | |
|---|---|---|---|---|
| Corporate | 55.87% | 0.00% | 99.81% | 10.71% |
| Securitized | 36.29% | 0.00% | 96.61% | 2.78% |
| Cash & Equivalents | 3.63% | 0.00% | 100.00% | 19.69% |
| Derivative | 0.00% | -0.03% | 2.62% | 90.73% |
| Municipal | 0.00% | 0.00% | 3.24% | 92.86% |
| Government | 0.00% | 0.00% | 69.19% | 93.65% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FRIOX % Rank | |
|---|---|---|---|---|
| US | 57.04% | -3.17% | 140.02% | 6.87% |
| Non US | 0.00% | 0.00% | 15.81% | 93.13% |
FRIOX - Expenses
Operational Fees
| FRIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.71% | 0.07% | 28.75% | 29.34% |
| Management Fee | 0.70% | 0.00% | 1.50% | 43.13% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.22% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| FRIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 1.00% | 96.97% |
Trading Fees
| FRIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 97.67% |
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.
| FRIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.11% | 380.00% | 33.33% |
FRIOX - Distributions
Dividend Yield Analysis
| FRIOX | Category Low | Category High | FRIOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.45% | 0.00% | 13.03% | 15.27% |
Dividend Distribution Analysis
| FRIOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
| FRIOX | Category Low | Category High | FRIOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.00% | -1.14% | 6.05% | 16.99% |
Capital Gain Distribution Analysis
| FRIOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 05, 2024 | $0.083 | OrdinaryDividend |
| Dec 15, 2023 | $0.144 | OrdinaryDividend |
| Oct 06, 2023 | $0.101 | OrdinaryDividend |
| Jul 07, 2023 | $0.117 | OrdinaryDividend |
| Apr 05, 2023 | $0.100 | OrdinaryDividend |
| Dec 16, 2022 | $0.157 | OrdinaryDividend |
| Sep 09, 2022 | $0.306 | OrdinaryDividend |
| Jun 03, 2022 | $0.081 | OrdinaryDividend |
| Dec 17, 2021 | $0.117 | OrdinaryDividend |
| Sep 03, 2021 | $0.020 | CapitalGainLongTerm |
| Dec 18, 2020 | $0.307 | OrdinaryDividend |
| Sep 04, 2020 | $0.086 | OrdinaryDividend |
| Jun 05, 2020 | $0.060 | OrdinaryDividend |
| Dec 20, 2019 | $0.185 | OrdinaryDividend |
| Dec 20, 2019 | $0.004 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.053 | CapitalGainLongTerm |
| Sep 06, 2019 | $0.118 | OrdinaryDividend |
| Sep 06, 2019 | $0.106 | CapitalGainLongTerm |
| Jun 07, 2019 | $0.104 | OrdinaryDividend |
| Mar 08, 2019 | $0.016 | OrdinaryDividend |
| Dec 14, 2018 | $0.194 | OrdinaryDividend |
| Dec 14, 2018 | $0.005 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.012 | CapitalGainLongTerm |
| Sep 07, 2018 | $0.191 | CapitalGainLongTerm |
| Sep 07, 2018 | $0.108 | OrdinaryDividend |
| Jun 01, 2018 | $0.091 | OrdinaryDividend |
| Dec 15, 2017 | $0.185 | OrdinaryDividend |
| Dec 15, 2017 | $0.066 | CapitalGainLongTerm |
| Sep 08, 2017 | $0.097 | OrdinaryDividend |
| Sep 08, 2017 | $0.020 | CapitalGainShortTerm |
| Sep 08, 2017 | $0.046 | CapitalGainLongTerm |
| Jun 02, 2017 | $0.100 | OrdinaryDividend |
| Mar 03, 2017 | $0.019 | OrdinaryDividend |
| Dec 30, 2016 | $0.010 | OrdinaryDividend |
| Dec 16, 2016 | $0.144 | OrdinaryDividend |
| Dec 16, 2016 | $0.010 | CapitalGainLongTerm |
| Sep 09, 2016 | $0.115 | OrdinaryDividend |
| Sep 09, 2016 | $0.070 | CapitalGainLongTerm |
| Jun 03, 2016 | $0.099 | OrdinaryDividend |
| Mar 04, 2016 | $0.024 | OrdinaryDividend |
| Dec 18, 2015 | $0.177 | OrdinaryDividend |
| Dec 18, 2015 | $0.040 | CapitalGainLongTerm |
| Sep 14, 2015 | $0.099 | OrdinaryDividend |
| Sep 14, 2015 | $0.102 | CapitalGainLongTerm |
| Jun 08, 2015 | $0.104 | OrdinaryDividend |
| Dec 22, 2014 | $0.236 | OrdinaryDividend |
| Dec 22, 2014 | $0.030 | CapitalGainLongTerm |
| Sep 08, 2014 | $0.106 | OrdinaryDividend |
| Sep 08, 2014 | $0.008 | CapitalGainShortTerm |
| Sep 08, 2014 | $0.174 | CapitalGainLongTerm |
| Jun 09, 2014 | $0.096 | OrdinaryDividend |
| Mar 10, 2014 | $0.024 | OrdinaryDividend |
| Dec 16, 2013 | $0.166 | OrdinaryDividend |
| Dec 16, 2013 | $0.097 | CapitalGainLongTerm |
| Sep 09, 2013 | $0.131 | OrdinaryDividend |
| Sep 09, 2013 | $0.039 | CapitalGainShortTerm |
| Sep 09, 2013 | $0.100 | CapitalGainLongTerm |
| Jun 10, 2013 | $0.114 | OrdinaryDividend |
| Mar 04, 2013 | $0.033 | OrdinaryDividend |
| Dec 28, 2012 | $0.008 | ExtraDividend |
| Dec 17, 2012 | $0.177 | OrdinaryDividend |
| Dec 17, 2012 | $0.005 | CapitalGainShortTerm |
| Dec 17, 2012 | $0.055 | CapitalGainLongTerm |
| Sep 10, 2012 | $0.127 | OrdinaryDividend |
| Sep 10, 2012 | $0.037 | CapitalGainShortTerm |
| Sep 10, 2012 | $0.106 | CapitalGainLongTerm |
| Jun 04, 2012 | $0.103 | OrdinaryDividend |
| Mar 02, 2012 | $0.037 | OrdinaryDividend |
| Jan 03, 2012 | $0.002 | ExtraDividend |
| Dec 19, 2011 | $0.164 | OrdinaryDividend |
| Dec 19, 2011 | $0.045 | CapitalGainLongTerm |
| Sep 06, 2011 | $0.124 | OrdinaryDividend |
| Sep 06, 2011 | $0.052 | CapitalGainLongTerm |
| Jun 06, 2011 | $0.112 | OrdinaryDividend |
| Mar 07, 2011 | $0.043 | OrdinaryDividend |
| Dec 31, 2010 | $0.005 | ExtraDividend |
| Dec 20, 2010 | $0.172 | OrdinaryDividend |
| Sep 07, 2010 | $0.121 | OrdinaryDividend |
| Jun 07, 2010 | $0.143 | OrdinaryDividend |
FRIOX - Fund Manager Analysis
Managers
William Maclay
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
Mr.Maclay joined Fidelity Investments in 2001, and has worked as a research analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.12 | 2.68 |
