FHEIX : FIDELITY ADV REAL ESTATE FUND INST

 
2
 
 
 

ZACKS RANK: 2 - BUY

Ticker: FHEIX
Manager: Samuel Wald
Manager Since: 10/04
NAV (04/21/2014): 21.58
Objective: Equity - Sector Real Est
Peer: RE MB
Net Assets ($mil): 265.72
Inception: 09/12/2002
FHEIX : Description

The fund was incepted in September 2002 and is managed by Fidelity Management & Research Inc. The fund seeks above average income and long-term capital growth, consistent with reasonable investment risk. The fund primarily invests its assets in common stocks. The fund normally invests at least 80% of its assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund may invest its assets in securities of foreign and domestic issuers. Dividends, if any, are distributed quarterly. Capital gains, if any, are distributed in September and December.

FHEIX : Composition - 04/14
Stocks 97.69%
Foreign Stocks 1.45%
Cash 2.83%
Bonds 0.00%
Foreign Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other -0.52%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
FHEIX : Style Analysis - 04/14
Large Growth 15.87%
Large Value 0.00%
Small Growth 0.00%
Small Value 0.00%
Foreign Stock 15.87%
Emerging Market 5.92%
Precious Metals 0.00%
Intermediate Bond 31.23%
High Yield Bond 0.00%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
FHEIX : Risk Analysis
Beta v. S&P 500 1.00
Beta v. EAFE 0.12
Beta v. Barclays Agg Bond 2.40
Alpha 3 Yr -3.75
Alpha 5 Yr 4.02
R-Sq 3 Yr 0.53
R-Sq 5 Yr 0.53
Std Dev 3 Yr 17.08
Std Dev 5 Yr 24.42
Sharpe 3 Yr 0.65
Sharpe 5 Yr 1.39
FHEIX : Fees
Expense Ratio 0.90
% Max Load NA
% Min Load NA
% Deferred Load NA
% Redemption NA
% Max 12 B1 Fee 0.00
% Max Mgt Fee 0.55
FHEIX : Purchase Choices:
Min Initial Investment 2500
Min Subsequent Investment 0
FHEIX : Returns Analysis - Annual

Line chart

  2004200520062007200820092010201120122013YTD
NAV ($) 15.9217.3621.8216.719.7512.9416.4817.1419.8519.3421.58
Total Return (%) 34.1016.6436.34-17.78-39.8836.7929.307.7618.371.769.61
Annual Dividend Yield (%) 1.892.021.001.383.422.011.340.591.211.591.36
Relative Performance
Rel Performance-S&P500(%) 232.32117.58205.49-232.75-28.81103.76142.3756.6523.84-306.2278.17
Rel Performance-Obj.Ret.(%) 22.8952.5936.32-16.678.8450.2359.5072.61-40.31-0.5432.87
Ret.Quintile vs Obj(1 is best) 21243112332
Turnover, Yields, and Gains
Fund Assets Net($mil) 3411302886172204255290266
Annual Turnover (%) 52.0097.0062.0084.0086.0098.0066.0063.0048.0063.000.00
Annual Dividend Paid ($) 0.320.370.240.250.340.260.220.100.250.330.00
Annual Capital Gains Paid($) 0.530.801.501.080.030.000.000.470.170.510.00
FHEIX : Returns Analysis - Trailing Total Return
  1 Month 3 Month 6 Month YTD 1 Year 3 Year 5 Year 10 Year 15 Year 20 Year
Total Return (through 04/14) 0.66% 9.61% 9.03% 9.61% 3.67% 9.66% 30.68% 8.99% NA NA
Ret. Percentile vs. Obj. (1 is best) 43 27 25 27 38 25 3 11 NA NA
FHEIX : Stock Portfolio Snapshot - 04/14
Average Price/Earnings 34.00
Average Price/Book 2.34
Average EPS Growth 34.74
Average Market Value 22,087.00
FHEIX : Stock Sector Breakout - 04/14
Stock Sector Breakout
FHEIX : Top Holdings - 04/14
Name Weight Shares
SIMON PROPERTY GROUP INC 12.95 625,750
PUBLIC STORAGE 7.26 324,894
VENTAS INC 6.75 773,305
PROLOGIS INC 6.49 1,213,657
HCP INC 2.98 536,695
SL GREEN REALTY CORP 4.54 358,965
ESSEX PROPERTY TRUST INC 3.83 177,703
AVALONBAY COMMUNITIES INC 3.70 221,158
BOSTON PROPERTIES INC 4.92 354,832