FHEIX : FIDELITY ADV REAL ESTATE FUND INST

 
2
 
 
 

ZACKS RANK: 2 - BUY

Ticker: FHEIX
Manager: Samuel Wald
Manager Since: 10/04
NAV (07/25/2014): 23.17
Objective: Real Estate - Equity
Peer: RE MB
Net Assets ($mil): 282.73
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 - 07/14
Stocks 98.34%
Foreign Stocks 0.00%
Cash 3.60%
Bonds 0.00%
Foreign Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other -1.94%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
FHEIX : Style Analysis - 07/14
Large Growth 0.00%
Large Value 0.00%
Small Growth 0.00%
Small Value 3.85%
Foreign Stock 0.00%
Emerging Market 0.00%
Precious Metals 0.00%
Intermediate Bond 17.29%
High Yield Bond 0.00%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
FHEIX : Risk Analysis
Beta v. S&P 500 0.95
Beta v. EAFE 0.15
Beta v. Barclays Agg Bond 2.35
Alpha 3 Yr -3.77
Alpha 5 Yr 4.34
R-Sq 3 Yr 0.52
R-Sq 5 Yr 0.57
Std Dev 3 Yr 16.80
Std Dev 5 Yr 19.13
Sharpe 3 Yr 0.76
Sharpe 5 Yr 1.39
FHEIX : Fees
Expense Ratio 0.91
% 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 ($) 15.9217.3621.8216.719.7512.9416.4817.1419.8519.3423.17
Total Return (%) 34.1016.6436.34-17.78-39.8836.7929.307.7618.371.7617.69
Annual Dividend Yield (%) 1.892.021.001.383.422.011.340.591.211.591.34
Relative Performance
Rel Performance-S&P500(%) 232.32117.58205.49-232.75-28.81103.76142.3756.6523.84-306.22105.82
Rel Performance-Obj.Ret.(%) 22.8952.5936.32-16.678.8450.2359.5072.61-40.31-0.5439.65
Ret.Quintile vs Obj(1 is best) 21243112331
Turnover, Yields, and Gains
Fund Assets Net($mil) 3411302886172204255290283
Annual Turnover (%) 52.0097.0062.0084.0086.0098.0066.0063.0048.0063.0078.00
Annual Dividend Paid ($) 0.320.370.240.250.340.260.220.100.250.330.08
Annual Capital Gains Paid($) 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 07/14) 1.12% 7.37% 17.69% 17.69% 13.47% 11.37% 24.50% 10.40% NA NA
Ret. Percentile vs. Obj. (1 is best) 56 31 9 9 44 14 4 11 NA NA
FHEIX : Stock Portfolio Snapshot - 07/14
Average Price/Earnings 31.16
Average Price/Book 5.32
Average EPS Growth 32.80
Average Market Value 22,534.00
FHEIX : Stock Sector Breakout - 07/14
Stock Sector Breakout
FHEIX : Top Holdings - 07/14
Name Weight Shares
SIMON PROPERTY GROUP INC 13.56 569,850
PUBLIC STORAGE 6.98 289,550
BOSTON PROPERTIES INC 5.77 358,747
VENTAS INC 5.62 619,305
TAUBMAN CENTERS INC 3.44 344,300
ESSEX PROPERTY TRUST INC 4.98 209,215
SL GREEN REALTY CORP 4.12 286,165
MID AMERICA APARTMENT COMMUNI 3.55 370,914
PROLOGIS INC 5.05 905,777