FRIFX : FIDELITY REAL ESTATE INCOME

 
 
3
 
 

ZACKS RANK: 3 - HOLD

Ticker: FRIFX
Manager: Mark Snyderman
Manager Since: 02/03
NAV (04/16/2014): 11.65
Objective: Equity - Sector Real Est
Peer: RE MV
Net Assets ($mil): 2552.24
Inception: 02/04/2003
FRIFX : Description

The fund was incepted in February 2003 and is managed by Fidelity Management & Research Inc. The fund seeks higher than average income and capital growth. The fund primarily invests its assets in preferred and common stocks of real estate investment trusts. 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. Dividends, if any, are distributed quarterly. Capital gains, if any, are distributed in September and December.

FRIFX : Composition - 04/14
Stocks 32.38%
Foreign Stocks 1.22%
Cash 8.33%
Bonds 42.64%
Foreign Bonds 0.00%
Preferred 13.14%
Convertible 3.91%
Other -0.40%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
FRIFX : Style Analysis - 04/14
Large Growth 8.22%
Large Value 0.00%
Small Growth 4.08%
Small Value 0.00%
Foreign Stock 8.22%
Emerging Market 5.66%
Precious Metals 1.30%
Intermediate Bond 43.40%
High Yield Bond 0.00%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
FRIFX : Risk Analysis
Beta v. S&P 500 0.32
Beta v. EAFE 0.07
Beta v. Barclays Agg Bond 0.94
Alpha 3 Yr 4.21
Alpha 5 Yr 9.85
R-Sq 3 Yr 0.50
R-Sq 5 Yr 0.50
Std Dev 3 Yr 6.19
Std Dev 5 Yr 8.07
Sharpe 3 Yr 1.55
Sharpe 5 Yr 2.38
FRIFX : Fees
Expense Ratio 0.84
% Max Load NA
% Min Load NA
% Deferred Load NA
% Redemption 0.75
% Max 12 B1 Fee 0.00
% Max Mgt Fee 0.56
FRIFX : Purchase Choices:
Min Initial Investment 2500
Min Subsequent Investment 0
FRIFX : Returns Analysis - Annual

Line chart

  2004200520062007200820092010201120122013YTD
NAV ($) 11.8011.5111.9510.296.619.2110.4010.2511.4011.0811.65
Total Return (%) 11.695.0611.72-6.44-31.0246.8218.814.6818.844.125.33
Annual Dividend Yield (%) 4.784.954.936.088.374.614.674.904.494.624.34
Relative Performance
Rel Performance-S&P500(%) 8.261.75-40.73-119.4159.83204.0137.4725.8928.49-282.6135.37
Rel Performance-Obj.Ret.(%) -201.17-63.24-209.9096.6797.48150.48-45.4041.85-35.6623.07-9.93
Ret.Quintile vs Obj(1 is best) 55511143313
Turnover, Yields, and Gains
Fund Assets Net($mil) 5926136444322756981,2791,6792,6132,4332,552
Annual Turnover (%) 61.0027.0026.0045.0032.0047.0028.0025.0027.0026.000.00
Annual Dividend Paid ($) 0.600.610.630.670.580.440.500.530.540.540.04
Annual Capital Gains Paid($) 0.180.270.240.240.000.000.000.090.200.230.00
FRIFX : 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) 0.52% 5.33% 6.48% 5.33% 3.78% 9.44% 18.97% 6.75% NA NA
Ret. Percentile vs. Obj. (1 is best) 50 57 53 57 37 29 85 63 NA NA
FRIFX : Stock Portfolio Snapshot - 04/14
Average Price/Earnings 29.90
Average Price/Book 1.43
Average EPS Growth -4.00
Average Market Value 18,340.00
FRIFX : Stock Sector Breakout - 04/14
Stock Sector Breakout
FRIFX : Top Holdings - 04/14
Name Weight Shares
MFA FINANCIAL 2.78 14,093,793
EQUITY LIFESTYLE PROPERTIES I 2.43 2,401,760
ACADIA REALTY TRUST 2.08 2,937,149
VENTAS INC 1.68 966,746
PROLOGIS INC 0.89 839,387
MID AMERICA APARTMENT COMMUNI 1.03 580,700
LEXINGTON CORP PROPERTY INC 0.99 3,180,882
APARTMENT INVESTMENT & MGMT 0.98 1,317,300
CBL & ASSOCIATES PROPERTIES 1.12 2,124,373