FRINX : FIDELITY ADV REAL ESTATE INCOME A

 
 
 
 
5

ZACKS RANK: 5 - STRONG SELL

Ticker: FRINX
Manager: Mark Snyderman
Manager Since: 04/10
NAV (07/31/2014): 11.95
Objective: Real Estate - Equity
Peer: RE MV
Net Assets ($mil): 355.45
Inception: 04/20/2010
FRINX : Description

Incepted in December 1999, this fund is managed by Dreyfus Corporation. The objective of this fund is to seek current income and capital appreciation. The fund normally invests in a balanced portfolio of common stocks, U.S. and foreign government securities, and a variety of corporate fixed-income obligations. The fund also invests 25% of its total assets in fixed-income, investment grade securities rated higher by Moody's Investors Service, Inc. The fund may invest up to 30% of its total assets in foreign securities. The fund offers dividends on a quarterly basis in March, June, September and December. The offers capital gains annually in December.

FRINX : Composition - 07/14
Stocks 30.83%
Foreign Stocks 1.25%
Cash 9.29%
Bonds 40.75%
Foreign Bonds 0.00%
Preferred 15.97%
Convertible 3.90%
Other -0.74%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
FRINX : Style Analysis - 07/14
Large Growth 0.00%
Large Value 0.00%
Small Growth 0.00%
Small Value 3.30%
Foreign Stock 0.00%
Emerging Market 0.00%
Precious Metals 0.41%
Intermediate Bond 17.77%
High Yield Bond 17.55%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
FRINX : Risk Analysis
Beta v. S&P 500 0.29
Beta v. EAFE 0.09
Beta v. Barclays Agg Bond 0.96
Alpha 3 Yr 4.46
Alpha 5 Yr NA
R-Sq 3 Yr 0.49
R-Sq 5 Yr NA
Std Dev 3 Yr 6.08
Std Dev 5 Yr NA
Sharpe 3 Yr 1.71
Sharpe 5 Yr NA
FRINX : Fees
Expense Ratio 1.06
% Max Load 4.00
% Min Load 0.00
% Deferred Load NA
% Redemption 0.75
% Max 12 B1 Fee 0.25
% Max Mgt Fee 0.56
FRINX : Purchase Choices:
Min Initial Investment 2500
Min Subsequent Investment 0
FRINX : Returns Analysis - Annual

Line chart

  201120122013YTD
NAV ($) 10.3810.2211.3611.95
Total Return (%) 4.3918.753.959.21
Annual Dividend Yield (%) 4.804.334.433.96
Relative Performance
Rel Performance-S&P500(%) 22.9827.65-284.2520.99
Rel Performance-Obj.Ret.(%) 38.94-36.5021.43-45.18
Ret.Quintile vs Obj(1 is best) 3315
Turnover, Yields, and Gains
Fund Assets Net($mil) 60137378355
Annual Turnover (%) 25.0027.0026.0018.00
Annual Dividend Paid ($) 0.510.520.520.15
Annual Capital Gains Paid($) 0.090.220.240.00
FRINX : 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) 0.74% 3.78% 9.21% 9.21% 9.56% 10.29% NA NA NA NA
Ret. Percentile vs. Obj. (1 is best) 90 98 85 85 88 39 NA NA NA NA
FRINX : Stock Portfolio Snapshot - 07/14
Average Price/Earnings 27.56
Average Price/Book 1.43
Average EPS Growth -4.00
Average Market Value 20,315.00
FRINX : Stock Sector Breakout - 07/14
Stock Sector Breakout
FRINX : Top Holdings - 07/14
Name Weight Shares
MFA FINANCIAL 3.20 15,862,993
EQUITY LIFESTYLE PROPERTIES I 2.63 2,466,560
ACADIA REALTY TRUST 2.18 3,160,149
VENTAS INC 1.71 1,018,546
ANNALY CAPITAL MANAGEMENT INC 0.82 31,396,000
APARTMENT INVESTMENT & MGMT 1.03 1,317,300
CBL & ASSOCIATES PROPERTIES 1.02 2,202,873
LEXINGTON CORP PPTYS TR 0.92 3,350,982
MID AMERICA APARTMENT COMMUNI 1.11 623,700