Returns Chart

Key Stats

Customize
Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.75% 5.309B 4.21% 17.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-240.51M -5.75% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks higher than average income; and capital growth is the secondary objective. The fund normally invests primarily in preferred and common stocks of 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). It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund invests in domestic and foreign issuers.
General
Security Type Mutual Fund
Oldest Share Symbol FRIFX
Equity Style Mid Cap/Blend
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Mark Snyderman 17.50 yrs
William Maclay 1.42 yrs

One Page Report

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 86
-240.51M
-2.374B Category Low
1.652B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of July 31, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of August 12, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
4.12%
12.49%
1.74%
10.21%
7.30%
-0.64%
17.91%
-9.05%
26.68%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
2.50%
1.53%
30.13%
5.95%
7.77%
4.27%
-3.95%
25.20%
-10.19%
1.58%
25.33%
4.34%
4.99%
7.69%
-8.06%
29.42%
-10.22%
5.17%
10.77%
2.30%
8.31%
7.44%
0.67%
16.01%
-7.77%
3.28%
29.75%
4.78%
6.03%
4.42%
-8.99%
22.47%
-18.47%
As of August 12, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (8-12-20) 4.21%
30-Day SEC Yield (7-31-20) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 14.68
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.31%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of April 30, 2020

Fund Details

Key Dates
Inception Date 2/4/2003
Last Annual Report Date 7/31/2019
Last Prospectus Date 9/28/2019
Share Classes
FIKMX Inst
FRINX A
FRIOX C
FRIQX M
FRIRX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of April 30, 2020.
Type % Net % Long % Short
Cash 7.74% Upgrade Upgrade
Stock 28.02% Upgrade Upgrade
Bond 37.44% Upgrade Upgrade
Convertible 5.16% Upgrade Upgrade
Preferred 21.65% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
American Tower Corp 3.17% 252.00 0.28%
Equity Lifestyle Properties Inc 2.60% 65.73 0.20%
Apartment Investment & Management Co 2.03% 36.80 -1.74%
Crown Castle International Corp 1.68% 164.40 -0.48%
Mid-America Apartment Communities Inc 1.57% 116.86 -0.20%
Equinix Inc 1.25% 773.50 0.07%
AGNC Investment Corp 1.02% 13.73 0.59%
Kennedy Wilson Inc 5.88%
1.00% -- --
Acadia Realty Trust 0.95% 13.03 -0.69%
Lexington Realty Trust 0.87% 11.74 0.09%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks higher than average income; and capital growth is the secondary objective. The fund normally invests primarily in preferred and common stocks of 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). It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund invests in domestic and foreign issuers.
General
Security Type Mutual Fund
Oldest Share Symbol FRIFX
Equity Style Mid Cap/Blend
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Mark Snyderman 17.50 yrs
William Maclay 1.42 yrs

One Page Report

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (8-12-20) 4.21%
30-Day SEC Yield (7-31-20) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 14.68
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.31%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of April 30, 2020

Fund Details

Key Dates
Inception Date 2/4/2003
Last Annual Report Date 7/31/2019
Last Prospectus Date 9/28/2019
Share Classes
FIKMX Inst
FRINX A
FRIOX C
FRIQX M
FRIRX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No