Returns Chart

Key Stats

Customize
Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.07% 3.017B 1.76% 53.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
64.57M 47.42% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investment results that correspond to the total return of equity REITs and other real estate-related investments. The fund normally invests at least 80% of assets in securities included in the MSCI US IMI Real Estate 25/25 Index (the index). It lends securities to earn income for the fund.
General
Security Type Mutual Fund
Oldest Share Symbol FSRNX
Equity Style Mid Cap/Blend
Fixed Income Style --
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
MSCI US IMI Real Estate 25/25 NR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Louis Bottari 9.99 yrs
Peter Matthew 9.01 yrs
Deane Gyllenhaal 6.93 yrs
Robert Regan 4.67 yrs
Payal Gupta 2.18 yrs

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: 25
64.57M
-879.84M Category Low
5.095B 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 August 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of September 24, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Loading chart...
Name
2014
2015
2016
2017
2018
2019
2020
YTD
31.58%
4.39%
6.60%
3.75%
-4.21%
23.02%
-11.33%
25.96%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
15.90%
16.60%
--
--
--
3.73%
-4.18%
23.06%
-11.10%
25.91%
30.28%
2.45%
8.51%
4.93%
-5.93%
29.02%
-4.67%
25.80%
--
--
--
--
-5.95%
28.97%
-4.60%
25.77%
16.93%
-4.42%
-1.75%
31.42%
-22.04%
44.44%
44.28%
17.87%
As of September 24, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-24-21) 1.76%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 41.41
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
As of July 31, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of July 31, 2021

Asset Allocation

As of July 31, 2021.
Type % Net % Long % Short
Cash 0.01% Upgrade Upgrade
Stock 99.99% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
American Tower Corp 8.09% 279.25 -1.04%
Prologis Inc 6.06% 127.74 -0.13%
Crown Castle International Corp 5.13% 180.34 -0.95%
Equinix Inc 4.20% 816.68 -2.16%
Public Storage 3.22% 303.50 -0.13%
Simon Property Group Inc 2.73% 136.00 1.61%
Digital Realty Trust Inc 2.69% 152.09 -0.41%
SBA Communications Corp 2.49% 341.94 -0.87%
Welltower Inc 2.38% 84.56 1.51%
CBRE Group Inc Class A 2.14% 97.20 0.70%

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 to provide investment results that correspond to the total return of equity REITs and other real estate-related investments. The fund normally invests at least 80% of assets in securities included in the MSCI US IMI Real Estate 25/25 Index (the index). It lends securities to earn income for the fund.
General
Security Type Mutual Fund
Oldest Share Symbol FSRNX
Equity Style Mid Cap/Blend
Fixed Income Style --
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
MSCI US IMI Real Estate 25/25 NR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Louis Bottari 9.99 yrs
Peter Matthew 9.01 yrs
Deane Gyllenhaal 6.93 yrs
Robert Regan 4.67 yrs
Payal Gupta 2.18 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-24-21) 1.76%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 41.41
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
As of July 31, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of July 31, 2021

Fund Details

Key Dates
Inception Date 9/8/2011
Last Annual Report Date 7/31/2021
Last Prospectus Date 9/29/2020
Attributes
Enhanced Index Fund No
Index Fund Yes
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