Morningstar

Fidelity Real Estate Income Fund FRIFX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $12.08  /  −0.17 %
  • Fund Size $4.2B
  • Adjusted Expense Ratio 0.650%
  • Net Expense Ratio 0.650%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Miscellaneous Allocation
  • Equity Style Box (Funds) Mid Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 4.83%
  • Turnover Ratio 16%
NAV and 1-Day Return as of

Morningstar’s Analysis FRIFX

Will FRIFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRIFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FRIFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FRIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A diversified real estate income strategy focused on yield stability and credit selection.

Senior Analyst David Reyna

David Reyna

Senior Analyst

Summary

Fidelity Real Estate Income’s distinctive approach and deep institutional support continue to make it a solid income-oriented option. The fund’s recent Morningstar-Category-related change reflects classification and benchmarking considerations rather than management changes.

by David Reyna
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FRIFX

More FRIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

3.09 130M
Cash and Equivalents

American Tower Corp

2.08 87M
Real Estate

Welltower Inc

1.68 70M
Real Estate

Equinix Inc

1.48 62M
Real Estate

Prologis Inc

1.36 57M
Real Estate

Invitation Homes Inc

1.23 52M
Real Estate

Equity Lifestyle Properties Inc

1.21 51M
Real Estate

Vivmark Residential

1.12 47M
Real Estate

UDR Inc

0.86 36M
Real Estate

Sun Communities Inc

0.78 33M
Real Estate

Sponsor Center