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Fidelity Real Estate Income (FRIFX) Fund Ranking and Research
Ranking, Research and Recommendation of Fidelity Real Estate Income (FRIFX) Fund
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Last Trade: $ on , Change: (0%)
Fund Manager - Mark P. Snyderman
Fund Manager Information
Fund Manager Tenure: 15.2 yearsSimilar Funds: FRINX FRIOX FRIQX FRIRX
Fund Family: Fidelity Investments
Fund Category: Real Estate
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.51) (What does this score mean?)
Snyderman is a portfolio manager and senior investment office for Fidelity Investments since 1994. Before joining Fidelity, he served as a director at Aldrich, Eastman & Waltch from 1988 to 1994. Previously, Snyderman was a founder of Commercial Mortgage Corp., a commercial mortgage conduit company sponsored by First Boston and Bain & Co., from 1986 to 1988. Get more insights on Mark P. Snyderman
Fidelity Real Estate Income Fund (FRIFX) Profile
Fund Profile and Description
Fidelity Real Estate Income Fund seeks higher than average income. Fidelity Real Estate Income Fund normally invests its assets 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. It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. Fidelity Real Estate Income Fund may invest the fundâs assets in securities of foreign issuers in addition to securities of domestic issuers.
What we like about Fidelity Real Estate Income (FRIFX) Fund
Data for Fidelity Real Estate Income Fund (FRIFX) as of May 30, 2016
- Fidelity Real Estate Income Fund (FRIFX) management has been with Fidelity Real Estate Income Fund for 15.2 years
- Fidelity Real Estate Income Fund (FRIFX) ratio of up-years vs down years is greater than 2
- Fidelity Real Estate Income Fund (FRIFX) has a Morningstar rating of 4 and above
- Asset base in Fidelity Real Estate Income Fund (FRIFX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
- Fidelity Real Estate Income Fund (FRIFX) has an annual stock turnover rate of 19.00% vs Real Estate average of 61.66%. It is good that Fidelity Real Estate Income management does not trade extensively for its return.
- Fidelity Real Estate Income Fund (FRIFX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.63, lower than category average of 14.6
- Fidelity Real Estate Income Fund (FRIFX) has a lower expense ratio than its Real Estate average: 0.82% vs 1.28%
- Fidelity Real Estate Income Fund (FRIFX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses
What we are cautious about Fidelity Real Estate Income (FRIFX) Fund
Data for Fidelity Real Estate Income Fund (FRIFX) as of May 30, 2016
- Fidelity Real Estate Income Fund (FRIFX) has a less-than-ideal short-term performance (1-year return 5.63% vs 9.01% Real Estate category median performance)
- Fidelity Real Estate Income Fund (FRIFX) has a less-than-ideal mid-term performance (3-year return 5.97% vs 9.69% Real Estate category median performance)
- Fidelity Real Estate Income Fund (FRIFX) has a less-than-ideal Long-term performance (5-year return 8.08% vs 9.40% Real Estate category median performance)
- Fidelity Real Estate Income Fund (FRIFX) is less safe compared to its Real Estate peers
- As a Real Estate focused fund, Fidelity Real Estate Income Fund (FRIFX) is less diversified and has inherited sector risks associated with the fund
What do you think?
Compare with other top Real Estate category mutual funds
Aadditional top Real Estate mutual funds for your consideration
Fund | Year to Date | 1 Year | 3 year | 5 year | |
Fidelity Real Estate Income | 5.54 | 5.63 | 5.97 | 8.08 | |
Cohen & Steers Real Estate Securities A (CSEIX) | 4.97 | 12.04 | 12.70 | 11.08 | Compare |
Goldman Sachs Real Estate Securities Ins (GREIX) | 4.48 | 10.05 | 10.34 | 10.22 | Compare |
Principal Real Estate Securities P (PIRPX) | 4.52 | 10.15 | 11.53 | 10.73 | Compare |
See top fund managers for Real Estate Category Funds
Compare with Real Estate category ETFs
Some Real Estate ETFs for your consideration
ETF | Year to Date | One Year | Three Year | SPDR Dow Jones REIT ETF (RWR) | 3.89% | 9.97% | 10.25% | iShares US Real Estate (IYR) | 5.47% | 8.55% | 8.64% | Wilshire US REIT ETF (WREI) | 4.51% | 11.20% | 10.78% | iShares Real Estate 50 (FTY) | 4.72% | 10.99% | 9.37% | Schwab US REIT ETF (SCHH) | 4.03% | 10.20% | 10.44% |
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Fidelity Real Estate Income (FRIFX) Fund Net Asset
Track net asset change of Fidelity Real Estate Income fund (FRIFX)
Date | Net Asset |
05/2016 | $4.54B |
03/2016 | $4.31B |
02/2016 | $4.13B |
Fidelity Real Estate Income (FRIFX) Fund Portfolio Allocation
Track portfolio allocation change of Fidelity Real Estate Income fund (FRIFX)
Date | Cash | Stock | Bond | Other |
01/2016 | 9.64% | 31.91% | 36.26% | 0% |
10/2015 | 7.51% | 31.72% | 37.8% | 0% |
07/2015 | 7.56% | 31.47% | 38.41% | 0% |
Top 10 Holdings in Fidelity Real Estate Income (FRIFX) Fund
Discover what Fidelity Real Estate Income Fund (FRIFX) manager is buying
Click here for Stock Holding Change Map in Fidelity Real Estate Income Fund (FRIFX)
Latest News on Fidelity Real Estate Income (FRIFX) Fund
See what is happening with Fidelity Real Estate Income Fund (FRIFX)
See more information on Fidelity Real Estate Income (FRIFX) Fund
Popular pages on Fidelity Real Estate Income (FRIFX) Fund
- Fidelity Real Estate Income (FRIFX) Fund Research and Recommendation
- Fidelity Real Estate Income (FRIFX) Fund Performance Data
- Fidelity Real Estate Income (FRIFX) Fund Manager Information
- Historic Fidelity Real Estate Income (FRIFX) Fund Asset Allocation Report
- Historic Fidelity Real Estate Income (FRIFX) Fund Top 10 Holding Tracking
- Historic Fidelity Real Estate Income (FRIFX) Fund Asset Under Management Tracking