Time to Buy Fidelity Series Real Estate Income Fund (FSREX)
Fidelity Series Real Estate Income Fund (FSREX) seeks appreciation of income and capital. FSREX invests majority of its assets in preferred and common stocks of companies involved in the real estate sector. FSREX invests heavily in real estate investment trusts (REITs) as well as in mortgage-backed securities and debt securities of real estate entities. FSREX invests both in U.S. and non-U.S. companies.
This Sector - Real Estate product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 6.4% and 5 year 8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FSREX’s performance, as of the last filing, when compared to funds in its category was in the top 6% over the past 1 year and in the top 34% over the past 5 years.
The Fidelity Series Real Estate Income fund, as of the last filing, allocates their fund in top three major groups; Intermediate Bond, High Yield Bond and Foreign Bond. Further, as of the last filing, American Homes 4 Rent, Equity Lifestyle Properties Inc and Acadia Realty Trust were the top holdings for FSREX.
This Zacks Rank #1 (Strong Buy) was incepted in October 2011 and is managed by Fidelity. FSREX carries an expense ratio of 0.77% and requires a minimal initial investment of $0.
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