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    Fidelity Spartan Real Estate Idx Instl (FSRNX)

    14.68 Down 0.09(0.61%) Aug 4

    Profile as of Jun 29, 2015Get Profile for:
    Fidelity Spartan Real Estate Idx Instl
    Fidelity Fixed Income Trust82 Devonshire StreetBoston, MA 02109
    Phone: 800-835-5092
    Fund Overview 
    Category:Real Estate
    Fund Family:Fidelity Investments
    Net Assets:521.83M
    Year-to-Date Return:-5.68%
    Morningstar Rating:3 stars
    Fund Inception Date:Sep 8, 2011
    Morningstar Style Box 
    Real Estate
    [View Category Definition]
    View Top Real Estate Funds
    About the Morningstar Style Box
    Management Information 
    James Francis
    Lead Manager since Oct 21, 2011
    James Francis has been a senior portfolio manager with Geode since September 2011. He has served as senior portfolio manager of the fund since October 2011. He also manages other registered investment companies. In addition to his portfolio management responsibilities, Mr. Francis is responsible for quantitative research and new product development. Prior to joining Geode, Mr. Francis was a Director and Portfolio Manager at Deutsche Asset Management from 2008 to 2011 and a Senior Portfolio Manager at Northern Trust Global Investments from 2005 to 2007. He was employed by State Street Global Advisors from 1987 to 2005. Mr. Francis holds BS in Applied Mathematics from University of Massachusetts, Amherst
    Investment Information 
    Min Initial Investment:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    FSRNX can be purchased from 5 brokerages.

    Fund Summary 
    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 Dow Jones U.S. Select Real Estate Securities IndexSM. It lends securities to earn income for the fund. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Jun 4, 2015) : 0.09
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 30, 2015) : 14.00%
    Average for Category:58.93%
    Fees & Expenses 
    ExpenseFSRNXCategory Avg
    Annual Report Expense Ratio (net):0.07%1.33%
    Prospectus Net Expense Ratio:0.07%N/A
    Prospectus Gross Expense Ratio:0.15%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.35%
    Max Deferred Sales Load: N/A1.96%
    3 Yr Expense Projection*:39572
    5 Yr Expense Projection*:75911
    10 Yr Expense Projection*:1821,853
    * Per $10,000 invested