Fidelity Advisor Real Estate Income Fund Class A (FRINX)
The fund normally invests 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 (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund invests in domestic and foreign issuers.
Fund Info
| ISIN | US3163894773 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Apr 14, 2010 |
| Category | REIT |
| Min. Investment | $0 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FRINX has a high expense ratio of 0.98%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FRINX vs. FSREX, FRINX vs. FRESX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Real Estate Income Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Real Estate Income Fund Class A had a return of 1.70% year-to-date (YTD) and 9.09% in the last 12 months. Over the past 10 years, Fidelity Advisor Real Estate Income Fund Class A had an annualized return of 5.32%, while the S&P 500 had an annualized return of 10.90%, indicating that Fidelity Advisor Real Estate Income Fund Class A did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.70% | 11.05% |
| 1 month | 3.39% | 4.86% |
| 6 months | 8.07% | 17.50% |
| 1 year | 9.09% | 27.37% |
| 5 years (annualized) | 3.44% | 13.14% |
| 10 years (annualized) | 5.32% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FRINX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.00% | 0.35% | 0.87% | -2.39% | 1.70% | ||||||||
| 2023 | 6.14% | -2.04% | -1.91% | 1.17% | -1.50% | 2.34% | 0.97% | -1.06% | -2.67% | -2.54% | 6.07% | 4.27% | 9.01% |
| 2022 | -2.92% | -1.88% | 1.30% | -3.10% | -1.01% | -4.83% | 4.43% | -2.40% | -6.73% | -0.00% | 3.35% | -1.54% | -14.79% |
| 2021 | 0.43% | 2.64% | 2.90% | 3.14% | 0.86% | 2.09% | 1.82% | 1.12% | -1.65% | 2.03% | -0.88% | 2.86% | 18.64% |
| 2020 | 1.45% | -2.78% | -24.53% | 8.76% | 2.78% | 4.45% | 2.80% | 2.18% | -0.83% | -0.72% | 6.92% | 2.64% | -1.36% |
| 2019 | 5.46% | 0.68% | 1.94% | 0.58% | 0.58% | 1.71% | 1.22% | 1.37% | 1.43% | 0.96% | -0.40% | 0.83% | 17.52% |
| 2018 | -2.18% | -2.06% | 1.15% | 0.17% | 1.99% | 1.74% | 0.76% | 1.50% | -0.73% | -1.11% | 1.20% | -3.11% | -0.84% |
| 2017 | 0.68% | 2.12% | -0.15% | 1.08% | 0.41% | 1.09% | 0.98% | 0.32% | -0.04% | -0.08% | 0.33% | 0.09% | 7.04% |
| 2016 | -1.79% | 0.45% | 4.42% | 0.43% | 1.91% | 2.32% | 2.85% | -0.00% | 0.08% | -1.08% | -1.34% | 1.40% | 9.90% |
| 2015 | 2.24% | -0.34% | 0.66% | -1.09% | 0.08% | -1.82% | 1.83% | -1.89% | 1.22% | 1.78% | 0.17% | -0.11% | 2.68% |
| 2014 | 2.17% | 2.48% | 0.50% | 1.38% | 1.62% | 0.75% | -0.34% | 1.43% | -1.14% | 3.05% | 0.76% | 2.49% | 16.17% |
| 2013 | 2.38% | 1.55% | 1.65% | 1.84% | -1.81% | -1.92% | 0.60% | -2.91% | 3.00% | 1.96% | -1.14% | 2.14% | 7.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRINX is 41, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FRINX (Fidelity Advisor Real Estate Income Fund Class A)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Real Estate Income Fund Class A (FRINX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Real Estate Income Fund Class A granted a 4.59% dividend yield in the last twelve months. The annual payout for that period amounted to $0.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.55 | $0.64 | $0.18 | $0.53 | $0.68 | $0.68 | $0.62 | $0.56 | $0.72 | $1.15 | $1.10 |
Dividend yield | 4.59% | 4.78% | 5.80% | 1.31% | 4.53% | 5.45% | 6.07% | 5.21% | 4.77% | 6.44% | 9.87% | 9.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Real Estate Income Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.10 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.17 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.19 | $0.64 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.15 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.34 | $0.53 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $0.68 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.24 | $0.68 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.28 | $0.62 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.56 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.25 | $0.72 |
| 2014 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.56 | $1.15 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.49 | $1.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Real Estate Income Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Real Estate Income Fund Class A was 34.50%, occurring on Mar 24, 2020. Recovery took 244 trading sessions.
The current Fidelity Advisor Real Estate Income Fund Class A drawdown is 5.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.5% | Feb 24, 2020 | 22 | Mar 24, 2020 | 244 | Mar 12, 2021 | 266 |
| -18.3% | Jan 3, 2022 | 204 | Oct 24, 2022 | — | — | — |
| -8.14% | May 22, 2013 | 75 | Sep 6, 2013 | 93 | Jan 21, 2014 | 168 |
| -6.93% | Jul 25, 2011 | 11 | Aug 8, 2011 | 93 | Dec 19, 2011 | 104 |
| -5.6% | Oct 23, 2015 | 76 | Feb 11, 2016 | 20 | Mar 11, 2016 | 96 |
Volatility
Volatility Chart
The current Fidelity Advisor Real Estate Income Fund Class A volatility is 1.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.