Fidelity Series Real Estate Income Fund (FSREX)
The fund normally invests primarily in preferred and common stocks of real estate investment trusts (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. The fund invests in domestic and foreign issuers.
Fund Info
| ISIN | US3163894369 |
|---|---|
| CUSIP | 316389436 |
| Issuer | Fidelity |
| Inception Date | Oct 20, 2011 |
| Category | REIT |
| Min. Investment | $0 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FSREX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Series Real Estate Income Fund, 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 Series Real Estate Income Fund had a return of 3.74% year-to-date (YTD) and 10.90% in the last 12 months. Over the past 10 years, Fidelity Series Real Estate Income Fund had an annualized return of 5.63%, while the S&P 500 had an annualized return of 10.90%, indicating that Fidelity Series Real Estate Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.74% | 11.05% |
| 1 month | 2.41% | 4.86% |
| 6 months | 8.72% | 17.50% |
| 1 year | 10.90% | 27.37% |
| 5 years (annualized) | 4.33% | 13.14% |
| 10 years (annualized) | 5.63% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FSREX, 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 | 1.26% | 1.40% | 0.10% | -0.72% | 3.74% | ||||||||
| 2023 | 5.83% | -1.60% | -2.51% | 1.26% | -1.14% | 2.66% | 1.25% | -0.41% | -1.35% | -3.10% | 4.31% | 3.24% | 8.29% |
| 2022 | -1.96% | -1.65% | 0.78% | -2.38% | -0.54% | -4.71% | 3.77% | -1.21% | -5.72% | -0.53% | 2.85% | -0.75% | -11.78% |
| 2021 | 0.76% | 2.17% | 2.22% | 2.35% | 0.88% | 1.98% | 1.29% | 1.10% | -0.86% | 1.47% | -0.68% | 2.10% | 15.78% |
| 2020 | 1.35% | -1.95% | -23.74% | 8.19% | 2.85% | 4.53% | 2.90% | 2.62% | -0.30% | -0.20% | 5.92% | 2.53% | 0.58% |
| 2019 | 4.10% | 0.94% | 1.84% | 0.64% | 0.73% | 1.72% | 1.08% | 1.16% | 1.16% | 0.98% | -0.18% | 0.84% | 16.02% |
| 2018 | -1.28% | -1.21% | 0.75% | 0.19% | 1.58% | 1.41% | 0.73% | 1.37% | -0.41% | -0.83% | 0.47% | -2.02% | 0.66% |
| 2017 | 0.92% | 1.55% | 0.12% | 0.99% | 0.45% | 0.89% | 0.89% | 0.53% | 0.16% | 0.18% | 0.27% | 0.29% | 7.45% |
| 2016 | -1.40% | 0.09% | 3.45% | 0.83% | 1.37% | 1.71% | 2.33% | 0.44% | 0.20% | -0.62% | -1.26% | 0.98% | 8.30% |
| 2015 | 3.89% | -0.09% | 0.55% | -0.53% | 0.27% | -1.24% | 1.18% | -0.99% | 1.43% | 1.20% | 0.27% | -0.30% | 5.70% |
| 2014 | 1.84% | 1.90% | 0.74% | 1.15% | 1.40% | 0.49% | -0.17% | 1.13% | -3.01% | 1.99% | 0.80% | 2.42% | 11.10% |
| 2013 | 2.15% | 1.49% | 1.47% | 1.46% | -1.18% | -1.69% | 0.62% | -1.93% | 1.31% | 1.55% | -0.36% | 2.39% | 7.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FSREX is 80, placing it in the top 20% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FSREX (Fidelity Series Real Estate Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Series Real Estate Income Fund (FSREX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Series Real Estate Income Fund granted a 7.10% dividend yield in the last twelve months. The annual payout for that period amounted to $0.69 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.69 | $0.71 | $0.94 | $0.42 | $0.66 | $0.74 | $0.75 | $0.76 | $0.71 | $1.03 | $0.89 | $1.10 |
Dividend yield | 7.10% | 7.43% | 9.99% | 3.58% | 6.24% | 6.62% | 7.35% | 6.98% | 6.52% | 9.57% | 7.96% | 10.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Series Real Estate Income Fund. 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 | $0.07 | $0.00 | $0.00 | $0.07 | |||||||
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.25 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.23 | $0.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.42 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.31 | $0.66 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.74 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.28 | $0.75 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.33 | $0.76 |
| 2016 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.24 | $0.71 |
| 2015 | $0.22 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.23 | $1.03 |
| 2014 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.48 | $0.89 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.51 | $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 Series Real Estate Income Fund. 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 Series Real Estate Income Fund was 32.02%, occurring on Mar 24, 2020. Recovery took 220 trading sessions.
The current Fidelity Series Real Estate Income Fund drawdown is 0.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.02% | Feb 24, 2020 | 22 | Mar 24, 2020 | 220 | Feb 5, 2021 | 242 |
| -15.22% | Jan 3, 2022 | 203 | Oct 21, 2022 | — | — | — |
| -5.53% | May 22, 2013 | 62 | Aug 19, 2013 | 96 | Jan 6, 2014 | 158 |
| -4.29% | Dec 2, 2015 | 49 | Feb 11, 2016 | 23 | Mar 16, 2016 | 72 |
| -4.03% | Sep 12, 2016 | 44 | Nov 10, 2016 | 97 | Apr 3, 2017 | 141 |
Volatility
Volatility Chart
The current Fidelity Series Real Estate Income Fund volatility is 1.10%, 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.