Summary

• For the first quarter, the fund's Retail Class shares gained 0.41%, versus 0.33% for the Fidelity Real Estate Income Composite Index.
• In Q1, the biggest contributor to the fund's performance versus the Composite index came from the CMBS subportfolio.
• In Q1, the fund's allocation to investment-grade real estate corporate bonds slightly increased, from 29% of assets to about 31%.

Investment Approach

• Fidelity® Real Estate Income Fund seeks above-average income and capital growth by investing in a mix of commercial real estate security types, including common stock, preferred stock, corporate bonds and commercial mortgage-backed securities (

3.35K Followers