Fidelity® Series Real Estate Income Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 8.04 8.04
Stocks 18.47 18.47
Bonds 43.89 43.89
Other 0.02 0.02
Foreign Bonds 9.62 9.62
Foreign Stocks 0.06 0.06
Convertible 3.17 3.17
Preferred 16.74 16.74

Updated 10.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 10.31.2013

Ticker YTD Return % % Net Assets
Banc Amer Large Ln 2010-Hltn CMO --- --- 3.07
MFA Financial, Inc. MFA 10.91 1.44
Acadia Realty Trust AKR 6.04 1.43
Equity Lifestyle Properties, Inc. ELS 11.65 1.39
Ventas Inc VTR 9.62 1.34
Wachovia Cre Cdo 2006-1 FRN --- --- 1.32
Standard Pac Corp New 8.375% --- --- 1.14
Istar Finl 5.875% --- --- 1.12
Excel Tr Pfd --- --- 1.11
Motel 6 10% 10/01/17 --- --- 0.93

Bond Ratings (%)

Updated 10.31.2013

Sector FSREX
AAA 3.1
AA 1.84
A 9.14
BBB 26.91
BB 16.21
B 24.48
Below B 3.18
Other 15.14