Fidelity Real Estate High Income Fund

U.S. News evaluated 166 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 17.51 percent over the past year, 14.37 percent over the past three years, 8.96 percent over the past five years, and 7.33 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 5.0%
1 Year 17.5%
3 Years (Annualized) 14.4%
5 Years (Annualized) 9.0%
10 Years (Annualized) 7.3%

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Summary

The investment seeks a high level of current income; growth of capital is a secondary objective. The fund normally invests at least 90% of net assets in commercial and residential mortgage-backed securities; debt securities of real estate entities; equity securities of entities whose primary assets are mortgage loans or commercial or residential mortgage-backed securities; preferred stock of real estate investment trusts; U.S. government securities; cash equivalents; and related futures and options. It normally invests at least 80% of the assets in real estate related investments of all types.

Fees

Fees are Above Average compared to funds in the same category.
Fidelity Real Estate High Income Fund has an expense ratio of 0.81 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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