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Fidelity SAI Real Estate Index Fund
mutual fund
FESIX
Payout Change
Pending
Price as of:
$5.4
+0.03
+0.56%
primary theme
Real Estate Sector Equity
share class
FESIX (Mutual Fund)
Fidelity SAI Real Estate Index Fund
Payout Change
Pending
Price as of:
$5.4
+0.03
+0.56%
primary theme
Real Estate Sector Equity
share class
FESIX (Mutual Fund)
Fidelity SAI Real Estate Index Fund
Payout Change
Pending
Price as of:
$5.4
+0.03
+0.56%
primary theme
Real Estate Sector Equity
share class
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.6%
1 yr return
24.9%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
2.9%
Net Assets
$93.7 M
Holdings in Top 10
50.1%
52 WEEK LOW AND HIGH
$5.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FESIX - Profile
Distributions
- YTD Total Return 10.6%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 2.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.53%
- Dividend Yield 132.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity SAI Real Estate Index Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 09, 2016
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Matthew
Fund Description
Normally investing at least 80% of assets in securities included in the MSCI US IMI Real Estate 25/25 Index. Lending securities to earn income for the fund.
Read More
FESIX - Performance
Return Ranking - Trailing
| Period | FESIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -8.2% | 20.7% | 59.35% |
| 1 Yr | 24.9% | -8.8% | 33.9% | 54.47% |
| 3 Yr | -0.7%* | -12.9% | 5.3% | 55.74% |
| 5 Yr | 2.9%* | -12.4% | 14.1% | 82.17% |
| 10 Yr | N/A* | -2.3% | 14.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FESIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.4% | -16.2% | 24.6% | 56.73% |
| 2022 | -51.3% | -51.3% | 2.5% | 100.00% |
| 2021 | 33.6% | -7.7% | 52.3% | 41.15% |
| 2020 | -13.5% | -42.2% | 35.0% | 79.57% |
| 2019 | 18.5% | 0.0% | 43.1% | 51.57% |
Total Return Ranking - Trailing
| Period | FESIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -8.2% | 20.7% | 59.35% |
| 1 Yr | 24.9% | -8.8% | 33.9% | 54.47% |
| 3 Yr | -0.7%* | -12.9% | 5.3% | 55.74% |
| 5 Yr | 2.9%* | -12.4% | 14.1% | 82.17% |
| 10 Yr | N/A* | -2.3% | 14.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FESIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.9% | -13.7% | 25.0% | 46.94% |
| 2022 | -26.1% | -40.7% | 7.8% | 51.64% |
| 2021 | 40.6% | 7.8% | 54.6% | 52.26% |
| 2020 | -11.1% | -36.6% | 44.3% | 89.13% |
| 2019 | 23.1% | 4.1% | 46.4% | 79.37% |
NAV & Total Return History
FESIX - Holdings
Concentration Analysis
| FESIX | Category Low | Category High | FESIX % Rank | |
|---|---|---|---|---|
| Net Assets | 93.7 M | 1.32 M | 61.4 B | 82.01% |
| Number of Holdings | 155 | 22 | 519 | 9.35% |
| Net Assets in Top 10 | 1.29 M | 1.29 M | 32.8 B | 100.00% |
| Weighting of Top 10 | 50.08% | 13.2% | 90.0% | 73.98% |
Top 10 Holdings
- Fidelity Securities Lending Cash Central Fund 7.65%
- PROLOGIS INC REIT 7.54%
- Fidelity Cash Central Fund 6.76%
- AMERICAN TOWER CORP 6.65%
- EQUINIX INC 4.84%
- WELLTOWER INC 4.09%
- SIMON PPTY GROUP INC - REIT 3.23%
- REALTY INCOME CORP REIT 3.20%
- CROWN CASTLE INC 3.09%
- PUBLIC STORAGE 3.03%
Asset Allocation
| Weighting | Return Low | Return High | FESIX % Rank | |
|---|---|---|---|---|
| Stocks | 93.02% | 0.00% | 105.52% | 73.58% |
| Cash | 14.41% | -42.50% | 24.34% | 2.85% |
| Bonds | 0.50% | 0.00% | 155.83% | 11.38% |
| Other | 0.10% | -89.90% | 104.09% | 24.39% |
| Preferred Stocks | 0.00% | 0.00% | 31.13% | 76.02% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | 71.43% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FESIX % Rank | |
|---|---|---|---|---|
| Real Estate | 99.25% | 34.46% | 100.00% | 50.43% |
| Communication Services | 0.60% | 0.00% | 11.61% | 9.40% |
| Technology | 0.03% | 0.00% | 12.02% | 20.51% |
| Industrials | 0.03% | 0.00% | 7.39% | 8.12% |
| Healthcare | 0.02% | 0.00% | 0.53% | 2.99% |
| Financial Services | 0.02% | 0.00% | 37.05% | 14.10% |
| Consumer Cyclical | 0.02% | 0.00% | 45.29% | 37.18% |
| Energy | 0.01% | 0.00% | 33.11% | 2.56% |
| Basic Materials | 0.01% | 0.00% | 13.69% | 6.41% |
| Utilities | 0.00% | 0.00% | 3.55% | 69.66% |
| Consumer Defense | 0.00% | 0.00% | 0.93% | 69.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FESIX % Rank | |
|---|---|---|---|---|
| US | 93.02% | 0.00% | 105.52% | 71.14% |
| Non US | 0.00% | 0.00% | 37.90% | 73.98% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FESIX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 14.41% | 0.00% | 100.00% | 4.94% |
| Government | 5.62% | 0.00% | 69.19% | 3.81% |
| Derivative | 0.10% | -0.02% | 2.62% | 7.41% |
| Securitized | 0.00% | 0.00% | 96.61% | 70.34% |
| Corporate | 0.00% | 0.00% | 99.81% | 75.85% |
| Municipal | 0.00% | 0.00% | 3.24% | 69.92% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FESIX % Rank | |
|---|---|---|---|---|
| US | 0.50% | 0.00% | 140.02% | 11.38% |
| Non US | 0.00% | 0.00% | 15.81% | 71.54% |
FESIX - Expenses
Operational Fees
| FESIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.18% | 0.07% | 8.91% | 95.47% |
| Management Fee | 0.07% | 0.00% | 1.50% | 2.03% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 8.97% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| FESIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| FESIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FESIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 0.11% | 380.00% | 55.51% |
FESIX - Distributions
Dividend Yield Analysis
| FESIX | Category Low | Category High | FESIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 132.53% | 0.00% | 13.03% | 83.33% |
Dividend Distribution Analysis
| FESIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| FESIX | Category Low | Category High | FESIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.53% | -1.14% | 6.05% | 12.35% |
Capital Gain Distribution Analysis
| FESIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 06, 2024 | $0.776 | CapitalGainLongTerm |
| Sep 06, 2024 | $1.766 | OrdinaryDividend |
| Dec 15, 2023 | $0.076 | OrdinaryDividend |
| Dec 15, 2023 | $0.029 | CapitalGainShortTerm |
| Sep 08, 2023 | $0.175 | CapitalGainLongTerm |
| Dec 16, 2022 | $1.742 | OrdinaryDividend |
| Sep 09, 2022 | $1.991 | OrdinaryDividend |
| Dec 17, 2021 | $0.351 | OrdinaryDividend |
| Sep 03, 2021 | $0.342 | OrdinaryDividend |
| Jun 04, 2021 | $0.001 | OrdinaryDividend |
| Dec 11, 2020 | $0.209 | OrdinaryDividend |
| Sep 04, 2020 | $0.050 | OrdinaryDividend |
| Jun 05, 2020 | $0.012 | OrdinaryDividend |
| Mar 06, 2020 | $0.010 | OrdinaryDividend |
| Dec 13, 2019 | $0.175 | OrdinaryDividend |
| Sep 06, 2019 | $0.101 | OrdinaryDividend |
| Sep 06, 2019 | $0.006 | CapitalGainShortTerm |
| Sep 06, 2019 | $0.065 | CapitalGainLongTerm |
| Jun 07, 2019 | $0.099 | OrdinaryDividend |
| Mar 08, 2019 | $0.007 | OrdinaryDividend |
| Dec 21, 2018 | $0.175 | OrdinaryDividend |
| Sep 07, 2018 | $0.089 | OrdinaryDividend |
| Sep 07, 2018 | $0.016 | CapitalGainLongTerm |
| Jun 01, 2018 | $0.075 | OrdinaryDividend |
| Mar 02, 2018 | $0.053 | OrdinaryDividend |
| Dec 26, 2017 | $0.130 | OrdinaryDividend |
| Dec 26, 2017 | $0.017 | CapitalGainLongTerm |
| Sep 08, 2017 | $0.069 | OrdinaryDividend |
| Sep 08, 2017 | $0.036 | CapitalGainLongTerm |
| Jun 02, 2017 | $0.050 | OrdinaryDividend |
| Mar 03, 2017 | $0.010 | OrdinaryDividend |
| Dec 23, 2016 | $0.152 | OrdinaryDividend |
| Dec 23, 2016 | $0.042 | CapitalGainLongTerm |
| Sep 09, 2016 | $0.026 | OrdinaryDividend |
| Sep 09, 2016 | $0.001 | CapitalGainShortTerm |
| Sep 09, 2016 | $0.004 | CapitalGainLongTerm |
| Jun 03, 2016 | $0.070 | OrdinaryDividend |
| Mar 04, 2016 | $0.021 | OrdinaryDividend |
FESIX - Fund Manager Analysis
Managers
Peter Matthew
Start Date
Tenure
Tenure Rank
Feb 02, 2016
6.33
6.3%
Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.
Louis Bottari
Start Date
Tenure
Tenure Rank
Feb 02, 2016
6.33
6.3%
Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.
Robert Regan
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Robert Regan is a Portfolio Manager. He has been with Geode since 2016. Prior to joining Geode, Mr. Regan was a Senior Implementation Portfolio Manager at State Street Global Advisors from 2008 to 2016. Previously, Mr. Regan was employed by PanAgora Asset Management from 1997 to 2008, most recently as a Portfolio Manager. Mr. Regan began his career at Investors Bank and Trust.
Payal Gupta
Start Date
Tenure
Tenure Rank
Jun 30, 2019
2.92
2.9%
Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.
Navid Sohrabi
Start Date
Tenure
Tenure Rank
Aug 31, 2019
2.75
2.8%
Navid Sohrabi is portfolio manager of Geode Capital Management, LLC. Since joining Geode in 2019, Mr. Sohrabi has worked as a portfolio manager. Prior to joining Geode, Mr. Sohrabi worked at DWS, most recently as an index portfolio manager. Mr. Sohrabi was Vice President with Deutsche Asset Management and has served as a Portfolio Manager and quantitative multi-asset strategist in the Passive Asset Management business since 2015. Prior to joining Deutsche Bank, Mr. Sohrabi served as a derivatives trader for several institutional asset managers and commodity trading advisors where he developed and managed systematic risk and trading strategies in equities, options, fx and futures. Mr. Sohrabi earned a BA in neurobiology from the University of California, Berkley, and a Masters of Financial Engineering from the Anderson School of Management at the University of California, Los Angeles and is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.3 | 16.42 |
