Fidelity Advisor Real Estate Income M (FRIQX)

Fund Assets	4.22B
Expense Ratio	0.946%
Min. Investment	$0.00
Turnover	16.00%
Dividend (ttm)	0.54
Dividend Yield	4.55%
Dividend Growth	-0.55%
Payout Frequency	Quarterly
Ex-Dividend Date	Oct 2, 2026

Previous Close	11.89
YTD Return	1.18%
1-Year Return	2.38%
5-Year Return	11.13%
52-Week Low	11.81
52-Week High	12.57
Beta (5Y)	0.74
Holdings	619
Inception Date	Apr 14, 2010

About FRIQX

Fidelity Advisor Real Estate Income Fund Class M is a mutual fund that primarily focuses on generating income by investing at least 80% of its assets in securities of companies operating in the real estate industry and in other real estate-related investments. The fund targets higher-than-average income, with a secondary objective of capital growth, making it suitable for investors seeking exposure to real estate assets without directly owning property. Its portfolio typically spans a diverse mix of real estate sectors such as commercial, residential, industrial, and specialized property markets. Holdings reflect a blend of large-, mid-, and small-cap real estate companies, offering diversification within the industry. The fund's management employs active research to identify opportunities across different property types, aiming to balance income generation and long-term value appreciation. With a net expense ratio of approximately 0.96%, the fund acts as a vehicle for investors to access the potential benefits of real estate investment, such as income and diversification, through a professionally managed mutual fund structure.

• Fund Family: Fidelity
• Category: Real Estate
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FRIQX
• Share Class: Class M
• Index: S&P 500 TR

Performance

FRIQX had a total return of 2.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.00%.

Equivalent ETF

FRIQX has an equivalent ETF with the ticker symbol FREI, the Fidelity Real Estate Income ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.57% compared to 0.946% for FRIQX.

Symbol	Name	Expense Ratio
FREI	Fidelity Real Estate Income ETF	0.57%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FIKMX	Fidelity Advisor Real Estate Income Fund: Class Z	0.57%
FRIRX	Fidelity Advisor Real Estate Income Fund: Class I	0.69%
FRINX	Fidelity Advisor Real Estate Income Fund: Class A	0.94%
FRIOX	Fidelity Advisor Real Estate Income Fund: Class C	1.69%

Top 10 Holdings

14.20% of assets

Name	Symbol	Weight
Fidelity Cash Central Fund	n/a	2.96%
American Tower Corporation	AMT	1.81%
Welltower Inc.	WELL	1.60%
Equinix, Inc.	EQIX	1.58%
Prologis, Inc.	PLD	1.40%
Invitation Homes Inc.	INVH	1.17%
Equity LifeStyle Properties, Inc.	ELS	1.13%
Vivmark Residential	VMRK	1.01%
UDR, Inc.	UDR	0.79%
Ventas, Inc.	VTR	0.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 2, 2026	$0.134	Oct 5, 2026
Jul 10, 2026	$0.150	Jul 13, 2026
Apr 1, 2026	$0.102	Apr 2, 2026
Dec 19, 2025	$0.154	Dec 22, 2025
Oct 3, 2025	$0.139	Oct 6, 2025
Jul 11, 2025	$0.137	Jul 14, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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