T
he Fidelity Real Estate Income Fund seeks to deliver above-average income and capital growth by investing in a diverse portfolio of commercial real estate securities. In Q1 2025, the fund outperformed its benchmark due to strong stock selection and a cautious approach to preferred stocks. The fund's strategy focuses on high-quality real estate companies, investment-grade bonds, and floating-rate CMBS to balance returns with reduced volatility.

    With a flexible approach, the fund is well-equipped to navigate potential economic uncertainty and capitalize on undervalued opportunities as market conditions evolve.