SA Fidelity Institutional AM Real Estate Portfolio
Data updated: 2026-09-28
C000021988 — SA Fidelity Institutional AM Real Estate Portfolio. United States Real Estate · $251.58M AUM. Holdings, fees, performance and SEC filings.
C000021988 Fund Overview
SA Fidelity Institutional AM Real Estate Portfolio is a US mutual fund managed by Sunamerica Series Trust, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sunamerica Series Trust
- Category: United States Real Estate
- Assets under management: $251.58M
- 1-year return: 24.2%
- SEC CIK: 0000892538
- SEC series ID: S000008087
- Share class ID: C000021988
C000021988 Investment Objective and Strategy
SA Fidelity Institutional AM Real Estate Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series Trust.
Investment objective
The Portfolios investment goal is total return through a combination of growth and income.
Principal investment strategy
The Portfolio attempts to achieve its goal by investing, under normal circumstances, at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The Portfolios subadviser believes that rigorous, bottom-up, fundamental research is the most effective manner in which to identify real estate companies with the potential for higher than average growth rates and strong balance sheets that can be purchased at reasonable prices. This bottom-up research is generated by a team of skilled analysts specifically dedicated to the U.S. real estate investment trust (REIT) sector. The subadvisers investment philosophy is built upon the belief that security selection has a higher probability of repeatability and success in different market environments.
Accurately forecasting companies future cash flow growth can help drive strong returns and benchmark outperformance. Additionally, identifying stocks that are dislocated from the market on relative fundamental and valuation bases can also help generate returns. The Portfolio is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified portfolio. The Portfolio, from time to time, may have significant investments in one or more countries or in particular sectors.
C000021988 Holdings
Top 10 holdings of SA Fidelity Institutional AM Real Estate Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Equinix Inc | 11.95% |
| Prologis Inc | 10.53% |
| Ventas Inc | 8.70% |
| Welltower Inc | 8.43% |
| Extra Space Storage Inc | 5.10% |
| AvalonBay Communities Inc | 4.52% |
| Tanger Inc | 3.98% |
| Camden Property Trust | 3.70% |
| Macerich Co/The | 3.46% |
| VICI Properties Inc | 3.06% |
C000021988 Portfolio Allocation
Asset-class allocation of SA Fidelity Institutional AM Real Estate Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
C000021988 Performance
Total returns for C000021988 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 20.2% |
| 1 year | 24.2% |
| 3 years (annualised) | 11.0% |
| 5 years (annualised) | 3.7% |
C000021988 Risk Information
Risk metrics for C000021988, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.4%
C000021988 Costs and Fees
C000021988 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.00%
- Portfolio turnover: 45%
- Brokerage commissions: 2.28 bps of average net assets (SEC N-CEN)
C000021988 Cashflows
Over the 12 months to 2026-07, SA Fidelity Institutional AM Real Estate Portfolio had net outflows of $25.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$5.81M |
| 2026-06 | −$4.18M |
| 2026-05 | −$4.13M |
| 2026-04 | −$8.78M |
| 2026-03 | −$3.61M |
| 2026-02 | −$3.51M |
C000021988 Debt Constituents
No individual debt constituents are reported in SA Fidelity Institutional AM Real Estate Portfolio's latest SEC N-PORT filing.
C000021988 Prospectus and SEC Filings
Official SA Fidelity Institutional AM Real Estate Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-29
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-04-16
- Annual census (N-CEN) — filed 2025-04-11
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.