Fidelity Advisor New Markets Income Fund - Class Z (FGBMX)
| Fund Assets | 5.06B |
| Expense Ratio | 0.76% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.68% |
| Dividend Growth | -9.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 13.20 |
| YTD Return | 5.27% |
| 1-Year Return | 7.21% |
| 5-Year Return | 10.23% |
| 52-Week Low | 12.22 |
| 52-Week High | 13.20 |
| Beta (5Y) | n/a |
| Holdings | 456 |
| Inception Date | Dec 4, 2018 |
About FGBMX
Fidelity Advisor New Markets Income Fund Class Z is a mutual fund specializing in emerging markets bonds. Its primary objective is to generate a high level of current income, with capital appreciation as a secondary goal. The fund typically allocates at least 80% of its assets to debt securities issued by governments and corporations in emerging market countries, as well as other investments with economic ties to these regions. Managed with a hard-currency emerging markets debt strategy, the fund's portfolio commonly includes corporate bonds, government securities, and asset-backed instruments, providing broad exposure across various sectors and geographies. The fund is actively managed by experienced investment professionals, and its holdings often reflect in-depth research into sovereign and corporate debt across regions such as Latin America, Asia, and Eastern Europe. Its role in the financial market is to offer investors access to the potential yield and diversification benefits associated with emerging markets fixed income, balancing risk and return in a sector known for both opportunity and volatility. Regular monthly dividend distributions and a relatively moderate expense ratio further characterize the fund’s approach within the emerging markets bond category.
Performance
FGBMX had a total return of 7.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
18.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 8.23% |
| Us 10yr Note F (Cbt)sep25 Tyu5 | n/a | 3.83% |
| Pemex Project Funding Master Trust 0.06625% | PEMEX.6.625 06.15.35 | 1.15% |
| Argentina (Republic Of) 0.04125% | ARGENT.4.125 07.09.35 | 1.03% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 0.95% |
| Argentina (Republic Of) 0.0075% | ARGENT.0.75 07.09.30 | 0.83% |
| Petroleos Mexicanos 0.0769% | PEMEX.7.69 01.23.50 | 0.81% |
| Ecuador (Republic Of) 0.069% | ECUA.6.9 07.31.30 144A | 0.71% |
| Ecuador (Republic Of) 0.055% | ECUA.6.9 07.31.35 144A | 0.69% |
| United States Treasury Notes 0.04125% | T.4.125 05.31.32 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.05589 | Aug 1, 2025 |
| Jun 30, 2025 | $0.05306 | Jul 1, 2025 |
| May 30, 2025 | $0.05752 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05499 | May 1, 2025 |
| Mar 31, 2025 | $0.05748 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0515 | Mar 3, 2025 |