Fidelity Advisor High Income Fund - Class M (FGRMX)
| Fund Assets | 3.09B |
| Expense Ratio | 1.17% |
| Min. Investment | $0.00 |
| Turnover | 70.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.84% |
| Dividend Growth | 7.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.51 |
| YTD Return | 1.39% |
| 1-Year Return | 9.23% |
| 5-Year Return | 21.02% |
| 52-Week Low | 7.51 |
| 52-Week High | 8.51 |
| Beta (5Y) | n/a |
| Holdings | 853 |
| Inception Date | Dec 4, 2018 |
About FGRMX
Fidelity Advisor High Income Fund - Class M is a mutual fund class within the Fidelity High Income Fund family, designed to deliver a high level of current income with potential for capital appreciation. It primarily invests in income-producing debt securities, preferred stocks, and convertible securities, placing a strong emphasis on lower-quality, high-yield debt instruments rated below investment grade, such as those in the BB (37.94%), B, CCC & below (16.01%) categories according to major rating agencies like Moody’s, S&P, and Fitch. The portfolio may include securities from issuers in FX-G10 countries, Western European nations, or U.S. and Western European territories, focusing on fixed income high-yield strategies. Launched with fund inception on August 29, 1990, this class (CUSIP 31641Q748) supports a substantial asset base of approximately $3,035 million as of late 2025, underscoring its prominence in the high-yield bond category. Class M shares cater to investors through Fidelity's Advisor lineup, alongside classes A, C, I, and Z, playing a key role in income-oriented portfolios seeking exposure to non-investment grade debt markets.
Performance
FGRMX had a total return of 9.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.42%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0367 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03715 | Jan 2, 2026 |
| Dec 17, 2025 | $0.047 | Dec 18, 2025 |
| Nov 30, 2025 | $0.03711 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03808 | Nov 1, 2025 |
| Sep 30, 2025 | $0.03874 | Oct 1, 2025 |