Fidelity Advisor High Income Fund - Class C (FGSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.15
-0.01 (-0.12%)
At close: Jan 28, 2026
2.77%
Fund Assets3.05B
Expense Ratio1.92%
Min. Investment$0.00
Turnover70.00%
Dividend (ttm)0.44
Dividend Yield5.37%
Dividend Growth9.39%
Payout FrequencyMonthly
Ex-Dividend DateDec 31, 2025
Previous Close8.16
YTD Return0.62%
1-Year Return8.55%
5-Year Return17.66%
52-Week Low7.27
52-Week High8.16
Beta (5Y)n/a
Holdings859
Inception DateDec 4, 2018

About FGSMX

Fidelity Advisor High Income Fund - Class C is a mutual fund designed to deliver a high level of current income, with potential for capital appreciation as a secondary objective. It primarily invests in income-producing debt securities, preferred stocks, and convertible securities, emphasizing lower-quality, high-yield bonds rated below investment grade, such as BB, B, CCC, and below categories. The fund normally allocates at least 80% of its assets to these non-investment-grade securities, categorized within the high yield bond sector by Morningstar. With total assets exceeding $3 billion and inception dating back to August 29, 1990, it maintains a diversified portfolio featuring weighted average maturity and life metrics typical for its class. This fund plays a significant role in fixed income markets by providing investors access to high-yield opportunities from issuers across various industries, focusing on income generation through interest payments and distributions while navigating credit risk associated with below-investment-grade debt.

Fund Family Fidelity
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FGSMX
Share Class Class C
Index ICE BofA US High Yield Constrained TR

Performance

FGSMX had a total return of 8.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.53%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FGUMXFidelity Advisor High Income Fund: Class Z0.82%
FGTMXFidelity Advisor High Income Fund: Class I0.92%
FGRMXFidelity Advisor High Income Fund: Class M1.17%
FGQMXFidelity Advisor High Income Fund: Class A1.17%

Top 10 Holdings

16.84% of assets
NameSymbolWeight
Fidelity Revere Street Trust - Fidelity Securities Lending Cash Central Fundn/a8.44%
Fidelity Revere Street Trust - Fidelity Cash Central Fundn/a2.11%
MESQUITE ENERGY INCn/a1.47%
UST NOTES 4% 02/15/2034T.4 02.15.341.35%
ECHOSTAR CORP CPIK VAR 11/30/2030SATS.3.875 11.30.300.90%
ECHOSTAR CORP PIK VAR 11/30/2030SATS.6.75 11.30.300.65%
SPIN HOLDCO INC - CSC SERVICEWORKS TERM B 1LN 03/04/2028DRY.L 03.06.28 10.52%
CHS/CMNTY HEALTH SYSTEMS INC 5.25% 05/15/2030 144ACYH.5.25 05.15.30 144A0.48%
ARTERA SERVICES LLC 8.5% 02/15/2031 144APOWBUY.8.5 02.15.31 144A0.47%
QUIKRETE HOLDINGS INC 6.375% 03/01/2032 144AQUIKHO.6.375 03.01.32 144A0.45%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 31, 2025$0.03212Jan 2, 2026
Dec 17, 2025$0.047Dec 18, 2025
Nov 30, 2025$0.03207Dec 1, 2025
Oct 31, 2025$0.03301Nov 1, 2025
Sep 30, 2025$0.03366Oct 1, 2025
Aug 31, 2025$0.03457Sep 1, 2025
Full Dividend History