Fidelity Advisor New Markets Income Fund - Class M (FGWMX)
| Fund Assets | 5.06B |
| Expense Ratio | 0.76% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 4.17% |
| Dividend Growth | -9.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 13.19 |
| YTD Return | 4.97% |
| 1-Year Return | 7.01% |
| 5-Year Return | 8.39% |
| 52-Week Low | 12.22 |
| 52-Week High | 13.19 |
| Beta (5Y) | n/a |
| Holdings | 456 |
| Inception Date | Dec 4, 2018 |
About FGWMX
Fidelity Advisor New Markets Income Fund Class M is a mutual fund specializing in emerging-market fixed income securities. The fund’s primary objective is to provide high current income by investing predominantly in sovereign bonds issued by emerging-market countries, with most holdings denominated in U.S. dollars. It typically allocates at least 80% of its assets to issuers in emerging economies, including both sovereign and select corporate debt. By focusing on these markets, the fund offers exposure to faster-growing global regions and higher potential yields compared to developed-market bonds, albeit at a higher risk level. The fund employs a rigorous investment process grounded in country-specific research and macroeconomic analysis, enabling its management team to identify undervalued opportunities with positive catalysts. Its diversified approach spans multiple countries, regions, and industries, with a significant portion of the portfolio concentrated in sovereign and quasi-sovereign debt. The fund’s role in the market is to serve investors seeking geographic and income diversification through emerging debt, leveraging Fidelity’s experienced team and research depth in navigating the complexities of developing economies.
Performance
FGWMX had a total return of 7.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.71%.
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 | $0.05216 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04936 | Jul 1, 2025 |
| May 30, 2025 | $0.05389 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05139 | May 1, 2025 |
| Mar 31, 2025 | $0.05375 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04778 | Mar 3, 2025 |