Fidelity Advisor New Markets Income Fund - Class M (FGWMX)
| Fund Assets | 3.84B |
| Expense Ratio | 1.04% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 4.45% |
| Dividend Growth | 13.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 13.96 |
| YTD Return | 2.98% |
| 1-Year Return | 15.45% |
| 5-Year Return | 18.26% |
| 52-Week Low | 12.70 |
| 52-Week High | 14.13 |
| Beta (5Y) | n/a |
| Holdings | 503 |
| 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 15.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
16.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 9.73% |
| ARGENTINA REPUBLIC OF STEP 07/09/2035 | ARGENT.4.125 07.09.35 | 1.11% |
| UST NOTES 4.125% 05/31/2032 | T.4.125 05.31.32 | 0.90% |
| PETROLEOS MEXICANOS 6.625% 06/15/2035 | PEMEX.6.625 06.15.35 | 0.85% |
| ARGENTINA REPUBLIC OF STEP 07/09/2030 | ARGENT.0.75 07.09.30 | 0.81% |
| PETROLEOS DE VENEZUELA SA 5.5% 04/12/2037 REGS | PDVSA.5.5 04.12.37 | 0.78% |
| ARGENTINA REPUBLIC OF STEP 01/09/2038 | ARGENT.5 01.09.38 | 0.77% |
| ECUADOR REPUBLIC OF STEP 07/31/2035 144A | ECUA.6.9 07.31.35 144A | 0.74% |
| PETROLEOS DE VENEZUELA SA 5.375% 04/12/2027 REGS | PDVSA.5.375 04.12.27 | 0.64% |
| MEXICO UNITED MEXICAN STATES 6.05% 01/11/2040 | MEX.6.05 01.11.40 | 0.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.05046 | May 1, 2026 |
| Mar 31, 2026 | $0.05217 | Apr 1, 2026 |
| Feb 27, 2026 | $0.04607 | Mar 2, 2026 |
| Jan 30, 2026 | $0.05149 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05077 | Jan 2, 2026 |
| Dec 17, 2025 | $0.038 | Dec 18, 2025 |