Fidelity Advisor New Markets Income I (FGZMX)
| Fund Assets | 5.17B |
| Expense Ratio | 0.76% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 4.54% |
| Dividend Growth | -7.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.53 |
| YTD Return | 7.73% |
| 1-Year Return | 7.14% |
| 5-Year Return | 12.01% |
| 52-Week Low | 12.22 |
| 52-Week High | 13.56 |
| Beta (5Y) | n/a |
| Holdings | 455 |
| Inception Date | Dec 4, 2018 |
About FGZMX
Fidelity Advisor New Markets Income Fund Class I is a mutual fund that seeks to provide high current income as its primary objective, with capital appreciation as a secondary goal. The fund primarily invests at least 80% of its assets in debt securities issued by governments, government-related organizations, or corporations in emerging market countries. Its holdings heavily emphasize U.S. dollar-denominated sovereign and quasi-sovereign bonds, while a smaller portion may include local-currency debt and emerging-market corporate bonds. This global fixed-income strategy leverages comprehensive country and macroeconomic research to identify undervalued opportunities with favorable risk-reward dynamics. The fund is structured to offer investors income potential and portfolio diversification by tapping into the growth and development of emerging markets. With net assets exceeding $6 billion and a monthly dividend payout, Fidelity Advisor New Markets Income Fund Class I plays a significant role in the emerging markets bond category, serving investors seeking diversified exposure to international fixed-income markets and seeking a consistent income stream from emerging market debt securities.
Performance
FGZMX had a total return of 7.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
20.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 9.08% |
| Us 10yr Note F (Cbt)sep25 Tyu5 | n/a | 3.94% |
| Pemex Project Funding Master Trust 0.06625% | PEMEX.6.625 06.15.35 | 1.22% |
| Argentina (Republic Of) 0.04125% | ARGENT.4.125 07.09.35 | 1.01% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 0.96% |
| Petroleos Mexicanos Sa De CV 0.0769% | PEMEX.7.69 01.23.50 | 0.88% |
| United States Treasury Notes 0.04125% | T.4.125 05.31.32 | 0.81% |
| Argentina (Republic Of) 0.0075% | ARGENT.0.75 07.09.30 | 0.74% |
| Ecuador (Republic Of) 0.069% | ECUA.6.9 07.31.35 144A | 0.71% |
| Ecuador (Republic Of) 0.069% | ECUA.6.9 07.31.30 144A | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.05568 | Sep 2, 2025 |
| Jul 31, 2025 | $0.05487 | Aug 1, 2025 |
| Jun 30, 2025 | $0.05203 | Jul 1, 2025 |
| May 30, 2025 | $0.05653 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05399 | May 1, 2025 |
| Mar 31, 2025 | $0.05646 | Apr 1, 2025 |