Fidelity Advisor New Markets Income I (FGZMX)
| Fund Assets | 5.25B |
| Expense Ratio | 0.76% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 4.69% |
| Dividend Growth | -0.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 13.52 |
| YTD Return | 7.97% |
| 1-Year Return | 6.63% |
| 5-Year Return | 14.57% |
| 52-Week Low | 12.22 |
| 52-Week High | 13.56 |
| Beta (5Y) | n/a |
| Holdings | 459 |
| 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 6.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.31%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
19.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 8.23% |
| 10 Year Treasury Note Future Dec 25 | n/a | 3.75% |
| Pemex Project Funding Master Trust 6.625% | PEMEX.6.625 06.15.35 | 1.22% |
| United States Treasury Notes 4.125% | T.4.125 05.31.32 | 1.00% |
| Argentina (Republic Of) 4.125% | ARGENT.4.125 07.09.35 | 0.96% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 0.96% |
| Petroleos Mexicanos Sa De CV 7.69% | PEMEX.7.69 01.23.50 | 0.87% |
| Argentina (Republic Of) 0.75% | ARGENT.0.75 07.09.30 | 0.77% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.35 144A | 0.71% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.30 144A | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0526 | Oct 1, 2025 |
| 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 |