Fidelity Advisor New Markets Income Fund - Class I (FGZMX)
| Fund Assets | 5.92B |
| Expense Ratio | 0.79% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 4.95% |
| Dividend Growth | 13.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 13.89 |
| YTD Return | 1.10% |
| 1-Year Return | 12.82% |
| 5-Year Return | 20.78% |
| 52-Week Low | 12.22 |
| 52-Week High | 14.13 |
| Beta (5Y) | n/a |
| Holdings | 504 |
| 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 12.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.13%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
20.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 9.93% |
| 10 Year Treasury Note Future Mar 26 | n/a | 3.79% |
| Argentina (Republic Of) 4.125% | ARGENT.4.125 07.09.35 | 1.10% |
| United States Treasury Notes 4.125% | T.4.125 05.31.32 | 0.90% |
| Pemex Project Funding Master Trust 6.625% | PEMEX.6.625 06.15.35 | 0.87% |
| Argentina (Republic Of) 0.75% | ARGENT.0.75 07.09.30 | 0.82% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.35 144A | 0.77% |
| Argentina (Republic Of) 5% | ARGENT.5 01.09.38 | 0.74% |
| Petroleos de Venezuela SA 5.5% | PDVSA.5.5 04.12.37 | 0.70% |
| Mexico (United Mexican States) 6.05% | MEX.6.05 01.11.40 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.049 | Mar 2, 2026 |
| Jan 30, 2026 | $0.05438 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05364 | Jan 2, 2026 |
| Dec 17, 2025 | $0.038 | Dec 18, 2025 |
| Nov 30, 2025 | $0.05263 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05477 | Nov 1, 2025 |