Fidelity Advisor New Markets Income I (FGZMX)
| Fund Assets | 3.86B |
| Expense Ratio | 0.79% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 4.88% |
| Dividend Growth | 13.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 14.03 |
| YTD Return | 4.19% |
| 1-Year Return | 13.07% |
| 5-Year Return | 20.49% |
| 52-Week Low | 12.92 |
| 52-Week High | 14.13 |
| Beta (5Y) | n/a |
| Holdings | 521 |
| 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 13.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.37%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0547 | Jul 1, 2026 |
| May 31, 2026 | $0.05661 | Jun 1, 2026 |
| Apr 30, 2026 | $0.05334 | May 1, 2026 |
| Mar 31, 2026 | $0.05504 | Apr 1, 2026 |
| Feb 27, 2026 | $0.049 | Mar 2, 2026 |
| Jan 30, 2026 | $0.05438 | Feb 2, 2026 |