Fidelity Advisor Mortgage Securities Z (FIKUX)
| Fund Assets | 669.37M |
| Expense Ratio | 0.36% |
| Min. Investment | $0.00 |
| Turnover | 767.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.35% |
| Dividend Growth | 13.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.86 |
| YTD Return | 3.67% |
| 1-Year Return | 0.99% |
| 5-Year Return | -4.72% |
| 52-Week Low | 9.46 |
| 52-Week High | 10.17 |
| Beta (5Y) | n/a |
| Holdings | 1555 |
| Inception Date | Oct 2, 2018 |
About FIKUX
Fidelity Advisor Mortgage Securities Fund - Class Z is a mutual fund that specializes in investment-grade mortgage-backed securities. The fund’s core objective is to deliver a high level of current income while managing risk prudently. Its investment strategy requires that at least 80% of assets be allocated to U.S. mortgage-related securities of medium to high credit quality, as well as repurchase agreements backed by such securities. By focusing on these instruments, the fund provides exposure to the U.S. housing and real estate finance markets, making it an important vehicle for participants interested in the fixed-income sector and mortgage markets in particular. Notable features include a competitive expense ratio for Class Z shares, designed primarily for institutional or large-scale investors, and a monthly dividend distribution reflecting the steady income generated by mortgage-backed assets. The fund is actively managed by Fidelity Investments, whose approach combines identifying attractive securities and monitoring changing market conditions to optimize yield and control risk. This fund plays a significant role in diversifying portfolios, especially for investors seeking consistent cash flows that are less correlated with traditional equities. Its holdings reflect a broad exposure to government-sponsored and agency mortgage-backed instruments, serving as a benchmark in the intermediate government bond category.
Performance
FIKUX had a total return of 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.21%.
Top 10 Holdings
29.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association 0.02% | FNCL.2 9.13 | 6.24% |
| Government National Mortgage Association 0.06% | G2SF.6 9.11 | 5.19% |
| Fidelity Cash Central Fund | n/a | 4.30% |
| Federal National Mortgage Association 0.02% | FNCL.2 8.13 | 2.98% |
| Government National Mortgage Association 0.025% | G2SF.2.5 8.12 | 2.79% |
| Government National Mortgage Association 0.02% | G2.MA7880 | 2.02% |
| Federal National Mortgage Association 0.055% | FNCL.5.5 8.11 | 1.84% |
| Government National Mortgage Association 0.05% | G2.MB0146 | 1.56% |
| Federal Home Loan Mortgage Corp. 0.035% | FR.SD0958 | 1.43% |
| Government National Mortgage Association 0.045% | G2.MB0024 | 1.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0342 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03446 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03544 | Jul 1, 2025 |
| May 30, 2025 | $0.03518 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03389 | May 1, 2025 |
| Mar 31, 2025 | $0.03394 | Apr 1, 2025 |