Fidelity Advisor Mortgage Securities Z (FIKUX)

Fund Assets	761.98M
Expense Ratio	0.36%
Min. Investment	$0.00
Turnover	652.00%
Dividend (ttm)	0.40
Dividend Yield	4.26%
Dividend Growth	-7.26%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.45
YTD Return	-2.90%
1-Year Return	-1.63%
5-Year Return	-3.19%
52-Week Low	9.41
52-Week High	10.15
Beta (5Y)	n/a
Holdings	1793
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.

• Fund Family: Fidelity
• Category: US Mortgage
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: FIKUX
• Share Class: Class Z
• Index: Bloomberg US MBS TR

Performance

FIKUX had a total return of -1.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.24%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FMSFX	Fidelity Mortgage Securities Fund	0.45%
FMSCX	Class I	0.60%
FMSAX	Class M	0.81%
FMGAX	Class A	0.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03473	Oct 1, 2026
Aug 31, 2026	$0.03641	Sep 1, 2026
Jul 31, 2026	$0.03521	Aug 3, 2026
Jun 30, 2026	$0.03416	Jul 1, 2026
May 31, 2026	$0.03266	Jun 1, 2026
Apr 30, 2026	$0.03289	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 4, 2026

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