Fidelity Advisor Mortgage Securities A (FMGAX)
Fund Assets | 656.90M |
Expense Ratio | 0.80% |
Min. Investment | $0.00 |
Turnover | 767.00% |
Dividend (ttm) | 0.38 |
Dividend Yield | 3.77% |
Dividend Growth | 15.28% |
Payout Frequency | Monthly |
Ex-Dividend Date | Jul 31, 2025 |
Previous Close | 9.80 |
YTD Return | 2.55% |
1-Year Return | 0.42% |
5-Year Return | -7.73% |
52-Week Low | 9.45 |
52-Week High | 10.16 |
Beta (5Y) | n/a |
Holdings | 1534 |
Inception Date | Mar 3, 1997 |
About FMGAX
Fidelity Advisor Mortgage Securities Fund Class A is an actively managed mutual fund that primarily invests in investment-grade mortgage-related securities. Its main objective is to provide a high level of current income while maintaining prudent investment risk. The fund typically allocates at least 80% of its assets to securities such as mortgage-backed obligations issued or guaranteed by U.S. government agencies, including those from the Federal National Mortgage Association and the Government National Mortgage Association, as well as related repurchase agreements. This approach positions the fund within the intermediate government bond category, focusing on securities backed by the creditworthiness of the U.S. government or its agencies. Notable for its diversified portfolio comprising over 1,400 holdings, the fund is structured to deliver consistent monthly dividend distributions. With an inception date in 1997 and nearly $1 billion in assets under management, Fidelity Advisor Mortgage Securities Fund Class A plays a significant role for investors seeking exposure to the mortgage securities sector and a reliable stream of income within the broader fixed income market.
Performance
FMGAX had a total return of 0.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.91%.
Top 10 Holdings
22.73% of assetsName | Symbol | Weight |
---|---|---|
Federal National Mortgage Association 0.02% | FNCL.2 8.13 | 4.26% |
Government National Mortgage Association 0.06% | G2SF.6 8.11 | 4.01% |
Federal National Mortgage Association 0.02% | FNCL.2 7.13 | 3.73% |
Government National Mortgage Association 0.02% | G2.MA7880 | 1.90% |
Fidelity Cash Central Fund | n/a | 1.85% |
Government National Mortgage Association 0.025% | G2SF.2.5 8.12 | 1.48% |
Government National Mortgage Association 0.05% | G2.MB0146 | 1.46% |
Government National Mortgage Association 0.02% | G2SF.2 7.13 | 1.43% |
Federal Home Loan Mortgage Corp. 0.035% | FR.SD0958 | 1.34% |
Government National Mortgage Association 0.045% | G2.MB0024 | 1.29% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jul 31, 2025 | $0.0308 | Aug 1, 2025 |
Jun 30, 2025 | $0.03173 | Jul 1, 2025 |
May 30, 2025 | $0.03156 | Jun 2, 2025 |
Apr 30, 2025 | $0.03015 | May 1, 2025 |
Mar 31, 2025 | $0.03025 | Apr 1, 2025 |
Feb 28, 2025 | $0.02844 | Mar 3, 2025 |