Fidelity Advisor Mortgage Securities A (FMGAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.78
-0.02 (-0.20%)
Aug 15, 2025, 4:00 PM EDT
-0.20%
Fund Assets656.90M
Expense Ratio0.80%
Min. Investment$0.00
Turnover767.00%
Dividend (ttm)0.38
Dividend Yield3.77%
Dividend Growth15.28%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close9.80
YTD Return2.55%
1-Year Return0.42%
5-Year Return-7.73%
52-Week Low9.45
52-Week High10.16
Beta (5Y)n/a
Holdings1534
Inception DateMar 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.

Fund Family Fidelity
Category Intermediate Government
Stock Exchange NASDAQ
Ticker Symbol FMGAX
Share Class Class A
Index Bloomberg US MBS TR

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%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FIKUXClass Z0.36%
FMSFXFidelity Mortgage Securities Fund0.44%
FMSCXClass I0.57%
FMSAXClass M0.80%

Top 10 Holdings

22.73% of assets
NameSymbolWeight
Federal National Mortgage Association 0.02%FNCL.2 8.134.26%
Government National Mortgage Association 0.06%G2SF.6 8.114.01%
Federal National Mortgage Association 0.02%FNCL.2 7.133.73%
Government National Mortgage Association 0.02%G2.MA78801.90%
Fidelity Cash Central Fundn/a1.85%
Government National Mortgage Association 0.025%G2SF.2.5 8.121.48%
Government National Mortgage Association 0.05%G2.MB01461.46%
Government National Mortgage Association 0.02%G2SF.2 7.131.43%
Federal Home Loan Mortgage Corp. 0.035%FR.SD09581.34%
Government National Mortgage Association 0.045%G2.MB00241.29%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.0308Aug 1, 2025
Jun 30, 2025$0.03173Jul 1, 2025
May 30, 2025$0.03156Jun 2, 2025
Apr 30, 2025$0.03015May 1, 2025
Mar 31, 2025$0.03025Apr 1, 2025
Feb 28, 2025$0.02844Mar 3, 2025
Full Dividend History