Fidelity Advisor Mortgage Securities I (FMSCX)
| Fund Assets | 669.37M |
| Expense Ratio | 0.57% |
| Min. Investment | $0.00 |
| Turnover | 767.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.08% |
| Dividend Growth | 11.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.99 |
| YTD Return | 4.68% |
| 1-Year Return | 0.58% |
| 5-Year Return | -4.89% |
| 52-Week Low | 9.45 |
| 52-Week High | 10.16 |
| Beta (5Y) | n/a |
| Holdings | 1555 |
| Inception Date | Mar 3, 1997 |
About FMSCX
Fidelity Advisor Mortgage Securities Fund – Class I is an open-end mutual fund specializing in mortgage-backed and related securities, with a primary objective of delivering a high level of current income while maintaining prudent investment risk. The fund focuses its investments on a diverse portfolio of U.S. mortgage-related assets, predominantly traditional government-agency mortgage-backed securities—such as those issued by Federal National Mortgage Association and Government National Mortgage Association—as well as non-agency mortgage-backed securities, commercial mortgage-backed securities, collateralized mortgage obligations, and select asset-backed instruments. A notable feature of this fund is its commitment to holding at least 80% of assets in investment-grade, medium to high-quality mortgage securities and repurchase agreements, emphasizing credit quality and lower risk exposure. Managed by an experienced team, the fund employs a research-driven, team-based approach to identify value and market inefficiencies within the sector. Its strategy offers important exposure to the U.S. housing and real estate finance sectors, serving as a core fixed-income component for investors seeking income and diversification through mortgage-backed securities within the broader bond market landscape.
Performance
FMSCX had a total return of 0.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.33%.
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 | $0.03232 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03253 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03349 | Jul 1, 2025 |
| May 30, 2025 | $0.03328 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03174 | May 1, 2025 |
| Mar 31, 2025 | $0.03203 | Apr 1, 2025 |