Fidelity Advisor Mortgage Securities I (FMSCX)
| Fund Assets | 679.43M |
| Expense Ratio | 0.57% |
| Min. Investment | $0.00 |
| Turnover | 767.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.09% |
| Dividend Growth | 10.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.04 |
| YTD Return | 5.41% |
| 1-Year Return | 4.92% |
| 5-Year Return | -4.19% |
| 52-Week Low | 9.45 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 1605 |
| 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 4.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.34%.
Top 10 Holdings
48.73% of assets| Name | Symbol | Weight |
|---|---|---|
| FNMA/FHLG TBA ISSUER - UMBS 30YR 2% 09/01/2055 #TBA | FNCL.2 9.13 | 14.04% |
| FNMA/FHLG TBA ISSUER - UMBS 30YR 2% 10/01/2055 #TBA | FNCL.2 10.13 | 8.47% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 6% 09/01/2055 #TBA | G2SF.6 9.11 | 7.09% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 6% 10/01/2055 #TBA | G2SF.6 10.11 | 3.97% |
| FNMA/FHLG TBA ISSUER - UMBS 30YR 5.5% 09/01/2055 #TBA | FNCL.5.5 9.11 | 3.20% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 5.5% 09/01/2055 #TBA | G2SF.5.5 9.11 | 2.65% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 2% 09/01/2055 #TBA | G2SF.2 9.13 | 2.41% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 3% 09/01/2055 #TBA | G2SF.3 9.11 | 2.40% |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER - GNII II 2.5% 09/01/2055 #TBA | G2SF.2.5 9.12 | 2.32% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 2.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03152 | Oct 1, 2025 |
| 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 |