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Trending ETFs

Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.52

$470 M

3.63%

$0.34

0.40%

Vitals

YTD Return

-2.7%

1 yr return

-1.2%

3 Yr Avg Return

-3.8%

5 Yr Avg Return

-0.7%

Net Assets

$470 M

Holdings in Top 10

55.7%

52 WEEK LOW AND HIGH

$9.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.52

$470 M

3.63%

$0.34

0.40%

FIKUX - Profile

Distributions

  • YTD Total Return -2.7%
  • 3 Yr Annualized Total Return -3.8%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.41%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Advisor Mortgage Securities Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 02, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Z
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Franco Castagliuolo

Fund Description

Normally investing at least 80% of assets in investment-grade mortgage-related securities (those of medium and high quality) and repurchase agreements for those securities.Investing in U.S. Government securities and instruments related to U.S. Government securities.Investing in U.S. Government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury.Managing the fund to have similar overall interest rate risk to the Bloomberg U.S. MBS Index.Allocating assets across different market sectors and maturities.Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.Investing in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines) consistent with the asset classes discussed above.
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FIKUX - Performance

Return Ranking - Trailing

Period FIKUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -10.4% 3.2% 90.68%
1 Yr -1.2% -11.1% 11.5% 86.87%
3 Yr -3.8%* -10.7% 25.0% 72.61%
5 Yr -0.7%* -6.9% 190.7% 89.68%
10 Yr N/A* -2.6% 73.3% 80.34%

* Annualized

Return Ranking - Calendar

Period FIKUX Return Category Return Low Category Return High Rank in Category (%)
2023 1.2% -16.2% 8.1% 81.49%
2022 -13.8% -34.7% 131.9% 9.55%
2021 -1.8% -11.6% 4.4% 4.56%
2020 2.0% -10.1% 946.1% 86.40%
2019 3.6% -1.7% 16.9% 88.56%

Total Return Ranking - Trailing

Period FIKUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -10.4% 3.2% 90.68%
1 Yr -1.2% -11.1% 11.5% 86.87%
3 Yr -3.8%* -10.7% 25.0% 72.61%
5 Yr -0.7%* -6.9% 190.7% 89.68%
10 Yr N/A* -2.6% 73.3% 76.73%

* Annualized

Total Return Ranking - Calendar

Period FIKUX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% -11.3% 11.0% 84.68%
2022 -12.3% -32.2% 131.9% 13.92%
2021 -0.9% -9.4% 9.2% 45.28%
2020 4.8% -1.9% 1009.0% 93.64%
2019 6.7% 1.1% 21668.0% 88.79%

NAV & Total Return History


FIKUX - Holdings

Concentration Analysis

FIKUX Category Low Category High FIKUX % Rank
Net Assets 470 M 2.9 M 314 B 66.47%
Number of Holdings 1374 1 17889 29.96%
Net Assets in Top 10 244 M -106 M 36.5 B 55.11%
Weighting of Top 10 55.66% 4.4% 134.1% 9.49%

Top 10 Holdings

  1. UMBS 30YR 2% 12/01/2053 #TBA 14.33%
  2. UMBS 30YR 2% 01/01/2054 #TBA 8.91%
  3. GNII II 2% 12/01/2053 #TBA 6.19%
  4. UMBS 30YR 3% 12/01/2053 #TBA 4.80%
  5. GNII II 2% 01/01/2054 #TBA 4.76%
  6. Fidelity Cash Central Fund 4.21%
  7. GNII II 3% 12/01/2053 #TBA 3.34%
  8. UMBS 30YR 6.5% 12/01/2053 #TBA 3.15%
  9. GNII II 2.5% 12/01/2053 #TBA 3.07%
  10. UMBS 30YR 3% 01/01/2054 #TBA 2.89%

Asset Allocation

Weighting Return Low Return High FIKUX % Rank
Bonds
130.73% 0.00% 215.98% 4.22%
Cash
4.21% -54.51% 79.52% 37.03%
Stocks
0.00% 0.00% 99.93% 99.90%
Preferred Stocks
0.00% 0.00% 74.68% 98.82%
Convertible Bonds
0.00% 0.00% 7.93% 99.60%
Other
-0.01% -13.23% 50.66% 94.50%

Bond Sector Breakdown

Weighting Return Low Return High FIKUX % Rank
Securitized
86.55% 0.00% 98.40% 2.67%
Cash & Equivalents
4.21% 0.00% 76.23% 34.97%
Government
1.32% 0.00% 86.23% 95.15%
Corporate
0.00% 0.00% 100.00% 99.80%
Municipal
0.00% 0.00% 100.00% 99.60%
Derivative
-0.01% -5.38% 50.66% 85.46%

Bond Geographic Breakdown

Weighting Return Low Return High FIKUX % Rank
US
130.73% 0.00% 215.98% 3.93%
Non US
0.00% 0.00% 39.04% 98.82%

FIKUX - Expenses

Operational Fees

FIKUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.01% 39.10% 84.46%
Management Fee 0.28% 0.00% 1.76% 27.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FIKUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FIKUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIKUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 493.39% 75.00%

FIKUX - Distributions

Dividend Yield Analysis

FIKUX Category Low Category High FIKUX % Rank
Dividend Yield 3.63% 0.00% 9.92% 52.84%

Dividend Distribution Analysis

FIKUX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Monthly

Net Income Ratio Analysis

FIKUX Category Low Category High FIKUX % Rank
Net Income Ratio 0.41% -1.28% 4.79% 97.52%

Capital Gain Distribution Analysis

FIKUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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FIKUX - Fund Manager Analysis

Managers

Franco Castagliuolo


Start Date

Tenure

Tenure Rank

Dec 08, 2009

12.48

12.5%

Franco Castagliuolo joined Fidelity Investments in 1997, Mr. Castagliuolo has served as a research associate and portfolio manager.

Sean Corcoran


Start Date

Tenure

Tenure Rank

Dec 08, 2017

4.48

4.5%

Since joined Fidelity Investments in 2001 and has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.8 1.16