FGTMX: Fidelity Advisor® High Income Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.84

-

4.15%

$0.37

0.80%

Vitals

YTD Return

1.3%

1 yr return

7.9%

3 Yr Avg Return

4.9%

5 Yr Avg Return

5.7%

Net Assets

$4.8 B

Holdings in Top 10

12.4%

52 WEEK LOW AND HIGH

$8.84
$8.36
$8.84

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.84

-

4.15%

$0.37

0.80%

FGTMX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.57%
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Advisor® High Income Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Dec 04, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Weaver

Fund Description

The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The fund invests in companies in troubled or uncertain financial condition. It invests in domestic and foreign issuers.


FGTMX - Performance

Return Ranking - Trailing

Period FGTMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -69.1% 11.5% 52.41%
1 Yr 7.9% -16.2% 44.9% 76.38%
3 Yr 4.9%* -12.1% 17.4% 81.49%
5 Yr 5.7%* -5.6% 13.4% 51.92%
10 Yr 6.1%* 1.8% 10.9% 52.29%

* Annualized

Return Ranking - Calendar

Period FGTMX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.6% -75.1% 399.1% 80.82%
2019 8.5% -56.9% 226.1% 36.48%
2018 N/A -61.3% -0.4% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 28.6% N/A

Total Return Ranking - Trailing

Period FGTMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -69.1% 11.5% 52.15%
1 Yr 7.9% -18.7% 52.4% 65.99%
3 Yr 4.9%* -12.1% 16.3% 72.57%
5 Yr 5.7%* -5.6% 12.7% 46.53%
10 Yr 6.1%* 1.8% 10.9% 47.37%

* Annualized

Total Return Ranking - Calendar

Period FGTMX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.6% -75.1% 399.1% 80.82%
2019 8.5% -56.9% 23.9% 39.34%
2018 N/A -61.3% 0.9% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 39.0% N/A

NAV & Total Return History


FGTMX - Holdings

Concentration Analysis

FGTMX Category Low Category High FGTMX % Rank
Net Assets 4.8 B 2.66 M 30.1 B 13.22%
Number of Holdings 455 1 2534 32.79%
Net Assets in Top 10 593 M -557 M 4.07 B 10.72%
Weighting of Top 10 12.42% 3.1% 100.0% 50.25%

Top 10 Holdings

  1. Fidelity Revere Str Tr 3.05%
  2. C&W Senior Financing Designated Activity Company 6.88% 1.52%
  3. Rackspace Technology Global Incorporated 5.38% 1.27%
  4. Tenet Healthcare Corporation 8.12% 1.26%
  5. Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca 1.19%
  6. CSC Holdings, LLC 4.62% 1.15%
  7. Frontier Communications Corporation 8% 1.14%
  8. Intelsat Jackson Holdings, Ltd. 8% 1.12%
  9. Community Health Systems Incorporated 8% 1.05%
  10. Ally Financial Inc. 5.75% 1.00%

Asset Allocation

Weighting Return Low Return High FGTMX % Rank
Bonds
95.52% 0.00% 147.88% 37.53%
Cash
2.43% -46.64% 100.00% 50.50%
Convertible Bonds
1.10% 0.00% 19.02% 61.85%
Stocks
0.95% 0.00% 38.15% 33.67%
Preferred Stocks
0.00% 0.00% 13.89% 91.27%
Other
0.00% -52.60% 32.06% 82.92%

Stock Sector Breakdown

Weighting Return Low Return High FGTMX % Rank
Consumer Defense
68.09% 0.00% 100.00% 5.25%
Energy
31.91% 0.00% 100.00% 53.28%
Utilities
0.00% 0.00% 100.00% 83.30%
Technology
0.00% 0.00% 60.77% 84.43%
Real Estate
0.00% 0.00% 100.00% 82.18%
Industrials
0.00% 0.00% 100.00% 88.37%
Healthcare
0.00% 0.00% 42.19% 83.86%
Financial Services
0.00% 0.00% 100.00% 86.49%
Communication Services
0.00% 0.00% 100.00% 90.06%
Consumer Cyclical
0.00% 0.00% 100.00% 85.37%
Basic Materials
0.00% 0.00% 100.00% 86.12%

Stock Geographic Breakdown

Weighting Return Low Return High FGTMX % Rank
US
0.77% -1.89% 35.96% 34.54%
Non US
0.18% -0.04% 5.61% 14.46%

Bond Sector Breakdown

Weighting Return Low Return High FGTMX % Rank
Corporate
96.94% 0.00% 100.00% 36.58%
Cash & Equivalents
3.06% 0.00% 100.00% 52.68%
Derivative
0.00% 0.00% 46.55% 87.52%
Securitized
0.00% 0.00% 95.35% 89.89%
Municipal
0.00% 0.00% 11.44% 82.27%
Government
0.00% 0.00% 99.67% 89.01%

Bond Geographic Breakdown

Weighting Return Low Return High FGTMX % Rank
US
76.67% 0.00% 135.78% 71.32%
Non US
18.85% 0.00% 96.89% 17.96%

FGTMX - Expenses

Operational Fees

FGTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.03% 4.79% 52.81%
Management Fee 0.55% 0.00% 1.84% 54.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FGTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

FGTMX 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.

FGTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 349.00% 43.26%

FGTMX - Distributions

Dividend Yield Analysis

FGTMX Category Low Category High FGTMX % Rank
Dividend Yield 4.15% 0.00% 34.04% 80.96%

Dividend Distribution Analysis

FGTMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FGTMX Category Low Category High FGTMX % Rank
Net Income Ratio 4.57% -2.17% 10.53% 65.26%

Capital Gain Distribution Analysis

FGTMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Dividend Payout History

View More +

FGTMX - Fund Manager Analysis

Managers

Michael Weaver


Start Date

Tenure

Tenure Rank

Oct 01, 2018

2.92

2.9%

Michael Weaver is a portfolio manager at FMR Co. In this role, Mr. Weaver is responsible for co-managing Fidelity Total Bond ETF, multiple institutional high yield portfolios, and co-manages all of Fidelity’s collateralized loan obligation strategies. Previously, Mr. Weaver held various positions in the High Income Group, including portfolio manager covering Select Automotive from 2009 to 2013. Mr. Weaver joined Fidelity in 2005, and has been in the investments industry since 1998. Mr. Weaver earned his BS degree in economics from the Wharton School at the University of Pennsylvania.

Alexandre Karam


Start Date

Tenure

Tenure Rank

Dec 01, 2018

2.75

2.8%

Alexandre Karam is a portfolio manager in the High Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to more than 26 million individuals, institutions, and financial intermediaries.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 37.05 6.82 2.17