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

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.82

-

4.16%

$0.37

0.63%

Vitals

YTD Return

1.0%

1 yr return

7.9%

3 Yr Avg Return

5.0%

5 Yr Avg Return

5.7%

Net Assets

$4.8 B

Holdings in Top 10

12.4%

52 WEEK LOW AND HIGH

$8.81
$8.36
$8.84

Expenses

OPERATING FEES

Expense Ratio 0.63%

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

$8.82

-

4.16%

$0.37

0.63%

FGUMX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.67%
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.


FGUMX - Performance

Return Ranking - Trailing

Period FGUMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -69.1% 10.5% 56.10%
1 Yr 7.9% -16.2% 44.9% 76.64%
3 Yr 5.0%* -12.1% 17.4% 79.70%
5 Yr 5.7%* -5.6% 13.4% 50.44%
10 Yr 6.1%* 1.8% 10.9% 50.70%

* Annualized

Return Ranking - Calendar

Period FGUMX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.6% -75.1% 399.1% 80.55%
2019 8.5% -56.9% 226.1% 36.05%
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 FGUMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -69.1% 10.5% 55.71%
1 Yr 7.9% -18.7% 52.4% 66.25%
3 Yr 5.0%* -12.1% 16.3% 70.87%
5 Yr 5.7%* -5.6% 12.7% 45.28%
10 Yr 6.1%* 1.8% 10.9% 45.81%

* Annualized

Total Return Ranking - Calendar

Period FGUMX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.6% -75.1% 399.1% 80.55%
2019 8.5% -56.9% 23.9% 38.91%
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


FGUMX - Holdings

Concentration Analysis

FGUMX Category Low Category High FGUMX % Rank
Net Assets 4.8 B 2.66 M 30.1 B 12.94%
Number of Holdings 455 1 2534 30.72%
Net Assets in Top 10 593 M -557 M 4.07 B 10.20%
Weighting of Top 10 12.42% 3.0% 100.0% 49.75%

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 FGUMX % Rank
Bonds
95.52% 0.00% 149.08% 31.84%
Cash
2.43% -46.64% 100.00% 55.85%
Convertible Bonds
1.10% 0.00% 19.02% 60.70%
Stocks
0.95% 0.00% 38.15% 32.59%
Preferred Stocks
0.00% 0.00% 13.89% 55.60%
Other
0.00% -53.57% 32.06% 41.42%

Stock Sector Breakdown

Weighting Return Low Return High FGUMX % Rank
Consumer Defense
68.09% 0.00% 100.00% 4.47%
Energy
31.91% 0.00% 100.00% 52.51%
Utilities
0.00% 0.00% 100.00% 34.82%
Technology
0.00% 0.00% 60.77% 32.40%
Real Estate
0.00% 0.00% 100.00% 24.02%
Industrials
0.00% 0.00% 100.00% 45.44%
Healthcare
0.00% 0.00% 42.19% 32.77%
Financial Services
0.00% 0.00% 100.00% 43.20%
Communication Services
0.00% 0.00% 100.00% 55.87%
Consumer Cyclical
0.00% 0.00% 100.00% 41.71%
Basic Materials
0.00% 0.00% 100.00% 44.13%

Stock Geographic Breakdown

Weighting Return Low Return High FGUMX % Rank
US
0.77% -1.89% 35.96% 34.20%
Non US
0.18% -0.04% 5.61% 14.68%

Bond Sector Breakdown

Weighting Return Low Return High FGUMX % Rank
Corporate
96.94% 0.00% 100.00% 31.38%
Cash & Equivalents
3.06% 0.00% 100.00% 56.91%
Derivative
0.00% 0.00% 46.55% 37.86%
Securitized
0.00% 0.00% 95.35% 51.18%
Municipal
0.00% 0.00% 11.44% 20.30%
Government
0.00% 0.00% 99.67% 42.71%

Bond Geographic Breakdown

Weighting Return Low Return High FGUMX % Rank
US
76.67% 0.00% 135.78% 70.02%
Non US
18.85% 0.00% 96.89% 17.29%

FGUMX - Expenses

Operational Fees

FGUMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.03% 4.79% 71.59%
Management Fee 0.55% 0.00% 1.84% 47.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FGUMX 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

FGUMX 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.

FGUMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 349.00% 41.84%

FGUMX - Distributions

Dividend Yield Analysis

FGUMX Category Low Category High FGUMX % Rank
Dividend Yield 4.16% 0.00% 34.04% 19.33%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FGUMX Category Low Category High FGUMX % Rank
Net Income Ratio 4.67% -2.17% 10.53% 61.04%

Capital Gain Distribution Analysis

FGUMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

FGUMX - 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