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Fidelity Advisor New Markets Income Z FGBMX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FGBMX

Will FGBMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGBMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGBMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGBMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This team is still settling in.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Average Process and People ratings. Since formally taking over in late 2020, management has navigated a variety of market environments well. But there have been some team changes, and it will take time for new faces to acclimate here.

by Mike Mulach
Rated on Published on

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