Morningstar

Fidelity Advisor High Income Fund - Class Z FGUMX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $7.75  /  +0.13 %
  • Fund Size $2.9B
  • Adjusted Expense Ratio 0.600%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 6.79%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis FGUMX

Will FGUMX outperform in the 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 FGUMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGUMX 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 FGUMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Back on track.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Strong bond-picking and prudent portfolio construction have contributed to Fidelity High Income’s sharp rebound.

by Max Curtin
Rated on Published on

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Portfolio Holdings FGUMX

More FGUMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.04%

3.26 98M
Government

Fidelity Cash Central Fund

1.91 57M
Cash and Equivalents

Proofpoint Term B 1ln 08/31/28

0.65 20M
Corporate

New Fortr Tm B 1ln 10/28

0.62 19M
Corporate

Well Health Technologies Corp 9.91774%

0.59 18M
Corporate

Artera Services LLC 0.085%

0.53 16M
Corporate

1261229 Bc Ltd. 0.1%

0.53 16M
Corporate

Oracle Corp. 0.036%

0.50 15M
Corporate

Prior Rno Property Owner 1 LLC 0.065%

0.49 15M
Corporate

Csc Servicew Tm Ex Flso 1 9/30

0.48 15M
Corporate

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